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Chat With Traders

105: Brendan Poots – How a Former Punter Pioneered a Premier Sports Betting Hedge Fund

Chat With Traders

Tessa Dao

Education, Business, Investing

4.92.3K Ratings

🗓️ 29 December 2016

⏱️ 61 minutes

🧾️ Download transcript

Summary

Brendan Poots is the founder of sports betting hedge fund, The Priomha Group, who mainly bet on football, cricket, golf and also horse racing and tennis. Priomha setup shop in Melbourne (Australia) in 2010, and more recently, have expanded with a second location in Gibraltar (Europe). From inception up to the release of this episode, Priomha’s Cloney fund has returned a little over 220%. From listening to our discussion, you’ll gain great insight to how Brendan runs his operation—from getting investors to buy in, to controlling risk and minimizing the volatility of returns, and how the fund makes money trading sports games. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Chat with traders is brought to you by Trade the Pool.

0:03.6

Is a lack of buying power, capital, or fear of losing your own money, preventing you from

0:08.8

taking your trading to the next level?

0:11.0

Trade the Pool is an online stock trading prop firm that funds stock traders.

0:16.3

You show them your skills, trade their capital, and keep your profits.

0:20.8

You can trade any stock or ETF in the US markets.

0:23.5

The process is simple.

0:24.8

Pay for an evaluation fee, pass the evaluation, and get funded.

0:29.0

Visit tradethepool.com-forge-chat to learn more.

0:35.7

Chat with traders is also brought to you by the Chat with traders' community.

0:39.5

We'll keep this announcement short.

0:41.2

We just want you to visit chatwithtraders.com-community to learn more about what our community is all about.

0:47.5

Thank you, and we wish you all the best in your trading journey.

0:54.1

The market's speculation and risk.

0:56.9

This is the Chat with traders' podcast hosted by Aaron Faefield.

1:01.7

Hey, team.

1:03.2

What's going on?

1:04.5

I really hope you had an incredible Christmas day.

1:08.0

Eat yourself silly and had plenty of laughs.

1:11.5

For this episode, being 105, I asked Brendan Poots onto the podcast.

1:17.5

Brendan is the founder of a sports betting hedge fund, the Prohoma Group.

1:22.5

The main sports which Prohoma bet on include football, as in soccer, cricket, golf, and

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