Leading European bookmakers enjoy the 'revenge served cold' template of reactive rutting.
On a global level, this is not a strategy that is frequently an option due to the incredible degrees of dexterity demonstrated by the Asian layers - any tactic against the Far East is merely seen as an invitation to play.
But within Europe, power plays and wins for the leading operators.
Yesterday Brighton and Hove Albion sacked their manager, Russell Slade.
He had been in the job for just eight months, had helped to secure Brighton's League One place at the end of last season, was given a two year contract as a reward, but is now out of a job.
And entirely unfairly too.
These two hyperrealities are linked.
Regular readers will be aware of our bulging file on Anthony Grant "The Lizard" Bloom.
In the mid-nineties, Bloom represented Victor Chandler International in the first European foray into the Asian markets. Bloom was based in Bangkok for a couple of years and offered secure trading accounts (off the record of course) to discerning traders who wished to get involved in the Asian Handicap markets which, at that stage, were not available in Europe.
It was in this manner that we initially met.
At that time in Asia, the underground markets were pretty much the only option and these operations used to transfigure their neorealities at a pace. Different names (slightly), different territories, but the same characters behind the markets.
Backhanders secured passage to the safety of new trading environments - the links between the gambling industry and the police is particularly strong in Thailand, for example.
Think His Excellency, Dibble Shinawatra...
Unless you were able to furnish these bookmakers with primary level insider information, you were very liable to get ripped off.
Hence, Bloom's service was seen as a good option.
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Bloom managed to sustain his preferential links with Asia for a while, using a looped process whereby 'information' from Europe was swapped for privileged market access in Asia, which revealed 'knowledge' that was accordingly utilised for beneficial trading within Europe.
It was this last section of the loop that remains problematic to Mr Bloom to this very day.
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##############################################, Ladbrokes, also didn't take too well to Bloom reaching the Finals of the Ladbrokes Million Poker Tournament on two separate occasions.
I had several trading conversations with Bloom on the morning of one of these events and I asked him how he would deal with the tilting of the table against his interests.
He had no plan.
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After reinventing himself as a property developer, Bloom took over at Brighton in the summer and we said at the time that he should expect shenanigans.
In Reality, Brighton and Hove Albion could stand 8 points better off in League One this season, on the fringe of the Play-Offs rather than on the periphery of oblivion.
The sacking of Slade is therefore in the kneejerk sub-sector of strategy.
Check this...
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Better blame Slade then.
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You do not take the piss out of the likes of these people.
Or, if you do, expect Mandelbrotian waves of self-harming self-similarity ad nauseum.
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