I think its got something to do with gala casinos/bingos and william hillWhat is the biggest gambling syndicate in the UK?
IIt is connected to a Racing Club. they have 2,000 members, split into groups. They invest on the Scoop 6 on a Saturday. Each person pays 拢2 per week . This allows 拢4,000 to invest each Saturday in perms on the Scoop 6. they cover up to 5 horses per race. The 2,000 members are split into 4 groups. There are winnings each week.
The club takes 10% from all winnings. It is well run and you know in advance which horses you are on.
For leagl reasons I cannot name the U K syndicate here.
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