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"cheatr" Pitch by Simon Gallagher at #TFTLondon


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Simon Gallagher presents his pitch ultimate social collaboration betting adviser to 'the Dragons' at the June meeting of "the Fantastic Tavern".

This presentation was given on 24th June 2010 at the "Dicken's Inn, St Katherine's Dock" in London.

Published in: Technology, Education
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"cheatr" Pitch by Simon Gallagher at #TFTLondon

  1. 1. Simon Gallagher<br />cheatr<br />
  2. 2. £0<br />
  3. 3.
  4. 4. cheatr – phase I<br />Low value, high-frequency<br />Massively parallel online gambling apps using “the cloud”<br />Referrals, free trials<br />Stooge accounts<br />Build intelligence, patterns, data<br />Do “complicated number crunching” in “the cloud”<br />Should “break-even”<br />𝑓𝑥=𝑎0+𝑛=1∞𝑎𝑛cos𝑛𝜋𝑥𝐿+𝑏𝑛sin𝑛𝜋𝑥𝐿<br /> <br />
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  7. 7. Developmarketing on the cheap using “the cloud”<br />Development crowdsourced to Computer Science students, nerds, unemployed software developers<br />“good enough” model / distributed risk<br />Revenue Share Model<br />Build loyal tribe in the “cloud”<br />iPhone app<br />Facebook fans, apps<br />Myspace<br />Twitter<br />4aq<br />
  8. 8. cheatr – phase 2<br />Commercialisation, margin/%age<br />In-line application<br />Change bets based on observed patterns<br />Machine learning<br /><br />
  9. 9. Fin<br />You’ve been rumbled<br />Countermeasures >= Profit<br />No capital assets for “the feds” to seize<br />or<br />But cost = neutral<br />