Tom Waterhouse on Syndicates, Minimum Bet Law, and the Future of Sharp Betting | SBC Podcast Ep.91

In the latest SBC Podcast episode, I sit down with Tom Waterhouse, Australian betting guru, ex-CEO of William Hill Australia, and founder of Waterhouse VC.

Tom lifts the lid on how professional syndicates really operate, where today’s biggest betting edges can be found, Australia’s Minimum Bet Law and what the rise of new markets like crypto and contracts means for sharp players. 

He also shares how Waterhouse VC is investing in cutting-edge suppliers, betting technology, and even syndicates themselves, with a focus on option-based deals.

You can listen to Episode 91 with Tom now via Apple / Spotify / YouTube and all other major podcast directories (search Smart Betting Club)

SYNDICATES – WHAT PROS DO DIFFERENTLY

  • Inside Waterhouse VC’s investments in tennis and blackjack syndicates
  • Spotting the difference between scalable edge and short-term variance
  • How Tom’s father, with 45 years of unbeaten syndicate betting, helps evaluate opportunities
  • What everyday bettors can copy from syndicate’s approach and structure

DISCIPLINE, MINDSET & SHARP PLAY

  • Why betting less often can be the key to winning long term
  • Tom’s blueprint for knowing when to strike and when to sit tight
  • Advice on finding overlooked markets where edges still exist

REGULATION, MINIMUM BET LAW & THE BLACK MARKET

  • Australia’s minimum bet law: why some bettors love it and others hate it. Would it work in the UK and other areas as a solution to restrictions?
  • How these same restrictions and affordability checks are pushing punters away from licensed firms
  • The surge of crypto-based black-market betting and why it’s so hard to police
  • Why Tom believes regulation moves in cycles and what might trigger the next reset

HOW WATERHOUSE VC FINDS AN EDGE

  • From on-course bookmaker to running William Hill Australia to launching his own VC fund
  • Why Waterhouse VC backs technology suppliers instead of operators
  • The option-based model Tom uses to limit downside while chasing outsized returns

NEW TECH & WHERE THE GAME IS MOVING

  • High-frequency betting, crypto products, and contract markets shaking up the industry
  • How platforms are bypassing regulation and partnering with giants like Robinhood and X
  • Why user experience and retention now matter more than sign-ups

You can listen to Episode 91 with Tom now via Apple / Spotify / YouTube and all other major podcast directories (search Smart Betting Club)

You can also support the SBC Podcast by visiting our podcast sponsor, Matchbook. You can get 150 days, commission free with them via this link.