Trading a Betting Fund?

Discussion in 'Politics' started by mauzj, Sep 2, 2003.

  1. mauzj

    mauzj

    Hi,

    I'm not too sure if this counts as trading, but has anyone here had any experience of trading a fund that's used to speculate on the outcomes of sporting events (i.e. sports betting)?

    I find it hard to just breakeven trading FX, but know several people (including myself) who have taken £10 to a few hundred (though I've taken my personal fund down to under £50 now) through sports betting.

    If anyone here does have any experience, do they have any tips? To anyone else - is it likely that this will be a profitable endeavor, taking into account the fact that about half the members of this new fund have taken £10 to over £100 (it took them about a month or two).

    Regards,


    The Stats Monkey.