Hello All,

Since holidays are upon us and in the spirit of helping others I decided to conduct a little research to find out if people are interested in creating a betting pool. The idea behind this is my simple strategy for making profits (not extraordinary profits) by doing some research into teams and deciding what teams to back during their games.

Please understand from the beginning that this is NOT A RISK FREE OPPORTUNITY. If you are looking for risk-free betting then I suggest looking into arbitrage betting although I am not a big fan of the companies currently around. The pool I am creating will have some risk so depending on your preferences you might end up losing your initial investment. Plain and simple. YOU MIGHT END UP LOSING YOUR MONEY IF I BACK THE WRONG TEAMS. Of course I will also lose my money at the same time but that is a risk I am willing to take since I am not betting large amounts. After saying that, let’s continue to my idea.

This will be a small scale operation to get an idea of the logistics and the complexity of the deposit/withdraw system. I am talking about 10-15 people each able to put in the pool a maximum of $100 to keep the risks minimum. There will not be a website as I find them a waste of time. Instead there will be communication through a newsletter to the members and also individual emails. Method of deposit/withdraw will be Neteller since I am currently using it and I am satisfied with them. Deposits to Neteller can be instant using credit card or bank transfer (take 2-5 days). Then transfers from a Neteller account to another are also instant. Withdraws can be made by bank transfer (take few days) or by using their debit card (takes up to one day).

Moving on to the interesting part. There will not be a fixed profit % as the returns will vary depending on the risk we take and the number of teams I support every week. Also the number of bets taken every week can vary (from 1-2 bets per week to 0 bets). On average I will say the return on a single bet will vary between 20%-60%, keep in mind the higher the return the more risk involved. So make the calculations and you will see that for a middle term investment, it can be very lucrative. You will also be able to withdraw your initial investment after it has been used twice in the pool. Profits can be compounded or they can be withdrawn. After every bet an email will be sent to the members informing them of returns and risk taken. Then the members will be able to decide if they want to withdraw or compound the earnings. Again, please keep in mind THAT THERE IS RISK INVOLVED AND THAT A BET MIGHT GO WRONG RESULTING IN CLOSURE OF THE POOL since no capital will be available to continue assuming all capital was invested in that particular bet.

What’s in it for me? Commission from the profits. 20% I think is fare considering the high returns feasible and also the risk that you take since you are putting the capital that can be potentially lost.

FOR NOW I AM ONLY COLLECTING INTEREST IN THIS PROJECT AND HAVE NOT DECIDED TO GO FORWARD WITH IT OR NOT. PLEASE SEND ME A PM STATING YOUR INTEREST AND AMOUNT OF MONEY WILLING TO INVEST (up to $100). THANK YOU AND HAPPY HOLIDAYS TO ALL. TO OUR SUCCESS.