Fidens, the Football Form Labs-operated tax-free betting syndicate trading on football, has broken the £1million mark under management as it continues its rapid growth.
The syndicate uses high-powered algorithms, a comprehensive proprietary worldwide information source, and efficient bet placement to gain the best possible price on football markets.
Following six years of development, Fidens has made over 9,400 trades since launching in 2011, with an average edge on sportsbook prices of 3.76% per trade. With over £1million under management and 3000+ trades placed turnover in 2014 will exceed £18milllion.
Fidens uses bet brokers to find the best prices in the Far East and offers complete transparency in its operations. All trades are easily visible to investors through their unique log in and, as Fidens has no access to an investor’s capital, members can withdraw their balance at any time.
Clients benefit from tax-free profits, performance fees that are watermarked so there are no fees in any losing quarters and exciting growth potential in a rapidly-expanding investment fund that is continually developing and testing market-leading strategies and systems.
Andrew Dagnall, CEO, Football Form Labs, said: “This form of investment really appeals to investors who are looking for an alternative to conventional investment.
“The transparency that we offer is a huge benefit to our customers. They know that we don’t have access to their funds and they can withdraw their balance at any time. They also feel confident that all of our trades are placed using high-powered algorithms with zero human interaction. We feel this is the future when it comes to sport investment funds.”
http://fidens.