http://www.lovemoney.com/news/grow-your ... -4504.aspx
http://www.asa.org.uk/Complaints-and-AS ... 43760.aspx
It just looks like out and out punting to me?
http://www.centaursportfunds.com/downlo ... ec2009.pdf
http://www.centaursportfunds.com/downlo ... 10Agro.pdf
Centaur sports funds
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
Looks like Betfair are keen on the Company - they have teamed up to offer seminars!
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
NFI'd
Wouldn't mind a day trip to London and ask some tricky questions
Wouldn't mind a day trip to London and ask some tricky questions
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Merry Terry
- Posts: 49
- Joined: Tue Aug 10, 2010 2:37 pm
Big risk teaming up with that bunch of cowboys.andyfuller wrote:Looks like Betfair are keen on the Company - they have teamed up to offer seminars!
oggytoo, I've had a journalist in touch with me asking about centaur and he is interested in talking to somebody that hasn't been put forward by centaur. Would you be happy for me to pass him your details?oggytoo wrote:These guys are genuine. One of the problems tipsters have is that everyone assumes they are all rubbish/fraudsters. They aren't. There are many good ones around, and Centaur are one of them.
Because I'm party to information that has been discussed with this journalist, I'm not going to post on this thread. But I would like to think that a lot of users here will be able to make their own mind up on a tipping service that is now calling itself an 'investment fund'.
BTW it is not regulated by the FSA.
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
I just watched their promo youtube video and it made me remember something which I may be remembering incorrectly but I always thought if you traded with someone else's money or got someone else to trade with your money it became liable for tax despite betting being tax free.
Also they say in the video about their 9 year track record but it seems the parent company has only been around since 29/11/2005??
http://wck2.companieshouse.gov.uk/dff70 ... order?ft=1
Also they say in the video about their 9 year track record but it seems the parent company has only been around since 29/11/2005??
http://wck2.companieshouse.gov.uk/dff70 ... order?ft=1
I first heard of this back in March. Somebody from Betfair phoned me and asked if I would like to attend a course at Centaurs head office in London during the Cheltenham festival.
They said that food and drink would be provided, but as I live quite a way from London I didnt bother at the time, as it seemed a long way to go for what I could only imagine would be a sales pitch.
I got another email again last night, again offering me the place on a free Centaur training course.From what I can gather, Centaur are just tipsters/fund managers/specialist training etc etc etc. Basically, they just want my money.
What I cant understand is why Betfair are involved? What are the links Betfair have with this company, and why are they helping promote them by giving them a list of details of potential clients? It is always somebody from Betfair themselves that contact me, not Centaur. Are they linked? Do Betfair own any part of Centaur?
Im tempted to go this time out of curiosity, but ive got an awful feeling its just going to be a few blokes telling me how great they are at sports trading, and how great I could be too, if id only give them some money!
They said that food and drink would be provided, but as I live quite a way from London I didnt bother at the time, as it seemed a long way to go for what I could only imagine would be a sales pitch.
I got another email again last night, again offering me the place on a free Centaur training course.From what I can gather, Centaur are just tipsters/fund managers/specialist training etc etc etc. Basically, they just want my money.
What I cant understand is why Betfair are involved? What are the links Betfair have with this company, and why are they helping promote them by giving them a list of details of potential clients? It is always somebody from Betfair themselves that contact me, not Centaur. Are they linked? Do Betfair own any part of Centaur?
Im tempted to go this time out of curiosity, but ive got an awful feeling its just going to be a few blokes telling me how great they are at sports trading, and how great I could be too, if id only give them some money!
I received the same 'invitation' email as Oscar123 from Betfair yesterday. Offering two courses, one Advanced Sport Trading and another API training day.
In life I am generally very curious, it is funny but the more I open myself up to, the more events I go to or people I meet the more I find myself finding out ideas or opportunities that help me head closer towards my goals.
In January 2009, I decided to head along to Befair's Head Office for a Traders afternoon, it gave me a couple of ideas, but the biggest thing I 'discovered' was BetAngel, which has had a life changing discovery.
Have to admit I am curious about these new courses, even if it is just to pick up a new idea or two, or even to give me a new perspective on a different market or style of trading. Although it's a shame the majority of courses are on Thursdays, a busy day for trading for me, although I hope it's not got a sales pitch from Centaur as days away from my computer mean less days to reach my weekly, monthly and annual goals. Think if I do the end of November or start of December when horse racing is slowing down... Will give it some thought....
In life I am generally very curious, it is funny but the more I open myself up to, the more events I go to or people I meet the more I find myself finding out ideas or opportunities that help me head closer towards my goals.
In January 2009, I decided to head along to Befair's Head Office for a Traders afternoon, it gave me a couple of ideas, but the biggest thing I 'discovered' was BetAngel, which has had a life changing discovery.
Have to admit I am curious about these new courses, even if it is just to pick up a new idea or two, or even to give me a new perspective on a different market or style of trading. Although it's a shame the majority of courses are on Thursdays, a busy day for trading for me, although I hope it's not got a sales pitch from Centaur as days away from my computer mean less days to reach my weekly, monthly and annual goals. Think if I do the end of November or start of December when horse racing is slowing down... Will give it some thought....
Not sure I'd agree... 
Hedge funds play with other people's money, and, sub-prime mortgages aside, they aren't known for making seat of the pants decisions.
Jeff
Hedge funds play with other people's money, and, sub-prime mortgages aside, they aren't known for making seat of the pants decisions.
Jeff
LeTiss 4pm wrote: It's very easy to make rash decisions when playing with other people's money
30 points in a year is a joke!
If I made that little in a month, I'd be disappointed!
Jeff
If I made that little in a month, I'd be disappointed!
Jeff
kinglouie wrote:If you look at there tipping service results they made just over 30pts in 2009 and 18pts in 2008, thats 2.5 pts and 1.5pts per month respectively.
With that in mind would you invest 100K
If I could'nt make 2.5 pts a week I would give it up as a bad job!!!
Hi Ninny
When you're betting on horses, long winning and losing runs are a statistical inevitability.
I programmed a spreadsheet a while back, which simulates win-only bets when you have a mathematical edge: File name: Simulator.xls File size: 8.92 MB
Try running it a few times by re-entering the maximum odds figure in cell L2. If you graph the results (using Insert>Chart), you will observe both long losing runs and long winning runs, and even occasional instances where you have a loss over thousands of bets.
Because of this, I would only ever bet a small proportion of my betting bank an individual bet. And unless you've got a massive betting bank and the patience to accept that in some years you will probably make a loss, 30 points a year is nothing to get excited about.
Jeff
PS I'd be interested in any feedback anyone might have on my spreadsheet.
When you're betting on horses, long winning and losing runs are a statistical inevitability.
I programmed a spreadsheet a while back, which simulates win-only bets when you have a mathematical edge: File name: Simulator.xls File size: 8.92 MB
Try running it a few times by re-entering the maximum odds figure in cell L2. If you graph the results (using Insert>Chart), you will observe both long losing runs and long winning runs, and even occasional instances where you have a loss over thousands of bets.
Because of this, I would only ever bet a small proportion of my betting bank an individual bet. And unless you've got a massive betting bank and the patience to accept that in some years you will probably make a loss, 30 points a year is nothing to get excited about.
Jeff
PS I'd be interested in any feedback anyone might have on my spreadsheet.
Ninny wrote:Ferru it just shows how little you and others actually know about it, yet you spout off like you do. I am with them, for £20,000 and have a 20 point bank. So if they make me 1 point a month, that is £1000. 12 points a year is £12,000 return on a £20k bank.
Bad return???? Yeah right. The Newton fund has made a 40% profit the last two months alone. Do your research.
30 points a year would blow my mind, it means my £20k is now £50k but that won't happen.
And Peter Webb must like it as he is getting involved in the API course and doing a presentation or at least providing one to be shown so he must think they are ok.
And having been to the courses Centaur run for Betfair I can assure you the Centaur sales pitch is zero. They don't even mention any of their products once. Betfair simply hire the facility and the Centaur staff wear Betfair shirts and nobody would even know that Centaur were a part of the day.
So books and covers my friend. Don't judge too soon.
Ninny wrote:Ferru it just shows how little you and others actually know about it, yet you spout off like you do. I am with them, for £20,000 and have a 20 point bank. So if they make me 1 point a month, that is £1000. 12 points a year is £12,000 return on a £20k bank.
Bad return???? Yeah right. The Newton fund has made a 40% profit the last two months alone. Do your research.
30 points a year would blow my mind, it means my £20k is now £50k but that won't happen.
And Peter Webb must like it as he is getting involved in the API course and doing a presentation or at least providing one to be shown so he must think they are ok.
And having been to the courses Centaur run for Betfair I can assure you the Centaur sales pitch is zero. They don't even mention any of their products once. Betfair simply hire the facility and the Centaur staff wear Betfair shirts and nobody would even know that Centaur were a part of the day.
So books and covers my friend. Don't judge too soon.
Interesting first post 'Ninny'. Obvious question, but how do you know all about the course despite the fact the first one hasn't taken place yet?