To win a DoBetter.club member must pick one of two stocks which will outperform the other, in an agreed period. If the club member chooses the underperforming stock the loss will be 100% of the amount bet. Therefore, the winner’s skill of selection will result in a 90% profit, net of all costs and fees.
The suggested standard bet will be $200 and the bet periods 30, 90, or 180 days. The shorter the period, the greater will be the annualized return. The loss will always be 100% of the amount get, whichever is the betting period.
DoBetter.club members will deposit with the club the amount of the number of $200 betting units acquired, with winners receiving, at the conclusion of the betting period, a return of the amount bet, less a fee of 10% of their winnings, plus the amount bet by the losing member. The 10% of winnings fee will compensate the DoBetter.club for arranging that another member of the club take the bet as a counter-party. The role of the DoBetter.club will always be that of a broker, and no securities will be bought or sold.
Were a DoBetter.club member to bet $200, twice successively, in a 12-month period, winning each time, the annualized Internal Rate of Return (IRR) would be an outstanding 582%. Were the member to successfully bet a greater number of times in a year, the IRR could be phenomenal. Of course, the potential loss for any bet, in any period, would always be 100%.
The betting successively on the relative performance of two stocks could be a great use of a bettor’s analytical skills and knowledge. DoBetter.club members will be limited to betting on stock listed in the SP500 and on the SP500 index.
For more information, contact:
Arthur Lipper, Chairman arthurlipper@gmail.com
British Far East Holdings Ltd.
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