R P S B
Relative Performance
Stock Betting
The following are a few examples of the type of bets relating to securities that wagering members of the DoBetter.club might place or counter-place through the arranging organization:
A brokerage Firm recommends purchasing X stock and believes that it will outperform the SP500 by 100% by the end of 180 Days. The bet is for $200.
An investment advisor believes that a stock he is recommending will outperform the SP500 by 150 in next 90 days. The bet is for $200.
The underwriter of shares in a SP500 listed company believes the stock will outperform the SP500 by 100% in the next 30 days. The bet is for $200.
An individual has reason to believe that something good is going to happen to X company and wishes to bet that the shares of X company will increase more than Apple, Amazon, Alphabet or Facebook in next 90 days. The bet for each is $200.
An individual has reason to believe that something bad is going to happen to X company and wishes to bet that the SP500 will do better than shares of X company in the next 30 days. The bet is for $200. The individual could also bet that the SP500 would outperform the shares of X company by 150% in the next 180 days. The bet would be for $200.
It’s the function of the intermediary organization which acts as a broker for the members of the DoBetter.club to locate and arrange counterparties necessary for the initiating club members to consummate their proposed betting transactions. The organization’s fee is 10% of the winner’s winnings.
Members can buy as many standard betting units of $200 as the organization can arrange with counterparties. The money backing the bet must be deposited in the club member’s account before the bet can be transacted. At no time are any securities bought or sold by the organization nor will the arranging organization be a counterparty.
Arthur Lipper, Chairman arthurlipper@gmai.com
British Far East Holdings Ltd.
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