Just been proposed this to invest in..

SOURCE: UK Angel Investment Network

TITLE: Internet Gambling Portal Franchise

SYNOPSIS:

An internet based franchise idea that with the correct funding will
return an average of £30kGBP per month. I am looking for investors that
will take a fixed return over a period of time. For example a 2 year
franchise, 92% ROI, 3 years 134% ROI

PROPOSAL SUMMARY:

Our product is an internet gambling franchise that uses the Betfair exchanges.

Simply put, Betfair is the worlds largest betting exchange. Its different to a traditional bookie as their customers bet against each other, not against betfair. A betting exchange means you can back a selection to happen like youd do at a traditional bookie, or you can take the opposing viewpoint and lay for your choice not to happen. Lay betting is basically like when you say to a mate Bet you cant score from that angle. So, with lay betting youre offering odds to other Betfair customers and saying what they think will happen, wont. Its the other half of the deal from a back bet. Remember, Betfair is an exchange, so for every back bet matched from one customer there is a lay bet matched for another.

Basically we aim to operate as a bookmaker without a licence, which the betfair exchanges allows you to do. Since 2007, we have spent around £75,000 researching and using ideas to find out what works and doesnt work on the UK betfair betting exchanges.

We now are settled on two strategies which involve the placing of backing and laying bets on the UK horse racing betfair exchanges to achieve a profit on all horses within one given race.

Please see the working proposal document for an exact breakdown of the two strategies we adopt as there isnt enough room within the pitch to explain it on here in full detail.

The two strategies are
1)Laying a horse in all UK races that are either 1 mile or less
2) Trading on the favourite in 25% of all UK races in order to achieve a profit

THE TEAM

There are going to be two people within the team who will share the workload 365 days a year. We have researched and tracked our theories with actual 18 months of paper results and now wish to go live.

PROFITS ACHIEVEABLE

Our results show that if we can achieve the correct level of investment tax free profits per month can be in excess on average of over £30k a month. With any type of gambling, profits can fluctuate from month to month, hence we have tracked results for over 18 months now to make sure our strategies work.

On average each UK horse market race has a turnover of between £400k to £1 million in matched bets. We are looking for £25k of this market share roughly 6.25%

WORKING CAPITAL AND ROI

We are looking for funding from investors to provide us with an increased working capital for which we will sign legal agreements for either 2, 3 or 5 years. Our aim is to get on board numerous small investors in order to build an increased working capital for us to achieve our aims.

All investors will take on a silent role.

As this idea is different to a normal business in the fact we dont actually have any assets, but in our view, we do have a suitable product/idea and in this present economic climate non traditional business ideas have to be looked at to generate profit.

In our view because of the nature of the product, in order to achieve the working capital, ROI have to be high in order to appeal to investors.

A 2 year agreement will give a 92% ROI, a 3 year ROI will give a 134% ROI and a 5 year agreement will give a ROI 200%.
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Attached is a more detailed working document with exactly what we do with actual proof of our results for the full calendar year of 2009 to hopefully dispel the old theory that the idea is too good to be true

CAPITAL NEEDED: £50,000

MINIMUM INVESTMENT: £1,000

AMOUNT INVESTED: £75,000

REGION: North West

INDUSTRY 1: Internet & eCommerce

INVESTOR ROLE: Any

BUSINESS STAGE: Finished Product

INVESTMENT REASON: Working Capital

POSTED: April 19, 2010