Germany to win World Cup, according to Sports Trading Club with $20 million wager
6 Jun 2014
"It was determined by our analysts that Germany will win the country's fourth FIFA World Cup, becoming the first European nation to win the FIFA World Cup on South American soil," said STC analyst Brian Churchill.
"We are so confident about the prediction, we have traded $20 million that Germany will win," he said. "We have also laid Brazil not to win."
Industry sources said that the majority of the wager was most likely placed with http://www.betsports888.com, the private betting club for multi-millionaire clients, and UK based Betfair.
Earlier this year the Sports Trading Club enjoyed a multi-million dollar win predicting Serena Williams and Novac Djokovic would fail in the Australian Open Tennis. Two months ago the Sports Trading Club predicted Rafeal Nadal will not win the French Open tennis final.
"There are many factors that were considered in making these determinations, but unlike most of the world that will bet on nationalistic lines throughout the World Cup, we take a hard cold analytical approach, and that sets the Sports Trading Club apart and is why we have been so successful," Mr Churchill said.
The Sports Trading Club forecasts that it will earn some 680 million yuan ($110 million) this year.
The reasons for optimism includes spectacular success in Australia in 2013 where it enjoyed a 1,900 percent profit.
STC UK Communications Manager Patrick McMahon said the fundamental difference was that most on-line sports betting companies that make money do so by taking money from their clients. The Sports Trading Club takes a different approach and makes money for their clients.
The Sports Trading Club, (http://www.sportstradingclub.com) was predicted in December 2012 to be the rising star of 2013, and lived up to that confidence by becoming the top performer in any industry, with a eighteen-fold rise in return, meaning a $50,000 investment on the 1st January 2013 made a profit of over $900,000 one year later. A rise of over 1,900 per cent.
STC says that their success can also be attributed to the enjoyment and enthusiasm of its members and the experience of being a member of an exclusive club.
"They don't have to make the decision on what to trade, we do that but they are fully informed in advance of every trade we make, so they get the same level of excitement and enjoyment by watching the sporting event in real time," Mr McMahon said.
"The difference is they win and that is far more enjoyable than losing," he said.
The Sports Trading Club, which operates as a private investors group in England, allowed the general public to become members in Australia in 2013 and is now expanding throughout Asia.
Its success in 2013 has sent a clear message to investors that trading on sports and prediction markets is an emerging industry to rival traditional financial markets.
"Our move to Australia has proven to be astute. A person who invested $50,000 on January 1 of last has seen that grow to $958,000," Patrick McMahon said.
"We don't gamble, we trade, " he said. "At the Sports Trading Club we make money out of other people's mistakes. When one side gambles, and the other trades, it is like owning the casino, you make money even whilst you sleep."
"This is an exciting emerging market and growing at an unprecedented rate, making it the fastest growing sector of e-commerce in the world today," he said.
Bank of America and Merrill Lynch predict that by 2015 the on-line sports market will be worth over $512 billion a year.