The article about Betting Academy posted at the end of December resulted in a lot of feedback, which makes me think you could be interested in other bet trading systems. Actually, there is some relation between the two articles because Matt from Pro X Trading is the same Matt that was discussed in the Betting Academy post.
Enough chit-chat, let’s get into the details.
Pro X Trading is offering a system and club for professional sports trading (betting). The founder of the company is Matt Finnigan, a sports betting strategist.
The Trading Club is a paid service that’s going to accept only 100 members worldwide because it includes one on one mentoring on the Betfair Trading systems.
The cost to join the club is GBP 150 with ongoing GBP 50 each 4 weeks.
If you want to know more about the system, check here.
This club is not trading your money, but only giving advice, mentoring and picks. This requires more involvement from you, but removes the risk of the club owner to disappear with your money.
There is not much info about expected profits or past performance, but some of their members are said to be making up to 80% per trading cycle (4 weeks), so that could be quite hot.
What’s my take?
Well, I exchanged few mails with Matt and he seems to know his stuff. Sports trading is not very important part of my investing strategy, so I’ll probably miss the club. But if you feel interested and have some time to take the game seriously, you can go for it.
Just don’t forget sports trading is one of the riskiest investments you could make. So be careful and keep it small portion of your portfolio. On the other hand it can bring profits that are not achievable by anything else (well, except of crime I guess).
Hi all
Unfortunatley I joined this so called club last year. I found there to be little help other than matt (the owner) boasting to the fellow club members about how much he had made that day, despite the fact the advice I got led me to singnificant losses.
When I told Matt I wanted to leave he got very defensive and cancelled my remaining membership I had left despite not refunding me for this period. he regualy go’s away on holiday yet you are still charged the £50 for being a member but with no advice. Not that that is so bad because I was NEVER able to profit from any thing Matt advised.
Hope this helps your decision about “proxrading”