Performance

Our Betting Funds generate returns in excess of stock market and global hedge fund indices.

Racing season by season client net return: +44.81% (2014/15), +59.75 (2015/16), -45.54 (2016/17). This is the average net return across all betting funds, when distributions are reinvested.

Since inception (September 2015) betting fund client net return +35.89%.

The methodology employed is one that exploits the liquidity of pools and the quality of Hong Kong racing.

In a Quinella bet there are an amplified number of outcomes across the pool and the funds weight our investment against a global market provided by the totalisator pool operator. Simply, instead of taking bets we are having bets, making a book which reflects profit on the value outcomes against risking poor value outcomes.

A review of season 2016/17 poor performance has revealed our investment model was distorted by the J.Moreira effect way beyond expectations. Betting markets were so influenced by his success that our model qualified extra horses to bet because of their “value price”. In the case of horses ridden by Zac Purton, his support was strong enough to nullify any value advantage created by the Moreira effect.

The statistics are stunning and unprecedented : J.Moreira – 171 wins/104 seconds and Z.Purton – 107 wins/92 seconds. D.White dominated the rider’s premiership for 13 straight seasons from 2001 scoring a century once in 2006 (114 wins).

What is the Moreira effect? Moreira ridden horses which would be normally priced 3.00 (33%) can run at 2.25 (45%). This 12% differential is transferred to other runners in the pari-mutuel pool except for Purton’s rides. Often this means that horses assessed 12.00-17.00 (7%) run at 21.00 – 31.00 (4%).

Our model accordingly qualified 6-9th ranked horses as value as they became double the assessed odds. Bets on these extra horses proved counterproductive.

In a 10.5 month season, we expect that we may lose two or three months during the trading programme as adverse cycles fall upon us. Our funds have been designed to minimise such cycles by employing short trading periods per betting fund.

We look forward to the new season 2017/18 beginning 3 September 2017.

Note: Our service may not be suitable for everyone and can result in losses, so please ensure that you fully understand the risks involved. 

*the net return figure (is net of fees) and is calculated on the basis that distributions are reinvested. The calculation above is an average based on participation in all betting funds across a given season.

Express Your Interest