The Mark Read team operate Multi-Player wagering funds throughout the Hong Kong racing season.

Objective

The objective of the multi-player wagering fund is to generate positive returns for members by betting on Hong Kong horse racing. A conservative, selective strategy is employed to emphasize low volatility.

Our target net return is 24+% to members this coming season by maintenance of, or incrementally increasing, margins and turnover ratios of the past six funds conducted over the last 2 seasons. There will be 2 trading sessions conducted this coming season – September 1 2020 to February end 2021 and March 1 2021 to July 2021 end of season.

Where is the fund money staked and reported?

All betting is transacted through licenced betting companies. Members can view stakes placed with ‘live’ access to the Fund’s trade and resulting after each traded event. Trade summaries and betting statements are also distributed after each race meeting.

Minimum buy-in

The minimum buy-in is AU$25,000 (HK$150,000) or currency equivalent per wagering fund. There is no minimum for additional investments.

Minimum duration

Members may play the minimum of one trading session.

Suggested time horizon

One or more racing seasons to maximise full potential.

Income distribution

At the completion of each trading session, client balances (buy-in balance plus net profits) are settled to member accounts in full. At that time members may wish to be paid all or part of their account balance. Established members are given first option to participate in the following trade session.