What would you do if you unexpectedly came into a large sum of money? Great Aunt Ethel dies leaving you £100,000, for example. Or you sell your house in order to rent for a couple of years and you need to find somewhere to put the money?
A sensible first step is to put the maximum allowance (currently £3000 per person per year) into a mini-cash ISA to avoid paying tax on the interest. Beyond this, many people would probably look no further than a savings account. Boring.
A very interesting risk-free and tax-free investment opportunity is available to you if you are prepared to spend an hour or two each day on managing it. Recently, as smart money investors have pulled funds out of the property market there has been a global hunt for new ways to make their money work. A small group of savvy operators have found a way to take advantage of the largest growing industry on the internet - gaming. With the use of new software, they are able to scan prices globally in seconds and uncover risk-free betting opportunities providing guaranteed returns of as much as 12% per month.
Former City trader Rajeev Shah, author of ‘Sports-Arbitrage – How to Place Riskless Bets and Create Tax-Free Investments’ explains: ‘An arbitrage occurs when different bookmakers’ prices on the same events overlap. In these cases, it is possible to bet on all of the outcomes in that event in such a way as to be guaranteed a total return which is greater than the total outlay. The mathematics of this type of trade are precise & the resultant profits are free of all risk. This type of trading has become possible only because the internet provides a platform for transparent price discovery. Using state-of-the-art software called ArbAlarm, investors who have made money in property, but are now wary of the risks of a falling market, are now changing their strategy towards this new and unique method of investment’
In addition, the UK government recently announced through the UK Treasury that the profits made from sports arbitrage trading will continue to remain free of all tax. With no income tax nor capital gains tax to pay on profits, sports arbitrage is by far the most interesting investment strategy seen in some time.
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