Description: Arbitrage is the process where you bet on all outcomes of a game. When two bookmakers have sufficiently different odds which allows you to bet on both teams to a point where whatever the
This asset will pool resources to reduce the small risk present in utilising Arbitrage systems as well as maximizing the larger bankroll pool.
Asset Details
60,000 shares @ 50NXT = 3,000,000 NXT
50,000 NXT Admin Costs
90,000 NXT Arb Software Subscriptions
80,000 NXT Mobile Internet Connection
2780000 NXT Bankroll, split between a number of bookmakers
Bookmakers are $AUD accounts, NXT is converted to $AUD
Dividends
Where profit has been made, dividend will be paid on the first day of each calendar month
Profit = Current Bankroll – Initial Bankroll (Excluding any bonus balances)
75% of Profit to Shareholders as dividend
20% of Profit to Asset Management
5% of Profit reinvested into Bankroll
Betting will commence once costs are covered
Dividends will commence once 50% of IPO completed |