LONDON, UNITED KINGDOM -- (Marketwired) -- The Sports Trading Club has announced a 19.5% profit for the month of April, continuing its meteoric rise and fast becoming the darling of the small investor.
With the belief that trading on sport and prediction markets is more reliable and more transparent than trading on traditional financial markets, the Sports Trading Club has investors everywhere scrambling to join.
"Investors are wary of the shock and share scenario you experience with the stock market," said STC Communications Manager Richard Bishop.
"The Chinese philosopher Confucius said, 'Choose a job you love, and you will never have to work a day in your life'," Mr Bishop said.
"The success of the Sports Trading Club in its first four months in Australia has caught the imagination of investors who have taken the age-old advice of Confucius and are living the dream by making money whilst watching sport on television," he said.
The Sports Trading Club, which operates as a private investors group in England, recently allowed the general public to become associate members in Australia.
The Sports Trading Club reported a 305% profit for the first quarter of 2013. Its profit for March increased by 123.9 % from the previous month, with 61.6% of all trades being winning trades.
"Our results are far higher than projected," said Mr Bishop.
"We make money out of other people's mistakes for which we don't apologise. When others gamble and we trade, it is a one sided game that gives us an advantage every time that you don't find in traditional financial markets."
"It is an emerging industry that is experiencing a boom greater than mining, one that is more transparent than the share market, more reliable than speculating on gold and foreign currencies, and is now the most profitable form of e-commerce in the world today," Mr Bishop said.
The Sports Trading Club is planning on expanding throughout Asia and is in negotiations with joint venture partners in several markets including South Korea, Vietnam, Japan and China.