The Fixed Odds Trader Service from Vince Stanzione

A couple of people have recently asked about Vince Stanzione's Fixed Odds Trader service.

It's not cheap at £99 per month but, if the literature is to be believed, Vince can make you a 571% return in a few weeks with his tipster service..

To advertise the service, Vince sent out invitation cards which read:

"Here's your personal invitation to join the most exciting and profitable trading service in the UK.

Brought to you by Millionaire trader, Vince Stanzione.

Discover how you could make 571% return within the next few weeks..."

The card then gave a special URL and code to use.

It certainly sounds good but like most tipsters, there are drawbacks.

The major drawback with betting on financial markets at BetOnMarkets are the prices of the bets.

Often Vince recommends betting £2,000+ to win just £1,000 i.e. you bet £2,000 and if it wins you get back £3,000.

However, if it loses you lose the entire £2,000.

Obviously, to profit when the bets are priced so highly you need *at least* a 67% strike rate.

Here's an example of the bets that Vince issues to members:

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Bet recommended by Vince on 03/11/05:

Win GBP3000 if, at the close of trading on 8-NOV-05, FTSE Index is lower than 5400 (BEAR CONTRACT)

Trade price was GBP2083.4 (=69% of payout). Payout is GBP3000 (=1.43 times trade price)

Result: Bet Lost. FTSE 100 closes at 5,460.90 on the 8th November resulting in a massive loss of £2083.40.

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Of course, Vince will have winning trades, the above is just an example.

There is more on the site:

http://www.BizOppsUK.com/fixed_odds_trader.php

More about BetOnMarkets can be found at:

www.FinancialSpreadTrading.co.uk/betonmarkets/ or
http://www.BeatBetOnMarkets.com