{"id":16641,"date":"2010-07-09T06:29:47","date_gmt":"2010-07-09T10:29:47","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=16641"},"modified":"2010-07-09T06:29:47","modified_gmt":"2010-07-09T10:29:47","slug":"london-hedge-fund-turns-profits-betting-on-sports-in-the-uk","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2010\/london-hedge-fund-turns-profits-betting-on-sports-in-the-uk.html","title":{"rendered":"London Hedge Fund Turns Profits Betting on Sports in the UK"},"content":{"rendered":"<p>Gambling News &#8211; A  startup hedge fund based in London has turned a novel idea into a  profit machine. Rather than pouring investments into traditional  markets, the group has decided to use its investor\u2019s funds to bet on sports in the UK. This bold  move has, so far, been serving them very well.<\/p>\n<p>The reasoning is  simple: sports results are easier (and more fun) to predict than the  stock market. So far, the Galileo Managed Sports Fund, which started up  back in April, has recruited 20 investors, each contributing $125,000 or  more. This money is used to make thousands of sports bets every week,  presumably though online sportsbooks in the UK.<\/p>\n<p><a href=\"http:\/\/gamingzion.com\/gamblingnews\/london-hedge-fund-turns-profits-betting-on-sports-in-the-uk-1462\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gambling News &#8211; A startup hedge fund based in London has turned a novel idea into a profit machine. Rather than pouring investments into traditional markets, the group has decided to use its investor\u2019s funds to bet on sports in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16641","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=16641"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16641\/revisions"}],"predecessor-version":[{"id":16643,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16641\/revisions\/16643"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=16641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=16641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=16641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}