Read through some of our frequently asked questions. If your question is unanswered, please ask your own.
Q. What payment options do you accept?
A. We accept various forms of payment. The most common form of payment used is our traditional bank transfer option. We also offer paypal & digital currency payment (crypto currency).
Q. How and when do you take a share of the profits? Is this monthly, on each bet placed or when the money is withdrawn?
A. We share profits at the end of each month. Sometimes slightly early. Depending on how the month has performed. For example, if we're in profit but only slightly, we may stop early to ensure profit for the month. Payments are processed and paid before the 10th of each month. Depending on how much is going out, you’ll normally get paid within 1/2 days.
Q. Is your organisation regulated in any way? If so who and which regulator?
A. We’re not regulated in any way. There's no one to take it up with if you lose money.
Q. How do I know this is genuine?
We understand the scepticism around sports betting syndicates due to the overall reputation of the industry. This is why we have generated proof of work through 3rd party platforms to provide added confidence for new & existing investors. See options for full details on 3rd party verification.
Q. What are the tax implications of this?
A. We have been advised that gambling in a syndicate, even if professionally for large amounts of money, is not viewed as a trade and not subject to tax. This is in both the HMRC's own business income manual, and is the advice given to me by a QC specialising in tax law.
Q. Assuming everything goes well is it a simple process to increase my investment?
A. You may increase your investment at any time. Just drop your account manager an email when you're looking to add additional funds. Funds will then be added with-in 48 hours.
Q. Is there any risk?
A. All betting and trading comes with risk. However, using our percentage staking plan, you will NEVER run out of money and you’ll always be in the game.
Q. What option should I choose?
Over the long term, Chronos would be classed as the best option. However, you might want to spread your investment out across multiple options. If you're unsure what option to invest in, we can manage your fund allocation on your behalf.
Q. What banking options do I have?
At present, when you invest, you'll have two banking options available to choose from. These include traditional banking payment options as well as our new crypto currency payment option.
Q. Do I have control of my money?
You have complete control of your account. You may add or withdraw funds at any time. Simply get in touch with your account manager and make a request.
Q. What's the maximum I can invest?
Traditional banking methods such as bank transfers, carry a limit of £10,000 investment per day. Crypto currency banking options carry a limit of £144,000 per day. Minimum investment for each option is £1,000.