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| Here is how our managed account scheme works |
Step 1
Choose the level of your initial trading bank. The options are shown on the Centaur Managed Account application form.
Step 2
Complete the Centaur Managed Account application form and return it together with your cheques in respect of your initial trading bank/subscription.
Step 3
We send you a confirmation letter accepting and confirming your instructions, plus a receipt in respect of your payments.
Step 4
Acting in accordance with our daily instructions, our agents are responsible for the placing of all Centaur trades on behalf of Centaur Managed Account holders. All trades will be advised by email/text to Centaur Managed Account holders prior to the match taking place.
Step 5
Winnings/losses are calculated daily and you will receive a monthly statement detailing all transactions on your account. In order to help offset the additional Centaur Managed Account administration costs we charge a 5% commission on the profit element of winning trades. This is in line with the 5% Betting Exchange commission deducted from the winnings of those trading for themselves. If you have chosen the income option a cheque for any end-month net balance in excess of your initial trading bank will be sent with your statement. |
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Let us do all the work for you...
Centaur has a diverse client base including professional sportsmen, senior medical professionals and investors from many different countries.
Not all of them are in a position to access our daily betting advice consistently.
We have therefore developed, over a period of years a successful managed account facility where we bet on clients behalf.
If you would like to join Centaur but do not have the time to manage your own betting bank - don't worry we can do everything for you!
Centaur Managed Accounts are available for the following services:
Service |
Minimum Bank |
Maximum Bank
per single subscription |
|
£ |
£ |
| Racing |
50 x 50 = 2500 |
50 x 100 = 5000 |
| In The Pink |
15 x 100 = 1500 |
15 x 200 = 3000 |
| Bismark |
20 x 100 = 2000 |
20 x 300 = 6000 |
| Golf |
100 x 50 = 5000 |
100 x 100 = 10000 |
Settlement of Trades
For the avoidance of doubt, all Centaur Managed Account trades are settled on the basis of the traded prices.
The performance of managed accounts for the Bismark and Maxnet products is identical to published website performance. However performance for Racing and In The Pink Managed Accounts can vary due to the special market conditions that exist in the Racing Market.
Security of Your Funds
Your funds are held in the segregated Centaur Company Client Account at Barclays Bank, Barclays Bank,
Bondate Within,
Alnwick,
Northumberland
NE66 1TF. Monies held in this account remain at all times the property of our clients and save in accordance with your written instructions will neither be used in any other way by Centaur, nor form any part of the assets of the Group.
Anti-Money Laundering Legislation
It is the policy of Centaur Global Ltd to ensure that the Company, its management and its employees are committed to complying with all legislation and appropriate guidelines designed to combat money laundering.
To this end we are required to carry out a number of checks on prospective (and current) clients prior to the receipt of funds. We will require the following information from you and you should have this to hand when enquiring about opening an account:
1. Title
2. First and middle (if applicable) name
3. Gender
4. Date of Birth
5. Current address and postcode
6. Previous address and postcode if you have lived in the current address for less than 3 years
7. Driving Licence information
8. Passport details
9. Electricity supply information
Please do not send any funds to us until we have carried out the required checks and have confirmed that it is in order for the transfer to take place.
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Andrew Cork
Centaur/Maxnet
Finance Director
"We have made Centaur/Maxnet Managed Accounts a totally safe, accountable and responsive option for clients who do not have the time to trade/bet for themselves." |
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