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A betting Club allows participants to
pool resources or information and ideas with friends, colleagues
and associates, in a Club operated by a Club Manager.
Clients are
reminded that fixed-odds financial
betting is not a form of investment and
that client funds, held in a personal betting
account or investment club account, are
thus held for the purposes of personal
or collective participation
in financial betting and not for
the purposes of investment. Furthermore
monies applied by account holders are not
invested in any securities, futures,
currencies, derivatives or other
investments, on behalf of those account
holders. |
