What is sports investment ?
Sports investment (betting) is largely viewed now as an alternative investment to traditional methods and asset such as the stock market and property (real estate). With both of these suffering severe volatility over the last number of years, people have started to look on sports trading as a viable investment avenue or to simply supplement their own primary income because sports betting isn't tied to the markets- people are always betting on sports.
Sport Investment for us can be said to be primarily the act of trading/betting on series of sporting events and spreading out the risk of this investments and only wagering on matches where we feel we have a competitive advantage over the bookmaker.
In sports investment, profit creation is instantaneous. If you invest in shares, commodities or property, a majority of the time you will have to wait a prolonged period of time before seeing profit/loss, if any at all. In trading or betting, our opportunities to profit are many on a daily basis.
How does Token.ng make money ?
Token.ng makes money when you make money with us. We get a commision of 10% on the profit of your investments and we deduct this without you noticing. We do not get any commission when there is a loss.
How much can I invest ?
You can invest a mimimum of ₦5,000 (five thousand naira) and a maximum of ₦1,000,000 (one million naira) at a time on Token.ng. If you want to invest more than ₦1,000,000 (one million naira), you will have to add funds in batches.
How long before I can withdraw ?
Member can withdraw funds from his/her account after 30 days of making initial investment as long as the withdrawal page is available and the withdrawn funds does not exceed member's curent account balance (current investment + profit).
When is fund withdrawal unavailable ?
Fund withdrawal or the withdrawal page will be unavailable if :
- The sporting events Token.ng invested in are currently active and therefore the investment results have not been ascertained.
- The profit/loss for the events/period has not been added by Token.ng to members dashboards .
- The withdrawn funds exceeds member's current account balance (current investment + profit).
Is Token.ng a registered company ?
Token.ng is a property of Token Technologies Limited which is a private limited liability company registered under the cooperate affairs commission (CAC) of Nigeria with RC No: 1448092.
How much profit can I make monthly ?
Profits/Losses are calculated daily for a monthly average and members can always monitor this on their dashboards. Our current average daily return on investments from our current model is approximately 1.2% over the last five months of (August, September, October, November and December).
Is it possible to loose all my money ?
It is possible to make a loss on your investments in a particular period of time let's say a month, but it is higly unlikely that such loss(es) can result in our members losing all their invested funds. We are acutely aware of the risks involved in sports investments and we try as much as possible to hedge our investments in most trades, manage our bankroll prudently and also exploit arbitrage opportunities thereby reducing our risk and exposure.
How is my profit calculated ?
Members Profits/Losses are calculated in percentage relative to the investment of each member. For instance if the total investment of all members on Token.ng is ₦1,000,000 and a particular member account balance (investment + profit) is ₦100,000 which is 10% of the total investments and in a particular period of time let's say a month; Token.ng makes a profit of ₦200,000, that member's profit will be 10% of ₦200,000 which is ₦20,000 for that particular period of time.
Please note that members losses are calculated in same format.
Which sporting events do we invest in ?
We invest majorly in Tennis and Football events in major leagues and competitions: English Premier League and Championship, Spanish La Liga and Copa Del Rey, German Bundesliga and DFB Pokal, Italian Seria A and Coppa Italia, French Ligue 1, Uefa Champions League and Uefa Europa League, Grand Slam Tennis Events e.t.c
How do we choose sporting events ?
By crunching sporting data, we analyse the pricing of odds to identify profitable events, low-risk events and undervalued bets- arbitrage and hedging opportunities among others-just as an investment firm would do to pick stocks. We combine a modified Kelly criterion with Markowitz portfolio management principles to minimize risks and preserve the best possible return for our investors and also use premium softwares that compares worldwide available odds with our predictions to detect value bets and forecast event probabilities using big data, mathematical models and machine learning algorithms.
Is there a bias in the distribution of profits among members ?
The percentage profit return on investment is the same for all members and as explained above, is determined by the account balance (current investment + profit) of each member.
How do I monitor my investments ?
Members can monitor their investments directly from their dashboards which provides a real-time updates on their investments including the amount of profits in naira and percentage profit on their investment.
How do I fund my account ?
Members can fund their accounts through various means including: Bank Deposit, Online Payment with ATM cards and bank details, Mobile and Internet Transfer through your bank application.