Entity wagering desk — figures as of the dates shownFigures as of the dates shownFirms table|News log
WAGERTRADERSEntity Wagering Questions Answered
NSIG33,456.91on a 25,000 positionas of 8/26/16
Contrarian-3.58%year to dateas of 2016
Bettor Inv.84-56-4wins-losses-pushesJune 2016
Entity record

Contrarian Investments

Bi-annual lock-up, cash-outs at fixed dates

Figures as of 2016

Led by Chris Connelly, a documented handicapper on pregame.com with a large following before the statute passed. Contrarian Investments was founded on March 17, 2016 and placed its first position on April 19, 2016.

The fund was data driven, selecting positions using computer modelling and statistical analysis. A minimum investment of 1,500 was required. Unlike the rest of the vetted group it operated a genuine lock-up: cash-outs could be requested only at two fixed points in the year. Its published cadence was the most conservative of the group at around three plays a month, but each position was sized at some five and a half per cent of the fund's net worth.

The year-to-date figure above is the last one the fund stated on this desk. Earlier coverage in the news log records the same fund considerably higher during 2016, and the two together are the reason every number here carries its date.

The entity published its own site at contrarianinvestments.net and its registration could be looked up through the Nevada Secretary of State entity search. Both are recorded here as sources only.

Contrarian terms of record
Minimum investment1,500
One-time fees50 deposit fee
Investor share80%
Management fee20% on earnings, high watermark
Fee assessedBi-annually above previous high
Lock-up periodBi-annual term
Cash-out datesRequested for June and January

Transcribed from the entity's own published overview.

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