Tag Archives: balanced pairs trading

AWS

Breaking news (29/09/15)!:
Two arrested over AWS scam

Anderson Wilson Stuart ?
or
Advanced Wealth Systems ??

I think Anderson Wilson Stuart is the new morph of AWS ( Advanced Wealth Systems). Certainly their brochures are identical apart from the name on the header. Also Andrew Stuart was the registrar of the advancedwealthsystems.com.au website, which is now closed (to new clients) even though Anderson Wilson Stuart are newly open for business.

They are selling the same over-priced arbitrage software/system named ‘Market Neutral’ strategy.

To be fair, arbitrage does work. It is possible to find bookmaker odds that can result in a no-lose situation on sporting (or other) events. However, it is not totally foolproof. Odds can change before you have both sides of the bet on. Sometimes the odds change before you get any bets on. You also need a large bank as you will have funds moving around various bookmakers and online banks. You need a lot of liquid funds.

One problem I have with AWS is that they charge way too much for their arb finding software. I think you are better off saving a large part of that fee to use as your bank and get a much cheaper or pay by the month arb finding service or software. See the Betting Tools page for ideas.

The other problem I have with AWS is their obtuseness. Why don’t¬† they say straight out what it is rather than make out it is something only they know about. Why did they have to change their name??

I suggest you research arbitrage betting and save your money for your arbitrage bank.

There is other discussion about Advanced Wealth Systems at:

Whirlpool Forums

and Aussie Stock Forums

they may also have been called Alpha Wealth Systems