I toyed with doing something like this a few years ago but never took it any further. It was always going to need the backing of a financial group to get it off the ground. Regulated sports betting fund unveiled Investors seeking uncorrelated, “economy-proof” returns are being offered a new asset class – trading on sports betting exchanges. The Galileo Fund, which will be launched this week by London-based Centaur Corporate, claims to be the world’s first regulated such vehicle. It will trade in sports such as football, racing and tennis on Betfair and other online exchanges that facilitate so-called in-running betting, hosting markets on events already in progress. Good luck to them, I'd much prefer to invest my money in a fund like that, than one susceptible to major crashes in the economy. ADDENDUM But are they the right company to launch such a fund? I believe this is the same firm that dabbles in teaching people to trade. Having done that for a few years with Betfair, that'