---
title: "Nevada Sports Investment Group"
url: https://wagertraders.com/nsig
description: "Published terms and dated figures of record for Nevada Sports Investment Group under Nevada Senate Bill 443."
---

# Nevada Sports Investment Group

Entity record

Fund has stopped accepting new investors

Figures as of 8/26/16

NSIG was the first entity to place a wager under the statute, on March 31, 2016. The fund was led by Kenneth E. Murphy Jr. and was covered repeatedly in the sporting press, including a Sports Illustrated article and an ESPN Radio interview.

The fund described itself as data driven, selecting positions using computer modelling and statistical analysis. A minimum investment of 25,000 was required to join, but the fund carried no lock-up period, so a position could be withdrawn at will. Its published cadence averaged around sixty plays a month, which placed it at the more active end of the vetted group.

The record page as published named the fund as closed to new investors, and the valuation line above is the last one it stated.

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

*NSIG terms of record*

| Minimum investment | 25,000 |
|---|---|
| Investor share | 70% |
| Management fee | 30% on earnings, high watermark |
| Fee assessed | Quarterly above previous high |
| Statements | Monthly |
| Lock-up period | None |
| Audit | Independent, yearly |

Transcribed from the entity's own published overview.

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