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Home » Reviews » Negative Reviews » SportArb Review – Arbitrage Recruiting Scam?

SportArb Review – Arbitrage Recruiting Scam?

March 13, 2017 //  by John

sportarb-reviewWouldn’t it be nice if this thing wasn’t a scam and you actually made money?

This SportArb review will give you all the information you need to make a wiser decision before you jump into something that you might end up regretting.

Investing your money is by no means new to the internet marketing world, but that doesn’t mean this typical system is legit or not.

I have had my experience with these sports arbitrage software programs and it still leaves a bad taste in my mouth.

This is a bit different, but I think you need to know exactly what it is that you are getting yourself into before you even take their free opportunity to start promoting this thing.

Let me help you with the information in this review so that you can make a wiser decision on something that might just be too good to be true.

SportArb Review


Name: SportArb

Website: www.sportarb.com

Owners: Andres Martin and Ronald Wald

Business Type: HYIP (high-yield investment program)

Price: $25 to get started

Overall Rating: 1/5 stars

About SportArb


SportArb hasn’t actually been around for that long as the website was just started in January of this year.

However, the actual company was launched back in August of 2016, while they operate from 205 Kings Road, Birmingham, United Kingdom.

They created this typical platform so they could expand their business and allow investors from across the world to gain the benefits of SportArb through the internet.

Most UK based scams are trading based or HYIPs, but even at that, I still have to give this the benefit of a doubt.

Basic Overview


Basically, it is a trading and betting platform.

But what makes this one different from all the rest is that they keep everything in one place, and one place only, while they keep only 9-10% of all profits.

Then the rest go to the investors.

Furthermore, they are more focused towards investing in one category only – which is sports arbitrage trading.

What does this mean?

That they do not reinvest their money and they don’t hold money in other pools either.

What Do They Promise?


Most trading platforms are very difficult to use, especially for newbies, making it almost impossible to make money off of.

However, the owners of SportArb have created a system that uses the differences in the price (odds) to make instant profits.

Which is why “arbers” can get ahead of the game by using their system alone.

Their main focus for trading is actually on sports, just so you know.

So they highlight that you don’t even need to have an interest in sports either, just a little bit of knowledge.

If you have some knowledge about your favorite sports, then you’re able to make instant money online.

So they say.

What Caught My Eye Was The Compensation Plan


You know how trading platforms work and you should already know newbies can’t make a dime using them.

The compensation plan might be a better option for you, so I want to talk more about that, and since I am by no means new to Multi Level Marketing structures.

Affiliates can join SportArb and market their affiliate program, which is the very same reason you see people promoting this like crazy.

I remembe when I gave into my first arbitrage gambling program and how I thought I found the solution to quitting my job and making more money.

Of course I didn’t make any more money and also the same reason why this won’t work.

How does it work and what are the benefits?

Well they claim that their affiliates are making thousands every month JUST from marketing the affiliate program and of course that’s really easy to accomplish.

Standard Member

Standard members are your average affiliates who don’t give a damn about what the system is about, they are just their to make money by promoting it.

  • Being on the first level (which is what you’re already on) gives you 7% increased earnings for when you win on your trades. You get this increase just from joining the affiliate program
  • The 2nd level in your downline gets you 3% of what they earn through using this system
  • Level 3 = 1% extra earnings
  • Level 4 = 1% extra earnings

Representative Member

This is for you if you know a lot about SportArb and how it works.

Being a representative member means you earn more than a standard member.

  • While you’re on level 1, you get 12% extra earnings on your winnings when you trade
  • Level 2 = 5% extra earnings
  • Level 3 = 3% extra earnings
  • Level 4 = 1% extra earnings

Being a representative means you are FULLY COMMITTED to the business, you live and breath it.

You duties as a representative include:

  • Email support
  • Phone Support
  • Arranging conferences
  • Advertising on Facebook and Twitter
  • Being up to date with all SportArb news and updates

You are basically joining the SportArb team and helping THEM further THEIR business.

They currently have a cap of 100 members and the inactive representatives will be removed accordingly.

Furthermore, you will be tested frequently with RANDOM phone calls from SportArb Major Representatives that will ask you questions about the business.

They make sure you know everything about the company – as you’ll be playing an important role after all – furthering the program’s overall development.

Do They Bring Anything New To The Table?


They have a few new concepts, like being a representative.

I’m not talking about the representative title alone, but how they go about doing things.

This means it is basically your JOB and you will answer to them, and do as they say when they want you to do it.

Well that’s the vibe that I got while reading the description.

Why I don’t like this concept

You’re basically helping THEM grow their OWN business since you’ll be marketing the hell out of their system for hours every day.

All those hours could be going into your own online business, not somebody else’s, but I’ll get into that more towards the end of this review.

The Price


It is free to join SportArb, but there are other paid options that offer some perks.

As a standard member you can ONLY market the affiliate program, so if you want to invest money or become a representative, you’ll have to pay a one-time payment of $25.

Totally new to the sports arbitrage world, but whatever.

That alone is already a red flag.

Pros and Cons


Pros

  • It’s free to sign up and check out, so you can see if you want to invest your money into the system or not

Cons

  • They’ve been described as a ponzi scheme by many users
  • The owners can’t be trusted
  • It’s fairly new so there’s massive hype, so when that dies down so does recruitment and money earned
  • No focus on what the product can actually do
  • Doesn’t accept Paypal

*Paypal does not do business with any ponzi schem-ish type of programs, so that is why you don’t see them as one of the accepted payment processors.

I mean, who doesn’t accept Paypal?

A scam perhaps?

So is SportArb A Scam?


The entire system is a ponzi scheme, you can clearly see in their FAQs section that they aren’t native English speakers, while they tell blatant lies throughout the whole page as well.

You’re taking a MASSIVE risk if you decide to invest your money into this system, so don’t say I didn’t warn you.

As with all of these types of ponzi schemes, when recruitment dries up, they won’t be meeting their ROI obligations, and that’s when they’ll be losing money along with everyone else.

Don’t be surprised if they run off with everyone’s investments when that happens.

Conclusion


You see, the main goal here is to sell Sportsarb and everyone forgets about the actual product.

Don’t you think that if you can make tons of money using this “system” that you wouldn’t need to promote it like some kind of Amway salesman?

Tell someone that you found this crazy arbitrage software and how people are making money and if they join under your link, you get a commission for referring them to the company.

This my friend is what people like us from the online world would call affiliate marketing and something that I find to be absolutely amazing.

If of course you’re promoting something legit or flat out just selling other people’s products on sites like Amazon and Ebay rather than some software that you know nothing about.

That’s not the case here and I am against this type of stuff.

Obviously the product will do exactly the same thing that all these other sports arbitrage products have done for me.

Take my money.

What I Really Think


If betting on sports and winning more than you lose was that easy, I think everyone will be doing it.

Using this software or any software like it is simply nothing but a gamble.

There are thousands of products like this and they are all the same, so don’t think that you’ve found some solution to your financial problems because you didn’t.

The only ones winning here are the owners.

I love the whole affiliate marketing business model and I do believe that everyone should at least give it a try as long as they’re using it to promote something legit or even just products that people are already using.

So if you’re looking for a legitimate way to make money online, I recommend you try a program called the Wealthy Affiliate, which is exactly where I learned how to make money online.

Rather than learning how to sell them to make money, learn how to sell things that people actually need.

Other than that, DO NOT give into the SportsArb scam.

Thanks for reading my review and hopefully I have saved you from not only wasting a little money, but most especially you’re valuable time.

Good luck and I wish you nothing but the best!

 

– John

A Work at Home Jobs

 

Category: Negative Reviews, Reviews

About John

Hey everyone, I'm John and I am the owner of this site. I have fallen for many scams, played the recruiting game, and lost thousands of dollars before finding something that actually works. With this site, I hope to save you time and money as there are too many gurus that care about nothing more than filling their pockets with YOUR hard earned money.

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Comments

  1. illusion

    April 27, 2017 at 4:24 pm

    I place withdraw on 23 April, Still didn’t got my amount. Also they block live chat option on known IP. Only open live chat for those people who didn’t invest yet.

    Reply

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