SportArb Scam Review
We came across this SportArb Scam multiple times lately. This is why we made this SportArb scam review!
- Status: Paying
- Risk: Very High!
As we always try to tell our readers…. to make sure you are joining a trustworthy company it is important to do a lot of research before joining. In our review we will provide you with information about the company, their products and what we think of this program.
Actually, we have listed SportArb within our High Risk and Scam section because it looks like they are a Ponzi scheme. As soon as new members stop coming in they will most likely shut down or stop paying. If you want to take a look at our recommended online programs, then you can find those by clicking this link: http://www.networkmarketeer.com/category/recommended/
SportArb Scam Review – The Owners
We found out that the SportArb company was first incorporated in 08-2016 and is a company based in the UK.
After doing a WHOIS-check we found out that the adress of SportArb belongs to over 300 other businesses.
The SportArb domain was purchased in August 2016 by Ronald Wald. The team behind Sportarb is: Ronald Wald (CEO), Sid Clive (Senior IT Engineer), Mitch Stew (Customer service) and Andres Martin (Trader)
After digging a little bit deeper we could not find any information regarding any of the admins.
All in all, it is a sports trading program that promises ROI’s on the investments you make.
SportArb Scam Review – The Products
The program does not offer any products or services, the only service that you can promote is the actual affiliate membership/but gives affiliates the ability to promote the actual affiliate membership.
SportArb Scam Review – Compensation Plan
SportArb and their compensation plan gives you the opportunity to invest bitcoin for a fixed ROI.
They state on their website that you can get up to 10% weekly!
They can pay up to 90% of the daily ROI depending on how much you actually invest:
- Beginner ($25 to $499) – 60% of daily ROI rate paid out, funds are invested for 30 days
- Starter ($500 to $999) – 65% of daily ROI rate paid out, funds are invested for 45 days
- Basic ($1000 to $2499) – 70% of daily ROI rate paid out, funds are invested for 60 days
- Advanced ($2500 to $4999) – 75% of daily ROI rate paid out, funds are invested for 75 days
- Expert ($5000 to $24,499) – 80% of daily ROI rate paid out, funds are invested for 90 days
- Partner ($25,000 to $100,000) – 90% of daily ROI rate paid out, funds are invested for 120 days
SportArb Scam Review – Referral Commission
Sportarb uses a Unilevel compensation plan.
If you are not familiar with a unilevel structure, this is how it works:
- Level 1: Personally enrolled members
- Second level: Level 1’s personally enrolled members
- Third 3: Level 2’s personally enrolled members
Overall, SportArb pays you up to 4 level deep and commissions are paid on a percentage of the invested funds:
- Level 1 (Recruited by you) – 7%
- Second level – 3%
- Third and fourth level– 1%
Once you sponsor people who invest a lot of money, you can apply to become a “Representative” which will increase your commission percentage:
- 12% on level 1 (recruited by you)
- 5% on level 2
- 2% on level 3 and
- 1% on level 4
SportArb Scam Review – Minimal Investment
The actual affiliate membership in SportArb is actually free, but if you want to be part of the ROI opportunity you have to invest at least $25 USD in bitcoin. The only difference between the investments is the potential ROI.
We Do Not Recommend This Program!
SportArb Scam Review – Conclusion
Before investing your well earned money in to a HYIP program, you have to know HOW the money is being invested and how the ROI’s are generated.
SportArb has no evidence or transparency when it comes to their ROI earnings.
We do not know how these profits are being generated, so we are pretty sure there is none.
This is a big red flag to us, how do we know if this isn’t some ponzi scheme?
So what now?
We receive over 20 emails on a daily base from our subscribers, where you are asking us for a legitimate investment opportunity.
This is why we have 2 blogs where we monitor Revshares and HYIP with a lot of potential and long term sustainability. We are updating these blogs every month (or when necessary) to minimize your risks!
Revshare monitor:Best Revshares 2017
HYIP Monitor:Best HYIP 2017
I believe this should give you a nice overview about SportArb
Feel free to share your thoughts, questions or testimonial below!