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Is this a scam ?

Discussion in 'Online Casinos' started by 5ta, Feb 2, 2016.

    Feb 2, 2016
  1. 5ta

    5ta Experienced Member

    Occupation:
    DTP'er
    Location:
    West Midlands
    Sorry to post this here as I wasn't sure where it should go, however it is slightly relevant in online betting and I thought you guys may be interested or know of this.... but on FB just now, was an advert for some stocks and shares crap (my opinion) and the top comment on it was exactly this :
    The link albeit shortened like that by facebook, points to the root site you can see. I am sure it's a complete rip off.. but it offers some way of earning money by signing up for gambling bonuses, cashing out and running away with the proceeds to then do it repeatedly on other sites and it's "not slowing down" according to one testimony on the site.

    Please rest assured I have put this here for you to tell me if it's a scam.. even though I feel sure it is.
     
    Last edited by a moderator: Feb 3, 2016
  2. Feb 2, 2016
  3. dionysus

    dionysus can turn wine into water CAG MM

    Occupation:
    n/a
    Location:
    I'm a Canucklehead
    Dep and dash is a good way to get bonus banned.
    And of course, there's zero guarantee of winning when betting.
    If it looks too good..it is
     
    1 person likes this.
  4. Feb 3, 2016
  5. PaaskeDenmark

    PaaskeDenmark Always think positive CAG PABnoaccred webmeister

    Occupation:
    Clerk with shipping discounts worldwide
    Location:
    UnKnown
    It is not really a Scam. It is possible to make money doing it the way they show you. BUT if you try check those testimonals on their affiliate site then almost all website has been taken down.

    The clever way though these people make lot of money is people signing up then paying them monthly for this service. And also they work as affiliate so if a player then signs up to let us say 5 bookmakers through their link. Then they are sure to earn money on that as well.

    I can tell you short about how this works. It is not unique by this site might as well learn yourself and do it for free. It would only work well for someone who has not got a bookmaker account everywhere.

    Sign up at a couple to start with like bet365. Use their bonus and also have an account with a sportsbook exchange like Betfair (ps do not recommend them as they are rogue) But it works by staking on result and then using cover at the sports exchange.

    Basically its bonus grinding and you can make small profit. Of course the more money you can afford putting in the more you get out of it.

    I myself unfortunately have account with just about every single bookie or else I would have started this.

    BUT I would not recommend anyone signing up through a site like that because you are basically giving them money as well and who says they wont shut down their clever business from one day to the other.

    I don't really wanna get into more details than this. Than for anyone to avoid places that promises sure profits etc. You will have loses as well and will not just make profit after profit. Anything involving money is a risk end of the day :thumbsup:
     
    2 people like this.
  6. Feb 3, 2016
  7. weesie

    weesie Ueber Meister

    Occupation:
    retired
    Location:
    Old bag lady with a laptop
    """""".. but it offers some way of earning money by signing up for gambling bonuses, cashing out and running away with the proceeds to then do it repeatedly on other sites and it's "not slowing down" according to one testimony on the site."""""

    Sounds like the "bonus hunting" of 17-18 years ago, when they were truly free and

    no documentation was required to cash out, on their money no less.

    That was how I got started with on-line gambling.

    I was playing at pogo.com....... still do................ anyway, some of their adverts

    were on-line casinos. I had one for English Harbour Casino for a free $20.

    Back when they were Microgaming and, alas USA players WERE allowed.

    I had a blast on that $20 they gave me............ played for a whole weekend...

    Thought, they will not REALLY send me this money.... $935.00.....

    But, they did!

    And so started my decent into the world of on-line casino!!

    AND........... I still love it!
     
  8. Feb 3, 2016
  9. dionysus

    dionysus can turn wine into water CAG MM

    Occupation:
    n/a
    Location:
    I'm a Canucklehead
    BTW, noone is so magnanimous to share their winning secret...successes are off on their yachts not flogging their wares. (hint: the sign up now)
    PS, since it looks there's aff tab, I've reported it, Bryan can opt to leave the link
     
  10. Feb 3, 2016
  11. PaaskeDenmark

    PaaskeDenmark Always think positive CAG PABnoaccred webmeister

    Occupation:
    Clerk with shipping discounts worldwide
    Location:
    UnKnown
    You don't get bonus banned as you are spreading bets over several bookies and a sports exchange like betfair. And that sports exchange is basically used as your cover betting services while grinding the bonuses. But you don't stop there as all the bookies gives out special offers. Again when they give that like Bet365 gives very often a up to £50 free bet for champions league etc. Then again here you spread bet and make cover bets with the sports exchange.

    So this way you are sure to land profit :cool:

    Here is bit from wikipedia to explain my post ;)

    The concept of matched betting requires an account with any bookmaker that offers a free bet with favourable conditions, and an account at a betting exchange, which is required as the venue with which to place a bet for the opposite result of the bet placed with the bookmaker in order to offset a potential loss made at the bookmaker.[2] More advanced versions involve placing the bets on multiple bookmakers (dutching) to avoid the exchange price of using an exchange.
     
  12. Feb 3, 2016
  13. PaaskeDenmark

    PaaskeDenmark Always think positive CAG PABnoaccred webmeister

    Occupation:
    Clerk with shipping discounts worldwide
    Location:
    UnKnown
    It is not a secret lol. It is all over the internet if you are into sportsbetting. Only difference is they actually show in details how to do it. And they earn good bucks on it as well. In one way yeah its dirty doing it that way. I am not sure if our OP has his hands inside some of these guys though. Seen lot go around facebook as well :D


    Matched betting (also known as back or lay bet matching, or double betting) is a betting technique used by individuals to profit from the free bets and incentives offered by bookmakers. It is generally considered risk-free as it is based on the application of a mathematical equation rather than chance.[1] A typical return for a matched bet where the stake is returned is 85%+ of the free bet offer amount, and 70%+ where the stake is not returned.

    Our good friend Wikipedia here for anyone interested in learning the free way :) You must register/login in order to see the link.
     
    Last edited: Feb 3, 2016
  14. Feb 3, 2016
  15. dionysus

    dionysus can turn wine into water CAG MM

    Occupation:
    n/a
    Location:
    I'm a Canucklehead
    Well, I'm happy to defer to those more versed in bookmakers and the like.
    But it beggars the question...if no risk, and a sure thing, every member isn't on it and enjoying their profits in one old, years long, large thread why?
     
  16. Feb 3, 2016
  17. 5ta

    5ta Experienced Member

    Occupation:
    DTP'er
    Location:
    West Midlands
    Rest assured it isn't the affiliate link. I copied the reduced text to make the exact seen quote. That link won't essentially work because it contains /.../idevaffiliate.php... in it. I knew it didn't but I still checked it hadn't carried the physical html of the original link.

    I have only posted that link so you guys can see exactly what I am talking about.
     
    1 person likes this.
  18. Feb 3, 2016
  19. PaaskeDenmark

    PaaskeDenmark Always think positive CAG PABnoaccred webmeister

    Occupation:
    Clerk with shipping discounts worldwide
    Location:
    UnKnown
    I guess because we all have a life and are also many or most of gamblers and enjoy slotting. :D

    If you did not touch slots and other things then yeah surely this match betting would be a sure profit every month. But as I stated you need bigger bankroll to get bigger money as investment capital startup. And you would need to stick with it and be very strict and not do other gambling. But most of us may have a full time job or do lot of other things. Like myself I rarely do sports betting anymore as I end up on the slots anyways hehe.

    You can say in one way if we all did not gamble then there would be no losers either :)

    I might later this year start a blog or thread and we can try see how it goes. Or might try it out first on my own forum website and if tests turns out well then bring it on here so everyone or anyone interested can get something out of it.

    Already made a system where you pick 2 or 3 teams in premier league only betting on draws. And I can already say that that it made profit and has shown that going back last 3 seasons. Did I then keep it up and used a real bankroll? No only if only if hehe. GRRRRRR.

    I don't wanna do promoting for people like the OP is linking to. But there are ways to make profit and live only doing sports-betting. There are many examples on people doing that. Mainly in horse racing.
     
    1 person likes this.
  20. Feb 3, 2016
  21. bebo67

    bebo67 Meister Member MM PABnonaccred

    Occupation:
    Im on Google and write. Thats all you need to know
    Location:
    Ontario Canada
    My bank is nosy, otherwise......:)
     
  22. Feb 3, 2016
  23. jasonuk

    jasonuk Experienced Member

    Location:
    UK
    Just to add to what PaaskeDKnowUK has said...

    Matched betting relies on a book offering value - either by an unintended out-of-line price, an intended boost, free bets or other bonuses. Predictably bookies don't like people that exploit that - and eventually will look to either bonus ban, apply aggressive stake restrictions or close the account outright. With the advent of sites like PA they are even more alert to the fact, and it's not uncommon to hear of thousands of accounts being restricted in one go.

    If you've done any sports betting of late you'll have heard of matched betting, PA or one of the other numerous forums out there (some paid, some free). The "benefit" of a site like PA is that they spoon-feed you opportunities (for a monthly fee and a ton of affiliate commission), however the bookies aren't stupid and they're watching for such activity so they can quickly limit the accounts in question. If you've seen a term similar to the following ...

    ... that is aimed squarely at the matched betting community and sites like PA.

    It certainly isn't "risk free", but some people have made decent money out of it in the past. For balance, some of the risks include - boosts and free bets not being honoured, funds being confiscated (T&Cs violation, sites going bust and so on), and the main exchanges all have potential drawbacks:
    • Paddy Power Betfair have exhibited rogue-like behaviour in the past - and as of this week is now connected to Paddy Power
    • SMarkets has frequent technical issues and outages causing bets not to be matched correctly
    • Matchbook has some bizarre formula for how much you'll pay when you withdraw
    • Betdaq is part of Ladbrokes

    Additionally, once the bookies have restricted you, it's pretty much game over anyway.


    As an aside, pogo.com - been a few years since I've heard that name! I didn't realise they were still going...
     
    1 person likes this.
  24. Feb 3, 2016
  25. JackTenOff

    JackTenOff Webmaster webmeister

    Occupation:
    nananananana
    Location:
    uk
    I doubt they earn anything from the affiliate side. No program will pay for players who only signup to claim a bonus and revshare earnings will be minus.
    These bonus hunting players cost sportsbooks money (apart from the exchanges) so there's no way they will be paying out affiliates too.
     

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