SportArb Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, SportArb has been getting a lot of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends trying to sell SportArb in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for SportArb.
I wanted to gather all the information about SportArb in my SportArb Review in order for you to make a decision about joining SportArb.
Is SportArb legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of SportArb.
Read on to find out what you need to know.
What The Heck Is SportArb?
On the official website for SportArb, it’s listed that the company was registered with the UK Companies House on August, 2016 under the name of Sport Arbitrage LTD.
There’s also an address listed for SportArb’s office location in Birmingham, and while this looks good on the surface, not all is as it seems.
The address that’s being used here is owned by a suite of many offices, and the same address that SportArb is using also belongs to 300+ other businesses — suggesting that the company isn’t physically based out of that address.
SportArb’s website lists four main executives that exist within the company — Ronald Wald, Sid Clive, Mitch Stew, and Andres Martin. These individuals have the titles of CEO, Senior IT Engineer, Customer Service, and Trader respectively, and Wald was also responsible for the registration of the SportArb site’s domain name last August.
Each of these people have LinkedIn profiles, but I found it to be quite interesting that the only job experience they have listed is that of their involvement with Sport Arbitrage LTD.
Furthermore, there’s no information on any of these individuals when you try to research them outside of the SportArb system.
This is something that I often come across when dealing with companies that exist in the MLM underbelly, and it’s never a good sign when looking at a potential business opportunity.
What Are The SportArb Products?
When it comes to products that SportArb has to offer, there’s unfortunately not a whole lot to see at all.
There are absolutely no goods or services that are being marketed or sold to retail customers, and this leaves affiliates with nothing more than the affiliate membership to sell to folks that may be interested in it.
Add all of this together and what do you get?
An MLM opportunity in which there’s a total lack of retail sales activity.
That is not a good thing to see.
What About The Compensation Plan For SportArb?
In order to make money as an affiliate for SportArb, you’ll need to invest bitcoin into the company in order to snag an ROI.
SportArb’s website advertised that the company is able to generate an ROI of 10% that’s paid on a weekly basis, and affiliates can get a daily ROI payout that carries on the amount they invest into the company.
There are six investment levels that you can choose from, and they work out as follows —
- Beginner level — Affiliates invest between $25 and $499 in order to get a daily ROI of 60% after funds are invested for 30 days
- Starter level — Affiliates invest between $500 and $999 in order to get a daily ROI of 65% after funds are invested for 45 days
- Basic level — Affiliates invest between $1000 and $2499 in order to get a daily ROI of 60% after funds are invested for 60 days
- Advanced level — Affiliates invest between $2500 and $4999 in order to get a daily ROI of 75% after funds are invested for 75 days
- Expert level — Affiliates invest between $5000 and $24,999 in order to get a daily ROI of 80% after funds are invested for 90 days
- Partner level — Affiliates invest between $25,000 and $100,000 in order to get a daily ROI of 90% after funds are invested for 120 days
Along with these direct ROI payments, affiliates can also earn on residual-based commissions.
These commissions are paid through a unilevel system, and SportArb pays down to four levels deep of recruitment.
What’s The Cost Of Joining SportArb?
Although the membership is initially free, you’re required to make an investment of at least $25 worth of bitcoin in order to start taking part in the compensation plan that SportArb is advertising.
Additionally, choosing to invest more and more bitcoin will increase your overall income potential within the company.
So, Is There A SportArb Scam Going On?
Have you been hearing rumours that SportArb is a scam?
After reading this review, you might still be asking yourself if it is really legit.
So – what is the truth? Is there really a SportArb scam going on?
If I am being perfectly honest, SportArb isn’t entirely a scam.
However, there are some things you need to watch out for.
This is how you will be successful in online marketing. See the image below for details.
Finally, My SportArb Review And Conclusion!
There’s nothing at all legitimate with the way that SportArb is constructed, and this is heavily reiterated with a bit of text that I found on the company’s official website.
The text reads as follows —
“In January 2017, SportArb platform was opened to public. Key traders were working since 2013. Administration was hired in the middle of 2016 to prepare to start accepting investments from individuals.
The platform opened an online portal at the beginning of 2017 after over 3 years of successful trading offline, and now we have started our next stage of expansion which is aimed to create a the long-term investment pool.”
Let me get this straight.
According to this information, SportArb has been creating a 10% weekly ROI for over 4 years. If this was true, the admin(s) behind the company would be a billionaire at this point.
And, if they were a billionaire, why would the be seeking investments from other individuals.
They wouldn’t be.
The only identifiable source of income that’s making its way into SportArb is affiliate investments, and with these being used to pay off existing ROIs that are owed to other members, SportArb turns into nothing more than a Ponzi scheme.
As with all Ponzi schemes that have come and gone before it, SportArb will only be around as long as people continue to join and dump money into the company.
Once this activity dies down, SportArb will be faced with a rather immediate collapse of all operations.
Most people who join the opportunity will end up losing out, and as such, you’ll probably want to avoid this one at all costs.
I really hope you have gained value from my SportArb Review.
I wanted to make sure you had all the information you needed, because most other SportArb reviews are just trying to sell you something.
If you really do decide to join SportArb, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!