SportArb is a new investment program focused on the process of sports betting arbitrage and making tons of money from this. If you don’t know what this is and don’t care, it doesn’t really matter. But, you may be interested to know that the admin from this program had a similar one back in 2012 which ran for around 3 years. Yeah, that got you interested didn’t it?
For those unfamiliar with sports betting, the process of arbitrage is where simultaneous bets are placed on a particular event in such a way that guarantees a winning outcome for your wager. Basically you place a bet on a win, a loss, and a draw (if applicable), and you bet a certain amount based on the odds of each outcome. Sounds impossible, but if you know all the odds you can change your bets fast enough, you can actually do this. Compare this to bitcoin arbitrage trading where there are differences in prices across exchanges – simply buy at a low price on one exchange, and sell ASAP on another exchange for a higher price… similar idea – sounds easy hey?
Anyway, enough about what this program doesn’t do, and let’s look at what it actually does. Suffice to say the whole premise of SportArb is not betting on sports – it’s actually a HYIP which is a high-risk way to invest bitcoin. Although, it is run by an experienced admin who also ran the SportArbs program. Be careful as the old one is still online, so make sure you don’t invest there by mistake – best to use my link to be sure. If you are new to this form of investing I recommend you read my basics page for more info.
Unfortunately for new investors, SportArb is a little tricky to understand as it doesn’t have the usual % per day type plans. The good news is that they are all basically the same principal-return plans where you invest an amount and receive the profit in your account each day. Then at the end of the term, your principal is returned to your account and you can re-invest, or withdraw it and you are finished.
There are actually quite a few plans, but they are all similar just with different profit amounts and investment terms. The actual return varies each day, so your profit paid each day will also vary. For example, say the daily profit is 2% you will get a percentage of that based on the plan you choose. For the Beginner plan you get 60% which is 1.2%. For the Starter plan you get 65% which is 1.3%. Doesn’t sound like much, but it does mean the program will run for a long time.
The average daily percentage is around 2 to 2.5% so you can work out roughly what you will get from that. There is a calculator buried in the site somewhere, but it is pretty confusing. Just remember the basics:
- you invest an amount of bitcoin
- you get a varying profit each day
- your invested amount gets returned
To complicate things, for each plan you can also choose to compound your investment which means that part of your profit is added back to your initial investment amount and then you earn the daily interest on the new amount. So, each day the compounding makes your initial investment grow, but it also means you will have less to withdraw each day. Personally, I don’t compound in HYIPs because I prefer to withdraw as much as possible, but you can decide what’s best for you.
The minimum investment is $25, or the equivalent amount of bitcoin for the beginner plan. The starter plan requires from $500 to $999 so is more suited to the serious investor. I don’t recommend the higher plans unless you really know what you are doing and are prepared to accept the risk. The site accepts bitcoin as well as many other payment processors. Please note that withdrawals are manual, and the admin will only process two each day, and only on Monday-Friday. These boys like their time to watch the sports!
For SportArb I am offering 100% RCB if you use my referral link and invest bitcoin only. To claim your RCB, simply use the contact form or email after you have invested and send the following details:
- SportArb email address and affiliate id
- How much you invested and when (include blockchain txid please)
- A screenshot of your SportArb dashboard
- A bitcoin wallet address
NOTE: All RCBs will be paid periodically, as well as when the program stops paying. It is likely this program will run for a long time so I will process more RCBs as we go.