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Making Money With Free Paid Survey Websites and Other Online Activities, For Free

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paid-survey-sites For a few months I have been chatting to a lady about her exploits with paid surveys, and other little ways of making money from online websites that don’t cost a penny to join.

Claire makes around £12,000 per year (sometimes more) from paid survey websites, and a variety of other websites that pay you to complete simple tasks. From our chats I think my readers will be very interested in the content, especially if you are looking to make a few quid from the internet that does not involve gambling, or anything like that.

No, seriously, Claire has taught me, and shown me that there is a widening band of people in the UK that use these survey sites, and other little sites as their sole source of income, and £12K a year is definitely not to be sniffed at.

These type of figures always catch my attention, as running Money Makers Reviewed, I am constantly asked in emails about products and services other than the usual matched betting, internet marketing, and trading products, as they are not everyone’s cup of tea.

How Much Can You Make With Paid Surveys?

As above, Claire herself makes around £12,000 a year consistently, but through our chats I have learned that very many people are making similar sums of money, all from home, and they actually love doing it :-)

I have also done a fair bit of research on this myself, because when I first looked at it a few years ago, it was mainly USA websites that were offering the services, and offers, but now, there are loads of UK sites following suit, and latching on to the potential for companies to use homeworkers to complete a series of simple tasks for payment.

In my research I have visited forums, and websites just to get a feel for the industry, and to find out if people are genuinely making money this way, and I have been shocked at what I found.

Not shocked that people have been doing it, but the sheer amount of people making a few quid this way, and it is like some kind of secret alliance to keep people out :-)

People Who Use Paid Survey Websites?

  • Students.
  • Stay-at-home mums.
  • Stay-at-home-dads.
  • Retirees.
  • Part-time workers.
  • Unemployed.
  • Literally anybody looking to increase their income.

Seriously, the people who complete all these online tasks for payment really want to keep it to themselves, because the less people that know about it, the more money they can make themselves, which kind of makes sense, but as you know my website is about spreading the love, or well, money in this case.

Also, Claire is a family friend, and knew the type of website I run, she was happy to let me into this ‘hidden world’ of paid survey websites, and other little websites that are paying their users a fair amount of dosh.

UK-paid-online-surveys

Why The Secrecy With Paid Survey Websites?

Well, when you think about it logically, nobody really wants to give away their income sources, because it is these very sources that are putting food on the table, and as I keep saying in most of my reviews, making money is not a group participation sport.

Therefore it makes sense that if you have discovered what is putting food on your table, like genuine paid surveys websites, and other websites that pay you, that you are going to be a little protective.

What I have found though, is a few little forums where there are a few people who share their findings, although this was surprising to me, I later found out that this was mainly because these same people who using affiliate links in their ‘help’, hoping to catch newbies searching for similar.

…The sneaky little muffins :-)

All this paid survey lark has definitely opened my eyes though, because although not new, it is growing – massively, and more, and more people are becoming involved in the benefits, and incentives that certain survey sites provide for their loyal homeworkers.

Let me hand you over to Claire, for a quick insight into what she does with these survey sites, etc:

I have been using these survey sites for about 8 years now, and kind of fell into it after my children were born. I did start with a few websites from overseas to test them but found they were not as good at paying out so now I stick to UK sites only, and do reasonably well from it.

My first year I made around £2000 which was great, because I could fit it all in around the school runs, washing, and sorting the kids out after school. I have made as much as £16,000 in a year a few years back, and last year I did a little over £13,000.

It is definitely worth it, and although it will never make me rich it has helped me so, so much over the years.

I advise it to anybody who has some spare time on their hands during the day, or in the evening, and it is very nice when you get a payout, as it means you can afford the little luxuries without having to leave the house, which I cannot do.

There are a lot of these websites out there, and I have a solid list of which ones I use, and it could very well help you out, and it is guaranteed money for literally minutes sometimes.

 

Claire has also handed me a list of websites, and some details about each one, and the ones she uses which I will show you a little later on.

But as you can see, Claire is just one of a number of people who are quietly squirreling away profits from such paid survey websites, and although she was a little reluctant to talk to me about it at first, when she opened up I could get her to stop, because she is also very proud that she has found this hidden earner, and is very passionate about it.

And why wouldn’t she be? It means she can be a mum to her kids, as carry out all her mummy jobs, as well as being able to treat the family with the work she does – and it is work, make no mistake, there are daily activities she carries out which means she gets paid for her efforts, so there is kind of job satisfaction as well.

paid-survey-website-people

 

Some Advice With Paid Surveys

Claire has given me a few pointers for you guys, should you decide to go ahead and try your hand at making this easy money:

Always use a different email address:

The reason for this, is because if you use your personal email address, then this can become cluttered with all the offers you are going to receive.

It is advised that you generate a brand new email address so that you can also separate your survey emails from everything else.

There is nothing worse than using an email address that you value, and have had for years being inundated with emails about work, and offers, so if you value your email address – create a new one just for all your online work offers that are sure to be pouring in once you start.

There are many free email accounts you can create, like AOL, Gmail, etc. both of which are venues where you can create a quick account that gives you access to a free email account.

You should NEVER need to pay to join a survey website:

This is crucial because as the internet is growing, there are more and more spurious websites out there that are only too willing to take your hard earned money for what should essentially be a free service.

The companies who run the survey business are handsomely rewarded for their participation from all the retailers, and businesses that offer such surveys, and if you see a website that is trying to take a payment from you, then simply click it off, as it could be a scam.

Because this is a ‘work from home’ type of situation, then you can guarantee that there will be many websites trying to push your emotional buttons with comments like:

“Pay £x today to gain access to all these websites looking to pay you” – Avoid This Nonsense.

 

These are the type of companies that want their cake and eat it, too. Because not only will they be receiving money from their participants, but they will be generating revenue from the companies has well.

survey-scam-alert

Avoid all subscription Paid Survey Websites.

Join as many websites as you can, to enhance your offers:

This one is common sense really, because the more survey websites you join, the more chance you will have of continuous offers coming your way.

Some survey websites will offer surveys based on the profile of your account details, so if that particular company does not have any offers for you that day, then you are widening your net for other offers, from other companies by joining as many as possible.

Claire stated that she has a solid core list of around 12 survey websites that provide her with work on a continuous basis, but she also said she has accounts on around 25 other websites, so if the offers are slow to come in from some, there will always be others to top up her payments for that day.

Be brutally honest when you fill out the application forms:

This is important, because you will receive offers based on the information you give on the sign up application form, and honesty is key here because you will want offers that you will find easier, and if you insert hobbies and interests that are real, then this will pay dividends with your time.

If you start making hobbies, and interest up in an attempt to receive as many offers of work as possible, then you are likely to be found out, and this will ultimately lead to few offers in the future.

Remember, that these are professional survey websites, and they have software which will probably scan what you are writing, which probably has an algorithm combined, so if you start trying to ‘wing it’, then this will affect your future earnings.

Act quickly and always check emails:

If you want to get picked for the best, and most profitable surveys/tasks for that day, then make sure that you check as often as you can. Many of the survey companies will have set quotas on the amount of surveys they need completing, so in many instances it will be first come, first served.

This is obvious when you think about it. For a particular product there will only be a certain amount of surveys any company needs, so ensure that you act fast, as a single survey paying £15 would obviously be better for your time, than completing 3 separate surveys at £5 each.

How Much Do You Make Per Survey?

I will let Claire answer this one, as I have her on Skype as I am writing this :-) :

I have made as much as £25 per survey, but this is not the norm, but taking offers for surveys paying around £15 is not that unusual, although they are usually less, £5-£7 and less.

It all depends on the time it takes. These companies know what you are prepared to do, so my advice also is to take all of them, and then you will get flagged on your profile as reliable, and will then receive more offers from all the companies. Once you get to that stage, you will quickly find that you are full with work.

You don’t need to take all the work, because this is flexible, and you can do as you please, but to start with I would advise that you take as many as you can, and get your accounts with the survey companies know as being a solid contact. It really is up to you. I must say though that I do this full time, and I am also know to certain retailers who contact me directly, so I probably do make more than most.

A few times a year I also do some secret shopping for some of the retailers I am on the books of, which I can do as my children are at school then, and it usually only takes a few hours, and then I am back home filling out the questionnaire.

This is another aspect of being known by these companies directly, it enhances your earning potential, and it is definitely worth making yourself available for additional tasks, like I do.

I have friends who do this also, and they are happy making £25 a week and spending the rest of their time wit the family, as that is enough for them, but I go for making quite a bit more, and the beauty of it, is that the work is there if you want it.

As with anything though if you make yourself available, then you will get known for doing so, so much that I have had direct emails from some of the companies asking for me personally, now that is great, and it is all because I wanted to earn, and get on.

I have friends who work in jobs who make less money than I do, and they have all that traveling to do, which I don’t. I love it

 

Thanks Claire.

So there you have it from from the lady herself.

Now Claire did state that because she is willing to do more, then this increases what she can earn, and said that a lot of people who do paid survey websites will not make as much as she does, but they still do very well out of it.

When I talked to Claire previously she did mention about the secret shopper part of her tasks, as she stated above, and that she was only able to get into that due to how good she was at the surveys, and others tasks, and that now she has retailers contacting her directly with all these other little jobs.

It just shows you that once you get the ball rolling on anything really, that doors can open up to you!

How Is Payment Made For Survey Completion?

Payments can be made in a variety of ways for your completed surveys, including:

  • PayPal (most common)
  • Cheque
  • Gift Vouchers
  • Direct Bank Transfer

Here is one of Claire’s Payments which was paid into her PayPal account:

claires-website-survey-paym

Genuine Paid UK Survey Website list:

OK, getting down into the details of genuine UK websites that are well known not only for their quality of reviews, and tasks they give, but are also well known for regular payments, and running as smoothly as possible.

There is an old online saying, that ‘the money is in the list, and in this situation, it is most definitely true.

These are the very websites that are working for Claire (a friend of my family, who makes her living doing this), as well as the websites talked about on the hidden forums that is frequented by all these UK homeworkers who make their money from taking surveys, and other quick online tasks.

These are the websites that Claire uses, and that are recommended:

Prolific Academic Review Survey Website

prolificacademic-reviews

Prolific Academy is a UK based survey company that provide paid surveys from a number of academic institutes from around the world. Because the studies have an academic background they are varied and look at a number of subjects however you will have to check your eligibility for some of them.

  • Get paid for taking surveys
  • Generally, takes less than an hour per day
  • Cash out at £5 with Paypal fees or wait till £20 and cash out without them
  • Work with some of the largest and most well respected Academic Institutes in the world
  • Sign up with a .ac email address or Facebook

Click here to sign up for Prolific Academy

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Global Test Market Review Survey Site

globaltestmarket-surveys

Global Test Market is a huge survey company based in America. Instead of earning income directly, users instead earn points for taking surveys. They are on a variety of topic and you will have to be eligible to take some of them. As well as taking surveys you can also earn points for referring new users.  Points can be used for prize draws or you can save up and spend your points on gift cards, various high value items or alternatively you can get cash paid directly via Paypal.

  • Huge company with a massive user base
  • Plenty of surveys that you can take
  • Earn points for referring new users
  • Point based system means that you can cash out for a variety of items whilst prize draws mean just a few points can potentially net you a big prize.
  • Open to anybody
  • You need 1000 market points before you can cash them out

Click here to sign up for Global Test Market

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YouGov UK Survey Review Website

yougov-uk-surveys

YouGov are a Global survey website that is arguably the largest in the world with the results of their surveys often appearing cited in newspapers around the world. There aren’t as many surveys as some websites and pay outs are only 50p to 75p for them but they are generally short and engaging. There are a lot of political surveys but this isn’t the only topic covered. YouGov also offer free prize draw surveys that you can enter.

  • Probably the biggest survey website in the world
  • Very genuine and no problems getting paid
  • Interesting and engaging questions that are used by a lot of different sources
  • Prize draw surveys

Click here to sign up for YouGov

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ClixSense Survey Review Website

clixsense-surveys-reviews

Clixsense is a website that offers users the chance to make money by carrying out a number of different micro tasks. These can range from searching online looking at a website to watching video adverts and even listening to the radio. There is also a pretty generous affiliate scheme in place. The majority of tasks that Clixsense offers aren’t particularly high paying and are simply pennies however our research points out point out that the little compensation that you get does start to rack up quickly. As you become more advanced you may receive more opportunities and higher pay for carrying out the tasks. There is also a premium option which allows you more chances to make money for $17 per tear.

  • Paid via Paypal
  • You can cash out after earning just $8
  • Multiple income opportunities
  • Excellent affiliate program which allows you to make money through a downline

Click here to sign up for Clixsense

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WhatUsersDo Survey Review Website Testing

what-users-do-surveys

What Users Do is a website that invites users to look at other people’s websites and get paid for doing so. You will usually be asked to go to a certain part of the website or to navigate it in a certain way. As you search the site a piece of screen recording software will watch what you do whilst another piece of software will record your spoken thoughts through your microphone. You will also generally be asked for your ideas on how the website could be improved or made more effective. The tests themselves aren’t generally difficult and can be completed in around 10 minutes. Payments are made on the 25th of each month automatically via Paypal.

  • Get paid as much as £15 for looking at a website
  • Carrying out tasks usually takes just 8-10 minutes of your time
  • Automatic Payment
  • Can be used on iPhone and iPad

Click here to sign up for What Users Do

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Survey Network Surveys Review

Survey Network is a large scale company that offer surveys in the UK as well as USA, Russia and even Lithuania and Latvia. Unlike a lot of survey websites, Survey Network send out an email containing their daily surveys which lists the survey opportunities that are open to you. These surveys are from a variety of other companies with some surveys being duplicated with other service providers. Survey Network also send out additional surveys throughout the day. Pay outs are handled via Paypal with up to a 3 day window for this to arrive.

  • Surveys are emailed directly to users
  • Daily Surveys may also be listed with other survey websites
  • Get paid directly via Paypal
  • Ability to cash out at regular intervals
  • Earn up to £10 per survey

Click here to sign up for Survey Network

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MintVine Surveys Review

MintVine is a US based website that rewards users for taking surveys. These mostly come from market research companies who want your opinion on products. MintVine has a large user base with millions of people taking their surveys daily. As well as surveys, there are also daily polls and product offers as well. There isn’t any limit on the number of surveys that you can take. Surveys are paid out in points upon completion and once you have a set amount, you can trade them for cash through Paypal. There is also an affiliate scheme where you can get 15% of the points earned by anyone who registers through your affiliate link.

  • Finds surveys for you based off your details
  • Affiliate scheme is a good way of earning additional , passive income
  • Plenty of opportunities to earn points through none survey methods
  • Easy cash out at 1000 points which can be turned into cash via Paypal or Amazon Giftcards

Click here to sign up for MintVine

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Valued Opinions Surveys Review

Valued Opinions is a UK based site that rewards users for taking part in market research surveys. You can expect to be asked your opinion on a wide variety of different topics ranging from films to fashion to food. Surveys will generally earn you around 50p to £2 however Our research indicates that there are also special projects in place where you can earn much more than this. Unlike most survey based sites, Valued Opinions only let you trade out for gift cards however there are plenty of these to choose from.

  • Plenty of surveys available for those who keep their profile up to date
  • Interesting one off opportunities such as focus groups which can pay
  • Surveys can take a while to credit once completed

Click here to sign up for Valued Opinions

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My Survey Review

My Survey is an international survey website that focuses on providing market research surveys for large companies. They have been around for a long time and in 2014 paid out over £20 million to its members. As well as standard surveys, My Survey also provides occasional diaries where you have to record information on a day by day basis. You earn points for completing surveys which can then be exchanged for vouchers for a variety of stores or alternatively, they can be cashed out through Paypal.

  • Earn anywhere from 50-250 points for each survey completed
  • Cash out from just £3
  • Participate in sweepstakes

Click here to sign up for My Survey

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New Vista Live Surveys Review

New Vista Live is a survey based website that provides cash payment in exchange for taking surveys. Each survey is worth points with the number of points that you get being dependent on how long the survey is. Once you have accumulated enough points, they are then exchanged for a £50 cash value which is automatically sent via cheque. The surveys aren’t too difficult however you generally have to answer a few test questions first.

  • Cash out for a cheque
  • Payment process is automated
  • Monthly prize draw if you try to do a survey but were unable to complete it

Click here to sign up for New Vista Live

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Populus Live Surveys Review

Populus Live is the online research community of Populus, a research and strategy consultancy. A lot of surveys from Popululs Live are timed which means that it is in your best interests to respond to survey invites as soon as you can. For every 5 minutes that a survey should take you to complete… , you will get £1 in payment. Once you have banked £50 in rewards, a cheque is automatically sent out to you. If you find that you are ineligible for a survey you get entered into a monthly prize draw.

  • Automated payment process
  • Monthly prize draw when you are ineligible for a survey
  • Cash out for a cheque

Click here to sign up for Populus Live

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MarketForce Mystery Shopping Surveys Review

MarketForce Mystery Shopping is an online based company that allow everyday users to become mystery shoppers. You can specify how far you are willing to travel and depending on where you live, you may find as many as 4 or 5 per week. With MarketForce Mystery Shopping you will visit a number of different shops as well as bakeries, restaurants and fast food places. Mainly you will be making purchases for which you are reimbursed with compensation and occasionally you get to keep the items you have bought. You then have to fill in a questionnaire about your experience within 24 hours of the purchase.

  • Make around £5 – £10 on average as well as reimbursing you the product
  • Get paid to shop
  • Visit a variety of retail outlets and potentially new places
  • Be prepared for a reasonably lengthy application process which tests your writing skills

Click here to sign up for MarketForce Mystery Shopping

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Top Cashback Surveys Review

Top Cashback is a cashback website where you get money back for buying products online. They cover a number of websites including Amazon, eBay and Tesco. The reality is that there are hundreds of retailers that you can get cash back through selling a number of different types of product. When you purchase an item you will receive an amount as “cash back” which are available in the shape of gift cards, Paypal, BACS and even Tesco Clubcard Points. The company are by far and away one of the most popular in this field and that have been operating for some time, for example in 2013 alone they paid out over £25 million to users. The only real downside with Top Cashback is that sometimes it can take a long time before payments hit your bank account.

  • Different ways of getting paid
  • Earn money for buying items that you would anyway
  • Can be used through a massive variety of websites
  • Some offers take a while to come through

Click here to sign up for Top Cashback

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Qmee Surveys Review

Qmee is a simple addition to your browser that allows you to make money by clicking on their promoted search results. The Qmee window pops up as a side bar on your internet browser which lists related products. These will appear when you are searching Google, Amazon and eBay as well as other sites. The ads don’t pay a fortune and in the main you will only get 5-10p per click. They also don’t appear every day and for every search term. In fact, Qmee can sometimes go weeks without giving you a potential ad. The costs do slowly add up however and you can cash out anything over £1 which goes directly into your Paypal account. You can also earn small commissions referring new users.

  • Low pay out rate
  • Easy to use and naturally integrates into your everyday internet use
  • Payments are made almost instantly
  • Cash out from just £1

Click here to sign up for Qmee

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Vox Pop Me Surveys Review

Vox Pop Me is an iOS and Android application that rewards users for sharing their opinions on a number of different topics. Unlike most web based companies that offer a similar service, Vox Pop Me has you record your answers in video format. You may sometimes have to carry out a brief task before recording such as answering a few questions or watching a short advert. All videos must be approved before payment and you can cash out one you have a £10 balance. A lot of the time you will be commenting on brands that you are already familiar with. The amount that you get varies from day to day but most campaigns pay our at least 15p.

  • Earn money “on the go” as everything is done on your smartphone
  • Fun and unique way of making money
  • Can take a while to get to the minimum deposit

Click here to download Vox Pop Me on iOS

Click here to download Vox Pop Me on Android

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Spare 5 Surveys Review

Spare 5 is an iOS app that allows you to make money by carrying out certain tasks on your mobile phone. One of the most common tasks is image categorisation however you may also be asked to rate media, review it and even carrying out some surveys with businesses. Payment for Spare 5 is generally pretty low on an individual basis (around 3-4 cents per job) however it is possible to really blast through the work and you can soon be making quite a lot of money.

  • Individual jobs are low paid however they can take seconds to do
  • Despite all prices being in USD, you can cash out via Paypal
  • Work can be sporadic and the majority seems to be available on US Times

Click here to download Spare 5 on iOS

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Superpoints (Reward Shopping) Surveys Review

Superpoints (now known as Reward Shopping) is a predominantly US based website that invites users to do a wide variety of things in order to earn points that can be traded in for items. These range from simply clicking their “Super Lucky Button” which randomly assigns points to users to filling in surveys or taking advantage of special offers. As well as collecting points with Superpoints, you have to “level up” your account in order to get better prizes. For example, at Reward Tier 1 you can get a low value Amazon gift card whilst at Reward Tier 19 you can get a Lamborghini and at Reward Tier 21 you can trade in 4.5 billion points for a £2 million country estate. There are also points to be earned for referring others.

  • Varied rewards however no cash option
  • Plenty of variety in terms of tasks etc.
  • The tasks that earn the most points require you to make purchases
  • The company did close down once before taking peoples points with them

Click here to sign up for Superpoints

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Gift Hulk Surveys Review

Gift Hulk is a website that allows you to earn coins by carrying out tasks which you can then trade in for a number of different prizes. The tasks are rather varied and include things like surveys, competitions, free trials, some free trials and offers on other products. One of the more interesting ways of earning points through Gift Hulk is to use their Guess the Card feature which allows you to guess the number, suit or both for a randomly drawn card. There are also additional bonus giveaways with this feature. One of the good things about Gift Hulk is that you can earn points for surveys that you aren’t eligible for which means that this can be a source of quick income over time. The rewards that Gift Hulk offer are hugely varied and include things like gift cards for Amazon (as well as other sites), cash transferred to you via Paypal and even bitcoins.

  • A few easy opportunities to make coins
  • Low maintenance
  • Variety of offers
  • Plenty of choice of rewards

Click here to sign up for Gift Hulk

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Swagbucks Surveys Review

Swagbucks is arguably the largest provider of “get paid to” websites and is definitely one of the better known ones. They provide a huge variety of ways of earning “swagbucks” (the name of their currency) with a focus on enjoying yourself. This means that you can earn swagbucks by taking surveys, watching videos, shopping online and even just playing games. Swagbucks can also be linked to your browser so that you can earn even when just generally browsing the internet. You can trade out for gift cards which start from xxx. There are also sweepstakes that you can enter to try and win prizes off less points meaning that you can start cashing out almost immediately.

  • Fun and interesting ways of earning points
  • Plenty of reward opportunities
  • Well known company with a large userbase
  • Ability to earn points without really changing your browsing habits

Click here to sign up for Swagbucks

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Mingle Surveys Review

Mingle is a website that pays users to complete surveys for them. Unlike a lot of survey websites that require you to sign in in order to check whether there are any surveys are available, they send emails to notify you however this does also have a negative side as you can also miss surveys. Also breaking the mould compared to most survey websites, Mingle still award points if you are ineligible for a survey. The surveys themselves aren’t overly complex and you can be paid anywhere from 10 points up to 500 points with an exchange rate of 100 points to 80p. Some surveys also enter you into a prize draw to win bigger prizes. You may also get the occasional offer to join focus groups and forums with very high rewards (upwards of £50 sometimes) on offer. Mingle’s cashing out process is prompt and can be used to exchange points for xxx.

  • You are notified when surveys are available which has pros and cons
  • The potential to get invites to higher value events
  • Fair exchange rate

Click here to sign up for Mingle

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Opinion World Surveys Review

Opinion World is one of the larger survey companies in the world that work with a large number of different companies. It is also one of the more finicky examples as you can only open and complete one survey at a time. They are also very on top of ensuring you adhere to their terms and conditions. Surveys can be viewed online and are also emailed to you. You can cash out from just £3 in Amazon vouchers whilst Paypal has a minimum cash out of £10. Opinion World also gives you the opportunity to trial products which also come with additional payment (some more than £50 a time). Surveys are rewarded in points with an exchange rate of 1 point to 1 penny.

  • Plenty of potential to make money
  • Strict terms and conditions which must be followed
  • Variety in terms of surveys and product trials
  • Large and well respected international survey company

Click here to sign up for Opinion World

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My Voice Surveys Review

My Voice is a UK based company that provide questionnaires for a variety of different large and well known UK companies. The surveys themselves tend to be short and to the point however this is reflected in the pay outs that you can earn. With 1 points being equal to 1 pence and surveys generally paying out 10 to 250 points, it isn’t difficult to see how it can take time to start making money through My Voice. You can cash out for a variety of voucher types including Ikea, HMV and Amazon. Research says that My Voice is a slow burner initially however once you have been with them for a while you seem to get invited to more valuable surveys where you can earn much more points. Research also indicates that in terms of the income they withdraw around £20 every few months.

  • Potential to progress onto better paying surveys
  • Plenty different vouches that you can exchange your points for
  • Redeem at 2000 points which is pretty obtainable

Click here to sign up for My Voice

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Opinium Research Surveys Review

Opinium Research are a London based research company who carry out surveys on behalf of a number of big brands, media outlets and government think tanks. The surveys themselves are all rather straight forward and don’t require a massive investment of time. Surveys are generally paid at a rate of 50p upward whilst cashing out can be done once you have made £25. This can then be exchanged for a gift card or alternatively, you can be paid directly for the surveys done. Membership is free and whilst research says that people don’t earn a substantial amount filling in the surveys for Opinium Research however the work isn’t too hard and the income can add up.

Eacj ach time you claim a reward through Opinium Research t

  • Large UK based firm that work with a number of prestigious clients
  • Option to cash out from £25
  • Plenty of variety in terms of the surveys that you will be completing

Click here to sign up for Opinium Research

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Your Say Pays Surveys Review

Your Say Pay is a UK based website that rewards you in exchange for carrying out surveys online. Surveys are only open from Monday to Friday and even then they don’t pay out a significant amount with most paying 5-50p. The number of surveys per day can be pretty high with Your Say Pays however it can just as easily be none which means that this is something of a slow burner. You can log in to check for surveys or you can also have them emailed to you. As well as carrying out online surveys, Your Say Pays also offers telephone based surveys where a representative will call you. These make much more than the online surveys making around £1-£3 for up to 15 minutes. Research says that they regularly cash out (every 4-8 weeks) with Your Say Pays automatically paying out via Paypal when you reach £20. As well as getting paid for surveys, Your Say Pays also offer a small referral scheme.

  • Cash out at £20 rather than the £25 most survey sites hold you to
  • Telephone surveys make for an interesting change of pace and allow you to maximise your earnings
  • Forum available for users which includes regular competitions
  • Rated as a very professional company

Click here to sign up for Your Say Pays

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As you can see, there is a lot of information to digest, and a lot of survey websites that you can make money from.

It is advised that you take a look at the top 5 as listed above, and start with those, and then work your way down the list. The more survey websites you sign up to, the wider your scope on potential income will be.

Many people are making a fair amount of cash with Survey websites, and although my friend Claire is maybe an exception in the amount of money she generates from surveys, and other tasks, include secret shopping, you have to start somewhere, and there is definitely money to be made with this.

Guaranteed income, with absolutely no risk.

Give it a go – these paid survey websites are absolutely free to join :-)

I have also provided the survey list as a PDF document, and can be downloaded by clicking the following link:

The 24 Top UK Paid Survey Website List – Click Here

 

The post Making Money With Free Paid Survey Websites and Other Online Activities, For Free appeared first on Money Makers Reviewed.


ManageWP Review, WordPress Protection, Back Ups and Business Time Saving

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In our ManageWP review, I will explain how the website can save you a lot of time if you have WordPress Blogs, and website and need to be able to control all of them from one, central area. Not only that, but ManageWP takes care of everything you need from one central website, and I have been using it now for around 4 weeks, and the results are fantastic.

One problem WordPress website owners come up against, is the time it takes to manage their business, blog, and website. I was looking for a service that would not only save me time, but would mean I no longer have to log into various websites on a daily basis just to carry out regular maintenance – and ManageWP is that website.

What is ManageWP?

ManageWP is a website that connects all your blogs, and WordPress sites in one place, and this means you no longer have to log into multiple websites to do your daily tasks. If you have even a single blog then this service is helpful, but if you have multiple blogs, then ManageWP is a real time saver, as well as being extremely costs effective.

Imagine the following scenario:

You have a couple of WordPress blogs, so you have to constantly log into the admin of each one, clear spam comments on each one, back up each one, log into each one to write new posts, have multiple windows open on your PC, or device to service each one – it becomes very, very time consuming.

With ManageWP, you would simply log into their website, and their service automatically logs you into each of your connected blogs, as well as combining all the tasks in bulk. For example, you can complete the following on ALL your blogs with a single click of a button:

  • Clear out all spam comments.
  • Update all plug ins on your blogs.
  • Update all wastage on your blogs.

ManageWP really is a time-saving service.

For example, I currently have 4 blogs connected to my ManageWP service:

managewp-remove-spam-comments

As you can see, although I have 4 blogs connected to the service, the ManageWP website console has a single button that I can use to update and clean everything!

If I wanted to update the plugins, clean the overhead table, and remove spam comments, I would usually have to log into each separate blog to carry out those tasks, and now, as per the image above, I can just click a single button to carry out all the tasks in one go  -which is seriously time saving.

What Can You Use ManageWP for?

The main reason I started looking around for such a service because where one of my websites is hosted, WPEngine (which is a service specifically for hosting blogs, they limited the availability of particular plugins.

WPEngine is a service that is streamlined for WordPress blogs only, and the disallow the use of certain plugins to ensure that their service runs faster for all concerned, and is free from plugins that in any way affect their service, so although WPEngine have their own back up service, I found that the backups they created were missing certain files.

Now me, being somebody who backs up my websites religiously, I had to find a solution, and back up service that just worked.

Most people who have blogs would use plugins such as BackUpWordpress, etc. but WPEngine simply do not allow such plugins, or the other usual back up plugins that most people use. I am fairly satisfied with WPEngine as a hosting company, albeit they are fairly expensive, but I really needed to find a way to back up the website in the easiest possible way.

And so the search began.

My Main Reason For Using ManageWP

If you read my post regarding the importance of backing up your website, you will know that I am a stickler where back ups are concerned, as without a back up for your website, you are 100% at the mercy of your chosen hosting company, and this is NEVER ideal, because if the hosting company goes down, so does your website – if you don’t have back ups.

So it was during a recent downtime that I moved one of my websites away from Heart Internet, and you can read about the problems with back ups on my recent post here, regarding issues with Heart Internet, and when their service went down, where most people simply didn’t know what to do, I managed to move my website elsewhere very quickly indeed…

…Because I had complete backups!

WPEngine Did Not have a Full Back Up Service

When I moved one of my websites to WPEngine, I read around the internet as you do, and realised that although they offered a good service, there were certain files that were not back up in their in-house backup service, so I had to find something that worked 100%, so that I had backups on my computer in the event of ever needing to move quickly.

Every back up plugin I used on WPEngine failed, and I was at the stage of possibly moving elsewhere to a service that allowed you to use backup plugins.

I asked on various Facebook groups of anybody who had experience with WPEngine, when a chap mentioned the ManageWP service, and that he had been using it for many years. I had never even heard on ManageWP at this stage.

I opened an account with ManageWP, and tested their back up service with the WPEngine servers, and voila – it worked perfectly :-)

Here is how easy it is to backup with ManageWP:

manage-wp-backup

As you can see from the image above, the ManageWP backup facility details exactly which files are being backed up, and you can adjust this very quickly, to either include certain files, or exclude certain files, and the back up service will also back up your database.

Here are the benefits of the ManageWP back up service:

  • Complete backup.
  • Database backup.
  • Database back up has the same name, for easy migration.
  • The ability to choose which files to include.
  • The ability to exclude certain files.
  • Very, Very fast back up, and zip up.
  • Backup saved to your public html, or externally to Dropbox, Amazon, etc.
  • The ability to perfectly restore your back up – automatically.

Restoring Your Website With ManageWP

Now this is a fantastic feature, and will save you, the user, from needing any technical knowledge whatsoever.

If you have never installed a WordPress website, then unless you have experience, it can be fairly tricky, especially when moving host, or needing to repair a database. ManageWP solves this for you, because with a single click, you can restore the whole website, including database from a previous backup.

For example, here is the ManageWP website once a backup has been completed:

manage-wp-backup-screenshot

As you can see from the above image, once the backup has been completed, you have the following actions that can be completed:

  • Restore the backup
  • Download the backup to your pc
  • Delete the backup

You can also choose how many backups to save, so that if you are saving them on your public-html folder, you are not filling up with too many backups, and taking up too much space.

This is a great service, and the speed of the backups is faster than I have ever seen. So with 2 clicks of your mouse, you will have your whole website, and database backed up, and have it downloaded to your computer for safe keeping  – exactly what I needed.

How Does ManageWP Work?

When you decide to use ManageWP, you need to firstly install a plugin called ‘Worker Plugin’ on your WordPress blog, and then activate it. Once you have done this, as well as created a ManageWP account, then the plugin connects your website to the ManageWP dashboard. You can download the Worker Plugin here

managewp-worker-plugin

Therefore, if you have multiple WordPress websites, you would initially need to install the above plugin on all your websites, so that they can all be connected to the ManageWP dashboard, and then that it is, you are connected, and can manage all your websites/blogs from one central area.

You can also load the WordPress admin of your website from the ManageWP dashboard, so you still do not need to open new windows for any tasks, and this alone means it is saving you desktop space, and it is so much nicer, and neater to work this way.

Here is The official ManageWP video showing how the dashboard works:

 

The above video may look a little complex, but trust me, the dashboard is very, very easy to use.

Also, ManageWP are updating their software all the time, so the above video may be slightly different in features to what is currently available, but everything you need, or is valid is still there.

ManageWP New Orion Dashboard.

ManageWP will soon changing to their new Orion dashboard, and although I have not thoroughly tested it in real time, as it is an on-going project, some of the new features included in Orion make a lot of sense.

The dashboard is completely re-written, and will have a different interface altogether, and although most users will now be familiar with what is already on Classic, this is a very big change for ManageWP, so hopefully they can pull it off without any downsides.

ManageWP Incremental backup addition

One of the new features is incremental backups.

On my computer I have a piece of software that provides incremental backups, and this saves me 2 hours backing up a full hard drive every time I need a back up of my PC, and although my website at the moment is only around 95mbs, I suppose the idea is the same.

I did query this point with the makers of ManageWP, and was told that the main idea behind incremental backups is the reliability, and that their current backups only produce a success rate on around 80% – although I have never had problems with it – but their new incremental back up solution will provide a success rate of around 97%.

I have tested the first back up, using the new Orion, and I was surprised that it took around 10 x longer to complete, and download the back up. I have since been told that subsequent back ups will be much quicker, as only changes made since the last back up will need ‘backing up’.

I am going to give ManageWP the benefit of the doubt for now, since their new Orion interface/dashboard has not been finished yet, but if the speed of the backups, and downloads is not quicker than it is now, I may have to deduct a star from my rating.

Other ManageWP Features

There are other features, and you can see many of them on the following screenshot:

manage-wp-menu-image

As you can see from the screenshot, other ManageWP features include:

  • The ability to control posts, and add new content from the ManageWP dashboard.
  • View and use the site admin from the dashboard.
  • Install and maintain plugins.
  • WordPress backup facility.
  • Clone your website facility, so that it can be moved elsewhere.

Other links include external resources that are not actually part of the ManageWP service, but simply link to them, and these include:

  • Security check.
  • Performance test.
  • Malware check.
  • Page loading time.
  • Broken links checker.

As mentioned, these are not actually part of the ManageWP service, but link out to websites offering those services.

Summary of ManageWP

I may make additions to this post, based on what happens with their Orion interface, but I am hoping that all the same features are still there from the current Classic interface.

The idea behind managed WordPress is fantastic, and can save a lot of time. I am just hoping that when they remove their Classic dashboard, and replace it with Orion, that some of the functionality does not go missing.

Personally, I prefer the ManageWP Classic interface, and the speedier backups, but it does seem that the creators are changing direction on a few key elements of their features, and only time will tell if they are as effective, and user-friendly.

 

The post ManageWP Review, WordPress Protection, Back Ups and Business Time Saving appeared first on Money Makers Reviewed.

Is Gambling Tax Free In The UK, and Do You Have To Declare Winnings?

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A question I get asked a lot, is whether Betfair trading profits, or gambling winnings are really tax free in the UK; and it is a very good question, because we are all usually aware of what needs to be declared to the Inland Revenue, but is gambling really tax free?

There has been quite a few shifts in law from the UK Inland Revenue over recent years on whether punters actually pay tax from any winnings from bookmakers, trading activities, (Forex) or from Betfair.

I suspect that due to the fact many people don’t really wish to report any additional earnings that may complicate their tax affairs, that this could potentially be losing you an easy, tax free income (matched betting being the activity where I receive the most questions, and which is easy).

Is Matched Betting Tax Free?

If you didn’t already know, matched betting is becoming increasingly popular as a way to make some extra money. In fact, it is probably the largest single activity of all the gambling, and bookmaker websites at the moment – because it simply works.

If you are interested in this as a possible source of income, then we have reviewed such options on this very website, and you can click the following fo full details:

Matched Betting Profits

gambling-betting-tax-free

Just to quickly explain, when Betfair started up as a rival to UK bookmakers, this created an ideal opportunity to make ‘reverse bets’. IE: With Betfair you can actually bet on something to lose (this is called lay betting), and this means that as well as betting for something to win via conventional bookmakers, you can make an identical, but with a reverse scoreline/outcome with Betfair, which will cancel both bets to an almost break even situation, and then just take all the enticements from bookmakers, and these enticements come in cash.

This is essentially what matched betting is, but is it tax free? I’ll get onto this at the end of the review.

Are Betfair winnings Tax Free?

Again, this is very similar to general bookmakers, as the Inland Revenue are at present declaring Betfair revenues as gambling, so the same rule applies.

Now that Betfair has grown in popularity, more and more people are trying to find out if they too can make a regular income using their website – and why not. That is what gambling is – trying to make an extra few quid without too much effort.

Betfair do charge their customers a commission charge on their winnings, and this actually starts at around 5%, so you need to be aware of this commission when doing any calculations for matched betting, or any other activities you may have when using their trading platform, as although it is a small amount, it can soon add up if you don’t take it into account.

Betfair’s 60% Premium Charges

There are reports of some Betfair users claiming that once you reach £250,000 in ‘winnings’ from Betfair, that they (Betfair) will place their own 60% tax on the winnings before they are paid out to you.

betfair-premium-charges

Now, this Betfair tax is NOT an Inland Revenue tax, it is just a (some would say crazy) little in-house ‘commission’ that Betfair has, in their wisdom, decided to place on their users – the people who actually make them a profit.

Remember though, that this is only after you have made £250,000 in winnings – a cool quarter of a million spondoolies, so I wouldn’t worry too much about their commission, because if you ever get to that stage, you will already be in a very good place :-)

Do I Have To Declare All My Gambling Winnings?

OK, let’s get to the crux of this, because as I already mentioned, it is actually a very, very good question, and one that more, and more people are asking themselves (and me!).

In general, no UK gamblers/traders will pay tax on their winnings. They are Tax Free.

The Inland Revenue has now shifted to onus of any tax liable, to be paid by the companies, bookmakers, and trading outlets – such as Betfair, and this takes a whole heap of pressure of the punters/gamblers.

The main reason the UK government did this, was because a lot of revenue was being lost to offshore companies, and bookmakers using tax haven locations to avoid paying their taxes. So, they law was changed, and now UK gamblers no longer have to pay any tax on their winnings – becoming tax free – but the businesses (the bookmakers) do pay the tax on their overall business profits!

The official Inland Revenue Website page on the business side of the matter can be found here (The tax the businesses will pay):

https://www.gov.uk/topic/business-tax/gambling-duties

And an extract from WikipediA:

Gambling in the United Kingdom is regulated by the Gambling Commission on behalf of the government’s Department for Culture, Media and Sport (DCMS) under the Gambling Act 2005. This Act of Parliament significantly updated the UK’s gambling laws, including the introduction of a new structure of protections for children and vulnerable adults, as well as bringing the burgeoning Internet gaming sector within British regulation for the first time.

And and extract from The Mail Online when the UK Tax laws on gambling changed:

Betting-Tax-Abolished

(The above image is Copyright The Mail Online)

Although, to place a layman’s term on this, the following are details I researched on this subject:

You Do Not Pay Tax on Gambling in The UK

You do not pay tax on any winnings on any gambling, including the following:

  • Matched betting profits.
  • Betfair profits (backing or laying).
  • Arbing (bookmakers may not like arbing, but it is still tax free).
  • Bookmaker profits – Your winnings.
  • Bingo.
  • Casino’s.

Is has been said that one of the main reasons why the UK Inland Revenue decided not to tax the ‘punters’ was because it was becoming a logistical nightmare, and if tax was to be claimed on winnings, then they, the Inland Revenue, could potentially open themselves wide open to the possibility of any losses being claim back in the same way – and most gamblers lose their money!

If tax was being paid in the same way a business would pay tax, then the same businesses could potentially claim back losses up on their tax returns – and as we all know, more people lose when gambling than win, so government closed that possibility very quickly.

So now, the bookmakers pay the tax on their yearly profits.

Tax-Free-Image

Gambling Profits as a Sole Source of Income?

There have been rumours that if gambling is your 100% sole source of income, then the Inland Revenue could possibly look at that as a tax benefit, but to date I have not read of a single case where this was actually followed through by the Inland Revenue, and even if they did, there are potential ways around that.

A small eBay business as a tiny sideline would put paid to gambling being your sole source of income. I am not condoning such an action, of course as we all need to pay our taxes by law, where applicable, but should somebody be in that position, then they may want to diversify slightly so that gambling was then not their only source of income.

But as mentioned, at the time of writing I have not read a single entry online of anybody being in that position.

Conclusion on Tax Free Gambling Profits.

The tax laws in the UK mean you can gamble tax free, and you should have no concerns unless there is another change in the law, which is unlikely.

Enjoy your tax free winnings :-)

 

 

 

 

The post Is Gambling Tax Free In The UK, and Do You Have To Declare Winnings? appeared first on Money Makers Reviewed.

What is Matched Betting, is it Free, and How Does It Work

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what-is-matched-betting What is Matched betting? I have for some time been considering what are the best and easiest ways to make money online? This isn’t always a difficult thing to answer as most methods either come with a lot of inherent risk or require a huge amount of time and effort in order to get started making a profit. Matched betting is different, as I will explain.

One way is taking advantage of something known as matched betting, a simple enough (once you’ve gotten to grips with it) way of betting that guarantees a profit for you every time.

Matched betting has come a long way to arguably one of the biggest and most popular methods of making money online in this day and age. This is mostly down to the fact that as a method of generating an income, matched betting carries much less risk than most methods and takes up a lot less time.

So what is Matched Betting?

Matched betting is a method of making money through betting that allows the punter to take full advantage of bookmakers special offers to secure guaranteed income. This is down to the mathematical nature approach that the method applies. In order to employ matched betting, you need two things.

A special offer from a bookmaker and an account with a betting exchange to lay a bet. Whilst many serious gamblers will be familiar with these terms, I accept that not everybody will be but these aren’t complicated concepts to understand.

The special offer from a bookmaker is the easy part and can be anything from free bets when you sign up with the bookies to free bets on a game or your stake back if your bet loses.

A betting exchange is a specialist website where all of the users can essentially bet against each other with the exchange holding the money until an outcome is decided. Laying a bet is simply betting against an outcome happening. I know that a lot of this will probably sound complicated and rather scary however as you become more and more familiar with matched betting, these terms will be second nature to you.

Reasons to Start Today?

  • Start immediately, today if you wanted.
  • Guaranteed profits.
  • Easy to start.
  • No experience required.
  • All done from home.
  • Regular income.
  • 100% legitimate, and used by thousands of people.

Who can use matched betting?

One of the small downsides to matched betting is that in order to make the most out of the opportunities you ideally need to be a UK resident. This is where the focus of a lot of the websites and services lie and it is mainly down to the fact that there aren’t really many laws that infringe on what bookmakers can offer and how people can choose to gamble.

Matched-Betting-Profits

If you are in the UK however, matched betting is an incredibly simple thing to do and realistically, anybody over the age of 18 (the minimum age for gambling in the UK) can easily start to make a second income through the method.

How does matched betting work?

The best way to explain is probably with an example. Let’s say that there is a football game where Arsenal are to play Chelsea. A bookmaker then runs an offer saying that if your bet loses, then you get your initial stake back. You then bet £10 on Arsenal to win at odds of 2/1.

This means that if they win, you get £30 and if they lose you get your initial £10 bet back. You then go on a betting exchange and lay a bet against Arsenal that means if they win, you have to pay out £20 to the person you made a bet with, but if they lose, you win the bet and make £10. This means that if Arsenal win, you make £10 on your bet with the bookmaker, whilst if they lose, you win £10 from the person you made a bet with on the betting exchange.

This creates win/win situations and there are a lot of people who make a rather substantial income through matched betting however it can become rather time consuming to keep on top of where there are opportunities. I should point out as well that the example above is a hugely simplified example and you will rarely find anything this straightforward.

You should also be aware that sometimes you have to lose bets in order to get your free bets depending on the offers available so you will need to have a small amount of money set aside.

You shouldn’t let this put you off though as the fact is that there is plenty of help available and if you use a reputable service then they do a lot of the hard work for you.

What will I need to start?

Really there are four things that you categorically need in order to profit from matched betting. These are as follows:

  • Accounts with as many bookmakers as you possibly can.
  • An account with a betting exchange.
  • A betting bank.
  • An internet connection.
  • An account with a matched betting service (optional but very highly recommended).

Matched-Betting-How-It-Work

It is important to have as many bookmakers accounts as possible for one simple reason. More accounts mean more offers and more offers means more opportunities to make money through matched betting. There are of course the obvious options available such as high street favourites Betfred, William Hill and Ladbrokes.

What about online bookmakers?

There are also online bookmakers like Paddy Power, Bet365 and Sky Bet as well. The important part when signing up is to look for quantity of bookmakers. You should also look at the terms surrounding sign up offers as some will require you to bet several times over the value of the bonus in order before you can withdraw your money.

There are much fewer betting exchanges than there are bookmakers and because of how they work, you should look for the betting exchange with the most liquidity. The biggest one on the internet (and therefore the most likely to get your bets matched) is Betfair.

They were one of the first betting exchanges starting in 2000 and have continued to maintain their position as a market leader.

How do I get started?

I feel that if you are serious about getting started with matched betting, then the first place to go is to a website that specialises in this service. As I’ve mentioned there are a number of free and paid services and whilst everybody will have their own favourite, the important part is that you are getting guidance on what to look for, which bets to cover etc.

For example one blog that I visit lists bets and offers on the front page that highlight how much profit you can potentially earn and how much is guaranteed.

This takes a lot of the guesswork out of which bets to place and it also tells you which offer a bookmaker is providing, what you need to do and explains how each bet will work. That particular website can get a little complicated however and whilst there are forums offering support, they definitely don’t move as quickly as some of the premium offerings.

As I’ve already touched on, the most important aspect of getting started with matched betting is opening as many accounts with bookmakers as you possibly can.

matched betting basics

A lot of services will even go as far as to recommend opening multiple accounts with the same bookmakers to maximise the number of free bets that you can take advantage of. Whilst this is something that is possibly worth considering, it is also important to keep in mind that this is against the terms of service for all bookmakers and so if you are caught you could jeopardise any winnings that you have made so far.

If you do wish to push ahead with opening multiple accounts then there are some ways around this and I would invite you to carry out your own research as coverage of all the methods could be a 10,000 word article in its own rights.

Needless to say I think that it is worth stating once again that this will be considered a breach of the terms and conditions with any bookmaker.

How much will it cost to get started with matched betting?

Your initial betting bank (which is a pool of money that you use exclusively for betting) doesn’t need to be too large with matched betting. Most services will recommend you start out with around £500 which allows you to maximise the deposits and resultantly, the free bets that you are entitled to.

If you want to sign up to a service then there are additional costs involved. Whilst some are free, the best examples you will generally pay for. Whilst some are very reasonable (Mike Cruickshank’s Profit Maximiser costs £97 plus VAT, a service that I will look at in greater detail below) some of the costs are extortionate. I would also steer well clear of any service that tries to charge you monthly as there is simply no need for this – UNLESS there is something unique about their service, which the rest do not offer!

Why bookmakers don’t like matched betting?

And let’s make this clear, bookmakers DO hate matched betting, and the main reason is it literally costs them endless millions of pounds per year in lost income.

For far too long bookmakers have had it all their own way, and before Betfair made an appearance on the betting scene bookmakers could pretty much do as they pleased – they had it very easy for many, many years, and now that has changed.

The problem they have (which is great for those who match bet) is that bookmakers cannot control Betfair, where you can place a reverse outcome bet, so with all these millions of pounds worth of bonus enticements they give, they are losing money almost every time, because all everyone is doing, is using their enticements to match bet, and make money no matter what the outcome.

Upset Bookmakers

What can bookmakers do about it? Not much really, because by the time they have realised you are using your bookmaker accounts just for the bonuses, most users are easily a few thousand pounds up – many tens of thousands up :-)

Can anything do this, and make it work?

Whilst anybody can use matched betting successfully I feel like I should say that this isn’t necessarily for everybody. Once you are adept with matched betting and fully understand what you need to do to get free bets, how to use betting exchanges etc. then there is hardly anything to it. If you are coming into matched betting with no prior experience of betting at all, then it can be even more difficult (although a good service such as Mike Cruickshank’s will offer you plenty of support in getting started).

If you plan to go at matched betting without the help of any service then you can expect to put a lot of your time into it, simply because you will have to check each bookmaker every day, see what odds they are offering, what (if any) bonuses there are available and what kind of bets you should look at.

One you have hit your stride and presuming you have a service supporting you, you will only need around 10 minutes to half an hour per day to place all of the relevant bets. When you are getting started you may want to give yourself around twice this time to ensure you are doing everything right.

This means that if you can spare around an hour a day at most and you have a little bit of money put aside to invest, then matched betting is almost definitely for you.

What are the pros and cons?

PROS:

  • Making easy and guaranteed income from your home computer.
  • All that is required to get started is an internet connection and a small initial investment.
  • There is plenty of money to be made and lots of services offering support if you struggle.
  • Using matched betting doesn’t take up much time at all.

CONS:

  • You may find making money through betting and gambling immoral.
  • If you are using matched betting a lot throughout the day, then it can sometimes become a little tedious.
  • If you want to get started on your own, then matched betting can be complicated.

Is matched betting worthwhile?

Absolutely. There is plenty of money to be made through matched betting and if you take a look at Mike Cruickshank’s Profit Maximiser (link available later in this review) then you can easily see how much some of his customers have made. It doesn’t take up too much in terms of  time either and once you have got to grips with the concept this only gets easier. With all that in mind, I think that matched betting really is a worthwhile option for those who wants to make money online or from home.

easy_money_matched_betting

 Conclusion on Using Matched Betting Services

Matched betting is a very interesting field for anybody who wishes to make money from home and one that actually comes with very little in the way of downsides (as I have demonstrated already). This is a way of making money that has been proven successful by thousands of people since it first started.

That having been said, it isn’t without problems. Like I touched upon in the pros and cons list, if you are going to sit there all day betting then you may find that it can become a little repetitive. There is also the fact that you realistically need some help to get started however given the multitude of options available this is a problem easily resolved.

When compared to a lot of other methods of making money online, matched betting is not just more affordable but it comes with much less risk, much more potential to profit than most betting methods and there is plenty of help available. Compare this to other betting methods like tipster services which can have long losing streaks and require costly subscription fees and it quickly becomes apparent how much better matched betting is.

What matched betting Services are Available?

You may also want to join a group online that provide you with the latest matched betting opportunities. There are a number of different groups available that specialise in providing their users with varying amounts of information on what kind of offers bookmakers are offering and which bets are the best ones to place.

Some of these are free whilst others are paid services with the quality of information on offer differing massively depending on whether you are willing to pay or not and if so, how much.

We have reviewed some of the matched betting websites, including Profit Accumulator, which was basically a concept taken from the original Bonus Bagging idea, and then we reviewed Profit Genie, which wasn’t the best, and looked very quickly knocked together with a view to making the website owner a quick profit.

There are a number of different websites that you can visit with a quick search on Google bringing up multiple blogs on the subject, all of which vary massively in terms of quality.

recommended matched betting

Recommended Matched Betting Service?

Arguably the most well known and best quality matched betting service comes from a guy called Mike Cruickshank and is now operational under the Profit Maximiser, our review of Mike’s fantastic service can be seen by clicking our review here.

This initially started out as Bonus Bagging which was a long standing and proven service helped to make a lot of people significantly better off financially since it launched. With time Mike Cruickshank expanded his line up and the type of betting opportunities which are available and now looks at a variety of different approaches to matched betting.

Of course you can try to go it alone with matched betting and try to figure things out for yourself but this isn’t just massively time consuming, it can also lead to rather significant losses and I have seen some people set out, even with the help of a professional service, and ultimately lose money because they weren’t following the betting plans properly.

A lot of money to be made in Matched Betting – Take it whilst it is there!! :-)

 

 

The post What is Matched Betting, is it Free, and How Does It Work appeared first on Money Makers Reviewed.

Betfan Review, Are They Really The Tipster Champions?

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betfan-logoSitting down to write about Betfan as a whole entity is a pretty daunting task. After all, this is a business that has produced well over 100 different tipster services and countless points of profit for subscribers. How big can one tipster service be I may hear you ask? To create some very basic context, Betfan is more than just one company but instead has 5 different arms, each providing their own experience and service.

Betfan Overview

The company was founded way back in 2010 by Simon Tofield, a web designer and Stephen Gwalter, a blade technician. Since then there has been hugely significant growth and expansion in terms of what is on offer and even how it is offered. The first website for Betfan was a rather simple (albeit well put together) affair that offered a different service each day listing:

  • Top horse racing & betting advice every Monday
  • Tuesday golf betting and sports update
  • Midweek eye catchers, stories and top tips every Wednesday
  • Thursday is Power NAPs Day
  • Friday with TV’s Mike Cattermole
  • Saturday with Dave ‘Devilfish’ Ulliott & the world of gambling
  • Sunday Anteposts & eyecatchers from an ex bookie’s notebook.

Even in the early days of Betfan it was clear that Simon Tofield and Stephen Gwalter were working hard at making the company the biggest and best that they can and this is definitely a theme that has continued through to today no doubt will into the future.

This work ethic has led to some pretty great things for Betfan however one of the things that I like about them is their constant commitment to beating the bookies. This is a phrase that pops up a hell of a lot in their sales material and frankly, with good reason.

The fact is that almost all of Betfan’s products make a lot of money very quickly and in most cases, this continues to be the case and as a reviewer, Betfan is often the benchmark against which I compare other tipsters.

So what exactly is on offer here? As I will look at below, Betfan offer something for everyone whether you are a punter, a budding tipster or even an affiliate marketer looking for something that you know your customers will love.

Betfan.com The Main Website

The head of the beast as it were, is betfan.com which is where Simon Tofield and Stephen Gwalter offer their core service. As a website Betfan.com (as well as the various different arms of the larger group) offers a variety of different features.

The first point that should be made in regards to any Betfan website is that you have to be signed up as a member (which is entirely free) in order to access their member’s area where the bulk of the content is.

Naturally at the core of this is the various tipsters that Betfan work with and help operate and I will be looking at these in proper detail shortly.

Betfan’s website is something of a minefield once you’re in the member’s area and it’s very easy to be overwhelmed by the sheer volume of stuff that they throw at you but I reckon that there are a few things that are worth looking at more than anything else.

Betfan also claim to have a whopping 56,000 members!

56k-betfan-members

(Image Copyright Betfan Ltd)

I will start with what is arguably the second most important part of the Betfan Member’s Area. “Your Tips” is a section that lets you sign up for access to daily free tips. These usually come from one of the many services that Betfan operate which really allows you to get a feel for what to expect if you choose to invest in any of them proper.

These aren’t always winners and as you’d expect from any tipster service there are no guarantees but it makes for a pretty good jumping off point if you want to get used to following tips, staking etc.

You may also be interested in the tabs for Tipster Champions and Top Performers as these list all of the best Betfan services, both within the Betfan website and the wider group. This brings me onto the raison d’être of Betfan which are the various tipster services. There are a huge number of these available with betfan.com offering 31 different tipster services alone.

These mostly look at horse racing however there are also options available for those who want to bet on horse racing, sports betting or football.

Each service that Betfan offer is operated by a wholly independent tipster which means that each and every one is unique. The services themselves range from coverage for horse racing events (for example at the time of writing I can see a tipster service advertised for the recently finished Pinchestown Festival in Ireland. All of this means that every Betfan service is hugely different and so there is likely to be a tipster service for everybody.

The Betfan Tipster Service

One of the standout features of Betfan when compared to a lot of tipster services is that all of their tipsters are fully proofed and you can go on and view this. This means that if you are thinking of joining a service or you like the sound of it, you can check out the viability. This has saved me a number of times from making bad decisions and has become a foundation of whether or not I see a service as genuine as a real tipster will happily meet this expectation.

target-tipstersThe proofing also comes with details on the ROI (return on investment) as well as strike rates so that you can quickly build a picture of a services performance.

One of my favourite parts of any Betfan product is the copy writing which is dynamic, interesting and sometimes; seemingly a little fanciful. This makes the sales pages always worth a read and the writing allows for the personality of the tipster to really jump off the page at you.

When paired with the proofing this makes for a really interesting approach which lets you to understand exactly what you are getting into. This lack of lies makes Betfan one of the most trustworthy tipsters that I have had the pleasure of looking at.

Betfan Blog

As well as the main website and the tipster service, Betfan also operate a blog which is usually updated by the various tipsters. The posts are often long and detailed and look at what is going on in the sport and horse racing word and how this has affected bets. They may also talk about their recent performance and reflect on the results that they’ve achieved.

The blog also includes the occasional giveaways, for example, at the time of writing, Simon Tofield and Stephen Gwalter are offering a guide, 60 Flat Horses to Follow 2016. This blog is a good way of keeping up with the company as a whole as Simon Tofield and Stephen Gwalter tend to release updates here whilst tipsters will talk about their current goings on, why they’re winning or losing and even what their predictions are for the future.

Whilst the Betfan Blog isn’t something that is going to necessarily add any monetary value to your betting, it is a fantastic source for free information that you can then use to help you to improve your understating of betting, tipster services and your general knowledge of the sport.

Winning Information Network, Bet Kudos and Tipster TV

Although Betfan predominantly operate under the Betfan branding, and this is the main umbrella company, they actually provide a number of different services in the guise of Winning Information Network, Bet Kudos and Tipster TV.

Fundamentally, the differences between Betfan and any one of its affiliates are negligible, especially in terms of what they offer on the main websites.

Really, these different arms are there so that Betfan can spread their branding around more. For example, the Bet Kudos branded website has 30 services, Winning Information Network has 27 whilst Tipster TV currently has 12.

As well as allowing the Betfan group to grow and group products (there is generally a loose collective or theme in terms of what the different brands offer), it also allows for top performing tipsters to have multiple services through the Betfan group without oversaturating any particular one (and I can think of a few tipsters off the top of my head who do this).

The main thing to take away from this is that if you see something from Winning Information Network, Tipster TV or Bet Kudos, you are always dealing with Betfan and the same rules will apply.

A Look at Some of the Betfan Tipsters

Betfan-Tipsters

(Image Copyright Betfan Ltd)

From the launch of the service, Simon Tofield and Stephen Gwalter have worked with some of the biggest names in gambling through Betfan. This is apparent even from their first basic webpages which listed Dave ‘Devlifish’ Ulliot as a contact. Tragically, Dave passed away last year but he was working with Betfan pretty much till the end with his service Betting With the Devilfish.

This is indicative of the integrity that Betfan offer with even the biggest names showing loyalty, a theme that has continued and been built upon.

Here is a list of some of the Betfan Tipster services currently on offer:

  • Andy Bell Racing
  • Betcha Naps
  • Betcha Racing
  • BetFan F1
  • Betfan VIP
  • Betting Opportunity
  • Chris Anzani Racing
  • Dog Race Wagers
  • Equo Early Raters
  • Fantastic Eights
  • Fold4Gold
  • Free Daily Newsletter Tip
  • Golf Bet Gold
  • Grand Bet Auto
  • Howard’s Eyecatchers
  • Kevan Minter The Colonel
  • Love Sport
  • Mr Smith
  • One Point Profits
  • Pro Sports Betting
  • Punchtown Special
  • Race Advisor Guide
  • Race Ratings Pro
  • Racing Excellence
  • Shrewd Tipster
  • Sports Bet Paradise
  • Stable Line Gold
  • Super Tips
  • The Gambling Don
  • Unity Racing Club
  • Weekender Special
  • Winning Way

With this in mind there are a few services that I would like to highlight as they show the reach and influence that Betfan have as a company.

One of the biggest names is Kevan Minter, AKA The Colonel. He has been involved in horse racing for over 25 years and has held down jobs working as a writer and even a TV presenter for a number of different publications and channels.

He also says that he works at various well known racecourses as hospitality. To cut a long story short, Kevan Minter is a big name and so in operating not one, but two tipster services through Betfan, this reflects on them and their pull.

Another tipster of note is Andy Bell. He also operates a number of different tipster services through the Betfan group, all of which have enjoyed success. One of the ways that Andy Bell’s name is best known however is for his head to head events where he and another Betfan tipster will compete to make the most profit off a single festival.

He has even written a book documenting his time as a tipster through Betfan which is very interesting and well worth a look for anybody who wants to see a tipster service from the other side.

Betfan have also worked with people like Mark “The Couch” Winstanley and The Sun tipster Nigel Feeley in setting up Tipster TV. Both names that will be known to anybody involved with the betting industry on a regular basis.

best-tipsters-who-are-they

Tipster Planet

Tipster Planet is a very different service to most of the ones that Betfan offer. Simon Tofield and Stephen Gwalter refer to it as their proving ground and this is definitely an apt metaphor. Tipster Planet is a website that anybody can sign up for to have their tips proofed by Betfan with a fully managed service up for grabs for those who are able to generate a consistent profit.

There can literally be hundreds of tipsters vying for this prestigious prize at a time with many dropping out when they find that they can’t actually cut it. This is just one side of Tipster Planet however.

As well as allowing tipsters to compete, subscribers can also sign up for a very reasonable cost (£9.99 per month) and get full access to selections from all the tipsters uploading on a given day.

When you consider that a number of these tipsters have been good enough to go on and get their own fully paid up service, this makes Tipster Planet something of a bargain. It also presents a great place for both sides to start developing their understanding and knowledge of what to expect when following/managing a tipster service.

Is Betfan for me If I’m a tipster?

Whilst I am by no means an expert on how much tipsters pay, I do feel that Betfan offer a very decent sounding package.

They pay all of their tipsters 25% of the profits from their service, 40% to affiliates, 20% is for the running costs whilst 15% actually goes to Betfan itself. Where working with Betfan becomes a bit of a no brainer in my book is that there simply isn’t a comparable tipster service out there for marketing.

Betfan have one of the largest subscriber bases in the betting world for their services and this means that you can rest assured that if you sign up for them as a tipster, then your product will be in front of as many eyes as possible. It also goes without saying that it is in their best interests to promote you.

Simon Tofield and Stephen Gwalter say that there is a cycle of sorts if you do become a tipster where you will start out with plenty of subscribers before this drops to anywhere from 45 to over 100 at which point this is your steady audience.

If there are any problems then the team work with their tipsters to help them to get back on track and into the black as soon as possible whilst also offering understanding that any service may have losing streaks.

They also say that there is the possibility to boost your income which brings me nicely onto my next point :-)

Become a Betfan Affiliate

As mentioned above, Betfan pay out 40% of their profits to affiliates which means that there is a small fortune to made for those with the right kind of list and marketing infrastructure in place. This is well in line with a lot of affiliate programs and I would even go as far as to say that it is more generous than most.

There are a number of features that are available exclusively for Betfan affiliates including real time reports, daily text messages and competitions and leader boards.

Bad Press

When it comes to any kind of product there is always going to be something of a divide and Betfan’s products are no different. There are a small number of people who get rather upset when their services don’t recreate some of their more legendary feats.

These critics of Betfan are usually most vocal on various betting forums where you can see them claiming that a service is a rip off because they happen to have lost a bit of money in the short term.

There are also some other criticisms about how Betfan has so many different services, with some questioning why a tipster that is as successful would require so many services. The fact is that when it comes to Betfan a lot of people miss or perhaps more likely overlook the fact that Simon Tofield and Stephen Gwalter aren’t tipsters.

They are two guys who simply want to help Betfan subscribers to beat the bookies and pocket some extra cash.

On a personal level, I do sometimes feel that the results that are offered are somewhat inflated by the staking plans that Betfan typically recommend which is 5 points per bet. This is something that you can see if you read any of my reviews of their products and has also been picked up by other parties but I don’t really see it as being a deal breaker.

conclusion-on-tipsters

Conclusions on Betfan

As a company and a service there aren’t many websites online that can come close to what Betfan have achieved.

The fact is that through their various services Simon Tofield and Stephen Gwalter have been producing consistently profitable services since 2011 and when I say profits, a fair few of Betfan’s services have smashed through 1000 point profits and this is no small feat for any tipster management company, let alone one that has produced these results time and time again.

The fact is that navigating the world of tipsters is a very tricky affair and there are an increasing number of what I would call scam services appearing on the market. These always offer huge profits with nothing to back it up, in other words, the polar opposite of what a respectable and tried and tested tipster would aim to do.

In this regard, Betfan is something of a beacon showing people what they can expect in advance and being quite open about their processes.

The only real criticism that I have about Betfan products lies in the costs which are sometimes very much on the high side. During my research into this article and taking the time to look at how much they actually pay out, it feels somewhat justified.

So what are my final thoughts on Betfan?

Namely that at the centre of the service is integrity and reliability. There is a transparency to their operations that is often missing. Like any tipster service there are no guarantees but I feel that as a company, they remain accommodating and help to guide members and manage their expectations.

I can’t ignore the fact that Betfan have produced some of the longest running and most profitable tipster services which means that they must be doing something right.

I have often said that Betfan’s products are worth trying, and I stand by that. There are some very convincing results on their website, and I would say take a look with an open mind, read the stats, the results and see what they can offer you.

 

 

Incoming search terms:

  • betfan tipsters

The post Betfan Review, Are They Really The Tipster Champions? appeared first on Money Makers Reviewed.

Bet Angel Review, Is Peter Webb’s Betfair Trading Software The Best Out There?

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betangel-logoFirst launched all the way back in 2005 by a then relatively fledgling Peter Webb, Bet Angel is a piece of software for trading on betting exchanges. Since then Peter Webb has worked hard to ensure that Bet Angel continues to be the best, consistently updating the software as new customer requests come in and new technologies emerge.

This is something that is massively important with more and more competition cropping up all the time, despite which Bet Angel has remained one of the forerunners when it comes to betting exchange software.

If you are interested in trading on Betfair, then this software, and this review should definitely be of interest to you, it is probably the main software application that most people use when looking to get started, and when learning about the advantages that some users seem to have when they trade.

The software can be viewed at www.Betangel.com

What is Bet Angel?

I have touched upon what Bet Angel actually is however there is so much more to both the software and the services that are on offer. The software has been designed to primarily work with Betfair, the largest betting exchange in the world (I will talk about betting exchanges a little later on) and it does this by being a piece an official Betfair Vendor App.

This means that it is built on Betfair’s own API (Application Programming Interface) which allows a piece of software to interface directly with the Betfair exchange. By doing this, users of Bet Angel can find markets, place bets and check their current and historical bets from within the software. This does mean that Bet Angel will connect directly with your Betfair account however Peter Webb runs a very above board operation so there’s no need to worry about it being a scam.

Peter Webb in his marketing for Bet Angel says that the primary objective of the software is to give you the best possible chance of making your trading or betting pay, something that he claims to be more than possible given the suite of features that Bet Angel has. Many of these features were actually based on the same tools that traders were using to trade on Forex markets and were revolutionary at the time, allowing for much more complex and more refined betting strategies to be developed and implemented.

This is evidenced in the beginnings of Bet Angel with Peter Webb originally creating the software purely for his own use (he was one of the early adopters and pioneers of Betfair and the betting exchange) which allowed the creation to focus on trading.

As a piece of software, Bet Angel is a joy to use, especially when compared to some of its competitors which seem to be bogged down with complicated user interfaces and hundreds of drop down menus before you get to the feature that you want. Bet Angel just has everything laid out in front of you with no real complicated processes to find what it is that you want to do. From a technical standpoint, Bet Angel isn’t exactly intensive and doesn’t require a hugely powerful PC to operate it, you should have something reasonably modern and it must be a Windows based machine.

advanced-Betangel-features

(Image Copyright Bet Angel Ltd)

What are the features of Bet Angel?

There are too many features to list available with Bet Angel but I will do my best to look at them comprehensively, but without going into too much detail here.

The default screen for any market won’t really look too different to the usual Betfair exchange showing details of odds for backing and laying however this is about where the default experience ends. To help users to place bets faster and as such gain an edge in a competitive trading environment, Bet Angel utilises one click trading which is completed with a staking plan that you can set yourself (for example clicking a bet automatically places it at £2).

From here you can look at a ladder view which shows the liquidity and number of bets that are being placed at certain odds. There are also screens which automatically configure both dutching and bookmaking bets for you showing stakes needed, odds and the predicted profit.

This is only scratching the surface of what Bet Angel can do however. There is a powerful in play betting tool that shows you what is happening to the odds in real time therefore painting a picture of how the race is going. By looking at this you can then get a feel for whether or not there is any profit to be made via an in play bet.

There is also a tool that looks specifically at football games and looks at market activity to predict what a likely outcome will be for a game in a variety of different markets including the end result, over under goals as well as additional probability statistics on the correct score and the total number of goals. As well as providing this service for football, Bet Angel also includes a similar piece of kit that covers tennis. If all of this isn’t enough for you, Bet Angel also include advanced charts that allow you to add your own indicators ala Forex trading.

For the ultimate in customisation however, Bet Angel allows you to create your own scripts in Excel based on your own betting systems which you can then import and automate. This is obviously a complicated process and not something that everybody will want to, or be able to do, however it does make Bet Angel ideal for those who know exactly what they need a piece of betting software to do.

It is also worth pointing out that for those who don’t wish to run Bet Angel from a home computer or who want it to be active all the time, the professional version of the software does have a version for uploading onto servers.

Betting Exchanges

The whole purpose of Bet Angel is to allow you to place bets on betting exchanges. For those who aren’t perhaps all that familiar with what a betting exchange is, it allows users from around the world to bet on the outcome of events with each other. There are a number of rather unique features that a betting exchange utilises that a normal bookmaker doesn’t and these are what Bet Angel and its contemporaries take advantage of.

The first of these is to lay a bet. This is a common term on Betfair that is often referred to as simply laying. This means that you are basically betting against an outcome, for example laying a horse means that you win if that horse loses. The other unique feature of a betting exchange is that bets can be traded before they are cashed out, a process that is commonly referred to as greening up. This means that if you have a bet that is showing as profitable part way through the race, you can then essentially “sell” that bet so that you can cash out.

Both of these are very important to traders and as a result Bet Angel provides plenty of facilities to utilise these unique advantages to produce profit.

In terms of the different betting exchanges that are out there, there are two main ones and Bet Angel offers software that is compatible with both. The largest and the one that I have mentioned so far is Betfair. This is the exchange that Bet Angel was originally built for trading on and the one that creator Peter Webb prefers to use. The other option is BETDAQ which offers a very similar service however the market share of BETDAQ is less than 10%. Despite this, as mentioned, Bet Angel does offer a piece of software that is compatible with it.

Bet Angel Pro or Bet Angel Basic?

There are two different versions of Bet Angel available which are massively different in nature however they do provide a somewhat similar user experience in many ways. The basic edition is a free piece of software and it features a hugely stripped down version of the professional version of Bet Angel. It has one click betting and allows you to see some charts in relation to bets that you currently have open however this is the extent of it.

pro-vs-trader1

(Image Copyright Bet Angel Ltd)

In contrast I have already detailed what the professional version can do in the features list and as such, I don’t believe that it warrants a recap.

The reality is that by preference, you will always want to go with the professional version of Bet Angel as the multitude of additional things that you can do with it will definitely help you to take your betting game further. If however you are just starting out with Bet Angel and perhaps aren’t so certain on whether or not it is for you or even if you feel overwhelmed by all the additional features, then Bet Angel Basic is probably good enough.

The fact is that whilst it doesn’t do much that Betfair’s manual betting doesn’t do, Bet Angel Basic does provide you with a small edge and that may well be enough.

Peter Webb

The man behind Bet Angel is the man in the header, one Peter Webb. He started his betting career way back in the early days of Betfair and was allegedly one of their first customers. He actually started trading full time following a successful stint working in distribution for Compaq and Medion, companies that produce their own branded PCs.

(Video Copyright Bet Angel Ltd)

Not long after starting trading he began to work on Bet Angel, initially to improve his own edge as a professional trader. Since those humble beginnings the software and general offerings have grown into one of the biggest names in Betfair trading software. What is really noteworthy about Peter Webb’s relationship with his software is that he seemingly continues to use it even to this day for his trading.

This isn’t so much noteworthy because a product creator is using their own product, you would expect this from anybody who has created something legitimate. What is amazing is the scale and scope that Peter Webb trades through it. An interview back in 2010 revealed that he can trade millions of pounds per week with a float in his Betfair account of £250,000 and given the fact that he had at that point been trading successfully for half a decade, it seems reasonable to assume that at the very least these figures have at least stayed the same.

If there was any doubt about Peter Webb’s position as a top quality professional Betfair trader it is worth pointing out that he started out with just £1,000 placing £5 bets. He also claims to be the only trader that has ever successfully traded live and in real time which was at a number of seminars for Betfair.

Bet Angel Community and Support

As you would expect from a professional operation Bet Angel comes with a rather substantial support network which comes from both Peter Webb and his team as well as a larger community.

The official support offers a contact option which allows you speak directly to the support team. There is also a comprehensive user guide which runs to over 100 pages, all of which are organised online so that you can search for exactly what you are looking for. On top of this there are also a number of videos that show you how to use the software which are presented in an “over the shoulder” perspective.

This is just one aspect of the community behind Bet Angel however. There is actually a massively active forum of users that cover a huge variety of topics, both related and unrelated to betting, Betfair and Bet Angel. To create some perspective on just how big and active this community is, there are over 1,700 topics with almost 10,000 posts that aim to help those who are new to Bet Angel and want to get started. This pales next to the 50,000 plus posts that look at sports betting.

The community itself is actually very helpful and friendly with all the members seemingly wanting others to succeed which can be difficult to find in betting as in my experience, a lot of the community are too busy looking out for themselves to care about others.

Yes, there is also a forum on the website where users of the software ask questions, and ‘toy’ with ideas of what ‘could’ work, but on the whole it is mainly occupied by people who literally give nothing away regarding their own success, as you would expect. There is also a detailed manual on the software which explains everything you need to know.

As if this 14,500 member strong forum wasn’t enough, Bet Angel also has its own blog which is frequently updated and looks at topics relating to trading strategies, trading horse racing and football as well as updates on the software. These are updated by Peter Webb and offer a lot of insight into what has happened at events, how this has impacted trading and quite often provides an insiders perspective on things. This doesn’t just make for an interesting read, but it encourages you to think about how you bet and how this can be leveraged for improvements.

Bet Angel TV

As if the communities and the blogs weren’t enough, it is also worth taking a little bit of time to talk about Bet Angel TV. This is something of a sibetangel-tvde project from Peter Webb that provides literally hundreds of videos on a variety of different topics. Some of the videos aren’t necessarily stand out and are simply tutorials on using the various bits of Bet Angel however they do remain useful and are welcome.

What is really interesting about Bet Angel TV are the numerous different strategies that Peter Webb talks about. To put this into context, he has uploaded 35 videos to the section on horse racing alone which look at various aspects of trading, from finding bets to dealing with losses.

Betting Exchange Academy

The Betting Exchange Academy is something of an offshoot of Bet Angel and it is here that Peter Webb plies his trade as an educator on sports betting trading. The services are not cheap with classroom courses starting at £399 however it should be clear by now that Peter Webb is very much the real deal and if anybody can show you what you need to do in order to become a successful trader it is him.

As well as these classroom courses there are also seminars that teach you about betting and betting as a business with a focus on horse racing. Finally there is an option for personal mentoring with Peter Webb however this obviously isn’t going to come cheap.

How much does Bet Angel cost?

As mentioned, Bet Angel Basic is free however what we are interested in here really is the professional version. There are 6 different ways that you can buy access to the service which are as follows:

  • 24 hours of access for 99p
  • 1 month of access for £29.99
  • 2 months of access for £39.99
  • 3 months of access for £59.99
  • 6 months of access for £99.99
  • 12 months of access for £149.99

It is worth pointing out that all of these figures are paid up front and in a single lump sum and come with no money back guarantee etc. The purchase is for a license which allows you to install multiple copies of Bet Angel on multiple computers with no additional charge and the costs involved do not automatically renew.

Does Bet Angel guarantee me a profit when trading?

Of course not 🙂

Bet Angel is simply a tool that you can use to help your trading easier and more streamlined. If you have systems, or methods you wish to try then Bet Angel maybe something that can make testing easier, but it certainly will not guarantee you a profit, and nor does it advertise this. Sure, Peter Webb is a professional trader and has many videos showing him how he makes serious money using Betfair, but please don’t think you could simply follow what he does and succeed.

If it were that easy, we’d all be doing it…

Conclusion on Bet Angel

What is there that is left to say about Bet Angel? It is definitely one of the best Betfair trading platforms currently available and in many respects is quite reasonably priced when you consider the work that has actually gone into it. Through my research it has become very apparent to me that Peter Webb genuinely cares about his product and his business and this is something that is good to see.

There are a lot of products that are put out online that appear to simply be a quick money grab but Bet Angel has existed in one shape or another for a long time and there is nothing to suggest that it is going to be off the market any time soon.

The list of features reads like a professional traders dream with everything clearly geared towards helping the user to make as much money as possible as easily as possible. For those who are more technically minded, you can make Bet Angel do pretty much anything you want with its Excel integration which is definitely a boon for those who have a set system that they have found to be profitable.

The only criticism that can possibly be laid at the feet of Bet Angel isn’t even a criticism of the product really, it is simply me taking the time to acknowledge that there are pieces of software available that do a number of similar things but are free. Whilst Bet Angel Basic is also free, it is a little to stripped back in my opinion to compete with things like Cymatic Trader which sits somewhere between Bet Angel Basic and Professional but also won’t cost you anything.

With all of this in mind, is Bet Angel for you? Honestly, it is a pretty serious investment and one that I would only recommend if you are serious about your Betfair trading. If you already play about on the exchange but don’t want to commit, then even the basic version can give you an edge with one click betting and the like in place.

It should be said however that Bet Angel won’t make you a better gambler or trader on its own and some of the few bits of criticism that I have been able to dig up have been people saying that they aren’t making more money (although this is usually down to something that they are doing wrong). This may seem obvious but in the spirit of balance, it is something that is worth pointing out.

Do You Use Bet Angel, Ben?

Yes, I myself use Bet Angel almost daily, and it really is a serious peice of kit, but mainly because the features detailed in the software are what you use, and it makes (for me at least) trading easier, rather than having to rely on Betfair’s website.

 

 

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Mike Cruickshank Matched Betting Software Review. Mike’s Latest Product Can Save You a Lot of Time

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Mike-Cruickshank-image We have all heard of Mike Cruickshank by now, and the endless testimonials his products bring. Well, the Matched Betting Software he has just launched is another fantastic product for all those wishing to profit from matched betting.

When the details of Matched Betting Software landed on my desk, I was pleasantly surprised to see Mike Cruickshank’s name and as something of a fan of his stuff, I decided I had to take a more detailed look. I am always excited by Mike’s Products, as they always ‘just work’ 🙂

The first thing that stood out about Matched Betting Software (which is what Mike’s new product is called, personally I think he should have given it a more fancy name, but hey…) is that it is a piece of software which is definitely a new direction for Mike’s products. Not a new direction on the ‘theme’ of what he has offered in the past, but mainly the simplicity of the product.

Matched Betting Profits

Matched Betting Software

Rather than dedicating time to finding opportunities, calculating what will and won’t work etc., Matched Betting Software allows you to look at everything in one place with no need to spend your time going from odds checker to Betfair’s exchange constantly – which is a HUGE timesaver, and as we know, time really is money.

The fact is that whilst matched betting is considered easy money by all who use it, actually finding profitable bets can be pretty far from easy.

Mike Cruickshank says that with his Matched Betting Software, all of the difficulty and effort (basically messing about) is taken out of matched betting itself; saves a lot of time, and this time saving increases your profits, taking it to a whole new level – and having done a lot of matched betting myself, this is certainly true.

Let’s get on to the review…

Product Title: Matched Betting Software – I still think it should have been given a different name 😉

Price: £1 for a 30 Day Trial

Guarantee: 30 Day Money Back Guarantee

What You Get:

  • – You get complete access to Mike’s new Matched Betting Software.
  • – Full tutorials on how to use the software, and how to find the offers.
  • – Some great free bonuses included in the software.
  • – Full support by Mike Cruickshank himself.

30-day-matched-software-trial

Here is one of the screenshot from the website:

Best_part_of_the_matching_software

As you can see, the main onus of the product is time saving, and finding the money-making offers far more quickly than doing it manually. And let’s face it, if something is easy, then you are far more willing to do it, and if you are more willing to do it, you have to make more money in the short term.

Making the whole offer-search easier, takes a way a LOT of frustration for the user. When you are into matched betting, you want to know what offers are available, you want to know where they are, and you wan to be able to access them as quickly as possible. This is what Mike’s new software offers you.

On top of this, it is mobile friendly and can be accessed anywhere, again, this is important because more, and more of us are using mobile devices these days, and we don’t always want to be chained to our computer, and sometimes we have to be on the move, so making the software available of mobile devices, again, will create more profit for you, the user.

The Matched Betting Software

I have just looked at the software, and there were profits all over the place to be had, and that is without even looking at the dutching, and in play software.

For example, look at the following screenshot I have just taken after logging in:

matched_betting

As you can see above, on the left hand side are the percentages of profit you can make, and there are pages of these.

As shown above, you have, for example (anything over 100% is your profit):

119.61

116.03

114.33

Etc. Etc..

These are all profit percentages that you can take immediately, meaning:

19% profit

16% profit

14% profit

Etc. Etc..

Guaranteed Matched Betting profits – quickly

Inside seconds of logging into the website/members area I can see around £400 worth of profits that can be taken immediately, once all the bets are placed, and there are more pages, and other offers, including dutching which give more profits again.

For example, a quick scan of the dutching software shows around £200 of profits to be taken on the first page of the software.

Also, the software quickly tells you how much to back, and how much to lay, where to go, links to the websites of bookmakers to bet immediately, and links to Betfair, and  SMMarkets to lay immediately, meaning you can lock in the profits very, very quickly, and they are then guaranteed.

The Matched Betting Software has been designed with a number of filters in place so that you can search exactly for the bets that you want. This includes things like team names, match names, competition names and even the start time.

There are also a number of features built in which are designed to help you to make the most of horse racing matched betting, with the software being able to both alert you when a bet matches your criteria, as well as the ability to constantly refresh itself so that everything is up to date. Again, this is very important.

There are also a number of bonus features that have been built into Matched Betting Software which allow for live odds on in play betting (which are updated rapidly allowing you to capitalise on any opportunities). The software also comes with the ability to identify arbitrage opportunities as well as dutching bets, all of which allow you to bet with little to no risk.

There is also full training provided on how to use everything, as well as comprehensive support from Mike Cruickshank and his team.

800-a-month-matched-software

Does The Matched Betting Software Work?

For those who aren’t familiar with how matched betting works, it basically involves taking advantage of bonuses from bookmakers and betting in such a way that bets are guaranteed to profit one way or another.

I won’t go into too much detail on it here as there are plenty of detailed guides online, but it is widely regarded as one of the safest ways to make money on the internet today.

By allowing you to quickly identify bets and relevant odds, Matched Betting Software can give you a massive edge when it comes to matched betting, allowing you to find the best bets, and get the best odds before anybody else. This opens the door for increasing your profit but perhaps most importantly, it can help free up a lot of time.

the_actual_matched_software

How Much Does The Software Cost?

At the time of writing Matched Betting Software is priced at just £1 for your first 30 days (I advise you to take full advantage of this, because you can make some good returns for just £1) of access which is a trial period to get to grips with Matched Betting Software and see if it is for you. Once this has elapsed there is a one time payment of £98.97 which allows you access after this. This does seem to be an introductory offer only however as Mike Cruickshank does mention that the price may go up to £249 – and he has been known to put his prices up.

Should you for some reason find that Matched Betting Software isn’t for you then Mike Cruickshank rather generously offers another 30 days after paying the full amount to claim a refund if you aren’t happy with the software.

Profits From Matched Betting Software ?

The amount that you can earn with Matched Betting Software will ultimately depend on how much you want to invest. To create some context on things, Mike Cruickshank says that making £800-1000 per month is a realistic number. But again, time being money, as with anything else, it will all depend on the effort you put in, but the software means you can make far more profits for much less effort than before.

I happen to know however, that there are people who have made several times this figure during beta testing of the software.

The headline for Matched Betting Software starts with Mike Cruickshank saying that you can make as much as 10 times your earnings, and that over 3 months, hundreds of his clients have made in excess of £5,000 – and it is not difficult to see why when you actually see the software first hand.

Free Bonuses Included With The Betting Software

There are many useful bonuses that Mike has included in the product, and all are used to make even more additional products, including the following:

bonus-1 bonus-2 Bonus-3

 

My Conclusion on Mike Cruickshank’s Matched Betting Software

When Mike Cruickshank’s name is on something it is worth paying attention, and his new product ‘Matched Betting Software’ isn’t any different. The fact is that the guy pioneered what could be done with matched betting and he and his clients have made some very substantial amounts of money through the method. If you have read my other reviews on Mike’s products, you will see that some clients have made over £50,000+ in a little as three years from his products, so we are talking about big sums being made.

Anybody who knows me, or who has read any of my reviews will know that I do not hide the fact that I am a huge Mike Cruickshank fan; the guy is simply a genius in the gambling, and betting arena;  in fact I have spoken to Mike many times, and even interviewed him for this very website, which can be heard, and read here – Ben’s Interview with Mike.

The bottom line is, by helping to take away some of the margin for error, Matched Betting Software helps you to not just make more money, but arguably make it safer than ever before. The thing about Matched Betting Software though, is it isn’t just about making more money, it is about freeing up your time.

Finding matched bets can be a job in its own rights – it is not always easy. You have to find potential bets, find offers, look at laying odds, calculate what needs to be bet and where. Even with the help of somebody like Mike Cruickshank it could be difficult.

Matched_Betting_Software

Matched Betting Software does a fantastic job of removing all the annoyances of matched betting, and it makes matched betting easier than it has ever been. This is fantastic news for those who already use this method of making money, and those who are new to it. Basically, if you are a ‘Bonus Bagger’, you will love this software!

I have always have sung the praises of Mike Cruickshank and his services because he is head and shoulders above the competition, but with his Matched Betting Software, he has definitely taken the game to a new level.

I cannot recommend Matched Betting Software enough and in my opinion, this is exactly the kind of thing that everybody should have in their portfolio whether a beginner or a seasoned pro. It is a straightforward way of making guaranteed profits, and I don’t think I can say much fairer than that.

Start The Matched Betting Software Free Trail

To claim your 30 day free trial, please click the button below. Basically you can try out ALL the claims made by Mike for just £1, for 30 days, make some money and see what you think 🙂

Remember, Mike Cruickshank has the best name in this business, his previous products are record breakers, and always receive positive reviews because he knows what he is doing.

 

30-day-matched-software-trial

The post Mike Cruickshank Matched Betting Software Review. Mike’s Latest Product Can Save You a Lot of Time appeared first on Money Makers Reviewed.

TSOHost Reviews, Can Their Support Be Trusted to Host Your Website Business?

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TSO HOSTING COMPANY If you have found this page, then you are probably looking for reviews for TSOHost, and their hosting company. Now I have used many hosting companies over the years, and they all advertise benefits, and features, but how true are the claims?

I have hosted several websites on the TSOHost platform for around 6/7 months now, and I just wanted to put a little warning message to those who believe they are 100% secure, because I have found a few issues which I feel should be highlighted.

If any of you read my Heart Internet Review, you will know that I am a big believer in being in control of your own website, back ups, domain and owning the ability to migrate your website as quickly as possible, and that it is only when things are going wrong, do you appreciate a good hosting company.

Who are TSOHost?

TSOHost are owned by the Paragon Internet Group, but there are also connections with the much feared Endurance International Group, who I also discussed on my Heart Internet review, and their habits of buying up smaller hosting companies, and stripping out the support, and general ‘goodness’ from what was initially being offered.

Therefore, in my opinion, when hosting with TSOHost, you are already at the mercy of this ‘stripping out of the goodness’ from what was a good company, which started with good intentions, but then subsequently went on a declining slope as far as customer service is concerned.

I initially started using TSOHost due to my problems with Heart Internet, and as we all do, we go to Google and do a search for reviews. Actually, I read some good things about TSOHost from a Facebook group of WordPress users, and some of them actually indicated that TSO might be what I was looking for.

So off I went in search of the ‘reviews’ and was pleasantly surprised at what I found. Mostly good reviews, and some recent reviews from unhappy customers, like the following:

TSOHost Customer Reviews:

tsohost-customer-reviews tsohost-review2

My Personal TSOHost Experience:

Anyway, this is about my review and my experiences with TSOHost, so let’s get started…

Where websites are concerned, hosting is everything, and reliable hosting gives you peace of mind, but finding reliable hosting is not an easy task. As already mentioned, I based my decision to use TSOHost of a Facebook recommendation, as well as online reviews.

If you own a website, or have owned websites, then you will know that a hosting company will fall, or rise by it’s support.

You MUST have good support for your website, especially if your website generates an income, otherwise if something happens to your website, or it goes down (which it will…) then you need to be able to obtain the following:

  • Easily be able to contact the hosting company.
  • Ideally by ticket, email AND phone, if needed.
  • Clear communication.
  • Timescales for any fixes that are applicable.

My Migration to TSOHost

My old website was not on the cPanel format that TSOHost support, so I contacted them before deciding to use them to see if they would help with the database transfer, and unzip all my website files once migrated.

This part of the service was almost seamless, and I was initially impressed. TSOHost installed my website, and on first impressions the website was fast, responsive, and working extremely well.

I was also able to contact them on the phone up to about 11pm, which all seemed fantastic. The people on the other end of the phone were also knowledgeable, and it seemed a great choice to use them.

In fact, the day after installation I received a telephone call from one of the managers to ask if I was satisfied with the service so far. This pleased me a lot, because I thought if they are so ‘on the ball’ at the start, then this can only lead to good service later on.

After about 24 hours there was an issue I could not solve myself, and as it was late at night (after the phone support cut off deadline) I sent them a ticket, and thought at sometime in the night, or after a few hours I would get a reply, and a fix to this little problem that had occurred.

Now one of the main reasons I decided to use TSOHost was that they CLEARLY advertise on their website that they offer 24/7 support. In fact here is what they clearly advertise to entice new customers:

tsohost 24/7 support

(Image copyright TSOHost)

That’s pretty clear, yes? So you would think if you had a problem with your website at any time of the day, or night then support would be able to rectify any issues, and that you would also be able to contact them easily?

Exactly, that is what I thought also…..

Anyway, the ticket was not updated until around 9am the next morning – about 9/10 hours after submitting the ticket.

Hmm…. Anway, I thought I would give them the benefit of the doubt, maybe it was a ‘busy night’, and that they had a change of shift, or ‘something’..

A few days later, I had another issue, so again, as it was late at night I submitted a ticket, but this time I was very curious as to what their response time would be.

Yet again, the ticket was not answered until 9am (ish) the next morning. Luckily it was not an important enquiry, but if it had been then my website would have been down for 10 hours!!

I queried this with one of the managers, who said they would be adding more staff to fix this problem, and that although they did offer support overnight, it was not highly manned.

The conclusion is:

TSOHost Do Not Have Night Time Support!

This is a fact, and I have tested it a few times since. If you submit a ticket after 11pm, then your ticket will get answered in the morning, around 9/10am when they have staff in the place.

This means, that if you have a website issue, say your website goes down after their phones close at 11pm, then your website will be offline all night. Not great eh?

tsohost-complaints

Also, something else I have noticed about TSOHost support, is that even during the day, if you are lucky enough to get an email reply inside 2/3 hours, then the reply will usually be asking you something else – something that they could easily, and quickly check themselves, meaning you will reply with this ‘easily found’ answer, and will then have to wait another few hours for a reply.

Not good, not good at all.

This is actually false advertising, because TSOHost know for a fact that people will be attracted to their website based on this advertised “24/7” support, but it is not delivered, so I am sure the Advertising Standards Authority would have a lot to say about that.

TSOHost are cheap as chips, BUT.

Yes, TSOHost are cheap, very cheap in fact compared to some other providers, and when things are going well, things are fine. But, as with ANY hosting company, they are only really tested when you need support, and this is the time to see how good they are.

In my opinion, they have set their support up just to ‘clear tickets’.

Think about it though, why would a company do that, because it is false economy. If you are not providing the correct answers to your clients, then obviously the same clients are going to be coming back time, and time again giving more ‘easily found’ information, and this whole farce means that other customers are being delayed in their responses also.

It becomes a merry-go-round queue, and one that could be expensive if you rely on your website.

My TSOHost Complaints

My main complaint is the poor support, and it is poor. My ticket inbox is full of responses that were left until the morning, promises that things ‘would get better’, but today I had to send them another ticket, the first one for a few months, and sadly, the support is just as bad; being sent in circles and an end result that takes twice/three times as long due to their inability to be proactive.

As I have already said, what is the point of having decent facilities, and benefits if the actual support is letting them down, with support being the number one factor is hosting websites.

I cannot Recommend TSOHost

I really wanted to be able to recommend TSOHost as everything started well, but unfortunately the service is simply too poor for professional use, and although they may be attractive for pricing, such attraction quickly vanishes when you are met with bad support, and unfortunately, that is the situation for me, as a customer.

Take my advice, and find a hosting company that has good support, although they are not easy to find, but it will save you a lot of frustration 🙂

The post TSOHost Reviews, Can Their Support Be Trusted to Host Your Website Business? appeared first on Money Makers Reviewed.


Charlie Burton AdvantEDGE Review. A Forex Training Course.

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Charlie Burton AdvantEDGE ReviewLanding through my letterbox yesterday, was a promotion for Charlie Burton, and his new product AdvantEDGE which is a Forex Trading course. So, I feel like it is time to put all of my cards on the table regarding a certain subject…

I do know that most people can find Forex confusing, and I used to be the same. This doesn’t mean that I don’t understand it, but the sheer volume of numbers can be confusing if you have not had a good enough teacher.

And although I am not a teacher, I like to think that I am a half decent reviewer 🙂

And for those that don’t know, Forex is a currency trading platform. Basically you are ‘betting’ against the rise, and fall of the world’s currencies, and their value. You are ‘betting’ which direction the prices will go, either up or down, and the points inbetween these is where you can make a profit, and a fair few people make their living this way.

Come to think of it, I remember a documentary on TV a few months ago, where this young man from London (and I mean young, he was about 21) was making a fortune trading the Forex markets, 6 figures a year, driving around in sports cars, buying his parents houses, and all kinds.

If I remember rightly, he was a graduate, with his chosen subject being totally unrelated to how he now makes a handsome living  – taking my reviewer’s hat off for a second, that translates to a load of cash. I actually remember thinking at the time “If only…” 😛

Acually, I am going to find the article right now… bear with me.

Yep, here it is. A chap called Elijah Oyefeso, 21, who now works for just an hour a day, and makes around £30,000 a month:

Mail-online-Forex-Story

(Copyright DailyMail.co.uk)

I know, I know, I am going around the houses slightly, and you want to know about this letter/email you have received about Charlie Burton AdvantEDGE. Interesting stuff though, eh, and who wouldn’t want to ‘work’ for an hour a day bringing in that kind of income? People do though.

Right, back onto the review..

With this in mind I haven’t ever really found myself having the balls to commit to a Forex product before now, especially given some of the ludicrous claims that you hear. Although since that documentary I mentioned above, I had planned to look at it in some more detail this year.

But like I say, I have been reading and researching this news Forex offer since yesterday; including the man behind it, and I am definitely going to look further into it now!

Charlie Burton Forex Trader

Having done my research over the last 24 hours since the mailshot landed, I have to say that this looks very diferent to some of the usual rubbish that gets promoted, and this is mainly because Charlie Burton is involved, who is a very well respected Forex Trader.

Before I explain what the product is, let me explain the credentials on Charlie Burton, based on what I have found:

  • 17 Years+ Full Time Trading Experience.
  • Presenter at IX Investor and The London Investor Show.
  • Featured By The BBC on Traders, and Investments Show.
  • Millionaire Currency Trader.
  • Trusted by large hedge fund trade companies.

High credentials indeed, I am sure you will agree.

So what is Charlie offering?

Charlie Burton AdvantEDGE Forex Trading Review

Product Title: Charlie Burton AdvantEDGE

Buy From Where? http://www.simply-one-click.co.uk/  – read this review first, it took me ages 😉

Price: £89.95 for the first three months, going up to £149.95 for the remaining 9 months. Thereafter ongoing access to the indicator is priced at £29.95

What You Get: 

  • It’s a 12 month Forex Trading course
  • Software to indicate suggested trades.

Promoted By: Waverley Media

Guarantee: There is a money-back guarantee for the first 30 days, so if a customer tries it out & decides it isn’t for them, providing they change their mind in the first 30 days they get their first months payment back.

Broker Guarantee: The broker has also offered a 30 day protection on a bank of £300 – so if you deposit £300 into a live trading account, and assuming you only take trade recommendations by Charlie Burton, then if they lose money in the first 30 days the broker will refund up to the £300.

This means, that as well as the 30 day guarantee, you also get £300 of any potential losses reimbursed.

A confident guarantee indeed.

Charlie-Burton-Forex

So What Is Charlie Burton’s AdvantEDGE ?

During my research I have found that Charlie Burton is a seasoned, professional Forex trader. I have even gone back many years to see if I could find any ‘dirt’ on him, and found nothing. All I could find was positive comments from his past customers, and the Forex industry as a whole.

Charlie trades full time, and therefore he does this for a living, in fact trading the currency markets has made him a millionaire; and now what he is offering, is for you to join a trading course where he will teach you about the industry, but more importantly, the course members will also gain access to a piece of trading software which will choose trades by Charlie himself.

Put simply, when the software is loaded up on your computer, it will alert you to a trade, and ask if you wish to take it. The website states that these trades will happen 2/3 times a day, and it is up to you if you decie to take them.

The website also suggests that you can increase the number of trades by learning exactly how Charlie makes his ‘big money’, and that by following the advice, you can increase your profits even further.

Here is an example of a trade alert, asking you if you wish to take the trade;

AdvantEDGE_Trade_Alert

When I say Charlie chooses the trades, he has programmed a piece of software to think, and act on the exact same triggers that he personally uses, and then the software will alert you when to take a trade.

Basically, the software will allow you to follow one of the most respected traders in Forex today (I have written that because genuinely, after my searches this guy is as clean as whistle!).

With that in mind when I saw the term “Forex” in the subject of the letter I instantly dismissed it. Too many scams out there I thought. This should be the end of the story but after doing my usual digging, it clearly isn’t.

I must admit, that I put the letter to one side yesterday. Later on I was re-reading it when something jumped out at me, specifically a name.

Charlie Burton. I knew that I’d heard it before somewhere and instantly, that niggly little voice in my head was going to work, telling me that I had to find out where I recognised it, or it’d drive me insane. I get that, remember the DailyMail thingy above? I have to find things out if they are niggling me… 😛

A quick search later and it came back to me. Charlie Burton appeared in a BBC documentary that was all about traders and how they make money. I only vaguely watched the show but I remember being impressed by his approach to trading which was no nonsense way of communicating, as well as (I have to be honest here) his seemingly amazing lifestyle. Anyhow, my itch scratched, I decided to have a look at what is being sold and frankly, I was rather impressed.

What is the profit potential with AdvantEDGE?

I know the difference between trading and gambling, and I also know that as far as currency trading is concerned, that gradual growth is what matters, and managing your risk as much as possible, and Charlie (well, the website) states that you will be risking no more than 1% of your trading bank, which seems reasonable, although as far as income potential is concerned, this is what is stated on the website:

AdvantEDGE_Income_Claims

My curiosity got the better of me….

I have now joined Charlie Burton AdvantEDGE

Yes, I joined AdvantEDGE yesterday afternoon, and am now a paid up customer.

On first glance, the AdvantEDGE members area is massively comprehensive in detail. So much so that I couldn’t begin to break everything down here, but to provide some perspective on just how detailed it is, AdvantEDGE actually runs for 12 months. It is a fully fledged course. I think the onus is about making some money with the software, whilst at the same time teaching members to make even more. All good so far.

Once logged in, Charlie Burton introduces users to Forex trading, what it entails, how to trade, how to remain disciplined. There isn’t a stone left unturned during this and the whole thing is well laid out.

Remember, I, like you have never used Forex before (I am guessing you have not, anyway, hence why you are reading my review).

A big part of this, is that as well as showing you what you need to do to be a successful trader, what to expect etc. AdvantEDGE also comes with a piece of software that looks impressive. It indicates for you the suggested trades that Charlie Burton has selected (using an algorithm built into the software), specifically for his AdvantEDGE program.

What I like about it is that it provides continued access to these selections automatically without any input required, but also helps you to look for why a trade may have been selected in the other training materials. And as Charlie himself has made the selections, you are getting indicators of what is making a profit directly from somebody who does this for a living.

Just out of Interest, and to put a voice, and face to the man himself. The following video is Charlie speaking about his trading at the Showfx World Conference a while ago:

As you can see, Charlie is professional, articulate and knows what he is talking about, and this product, AdvantEDGE, Charlie is promising a profit to new customers of the training course…. or your money back.

Charlie Burton AdvantEDGE Guarantee

I’ve said that AdvantEDGE runs for 12 months, and for this kind of product running for this kind of length of time, you would expect there to be massive costs involved. Unfortunately, I have to disappoint you here, because if you are like me, you will be pleasantly surprised. Your first 3 months cost just £89.95 (less than a cup of coffee a day as they say), whilst the remaining 9 months are a further £149.95.

These numbers are very reasonable, and the kind of Forex products I was discussing earlier I have seen advertised at thousands of pounds. With that in mind, AdvantEDGE is something of a bargain from what I have seen so far.

On top of this, there is one of the most genuine money back guarantees that I have ever seen.

As well as providing a 30 day money back guarantee with Charlie Burton AdvantEDGE (meaning you can really get a feel if it is for you), Charlie Burton has arranged for the unprecedented. If you deposit a bank of £300 into a live trading bank, follow Charlie’s trades, and lose money in the first 30 days, the broker will refund up to the £300, as well as getting yuor subscription payment back!

This is unheard of, and I have never encountered anybody selling a product who is so willing to put their money where their mouth is.

Conclusion of Charlie Burton AdvantEDGE?

So what do I ultimately think of AdvantEDGE?

Has it sent me over to the Forex side?

The answer is rather complex in some respects. I feel much more educated about Forex trading and I also feel less like it is a complicated quagmire than I used to. It is clear to me that Charlie Burton knows his stuff inside and out and he has demonstrated it many times over.

This gives me real faith that with time and his guidance, anybody can make Forex trading work for them.

But remember there is a guarantee also, not only on the money paid, but on losses up to £300, which I feel is important, therefore all you have to do, is make sure that your losses do not go over that amount and you get to test this product for no risk – And I like that part of it 😉

Also, if you look at the following chart, you will see that the publishers, Waverley Media seem to have been testing Charlie’s software over the last 11 months, just to make sure that it works. The image is a bit small, as I have to make images small on this website due to the width being narrow, but the image shows that over the period of the testing (11 months), every month made a profit, which over the months averaged out at 9% growth per month (9% profit per month):

forex-growth

One of the things that really impressed me about the whole operation is that there is no bull crap fed to you. Charlie knows that Forex trading is hard work and AdvantEDGE really helps you to prepare for this. But initially, the software you gain access to makes easy work of quick profits, whilst at the same time building you up to become a fully fledged trader.

This means that when you’re sat looking at charts, you don’t suddenly feel overwhelmed or out of your depth which helps keep the discipline that is so important (as AdvantEDGE mentions several times). The software does it for you, and as we all know, it is much easier to learn something when you are already making money, and have some momentum behind you – which is what the indicator (software) will give you.

So will I be trading in the future? I actually think that I might be (time permitting). Everything looks easy enough so far, and let’s see if the indicators, and automated selections from Charlie make a profit over the next month, and if not then I have lost nothing.

Further Thoughts on Charlie Burton AdvantEDGE

AdvantEDGE has definitely reignited my Forex interest (remember I had planned on looking into Forex this year) and whilst I don’t think I will be reliant on it as a method of income yet (unless I prove to be the next Warren Buffet accidentally), as I do have other interests, I will be trading, and testing this out.

The fact is that for me, I enjoyed what AdvantEDGE has shown me so far, and I want to continue this and see where it leads, but I think I’ll be keeping my stakes small, and ensure that I stay under that £300 guarantee amount, at least to start with.

Charlie himself is extremely plausible, and highly successful in what he does, as well as being highly talked about is all currency trading circles, and you certainly dont get to own a home like this, with a porsche outside without knowing what you are doing:

Charlie_Burton_Porshe_and_House

Nice house, nice car, a millionaire from trading, he has to be onto something, right? So let’s find out, and make a few quid at the same time 🙂

To me, AdvantEDGE is worth every penny so far, and is a definite five star product as far as content is concerned, most importantly, at a very fair price. This really is very fairly priced. I have looked at some Forex products which were stupid money, and from spurious traders.

This guy is well known, and I seriously doubt he would risk such a reputation on a product, and indicator that does not work. He obviously does not need our money, so why would he risk it. I suspect he wouldn’t, and that (again from my research) he just loves teaching others how to trade.

If you are looking to gain insight into Forex trading then I don’t think that you can do much better than AdvantEDGE, and I certainly don’t think you can for less than 4 figures. This product is, in my opinion, extremely low priced compared to alternative courses; and alternative courses that don’t offer the guarantees that AdvantEDGE does.

My recommendation is to try it. The guarantees alone are protecting you, and based on what I have read in the member area, the content, and from my research of Charlie himself, I will give it a 4.5 stars on the review, and assess things at the end of the 30 days (time permitting), and update accordingly, as I always do.

Just as a final note, I was just thinking to myself, that have you ever watched TV,  a documentary or similar (I do this all the time) on how the wealthy live, and how they made their money and thought “I’d like a bit of that, if only I could learn what he/she knows”. Well, for once, I actually think this product fits that exact situation, and you CAN learn how it is done, from somebody who has proven it.

I am very impressed with what I have seen so far, and I am very interested in how this will pan out. I will add some content from the member’s area over the next 24 hours, to show you what to expect.

 

 

 

The post Charlie Burton AdvantEDGE Review. A Forex Training Course. appeared first on Money Makers Reviewed.

I am testing a new place only Horse Racing System by a friend of mine.

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horse-racing-system-on-test

At a friend’s barbecue a few weeks ago, I got talking to an old family friend who I had not seen for a while.

As we were talking he mentioned my website, this website, and told me that he has a place only horse racing system that he uses that works really well for him, and has done for many years.

Now this guy is salt of the earth, and very level headed, so I decided to delve deeper into what he was saying.

After discussing further, I asked him if I could trial this system on my website, and he agreed, so I will be trialling it, and putting up the results.

What Is The Place Only Horse Racing System?

This is a place only horse racing system, which means you are betting that the horse will place in the first 2/3/4 positions of the race, and if they do you will win, and make a profit.

Depending on how many runners the race has, will decide on the amount of places a bookmaker, or Betfair will give you to bet on.  Obviously the more runners, the more placing positions will be offered.

I asked Tom (The family friend) what his ‘system was for his selections’, which he didn’t want to give me, but he was fine with him giving me the selections, and said he would text me every day with the selections that he would be using himself, and told me to try it with level stakes.

Obviously I have no idea at this stage if a profit will be made from this place on betting system, but Tom’s confidence dfinitely captured my interest, so if it does produce a profit, you can be rest assured I will be trying to get the methodology behind it 🙂

Place Only Horse Racing, The Selections.

I will be starting with a £1000 Starting bank, using 10% per stake.

For example, I will be using £100 per trade.

I think 5% would be better, and offer more protection, but I think if there is a long losing run, then even at 10% it would give a good indication if there is any merit to this. Let’s see what the results bring in, and see if it can be tinkered with in any way.

I started testing this yesterday, 10th June 2016.

The horses chosen are NOT all Favourites, and not all odds on, the criteria I am told has nothing to do with the odds, or whether it is the favourite or not.

Here are the results for the place only horse racing system, which will be updated until it turns out to be useless, or it makes a profit. I will add up daily, if a profit has been made, and I will leave out Betfair’s 5% commission for now, because this is not only just for Betfair, some bookmakers also offer place betting.

Place Betting System Results

£1,000 Starting Bank = 10% of Bank = £100 per bet

Selections will be placed here before the races start:

Friday 10th June 2016 –

EASY TIGER at Goodwood 18.45 placed 2nd at 1.54   = £54 won – Bank Now: £1054

Saturday 11th June 2016 –

CAIUS MARCIUS at Hexham 14.40 Placed 2nd at 1.23  = £23 won Bank Now: £1077

BRONZE BEAU at Leicester 19.10 Placed 2nd at 2.58 = £158 won Bank Now: £1235

Sunday 12th June 2016 –

No Selections Today –

Monday 13th June 2016 –

NAM HAI at Nottingham 21:10, unplaced at 1.42  = £100 lost – Bank Now: £1135

Tuesday 14th June 2016 –

No Selections Today –

 

Just to say, I am not yet sure if a staking plan will work with this, or whether level staking is enough, although I will be testing either way, and also using my own experience to see if anything can be improved, should I work out how Tom is selecting the horses 😛

How Does Place Betting Work?

If you go to Betfair, and then select the Exchanges, then select horse racing, then you will see once you have selected a race, that on the left hand side place betting will be offered, as on the following image:

Horse_racing_place_betting

Now because you are place betting, and taking advantage of the fact the you can win the bet by the horse finishing in the first few positions, the odds given by the bookmakers, or by Betfair will be less. Which makes sense, because instead of having a single chance to profit, winning the race for example, you now have as many as 4 chances to make a profit.

As you will see on the image below, now that place betting has been selected on Betfair, the odds for the same horses (check the above image) have now reduced (check the image below):

placed-betting-lower-odds

Therefore, if the selected horse at 14:45 at Sandown was ‘Kings Pavilion’, you would then double click the back odds (2.46) and your place only bet, and this would then be entered onto your Betfair betting slip.

Also, on the betting slip, Betfair will tell you how much profit you will make, and more important (as this is place only) the betting slip will advise you of how many places you have placed your bet on:

how-many-places-given

As you can see from the above betting slip, if you horse finishes in the top three (3) positions, then you will make your profit, in this example, you would make £14.60 profit if your horse finishes in the top 3.

Just out of interest, the horse in the above example, Kings Pavilion came third in the race, so £14.60 would have been won to £10 stakes, or £146.00 would have been won to £100 stakes. Proof here: http://www.sportinglife.com/racing/results/11-06-2016/sandown-park/result/727288/betstars-by-pokerstars-handicap

Now there are some variables with place only horse racing.

For example, the places given are related to how many horses are running, so if you place your bet, and then some runners pull out of the race, you may find that the places given are reduced, and the winnings paid out are reduced based on ‘reductions’, but these are variables all systems, and methods will have, and I would not worry about them when basing results over the longer term.

This makes sense, as you have more chance of winning with less horses, so Betfair (or any bookmakers) will probably reduce the places given.

I am told by Tom that this situation is not usually a problem.

Conclusion on Place Only Horse Racing System

Here will be my conclusion on Tom’s system, whether it works, or does not work.

One thing Tom did say, was that it is a long term system, and that nothing ever works short term, which we all know, so I will be giving this a good trial for a few weeks, and see if there is any merit in it.

As mentioned, it may turn to nothing, but we will see. Tom thinks I will be surprised at the results, and the profits.

If it works, and turns a decent profit, then you know exactly what I will be doing, I will be trying to get the method of how he makes his selections. If it fails, then I will of course laugh at him every time I see him 🙂

 

 

 

NOTES: On the Saturday the 11th June, there was another horse selected that lost, but I have discussed this with Tom, who said that because he has never offered his selections to anybody before, that to him, this would not have been a loss, as he would have (and did) layed the wrongly selected horse off.

My initial comments on this at the time are below:

STAY IN MY HEART Saturday 11th June at Hexham 16.25 horse fell at 1.23.

(Tom tells me today STAY IN MY HEART should not have been selected, and he realised it didn’t meet the criteria after sending me the text, and that he layed it off after realising his mistake, to neutralise the bet, but he didn’t tell me that until today! So I will have to keep it in the results. I have a fair bit of trading/gambling knowledge, so I have an idea of how Tom is selecting his bets, and if I am right, STAY IN MY HEART should not have been selected. I suppose I will only know this for sure if he tells me his selection criteria later on, so I can back check it…)

Incoming search terms:

  • horse racing systems review

The post I am testing a new place only Horse Racing System by a friend of mine. appeared first on Money Makers Reviewed.

What Are Binary Options? A Full Review on Binary Options Trading Explained.

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Bnary_Options_Review Are you interested in Binary Options? Well, if you are then you have probably already run the gauntlet of information that is out there on what works; what does not, and what brokers to use.

I’m into what works online, as you already know from reading my other reviews, and since I also happen to write about the subject, I have a list of topics that I just know people are interested it – Binary options being one of them.

Binary options seems to be one of those subjects that although not particularly interesting to most, and are very interesting to a few.

The problem being, is what to believe.

Binary Options, and Dubious Marketing

Let’s start with the marketing of Binary products.  The marketing can be very ‘good’ with these type of products…

One of the most common examples of bad advertising that I see are products for trading binary options. I have had the somewhat dubious pleasure of running into this kind of thing in my capacity writing these reviews, they are a very divisive, full of grey areas, and are usually created to make the reader think that the writer knows more than they actually do.

There is one thing that you will almost always find when looking at a binary options product, and that is they are usually always highly persuasive, and highly polished in their sales material. There is a lot of money to be made in binary options, or so I read,  but from my research, this money is mostly lining the pockets of the marketers and brokers rather than you, the customer.

And because this is the case, the sales pitches are usually very ‘high production’ or they talk in hushed whispers of ‘bank breaking systems’, or ‘secrets’, which is usually nonsense to make you think they have something ‘unknown’.

The reality is, they are trying to ‘push your buttons’ 🙂

This is all designed to sound impressive to you as a potential customer. The fact is, that when in the advertising, you see somebody walking around a mansion, getting into a Ferrari, working with “real” people on a video, it is very easy to get sucked into the hype.

They are usually selling an unattainable lifestyle to those who are usually the most desperate, or eager to learn.

Just to point out though, I have absolutely no doubts at all that there are products that work in the Binary Options market, it’s just that it is also a market with so much rubbish written, and promoted; which does nothing whatsoever to promote what is geuine.

What are Binary Options?

Purely in tangible investment terms, a binary option isn’t really anything. What you are doing is purchasing a hypothetical option on stock, a commodity or a currency with a view to selling it immediately, or later for a set profit (I know that this sounds really complicated, but I will explain it later; it’s a pretty easy concept to understand once you have an good example).

Binary options are sold as being an ideal trading platform for people who have never traded before, because there are only two outcomes, you win or you lose. Whilst the same could also be said of any form of trading, Forex for example, the difference lies in the fact that binary options have a set profit.

This ultimately depends on which binary options broker you are using as different ones will set different prices, however this is usually between 30% and 80% of how much you originally “invest”.

How do Binary Options work?

When you “invest” in binary options you first choose what you want to trade on. This can be one of a number of different things, however the most common are a currency pair or a commodity. If you are trading against a currency pair you are choosing the value of one against the other to increase or decrease, with a commodity you are choosing whether the value will go up or down.

Once you have decided what you want to trade against you will be shown a current market value. You then have the option to “call” or “put” on the market price over a certain amount of time. If you call it, you are saying that you think that the market value will increase, if you put then you are saying that you think that the market value will decrease over your chosen timescale.

It is worth pointing out that when you say that the market value will alter, this is usually to 4 decimal places. What this means is that if gold starts at 1000.8000 USD/oz, you would be looking at it moving to .8005, the kind of market movements which you can’t really predict.

Binaries

What this represents is a binding agreement between you and the binary options broker that they will pay out at their rate of pay if you are correct and if not, you lose your initial stake. As you may notice at this point, the description of a binary option seems to have more in common with a bet than a real trade.

This is something that a lot of people have picked up on and is a big part of the reason that many traders want nothing to do with binary options, namely that the broker (or the house) has an edge.

This isn’t the only problem with binary options however. I have already explained the difficulty in trying to predict market movements in such minute detail, but what if somebody knows a market exceptionally well? There still remains the problem of guessing a timescale. A lot of binary brokers will restrict the times that you can trade over to at most 24 hours meaning that even if you “trade” longer term, you are locked into the value at the end which is still wildly unpredictable.

There are also allegations made through ‘The Times of Israel’. I will explain about this later, and with a reference point.

What is a Binary Broker?

At this point I have mentioned binary brokers, and it is time to address the elephant in the room of what they actually are, and what they offer.. I will also be very selective with my words as they tend to vehemently deny any wrong doing or anything that questions their business.

As I implied above, a binary broker is the person with whom you make the agreement of a trade. When you make a deposit with a binary broker they take ownership of your money (which leads many of them to use or suggest a variation of the term “bank”).

When you place a trade through them, that money is then handled very much like with an online bookmaker. If you win then the original stake and your winnings are deposited into your trading account, if you lose then they remain deducted from your trading account.

There are generally two types of accounts that you can have with binary brokers.

The first of these is a demo account, and they will typically give you a thousand dollars or so to trial the concept of binary options. This sounds like a great opportunity to play about with binary options to see if they are for you.

Unfortunately, you will usually be asked to make a small deposit in order to claim your demo account and by small deposit, I actually mean a minimum of $250 as industry standard (although you will be tempted to add more).

Many binary brokers will also offer incentives to deposit much more than the minimum saying that they will multiply your starting balance.

These often come with ludicrous small print however and will often mean gambling your initial investment many hundreds of times over before you are entitled to withdraw it or any winnings (matched bettors will know all about this rule…).

This is the kind of thing you will see as an incentive:

binary-options-demo-account

(Looks enticing right? But…….Always read the small print….)

One of the issues with binary brokers is that they present themselves as being entirely legitimate. Where they differ from (for example) a Forex broker is that whilst Forex brokers actually serve a purpose in that they provide traders with a platform to trade, a binary broker is entirely self-sufficient and operates outside of any wider framework.

Many brokers will also offer you support to help you to become a “better trader”. Much of this seems to involve you being encouraged to simply invest more money. This is money that as I have already explored, is very difficult to withdraw.

Are Binary Options Legal?

Binary options are very much legal although there are probably a lot of people who think that they shouldn’t be. Any misconception about the legality of binary options seem to be down to the somewhat unethical approach that they take and the fact that they aren’t regulated.

Their legality however, doesn’t mean that binary options are necessarily a safe investment.

Are Binary Options Safe?

Whether or not binary options are safe depends entirely what you mean. With the vast majority of brokers you can ultimately get your funds out, however this isn’t always easy.

Many binary brokers will require you to provide copies of things like a driver’s license, recent utility bill, a copy of the card you deposited the money with and that is only to get things started.

In fact, in a massively interesting article on the Times of Israel (again, I will link to at the bottom of this article) an insider of binary brokers says companies go out of their way to make it difficult to make a withdrawal and that “pretty much the company just refuses to give it [the contents of the account] up”.

What this means is that whilst you should ultimately get your money back, there will usually be a long uphill struggle to actively achieve this.

Who Regulates Binary Options?

When it comes to binary options and in many respects binary brokers and their regulation, there exists a massive grey area.

Fundamentally, the whole thing is unregulated with the only attempt coming from Cyprus (which along with Malta is where many binary options companies are registered). Unfortunately, their legislation only really applies to brokers that are registered in that country.

Here in the UK, binary brokers aren’t regulated by the Financial Conduct Authority (FCA) but by the Gambling Commission http://www.gamblingcommission.gov.uk/Home.aspx. It is worth pointing out however that this only applies if a binary broker has any remote gambling equipment located in the Britain.

UK_Gambling_Commission

What this essentially means is that unless they operate within the UK (which most binary brokers don’t), then you are on your own, unfortunately.

In the US the trading of binary options is seemingly rather more frowned upon.

In fact, the Commodity Futures Trading Commission and the Securities and Exchange Commission charged one of the largest binary brokers a few years ago for alleged violations of US financial regulations. This ended in the broker having to pay back $11 million to people that had allegedly been illegally signed up.

Can I really Make Money with Binary Options?     

The short answer on this is probably not, as it seems difficult to find a broker, and advice that you can really trust.

The fact is that when it comes down to “trading” on binary options there are only two outcomes and the structure (even when you win) inherently favours the binary broker. Whilst I don’t doubt that there have been some people who have made money with binary options I simply can’t see there being that many from the sheer number of complaints about the concept online.

What about products that say I can make money through their software or trading bot?

This is very much an article in and of itself, and is something that I eluded to at the start. In fact, these kind of products are exactly why I decided to write this. Honestly, I have taken to avoiding reviewing them because the outcome is always the same, namely that they are all rather naff.

Most binary options related products are aimed at those who are desperate or struggling a lot financially, and this is usually obvious in their approach. Many of them are marketed as bots or software that is guaranteed to profit.

They are also usually offered for free and claim some very incredible stories. Some of the examples that I have looked at before now include people claiming to be ex professional traders, IT geniuses and even in some cases, highly suggestive that they are privy to insider information.

Obviously these aren’t true and instead are the fervent dreams of unscrupulous internet marketers whose sole ambition is to rob you of your hard earned money.

This begs the question of how they are able to do this if they are literally giving away their products to you. I mentioned earlier that there is usually a minimum deposit and this is key to the many money making products on offer.

The marketer behind the service will most likely get a commission for anybody that they get to sign up with a chosen broker. This is why if you look at a lot of binary options trading products they will talk at length about their chosen broker.

Here is an example of a review website making Binary Broker commissions:

binary_option_reviews

(Read such commission based Binary Reviews with a huge pinch of salt!)

I have seen reasons that vary from a given broker being the only one the marketer trusts (although these usually change from one week to the next) to that broker being the only one that will let the software connect directly to it. All of this is of course rubbish and any chosen broker is usually because they are paying the highest commission for your cash.

The products that you then get for free will proceed to place (or get you to place for it) multiple different binary options trades with little regard for their success.

This is because as a marketer receiving commission, the more your customers are paying into a broker (and I can assure you that you will be prompted to pay in more once your initial deposit is spent) the more they can make off you.

So are Binary Options a scam?

I think that it is very libellous to call binary options a scam and whilst many websites are happy to throw that term around, I think it is best to see them in a starker light.

Binary options are really just a very bad way of gambling. They are not a scam in and of themselves. By educating yourself on them, you can see that rationally, binary options are no more a scam than a lottery (based purely on the odds of winning).

That having been said there is a lot of very shady practice involved at a commercial level.

When I say this I refer to both the products that are marketed and the brokers themselves. This is a market that is a market that is rife with pitfalls and has really been designed to suck cash from your pockets and make it very difficult to get it back again.

You can take what you will from that, but I would say before you do anything related to binary options you check full terms and conditions, because somewhere you will likely end up on the back foot.

Conclusion on Binary Options

There has been a lot of demonization of binary options recently and honestly, I can see why.

In their present form they are an unregulated mess and a law unto themselves. They exist solely to make money and whilst this could very easily be said for any industry, very few are designed to milk people in quite the same way.

I said above that binary options aren’t in their own rights a scam and I do agree with that statement (although I don’t think that they’re a good investment), but this is a rabbit hole that goes very deep.

I feel that it is necessary to point out that I have been reviewing products for some time now. I thought I had a pretty good handle on binary options but I am frankly shocked at how deep the deception goes.

It would seem that a lot of these European companies are actually operated by a number of Israeli citizens, and as a nation Israel is actively trying to ban the practice.

The tactics used by brokers and their employees are seemingly deplorable and where whistle blowers have come forward, there is a worrying ring of truth to what they are saying. The fact is that binary options are not an investment. You aren’t buying anything.

You are gambling on an outcome that according to one source interviewed, the brokers themselves insist on having control over, just on the chance that they are going to lose out.

They also make binary options seem like a glamorous or exciting way of making money. The websites advertise with buzzwords that are made to make you feel pumped up. Things like “turbo option fast trades” (lose your money quicker) or “the thrill of trading” (watching to see if you’re going to lose money).

Binarie Scam Brokers

Binary options products exist to make one person money and one person only, the brokers. If you are looking to lose money fast in a thrill of almosts, then by all means choose a binary options broker (because there are enough of them) and make a deposit.

If you want to make a solid investment or learn genuine trading skills then I would suggest looking more at Forex markets. Whilst these aren’t perfect either, they are damn close to fair than binary options.

To get an idea of how unfair binary options trading is, you simply have to read the disclaimers that brokers include on their websites. Almost all of these including in some way shape or form the statement that binary options are high risk.

They also talk at length about how you should seek advice from a licensed financial advisor (who will almost certainly tell you to leave well alone).

So are binary options worthwhile?

Absolutely not. Unless a UK company can come up with a way to diffuse what is a very messy industry, then I would not at this stage trading in Binary Options.

I simply cannot think of a worse way to spend your money. They are rigged in the favour of the industry, the infrastructure seems to only serve to take money from people and the worst part? Even when you get burned (because eventually you will), you are left to deal with these companies on your own as there is very little in the way of regulation.

This is something that a lot of countries seem to be fighting against however, especially as there are more binary options companies cropping up (and as mentioned, the US have already scored a pretty impressive victory).

Personally I feel that with proper regulation this flash in a pan will slowly disappear as it becomes less profitable. Right here and now though, I cannot recommend enough staying well away from binary options.

Authors note: I mentioned a number of times a certain article from The Times of Israel. For those who would like to read this (I should point out that it is rather heavy going) the links is below.

http://www.timesofisrael.com/the-wolves-of-tel-aviv-israels-vast-amoral-binary-options-scam-exposed/

Summary

  • Binary options have more in common with betting than actual investment, despite how it is presented.
  • Whilst binary options aren’t necessarily a scam in their own rights, the industry that supplies the service is very questionable.
  • This doesn’t change the fact that binary options are massively high risk.
  • More people lose money than make money with binary options.

 

 

The post What Are Binary Options? A Full Review on Binary Options Trading Explained. appeared first on Money Makers Reviewed.

Tipster Superstars Review, Are These Tipsters Worth Joining?

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Tipster Superstars Reviewed I have read a lot about Tipster Superstars over the last 12 months, and a few of my subscribers asked if we would do a review on them, so I have done some checking, and at present they seem to offer three tipsters.

Some of the detail, and content around the business is interesting, especially for affiliates, because their ClickBank set up is not paying out on affiliates from what I can see (I have proof also), which suggests that their whole set up may not be as it seems.

As mentioned, I have had a fair few of my own subscribers send me emails asking about Tipster Superstars, so it was on my list to check them out.

Who Are Tipster SuperStars?

Tipster Super Stars mainly promote via ClickBank, so have many affiliates supposedly promoting their tipster services.

The only page you will see advertised on Tipster Superstars is an opt in landing page, which does not really give any details away about what they offer, until they have your email address to send you promotions, which arrive as expected, even promoting products that have nothing to do with their service.

Just having a landing page does not exactly fill you with confidence, because you cannot really see anything about the people you ar actually paying for the service, not until you put your email address into their website. For example, here is what you see:

tipster-superstars

Anyway, as I wanted to test their affiliate side of the business (more on this later), I inserted my email address to see what they offered on the inside, and was met with a selection of tipsters.

Product Title: Tipster SuperStars Tipster Services

Price: £79 for three months service

  • 1 Points Per Win Service is £20 Per Month.
  • Double Up Profits is £15 Per Month.
  • The Winning way is £50 for 30 days, then £40 Per Month

What you get:

  • Daily emails from the respective tipster services, depending which one you opt for.

Guarantee: 60 days guarantee period, the products are purchased via ClickBank so a 60 day guarantee.

Where to Purchase: www.tipstersuperstars.com (Read the review before you look, though).

Tipster SuperStar Services.

There are basically three offer when you enter your email details into their website, and the profit and loss, plus profits made are detailed, but as mentioned elsewhere on this review, details, and results only go up to February (4 months old data)

  • 1 Point Wins

Launched October 2015
Profit Since Launch: 84.15pts
Profit Last Month: 28.93pts

Examples of Profits below (Ending February 2016 – No updated results).

1-point-wins

  • Double up Profits

Launched December 2015
Profit Since Launch: 48.99pts
Profit Last Month: 20.29pts

Examples of Profits below (Ending February 2016 – No updated results).

Double_Profits

  • Winning Way

Launched January 2015
Profit Since Launch: 396.94pts
Profit Last Month: -5.52pts

Examples of Profits below (Ending February 2016 – No updated results).

Winning_Way

Also, under the three main tipster services is an offer to try all the tipster services for 90 days:

  • Try all our Tipsters for 90 Days

Also on the Tipster Superstars website under the above tipster services is spreadsheets of all results, although it seems the latest results entered with February, which considering it is now June (at the time of writing), does not fill me with great confidence.

Personally, if a professional tipster service was promoting such tips, and wanted to generate new customers, then why would you not update the past results? It does not make no sense to me.

This means that any new customer would be taking a ‘punt’ literally when using Tipster Superstars because the reality is there is currently 4 months of missing data.

Tipster SuperStar Emails

Of course as I expected, as soon as I registered with Tipster Superstars, I was met with 3 emails being received over the next 3 hours, the first being a follow up to join their main three tipsters.

Although, the last email received was to join “Pete’s Daily Naps”, which was not their own product, and is basically an affiliate email so they will take a percentage of any customers signing through their link.

A quick search online for ‘Pete’s Daily Naps’ suggests that the service is not that great, and communication problems exist with the emails.

Tipster_Superstars_on_ClickBank

Tipster SuperStars Affiliates – ClickBank

As they were on ClickBank, I signed up to see what they were paying out to their affiliates, and the first thing I noticed was that even though I clicked my own affiliate link, there was no reference of this on ClickBank, which means that they, Tipster Superstars have affiliates out there sending them all this traffic, not even knowing that they will not get a cent for their troubles.

I questioned this with Tipster Superstars themselves, and they told me “sorry for the confusion”, and gave me another link.

Firstly, there was no ‘confusion’, facts are facts, their ClickBank affiliate set up is misleading affiliates, and basically, ‘tricking’ them out of commissions, so this immediately set red flags against what they offer.

I have video proof of this, which I sent to them.

For anybody who has never been an affiliate, then there is one golden rule – You treat them like gold dust, because these are the very people that are attracting all the business for you in the first place. Try to mess them about, and it usually comes back to bit you on the backside.

Once you have entered your details into their website, they will start sending you free, daily tips, which I suppose will be a good indication of what their main service will be like. I have started to detail their free tip results below:

Tipster Superstars – Free Daily Selections.

15th June 2016: 2.45 Hamilton – Dubai Knights

2pt singles and 1pt doubles (when more than 1 selection).

Result: Lost

I am not sure how long I will try the free daily selections for, maybe a week, and the results will be above.

Conclusion on Tipster SuperStars.

I simply do not understand how a service does not update it’s results. Maybe it is because the last four months have not been great, or that they have so many customers now that they do not need to place any onus of new customer generation?

Who knows, but one thing for sure, is that I personally would not use a service based on the lack of updates. Here is the message from their website:

tipster_superstars_not_updated

The irony is the comment “we try to keep these as up to date as possible, considering it is now the 15th June 🙂

Although, as they are using ClickBank, you are protected by the 60 day money back guarantee, so it could be worth taking a quick look at what they offer.

The affiliate situation also puts me off, because affiliates put a lot of time, and effort testing services on the vendor’s behalf, and to not see compensation for such effort goes against everything that is decent regarding the treatment of their promotions.

If you do decide you wish to try Tipster Superstars, then click here

 

 

 

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Ben’s Place Only Betting System, Turning £1,000 into £2,258.50 in 4 days

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Hi Everyone, I thought I would migrate the selections, and results from my place only testing on a new system I started testing. For all those who would have read the original thread, you will know that I was originally (and still am) testing a place system for a family friend of mine.

It was during the testing of Tom’s (The family friend) system that I had an idea, and started testing my own system based on a method I used to use a few years back.

I placed all the selections live BEFORE the races began, so that readers could see that the selections were available before racing commenced for the day, and then I updated the results after each race, to show the profit or loss.

What is Ben’s Place Only System?

I have always been interested in gambling, and I have also tested very many systems over the years. In fact I have oodles of file that I have printed off from previous testing which is still sat in my office gathering dust.

Many systems have good basic ideas, and methodology behind the ideas, but I think before Betfair came along there wasn’t really a possibility of long term profits without getting your bookmaker accounts banned.

As we know Betfair does not care whether you win, or lose, as it is an exchange where you are betting, or trading against other Betfair customers, with Betfair taking a commission no matter who comes out the winner.

Ben's Place Only Betting System

It was whilst testing Tom’s place selections, which can be found here, that I thought I would test something of my own.

The Benefits of Place Betting

Now place betting is unique I believe, in the fact that unlike each way betting, you are getting odds that are the same whether your horse comes first, second, or third. With each way betting the odds for second, third, and forth are usually a quarter of the odds that you would get with place betting, and this is a major advantage I believe.

Yes, the odds are reduced with place betting, compared with a direct win. The odds on a horse may be 4.2 for a win, and be 2.2 for a place, but the difference between you are spreading your risk of that 2.2 odds between three (3) places, which means that no matter which position the horse comes in, you still get the same odds, and this affords quite a few options when creating some kind of system.

Now you might think that wit the odds of place betting being reduced that most of the selections would be odds on. That is not true. In fact, over the 33 initial races I traded, the combined odds were 75.53, divided by the 33 races means the average odds on the selections were 2.28, which means that for every £100 bet, you would be making a profit in the region of £128, which is far from odds on.

Also, if you were betting on odds on favourites (which my system does not, as I do not pick favourites as a filter), then you would quickly have your betting bank wiped out with even the smallest of losing runs, but with place betting, as long as you can get decent odds, a losing run can be maintained.

So here are the advantages of place betting:

  • Decent odds – The odds are surprisingly generous considering you essentially are being given 2/3/4 chances of winning, depending on how many horses are in the race, and you can use filters on this if you like, to avoid smaller fields, or longer fields.
  • Flexibility in finishing places – You will make the same amount of profit no matter where the horse finishes, 1st, 2nd or 3rd, which takes a lot of pressure off you, which I feel is very important when gambling/trading.
  • Fixed odds amongst all positions – You know the odds before palcing the bets, and you will also know the profit return no matter what position the horse finishes, again, this is important for when creating a system around results.
  • No real calculations required compared to each way betting – Compated to each way betting, where if creating a system you would have to calculate 1/4 of the odds if say the horse finished in second/third, etc. with place betting it is simple, because win or place, the price and profit potential is exactly the same.
  • Excellent for systems – Due to the odds being the same no matter where you finish, place betting makes system creating simple in my opinion, because you know exactly where you are at any time, and once you have placed the bets, and they are matched on the exchanges, then you are done.

Ben’s Place Only System – The Results:

OK, so I started placing the selections onto the other thread (The other testing thread where I was testing Tom’s selections), on Wednesday the 15th June 2016.

The test was starting with a £1,000 betting bank.

I place the horses, the race course, the time the race started, the odds I got matched at, as well as the finishing positions. Then, after the race, I placed the results, and profits made (or losses).

If you check the posts below, you will see the daily posts I made, and the results.

So as you can see, over a period of 4 days I made a profit of £1258.50, which is a 125.8% profit on the original £1,000 starting bank.

Now you could say, yeah, anybody could do that over such a small time frame. But really, there were 33 races! Most tipsters will give you one tip a day over 30 days, equalling 30 tips, and would they have made you such a profit? I think not. I have tried tipsters in the past and they are usually utter garbage!

I suppose the main reason I have started this thread about it, was to highlight the possibilities with systems, and that they can be profitable.

I will also be updating the stats to show the potential profit with various staking plans, level stakes and progressive to realise the true potential.

As mentioned, I have already been getting a lot of emails about this, from people wanting to know the selection process, but before I even think about taking it any further, I will be spending more time seeing what can be ‘tightened’ up, because systems come and go all the time, and in my mind, the main two factors that make any system work long term, is the prices you can get (the odds) and the potential losing runs, and how they can be managed.

If after doing my stats it turns out that level staking is viable (and I know it is with the results in the comments), then I may look to take it further, but as with anything far more testing is required.

It has been enjoyable though, and I know a lot of readers have enjoyed watching over the first 4 days, my inbox has been inundated 😛

UPDATE on Staking Plans and Profits:

I have just finished doing the calculations on staking plans based on the results:

Increase the previous lossed stake by 50% increments = £1258.50 Profit = 125.8% increase on bank

This means after you lose a race, you add 50% to the next stake, so if £100 was lost on the first race, the next stake would be £150, or if you lost £10, then the next stake would be £15, etc. etc.

Level stakes = win or lose, no increase       = £703.00 Profit 70% increase on bank

This means that no matter if you win, or lose, the next stake is the same. For example, if trading with £100, or £10 level stakes, then win, or lose, the next stake would be the same, £100, or £10. This is level staking.

There are alternatives of course, using a compounding staking plan. So if you started with say a £1,000 betting bank, you could be conservative and use 5%, or 10% of your bank as your stake, and as you are winning, the 5%, or 10% would stay the same but the amounts trading with would be higher, and with a good win ratio, this would work very well. I might do the calculations for it later.

Alternative Staking Plans:

Using 10% of a betting bank and compounding = £673.73 Profit67.75% increase on bank

Looking at all the stats, I think the preferred staking plans I would personally use are the following:

Using 5% of a bank, and adding 50% increments after a loss = £629.25 Profit62.9% increase on bank

£1,000 betting bank, and using 5% solid stakes +50% after a loss, not a percentage of the bank, so simply:

£50, and if a loss a occurs, then the next stake is £75, then £100, etc. But the starting point being only 5% of a bank.

By using a 5% of a betting bank and increasing by 50% increments, so starting with £50, then after a loss £75, then £100, then £125, etc. would allow a losing run of 7, which when considering you have the first 3 places (sometimes 2) simply would never happen in my opinion.

Using 2.5% (£25 of a £1K bank) of a bank, and adding 50% increments after a loss = £435.50 Profit43.5% increase on bank

The bottom line is though, and which is considered (by some, not me) the Holy Grail of gambling = It works to level stakes.

As with ALL gambling, and trading methods, either place betting or otherwise, it is the increase on bank that matters, so that no matter what starting bank somebody can afford, they can easily calculate the increase of any bank in terms of potential profit.

So if you only had £100 to spare, then to level stakes, that would mean a profit of £70.30 after the 4 days.

Compounding Using Place Only Markets

Personally, and having just spent the last hour running various possibilities through the calculator, I would think that compounding would be highly efficient after the day’s trading has been completed.

So after my first day, when I made £132, I would have added that to my initial £1,000 starting bank, meaning I would then have had a £1232 bank on day two.

Then after day 2, when I made another £90 for the day, I would start day 3 with £1322,00, and on day three when I made another £442.50. I would start day 4 with a bank of £1764.50, and after day 4, when I made another £593.50 I would be starting day 5 with a £2258.50 betting bank.

Then if I had compounded after each day, and worked out the percentages, and could then start the initial trades at £200, instead of the first day’s £100, etc. etc.

All interesting, eh, and the intention of this post is not to sell anything, just for entertainment purposes only 🙂

Always remember though, that gambling and trading is always longer term, and the profits, or return on any investment should be taken over a much longer timescale. I have learned that through a lot of experience, time and dedication when trying to devise systems that have some merit.

It should be seen as an investment, and some months may not return a profit, but if a system can be devised that makes a low risk profit over a year, and the profits are reasonable for the time invested, then that, to me is a system that is worth while.

Gamblers have been trying to find such a system since bookmaking began…

 

Incoming search terms:

  • holy grail place betting
  • The great each way betting plan

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What is Forex Trading, Currency Trading and Can I Profit From It?

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What is Forex TradingThere is a lot of mystery surrounding Forex trading unless you are actively involved in trading the markets (and honestly, even when you are involved it can still be tricky). Given the nature of the beast, it is very difficult to know where to start writing an introduction without going into too much detail on one of many subjects that I plan to cover.

Perhaps the best thing that you can say about Forex is that it is the single largest financial market in the world. You may already know this, but are you aware of just howlarge the currency market is?

Estimates place the value of trades on the New York Stock Exchange at around $28 billion per day.

Forex trading is generally thought to be around $5.3 trillion per day. This immense volume allows for Forex to be one of the most liquid (and therefore attractive) markets in the world. In other words, serious Spondulix are traded in Forex, and currency markets 😛

And before I forget, we did a review on a very good Forex product recently, by millionaire trader Charlie Burton, which is a master at this stuff it seems, Click Here to Read it.

The real beauty of this hugely impressive financial ‘pie’ however, is the sheer number of people who are involved in Forex trading.

At the top there are banks and hedge funds, investing billions daily. There are companies looking to literally exchange currency (I will look at this later) and then there are individual traders. These are the little guys, often one man operations, who are able to make a living through this financial beast. When you see products related showing you how to be a successful trader, these are usually offered by small operators looking to increase profits on a training capacity.

What is Forex?

Let’s break it down into baby, and  easy-to-learn steps…

The term Forex literally stands for Foreign Exchange and this in turn literally describes what Forex is. It is an exchange for changing currency. That having been said, the main draw and appeal of Forex is that the prices are ever changing in real time.

This is the reason why when you go on holiday, the rate of exchange changes from one year, to the next; which can be annoying sometimes when you get less ‘bang for your buck’..

This means that a trader can come along and make money by trading based on whether or not they think a market is going to go up or down.

Trading based on the currency value is done via something called currency pairs. This looks at the value of one form of currency against another. There are a number of these currency pairs, however the main ones look at the British Pound, the Euro, the United States Dollar and the Japanese Yen.

The prices for Forex trading are typically quoted to multiple decimal places as the volume of trades mean even tiny movements can mean huge sums of money.

Whilst trading commodities isn’t something that is strictly handled through Forex, it is also hard to ignore that a lot of traders find that trading currency and commodities is an interchangeable process. Whilst there are a huge number of commodities that can be traded, the most common examples are oil, gold and silver.

This is mostly down to the fact that there are a large number of buyers and so these markets retain liquidity.

The follow video is also a good example on exactly what Forex is:

What do I need to trade on Forex?

Getting started as a Forex trader on paper is a very simple thing to do. You will need an internet connection, a decent PC, a trading platform, a broker and a (preferably sizable) balance that you have set aside for trading. That having been said, there is a huge amount of knowledge that you will need if you want to trade in a successful fashion.

This is where I feel that it is necessary to highlight the huge number of guides, books, softwre and courses that all claim to teach you how to become a Forex wizard overnight. The fact is that before you even consider trading strategies you should also consider the mental requirements.

It is not always as easy as it seems, folks 🙂

In order to trade successfully you must be disciplined, emotionally stable, not afraid to lose money and most importantly, that you can work well under pressure.

All of these traits are important as Forex trading is very much a solitary activity. You can spend a long amount of time, say, pouring over charts and looking for indicators.

Even then, there is no guarantee that a trade will raise its head and some of the more risk averse traders I know of will go a whole day without actually making a trade. This is where your discipline comes in as you have to fight the urge to start “playing” with your money.

Is Forex Trading hard?

There are very few people who are involved in trading professionally who will tell you that it is easy.

In fact, conservative estimates reckon at about 2 years of trading experience before you can expect to make a consistent profit from your actions. There is also very much a sense of keeping outsiders away, especially if you are new to Forex trading. This is evident in the terminology but it is also just a part of trading.

Of course there are plenty of guides out there that will help you and I will look at these in greater detail below. In the main though, the best way to do well with Forex trading is to try your hand at it. Keep trades as small as possible and try to look for advice on what to trade (there are plenty of forums available related to Forex where members will talk openly about their trading habits).

Over time you should begin to gain a greater understanding and start to look for your own patterns etc. Once you get to this point, then Forex trading does start to become slightly easier – or so I am told…

One thing I will say, is that Forex, unlike trading Binaries, is a viable option to generating a decent income providing you do the research, and find the right training. Binaries on the other hand need much more caution, as you can read on my Binary review here.

What does a Forex broker do?

A broker is a very necessary part of the chain when Forex trading.

They act as an intermediary between you as a purchaser and a seller. Brokers can operate from pretty much anywhere in the world and with online trading such a big thing, many don’t even have a “bricks and mortar” office.

Your broker also acts as your “bank” of sorts, with traders depositing funds so that brokers can make your trades immediately. It is worth shopping around when you are looking for a broker as there can be huge differences between them, especially when it comes to commissions and fees.

This is of particular importance as you can end up paying out quite a lot if you aren’t careful.

You will see many advertisements for Forex brokers, similar to the following:

Find a Forex Broker

When it comes to selecting your broker, research is very much the name of the game. There are some unscrupulous brokers out there also, that actually trade against their own customers! And, because you are using their software to handle the trades, there is mu8ch money to be made for the broker if they sniff out that you are new to the game, and many do take advantage of their new customers this way!

Be careful which broker you use – Some will definitely take advantage of you!

The fact is that there is so much difference from one broker  to another that it can be difficult to know exactly what you are getting yourself into. Again, this is another case where a visit to a forum dedicated to Forex is probably worthwhile. It is also worth ensuring that your broker is registered with the Financial Conduct Authority (in the UK) or equivalent agency in your country. The UK website can be found here: http://www.fca.org.uk/

Can an independent Forex trader make money?

The short answer to this is yes, but it should definitely be seen as a journey rather than a destination. I have already mentioned that it can take up to 2 years before a new trader is able to turn a semi regular profit, and that gives you an idea of just how difficult it is for a trader when starting out. It is like anything really, you must learn the ropes…

Even seasoned pros have been known to blow through their trading bank in a short space of time (one trader I read about during the research for this review of lost $250,000 in a very short space of time).

In my opinion, the thing with Forex trading is that once you are successful at it and know what you are doing, it becomes a skill for life. It also becomes a viable career path and for those who genuinely know what they are doing, it can open all kinds of opportunities.

Another reason that Forex trading should be considered about ‘the journey’ (especially when you are starting out) is that the profits aren’t necessarily as big as you may think. There are plenty of stories of people who have supposedly doubled or tripled their trading bank, and it may happen, but this is very much the minority.

In fact, if a trader can generate a 10-15% profit in a week then they should consider themselves to be doing exceptionally well.

This is where it is important to understand the importance of leverage in Forex. The main idea behind leverage is that by using specialised accounts with a broker, you can essentially trade with significantly more money. Leverage can go as high as 200:1 however you should always keep in mind that this opens you up for losses to be increased as well.

What is a pip and what is the spread?

A pip is the smallest change to the value of currency that you can get. Typically, a pip is represented in the example of being $0.0001 for a dollar currency pair. Pips are also used as a selling point for profit when it comes to Forex trading products. The fact is however, that this doesn’t always demonstrate how much has been made.

This is because the value of a pip changes from one currency pair to another.

Forex Exchange PIP

A spread has multiple definitions, however when you hear the term used, it generally refers to the difference between the bid price and the ask price. The bid price is the maximum price that buyers are willing to pay. The ask price shows the minimum price that a seller is willing to take.

The spread is important to traders as it is often representative of the liquidity of the market.

Are the Forex products I see any worth trying?

There are very different types of Forex trading products that are available on the market, all of which vary massively in quality. At the bottom of the pile you will find that there are numerous products which usually promise a quick buck. These will typically offer “trading bots” or indicators that will allegedly simply show you when to place a trade.

Fortunately, this kind of thing does seem to be somewhat on the wane and I have definitely seen less of them recently.

The next step up from these kind of things are products where users are given information on trades that a professional trader is also placing. These are typically rather expensive however because you are trading along with somebody who knows that they’re doing, but the quality is much better.

If you are going to look around at such products and consider something like this however, it is paramount that you research the Forex trader in advance!!

The final option is a training course however these are arguably as varied, if not more so than when you follow the trades of another trader. This is mostly down to how different traders will train you and the strategies that they will use.

The better quality traders will offer genuine training and whilst this can take time, it will yield the best results in the long term. It is also worth pointing out that this takes a considerable amount of effort, but effort usually equals gain!

Different Forex trading strategies?

There are more trading strategies than one can reasonably list here, however there are a small handful that are utilised more often than others.

The first of these is hedging, a method of trading in which you aim to buy in such a way that you reduce the risk of adverse price movements. In layman’s terms, this is like taking out an insurance policy of sorts on your trade.

Unfortunately, you do have to pay if you want to hedge trades as it involves making additional investments. That having been said, with the right circumstances, hedged trading can be pretty much risk free.

In the main, this is a strategy that you will see larger companies engaging in as they have the capital to do so; banks, etc.

Spread betting is another common method of Forex trading and is one that smaller traders may also partake in. Spread betting essentially involves betting on whether the price of a currency pair will be lower than the bid price or higher than the ask price.

It is a much more specialised type of trading however, and so requires a broker who is willing to engage in the practice. That having been said, there are a large number available and you shouldn’t struggle too much with this.

Forex Strategies

The final strategy and the one that is most often purveyed by product creators is called scalping. Scalping is a method of trading that involves making profit on small trades, something that makes volume key.

This is the method that you will most often see attached to trading bots and software that sends you indicators, etc. Whilst scalping can be substantially profitable, the fact is that you have to work hard and have experience in this field in order to really make it work. This is mostly down to the way that you have to trade.

Conclusion on Forex and Currency Trading

Forex trading is not easy, nor is it a quick fix. It is a difficult way to make money that can ultimately be as rewarding as it can risky.

Despite what some product marketers will tell you, there is no easy way with Forex, no shortcut to making millions. Instead the whole thing is a process and it is one that you should be willing to commit to seriously if you want to make money.

Experience from trading comes as much with losing as it does with winning. It is no coincidence that brokers and any product for sale related to Forex comes with a hefty disclaimer. What Forex trading does can however (if you are doing it correctly) is build you a viable career.

There is no reason why you can’t start out trading part time with small amounts, and be making a full time income in a few years time.

There is also the fact that Forex trading requires a certain kind of person, a certain kind of ego. You have to believe with the utmost conviction that you will be successful whilst at the same time, being prepared to lose your investments sometimes. It requires a very disciplined person to see through successful trades and this is something that almost all genuine traders will stand by.

One of the beautiful things about Forex trading is that if you do have an interest, the majority of brokers will let you trade with a demo account. This means that your first foray into Forex doesn’t have to cost you anything and it gives you a reasonable feel for what is to come. Although as mentioned earlier on, just be wary of some brokers, and make sure you check them out, on Forex forums, etc.

The fact is that Forex trading is a very niche market in a lot of respects. Anybody who says that they are getting into it purely to make quick money is likely to find that their patience will be tested to the limits with such an attitude, and when some losses start to happen, which they will at certain stages, they may not find it as easy on their mental state as they thought.

If you are willing to nurture an interest in financial markets however, then you can build a genuinely good lifestyle for yourself if you are successful. The same as anything in life. It takes dedication, application, and not an attitude that is just about ‘making quick money’, as chances are it will not be quick.

With all of this in mind, I think that for those whom Forex suits, and have done the required research, then you can do exceptionally well. It is an industry that rewards tenacity to a degree. If you find that you drift form one thing to the next then you will be very disappointed with Forex trading in the long run.

…..If this is you, and you usually flit from opportunity, to opportunity, then I would not recommend Forex, or anything. Put some effort in, and you may be surprised, but HARD WORK is needed.

Does that sound familiar? 🙂

Forex and The UK Brexit

I had just finished this Forex review when the UK have now had a referendum, and decided to leave the European Union, and this is having a HUGE impact on the Forex market, and any currency being traded world-wide, due to volatility in the whole market.

For example, 3 days ago the Euro was being sold at your local Post office at 1.28 Euros to the £. Today, 3 days later, it has dropped to 1.17 Euros to the pound. You can read more here on these UK currency issues. This is a PERFECT example of how the currency markets operate. Right now there will be people making serious money based on this volatility… sadly, it is being made at the UK’s expense 🙁

 

 

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Betting Gods Review a Comprehensive Analysis of Their Tipster Services

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Betting Gods ReviewI think it was about time that I did a comprehensive Betting Gods review. I have been asked many times for my take on this prominent tipster outfit.

There are an unquestionably high number of tipsters on the market and sorting the wheat from the chaff can be a difficult task. Personally, I have a series of red flags that I look out for.

These include things like a lack of proofing, convoluted staking plans that inflate the profits, and most importantly of all, no ridiculous claims (well, perhaps the most important thing is that it is profitable) 🙂

Of course there are a certain breed of tipsters that pop up on a seemingly weekly basis that contain all of these. They can be immediately dismissed.

Next up are the reams of independent tipsters, all of whom seem to giving it a genuine go.

These are guys who are doing their best to turn their betting knowledge into an income. The problem here is that these services often lack the kind of profits that justify their costs (things like £50 for 12 points profit per month).

Enter tipster stables. There are a number of examples available and I have already provided rather substantial coverage of Betfan, arguably the largest tipster stable on the planet.

Click Here To Try The Betting Gods Service for just £1 for a Full 30 days

Unfortunately, biggest isn’t always best which is where Betting Gods come in. I will delve deeper into this relative newcomer below, but there is a lot to be very excited about.

Ok, let’s start this review. I warn you now, it is a long one, as they have a lot to offer…

Product Title: Betting Gods Tipster Services

Price: £1 for a full 30 day free trial

Guarantee: ClickBank standard guarantee

What You Get:

  • – Access to the tipsters advertised, and their daily selections.
  • – Free Trials.
  • – Full help and support.
  • – After sales support from Betting Gods.

Who Are Betting Gods Ltd?

Betting Gods is what I refer to as a tipster stable. This means that it is an online service that brings together a number of different tipsters under a single platform (the same roof).

This allows Betting Gods to manage their tipsters’ services, market them and most importantly for you as a punter, ensure that the best quality tips are made available.

The whole operation is managed by Darren Moore who has bags of experience in the field of operating tipster services. In terms of what you can get from Betting Gods, it links punters up with tipsters in a variety of different disciplines. From football to golf, and horse racing to rugby.

Naturally, this variety means that there is something for everybody, no matter what type of betting you like, or your approach.

Betting Gods was founded almost 2 years ago and to say that it has grown exponentially is something of an understatement. It was born out of Darren Moore parting ways with his old business partner, Neil Stevens-Wood.

The pair had preciously run Tipster Warehouse, a similar set up to Betting Gods.

They ultimately parted ways after deciding that they both wanted different things.

If you aren’t too certain whether or not something like Betting Gods is for you, Darren Moore provides one of the most comprehensive and best quality free tipping services I have encountered  – and I have reviewed a lot of them, and tested many!

Each day, a select tip from one of Betting Gods’ many services are sent out to people who are signed up for free tips. There certainly aren’t many good quality tipster services that give away something like this, so this is quite unique, and shows the level of confidence that they have in their services, which is very good to see.

This outfit is not a scam.

At this point you might be wondering whether or not there is any legitimacy to Betting Gods, especially given the fact that so many tipsters are out to make a quick buck. To create some context, you simply have to look at the ways in which Darren Moore interacts with the racing community.

Betting Gods have sponsored a number of different races and courses as well as opening themselves up to unwarranted levels of scrutiny through reviews such as this. In fact, Betting Gods founder Darren Moore has actively called for regulation of tipster services to ensure that punters stop getting scammed, as there is a lot of it out there, and if you are one of the few services that offer a genuine service, then it goes without saying that you would want the industry cleaned up.

Who is Darren Moore?

To say that Darren Moore has an understanding of the “tipping” industry is like saying that the ocean has some deep bits. He has been involved in betting for a number of years and by his own admission has ridden some massive highs, as well as slogged through some very bad lows.

Through his losses he developed a disciplined approach to betting and this is something that has definitely carried over to his approach to business.

The fact is that Betting Gods isn’t the first tipster service that Darren Moore has been involved in. He has previously operated as a tipster himself (for a management service that Betting Gods now dwarfs).

Darren_Moore_Betting_Gods_picAs time went on he began to learn the ropes through this company, Darren admits to finding himself frustrated with their missed opportunities, and most importantly, the fact that their customers weren’t being listened to.

This is hugely important because Darren Moore places customer service at the heart of Betting Gods. I will explore this in depth later but his customer focus is legendary.

So much so that he has written articles for Clickbank on his low refund rate (which can be read in full here).

To summarise, he says that if you want to reduce refunds you need to embrace customer service and put it at the centre of everything that you do.

Darren Moore attributes this to something he calls customer delight, a concept developed whilst working as a youngster in the family greengrocers. This means making sure that you don’t just provide the customer with what they want, but actively exceed their expectations.

This is something that is apparent when you start to look at how he operates Betting Gods.

Since starting Betting Gods, Darren Moore has gone on to feature on Richard Branson’s Virgin Pioneers (a website that shines the spotlight on up and coming entrepreneurs).

This article focused on how to organically grow a business and perhaps not surprisingly, Darren Moore attributes this to Betting Gods’ transparency as well as focusing on ‘customer delight’.

He has also been featured on the Guardian’s website as part of their small business showcase.

So the credentials of the man cannot be brought into question from the research I have done.

Who are the Betting Gods Tipsters?

Almost all of the different tipster services that Betting Gods is involved with have their own individual tipster behind the service, with very few choosing to extend themselves.

In fact, the only tipster who offers more than one service is one Quentin Frank. It is important to pick up on his involvement with Betting Gods, as well as to look at how long he has stuck around.

This is because when Darren Moore founded Betting Gods, Quentin Frank came with him from his previous stable.

Each of the tipsters have their own approach to betting and this is something that is clearly reflected if you take the time out to look at the results from one service to the next. Whilst some of the tipsters will tend to focus on value and outsiders, others prefer to look at their strike rate and win more often, albeit generally for less profit per bet.

This variation allows you to find a service that fits your betting style and you budget/bank balance. Again, the fact that Betting Gods allow you so much access to their tipsters, all with no real risk if you choose to bet on paper. I have used the phrase ‘something for everybody’ before now and I definitely stand by this.

Whilst finding your groove in terms of which tipster is for you might be a little time consuming, there is also no reason that you can’t have fun with it. I can also say that I was genuinely quite surprised at some of the things that worked for me, namely because I was rather dismissive out of hand.

Below I shall take a brief look at the various tipster services that Betting Gods offer. I will attempt to summarise what each service is about, how it performs and how much you can expect to earn.

Value Racing Tips

Value Racing Tips is one of Betting Gods longest running services. It is also one of the most straightforward. As the name strongly suggests, the focus is on finding value bets.

Each day provides 3 win bets to subscribers which is combined with a simple staking plan of 1 point per bet.

Since launching all the way back in November of 2013, Value Racing Tips has generated profits of 409.62 points of profit.

This figure is made much more impressive when you see an average monthly profit of £128.01, as well as an ROI of 17.38%.

Master Racing Tipster

Master Racing Tipster is a tipster service that has been created to help subscribers to gain an edge over the bookies. In order to do this, Master Racing Tipster puts out selections as early as possible, usually the night before the race.

The staking plan for the service come with a little variation but given that it has allowed Master Racing Tipster to generate a hugely respectable 415.29 points of profit. Even more impressive is that this represents an ROI of 30.59%.

Tom Nelson Racing

Tom Nelson Racing is a bit different to the services I have looked at so far in so much as it is aimed at serious gamblers. Tom Nelson sends out his selections almost as advice, in so much as he gives honest advice about his selections (allowing you some control over what you do, or don’t do.

There is definitely something to this approach however as Tom Nelson Racing has made almost £6,000 since July. This makes for an average monthly yield of £255.50.

Premier Greyhound Tips

Premier Greyhound Tips is the first to stray from the proverbial sport of Kings, however it doesn’t mean that there is any less to be taken home. The name of the game with Premier Greyhound Tips is experience with the tipster behind the service having over two decades in the sport.

Tips are sent out to subscribers on a daily basis were they have made an average of £178.19 points per month, albeit to varied stakes. This makes for a n ROI of 11.44% and a total profit since Premier Greyhound Tips of £3,563.70.

Big Race Bookie Busters

Big Race Bookie Busters has been with Betting Gods since the back end of 2014 and since then, it has gone on to make some pretty serious profits through horse racing. This is definitely not a service that will suit everybody as it involves pacing big bets when they come in. With the tipster behind the service (Tim) having made his name by offering longer odd tips, you know that you are in good hands.

This is something that the profits for Big Race Bookie Busters also show with £4,462.30 made since launching. This means a very respectable ROI of 26.27%.

The Sports Guru

In many ways, The Sports Guru is something of a newbie to the Betting Gods stable as it has just completed its first year. The service is very high volume and involves betting on a massive variety of different sports. The staking plan foes from 1-5 points per bet so The Sports Guru can be an expected to cost you a pretty penny.

Despite this high number of bet and eclectic , The Sports Guru has attained a strike rate of almost 45%, which for a backing service is immense. So much so that it has gone on to make an outstanding £3,254.60 to £10 stakes in just over a year.

Max Racing Tips

This is another relatively new service for Betting Gods with Max Racing Tips going live at the start of May in 2015. Since then, this straight forward tipster service has performed very well.

The tipster behind Max Racing Tips clearly knows his stuff as the whole service is based around statistical research and an aim to provide the simplest possible selections. This combined with an average strike rate of almost 35% makes Max Racing Tips a solid selection for any punter.

The average monthly profits of 15.19 points goes a long way to making it attractive too.

High Rollers Betting

High Rollers Betting is another of the Betting Gods services that has recently celebrated its first anniversary. The selections are research based and are sent out daily to subscribers.

Betting Gods say that the only purpose of High Roller’s Betting is to make money for you, and in this regard, it excels. In 12 months High Roller’s Betting has made an outstanding £3,955.50 to £10 stakes. This means that each month you would have had an extra £329.63 in your back pocket.

The Each Way King

As you might expect from the name, The Each Way King predominantly concerns itself with each way betting. Staking is advised at either 1 or 2 points. This is definitely an exciting betting service with odds going up to 18/1 in some races. Because you are backing each way however, the strike rate still stands at a very respectable 28.32%.

This means a profit of almost £4,500 in a year and a return on investment that dwarves most investments, coming in at 34.08%.

Betting Gods also offer to show you what they offer as a free trial of their tipster services:

Betting_Gods_Free_Tipsters

Cudworth’s Racing Lays

Cudworth’s Racing Lays is rather unique in that it is the only Betting Gods tipster service that deals with lay betting. It is one of the newest services to be offered through Betting Gods and there is a very clear focus quality of selection. How much quality? Cudworth’s Racing Lays has produced a mind blowing strike rate of 80% meaning that one in 4 bets will be a winner.

Income wise it is a bit of slow burner however with the average monthly profit coming in at £90 (although still not bad). The important thing to remember here is that there is very little risk involved.

Quentin Franks Racing

Quentin Franks Racing is something of a long standing service when it comes to Betting Gods and it has nearly completed its second year. Quentin Frank is a long time partner of Darren Moore (owner of Betting Gods) and this allows for long term results.

In fact, Quentin Franks Racing puts a firm focus on this long term approach and a keen eye for detail, so much so that some days you get multiple emails per day. All of this is combined with a rather decent monthly profit of £215.15.

QF Value Tips

Another offering from Quentin Frank, QF Value Tips continues in a similar mould as his main service. With QF Value Tips however, selections are sent out the day before the race which allows you to seek out the best value and the best odd.

There are only a handful of these selections per day which won’t suit all punters, however a strike rate of 26.62% means that things are kept exciting and most importantly, profitable. This is reflected in the ROI that QF Value Tips has generated to date, a decent 21.54%.

Flat Racing Master

Flat Racing Master is one of the newest services offered through betting Gods however it is also one that is showing the most promise. With a combined focus on flat racing and a simple betting approach (win and each way stakes), Flat Racing Master is in fact probably one of the best tipsters on the market.

Just how good is Flat Racing Master? The average monthly earnings are incredible sitting at £553.60 whilst the ROI is a phenomenal 34.02%.

Golf Betting Expert

Golf Betting Expert is Betting Gods answer to a golf tipster service. It is also the one service that I feel it is easiest to get lost in the numbers. A simple look at golf as a sport shows that there is a massive amount to dislike, for example the strike rate is less than 10% which is frankly, abysmal. In spite of this though, the numbers make good sense.

For example, in just a few short months Golf Betting Expert has led the service to an ROI of almost 50% which is unprecedented whilst the average profit of £324 is still stronger than some tipsters.

Try Time Tips

Try Time Tips is a rugby sports betting tipster service and it is definitely one of the more interesting options that are on the market. In fact, with so little direct competition, Try Time Tips can really be used to identify the best possible rugby selections.

The fact is that Try Time Tips is a massively niche tipster service. Despite that however, since September last year, Try Time Tips has produced profits of £1,243.80 (far from huge when compared to some).

This is however based on a massively impressive strike rate of 48.61%, one of, if not the highest, service that I have ever looked at.

The All Weather God

Whilst other horse racing tipster services concern themselves with mostly seasonal racing, xx looks exclusively at all weather races. There is a certain consistency to these races as the going doesn’t have to be factored in, and the reality is that the less variables, the better.

This follows a simple enough 1-3 point staking system and has produced an average strike rate of 30.48%. This means that there is a profit of just over £1,000 in 6 months and an ROI of 13.98%, neither of which is necessarily life changing, however with a consistent service this doesn’t matter quite as much.

How do I get my tips?

When a tipster sends out their selections to their subscribers, they are issued via email and are also uploaded to a special member’s area on the Betting Gods website. One of the things that I really like about Betting Gods is that tips aren’t issued in the same way as some tipster services.

Instead of just listing them in an unengaging and unanimated fashion, Betting Gods encourages tipsters to explain their selections (although not all the tipsters feel the need to do so).

This carries multiple benefits for subscribers. First and foremost, you are encouraged to develop your own understanding of the sport that you bet on. For example, a tip from today makes reference to a certain stable struggling a little recently, but also talks about how they are coming out of this slump.

This is important information if you are interested in horse racing as you may then want to follow them independently.

My Betting Gods Account

Just to show you that my review is genuine, and I am reviewing this based on actual fact, here is a screenshot of my Betting Gods account:

Ben's Betting Gods Account

As you can see, once you have joined Betting Gods, and depending which services you have chosen, you can log in and view the tips for that day.

How much does it cost to join Betting Gods?

At present there isn’t a way of signing up for all of the services that Betting Gods offer. Instead you have to sign up for each service individually.

The prices are understandably varied as one tipster may provide more selections or put more research into their selections. In the main however, the tipster services that Betting Gods offer will cost you around £30 – £50 per month or £70 – £110 per quarter.

These numbers may seem high, but I can assure you that given everything that Betting Gods offers, they are amongst some of the best in the industry. It is also worth pointing out that almost all of the services offer a trial period where you can test a service for a full 30 days for just £1. As mentioned earlier, there is also a free daily tip.

This means that regardless of your budget, Betting Gods will have something for you.

Is Betting Gods safe?

I can genuinely say with the utmost confidence that Betting Gods is probably the safest tipster service on the market. As well as the transparency and honesty that Darren Moore provides, there are free tips, 30 day trials and finally, all subscription options come with a full 60 day money back guarantee which is backed up by Clickbank.

This is unprecedented in the tipster community with almost all other tipsters taking the approach that the dice fall how they fall and if you’re out of pocket, then it sucks to be you.

By offering the Clickbank money back guarantee, Darren Moore ensures that if for any reason one of Betting Gods’ services doesn’t meet your expectations, at all, there is an ironclad 2 month period to claim a refund.

This is possible as Clickbank actively process refunds themselves which means it is out of the hands of a vendor.

With all of this in mind, I would invite you to cast your mind back to the fact that Darren Moore wrote an article for Clickbank about his low refund rate. I think that this nicely sums up just how safe Betting Gods is as an investment.

All of that having been said, Betting Gods ultimately deals with tipsters and this means that there is bound to be some variation in performance from one month to the next. The fact is that any kind of investment or betting cannot be said to be 100% safe but I feel comfortable in saying that Darren Moore has done everything that he can to make it as close as possible.

Betting Gods are also a genuine company:

The company are genuine, and they do not hide. In fact their details are plastered all over Google for anybody to see, and find, as you can see below:

Betting_Gods_Genuine_Company

How can I become a tipster?

Signing up to be a tipster through Betting Gods is a pretty straightforward affair. In fact, you can very easily apply online. All that you have to do then is prove that you can consistently make money.

The reports from inside the Betting Gods camp are absolutely glowing in terms of the service and the management, and it is clear that Darren Moore has put together a very attractive package.

The income potential for a tipster is an outstanding 40% of all sales, before costs.

This means that for every pound your service makes, you see 40p (with Darren Moore estimating that £3,000 – £4,000 per month is a decent amount for a tipster to earn). Whilst this doesn’t sound like a lot of money and like you might be better going solo, Betting Gods does so much for their commission.

This includes full management of your service from updating results to sending tips out and managing subscriptions. They also provide a comprehensive customer support experience which means that your customers will never feel isolated.

Betting Gods also provide full promotion for your services. This ranges from things like reviews and email marketing to advertising campaigns in the Racing Post and even sponsorship deals. In fact, at the time of writing, Betting Gods are sponsors at Nottingham, Worcester and Wolverhampton race courses.

You are then left free to run your tipster service as you want, “with or without an explanation”. This means that all the administration is taken out of managing a service, yet you are free to run it how you want.

Profits with Betting Gods?

Darren Moore is extremely straight forward with you about what the various services can potentially earn you. As for the profits you can make, I won’t give a full play by play here, but you can do very well. On a monthly basis different services have averaged out at around £150 to more than £500 per month.

This is all achieved with level stakes of just £10 per point. This means that any results should be reasonably consistent and the income potential should always be attainable.

What else does Betting Gods offer?

Betting Gods is mostly focussed on providing the best possible access to top tipsters. However, this doesn’t mean that this is all there is to it. There is actually a surprisingly informative blog which is maintained by Darren Moore, with frequent contributions from the tipsters too.

These posts allow you to understand their approaches to betting and their analysis, as well as being a decent read if you want to get information and a professional opinion on upcoming sporting events.

Betting_Gods_Recommended

Conclusion Betting Gods

What more is there to say about Betting Gods that I haven’t already covered? Ever since the company launched I have been an advocate of their approach which puts you, the punter, at the heart of everything.

I have actually reviewed a number of their products before now (which have all been positive) and every time I have walked away content with what I have looked at. What has surprised me in carrying out this much more detailed and extensive review, is just how much there is a focus on you as the punter.

Darren Moore is more committed to a great customer experience than anybody I know of online in the tipster field. Furthermore, there is bags of evidence to back all of this up, From the natural and organic growth of Betting Gods, to interviews with the man himself.

The thing is, when looking at Betting Gods as a whole is you really develop a new found appreciation for how everything ties together. This is a well oiled machine that rewards everybody at all levels.

Tipsters receive top notch marketing, promotion and management. As a punter, you definitely receive the best service by a mile – or should that be by a furlong? 😛

I have mainly focussed on the service side of Betting Gods but it is important to acknowledge as well that of the 14 services that Darren Moore manages, all of them have remained profitable in the long term.

Sure, there is the odd hiccup, however any tipster will tell you that this is simply part and parcel of the industry, but in the case of Betting Gods, the results are definitely amongst some of the more positive I have looked at.

Betting Gods Has My Recommendation

So to summarise, I have always like Betting Gods products, and after a lot of research I like them even more. Darren Moore genuinely seems to be one of the nicest guys in the industry and he cares about the service his punters get. This has allowed Betting Gods to develop into a truly international business.

If you are new to any form of tipping service, then I would recommend Betting Gods over all others. The reputation precedes them and I have yet to encounter a bad product of theirs. You can also trial things without risk which is a lot more than most tipster services can offer you. If you aren’t happy, you can claim a refund very easily.

The same also applies to seasoned bettors. Betting Gods has a service for every betting portfolio and again, there is very little harm in giving things a dry run.

With all of this in mind I wholeheartedly endorse Betting Gods and I think that it is something very rare. A tipster service that anybody interested in making money online should look into.

Summary on Betting Gods

  • Very generous packages that allow you to extensively trial the various tipsters with little risk
  • All services are profitable
  • Exceptional customer service. Second to none
  • The best all round tipster stable online

£1 for a full 30 days Betting Gods Trial

The fact is, for just £1, you can try any of the Betting Gods Services, so you really have nothing to lose, and everything to gain, because if the results are not as advertised, which they will be, but if you are not happy for any reason then you can easily cancel.

It is a case of you make money, or you pay anything else, and either way the only risk to you is a single £1 for a full 30 days worth of tips. You cannot get better than that, guys 🙂

Click Here To Try The Betting Gods Service for just £1 for a Full 30 days

 

 

 

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Online Betting Exchanges vs Online Bookmakers The Differences and Pros and Cons

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bookies-vs-betting-exchangesWhen it comes to placing bets there are fundamentally two options that are open to you. These are betting exchanges and bookmakers (for the purposes of this article, when I say bookmaker I am generally referring to online and high street bookies).

Both of these operate in massively different ways and so comparing and contrasting the two options can be difficult, but through examining the pros and cons, it is my intent to decide which options works best for different types of bettors.

I feel that it is necessary at this point to add a disclaimer of sorts, something that I wouldn’t normally do.

But any opinions that I express or any odds or “real time” information is entirely at the time of writing. With that awkwardness out of the way, we can start to get stuck in.

The reason for this review is aminly due to all the conflicting information that is online regarding bookmakers, betting exchanges and the parity between them.

In fact, it has been claimed that bookmakers themselves have been known to use betting exchanges when they get things wrong themselves. Bookmakers generate the odds for certain ‘events’, but as they are human themselves they sometimes get this wrong.

Who would have thought it… 🙂

So if a bookmaker generates odds for an event, and the event starts to go against them, creating a loss, then they have been known to use betting exchanges to offset the risk, and back against their own odds.

There are probably more shenanighans going on behind the scenes than we realise, but we will stick to the facts in this review, and try to filter down the key differences, and what I feel you should know.

A brief history of bookmaking in the UK

Once upon a time, all betting that took place was a standard gentleman’s agreement.

This is the kind of bet that you make down the pub, with a mate. “Bet you a tenner United beat Liverpool this weekend”. This changed in the late 18th century with Harry Ogden who is widely considered to be the first bookmaker in the UK.

By 1845, gambling was restricted in the UK to race tracks with bookmakers existing exclusively track side. This is where the oft used image of the bookie, leaning against his stall with a ledger, a stand offering his latest odds and a wad of cash stems from.

It is also an image that continues to exist even today, albeit on a much lesser scale.

In 1961, betting shops were legalised and betting moved away from the race track with anybody being able to place bets. This led to the growth of some of the major high street branded bookies that you see today (such as William Hill, Ladbrokes and Coral).

The next major step for bettors was the foundation of online betting. In fact, when online gambling first started in 1994, bookmakers showed little interest.

This didn’t stop the benefits attracting punters however it wasn’t until the early 2000’s when the scope of online betting was exposed that high street bookmakers started to get involved.

One the main high street bookmakers started to get online, the first digital bookmakers (i.e. one’s without a “bricks and mortar” business) started to appear.

Some businesses gave up on the physical arm to exist entirely online (with Bet 365 being the most prominent example) which have allowed them to grow at a much faster rate than they perhaps would with a high street presence.

what-are-bookmakers

When Betfair exploded onto the scene as the first betting exchange, it broke the mould of what bettors can do and completely altered the landscape in term of professional betting. All of a sudden, people were betting amongst themselves on an international scale.

In fact, Betfair caused some controversy amongst bookmakers as they were worried about people laying bets taking their business away.

With the success of Betfair quickly established, various other betting exchanges have since been established, both independent and also owned by bookmakers. Likewise, Betfair has made the move from a betting exchange to offering standard bookmaker services. Needless to say, it completely changed the face of what people expected from betting.

What is a betting exchange?

A betting exchange is a massive online environment in which users are able to make bets with one another. The betting exchange then “holds” the money until an outcome is determined. The loser then pays out based on the odds that have been agreed.

There is also a BBC website page that details in basic terms what a Betting exchange is: http://news.bbc.co.uk/1/hi/uk/7109494.stm (look at it at the end of this review if you want), I spent a lot of time on this review 😛

This leads me to one of the key features of a betting exchange. When you offer a bet, you can set the odds that you want on a horse and if somebody is looking to match it, you will get it.

With a betting exchange you can bet on almost anything

(with different betting exchanges have different specialties) with the biggest examples such as Betfair offering coverage of pretty much any sport or event that you can think of. This includes obvious things like horse racing and football to the Turner Prize and even the weather!

When it comes to a betting exchange there are two types of bets that can be placed.

You can either back an event to happen or you can lay an event. To back is to bet something will occur (for example a horse winning a race) whilst to lay is to bet against an event (to use the same example, you are betting that the horse won’t win). The laying of bets is a very important aspect of betting exchanges as it allows everyday punters to act as a bookmaker.

betting-exchange-explanation

(Image Copyright BBC.co.uk)

This was one of the key breakthroughs when Betfair went live and part of what was such a shakeup in terms of how people bet. Suddenly, bettors weren’t tied down to set odds and those in the know were able to make a lot of money through laying bets. Betting exchanges were also where the idea of betting in play first originated with people switching from a back bet to a lay bet mid race.

All of this brings me on to the subject of liquidity. You may well here this a lot but actually understanding liquidity can seem complicated. Essentially, it refers to the amount of money that is being traded on a given event.

Obviously the bigger the exchange and the bigger the event, the more liquidity will be available. You should also consider the type of bets; as more obscure bet types are likely to be harder to match.

Betting exchanges have also become favourable for bettors with a distinctive system as they allow “bots” to bet on your behalf. Bots can be programmed to follow a strict betting criteria, which when met, they will place a pre approved stake on your bet. There are some bettors who have this kind of operation running on servers that are betting 24 hours a day, seven days a week.

What are the main betting exchanges?

There are a fair few betting exchanges that currently operate and these range from tiny little affairs dealing in very specific bets to the giants of the industry. In terms of the main betting exchanges, I have chosen to focus on what I consider to be the main three. This is by no means a comprehensive list, but aims to look at the examples that people will be most familiar with.

Betfair

betfair_betting_exchange

Betfair is undisputedly the biggest betting exchange in the world. It was also arguably the first. Betfair has held onto the mantle of biggest exchange by a considerable margin.This allows them to retain the most liquidity and as such, is the easiest place to get you bets matched.

Betfair are however at the top end of the scale in terms of the commission that they take with 5% of your profits being paid back to them. Betfair also charge their top 0.5% (approximately) of traders an additional (and rather significant) commission although this will only apply to a very small minority of bettors.

Smarkets

SMarkets_betting_exchangeSmarkets is somewhat smaller than Betfair, however it is by far and away the second biggest betting exchange, at least in terms of liquidity (as I will look at below). Smarkets does come with a bit of a reputation for smaller niche bets, especially when looking at some of the more obscure football leagues.

As an exchange, Smarkets is has also developed a well known name for its political betting as well. Smarkets is actually one of the newer entrants to the market however they seem to have capitalised on this and avoided mistakes that other betting exchanges have made. In terms of commission, Smarkets charge just 2% which is a significant discount on the typical 5% that Betfair charge.

Betdaq

Betdaq_Betting_ExchangeThe next betting exchange that I want to look at is Betdaq. These were once a larger scale betting exchange that were bought out by the bookmakers firm Ladbrokes. Some people would argue that Betdaq is the second largest betting exchange in the world, however for my liking, it lacks a number of markets that other betting exchanges do.

This makes Betdaq a viable alternative to some degree, but the fact is that their main appeal lies in the commission as Betdaq charge just 2% commission rather than Betfair’s 5%.

As I have mentioned, these aren’t by any stretch of the imagination all of the betting exchanges out there, I feel that they probably qualify as “the big 3”. Obviously liquidity is king when looking at a betting exchange which is how Betfair managed to get to the top and stay there, however too much liquidity can affect the odds that are on offer as there is a tendency for people to bet with market trends.

To give an idea of the liquidity between the different betting exchanges I have looked at 3 different events, all of which are on the most straightforward “to win” bet. The 16:25 race at Wolverhampton (just before the off), the Euro 2016 game between Portugal and Wales (which takes place tomorrow) and to mix things up, the next leader of the conservative party.

  • For the horse race: Betfair had matched £370,750 worth of bets, Betdaq had matched £160,191 of bets and Smarkets had matched £57,759 worth of bets.
  • For the football: Betfair had matched £1,438,193 worth of bets, Betdaq had matched £39,884 of bets whilst Smarkets had matched £792,955.
  • For the politics: Betfair had matched £2,689,044 worth of bets, Betdaq had matched £27,551 whilst Smarkets had matched £52,868.

This highlights the differences in where bettors choose to place their bets. It also shows why it is important to not simply tie your money down to one exchange or another.

How do bookmakers work?

As I have mentioned already, there are two types of bookmakers. There are those who are online and those that offer a physical presence. One of the main differences between the two is what kind of bets you can place. For example, online bookies will often have a list of bets and odds that they are taking for a given day.

If you walk into a bookmakers however, many of the larger companies will accept bets on almost anything. These have ranged from things like whether it will snow on a certain date to (allegedly) one man betting that Elvis will crash a UFO into Loch Ness, hitting the monster as he does so (if you believe it, at odds of 20,000,000/1).

Bookmakers offer a much simpler setup when compared with a betting exchange. Instead of making an agreement with another bettor, you agree to take odds that have been set by a bookmaker. The odds themselves are usually handled by large back room staff whose job it is to determine the possibility of an outcome. Bookmakers will typically cover themselves against losses by placing their own bets as well.

general-bookmakers

(Image Copyright BBC.co.uk)

The process is not what makes betting with bookmakers interesting though. Instead it is the sheer variety of bet types that are available. Whereas betting exchanges restrict you to simply placing one bet per event, bookies will allow you to bring together multiple bets, often with huge odds, all of which are designed to entice and excite.

Increasing and decreasing winning chances

Depending which type of ‘bet’ you decide on, can however, represent a fantastic way of increasing the value of your bet. It does however increase the changes of losing. This is because out of however many bets you include with an accumulator, if one fails, the whole bet fails.

One way in which bookmakers are able to excel where betting exchanges struggle is in terms of offers. The fact is that every bookie on the planet is always running some offer or another. These range from free bets to increased odds and even money back.

This has led to an offshoot of betting known as bonus bagging (which I have covered before now in various reviews) which involves taking advantage of bonuses to bet without any risk, for more details on taking advantage of the bonuses on offer, you may wish to take a look at Mike’s popular product, by clicking here.

There are however a number of issues that come with bookmakers that aren’t a problem with betting exchanges (and I will look at these a little later on), most of which can be boiled down to the fact that bookies don’t like to lose.

A Short Documentary on Bookmaker Changes:

 

What are the advantages of a betting exchange?

There are some very clear advantages to using a betting exchange in my book and without a doubt, the most prominent of these is having the ability to lay bets. This is a method that is used by a number of different bettors in order to make a decent income. Furthermore, it is becoming increasingly apparent that lay betting is very much “here to stay” and perhaps more importantly, it is becoming an increasingly popular and viable method of betting.

The other clear advantage to a betting exchange is the ability to set up a robot to bet for you. This type of set and forget income is the dream of most people who want to make money online and honestly, this is possibly as close as you can get to this (albeit with some risk).

Another of the main advantages that comes with using a betting exchange (and isn’t something that I have really touched upon before now) is that there can be much more value in bets. Unfortunately, this rarely applies to favourites which often have odds in line with bookmakers. Instead, it is if you are betting on those with longer odds.

This is because bookmakers have to keep their odds in line with ensuring profit.

With a betting exchange however, people are free to make their own choices which means getting odds of upwards of 150/1 where a bookie might only offer 33/1.

What are the disadvantages of a betting exchange?

Perhaps the biggest disadvantage to using a betting exchange is simply that they are more complicated than a bookmaker. This might seem like a petty point but it is actually quite important. Anybody starting out betting on a betting exchange should expect to get things wrong for a small amount of time, simply because you have to figure out how to bet “by yourself” so to speak.

Any bets that you want to place have to be matched. This can mean that you may ultimately end up trying to make bets that aren’t being taken up. This is compared to a bookie where you don’t get to set the odds, but you are guaranteed to have your bet accepted.

The other disadvantage of using a betting exchange (albeit a small one) is the commission. Presuming that you are using Betfair, taking 5% of all of your profits can add up.

When laying, you can really stand to lose a lot of money. Don’t forget that you are setting odds that people are betting at which means that you ultimately have to pay out the stake on whatever odds that you have agreed. I have known of people lose a month of profits with one badly placed lay bet.

The final disadvantage for me when it comes to betting exchanges is that you can only place one bet at a time. This means that taking advantage of the additional value that accumulators and the like bring is out of the question.

The following video from SMarkets explain in some more detail how betting exchanges work:

 

Who are the main online bookmakers?

When it comes to online bookmakers there are so many that simply choosing the “main” ones is almost impossible. Instead, what I have tried to do here is to focus on the best known brands. I have picked out the big three high street bookmakers as well as a few online bookies that I also feel merit a little extra attention.

William Hill

The first bookmaker that I will look at is arguably the largest in the UK, William Hill. With a strong online and physical presence, William Hill are probably a lot of people’s first choice. They offer a multitude of betting types and cover a massive variety of sports. Unfortunately, there is a lot of negative feedback surrounding them with people having a number of problems with live betting and even in some cases withdrawals.

There have been a number of negative comments particularly aimed at their customer service.

Ladbrokes

The next is another of the “Big 3”, Ladbrokes. Ladbrokes is significantly less popular than William Hill and on a personal level, I believe that a lot of this is down to how confusing their website is. Ladbrokes is something of a middle of the road bookmaker. It doesn’t really do anything wrong, but I don’t think that it does anything particularly exceptional either. The one thing that can be said for them is that they often have some very good offers in place and these are all neatly in one place.

Coral

The next bookmaker is the last of the big 3, Coral. When compared to William Hill and Ladbrokes, Coral is consistently voted the worst. They offer terrible customer service by almost all accounts, there are numerous complaints of accounts being closed or suspended for no reason (with no way to get your money back) and they are ridiculously quick to restrict winning accounts.

Their bonuses are often not applied to your account as well which means that those who are signing up for that may face a double whammy of disappointment (when your account is closed as well). Of the traditional big 3, Coral is definitely the one to avoid, unless of course you plan to frequently lose.

The next bookmakers that I am going to look at operate exclusively online. These offer a big move away from a traditional “bricks and mortar business” and this is reflected in how they operate, especially in terms of type of bets etc.

Bet365

Since it went live as an online only bookmaker, Bet365 has very much gone on to take the crown in terms of popularity. There are a number of reasons for this but the most obvious is variety. Bet 365 will let you bet on almost anything, and there are a huge number of different ways you can bet on this anything. Whilst there are some complaints about withdrawals with Bet 365, these are generally few and far between and are hugely outweighed by positive reviews.

The negative reviews that I have looked out very rarely have a consistent theme and many complaints seem to be one offs (with the exception of several complaints about account limiting). With this in mind, Bet365 is probably one of the safest bets that you can use if are using an online bookmaker.

Paddy Power

The next online bookmaker that I want to mention is one that is probably more well known for their PR stunts than their bookmaking. Paddy Power are usually in the media for their almost laddish approach to advertising. This has included things like an advert featuring a blind football team kicking a cat instead of the ball, recreating Da Vinci’s Last Supper to show Jesus gambling and even putting a “jockey” on the Uffington White Horse (a prehistoric hill figure).

As you may expect from a company that takes this approach to betting, the reviews for Paddy Power aren’t great with a lot of complaints of bad customer service, accounts being closed and bonuses not being honoured. In fact, the only reason that I felt the need to include them is their media presence.

Betfair

I have already mentioned that as well as running the largest betting exchange, Betfair also operate a more traditional bookmaker service called the Betfair Sportsbook. Response to Betfair as a bookmaker is generally positive with odds generally a little higher than most bookmakers.

One of the most frequent complaints surrounding Betfair’s bookmaker service is that they are quick to restrict accounts that are doing well although Betfair’s response is usually that accounts follow suspicious betting patterns. It is worth pointing out that one account does allow you to bet on the sports book as well as using the exchange which some bettors may find easier to manage.

SkyBet

Not surprisingly, SkyBet are mostly concerned with football betting, namely because there is a lot of tie in with Sky Sports and their Premier League games. As a bookmaker, SkyBet is generally considered to be rather middle of the road. It doesn’t do anything particularly well, but nor does it really put a foot wrong.

The only real issues that I can see with SkyBet is that their bonuses are sometimes less generous than other bookies and the odds aren’t always the best. Otherwise, they are consistently ranked as one of the better bookmakers in the UK and as such, are a pretty safe bet.

Pinnacle

Pinnacle are worth mentioning simply because they are one of the more open and best quality bookmakers that are available. They are a global bookmaker and if you look at reviews for them, they are almost all universally positive. Pinnacle offer some of the best coverage I have seen in terms of sports and bet types, so much so that it can seem overwhelming at first glance.

One of the most important things that is worth pointing out about Pinnacle is that their betting margin is significantly less than most bookies.

You will notice that I haven’t mentioned this figure for any of the other bookmakers I have looked at as they are all around the 5% mark. Pinnacle’s betting margin is a comparatively miniscule 2.3%. This means that generally speaking, Pinnacle pay out substantially more than most bookmakers, a fact that on its own makes them worth subscribing to.

pros_and_cons-bookies-and-exchanges

What are the advantages of a bookmakers?

As a clear counterpoint to the fact that betting exchanges are complicated affairs, online bookmakers are much easier to use. Everything is laid out clearly for you and is all but guaranteed should you win (although this isn’t always the case as I will look at). This is the reason that the majority of casual bettors will gamble through a bookmaker rather than through a betting exchange.

The second advantage of bookmakers lie in the ability to place accumulator bets. These can massively improve your odds by increasing the number of events that must occur (and resultantly, your risk increases). What this does mean however, is that you can take a number of bets that you see as “sure things” and combine them to get odds of 10/1 instead of 4 bets at 7/5 each (these are only hypothetical numbers).

Once again, this is a style of betting that suits casual punters although they aren’t the only ones to benefit from this.

Because bookmakers do allow accumulator bets, this opens the door to bet on things like Trixie bets (a treble with 3 doubles), Patent bets (a Trixie with singles) a Yankee bet (6 doubles, 4 trebles and an accumulator for all 4 bets to come in). There are also then “lucky” bets which involve increased variations on the theme.

Different type of bets that can be placed

These aren’t however often used by casual bettors, but many horse racing enthusiasts will place these kinds of bets in order to get the most value out of just a few selections.

Another one of the biggest appeals for bookies is something called best odds guaranteed. Now, not every bookmaker offers this service, but for those that do, it does exactly what it says on the tin. In the run up to horse race, the odds on a horse will often fluctuate hugely (something that can be seen on betting exchanges in real time).

If when a race starts, the odds would have been better on a horse than the odds you backed it on with the bookmaker, you get the “best odds”. This means if you’d backed a horse at 3/1 before the race and the odds drifted to 7/1, your bet would win at the higher number.

The final argument for using a bookmaker is the bonuses. There are hundreds, if not thousands of bonuses on offer from bookies at any given time that can range from a few free bets to doubling or even trebling your initial deposit. This can allow any serious bettor to very quickly establish a much larger betting bank than they would start out with on a betting exchange.

Yes, these do usually come with terms and conditions (which are always worth reading) but with the right approach (again, bonus bagging comes to mind), you can bet with the bookies money rather than your own.

What are the disadvantages of a bookmakers?

Just as there are disadvantages to using a betting exchange, there are disadvantages to using a bookmaker and I feel that I should address what is by far and away the biggest problem first. As I’ve already hinted at, bookmakers hate to lose. They hate losing money almost as much as you like winning it. This means that if you are a successful bettor, there are a number of ways that your betting account can go.

The most extreme (and in some ways, the most well known) is that your accounts simply get closed. If you are making too much money from a bookmaker, they will outright stop you betting.

One of the main disadvantages of bookmakers is that it is said they are less willing to take risks on the type of customers they allow to do business with them, and the following is a fantastic little snippet, and conversation between a bookmaker and critics:

As you will see, the situation where bookmakers are starting to pick, and choose their customers is becoming more visible.

If they choose not to go this far with things, you may be slapped with severe restrictions on how much you can stake or even what odds you will be offered. I have heard accounts of numerous people being told they cannot win more than x pounds off a bet or that they cannot stake more than a few quid.

One of the more apparent issues when betting with a bookmaker, is that there is very little in the way of flexibility on odds. Whilst the competition between bookies can drive odds up as they compete, the fact remains that from one bookmaker to another, there is very little difference.

For example, using Wales vs Portugal as an example, of the bookmakers that I have looked at, 3 are offering 6/5 whilst the other three are offering 23/20 which is as near as makes a difference, 5/4.

Which represents better value?

As I have demonstrated, there are very clear pros and cons in terms of what kind of betting you are involved in. Personally, I am of the opinion that it can roughly be broken down thusly, if you are a casual punter, you are better off with bookies. If you take things seriously then you are better on a betting exchange. Unfortunately, this isn’t a set rule however I will try to explain my rationale.

It all comes down to the reason that you bet. Whilst there are thousands of reasons that people gamble, I personally feel that ultimately there are 3 different categories (ignoring gambling addiction which is an article in its own rights). There are professional or serious bettors, there are casual punters and there are those who bet purely for the thrill.

bookies_vs_betting_exchanges

Chances are you know somebody who falls into the latter 2 categories. Those who bet £20 on a Champions League game for some extra “spends” over the weekend, or the mate who has a quid on an obscure accumulator, mostly for the buzz of seeing how close they can get to a win. For the purposes of this article I have lumped these two into “casual” bettors. Serious bettors are more complex, and rightly so I have looked at them below.

If you are a serious bettor, that is to say that you rely on betting as a part of your income, then you need your betting to be sustainable. The fact is that you cannot do this when you are forever at risk of having your accounts closed. There are also a number of additional factors to consider as well. In my experience, most bettors who are reliant on betting for an income or claim to be professionals, all put a focus on value.

What this means is looking for underrated outsiders and getting the best possible odds on them. Because bookmakers limit the odds that they offer in order to protect their profits, this can mean that you miss out on income potential when compared with a betting exchange.

Guaranteed Betting Exchange Profits

I also cannot leave this review without mentioning the very popular hedging product that many people are now using by a gentleman called Tony Langley, who has created a set of systems that guarantee a profit is made on the betting exchanges no matter what the outcome. You can read my review on Tony’s product here.

Example of Betting value differences

To provide an example of this difference, I have selected a horse at random that is atypical of odds for a value bet. Maazel is in the top 4 horses in a 9 horse race according to Betfair’s betting exchange and the bookies. On here you can get odds of 6.0 which translates to 5/1 odds.

Betfair’s bookmaker arms is offering 4/1 and so you can see that you would increase your profit by 1 point (the amount that you stake) per bet. If you are consistently betting based on value, 1 point per bet can be the difference between making and breaking a betting bank in the long term.

For many people who bet seriously, bookmakers serve mostly to allow them to take advantage of offers and to place some of the more exotic bet types as they can massively compound the profitability. Otherwise, they serve limited use.

Which is the better option?

For Joe Average who wants to bet £20 on the football or fancies a tenner on the horses on a Saturday morning, there is no arguing that bookmakers are the better option. Bookies are easy to use and easy to follow. There is also the chance to make your betting money go further with the offers. Where a professional might put £1,000 aside for betting for a month, a casual punter is looking to add £20 to their betting wallet when there is a bet to place.

This means that deposit bonuses are almost always welcome and available. There is also money back on popular bets such as team to win or player to score.

Accumulators add their own value when dealing with bookies but I feel that this is in a much more approachable way when compared to betting exchanges. It is easier for a football fan to pick 3 games he thinks will win or a fan of horse racing to identify a couple of horses that he fancies (or has even taken from the Sunday paper’s resident tipster) and to double them up as well as betting on each to win.

As I’ve mentioned several times, this increases the risk and to a professional bettor, increasing risk is a no go. A casual punter however is less risk averse and is usually looking for a win rather than consistency.

Ultimately, and this might seem like a bit of a cop out, but asking which provides the better value out of a betting exchange and a bookie depends entirely on how you bet and what you bet on. The only thing that I feel is really left to say is that if you are willing to put in a bit of time, you should have as many accounts as possible with different reputable bookmakers and betting exchanges.

This is because whilst there are certain rules that each follow, there is one over arcing rule, value can ultimately be found anywhere.

Conclusion on Bookies V’s Betting Exchanges

The conclusion is, that it really depends what you are going to use each venue for.

With betting exchanges you are betting, or trading against another human being – in most cases (unless the bookmaker has entered the event to drop off a load of risk against a mistake they have made), and therefore it is much more straight forward.

With direct bookmakers, they are really to be looked at as accountants, because they are advertising this ‘fun factor’, but the reality is, they are a money making machine, and if you have too much ‘fun’ you can be sure they will close your accounts down, which is my personal gripe with them.

In fact, the following is a great video by well known Betfair trader Peter Webb, and how he was banned by bookmakers because he was ‘winning too much’, and this will open your eyes to what really happens with bookmakers and how they are effectively picking, and choosing losing customers only:

As you can see, when the fun stops being fun for bookmakers, and they start losing money to their customers, then accounts quickly get banned, which I personally think should be looked into further by the UK government.

In my opinion, bookmakers are only interested in losing customers, because anything else affects their bottom line profits, and this means they are, and must be only choosing customers who lose.

Not ethical in my book!

On the other hand, betting exchanges make their commissions from the actual transaction, irrespective on who ‘wins’, or ‘loses’, so there is more transparency there – for now at least 🙂

Only fairly recently Paddy Power have merged with Betfair, so the line between betting exchanges and bookmakers has already started to merge closer, becoming blurred, and many suspect that this could be the start of the decline for betting exchanges and the massive advantages they currently hold over conventional bookmakers.

 

The post Online Betting Exchanges vs Online Bookmakers The Differences and Pros and Cons appeared first on Money Makers Reviewed.

George Brown Profit Master The Zero to $100k Master Path Review

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George_Montague_BrownFor anybody in internet marketing, the name George Montagu Brown (or George Brown) will either put a smile on your face, or they may shake their heads. I will explain the reasons why later. Now, George is launching his “Profit Master The Zero to $100k Master Path” course.

Many marketers will have a quiet admiration for George, and most will certainly have used at least one of his products at some stage of their internet marketing career.

George also used to have a fantastic reputation as one of the UK’s leading marketers, and brought out some very good products, and some not so good…

Either way, he generates a lot of interest, and this is mainly because the guy has made a fortune online, and was a millionaire by the age of 18/19

George Brown has not been ‘around’ for a couple of years due to one incident with his latest product launch, which let’s just say, ‘didn’t go to plan’. Although yesterday he sent a bulk email to all his subscribers asking them to register for his latest webinar, which he has entitled:

The Profit Master Zero to $100k Master Path

Who is George Montagu Brown?

George first appeared on the marketing scene around 5/6 years ago and started generating interest as this young marketer who seemed to have the golden touch. George’s products have included:

  • IM Elite
  • Traffic Ultimatum
  • Google Sniper System
  • Google Sniper System 2.0
  • Google Sniper System 3.0
  • Predator

George Brown quickly became a millionaire of the back of products he promoted which started with internet marketing products, and then went on to information product generation via his Google Sniper Course, which was, in it’s day, a ground-breaking product (for some people at least, I already knew the formula).

But yes, to some, based on comments you would have thought they had been handed a golden key to ‘wealth’.

…You know how some people can get carried away, and are easily excited 😛

The problem was, as is the problem with most marketers, is that they flog their products to death, re-branding, and trying to make their past customers believe that they have something new. This is when Google Sniper 3.0 was launched, I have a review on the product, which although was OK, it was just the same as the original.

You can read my review on Google Sniper here.

I won’t go into too much detail about the products George launched, because most of you reading this will know about them, or you probably wouldn’t be reading this now after searching from Google, but just to recap, I will say a few words:

IM Elite

IM Elite was a decent product at the time, although by today’s standards it would be looked on as fairly mundane, and the internet has moved on, but at the time is did contain some useful bits of marketing advice.

Traffic Ultimatum

This was launched just before George really hit the ‘big numbers’, and I still have it on one of my old hard drives somewhere, and although not mind blowing, again, it did contain some useful information for the time it was written. It is outdated now.

Google Sniper series, 1, 2, 3.0

This is where George Brown really made his name, because at the time it was written many people still didn’t understand what affiliate marketing was all about, which if you still don’t know, is all about traffic generation, and sending traffic to a vendor’s site in return for a commission once a sale is made.

Google_Sniper_George_Brown

(Copyright George Brown, and companies)

Google Sniper hit the ground running, as the market was most definitely ripe for this type of information.

To put simply, the idea was to use long tail keywords, and keywords in the actual domain names to manipulate the Google searches into ranking you on the first page of their search engines.

It worked fantastically well, and made George Brown a LOT of money. In fact, it make him the number 1 ClickBank seller on the planet for a time, which is no easy feat, believe me.

The following video will show you George making his Gazillions on ClickBank:

It seemed like every market was using George’s strategies, which incidentally, were nothing new to me, because I had been using the basics for many years already, but when it was introduced to a mass market, all the ‘sniper’ sites started to dominate the search engines in a way that had never been seen before.

For the first time ever, online marketers has a set of instructions that just worked, and people were making their first online profits much easier than ever before.

The basics still work today, but are nowhere near as effective.

It was a great product, and easily one of the best that had been introduced to the marketing fraternity at the time. Then Google Sniper 2.0, and 3.0 were introduced around 12 months later, which to me, contained pretty much the same information as the first product, just reworded and rebranded.

The problem for people using Google Sniper is that Google themselves changed their algorithms, and muted a lot of the tactics that George taught. Not all of them, but enough to make a markable difference to people’s results.

For example, one of the tactics (the main tactic) was to start a website and if you were targetting frogs that can sing opera, you would buy a domain name called “www.frogs-that-can-sing-opera.com” and Google would rank the website thinking “It must be releavnt because the actual keyword is in the domain name”.

It worked for a while, and worked very well, but as we all know, Google is no fool, and quickly squashed that ‘loophole’.

What Came Next with George Montagu Brown

By this stage George Brown could do no wrong, and was almost literally walking on water as far as internet marketing was concerned.

If he had a product coming out then people most definitely wanted a piece of the action, and would purchase based on his name alone, such was the respect he had from the online marketing world.

Then came the problems…

Yep, George decided to increase his profits once more with a much anticipated launch.

His new launched was so anticipated that the search engines were already filling up with eager affiliates registering the ‘name’ of this product reading for traffic to start arriving.

Forums such as The Warrior Forum waited with endless threads talking about this ‘exciting new George Brown product’, and people couldn’t wait for it to arrive, such was the success most had already made on his previous products.

George Brown Launched ‘Predator’…

The new product that everybody had been waiting for was called ‘predator’

George-Brown-Predator

(Copyright George Brown, and companies)

George create a video stating that it was a live online webinar, but the reality is, that it was pre-recorded, and the signs were obvious. But people wanted to know what was going on, so stormed over to his website to see what this great new revolution was… as they do 🙂

You can watch the original video here:

The product sounded fantastic, and the video went on for ages. Even though George looked like he was an interviewer in an Iraqi prison 🙂

The price of the product was £800 (or might have been $800) I cannot remember exactly, but as it was so much more than George’s previous products people expected that it was the real deal, and everything that George claimed it was.

In marketing, a high price can sometimes attract a higher number of sales, because consumers are conditioned on price being a value factor, and if something costs more, then people can (sometimes wrongly, which was in this case…) make themselves believe that it must be ‘quality, and worthy’ of such an investment.

The bottom line was though, that all George Brown had created was a bot for scraping emails from Craigslist, and then spamming the hell out of them with anything you wanted. As he said it took him 2 and a half years to make?

It was illegal, and pathetic to be honest.

What a let down…. a let down on the product, and a let down on George Brown for producing such rubbish, and insulting the intelligence of his subscribers.

Not only that, but the software had major problems and didn’t do as expected, so people were screaming that they had not received what they had paid for. Many also knew about the legalities of such a product, and wanted a refund.

Here for example, is a search result for the product still online today:

Predator-refund

Customers on forums were wanting George’s blood. They felt duped, and abused.

The problem was that George Brown had created such a loyal following, that when Predator launched it was like being slapped with a wet fish right across the chops.

The product really was rubbish, and not only that, but there were alternative products that did similar for a fraction of the price. But as I said, scraping and spamming (which essentially what the product was) was, and still is illegal.

How could George Brown get it so, so wrong??

It still surprises me even today what happened, and this was around 2 years ago. George had the marketing world at his feet, and had he done things the right way, I suspect he could have doubled his wealth. There was nobody around at the time in the UK to touch his success.

People, buyers and followers just could not believe what George had done. It was totally self inflicted.

Anyway, all this was around 2 years ago, and George Brown went quiet after that, but he is now back.

Last night I received an email from George asking me to watch his new video, in which he is promising to show all his subscribers exactly how he has made $21 million over the last 5 years (I told you he was a millionaire, but I didn’t know he was worth that much), and that he will show us everything, even his ‘hidden money generating systems.

This new launch is going to be called:

Profit Master Zero to $100k Master Path ProfitMaster.com

George has filmed a video of himself somewhere exotic (don’t they all), and pretending to be ‘just one of the regular guys’ again, states that he is going to show his subscribers everything that is usually hidden.

Here is what the website says:

$21_million_Profit_George_Brown

(Copyright George Brown, and companies)

In the video he claims that it is the publishers that are making the money, and not the affiliates (didn’t Google Sniper claims to make money for affiliates?!…hmmm), anway, yes, he is now saying that his new product will show, and teach how to be an actual publisher, instead of a normal affiliate who compete aginst each other.

The product is not out yet, but no doubt there will be more video emails to create anticipation, and get the affiliate marketers into their usual frenzy.

I will update this review as and when the product launches, but for now, and after George Brown’s last product, I am pretty sceptical about it.

My personal feeling is that George is going in for another last, and probably lazy payday. How he can sit there on his videos pretending to still be one of the top marketers is amazing to me, especially after the Predator product. It seems George has developed a thick skin, or that he is so far from reality, that he doesn’t care.

Not only that, but the Facebook comments under his video really does show that some people are delusional. The comments from his subscibers, many of which are oblivious to what happened at the last launch.

I am sure George Brown is not a bad chap. Good looking young lad who made millions the easy way, and all that….it is the stuff of movies. But this is business, and on the strength of his last catastrophic launch, I am just advising a little caution.

My advice is: Tread with caution This Profit Master Course

 

 

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How Some Free Racing Tipsters Manipulate Their Customers, and How to Avoid Them

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As many of you know, I spend a lot of time testing various systems, and racing tipsters, and one thing that has caught my eye more than most is just how they can be economical with the truth regarding their results, and success.

It sounds easy doesn’t it? All you do is choose a successful tipster, check their backdated results, and if they are showing a profit, you simply jump onto their success train. Really? Well if you read most tipster pages, and testimonials that is how easy they make it look, but I have found some real flaws in how some of them operate.

I am not just talking about free racing tipsters either, even those who charge a premium for thie tips, and information seem to have a set way of manipulation, and when you catch them out, they also have a folder full of excuses to cover their tracks.

eBay Racing Tipsters

To give you a perfect example of such manupulation I recently tested an eBay racing tipster.

eBay have a lot of tipsters, and systems, and most have been on there for months, and usually feedback is given by people who have only done a day or so worth of tips, so they could be positive at that moment in time, but if the results are half decent, then I like to try anything I am involved with over a much longer period of time.

I also check eBay constantly for any new methods, and tipsters and see if any of them stand out. I check their feedback as well as what else they are selling at the time, just to give me an idea of how serious the information is.

For example, if the ‘tipster’ is also selling 20+ other betting manuals then I can predict with certainty that this is not a serious service, but if the seller only has one auction, and the text is unique and unusual I look further.

By unique I mean not all built into a fancy template that pro sellers use, but just written text from an individual who may just have latched onto something worth pursuing, and decided to offer it to the public.

Although most would never do that, and offer what works for them, you do sometimes get little nuggets of information… no really, you do 🙂

Now this tipster advertised that they had made around £800 the previous week to £20 level stakes, and this was on their listing, like so:

Free_UK_Racing_Tipster

Now on this eBay listing the tipster placed all the results for their previous selections/tips, showing the prices and the profits given, which all look ‘great’, as they always do 🙂

So, as the listing was for 99p, I decided to give it a try.

I knew at some stage during the daily tips that I would receive the usual email from the tipster trying to get me to subscribe for full price, which would be fair enough.

After all, if he really was generating £800 a week through his tips, then there would be no shortage of willing, and eager participants looking to get in on a regular basis.

Anyway the tips started coming by email, mainly the night before with all these great prices and not an odds on horse in sight, so this particular tipster was obviously going for longer losing runs, and higher priced winners, which is not a problem as such.

Racing Tipster Results

These are the results from the first 4 days:

Saturday 23 July 2016 Result Profit  Bank
100
2.25 York – Dew Pond 7/2 l -10
2.50 Chester – Sunnua 9/2 l -20
3.00 York – Swift Approval 6/1 l -30
4.05 Newcastle – Southern Storm 3/1 l -40
4.10 York – Intisaab 7/1 l -50
Sunday 24th July 2016
4.10 Uttoxeter – Kayla 4/1 w 33 -17
5.30 Carlisle – Bajan Rebel 8/1 l -27
5.40 Pontefract – Henley 7/2 l -37
5.50 Uttoxeter – Innoko 7/2 l -47
Monday 25th July 2016
2.45 Newton Abbot – Edgar 11/4 l -57
3.55 Newton Abbot – Vexillum 9/1 l -67
4.10 Ayr – Ingleby Hollow 5/2 nr
4.25 Newton Abbot – The Bay Bandit 9/1 l -77
4.40 Ayr – Archies Advice 6/1 nr
Tuesday 26th July 2016
3:30 Yarmouth Basil Berry 11/1 l -87
3:55 Beverley Jacbequick 11/4 l -97
5:10 Yarmouth Bring On A Spinner 5/1 l -107

 

As you can see, that even with a starting bank of £100, this was in debit after only 4 days, so at the end of the 4 days I was standing at a loss of minus – £107

Not great, and as you can imagine after the £800+ advertised profit from the previous week, I was feeling desperately unhappy ( Not really, as I was only paper trading 😛 ).

But, had I been using really money like the 16+ other buyers from the same auction I wouldn’t have been jumping for joy.

Racing Tipsters Manipulation

But this got me thinking about the prices this tipster had been giving, and every time he sent me an email all these prices looked ‘great’ but when I went to any bookmakers, or on Betfair, I was not getting anywhere near to the prices being tipped.

I asked the tipster about this, and his reply was:

“Well, if you had put the bets on at 9pm the previous night you would have got them”

Really? Firstly, how many people actually sit there at 9pm waiting for an email, and secondly if using Betfair, which many do now due to being banned from bookmakers, the liquidity in the market would not have been there anyway if you were placing decent wized wagers.

It was at this point I decided to go back to the tipster’s eBay auction as I knew the week before he had been updating the listing daily to show the ‘success’. I could not prove this at this time as I was not getting tips, but even during the period I was getting the tips, and even after losing days I was seeing this:

“Loss yesterday”

“Today returned £100”

I thought “what?, the losses yesterday lost £120 to £20 stakes, so why are you not showing those?”.

It was blatant manipulation, and even when I questioned this by email I would instantly get met with this:

“A big winner will come along soon, don’t judge this over 2 or 3 days”.

The problem is, even on the results I have shown above, there were 15 selections and only 1 winner at 10/3, so nobody in their right mind is going to continue staking when they have already blown their bank in the hope of a ‘big winner coming soon’.

Seems ludicrous doesn’t it.

Yes, I know that there are winning, and losing days, and even winning and losing weeks, but where tipsters are concerned, it is the way they communicate which leaves a lot to be desired.

Now if I check the feedback of this tipster on eBay I see this:

Racing_Tipster_Losses

I must add that neither of the above were my feedback.

I also continued to test the selections for about 10 days, and again, at the end of the 10 days there was a loss, but the tipster continued to send these:

“Now your trial is over, you can join us for £35” emails, which did make me laugh, I must admit, because having the audacity to send such emails when the tips being given, and results achieved were so dire, that you could all but just shake your head at the cheek of it 🙂

Now some of you may remember that I recently testing a horse place betting system I generated myself, and that I placed the selections BEFORE the races had even started, and I even placed the odds I managed to bet on, again BEFORE the races had started, and I did this so that you could go off and check the odds I was stating, and then check the results after the races, the way it should be.

You can check my post on this system, by clicking the blue text above. This is how tipsters hould be operating, by being transparent, and reasonable in what odds their customers can get.

Sure there are variables, and odds change but if so, then state this on your service that it could happen!

Tipsters are a Minefield

Yep, they really are.

The problem is, that information is so easy to manipulate that most subscribers do not have the capability to check what is really happening.

This is my criteria for checking a valid tipster:

  • Check their previous results.
  • Maybe check the tipsters name in Google for reviews.
  • Make sure they have a very low starting price offer (or even a free trial).
  • Be alert to prices offered, verses those published.

I suppose the moral of this post is that you need to be careful what you believe, and buy into, especially where tipsters are concerned.

It is so, so easy to back check information and build it into an offer that looks enticing, and tipsters are masters at this, they really are.

So when checking past results, you should always take them with a pinch of salt, because in racing, the past will never equal the future, but it is very, very easy to make you believe it will.

I will add to this review over time, but I mainly wrote it so that you are aware of what is going on out there.

Conclusion on Racing Tipsters

Tipsters are ten a penny these days, especially now that the internet has made it so very easy to promote such services, but really when you get right down to the facts, anybody can have a few good winning days, but does that mean you should be selling your services? No it does not, because what will usually happen, is that once people realist there is no substance in your selections, your reputation will suffer.

A week or so ago I did a review on Betting Gods, and they have many, many tipsters on their books, but the difference with those guys, is that you can take a full 30 day trial and really check out their results before parting with some serious cash.

The have my recommendation mainly due to how professional they are, and they already have a growing reputation as one of the best in the industry, so I can advise that you check them out by clicking this tipster review.

Be cautious out there, and as I said I will add to this review over time.

 

The post How Some Free Racing Tipsters Manipulate Their Customers, and How to Avoid Them appeared first on Money Makers Reviewed.

Profit Squad Review. Fully Inspected, Tested and Explained

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Profit-Squad-Owner-Ben-PerchardAnother matched betting website is offered by Profit Squad. There is plenty of buzz at the moment surrounding the concept of matched betting, and rightly so as well.

This is a method of making money that has appeared in both minor and major publications with The Guardian even running a feature piece on it.

I have written extensively on the subject and I make no effort to hide the fact that I consider it to be one of the best ways on the market to currently make money.

The profits are guaranteed, not just with Profit Squad but with any such arbitrage service, and there are very few activities online that can equal matched betting for simplicity when making profit.

And the very best thing about it? Bookmakers absolutely hate it, and there is nothing they can do about it either, which makes it even better 😛

There is very little in the way of risk and if you are dedicated, the profit potential is pretty substantial. Mums, Dads, eithers Grand Parents are getting in on the act, because it is easy to do, so easy in fact that I believe matched betting has become the number 1 way of generating a second income on the internet.

In fact, if you know anybody making money online, or trying to, then chances are that they will either have tried matched betting, or heard about it – It is that popular.

The problem that you have with matched betting is that there are so many services appearing that it is difficult to know where you should start. Sure, you can do it yourself, but it is far easier to have a dedicated website doing all the ‘leg work’ for you.

As with anything that is successful, for every genuine marketer, there is somebody who pops up with a view to turning a quick buck off those who don’t know really know any better.

On top of this, some of the more established services can seem somewhat intimidatingly priced. So where can you look?

profit-squad-logo

(Copyright Profit Squad)

For Full Details on Profit Squad – Start for £1 – Click Here

Out of all of the examples that are currently on the market, I feel that one of the best is Profit Squad. In fact, if I am completely honest, there is a hell of a lot to like here. The service has been operational for what I would consider to be just long enough at this point.

All of the hiccups have been ironed out and for the team behind Profit Squad, it is pretty smooth sailing. What this means for you as a customer is that there aren’t problems to be had, technical issues or backlogs of support tickets.

Instead, if you do have a problem (and I should really stress the if there), the Profit Squad team are on hand to help you resolve it straightaway.

Let’s get on with the review…

Product Title: Profit Squad Matched Betting Service

Price: £1 for a 14 Day Trial

Guarantee: 60 Day Money Back Guarantee

What You Get:

  • – You gain full access to the Profit Squad Website.
  • – Full support.
  • – Matched betting training.
  • – Tools, calculators and spreadsheets
  •  – Additonal tools for dutching, and each way betting opportunities.
  • – Profit Squad Facebook Group

Profit Squad and Matched Betting?

So what is matched betting?

Put simply, it is a method of betting that allows you to bet with the bookies’ money in such a fashion that you can guarantee yourself a profit. This is done by taking advantage of the numerous bookmaker offers. You see these all over the web now and they can range from doubling a deposit to things like a free bet if your team loses or if an accumulator fails.

By loading our betting wallets up with these types of bets, we can place bets when the correct opportunities arise using these offers. By then laying through a betting exchange, you can guarantee that no matter the outcome, you will end up in profit.

Of course, this all sounds rather easy and many of you reading this will feel like I did when I first saw the concept, namely, “why haven’t I been doing this before now?”.

Well, there are many websites out there offering the service, Profit Squad being one of them.

This is Profit Squad’s Leading Headline:

profit_squad_image

(Copyright Profit Squad)

The fact is that whilst matched betting is very easy with the correct tools, it is actually a very time consuming process. I can tell you from experience (there was a time when I thought that I could do this alone) that finding the best offers and finding the right evets to bet on once I have the money in my wallet is not easy.

This is because of the sheer volume that is out there. I can list 20 bookmakers off the top of my head (although I won’t 😛 ), all of which have multiple offers. However, these 20 bookmakers are a drop in the ocean compared to the number that operate online.

Then you have to find the bets and so on and so forth and before you know it, you are making a full time job just out of managing things.

Enter matched betting management companies.

There are a number of these online however in trying to identify the best, I was consistently drawn to a few, one of them being Mike Cruickshank’s Profit Maximiser, and then you have Sam Stoffel’s Profit Accumulator, both of which I have done reviews on.

Profit Squad though was a service also being talked about. With this in mind, I have chosen to make them the focus of this review where I will talk a little about why I feel that they are one the best in the business, so to speak.

What Can I Expect from Profit Squad?

Put simply, the Profit Squad team will provide you with absolutely everything that you need as a consumer in order to get started with matched betting. They offer a hugely comprehensive service and this is first and foremost the main reason why I feel that they are amongst the best.

There is a host of training, tools, calculators, forums and an entire support team, all of which is designed to help you to succeed through Profit Squad.

Over the course of my review I will break things down for people so that you can easily find what you are looking for and to help people to get a better understanding of what Profit Squad is all about. The first thing that I think that I should look at is one of the things that anybody who is just getting started with matched betting will appreciate. The beginners page.

When you first log into Profit Squad, you are taken to a page that offers you a matched betting tutorial. This is a step by step guide from the Profit Squad team which takes your hand and literally walks you through every step of getting started.

Profit Squad Website Log In:

profit_squad_weclome_video

(Copyright Profit Squad)

It includes information on things like lay betting, opening an account with Betfair and shows you the sign up offers for bookmakers that you should be taking advantage of. This includes a video that shows one of the Profit Squad team taking advantage of a matched bet in real time.

This is fantastically presented and everything is clearly explained and demonstrated meaning that even the most nervous of people can follow along (although there is an offer of additional support if it’s required).

From here, Profit Squad talks you through doing the same thing again a few other times and invites you to enter the forums to introduce yourself. On top of all of this, Profit Squad comes with an “Unlimited Support Promise” which states that if you don’t think you’ll make £1,000 in 3 months, you simply have to get in touch with the team and they will help you to get up to this target figure.

Profit Squad Training

One of the many strengths of Profit Squad is that as well as providing you with the details of bets that you should place and what offers are currently available, there is a huge wealth of training provided.

This ultimately proves to be important as it shows that the Profit Squad team aren’t just interested in keeping you “in their pocket” so to speak, but they want to help their users to succeed as matched bettors.

The training itself is massively comprehensive and covers a number of different topics covering the basics as well as some advanced techniques.

profit-squad-training-ground

(Copyright Profit Squad)

The training itself is broken down into 6 different “modules” each of which is made up of between 3 and 5 videos.

You will note that I have put the term modules in quotation marks and the reason for this is that Profit Squad groups it’s training by a common theme rather than by having a set pattern that you should follow them.

The 6 modules are themselves grouped into Essential Training and Further Training.

The Essential Training starts by covering the basics which will help to support the training offered in the tutorial. After this, Profit Squad looks at placing matched bets. This is arguably the crux of the training for Profit Squad and is where the service really gets into the details that you need to know.

This includes how to properly utilise the various tools that Profit Squad provides including the various calculators.

Finally, the basic training for Profit Squad looks at safety.

This is the first part of the training for Profit Squad in which matched betting really considers the longer term implications (for example, there are sections dedicated to not getting accounts restricted and protecting your accounts) although it is far from the last.

profit-squad-training

(Copyright Profit Squad)

The Further Training looks at some of the more complicated aspects of matched betting as well as related methods of betting. The first part of your advanced training looks at different methods of using matched betting.

This includes things like arbitrage betting, accumulators and how you can use some of the other offer types that bookmakers put out. The next section looks at making money in the long term. This is something that is particularly important as one of the more difficult aspects of matched betting can be managing the income in the long term.

This looks at some other more advanced betting methods (including Dutching which I will dedicate a section to) and a video that specifically shows you “How to Make Over £1,000 Each Month”. The final part of the Further Training for Profit Squad looks at other tips. These are additional bits and pieces that will help you with matched betting and are hugely varied.

profit-squad-further-training

(Copyright Profit Squad)

All things considered, the training for Profit Squad is excellent quality and I have looked at some products before now that are infinitely less moral that would put this kind of thing together as a product in its own rights. Whether you are new or familiar with matched betting, the long and short of things is that you will find something here to help further your skills and knowledge.

Profit Squad LTD – Ben Perchard

What I also like about Profit Squad is that they are running behind a limited company (Profit Squad ltd), meaning there is full transparency, and nothing is being hidden. This has to give more confidence because as with any company, all details are on full public disclosure for anybody to check.

Profit Squad Ltd Ben Perchard

The owner, and director, Ben Perchard is also the face of the company, and whom you will see and hear mostly around the website.

Ben has a good teaching style, and the video content I have watched, featuring Ben himself, is very well done, well explained, and if I was totally brand new to matched betting (which I am far from) then I can well imagine that new customers would gain the knowledge they need quickly.

This is important with these type of websites, because as I have said a few times, there are a fair few matched betting websites appearing and you can be mistaken in thinking that one is the same as the other.

Sure, the basic concept is idential, but the content is different, and this is where I feal Profit Squad have set their differential

Profit Squad Facebook Group

As well as the website support on offer, you will also be invited to join the Profit Squad Facebook group where you can chat with other members and share ideas, as well as share all the latest daily offers.

profit-squad-facebook-group

I have used such Facebook groups before, and they are a fantastic addition to any such services, because there are only so many hours in a day that the owners can find offers, so if you have customers also finding (and sharing) them, then you are definitely in a good place.

Once you are a member, there is a dedicated page on the website where you can apply to be a member of their Facebook group, simply by sending your email address, and a link to your profile, so that they can check you are a genuine customer.

All making a lot of sense, as obviously they need to protect the area from non-paying-customers accessing the value of the group, and the sharing capabilities it offers for paying customers only.

Profit Squad Offers?

There are three main types of offers that Profit Squad looks at. These are:

  • Sports
  • Casino
  • Bingo

The first offers that you should be taking advantage of are new customer offers for sports which Profit Squad breaks neatly down into “Beginner Offers” and “Advanced Offers”.

The beginner offers are much more straight forward and are where you should probably get started whilst the advanced offers take a bit more work and may need bigger deposits. The Casino offers are broken down into risk free new customer offers and more advanced offers that include an element of risk.

The final Bingo offers are actually slightly more complicated as all carry an element of risk.

Profit Squad recommends completing the Further Training in order to make the most of these.

Profit Squad Daily Calendar

On top of this is the heart of Profit Squad, the Daily Offers Calendar.

profit-squad-daily-calendar

(Copyright Profit Squad)

This is a list of all the daily offers that bookies have put out. This is hugely helpful as it allows you to see exactly what is on offer on a given day. When you click on one of these offers you are told what the offer is, who is offering it and what you need to do to get the most from it.

What I really like about Profit Squad that a lot of matched betting products get wrong is that the team are honest about what you can expect. This is VERY important, because although you can definitely money matched betting (And I myself made around £8,000+ in my first few months a couple of years back), you still need to know what is realistic!

For example, at the time of writing there is an offer through a large bookmaker for the upcoming Premier League season. Unfortunately, if you want to get the most from it, this particular offer requires a large deposit which you must then bet through multiple times.

Profit Squad notifies you of this from the get go and explains what you should do to minimise any losses and how much you can expect to make. This means that you go into the offer fully prepared and aren’t left out of your depth (although it is worth pointing out that even if this offer isn’t right for you, there are another 23 offers lined up).

There are also an array of different downloads and spreadsheets that can keep track of your profits, as well as calculators and tools for many other ways of making profits:

profit-squad-downloads

(Copyright Profit Squad)

Each Way Dutching with Profit Squad

I cannot go into too much detail in terms of the dutching process that Profit Squad uses as frankly, it wouldn’t be fair on them.

I do however believe that it warrants its own section. The main reason for this is that through the use of the Profit Squad Dutching Calculator (a downloadable tool) it is entirely possible to profit from bets any time, regardless of whether or not there are offers available.

This allows for one thing that I have always felt is missing from a lot of matched betting products, namely the ability to guarantee yourself a profit, even when there aren’t offers available.

To say that this is a game changer is something of an understatement and whilst it may take a little while to get to grips with this aspect of Profit Squad properly, it is something that could easily be sold as a product in its own rights.

How Much To Start With Profit Squad?

This is one area that I don’t think it is fair to lie about. Whilst many matched betting products will claim that you need just a few quid to get started (and this is true in theory), if you want to get the most out of matched betting, you need a decent amount to get the most out of it.

That having been said, because of how Profit Squad is set up, you can probably get started with a relatively small amount of money (they claim £40) and build your bank pretty quickly from your profits.

In terms of the cost of the service, there are 3 different options for Profit Squad. The cheapest is the 14 day trial which is billed at just £1.

Profit Squad actively encourage potential users to start here as they say that you can make enough money to buy yourself a longer subscription simply starting out with these basics.

The monthly membership costs just £15 per month which is very reasonable for this kind of product and finally, there is an annual membership at a cost of £99 (which is temporarily reduced from £149). Both of the longer term subscriptions come with a full 100% money back guarantee.

So How Much Can I Earn with Profit Squad?

This ultimately depends on how much you are willing to invest (as with any matched betting service). Obviously the more you are willing to spend on Profit Squad, the more you can make from it.

The  team say that anywhere between £500 and £2,000 per month is an attainable figure and I think that this is a pretty fair metric based off my experience. Most matched betting services will claim around £1,200 per month however Profit Squad is definitely one of the better examples out there.

The image below shows the levels of profit that are available which is similar most months:

 

profits-from-profit-squad

(Copyright Profit Squad)

Profit Squad Pricing/Earnings

To give a more detailed look at the cost of Profit Squad, and the potential earnings, they have three levels of membership:

  • 14 Day Trial – This is to give you some confidence in their services, and then if at the end of the 14 days you are not satisfied with the profits you have made, then you can cancel. This trial costs just £1. The claimed income on the trial is up to £500 made in profit.
  • Monthly Membership – This membership cost £15 per month. This does not have any contract and you can cancel your service at any time you wish, and monthly membership also gains you full access to all the services. Monthly membership also has a full money back guarantee. It is claimed that you can make up to £2,000+ a month with monthly membership.
  • 1 Year Membership – The cost of yearly membership is currently £99. Again, this yearly subscription can be cancelled at any time, and gains you full access. Yearly membership is paid for in advance, as you are making savings against paying monthly. Yearly membership also has a full money back guarantee. It is claimed that you can make up to £24,000 a year on yearly membership.

If you look at the image taken from the Profit Squad website, you can see the different membership levels, and the potential earnings.

 

Profit-Squad-Pricing

(Copyright Profit Squad)

The fact is however that as with anything related to gambling, the actual takings that you generate from Profit Squad will likely differ from month to month depending on your investment, both in terms of time and money.

Conclusion on Profit Squad

I have already looked at the fact that matched betting is one of the better (if not the best) way of making money online. The question is whether or not Profit Squad is one of the better matched betting products on the market. The short answer, is probably yes.

It isn’t the oldest by any stretch of the imagination (As already mentioned Mike Cruickshank has been producing matched betting products for some time) however Profit Squad is one of the more polished, well explained, and well executed.

As I mentioned earlier, the time at which Profit Squad got into the matched betting scene. The mistakes had already been made. The things that could go wrong had gone wrong and what was left was very much a “finished result”.

This means that there is almost nothing to go wrong with Profit Squad and the team have very swiftly capitalised on this, setting up what is by far and away one of the most efficient and easy to follow matched betting services I have looked at.

Profit Squad on Youtube:

The guys who run Profit Squad really do seem as genuine as they come, and in fact, if you take a quick look at the following video, you will see one of the owners (Ben Perchard) telling you a little about the service:

What I particularly like about it is that there is no pomp around it. Everything is to the point, without cutting any of the details that you need. I also love the commitment that the Profit Squad team so clearly have towards making it a sustainable service.

Whilst there are lots of matched betting services that are perhaps left lacking once you have signed up, it is clear that Profit Squad is all about making sure that subscribers get the best possible results for all their customers.

This customer service is by far and away the standout service when it comes to Profit Squad. I have personally checked this online, as well as spoken to a few of my own readers. The whole team are on board, as are the members themselves in the forum, with everybody looking out for everybody else.

This sense of community is something that is oddly lacking in a lot of online based businesses however Profit Squad shows how you can do this right and more importantly, how it can elevate a system to great.

When you start to really compare what is on offer with Profit Squad, especially when compared with a lot of other offerings it really highlights the fact that there is excellent value to be had here.

It is by far and away the most comprehensive and complete package that I have looked at in terms of a matched betting product and if you are considering getting involved with this sort of thing, I can’t recommend Profit Squad enough.

Update on Profit Squad 13th August 2016

I just wanted to show you part of the service, and that is the email offers offered by Profit Squad.

For example today, Saturday 13th August 2016 the Premier League has just kicked off for another year, so opportunities for profit will be everywhere, and this is the email I received from Profit Squad earlier this morning:

Profit Squad Email Offers

As you can see, part of the service is you alert you on a daily basis as to where the profits can be made, including links to the offers, and in many cases video tutorials on how to claim the money.

Many other companies (matched betting) do this also, but I just wanted to show you an example of what Profit Squad send, and how they are searching for offers that can make their users quick profits.

This really is the very essence of matched betting. The offers are always there to be found, but where the real value of the service can be found, is having the offers presented to you on a daily basis, in a quick and precise way, which frees up your time to actually go and claim them!

The service comes with a full, and complete money back guarantee, so join them today, or at least give them a trial.

Profit Squad Has My Full Recommendation – And you know that means something 😛

For Full Details on Profit Squad – Start for £1 – Click Here

 

 

The post Profit Squad Review. Fully Inspected, Tested and Explained appeared first on Money Makers Reviewed.

How To Avoid Online Scams, Offers and Fake Business Opportunities

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In my work as a reviewer, I often come across products that are practically, or ethically dubious. And a few people have asked me how I actually compile my reviews, as they are usually quite detailed. Therefore I thought I would write down exactly how I review a product, and come to a conclusion on whether they are a scam, taking liberties, or have genuine promise.

I will often talk about red flags that I see that highlight that a product is a part of this collective. It has recently been brought to my attention that whilst I often make mention of such things, I have never really sat down and addressed this as a head on problem.

So with that in mind, I wish to look at some of the things that I look out for when I’m looking at a product.

A scam is referred to in the Oxford Dictionary as “A dishonest scheme; a fraud” citing the example of an insurance scam. Now I have to address the elephant in the room here, namely my use of the word scam.

There are a large number of misguided individuals out there who may genuinely feel that they are able to offer a service that ultimately fails. This doesn’t necessarily make them a scam; it simply means that they have a bad product. For something to be a scam there has to be a clear statement of intent to defraud and this is something that is generally very difficult to prove.

You know the kind of thing I refer to, when you read rubbish like this:

scam_evidence_1

(Copyright: somebody trying to pull the wool over your eyes)

An example of a scam would be a product that I looked at recently whereby the vendor was taking tips directly from the free tipster website gg.co.uk and marketing them as being their own.

This was complete with a resplendent story about underground betting software and specialist insight. In this case, the vendor knew that the selections he was issuing weren’t theirs. As a result, this is fraudulent and ultimately a scam.

How to Tell the Genuine Article from a “Scam”

I also look at a number of products that claim to have found the holy grail of betting with strike rates claimed to be ridiculously high and millions waiting for the taking. These are also fraudulent to a degree, however by selecting certain bits of data, a person can demonstrate that their claims aren’t technically false.

The fact is however that there are hundreds of product types out there and a vast list of things that you see that make a product questionable. This kind of misleading information, or ‘iffy’ set up, is however exactly what I look out for when looking at a product.

With that in mind, I would first of all like to break down my approach to a sales page.

This lets me get a feel for a product before I even open it (and I don’t think that I’m that far off the mark often). The second thing I shall look out for is some of the different methods that questionable marketers use to suck you into their products.

Things to Look For When Looking For Scams

Headlines

One of the first things that I look at, before I even glance at the product itself is the headlines on the sales page. These will always take pride of place and will likely be bold and bash and are designed to immediately draw you to the key selling point of a product.

This type of nonsense:

scam_evidence_2

(Copyright: somebody trying to pull the wool over your eyes)

Headlines are important to look at first as they will often set the tone for the product itself. Consider the following headlines:

  • “Become a millionaire within 12 months with this exclusive piece of software!”
  • “Do you want to become wealthier in just 12 months with this exclusive piece of software?”

One of those statements is much more grounded than the other.

The claim that you can become a millionaire is a very questionable one and any business owner will tell you that to even see turnover of a million (never mind your profit) in the first year is nothing short of miraculous. Simply becoming wealthier however is something that is more open. Earning an extra £5,000 per year certainly makes you wealthier.

With the two examples above, I would be much more prepared to dissect article one rather than article two.

The Marketing

The whole process of marketing in and of itself is often an indicator as to how legitimate a product is. Again, you should be on the lookout for outlandish claims and little details that don’t fit.

For example, I have lost count of how many supposedly top notch tipster services I have seen that were started by an ex-city trader and his old college buddy with a top IT job. Yes, these are both examples of things that can happen and in fact have before now, however these are very much an exception rather than the rule.

I am also always wary of any mention of a mysterious mentor, forgotten old book or advice of an old friend or relative. In fact, my gauge for any product in terms of its legitimacy is how much it is able to say about itself on a sales page. If there is a legitimate system in place, whether it is for affiliate marketing or Forex, or a tipster, then they should be able to paint a picture of what you can expect without giving the game away.

Once again, I would ask you to consider two examples:

  • “After weeks of trying to get traffic to my site, I called up my old buddy John (who was a computer nerd in Uni who ended up walking away with a PHd in neural networking). We sat down, and for months, burned the midnight oil putting the data in hundreds, if not thousands of different ways. The end results was…”
  • “Having trialled a number of different methods of generating traffic for my new blog, I found that ultimately, I was having the most success with Facebook Ads. With that in mind, I focussed on them and saw even more traffic coming my way as I played with different methods. I call these methods…”

You can clearly see how one talks about what you can expect. It is a product for helping you to use Facebook Ads. The marketer details the process and how they reached the conclusion that this was the best method of generating traffic.

There are also no attempts to obfuscate anything and there is no distracting information there. The focus is purely on the product (this is something of a recurring theme and I will be looking at this in greater detail below).

Evidence is King

If a service makes any claims, it should provide some evidence to back this up. In the case of a tipster service, it will be proofing. In the case of a home business opportunity, it might be screenshots detailing an increase in income or traffic or sales.

This doesn’t however mean that evidence shouldn’t be blindly considered as gospel either.

One of the best examples of evidence of a product working that you can see is video footage. This should ideally be unedited and a continual stream. An often employed “scam” tactic is to show video footage of the start of something and then cut to the end of it showing a great success.

The next best piece of evidence is definitely images, however these can easily be doctored and so should be treated with some suspicion. Look for a difference in fonts that show that they might have been altered after a screenshot has been taken.  Other things to look for are different colours behind the font and different “pixilation” around any text.

The final piece of evidence is one which talks about results. This is the one that I always treat with the most suspicion. For example, I could easily write here that my tipster service has generated profits of 572.8 points over a year.

The fact that I don’t have a website or a tipster service doesn’t stop me making the claim and nor does it stop unscrupulous marketers doing the same. Unfortunately, there aren’t any real tricks here other than to apply some common sense and question everything.

Advanced Methods of Checking Evidence

evidence

There are a number of more advanced ways of checking for red flags, none of which are actually that difficult but can go a long way to discerning the legitimacy of something.

The first is to Google the name of the product creator. Have they released products before? Do they show up elsewhere? This is something that is very important as genuine content creators are happy to have their name out there. Consider people like Matt Houghton, the author of the Betting Rant or internet marketing guru Tim Lowe.

These are real people and they are happy to associate their identity with their products as they genuinely believe that they are putting out something quality. This is in direct opposition to products from one shot marketers who are offering something too good to be true.

You can also use Google to see if people are actually who they say they are by cross referencing information. A prime example of this kind of slip up was a tipster service allegedly operated by an ex jockey. His career in tatters following a bad fall at a race track that unfortunately for him didn’t exist. A quick search showed that a course had existed there once, but closed many years ago.

In future updates of the website, this was changed to a course that was actually open when the “creator” was supposedly racing.

The second phase is to use Google again, this time a reverse image search. This can be done via Google or in Chrome, you simply have to right click an image and select “Search Google for Image”. This is an important thing to do as it allows you to see whether or not this is genuine evidence being provided. I have seen a marketer use a photo of a well known Professor at Bristol University as their “down on their luck” character.

One of the most important tools that I use is the website Who.is. For those who aren’t familiar with it, it allows you to look at details of who registered a website, when it was registered etc.

More often than not, if you are dealing with a dodgy product, the details will be left anonymous. This also ties in with something that is often overlooked, namely the UK company records checker. By looking at the details of the company that have registered a website or looking to see if a name is associated with other companies, you can easily paint a picture of what you are looking at.

You will often notice with my own reviews that if there is a company behind the product, then I make reference to that.

The Focus should be on the Product

The most reliable method that I have encountered for seeing if a product is a scam, exaggerating or even questionable, it is to look at what the focus of the sales material is based on. Any reputable and decent products sales material is dedicated to the product itself. There will be plenty of evidence provided to back up the claims made and whilst the product creator may talk about their credentials, it will be to discuss what led to their product being a thing that is available.

The Money Back Guarantee

A money back guarantee is by no means a guarantee that you are buying into a quality product however it is something that I always look for when I’m purchasing a product. The best money back guarantee on the market is on any product that is sold through the Clickbank platform. This runs for 60 days and is backed by Clickbank themselves which means you can always get your money back.

Other money back guarantees are often something that are offered but you deal with a vendor. Whilst many vendors are more than happy to offer a refund if a product isn’t right, there are some will try to talk you out of claiming your refund. This may involve talking you into “sticking things out”, offering additional support or even other products and services.

money-back-guarantee

Ultimately however, if a money back guarantee is offered, it should be honoured.

This doesn’t mean however that all services that don’t offer a money back guarantee are scams and vice versa. Many tipster services that are genuine don’t offer any form of refund policy as the nature of their business is that it can be inconsistent in the short term.

It is worth building on this however to say that offering a money back guarantee can be a way for a scam product to add an air of legitimacy. I have seen a lot of dodgy tipster services offering a 60 day money back guarantee (via Clickbank) but a 90 day subscription.

I have then heard of tipsters who will encourage people who want a refund to stay on, see out the subscription etc. with an offer to refund if they aren’t in profit at that point.

Unfortunately, once your 60 days are up with Clickbank, you are relying on a vendor to honour their word (which is where establishing the identity of the marketer is so important).

Just be aware though that there are many instances of Clickbank banning accounts of those who claim too many refunds, and this is because Clickbank make their profit from a cut from the vendors sales, so too many refunds coming from the same customer will have your account banned.

The “Free” Product

This is a rather questionable method of marketing that is most often employed in relation to binary options trading bots, although it is worth pointing out that I have seen them appear elsewhere. The “Free” product is where you are offered a product for free, however in order to get the free product, you have to set up an account with another company, often times having to make a deposit.

In cases like this, the marketer gets paid a commission for you creating a new account with a company which means that even though you aren’t “paying” for their product, you are in a way still. Why it is particularly important to look out for this kind of thing is that in my experience, the “free” product that you signed up to get very rarely works.

Circular Logic

I don’t intend to dedicate too much time to circular logic but it is something that can be often used with scam products to make them seem legitimate. One of the examples that has always stayed with me was actually on a Forex trading product.

The whole premise was that 5% of Forex traders make money. This means that 95% of Forex traders must lose money. Therefore, by doing the opposite to the majority of traders, you will make money.

The product itself was a few indicators that the creators claimed would show you what the 5% were doing. It lost a lot of money. But to look at this kind of self proving argument, you could easily be swayed. This circular logic is something that you should always keep an eye out for as they are primarily designed to over simplify and obfuscate information.

Questionable Reviews

Whilst the focus of this article is on how to tell if you are looking at a genuine or a scam product online, it is also necessary to mention the review process as well. Whilst all my reviews are fully researched and unbiased, a lot of reviews that you read for products come from people who are in fact looking to sell the product they are reviewing.

Personally, I don’t mind taking an affiliate commission if something works, but if something does not work, then there is no way I would even think of promoting it.

If you are involved in internet marketing in any way, you will be familiar with this affiliate marketing method. For those who don’t know however, it can be very misleading to see glowing product reviews everywhere online, only to spend their hard earned money on a product and find that it doesn’t deliver.

To help you tell if you are looking at a genuine review or not, have a look at whether or not the product name is in the URL (for example www.productxreview.com) as this kind of URL is often optimised to appear high in search engine ranks and therefore, have more people buying a product through that “reviewers” affiliate link.

You should also look to see if there are other reviews for other products, and if so, how far back do they go?

Pyramid Schemes

I don’t want to spend too much time on this as I feel that there is an article in and of itself in this topic. Briefly, Pyramid schemes are increasingly on the decline however they do still exist in a form. They are usually portrayed as a multi level marketing schemes in which you are selling a product to people. The product itself is usually very vague and involves people signing up with the scheme itself to get the product.

pyramid_schemes

Essentially, pyramid schemes are all about having people “paying up”. Everybody new to the business pays £10 which is split between the person who signed them up, and the person who signed that person up and so on and so forth. This is highly unsustainable however and people have lost a lot of money signing up to these services, only to find that they can’t recruit and make their money back.

Conclusion on Avoiding Online Scams

There is no “de facto” method of telling whether or not you are looking at a scam product or not. I am sure that to many people reading this, a lot of what I have said seems like common sense, to others, it may be completely new and eye opening. The fact is that the only way to learn when you are looking at a scam or misleading product is experience.

The more you watch out for, the better your understanding will be. I have spoken with friends who have run successful businesses and manage massive sales teams who when presented with the kind of circular logic that jumps out at me, feel that it sounds perfectly logical and would happily part with their money to learn more.

This shouldn’t put you off trying to make money online however. There are plenty of products out there that offer genuine help and it is definitely possible to make a success of it. Generally speaking, I would say that if something sounds too good to be true, it probably is.

I would even go as far as to say that this is rule number one when trying to determine whether a product is real or not.

My review on Streetwise Publications will also show you the kind of content that can sometimes over-exaggerate the reality of a product, and this can be found by clicking the link above, and is what I call the perfect example of how a company can sometimes over-advertise the potential of a product.

The problem with the online marketplace is that for everybody who genuinely wants to help others to make money, set up a business and improve their lives, there are plenty who are looking to make a quick buck.

If you take the time to look properly, you will see that there are certain patterns which emerge amongst those who are only interested in your money. I have tried to highlight some of these however this article is by no means a comprehensive guide.

I do however hope that it has opened your eyes and changed how you view products online, how I compile my reviews, and most importantly, that it will save you some time and hard earned money down the line 🙂

 

The post How To Avoid Online Scams, Offers and Fake Business Opportunities appeared first on Money Makers Reviewed.

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