4

What Is a Ponzi Scheme and How Does It Work? – Learn to Avoid Them!

If you have seen some “Make Money Online” -scams, you have probably heard a term “Ponzi Scheme”. But What Is a Ponzi Scheme and How Does It Work? Today I am going to explain you in a simple manner and give a few tips how you will never fall in them.

What Is a Ponzi Scheme?

Ponzi scheme is a fraudulent investment operation where the founder pays very high returns for initial investors. The money comes from new investors and they are paying for those who joined the program earlier. When new investors stop coming in, the system collapses.

Normally when you invest in a stock market, you can expect on average 6-8% annual interest. But Ponzi schemes promise you much higher returns, for example, 200-300% ROI. High returns entice new investors to join. And when the first investors start seeing their income, they recommend the program for others and the system grows.

Many times a Ponzi scheme is hidden under a business that looks legitimate but really is not. For example, Click Ad Xpress, Fort Ad Pays or Lotto Magic promises to give you a product but actually all returns depend on new investors.

Here simple video explains very well in 83 seconds how a Ponzi scheme works

Charles Ponzi, the Founder of the First Famous Ponzi Scheme

Ponzi schemes started in the 1920s by an Italian guy called Charles Ponzi. He said that by buying postal reply coupons and redeeming them in the United States they would make a huge profit. He promised clients a 50% profit within 45 days, or 100% profit within 90 days.

When new people joined, he was able to pay high returns for the first investors. Investors had already invested more than 20 million before it collapsed after a year from starting the “business”. 20 million in 1920 equal to more than 250 million in 2017 because of the inflation. It helps you to understand that Charles Ponzi’s scheme was a big thing back then.

But after all, Charles got arrested by running this system and cheating other people. That’s what happens to most Ponzi scheme founders after all. Many times they take the money the investors have give and try to disappear. But often police finds them and puts them into a jail. Now, for example, Bernard Madoff is sitting in jail for the rest of his life (or until 2139) because of his Ponzi scam back in 2008.

It gives us a lesson that doesn’t ever create a Ponzi scheme. For me, it’s even hard to understand how some people can become so immoral that they start cheating people with Ponzi schemes. That’s why the Book of books says:

For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.

Money itself can be a neutral thing but if you love it more than anything else, your values are not very good, in my opinion. That’s why I recommend making money online by providing value for other people.

How to Stay Out of Ponzi Schemes?

Nobody wants to get scammed. That’s why I have written you 5 principles how to avoid scams online. If you follow those rules you will never get scammed. But let’s concentrate today on Ponzi schemes. How to avoid them.

1.If somebody promises very high returns on investments, be careful. I am not saying that high returns on investments are not possible. I, for example, made a 1500€ profit with 500€ investment with bitcoins which is not a Ponzi scheme. Some of my friends have made even tens of thousands of euros in a short period of time with bitcoins. High returns are possible but you must be are careful when somebody is promising something like that.

2.Investigate what is the business model/system all about. Is there a real business or are they just promising something that isn’t real? The business where you are investing must provide some kind of value.

3.Read reviews. Nowadays we don’t need to trust only what our friend says because we can check the information also on the Internet. Google the system and write, “Is xxxxxx a Scam?”. Then check 5-10 ten articles to find out the answer. But remember that people may be promoting Ponzi schemes so you need to be careful with some reviews. That’s why the free trial of the system gives a better picture.

I would like to hear from you also. How could you avoid Ponzi schemes? Leave a comment below.

Conclusion – What Is a Ponzi Scheme and How Does It Work

Let’s take a short summary what are the characteristics of a Ponzi scheme:

1.Promises ultimately high return on investments
2.Not a real business model = Doesn’t provide any real value
3.New investors high returns make possible
4.System collapses when nobody joins the system again

I am glad that I have never fallen into a Ponzi scheme. The first real “make money online” -program that I found was Wealthy Affiliate and it turned out to be a legitimate system. They teach how anybody can build a real online business even without former experience. I saw there people who were making more than $10,000/month online and living like a king in China.

My first thought was that it must be a scam. But when I got to know these people personally and saw more and more examples, I realized that Wealthy Affiliate training works. Nowadays I am making money online every month and I planning to become a full-time online entrepreneur soon. Then I will also move to Asia like my mentor in Wealthy Affiliate (nowadays he lives again in U.S). If you are interested in making money online, I recommend taking a closer look at WA.

=> Forget Ponzi Schemes. Learn to Make Money Online in Wealthy Affiliate!

 

Have you ever seen Ponzi schemes online?

Let me know in the comments below! 🙂

4

$33k In 2 Months With Just 5 Hours. Is Turnkey Profit Machines a Scam?

Build a proven $10,000-plus/month system; easy to install and implement even without prior experience; autopilot operation.  These are just a few of the promises made by the Stefan Ciancio, Simple Spencer, and Greg Kononenko. But is Turnkey Profit Machines a scam?

This is a question that you should always ask before being taken in by promises. Your diligence in researching about the product will pay off well.

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Name: Turnkey Profit Machines
Website: www.turnkeyprofitmachines.com/live.html
Founders: Stefan Ciancio, Simple Spencer, and Greg Kononenko
Price: $27
Field: Make Money Online -Programs

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What Is Turnkey Profit Machines?

Stefan Ciancio, Simple Spencer, and Greg Kononenko are the people behind Turnkey Profit Machines, an online marketing program. As can be expected, the trio makes the usual Internet marketing claims, such as a set-and-forget system requiring little work yet giving large rewards. They even added a $33,000 case study to attract more people to buy into the program.

The clincher: The promise that this is a real system that will generate real online profits for real people. But don’t fall for these promises so fast since nothing’s as easy as it sounds in online marketing, especially with the increasingly competitive industry.

=> Tired of False Promises? Learn to Make Honest Money Online!

After your purchase of the program, you will soon be offered several upsells and downsells. This is such a common tactic in many online marketing programs that even relative recognize as red flags. You will obviously spend more money on buying the upsells and downsells, which means more money for the trio. In my #1 recommendation, there are no upsells because they tell right away what are the prices and what they provide for free.

Turnkey Profit Machines’ upsells and downsells are also too amateurish to be even taken seriously. The $33,000 case study is just fluff for the most part while the video testimonial by a person who apparently made $7 million is dubious. Think about it: If you made millions using Turnkey Profit Machines, will you tell other people about it without getting something for yourself?

Suffice it to say that the inconvenience of accessing the training, no thanks to the upsells and downsells, is a big turn-off. But there are also many other things that make the Turnkey Profit Machines little more than a scam in my opinion.

What Do They Teach?

First, the theory seems easy but the practice isn’t, not by a long shot.  Basically, the steps are as follows:

• Find a responsive online market that you can actually be a good competitor in
• Create your Shopify store offering the products and services that will address the needs and wants of your chosen market
• Drive targeted traffic to your online store
• Build your email list so that you can offer new products and encourage customers to buy more from your store

It seems simple yet so complicated in practice. This is where the Turnkey Profit Machines fail their buyers.

For one thing, the trio of creators failed to provide in-depth discussions about each of the steps. This is such a serious oversight considering that newbies are their main target. The absence of step-by-step guides, useful tips, and expert instructions will leave newbies hanging in the air, so to speak. If you want a step-by-step training to make money online, have a look at Wealthy Affiliate.

Veterans, on the other hand, will not find anything new, much less revolutionary in the program. Instead, many will be left scratching their heads over the bad pieces of advice.

For another thing, the creators teach people that the best traffic-driving method is Facebook ads. You will then be instructed to create a Facebook account with your niche as its focus, link it to your Shopify store, and advertise ads directed at your target market. You can then either cut the campaign if the ads fail or pour more money into it in case it succeeds.

But does Facebook ads work? Yes but you have to know exactly what you’re doing to make it here. If you’re a newbie, you will have such a difficult time understanding and dealing with paid ads. Your first instinct then is to back out of Facebook ads, which isn’t such a great start to your online marketing plans.

Who Is Turnkey Profit Machines For?

The product is obviously designed for newbies in online marketing.  You’re likely a newbie if you fall for the promises made by the creators of Turnkey Profit Machines. You will find that veterans will find the content nothing but fluff. Learn how to avoid scams online.

Turnkey Profit Machines Tools & Training

The program provides basic training limited to videos and texts. You will be shown how to set up your e-commerce store, sell products in it, and attract traffic to it, as well as the basics of drop shipping.

But here’s the thing about the training in the program. You can actually find better resources in other websites. You don’t even have to pay for the more reliable information, unlike when buying the Trio Profit Machines.

With the purchase, you will also get four modules with a total of 16 videos, all of which are presented by Simple Spencer. You also get the over-the-shoulder point—of-view case study, supposedly by the person who achieved the $7 million mark.

Turnkey Profit Machines Support

The three creators can apparently be contacted for answers. The website also features a members’ area when you buy the program.

The Good & the Bad

There are a few good things about the program:

• A few useful tips about product sourcing and selling
• Low price
• Reasonable step-by-step training although not as in-depth as necessary for newbies

The bad things about the program are plenty including:

• Lacking in in-depth discussions suitable for newbies
• False promises including simple steps, high income, and “automatic earning mode”
• Risky Facebook ads strategy for newbies
• Requires capital for sourcing the products, setting up the online store, and advertising
• Upsells, such as the case studies for $27 additional fees, meet the client almost immediately

My Final Opinion of Turnkey Profit Machines

In my opinion, Turnkey Profit Machines isn’t exactly a scam but it’s straddling the thin line between a scam and legitimate program. While you will get four modules that contain useful tips about online marketing, the contents aren’t worth the money you paid for them. You’re better off reading instructional materials and watching educational videos, perhaps even asking your mentor, than buying into it.

If you want to get into affiliate marketing with proven results, I highly recommend Wealthy Affiliate. You can create your own website within minutes, get hosting and domain services, and choose from hundreds of products. If you don’t want to use a single penny, that’s definitely fine. You will get 10 interactive video lessons, 2 free websites and my 1-on-1 mentoring to get started. You will also get an access to other very successful Internet marketers within the community.

 

Have you tried this program? Am I being too critical with Turnkey Profit Machines?

Let me know in the comments below! 🙂

6

Is Trio Profit Machine a Scam? Yes It Is And I Will Tell You Why!

 

We have been asked this question – “Is Trio Profit Machine a scam?” – several times, especially by newbies in affiliate marketing. Here’s my short answer:  Yes, it is a scam. Of course, there’s more to it so let’s look at the program more closely.

What Is Trio Profit Machine And How Does It Work?

The Trio Profit Machine is a product created by Jani G who has a string of online products to his name, many of which are of questionable use. His introduction should already ring warning bells because of his promises of high daily income.

His promise is that the Trip Profit Machine can generate three income streams on complete autopilot. This means the ultimate in passive income because your daily earnings will flow without manual effort on your part. You will earn between $122 to $708 per day, a promise that may or may not come to fruition for many reasons.

By now, your brain’s running on overdrive regarding the possible daily income. But don’t be because there’s no truth to his claims for many reasons.

=> Tired of False Promises? Make Money Online Honestly! <=

Keep in mind that his so-called three income streams or profit machines are nothing more than the stages of a funnel, namely:

• You have to sign up customers to free offers by using either free or paid traffic.
• You must then offer them other products with the promise of their brighter future while they’re waiting for order confirmation.
• You should also offer them upsells (i.e., better versions of the product) and, thus, you can make more money.

After these three stages, you will now be on the Trio Profit Machine’s mailing list. You may or may not appreciate being the recipient of new offers made on daily.

Even a relative newcomer to affiliate marketing will see the folly in the program. This is because programs that offer other products and/or upsells are usually up to no good. Why would you offer similar products or better versions of your product when yours is already the best? Of course, there are exceptions to this principle but most of the scams offer tons of upsells.

Poor Value for Your Money

Despite a few similar products under his belt, Jani G still hasn’t polished his style, both in terms of video production and text creation. He has such a poor grasp of the power of the English language while his videos have an amateurish feel. He doesn’t appear to put more time, energy and effort into the Trio Profit Machine than in his previous products.

But let’s assume that you don’t know these things yet. You buy the product, which turns out to be a 52-page e-book detailing the three income streams. You find out, too, that Jani calls these income streams as Impulse Buyer Income, Backend Income, and List Follow Up Income.

You will then realize where the abovementioned profit machines fit into Jani’s scheme. Your veteran affiliate marketing friends will also say that these concepts aren’t as new as Jani says they are, far from it. The only new thing about them is their labels.

For example, backend offers are nothing but upsells while email follow-up income is just email marketing income. Plus, these income streams are already available, not to mention better presented and explained, in better online marketing programs.

Nothing New in this Program

Aside from giving new labels to old concepts, Jani is also inconsistent in his use of labels, another red flag. For example, he calls backend income as download page income in different sections without giving an explanation regarding the change. Let’s just say that he didn’t “discover three income streams” because he only renamed them so that newbies can be taken in by fancy names.

Yet another sign of non-originality in the Trio Profit Machine is the use of an old internet marketing model. Jani introduces an opt-in page, a download page, and an OTO page in his program – and there’s nothing new there either.  You will find these pages in almost all online marketing programs, too.

The Trio Profit Machine also encourages its subscribers to adopt several ineffective strategies. For example, affiliate offers are disguised as bonuses, a tactic that will likely turn off your prospects. Your mailing list will grow shorter and shorter because your subscribers will eventually realize your greed at their expense.

And then there’s Jani’s blatant promotion of his coaching program on auto-responders. Instead of demonstrating to his clients the effective ways of using auto-responders, he encourages them to buy into his coaching program – and, of course, it’s for a fee.

Who Is Trio Profit Machine For?

The program is designed for both newbies and veterans. But since veterans already have knowledge about Jani’s methods, newbies are most likely to be the next victims, er, buyers.

Trio Profit Machine Tools & Training

The program has a members’ area, links to training videos, and a PDF download.

Trio Profit Machine Support

The members’ area appears to be the only support for buyers.

The Good & the Bad

Unfortunately, there’s nothing good to be said about the Trio Profit Machine, per discussions above. In terms of its bad aspects, these include:

• Old principles and practices given fancy names to reel in the unsuspecting newbies
• Inconsistent labeling for the strategies
• Amateurish videos and content
• Upsells are present

Jani also makes unrealistic promises. For the daily income to be achieved, you have to possess many things, such as a huge email list, an effective targeted traffic program, and trending products. You will not stand a chance at the $700 daily income when one of these things are missing.

But Jani doesn’t say these things, much less discuss them in depth.

Our Final Opinion of Trio Profit Machine

With that said, I have to say that, without a doubt, the Trio Profit Machine is a scam! If you buy into it, you’re paying for information that can be secured for free online. You’re also getting a poorly produced program that will never attract money into your account.

Instead of the Trio Profit Machine, we recommend becoming a member of Wealthy Affiliate, a well-known reliable affiliate marketing company. You have the opportunity to create your own website, choose from a wide range of products to promote and earn money from commissions. You also have the benefit of hosting and domain services for, truly, Wealthy Affiliate is the one-stop shop for affiliate marketers.

=> Log on to WealthyAffiliate.com now and see for yourself!

 

Do you have experience about Trio Profit Machine? Have you already tried Wealthy Affiliate?

Leave a comment below and I’ll be sure to follow up with you!

6

Is Two Dollar Click a Scam or an Easy Way to Make Money Online?

Would you be excited to earn two dollars per click? That is what Two Dollar Click is promising for you. Are they really honest or are they just giving you false promises? Let’s find out is Two Dollar Click a scam or not.

Two Dollar Click Review       

Name: Two Dollar Clock
Website: www.twodollarclick.com
Founder: Jordan Welsh
Field: “Get-Paid-To” -Sites
Overall Rank: 1/100

What Is Two Dollar Click All About?

Two Dollar Click is an advertising paid to click (PTC) website that rewards users for clicking and viewing on Advertisements. It is a platform where companies pay to place Adverts while registered members get paid for clicking to watch such Adverts. They claim that for every click per view the members earns $2 or more, this seems like an effortless way for people to make money and more reason why a lot of people wanting to make quick cash keep falling into their trap. The earnings Two Dollar Click is offering is just way too high compared to what other PTC websites pay for rendering the same service, this makes me think of their activity as a very suspicious one.

Two Dollar Click claims to have over 2 million active members and have so far paid over 13 million dollars in commission but unfortunately, we do not hear of any positive reviews out there rather people screaming everywhere that it is all a scam.

=> Tired of Scams? Learn to Make Honest Money Online

How the Program Works

The signing up process takes less than a minute. To register for an account, you are required to give a few personal details such as your; Name, Email address, and Country. But also be conscious of the fact that they do not have a privacy policy, so you can never tell what they might do with your email address. However, once you are registered you can start clicking ads to earn money. Simply click on the ‘view Ads’ tab at the top of the site which will take you to the page where you can start viewing Adverts. Here, you can now watch an ad for 30-80 seconds and then click on a number to after viewing to confirm. You can earn anything between $2 for free members and $8 for higher members.

How Much Money Can You Make on Two Dollar Click?

As a free member, you are limited to only $2 click per Ads. It should be noted that it is also mandatory for a free member to reach a minimum of $1000 before he/she can cash out. So, that basically means you will be required to click on 500 Ads to making ($1000) the required minimum before you can withdraw your earnings but for the premium accounts, two dollar click offers them to view Adverts worth $4-$8 per click.

Upgrading to Premium Memberships involves two levels;

First level – Golden at $19.95

Second level – Ultimate $39.95

However, there are no details of what each level entails and the link provided for more information does not work, instead, you are been directed back to the same page. Premium members can also purchase banner Ads.

However, they claim members can also make money by referring Two Dollar Click for people to join. A link is associated with your account that can easily be shared to your contacts and if eventually someone joins through you, a commission is paid to you. Members can earn 10%-200% from their referrals, depending on the level of membership. The basic members receive 10% of their referrals earnings while the premium members receive up to 200% of their referrals earning (depending on which level). Isn’t this a very tempting offer? But the truth is they are hoping you fall for it, so they can get enough money from you.

Members are provided with two payment options which include; PayPal and Payza. Payments are said to be paid 60 days after a request to cash out must have been made, however, your payments will remain pending because they never intend paying you.

There is nobody in this world who would earn $47,853.81 by clicking ads. However, with affiliate marketing, it’s possible to earn even $47,853.81/month. Check out these 5 guys, for example.

Pros & Cons

The Pros:

• It is free to sign up

Cons:

• Website looks unprofessional and lacks important informative contents
• Membership upgrade is very costly.
• Minimum cash out is $1,000 which takes quite some time to reach and 60-day payment processing is absurd
• Earnings reset automatically if inactive for more than 60 days
• There are no means of contacting the support team

Conclusion – Is Two Dollar Click a Scam?           

Well, I wished I could earn $2 per click Ads but unfortunately, Two Dollar Click is absolutely a scam and I urge people not to waste time clicking ads on their website. How can they claim to pay members $2 or more just to view Ads? When the usual rate of other PTC sites is just a few cents per click at most.

It is obvious Two Dollar Click collects money from the Advertiser and also those who signed up for membership and keep filling its personal account with their money. Have you wondered how Two Dollar Click which sells an Advert for 1/2 cent per click can pay members $2 and above? It is never going to happen, please run away it is a scam. In fact, I haven’t heard of such advertisers who will want to pay $2-$8 per click in the PTC industry

Besides there are too many complaints about Two Dollar Click on forums, YouTube and social media’s, all saying that payments are not genuine. Therefore, it is best to stay away from such fake websites so that you don’t have any regrets!

Two Dollar Click at a Glance…

Name: Two Dollar Click
Website:  www.twodollarclick.com
Founder:  Jordan Welsh
Field: “Get-Paid-To” -Sites
Overall Rank: 1 out of 100

VERDICT: NOT RECOMMENDED

 

Do you have experience of Two Dollar Click or another PTC-site? Did you like it or not? Leave a comment below!

6

Is My Home Job Search a Scam? It Looks Very Promising But Did You Know This!?

Every year more and more people are making money online. People are spending more money online than ever in the history. It opens doors for new job opportunities. My Home Job Search promises to show how you can find a job online. In this review I will show you is My Home Job Search a scam. I will also offer you a few better ways to make a living online.

My Home Job Search  Review

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Name: My Home Job Search
Website: www.MyHomeJobSearch.com

Field: Freelancer Online Jobs
Price: Free Account or $29 Premium Account

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What Is My Home Job Search All About?

My Home Job Search is a website that promises to connect those are looking for an online job with employers. They promise that you can work from the comfort of your own home and earn something between $14-56/hour. They say that there are so many jobs available that you can decide your own working hours. Want to work 30, 15, or 4 hours a week? You decide.

The idea sounds similar like in Fiverr which is a huge marketplace where you can make freelancer jobs or hire other people for a cheap price. At first, I thought that My Home Job Search could be even better than Fiverr to find a job online but then I found out the truth about their site.

Fake Testimonials

 

“I just wanted to write in and say thank you so much for this wonderful service. I landed a customer service position from my home paying $18 per hour and I couldn’t be happier!” -Candy

This is one of the testimonials they have on their page. But take a look where the picture has taken: Shutterstock. Then they have just added a story for that woman.

There are also many other fake testimonials on My Home Job Search. Once you look at the picture, you can find exactly similar pictures on Shutterstock picture database. In my opinion, making fake testimonials is disgusting.

You may also want to know that their CEO Michael Anderson is also fake. His picture is also taken from the same picture database called Shutterstock. You may have seen the same picture also in other scams. He is a young good-looking guy so maybe that’s why many scam artists like to use his picture.

=> Tired of Scams? Find Out How to Make Money Online Honestly!

Fake Facebook Likes

On the top of their homepage, you can see that 485,529 people like their page on Facebook. However, that’s not true. When you try to click “Like” or “Share” yourself, nothing happens.

Then I tried to search for their page on Facebook and it doesn’t even exist. It seems that everything on their page is fake…

Fake News

On My Home Job Search homepage, they have embedded a Youtube video which shows moms who are working online and making good money from the comfort of their own home. I know that it’s true because there are wonderful opportunities to work online and create your own online business. Possibilities are better than ever in the history.

The thing is that they don’t mention My Home Job Search on that video clip. They show some examples of mom who are working online but they don’t mention where did they find their jobs.

They have also a picture of all those famous news brands on their website. With this picture, they want to give more credibility to My Home Job Search. The only problem is that they don’t have any proof that they would have appeared on any of that news. Anyone can take a picture of those brands and put it into their website. The other thing is to prove that they really have been on the news.

Fake Employers

When you choose how many hours you would like to work per week and how much you would like to earn, you will see the following text:

That sounds nice. Earning +1,500$ per week would make +6,000/month. With only 15-20 hours a week, hourly rate would be quite impressive. The only thing is that they can’t provide it.

No matter in which country you are answering or when (every year it seems to be the same) they always say that there are 12 employers near who could provide exactly what you are looking for. They don’t really have those 12 employers but they are just lying. That is so nasty and I can’t stand that kind of behavior.

What Do They Recommend?

I created a free account but didn’t bother to pay for the premium account. That would have been a total waste of my money. Some other people took a closer look what are the recommendations of My Home Job Search. They claim, “Make your first $100/day online!” and then they are linking some survey sites. C’mon!!! We have reviewed tens of different survey sites and we know that online surveys are not worth it. You will never earn $100/day by answering surveys.

The reality is that you will not find anything good from this fake site.

Pros & Cons

Pros:

• At least they show you some ways to make money online

Cons:

• Fake, fake, fake
• False promises
• Doesn’t show you real online jobs
• You can’t trust them

Conclusion – Is My Home Job Search a Scam?

Yes, it is. There are so many red flags on their page. Literally, everything seems to be fake. I didn’t find anything where they would be speaking the truth. That’s so disgusting and I can’t understand how somebody could be so deep in badness that he is just a full of lie.

If you would like to do freelance jobs online, I would recommend taking a look to Fiverr. But if you would like to earn bigger income online, then I recommend taking a look at Wealthy Affiliate’s step-by-step training. You will get right away 10 interactive video lessons for free.

I know many people who started Wealthy Affiliate’s training with 0 knowledge and nowadays they are running a full-time online business. But I warn you that this is not a “push-button” to riches. You will need to do your own part and work. But I can 100% honestly guarantee that Wealthy Affiliate is a real deal and it is not a scam.

My Home Job Search at a Glance…

Name: My Home Job Search
Website: www.MyHomeJobSearch.com

Field: Freelancer Online Jobs
Price: Free Account or $29 Premium Account

VERDICT: My Home Job Search is a scam

 

What are your favorite ways of earning money online? Do you like affiliate marketing like I do? Or is there something else that you prefer? I want to hear from you. Please, leave a comment below. 🙂

6

Formula 1 Lotto System Review – Do You Believe a 64-Year-Old Professor? I DON’T!

Let’s start this Formula 1 Lotto System Review with testimonials to pump up the emotions :).

Formula 1 Lotto System Testimonials

There are probably hundreds of lotto systems on the Internet but the founder of Formula 1 Lotto System claims that this system is constantly creating more winners on a regular basis than any other lotto system available today.

Below I have listed four unbelievable testimonials of the users of the system:

1. “Using Professor R. algorithm, I WON more than $425,000.” -Harvey Doe
2. “I won $157,000 last year and finally bought a new house.” -Marc Bradley
3. “I bought my dream Car priced at $58,000 in cash…” -Bob Carter
4. “I played and won $137,584 in the last 9 months.” -Mike Bruno

The rumor says that this system has almost been banned because it generated so good profit for those who are using it. The system has an outstanding 87,3% win rate which means that for every 20 games you play, you are going to win cash for every 17 or 18 of them.

I need to admit that after reading all those testimonials and Formula 1 Lotto System sales page I became very curious if this really works. Because if it works, then this could be the fastest way out of the rat race and a step to financial freedom for the rest of my life. But I was still quite skeptical because usually in life if something is good to be true it probably is.

My concerns started to rise when I clicked a button “Send My License” to get into the system. Then it says “Host Error” so I couldn’t go forward. I made a research online what is this mysterious system and does it really work. Here are my results.

=> Don’t trust your luck. Learn to make money online HERE!

Name: Formula 1 Lotto System (F1LS)
Website: www.Formula1LottoSystem.com
Price: $39.98

Field: Lotto Systems
Overall Rank: 0 out of 100

“The Best Lottery System” Will Make You Lose Money

There was a poll made online with a question, “Which Lottery System Worked Best for You?” 115 people answered and guess how many voted for Formula 1 Lotto System? Only 1. A surprising thing for me was that 77 out of 115 voted for Lotto Guy Lottery System which also seemed like a scam.

Well, probably people get happy when they win more money on Lottery than normally. If the system gives them 95% of money back that is still better than for example 90%. But if you put 100€, you still lose 5€ in the long run so it would go and buy food with that money instead.

Remember that if you are using this system you don’t only pay the losses that will come but also the price of the system. Now, this system costs $39,98 because there is a 60% discount ONLY TODAY. (Psst! By the way, this discount has been there already for a year…)

In the sales page, they promise you a full 1-year guarantee. However, it seems to be a lie. I read one person’s experience of using this system for two months. He played lotto every week and expected 87% win rate as they had promised. Eventually, he only got one win of $10. He spent much more money and tried to get his money back from F1LS but he didn’t get any refund.

So you will not only pay the price for the price of the product but also for all the losses that you are going to experience when using it.

Mysterious 64-Year-Old Professor R

The founder of Formula 1 Lotto System claims that “one MIT professor spent 27 years of his life perfecting a system.” Okay… So there was a 37-year-old guy who started studying how to play lotto and spend 27 years making a system. Sounds legit, right?

Then there is a letter of this professor R aka Robert with a blurred picture of him. Why don’t they show a real picture of him? Was he too fast-moving so they didn’t get him on the camera?

If there really would have been a professor who would have created a lotto system that wins in Lotto he would be 1.Billionaire and 2.Very famous. He could have played through all different lotto games and milked out the money. Then he would have probably got banned but he already would have earned a lot. Then people would definitely know this guy through media “who milked money out of lotto games”.

What about those stories of people who earned hundreds of thousands of euros playing lotto? I believe that they were created too and are all fake.

How Does Formula 1 Lotto System Work?

Now comes the most important reason why I know that this system must be a scam. I tried to find how the system works, what kind of algorithms it uses and just anything. But I couldn’t find the pattern how it works. All legit products that I know have at least some positive reviews on the Internet where is told all features of the system, how it works and so on. But you can’t find it with F1LS.

One article tried to tell a story how this system works but it seemed that his only intention was to sell this product in order to take your money. In addition, I can’t even buy the system anymore because it only gives the “error”.

If you can find out how Formula 1 Lotto System Works, please leave a comment below. But I believe that day will never come because it doesn’t work at all ;).

Pros & Cons

Pros:

• Nothing

Cons:

• Fake Stories
• No Guarantees of Winning
• No Possibility of Getting Money Back
• Obvious Lies When Selling the Product

My Final Opinion of Formula 1 Lotto System

I am still amazed how there are so many Lotto Systems online. I just can’t understand how there could be a system that beats lotto. Because if it would exist, then lotto company could easily run out of money and they wouldn’t like to take that risk.

I have always been quite good with mathematics. But you don’t need to be a mathematician to understand that you will lose in lotto in the long run. I prefer to use my money on investing in my online business and buying assets that will generate passive income in the future.

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Affiliate Marketing vs. Lotto

In lotto systems, you depend on your luck. However, I don’t believe in such a thing like luck. I believe in God and I believe in hard work. When you are playing lotto, odds are against you. The longer and the more you play the more money you are supposed to lose.

Affiliate marketing is a different story. When you are doing affiliate marketing on your website, all effort that you are doing, are growing your asset. When you create more content to your website, the more valuable it becomes. When you refine the design, you probably learn new skills and improve conversions (=people buy more).

If you put your money to learn how to do affiliate marketing it will become a positive investment than which brings more money to your pocket than it has taken from your pocket. If you invest in your website or advertising, it can be a very good investment in the long run when you get more visitors and paying clients.

So instead of chasing money by playing lotto I would recommend you to learn real skills so you can provide value to other people. This will also make your life better and richer.

Formula 1 Lotto System at a Glance…

Name: Formula 1 Lotto System
Website: www.Formula1LottoSystem.com
Price: $39.98
Field: Lotto Systems
Overall Rank: 0 out of 100

VERDICT: SCAM.

 

Questions for you:
Have you ever bought any lotto system?
Did it work out?
What are your favorite ways to make money online?