ArbPlayer interview RSS - comments

Related to: Arb Player

ArbPlayerDear readers!

Today, I'd like to share with you a recent interview I had with Arbplayer:

Money-Monitor: Could you give us the name of the company that's behind ArbPlayer.biz?

ArbPlayer: We are group of individuals and refer ourselves as Arb Player.

 

Money-Monitor: What's the structure of your company? How does ArbPlayer operate on a day-to-day basis?

ArbPlayer: We work as a team. Every team member has personal accounts with bookmakers. When an arb occur, some team members place bet at one bookmaker and rest team members place bet at another bookmaker. Simply, any team member never place bets on all bookmakers for the same arbitrage bets. It reduces risk of being highlighted in case bookmakers communicate to know arbitragers.

 

Money-Monitor: According to your website, you have "experience in sports arbitrage, especially soccer arbitrage". Where does this interest in arbitrage come from? How long exactly have you been doing this?

ArbPlayer: I love soccer. First time, i heard about bet from my friend. He had an account with Pinnacle. But i opened an account with Marathonbet as Marathonbet withdrawal was free (it's still free). Sometimes i won while sometimes lost. Once i had a bet for my team (to win) but i lost. Next day, i just asked my friend about his bet and he told that he won as he had a bet on the opposite team (to win). But my curiosity was about the odds. It was different for the same game and covering both results i.e. Win/loss. I told my friend about this and next time we searched for the same. I searched on Marathonbet and he searched on Pinnacle for odds. We found one for over/under and he placed bet at Pinnacle and i placed bet at Marathonbet. Next day when we checked our account. He lost but i won and for surprise i won more than our total amount placed in bets at both bookmakers. It was simple mathematics. It was a win-win situation for us and the journey started. Now, we are professional.

An interview with H J Doc, Vice President of ProfitClicking RSS - comments

Related to: ProfitClicking (JustBeenPaid)

ProfitClicking interviewWe had the amazing opportunity to talk with one of the most important pieces of the Profit Clicking puzzle, its vice-president who goes by the name H J Doc.

As Profit Clicking becomes more and more popular, not to mention ubiquitous, we decided to ask all the questions that potential and actual PC members should know the answers to: from the mysterious algorithm through the as anticipated as feared restart to what's going on with the legendary Frederick Mann, and many, many more...

 

Money-Monitor: How does it feel to be involved in one of the most popular Internet projects?

ProfitClicking: I feel it an honor to have a part in a project that helps so many people around the world. I also feel a great responsibility to provide the best experience possible.

 

Money-Monitor: Do you feel like Profit Clicking is making a difference in the "earning money online" world?

ProfitClicking: Absolutely... Yes!

 

Money-Monitor: Let's say I'm a complete newbie when it comes to earning money online. What would you say is the most important thing I should learn?

ProfitClicking: The most important thing to learn is "Systems Succeed Where People Fail." Success comes through learning the system and following the steps outlined in the system. Once a person is familiar with the system the next important step is commitment to work the system, be consistent. The commitment is connected to the goal. For example, some goals require daily action and others require less.

 

Money-Monitor: And how about Profit Clicking? What are the basics that a newcomer should get to understand as soon as possible?

ProfitClicking: The Basics in Profit Clicking are simple... There are Two Ways to benefit financially... The first one is to join the system and purchase "Ad Packs." Members potentially receive $.20 per weekday and $.10 on weekends for each ad pack purchased. Qualification for Daily Sales Commissions on Ad Packs is simple: view the minimum of three websites a day in our Traffic Exchange. Secondly, find others to do the same: Profit Clicking offers a generous referral bonus for each Ad Pack purchased by members you invite. Currently the bonus is $1 on every Ad Pack purchased by your personal referral and $.50 on every Ad Pack purchased by your referrals referral. As our sales volume increases the potential for Commissions and Referral Bonuses also increases since commissions and referrals come from sales volume in the system.

 

Money-Monitor: And your own personal piece of advice?

ProfitClicking: My personal advice... When I look at the global economics, I see the masses struggling financially. Profit Clicking provides a simple, effective, fun way to make money online. I encourage members to share Profit Clicking ever day. Profit Clicking makes it easy by providing the first $10 value so members can begin the process without using their own money. You can "Test Drive" Profit Clicking on us and experience for yourself how easy it is to see the results immediately.

 

Money-Monitor: There have been many rumors and speculations regarding Frederick Mann's involvement in Profit Clicking and, as far as we know, he has supported some of PC's statements. Could you tell us if he's still involved with PC? And do you know if he approves of the way his project is being continued?

ProfitClicking: Frederick Mann has retired to focus his attention on other projects. However, he was very clear on his expectations with the migration process and has provided oversight to make sure the migration is completed correctly. Although Profit Clicking is now owned by a Global Holdings Company, Frederick is still a "Independent Business Owner, IBO" and retained the option to promote Profit Clicking as an IBO. Although I can't speak for him as to whether he approves or disapproves of specific situations, I do know that he has and continues to provide oversight until all his requirements have been met. To my knowledge he was consulted in selecting every key leadership staff member and has supported the migration process. He is also developing additional products and services that will be available to Profit Clicking members in the future.

 

Money-Monitor: Could you tell our readers how exactly PC functions on a day-to-day basis? How many people are involved in the project?

ProfitClicking: We have a staff of several hundred and growing. We meet daily with our Department Directors to track the development of key components, identify internal issues with hardware, software, customer service and member support, training and other items that need attention. We prioritize each item and alocate the necessary resources needed to address each item. Our daily staff functions are very similar to what you would expect to see with any Global Corporate Entity.

 

Money-Monitor: And who is “the boss”? :) Who represents PC?

ProfitClicking: We have an "Executive Team" responsible to complete the agreement between Frederick Mann and the Global Holdings Company, develop additional components outlined by the Global Holdings Company and Manage the day to day requirements needed to support this Massive Global Organization called Profit Clicking. The staff report to the Executive Team. The Executive Team is "The Boss."

 

Money-Monitor: Are you planning on opening your non-virtual offices somewhere? Or send your representatives to some particular countries?

ProfitClicking: Our goal is to provide the Profit Clicking opportunity to as many people around the world as possible. Since we are dealing with many countries, cultures, languages etc., we've found that the Virtual Office has served us better. I'm not aware of any immediate plans to open a non-virtual office but if and when it becomes necessary we will address it then.

 

Money-Monitor: And which country would you call your biggest “fan base”?

ProfitClicking: Hmmm... I know we have strong followings in many countries. Europe, Africa, United States, Mexico, Canada all have strong representation in our membership base. I'd prefer to say we have "Fans and Favorites" all around the world. I don't want to exclude any country as a favorite because so many countries have people who need what we have to offer.

 

StrongInvestment interview RSS - comments

Related to: StrongInvestment

StrongInvestment interviewAn exclusive interview with StrongInvestment representative:

Money-Monitor: To begin with, I just have to ask: why “Strong Investment”? What makes you “stronger” than any other program?

StrongInvestment: Well we started Strong Investment when we receive feedback from our initial clients But We we planned everything before starting of this program because we want a long term working relationship with our clients and trader. So we are the one who never deal like ordinary hyip mostly does.

 

Money-Monitor: Let’s take it step by step. I sign up for an account and... I can actually do it as many times I want! What made you decide on such a laissez faire attitude toward multiple accounts?

 StrongInvestment: Let me clear this you can’t open multiple accounts with same mail id or same payment id. But let’s consider if you do and put different ids then you need to invest and we will utilize your money and generating profit so for us it doesn’t harm our business in any way.

 

Money-Monitor: OK, let’s say I would like to open a couple of accounts, but I’m a rather private person and I usually do not share any personal information with anyone, much less a new online investment program. Why do you require a full name and address?

StrongInvestment: Well we have decided these measures and rules before starting “Strong Investment”. Our main aim is to build trustable relationship with our clients that’s why we are using industry-standard-SSL (secure socket layer) technology to protect every interaction you have with us.

 

Money-Monitor: I decided to give you my full name and address and now I’m a full-fledged Strong Investor. Naturally, I need to invest some money and in Strong Investment’s case it’s as much as $10. There are many programs that set the minimum investment at $1. Why do you need at least $10?

StrongInvestment: Well its very simple did you see any of those site active now? See our main aim is to make site strong and stable and for this we need dedicated clients who can work with us for longer period of time.

 

Money-Monitor: I can invest my money using Solid Trust Pay, Liberty Reserve, Ego Pay and Perfect Money. What made you choose those payment processors? Are you planning on adding more options?

StrongInvestment: Right now these are the best available option we could use and they are all trustworthy and stable payment processors. To expand our business we are planning to add some other payment processor too.

 

Scams, traps and money: an exclusive interview with ex-admin RSS - comments

hyip admin scamAn exclusive interview with ex-admin of hyips,  the owner and founder of ex-admin.com blog.

Money-Monitor: First of all, let’s talk about your past: once upon a time you held the prized position of an administrator of your own program. What’s you best memory of that time?

Ex-Admin: My best memories are for when the investors were happy with my performance and were sending me emails of appreciation. I have had programs lasting for one year or more so you should know what I mean...


Money-Monitor: Do you miss that kind of feedback? Or is the blog-appreciation enough for the time being?

Ex-Admin: I miss those days, but I'm really too busy with my offline work and with my life. I don't have time to make my hands dirty again. And regarding the blog, I really didn't expect to receive that much response. I'm amazed honestly.


Money-Monitor: From what you write on your blog, one may gather that being an administrator was only a semi-positive experience. Would you say that it was all worth it?

Ex-Admin: Being an HYIP admin was not that positive at all. You have to do a lot of tricks, a lot of scams around, you have to lie... And honestly this was one of the reasons I left it.


Money-Monitor: I understand. But, still, many people wonder: is it profitable?

Ex-Admin: Of course it is, money wise it is one of the best businesses online if you know how to do it.


Money-Monitor: Could you lift the veil of mystery surrounding the earnings of a HYIP creator?

Ex-Admin: A HYIP admin like R7, has surely earned at least a few millions. Or newGNi is earning the same. A fast scam will make quite a few thousands close to hundred thousands, e.g. something like TheBig5.


Money-Monitor: OK, since we’re talking about the money and we all know that in order to make money you have to spend money I'm going to ask: is it just as true when it comes to HYIP programs? Did you need any seed money to begin with? And how do you legally spend money that you earn in this particular way?

Ex-Admin: You have to spend near one to two thousand dollars if you want to do it right and with some good promotions. But when you want to exchange the funds, it becomes a bit tricky: you have to know the right people, the right rate, and the right way... For LR and PM, the easiest ones, you just sell them for WU or BW of an offshore account or a fake ID to get the funds yourself. For STP and AP (until a few months ago), there are some HYIP monitors who do the exchange, and you may have to pay as high as 20-25% exchange fee to exchange to LR/PM. And, of course, holding for 3-5 business days till they can withdraw their funds.


Money-Monitor: It really doesn't sound all that simple...

Ex-Admin: As I said: it is tricky here.


Money-Monitor: We're talking about the very beginnings, so let’s talk about your background. Why did you start the HYIP adventure in the first place?

Ex-Admin: Honestly speaking, I was in financial trouble and I had no other way! Even in the first one, I lost some money as I wasn't aware of the environment enough. I had borrowed the money to start the second one and then I knew how to do it.


Money-Monitor: So while you were an administrator it probably wasn't the only thing you were doing at that time? Did you go to regular work as well?

Ex-Admin: Yes, and I still do.


Money-Monitor: Many people have some bad experiences with HYIPs and they often feel like they were taken advantage of – do you feel responsible for deceiving people?

Ex-Admin: Actually I'm going to write about it soon, but in short, sometimes yes, sometimes no. If my HYIP has run for more than a year and most of my investors are in profit, then: no I wouldn't! If the majority were in loss, yes I would.

 

Money-Monitor: Any major regrets?

Ex-Admin: Yes, I regret coming into this business and I wish I started something else in the first place. But it becomes like an addiction and when you make money, you like it. But after some time, when you're free to think about it and look in the past, you regret a lot of it.


Money-Monitor: Do you know of any HYIP that was/is not a Ponzi scheme? Do you think that it’s even possible?

Ex-Admin: No, it is NOT possible. ALL are Ponzi!


Money-Monitor: In the good old/bad days, did you invest in your own programs?

Ex-Admin: Why would I do that? (laughs) I never even invested in any other HYIP despite all you may think. I trade in Forex (for real) to make the profit. I just started investing in HYIPs since I started the blog, or very very seldom, like in newGNi when it started.


Money-Monitor: So if you were to advise somebody who is about to create his/her own HYIP what would you say?

Ex-Admin: I have received many emails from the prospective admins or even current admins and I always try to give reliable and honest pieces of advice. I wouldn't say "yes it is good, go for it". I say that if you're planning for it, do your best. And you MUST feel responsible for what you're doing.


Money-Monitor: And what does a person need in order to create a HYIP?

Ex-Admin: Money, and experience if it's the first time. Also, they would definitely need some advice from an experienced admin. Otherwise it will be a total failure.


Money-Monitor: Is it a “one may show” or do you need a lot of help from others - besides a sensei, namely somebody experienced like you.

Ex-Admin: Every step of the way needs experience! When you start an HYIP, when you are processing withdrawals, how to manage your funds, how to make sure you would last for long, how to generate some income, when you want to promote, when you want to exchange, when you want to respond to emails, when you want to close, when you should close... I can go on and on.


Money-Monitor: How about cooperating with monitor administrators, exchangers, people that you meet on different fora? Did they help you in any way?

Ex-Admin: Almost all of them care about their business first and I only found one or two honest people among them. I got scammed by some exchangers and working with greedy HYIP-monitors (no offense, I didn't work with you) is also neither easy, nor pleasant.


Money-Monitor: What can a person do to avoid that?

Ex-Admin: To avoid being scammed: searching in forums, google... And at least a word of advice from someone who has done it all before.

RIGHTFive (right5) interview RSS - comments

Related to: RIGHTFive

RightFive interviewDear readers!

Today, I'd like to share with you a recent interview I had with RightFIVE:

Money-Monitor:  If you read our review of RIGHTfive you probably know that we found the design of RIGHT5’s website really impressive. To whom should all the credit go to?

RightFIVE: I had very specific requirements for how I wished the site to look but our designer and programmer team deserve all the credit for pulling it off. I by no means gave them an easy task when I requested a fully custom script and design but they performed above and beyond our imagination.

 

Money-Monitor:  When it comes to the concept behind the website, what or who would you call your inspiration?

RightFIVE: I have been around a while myself and seen many websites over the years. I would not exactly say I took ideas for any one place in particular but our site would contain what I would describe as the best of the better sites I have seen.

 

Money-Monitor:  What may strike right5.com’s user is that the page is extremely user-friendly. As we all know, it’s not a popular enough quality and it takes a lot of work to make a website intuitive. How long did it actually take to create right5.com?

RightFIVE: We have known for a very long time that we would take our offline operations and start providing our services as an online website based program. Silkyway has been resisted since 2010 and we have known since even before then that we wanted this. We planned out every detail of the website and by the time everything was done it would have been a good few months of solid full time work which followed many more months of slower passed work.

 

Money-Monitor:  While RIGHTfive’s “reading materials” are really interesting, as we mentioned in our review of the program, we did find some of the text on your website unoriginal – they can be found on other pages. Is it a coincidence?

RightFIVE: That was news to us indeed. I know my company best and wrote every word of the text myself. There really is no need for us to copy our text from anyone or anywhere but I do guess certain phrases or sentences will be used to describe investment activities and it is unavoidable to sometimes write things that are similar to what is written on other websites.

 

Money-Monitor:  What we know about RIGHTfive’s whereabouts so far is that the Silkyway Holdings Inc. company was registered in the Seychelles in December 2010 your IP leaves us with Providence, Utah and... That’s actually it. Could you lift the veil of mystery and tell us more about your actual location?

RightFIVE: The location of our division is on our website, address and all. Our server is however located in Providence, Utah. That is out of our control, we are hosted with BlockDos, which is a Canadian based company and they are using different datacenters hosting their clients servers all over the world. End of the day RIGHTfive is a virtual business and in terms of contact we have provided members with fast and secure channels of communication.

 

Money-Monitor: Since we can now imagine you in a real life scenario, tell us more about the way RIGHTfive operates on a daily basis. Do you go by the same rituals a regular company does or is it more of a remote job?

RightFIVE: I have regular meetings with all the team members and we all do push ourselves to do the best we possibly can and make the most out of each working day. As I mentioned just before myself and some of the other team members do in fact work from the office, not every day mind you but at least a few days a week. Everything that we do essentially can be done from any location but I do find the environment of a working office to be the place where I am most productive.

 

Money-Monitor: What’s the team behind RIGHTfive like and who are the original RIGHTfivers?

RightFIVE: We have a very good working dynamic within our current team. Everyone has their place and we run like a finely tuned ship. We did start this project quite a while back and there were only myself and Brian who put our heads together and decided to move our little operation online. Since then others working for Silkyway Holdings have seen our dream and decided to be a part of it. Now we are moving forward and won’t be looking back.

 

Money-Monitor: It seems that you waited almost two years before going online. What’s the reason of the two-year waiting period?

JM FUND Ltd Interview RSS - comments

Related to: JM Fund

JM Fund interviewDear readers!

Today, I'd like to share with you a recent interview I had with JM FUND:

Money-Monitor:  First of all, let’s talk about your background: is your education or professional experience what inspired you to take interest in this particular line of business?

JM FUND: Yes. First, let me introduce myself, my name is Jerry, my colleagues are Michael and Matthew. We’d been graduated from Technical University in Netherlands since 2007. During the time at university, we prefered trading computers, hardware components more than programming. I’m come from Asia, Michael and Matthew are come from Africa. Our first project was website design for one governor, then from that contact we had moved on to many more such as Lands system, road construction, construct government house, provide computer equipments for local and state offices…

What inspired us to involve in this line of business is because we want to do more projects and we see the great potential of getting fund by online investors. We also saw that not all are honest; they came and run away with money. So we not only want to get funding for our current projects but also want to build a trustful place where people can invest, a place that they can be free of worry and enjoy a life that God has given to them.

 

Money-Monitor:  According to www.jm-fund.com, you have been around for 5 years. Why did you decide on creating a website just now?

JM FUND: Our first company was called JM TECH World. You can check jmtechworld.com to know when we started. (The website hasn’t been working for sometime, but it will in near future).

We have been getting money from offline investors since 2010 to fund our own projects. We offered them capital return after 6 months. Offline investors are limited because of connection we have. Normally, we present our ideas to friends and let them see how much profit it can bring back. So now, we need to increase the capital therefore we go online…

 

Money-Monitor:  What is your impression of your first month online? Was there anything that came as a surprise to you?

JM FUND: Not easy to convince investors, need big amount of money for Ads. Blackmails are our first surprises.

 

Money-Monitor:  Despite being new to the online world, you already took care of the security of the page. You hold the COMODO SLL Certificate and, according to your website, you are protected against DDoS attacks. Do you feel like that’s enough or are you planning on adding some more security-oriented features?

JM FUND: At this moment, we use shared hosting at KoDDos, but our server is already online therefore we are moving now. To protect our investors’ data, we use auto daily backup from the third party provider. The shared hosting can be good for some time, but it won’t meet our need. We are here to make a difference, so we must act ahead of time.

 

Money-Monitor:  You’ve taken care of the security, but one may think that the graphic portion of JM FUND’s website is rather basic. Is the way the site is designed final or do you think of it as a work in progress?

JM FUND: Well, the current website is just a beta and for testing purpose only. Better things are coming very soon.

 

Money-Monitor:  Judging by the images on the website and the fact that you invoke the name of the Lord in the “About Us” section, it may seem that JM FUND’s target are family-oriented Christians. Is that how you see the JM Fund’s clientele?

JM FUND: Yes, we won’t use the name of the Lord, if we don’t know what we are doing. We are here to prove that good things do exits.

 

Money-Monitor:  Both Facebook and twitter icons are implemented into JM FUND’s website, however, as of now, neither of them redirects to your fan page or your profile. When will we be able to find JM Fund on social media platforms?

JM FUND: Facebook and Twitter will be available when our new website is finished.

 

Money-Monitor:  Some companies treat their Facebook pages as just another way of reaching out to their clients in terms of support, others decide on a more commercial approach. On what kind of Facebook policy are you planning? What can we expect: day-to-day updates, opinion polls, contests?

JM FUND: Facebook will be our second news page where people will get the latest update from our site; moreover they can post their comments and share how their life has been changed... Update will be weekly.

 

Money-Monitor:  JM FUND’s support system works 24/7, withdrawals are processed Monday to Saturday, the members can earn the profit on business days only. Why did you make such distinctions?

JM FUND: We don’t offer something that unrealistic. People only get their salary from MON-FRI, so SAT-SUN payment is not profitable in the long run for our company and investors.

An interview with Mathew Flemming -the Support Manager of Arbs Web Ltd (Arbs.ws) RSS - comments

Related to: Arbs Web Ltd

Dear readers!

Today, I'd like to share with you a recent interview I had with Mathew Flemming - the Support Manager of Arbs Web Ltd - when I got to ask him on questions about his background and his work details.


Money-Monitor: First of all, could you, please, introduce yourself to our readers?

My name is Mathew Flemming, originally from the Netherlands. In some parts of the year, I live in Thailand, but most parts of the year, I reside in New Zealand. I am 42 years old, married, with one fantastic little kid.

Money-Monitor: To start with, please tell us what exactly is your job description?

I am the Support Manager of Arbs Web Ltd. But like everyone involved in this company, most of my day is spent sitting in front of Rebelbetting, Mathbet and our own spotting software and place sure bets.

Money-Monitor: How long have you been working in the surebets business?

I've been doing this for almost two years now.

Money-Monitor: Have you ever worked in the hyip business?

Nope. I am new to all this, and am still learning. As you know for yourself, I've asked you for advice in the past, and I am glad to have a monitoring partner who is happy to share his knowledge about this industry.

Money-Monitor: What would you say is the difference between ARBS and other online investment services?

I don't want to sound too naive or arrogant, but I am not looking at other investment opportunities. Of course, we see them when we check forum posts or the blogs and monitoring sites we are subscribed to, but what I see that makes a big difference is we are not just pretending to make forex trades, or investing in diamonds etc. We are actually, genuinely, placing sure bets, and people can follow them on our news page. So the major difference between Arbs and other investment services is that we know we operate on more than just a ponzi scheme.

Money-Monitor: So, would you call ARBS a hyip program?

Not at all. Like I mentioned in the previous question, most so-called hyip programs operate on fresh investments to pay the existing members. But I will never understand why someone needs to pretend to do something they don't do. Placing Sure Bets is a business everyone can do; all you really need is a computer, time and the dedication to wait and place your bet.

Money-Monitor: What made you come up with the idea of founding an online investment service?

We placed sure bets for a while, but we've learned that, the more money you can divide between bookies, the more opportunities appear. Walking into a bank and asking to finance a sure bet business is something that is hard to sell. But missing opportunities is even worse, so Stefan (one of our five arbers) came up with the idea to bring the business online. After some research, we found many sure bet providers financing the business over this hyip channel. So we decided to try and the success we have so far is giving us the proof that this funding module works.

Money-Monitor: How many people are involved in ARBS WEB LTD? How do you divide the work amongst yourselves?

We are five arbers altogether -- but we have an network of a little more than 30 arbers who share spotted arbs. Only five of them are truly a part of the company and trade with the money for Arbs Web Ltd. But the beauty of sure bets is that there is no competition; arbers help each other.

Money-Monitor: OK, here comes a serious question: is ARBS WEB LTD a legitimate company?

Yes, definitely. We are a UK-based company, mostly because the UK is the best and cheapest way to transfer money between bookies and our bank account. Sure Bets are considered gambling and are tax free.

Money-Monitor: Where exactly are your headquarters?

The company is registered in the UK, but we operate from our home office and computer. We have one trader in Canada, one in Germany, one in Costa Rica, one in Thailand and a last in New Zealand, rounding up a great team. The best part is we are in different time zones, so we can take every sure bet opportunity, regardless of what time it appears to be.

Money-Monitor: Another significant issue: do you own the license to accept deposits from all around the world?

We do not, but we are in talks with our lawyer in New Zealand about this issue. Sure Bets are considered gambling, therefore the company setup we hold is fine. However, as we are growing and expanding the sure bet feature for everyone to operate themselves, we've created the need for more licensing, but we will have this setup present the time we launch this additional service.

Money-Monitor: And what payment systems do you accept? Is there a possibility to send the money using bank wire transfers or credit cards?

Presently we accept Liberty Reserve, Perfect Money and Alertpay. Bank deposits are accepted as well. For Investors who are with us for at least three months and have invested at least $1000/EUR1000, we accept Credit cards, Money Bookers, PayPal and Netteller.

Money-Monitor: How do you manage the issue of paying taxes on your investors' gains?

The beauty of the UK company and the fact that we are operating under UK law allows the minimum on taxes. In fact, under UK law, there are absolutely no taxes on gambling, which is great because that's exactly what Sure Bets are!

Money-Monitor: Let's be honest, ARBS WEB ITD is a relatively new program. As such, do you think that you have made some major mistakes? Is there something you want to work on?

We did some mistakes and if we could start over, there would be many things we would do differently. If we could start over, we would just take five monitoring services. So far, all I see from monitors is that we pay them for little to no return at all! This is also the reason why we have started to remove some of the so-called partners. If we could start over, Money-Monitor (and the four others mentioned) would be the only place to advertise our business. Other than that, we did not make any major mistakes. The ecurrencies are relatively easy to convert into money and from there we are flexible to deposit the money to the different bookies, and loading of the ecurrencies is almost that easy. Now you might say almost, we learned sending money to your ecurrency is more difficult than withdrawing it. But after verifications and some learning experiences we are now happy to say it is all very fast and easy both ways.

Money-Monitor: By now you've probably had the opportunity to rethink some of your major business decisions. Do you think that you have managed to fulfill all the plans that you had in mind in the very beginning?

When you are operating any business, re-thinking is required. One of the changes (it wasn't a huge mistake, but it was a big change) we did was the daily investment plan, that will be removed by the end of this month. Besides this mistake, there is not much more we need to change or rethink.

Money-Monitor: And if you were asked to evaluate your experience thus far, what would you say?

Overall it's been pleasant and nice. We've even made a few new friends! Not every day brings rainbows, but it's like that for any business. We've enjoyed and have continued to enjoy the relationship with our investors and with some of our advertisement partners.

Money-Monitor: Would you recommend others to take their business online?

Yes, I most certainly would. Our entire team is happy with the way things are turning out and we have received money for our arbs we would not have been able to use if we had not started this website.

Money-Monitor: What are the biggest obstacles an online businessman faces?

Greed, Spam and Monitors who try to sell you things you don't need.

Money-Monitor: For those who do not know it yet, the core of your business is the arbitraging. Could you briefly explain the idea of arbitraging to those who have not yet encountered such a concept?

Most of the time when I try to explain the business concept of arbs, even my own friends are skeptical and do not really understand what we do. But I try to make it easy. As an arber, you simultaneously place bets with different bookies so as to make a profit with the winning side.

If one bet loses, another wins.

You place a bet on both sides of a sports match, no matter which sport it is. This sport has to have two teams, of course! Basically, you profit from the winnings. It does not matter which side wins, as you have already split your stake in both sides and therefore reap the earnings you've invested on the winning side.

Money-Monitor: Imagine that you are explaining the idea of surebets to a complete newbie. How would you walk him/her through the process?

I reckon this was answered in the previous question, but let me give you a live example from a bet that is coming up!

Hannover-FC Copenhagen

DATE: 20-10-2011 / LEAGUE: FBECUP UEFA Europa League-11

Sure bet profit: 1.59 %

Example for your TOTAL bet 1000 USD:

bet 561.3 USD Home (Hannover) with bet fair (1.81)

you win 561.3 x 1.81 = 1015.95 --> your profit is 1015.95 - 1000 = 15.95

bet 253.99 USD Draw with bet3000 (4)

you win 253.99 x 4 = 1015.95 --> your profit is 1015.95 - 1000 = 15.95

bet 184.72 USD Away (FC Copenhagen) with superbook (5.5)

you win 184.72 x 5.5 = 1015.95 --> your profit is 1015.95 - 1000 = 15.95

When staked correctly, your investment of 1000 USD is guaranteed to return 1015.95 USD, no matter the outcome of the match Hannover - FC Copenhagen. 

 

An Interview with Brian Krassenstein, Talkgold forum manager RSS - comments

Talkgold forumThis interview was made to explain some doubts and slander about Brian Krassenstein the person which came in the last time.

Question 1: Brian Krassenstein, you, as the leader of Talkgold forum and with more than 100,000 members and 14,500+ subscriptions, what is your goal?

Well, as many people are unaware, Our parent company sold talkgold back in November of 2008, however I have still remained on for the time being as the forum manager. As part of the current management team, I know the owners are looking to expand the core discussion of talkgold into just about every online money making field there is. This will happen over the next 12-18 months.

Question 2: What features do you plan to add to make your forum more attractive to your members?

There will be new folders added in the coming money, as we try and direct Talkgolds attention into a more stable atmosphere. We will try and give away more cash prizes in our cash folder, as well as team up with some of the more lucrative affiliate programs out there to give members some opportunities of their own.

Unique interview with Firoz Patel – CEO and co-founder of AlertPay RSS - comments

AlertpayQ: Money-Monitor First of all, I would like to thank you for giving me the opportunity to interview you for the money-monitor. Would you mind telling me a few words about yourself? What is your name? What do you exactly do in the company?

A: Firoz Patel Thank you for giving me the opportunity to interact with your readers. My name is Firoz Patel and I am the CEO and co-founder of AlertPay Inc.

Q: Money-Monitor It has been 4 years since AlertPay emerged on the on-line payments market. As one may find out from the interview you gave the BNN, the beginnings weren’t exactly easy. How would you compare your payments system to that of your competition?

A: Firoz Patel I do not believe in comparing as we all have different strategies and strengths, so instead I will explain some of the advantages our members enjoy with AlertPay. With an AlertPay account, you can send payments to one person or multiple people, use our flexible depositing and withdrawal methods, shop online, make subscription payments, manage multiple businesses, convert currencies and use our Business Tools. AlertPay supports more currencies, countries and industries than any other payment processor.

Unique Interview with Michael Atkinson – support/PR of “SportArbs Limited” RSS - comments

Related to: Sportarbs

sportarbsToday we want to share with all of you a conversation we had with Michael Atkinson, who is a support/PR of “SportArbs Limited” investment program. It is a real pleasure for M-M blog to present this interview.

1. Dear Sir, first of all please introduce yourself.
What is your name and your position in the sportarbs.com?


I’m Michael Atkinson and I full fill a support/PR position in SportArbs Limited. I’m answering your questions together with Klaus Schumann who is working as a Senior Arbs Expert, in case of certain questions related to our betting strategies.

2. Why did you decide to open your service? What is the main purpose of Sportarbs?

Due to the risk on the regular investment markets, including but not limited to Forex, stocks and commodities SportArbs developed a system to automatically place bets on various bookmaker sites. We did use this system a long term internally, however, we felt this could be something a wider audience would be interested in. This also gave us the possibility to place more bets, with higher sums to achieve a greater return.

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