SportArb — Review, Part 2

This is  SCAM project already! Do not invest there anymore!

Ok, here’s the second part of the review of the promising new program called SportArb.  Yesterday I presented some general information about the company and its website as well as its investments programs.  Today, I’d like to mention a few more details about how the programs work and then I will get into the SportArb affiliate/referral program.  Finally, there are a few miscellaneous items I should also talk about.

Now, to finish discussion of the investment programs, it’s important to know that your principal is returned at the end of the investment period.  However, as I mentioned yesterday, you can actually withdraw it at any time, although there is a 25% penalty for early withdrawal.  Another way to say this is that you can withdraw your principal at the end of the investment period with no penalty.

SportArb has a great selection of payment processors: Bitcoin, PerfectMoney, AdvCash, OKPay, Payeer and NixMoney.  There are no fees on either deposits or withdrawals.  Withdrawals are processed twice a day from Monday to Friday at around 11 AM and 4 PM GMT.  This is done manually.  So, although you can expect deposits to be almost instant, this will not be the case with withdrawals.  I would hope that, as the program grows, some automation of withdrawals can take place.  Otherwise, this could become a serious bottleneck.  I would like to note that, although you accrue earnings seven days per week, withdrawals are only processed on workdays.  So, if you request a withdrawal over the weekend, don’t be surprised if it isn’t processed until Monday.  I suspect that Monday will be a busy day for SportArb!  A nice feature is that you can withdraw to any payment processor you choose.  There is no fee if you withdraw to a different payment processor than you invested from.  The minimum withdrawal is $1.

SportArb has a potentially lucrative affiliate program.  It pays referral commissions of 7% on the first, 3% on the second, 1% on the third, and 1% on the fourth level.  For people who are really serious about recruiting, SportArb also has a “Representative” program that pays even higher referral commissions of 12%, 5%, 2%, and 1% on the first through fourth levels.  More information on how to become a Representative is in the SportArb website.

SportArb appears to have excellent support.  In addition to the usual email support form, there is also a live chat feature.  I tried it out and was pleasantly surprised to meet a very cordial and helpful agent who even took the time for a little small talk.  He informed me that the chat feature is live for 16 hours per day (rather than the eight hours listed in the SportArb website).  When it isn’t live, it’s very convenient to enter the chat box and leave a message.  This is the only HYIP I have reviewed that had a chat feature that worked for me.  In fairness, it might be possible that the chat feature of some other sites worked well in other parts of the globe.  However, a HYIP that wants to be truly global should be able to do better than that.  To me, live support is a very valuable feature.

 The website and access to your account is protected by numerous security features.  For those of you who would like to know more about this, it’s covered in great detail in the “Security” tab of the “About” page of the website.

Although I mentioned this in the first part of this review, I would again like to direct your attention to the “Calculator” that you can also access on the “About” page.  This is actually a fairly sophisticated spreadsheet whereby you can determine the growth of any size deposit in many different currencies and for all possibilities of compounding.  So, while I usually go through a couple of numerical examples of how your income will grow when I do these reviews, this calculator will do a much better job.  And, since it gives you readings of the value of your investment on a day by day basis, you will also know when you break even.  For a person who would like to know the numbers behind the growth of his investment, this is a real treat.  You can tell that the creators of this program are good mathematicians…

Well, in closing, the beautiful thing about this program is, of course, that it’s a sure thing — a “Sure-Bet.”  However, time will tell if the folks at SportArb are able to make a mathematically guaranteed source of income a real life reality.  On that note of caution, I must remind our readers that, no matter how good an investment program sounds, it is never good to invest more than you can afford to lose, especially with respect to HYIPs.  Strive for a wisely chosen and diverse portfolio — perhaps with SportArb as a part of it…