The SurebetPro Scam

Read this before you get duped by anyone trying to sell you surebetpro or riskfreeprofit services

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Surebetpro is a software product, "Trading Pool" and MLM system which is currently being heavily promoted as a way to make serious income for... you guessed it...paying a fee to the company and spreading the good word.

Unfortunately, the software does not operate well enough to be used profitably by actual sports-arbitrage traders & the trading pool has the same characteristics of a Ponzi scheme. This leaves the MLM as the only way for people to claw back the money they spent when they were initially duped and so the circle of deceit grows.

My Name is Mark Jenkins and I have been involved with sports arbitrage trading as a professional since the year 2000. This site exists for one purpose: to debunk the lies being propogated by the sellers and resellers of this company. If you have been considering doing business with this company, then you should consider some very basic common-sense issues before you part with any money.

Background to the company

Behind RISKFREEPROFIT you'll find EireVision Ltd, company reg.no. 400359, Ireland.

CRO registered info:
Type: Company
Number: 400359
Name: EIREVISION LIMITED
Address: No. 8 Hayden Park Walk, Lucan, Co. Dublin

Registered: 11/04/2005

Status: Normal

Effective date: 11/04/2005

Last AR Date: 11/10/2005

Next AR Date: 11/10/2006

Last Accounts To Date: N/A

How 10 shares of the Trading Pool would perform if Mr. Beatties claims were true....

Starting Capital: $1,000 (10 shares at $100 each)
Average Claimed Weekly Return: 4.63%

WEEK 1   $1,000.00
WEEK 2   $1,046.30
WEEK 3   $1,094.74
WEEK 4   $1,145.43
WEEK 5   $1,198.46
WEEK 6   $1,253.95
WEEK 7   $1,312.01
WEEK 8   $1,372.76
WEEK 9   $1,436.32
WEEK 10   $1,502.82
WEEK 11   $1,572.40
WEEK 12   $1,645.20
WEEK 13   $1,721.37
WEEK 14   $1,801.07
WEEK 15   $1,884.46
WEEK 16   $1,971.71
WEEK 17   $2,063.00
WEEK 18   $2,158.52
WEEK 19   $2,258.46
WEEK 20   $2,363.02
WEEK 21   $2,472.43
WEEK 22   $2,586.91
WEEK 23   $2,706.68
WEEK 24   $2,832.00
WEEK 25   $2,963.12
WEEK 26   $3,100.31
WEEK 27   $3,243.86
WEEK 28   $3,394.05
WEEK 29   $3,551.19
WEEK 30   $3,715.61
WEEK 31   $3,887.65
WEEK 32   $4,067.64
WEEK 33   $4,255.98
WEEK 34   $4,453.03
WEEK 35   $4,659.20
WEEK 36   $4,874.92
WEEK 37   $5,100.63
WEEK 38   $5,336.79
WEEK 39   $5,583.89
WEEK 40   $5,842.42
WEEK 41   $6,112.92
WEEK 42   $6,395.95
WEEK 43   $6,692.09
WEEK 44   $7,001.93
WEEK 45   $7,326.12
WEEK 46   $7,665.32
WEEK 47   $8,020.22
WEEK 48   $8,391.56
WEEK 49   $8,780.09
WEEK 50   $9,186.60
WEEK 51   $9,611.94
WEEK 52   $10,056.98

The second year of investment will be even more spectacular if you leave your money invested!

WEEK 53  $10,522.62
WEEK 54  $11,009.81
WEEK 55  $11,519.57
WEEK 56  $12,052.92
WEEK 57  $12,610.97
WEEK 58  $13,194.86
WEEK 59  $13,805.78
WEEK 60  $14,444.99
WEEK 61  $15,113.79
WEEK 62  $15,813.56
WEEK 63  $16,545.73
WEEK 64  $17,311.80
WEEK 65  $18,113.34
WEEK 66  $18,951.98
WEEK 67  $19,829.46
WEEK 68  $20,747.56
WEEK 69  $21,708.18
WEEK 70  $22,713.26
WEEK 71  $23,764.89
WEEK 72  $24,865.20
WEEK 73  $26,016.46
WEEK 74  $27,221.02
WEEK 75  $28,481.36
WEEK 76  $29,800.04
WEEK 77  $31,179.79
WEEK 78  $32,623.41
WEEK 79  $34,133.87
WEEK 80  $35,714.27
WEEK 81  $37,367.84
WEEK 82  $39,097.97
WEEK 83  $40,908.21
WEEK 84  $42,802.26
WEEK 85  $44,784.00
WEEK 86  $46,857.50
WEEK 87  $49,027.01
WEEK 88  $51,296.96
WEEK 89  $53,672.01
WEEK 90  $56,157.02
WEEK 91  $58,757.09
WEEK 92  $61,477.54
WEEK 93  $64,323.95
WEEK 94  $67,302.15
WEEK 95  $70,418.24
WEEK 96  $73,678.61
WEEK 97  $77,089.93
WEEK 98  $80,659.19
WEEK 99  $84,393.71
WEEK 100 $88,301.14
WEEK 101 $92,389.48
WEEK 102 $96,667.11
WEEK 103 $101,142.80
WEEK 104 $105,825.71

And after just 3 years, you'll be a MILLIONAIRE!!

WEEK 105 $110,725.44
WEEK 106 $115,852.03
WEEK 107 $121,215.98
WEEK 108 $126,828.28
WEEK 109 $132,700.43
WEEK 110 $138,844.46
WEEK 111 $145,272.96
WEEK 112 $151,999.10
WEEK 113 $159,036.66
WEEK 114 $166,400.05
WEEK 115 $174,104.38
WEEK 116 $182,165.41
WEEK 117 $190,599.67
WEEK 118 $199,424.43
WEEK 119 $208,657.78
WEEK 120 $218,318.64
WEEK 121 $228,426.79
WEEK 122 $239,002.95
WEEK 123 $250,068.79
WEEK 124 $261,646.97
WEEK 125 $273,761.23
WEEK 126 $286,436.37
WEEK 127 $299,698.38
WEEK 128 $313,574.41
WEEK 129 $328,092.91
WEEK 130 $343,283.61
WEEK 131 $359,177.64
WEEK 132 $375,807.56
WEEK 133 $393,207.45
WEEK 134 $411,412.96
WEEK 135 $430,461.38
WEEK 136 $450,391.74
WEEK 137 $471,244.88
WEEK 138 $493,063.52
WEEK 139 $515,892.36
WEEK 140 $539,778.17
WEEK 141 $564,769.90
WEEK 142 $590,918.75
WEEK 143 $618,278.29
WEEK 144 $646,904.57
WEEK 145 $676,856.25
WEEK 146 $708,194.70
WEEK 147 $740,984.11
WEEK 148 $775,291.68
WEEK 149 $811,187.68
WEEK 150 $848,745.67
WEEK 151 $888,042.60
WEEK 152 $929,158.97
WEEK 153 $972,179.03
WEEK 154 $1,017,190.92
WEEK 155 $1,064,286.86
WEEK 156 $1,113,563.34

THE SOFTWARE

This is the "product". It is hyped as being an all-in-one sports-arbitrage trading solution, designed from the ground-up to provide real-time prices from more than 50 internet bookmakers across the world.

In fact, whilst the software looks pretty, the price updates are anything but real-time. Professional sports-arbitrage traders who have tested this software report that prices lag by about 5-10 minutes sometimes longer. Given that the average sports-arbitrage actually only lasts for about 3 minutes, it is no wonder that the only people who rave about the software are the ones reselling it.

James Beattie, the director of the company behind SurebetPro, has previously claimed that his software has direct feeds into the 50 bookmakers. This is patently untrue and the overwhelming opinion from professional traders who have tested the software is that they use lines provided by various free odds-collection websites whose data is publicly known to be delayed by at least 5 minutes and sometimes up to 20 minutes.

If you are planning to become a sport-arbitrage trader and are thinking of buying into the software, which costs $139 per month, forget about it.

There is a very good reason that the company does not offer free trials.
 
They prefer that you pay $139 to find out that you cannot trade effectively with it. And when you complain that the prices are never as reported, you will be told that the prices change because there are professional traders working directly with RFP and they are so good at their jobs that they always get to the bets before you can. Of course, this then leads you neatly to the next stage...
 
The Trading Pool

Since you're unable to make money trading with the software, but you've already demonstrated that you're a sucker...erm...someone who believes that RFP will make your financial dreams come true as long as you pay upfront, the next stage is for you to invest in their HYIP which they call the "Trading Pool"

In the real world, all genuine sports-arbitrage traders face stake limits with bookmakers. The very best traders make around 10% per month on their capital and whilst this is an extremely good return, they face upper-limits on the total capital they can employ effectively.

However, the magic traders at RFP don't seem to face such restrictions. They are happy to trade on your behalf and they say they will pay you profits at an average of 4.63% per week every week. In fact, they are so keen to help people that once you're invested, you're committed to introducing more suckers...I mean investors.

Sarcasm aside, let's take these issues individually and ask some common-sense questions to cut through the haze of $ signs

1. The so-called professional traders who work for RFP have a choice - they could trade on their own behalf and keep 100% of their profits or they can trade of RFP's behalf and make a fraction of the trading profits. Why would any rational trader choose the latter except as some type of charity.

2. Given that all professional traders face limits on how much capital they can use effectively, why is RFP so keen for you to introduce more people into the pool?

3. Since it is possible these days for virtually anyone to borrow money at less than 10% per year, why do these traders want to pay you 4.63% per week just for the priviledge of trading with your money?

4. Take a look at the figures on the left of this page. If RFP's claims are true, then they can turn your $1000 into over $1,000,000 in less than 3 years. Do you REALLY believe they can do this? And if they can, then aren't you wondering why they want to do this with YOUR $1000 and not their own?

(If you are patient enough to leave your money in for a total of 8 years, your $1000 will be worth over $140 billion. Yep - you'll be twice as rich as Bill Gates. We all will! Thanks to James Beattie and the boys at RFP)

Do you know how Ponzi schemes work?

They offer high returns to investors who bring in new investors. The original investor's returns are paid out of the money which is paid by the new investor. The new investor then has to find some new investors of his own and so the chain continues.

Sounds familiar, doesn't it?


So, now you've paid for the software ($139 per month, every month) and you've invested in the Ponzi...erm...Trading Pool. Now it's time for you to be making some of that cash James has promised you. And the way to do that is start making the same promises to someone else!

Welcome to...
 
The MLM

This is the reason you heard about RFP in the first place. Perhaps you have been researching sports-arbitrage and came across a reseller's website promoting RFP. Or maybe you have a friend who's suddenly acting like a salesman who can't stop telling how good the RFP system is.

Well, whoever is trying to sell you RFP, they are doing it because they want to make some money back! They bought the software, they're in the Pool and they've got $139 exiting their accounts every month in fees. THEY NEED YOU TO JOIN NOW.

Ask them if they use the software themselves to trade...

They'll tell probably say "Nahh, I've got my money invested in the Pool so I don't have to work for my profits. You can join the Pool too ... "

But if they tell you that they do trade, ask to see some evidence. Go over to their house and ask them to show you some of the bets they have placed on their bookmaker accounts.

Make sure you see concrete evidence of their personal trading activity and success before you let them suck you in.

Ask them if they have actually received any of their profits from the Pool or if it is all just paper-profit at the moment.

They'll tell probably say "Nahh, we've been told that we need to keep the funds in the Pool for xx number of months before we can withdraw.

Ask them how much real, cash-in-hand profit they have made from RFP excluding anything that has come from the involvement in the MLM aspect.

They'll probably tell you nothing.


If you have had experiences with RFP, good or bad, I'd love to hear from you . If you're going to make claims about the trading profits you have made with the software, please back the claims up with screenshots of the bets in your bookmaker accounts :-)

 

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