Don't Let Them Take Your Money and Run!

Written by Denise Hall

The Internet is full of scams and fraud. Many are inrepparttar form of "income opportunities" and "investment programs." Sometimes it's hard to tell if a company is legitimate or not. Unfortunately, many of them aren't and people get scammed into losing hundreds, even thousands, of dollars.

The Internet gives bogus companiesrepparttar 116919 opportunity to "takerepparttar 116920 money and run" with less chance of getting caught than inrepparttar 116921 offline world. It's fairly easy to hide behind a website and an, oftentimes fake, e-mail address.

I recently came upon this program, Invest With Gold, ( when asked by one of my newsletter subscribers to try and find out whether it was legitimate. It only took me about 5 minutes to make my decision on this one.

Here's a direct quote fromrepparttar 116922 main page:

"Welcome to, Consistantly paying out our investors since 1998! The only site onrepparttar 116923 internet utilizingrepparttar 116924 currency exchange markets for our investors, and making them money. We offer you up to 800% PROFIT in 2 weeks, GUARANTEED, and completly hands free! And best of all, you are NEVER in danger of losing your investment capitol!"

So they invest their clients money into foreign currencies and make a profit. The profits, less a 1% service fee, go back torepparttar 116925 clients, thus earning money on their investment.

It sounds pretty good, doesn't it? 800% profit in 2 weeks? What a deal! And they've been in business for 6 years, so they must be good, right?

Not so fast! Keep reading before you hand over your money.

The second paragraph onrepparttar 116926 page invitesrepparttar 116927 website visitor to "Just look what our investors have to say" which is a clickable link to a message board for investors to add their comments.

The problem isrepparttar 116928 message board is empty! I'd assume happy clients would post *something* there. (Well, maybe they're working on that page. I'll give themrepparttar 116929 benefit ofrepparttar 116930 doubt.)

I continued readingrepparttar 116931 main page and saw this:

"Although we can not "legally" say you will never lose any money, we can tell you that we have NEVER LOST MONEY in over 6 years! If you're interested, take a look atrepparttar 116932 tracking section, to see how other people's investments are doing, and then readrepparttar 116933 message board, and comments from our clients."

I'd venture to say that "they" probably haven't lost any money, but their clients, if they have any, probably have. I already knewrepparttar 116934 message board was empty, so I decided to check outrepparttar 116935 tracking section.

Here's where it got *really* good. I went torepparttar 116936 page and, lo and behold, I found a list of e-mail addresses of this company's clients! They didn't listrepparttar 116937 complete extension (.com, .net or whatever) butrepparttar 116938 rest was there.

Wait a minute! Don't they have a privacy policy? I wouldn't want to have *my* e-mail address plastered there forrepparttar 116939 whole world to see. How unethical!

I slowly scrolled downrepparttar 116940 page and certain things caught my attention. I recognized 10-15 names as Internet business owners, several of whom are quite well-known. So I e-mailed 8 of them to ask if they've really invested money with this company and, if so, whether or not it was a good investment.

I wasn't surprised to learn that, ofrepparttar 116941 4 people who have replied to me so far, *none* of them has ever heard of this company, much less invested money with them. (I e-mailed them less than 48 hours prior to this writing, so hopefullyrepparttar 116942 remaining 4 will reply to me soon. But I don't expect their answers to be any different.)

I also noticed as I scannedrepparttar 116943 listing of "clients" that approximately 75% ofrepparttar 116944 e-mail addresses looked like this:

admin@ info@ support@ subscribe@ webmaster@ comments@ orders@ sales@ newsletter@ unsubscribe@

A 5 Minute Guide To Sports Arbitrage – The New Internet Loophole That Can Make You Money

Written by Tukshad Engineer

Every now and againrepparttar internet throws up some real loopholes. One in particular stands out, and if you’re interested in making some fast pocket money then you should check outrepparttar 116918 concept of sports arbitrage in more detail. Imagine being able to bet on both sides of a sporting event – so that no matter whatrepparttar 116919 result you walk away with a guaranteed profit. Well that’s exactly what arbitrage betting is about – and thanks torepparttar 116920 hundreds of bookmakers that continue to offer online services this arbitrage loophole is growing with more and more opportunities to claim guaranteed cash every day. The best thing is that it’s completely legal, simple to do and once you start chances are you’ll get hooked withrepparttar 116921 guaranteed and fast money that’s there forrepparttar 116922 take.

Before you get too excited lets take a moment to understandrepparttar 116923 mechanics behind arbitrage – an age old concept that has been used by banks and businesses for centuries. Arbitrage simply is an inconsistency inrepparttar 116924 market – where for example due to global differencesrepparttar 116925 same product or service is charged at different prices in different locations. How is this applied to sports betting? An arbitrage opportunity is formed when different bookies have different prices for different outcomes in a particular sporting event. The bottom line is that we can place bets to cover both (all) outcomes with different bookmakers and get back more than we invested each and every time. It’s important to remember that this is a form of investment and not betting – with arbitrage you know your exact return before a ball is kicked or a stroke played. It’s also important to remember that arbitrage returns are generally low – on average yielding 5% to 10% per play – but for an investment that lasts for a couple of hours, that’s pretty good.

An Example Let’s take a look at a real life example of sports arbitrage. During a ladies single game at Wimbledon between Davenport and Clijstersrepparttar 116926 bookies Tote and Victor Chandler pricedrepparttar 116927 outcomes differently: Tote - 3/1 Clijsters to win Victor Chandler - 2/5 Davenport to win To return £100 with Victor Chandler above we would have to invest £71.42. To return £100 with Tote for a Clijsters win we would have to invest £25. Our total collective investment would be just £96.42 - and whoever wonrepparttar 116928 game our total return would be £100. We have just made a guaranteed 3.58% on your money within 2 hours. You can find plenty of these arbitrage opportunities each and every week. How did we calculate how much investment is required to return £100 (including our stake)? We do a very simple calculation: 1. With V.C.repparttar 116929 odds for a Davenport win was 2/9. To find out how much you need to invest to return £100 simply makerepparttar 116930 following calculation: (a) 2/5 + 1 = 1.4 (b) 100/1.4 = £71.43 2. With Toterepparttar 116931 odds for a Clijsters win was 3/1. To return £100 (including our stake): (a) 3/1 + 1 = 4 (b) 100/4 = £25 Total Investment (£71.43 + £25) = £96.42 Total Return REGARDLESS OF OUTCOME £100 Total Profit (£100 - £96.42) = £3.58 risk free. Do you seerepparttar 116932 beauty of this? No matter who wonrepparttar 116933 game you are guaranteed a certain profit of 3.58% - this is a very good return for an investment lasting just a couple of hours that carries absolutely zero risk. The good news is that arbitrage opportunities like these happen many times on a daily basis, and with a little practice you can find quite a few to invest in as you please.

Why Do Arbitrage Opportunities Occur? Arbitrage opportunities occur when there are differences of opinion on a particular sporting event between two or more bookmakers. Remember that thanks to globalization andrepparttar 116934 internet you can use an online bookmaker who is based anywhere inrepparttar 116935 world. There are many reasons why bookmakers may offer wildly different odds onrepparttar 116936 same sporting event. For a start, many bookmakers overstretch themselves when offering odds – they try and cover every possible market to get as many customers as possible. This is great news for us because in doing so they will sometimes offer odds on events that they have little or no expert knowledge in. For example, a bookmaker inrepparttar 116937 USA may know very little about English Division 2 football games, and yet offer odds on them. In contrast, an English bookmaker will be much more “clued up” as torepparttar 116938 likely outcomes fromrepparttar 116939 same games. The result? Wildly different odds onrepparttar 116940 same games, and a feast of arbitrage opportunities and free money for us. And remember, everyday more and more online bookmakers are enteringrepparttar 116941 highly lucrative online gambling market – this is great news for us becauserepparttar 116942 number of juicy arbitrage opportunities will grow well intorepparttar 116943 future! Also, bookmakers are busy people – and when they are forced to offer odds in pressurized situations they can sometimes make mistakes! Again – leading to a nice stream of easy arbitrage pickings.

Cont'd on page 2 ==> © 2005
Terms of Use