Is Stratsol a pyramid or ponzi shceme?

bowlhead99

mikeyboy64 wrote: »

Stratsol is not a scam as already been said above use other peoples I'd for matched betting.Lots of the people they recruit are young woman who obviously see it as easy money.Could do it themselves but statsol make out it's too dificult.Use pre paid cards to open the accounts and get the client to aend in their images of id for the verification purposes.

Yes, it definitely doesn't sound dodgy at all to provide high quality copies of your personal identification documents so that they can pretend to be you and open gambling accounts in your name using prepaid cards and return profits to you, unless it doesn't work out in which case they won't return profits to you.

I can see why *they* would want you to do it. I can't see why *the mark* (I mean client) would want to do it - other than the usual things: among others, greed for the promises of easy riches; and misplaced trust.

mikeyboy64

Loads of people do it.I do it on a very small scale with friends and family.Lots of money to be made if you know what your doing.

mikeyboy64

So easy to make money from free bets so no reason why the client woudnt get their money.

antrobus

See here;
https://www.householdmoneysaving.com/stratsol-easy-money-or-scam/

Companies House shows that EPLJ as the person with significant control over the company. Interestingly, Mr. EPLJ also ran a company called Evolution Sports Trading Limited. This company is listed as in liquidation on Companies House. Looking through the Facebook page and the site, it appears that Evolution offered the same services as Stratsol. However, the website is still running and Evolution Sports and Stratsol share the same office and email address.

inflationbuster

mikeyboy64 wrote: »

So easy to make money from free bets so no reason why the client woudnt get their money.

It's good to dream l guess.

chockydavid1983

Just do the matched betting yourself - it's super easy to earn a fair amount of money from sign up offers.

Bravepants

There are plenty of resources available to learn how to do Matched Betting. It takes time, but you can easily make £500 in a month from extracting the free bets offered by online bookies' sign up offers. Oddsmonkey, for example, offer a free "tutorial" to take you through the process. Eventually, however, the cash flow will slow down but you may still be offered free bets from time to time and there are plenty of bookies offering sign up offers. The process works by "backing" a bet at a bookie and "laying" the bet at an exchange (you are the bookie at the exchange).



Once you've made, say £500, then you can try small stakes Each Way No Lay betting, which works by taking advantage of the fact that bookies Each Way odds are calculated by a simple division of the win odds by 4 or 5 depending on the race, therefore not reflecting the true probability of the horse placing (because its difficult for the bookie to calculate that!) - the house edge actually is then in favour of the punter not the bookie and over many bets, races and horses you will extract a profit from the process. Each Way No Lay betting is still gambling (and not true Matched Betting), but it's gambling with the house edge in your favour. There are some simple rules to help manage your initial pot, for example start with a fixed pot of money and stake 1% of your pot on a horse and bet upto 10% of your pot per day you do the betting. On average you should see 10% wins, 30% places, 60% losses...most of your horses will lose. You cannot do this easily without some online tools; there are sites (like Oddsmonkey) that offer matcher tools (for a monthly fee) that can match horses at Bookies where the odds are shortening at the betting exchanges...that's how you pick the horses - you are actually then getting better value from the odds (higher odds) at the bookie compared to what the hundreds and thousands of punters at the exchanges think the "true" (lower) odds are.

Some people into FIRE are matched bettors, they see it as a side hussle, so for example Savings Ninja has a guide on the subject, and Weenie on her "Quietly Saving" blog does it and posts her monthly profits along with her savings pot update.