And by the way I am not begging for money here. I am just offering this to this community. This platform does not accept crypto so that why I suggested to compose a fun betting group and put together resources and bet risk free as a group.
I have enough money to do this on my own but why playing alone if you can increase chances by playing together
Firstly, you did not bother answering my question which is odd since I was considering joining your group, but I wanted to know what the minimum investment is.
It's risk free for you but not risk free for the other members of the syndicate, who need to supply 90% of the stake. It's not really that different for other affiliate schemes - bring some suckers in, we'll kick some money back to you.
This is a fair point actually. How exactly will this method be risk free for everyone else op since the 10% rebate which you mentioned several times already is exclusive to the captain only? Care to clarify?
everyone is free to create his own syndicates as well. I consider my betting balance as 2 parts. I use it partially to create my own syndicate pools which give me returns in form of rebate. but I invest in other captains syndicate pools as well which is also gambling for me cause my money is at stake as well.
And it isnt really an affiliate sheme. this rebate opportunity is available for everyone. Even a person that signs up today and creates a syndicate pool qualifies for a 5% rebate. In this way they stimulate that there is enough traffic on their platform. Everyone can become a captain. From the moment you start creating syndicate pools you are a captain. And depending on your results you will receive followers on the platform that are willing to invest in your syndicate tickets
but I definatelly not registered there to gamble entirely risk free. I create syndicate pools which guarantee me rebate and risk free betting but I play solo tickets myself and I also invest in other pools than my own.
Its just the same like any other gambling site actually. if you refer people and they play than you also receive a ref commission on their wagered amount. If you only gamble with your referral commission that you received on your referrals wagers than you also are gambling risk free. So I do not understand why all the hassle about it. It just is exactly the same.
And do not get me wrong. I am not here to find affiliates or people that want to invest in my tickets. There are thousands of players on their platform and they get filled anyway. The reason I am here is to compose a group and to benefit from the 10% rebate as a group.
Just a simple example.
I have 100€ on colossus to spend to create tickets. So with 100€ and the min 10% captain contribution I can create a total amount of 1.000€ in syndicate tickets.
But lets say we have a group of 10 people that each put in 100€ in our shared pool than we have 1,000€ and than we can create 10,000€ in syndicate pool tickets.
And for our group it would be risk free.
If all tickets get filled we receive the 10% rebate that returns our 1,000€ and if tickets do not get filled the tickets get voided and we receive the money of the voided tickets back as well.
It only has 1 negative side on creating a group. Lets say if we have a group of 10 that put money together to fund the 10% min contribution than every group member would own 1% of the entire ticket instead of me 10% if I play alone. But I rather have 1% in a total of 10,000€ in tickets than 10% in 1,000€ of tickets. Cause chance of winning will increase cause we would be able to fitl in 10x more lines than when I would play alone.
Very interesting op. Decided to do some research on Colossus bets(Never heard of it till now) and observed that they have been around for sometime with decent reviews overall. They basically encourage accumulator style mutual bets with slightly better chances.
Can understand why some posters including me are skeptical about your 'Guaranteed' winning system though I am interested in this syndicate system of yours, but I would like to know what the minimum investment is in your group(In crypto obviously)? Also, I focus primarily on Soccer and Cricket bets.
Sorry I missed that reply and did not answered your question. I do not run a huge group. At this moment we are a small group of friends. When we found out about colossusbets we each added 75€ to the platform to try it out. So we only started with a 375€ balance. If everything goes well we gonna add much more to it. but the most important is that we set some results so we build a community of followers on colossusbets.
So we accept everyone in our group and everyone is free to choose how much he wants to contribute to the group bankroll.
As soon as a new member joins there is full transparency. All members receive links of all the composed tickets, all members can decide together with us which games to pick and assist us with their knowledge. Because the more knowledge of different people you have as a group the more powerful tickets can be created.
So if you are interested we can always discuss in private or on telegram, Skype if preferred. It would be nice to have a BTCtalk community member joining our team so we have someone that can vouch for us and about what we are doing.