Gold Nugget Invest still performing well…

Just looking back at my account records I noticed that I opened an account at Gold Nugget Invest in the middle of September last year. I must admit it doesn’t seem that long ago but at least the performance has been spot on.

Today I received another 6% weekly interest payment and this has occurred each week since the first investment. I know that Gold Nugget Invest has been serving members for some three years and whilst like all online investments they have faced the odd difficulty they have always overcome any problem.

I really like the new website they have as it is easy to navigate, provides all the functions in a nice interface and has strong security. They also keep in regular contact with their investors which to me is a huge positive when comparing with lots of others.

Just after I joined I saw some news that suggested that Gold Nugget Invest would be going private in 2010 so if you want to join I would do so sooner rather than later.

Returns are earnt from Sports Arbitrage Trading and minimum investment for the weekly 6% return plan is $50. If that is a little steep you can join with as little as $3 which can earn 0.8% per day. Once you reach the $50 level you can switch to the 6% a week plan.

If you have a spare $21,000 to hand you can earn 7.5% a week so there is definitely scope for earning a good return. Plans are open ended so you don’t have to worry about leaving your money invested.

Investments can be made via Liberty Reserve, StrictPay, Solid Trust Pay, Perfect Money and Bank Wires.

Leverage the skill of others to make money…

Yesterday I received an email that was an endorsement for the Ultimate Betting System and thought I’d see what is on offer. Clicking on the link brings you to a fairly standard sales page where you are introduced to Phil Moulds who straightaway admits to being somewhat of a gambling novice who has developed a software package that made some good money for him.

In fact he claims to have turned a £1,000 betting bank into just shy of £25,000 since September 2005. Phil seems to focus on using the system with UK horse racing but the banner at the top of the page claims it can be used with many other sports.

As you read down the page you learn that there is a system to be followed which is fully explained when you purchase. Like all good sales pages there are quite a few testimonials posted which gives some reassurance to the potential buyer…or does it? One thing I do when looking at sales pages like this is to visit any testimonial where there is a website listed. By doing this I am hoping to find an endorsement of the product. Unfortunately this rarely happens which I find very disappointing as the whole point of a testimonial is to provide a potential purchaser with proof that the person does actually think the product or service is worth investing in. This is not to criticise Phil as he clearly doesn’t have any influence over other people’s websites but for me it does detract somewhat from the effectiveness of the testimonial.

Reading more about the Ultimate Betting System you learn that you don’t have to have any experience in gambling although you will need to dedicate some time to applying the system for it to work properly. In fact this is the biggest obstacle for me as when I looked at the detailed results that Phil gives you access to (by separate application) you see that operating the system does require you to have ready access to racing results so that you can learn whether to place the next wager or not. Currently this is not practical for me and I suspect many others although in Phil’s defence he does address this by saying that a reasonable profit can still be achieved by just operating at the weekend.

If you go to the end of the page you will learn about the bonuses that Phil is offering when you purchase. The one thing that caught my eye was the provision of a series of videos that showed you exactly how the system works. I always find it very useful to watch something being done as it confirms the steps you read and sometimes provides the missing link that text may not always contain.

Phil is offering the Ultimate Betting System at £97 as he is keen to get people to use it and send him some more testimonials for a more widespread release in the future. When this happens the cost is likely to rise. I don’t have any real knowledge of whether this is just a sales pitch or a genuine offer to early buyers. What it does mean is that I might buy it (it does have a 30 day money back guarantee) in the knowledge that I won’t be able to profit from it fully until my working arrangements allow me some more flexibility.

Juicy Arbs?…

When I first started writing this blog I was focusing much of my attention on Sports Arbitrage Trading with Risk Free Profit as I saw that as one way to build up a good second income. As you can read in my post for the 2006 roundup I discontinued using their service on a regular basis because of problems with my bookmaker accounts being restricted (and no, I wasn’t trading $’000′s at a time).

Having said that I still like to keep an eye on what is happening in the sports arbitrage world and recently I came across a new offering from Juice Trading. They are a new venture that started towards the end of 2006. Their strategy is somewhat different to other providers in that they sell you the software directly rather than charge a monthly fee. The basic package is $99, a professional version is due out later but there is no information about the price as yet.

Whilst I was doing some research I came across a very good review of the software at the Sports Arbitrage Guide which I think gives a very balanced view of both the positives and negatives of the software. In summary it says that the package is a good starting point for those who want to venture into the world of arbitrage. As they work with a limited number of bookmakers there will always be a trade-off against more expensive services but it certainly means that for beginners there is now a very economical starting point.