Hello friends, This is my 2nd review today and now I am going to introduce a new long term weekly paying program called AbalLong.com. They are having a simple website with only single plan but with twist in payment processor and some unique features will be discussed later. AbalLong claims to be operated in Sports betting and specially in Soccer. The website is being hosted in DDos protected server provided by HushHosting. Their domain name is registered for only one year and will expire on 9th December,2010. Click here to view the complete whois record.
First,let discuss about their only investment plan. AbalLong offer variable weekly earnings ranging from 2% upto 8%. But in your account you can see a daily earning however you cannot withdraw it daily. You can request for withdrawl your daily earning in daily basis but you will receive all your payments only in Thursday every week. For an imaginary deposit of $100 you can receive minimum $2 or maximum $8 return weekly. The minimum is just $10 join. The good thing about their plan is it pays 7 days a week, there is no business days and also their plans doesn't have any terms. There is no lock in period also. You can request your principal amount at any time, but after requesting you have to wait upto 30 days to get back those money in your account since AbalLong will require time to withdraw it from their betting pool.
Now here it is just like any other program but let me discuss about their unique features now. As I said that the first is about their accepted E Currency. AbalLong accepts Liberty Reserve, Alertpay, Strictpay, Perfect Money, Paypal and Bank Wire transfers. And they also introduced some security like, you need to be a verified member first then only you can use Paypal and Bank wire. Click here to get the details about their verification process which is pretty similar to Alertpay verification. And also if you want to invest more than $1000 through any of the E currency then you also need to be verified. Here I am not really impressed with the feature because many big investors would not like to provide their personal details. So, I really think admin should lift this limit for atleast LR,PM, AP and SP payment. I think it will be more attractive to the big money investors.
Now they are having some other rules also, one of them is income distribution method. That means when you will request payout you will receive 85% of your requested amount. 15% will be deducted as 5% administration fees and 10% other fees like transfer, exchange fees or commission whatever. This is very rare case in HYIP industry. Very few programs charge fees for withdrawing profits. take a look at the calculations here,
Your daily bet profit fully reflecting on your account but,
During the withdrawal request, you receive 85%
- 5% - administration fee
- 10% - for expenses (commissions, transfer fees, exchange fees, etc.)
For instance (a simplified example):
You invest $1000. We place bets with two bookmakers, on arbs returning a profit of 2.22%. The income after the game comes to $22.2.
A sum of $18.87 is immediately added to your account. I receive $1.11 for generate the profit to you. $2.22 is allocated for expenses.
Now here I think AbalLong is a really unique kind of program in terms of their verification process and also for 15% admin fees. I think from this 15% admin should save up some funds as reverse money so if anyday he suffers loss from betting then he will able to make the member's payment atleast. It will make the program more stable. Anyway, I wish AbalLong will stay online and will pay for a long time to the investors.
What others are saying :
MMG Forum
MEF Forum
DTM Forum
TG Forum
Disclaimer : The reviews and all the payment proofs is just my opinion and experiences with the actual website, I do not endorse any program i posted here,Please understand the risk and invest at your own risk.
Subscribe to:
Post Comments (Atom)
1 comments:
I wish this is really a long term program.
Post a Comment