Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
Funding a business
Do you think gambling operates like a ponzi scheme??
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Alexandoy, post: 74851, member: 25510"] To be frank, gambling is a way of losing money so you have to avoid it as much as you can. A Ponzi scheme is a multi-level recruitment. They earn money with the membership fee that you pay. When you have recruited a new member part of his membership fee goes to you like a commission. When that recruit gets his own recruit then you also earn from that 3rd level of recruitment. In short, the scheme is making money for members from their recruitment. In gambling you are betting with a lower odds for winning so in the long run you tend to lose. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
Funding a business
Do you think gambling operates like a ponzi scheme??
Top