Martingale Bot doesn’t operate from a website. Instead it’s a bot run on Telegram.
We’ll get more into this in the conclusion of this review. With respect to due-diligence though:
- Martingale Bot doesn’t disclose who owns the opportunity
- Martingale Bot has an MLM compensation plan and operates as an MLM opportunity.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Martingale Bot’s Products
Martingale Bot has no retailable products or services.
Affiliates are only able to market Martingale Bot affiliate membership itself.
Martingale purportedly sells a trading bot of unknown origin for $150,000. This however has nothing to do with Martingale Bot’s MLM opportunity.
Martingale’s Compensation Plan
Martingale Bot affiliates invest $100 to $200,000 in bitcoin. This is done on the promise of a 1% a day return, capped at 200%.
Once 200% is reached, reinvestment is required to continue earning.
Martingale Bot pays referral commissions on invested funds via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Martingale Bot caps payable unilevel team levels at ten.
Referral commissions are paid as a percentage of bitcoin invested across these ten levels as follows:
- level 1 (personally recruited affiliates) – 8%
- level 2 – 5%
- level 3 – 2%
- levels 4 to 6 – 1%
- levels 7 to 10 – 0.5%
How many levels a Martingale Bot affiliate earns referral commissions on is tied to recruitment:
- recruit one affiliate = earn on level 1
- recruit two affiliates = earn on levels 1 and 2
- recruit three affiliates = earn on levels 1 to 3 and so on
To count towards referral commission qualification, recruited affiliates must have an active investment.
Joining Martingale Bot
Martingale Bot affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $100 investment in bitcoin.
After a 200% ROI has been realized, reinvestment is required to continue earning.
Martingale Bot Conclusion
Telegram bot MLM Ponzi schemes started in 2016. After a few exit-scams and Telegram preemptively shutting a few down, they kinda died off.
Now someone is trying to bring them back.
Martingale Bot’s Ponzi ruse is a betting bot.
We have created and tested a script that runs on a bot on any computer that will log in to any online casino and place bets according to the set of rules we have defined in the bot.
We chose a proven strategy and we have tested this strategy for over 1000s of hours individually and using the automated bot and made a lot of profits.
That’s of course all baloney. Martingale Bot is a simple Ponzi scheme that will run while there’s invested bitcoin to steal. When that runs out it’ll collapse, leaving the majority of investors with a loss.
In an attempt to convince gullibles to invest, Martingale Bot offers direct access to its bot for $150,000.
The kind of people that sign up to lose money in shady Telegram bot Ponzis aren’t giving $150,000 to randoms over the internet.
And that’s exactly what Martingale Bot is betting on (no pun intended).
Lazy people are attracted to Ponzi schemes. Even if they had $150,000 to lose they’re not interested in wasting time setting up a bot and connecting it to casinos (who are apparently now fine with losing money :rolleyes:).
They want to go on Telegram, type in a few commands and think they’re earning 1% a day.
If you want to read up on the brief Telegram MLM Ponzi bot fad of 2016-2018, here’s some further reading:
Telegram has been turning a blind eye to fraud for years so them doing anything about Martingale Bot is unlikely.
When Martingale Bot inevitably collapses, we’ll probably see a few more reboots (with different ruses). That’ll carry on till the owner of this new Ponzi bot runs out of reboot victims.