I have a successful system that only takes 1-2 hours weekly, and despite low limits pays well for the time invested.
I have collaborated with friends, and people who they vouch for - the next step is to open the opportunity to the public.
Of course the main issue now becomes trust, as my collaborator will have control of my funds.
I think getting a lawyer to prepare a document holding the collaborator liable to my share of the profits, as well as giving me access to account activity, would suffice.
Has anybody ever gone down this path?
Does anybody have advice?
Thanks.
Collaborating with strangers
- ray mansi
- Gaining experience
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Re: Collaborating with strangers
why not share system with 1-2 peoples who can play with their own account and then split profits half later ?
- Grant
- Gaining experience
- Karma: 9
- Grant
- Gaining experience
- Karma: 9
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personally know, more than that - I wouldnt borrow significant amount of money to people I know for years and you are going to do it to someone you just spoke online I guess. Smells money lost nothing else. I was considering such cooperation before but there is simply no way to secure your funds or be sure other person will share his winnings if you guys agree to split winnings/expusure.
Re: Collaborating with strangers
Dont do that. Hell yeah, lets say you met online someone based Croatia/Georgia, anywhere basically outside your country, first I really doubt anyone will be willing to sign any docs, second - even if good luck trying to get your money back later if that person decide to withold it, may take years if not forever. Basically I wouldnt trust anyone I dont
personally know, more than that - I wouldnt borrow significant amount of money to people I know for years and you are going to do it to someone you just spoke online I guess. Smells money lost nothing else. I was considering such cooperation before but there is simply no way to secure your funds or be sure other person will share his winnings if you guys agree to split winnings/expusure.
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arbusers
- Administrator
- Contact:
- Karma: 626
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Re: Collaborating with strangers
There are many parameters here.
1. The country you live in and the countries these strangers live in.
2. Hiring a lawyer is adding extra costs and you need to figure out if it worths it.
3. Some times collaborating with strangers might be the only way forward to exploit an opportunity. If this is the case, try finding a modus operandi that would guarantee the following:
a. Your collaborators do not run away with your money. To achieve that you need regular withdrawals when a certain amount is met. For example, never let a balance grow above 5k. This amount would keep your collaborators interested in the project because in the longterm they will benefit far more than these 5k.
b. Any delay in a payment must cause the immediate and unconditional stop of the project until the payment is met. Ridiculous or even credible excuses should raise red flags immediately.
c. Knowledge should not be passed to others because they will leave the minute they believe they are able enough to run a project on their own. Minimal knowledge and education should be shared with your counterparts.
d. Trust absolutely no-one. Even your relatives should not be trusted with money.
e. Be more than sure that some counterparts are stupid. They are ready to steal your X amount of money now, even if they know they can make 100X of this amount in 2-3 years.
f. Judge from the nationality of someone. Some nationalities will for sure steal from you, no matter what, because this is their culture and the way they were raised by their families.
1. The country you live in and the countries these strangers live in.
2. Hiring a lawyer is adding extra costs and you need to figure out if it worths it.
3. Some times collaborating with strangers might be the only way forward to exploit an opportunity. If this is the case, try finding a modus operandi that would guarantee the following:
a. Your collaborators do not run away with your money. To achieve that you need regular withdrawals when a certain amount is met. For example, never let a balance grow above 5k. This amount would keep your collaborators interested in the project because in the longterm they will benefit far more than these 5k.
b. Any delay in a payment must cause the immediate and unconditional stop of the project until the payment is met. Ridiculous or even credible excuses should raise red flags immediately.
c. Knowledge should not be passed to others because they will leave the minute they believe they are able enough to run a project on their own. Minimal knowledge and education should be shared with your counterparts.
d. Trust absolutely no-one. Even your relatives should not be trusted with money.
e. Be more than sure that some counterparts are stupid. They are ready to steal your X amount of money now, even if they know they can make 100X of this amount in 2-3 years.
f. Judge from the nationality of someone. Some nationalities will for sure steal from you, no matter what, because this is their culture and the way they were raised by their families.
- crypto data
- Gaining experience
- Karma: 6
Post
Re: Collaborating with strangers
Colaboration if you bet on soft is a must this days.
Those who cant addapt and cant find people to colaborate with in this industry, they will become dinosaurus
Those who cant addapt and cant find people to colaborate with in this industry, they will become dinosaurus
- aleksandar20
- Gaining experience
- Karma: 0
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Re: Collaborating with strangers
I am interested in,
More then 15yeras experience in arbing and currently in value betting. Let me know some of the details i can start with my own funds and if its profitable will agree on percent for sharing .
Best regards
More then 15yeras experience in arbing and currently in value betting. Let me know some of the details i can start with my own funds and if its profitable will agree on percent for sharing .
Best regards
- ray mansi
- Gaining experience
- Karma: 0
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Re: Collaborating with strangers
but what if you can do something half year or year and then not anymore. If you can gather 100 peoples like this will they send half profits to you or do you know forum where it might be place to ask it. Its a win win situation, but does not last
- jagas
- To become a Pro
- Karma: 11
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I will disagree with you on F, it might be a trait for some nationalities but there still a minor percentage of them who are different. This different ones will even guide the business further than you would expect positively. Of course it is always wise to trade with caution
Re: Collaborating with strangers
arbusers wrote: ↑Sun Mar 10, 2024 7:21 amThere are many parameters here.
1. The country you live in and the countries these strangers live in.
2. Hiring a lawyer is adding extra costs and you need to figure out if it worths it.
3. Some times collaborating with strangers might be the only way forward to exploit an opportunity. If this is the case, try finding a modus operandi that would guarantee the following:
a. Your collaborators do not run away with your money. To achieve that you need regular withdrawals when a certain amount is met. For example, never let a balance grow above 5k. This amount would keep your collaborators interested in the project because in the longterm they will benefit far more than these 5k.
b. Any delay in a payment must cause the immediate and unconditional stop of the project until the payment is met. Ridiculous or even credible excuses should raise red flags immediately.
c. Knowledge should not be passed to others because they will leave the minute they believe they are able enough to run a project on their own. Minimal knowledge and education should be shared with your counterparts.
d. Trust absolutely no-one. Even your relatives should not be trusted with money.
e. Be more than sure that some counterparts are stupid. They are ready to steal your X amount of money now, even if they know they can make 100X of this amount in 2-3 years.
f. Judge from the nationality of someone. Some nationalities will for sure steal from you, no matter what, because this is their culture and the way they were raised by their families.
I will disagree with you on F, it might be a trait for some nationalities but there still a minor percentage of them who are different. This different ones will even guide the business further than you would expect positively. Of course it is always wise to trade with caution
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