What is Reverse betting? (Is reverse betting legit?)
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What is Reverse betting? (Is reverse betting legit?)
Read all about Reverse betting.
Since the popularity of platforms like 86fb, luckyfootball in Nigeria, many people have been searching on reverse betting, wanting to know what it is all about, and if it is a legal or legit.
Reverse betting is a new trend of betting employed by platforms like 86fb, luckyfootball and many more, it is a different kind of betting that involves you selecting an outcome that is not going to happen, you will win when it doesn’t and lose when it does.
In this post, coinist.com.ng (Coinistnigeria) going to be writing all you will need to know about reverse betting and more. Remember to leave us a comment after you finish reading and also share with your friends on social media.
Let’s get into it then…
What is reverse betting?
Reverse betting is a new trend of betting employed by platforms like 86fb, luckyfootball and many more, it is a different kind of betting that involves you selecting an outcome that is not going to happen, you will win when it doesn’t and lose when it does.
How does reverse betting work?
For example, when you select the outcome of a match between Liverpool and Chelsea to be 3-0, you will win if the outcome is anything other than 3-0, and only lose if the game ends 3-0.
With this type of betting, the risk of losing is greatly reduced, and the possibility of winning is as high as 97%.
Many reverse betting platforms even go as far as refunding your money when you pick a losing game, as long as you played the game they gave you.
Is reverse betting legit/legal?
There are many who argue that this is not a real type of betting, and that it is not sustainable over a long time for the betting company, and as referred to these types of companies as scam and fake.
A deeper look into the system shows that, they might not be far off the point. According to the research performed by coinist.com.ng, these platforms usually rely heavily on their affiliates program to remain sustainable for a while.
Only time will tell what will become of these reverse betting platforms.
Reverse betting platforms
86FB
86FB is a football betting platform under the City Football Group. It is a joint venture holding company in the UAE, the UK and China. Based in Manchester, it operates and manages a number of football clubs around the world, has a club certified and regulated by the local government in Nigeria, and has set up a legal Internet sports event investment company.
Luckyfootball
Luckyfootball1 is a new football trading platform that is kind of similar to the popular 86fb, which allows you to make money from reverse betting. For example, if you predict the score of an event to end 2-2, you will win if the game ends in any other score, apart from the selected “2-2”.
On this platform you can also build a team, so you can earn more money i.e. you will need to refer your friends to join you on the platform, so you can earn more money.
Betspassionclub
Bets passion club is a betting platform that works quite differently from the usual betting platforms, in the sense that you will be given the games to play, and will be refunded if it doesn’t go your way.
Betspassionclub.com is very similar to the popular 86fb, which is also a football trading platform that allows you to make money from reverse betting and also for becoming and affiliate.
According to its website “Bet passion club is an international sports betting app that encourages users who are passionate about and fans of various football sports games to make prediction and earn money if their forecasts are correct.
We’d also help users get game coverage, which gives them peace of mind when they bet on pbc games. This coverage covers their deposit amount, and users get 5% when they win with the balance repaid in the event of any losses.”
Chelsea football club investment platform
CFC Football investment platform is a sports trading platform that allows you to make money through its VIP investment opportunity.
CFC football club allows you to make money from reverse betting and also from inviting/referring your friends to register on the platform.
According to its website “CFC Football Club is a sport investment company that focuses in empowering members to become financially free through its VIP investment opportunity.
CFC football investment platform uses big data analytics system and software to make data-driven decisions that provide “zero risk and high ROI (Return on Investment)” for investors. CFC football club has been operating for over 38 year with headquartered in CFC, Texas USA. Its investment scope covers investment banking, finance, securities, real estate, sports, and entertainment.”
Conclusion
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4 thoughts on “What is Reverse betting? (Is reverse betting legit?)”
It does work for only a very short period of time.- 2 months estimate. I too got a good profit of these very risky “investment schemes” what is important is you know when to exit. But at the end of the day. It’s a very big Scam..
I want to learn to earn from bitcion
Is ug football platform legit or scam??
How long have these reverse football investment platforms been in the system?
Do they stay up to a year, two , three or mor