Sorcex Review

Here is a new investment idea for your HYIP investors, Sorcex, it is in in sports arbitrage business operated by a small group of Sports Investment specialists. You basically invest your money into this sport betting bookmaker business. Well all know that most of the money is made by the bookmaker not the player themselves. This one looks rather interesting to me, when I signup today, I can't really invest yet because of the "overcrowed" condition, see the definition below. This one looks rather legit. I will place my bet on this one whenever the investment is open to me. Here is the quote from the site:

How do we generate your profit?
The majority of the profits we generate (approximately 80%) are achieved by placing trades with BetFair (arbitrage bets). This not only removes risk but ensures that we will be paid promptly. In addition, we are able to generate enhanced profits as the ‘odds’ move much faster - similar to Forex in some respects. We also generate approximately 10% of our profit via classic arbitrage betting but, again, there is no risk of non-payment because we restrict our activities in this area to traditional bookmakers. The remaining portion of our profits (around 10%) is derived from a combination of other strategies that we prefer not to disclose publicly.

How much referral commission do you offer?
You will receive 8% of each and every investment made by anyone that you refer. All referral commissions are paid within one (1) business day.

Why is there a pending time on my matured investments?
Unfortunately, the companies that we deal with will not accept e-Gold and, therefore, we are required to exchange the e-Gold we receive into traditional currency. The same applies when we need to convert currency back into e-Gold. We are forced to wait while our exchanger transfers the funds into and out of e-Gold, which can take up to four business days. Of course, if there is sufficient e-Gold in our account then we are able to pay you much faster - the four days quoted is simply the maximum.

Why can't I make a deposit / What does 'Overcrowded' mean?
We are bound by a fixed daily restriction on the amount we can transfer into our live trading accounts so, in order to pay the maximum returns to our members, it is vitally important that we do not permit large amounts of e-Gold to sit 'unused' in our account simply because we have been prevented from actively trading with it. To avoid this situation, our system monitors how much has been deposited each day and prevents further deposits once the daily limit has been reached. When this happens, the system will display an 'Overcrowded' message. The daily limit is reset at approximately 22:00 GMT so, if you are having difficulty making a deposit, try accessing the deposit screen shortly after this time.

Why is there a total daily deposit limit?
SorceX is a real business, as are the companies that we deal with. These companies impose restrictions on the amount that we can deposit into our accounts each day to ensure that their business models are not adversely affected. They certainly would not allow us to bet with unlimited amounts of money! To ensure that we do not find ourselves in the situation of having more funds deposited with us than we can earn a return from, we decided to employ a daily deposit-limit.

What rate of interest do you pay?
As a real business that makes real trades, the profit we achieve varies from day to day. Depending upon our level of success each day, you will receive between zero (0%) and three (3%) percent per day, 7 days a week. All interest applied to your account is automatically compounded to achieve substantially greater returns for you.

Who manages the funds being traded?
Our team is currently comprised of four members from Europe and the USA. We are all specialists in professional sports betting and arbitrage and therefore able to generate a stable income for you.

When does my investment start earning money?
Due to the way we move funds into and out of our trading accounts, your investment will not begin to accrue interest until it has been active for one full calendar day. For example, if you make an investment today then your first interest payment will be applied tomorrow.