Life Holdings returns is based on..
Blackjack. Everyone should be familiar with the casino card game; The returns are derived from Blackjack sessions everyday on Betfair. The program administrator, Dan has explained in the interview on how his session daily works.
Andrewunknown expressing his views on the sessions via HYIP Ranks Forum here.
Dan himself, explains how it works in his Life Holding’s Forum and with session details update here.
I have requested Dan to show me a session, but he declined. Fair enough as he explains that if it leaks, we wouldn’t be investing in Life Holdings and will be doing the session ourselves.
Since Betfair takes in only bank wires, the question has been posted to him; E-gold to Bankwire where fees are involved, isn’t it silly? Why not take in bank wire instead? You can check out the interview I had with him.
Personally I do not like the idea of just keeping a 15% float for in, out exchanging. To be frank, since payments are being made weekly, a viable option would be just to do bank wires and maximize the profits that he has for his investors and himself. Keeping the E-gold option is good for making HYIP investors life easier, that’s all. But to keep a float (like a reserve) will always be good, for other purposes (such as lost bets etc).
Question has been post on what if the deposits has reached the 150,000 - 200,000 level as well. Dan responded that the funds will diversify to forex for the returns. He will be trading the account himself should Life Holdings hit that level of deposits.
The Program Administrator, Dan
I have verified almost every little bit of information I could apart from the passport, and the physical address that was provided to me. Sneakily, I’ve taken webcam shots of him and the verification bit without his consent. The photos and information are blurred to protect his privacy; Should you want similar sessions like this, you can try contacting Dan (I’m not sure whether he’ll approve this, but, worth a shot http://hyipblog.nobshyip.net/wp-inc...s/icon_wink.gif )
http://static.flickr.com/138/324404952_a9a6c31e1d_m.jpg
Calls has been made to his cellphone, and his land phone, with web cam verification being done at the same time. Additional information was provided (like his matriculation ID and even rental agreement).
Webcam was pointed to his screen as well to show me on his Betfair account.
If anyone is in Romania and wants do volunteer for a meet up or do some verification on this, please contact Dan and maybe let me know so we could present it to the rest of our readers as well.
The bloke is honest and open on his information, and does provide me with all the things I asked him to provide in a timely manner.
Conclusion
I always believe in whatever you invest in (in this case, gamble), as long as you have a system that works and stick to it, in the long run you’ll be the winner.
For Life Holdings, Dan has proven himself to be disciplined to stick to what he has and doesn’t risk the principle sum that he puts in Betfair to increase significantly the amount of profit he can make per session. The earnings are constant, and you don’t see raking percentages.
Investors are happy with the way that Dan is handling the program right now, with returns being paid in a very timely fashion.
The Downsides
I don’t see any website which allows user to check their balance, though Dan says it’ll be ready by 07, we’ll have to see how things will pan out then.
To break even with their average returns per week means we’ll have at least 8 months before the principle sum is being recovered. This simply means the lifespan of this HYI must be over 8 months, putting Life Holdings into the high risk category.
I’ve not been shown any sessions that he plays, which doesn’t confirm of the constant profit that he is reporting; probably if it’s possible in the future.
Since he’s dealing with funds and has to out exchange to E-gold all the time, a fluctuation in gold price would simply means there might be a possibility that he’ll exhaust his 15% float. We’ve seen a lot of funky ping pong patterns with gold prices lately.
Since it’s a one man show, it’s more advisable that he gets someone to deal with the administrative side instead of himself; Sharing loads would always be better with partners so he can concentrate more on the sessions instead. As time goes by if his program happen to grow, more investors would simply exhaust him if he deals with both administration and betting sessions.
No records of forex trading shown. We might be looking at it in the future if the program grows.
Life Holdings isn’t registered, though it doesn’t affect much of what he’s doing at the moment to make returns for the investors, the impression given might be misleading.
The Upsides
It’s a good diversifying area, since most of the opportunities presented are dealing with forex, or some as a matter of fact that doesn’t divulge what kind of work they do (Legisi).
Your funds is not locked for 8 months, which means you are allowed to leave anytime you’re unhappy about it.
The man himself is dynamic, and full of energy for his program; He doesn’t get tired of what he does. Age does really matter http://hyipblog.nobshyip.net/wp-inc...s/icon_wink.gif
Discipline is the key, I think he has what it takes but I might be judgmental here.
I’ll be in.
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I'd be very happy to be refunded; I have shopping to do.