Anyone here has any opinion about this CFG? to me its a ponzi or pyramid scheme. Lots of people has been talking about this lately.
CFG FOOTBALL MALAYSIA, Discussion on reliability or scam
CFG FOOTBALL MALAYSIA, Discussion on reliability or scam
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Jan 3 2022, 11:19 AM, updated 4y ago
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#1
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Newbie
10 posts Joined: Aug 2016 |
Anyone here has any opinion about this CFG? to me its a ponzi or pyramid scheme. Lots of people has been talking about this lately.
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Jan 3 2022, 11:24 AM
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#2
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Junior Member
140 posts Joined: Mar 2021 |
i been experimenting with it
operation is like money game, the difference is the money dont really come from recruiting but betting. |
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Jan 3 2022, 11:25 AM
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#3
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Junior Member
50 posts Joined: Nov 2014 |
Park. My colleague trying to get me into it. He said deposit 1K in 6 months oledi become 64K. Find it hard to believe
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Jan 3 2022, 11:28 AM
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#4
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Junior Member
140 posts Joined: Mar 2021 |
not based on my calculation, not that much.
the money you put in will double in average 40 days plus minus so 6 months get you around 29k return only yes, it is too good to be true, i categorize this under money game, join at your own risk, and only put in disposable money into it. QUOTE(sheeva86 @ Jan 3 2022, 11:25 AM) |
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Jan 3 2022, 01:33 PM
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#5
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Junior Member
65 posts Joined: Jan 2011 |
invested 500 and within 3 months earn 3.2K
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Jan 3 2022, 06:39 PM
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#6
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Junior Member
124 posts Joined: Apr 2015 |
i agree with the too good to be true part its got this daily compounding interest which is...well imagine putting 3k and let it sit for 1 year and boom you can semi retire already so far so good lah for my first month lately many so called groups appeared that says you can join the group with just x amount of deposits, then you'll be guaranteed with min 1~2+% daily compounding interest which is....um its a "betting against" system where you win as long the match result isnt the same as the one you betted on i can only say join at your own risk loh iirc i saw somewhere else someone said cfg has been established for 2 years Edit: other than the last sentence^ the rest is when you joined a so called vip group, they give you daily predictions and you just do all in bets based on the given prediction Another Edit: Anyone interest joining plz come use my referral code so i can earn some kolo mee money This post has been edited by Achilles Yong: Jan 3 2022, 07:00 PM WTH5556 liked this post
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Jan 3 2022, 08:37 PM
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#7
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Junior Member
330 posts Joined: Jan 2019 |
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Jan 3 2022, 09:03 PM
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#8
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Junior Member
268 posts Joined: May 2009 |
QUOTE(Achilles Yong @ Jan 3 2022, 06:39 PM) i agree with the too good to be true part How about those non capital guaranteed bets, if you lose, will you lose the whole amount of bet, or the percentage shown?its got this daily compounding interest which is...well imagine putting 3k and let it sit for 1 year and boom you can semi retire already so far so good lah for my first month lately many so called groups appeared that says you can join the group with just x amount of deposits, then you'll be guaranteed with min 1~2+% daily compounding interest which is....um its a "betting against" system where you win as long the match result isnt the same as the one you betted on i can only say join at your own risk loh iirc i saw somewhere else someone said cfg has been established for 2 years Edit: other than the last sentence^ the rest is when you joined a so called vip group, they give you daily predictions and you just do all in bets based on the given prediction Another Edit: Anyone interest joining plz come use my referral code so i can earn some kolo mee money This post has been edited by tampinmy: Jan 3 2022, 09:06 PM |
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Jan 3 2022, 09:28 PM
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#9
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Junior Member
124 posts Joined: Apr 2015 |
QUOTE(X1X1 @ Jan 3 2022, 09:37 PM) For the group i join there is this affiliate program where you get 8% of the amount your direct downline withdraws. The 8% is given by cfg, meaning the deduction wont occur on the withdrawn amount....so if say you as my downline you have withdrawn 4m i'll get 4,000,000*0.08 = 320k QUOTE(tampinmy @ Jan 3 2022, 10:03 PM) How about those non capital guaranteed bets, if you lose, will you lose the whole amount of bet, or the percentage shown? For the group i have joined as long you do your bets in accordance to the predictions given, your capital is safe. So far there were two cases where the prediction went wrong and everyone have lost all their capital (all in bets). All the lost capitals were compensated within an hour or two. And yes, since its an all in bet, you lost all if you lose the bet. You will not be entitled for compensation should you not follow the predictions given, and all the betting records are there so you cant even attempt to lie and get away with itThis post has been edited by Achilles Yong: Jan 3 2022, 09:31 PM |
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Jan 3 2022, 09:45 PM
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Junior Member
330 posts Joined: Jan 2019 |
QUOTE(Achilles Yong @ Jan 3 2022, 09:28 PM) For the group i join there is this affiliate program where you get 8% of the amount your direct downline withdraws. The 8% is given by cfg, meaning the deduction wont occur on the withdrawn amount....so if say you as my downline you have withdrawn 4m i'll get 4,000,000*0.08 = 320k hahahhaha For the group i have joined as long you do your bets in accordance to the predictions given, your capital is safe. So far there were two cases where the prediction went wrong and everyone have lost all their capital (all in bets). All the lost capitals were compensated within an hour or two. And yes, since its an all in bet, you lost all if you lose the bet. You will not be entitled for compensation should you not follow the predictions given, and all the betting records are there so you cant even attempt to lie and get away with it u know what is gambling ? consistent winning or losing. u know what is scamming ? consistent winning. |
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Jan 3 2022, 10:06 PM
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Junior Member
124 posts Joined: Apr 2015 |
QUOTE(X1X1 @ Jan 3 2022, 10:45 PM) hahahhaha well of course its gambling, CFG is football betting, you seeu know what is gambling ? consistent winning or losing. u know what is scamming ? consistent winning. As for the consistent winning, i didnt say anything that the group i have joined gives 100% accurate predictions though https://www.reddit.com/r/SoccerBetting/comm...ng_statistical/ you might be interested to read about this to me its more like the odds/probability stuff, since you have 50/50 chance of getting it right/wrong its not impossible for one to have scored 9/10 of the bets made, and there are such cases if you try look'em up scammer or not i dont know, thats why i said join on your own risk should you wish to and cfg is about inverse football betting which gives you even more of a chance to score your bets.....imo This post has been edited by Achilles Yong: Jan 3 2022, 10:22 PM |
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Jan 3 2022, 11:14 PM
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#12
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Newbie
10 posts Joined: Aug 2016 |
Thank you all for your opinion. I however find this a bit fishy. That much compounding intrest makes sense. But to me, its more to a ponzi scheme. If bank negara gets wind on this, im sure they will shut this down.
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Jan 3 2022, 11:17 PM
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Junior Member
330 posts Joined: Jan 2019 |
QUOTE(Achilles Yong @ Jan 3 2022, 10:06 PM) well of course its gambling, CFG is football betting, you see hahhahahaha ... 50/50%As for the consistent winning, i didnt say anything that the group i have joined gives 100% accurate predictions though https://www.reddit.com/r/SoccerBetting/comm...ng_statistical/ you might be interested to read about this to me its more like the odds/probability stuff, since you have 50/50 chance of getting it right/wrong its not impossible for one to have scored 9/10 of the bets made, and there are such cases if you try look'em up scammer or not i dont know, thats why i said join on your own risk should you wish to and cfg is about inverse football betting which gives you even more of a chance to score your bets.....imo that is first time i heard on betting or casino. |
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Jan 3 2022, 11:21 PM
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Junior Member
140 posts Joined: Mar 2021 |
yup its betting, and the group claim if follow their instruction and lose the bet they will refund. Well as any money game promise, take it with a bunch of salt, play at your own risk, and only play with disposable money
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Jan 3 2022, 11:25 PM
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#15
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Senior Member
3,970 posts Joined: Nov 2007 |
they give u instruction to bet, if lose they refund capital? then whats the catch lol
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Jan 3 2022, 11:26 PM
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Junior Member
140 posts Joined: Mar 2021 |
yup the whole operation is kinda dodgy too, i ask my aunt that introduce me this about how to declare the income, she say no where to declare
and she say the company registered in UK, but only operating in MY and can only direct transact with selected MY banks and USDT, to play has to have MY bank account, or foreigner must use USDT, including UK people where the company is registered QUOTE(Gdee08 @ Jan 3 2022, 11:14 PM) |
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Jan 3 2022, 11:27 PM
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Junior Member
140 posts Joined: Mar 2021 |
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Jan 3 2022, 11:52 PM
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#18
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Senior Member
3,970 posts Joined: Nov 2007 |
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Jan 4 2022, 12:27 AM
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Junior Member
140 posts Joined: Mar 2021 |
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Jan 4 2022, 01:07 AM
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Junior Member
95 posts Joined: May 2010 |
Malaysians and money game.. never berpisah overthemoon liked this post
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