A reader recently tipped me off to an update to Daxio’s MLM offering.

Daxio, as
reviewed on BehindMLM
in May 2020, is the fourth reboot of the Global Game Arena Ponzi scheme.

Six months or thereabouts after that review was published, Daxio added “SportsBot” to its unregistered securities offering.

SportsBot, originally going by “DaxioBot”, is your typical trading bot Ponzi ruse.

Whereas most trading bots are attached to forex or cryptocurrency, Daxio represents SportsBot “trades odds on several sports exchanges multiple times daily”.

This is otherwise known as arbitrage.

You don’t need any knowledge of sports, teams, results or statistics.

Make your deposit, push a button, and let the SportsBot do the job!

The above is from an official Daxio marketing presentation. It 
clearly
spells out an securities offering.

Access to SportsBot is tied to Daxio membership, spanning €99 to €1999 EUR.

Starter – €99 EUR to sign up and can invest up to €999 EUR in SportsBot

Business – €599 EUR to sign up and can invest up to €4999 EUR in SportsBot

Business Pro – €1999 EUR to sign up and can invest up to €10,000 EUR in SportsBot

Funds invested into SportsBot are tied up for 26 weeks.

Returns, purportedly derived from bot activity, are paid weekly.

How much of a return is paid out is tied to how much a Daxio affiliate has invested into SportsBot:

invest €10 to €999 EUR and receive 25% of the purported SportsBot daily revenue amount

invest €1000 to €4999 EUR and receive 50% of the purported SportsBot daily revenue amount

invest €5000 EUR or more and receive 70% of the purported SportsBot daily revenue amount

SportsBot promoter Janos Lucsik claims SportsBot has “made about nine percent profit in every single week”.

Lucsik also claims SportsBot has not generated a single loss day over the past year.

On the MLM side of things, Daxio pays a matching commission on returns paid to downline affiliates.

These commissions are paid via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Daxio caps payable unilevel team commissions at five:

level 1 (personally recruited affiliates) – 5%

level 2 – 4%

level 3 – 3%

level 4 – 2%

level 5 – 1%

Note that while fees and investment amounts are quoted in euro, Daxio solicits investment in bitcoin. Returns and commission payments are made in tether.

From a surface level regulatory perspective, Daxio is committing securities fraud. This is illegal in practically every country on the planet.

Given SportsBot is technically the fifth reboot of Global Game Arena, it’s also likely a Ponzi scheme.

Daxi

🤖 Quick Answer

What is SportsBot in the Daxio offering?
SportsBot is an automated trading bot presented as part of Daxio's securities offering. It claims to execute arbitrage trades on sports betting exchanges multiple times daily, requiring minimal user involvement beyond initial deposit and activation.

How does SportsBot operate according to Daxio's marketing?
According to official Daxio presentations, SportsBot automatically trades odds across multiple sports exchanges daily. Users deposit funds and activate the system without requiring knowledge of sports, teams, or statistics to participate.

What is the connection between SportsBot and DaxioBot?
SportsBot was originally marketed under the name "DaxioBot" before being rebranded. It represents Daxio's expansion into automated trading services within their broader securities offering.

What type of scheme does SportsBot represent?
SportsBot operates as an arbitrage

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