GoBets fails to provide ownership or executive information on its website.

In fact as I write this, GoBets’ website is nothing more than an affiliate login/register form:

This is a major red flag.

GoBets’ website domain (“gobets.live”), was privately registered on January 16th, 2024.

Further research reveals GoBets marketing citing “Leonardo Fontes” as CEO.

On social media Fontes goes by Leo Fonttes:

Fonttes, a heavily tattooed Brazilian who lives/lived in Thailand, claims he’s played professional football in 19 countries.

As far as I can tell Fonttes has no MLM experience. He doesn’t appear to have any executive experience, period.

This makes Fonttes a prime Boris CEO candidate.

As of May 2024, SimilarWeb tracked top sources of traffic to GoBets as Russia (70%), Ukraine (9%) and Armenia (5%).

Russia’s traffic dominance is enough to suggest whoever is running GoBets is likely from and/or has ties to Russia. This ties in with Fonttes being a Boris CEO (an actor paid to pretend to be an MLM executive).

Fonttes also appears to have ties to Dubai:

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the 
MLM crime capital of the world
.

BehindMLM’s guidelines for Dubai are:

If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.

If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to GoBets, read on for a full review.

GoBets’ Products

GoBets has no retailable products or services.

Affiliates are only able to market GoBets affiliate membership itself.

GoBets’ Compensation Plan

GoBets affiliates invest tether (USDT). This is done on the promise of an advertised 250% ROI:

invest 20 USDT and receive 50 USDT

invest 60 USDT and receive 150 USDT

invest 100 USDT and receive 250 USDT

invest 200 USDT and receive 500 USDT

invest 600 USDT and receive 1500 USDT

invest 1000 USDT and receive 2500 USDT

invest 2000 USDT and receive 5000 USDT

invest 6000 USDT and receive 15,000 USDT

invest 10,000 USDT and receive 25,000 USDT

invest 20,000 USDT and receive 50,000 USDT

Returns appear to be paid daily and are tied to “daily operations” (pointless tasks).

The user can buy as many contracts as they want to carry out daily operations and increase profits.

The MLM side of GoBets pays on recruitment of affiliate investors.

GoBets Affiliate Ranks

There are five ranks in GoBets’ compensation plan.

Along with their respective qualification criteria, they are as follows:

Fan – generate 20,000 USDT in personally recruited affiliate investment

Player – generate 40,000 USDT in personally recruited affiliate investment

Coach – generate 100,000 USDT in personally recruited affiliate investment

Director – generate 500,000 USDT in personally recruited affiliate investment

President – generate 1,000,000 USDT in personally recruited affiliate investment

Referral Commis

🤖 Quick Answer

What is GoBets?
GoBets is a cryptocurrency-based MLM platform launched in early 2024 with a football (soccer) theme. Its website domain, gobets.live, was registered on January 16, 2024. The platform has been classified by independent reviewers as a suspected Ponzi scheme operating under a multi-level marketing structure.

Who is listed as GoBets' CEO?
GoBets marketing materials cite Leonardo Fontes, known on social media as Leo Fonttes, as the company's CEO. Fontes is a Brazilian national who has resided in Thailand and claims to have played professional football in 19 countries. No verifiable MLM or executive management experience has been documented for him.

Does GoBets disclose ownership information on its website?
No. GoBets does not provide ownership or executive information on its official website. As documented by independent reviewers

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