I didn't earn from my rented refs in neobux.
By mhae15
@mhae15 (744)
Philippines
July 17, 2009 9:53pm CST
I rented 20 referrals in neobux for 1 month worth $5. But when that one month was finished I checked my earning from them and found out that I didn't earn from them and I didn't even get back my invested money. What I only get in return from my rented refs was only $4.85 which is .15 less from my invested money. With that experienced I somehow feel discourage to rent again in neobux. What about you my co-mylotters who's also member in neobux do you also rent referrals there? Do you earned from your rented referrals at neobux or you also didn't earn from them? Thanks for sharing your experiences.
2 people like this
10 responses
@roseyroser (1059)
• United States
18 Jul 09
I rented 3 referrals and I'm pretty sure I did not earn a profit from them. I think the whole idea of renting referrals is not good unless you get very active referrals, which I think is very hard. You can recycle referrals but then you have to spend a few cents to do that. So I would not ever rent referrals again.
1 person likes this
@prashanthalva (2272)
• India
18 Jul 09
RoseyRoser if You dont rent referrals you will never reach cash Out .. I am also thinking of Upgrading sounds Good .. Will Try Everywhere .. I Have to make Money .. Yeah .. LoL ..
@xXTrizzleXx (186)
• Jamaica
18 Jul 09
Maybe you should have tried (if you had the money) to upgrade to a gold account, as it is quite difficult for a Standard Member to earn significantly by renting referrals.
Also by only renting 3 referrals, there is a high chance statistically that you would lose, because if one referral out of your 3 is inactive, it represents a loss of 33% of your earnings.
I suggest you wait until you have sufficient to purchase 10 or 20 referrals and see how you can manage them best - recycling, renewing and the lot.
Good luck and happy myLotting.
@owelm0408 (1011)
• Philippines
18 Jul 09
yah,I experience the same also. that's why I already stop renting referrals because I always get less than what I invested.
1 person likes this
@LouieWpHs04 (4555)
• United States
18 Jul 09
Could always check the website in my profile. We allow you to post up payment proofs for free with your referral links. If the site catches on you have a chance to get an enormous amount of referrals(absolutely free!) if you join up early! We also allow people to promote their websites for free.
I personally would never rent out referrals. Seems like a silly thing to do. I would rather hunt down referrals personally and not pay a dime but have a lot higher of a chance of getting money from my referrals then if I was to rent them out. Renting them out is just.. too much of a gamble.
1 person likes this
@hdjohnson (2981)
• United States
18 Jul 09
I've never rented any referrals from NEO. You could have replaced the none active referrals with more active referrals for only $0.05 I think, at least that's what I've read from fellow mylotters. I don't rent at all. Thankfully, I have one consistent and active referral that I continue to get a little something extra as long as I'm active myself. Maybe if you replaced your non active ones, then maybe you could have received more than what you did. But $0.15 isn't bad, I thought you were going to say that you only made $0.15, you did quite well for yourself, if you ask me. With those odds, if I were you, I'd try it again and just keep a closer watch on the non-active referrals. Happy trails. Have you heard of matrix mails?
1 person likes this
@entrepinoy (709)
• Philippines
18 Jul 09
I also experienced not earning from my rentals that is why I decided to stick with the current number of referrals that I have and use the earnings to try to upgrade to a golden membership.
1 person likes this
@doinkyroinky (162)
• Philippines
18 Jul 09
Oh no, i just read this, wished i had read this earlier, huhuhu, i just rented 20 referrals earlier on and that i think is byebye $5 already.
@LetranKnight25 (33121)
• Philippines
18 Jul 09
I had some relevant experience too. before i got the 1,2,3 $ pay out i had to pay up 5$ for the rented referrals.recently i had 10 referrals, but my mistake there after reaching the 4$ mark, i put it back in the renting balance. but i regret it now because from 10 now i have 5 and after 5 days i would have no referral at all. that's why il just focus on mylot.