RRT Review: A Recycled Sports Betting Ponzi Scheme Promising 7% ROI
RRT is a sports gambling and trading tool promising daily rewards of 8% respectively. Here’s our detailed rrt.cc review which offers the truth about this recycled sports trading app.
From what we’ve seen over the years, RRT is one of the biggest scams to hit the Asian sports betting scene. The platform started way back in late 2022 with the same promise of guaranteeing high-profit margins thanks to the staked percentages.
Those who engaged with the platform would later get baffled by the app’s stance of blocking withdrawals. Our RRT app review will expose some of the risks associated with this platform and what current members are facing.
Mind you, the platform has two websites targeting clients all over Asia. And this goes to show we’ve got a Sports gambling and trading cartel that doesn’t care about its users. Sign up and deposit at your own peril.
Hundreds of sports traders are up in arms after the platform’s recent round of withdrawals was blocked. There’s a plan to ditch this website and go to their second website, already up and running, rrt2.cc.
With these two websites, RRT is planning to take as many deposits as they can while still trying to entice new users. We’ve got to expose the Chinese and Russian hackers behind this app that also targets crypto wallets held on mobile devices.
For more, continue reading our exclusive rrt2.cc review.
Want to dive deeper into this topic?
Connect with Val or one of his team of experts for personalized insights, one-on-one guidance, and tailored advice to help you navigate the complexities discussed in this article.
A Dossier of RRT including background and history
The second website is what we’re after as it’s currently the lead money-generator for the scammers. It all started in October 2023 after the platform blocked withdrawals for its maiden website, rrt.cc.
From the records, it’s clear the app was registered in Baidu with RRT having clear ties with a Chinese MLM syndicate. Gambling has been notorious in Asia with gangs starting to take the war to the app world.
To try and get as many users to sign up, the platform has an affiliate program with a 3-matrix outcome. The highest ROI to earn as an affiliate is 8% with the third matrix earning rate set at 3%.
While the platform solicits funds using USDT, there’s a backdoor war going on with your wallet. The platform’s source code indicates it uses brute force attacks to gain access to your crypto wallet.
Not only is RRT a shady online sports gambling tool, but it’s also a security risk for anyone who downloads the app. Chances of the app getting what they’re really after are high with customers complaining of failed attempts to gain access to their Crypto wallet.
That’s why the platform wants users with USDT wallets on their phones to sign up. The culprits behind this platform have been trying this route for months. And they did manage to fleece over $2 million from users.
How the platform solicits funds is by using false promises of earning high ROI. RRT is basically a click-a-button app that guarantees winning bets on football matches all over the world. That’s one of the ways to get gamblers to sign up without question.
Alongside promising passive returns, the platform does have a stronghold in Pakistan and the Philippines.
Cons of RRT
Before joining any platform, you better do your homework and weigh the pros and cons. If the platform was indeed helping investors to earn more, why would they need your money? To top it all off, the platform asks for as little as 25 USDT to start.
Weighing the pros and cons of RRT is one of the safest ways to avoid investing in such platforms. You need to check online reviews of any sports gambling tool before committing funds.
Another red flag is the promise of making guaranteed winning sports bets. Here’s what we found out with RRT;
A Complex commission structure
We’ve noticed the platform has a complex commission structure for traders. This includes a structure promising commissions from three levels. It means you are earning passive commission from users who were invited by your first referral.
These are the types of claims that will move some investors to quickly sign up seeing how easy it will be to make ROI. However, that’s rarely the case as the platform doesn’t even allow withdrawals.
A Promise of high returns in a short time
One of the red flags on any Crypto MLM product or sports gambling tool is the promise of high returns in a short lifespan. In this case, members get a promise of making guaranteed 8% ROI on all bets placed.
With this promise, members rush to bet on nearly 200 bets a day on this platform for a chance to striking gold. Little do they know that there’s no expert or robot that can correctly predict all matches.
And with the stint of making 8% ROI in under 90 minutes of each game, the platform does solicit more funds. What some investors fail to realize is that some of the bets change mid-way the games.
For example, the game between most English Premier league games change with the current score line. What the platform does in response is claim to have secretly made the bet for you to ensure winning margins.
All these are false claims as we have a dummy sports betting tool that fails to live up to expectations.
Easy money or passive income from rrt.cc
One of the ways to spot a red flag in any investment project is the call for making easy money. The platform claims to help you earn passive income all through the referral project. Members get the promise of earning high bonuses and commissions.
Whenever you see easy money laying around, know that’s a trap set by someone. The platform easily blinds investors with the call of making easy money through affiliate passive income. And that has led many to fail miserably.
Emphasizes on recruitment more than the product
You’ll notice RRT is pushing members to bring in new investors with every ‘false’ bet made. It goes to show we have a recruitment-based structure that solicits funds from your network. Before convincing family and friends to join, think twice.
The platform claims you’ll also share part of the profits made by the referred party. This claim has moved hundreds to convince their friends the app works, without even withdrawing the entire vested amount.
No demonstrated revenue from RRT
Another red flag to spot with this platform is there’s no demonstrated revenue from the platform. No one knows the type of investment that comes with this platform or how it started. All we have is an app that popped out from nowhere.
You need to invest in a project that has transparency in the way they do things. There’s no telling how much the platform takes to the bank with your deposit or betting results. We also don’t know who runs the platform, including any partners.
Is RRT Legit or regulated?
RRT is a sports gambling app failing to have any registration in any jurisdiction all over Asia. And that’s why we’ve got to expose the platform for failing to offer much in terms of a safety net for investors.
Once the cookie crumbles, everyone will be running for help from regulators. By then, these Chinese scammers will have closed shop and run off with your funds. Remember, all pyramid schemes eventually collapse.
Our Verdict RRT
RRT is a high-risk no-reward sports betting platform, stay away.
Instead, earn passive income through proven means and projects backed by the community and experts.
Do leave a comment or email us with any queries.