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Gary Simpson

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Re: My Conclusion on Paypal Randomizer
11/11/2005 7:13:51 PM
Hi Linda, Oh, are we back to the "randomizer?" We are? Oh. OK! Linda, nicely researched - as always. Subtle nudge too - just to get us back on track. Heh...heh... I read you! The randomizer (interesting word Cheri, huh?) Well, just look at those numbers would you? Here's a nice little saying that I have whenever I want to cut straight to the heart of anything... "Numbers don't lie, words do." Hmm. So let's look at those numbers... The key numbers are 146 and $1175. Now, if my logic is correct I am assuming that 146 people put in $15 (3x$5) each. That's $2,190. So, from $2,190 in the kitty an amount of $1,175 has been paid out. That leaves $1,015 that is... well, it's somewhere. Somebody is the custodian of that balance. Er, no prize for guessing who has it! More fun with numbers... 146 people pay in $15 each. Total payments are $1,175. Divide $1,175 by 146. The answer is ... $8.05. Hmm. What does this mean? It means that on AVERAGE, an investment of $15 returns only $8.05. On average everybody LOSES $6.95. Hmm. Does that sound like a GOOD investment? I don't think so. None of this takes into account the fact that most people probably lost the entire $15 so that a select few (read that as the promoters) make heaps. Like I said: "Numbers don't lie, words do." Nice investigation Linda. Gary Simpson
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Bob
Bob Needham

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Re: My Conclusion on Paypal Randomizer
11/11/2005 8:03:01 PM
Hi Nice work with the numbers, I knew there was a reason I stayed away from these randomizers. I like how admin has the most sign ups. So not only is admin getting 1/3 off the top, also getting another 1/3 from almost half the members right off the bat. Send me 15 bucks and maybe I'll send you $5 back. Cool. Bob
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Gary Simpson

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Re: My Conclusion on Paypal Randomizer
11/11/2005 8:12:26 PM
Right on Bob, That "admin" entry struck me too. Nice addition to "the numbers." Bob also said: ------------------------------------------------------------------------------ "Send me 15 bucks and maybe I'll send you $5 back." ------------------------------------------------------------------------------ Bob, that is SO funny. See? The numbers do NOT lie. Maybe this mob could use your slogan on their site. It might lessen their culpability when the authorities move in on them. Gary Simpson
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Re: My Conclusion on Paypal Randomizer
11/11/2005 8:28:30 PM
============================= Send me 15 bucks and maybe I'll send you $5 back Cool. ============================= LOL. Too funny. Here's how they work. If I'm gullible enough to sign up, I make 3 payments of $5. The first $5 goes to the person I signed up under. The second $5 goes to *some one* at random (either admin or another member). The final $5 goes to admin. It's the "someone at random" part that makes me laugh. Random weighted? Not weighted? Random as in each name has to come up once before another one comes up twice? Or random as in one name could come up 5 times before another comes up at all. Guess who controls the randomizer script? (yup - admin) I would flog MYSELF before I'd be that gullible. It actually makes me sad to see that people are that gullible... and promote it like it's the next best thing to sliced bread, without having done their homework. C'est la vie. : ) Linda
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Re: My Conclusion on Paypal Randomizer
11/11/2005 8:32:34 PM
==================================== "Numbers don't lie, words do." ==================================== Words, themselves, don't lie either. People do. LOL There's a whole string of those... Guns don't kill. People do. Words don't lie. People do. Software doesn't create bad sites. People do. Okay, it's nitpicky - but it's still true. *wink* Linda
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