CHYIPS

A very interesting prospect has just appeared in the world of HYIP, coming in the form of CHYIPS. I had been aware of the operation before it launched as my associate had dealt with the group of operators before through a mutual contact. It offers a unique and attractive way to earn, promoting it as "The New Way to Earn".

They do not accept and deposits of any kind, so the threat of another ponzi operation is a non-issue. I also knew of some previous business the group had been a part of in the form of some very large trading accounts that they hold with traders my partner and I deal with. They are large investors and I cannot imagine them running a program unless it was going to be very big.

The opportunity that they offer is made possible by the operator's connections with online casinos. They are essentially online casino affiliates who receive a commission for every new player that they bring to the casinos. A standard affiliate might receive $75 for referring a new player, however, thanks to their connections, CHYIPS can get a much more generous deal. It is these increased earnings that are passed onto the CHYIPS members. Essentially, you benefit from the deals that CHYIPS has with the online casinos.

The system works when a new member signs up, they earn by completing the offered promotions. A promotion involves signing up as a new player to an online poker site and completing a list of requirements. CHYIPS earns a referral commission for signing you up and a percentage of the this commission is entered into your CHYIPS account. You will typically earn $90 for completing a single promotion.

You can also refer others to complete the promotions and for every promotion one of your referrals completes, you will earn an amount (usually $20). This means that currently if one of your referrals signed up and completed all the promotions, you would earn $140 for that referral. I was impressed with their referral program as unlike other referral programs which are paid out of the pocket of the admins, every cent in referral commission comes from actual profit generation paid by the online casinos. This means that the referral program it is not a drain on the operation as a whole.

All your earnings for both completing promotions and referring others to complete them are entered into your CHYIPS account and will earn interest. You earn a variable rate of 0-10% each month on your account balance.

This is one I think everyone should take a careful look at.

www.chyips.com

Best of luck.

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