Binom Review – Legit Business or Huge Scam? Find Out Here…

Welcome to my Binom Review!

Chances are you’ve heard the buzz around this company and you’ve taken it upon yourself to scout it out personally.

It doesn’t matter if someone personally told you about this opportunity or you just stumbled upon a random Facebook ad one day and decided to check it out.

The fact that you’re here means you’re doing your due diligence!

In this review, I will be breaking down this company’s history, products, compensation plan, and cost to join… and of course my own verdict.

So first, let’s talk about the company!

Binom Review – The Company

Binom Review

As far as I could find, the Binom website domain was registered as binom-corp.com on the 22^nd of March.

And it is claimed to have been founded in 2015, but I couldn’t find proof of that.

…

And that’s it.

Wow! There really is nothing to work with here…

Might as well just move on then!

Binom Reviews – The Products

Binom products

Binom has no products or services to sell, however affiliates can market membership itself.

Also, check out my ranking the top 25 mlm companies.

The Binom Compensation Plan

The affiliates of this company must invest funds for a daily ROI as outlined down below:

Liverpool – Invest $25 to $249 and receive a 1.7% daily ROI for 12 days (120.4%)
Chelsea – Invest $250 to $4999 and receive a 2.4% daily ROI for 18 days (143.2%)
Real – Invest $5000 to $49,999 and receive a 3% daily ROI for 30 days (190%)
Barcelona – Invest $50,000 to $99,999 and receive a 4.1% daily ROI for 35 days (243.5%)
Bayern – Invest $100,000 to $10,000,000 and receive a 4.6% daily ROI for 40 days (284%)

Binom affiliates can earn referral commissions through a unilevel compensation structure that is capped at 20 levels.

These commissions are paid out as a percentage of the overall invested funds and depend on how many people the affiliate is able to sponsor themselves as outlined below:

Status 1 (sign up and invest) – 5% on level 1 (personally sponsored affiliates), 2% on level 2 and 1% on levels 3 and 4
Status 2 (convince others to invest $25,000 or more) – 6% on level 1, 4% on level 2, 2% on level 3 and 1% on levels 4 to 7
Status 3 (convince others to invest $250,000 ore more) – 8% on level 1, 5% on level 2, 3% on level 3, 2% on level 4 and 1% on levels 5 to 8
Status 4 (convince others to invest $2,000,000 or more) – 9% on level 1, 6% on level 2, 5% on level 3, 3% on level 4, 2% on levels 5 and 6 and 1% on levels 7 to 12
Status 5 (convince others to invest $10,000,000 or more) – 11% on level 1, 7% on level 2, 6% on level 3, 4% on level 4, 3% on level 5, 2% on levels 6 to 9 and 1% on levels 10 to 15
Status 6 (convince others to invest $30,000,000 or more) – 13% on level 1, 8% on level 2, 7% on level 3, 4% on level 4, 3% on level 5, 2% on levels 6 to 10, 1% on level 11 to 17 and 0.5% on levels 18 to 20

Bonuses

Affiliates who qualify for Status 4 and higher can earn the following bonuses:

Status 4 – $80,000
Status 5 – $250,000
Status 6 – $500,000

Cost to Join Binom

The cost to join Binom is free, but in order to actively participate and start earning commissions, there is a $25 payment required.

Binom Review Video Summary

Verdict on Binom

From what I’ve seen and heard…. Binom seems to be claiming they have a partnership with some European betting tycoons and experts…

And just as I expected, the proof of this is nowhere to be found.

As someone in the MLM industry, I can confidently say that betting should not be relied on to give a fixed ROI on a day-to-day basis.

But of course, take from that what you will…

The real cherry on top has to be the business model of Binom.

It’s a classic Ponzi scheme.

It begs the question… if you were able to produce 4.6% ROI, why wouldn’t you reap the benefits for yourself?

And why would European betting experts partner with a business that doesn’t even have a legitimate website?

So, it all comes down to this…

Revenue is likely only coming from one source… the new affiliates.

And trust me, once that pool dries up, so will Binom as an MLM company.

Thanks for reading my Binom review! Feel free to leave a comment or question down below if you have any…

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