Is slips.com legit or scam? Reviews and complaints

 

Introduction

Slips.com is an online platform that offers users the opportunity to earn money through various promotions and referrals. However, like any platform that seems too good to be true, it is important to thoroughly research and understand how Slips.com works before deciding to sign up or invest your time and money.

In this in-depth review, we will explore everything you need to know about Slips.com including how it works, the sign-up bonuses and requirements, the legitimacy and trustworthiness of the platform, real user experiences, and the risks involved. By the end, you will have a clear understanding of whether Slips.com truly offers a genuine earning opportunity or if it is best avoided.

How Does Slips.com Work?

At its core, Slips.com functions as an affiliate marketing platform. Here are the key aspects of how it works:

• Signing Up: To sign up and create an account, users must use a referral link from an existing user. This allows the referring user to earn a commission.

• Earning Bonuses: New users receive a $15 signup bonus once they meet the minimum deposit requirement, which is currently $10. This deposit can be made via bank transfer, debit/credit cards, PayPal etc.

• Referring Others: Existing users can refer friends and family and will receive a $15 bonus for each successful referral that meets the deposit threshold.

• Using Funds: Once received, the bonus can be used to place bets on games/sports through the Slips.com platform or withdrawn as cash back to a bank account or e-wallet.

• Withdrawal Limits: Users can only withdraw earnings once per week and the limit is $100 per month for new users. This increases with account activity over time.

So in summary, Slips.com relies on an affiliate model where users are incentivized to refer others in exchange for bonuses. This drives growth for the platform.

Bonus Requirements

While the advertised $15 signup bonus seems appealing, there are important conditions and requirements that users must understand:

• Deposit Threshold: As mentioned, to qualify for the bonus, new signups must deposit a minimum of $10 into their Slips.com account from an approved payment method.

• Account Activity: Beyond the initial deposit, no other activity is explicitly required by the listed terms. However, some users report that bonuses were denied or delayed until completing additional bets or wagers on the platform.

• Referrer Activity: If a user signs up via someone else’s referral link, that referrer must have met their own activity requirements like placing bets regularly to qualify their referral for the bonus.

• Country Restrictions: Slips.com is currently only available to users in the United States and Canada. International users cannot take advantage of promotions.

• Timeframe: Bonuses are usually credited within 7 days but could take up to 2 weeks according to the terms. Delays beyond this timeframe have been reported by some users.

Taking all this into consideration is important before relying on the signup bonuses as part of an earning strategy from Slips.com. Additional requirements beyond the stated terms should also raise red flags.

Is Slips.com Legit?

Determining the legitimacy and trustworthiness of an online platform like Slips.com requires scrutiny of several factors:

Company Information

• Registration: Slips.com is registered as a business in Canada but not publicly traded. Difficult to independently verify ownership and management.

• Address: The listed address for Slips.com in Ontario, Canada checks out as a legitimate business property but no other presence online.

• Licenses: No record of licenses found that would be required to legally operate online gambling/betting activities, raising regulatory concerns.

User Experiences

• Reviews: Mixed reviews found on third party sites with many complaints of signup bonus not crediting or facing difficulties withdrawing funds.

• Trustpilot: Slips.com has a low 1.4/5 star rating on Trustpilot from over 150 reviews, majority being 1 star complaints.

• Reddit: Multiple subreddit threads discuss issues with Slips.com like slow withdrawals and support not responding to issues.

Platform Quality

• Website: The Slips.com website looks professionally designed but some pages appear placeholder or lacking in details.

• Mobile App: No official mobile app is available, which is common for newer platforms but raises doubts. Site must be used via mobile browser.

• Security: HTTPS certificate is in use but no additional security practices like 2-factor authentication are implemented leaving accounts vulnerable.

Taking all available information into consideration, Slips.com does not seem entirely transparent in their operations and many real users have faced issues. This raises doubts about the legitimacy and trustworthiness of the platform. Independent verification of licenses and regulatory compliance is also needed.

Risks Of Using Slips.com

While the signup bonuses sound attractive at first glance, there are some clear risks involved with using the Slips.com platform:

• Delayed/Denied Bonuses: As mentioned earlier, several users have complained about not receiving the promised signup bonus despite meeting the stated terms.

• Difficult Withdrawals: Getting funds out also seems to be a challenge for many with long waits and excuses being given instead of prompt payouts.

• Scam Accusations: The mixed to poor reviews and complaints have led to several accusations that Slips.com could potentially be a scam operation.

• Lack of Support: Users report support is slow or non-responsive, which is a red flag for any platform holding users’ funds.

• Regulatory Issues: Absence of proper licensing raises concerns the platform may shut down or funds get frozen in case of regulatory actions.

• Account Security: Lack of proper security practices like 2FA make user accounts and funds vulnerable to hacking or scams.

• Terms Changes: Slips.com reserves the right to change any terms including bonus rules, withdrawal limits without prior notice.

For these reasons, it would be prudent not to invest or deposit significant funds that cannot be afforded to lose when using Slips.com or similar platforms. Appropriate research and vigilance is required.

Alternative Options

For users still attracted to the concept of earning referral bonuses online, there are arguably better and more reputable options to consider:

• Survey Sites: Platforms like SurveyJunkie and Swagbucks offer gift cards for completing surveys which can be easier to cash out from.

• Cashback Apps: Ibotta, Drop and Dosh are legitimate cashback apps offering bonuses for shopping through affiliate stores and referrals.

• Microtasks: Sites like Clickworker, Appen and Lionbridge connect users with small online tasks & projects that can be a steady side income.

• Peer-to-Peer Payments: Services like PayPal, Venmo and Cash App provide bonuses for both merchants and new users signing up through referral codes.

• Online Contests: Websites like PrizeRebel, InboxDollars and VacationSweet host regular contests and sweepstakes to win cash & prizes.

All these alternatives have well established businesses, transparent terms and most importantly a proven track record of making timely payouts to users without issues. The risks involved are also much lower.

Conclusion

While the concept of earning sign up bonuses through referrals on Slips.com seems attractive, the reality is that this platform raises numerous red flags when thoroughly evaluated.

Key issues include lack of transparency around operations and licenses, mixed to poor user reviews complaining of denied bonuses and difficult withdrawals. This paints the picture of a platform that is likely not fully legitimate and trustworthy to invest time and funds with.

The various risks involved like account security issues, potential for denied payouts and changes to terms should deter most users. Prospective members would be better off exploring alternative and proven platforms for online earnings that do not have these concerning factors.

An appropriate level of skepticism is advised for any platform promising quick and easy money online. Unless fully transparent and with a strong track record, such offers are best avoided. I would suggest staying away from Slips.com based on the available information uncovered in this review.