Here's a comment I posted on another blog yesterday -- the blog owner posted that he was signing up for Agloco because he "trusts me":
You shouldn’t sign up because you trust me. It’s entirely possible that Agloco is a scam or that it will bust and never pay out a dime. I can never say that won’t be the case — I’ve never even met the people behind Agloco. Personally I put the odds at less than 50-50 that participants will ever see a dime from it.
The reason I signed up is that it takes 2 minutes, and it’s easy enough to refer others and let them decide for themselves. If Agloco fails, we’ve lost virtually nothing. If it succeeds, everyone who participates stands to benefit.
Even if I figure the odds at 95% that Agloco will fail, I’d still sign up and encourage others to do so. How many of these virtually free bets can you afford to make?
Certainly if the odds seem very long, it’s a waste of time to bother with something like this. But I think the odds here are good enough to sign up and pass it on.
You don’t have to be right even 10% of the time with bets such as these. They’re no-brainers. It’s like getting a free spin on the roulette wheel. Toss out the free chips and see what happens. If you lose it’s of no consequence — the chips were free anyway. And if you win, it’s all gravy. Donate your winnings to charity if you’d like.
I see some fear and paranoia along with the usual scarcity-based outrage over entrepreneurial income generation ("Omigod, Steve could actually make money from this! How dare he make money! Money is evil! We must set him straight!"), but to me the facts suggest this is a smart bet. The downside is essentially nothing. The upside is fair to big. You won't normally see such bets offered in Vegas.
You can wallow in scarcity thinking like a lifetime wage slave with an overdeveloped fear of failure, or you can take 2 minutes to sign up and see what happens. If Agloco flops, no big whoop. Just say, "Next!"
FYI we've got 617 sign-ups so far, 531 of them direct.