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GoCashOut Review: scam or legit? Read this!!!
Thanks for stopping by to read my GoCashouts Review.
There’s never been a better time to earn a living from home, and if you’re stressed about money and struggling with bills, sites like GoCashouts seem like the answer.
Debts, groceries, lying awake wondering how you’re going to pay rent? GoCashouts claims to be an easy solution to your problems, but is it legit or just another scam?
In this review, I’m going to explain what GoCashouts is, how it works and if it’ll work for you. I’ll also show you, that what you see on the surface here is not what’s underneath. GoCashouts is hiding a secret.
The topics I’m going to cover are:
- What is GoCashouts?
- Is GoCashouts a Scam?
- How Does GoCashouts Work?
- GoCashouts Reviews and Complaints
- What I Like About GoCashouts
- What I Don’t Like
- Where Do You Go From Here?
What is GoCashouts?
Table of Contents
GoCashouts (also known as Sharecashouts) is a rewards site that pays you for generating referrals, reviewing products and completing tasks. They claim they have the highest payouts in the industry because their team has spent 13 years developing an AI-based algorithm that somehow “skips all shares eaten up by Google, Facebook, etc.”
Those are their words, not mine. And to be honest, I’m not even sure what they mean.
The claim is that big tech platforms track your “thoughts” to predict what you’re going to buy, and in exchange, they give you access to their platforms for free.
For the most part, that’s true about big tech (and small tech for that matter). Not always of course, but people generally understand what they’re giving up when they sign up for these free platforms.
That doesn’t explain how GoCashouts can somehow bypass the revenue these giants generate and deliver 7-8x the profits that similar rewards websites do.
It also doesn’t explain how they can “remove the discrepancy large tech companies have with regards to your user information and give you all the value directly” as they claim in the image below…
Source: GoCashouts.org
In fact, if not for platforms like YouTube, Twitter and Facebook for example… you would likely never know about GoCashouts. And to earn money and generate referrals, you’ll be using these large tech companies more than ever… feeding them even more information, not less.
Here’s the thing…
The amount of money GoCashouts pays is directly related to the amount their so-called sponsors pay them. It has nothing to do with some “secret AI-algorithm”.
If they pay you $50 to complete a survey, it’s only because the company conducting the survey is paying them more than $50. And according to their share breakdown (90% paid to you: 10% paid to them), that would mean they are getting paid $55 (giving you $50 and keeping $5).
So the real question is not about some algorithm, it’s whether your opinion is worth $55 to the company who’s paying for it?
I’m going to explore this topic of lucrative payouts below because it gets to the very core of what Go Cash Outs is and to be blunt… why their claims are ridiculous.
Is GoCashouts a Scam?
I know you want to make money online. I’ve been there too, searching for ways to do it, clicking on ads and social media posts claiming to show me how.
Most were scams, and if you’ve been searching for a while too, most of the ones you’ve tried were probably scams too.
So how can you tell if a site like GoCashouts is legit or a scam?
Let’s start by following the money to see if it adds up.
Something Doesn’t Add Up
Inside your GoCashout dashboard, you’ll find a list of tasks to complete. One of those tasks is to promote GoCashouts on social media and video platforms.
As you can see from the screenshot above, they will pay you $50 for a TikTok submission and another $50 for a YouTube submission.
Why?
According to their website, they’ve paid out tens of millions of dollars to their members, so it’s a fair assumption to say they have thousands, if not hundreds of thousands of members.
So, just as an example, let’s say they have 100,000 members, and for a quick fifty bucks, half of those members submit a YouTube video (it’s probably closer to 100% of their members, but for the purposes of this example I’ll use 50%).
That’s 50,000 YouTube videos at $50 each, for a total of $2.5 million dollars. In other words, $2.5 million is what GoCashouts will have to pay.
And what do they get for their money?
They get 50,000 nearly identical one-minute videos, all with the same title and description.
They are very specific with this task. Your video title must say “GoCashouts The LEGIT Way To Make Money Using Social”.
Your video description is also specific (see image above).
So why would GoCashouts want 50,000 YouTube videos all pretty much saying the same thing?
Here’s what just 4 of those videos look like on the screen…
Now, can you imagine what fifty thousand would look like?
Depending on your screen size, you’ll see 3 – 5 video thumbnails on screen (in the YouTube search results) at any given time, which means you’ll have to scroll up at least once to see the next 5.
At five per screen, if it took just one second to look at each thumbnail and scroll to the next 5 (deciding which one to watch), it would take you 10,000 seconds (or 2.7 hours) just to scroll through 50,000 videos.
No one is going to watch 50,000 videos and no one is going to spend 2-3 hours scrolling through 50,000 videos either.
So again, why do they need that many videos?
It’s ridiculous.
At most, people might watch 10 – 20 of those videos and scroll through 50 – 100 (and that’s being generous).
That would leave 49,900 videos that do not get a single view.
In other words, GoCashouts will have paid $5,000 for 100 YouTube videos that get 99.9% of the total views…
… $2.5 Million (minus the $5,000) for 49,900 videos that no one will even scroll to, let alone watch.
This is not a smart business decision.
Let me rephrase that. This is a horrible business decision. It’s so bad that even if GoCashouts were legit, they’d go out of business within months if not weeks.
Who can afford to pay millions of dollars for videos no one is watching? And we haven’t even talked about submissions for the other platforms.
Add them all together and GoCashouts is on the hook for tens of millions of dollars for hundreds of thousands of videos and social media posts that no one will ever see or care about.
Let me repeat that because I don’t think it can be stated strongly enough how bad of a business decision this is…
GoCashouts is on the hook for tens of millions of dollars for hundreds of thousands of videos and social media posts that no one will ever see or care about.
Under no circumstances does this make sense.
And if they already have thousands of YouTube videos with the same title and description, do they need another?
Of course not.
I haven’t spent hours scrolling these videos, but it feels like it. And I’ve already found hundreds that have fewer than 5 views. That alone is tens of thousands of dollars GoCashouts is allegedly paying for videos no one is watching.
I’m not a mathematician, but I know enough to know this doesn’t add up.
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