4.0
out of 5
1.7K Ratings
I’ve been using PredictionStrike for a long time, and the recent updates have made the platform nearly unusable. Sparks have settled incorrectly (sometimes before games even start), deposits get stuck in “pending” for days, and there’s currently no way to see an audit trail for transactions, projections, or settlement data.Even worse, fees are applied incorrectly and users can’t verify anything because the app removed the transaction log entirely. Support rarely replies, and many users have been stuck with unresolved issues for weeks.I really want to like this app, but reliability, transparency, and customer support are fundamental. Until these major issues are fixed, I can’t recommend PredictionStrike to anyone.
I usually never leave bad reviews on apps, but you can only purchase shares and sell shares that you own. There is no shorting, when a player is doing bad you cannot predict that, and who ever got in when the app was made has an insane amount of shares that makes them a whale especially with all the 5x deposits they were giving out (this inflated the value of shares and gives more power to whales). The idea is great attempting to turn sports into stocks, but the execution is costing people a lot of money. A lot of people who are uneducated about markets will lose even if they are best sports bettor in the world. When you are not allowed to short something the markets will not be equalized. There will always be someone ahead of you with more shares than you selling over your head instead of losing money. If you got in early good for you, but if your didn’t good luck to you. They essentially made this app with one thing in mind Money, and it’s not winning you any money they think ab. It’s taking it from you. I can say this is borderline market manipulation and certain changes should be put in place to make it a fair market for everyone. With out these changes all of you are just signing up for the biggest Ponzi scheme since crypto currency pump and dumps. You have absolutely no protection from these markets. Nor any protection from their developers.
Hey! Thanks for leaving a review. In all seriousness, of course we're upset that you didn't enjoy your experience on PS, but we'd be happy to discuss any changes you might think will improve the app. We're always looking to make the app better, and are always discussing new methods. I do think there is a bit of a misunderstanding as to how the platform works, and happy to explain that too. Please feel free to reach out on social media or to our support email, and we can have a discussion. Looking forward to it!
SO….after using this for a month.. making some small profit. I decided to cashout money that was of no use to me BACK IN NOVEMBER. Keep in mind … today is CHRISTMAS EVE. Yet… still no cashout received. Don’t think that I didn’t take action.. I have screenshots and emails to prove everything I’m saying. On NOVEMBER 22nd.. I cashout not a huge amount… through PayPal.. my very first cashout. It told me it would take 3-5 business days. These things usually tend to take longer so I waited until DECEMBER 7th …NO CASHOUT. I emailed the “support team” the same day … no reply. Still being patient, I emailed them again on DECEMBER 9th … still nothing and then AGAIN on DECEMBER 14th … guess what ? STILL NO REPLY … then I decided to just remain patient… frustrated, confused . Then you know what ? AN EMAIL REPLY BY THE TEAM A WHOLE WEEK LATER. On DECEMBER 21st… they finally ATTEMPTED to assist, I replied INSTANTLY.. 3 emails back to back ….NOTHING . Now I’m sitting here A MONTH LATER wondering WHERE IS THE SUPPORT? WHERE IS THE MONEY ? No answers…. Just be careful with this app and company being so new … YOU COULD END UP BEING SCREWED OVER LIKE ME. IM DONE USING YOUR SERVICES..completely unprofessional and the lack of urgency needs to be addressed.
Hello - first of all, I'm sorry to hear you had this experience, and I'm sorry that we did not respond to this review sooner. If there are still any issues with your withdrawal request, please email us again and let us know. Over the past month, we've hired folks like myself (Mike) and a team of other support agents to address these issues with more urgency. Candidly I'm not sure why your request took more than 3-5 days in the first place, but I can assure you that it is a very, very uncommon event, and that with our new support team in place urgency/responsiveness is never a problem anymore. Still, I am incredibly sorry this happened to you. Thanks for your time and effort. Best regards - Mike
Some uninformed user gave this app a bad review without acknowledging that it has been up and running for under a month. Of course there are going to be some bugs in the early versions, and their have already been several updates. The guys that came up with the idea are working hard on it to make it something fun and revolutionary for all sports fans. The fee for transactions also is not 4%, so I’m not sure where he got that from. Don’t listen to the haters and naysayers, as they could never take a true startup to the top like these guys are doing. I personally am thriving on the app both off of the excitement and the money being made. And lastly, yes, I too can contest that this platform does/ will rival playing conventional fantasy sports because now I can root for my players while also making $$$$
Let me start with some positives: this is a really cool idea. The platform seems to work smoothly and is easy to navigate. They also have very good customer service and have answered questions I’ve had pretty quickly and clearly. The issue with using this is in the fees. To make any transaction you will be charged a 2.5% fee. If you do indeed buy shares of a player that has their price increase and then decide to sell to cash in, you will be charged another 2.5% transaction fee. They only pay through PayPal and you guessed it - another 3% fee to pay it out to you. So even if your prediction strikes and you have a player that gains value, you are already down 8%. You need them to gain 9% or greater in a week in order to turn any profit. The top performing players usually gain around 20-30% over a week. So if you are good enough to pick a guy in the top 15-20 every week, then you can make some profit. But if you are that good then you should just work in the fantasy industry as the #1 expert and make hundreds of thousands of dollars. Playing the long term game doesn’t really work well either. Because as they perform, the market adjusts to their new projections. So a great game will show you a % increase but the following week will be harder to live up to expectations resulting in a likely decrease. Or, you sell shares away for 2.5% fee. Good luck finding the needle in a haystack like Derrick Henry was 2 years ago where he now has monster games.
As an avid fantasy player I was excited to have a possible way to use my knowledge to make some money. But the juice here is not worth the squeeze. There are transactions fees at every turn, sucking out any small profit you make. Additionally they can adjust lines weekly so a sleeper you've picked up quickly has to keep hitting to maintain value. So you’re caught between wanting to cash out any hit and paying fees on every transaction. They have recently started hiding the fees where they used to be transparent. Withdrawal fees on top of that. Also we all understand its so much easier for a player to miss a projection low than high. So if your player is projected for 15pts and he hits 5 it will take two weeks of him hitting 20 points just to recover value. In the end. Its not about picking good players or even finding good matchups. Because the margins are too small. If it were fun and i were breaking even in wouldn't mind. Not fun. Not worth the squeeze.