Hey, welcome to my Arbitrage Underdog 5 review. I first heard about this software a while back, probably about a year ago. I was tempted to try it back then, but for some reason I didn’t. I was busy with other things and wasn’t sure if it would actually be that good.
But now I see version 5 has been released, I have decided to give it a go. After all, what have I got to lose? There is a 30 day money back guarantee, so what the heck, why not?
Main Info at a Glance:
- Product Name: Arbitrage Underdog 5
- Owners: Tom E & Chad Rego
- Basic Version: $27
- Black Label Edition: $37 extra ($64 total)
- Additional Training & Support: $67 extra ($131 total)
- My Verdict: Not Recommended
- Why? Not many appropriate opportunities on Craiglist, and you can easily search on Upwork without this software anyway.
Arbitrage Underdog 5 Sales Page
So, straight away on the sales page this video automatically plays:
The testimonials do sound genuine, and it’s very exciting to think that I could pay $5 and earn $300. But I’m a bit sceptical about that for two reasons:
- To get things done quickly and to a high quality on Fiverr, you will probably need to pay more than $5. Most $5 gigs on Fiverr offer only the very basic service, so to get high quality work done quickly you will probably have to pay an extra $5 for 1-day delivery and at least another $5 (most likely more) to get the best quality work done.
- I suspect that most requests on Craigslist are not going to be offering quite as much as $300. Perhaps $100 is more realistic.
But before I committed to buying Arbitrage Underdog 5, I wanted to do a bit more research. I found this video where “Mike from Maine” interviews the owner Tom E:
So, after watching that video, I finally decided to give it a try…
The basic version costs just $27, but as soon as I had bought that I saw this page:
So, for an extra $37 you can get the “Black Label Edition”. This version enables you to search all US states as well as other countries and even other websites besides Craigslist. To be honest, this is what I would expect from the software anyway, so really the proper version of Arbitrage Underdog actually costs $64, but they sell in this way because it draws you in with a low price for the basic version then upsells you to the proper professional version.
So I bought the Black Label upgrade, but then I got another offer:
So, basically they want you to pay another $67 to be given proper training on how to succeed with Arbitrage Underdog. So this puts the total price up to $131. For me, this brings up the question of why do I need this extra training? Surely if the main product already comes with training, that should be enough to use it successfully, right?
So I passed on this offer…
The training is okay. There are several videos showing you how to use the software, plus some additional training videos from an affiliate.
These videos are enough for you to learn how to use Arbitrage Underdog. However, I would have liked them to be a bit more in-depth and step-by-step with actionable tasks to complete. Maybe my expectations have been set too high because that’s how training is done over at Wealthy Affiliate.
It’s possible that the additional training they tried to upsell me would have been more thorough and step-by-step, but I wasn’t prepared to spend that amount of extra money.
One thing they recommend is that you use proxies. In case you don’t know what proxies are, they are alternative IP addresses that you can use if you are bombarding a website with lots of requests. Without proxies, you can quickly end up getting your own IP address banned, and this did actually happen to me when I was first experimenting with Arbitrage Underdog. I was suddenly unable to open any page on Craigslist.
They recommend you go and buy some premium proxies, via their affiliate link of course. This would cost an extra $10 per month. However, I have a piece of software called Scrapebox which is able to find me free proxies to use.
I found a bunch of free proxies that worked and were fast:
I then pasted these into the proxies section in Arbitrage Underdog:
Searching on Craigslist
So I set it going for about an hour to search all US states on Craigslist for the keyword “logo”. Here is a screenshot:
A few things to point out here:
- There are zero results for today (I searched on 6th July).
- There are only 6 results for yesterday (5th July).
- The top 2 results are clearly not what I’m looking for.
- One of the remaining 4 results is only offering $12.
Why does this matter?
Because I need to find jobs that are as recent as possible. Now, I am in the UK, so it’s kind of understandable that there would be no US results yet because many Americans will still be in bed at 9am British Summer Time.
But even taking that into account, let’s say those 4 results WERE for today. Just imagine how many other Arbitrage Underdog users will be responding to those jobs! Not only that, there will be other people who are not users of Arbitrage Underdog who will be responding to those ads.
I’ve searched for other keywords such as book cover, ebook, website, etc. I still get similar number of results, sometimes even fewer results. So this means Craigslist is not really a good place to find many these types of jobs, even with the help of software like Arbitrage Underdog.
Using this software to search on Upwork is a lot quicker than on Craiglist and brings up many more results. It found 76 jobs just for today:
But here’s the thing:
You can easily find the same jobs just by searching directly on Upwork:
Yes, I know Arbitrage Underdog allows you to also search on Fiverr to find people to complete these jobs, but you can easily search direction on Fiverr. I mean, that’s how these websites work – you search on them. Here are some results on Fiverr for “logo”, filtered to deliver in 24 hours and to only show Top Rated Sellers:
So, Upwork is a huge job site, full of lots of jobs paying good sums of money, and Fiverr is a huge site full of experts offering their services for a lot less than people are paying on Upwork. Doing arbitrage between these two sites could indeed be a good way to earn money. I just don’t think you need special software to do it.
You see, here’s the thing:
The software is needed to search on Craigslist because Craigslist is all split up into lots of mini sites for each city in the world. Being able to search all Craigslist locations in one go is extremely useful.
There’s just one huge problem – there aren’t enough jobs posted on Craigslist to make this worthwhile.
I think the makers of Arbitrage Underdog realised this, which is why they have added other websites like Upwork. It’s just that the software is not actually required to search all of Upwork in one go. You can do it directly on the Upwork website.
What about the other websites in Arbitrage Underdog?
There are a bunch of other websites AU is able to search, so what results do I get for “logo” when searching on those?
4 results, all of which are asking for volunteers or interns:
Zero results found for “logo”.
Zero results found for “logo”.
27 results found for “logo”, but results don’t contain any indication of date, so there is no way to quickly know which results are the most recent ones.
People Per Hour
677 results for “logo”, but no indication of date, and most of them already have had lots of proposals, so good luck with that!
7 results for “logo”, none of them from the past few days:
117 results for “logo”, but no indication of date posted:
When I checked through some of the jobs, it seems that only the first 2 are actually from the past 24 hours. One of those had already hired someone.
Conclusion: Should You Buy Arbitrage Underdog?
No, don’t bother. The whole selling point of this software is its ability to search all of Craigslist in one go. The problem is, there are actually not very many jobs for things like logo design on Craigslist. You saw my search results. Only 4 relevant recent logo jobs for the entire United States of America!
Compare that to the 76 recent logo jobs found on Upwork and it’s easy to see which website is being used the most. Yes, it’s great that Upwork is included in the Black Label edition of Arbitrage Underdog too, but you can actually search all of Upwork on the Upwork website anyway, so you don’t actually need Arbitrage Underdog to do that.
It’s possible that doing arbitrage between Upwork and Fiverr is a great way to make money. It’s just that you don’t need this extra software to do it.
Anyway, I hope you found my Arbitrage Underdog 5 review helpful. If you have any comments or questions, feel free to post them to the comments section below.
All the best,