thedollarpit.com - Is it a Scam? | Not Recommended

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Pays Per Ad | Min To Cashout | Wait Time $ | Payout Methods |
GPT VARIES UPON TASK | $5
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Upgrade Prices | Referral Program | Accepted Countries | Accounts Deleted After Inactivity ? |
NONE | 3 LEVELS NO Direct Limit | USA, Canada, UK | ? |
Site has been down for weeks. Now all the sudden a message is being displayed "This site has been closed." The forum link still works and loads, yet there is no announcement as to what has happened to the site. We are going to assume this site has been abandoned and will be moved to the Not Recommended List since no investment was was lost, only current account earnings and balances. Site may be considered a possible scam to many due to this loss. There is rumors as to why they site is closed. Might be up for sale:
http://www.gptboycott.com/forum/showthread.php?p=136604
Will update when we know more.
Site History/ Old Review
PROS:
1. Forum - This site does have a forum. Forums are great for communication between members and staff. Members can post payment proofs, get support, and stay updated on changes made to the site. You can find their forum here: http://forums.thedollarpit.com/
2. Paying - They are paying and payment proofs can be found on the forum and throughout the web. We were paid as well:
Here are a few other places where you can view these proofs:
http://forums.thedollarpit.com/index.php?board=6.0
http://www.gptboycott.com/forum/showthread.php?t=22966
http://www.gptboycott.com/forum/showpost.php?p=119388&postcount=103
3. Unlimited Direct Referrals - There are no limits on how many referrals you can have. Great for promoters and those who can refer a lot of people.
4. No Investment required - Some of my readers think that a ptc or gpt site is a great site if you can buy upgrades or referral packages. Although this way of thinking is the exact opposite of what these sites should be. This site has very little risk. All you risk losing is your time. They do not sell or offer upgrades or sell refs.
5. BeenPaid Certified - Certified and has the beenpaid Platinum Seal
http://www.beenpaid.com/award/view.php?id=541
6. Five Star Rating on GPT Review - Receiving many praises and good reviews on GPT Review.
http://gptreview.net/reviews/?view&id=152

CONS:
1. Not for all countries - USA, Canada, and the UK only. Some GPT sites have a difficult time finding advertisers that are willing to target those in other countries. There is no use to have members from other countries to join if there are no offers available to them.
Some Things You Should Know About This Site
- Members prior to June 21st 2010 who have never cashed out on The DollarPit, have two options, you can loose your $3 signup bonus and cashout instantly once you've reached $5 ,or you may keep your $3 signup bonus and cashout at their previous minimum of $10. (Please submit a trouble ticket to let them know what you would like to do).
- 3 levels of referrals: Level 1 = 10%, Level 2 = 5%, Level 3 = 3%
- No Proxy servers. No AOL or NETSCAPE, or your account will be terminated.
- If you have completed an offer on this site or any other site, and were approved, DO NOT complete it again as this will cause your account to be terminated and all your earnings will be forfeited.
- At any time The DollarPit can ask for identification for proof of person before submitting payment. If you do not provide identification your account will be put on hold for an undetermined amount of time.
- You will see some offers Marked **Net 30**. These particular offers will require advertiser verification before those funds may be released. These offers will be paid on Net 30 terms. So if you request your payment for a **Net 30** offer in February they will send that payment no later then March 30th
- If your account information is not accurate at time of payment you will need to update your information and provide photo id before your payment will be processed.
- $3 sign up bonus given at the time your account is opened may not be used for advertising - You agree to this when you open your account by checking a box - If you use your Sign up bonus to open an ad your ad will be deleted and you will not recieve your $3 sign up bonus back
- Site Created on: 25-Apr-09 | Site Launched in May of 2009
- Anti Cheat Links! Be sure to read the links and banners before you click or money will be deducted from your account
Summary:
TheDollarPit is closed without notice. Site didn't have any investment losses but account earnings were lost or not paid out. Site will remain on the Not Recommended List till we know more.
If anyone would like to share their experience that they had with this site, whether it is good or bad, feel free to do so in our comment section at the end of this review.

Please note, the information in the review was posted at the time and date from above. If the site changes its policies, please kindly let us know in the comment section and we will update or change the incorrect information as soon as we can.