I came across MyLot.com one day when I was looking for sites to add to my online writing repertoire’. I wasn’t looking to become a millionaire from writing at MyLot, just maybe an extra $100 a month and I would be satisfied.
Upon joining the site, I immediately realized that it wasn’t structured quite the way I had thought it would be, because I was under the impression that all “paid to write” sites would be structured more similarly to the sites that I was used to, like Helium and Associated Content. What I found however was a site that was essentially a message board that pays its members to interact on the site by starting and replying to discussions.
The site didn’t say how much each discussion would pay, but, I eagerly because typing my little fingers off. I started discussions, I answered questions, I gave my opinion, and I was on a role. I typed pretty much non-stop for 3 hours.
Because the site only posts earnings every 24 hours, I had to wait until the next day to see how much my writing had paid off. Considering I can easily earn 10 to 20 dollars in 3 hours at Helium, I figured I was good to go.
Unfortunately, I was wrong. When my earnings were finally posted, I was beyond disappointed to learn that I had made a whopping $0.22. What a waste. By the rate I was going, it would take forever just to reach the $10 payout.
After my lackluster earnings, I began doing a more extensive search on MyLot. I wanted to know how anyone could claim to make $10 a month, let alone hundreds of dollars a month with the site without spending all their time there. From my research, I learned that the key to earning money with MyLot is through referrals. For each person that signs up through another users account, the referrer will earn 25% of their referrals earnings. So, if your referral makes $10 a month, you will earn $2.50 for doing absolutely nothing.
I’m sure the referral system works out well for many people because there clearly are some loyal MyLotters that contribute to the site, and I know they have to be making more than $0.22 a day. But baiting friends to join a site that in my opinion is a waste of time is not something that I would ever do, especially considering that I can easily recommend them to sites where they really can earn a few hundred dollars a month writing without the whole gimmick factor that MyLot presents.
Will I continue writing at MyLot? Yes. But, I am only going to continue until I reach my $10 threshold, and then I will promptly close my account. But at the rate I’m going, that may be a whole year or more from now because one month after joining, I now have $0.32.
In conclusion, I wouldn’t go as far as saying MyLot is a scam, but if you are looking to make anything more than a dollar or two a week, don’t waste your time.