I recently subscribed to a service provided by a well known internet marketer, (wont mention names here but you may be able to guess who from the following description) and bought a domain name which has got around 700 inbound links.
This 'service' tells u the amount of back links for a list of expired domain names but it wont tell u the actual domain name until you pay X amount of money. For this particular domain name, it cost me $34 to find out the actual name of the domain and on top of that i have to register it myself with my preferred registrar. By the way this domain is in the poker niche.
Well after I was given the name of the expired domain, I did an inbound link check and ran some Alexa stats and had a look at how the site looked like on Way Back Machine, but only to find out that the website under this domain was 'Under Construction' since Nov 2007. And the 700 over inbound links were the relentless spamming efforts of the previous owner on people's blogs and websites, along with a whole bunch of his other unrelated links as well on each of his spam comments. Not only that, most of them came from one news site and these pages with his spam links are archived cos it was so long ago.
I questioned the owner and I mentioned that there was no SEO value whatsoever, infact in SEO terms it might be bad to link to that site or to start building a site with that domain, and definitely theres zero traffic from all those links.
He very shortly replied, 'Thats pretty much how it works. Especially in poker and pharmaceuticals. Its best to 301 them to your poker site just make sure you are really careful.'
Am I missing something here guys? I know the basics of IM stuff thou not a pro, but I still dont know why I paid $34 for here.
Would appreciate any helpful comments and advice before I contact him again!