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Topic: [ANN] BetKing.io ICO - Bitcoin Gambling website - 581.4 BTC raised so far - page 9. (Read 29758 times)

legendary
Activity: 1400
Merit: 1021
Latest news:

Spoke with my lawyer a few days ago and the plan would be to setup a new company in a jurisdiction that doesn't require all shareholders to be listed. Like how ICONAMI and Intellisys Capital do.

Your BetKing account will show your number of shares you own on the BetKing website which you can trade with other people on the BetKing website.

When it is time to pay dividends Bitcoin will be added to you BetKing account.

This seems the fastest, easiest and most secure way to set this up at this time.

Maybe in future we can do an alt coin and you would receive the amount of coins equal to the shares you own in your BetKing account but that's not the plan right now.

Total invested sitting at 581.4 Bitcoin

Last few days for your 5% bonus.

Thanks
legendary
Activity: 1400
Merit: 1021
There is still a lot of ambiguity here. how much is the bankroll after ICO? How much of the funds go towards development (sportsbook, poker?) and marketing?



It already means the coins are mine due to the fact that it is the company you are buying a share of from me.

Eh? The coins belong to the company. OP and all your (other) statements clearly imply this.

Shares:
BetKing will create 100,000,000 tokens (100 million) to represent 100% shares of BetKing.
No new tokens will be created.

30,000,000 (30%) of these tokens will be distributed to investors at the end of the ICO.



How are there so many uneducated people in here?

Depressing, isn't it!

Yep Grin



Not very professional no, but neither are people like RichGang are they? I should also not post when I first wake up Smiley

RichGang isn't doing an ICO.

I've explained this already but here goes.

The full amount raised will be used for bankroll. 2000 coins in the bankroll if target is met. 1-2x kelly seems reasonable for a 20-40 Bitcoin max bet.

When we pay for anything else like marketing, server etc that comes out of the bankroll. Any profit/loss on dice game gets added/subtracted from bankroll.

There isn't a clear marketing/dev plan yet as it depends on how much is raised and what we decide to prioritise first.

I said mine yes, in reference to RichGangs scam accusations because I could have legitimately listed the ICO as me taking 2000 Bitcoin, paying myself all of it for the troubles and work so far and then everyone else gets dividends off an already successful business.
However I stated that it would be used as capital instead in the company, of which I own 70% of.
legendary
Activity: 1400
Merit: 1021
581.4 invested.
Still time to get the 5% bonus shares if you invest before Wednesday.

full member
Activity: 140
Merit: 100
Just a question - the stats you have on the front post:

397,500 Bitcoin wagered
7258 Bitcoin profit
353,000,000 bets

None of those match up with the stats you released on a monthly basis?

I count:
274,110 Bitcoin Wagered
6,308 Bitcoin Profit
336,077,409 Bets placed

Obviously some of that can be excused by having an incomplete December, but that's off by as much as 28% on some stuff? What's going on here?

I asked NLNico from dicesites.com for to send those stats quickly as I would need to check old databases.

I don't know if he has complete stats or not.
Also his stats went back to some point in november 2014. The main stats I posted would be from june 2014





Ah, ok, that would explain it. Thanks!
legendary
Activity: 1400
Merit: 1021
Just a question - the stats you have on the front post:

397,500 Bitcoin wagered
7258 Bitcoin profit
353,000,000 bets

None of those match up with the stats you released on a monthly basis?

I count:
274,110 Bitcoin Wagered
6,308 Bitcoin Profit
336,077,409 Bets placed

Obviously some of that can be excused by having an incomplete December, but that's off by as much as 28% on some stuff? What's going on here?

I asked NLNico from dicesites.com for to send those stats quickly as I would need to check old databases.

I don't know if he has complete stats or not.
Also his stats went back to some point in november 2014. The main stats I posted would be from june 2014



full member
Activity: 140
Merit: 100
Just a question - the stats you have on the front post:

397,500 Bitcoin wagered
7258 Bitcoin profit
353,000,000 bets

None of those match up with the stats you released on a monthly basis?

I count:
274,110 Bitcoin Wagered
6,308 Bitcoin Profit
336,077,409 Bets placed

Obviously some of that can be excused by having an incomplete December, but that's off by as much as 28% on some stuff? What's going on here?
member
Activity: 89
Merit: 10
Your Friend
There is still a lot of ambiguity here. how much is the bankroll after ICO? How much of the funds go towards development (sportsbook, poker?) and marketing?

I totally agree, can you answer this questions @BetKing.io please?
sr. member
Activity: 626
Merit: 252
There is still a lot of ambiguity here. how much is the bankroll after ICO? How much of the funds go towards development (sportsbook, poker?) and marketing?



It already means the coins are mine due to the fact that it is the company you are buying a share of from me.

Eh? The coins belong to the company. OP and all your (other) statements clearly imply this.

Shares:
BetKing will create 100,000,000 tokens (100 million) to represent 100% shares of BetKing.
No new tokens will be created.

30,000,000 (30%) of these tokens will be distributed to investors at the end of the ICO.



How are there so many uneducated people in here?

Depressing, isn't it!

Yep Grin



Not very professional no, but neither are people like RichGang are they? I should also not post when I first wake up Smiley

RichGang isn't doing an ICO.
he will always ignore intelligent questions.  he replies to only senseless questions. dean is a joke. i pity people that are already falling for this shyt
hero member
Activity: 658
Merit: 500
almost all the ICO held a bounty, what makes betking.io not also held a signature campaign to ICO


BetKing did held signature campaign but it closed early, I think during the first week of the ICO. It was very rewarding.
full member
Activity: 178
Merit: 100
When will the ico finish?
If you haven't even reached the third line of the first post I doubt the answer may have any interest to you.
newbie
Activity: 16
Merit: 0
what is the minimum investment? 
newbie
Activity: 11
Merit: 0
When will the ico finish?
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
There is still a lot of ambiguity here. how much is the bankroll after ICO? How much of the funds go towards development (sportsbook, poker?) and marketing?



It already means the coins are mine due to the fact that it is the company you are buying a share of from me.

Eh? The coins belong to the company. OP and all your (other) statements clearly imply this.

Shares:
BetKing will create 100,000,000 tokens (100 million) to represent 100% shares of BetKing.
No new tokens will be created.

30,000,000 (30%) of these tokens will be distributed to investors at the end of the ICO.



How are there so many uneducated people in here?

Depressing, isn't it!

Yep Grin



Not very professional no, but neither are people like RichGang are they? I should also not post when I first wake up Smiley

RichGang isn't doing an ICO.
full member
Activity: 210
Merit: 100
hero member
Activity: 616
Merit: 500
this looks like a good project
full member
Activity: 210
Merit: 100
I would then pput the remaining 15% on an exchange.

Can you say anything about the price you would be willing to sell the remaining shares at?

Can you promise never to offer them for less than 0.00006666 BTC each (your current asking price)? Or might you consider selling them cheaper if you can't shift them at that price?

I would not be putting them cheaper no.
I would put them at the same price as the asking here.

But what if the price of bitcoin in usd flew to the moon. then you would have to lower the cost in btc wouldn't you.
full member
Activity: 178
Merit: 100
We are still waiting to know how such stocks / altcoins / tokens will be negotiated
This is answered in the OP:
The decision will be made and implemented before the end of the ICO
That's why I'm asking: since the ICO has started, we are now incontrovertibly "before the end of the ICO". One may still argue that even before the start of the ICO we might have been "before the end of the ICO", but I'll leave that argument to more educated readers.
sr. member
Activity: 1918
Merit: 268
20BET - Premium Casino & Sportsbook
almost all the ICO held a bounty, what makes betking.io not also held a signature campaign to ICO
hero member
Activity: 518
Merit: 500
Another casino is shutting down Heypoker.
sr. member
Activity: 588
Merit: 252
This is a profitable business, I'm not sure why the BTC funding has not hit 4 figure yet

I think investors reaction to ICO have changed, if this project was to be launched four months ago, they ICO would be over subscribe to.
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