Topic: [ANN][ICO][BKB] BetKing Bankroll Token - 465 BTC raised in pre-sale! - page 10. (Read 35683 times)
July 17, 2017, 12:19:10 PM
I congratulate Betking for their successful ICO. Almost a million dollars was gathered. I suppose and should be confident that the amount can be used and is SUFFICIENT to cover all costs to create a successful project such as Betking.
July 17, 2017, 12:07:51 PM
whats happened to the white pepper? i cant find on this forum (nor web site)..
Op or website itself is white paper.(Dean had a reply about this few pages back) Yeah, that's pretty much the case.
July 17, 2017, 11:59:11 AM
whats happened to the white pepper? i cant find on this forum (nor web site)..
Op or website itself is white paper.(Dean had a reply about this few pages back) ICO pre-sale over.
Total raised:
416.05401126 Bitcoin
602.348072322 Ethereum
So around 465.00684512 Bitcoin total or $888,511
Thanks to everyone who took part.
Congrats on successful Pre-ICO Dean. Total raised:
416.05401126 Bitcoin
602.348072322 Ethereum
So around 465.00684512 Bitcoin total or $888,511
Thanks to everyone who took part.
July 17, 2017, 11:54:11 AM
How do you envision the profit sharing aspect of this to work? Is the buyback going to be quarterly or annually? Are you going to require that coins be held for a certain amount of time in order to be eligible for the buyback?
House always wins with casinos.. this could be something big. I just hope there is transparency on ROI for investors.
Any plans to go after the US market?
House always wins with casinos.. this could be something big. I just hope there is transparency on ROI for investors.
Any plans to go after the US market?
Quarterly.
whats happened to the white pepper? i cant find on this forum (nor web site)..
There's no white paper as there's basically no need for that. Dean would be able to elaborate this.
July 17, 2017, 11:53:53 AM
How's the Betking family? How is your business? 
July 17, 2017, 11:51:38 AM
How do you envision the profit sharing aspect of this to work? Is the buyback going to be quarterly or annually? Are you going to require that coins be held for a certain amount of time in order to be eligible for the buyback?
House always wins with casinos.. this could be something big. I just hope there is transparency on ROI for investors.
Any plans to go after the US market?
House always wins with casinos.. this could be something big. I just hope there is transparency on ROI for investors.
Any plans to go after the US market?
July 17, 2017, 11:43:49 AM
whats happened to the white pepper? i cant find on this forum (nor web site)..
July 17, 2017, 10:40:37 AM
ICO pre-sale over.
Total raised:
416.05401126 Bitcoin
602.348072322 Ethereum
So around 465.00684512 Bitcoin total or $888,511
Thanks to everyone who took part.
Total raised:
416.05401126 Bitcoin
602.348072322 Ethereum
So around 465.00684512 Bitcoin total or $888,511
Thanks to everyone who took part.
Well done, Dean. I have updated my thread about this good news.
July 17, 2017, 10:30:40 AM
The buy back price offered by BetKing will be based on the current total bankroll profit.So for example if the price of the token at the end of the crowdsale was $0.014 and the bankroll profit was $1,000,000 then the buy back price would be $0.024 (1,000,000/100,000,000 + 0.014).
Every quarter BetKing will offer to buy back up to 10% of a holders tokens at the current buy back price.
This means at least 90% of the bankroll profit stays within the site each quarter, raising the value of remaining tokens.Every quarter BetKing will offer to buy back up to 10% of a holders tokens at the current buy back price.
Will the tokens that are bought back by BetKing be re-sold again at some point, or are they off the market forever? If they aren't re-sold, the bankroll can only go up from bankroll profit.
They won't be re-sold no.
I will hold them.
I am looking to be listed on exchanges but there's a few more things that need completed before I can make the applications.
Hopefully that will be taken care of by the time the main sale starts.
Hi Dean,
I'm very interested in your re-launch/ico. Could you please go into more detail on the mathematics on future buybacks, after the first one?
How will the buyback price be determined on subsequent quarters - for instance, if the first quarter Betking buys back 5% of the 10% offered, or 5,000,000 BKB - will the next quarter divide the profit by 95,000,000 outstanding BKB? Or will it always be divided by 100,000,000?
Basically, what happens to the re-purchased shares? And how will that affect future profits for the investors?
If Betking is buying back with bankroll profits, will the investors that hold their tokens benefit from doing so?
Thanks,
Dave
I'll forward this question for Dean to answer when he has a chance!
ı see ıco rıse good. ı see lots of sıgnature ın forum. but ın thıs topıc ı see just 29 page. why ıs thıs.
and bounty page stıll doesnt work stabıl. ı cant logın now.
and bounty page stıll doesnt work stabıl. ı cant logın now.
This is an issue that has been around for a while and will be looked into! In the meantime try incognito mode or another browser (and remember to use username to login, not email)
"spam" What does it mean? I am in signature campaign. I write 18 message in this week at forum. But my message looks as spam. Why ?
You made almost every single post on the same day. That's why it's flagged as spam.
July 17, 2017, 10:25:40 AM
if the first quarter Betking buys back 5% of the 10% offered, or 5,000,000 BKB - with then next quarter divide the profit by 95,000,000 outstanding BKB? Or will it always be divided by 100,000,000?
Basically, what happens to the re-purchased shares? And how will that affect future profits for the investors?
Basically, what happens to the re-purchased shares? And how will that affect future profits for the investors?
Surely: when shares are purchased they stop being owned by the seller, and start being owned by the buyer. If Dean buys 5 million shares from investors, Dean will have 5 million more shares than he had before, and so will get an extra 5% of the profit. Investors will get 5% less of the profit, but individual investors who don't sell won't be affected by those who do.
Thank you for trying to answer, but I think you're missing my point.
If the buyback is being purchased from the bankroll profits that all investors share in, but the shares are only going to Dean/Betking - then I see an issue, especially if future profits are still divided by the full 100,000,000 shares.
While the bankroll will be reduced by 5% in this case, all those shares that are bought back are going to Betking and not the remaining investors.
Maybe I'm not understanding, or I'm missing something - hence the reason I'm asking.
Thanks,
Dave
July 17, 2017, 10:17:18 AM
if the first quarter Betking buys back 5% of the 10% offered, or 5,000,000 BKB - with then next quarter divide the profit by 95,000,000 outstanding BKB? Or will it always be divided by 100,000,000?
Basically, what happens to the re-purchased shares? And how will that affect future profits for the investors?
Basically, what happens to the re-purchased shares? And how will that affect future profits for the investors?
Surely: when shares are purchased they stop being owned by the seller, and start being owned by the buyer. If Dean buys 5 million shares from investors, Dean will have 5 million more shares than he had before, and so will get an extra 5% of the profit. Investors will get 5% less of the profit, but individual investors who don't sell won't be affected by those who do.
July 17, 2017, 10:06:25 AM
The buy back price offered by BetKing will be based on the current total bankroll profit.So for example if the price of the token at the end of the crowdsale was $0.014 and the bankroll profit was $1,000,000 then the buy back price would be $0.024 (1,000,000/100,000,000 + 0.014).
Every quarter BetKing will offer to buy back up to 10% of a holders tokens at the current buy back price.
This means at least 90% of the bankroll profit stays within the site each quarter, raising the value of remaining tokens.Every quarter BetKing will offer to buy back up to 10% of a holders tokens at the current buy back price.
Will the tokens that are bought back by BetKing be re-sold again at some point, or are they off the market forever? If they aren't re-sold, the bankroll can only go up from bankroll profit.
They won't be re-sold no.
I will hold them.
I am looking to be listed on exchanges but there's a few more things that need completed before I can make the applications.
Hopefully that will be taken care of by the time the main sale starts.
Hi Dean,
I'm very interested in your re-launch/ico. Could you please go into more detail on the mathematics on future buybacks, after the first one?
How will the buyback price be determined on subsequent quarters - for instance, if the first quarter Betking buys back 5% of the 10% offered, or 5,000,000 BKB - will the next quarter divide the profit by 95,000,000 outstanding BKB? Or will it always be divided by 100,000,000?
Basically, what happens to the re-purchased shares? And how will that affect future profits for the investors?
If Betking is buying back with bankroll profits, will the investors that hold their tokens benefit from doing so?
Thanks,
Dave
July 17, 2017, 07:54:54 AM
I'm wondering whether there are Russian investors, or buyers, because they have a ban on online casinos in Russia, and not only online 
singapore is banned online casino too, but alot of my friend there playing online casino by using VPN, so that is no problem at all, maybe same also with russian friend.
July 17, 2017, 07:45:19 AM
Congratulations BetKing on the Pre-Sale and the funds raised. If the new site is able to build on previous successes and a whole lot more, then nothing else can compete with it in the future. Congrats again
July 17, 2017, 06:34:50 AM
ı see ıco rıse good. ı see lots of sıgnature ın forum. but ın thıs topıc ı see just 29 page. why ıs thıs.
and bounty page stıll doesnt work stabıl. ı cant logın now.
and bounty page stıll doesnt work stabıl. ı cant logın now.
July 17, 2017, 06:00:33 AM
"spam" What does it mean? I am in signature campaign. I write 18 message in this week at forum. But my message looks as spam. Why ?
July 17, 2017, 05:15:55 AM
ICO pre-sale over.
Total raised:
416.05401126 Bitcoin
602.348072322 Ethereum
So around 465.00684512 Bitcoin total or $888,511
Thanks to everyone who took part.
Total raised:
416.05401126 Bitcoin
602.348072322 Ethereum
So around 465.00684512 Bitcoin total or $888,511
Thanks to everyone who took part.
Congrats on this successful pre-sale campaign all early birds would be happy for this nice decision. Soon all early investors will be into great position when this ICO will be open. I believe Betking will provide great services when this casino will go live.
July 17, 2017, 02:19:02 AM
ICO pre-sale over.
Total raised:
416.05401126 Bitcoin
602.348072322 Ethereum
So around 465.00684512 Bitcoin total or $888,511
Thanks to everyone who took part.
Total raised:
416.05401126 Bitcoin
602.348072322 Ethereum
So around 465.00684512 Bitcoin total or $888,511
Thanks to everyone who took part.
nice work dean
i made a tweet about presale final amount.
https://twitter.com/CryptoBetting/status/886846999965835264
you know 3 old crypto gambling sites have gone ico way now
betking
peerbet
bitdice
July 17, 2017, 02:05:56 AM
ICO pre-sale over.
Total raised:
416.05401126 Bitcoin
602.348072322 Ethereum
So around 465.00684512 Bitcoin total or $888,511
Thanks to everyone who took part.
Total raised:
416.05401126 Bitcoin
602.348072322 Ethereum
So around 465.00684512 Bitcoin total or $888,511
Thanks to everyone who took part.
I congratulate Betking for their successful ICO. Almost a million dollars was gathered. I suppose and should be confident that the amount can be used and is SUFFICIENT to cover all costs to create a successful project such as Betking.
The ICO hasn't started yet. This is a pre-sale.
July 17, 2017, 01:08:49 AM
ICO pre-sale over.
Total raised:
416.05401126 Bitcoin
602.348072322 Ethereum
So around 465.00684512 Bitcoin total or $888,511
Thanks to everyone who took part.
Total raised:
416.05401126 Bitcoin
602.348072322 Ethereum
So around 465.00684512 Bitcoin total or $888,511
Thanks to everyone who took part.
I congratulate Betking for their successful ICO. Almost a million dollars was gathered. I suppose and should be confident that the amount can be used and is SUFFICIENT to cover all costs to create a successful project such as Betking.
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