Topic: Best casinos that gives dividends to token holders? - page 3. (Read 1477 times)
Owldao token is doing great in the market compared to BFG token but I'm not saying the BFG token is a weak token, it's just Owldao token has the better performance in the past 30 days since joining the Owl game campaign the price is moving up, I'm still holding all the tokens I've got from my weekly payment so if you are active in gambling and there is an opening in slot better join the campaign and get Owldao token.
If you may, can you complete your investment details by providing detailed profit calculations of your investment aside from the premium membership privilege? I know FUN token but I have a very limited knowledge about since the details can’t be seen without creating an account and login it. There’s a good token like BFG of Betfury that gives daily cashback and interest when you stake on the mining pool. What is the advantage of investing in FUN token to BFG and also how much profit you already have so far for your. 0.01BTC investment?
A lot depends on price in relation to BTC. I bought mine FUNs when the price was 22sat, now it is 28sat. I know some people in the past bought it for 40sat. So, the relation to BTC is one thing.
Another thing is how much tokens you get if you lock them: the range is from 15 days - 5% to 360 days - 25%.
And another thing are benefits you get just from holding FUN (locked or not) - you receive additional free Wheel of Fortune spins (which also could give you BTC), and what is also interesting - increase in interest rate on BTC holding. Base interest rate is 4.18% (which is still not bad for BTC), but if you for example hold 500000 tokens for 180 days it will make the rate increase to 5%. Of course with smaller amounts of FUN and/or shorter periods you receive smaller increase.
So, even if you do not gain just on FUN token price, you gain on:
1) % from locking
2) increased % for BTC
3) freebitco bonuses (like extra spins, no-captcha, etc)
I had like 0.01 Bitcoin spare and I invested all that in FUN tokens by depositing it to Freebitco.in,and as already told here you receive Premium Membership and benefits.Now lately they offer also lock periods,where you lock your tokens for certain amounts of time and you received applied interest on them.I could have deposit into the other casinos mentioned here but I personally believe more in the Freebitco.in management as they have shown during the years they have a rocket stable team and they don't do nasty things like completely reverting a rule they apply (a certain casino comes to my mind but not making names here) so I suggest this to be the best option to invest.It can earn you money but you have to be very patient.
If you may, can you complete your investment details by providing detailed profit calculations of your investment aside from the premium membership privilege? I know FUN token but I have a very limited knowledge about since the details can’t be seen without creating an account and login it. There’s a good token like BFG of Betfury that gives daily cashback and interest when you stake on the mining pool. What is the advantage of investing in FUN token to BFG and also how much profit you already have so far for your. 0.01BTC investment?
I had like 0.01 Bitcoin spare and I invested all that in FUN tokens by depositing it to Freebitco.in,and as already told here you receive Premium Membership and benefits.Now lately they offer also lock periods,where you lock your tokens for certain amounts of time and you received applied interest on them.I could have deposit into the other casinos mentioned here but I personally believe more in the Freebitco.in management as they have shown during the years they have a rocket stable team and they don't do nasty things like completely reverting a rule they apply (a certain casino comes to my mind but not making names here) so I suggest this to be the best option to invest.It can earn you money but you have to be very patient.
I just noticed that the casino that offers dividend is much better since it is not only for investment but some people considered it as a free credits every week. Imagine gambling just for fun and you will receive a weekly credit coming from the dividends but where do you get dividends? by buying coins or wagering? do you think buying tokens for dividends is much better than earning it through wagering?
Withdrawing EOS is free and any amount but the rest has limits.
They were giving away 100Hpoint to new users still afaik. But what you need to receive dividends is Hash tokens. I also have a bethash tokens kept in my account. The token is not available in many exchanges, it's just in this exchange so far since many dex delisted it.
https://alcor.exchange/trade/hash-eoshashcoins_eos-eosio.token
As you can see since the time I staked my Hash tokens, I got about 116EOS. Not really a big amount but I regularly play blackjack and lottery in the casino with the EOS I get.
Wow, the rewards are not too shabby.
Just to clarify, Hpoints is what gives the dividends? What is the point of HASH?
This is probably one of the only instances where people have actually gotten paid more than $100 in dividends for their investment in a casino. How much would each Hpoint/HASH token rake in in dividend revenue per week/month/year on average based on your experience?
Hash tokens are what you stake to get dividends and Hpoints are the tokens that you can use to buy HASH tokens within the casino itself. Dividends is actually distributed every day.
You can always buy HASH on the exchange which currently is worth $0.04. And today 1HASH is worth 26.7036 HPOINT. Back when it first started, 1HASH was worth 7Hpoint. The casino removed the internal exchange but if you go in the mobile version of the website, the internal exchange exists.
Withdrawing EOS is free and any amount but the rest has limits.
They were giving away 100Hpoint to new users still afaik. But what you need to receive dividends is Hash tokens. I also have a bethash tokens kept in my account. The token is not available in many exchanges, it's just in this exchange so far since many dex delisted it.
https://alcor.exchange/trade/hash-eoshashcoins_eos-eosio.token
As you can see since the time I staked my Hash tokens, I got about 116EOS. Not really a big amount but I regularly play blackjack and lottery in the casino with the EOS I get.
Wow, the rewards are not too shabby.
Just to clarify, Hpoints is what gives the dividends? What is the point of HASH?
This is probably one of the only instances where people have actually gotten paid more than $100 in dividends for their investment in a casino. How much would each Hpoint/HASH token rake in in dividend revenue per week/month/year on average based on your experience?
Withdrawing EOS is free and any amount but the rest has limits.
They were giving away 100Hpoint to new users still afaik. But what you need to receive dividends is Hash tokens. I also have a bethash tokens kept in my account. The token is not available in many exchanges, it's just in this exchange so far since many dex delisted it.
https://alcor.exchange/trade/hash-eoshashcoins_eos-eosio.token
As you can see since the time I staked my Hash tokens, I got about 116EOS. Not really a big amount but I regularly play blackjack and lottery in the casino with the EOS I get.
There is an old gambling page that wasnt mentioned here yet - https://bethash.io/. They even have a topic here, but they are not very active there.
I have registered there years ago and received HPoints for registration (they continue to give this bonus even now). I dont remember right now, but I think I have used them to get HASH and stake them. Staking gives daily rewards. Since I did not gamble there, I gont get much. But gamblers get HPoints for wager.
Here are my stats:
Every 2-4 weeks I remember about bethash, open it and claim my rewards.
Did I understand correctly from your story that you did not buy HPoints, but received it only as a reward for registration? I have registered there years ago and received HPoints for registration (they continue to give this bonus even now). I dont remember right now, but I think I have used them to get HASH and stake them. Staking gives daily rewards. Since I did not gamble there, I gont get much. But gamblers get HPoints for wager.
Here are my stats:
Every 2-4 weeks I remember about bethash, open it and claim my rewards.
Is that from your 2-4 weeks? How many tokens are you holding?
I would also like to know the answers to these questions to understand profitability, if you don't mind. Are there any withdrawal restrictions? Like the type of cryptocurrencies and the limit on the amount.
There is an old gambling page that wasnt mentioned here yet - https://bethash.io/. They even have a topic here, but they are not very active there.
I have registered there years ago and received HPoints for registration (they continue to give this bonus even now). I dont remember right now, but I think I have used them to get HASH and stake them. Staking gives daily rewards. Since I did not gamble there, I gont get much. But gamblers get HPoints for wager.
Here are my stats:
Every 2-4 weeks I remember about bethash, open it and claim my rewards.
I have registered there years ago and received HPoints for registration (they continue to give this bonus even now). I dont remember right now, but I think I have used them to get HASH and stake them. Staking gives daily rewards. Since I did not gamble there, I gont get much. But gamblers get HPoints for wager.
Here are my stats:
Every 2-4 weeks I remember about bethash, open it and claim my rewards.
Is that from your 2-4 weeks? How many tokens are you holding?
As far as I know, and as far as my knowledge on stocks and regulations is concerned, giving away dividends to token holders would be considered a security. So the online casino would have to register with the SEC in order to be allowed to offer something like that. And not only do they have to register with the SEC, there is a cornucopia of massive regulatory laws that would need to be considered. Its a lot of work, and to be honest, it probably would get rejected in the end due to not fullfilling certain requirements.
It would be easier to register a security for an IPO.
It would be easier to register a security for an IPO.
Your assumption is that the casino is operating/based out of the US, which is rarely the case given the strict regulations that you mentioned.
I do think that casino dividends are probably a pain in the ass legal wise, but that doesn't mean that people/projects don't actively pursue it.
BetFury is actually quite large as well and they have a very similar system, it's not really equity but it's almost like that.
Well no, I was not assuming that the online casino was based in the USA. Although I see how that misunderstanding happened since I said SEC but should have said register with your own government's process and the governments of the countries you wish to offer the security to. If you for example wish to offer securities to the USA, then you will need to file with the SEC in order to do that.
But if you say the security offer is only for citizens of your own country, then you only need to register with your own government, based on their individual registration process.
I have doubts here, I understand that the SEC acts when it is under the jurisdiction of the USA, but if it is elsewhere, for example, the United Kingdom also covers it? If so, what impact would the licenses that are purchased in a casino have, if they would practically be prohibiting a large number of countries, and taking into account that the majority of countries that prohibit casinos are the ones that they mostly like the most? and they consume everything that has to do with casinos and betting platforms, example: In Venezuela at one time casinos and betting were prohibited, currently the government lifted that restriction and now allows casinos, and they are not doing badly, if the things are like that, what is the point of applying these regulations, if what is sought is to earn money with the games and somehow the players win.
Well, the thing is that pretty much almost every country if not EVERY country has an own version of the SEC or some other regulatory body which is responsible for overseeing securities as well as security offerings. The thing is, without a lawyer who knows the ins and outs and the details of registrations and requirements, having a dividend system for a gambling casino is a one way road to disaster. There's a reason why, for example, ICOs tread very carefully about which countries they sell their tokens to, just in case the tokens are classified as securities. And dividends are 100% a characteristic of securities.
I have registered there years ago and received HPoints for registration (they continue to give this bonus even now). I dont remember right now, but I think I have used them to get HASH and stake them. Staking gives daily rewards. Since I did not gamble there, I gont get much. But gamblers get HPoints for wager.
It is nice that until now you still able to receive your dividends from them I would like to ask if that stats is weekly stats or overall stats? I noticed that dividends lowers as the time goes by since many people are holding now their coin or token to receive dividends so I think dividends is good for earlier year or months or if you wager a lot since you would be able to get more of their coins.
ya.ya.yo!
There is an old gambling page that wasnt mentioned here yet - https://bethash.io/. They even have a topic here, but they are not very active there.
I have registered there years ago and received HPoints for registration (they continue to give this bonus even now). I dont remember right now, but I think I have used them to get HASH and stake them. Staking gives daily rewards. Since I did not gamble there, I gont get much. But gamblers get HPoints for wager.
Here are my stats:
Every 2-4 weeks I remember about bethash, open it and claim my rewards.
I have registered there years ago and received HPoints for registration (they continue to give this bonus even now). I dont remember right now, but I think I have used them to get HASH and stake them. Staking gives daily rewards. Since I did not gamble there, I gont get much. But gamblers get HPoints for wager.
Here are my stats:
Every 2-4 weeks I remember about bethash, open it and claim my rewards.
In terms of development and market presence Fun Token and BFG token leads the pack, the token-based casino is not yet popular but these two are the front liners and innovators so I advise that you go to these two tokens for now, but always keep watch on a new token-based casino if you have serious interest on this type of token.
for how many pages of this thread ? what i find almost every post is the FUN Token is the most and trustable Token to give dividend and I knew this for sure because my brother is also a Holder of FUN.I might be late in investing because i use Binance instead of gambling site to put my funds in making dividends.
In terms of development and market presence Fun Token and BFG token leads the pack, the token-based casino is not yet popular but these two are the front liners and innovators so I advise that you go to these two tokens for now, but always keep watch on a new token-based casino if you have serious interest on this type of token.
I had seen a lot of token-based casinos before especially during the hype of ETH tokens or the ICO to be specific, but where are they now, it's been years already and I still don't see them grow and compete on the leading crypto casinos in the space. Therefore, I think this kind of investment is not really feasible as gamblers would still prefer a conventional casinos and use crypto only as a mode of payment.
During 2017 ICO madness years. Token-based casino is not much appreciated because of the project do this are building casino from scratch and most of them didn’t spend there budget wisely compared to current token-based project which is high appreciated due to the increasing popularity of web3.0 and defi. You can stake tokens to mine on the reward pool right now aside from earning it on each bet made in the casino. The DeFi idea is what makes this kind of project strong and easily attract players to play unlike 2017 casino project which is slow in development and pure of bullshit lies in regards with budget expenses.
In terms of development and market presence Fun Token and BFG token leads the pack, the token-based casino is not yet popular but these two are the front liners and innovators so I advise that you go to these two tokens for now, but always keep watch on a new token-based casino if you have serious interest on this type of token.
I had seen a lot of token-based casinos before especially during the hype of ETH tokens or the ICO to be specific, but where are they now, it's been years already and I still don't see them grow and compete on the leading crypto casinos in the space. Therefore, I think this kind of investment is not really feasible as gamblers would still prefer a conventional casinos and use crypto only as a mode of payment.
As far as I know, and as far as my knowledge on stocks and regulations is concerned, giving away dividends to token holders would be considered a security. So the online casino would have to register with the SEC in order to be allowed to offer something like that. And not only do they have to register with the SEC, there is a cornucopia of massive regulatory laws that would need to be considered. Its a lot of work, and to be honest, it probably would get rejected in the end due to not fullfilling certain requirements.
It would be easier to register a security for an IPO.
It would be easier to register a security for an IPO.
Your assumption is that the casino is operating/based out of the US, which is rarely the case given the strict regulations that you mentioned.
I do think that casino dividends are probably a pain in the ass legal wise, but that doesn't mean that people/projects don't actively pursue it.
BetFury is actually quite large as well and they have a very similar system, it's not really equity but it's almost like that.
Well no, I was not assuming that the online casino was based in the USA. Although I see how that misunderstanding happened since I said SEC but should have said register with your own government's process and the governments of the countries you wish to offer the security to. If you for example wish to offer securities to the USA, then you will need to file with the SEC in order to do that.
But if you say the security offer is only for citizens of your own country, then you only need to register with your own government, based on their individual registration process.
I have doubts here, I understand that the SEC acts when it is under the jurisdiction of the USA, but if it is elsewhere, for example, the United Kingdom also covers it? If so, what impact would the licenses that are purchased in a casino have, if they would practically be prohibiting a large number of countries, and taking into account that the majority of countries that prohibit casinos are the ones that they mostly like the most? and they consume everything that has to do with casinos and betting platforms, example: In Venezuela at one time casinos and betting were prohibited, currently the government lifted that restriction and now allows casinos, and they are not doing badly, if the things are like that, what is the point of applying these regulations, if what is sought is to earn money with the games and somehow the players win.
In terms of development and market presence Fun Token and BFG token leads the pack, the token-based casino is not yet popular but these two are the front liners and innovators so I advise that you go to these two tokens for now, but always keep watch on a new token-based casino if you have serious interest on this type of token.
yes, these two are recognisable casino tokens right now. others are seemingly silent in presence. but in terms of market presence, FUN token is more diverse as it is already listed in binance. on the other hand, BFG is still aiming to be listed in binance, though they have high probability to be listed but still need to work on their liquidity aspect in the current market.
others that are listed by dustboy, seem to be not gaining much attention like LUT or SBET, but CHIPS is also somewhat popular to gamblers here.
I created a list of casino that gives dividends to their token holders as you can find here https://bitcointalksearch.org/topic/crypto-casinos-with-staking-feature-their-own-token-5353217 Sorry in advance as I have not updated for a while, but you can check it as your references or you may give some more information about the casinos with similar feature that are not on the list yet.
That's a good start so please update it. Also add marketcaps and ROI, tokenomics small description/comparison etc. Actually a web page updating this info in real time would be better. With referrals and ads that could be profitable for anyone with skills to do it (hint).
As far as I know, and as far as my knowledge on stocks and regulations is concerned, giving away dividends to token holders would be considered a security. So the online casino would have to register with the SEC in order to be allowed to offer something like that. And not only do they have to register with the SEC, there is a cornucopia of massive regulatory laws that would need to be considered. Its a lot of work, and to be honest, it probably would get rejected in the end due to not fullfilling certain requirements.
It would be easier to register a security for an IPO.
It would be easier to register a security for an IPO.
Yup, i thought so as well, however these casinos just keep existing. I am not sure if they have found a loophole if revenue is automatic and can be considered as normal staking rewards, and obviously tokens aren't sold bought but "mined" so it isn't that obvious as initial offerings of unregulated securities.
As far as I know, and as far as my knowledge on stocks and regulations is concerned, giving away dividends to token holders would be considered a security. So the online casino would have to register with the SEC in order to be allowed to offer something like that. And not only do they have to register with the SEC, there is a cornucopia of massive regulatory laws that would need to be considered. Its a lot of work, and to be honest, it probably would get rejected in the end due to not fullfilling certain requirements.
It would be easier to register a security for an IPO.
It would be easier to register a security for an IPO.
Your assumption is that the casino is operating/based out of the US, which is rarely the case given the strict regulations that you mentioned.
I do think that casino dividends are probably a pain in the ass legal wise, but that doesn't mean that people/projects don't actively pursue it.
BetFury is actually quite large as well and they have a very similar system, it's not really equity but it's almost like that.
Well no, I was not assuming that the online casino was based in the USA. Although I see how that misunderstanding happened since I said SEC but should have said register with your own government's process and the governments of the countries you wish to offer the security to. If you for example wish to offer securities to the USA, then you will need to file with the SEC in order to do that.
But if you say the security offer is only for citizens of your own country, then you only need to register with your own government, based on their individual registration process.
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