I was wondering how stacking distribution works.
If a user has for example 10 000 BFG (BTC) and receives 3000 satoshi daily or $1 roughly. Does the system calculates stacking distribution in such way, so that user will alway have his $1 daily, even if the exchange rate growth?
I've been in bounty campaign and receive rewards twice per month. All the time my stacking payout are around $1/day, even if the bitcoin price grows up. More BFG (BTC) tokens I receive, same dollar equivalent I receive.
I've noticed daily "all payouts" decreases daily. Does it mean people play less, or algorithm recalculated distribution so that users will receive same stacking amount everyday?
Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 386. (Read 85080 times)
January 19, 2021, 04:23:27 AM
January 18, 2021, 11:00:26 PM
@BetFury.io, how do you determine how big are the amounts in the token auctions? Once TRX auction starts with 5 TRX, then another auction is beginning with 50 TRX - where is the logic?
January 18, 2021, 09:08:03 PM
seems that they have huge stash of btc already, so they can very well afford to pay bitcoin. but i dont think they will do so. i believe they already attracted nice amount of players on their site. and one important feature is their staking feature, where players can get those 5 coins by staking their bfg tokens. but anyhow, let's see what is the next plan of BFG team here...
waiting to see their gambling license logo also..
Betfury has taken the gambling industry by storm Duelbits and Betfury is two of the most exciting sites to play this holiday because of the contest, they should not stop and go on what they are doing best, with Betfury's staking site, expect many more gambling sites will imitate this feature, they are on time introducing the staking feature the bull run is on and many people are on the accumulation.
I very much agree with you, I really love these sites, it feels like home to play on those sites, Duelbits in the forum has so many contests, so many opportunities as well as Betfury, Betfury has the option of Faucet, opportunity to continue earning tokens, this system is actually excellent, particularly it is something spectacular.
January 18, 2021, 08:59:14 PM
I also noticed the decrease, if this continues it's more likely that people will opt for auction instead of staking their BFG token, now I'm looking forward to getting the token listed in the major exchanges, so members will have more options with their BFG Token, to sell or buy more BFG token, and they should keep up with the promotion since the last one ended and maybe this time pay with Bitcoin and limit the participants like all the other gambling campaigns,
The auction can be interesting but you need to have a lot of luck. Especially for the BTC auction, some people bet crazy amounts (over 5000 tokens) to win...
Put your hands up!
This is robbery!
Just kidding. I hope they process my withdrawal quickly. Because I only play on Live Casino Evolution Gaming.
Still waiting and getting a little pissed off.
-snip
These are huge amounts, so it is logic that it would take some time (3-4 days), but 1 week is already long. Are you required to fullfill KYC?
What does their support say?
January 18, 2021, 06:45:35 PM
Put your hands up!
This is robbery!
Just kidding. I hope they process my withdrawal quickly. Because I only play on Live Casino Evolution Gaming.
Still waiting and getting a little pissed off.
Not all big players will be happy if they have to wait more than 1 week of their hard work.
The flow is like this:
1. Big player deposit 1 BTC
2. Win 4.5 BTC
3. Withdraw 4 BTC
4. Playing with their 0.5 BTC while waiting withdrawals
5. Getting upset and find alternative casino
6. Betfury chances of getting money back from big players are low
So, anyone over at Betfury who has the idea to "Hold big draws for more than 1 week" is just plain stupid.
Come on, find a better way.
You can hire a professional to check the betting history of those who won big.
We can see it from your staking pool page. Those big wins aren't every day.
January 18, 2021, 01:35:36 AM
seems that they have huge stash of btc already, so they can very well afford to pay bitcoin. but i dont think they will do so. i believe they already attracted nice amount of players on their site. and one important feature is their staking feature, where players can get those 5 coins by staking their bfg tokens. but anyhow, let's see what is the next plan of BFG team here...
waiting to see their gambling license logo also..
Betfury has taken the gambling industry by storm Duelbits and Betfury is two of the most exciting sites to play this holiday because of the contest, they should not stop and go on what they are doing best, with Betfury's staking site, expect many more gambling sites will imitate this feature, they are on time introducing the staking feature the bull run is on and many people are on the accumulation.
January 17, 2021, 06:22:05 PM
So someone please explain the fuzzy logic to me. Over the past 30 days total BFG staked has risen by about 20%, total Bitcoin distributed daily has decreased by about 33% and individual Bitcoin daily payout has decreased by about 45%. Had high hopes for this but not looking good from what I see.
Not all of the BFG staked came from gambling. A lot of people got tokens from participating in the bounty campaign. The amount distributed has gone down because wagering volume for BTC has decreased. More people staking tokens and lower volume would mean that individual payout would decrease.
I also noticed the decrease, if this continues it's more likely that people will opt for auction instead of staking their BFG token, now I'm looking forward to getting the token listed in the major exchanges, so members will have more options with their BFG Token, to sell or buy more BFG token, and they should keep up with the promotion since the last one ended and maybe this time pay with Bitcoin and limit the participants like all the other gambling campaigns,
seems that they have huge stash of btc already, so they can very well afford to pay bitcoin. but i dont think they will do so. i believe they already attracted nice amount of players on their site. and one important feature is their staking feature, where players can get those 5 coins by staking their bfg tokens. but anyhow, let's see what is the next plan of BFG team here...
waiting to see their gambling license logo also..
January 17, 2021, 05:34:13 PM
So someone please explain the fuzzy logic to me. Over the past 30 days total BFG staked has risen by about 20%, total Bitcoin distributed daily has decreased by about 33% and individual Bitcoin daily payout has decreased by about 45%. Had high hopes for this but not looking good from what I see.
Not all of the BFG staked came from gambling. A lot of people got tokens from participating in the bounty campaign. The amount distributed has gone down because wagering volume for BTC has decreased. More people staking tokens and lower volume would mean that individual payout would decrease.
I also noticed the decrease, if this continues it's more likely that people will opt for auction instead of staking their BFG token, now I'm looking forward to getting the token listed in the major exchanges, so members will have more options with their BFG Token, to sell or buy more BFG token, and they should keep up with the promotion since the last one ended and maybe this time pay with Bitcoin and limit the participants like all the other gambling campaigns,
January 16, 2021, 10:01:42 PM
So someone please explain the fuzzy logic to me. Over the past 30 days total BFG staked has risen by about 20%, total Bitcoin distributed daily has decreased by about 33% and individual Bitcoin daily payout has decreased by about 45%. Had high hopes for this but not looking good from what I see.
Not all of the BFG staked came from gambling. A lot of people got tokens from participating in the bounty campaign. The amount distributed has gone down because wagering volume for BTC has decreased. More people staking tokens and lower volume would mean that individual payout would decrease.
January 16, 2021, 06:31:16 PM
So someone please explain the fuzzy logic to me. Over the past 30 days total BFG staked has risen by about 20%, total Bitcoin distributed daily has decreased by about 33% and individual Bitcoin daily payout has decreased by about 45%. Had high hopes for this but not looking good from what I see.
Where do you think daily dividends are taken from?Was there a decreased in total wagers that led to the decrease in the dividends pool?
You can check their daily report.
It's also possible gamblers moved from BTC wagers to other coins like TRX. They are currently running a promo for ETH so expect dividends in bitcoin to be reduced in the coming days. Your daily payout will continue to decrease if you do not increase your BFG tokens since there are more and more holders as you said.
I noticed that also, the number of bitcoins in their staking pool is lowered down from 100+ BTCs to 80+ now. But I don't know if some people are really into other coin, the TRX. Or players are reducing? But still, that number of btc is still large for this casino. I am interested how much their tokens will be valued once they hit the exchanges? So far, there's no news about it.
Even though the numbers of bitcoin they distribute everyday has dropped, the amount in USD is still the same. With the recent addition of ETH, I think some players will move to that coin (they also launched a new promotion around ETH).
Regarding the value for the tokens when they hit an exchange, nobody really knows it. I think they are first working on getting their license before listing their tokens.
If they list those Tokens it will be interesting, because I have seen that many are accumulating, and the more dividends the better, this makes those who think to sell think a lot before doing so, because it would be to stop receiving good amounts of coins. I particularly think that Betfury thought it through, because with this strategy they will prevent massive dumps.
January 16, 2021, 06:25:36 PM
So someone please explain the fuzzy logic to me. Over the past 30 days total BFG staked has risen by about 20%, total Bitcoin distributed daily has decreased by about 33% and individual Bitcoin daily payout has decreased by about 45%. Had high hopes for this but not looking good from what I see.
Where do you think daily dividends are taken from?Was there a decreased in total wagers that led to the decrease in the dividends pool?
You can check their daily report.
It's also possible gamblers moved from BTC wagers to other coins like TRX. They are currently running a promo for ETH so expect dividends in bitcoin to be reduced in the coming days. Your daily payout will continue to decrease if you do not increase your BFG tokens since there are more and more holders as you said.
I noticed that also, the number of bitcoins in their staking pool is lowered down from 100+ BTCs to 80+ now. But I don't know if some people are really into other coin, the TRX. Or players are reducing? But still, that number of btc is still large for this casino. I am interested how much their tokens will be valued once they hit the exchanges? So far, there's no news about it.
Even though the numbers of bitcoin they distribute everyday has dropped, the amount in USD is still the same. With the recent addition of ETH, I think some players will move to that coin (they also launched a new promotion around ETH).
Regarding the value for the tokens when they hit an exchange, nobody really knows it. I think they are first working on getting their license before listing their tokens.
January 16, 2021, 05:34:57 PM
So someone please explain the fuzzy logic to me. Over the past 30 days total BFG staked has risen by about 20%, total Bitcoin distributed daily has decreased by about 33% and individual Bitcoin daily payout has decreased by about 45%. Had high hopes for this but not looking good from what I see.
Where do you think daily dividends are taken from?Was there a decreased in total wagers that led to the decrease in the dividends pool?
You can check their daily report.
It's also possible gamblers moved from BTC wagers to other coins like TRX. They are currently running a promo for ETH so expect dividends in bitcoin to be reduced in the coming days. Your daily payout will continue to decrease if you do not increase your BFG tokens since there are more and more holders as you said.
I noticed that also, the number of bitcoins in their staking pool is lowered down from 100+ BTCs to 80+ now. But I don't know if some people are really into other coin, the TRX. Or players are reducing? But still, that number of btc is still large for this casino. I am interested how much their tokens will be valued once they hit the exchanges? So far, there's no news about it.
January 16, 2021, 05:29:28 PM
How low do you think the btc dividends go before they start to rise again with the burning effect?
We have almost mined half bfg soon, so we have half to go, meaning there will be -50% dividends at the end of this because of dilution unless they find more active players. And btc probably peaks before all the BFG tokens are mined (4 year cycles). And we have to count the possibility that btc will rise a lot.
My guess is that players will keep playing same amounts in dollars but less in bitcoins and rising altcoins. What do you guys think?
We have almost mined half bfg soon, so we have half to go, meaning there will be -50% dividends at the end of this because of dilution unless they find more active players. And btc probably peaks before all the BFG tokens are mined (4 year cycles). And we have to count the possibility that btc will rise a lot.
My guess is that players will keep playing same amounts in dollars but less in bitcoins and rising altcoins. What do you guys think?
January 15, 2021, 04:27:33 AM
So someone please explain the fuzzy logic to me. Over the past 30 days total BFG staked has risen by about 20%, total Bitcoin distributed daily has decreased by about 33% and individual Bitcoin daily payout has decreased by about 45%. Had high hopes for this but not looking good from what I see.
Where do you think daily dividends are taken from?Was there a decreased in total wagers that led to the decrease in the dividends pool?
You can check their daily report.
It's also possible gamblers moved from BTC wagers to other coins like TRX. They are currently running a promo for ETH so expect dividends in bitcoin to be reduced in the coming days. Your daily payout will continue to decrease if you do not increase your BFG tokens since there are more and more holders as you said.
As I said in some previous posts here, my daily payouts were + 1000 TRX... now I have more tokens, but I get 30-40 TRX... I didn't continuously play! From time to time divsd payout are going down, and I think this recent drop is due to their bounty, new year promotions... they distributed a lot of tokens, both BTC and TRX...and all those tokens are put to work! So this is something we could expect to happen!
Nice Ethereum Festival with nice prize pool! I didn't try to play on Betfury with ETH, but looks like it's a great time for that! Good luck people!
January 15, 2021, 12:00:48 AM
So someone please explain the fuzzy logic to me. Over the past 30 days total BFG staked has risen by about 20%, total Bitcoin distributed daily has decreased by about 33% and individual Bitcoin daily payout has decreased by about 45%. Had high hopes for this but not looking good from what I see.
Where do you think daily dividends are taken from?Was there a decreased in total wagers that led to the decrease in the dividends pool?
You can check their daily report.
It's also possible gamblers moved from BTC wagers to other coins like TRX. They are currently running a promo for ETH so expect dividends in bitcoin to be reduced in the coming days. Your daily payout will continue to decrease if you do not increase your BFG tokens since there are more and more holders as you said.
January 14, 2021, 10:27:00 PM
So someone please explain the fuzzy logic to me. Over the past 30 days total BFG staked has risen by about 20%, total Bitcoin distributed daily has decreased by about 33% and individual Bitcoin daily payout has decreased by about 45%. Had high hopes for this but not looking good from what I see.
January 14, 2021, 05:52:55 PM
Put your hands up!
This is robbery!
Just kidding. I hope they process my withdrawal quickly. Because I only play on Live Casino Evolution Gaming.
As I said early, Betfury set a very low fee for withdrawing ethereum, and it looks that 0.003 eth isn't enough to confirm your transactions in a short time, considering that the average gas price is ~35/50 gwei right now. This is robbery!
Just kidding. I hope they process my withdrawal quickly. Because I only play on Live Casino Evolution Gaming.
January 14, 2021, 04:15:20 AM
Put your hands up!
This is robbery!
Just kidding. I hope they process my withdrawal quickly. Because I only play on Live Casino Evolution Gaming.
This is robbery!
Just kidding. I hope they process my withdrawal quickly. Because I only play on Live Casino Evolution Gaming.
That was some pretty decent profit, I tried to play on the the Live casino too at first I was good at it but you might not know what happened and your luck must come to an end, anyway I'm planning to deposit again to win.
January 14, 2021, 01:12:28 AM
Put your hands up!
This is robbery!
Just kidding. I hope they process my withdrawal quickly. Because I only play on Live Casino Evolution Gaming.
January 13, 2021, 11:18:52 PM
....and soon when it hit the market you can sell it, it's like hitting two birds with one stone a new concept where you are not going to lose.
.....but if you are playing for the sake of getting the tokens ( burning your currency ) then you have tons to lose , pretty much all other sites that shares the same concept ended up listing for much cheaper price than mining costs.....
Betfury probably saw a slow adoption of ETH integration so they are pushing it with all types of promotion right now. Nobody wanted to deposit a coin with a minimum of $5 transaction fee hehe.
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