bet who?
Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 56. (Read 84943 times)
November 23, 2023, 02:19:51 AM
November 23, 2023, 01:12:52 AM
I just don't understand why APR on flexible pool type is 30% and 27% on fixed-term 365 days term for USDT, this is probably a typo because calculator calculates differently.
Flexible staking has tiered APRs that depend on how many tokens a user has staked. For example, if you decide to stake from 0 to 250 usdt, the APR will be 30%. However, if you stake from 251 to 1000 usdt, the APR will be 20%, i.e. the more usdt you have staked, the lower the APR will be, down to 10%. So, there is most likely not a typo but a marketing ploy to attract more users' attention.
November 22, 2023, 03:18:40 PM
I think one of the main problems is that they are quiet about the development of the tokens (no roadmap,…). In my eyes, the mining should never have stopped so early, in that way the team had a lot more team to think about what doing next with the tokens is mining is finished.
They quiet because maybe for now they have nothing to show that's why they keep silent regarding on the token development and try to bury that discussions by launching some new promotions intended for their casino. But it seems what they do is not effective still many people are so eager to talk about BFG development since maybe they are still holding it and want to see dev doing some nice action unto this token. Maybe if they are open to answer all question related to their token provably many people could understand their current situation. But they leave other no choice since no clear explanation about it so there would be a discussion would pop up since many still want to know what's happening to their token.
" and they will get mad.This system is very difficult for them, it's great for the gambler because you get two things all at the same time, and we get to complain about anything we want, but it is hard for the team, after all you can't put the exact same effort into it, there is a big difference and that is why I believe that it is not going to be the same. Team will need to take a breather, they will need to stop everything for a while, and just look at what they have and make a new plan, because otherwise they are going to get burned out from working so hard to make them both work at the same time.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
November 22, 2023, 03:07:45 PM
I didn't realize they have introduced crypto staking, but the rates... 60% sounds kinda far-fetched
At first glance, 60% APR sounds good. However, if you check the terms of the new steaking program, you will find that this APR can only be obtained by locking assets for 1 year and choosing pool type Fixed-Term, which implies mandatory wagering. For example, if you decide to stake 1k usdt on Betfury, you will have to wager at least 6k usdt every month to get those 60% APR. Now that's not so attractive, is it?
Wagering requirement does not look so unbelievable and hard to achieve, as you can deposit 6k and there are plenty ways to make a bet with 1.01 odd and withdraw it. Wagering requirement is a least of the problem. The fact that you have to freeze asset for 1 year is the main problem here, as casinos life cycle isnt as reliable as exchange or banks life cycle. Probability that casino could go bankrupt after someone wins jackpot is higher than bank goes bankrupt or exchange got hacked.
I can tell you for sure that, there are gamblers who can sit down for several hours playing one or different gambling games, and they do this everyday, and yet, are never addicted to gambling, I myself is a testimony to this fact. I can sit and play casinos games for hours without a burnout, and no addiction as well.
But there are gamblers who only played for few days and we could already see the signs of addiction in such a player.
So, people differs, attitude and approach towards gambling is what either causes the player to get addict or not.
November 22, 2023, 01:49:22 PM
I didn't realize they have introduced crypto staking, but the rates... 60% sounds kinda far-fetched
At first glance, 60% APR sounds good. However, if you check the terms of the new steaking program, you will find that this APR can only be obtained by locking assets for 1 year and choosing pool type Fixed-Term, which implies mandatory wagering. For example, if you decide to stake 1k usdt on Betfury, you will have to wager at least 6k usdt every month to get those 60% APR. Now that's not so attractive, is it?
Wagering requirement does not look so unbelievable and hard to achieve, as you can deposit 6k and there are plenty ways to make a bet with 1.01 odd and withdraw it. Wagering requirement is a least of the problem. The fact that you have to freeze asset for 1 year is the main problem here, as casinos life cycle isnt as reliable as exchange or banks life cycle. Probability that casino could go bankrupt after someone wins jackpot is higher than bank goes bankrupt or exchange got hacked.
November 22, 2023, 08:10:07 AM
bet who?
https://sshortly.net/SyJLCV
https://sshortly.net/SyJLCV
November 22, 2023, 07:00:03 AM
I didn't realize they have introduced crypto staking, but the rates... 60% sounds kinda far-fetched
At first glance, 60% APR sounds good. However, if you check the terms of the new steaking program, you will find that this APR can only be obtained by locking assets for 1 year and choosing pool type Fixed-Term, which implies mandatory wagering. For example, if you decide to stake 1k usdt on Betfury, you will have to wager at least 6k usdt every month to get those 60% APR. Now that's not so attractive, is it?
Wagering requirement does not look so unbelievable and hard to achieve, as you can deposit 6k and there are plenty ways to make a bet with 1.01 odd and withdraw it. Wagering requirement is a least of the problem. The fact that you have to freeze asset for 1 year is the main problem here, as casinos life cycle isnt as reliable as exchange or banks life cycle. Probability that casino could go bankrupt after someone wins jackpot is higher than bank goes bankrupt or exchange got hacked.
Wagering requirement is really low for yearly 60% benefit. I think that risk is higher for the casino compared to user. Even without wagering requirements, their fixed-term plan that doesn't require wagering, still offers up to 27% reward a year for staked USDT, that's insanse. I hope this casino doesn't plan to scam people because this is the superior way to collect money immediately on their platform but reward looks unbelievable and financially super risky.I just don't understand why APR on flexible pool type is 30% and 27% on fixed-term 365 days term for USDT, this is probably a typo because calculator calculates differently.
November 22, 2023, 03:54:23 AM
I didn't realize they have introduced crypto staking, but the rates... 60% sounds kinda far-fetched
At first glance, 60% APR sounds good. However, if you check the terms of the new steaking program, you will find that this APR can only be obtained by locking assets for 1 year and choosing pool type Fixed-Term, which implies mandatory wagering. For example, if you decide to stake 1k usdt on Betfury, you will have to wager at least 6k usdt every month to get those 60% APR. Now that's not so attractive, is it?
Wagering requirement does not look so unbelievable and hard to achieve, as you can deposit 6k and there are plenty ways to make a bet with 1.01 odd and withdraw it. Wagering requirement is a least of the problem. The fact that you have to freeze asset for 1 year is the main problem here, as casinos life cycle isnt as reliable as exchange or banks life cycle. Probability that casino could go bankrupt after someone wins jackpot is higher than bank goes bankrupt or exchange got hacked.
November 22, 2023, 03:29:36 AM
I didn't realize they have introduced crypto staking, but the rates... 60% sounds kinda far-fetched
At first glance, 60% APR sounds good. However, if you check the terms of the new steaking program, you will find that this APR can only be obtained by locking assets for 1 year and choosing pool type Fixed-Term, which implies mandatory wagering. For example, if you decide to stake 1k usdt on Betfury, you will have to wager at least 6k usdt every month to get those 60% APR. Now that's not so attractive, is it?
If you are not careful reading on the details you would provably say that 60% APR is really good but after you read it with proper understanding for sure you will get disappointed with the conditions asked, also locking it for one year is really crazy decision to take since for me everything in crypto is risky and would don't have trust on any programs that lock our funds for one year since anything could happen at that time then we can't get anything if the platform do this got hack or turn into a scam site.
For me this is not good implementation so its up for other to take a risk and try what offers they have to their community members. For sure many will get disappointed on this since they didn't ask this and people are looking a price action to happen for their token.
November 21, 2023, 09:47:17 PM
I didn't realize they have introduced crypto staking, but the rates... 60% sounds kinda far-fetched
At first glance, 60% APR sounds good. However, if you check the terms of the new steaking program, you will find that this APR can only be obtained by locking assets for 1 year and choosing pool type Fixed-Term, which implies mandatory wagering. For example, if you decide to stake 1k usdt on Betfury, you will have to wager at least 6k usdt every month to get those 60% APR. Now that's not so attractive, is it?
November 21, 2023, 07:34:45 PM
I didn't realize they have introduced crypto staking, but the rates... 60% sounds kinda far-fetched
Lolz 😂,This is indeed too far-fetched, first, it's kind of fishy they offer flexible staking on their own token, BFG, and offer a fixed staking on high demand coins like bitcoin, usdt and Ethereum, and not even a short fixed staking like 15 to 30 days, but a whole 365 days
, only a very foolish person will lock their usdt, btc or eth on a centralized gambling casino for 365 days in the name of earning 60 percent annual interest.Though personally, I feel that the 60 percent rate is even high enough and is too good to be true, it is still not enough reason for anyone to risk their bitcoin, usdt or Ethereum for 365 days, I would try this staking program at all.
If they offer flexible staking on BFG, why cant they offer same flexible staking on bitcoin, usdt and Ethereum as well, very suspicious move to be honest.
Didn't check it before, but 60% on BTC and ETH is way too good to be true and I wouldn't also lock mine for a year. A bit weird to see this percentages as on their token, they only offer 32%. I wonder how many people will use this staking system?!
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
November 21, 2023, 11:49:38 AM
I didn't realize they have introduced crypto staking, but the rates... 60% sounds kinda far-fetched
Lolz 😂,This is indeed too far-fetched, first, it's kind of fishy they offer flexible staking on their own token, BFG, and offer a fixed staking on high demand coins like bitcoin, usdt and Ethereum, and not even a short fixed staking like 15 to 30 days, but a whole 365 days
, only a very foolish person will lock their usdt, btc or eth on a centralized gambling casino for 365 days in the name of earning 60 percent annual interest.Though personally, I feel that the 60 percent rate is even high enough and is too good to be true, it is still not enough reason for anyone to risk their bitcoin, usdt or Ethereum for 365 days, I would try this staking program at all.
If they offer flexible staking on BFG, why cant they offer same flexible staking on bitcoin, usdt and Ethereum as well, very suspicious move to be honest.
November 21, 2023, 11:30:31 AM
I didn't realize they have introduced crypto staking, but the rates... 60% sounds kinda far-fetched
November 21, 2023, 06:01:07 AM
No new development for the casino besides that APR. Maybe it needs another promotion to keep the projects popularity because its starting to die down.
If its presence is just to keep the ANN thread up, it will be forgotten especially that I don't see anyone bragging their wins in this casino.
The casino itself is still popular because they have strong marketing in social media. BFG token is the one that already left behind and probably just another token use for reward in the casino. They already stop focusing their promotion to the token that’s why there’s nothing much price action happening.
I doubt that they will revive promotion on their token while they have a good casino performance in general without thinking about the BFG token.
I think one of the main problems is that they are quiet about the development of the tokens (no roadmap,…). In my eyes, the mining should never have stopped so early, in that way the team had a lot more team to think about what doing next with the tokens is mining is finished.
They quiet because maybe for now they have nothing to show that's why they keep silent regarding on the token development and try to bury that discussions by launching some new promotions intended for their casino. But it seems what they do is not effective still many people are so eager to talk about BFG development since maybe they are still holding it and want to see dev doing some nice action unto this token. Maybe if they are open to answer all question related to their token provably many people could understand their current situation. But they leave other no choice since no clear explanation about it so there would be a discussion would pop up since many still want to know what's happening to their token.
November 21, 2023, 04:33:28 AM
I think they know or knew right from time that the casinos will effectively function with or without a token, but still went ahead to develop a token, and for this, I personally believe that they never had any intention of making BFG great like every other top coins or tokens in the top 100 on coinmarketcap, their intention was to make even more money from the sells of the token which I believe they have already achieved, they have made as much money as they can from BFG, and right now, they have left it to its fate.
Right now, BFG have become a pure speculative token just like meme coins, and it's very unfortunate, knowing that meme coins depend on large community of supporters, which is something BFG don't have.
But in order to check this, it is necessary, in my opinion, to wait a little until the bullish cycle of the cryptocurrency market really begins. It is quite possible that BFG tokenomics will come to life and devs will begin to come up with more different options for using tokens. And if this does not happen, then I hope the devs understand that the presence of a useless and unnecessary token is quite a blow to the image of the casino as a whole. Although, as I understand it, the casino itself is quite successful and is now operating in the gambling market using cryptocurrencies. Right now, BFG have become a pure speculative token just like meme coins, and it's very unfortunate, knowing that meme coins depend on large community of supporters, which is something BFG don't have.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
November 20, 2023, 07:19:40 AM
No new development for the casino besides that APR. Maybe it needs another promotion to keep the projects popularity because its starting to die down.
If its presence is just to keep the ANN thread up, it will be forgotten especially that I don't see anyone bragging their wins in this casino.
The casino itself is still popular because they have strong marketing in social media. BFG token is the one that already left behind and probably just another token use for reward in the casino. They already stop focusing their promotion to the token that’s why there’s nothing much price action happening.
I doubt that they will revive promotion on their token while they have a good casino performance in general without thinking about the BFG token.
I think one of the main problems is that they are quiet about the development of the tokens (no roadmap,…). In my eyes, the mining should never have stopped so early, in that way the team had a lot more team to think about what doing next with the tokens is mining is finished.
Yeah. They are purposely doing it to avoid commitment on it again that we all know will cost them a lot while they are just using the token for reward purposes. The BFG token liquidity is not that huge while everyone in the community seems like doesn’t care on the development of the token.
I think they are just ignoring as much as possible since the casino is still working fine with or without the token.
Right now, BFG have become a pure speculative token just like meme coins, and it's very unfortunate, knowing that meme coins depend on large community of supporters, which is something BFG don't have.
November 19, 2023, 10:31:56 AM
No new development for the casino besides that APR. Maybe it needs another promotion to keep the projects popularity because its starting to die down.
If its presence is just to keep the ANN thread up, it will be forgotten especially that I don't see anyone bragging their wins in this casino.
The casino itself is still popular because they have strong marketing in social media. BFG token is the one that already left behind and probably just another token use for reward in the casino. They already stop focusing their promotion to the token that’s why there’s nothing much price action happening.
I doubt that they will revive promotion on their token while they have a good casino performance in general without thinking about the BFG token.
I think one of the main problems is that they are quiet about the development of the tokens (no roadmap,…). In my eyes, the mining should never have stopped so early, in that way the team had a lot more team to think about what doing next with the tokens is mining is finished.
Yeah. They are purposely doing it to avoid commitment on it again that we all know will cost them a lot while they are just using the token for reward purposes. The BFG token liquidity is not that huge while everyone in the community seems like doesn’t care on the development of the token.
I think they are just ignoring as much as possible since the casino is still working fine with or without the token.
November 19, 2023, 10:06:01 AM
No new development for the casino besides that APR. Maybe it needs another promotion to keep the projects popularity because its starting to die down.
If its presence is just to keep the ANN thread up, it will be forgotten especially that I don't see anyone bragging their wins in this casino.
The casino itself is still popular because they have strong marketing in social media. BFG token is the one that already left behind and probably just another token use for reward in the casino. They already stop focusing their promotion to the token that’s why there’s nothing much price action happening.
I doubt that they will revive promotion on their token while they have a good casino performance in general without thinking about the BFG token.
I think one of the main problems is that they are quiet about the development of the tokens (no roadmap,…). In my eyes, the mining should never have stopped so early, in that way the team had a lot more team to think about what doing next with the tokens is mining is finished.
November 19, 2023, 09:12:01 AM
No new development for the casino besides that APR. Maybe it needs another promotion to keep the projects popularity because its starting to die down.
If its presence is just to keep the ANN thread up, it will be forgotten especially that I don't see anyone bragging their wins in this casino.
The casino itself is still popular because they have strong marketing in social media. BFG token is the one that already left behind and probably just another token use for reward in the casino. They already stop focusing their promotion to the token that’s why there’s nothing much price action happening.
I doubt that they will revive promotion on their token while they have a good casino performance in general without thinking about the BFG token.
November 19, 2023, 07:01:52 AM
No new development for the casino besides that APR. Maybe it needs another promotion to keep the projects popularity because its starting to die down.
If its presence is just to keep the ANN thread up, it will be forgotten especially that I don't see anyone bragging their wins in this casino.
If its presence is just to keep the ANN thread up, it will be forgotten especially that I don't see anyone bragging their wins in this casino.
Another promotion? I think they have pretty nice promotions:
-Join the BetFury 4th Birthday Bash – $1,000,000 Prize Pool!
-BetFury has Introduced a Brand New Generous Bonus System
-Betfury Introduces a Very Generous Referral Program
07/10/2023 | Categories: News | Published by: BTCGOSU | Last updated: 07/10/2023
And you have more on their promo page: https://betfury.io/promo?state=active&limit=9&page=1
You are right and that is why I like dividend casinos like Betfury. The only downside now is, that you don't get any more BFG for gambling there, so with that incentive taken away, my activity dropped (also because of work). The fun thing with earning tokens and getting a dividend, is that you are always inclined to earn more tokens to increase your dividend.
I agree with you, I like the old BFG mining system a lot more. Now BFG is obtained through bonuses, at least that's how it seems to me... I'm not as active as I used to be, but these days I get all the bonuses in BFG. So I guess it's the new system.
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