Pages:
Author

Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 72. (Read 84983 times)

legendary
Activity: 2996
Merit: 2229
I believe that we are going to see Betfury stay silent about it aside from maybe a few promotional marketing things they want to promote and do an ad for, but they are not going to come here and chat. Have we seen them come here and chat before? I mean not recently at least and that's why I think they are not going to suddenly start doing that out of nowhere neither.

The peak of Betfury managers' activity here was in 2021/22. In that period, they were really systematically chatting and answering various questions from users here. However, it seems that they have completely abandoned this thread and promotion on the forum in general, as they have only posted 9 posts this year, most of which were promotional.
legendary
Activity: 2884
Merit: 1117
Probably the most correct thing would be to simply learn about the current plans for the development of the token directly from OP BetFury.io  
I think that he himself is much better informed about what is happening with the token and do devs have any other plans for a possible listing of tokens on some major CEX?  
Of course, there is a possibility that the release of tokens itself was not confirmed by the relevant licenses and for this reason its listing cannot be done taking into account the requirements of the current legislation.  I must say that the OP last wrote in this topic a week ago and generally maintains the topic properly performing the functions of the OP.  
Therefore, he may well tell us something and clarify the situation with the BFG.

 However, there is an option to ignore the answers to this topic, and this means that nothing new is happening with the token.  This is of course wrong, but this can also happen and we all just need to wait for the market to recover and the bull cycle BTC.    Smiley
That would be something special but I do not think that they are coming here and talking about it. I am not saying that would be bad, I think that would be lovely and I hope that they would actually do something like that but we all know that they are not going to do that and because of this I think we are not going to end up with a good result.

I believe that we are going to see Betfury stay silent about it aside from maybe a few promotional marketing things they want to promote and do an ad for, but they are not going to come here and chat. Have we seen them come here and chat before? I mean not recently at least and that's why I think they are not going to suddenly start doing that out of nowhere neither.
hero member
Activity: 2520
Merit: 783
This is why there is no need to just get hyped at this moment, lets wait for the volume to slowly grow bigger in the future to do something about it. I believe that we can make it work one way or another and it should be something more important when it gets there.

Correct, most importantly is the casino is running strong that gives assurance for the token to be alive even with low volume. A one big update on the BFG token utilization will surely bring back interest from previous holders that is just waiting in the sideline.

We already witnessed what’s the potential of casino tokens to pump when RLB tokens released an update about their token after the fud from their license issue. Accumulating slowly or watch closely the token price movement is the best thing to do.

RLB is different rollbit showing some good support with their token that's why it translate to good demands coming from their supporters. The case of BFG is different but at least we see that their casino is going strong so maybe this is the current condition for the holders to see and ignore all disturbance especially negative discussions about many things about it if they can able to risk for more months waiting for a huge pump to come with them.
hero member
Activity: 1400
Merit: 623
This is why there is no need to just get hyped at this moment, lets wait for the volume to slowly grow bigger in the future to do something about it. I believe that we can make it work one way or another and it should be something more important when it gets there.

Correct, most importantly is the casino is running strong that gives assurance for the token to be alive even with low volume. A one big update on the BFG token utilization will surely bring back interest from previous holders that is just waiting in the sideline.

We already witnessed what’s the potential of casino tokens to pump when RLB tokens released an update about their token after the fud from their license issue. Accumulating slowly or watch closely the token price movement is the best thing to do.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
For those who can adopt the risk maybe they could gamble to acquire and hold some BFG since we maybe can anticipate some good price rise especially if they get lots of demand. The current volume is so low so provably maybe this is good for those people who want to risk and try to wait for something good to happen like another exchange listing and this upcoming halving event.  Good trust is really need but we also need to understand that we should use the money we can afford to risk so if negative events happen they are still doing fine and seek for another token to invest.
As long as the volume stays low, it is not going to get that much big attention, not a permeant one anyway. It could maybe end up with something a little different and I would assume that it would probably not have any type of result that would be profitable but that doesn't mean that we are going to end up with a good return as long as this stays like this, maybe some whale could buy it and make it go up for a short term but then it will go back to what it was without a doubt.

This is why there is no need to just get hyped at this moment, lets wait for the volume to slowly grow bigger in the future to do something about it. I believe that we can make it work one way or another and it should be something more important when it gets there.
If it has to do with BFG, I don't think waiting and doing nothing will help the volume grow in any way, the growth of this token very much depends on the team rather than investors for community, for me personally, I believe the team has two options to make the volume of this token grow, and those options are..
1. Start updating the community regularly about ongoing developments, and future developments of the project.
2. Start listing the token on different international exchanges, and not just some low-rank exchanges , but exchanges in the top 50s according to coin market capitalisation..

These suggestions are both if adherently followed, will not only increase the trading volume of BFG, it will also add a very significant value to the price of BFG, and also make BFG one of the top tokens in the top 100 projects according to coinmarketcap, but then, I doubt if the team actually have time for all of this, they seem to be more focused on the casino, betfury, I'm less concerned about the token.
sr. member
Activity: 2296
Merit: 348
For those who can adopt the risk maybe they could gamble to acquire and hold some BFG since we maybe can anticipate some good price rise especially if they get lots of demand. The current volume is so low so provably maybe this is good for those people who want to risk and try to wait for something good to happen like another exchange listing and this upcoming halving event.  Good trust is really need but we also need to understand that we should use the money we can afford to risk so if negative events happen they are still doing fine and seek for another token to invest.
As long as the volume stays low, it is not going to get that much big attention, not a permeant one anyway. It could maybe end up with something a little different and I would assume that it would probably not have any type of result that would be profitable but that doesn't mean that we are going to end up with a good return as long as this stays like this, maybe some whale could buy it and make it go up for a short term but then it will go back to what it was without a doubt.

This is why there is no need to just get hyped at this moment, lets wait for the volume to slowly grow bigger in the future to do something about it. I believe that we can make it work one way or another and it should be something more important when it gets there.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
What people want to hear about them is to give updated regarding to current situation happening to BFG since everyone want to hear some plans on future. Exchange listing is one of popular topic discuss here but nothing happen so maybe this is another factor why some investor got disappointed on them plus the volume it gather is not so appealing that's why there's no demand created. Maybe there are other more investors thinking about to exit and the only event they wait is halving then wait if there's great times will happen to this token or still it perform the same.

There is no reason to expect Betfury to post here any plans regarding the future of the BFG token. All of Betfury's plans can be tracked on its roadmap page, although the information there may not be up to date as they rarely update it. As for halving, I don't think this event will have any major impact on the BFG token. At most, what I would expect is that the BFG token will be pumped up to 3 cents, but no more.
Yes so far there is no development whatsoever on the price of BFG although at the end of the bitcoin halving where all crypto markets will go up, it doesn't seem to be pushing BFG out as well at the high price that everyone is imagining, maybe because BFG hasn't been listed on many CEX exchange sites other than cointiger, because at the moment they are only traded on the DEX exchange and even then it is not enough to get good trading volume.

The only way is to make this token actually work and worth not just hoping for a roadmap if Betfury thinks about this at least BFG tokens can get listed on some CEX exchanges that's great too at least it can increase trading volume so more traders want to buy tokens This is an investment, but there is some truth, I am still not so sure that the price will grow above 3 cents.
legendary
Activity: 2702
Merit: 1465
What people want to hear about them is to give updated regarding to current situation happening to BFG since everyone want to hear some plans on future. Exchange listing is one of popular topic discuss here but nothing happen so maybe this is another factor why some investor got disappointed on them plus the volume it gather is not so appealing that's why there's no demand created. Maybe there are other more investors thinking about to exit and the only event they wait is halving then wait if there's great times will happen to this token or still it perform the same.

There is no reason to expect Betfury to post here any plans regarding the future of the BFG token. All of Betfury's plans can be tracked on its roadmap page, although the information there may not be up to date as they rarely update it. As for halving, I don't think this event will have any major impact on the BFG token. At most, what I would expect is that the BFG token will be pumped up to 3 cents, but no more.

No no they should do something since frustration regarding on their tokens and their plans starting up since many people don't know on where they are heading now. The price of their token is not really appealing and the volume is drowning so they must at least do something to make the investors go alive and convince to invest again. But their silence make people to get disappointed about the current situation and now it seems that its so hard for this token to pump. But lets still about possible action they do since there's still some good events on crypto space that we need to wait and maybe they have some good action or plans to do so that BFG will not left behind on the hype.
We all should take into account such a rather protracted and annoying stagnation in the cryptocurrency market.  The bitcoin rate is practically stuck in a narrow range and all fans of cryptocurrencies have already missed the normal drive that everyone loves in the cryptocurrency space.  So this token is also stuck in anticipation of the Bitcoin bull cycle and I think that it will most likely come to life and begin to please the players in this casino.  Of course we all got tired of waiting.  It is obvious.  But everything somehow focuses on the upcoming halving BTC
But it's still more than half a year away.  So you'll have to wait.
legendary
Activity: 2758
Merit: 1228
What people want to hear about them is to give updated regarding to current situation happening to BFG since everyone want to hear some plans on future. Exchange listing is one of popular topic discuss here but nothing happen so maybe this is another factor why some investor got disappointed on them plus the volume it gather is not so appealing that's why there's no demand created. Maybe there are other more investors thinking about to exit and the only event they wait is halving then wait if there's great times will happen to this token or still it perform the same.

There is no reason to expect Betfury to post here any plans regarding the future of the BFG token. All of Betfury's plans can be tracked on its roadmap page, although the information there may not be up to date as they rarely update it. As for halving, I don't think this event will have any major impact on the BFG token. At most, what I would expect is that the BFG token will be pumped up to 3 cents, but no more.

No no they should do something since frustration regarding on their tokens and their plans starting up since many people don't know on where they are heading now. The price of their token is not really appealing and the volume is drowning so they must at least do something to make the investors go alive and convince to invest again. But their silence make people to get disappointed about the current situation and now it seems that its so hard for this token to pump. But lets still about possible action they do since there's still some good events on crypto space that we need to wait and maybe they have some good action or plans to do so that BFG will not left behind on the hype.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform

I want to know if the fear on the part of the devs who do not put their tokens in a Decentralized exchange, what is it? the nameless? or what is it that they can fear him ? Many of us who are in the forum know that the main reason for a token to go away is that the don't give them a move or put it in a centralized exchange, because investors get anxious and leave, they don't believe in the project and they leave everything there. , then these things are the ones to avoid, since they bring a lot of Development and advancement in the BFG token , it is not worth letting it die.


For example, I don’t think that everything is bad with the BFG token and there are no serious prospects for its further development and use in games in this casino. 
The fact that there is still no listing on Binance or some other large well-known CEX and the fact that devs are in no hurry to deal with this, I can say, with an appropriate understanding of their intentions. 
First of all, such a listing is very expensive and perhaps casino devs simply cannot afford such costs.  By the way, this is not only a cost of money, but also a significant loss of employees' working time to obtain all kinds of permits, agreements and justifications and all sorts of other paperwork. 
Also, there are still fears of a large-scale whale attack (on the scale of this token, of course, the capitalization of which is currently about $50M according to CMC).  In addition, the boundaries of its rate fluctuations are All-Time High: $0.03656754, All-Time Low: $0.01019117, which is very good in terms of the stability of this token itself. 
So, given the possibility that a certain whale will try to play with the token rate with the corresponding dump / pump cycles, it is quite large in the case of a listing on a large exchange like Binance. 
I think for these reasons, so far we see a lull in the development of this token. 
And the devs are absolutely right in not forcing things to happen quickly.

I had already commented, about something similar to what you said, and the question here is if the dev are right then what is the maximum evolution of the toke? when the casino decided to create the token what exactly did they promise their customers and investors? did they ever set a goal or post anything that would list the token on major exchanges as binance? if they haven't said anything about it since the creation of the token, then it doesn't make much sense for people to keep charging them to list their token on the big exchanges, but if they have talked about listing the token on the big exchanges in the past, then they they should do what they say

this is because when a person buys a token or altcoin, that person is hoping that as the token is new and it is not yet listed on the major exchanges, so that person, when buying early, will have a lot of profit on the day that the token is listed on the major exchanges, people's goal has been this, in the past and even nowadays, when a project team announces that their token will be listed on a major exchange, the price of the token increases a lot for many days until the day of the listing and even a few days after from the listing. only after a week or more the price drops a lot, there is a correction

now when the project is solid, it has real use, then it will continue to be in great demand and there will be a considerable amount of trade on the large exchange, and everyone wins with this listing, the team wins and the investors also win. It seems to me that when the casino does not list the token and people have to buy the token, then the casino earns with fees, that is, it earns money just like the exchanges, so the casino will not list the token on the big exchange, and the only What wins is the casino, because the casino is not just a casino, it also becomes an exchange. I don't know how the license provider can allow such a thing. I honestly don't understand

Yes, it's not bad, I know that everything has the costs involved in entering a top-level exchange like Binance, in fact Binance is the titan of the exchanges at the moment due to its volume above Bitfinex, which is one of the big ones However, I say something, if I have a token that is going to be famous, that I have investors who have put in a lot of money, it would not be a good move for me to be able to win this token big, no matter the costs, because once I enter What they have at BIance is to have liquidity and that's it, Binance also has to have plans for market makers so that they can have control of the token and not take it to zero due to a big dump, so that's just what I'm saying, in fact I'm not trying to compare it at all, but many years ago there was a great project similar to this one, but as I said a long time ago, that is, different times, different circumstances, although for now I see that it is much more favorable At that time, the token I had reached a great price of 20 USD, not bad, right? but what happened? they went down because they ignored the community to make the move to a good exchange, the devs were afraid of losing their anonymity, and that project with that currency fell to less than 1usd, that is to say, they killed the goose that lays the eggs of gold.

In the case of Betfury and the BFG token, if they don't move right now, they won't make it later, what happens is that at this time that bitconi has not scaled to a new ATH, the devs must do something so they can buy more investors , innovate, do something, contests, offer this token as if it were the last thing in life, so that investors can be interested and put money there, where they achieve that they grow the token organically and it is not bad considering that it is a casino , which has good support in this, and apart from that, many more things can be done, if they do not want to spend in Biance, at least in Kucoin, because people, investors, even small players would buy, then this step is a fear that it gives them.

In addition, the team does not take advantage of the fact that it is in the best crypto forum of all time, the Sathos forum, nothing more and nothing less, so that is an indication that things are done in a good way, it is also a risk, nothing more, The fact that it is in a centralized exchange can generate at least a little bit of trust, and if they claim that they will include the tokens for Binance or something like that, that they are working on it, things get better, to buy, because they know that Binance is The titan, in my personal opinion, when they tell me that a token is listed or is going to be listed only in decentralized exchanges, I am disappointed, I know that many think like me.
legendary
Activity: 2996
Merit: 2229
What people want to hear about them is to give updated regarding to current situation happening to BFG since everyone want to hear some plans on future. Exchange listing is one of popular topic discuss here but nothing happen so maybe this is another factor why some investor got disappointed on them plus the volume it gather is not so appealing that's why there's no demand created. Maybe there are other more investors thinking about to exit and the only event they wait is halving then wait if there's great times will happen to this token or still it perform the same.

There is no reason to expect Betfury to post here any plans regarding the future of the BFG token. All of Betfury's plans can be tracked on its roadmap page, although the information there may not be up to date as they rarely update it. As for halving, I don't think this event will have any major impact on the BFG token. At most, what I would expect is that the BFG token will be pumped up to 3 cents, but no more.
legendary
Activity: 2758
Merit: 1228


I had already commented, about something similar to what you said, and the question here is if the dev are right then what is the maximum evolution of the toke? when the casino decided to create the token what exactly did they promise their customers and investors? did they ever set a goal or post anything that would list the token on major exchanges as binance? if they haven't said anything about it since the creation of the token, then it doesn't make much sense for people to keep charging them to list their token on the big exchanges, but if they have talked about listing the token on the big exchanges in the past, then they they should do what they say

this is because when a person buys a token or altcoin, that person is hoping that as the token is new and it is not yet listed on the major exchanges, so that person, when buying early, will have a lot of profit on the day that the token is listed on the major exchanges, people's goal has been this, in the past and even nowadays, when a project team announces that their token will be listed on a major exchange, the price of the token increases a lot for many days until the day of the listing and even a few days after from the listing. only after a week or more the price drops a lot, there is a correction

now when the project is solid, it has real use, then it will continue to be in great demand and there will be a considerable amount of trade on the large exchange, and everyone wins with this listing, the team wins and the investors also win. It seems to me that when the casino does not list the token and people have to buy the token, then the casino earns with fees, that is, it earns money just like the exchanges, so the casino will not list the token on the big exchange, and the only What wins is the casino, because the casino is not just a casino, it also becomes an exchange. I don't know how the license provider can allow such a thing. I honestly don't understand
Probably the most correct thing would be to simply learn about the current plans for the development of the token directly from OP BetFury.io  
I think that he himself is much better informed about what is happening with the token and do devs have any other plans for a possible listing of tokens on some major CEX?  
Of course, there is a possibility that the release of tokens itself was not confirmed by the relevant licenses and for this reason its listing cannot be done taking into account the requirements of the current legislation.  I must say that the OP last wrote in this topic a week ago and generally maintains the topic properly performing the functions of the OP.  
Therefore, he may well tell us something and clarify the situation with the BFG.

 However, there is an option to ignore the answers to this topic, and this means that nothing new is happening with the token.  This is of course wrong, but this can also happen and we all just need to wait for the market to recover and the bull cycle BTC.    Smiley

What people want to hear about them is to give updated regarding to current situation happening to BFG since everyone want to hear some plans on future. Exchange listing is one of popular topic discuss here but nothing happen so maybe this is another factor why some investor got disappointed on them plus the volume it gather is not so appealing that's why there's no demand created. Maybe there are other more investors thinking about to exit and the only event they wait is halving then wait if there's great times will happen to this token or still it perform the same.
legendary
Activity: 2702
Merit: 1465


I had already commented, about something similar to what you said, and the question here is if the dev are right then what is the maximum evolution of the toke? when the casino decided to create the token what exactly did they promise their customers and investors? did they ever set a goal or post anything that would list the token on major exchanges as binance? if they haven't said anything about it since the creation of the token, then it doesn't make much sense for people to keep charging them to list their token on the big exchanges, but if they have talked about listing the token on the big exchanges in the past, then they they should do what they say

this is because when a person buys a token or altcoin, that person is hoping that as the token is new and it is not yet listed on the major exchanges, so that person, when buying early, will have a lot of profit on the day that the token is listed on the major exchanges, people's goal has been this, in the past and even nowadays, when a project team announces that their token will be listed on a major exchange, the price of the token increases a lot for many days until the day of the listing and even a few days after from the listing. only after a week or more the price drops a lot, there is a correction

now when the project is solid, it has real use, then it will continue to be in great demand and there will be a considerable amount of trade on the large exchange, and everyone wins with this listing, the team wins and the investors also win. It seems to me that when the casino does not list the token and people have to buy the token, then the casino earns with fees, that is, it earns money just like the exchanges, so the casino will not list the token on the big exchange, and the only What wins is the casino, because the casino is not just a casino, it also becomes an exchange. I don't know how the license provider can allow such a thing. I honestly don't understand
Probably the most correct thing would be to simply learn about the current plans for the development of the token directly from OP BetFury.io  
I think that he himself is much better informed about what is happening with the token and do devs have any other plans for a possible listing of tokens on some major CEX?  
Of course, there is a possibility that the release of tokens itself was not confirmed by the relevant licenses and for this reason its listing cannot be done taking into account the requirements of the current legislation.  I must say that the OP last wrote in this topic a week ago and generally maintains the topic properly performing the functions of the OP.  
Therefore, he may well tell us something and clarify the situation with the BFG.

 However, there is an option to ignore the answers to this topic, and this means that nothing new is happening with the token.  This is of course wrong, but this can also happen and we all just need to wait for the market to recover and the bull cycle BTC.    Smiley
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform

I want to know if the fear on the part of the devs who do not put their tokens in a Decentralized exchange, what is it? the nameless? or what is it that they can fear him ? Many of us who are in the forum know that the main reason for a token to go away is that the don't give them a move or put it in a centralized exchange, because investors get anxious and leave, they don't believe in the project and they leave everything there. , then these things are the ones to avoid, since they bring a lot of Development and advancement in the BFG token , it is not worth letting it die.


For example, I don’t think that everything is bad with the BFG token and there are no serious prospects for its further development and use in games in this casino. 
The fact that there is still no listing on Binance or some other large well-known CEX and the fact that devs are in no hurry to deal with this, I can say, with an appropriate understanding of their intentions. 
First of all, such a listing is very expensive and perhaps casino devs simply cannot afford such costs.  By the way, this is not only a cost of money, but also a significant loss of employees' working time to obtain all kinds of permits, agreements and justifications and all sorts of other paperwork. 
Also, there are still fears of a large-scale whale attack (on the scale of this token, of course, the capitalization of which is currently about $50M according to CMC).  In addition, the boundaries of its rate fluctuations are All-Time High: $0.03656754, All-Time Low: $0.01019117, which is very good in terms of the stability of this token itself. 
So, given the possibility that a certain whale will try to play with the token rate with the corresponding dump / pump cycles, it is quite large in the case of a listing on a large exchange like Binance. 
I think for these reasons, so far we see a lull in the development of this token. 
And the devs are absolutely right in not forcing things to happen quickly.

I had already commented, about something similar to what you said, and the question here is if the dev are right then what is the maximum evolution of the toke? when the casino decided to create the token what exactly did they promise their customers and investors? did they ever set a goal or post anything that would list the token on major exchanges as binance? if they haven't said anything about it since the creation of the token, then it doesn't make much sense for people to keep charging them to list their token on the big exchanges, but if they have talked about listing the token on the big exchanges in the past, then they they should do what they say

this is because when a person buys a token or altcoin, that person is hoping that as the token is new and it is not yet listed on the major exchanges, so that person, when buying early, will have a lot of profit on the day that the token is listed on the major exchanges, people's goal has been this, in the past and even nowadays, when a project team announces that their token will be listed on a major exchange, the price of the token increases a lot for many days until the day of the listing and even a few days after from the listing. only after a week or more the price drops a lot, there is a correction

now when the project is solid, it has real use, then it will continue to be in great demand and there will be a considerable amount of trade on the large exchange, and everyone wins with this listing, the team wins and the investors also win. It seems to me that when the casino does not list the token and people have to buy the token, then the casino earns with fees, that is, it earns money just like the exchanges, so the casino will not list the token on the big exchange, and the only What wins is the casino, because the casino is not just a casino, it also becomes an exchange. I don't know how the license provider can allow such a thing. I honestly don't understand
legendary
Activity: 2478
Merit: 1492
What is the purpose of checking BFG price regularly? It does not look that this token gonna one day do 10x and all of a sudden holders becomes rich easily. It does not look that if we skip checkinc BFG price for a while, we gonna get amazed one day. Like Ive said previously, this token is just an addition, a gratitude for playing on Betfury. Instead of focusing in token, we would better gamble and focus on new features.
I don't see it like that. Rewarding is not the word i would use. Account that i used long time to build is worthless now. Since they restricted EU from gambling, price and tokenomics are really only things i can focus on. So for me, it's only an investment opportunity, and i am trying to figure out from fundamentals and tokenomics when is that opportunity is going to be. And at the moment it's just trading the waves, trying to find ins and outs where i can buy an sell.

I am gambling from and the only part that is restricted is placing bets. That is why I use betfury for playing slots, and duelbits and sportsbet for mma betting. Why I think that BFG is not good for investment (just my imho), because whole platform is oriented on providing gambling service, not an investment product. Let those who focus on gambling focus on their gambling work, that is why I dont except much from BFG. For me this is similar to judging restaurant by the ice cream thet serve as a desert. That is stupid to do. Main course is what make restaurant special. That is why talking a lot about bfg is stupid. Their bfg will never be primary goal for them.
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
Betfury managers wrote earlier in this thread that they allow the use of VPN to access the site, and I haven't heard a single case of them blocking a user because of it. So Betfury's ToS may be just a formal thing, and they only pretend to comply with the regulators. Actually, nothing is surprising in this because other platforms do the same thing. Moreover, popular centralized exchanges such as Binance also pretend to comply with regulatory requirements. In reality, they are constantly looking for loopholes to get around these requirements until they are caught red-handed.
Of course it's a formal thing, but that doesn't make it something we should ignore, quite the opposite.
And even if they formally allowed VPN, that doesn't contradict my original explanation for it that could make it legal, and that is the fact one is visiting in another country, while not being citizen of it.

When we talk about Binance, i don't think they are knowingly allowing blackisted people to trade, they just have such a high amount of users, that's it's nearly impossible for them to catch everyone with fake passport or identity thefts. They just don't have enough staff that's enough educated to handle that. This will probably change at some point when there's more regulatory oversight. I don't think binance cares if you use VPN or not. They just care about potential KYC to check where you are from, just like casinos.

Before ever using a VPN on a casino , it is most important to make sure that the terms of service clearly stated that VPN are allowed on the casino, at least, and also trust that the casino is one that can be trusted not to go into their terms of service to change things when problem arises..
-cut-
If the terms of service excludes the country you are citizen of, it doesn't matter if TOS allows VPN or if it doesn't say anything about VPN.
Using VPN doesn't make one a citizen of unrestricted country, it just makes one a person that pretends to be a citizen of unrestricted country.
sr. member
Activity: 1022
Merit: 363
I would go with occam's razor here as the simplest explanation is often most probable reason. Either you misunderstood what they meant by that, or they were lying to you and they are running an illegal operation, where they look another way and only pretend to comply with regulators. That doesn't give much hopes for your possibility to get your money back in any legal way if they ever would close your account.
 
If there would be loopholes that contradict the whole point of AML / sanction laws, don't you think that every casino could use that loophole? Ask anyone in charge of casino that on record and tell that you are going to double check that from regulators, and they will deny ever saying that.

If they could offer their services to citizens of restricted countries, why do they have that section in their tos saying the opposite?

Betfury managers wrote earlier in this thread that they allow the use of VPN to access the site, and I haven't heard a single case of them blocking a user because of it. So Betfury's ToS may be just a formal thing, and they only pretend to comply with the regulators. Actually, nothing is surprising in this because other platforms do the same thing. Moreover, popular centralized exchanges such as Binance also pretend to comply with regulatory requirements. In reality, they are constantly looking for loopholes to get around these requirements until they are caught red-handed.
Before ever using a VPN on a casino , it is most important to make sure that the terms of service clearly stated that VPN are allowed on the casino, at least, and also trust that the casino is one that can be trusted not to go into their terms of service to change things when problem arises..

I've seen an issue where a customer care told a player that VPN is not a problem for them, the player turned on VPN and was later blocked from accessing his account, and the money in the account frozen, when the player reached out to the customer care , he was told that VPN was never allowed in the casino, and that their terms of service clearly stated that, the player read the teams of service and indeed saw that it is written there that VPN usage is not allowed by the casino, later , it was assumes that the customer care who initially answered player didn't even know the terms of service of the casino he or she is working for ..

Also they need to know first that their country is not listed on restricted list so that they would know that its fine to use a vpn and will not encounter a issue by using this. Since if they allowed using vpn but they are in restricted list I guess they might still have a chance to encounter some issue especially on Kyc verification since the casino representative can see your address and they might close the account for restriction reasons.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
I would go with occam's razor here as the simplest explanation is often most probable reason. Either you misunderstood what they meant by that, or they were lying to you and they are running an illegal operation, where they look another way and only pretend to comply with regulators. That doesn't give much hopes for your possibility to get your money back in any legal way if they ever would close your account.
 
If there would be loopholes that contradict the whole point of AML / sanction laws, don't you think that every casino could use that loophole? Ask anyone in charge of casino that on record and tell that you are going to double check that from regulators, and they will deny ever saying that.

If they could offer their services to citizens of restricted countries, why do they have that section in their tos saying the opposite?

Betfury managers wrote earlier in this thread that they allow the use of VPN to access the site, and I haven't heard a single case of them blocking a user because of it. So Betfury's ToS may be just a formal thing, and they only pretend to comply with the regulators. Actually, nothing is surprising in this because other platforms do the same thing. Moreover, popular centralized exchanges such as Binance also pretend to comply with regulatory requirements. In reality, they are constantly looking for loopholes to get around these requirements until they are caught red-handed.
Before ever using a VPN on a casino , it is most important to make sure that the terms of service clearly stated that VPN are allowed on the casino, at least, and also trust that the casino is one that can be trusted not to go into their terms of service to change things when problem arises..

I've seen an issue where a customer care told a player that VPN is not a problem for them, the player turned on VPN and was later blocked from accessing his account, and the money in the account frozen, when the player reached out to the customer care , he was told that VPN was never allowed in the casino, and that their terms of service clearly stated that, the player read the teams of service and indeed saw that it is written there that VPN usage is not allowed by the casino, later , it was assumes that the customer care who initially answered player didn't even know the terms of service of the casino he or she is working for ..
legendary
Activity: 2996
Merit: 2229
I would go with occam's razor here as the simplest explanation is often most probable reason. Either you misunderstood what they meant by that, or they were lying to you and they are running an illegal operation, where they look another way and only pretend to comply with regulators. That doesn't give much hopes for your possibility to get your money back in any legal way if they ever would close your account.
 
If there would be loopholes that contradict the whole point of AML / sanction laws, don't you think that every casino could use that loophole? Ask anyone in charge of casino that on record and tell that you are going to double check that from regulators, and they will deny ever saying that.

If they could offer their services to citizens of restricted countries, why do they have that section in their tos saying the opposite?

Betfury managers wrote earlier in this thread that they allow the use of VPN to access the site, and I haven't heard a single case of them blocking a user because of it. So Betfury's ToS may be just a formal thing, and they only pretend to comply with the regulators. Actually, nothing is surprising in this because other platforms do the same thing. Moreover, popular centralized exchanges such as Binance also pretend to comply with regulatory requirements. In reality, they are constantly looking for loopholes to get around these requirements until they are caught red-handed.
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
I don't see it like that. Rewarding is not the word i would use. Account that i used long time to build is worthless now. Since they restricted EU from gambling, price and tokenomics are really only things i can focus on. So for me, it's only an investment opportunity, and i am trying to figure out from fundamentals and tokenomics when is that opportunity is going to be. And at the moment it's just trading the waves, trying to find ins and outs where i can buy an sell.

A lot of countries are restricted from gambling on Betfury but they have already stated multiple times that they allow the use of a VPN. Personally I wouldn’t invest in the tokens, for me the main benefit of Betfury is the tokens you mined when playing (these days are over) and the daily dividend you got from them. As others have said before, there are no indications that the price would suddenly skyrocket.
By allowing VPN they mean that it's for players that are visiting on those restricted countries but have a citizenship of a country that's not restricted.

Otherwise it would be illegal and if they would froze your money, you would have no legal grounds to get them back, because you would have violated TOS.

Actually they would be legally obligated to freeze your account, if they aren't running an illegal operation, so i wouldn't feel so safe staking anything there. If you live in a country that's not restricted, you'll be fine to stake. Just not me.

While you might be right, this is something they stated to me multiple times in livechat so it must be that there are maybe some loopholes so it doesn’t cause any trouble for them and the players. Their list of restricted countries is so long also that they would loose a lot of (old) players when they wouldn’t allow a VPN.
I would go with occam's razor here as the simplest explanation is often most probable reason. Either you misunderstood what they meant by that, or they were lying to you and they are running an illegal operation, where they look another way and only pretend to comply with regulators. That doesn't give much hopes for your possibility to get your money back in any legal way if they ever would close your account.
 
If there would be loopholes that contradict the whole point of AML / sanction laws, don't you think that every casino could use that loophole? Ask anyone in charge of casino that on record and tell that you are going to double check that from regulators, and they will deny ever saying that.

If they could offer their services to citizens of restricted countries, why do they have that section in their tos saying the opposite?
Pages:
Jump to: