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Topic: BETGALAXY.IO PROFIT SHARING CASINO - $500 DAILY SLOT RACES - $200,000 POOL (Read 1104 times)

legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
I really like the initiation they have with slots, many casinos with a good balance offer a lot of winnings, which is remarkable and perfectly understandable, but with 0.2USD and you win 5USD, I think it's fair and that many players like it. They will like it and they will want to acquire that profit at any rate, although it is not much, many players with only winning at least 3USD would give them a lot of pleasure, this time I missed the opportunity to participate in that contest, but I see that they are very active , I hope that for the other I don't miss it.
copper member
Activity: 70
Merit: 10
Owner Of Betgalaxy.io Profit-Sharing Casino
$500 SLOTS RACE 1 UPDATE
-Lucky Users Won $5 with $0.2 Wager!! Join and play!




copper member
Activity: 70
Merit: 10
Owner Of Betgalaxy.io Profit-Sharing Casino
Withdrawal is still taking too long to process. Have been waiting for almost 7 hours now for my TRX withdrawal.

Also is the official Discord channel working? It asked to click the ✅ to verify, but after 2 weeks waiting nothing happened.

Unfortunately, we are still manually processing withdrawals and there are dead zone times. We apologize for this.

Telegram is our main focus currently. We will look into the issue however.
newbie
Activity: 3
Merit: 0
Withdrawal is still taking too long to process. Have been waiting for almost 7 hours now for my TRX withdrawal.

Also is the official Discord channel working? It asked to click the ✅ to verify, but after 2 weeks waiting nothing happened.
copper member
Activity: 70
Merit: 10
Owner Of Betgalaxy.io Profit-Sharing Casino

Our number 1 focus is our players, our number 2 focus is to never do anything to harm token holders. The dilution mechanism exists for that reason. We want to provide as much value to players as possible.

Yes exactly! In terms of marketing, we believe it is the right move too. We want current bugs to be fixed and our events to be live before we make a larger push.

If you are still not confident on the current status of the Casino technicalities, Why not launch a contest or a bug bounty event to test your Casino with a real user thata exploring your game. This will help you to receive exposure here since there's a lot of veteran players here that willing to try Casino in exchange for some free coins to try the overall functionality of the games. I notice a slow development since you started this thread. What is the size of the dev team working for the code of the casino?

We have approximately 4-5 active devs. The recent political turmoil in Russia/Ukraine and the surrounding regions led to delays and coordination issues. We apologize for the delays.
copper member
Activity: 70
Merit: 10
Owner Of Betgalaxy.io Profit-Sharing Casino
I see that you have a lot of interesting coins that I can use to deposit including Shiba Inu maybe you would consider to add more BSC coins and let the users login using Metamask or wouldn't that be too complicated to add on the website? I see some good games and providers. I would like to ask how can I share profit in your casino just like what you advertise on your title?

Hi,

By playing on the site you mine COSMO tokens. Each cosmo token gets a part of the div pool. We will have a video explaining profit-sharing better out soon. Please refer to our whitepaper or ask specific questions in our telegram chat for instant answers.
copper member
Activity: 70
Merit: 10
Owner Of Betgalaxy.io Profit-Sharing Casino
Regarding withdraws:

We are still working through a few issues here and there, specifically with DOGE and BTC. All other currencies are processed relatively quickly.

We have completely disabled BTC deposits to mitigate the issues with that one, while we are actively working on fixing DOGE permanently. Since there are current users with DOGE on their balance and they are using it for play, we have left that currency enabled while we troubleshoot and fix the withdraw problems for it.
copper member
Activity: 70
Merit: 10
Owner Of Betgalaxy.io Profit-Sharing Casino


Greetings Cosmonauts!

🚀Slot Races are LIVE!🚀

🏁First race begins at 10PM EST tonight (in 2.5 hours from now!)

- The event type is ‘Top Wagered’

- The event runs every day with a 24-hour duration

- Flat prize pool, $500 total, paid out to 20 winning spots

- The daily race ends at 10 PM EST (New York Time)

- Prize payouts are made every day at 10 PM EST (New York)

- The prize is paid in BUSD instantly at the conclusion of the daily event

- Prizes deduct from the BUSD dividend pool

- No minimum wager amount or multiplier minimum to qualify

- All the games and providers are eligible (no blacklist)

Prizes breakdown
1st  $150
2nd $100
3rd $50
4th: $40
5th: $30
6th: $20
7th: $15
8-11th: $10 each
12-15th: $7.5 each
16-20th: $5 each

May the best racer(s) win!

🎩ADMIN🎩
hero member
Activity: 1498
Merit: 506
I see that you have a lot of interesting coins that I can use to deposit including Shiba Inu maybe you would consider to add more BSC coins and let the users login using Metamask or wouldn't that be too complicated to add on the website? I see some good games and providers. I would like to ask how can I share profit in your casino just like what you advertise on your title?
hero member
Activity: 1610
Merit: 507
snip
Launching an event, as you said, can be very effective in attracting people to visit the site, especially with the lure of giving prizes to people who manage to find bugs or win a game. That is a great way of promotion. Moreover, they can provide additional bonuses for people who send some money to play gambling there.

Maybe they can also invite people personally as beta testers to test their site, look for security holes that are still leaking, or look for bugs on their site. There are many ways to grow their site, depending on the site team and their plan.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
I like the system that they are applying, it seems to me very similar to the one that they use in betfury from the beginning, this speaks very well of the site, also that they give returns in all the available currencies is something that at least attracts me a lot, I have seen Some platforms apply this same strategy, I have also seen that they reach a large number of clients in a short time, have you thought of also having a signature campaign in the forum in conjunction with a social media campaign? This always gives them a big jump to the platform.


Thanks for the input!

Yes, we are working on doing a signature campaign here on BTCTalk Smiley

Currently our main focus is to fine tune and clean up any lagging items/issues we had received during launch, and then a bigger marketing push will begin Smiley
I am glad to read this, I think that every principle in the platforms is hard, but it is seen that they have been working hard to always achieve continuous improvement, I hope that they can achieve everything that they have proposed and in the near future they can become one of the most valued platforms, and with a good reputation here in the forum, keep up the good work and if you are already on the right track with good marketing, it is the best investment you can make, this will surely bring you good news.

The success rate of most companies that have to do with gambling houses and casinos, when they do good marketing their success is guaranteed, nascent casinos that have carried out this strategy continue to do very well today.
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform

Our number 1 focus is our players, our number 2 focus is to never do anything to harm token holders. The dilution mechanism exists for that reason. We want to provide as much value to players as possible.

Yes exactly! In terms of marketing, we believe it is the right move too. We want current bugs to be fixed and our events to be live before we make a larger push.

fixing what needs to be fixed, fine tuning and securing all your safety protocols are indeed important more than anything else. because if you hold your campaign and you're not ready, you may just encounter more trouble with the players. and your funds are just wasted for no reason.
that's why, imo, campaign can wait. because if you are already prepared for whatever possible issue you may face with, you will gain credibility from the gambling community.
copper member
Activity: 70
Merit: 10
Owner Of Betgalaxy.io Profit-Sharing Casino
I think that the dividend system etc. are all great.

However, I just think that your attention should not be solely focused on raising capital right now through your token sale.

That is honestly not the best policy and makes it seem like you're just trying to dig funds out of investors. Work on the site, right now it looks like it's been created straight out of a template.


From what I understand there is no token sale. You are able to mine the token by playing. I agree, supporting token raises is hard. Admin needs to buy bronze and show pictures here

Ah right, hopefully they stay that way for the future.

If it's just a simple token mine I can get behind that - return some value to the players for once instead of trying to extract pennies out of each individual.

I like the system that they are applying, it seems to me very similar to the one that they use in betfury from the beginning, this speaks very well of the site, also that they give returns in all the available currencies is something that at least attracts me a lot, I have seen Some platforms apply this same strategy, I have also seen that they reach a large number of clients in a short time, have you thought of also having a signature campaign in the forum in conjunction with a social media campaign? This always gives them a big jump to the platform.


Thanks for the input!

Yes, we are working on doing a signature campaign here on BTCTalk Smiley

Currently our main focus is to fine tune and clean up any lagging items/issues we had received during launch, and then a bigger marketing push will begin Smiley

Great idea and that shows the right attitude.

No point marketing/seeking investments or doing anything fancy until your main product is actually functional. Good call from the team.

Our number 1 focus is our players, our number 2 focus is to never do anything to harm token holders. The dilution mechanism exists for that reason. We want to provide as much value to players as possible.

Yes exactly! In terms of marketing, we believe it is the right move too. We want current bugs to be fixed and our events to be live before we make a larger push.
hero member
Activity: 1526
Merit: 596
I think that the dividend system etc. are all great.

However, I just think that your attention should not be solely focused on raising capital right now through your token sale.

That is honestly not the best policy and makes it seem like you're just trying to dig funds out of investors. Work on the site, right now it looks like it's been created straight out of a template.


From what I understand there is no token sale. You are able to mine the token by playing. I agree, supporting token raises is hard. Admin needs to buy bronze and show pictures here

Ah right, hopefully they stay that way for the future.

If it's just a simple token mine I can get behind that - return some value to the players for once instead of trying to extract pennies out of each individual.

I like the system that they are applying, it seems to me very similar to the one that they use in betfury from the beginning, this speaks very well of the site, also that they give returns in all the available currencies is something that at least attracts me a lot, I have seen Some platforms apply this same strategy, I have also seen that they reach a large number of clients in a short time, have you thought of also having a signature campaign in the forum in conjunction with a social media campaign? This always gives them a big jump to the platform.


Thanks for the input!

Yes, we are working on doing a signature campaign here on BTCTalk Smiley

Currently our main focus is to fine tune and clean up any lagging items/issues we had received during launch, and then a bigger marketing push will begin Smiley

Great idea and that shows the right attitude.

No point marketing/seeking investments or doing anything fancy until your main product is actually functional. Good call from the team.
copper member
Activity: 70
Merit: 10
Owner Of Betgalaxy.io Profit-Sharing Casino
I like the system that they are applying, it seems to me very similar to the one that they use in betfury from the beginning, this speaks very well of the site, also that they give returns in all the available currencies is something that at least attracts me a lot, I have seen Some platforms apply this same strategy, I have also seen that they reach a large number of clients in a short time, have you thought of also having a signature campaign in the forum in conjunction with a social media campaign? This always gives them a big jump to the platform.


Thanks for the input!

Yes, we are working on doing a signature campaign here on BTCTalk Smiley

Currently our main focus is to fine tune and clean up any lagging items/issues we had received during launch, and then a bigger marketing push will begin Smiley
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
I like the system that they are applying, it seems to me very similar to the one that they use in betfury from the beginning, this speaks very well of the site, also that they give returns in all the available currencies is something that at least attracts me a lot, I have seen Some platforms apply this same strategy, I have also seen that they reach a large number of clients in a short time, have you thought of also having a signature campaign in the forum in conjunction with a social media campaign? This always gives them a big jump to the platform.
copper member
Activity: 70
Merit: 10
Owner Of Betgalaxy.io Profit-Sharing Casino
Long time follower of the forum, but just created an account now.

I gave BetGalaxy a try. Here are my impressions:
  • Account creation process was simple enough.
  • Deposit (using TRX) was smooth and fast.
  • Withdrawals got delayed (already addressed by OP), but always completed within 8 hours.
  • UI has minor bugs, but not going to spoil the experience.
  • Games are extensive and connection to the third-party servers are quite stable.
  • Profit-sharing model seems solid.

Now into the bigger points resolving their unique div pool system.
  • The documentation is extremely minimal.
  • The Dividend Rewards cannot be used to play, which is a bummer. If you collect 25 USDT over time from the div pool, while the avg. network cost to withdraw is also 25 USDT, you basically get nothing.
  • For now, it also does not seem possible to withdraw the div rewards in multiple tokens unless you have deposited the said token. So if you deposited only TRX, then it is the only token that you can withdraw even though you get the div rewards in 10+ different tokens.
  • Finally, it is a HUGE disappointment to know that after the mining got to Level 2 yesterday, the mining cost stays at $0.05, instead of increased to $0.1. It was even tweeted as if it was a good news. This means for the early players, the decay rate stays the same and the minted COSMO tokens will burn out much faster as well. More importantly, it indicates that the mint cost is set manually or the algorithm can be tempered. So at any point, the house can change the rules instead of following what they stated in the whitepaper.

Hopefully, OP can address my concerns.

Hello!

Thank you for the input!

I will address each point:

1) The documentation is extremely minimal:

We are currently working to update many of our informational pages on the platform, as many of them still have old information that was relevant for the previous model. This one we hope to have vastly improved in the very near future.

2) The Dividend Rewards cannot be used to play:

This definitely should not be the case, I will notify our developer of this. Are you trying to play third party provider games, or in-house games? If third party provider game, we may have a tiny bug there to correct, and will do so!

3) For now, it also does not seem possible to withdraw the div rewards in multiple tokens unless you have deposited the said token:

This one also should not be the case, but if something is preventing you from actually submitting withdraws for other currencies please notify us, and we will investigate why that is. The only requirement to withdraw from our platform is that your account must meet certain AML restrictions (Meaning there must be some activity and play).

4) Finally, it is a HUGE disappointment to know that after the mining got to Level 2 yesterday, the mining cost stays at $0.05, instead of increased to $0.1:

I understand somewhat this disappointment, the reason this was the case was due to the withdraw system issues we had through all of stage 1 / level 1, and it created a unfair situation that we felt was best remedied by extending the $0.05 cost through Level 2.

I hope I cleared up most of those for you, and please let me know know on those two if we need to investigate into those. I will look into the first one (where it won't let you play with your rewards).

Thank you!

Appreciate the response.

2) Third-party provider games.

3) In that case, withdrawal of other currencies will not be possible until you solve issue #2 above.

4) Well, this solution actually created an unfair situation for early players/testers. I played more than my initial allowance because I thought playing at stage 1 / level 1 would give me the best benefit. Now, I calculated at least half of my mined token will decay before it actually progresses to level 2. My dividend value should already be doubled as of today since, if my understanding of the profit-sharing model is correct, the mining and decay rates should double from L1 to L2. It's a lot and should not be taken lightly.
2 and 3 are being investigated currently.

4: This is true but there’s also the added benefit you now have of being able to compounding and rolling your dividend rewards back in for further cheapest cosmo and maximum long term benefit.
newbie
Activity: 3
Merit: 0
Long time follower of the forum, but just created an account now.

I gave BetGalaxy a try. Here are my impressions:
  • Account creation process was simple enough.
  • Deposit (using TRX) was smooth and fast.
  • Withdrawals got delayed (already addressed by OP), but always completed within 8 hours.
  • UI has minor bugs, but not going to spoil the experience.
  • Games are extensive and connection to the third-party servers are quite stable.
  • Profit-sharing model seems solid.

Now into the bigger points resolving their unique div pool system.
  • The documentation is extremely minimal.
  • The Dividend Rewards cannot be used to play, which is a bummer. If you collect 25 USDT over time from the div pool, while the avg. network cost to withdraw is also 25 USDT, you basically get nothing.
  • For now, it also does not seem possible to withdraw the div rewards in multiple tokens unless you have deposited the said token. So if you deposited only TRX, then it is the only token that you can withdraw even though you get the div rewards in 10+ different tokens.
  • Finally, it is a HUGE disappointment to know that after the mining got to Level 2 yesterday, the mining cost stays at $0.05, instead of increased to $0.1. It was even tweeted as if it was a good news. This means for the early players, the decay rate stays the same and the minted COSMO tokens will burn out much faster as well. More importantly, it indicates that the mint cost is set manually or the algorithm can be tempered. So at any point, the house can change the rules instead of following what they stated in the whitepaper.

Hopefully, OP can address my concerns.

Hello!

Thank you for the input!

I will address each point:

1) The documentation is extremely minimal:

We are currently working to update many of our informational pages on the platform, as many of them still have old information that was relevant for the previous model. This one we hope to have vastly improved in the very near future.

2) The Dividend Rewards cannot be used to play:

This definitely should not be the case, I will notify our developer of this. Are you trying to play third party provider games, or in-house games? If third party provider game, we may have a tiny bug there to correct, and will do so!

3) For now, it also does not seem possible to withdraw the div rewards in multiple tokens unless you have deposited the said token:

This one also should not be the case, but if something is preventing you from actually submitting withdraws for other currencies please notify us, and we will investigate why that is. The only requirement to withdraw from our platform is that your account must meet certain AML restrictions (Meaning there must be some activity and play).

4) Finally, it is a HUGE disappointment to know that after the mining got to Level 2 yesterday, the mining cost stays at $0.05, instead of increased to $0.1:

I understand somewhat this disappointment, the reason this was the case was due to the withdraw system issues we had through all of stage 1 / level 1, and it created a unfair situation that we felt was best remedied by extending the $0.05 cost through Level 2.

I hope I cleared up most of those for you, and please let me know know on those two if we need to investigate into those. I will look into the first one (where it won't let you play with your rewards).

Thank you!

Appreciate the response.

2) Third-party provider games.

3) In that case, withdrawal of other currencies will not be possible until you solve issue #2 above.

4) Well, this solution actually created an unfair situation for early players/testers. I played more than my initial allowance because I thought playing at stage 1 / level 1 would give me the best benefit. Now, I calculated at least half of my mined token will decay before it actually progresses to level 2. My dividend value should already be doubled as of today since, if my understanding of the profit-sharing model is correct, the mining and decay rates should double from L1 to L2. It's a lot and should not be taken lightly.
copper member
Activity: 70
Merit: 10
Owner Of Betgalaxy.io Profit-Sharing Casino
Long time follower of the forum, but just created an account now.

I gave BetGalaxy a try. Here are my impressions:
  • Account creation process was simple enough.
  • Deposit (using TRX) was smooth and fast.
  • Withdrawals got delayed (already addressed by OP), but always completed within 8 hours.
  • UI has minor bugs, but not going to spoil the experience.
  • Games are extensive and connection to the third-party servers are quite stable.
  • Profit-sharing model seems solid.

Now into the bigger points resolving their unique div pool system.
  • The documentation is extremely minimal.
  • The Dividend Rewards cannot be used to play, which is a bummer. If you collect 25 USDT over time from the div pool, while the avg. network cost to withdraw is also 25 USDT, you basically get nothing.
  • For now, it also does not seem possible to withdraw the div rewards in multiple tokens unless you have deposited the said token. So if you deposited only TRX, then it is the only token that you can withdraw even though you get the div rewards in 10+ different tokens.
  • Finally, it is a HUGE disappointment to know that after the mining got to Level 2 yesterday, the mining cost stays at $0.05, instead of increased to $0.1. It was even tweeted as if it was a good news. This means for the early players, the decay rate stays the same and the minted COSMO tokens will burn out much faster as well. More importantly, it indicates that the mint cost is set manually or the algorithm can be tempered. So at any point, the house can change the rules instead of following what they stated in the whitepaper.

Hopefully, OP can address my concerns.

Hello!

Thank you for the input!

I will address each point:

1) The documentation is extremely minimal:

We are currently working to update many of our informational pages on the platform, as many of them still have old information that was relevant for the previous model. This one we hope to have vastly improved in the very near future.

2) The Dividend Rewards cannot be used to play:

This definitely should not be the case, I will notify our developer of this. Are you trying to play third party provider games, or in-house games? If third party provider game, we may have a tiny bug there to correct, and will do so!

3) For now, it also does not seem possible to withdraw the div rewards in multiple tokens unless you have deposited the said token:

This one also should not be the case, but if something is preventing you from actually submitting withdraws for other currencies please notify us, and we will investigate why that is. The only requirement to withdraw from our platform is that your account must meet certain AML restrictions (Meaning there must be some activity and play).

4) Finally, it is a HUGE disappointment to know that after the mining got to Level 2 yesterday, the mining cost stays at $0.05, instead of increased to $0.1:

I understand somewhat this disappointment, the reason this was the case was due to the withdraw system issues we had through all of stage 1 / level 1, and it created a unfair situation that we felt was best remedied by extending the $0.05 cost through Level 2.

I hope I cleared up most of those for you, and please let me know know on those two if we need to investigate into those. I will look into the first one (where it won't let you play with your rewards).

Thank you!
copper member
Activity: 70
Merit: 10
Owner Of Betgalaxy.io Profit-Sharing Casino
Greetings Cosmonauts!

We have our first post-launch update to bring you!

With over $250,000 in dividends, and growing, we are off to a very nice start!

We have deployed several updates over the past few days that were taken in from community and player suggestions.

✅ Updates Made

- Withdraw system is 90% operational, and the inoperative currencies have their deposits disabled. Most withdraw requests are processed within one hour. Soon we will be setting two currencies for full automatic processing for most withdraws, we will announce which two currencies these are in the near future.

- Added additional information and statistics on the dividend page:
    • A second progress bar to display the current level's progress (previously we had one progress bar for the entire stage)
    • Added Theoretical COSMO value to display the estimated amount of funds users will receive from dividends before their COSMO has fully decayed.
    • Tweaked the red/green coloring of the pools within the dividend pool. Now positive pools will pulsate green, and negative pools will pulsate red.
    • Fixed and added back the dividend history at the bottom of the dividend pool page. Both for individual statistics, and global.
    • Added Dividend FAQ section.


We are working on several more small improvements like this to push out over this week, as well as a few exciting things we want to announce Smiley

🚀 Coming in Hot

- Daily $500 Slot Races
- Exclusive 5 day promotional opportunity (details will be revealed later this week)

🎟 250 GLXY Promotion
This promotion has now closed, all users who qualified for this promotion will be credited over the next 72 hours.

Our ship is sailing in the correct direction! Let's keep it up and do what many questioned if we would be capable of. Our time to shine has arrived, let's seize it.

🎩ADMIN🎩
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