Topic: BETKING: 500 BTC, 2250 ETH & 425 LTC Bankroll Lies - page 7. (Read 1870 times)

No, I advised investors to stay away from the ICO.

How can you say the whitepaper guide was followed through when there is no accountability on part of Dean Nolan to publish anything?

Just take his word for it? No thank you I prefer to take caution because I do not trust Dean Nolan or his Betking website.

I agree with your last sentence. Besides, my personal impression on Betking is a positive one. I had registered there several months ago, participated in a free to enter poker tournament, won over $20 and withdrew it without any strings attached. Although they don't run poker tournaments anymore (or yet?) I still play Roulette and Dice on this site from time to time and I enjoy it. I think they are honest people and they will sort out all their problems eventually, to the joy of their investors.

Many people share your views.

As no "games" were developed why did Dean Nolan have in ICO?

It took a whole year from September 2017 to August 2018 for him to arrange plugged in affiliate games with a company such as Livetable and he only did that after several of us began asking questions about where the ICO funds currently are and where the funds were spent if not on development.

1) 30 million Betking tokens were to be used for development and promotion. Where is the development?

2) 50% of the ICO funds were to be used for the bankroll. The ICO raised over 1000 BTC, over 4500 ETH and over 850 LTC so where is the bankroll?

I see no evidence that those amounts of crypto were ever used for the bankroll or will ever be used for the bankroll. Dean Nolan has been conducting himself with too much secrecy so to save his reputation he should be open about the facts related to the expenditure of investors funds.

I have seen this stuff posted everywhere - did you get burnt by the ICO?

When I re-read the ICO it has basically been followed exactly as promised. It is a shame that it hasn't done as well as it has in the past in terms of volume but there has definitely been no fraud you speak of.

When I look at it compared to the ICO BitDice did, investors are doing a lot better and there has been significant develop of games being added...

me personally I thought that Betking will use the funds raised to develop their own games from the scratches , like at least building a poker software by the devs they hired cause yeah being affiliated with live dealers providers doesn't need money raised since the site takes no risk at all

but you have created enough threads and there is no need to create more threads , I do agree with some of your points but I don't fully agree with all what you post
in general the money was already collected , harming betking will just cause the investors to lose more and more

Now another possible scam regarding Dean Nolan and Betking has come to light.

In the whitepaper he clearly stated 50% of the Betking ICO funds (raised in September 2017) were to be used directly for bankroll, that means at least:

500 BTC
2250 ETH
425 LTC

Does anybody have any proof to show those claims made in the whitepaper were followed through with?

Does anybody remember any games offering the 50 BTC Jackpot? Does anybody remember any games at all where those 50% bankroll figures can be associated over this near one year period the site has been active since the end of the ICO?

Does anybody think adding plugin affiliate games into an average looking website constitutes "development" of the website where the whitepaper stated money from the ICO would be used on "development" but it was just that the site was already complete, there was no real need for "development".

The official Betking thread was locked by Dean Nolan after people began questions about the way he is not accounting for where the money is, how it was spent and why the investors lost out while he became an overnight millionaire. https://bitcointalksearch.org/topic/betkingio-bkb-token-refunds-70k-refunded-so-far-2150057

So were 50% of the ICO funds (over $3.25 million at the time the ICO closed) used in the bankroll? People are saying it was a scam for Dean Nolan to become a millionaire overnight while duping the investors. My opinion does not rally matter in this but people are calling Dean Nolan and his Betking website scam and scammer.

I suppose that will remain until he publishes audits but the allegation people make is he will not do it because it will show him to be a scammer. At the very least he could make those full accounts available to the investors if not to the open public but he has locked the Betking thread and refusing to answer simple questions so I guess that is why people say Dean Nolan is a scammer.