Topic: BETKING & DEAN NOLAN: Disastrous Reputation! Read This Reddit Post. (Read 3028 times)

On a funny side-note, Dean has a locked thread and yet somehow miraculously new accounts keep managing to post in the minutes it's unlocked before Dean locks it again! 

But it's pretty great when Dean uses one of his shill-accounts, and then you can see their post history:

https://bitcointalksearch.org/user/rugbytrader-1025632

rofl.

I kind of feel bad for bitdice.me, I wonder how many shill accounts Dean has used to claim funds 

I hope people divesting from other casinos and gaming websites never make the mistake of joining any bankroll at betking.io I am confident they will not even be tempted

You're going to see a lot of people coming out of the woodwork trying to reclaim the large bankroll investors that are leaving Bustabit. Explains this.

Newbies need to be made aware that Betking is making a comeback and if they invest they will lose their funds and also if they win the chances are they will not receive their winnings !

The "relaunching soon" message which was displayed for many months has been replaced with "Relaunching April 2021"

All the while his own betking.io website still has that "relaunching soon" message.

His reputation is damaged beyond repair but still I hope somewhere along the line Dean Nolan stops to reflect on what impact his actions are having on crypto investors and game players. Getting affiliation fees from links by promoting websites before carrying out due diligence on them is irresponsible but it is just another one of many issues related to him.

Ever since he got greedy when ICOs were the on the scene in 2017 he thought he could return back the bankroll and make more money by going alone using ICO funds. Well he did make more money simply because of millions of USD$ he admitted taking from the 2017 ICO which directly amounted to $3.25 million. None of the funds were spent in the way they were supposed to and with him not being held to account and him publishing no evidence about expenditure it seems the extent of the scam went above the $4 million mark and considering the 2017 ICO brought in $6.5 million it was clear betking was going to fail because Dean Nolan was going to personally pocket $USD millions.

After that he went down the EOS route, created billions of new BKT (betking tokens) and made more money. Then of course he stole the final bankroll and drummed up a story about there being a hack but he never reported it to the police.

All this drama is rooted in events surrounding his greed. It is clear betking failed because when investors has their bankroll returned other casinos and gaming sites took over and betking was never going to encroach on their space and those that invested in the original betking bankroll were also regularly betting there, they were promoting betking to their family and friends too. As soon as the bankroll was returned all those investors took their investment elsewhere and stopped betting at betking.

I hope one day Dean Nolan really does tell everybody how much he scammed from the 2017 ICO (both directly and indirectly) and in 2019 EOS BKT scam, the bankroll exit scam and the Christmas wager scam.

Bump.

Dean was nice enough to spam his mailing list with his affiliate link to Verve Casino, a relatively new site with a horrible rep of slow paying, not paying, refusing to communicate, ect... With open unaddressed scam accusations on the forum, they continued to bump their own thread.

Here's the email:


less than 48 hours later the Casino exit scammed.  Just POOF disappeared.

Nice work Dean.

Oh commee oooon, there is no way he is broke. I get that he is a scam artist and he is a bad person, but he did managed to steal this much money from people, which means he can't be an idiot. He is evil, but not a stupid evil, I think he could be even a very smart evil if you ask me. If I were to steal that much money from people ever (and let's hope my life never becomes that) I would probably put that into smart investments to make it even bigger. You know why? Because most of the time when you steal someones money and get sued and have to pay it back, you get out of it with pretty much white collar jail time.

So, let's say you steal 100 million dollars, you end up paying back 120 million and 2 years in jail and you get out. So if I could have like 100 to 150 million type of increase, I would still have 30 million dollars in my pocket.

No amount of money is too much to gamble away in a very short period of time.  Lose thousands that aren't yours and then millions chasing the thousands.  In my opinion, that's most likely what happened with Dean.  I would be absolutely shocked if he's not broke.

There is no way you can spend THAT much money to luxury life, he has to have some of it to his account for this day. But what we are not really seeing is that, if you are doing something like this to scam people, you are usually not alone, he is the face of the heist but there must have been some other people with him as well, so he had  to keep paying people to stay silent as well, that has to be the biggest portion that he lost.

I really do not think he needs the 200 dollars to claim from bitsler but I agree that it looks like he is doing it as well, so I can't really say why someone who stole that much money would still come in for the extra 200 dollars? It doesn't compute in my mind to get millions of dollars and still try to work hard for 200 more. He is definitely a weird dude.

I would think that he might have squandered all the money into a luxurious life, and he did not thought of it as something sinister because he thinks that he could make another project and make tons of money out of it that he could use to pay his investors. I am dubious whether he still has the money to do more projects, I really doubt that. During that time where he returned 6000 bitcoin to investors, I really cheered for him and that gave me a reason not to completely call him a bad bad man. I really think of it as something like a bad marketing issue that he cannot handle very well. I will just wish him that he learn from his mistakes and move on doing things legit.

Of the maximum $18,000 that Bitsler are willing to put up towards trying to pull in ex-betking players they will no doubt find out very soon that by far the majority of the funds paid out in batches of $200 must have gone to accounts specifically created by and for serial scammer Dean Nolan to pocket the cash.

His tantrums are nothing new but it is interesting to see him attack everybody and anybody that tried to get a word in edgeways. Back in 2017 when he returned back to the forum to create and then steal from the betking ICO, he was already spitting his dummy out claiming he was being asked questions that he did not like.

He definitely was one of those people that suffered from a superiority complex, he always thought he was bigger, better and higher than the rest of us. For him to see his reputation in tatters is something that he rightfully deserves.

Eh, he seems to be rage posting a lot lately.  Definitely not doing himself any favors.

Serial scammer Dean Nolan only posts in the threads and at times that suit his agenda. And what does he normally spout? The same things again and again but it is nothing except failed attempts at deflection and misdirection.

My guess is he gambled and spent it all away, including player funds. The player balance liability was a relatively low number he *thought* he'd have enough equity with his business to cover in a doomsday scenario where he lost all money (Ex: sell Betking assets, start new businesses). Problem is Dean has *always* massively overrated his worth

*Bare minimum* highly negligent. If he does have the intention of paying back everything though - and Bitsler is a start - I wouldn't label him a scammer. I think he's unethical for sure. I'd love for him to post proof and prove everyone wrong, but his refusal to do so looks terrible. I have to assume, reluctantly, that what he describes did not happen.

I do acknowledge you are highly intelligent and nuanced with your thoughts though so I respect your point of view on this. I was the one who wrote the original post on reddit calling out the ICO for being scummy. Dean has and always will be driven by making a buck. It's his *only* purpose. I think in his mind he believes his reputation is salvageable and his name is worth something. I disagree and think that's dumb, but at the same time it's probably the reason people will - hopefully - be paid back.

Thank you for your post. I agree he should be banned from this and other forums.


Yes I agree, he is an unrepentant scammer.


I cannot afford the serial scammer Dean Nolan the same charity that you do. I feel sorrow just for those that he scammed, I feel not even an iota of pity for him.

It has yet to be ascertained whether serial scammer Dean Nolan has actually lost all the funds he stole from the 2017 betking ICO all the way through to October 2019 when he closed the site down.

About his ego, that has been a huge contributor to his downfall. Way back in 2017 when I read about the ICO in the thread I asked why someone who claimed to be a multi-millionaire would be seeking investors when he could just start up the website himself and reap all the rewards of profits for himself. That was when he threw a tantrum and said he was not going to answer questions, I knew this whole scam would unravel one day.

It's all speculation of course because Dean is extremely shady when you ask him for proof of anything. He's extremely hard to talk to because he re-directs constantly and leaves out important details, cherry picking what is easy for him. But, the fact he did run the dice site for years and did return player funds *to me* gives him some level of credibility. I think he would pay out of his own pocket if he could to refund entire player balances. I could easily be wrong. But I don't also want to call him a scammer just yet. I just think he's broke.

I don't think Bitsler team is naive, they are risking their reputation by partnership with Betking

He's recently started the affiliate hustle, betking.io is now affiliate links and he's been spamming sign up offers to a bunch of other sites to betking emails.

I think he's probably broke, most likely gambled it all away and his database is pretty much the only thing of value he's got left.

I wonder if Bitsler is letting him keep affiliate earnings from the players that sign up through his link and take a refund.  Pretty sweet deal for Dean if he's able claim a bunch of the $200 refunds himself + get a cut of anyone that signs up and blows the $200 or becomes a bitsler regular and maybe even repair his reputation a bit.

Believe me, I used to think you were a good person unless you were actually in your shoes but, when you started blaming your investors for the ^failure^ of your tokens? Seriously? Where the fuck did the BTC go? Have you ever come up with the real truth behind your shady stories, huh?


True, but this is also true that it was "2 years ago" and BTC was not the same as it is now. And you took the advantage of looting your investors and didn't even buy back your tokens while just asking other new investors to go for your worthless tokens and trying to make your ICO investors a few more pennies. That's shit. If you didn't have any backup plans on what you were going to do, how you were going to return your investors if (what already happened) something unusual was going to happen?