BetKing.io - BKB token REFUNDS - $70k refunded so far - page 26.

favdesu

legendary

Activity: 1764

Merit: 1000

Quote from: BetKing Support on January 06, 2018, 06:16:32 AM

We are adding several new tokens and altcoins to BetKing. These are now available, more will be added. Play now https://betking.io/bet/dice

$bkb (BetKing Bankroll Token)
$omg (OmiseGo)
$trx (TRON)
$snt (Status Network)
$gnt (Golem)
$rep (Augur)
$salt
$bat (Basic Attention Token)
$fun (FunFair)

what about bitUSD - a stable smartcoin?

would make sense to add that in my opinion

BetKing Support

member

Activity: 210

Merit: 11

We are adding several new tokens and altcoins to BetKing. These are now available, more will be added. Play now https://betking.io/bet/dice

$bkb (BetKing Bankroll Token)
$omg (OmiseGo)
$trx (TRON)
$snt (Status Network)
$gnt (Golem)
$rep (Augur)
$salt
$bat (Basic Attention Token)
$fun (FunFair)

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: iluvbitcoins on January 05, 2018, 04:52:40 AM

Quote from: actmyname on January 05, 2018, 04:41:42 AM

Quote from: iluvbitcoins on January 04, 2018, 09:00:46 PM

Is it possible to see the total bankroll of the website?

Previously I thought it was this

But I just realized that's the wagered amount and not the bankroll Cheesy

We can do some calculations to find a profit of:

0.0991 - 0.09286 = 0.00624 ± 0.0001 (error due to rounding)

(0.00624 ± 0.0001) * $100,000,000 = $624,000 ± $10,000 profit

Adding this to the original raised funds, we have ~$7,124,528.48. Give or take some movements in the cryptocurrencies that are in the wallets.

I could very well be wrong with my approach, though. So don't quote me on it.

If we raised a 1000BTC during the ICO, what the hell happened to them o.o

That's why I like to invest only in bankroll investments where profit and losses are calculated based on the coins you invested. We are investing in bitcoin or any other coins by thinking that they may grow but if they convert to fiat for profit and losses calculation then for me, not an attractive investment so I avoided all these casinos ICO investments. If they clearly mentioned before we invest how this model works then we can't blame them now.

BetKing.io

legendary

Activity: 1400

Merit: 1021

Betking back up for betting.

Our leaderboard contest will be extended until Sunday 00:00 UTC

Good luck

BetKing Support

member

Activity: 210

Merit: 11

The BetKing website will be temporarily down due to scheduled maintenance.

We apologise to all our users for this inconvenience.

angrybirdy

sr. member

Activity: 1022

Merit: 277

★Bitvest.io★ Play Plinko or Invest!

Quote from: lite on January 04, 2018, 11:10:11 AM

Quote from: angrybirdy on January 04, 2018, 08:04:55 AM

Dean I hav sent you a PM on betking. I am askinh for the bounty reward you promised for testers/bug finders when you were relaunching thE site.

I don't see you on bug bounty list.(https://docs.google.com/spreadsheets/d/1FPHCKyJlP8sCT6a0voiGZLx3VMTVu19OyedR0aKKa3E)

Hello. I know there were problems with my name being on the list. I informed them on the thread about the difficulties of me retrieving my bounty.betking.io account. But to prove you guys of what I have contributed during the "beta-mode" of the site, here are some of my posts :

https://bitcointalksearch.org/topic/m.19667349
(very first time I offered my service)

https://bitcointalksearch.org/topic/m.19682185
(the translation I made as I assumed I am the one to translate in Filipino, but locked this thread immediately after Dean hired somebody else.)

https://bitcointalksearch.org/topic/m.19666488
(one of the things I encountered during the beta test)

https://bitcointalksearch.org/topic/m.19818747
(another thing I reported)

I even posted the ICO in Filipino in our local forum (pinoybitcoin.org), and tested the site every chance I have.

I have been ignored for the translation(which is my fault for assuming the position without dean's final decision), but I believe I deserve at least the reward I was promised for testing it and reporting stuff I find unusual.

iluvbitcoins

legendary

Activity: 2198

Merit: 1150

Freedom&Honor

Quote from: actmyname on January 05, 2018, 04:41:42 AM

Quote from: iluvbitcoins on January 04, 2018, 09:00:46 PM

Is it possible to see the total bankroll of the website?

Previously I thought it was this

But I just realized that's the wagered amount and not the bankroll Cheesy

We can do some calculations to find a profit of:

0.0991 - 0.09286 = 0.00624 ± 0.0001 (error due to rounding)

(0.00624 ± 0.0001) * $100,000,000 = $624,000 ± $10,000 profit

Adding this to the original raised funds, we have ~$7,124,528.48. Give or take some movements in the cryptocurrencies that are in the wallets.

I could very well be wrong with my approach, though. So don't quote me on it.

If we raised a 1000BTC during the ICO, what the hell happened to them o.o

actmyname

copper member

Activity: 2562

Merit: 2510

Spear the bees

Quote from: iluvbitcoins on January 04, 2018, 09:00:46 PM

Is it possible to see the total bankroll of the website?

Previously I thought it was this

But I just realized that's the wagered amount and not the bankroll Cheesy

We can do some calculations to find a profit of:

0.0991 - 0.09286 = 0.00624 ± 0.0001 (error due to rounding)

(0.00624 ± 0.0001) * $100,000,000 = $624,000 ± $10,000 profit

Adding this to the original raised funds, we have ~$7,124,528.48. Give or take some movements in the cryptocurrencies that are in the wallets.

I could very well be wrong with my approach, though. So don't quote me on it.

iluvbitcoins

legendary

Activity: 2198

Merit: 1150

Freedom&Honor

Is it possible to see the total bankroll of the website?

Previously I thought it was this

But I just realized that's the wagered amount and not the bankroll Cheesy

lite

legendary

Activity: 1400

Merit: 1009

Thanks dean for posting the current standings on wager leaderboard, will try for second position. Cheesy

Quote from: angrybirdy on January 04, 2018, 08:04:55 AM

Dean I hav sent you a PM on betking. I am askinh for the bounty reward you promised for testers/bug finders when you were relaunching thE site.

I don't see you on bug bounty list.(https://docs.google.com/spreadsheets/d/1FPHCKyJlP8sCT6a0voiGZLx3VMTVu19OyedR0aKKa3E)

BetKing.io

legendary

Activity: 1400

Merit: 1021

Code:

Latest leaderboard standings:

user wagered currency
bhanu 1.20092456 btc
Gennady12 1.05694595 btc
mitchellosu 0.66756715 btc
faizymehar45 0.12245037 btc
smoke2much 0.11568799 btc

Gennady12 8.56150947 eth
CocaCola23 1.4697 eth
Stretchdem38 1.04185 eth
dogedigital 0.3538 eth
Nori98 0.28662575 eth

Ropes 549 ltc
Gennady12 144.6560532 ltc
actmyname 10.1068191 ltc
amirhl 2.2176 ltc
jamyr 1.15903056 ltc

Gennady12 80029.84738 bkb
patlp 66035.8328 bkb
Lite 28040 bkb
sureillwin 20438 bkb
argos 18600 bkb

angrybirdy

sr. member

Activity: 1022

Merit: 277

★Bitvest.io★ Play Plinko or Invest!

Dean I hav sent you a PM on betking. I am askinh for the bounty reward you promised for testers/bug finders when you were relaunching thE site.

actmyname

copper member

Activity: 2562

Merit: 2510

Spear the bees

Quote from: jpcfan on January 01, 2018, 01:09:17 PM

yep dean did the ICO wrong. he should have sucked it up and pay for marketing.

The problem was with some developers that were not getting things done. You wouldn't heavily market something that's not at its peak, would you? It's like if you were to promote a cryptocurrency that was just the whitepaper and nothing else. (though there are some notable examples...)

jpcfan

hero member

Activity: 905

Merit: 502

I miss dooglus

Quote from: dooglus on December 26, 2017, 07:29:20 PM

Quote from: Samarkand on December 15, 2017, 04:11:09 AM

I could be wrong on this, but basically the BKB tokens could suddenly look like a great investment
if the BTC price would drop sharply?

If the price of BTC drops to 10% of whatever it was at the time of the ICO, Dean's going to need to have 10 times the number of BTC the ICO raised to pay you guys back. Does that mean there's a risk of insolvency?

I guess if he really did sell the ICO coins for USD while the price of BTC was high then it's OK, because he can buy back cheap BTC to pay you back. But if he's holding them as BTC still then it seems like a risk.

It's unfortunate that the tokens aren't valued in BTC rather than USD so that investors can benefit from rises in BTC price.

yep dean did the ICO wrong. he should have sucked it up and pay for marketing.

alex with bitdice ICO did it correctly and now their coin is up 100% so far

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: BetKing.io on December 31, 2017, 01:33:39 PM

E.g. "max win" is the maximum profit you can make in one bet, does that confuse people?

If it is the max profit, why not label it "max profit"? Especially since you already label the profit value as being "profit". It is confusing to use two different words for the same concept.

I think of it as the "win" is the "stake" plus the "profit". ie. you win your stake back, but the stake isn't part of the profit.

jamyr

sr. member

Activity: 1764

Merit: 373

<------

Quote from: BetKing.io on December 31, 2017, 01:33:39 PM

Do you think the dice game looks too complicated or could be better explained or improved in any way?

E.g. "max win" is the maximum profit you can make in one bet, does that confuse people?
Or the wagered/bets stats, should that be removed?
Profit box is the amount of profit a player is expected to win on their bet (based on bet amount and chance/payout), is that confusing?

This is pretty much how BetKing dice has always been and roughly the same as any other dice site. But doesn't mean it can't be improved. Any thoughts/ideas?

I think the "wagered" stuff is not really essential to put on the main page as well as the "bets".

And "Bitcoin Dice"(https://prnt.sc/husk4k) showing even though I am playing with LTC, ETH and not bitcoin.

BetKing.io

legendary

Activity: 1400

Merit: 1021

Ethereum, BKB, OmiseGo (and any future token) withdrawals are now instant* and auto!

*subject to funds in hot wallet which I'll top up regularly

Happy new year

BetKing.io

legendary

Activity: 1400

Merit: 1021

Do you think the dice game looks too complicated or could be better explained or improved in any way?

E.g. "max win" is the maximum profit you can make in one bet, does that confuse people?
Or the wagered/bets stats, should that be removed?
Profit box is the amount of profit a player is expected to win on their bet (based on bet amount and chance/payout), is that confusing?

This is pretty much how BetKing dice has always been and roughly the same as any other dice site. But doesn't mean it can't be improved. Any thoughts/ideas?

BetKing.io

legendary

Activity: 1400

Merit: 1021

You can now bet with OmiseGo on https://betking.io

So you have the choice of Bitcoin, Litecoin, Ethereum, OmiseGo and BetKing Bankroll Tokens(BKB).

Good luck!

actmyname

copper member

Activity: 2562

Merit: 2510

Spear the bees

Quote from: DARKANGEL6415 on December 30, 2017, 11:54:04 AM

The old jackpot system that i read on like 3 weeks ago was kind off. I cant imagine people hitting same rolls 2 times in a row. Maybe in real life but mot digital dice rolls.

It's all arbitrary, ain't it? I would trust provably fair systems way more than I do brick & mortar casinos. You cannot verify that your gambling was entirely fair at live casinos (which have higher a much house edge, by the way).

And besides, would you rather aim for a jackpot when the house edge is 1% or when the house edge is 20%?

Topic: BetKing.io - BKB token REFUNDS - $70k refunded so far - page 26. (Read 27684 times)