Pages:
Author

Topic: BetKing.io - BKB token REFUNDS - $70k refunded so far - page 46. (Read 27684 times)

legendary
Activity: 2940
Merit: 1333
now multiply this with households of 10 people.

That's the problem right there. Are two people allowed to play if they're in the same household or not? It still hasn't been made clear. Can a husband and wife both claim the bonus? Only if they play on different computers? Only if they're separated and live in separate places? When there's a risk that some unwritten rule can be deemed to have been broken and funds confiscated by the house it's not worth the risk of trying.
full member
Activity: 173
Merit: 100
Also an investor in BK

Big fan of stopping scammers stealing money by abusing and cheating.  Surprised others don't think that way, but to each his own.  Fiat casino's go much further to stop cheaters (i.e. http://www.huffingtonpost.com.au/2016/12/19/phil-ivey-ordered-to-pay-back-14-million-for-cheating_a_21631160/).  

If investors in BK want out - i'm happy to buy their tokens at a small discount.  I'm in the discord with the same name.

 

Phil Ivey did not cheat. He made an advantage play that was unfarily penalized (in some places).

The casinos happily accomdated his request to use a certain deck and it's up to them to protect the integrity of the games. If they didn't want him to play with a certain deck (the deck was not tampered with, and was provided by the casinos), they could just have denied him the play. 



Way to miss the point.
legendary
Activity: 930
Merit: 1010
Also an investor in BK

Big fan of stopping scammers stealing money by abusing and cheating.  Surprised others don't think that way, but to each his own.  Fiat casino's go much further to stop cheaters (i.e. http://www.huffingtonpost.com.au/2016/12/19/phil-ivey-ordered-to-pay-back-14-million-for-cheating_a_21631160/).  

If investors in BK want out - i'm happy to buy their tokens at a small discount.  I'm in the discord with the same name.

 

Phil Ivey did not cheat. He made an advantage play that was unfarily penalized (in some places).

The casinos happily accomdated his request to use a certain deck and it's up to them to protect the integrity of the games. If they didn't want him to play with a certain deck (the deck was not tampered with, and was provided by the casinos), they could just have denied him the play. 

full member
Activity: 173
Merit: 100
Also an investor in BK

Big fan of stopping scammers stealing money by abusing and cheating.  Surprised others don't think that way, but to each his own.  Fiat casino's go much further to stop cheaters (i.e. http://www.huffingtonpost.com.au/2016/12/19/phil-ivey-ordered-to-pay-back-14-million-for-cheating_a_21631160/). 

If investors in BK want out - i'm happy to buy their tokens at a small discount.  I'm in the discord with the same name.

 
copper member
Activity: 2562
Merit: 2510
Spear the bees
Just checked back on the site and found the new x100 wager promotion. Just want to be clear on the rules before I deposit: what does the 0 edge mean? I saw that the dice edge on x2 payout was still 1% (49.5 win chance). Will this adjust to a 50% win chance on x2 if we claim the deposit bonus? And this works for all currencies equally, correct?
It's a 0% edge because with a 1% house edge (the base dice game itself) there is a statistical return of 0.99 for each given bet. Since this promo requires you to wager 100x your deposit, you are expected a return of 0 for the game after wagering that amount but are also given your deposit back. Thus the two cancel out and you have a return of 1.
legendary
Activity: 1400
Merit: 1021
Latest updates:
- fixed autobet issues where it would randomly stop
- stats page https://betking.io/stats
- Menu on top right of homepage fixed on phones
- fixed 2fa dialog issue on private message window
- mods now show red user name in private messages
- admin tools

newbie
Activity: 16
Merit: 0


1) Never happened.
2) The people in this forum know that I, Dean, run this account, I am the owner of BetKing and was having a direct conversation so it would be weird to write "we" or anything else. This is how I speak.
3) I am stopping someone stealing MORE money from me, big difference.

"Should't we /the investors/ to have the last word about the site development and path?!"
No. Token holders have no share in the company or voting rights.
Oppinions and recommendations are however always welcome.

If you are really a token holder it seems weird that you would give trolls ammo in this forum with your comment even though everyone else who posted has shown support for my decision.








wtf, you're replying to this seriously? I think you should prevent people from stealing the bankroll (which we, investors, all paid for). So i'm glad you blocked it.

Anything about the token yet, bkb?

Exactly. I'm going to stay off these forums I think Smiley

The tokens should be distributed this weekend. It's long slow process to audit but needs to be done.
Even after tokens are credited you will be looking more at next week before you can withdraw.

I thought about allowing you to tip them to others on the site as a form of exchange but you would need to trust the other person as there's no escrow service.

Thanks. You shouldn't be defending yourself for your actions in favor of the users/investors. If you stop posting at the forum could you atleast open something as a support box on the website?

Thanks again for all your effort.
legendary
Activity: 1400
Merit: 1021


1) Never happened.
2) The people in this forum know that I, Dean, run this account, I am the owner of BetKing and was having a direct conversation so it would be weird to write "we" or anything else. This is how I speak.
3) I am stopping someone stealing MORE money from me, big difference.

"Should't we /the investors/ to have the last word about the site development and path?!"
No. Token holders have no share in the company or voting rights.
Oppinions and recommendations are however always welcome.

If you are really a token holder it seems weird that you would give trolls ammo in this forum with your comment even though everyone else who posted has shown support for my decision.







wtf, you're replying to this seriously? I think you should prevent people from stealing the bankroll (which we, investors, all paid for). So i'm glad you blocked it.

Anything about the token yet, bkb?

Exactly. I'm going to stay off these forums I think Smiley

The tokens should be distributed this weekend. It's long slow process to audit but needs to be done.
Even after tokens are credited you will be looking more at next week before you can withdraw.

I thought about allowing you to tip them to others on the site as a form of exchange but you would need to trust the other person as there's no escrow service.
newbie
Activity: 16
Merit: 0


1) Never happened.
2) The people in this forum know that I, Dean, run this account, I am the owner of BetKing and was having a direct conversation so it would be weird to write "we" or anything else. This is how I speak.
3) I am stopping someone stealing MORE money from me, big difference.

"Should't we /the investors/ to have the last word about the site development and path?!"
No. Token holders have no share in the company or voting rights.
Oppinions and recommendations are however always welcome.

If you are really a token holder it seems weird that you would give trolls ammo in this forum with your comment even though everyone else who posted has shown support for my decision.







wtf, you're replying to this seriously? I think you should prevent people from stealing the bankroll (which we, investors, all paid for). So i'm glad you blocked it.

Anything about the token yet, bkb?
legendary
Activity: 1400
Merit: 1021
The bonus was 1 per user an you tried to scam for many Bitcoin.

The terms for the bonus were very unclear:

Bonus terms:
[...]
Bonus can only be claimed once
[...]

Is that once per account? Or once per person? Or once per computer? Or once per household? Or once per IP address? Or something else?

You said "bonus can only be claimed once", and despite me asking twice for clarification as to what that was meant to mean you never provided the requested clarification.

I think the most obvious interpretation would be "once per account", since the site wouldn't let me claim twice on the same account, but would let me claim twice on the same computer, from the same household. I don't think it's fair to withhold funds from players who misinterpreted your incredibly vague terms.

It's also very rude of you to call this player a scammer. He wasn't scamming you. He was playing within the stated rules. If you offer stupid exploitable bonuses please don't blame anyone but yourself when people inevitably try to exploit them. Promising a bonus and then refusing to pay it makes you the scammer, not the people trying to claim the bonus.

I didn't reply to you because I had ended the promo anyway so the info didn't matter.

I deliberately did a +ev promo for relaunch to give a little bonus to legist players and old fans of the site.
People who played within the rules liked and appreciated it, got their bonus and withdrew, no problem.

It was clear that I said the promo can only be claimed once.
I don't have to write everything into 100 very specific terms to make it obvous what that meant or to protect myself.

He was a scammer. He took 4 Bitcoin during the promo and I let him withdraw it.

THEN I changed the backend to limit it better and he still looked for ways to exploit that for another 4 Bitcoin.
That is obviously then clear cheating or playing not as intended.
He withdrew most of this. I confiscated around 1.4 Bitcoin, so less than 8 and 0.1 deposis don't cover the 8.

I didn't come back after 8 months to argue with you or anyone in this forum or to have people steal from me.
Lesson learned and it won't happen again.
But they won't get ther withdrawals and that is the final decision. Coreect decision too. I won't make any other posts about it.

I have a small investment in your ICO, but now I'm seriously considering just to dump it.

Why?

1. You are changing terms in a minutes
2. You are talking about BetKing - like a real king "I had ended", I I I I
3. You are confiscating money??

Should't we /the investors/ to have the last word about the site development and path?!


1) Never happened.
2) The people in this forum know that I, Dean, run this account, I am the owner of BetKing and was having a direct conversation so it would be weird to write "we" or anything else. This is how I speak.
3) I am stopping someone stealing MORE money from me, big difference.

"Should't we /the investors/ to have the last word about the site development and path?!"
No. Token holders have no share in the company or voting rights.
Oppinions and recommendations are however always welcome.

If you are really a token holder it seems weird that you would give trolls ammo in this forum with your comment even though everyone else who posted has shown support for my decision.





gon
sr. member
Activity: 460
Merit: 251
The bonus was 1 per user an you tried to scam for many Bitcoin.

The terms for the bonus were very unclear:

Bonus terms:
[...]
Bonus can only be claimed once
[...]

Is that once per account? Or once per person? Or once per computer? Or once per household? Or once per IP address? Or something else?

You said "bonus can only be claimed once", and despite me asking twice for clarification as to what that was meant to mean you never provided the requested clarification.

I think the most obvious interpretation would be "once per account", since the site wouldn't let me claim twice on the same account, but would let me claim twice on the same computer, from the same household. I don't think it's fair to withhold funds from players who misinterpreted your incredibly vague terms.

It's also very rude of you to call this player a scammer. He wasn't scamming you. He was playing within the stated rules. If you offer stupid exploitable bonuses please don't blame anyone but yourself when people inevitably try to exploit them. Promising a bonus and then refusing to pay it makes you the scammer, not the people trying to claim the bonus.

I didn't reply to you because I had ended the promo anyway so the info didn't matter.

I deliberately did a +ev promo for relaunch to give a little bonus to legist players and old fans of the site.
People who played within the rules liked and appreciated it, got their bonus and withdrew, no problem.

It was clear that I said the promo can only be claimed once.
I don't have to write everything into 100 very specific terms to make it obvous what that meant or to protect myself.

He was a scammer. He took 4 Bitcoin during the promo and I let him withdraw it.

THEN I changed the backend to limit it better and he still looked for ways to exploit that for another 4 Bitcoin.
That is obviously then clear cheating or playing not as intended.
He withdrew most of this. I confiscated around 1.4 Bitcoin, so less than 8 and 0.1 deposis don't cover the 8.

I didn't come back after 8 months to argue with you or anyone in this forum or to have people steal from me.
Lesson learned and it won't happen again.
But they won't get ther withdrawals and that is the final decision. Coreect decision too. I won't make any other posts about it.

I have a small investment in your ICO, but now I'm seriously considering just to dump it.

Why?

1. You are changing terms in a minutes
2. You are talking about BetKing - like a real king "I had ended", I I I I
3. You are confiscating money??

Should't we /the investors/ to have the last word about the site development and path?!
legendary
Activity: 1400
Merit: 1009
no affiliate program? a shame Cry
I think dean had said there will be an affiliate system soon.
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
Just checked back on the site and found the new x100 wager promotion. Just want to be clear on the rules before I deposit: what does the 0 edge mean? I saw that the dice edge on x2 payout was still 1% (49.5 win chance). Will this adjust to a 50% win chance on x2 if we claim the deposit bonus? And this works for all currencies equally, correct?
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
You are in the right if he has been using multi-accounts to use what was a pretty generous bonus.
I have already quoted the OP which is unedited for 4 days and it clearly states it can only be used once.
I support your move  Smiley
Positive EV bonus is there for a reason, and it's not for someone who's going to exploit it to get it all for himself.
sr. member
Activity: 505
Merit: 250
no affiliate program? a shame Cry
legendary
Activity: 1400
Merit: 1021
The bonus was 1 per user an you tried to scam for many Bitcoin.

The terms for the bonus were very unclear:

Bonus terms:
[...]
Bonus can only be claimed once
[...]

Is that once per account? Or once per person? Or once per computer? Or once per household? Or once per IP address? Or something else?

You said "bonus can only be claimed once", and despite me asking twice for clarification as to what that was meant to mean you never provided the requested clarification.

I think the most obvious interpretation would be "once per account", since the site wouldn't let me claim twice on the same account, but would let me claim twice on the same computer, from the same household. I don't think it's fair to withhold funds from players who misinterpreted your incredibly vague terms.

It's also very rude of you to call this player a scammer. He wasn't scamming you. He was playing within the stated rules. If you offer stupid exploitable bonuses please don't blame anyone but yourself when people inevitably try to exploit them. Promising a bonus and then refusing to pay it makes you the scammer, not the people trying to claim the bonus.

I didn't reply to you because I had ended the promo anyway so the info didn't matter.

I deliberately did a +ev promo for relaunch to give a little bonus to legist players and old fans of the site.
People who played within the rules liked and appreciated it, got their bonus and withdrew, no problem.

It was clear that I said the promo can only be claimed once.
I don't have to write everything into 100 very specific terms to make it obvous what that meant or to protect myself.

He was a scammer. He took 4 Bitcoin during the promo and I let him withdraw it.

THEN I changed the backend to limit it better and he still looked for ways to exploit that for another 4 Bitcoin.
That is obviously then clear cheating or playing not as intended.
He withdrew most of this. I confiscated around 1.4 Bitcoin, so less than 8 and 0.1 deposis don't cover the 8.

I didn't come back after 8 months to argue with you or anyone in this forum or to have people steal from me.
Lesson learned and it won't happen again.
But they won't get ther withdrawals and that is the final decision. Coreect decision too. I won't make any other posts about it.




legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
Quote
Bonus terms:
Click claim bonus on the deposit dialog BEFORE you deposit
Bonus can only be claimed once
Min deposit 0.002 BTC
Max bonus rewarded 0.1 BTC
Wager 30x your deposit amount playing dice with 2x payout (49.5% chance) setting
Bonus will be unlocked and added to your balance after you meet the wager requirements.

Last edit on September 4

I'd say once isn't equal to once per account
Therefore, BetKing isn't in the wrong here
But the rules were too vague, when it comes to these things, they need to be explained thoroughly.

IMO -once- is once for me. why should I go for another one if I had such a generous promo?

Dean would be stupid to allow more than once cause it could be 10 or more times easily. just do the maths how much this could cost him if there are some smart low players? just lets take 100 users and they will play slow and low. 100 users with 0.1 deposit  could cost him ~30k usd and now multiply this with households of 10 people.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
Quote
Bonus terms:
Click claim bonus on the deposit dialog BEFORE you deposit
Bonus can only be claimed once
Min deposit 0.002 BTC
Max bonus rewarded 0.1 BTC
Wager 30x your deposit amount playing dice with 2x payout (49.5% chance) setting
Bonus will be unlocked and added to your balance after you meet the wager requirements.

Last edit on September 4

I'd say once isn't equal to once per account
Therefore, BetKing isn't in the wrong here
But the rules were too vague, when it comes to these things, they need to be explained thoroughly.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
we did many no chance to lose promos with +EV for the players and this is just not fair to try to get it more than once

Dean gave a very generous 30x rollover bonus promo and he wrote

-Bonus can only be claimed once-

IMO it is once and I would not try it more than once

IMO once is enough and a very generous bonus promo for every player for a 30x rollover bonus with a max of 0.1 for example

my 2 satoshis



legendary
Activity: 2940
Merit: 1333
Which bonus are you referring to exactly? The 100x roll-over deposit bonus?

I'm referring to the original 30x rollover bonus.

the guy was using a VPN and maybe some other guy used the exact same VPN and tried to do something illegal. Hence why you need to becareful with VPNs.

There was nothing in the rules about not using a VPN so that shouldn't be an issue.
Pages:
Jump to: