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Topic: BetKing.io Investor REFUNDS (Read 5360 times)

hero member
Activity: 2926
Merit: 722
October 05, 2023, 08:27:00 PM
#37
For any investors who purchased BKB during the ICO in 2017 that may not be in the Telegram group or receive emails.

Quick history:
We launched an ICO in 2017 that raised $6 million.
When we closed the last time, investors still held over $2 million worth of tokens that we were trying to refund but couldn't due to the site not able to turn a profit.
The other investors had sold their tokens in the old buy back program (some made a profit) or were refunded in other ways since then.

We are now in a better place to start refunding the remaining token holders.

The https://betking.io website went live about 6 weeks ago with the purpose of being a convenient place for old token holders to receive refunds.

You can read about the refund process here https://betking.io/token

At this time there is no way for any players to deposit and play.
We don't have time to run BetKing as a casino at this time.

We may open to deposits and add extra games in future if we can find someone to run and market the site.

All BKB holders who had an account and tokens on site after 2019 (after the last software update) are automatically receiving refunds from the pool.

If you have tokens in your own wallet (not on an exchange) or have lost access to your account please email [email protected] for help.
So investors would really be just simply be getting those BKB tokens and not been refunded on the money that the had invested? If Yes, then it would really be that pretty useless considering those coins cant be traded up somewhere or really that actual value.

Basing up on the link given above which mentions;
"BKB are not for sale at this time. BKB can be used to play the Dice game (and other games in future) for a chance to win more BKB. BKB lost while playing games"
https://betking.io/token

So its pointless that they would be getting tokens which they cant really been able to play or make use of those even just wagering into the site
consdering or as mentioned that the site isnt operational as of this moment. So whats the point?
legendary
Activity: 1400
Merit: 1021
September 22, 2023, 05:12:24 AM
#36
For any investors who purchased BKB during the ICO in 2017 that may not be in the Telegram group or receive emails.

Quick history:
We launched an ICO in 2017 that raised $6 million.
When we closed the last time, investors still held over $2 million worth of tokens that we were trying to refund but couldn't due to the site not able to turn a profit.
The other investors had sold their tokens in the old buy back program (some made a profit) or were refunded in other ways since then.

We are now in a better place to start refunding the remaining token holders.

The https://betking.io website went live about 6 weeks ago with the purpose of being a convenient place for old token holders to receive refunds.

You can read about the refund process here https://betking.io/token

At this time there is no way for any players to deposit and play.
We don't have time to run BetKing as a casino at this time.

We may open to deposits and add extra games in future if we can find someone to run and market the site.

All BKB holders who had an account and tokens on site after 2019 (after the last software update) are automatically receiving refunds from the pool.

If you have tokens in your own wallet (not on an exchange) or have lost access to your account please email [email protected] for help.
hero member
Activity: 994
Merit: 502
March 29, 2017, 06:18:49 PM
#35
Will the new launch be open to depositing for investment or will that be through the old ICO?

Lolol think you're funny?
legendary
Activity: 1400
Merit: 1021
March 29, 2017, 05:50:46 PM
#34
Will the new launch be open to depositing for investment or will that be through the old ICO?

It will be the standard old investment feature. Deposit and invest/divest whenever you like.
In multiple currencies.

Awesome, investment will be in your dice games, all your games, or all apps and games?

All apps and all games. Though we're only launching dice at first.
Also not had many test creating apps yet so that might take a while for people to start using.
hero member
Activity: 763
Merit: 500
March 29, 2017, 05:49:12 PM
#33
Will the new launch be open to depositing for investment or will that be through the old ICO?

It will be the standard old investment feature. Deposit and invest/divest whenever you like.
In multiple currencies.

Awesome, investment will be in your dice games, all your games, or all apps and games?
legendary
Activity: 1400
Merit: 1021
March 29, 2017, 05:46:41 PM
#32
Will the new launch be open to depositing for investment or will that be through the old ICO?

It will be the standard old investment feature. Deposit and invest/divest whenever you like.
In multiple currencies.
hero member
Activity: 763
Merit: 500
March 29, 2017, 05:45:20 PM
#31
Will the new launch be open to depositing for investment or will that be through the old ICO?
legendary
Activity: 1400
Merit: 1021
March 29, 2017, 05:32:32 PM
#30
I've heard that BetKing is coming back online on April 1st - correct ? Thanks for info.

We are coming back but not on April 1st.
Some time in April though.

More details here and a preview of the new site https://bitcointalksearch.org/topic/betkingio-ico-47-million-raised-last-week-to-take-part-1842538
full member
Activity: 190
Merit: 100
March 29, 2017, 05:26:22 PM
#29
I've heard that BetKing is coming back online on April 1st - correct ? Thanks for info.
legendary
Activity: 2940
Merit: 1330
March 21, 2017, 07:03:31 PM
#28
From 1st of decemebr all investors will be divested and BetKing will not be crowdfunded any more.

Not for much longer!

Ready when you are  Wink

Lol dude you're so late that BetKing may be coming back from the dead by this point

I think that's exactly what he meant...
hero member
Activity: 994
Merit: 502
March 21, 2017, 10:47:40 AM
#27
Why was risk tolerance lowered to 3x now?
I second that which has not been answered. 4x was already quite low in my opinion. I understand the reason why you don't want users to control their Kelly but you should set a max and leave the user on top of the choice. These are my two cents.

From 1st of decemebr all investors will be divested and BetKing will not be crowdfunded any more.
See the main thread for more details.

Thanks

Not for much longer!

Ready when you are  Wink

Lol dude you're so late that BetKing may be coming back from the dead by this point
hero member
Activity: 491
Merit: 500
March 21, 2017, 09:57:22 AM
#26
Why was risk tolerance lowered to 3x now?
I second that which has not been answered. 4x was already quite low in my opinion. I understand the reason why you don't want users to control their Kelly but you should set a max and leave the user on top of the choice. These are my two cents.

From 1st of decemebr all investors will be divested and BetKing will not be crowdfunded any more.
See the main thread for more details.

Thanks

Not for much longer!

Ready when you are  Wink
legendary
Activity: 1400
Merit: 1021
November 21, 2016, 02:19:41 PM
#25
Why was risk tolerance lowered to 3x now?
I second that which has not been answered. 4x was already quite low in my opinion. I understand the reason why you don't want users to control their Kelly but you should set a max and leave the user on top of the choice. These are my two cents.

From 1st of decemebr all investors will be divested and BetKing will not be crowdfunded any more.
See the main thread for more details.

Thanks
legendary
Activity: 2310
Merit: 1422
November 21, 2016, 02:17:48 PM
#24
Why was risk tolerance lowered to 3x now?
I second that which has not been answered. 4x was already quite low in my opinion. I understand the reason why you don't want users to control their Kelly but you should set a max and leave the user on top of the choice. These are my two cents.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
November 06, 2016, 04:38:26 AM
#23
Not only that, trying to invest into bankroll give me an error, risk invalid.
newbie
Activity: 32
Merit: 0
November 04, 2016, 09:01:19 PM
#22
Why was risk tolerance lowered to 3x now?
legendary
Activity: 2310
Merit: 1422
October 20, 2016, 02:11:21 AM
#21
Nice! I see my self in there and I was wondering why I could not modify the Kelly value but after reding the official thread I got the answer.
I used to play dice on your site once: now I'm on the other side Cheesy
legendary
Activity: 1400
Merit: 1021
October 19, 2016, 10:52:32 AM
#20
Updated investor amounts/profit stats
legendary
Activity: 1043
Merit: 1032
★Bitcoin Gambling Reviews★
September 03, 2016, 10:13:01 PM
#19
Here is our Bitcoin Investment post update - http://bitcoingamblingreviews.com/bitcoin-gambling-investments-112/

Betking.io returns have been by far the greatest so far  Cool
legendary
Activity: 1876
Merit: 1289
DiceSites.com owner
September 01, 2016, 12:35:56 AM
#18
I actually really feel bad for the player, despite that I was slowly losing my investment last few weeks.. but yeh, huge profit day for investors:



Biggest profit spike BetKing has ever seen. If you invested yesterday, you would have had 26% profit in 1 day.
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