Topic: BetKing.io is a blatant scam operated by Dean Nolan - page 16. (Read 31046 times)

I can't wait for BillyBurns to try and defend this one!

Dean's last post on Bitcointalk:
This is something I've seen from many scammers: just keep pretending everything is okay, deny accusations, and hope for new victims to give him more money!

Allow me to speculate a bit: what if he's jailed already? BetKing.io was last online on September 28, and letting the domain expire would make sense if he's in jail since (as far as I know) Dean was running a one-man operation where he pulled all the strings.
There's a flaw in my theory though: the domain name was extended recently, although the site is still down.

Yet another scam trying to steal money from investors, I hope if proven guilty will be jailed for good

This is now at least the third day that betking.io website has been down. That was when I noticed it but it may have been down for many days before that. Since betking has near zero users it was never going to cause a flood of complaints here.

Serial scammer Dean Nolan claimed to be dealing with an emergency and is quoted as saying he "does not have time to fix the site":
https://bitcointalksearch.org/topic/m.52763421

Excluding the sock-puppets, where are betking supporters especially BillyBurns?

Nobody seems to be defending betking or serial scammers Dean Nolan and come to think of it nobody seems to be voicing anger or concern over the website being down for days.

Maybe the investors accepted defeat and maybe the 4 or 5 online users have basically moved on to other gaming sites and casinos.

Any true professional business owner and focused entrepreneur would bend over backwards and meet struggles face-on just to keep the business active but here we are at least 3 days later and the scam betking website is still down.

If any investors would seriously reconsider their position and now want to start legal action action this serial scammer Dean Nolan then I will be more than happy to make a donation and pass on my case file to assist with the claim.

Please read this thread and send me a PM with details. I assure confidentiality: https://bitcointalksearch.org/topic/scam-alert-legal-action-against-dean-nolan-betkingio-5047787

Things went downhill from December 2016 onwards when he closed the betking website after his voluntary and unilateral decision to return the bankroll to investors.

The period of pocketrocketcasino and its transition to betking all that period pre-December 2016 was a golden time for betking but he got greedy. He decided to return bankroll funds to investors because he thought he would make a huge profit simply by using the betking name to seek investors for an ICO rather than share profits with bankroll investors and that was after he tried to sell the website on numerous occasions but failed and his his first attempt at raising ICO funds failed:

https://bitcointalksearch.org/topic/betkingio-for-sale-7100-btc-profit-bitcoin-gambling-site-1676311
https://bitcointalksearch.org/topic/ann-betkingio-ico-bitcoin-gambling-website-5814-btc-raised-so-far-1697106

It was his greed that got the better of him. Sure, by the time the site was up and running after the ICO in September 2017 the investors had not realised that all the game players had abandoned betking and were using Bustabit, Bustadice, Stake and Primedice and some smaller websites. Nobody was interested in betking any more. Not only did serial scammer Dean Nolan siphon-off ICO funds to his own back pocket he also stole funds that the ICO promotional material clearly showed were to be used for designing, promotional, legal and other things.

At no stage were any of the 100 million ICO tokens (70 million were public sale and 30 million for to be retained by betking) supposed to be owned by serial scammers Dean Nolan:

50% of ICO funds (which equated to +500 BTC, +2250 ETH and +425 LTC) were supposed to be used for "marketing, promotions, SEO, design development, server costs and legal"
30 million BKB tokens that betking retained for "ICO bounties, testing bounties, advisors, hiring, future marketing and development"

The serial scammer imbecile slipped up when he admitted he stole the 30 million BKB tokens that were supposed to be retained for "ICO bounties, testing bounties, advisors, hiring, future marketing and development":

https://bitcointalksearch.org/topic/m.20350022

and here an excellent post by marlboroza: https://bitcointalksearch.org/topic/m.44790903

The list of his scam is HUGE but the fact is just the 30 million BKB that serial scammer Dean Nolan scammed at the guaranteed buy-back rate of $0.0928 means he stole a minimum $2.784 MILLION and brought betking to its knees when he deliberately used the ICO bankroll funds to use in the buy-back because he wanted to sell those stolen 30 million BKB.

As for all the other ways he siphoned-off funds by pretending to use them on "developers" and "marketing" shows serial scammer Dean Nolan is and always will be a conniving little thief.

I was warning investors about the betking ICO in 2017 but people did not take me seriously just because serial scammer Dean Nolan returned 6000 in bankroll funds to the people that they belonged t, as though he deserved a pat on the back for that:

https://bitcointalksearch.org/topic/m.20248320
https://bitcointalksearch.org/topic/m.20100892
https://bitcointalksearch.org/topic/m.20104135

paying 20.6
https://chainz.cryptoid.info/ltc/tx.dws?afc07d79a2f2d8958c04820d167c52f9f8efaeda5b47b1cc7519a45307e8021e.htm

Was one of the first players on PocketRockets back when they had Chinese Poker. (6 years ago maybe?)  Dean always seemed like a good guy to me.  Sad to see the crap he's pulled in the last year.

The domain expiring could have been a warning sign!

But if a dumbass was looking to get scammed, the betking.io scam had a nice offer!

I thought they closed down in 2016 because they're ICO crowdsale failed to reach it's 2,000 btc target and I was so disappointed when they closed down.
I didn't know they resumed they're operation and probably it was for the best.

Tthe domain expired:

Well, well, well..... the betking.io website has been down for around 9 hours.

Adding to the situation regarding the website being down for a prolonged period, the last time serial scammer Dean Nolan (owner of betking.io) even logged in to this forum was on: 28th September 2019

Is this the end game for betking and its serial scammer owner Dean Nolan?

There has been no announcement and none of his buddies that backed him up are posting here explaining what is going on

The betking Telegram is dead

At least one user is complaining about not receiving 26.24 LTC that serial scammer Dean Nolan is not releasing

Does anybody have any concrete information about why the website is down?






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Can you stop continuously bumping this thread for no reason?  It helps this scammer... stop with your extortion or whatever you're trying to do by bumping this shit endlessly.

Please.

That is a valid point 

Did serial scammer Dean Nolan ever address this post?

 

4 users logged in

5 visitors (or bots) just browsing

The name is a joke: "betking"

Nothing regal or royal about this trash scam website that was used by its serial scammer owner operator Dean Nolan to scam millions of USD$ from investors that trusted him
 
What happened to the "chat box" in the betking website? What happened to the Telegram channel? The end is near for the betking scam website to close.

This serial scammer Dean Nolan can keep his 78.5% ownership (1.5 billion BKT tokens) of his beloved betking scam that he got to keep by burning over 8 billion of the 10 billion EOS BKT tokens, it will do him no good.

Siphoning-off the $2.785 million he made from the 30 millions BKB he stole from the 100 million that were created in the 2017 ICO did not bring him any success or happiness.

Shame on you serial scammer Dean Nolan

Thank you for your views.

None of the ICO promises that were the foundation of funding betking were adhered to. 30 million of the 100 million BKT were stolen by serial scammer Dean Nolan. Around $2.75 million was the minimum calculated at the time that he pocketed from the scam but the actual true figure is probably much higher than that.

His latest masterstroke was to move over to EOS tokens with billions of BKT set aside for airdrops and promotions in teh hope to bring in 200,000 new users. It did not work, betking is virtually dead. There were a staggering 10,000,000,000 BKT tokens created on EOS. Now, there are just 414,268,058 BKT in circulation and a massive 8,085,731,942 BKT burned. The remaining 1,500,000,000 BKT belong to serial scammer Dean Nolan.

So just to recap, of the 1,914,268,058 BKT remaining which form ownership of betking, serial scammer Dean Nolan alone currently owns more than 78.5% of betking yet when the EOS tokens were launched he owned 10%.

Having said that, once again thank you for stating that in your view betking is not a scam.

There are usually less than 10 people online when I check the website from time to time. Check their traffic stats (https://www.alexa.com/siteinfo/betking.io). betking is dead, it has hardly any traffic at all and the users that once made betking "king" of crypto gaming years ago have long since abandoned it.

Previous and new players have opted to play on stake, primedice, bitsler, bustabit and bustadice as well as other better, safe, scam-free and honest websites.

Good for you.

I take it you were not one of the winners that won 20 BTC +EV during the 2018 Christmas wager content that were scammed by serial scammer Dean and not given their winnings because he accidentally miscalculated the odds then blamed it on the website being hacked then alleged mass fraud before finally admitting he miscalculated the odds and did not want to pay the winnings to legitimate winners.

If you were one of those legitimate winners I am sure you outlook about betking would be different.

Thank you for your need to make that clarification.

That is the same thing serial scammer Dean Nolan spouts but you and he share the same view and you are welcomed to. As for you losing "a bit" if you sold now compared to what you invested in the ICO, it seems you knew what you were getting in to and you are happy with your investment. Good luck to you whether you sell or not.

Hello guys,

I don't really understand why all this is said. I invested in BetKing and I don't feel it as a scam.

The website is running, traffic is increasing and it's probably one of the crypto dice website with best user experience from what I saw.

I bet on it  sometimes but not often, never had any problem :/

Just to clarify, I have nothing to do with Dean and don't know him but just giving my investor opinion.

Up to now, it is definitely not the best investment I made as I would be losing a bit if I sell my BKT's now compared to what invested in ICO, but like any investment it will be worth it only if the website becomes popular and gets lot of action... And you are not really helping in this sense.

Thank you for your post.

The whole world knows serial scammer Dean Nolan is a thief.

The reason for not stopping to call out serial scammer Dean Nolan as a thief is because others new to the situation need to beware. Let us not forget his latest scam was as recent as the Christmas 2018 wager where he scammed winners out of 20 BTC +EV

Other scams include ripping off affiliates, investors and even the Crash software owner. He continues to use that software on his betking website without even paying the one-off 2 BTC licence fee.

I heard from very private sources that a group class auction against serial scammer by investors was on the cards but that was withdrawn to give more time to see if this imbecile thief can "turn things around" but I hope they do take this serial scammer to Court.

As my case file I have not submitted it to the police department (Sheriff) Scotland, UK because I am just hoping to find one elusive piece of information. If I get it I will send the file and ask them to investigate this thief serial scammer Dean Nolan but the decision will be theirs: https://bitcointalksearch.org/topic/scam-alert-legal-action-against-dean-nolan-betkingio-5047787

Feel free to show me proof of funds being stolen or ripping people off.

There's even 2 investors who left trust on my profile saying that I didn't.

You can't find any investors who are claiming I stole from them. There's no players reporting that I've ripped them off either.

I think issue with telling everyone betking and dean is a scam is that it has been said so many times now. Nobody claims that ICO was a good deal, they literally ripped people off from it, the investors lost because of Dean and there are tons of other reasons that Dean basically stole money from people, it was literally stealing, he is a thief.

However, for how long can you call someone a thief and a scammer and just keep going like that? He still has his casino, he still runs it, the casino itself is not that great and not doing so well but at least it is still running and nothing changed for him.

Maybe if you stop then casino will get bigger again and he will steal from people again so maybe keep doing this might help people be more aware about the situation but I think if that is not the case then you can call someone a scammer for so long, what could you possible gain from calling him scam for years? Nothing will change, he scammed and he stole and he got away with it, either we should start a legal proceeding as well or I am not going to be part of it anymore because it got boring to just know that he is a bad person and stole money but still living free doing whatever he wants.

I too am happy the user was saved from losing money in betking but it will be hard for serial scammer Dean Nolan to steal from investors or game players more openly now because he has so much negative news about him and betking.

The website is still running but there are no real users and no real traffic.

I had no idea about the Primedice hack issue and never heard of the user that exploited it. How much did he walk away with?

As for serial scammer Dean Nolan you are right, he is happy to scam others but would not want to be scammed himself.