Topic: BetKing.io is a blatant scam operated by Dean Nolan - page 18. (Read 31064 times)

I believe the standard license is a one-time fee of 2 bitcoin. FWIW, I don't think it's actually too big of a deal -- all things considered -- copyright violation is pretty minor. Had Dean just said: "I don't believe in copyright law, so I have no intention of following it"  -- I'd probably think it's a reasonable enough position.

However, the whole thing revealed that Dean has absolutely no problems in blatantly and provably lying just to save 2 btc (after supposedly raising millions in an ICO).

And actually, it's how the mini-feud between me and him started. Previously I was on good terms with him, and helped him out with things numerous times. He told me he was using the bustabit code on both the server and client. I recommended to him that he should just follow the AGPLv3 license  (as it's pretty reasonable, and free!) or just pay Daniel for a license. I also said something in confidence like: "if Daniel doesn't realize, you can probably get away it" (although I did emphasis it's best to do things legitimately).

Then Dean went behind my back, and misrepresented what I said and lied about me telling him he "can do it". (something that even if wasn't a lie, I wouldn't have the rights to do anyway).

That's when I realized something was _seriously_ wrong. He had no problems provably lying and burning personal relationships just to save a couple bitcoin. A casino is built on a trust, and Dean has proven (now several times over) that he can't be relied on to always be honest or do the right thing. It's no wonder his casino has virtually zero volume left; all the smart money knows to stay far away.

to be fair I had like 11 pending bets after he shut down the bookie , but thing is that I didn't even remember what are the pending bets
contacted dean and he sent me all the bets I made , all of them were settled and paid later

haven't heard anything related to that except from you

Not all investors are on Bitcointalk and not all investors want to publicly engage Dean.

Of course, if we want to believe all accounts then there have been those that play on the new site as well as investors that have complained about the losses incurred through BetKing.

---

I did do the math: even if you took the ICO discount you're still at a ~50% loss from the removal of the buyback. ¯\_(ツ)_/¯

The group of ICO investors that were thinking of taking group legal action against serial scammer Dean Nolan probably prefer to keep their names quiet. And why would investors that made profit and cashed-in complain anyway?

It is the investors and token holders remaining that should complain but those that do not complain here cannot be happy with the fact that serial scammer stole 30 million of the 100 million BKB tokens and they cannot be happy with the fact that serial scammer Dean Nolan used the bankroll funds to buy-back tokens which was completely in contradiction to the ICO promises.

He did that just to sell off his stolen BKB alongside other sellers just to try to hide his scam. And the funds he siphoned-off that were supposed to be used for "marketing and legal etc" was the final humiliation because investors funds were left to near zero.

show me 1 angry ICO investor who is out alot of money .

I havn't seen one($1,000+ loss)


only people i see whining are ones who lost nothing from dean. never got into ico


ifr someone scammed me for $1000+ i would be here everyday till i got it back.


dont see anyone here like that

That would not surprise me because Dean Nolan is a serial scammer and not all victims of his scams will post in these threads to complain.

He has a history of scamming investors and betking users so these types of allegations should not really surprise anybody any more.

are all you guys stuck in 2017. talk about beating a dead horse



guess what. betking had some gamblers today, and yesterday, and the everyday for the last 2 years. and guess what


not 1 person had a problem withdrawing.


ICO's got crazy at the end. everyone who had a ico back when ETH went from $1300 down to $300. lost bigtime





you guys remind me of the trump haters out there. no matter what gotta bash. fake outrage daily.

Dean scammed even more people:

I was told from reliable sources that when he shut down the sportsbook he just took the money from pending bets and didn't pay winning bets.

Game Protect was recently approached by an UK lawyer who is expert for Bitcoin enforcement and we likely can enforce the crypto currencies scam artist Dean Nolan has scammed!

It is very helpful when users from the Pocket Rocket Casino days come along and state that he was scamming affiliates way back even then.

It should work as a reminder to those gullible enough to believe anything and everything that comes out the mouth of serial scammer Dean Nolan that the man has a history of scamming.

The scam was carried out in a particular manner, people definitely lost money if not in one way then in another.

For example, serial scammer Dean Nolan stole a minimum of 30 million of the 100 million original BKB tokens, then wanted to cash them in but the site was not making any profit so he decided to use the bankroll funds to "buy-back" tokens and in the process sold the tokens he stole in order to make himself rich which at the guaranteed buy-back rates was $2,785,800

Yes, he made a minimum of $2,785,800 from the whole $6.5 million the 2017 ICO funds brought in.

Then he made much more from other ways to scam as well.

I absolutely agree with you.

Even though it confirmed serial scammer Dean Nolan has been exposed, threads should remain active otherwise these pathetic types of low-life serial scammers will continue to steal from gullible and newbie investors.

Just because no one lost money, doesn't mean they weren't scammed of their time and potential profits. Offering a fake contest just to drive traffic to the site isn't very honest either.

I should have had around 30-40 LTC profit if I recall correctly from participating in the contest which was reset away.

@rhavar

"I like to relive my former glory. Besides, it's also a bit of a civic service to try minimize the amount of people you can scam in the future."

Lol. We appreciate the community service. Your glory days may still be ahead of you!

I agree. I am not a player or bounty hunter - just an investor in the site. I have no issues with Dean, and the site is doing fine now as it's value increases due to market forces.

If I had to gamble, I bet it won't be long until we are declared shills and therefore "proof" that the site is a scam lol.

Dean has not been an honest operator for a VERY long time.  Much before his first shut down.

(Sorry, had to poke my head in here on that.)

Dean does appear to have some extortionist bothering him, but Dean is a dishonest operator for sure.

I don't think he did. He basically had a decent business, and operated it honestly (to the best of my knowledge) and shut down and returned everyones money.


Then later, he saw the wtf ICO craze and decided he wanted in on some of that sweet cash. So he came up with some phoney reasons for needing money, ICO'd and relaunched. Then he was too cheap to use the ICO money for anything so instead of paying for a bustabit license, pirated the software. Instead of putting money in the bankroll, started accepting separate bankroll investors. And  the relaunched site isn't a viable business, beside it's pretty much is dead (1300 btc wagered total, ~2 of those in the last week) and with such a garbage name.

But hey, Dean's sitting pretty (i bet he net a few million from the whole ICO scam) and just needs to leave his zombie site limping along for a couple years, so he can pretend i was just a normal case of a business-gone bad; and in the mean time he can work on his bitsafe or what ever next ICO he wants to scam people with.

lol i think the investors who have invested a significant amount know what their doing and getting into. I mean they dont have a lot of money by being stupid. I see a lot of assumptions and name calling on the first post. lots of irrational upset feelings. I think smart people know better then to listen to ranting, if you have proof of dean having scammed show it. If all you have is conspiracy theories then dont be slandering dean.

Dean has always been pretty open about everything he does with betking. He answers every question, serious question, in the telegram group that ive been keeping up with for past years.

Agree 100%. If the thread is here and active, people will keep seeing it especially new people like me. When I first saw BetKing I saw good things like how he returned a lot of money in the beginning and how he never scammed.

And then the ICOs started happening. And the broken promises and worse of all the way he turned on his investors. People need to see this and judge for themselves, especially when you have accounts shilling how good the site is, then you know something is wrong. Keep the thread active.

I can't understand why the hell a gambling project does such a thing.

You have a business which is generating profit in every condition. Why act maliciously?