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Topic: BetKing.io is a blatant scam operated by Dean Nolan - page 25. (Read 31310 times)

legendary
Activity: 1736
Merit: 1023
Not to mention, he's also a serial-liar. Like just today I saw  his post lying about pirating software. I know he's full of shit, because I'm the one who wrote most of that code and it's obviously being used (even before some obfuscation, it literally even had the same debug stuff I was personally using, rofl).


Knowing that, if you want to invest or play -- go ahead. But I do think it's important that people realize they are dealing with a liar and a scammer before they use the site.

Yep, he's also run fake contests that were never paid out as well. Definitely not trustworthy.
legendary
Activity: 2534
Merit: 1713
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So he was just there because of the fact that bitcoin will always be profitable. that's crazy actually. I can't imagine how Dean Nolan even got to people invest in this at all. are people that stupid that they are not even gonna check where their money is actually gonna be used. what if he is going to trade drugs with your money aren't you gonna do anything about it. just stop investing in god damn ICO's its time to stop.


Serial scammer Dean Nolan managed to get investors in to the 2017 betking ICO because at that time betking had a good reputation.

It was a popular site which was running on bankroll from investors that made investors happy with their returns but serial scammer Dean Nolan wanted more profit for himself so he closed down in December 2016 and returned investors money.

Then went down the ICO route in 2017 as it would mean he had control of the funds and there would be no audit... ideal opportunity to siphon-off funds.

The 2017 ICO is not even mentioned or referred to on the betking website  Roll Eyes

Serial scammer Dean Nolan broke almost every promise he made in the 2017 ICO whitepaper. His current side-kick once said this about him:

I wonder where things went wrong. He had such a good website back in the day and I'm really grateful for that. He always was a little miscalibrated but intentions were good. Then something just plummeted off of the deep end during the bear market I guess. GG

He went broke trading alt coins, according to him he was tired of alt coiners making more gains than him so he started trading and he got liquidated for everything, this is not a lie I was told to keep hush but I ain't letting this dude get away with another scam, my 30k is long gone. Now the interesting thing  is to speculate is if he used ico funds to gamble on is bitmmex acc or otc trades. Fromm y point of view since the inception of Ico it seems he is doing everything in his power for it to fail.


Getting employed by serial scammer Dean Nolan must have been a huge step up in the social ladder for BillyBurns because he changed his opinion of serial scammer Dean Nolan and his betking scam website

BillyBurns is officially the biggest fan scammer Dean Nolan has and BillyBurns has the official title of his first job title "side-kick" as well as his second job title "betking chat moderator"

Even after losing 30k (his own admission) he his supporting serial scammer Dean Nolan and his betking scam.... possibly he suffers from a Stockholm syndrome type of illness?

 Roll Eyes
legendary
Activity: 1274
Merit: 1004
So he was just there because of the fact that bitcoin will always be profitable. that's crazy actually. I can't imagine how Dean Nolan even got to people invest in this at all. are people that stupid that they are not even gonna check where their money is actually gonna be used. what if he is going to trade drugs with your money aren't you gonna do anything about it. just stop investing in god damn ICO's its time to stop.
legendary
Activity: 2534
Merit: 1713
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This is too bad to hear, and at this stage where most gambling website are looking for good reputation some others are destroying the one they have earn already, I don't know what the case may be but betking have to come out to clear the air so that they can build confidence in the heart of new users.

As posted in another thread, they cannot come here and clear the air because when they lie they get exposed.

A problem here with regards to betking not having clarity is because serial scammer Dean Nolan and his side-kicks are promoting a distinction between "groups" in the hope to create confusion.

Group 1 consists of those those affected by betking in any negative way:
- ICO investors
- later purchasers of BKB tokens
- current disillusioned holders of BKB tokens or BKT tokens
- bounty participants
- those who had their software stolen by betking and used without consent and used without paying licence fees
- those invited to invest in post-ICO betking when it nearly shutdown as it was failing but were lied to and told it was doing exceptionally well and was a great investment
- previous players who won contests but were scammed by betking and not given their winnings
- previous affiliates who helped promote the website but were scammed by betking


Group 2 consists of:
-current players who bet at betking who might have little, a lot or no information about its shady past


It is normal for those in Group 2 (current gamblers at betking) to pop in and out of betking related threads saying they were able to deposit and withdraw funds with ease. Maybe they had a good game play experience, maybe they have positive comments to post. Some accounts here are no doubt operated by serial scammer Dean Nolan and side-kicks but they can easily be spotted.

As for the Group 1, they have their own reasons for being disillusioned with betking and lay the blame squarely at serial scammer Dean Nolan.

The purpose of the ICO was to make serial scammer Dean Nolan rich at any cost to investors. When he wanted more money for himself after he scammed investors he failed to sell betking and failed to raise funds to launch his "bitsafe" exchange scam, therefore he switched over to EOS tokens trying to airdrop freebies to new users in the hope to drag in 200,000 new users but there are hardly 15-20 users logged in to that site at any time with another 5-10 non-users just on there looking around before exiting.

About those EOS tokens he made sure he was going to make even more money for free from thin-air: "Reserved for Team: 1,000,000,000"

What exactly did serial scammer Dean Nolan do that deserved and warranted him getting 1 billion of the of the 10 billion BKT EOS tokens?

Why on earth did he receive 10% of all BKT out there after he destroyed the reputation betking once built-up?

He decided to unilaterally give himself 10% of all BKT tokens on the EOS platform AFTER he made millions from the 30 million BKB tokens that were in his control that were not for public sale in the 2017 ICO.

Of those 70 million BKB tokens he sold, 50% were supposed to go directly to the bankroll - that was over 1046 BTC, over 4619 ETH and over 856 LTC. The remaining 50% were supposed to be used to help the site with "marketing, promotions, SEO, design development, server costs and legal" but much of those funds were also siphoned-off and diverted to serial scammer Dean Nolan because he never allowed any audit of expenditure to any investor or non-investor. 50% of funds raised did not go to fund the bankroll and the other 50% were not used for "marketing, promotions, SEO, design development, server costs and legal". Where did they go?

Serial scammer Dean Nolan claims he used the bankroll funds to buy back BKB tokens when nobody in their right mind would do that.

Why use the bankroll funds to buy back tokens? Well it was because he could not use the remaining 50% funds which were allegedly to be used for "marketing, promotions, SEO, design development, server costs and legal" because much of them were being siphoned-off and being diverted to serial scammer Dean Nolan therefore the only way he could do it was to use the bankroll funds which any competent business person would tell you that was the worst thing to do but he did it because he did not want to use the funds for "marketing, promotions, SEO, design development, server costs and legal" as it would hit his personal milking-machine.

Serial scammer Dean Nolan who made himself filthy-rich thanks to the millions that poured in from the 2017 betking ICO then went on to ensure he would have staggering 1 billion BKT EOS tokens for himself. There is no "team", it is just him and he hires low cost coders to make modifications for him since he could not code a single piece of code even if he tried.

When its owner and operator serial scammer Dean Nolan tries to show people that betking is a clean business without a shady past, he is not only lying by denying the wrongs of the past but also is presenting more lies in the face of a new narrative he presents to those unaware of the past.
hero member
Activity: 1344
Merit: 507
I understand your point, but to not mince words, Dean is a scammer and unambiguously scammed the original investors to his great personal profit. He literally structured his ICO such that he would make money when crypto prices went up, and lose money when prices went down. When prices went up, he took the personal profit. When prices went down said "lolz, sorry!"


Not to mention, he's also a serial-liar. Like just today I saw  his post lying about pirating software. I know he's full of shit, because I'm the one who wrote most of that code and it's obviously being used (even before some obfuscation, it literally even had the same debug stuff I was personally using, rofl).


Knowing that, if you want to invest or play -- go ahead. But I do think it's important that people realize they are dealing with a liar and a scammer before they use the site.
That is not true!

The BKB fantasy token investment contract clearly states:

Quote
The token value is calculated as:

I + (P /100,000,000)

Where I is the initial token price after the IC0, $0.09286 and P is the total site profit from all games and currencies at the current exchange rate in $.

He simply did not fulfill it and committed the criminal offense of investment fraud!

If the value of the crytpo currencies would have decreased, you can be rest assured that he would have count it for the determination of the BKB fantasy token price.

You can find a collection of his scams here BetKing scam
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
It is funny how the scammer called the $700 of Loyce free if it is from bounty campaign.
Apparently the value of BetKing's token depends on the source where you got it from, and depending on the source it's totally okay to break promises and drop the promised dollar-value by 99%.
It's typical for scammers to keep making up new stories just to get others to join too.
legendary
Activity: 1463
Merit: 1886
I don't think forcefully pushing a tag of scammer for Dean would be a good idea.
Though he still need to explain about the funds he raised in ICO.
Betking seems to be a profitable business at the moment and he has done it fair with the gamblers there.
He could easily buy back the BKB tokens at a good rate in a period of time if the site keeps making a profit.
I'm an old user, BKB holder and a bankroll investor and I still want to believe in betking.

I understand your point, but to not mince words, Dean is a scammer and unambiguously scammed the original investors to his great personal profit. He literally structured his ICO such that he would make money when crypto prices went up, and lose money when prices went down. When prices went up, he took the personal profit. When prices went down said "lolz, sorry!"


Not to mention, he's also a serial-liar. Like just today I saw  his post lying about pirating software. I know he's full of shit, because I'm the one who wrote most of that code and it's obviously being used (even before some obfuscation, it literally even had the same debug stuff I was personally using, rofl).


Knowing that, if you want to invest or play -- go ahead. But I do think it's important that people realize they are dealing with a liar and a scammer before they use the site.
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
I don't think forcefully pushing a tag of scammer for Dean would be a good idea.
Though he still need to explain about the funds he raised in ICO.
Betking seems to be a profitable business at the moment and he has done it fair with the gamblers there.
He could easily buy back the BKB tokens at a good rate in a period of time if the site keeps making a profit.
I'm an old user, BKB holder and a bankroll investor and I still want to believe in betking.
full member
Activity: 602
Merit: 134
bounty manager? contact me: https://bit.ly/2skHgzN
It is funny how the scammer called the $700 of Loyce free if it is from bounty campaign. Bounty participants did work for the project and it maybe called incentive or salary in some way, there is no way to call it free unless there is no work done
legendary
Activity: 2436
Merit: 1804
guess who's back
Anyway, he is referring to LoyceV about the $700 tokens.

Since when does receiving tokens for bounty participation equate to bounty participants receiving them for free?

Bounty participants promote ICOs to receive tokens, they actually work and do not receive tokens for free but serial scammer Dean Nolan always finds a new way with words. He is an utter and total compulsive liar.

better to just ignore him man , site is already dead and as he said he quit bitcointalk for good
IDK how a professional person can say that and IDK what bounty participants who shilled him after the EOS move think about it
so people have to pay for his shitty token in order to claim that they were scammed  Cheesy

any sane person should realize that bounty participants and investors are the same and both are considered legit share holders
full member
Activity: 980
Merit: 114
This is too bad to hear, and at this stage where most gambling website are looking for good reputation some others are destroying the one they have earn already, I don't know what the case may be but betking have to come out to clear the air so that they can build confidence in the heart of new users.
legendary
Activity: 2534
Merit: 1713
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That pathetic fool acting as a mouthpiece for serial scammer Dean Nolan is about celebrating leaving me negative feedback so though he has just won the lottery  Roll Eyes

Anyway, he is referring to LoyceV about the $700 tokens.

Since when does receiving tokens for bounty participation equate to bounty participants receiving them for free?

Bounty participants promote ICOs to receive tokens, they actually work and do not receive tokens for free but serial scammer Dean Nolan always finds a new way with words. He is an utter and total compulsive liar.




legendary
Activity: 2534
Merit: 1713
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Scammer Dean Nolan has re-added the same old "roulette" game that he had from the pre-ICO days....

What a pathetic loser
legendary
Activity: 2534
Merit: 1713
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Considering the license, looks like his recent scam attempt failed! Cheesy


Please elaborate on the latest scam attempt that failed. Which licence?


I misread this....

 Grin
hero member
Activity: 1344
Merit: 507
Considering the silence, looks like his recent scam attempt failed! Cheesy
legendary
Activity: 2534
Merit: 1713
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There was no audit, he never released any information about full expenditure to anybody (not even to investors as he claims) and has complete control over the money and its expenditure without scrutiny.
What did the investors say about no audit?

There was a mention about it some time ago where he allegedly promised audits would take place but regardless if any investor asks about where the funds have been spent and how much remain then he claimed he would tell them BUT he made it clear he would not divulge that information to non-investors and non-BKB token holders.

In his own words he is making no distinction between BKB token holders and investors, in his eyes they are the same that is why I asked LoyceV to ask scammer Dean Nolan for information about the expenditure of ICO funds because he hold over 7000 BKB tokens but scammer Dean Nolan is ignoring him.
hero member
Activity: 1344
Merit: 507
There was no audit, he never released any information about full expenditure to anybody (not even to investors as he claims) and has complete control over the money and its expenditure without scrutiny.
What did the investors say about no audit?
legendary
Activity: 2534
Merit: 1713
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i know  there is something not right about that site. i have dealt with scammers and i know how they opperate. they make you trust them 100% . once they gain your trust, that is when they strike.
btw the site has been offline for sometime


Excellently worded. That is exactly how scammer Dean Nolan behaved in the 2017 betking ICO scam.

He told investors he would guarantee them their profit out of his own pocket even if BTC fell to $1 because he decided to peg the BKB tokens to US$ instead of BTC.

There was no audit, he never released any information about full expenditure to anybody (not even to investors as he claims) and has complete control over the money and its expenditure without scrutiny.
legendary
Activity: 2534
Merit: 1713
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Does anybody have the original whitepaper for the 2017 ICO?
legendary
Activity: 2534
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Damn I'm glad I decided not to go near the ICO now. Will be interested to see if the BetKing guy comes back with a response.

Edit: Did anyone who did invest receive regular updates?


You were one of the fortunate ones, you did not invest therefore you did not get scammed.

No, hardly anybody got regular updates and now the scam has unravelled because betking is nearly dead. Nobody visits there to play, mostly it has 15-20 regular visitors but they mostly go there to use the chat box to gossip and not place any bets.

As for the "betking guy" he is using an alt-user to login and post his propaganda and also has hired a couple of desperate EOS BKT bounty seeking users to do his dirty work here
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