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Topic: BetKing.io is a blatant scam operated by Dean Nolan - page 28. (Read 31310 times)

legendary
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Grin


The scammer now wants to pay bounties to gullible users and newbies to promote the betking scam !
Using unethical dumbasses to promote his fantasy token is the only way how he can find new dumbasses!  Grin

Anyway, if someone is too stupid to put "betking scam" into google, pay the price! Cheesy


Newbies and gullible people cannot be faulted for using a gambling site when they lie and say "most trusted casino"  Roll Eyes

Sure it would be helpful if users researched better and tried to learn about betkinn and any other site before parting with their crypto but that does not always happen.
member
Activity: 114
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Guys, i've browse throuh this thread and i can't find ncriminating evidence of misconduct.
Can someone point me to clear cut evidence that won't leave me with any hint of doubt?
From the first post, i can see that what has been alleged is not happening. price went down, and betking is still up and running.
Low traffic, but still running.
What gives this bad rep your giving to the site ?
hero member
Activity: 1344
Merit: 507
Grin


The scammer now wants to pay bounties to gullible users and newbies to promote the betking scam !
Using unethical dumbasses to promote his fantasy token is the only way how he can find new dumbasses!  Grin

Anyway, if someone is too stupid to put "betking scam" into google, pay the price! Cheesy
legendary
Activity: 2534
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Everything has already started at the ICO. They have completely made ICO unfair. What can you expect from the project, that is not solid and dubious

You expect it to be a scam because Dean Nolan is a major scammer and betking is a major scam



We just launched a new Bounty program. Get BKT rewards for sharing and supporting BetKing.io

Earn rewards for forum and blog posts. Tweets and social media posts and shares as well as inviting friends.

Learn more at https://betking.io/bounties

 Grin


The scammer now wants to pay bounties to gullible users and newbies to promote the betking scam !
sr. member
Activity: 1414
Merit: 271
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Everything has already started at the ICO. They have completely made ICO unfair. What can you expect from the project, that is not solid and dubious
legendary
Activity: 2534
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Scammer owner of betking.io Dean Nolan claims to be working 14 hours a day when all he is doing is chatting to the real coder on skype asking him to follow instructions.

The scammer Dean Nolan thinks the EOS tokens airdrop was a "light bulb" moment for him that will attract "200,000 new potential players".

He has forgotten for his next scam "bitsafe" crypto exchange which failed to take off as nobody wanted to invest, he was closing betking down and moving bkb tokens over to the new scam "bitsafe".

This scammer cannot make his mind up about which scam he wants continue, close or open.

The fool keeps writing "we" when there is no "we". He uses cheap freelance coders to do work for him on very low hourly rates.

 Roll Eyes
member
Activity: 280
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I think the OP has created an early post about betking scam accusations why making another?
Well the evidence you have giving seems reasonable and has shade more light on some areas.
legendary
Activity: 2534
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Is there a lawsuit or something going on? I am sure he can't be just walking around happily without a problem right ?
There should be at least couple of court cases against this type of scamming people issue.

If people do not stop others like dean nolan I can only see a future where everyone keeps on scamming each other on crypto and nobody does anything because "its crypto" and some people will get richer while others will continue to lose their money. Look at him, he is literally trying to resteal peoples money, like you already stole peoples money as it is, now you are trying to get some more? Is that allowed? Like how in the hell is he capable of stealing peoples money and then comeback and say "can I steal some more please?" , I really can't comprehend the justice system sometimes.



There is no lawsuit against scammer Dean Nolan because his betking scam but hopefully there is enough evidence to pass over to the UK Police for them to investigate this pathetic scammer. I have compiled a list of items to pass on to the Police. I am waiting to see if any anonymous users want to send any other information to me which the Police might find useful in the event they interview this scammer and start building a case against him.
legendary
Activity: 3248
Merit: 1160
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Yeah, I wouldn't go near this at all. We've already seen how untrustworthy Dean has been including the most recent scam wager contest he ran and didn't pay out. Just more greedy moves it seems.
They are not a loss in crypto, we have good gambling sites now and there is no sense to still support this site knowing they are scamming people.
You are right, we should not go near to this, we want to enjoy as a gambler and we know we will loss most of the time, but to victim of scams, it's too much.
legendary
Activity: 1736
Merit: 1023
Yeah, I wouldn't go near this at all. We've already seen how untrustworthy Dean has been including the most recent scam wager contest he ran and didn't pay out. Just more greedy moves it seems.
hero member
Activity: 3010
Merit: 794
You can see how BKB holders can actually get BKT a lot cheaper than EOS holders during the switch.

For investors or players who would like to get BKT to stake or use on the new platform you can buy BKB now on the BetKing.io exchange and receive 20 BKT per 1 BKB after the new platform launches.


Is there still someone who do like to invest? I doubt that even past investors of BKB will still have the trust to buy out BKT just for staking. Now theyve tied with EOS platform seems like a very

greedy move once again.
legendary
Activity: 1498
Merit: 1000
Does anyone know exactly what time GMT the snapshot will be taken? or is planned to be, anyways?
legendary
Activity: 1512
Merit: 1041
I know gambling is already a profitable business at it is, I understand exchanges getting "hacked" and that is an issue and I know hackers aim at them. However, gambling is already a profitable business that keeps on giving forever, people (gamblers) literally come to your website to give you their money.

Is there couple that profit off the gambling ? Sure, there must be since it continues this much however most of the people who gamble lose their money because of the house edge and casinos are DESIGNED to make you lose. When that is so obvious and easy to just "be a casino and profit" why would anyone scams their customers I don't know.

Crypto currency is really just a big hot mess right now and everything is chaotic, I just hope that we make sure these type of stuff gets to be less and less in the future.
sr. member
Activity: 924
Merit: 260
Is there a lawsuit or something going on? I am sure he can't be just walking around happily without a problem right ?
There should be at least couple of court cases against this type of scamming people issue.

If people do not stop others like dean nolan I can only see a future where everyone keeps on scamming each other on crypto and nobody does anything because "its crypto" and some people will get richer while others will continue to lose their money. Look at him, he is literally trying to resteal peoples money, like you already stole peoples money as it is, now you are trying to get some more? Is that allowed? Like how in the hell is he capable of stealing peoples money and then comeback and say "can I steal some more please?" , I really can't comprehend the justice system sometimes.
Of a truth we cannot continuously scamming each other using cryptocurrencies market.  Gambling is too risky and people still takes the risk by putting their money and at the end been scam again.  I think it is very unfair and we would not be able to grow in that way.
legendary
Activity: 1288
Merit: 1036
Is there a lawsuit or something going on? I am sure he can't be just walking around happily without a problem right ?
There should be at least couple of court cases against this type of scamming people issue.

If people do not stop others like dean nolan I can only see a future where everyone keeps on scamming each other on crypto and nobody does anything because "its crypto" and some people will get richer while others will continue to lose their money. Look at him, he is literally trying to resteal peoples money, like you already stole peoples money as it is, now you are trying to get some more? Is that allowed? Like how in the hell is he capable of stealing peoples money and then comeback and say "can I steal some more please?" , I really can't comprehend the justice system sometimes.
legendary
Activity: 2534
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Have to agree quite strongly, that is rather criminal. Part of the great thing about crypto is letting dormant stuff exist to whatever in the future.

This pathetic scammer Dean Nolan has other ideas.

He stated that those tokens not used within 6 months of the EOS tokens being issued will be burned and if they are unable to burn them they will not be able to be swapped for the new EOS tokens.

What a disgraceful petty thief scammer Dean Nolan is for using his betking website to scam people.
brand new
Activity: 0
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when you wake up and look at yourself in the mirror, what do you see?  you play on dice-bet leaderboard, seen you. Jolly, if i would make like 10 acc you wouldn't even make it on that leaderboard..
hero member
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Have to agree quite strongly, that is rather criminal. Part of the great thing about crypto is letting dormant stuff exist to whatever in the future.
legendary
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This is a release by scammer Dean Nolan: https://medium.com/@BetKingIO/how-bkb-holders-benefit-from-the-new-eos-airdrop-ee1941d349f8




How BKB holders benefit from the new EOS airdrop
BetKing
Feb 2

There have been some concerns from existing BKB (BetKing Bankroll) token holders that the new EOS token and Airdrop will dilute their share of the profit from the BetKing.io platform.

The main argument is that the new EOS token we are creating, BKT, has 30% of the supply airdropped to EOS account holders on the EOS blockchain and only 10% of the supply shared with BKB holders.

Larger share of BKT supply than it looks

There will be 10,000,000,000 BKT tokens created on the EOS blockchain.

50% of these tokens will be locked and released only as users bet or trade on the BetKing platform.

There are currently over 906,000,000 EOS in circulation and they trade at around $2.50 at time of writing.

There were 100,000,000 BKB tokens created on the ETH blockchain.

However 50,000,000 of these will be burned from BetKings own holdings before the new BKT token is distributed. BKB currently has a buy back price of $0.099.

We can see that EOS holders will receive around 3.3 BKT for every 1 EOS in their account during the airdrop.

BKB holders will receive 20 BKT per 1 BKB they swap.

Meaning BKB holders will receive 6 times the BKT tokens as EOS holders even though EOS trades at 25x the price of BKB.

After 6 months from the launch date, any BKB that has not been swapped for BKT will be burned if held in BetKing wallets or excluded from swapping to BKT if held in a personal wallet.

Any BKT leftover from the initial 10% reserved for BKB holders will also be burned after 6 months reducing the BKT supply.

There will likely be a lot of dormant or inaccessible EOS accounts that won’t be able to claim their airdropped tokens. These will be burned after 6 months if not claimed.

Exchanges and accounts that hold over 250,000 EOS will be excluded from the airdrop and the BKT that would be dropped to them will be burned, further reducing the supply.

This shows that far less than 50% of the total BKT supply will be in circulation on launch.

Larger profit share

Profit share between bankroll providers and BKT token holders is split 50/50 on the new platform and dividends are paid every hour to token holders.

The old platform had only 10% of profit distributed to BKB token holders.

Only BKT holders who have deposited their funds to BetKing and are actively staking them will receive dividends. So no profit is shared to EOS holders who will never claim their tokens.

BKB holders will likely swap for BKT and start staking before anyone else.

A whole new market of players

The new EOS airdrop allows us to reach a whole new audience of players who have never heard of or played on BetKing before.

There are almost 700,000 EOS accounts that will get free BKT in the airdrop.

That’s a large amount of potential new players looking to play with their new tokens, trade or stake them to earn profit from the BetKing platform.

Players have more incentive than ever to play as we have a new feature called “bet mining” where for every bet players make in any currency they will receive BKT instantly to their account as rakeback which can be traded or staked. 30% of the total BKT will be released this way.

We have an hourly leaderboard that pays out BKT automatically to the top ten accounts that earned the most points each hour.

20% of all BKT will be released in promotions like this and in bounties for users who share posts or links via social media to help promote BetKing.

Greater demand

There are a number of reasons why people may want to own or buy BKT.

The main one being to get a share of the profit earned from betting and trading fees. BKT holders get dividends every hour.

BKT also allows bankroll providers to pay 50% of the commission on their profit with BKT.

Traders can also receive 50% discount on trade fees by paying the fee in BKT.

All withdrawal fees can be paid with BKT also.

This gives real use and value to the new token and will help provide liquidity of the token on the new exchange platform.

Summary

We hope this clears up any concerns existing token holders had of dilution and that this explains a lot of the new benefits and exciting opportunities of the new platform by joining the EOS community and switching to the EOS blockchain for our new token.

You can see how BKB holders can actually get BKT a lot cheaper than EOS holders during the switch.

For investors or players who would like to get BKT to stake or use on the new platform you can buy BKB now on the BetKing.io exchange and receive 20 BKT per 1 BKB after the new platform launches.



Just looks pathetic that he raised $6.5 million in the ICO with promises great riches for investors now will be burning tokens if they are unused. Fool.
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