Topic: BetKing.io Relaunch (Read 1638 times)

Dean just get new level of cringe, he scam people to get reff's xD
Promise 30$ when you click to his link and you got daily reload 1$ x 7days xD
I can imagine how poor he must be now, how it is even possible...

Nothing to be curious about, companies can lift companies, and It doesn't matter whether they are competitors or not, when a company falls, it's no longer a competitor to the other, but if the standing company is a good and caring one, it can assist the fallen one to rise.

What am thinking happened is that maybe Betking has reached out to stake, and stake has asked Betking to bring its customers over to stake, then stake now has a special commission(something far bigger than the normal commission from stake's affiliate program) for Betking in order to enable them payoff investors that they owe.

In response to that, I will use a quote from one of your work colleagues, which I believe is highly appropriate here.

I was curious how long has it been since they closed the Betking and I was wondering how are they going to pay their previous investors if they closed the Betking already. Anyway that's not my problem anymore but I'm just curious why they choose to redirect players to Stake?

You are just doing the same thing on your quoted statement the time you made this reply of yours. Dean account last online was January 30, 2022 and he just came back hoping to regain trust of forum user. Betking reputation here is so bad due to there failed ICO while Dean do an exit scam claiming the website got bankrupt. I believe he will not return again any time soon. Maybe he is using other account and operating new startup Casino.

We should stop posting here since this thread should be dead.

And I think he just made a joke so that people like you would have something to talk about and fill the campaign post limit.

I wonder when he will show up here with another story, to laugh at those he scammed a second time. I think he's starting to taking that as a good fun.

To be a casino owner and bother with a referral program and affiliate links is rather absurd. When I look at how many visitors his site receives, it is peanuts! He must be incredibly desperate.

You don't seem to know the story behind this project at all..
This is the second fall of this casino. The first was via an alleged hack. However, everything that happened then and is happening now shows that this is one big scam. If you thought that someone could be cheated by BetKing.io scammers for the third time, then I'm sure you are very wrong.

I personally have had no experience with this site, but this site has been online for a long time, hasn't it? It's not like it's a new site that's packing its bags now. We are sorry to read that so many negative reviews have been written. They will, of course, be based somewhere. Maybe they will launch a new site. I also wonder what will happen to the domain next. Maybe that will be passed on right away but stake.com, their affiliate partner.

Update ... after few days they replied to my email ...
The disappointment remains for so many problems had in the past with this site and for the bad way of treating its customers.
Fun fact, we are replying in a topic called "BetKing.io Relaunch" meanwhile they are completely closing operations....

Don't expect that anything is working behind it. Even if someone makes impression that there is some activity from time to time, I bet they only do it to pretend that they want to give back/work off the embezzled money. And the truth is that this money has long been invested elsewhere.

What do you expect from a casino that has a history of scamming its customers and investors?
The truth is, the scammers don't care who they hurt when they pull of their exit scam.

Do they even have the money to payback if they are already scrambling for peanuts from stake.com's affiliate program? 

It would have been better to warn the players by email that they are closing operations.
Meanwhile I wrote to their email to receive the password/regain access to my account created years ago, but no answers received...

I don't think that they allow players to gamble on their website anymore, although investors and token holders are able to log in, they probably only be allowed to withdraw as stated on their webpage. as for their referral, I doubt they'll pay their old investors through that.

wildan88 probably meant that betking is recommending stake.com.

I have no idea how you guys were redirected to Stake. I tried visit betking but it does not redirect me to Stake, indeed there is a link to Stake but I'm pretty sure it is because the owner of Betking want to make some earning through the affiliate program of Stake. It seems that Dean as the owner of betking want to collect some money for free from the affiliate program only. Dean seems to be given up already with his own casino and decided to stop the casino and prefer to earn money from something else.

It's still good that they are paying previous investors and they are committed to pay them back, it's odd that they are redirecting players to Stake which is their competitor. How are they going to pay back their investors though their referral to Stake?

It is curious that the site is no longer accessible to players. What strikes me even more, however, is that it is currently redirecting to the stake.com site
Could they have entered into some sort of partnership? It's hard for me to imagine that Stake.com would want to partner with Betking.io, as the reputations of the two sites are very different. Or is there another reason why referrals are made?

ya.ya.yo!

Thank you for the information. Keeping what you wrote and what currently shows on the website, it still does not mean it is the end of the betking or serial scammer Dean Nolan. Maybe he will relaunch again in a few weeks time.

From their TG channel:

I'll give you a quick update and history of what happened.

We were the biggest crowdfunded dice site from 2015-2016 (Just-Dice had closed, we were never close to being as big as they were).
BetKing made investors 7400 BTC by the time we closed in Dec 2016.
All investors withdrew their funds with no issues (there was about 6000 BTC in the bankroll at that time, keep that in mind when you hear people say scam, there's proof on here of all investors withdrawing with no issues).

We decided to relaunch in Sept 2017 after doing an ICO. Why? Because an ICO gives us business funds to actually use on marketing and trying to grow the site bigger.
The 6000 btc previously invested couldn't be used for anything except as bankroll to accept bets.

We raised $6 million in the ICO ($1 million of that was put in by me).

Around summer of 2018 there was a huge smear campaign started on this forum, BEFORE anything had gone wrong with BetKing, claiming that the site was a scam.
It was clearly tactical and possibly done by competitors or someone who had lost on the site. Someone with SEO expertise if you look at the old posts. But it did put a lot of players off playing even if untrue.

Unfortunately, by Dec 2018 we had run out of ICO funds for a number of reasons that have been posted elsewhere and that all token holders are well aware of.
What is usually ignored is that token holders actually received over $3 million of the initial investment back by this point.

The smear campaign continued even stronger and investors were divided at this point and it made it almost impossible for us to do anything to actually recover funds.
We tried though. Some token holders even put extra funds in to the bankroll of the site so that we could continue.
Unfortunately there was a hack that lost a lot of these funds too. The code for the version of the site at the time of the hack was developed by hired developers.
However, I still admitted blame for failure to detect the hack either in review or testing.

That gave a lot more ammunition to the trolls/competitors that wanted to see the site die off.
Despite what you read, these people never cared about investors getting their money back. They wouldn't be on the attack as much as they are if they did.

At this time I couldn't see any way out of this or any way that investors would trust the site to put more funds in and felt forced to close in oct 2019 with the promise
that IF (and the trolls made this almost impossible) I were to have success in any other project in future that I would refund them personally (including ICO token holders).

I will point out that no players lost money here. We paid out as much of the balances as possible and then two other casinos helped with refunding some other players via affiliate bonuses.

2 years went past where I had potentially good projects to launch but with no ability to share with anyone to try and get investment or support as I knew the forums could damage any new brand faster than I could build it.

I decided in the end that it would just be better if BetKing was online than off and any profit at all was used to refund old investors even if it took a very long time.

So here we are. The site is online. The bankroll is privately funded by old investors who lost funds either in the ICO or the hack.
The profit made, while small at the moment, has been refunding old investors losses.

All previous token holders have access to a refunds page that shows the amount to be refunded, amounts currently refunded and some plans.
I see no reason for this page to be public considering there is no one on this forum who bought tokens or lost in the hack that hasn't already got access to this page.
All the scam accusation posts are made by people who didn't play or didn't invest and then everyone else just took their word.

We have plans to make the site better in 2022 (sports being one).
The current bonus system is better than all other casinos (50% of all losses/ev back with no grinding levels).
We won't get all old players back or convince everyone to trust the site.
New players will still get put off due to google results and seeing the lies on this forum.

What I find odd is that other sites who had hacks don't get the same treatment. There was a bustabit clone that got hacked and the owner said they would refund investors by taking no commission and everyone was fine with that. When I say the same it's nothing but abuse.

Then there's other sites that did ICO's and actually just stole millions of $ off their investors yet players continue to play at the site even though the owners have been ignoring investors for years and they get only a small fraction of the hate on here as we do.

But, BetKing it's still going and refunding old investors losses despite the hate and lies here and that's all that matters.

Is there actually an update to Betking.io, is the site still active with Bitcointalk players? I read very little about it on the forum. They have been around in the gambling industry for quite some time. If you Google Dean Nolan, a lot of hits will come up. Pretty familiar name. Last post is not substantiated with evidence. Just write that it is a scam is not as a proof.

Can you prove it ? 

If you haven`t noticed - it was a year ago. I think that it does not matter what and how he answered that time. Much more interesting the moment with refuse to pay winning to @popcorngolf. We need some more information, but this is one more moment to be more attentive with this casino.

Why are you harsh against some questions? I know how it feels like when when you are consecutively being asked a refuted questions over and over again, but I don't think you need to be aggressive on question matters. Try as much to politely respond to what you feel like answering and I mean no harm here. Enjoy your welcome here!

have you send ticket ? if does and yet nothing happens  then best to Post the complete details here with proofs as OP is now active again and he might answer you directly.
as they are trying to regain their reputation then try to put complete details also here.
this may help them also about their relaunching and getting back more players from this forum .

I won about 2.6 bnb in the last promotion top wagared and after over one week of playing , betking refuse to pay me the winning , I lose over 1000 USD in other site because the bad morale because of betking always , I ask for refund and enable my withdrawal of winning if the site and team is legit , my account username is adrarbilal

Email [email protected] for more info. You will need to deposit your BKB to be eligible for refunds.

What will be the refund price for each token? And who is eligible for refund? I purchase your token upon listing on exchange after your ICO few years ago, I still have it on my wallet. I'm interested to know if you will refund my token since it loss a lot of value and there's no exchange that accepts it. Good thing I notice your thread while browsing gambling thread. Hoping for your positive response coz I spend a couple of Bitcoin just to buy BKB tokens on exchange.

I think that in such an interesting situation, when it is necessary to revive from the ashes the trust of users that has already been lost once, one cannot do without a guarantor, an escrow?
Why don't you write whether there is an opportunity to attract such a surety or guarantor that a large number of players would really trust?
Yes, you just probably won't find such a guarantor because, like everyone else, he does not trust you too much, given the negative experience in the past, especially since we are talking about large amounts of about $2M.
Write if it is possible to find a guarantor why you do not mark this in your posts?

you are suppose to outrightly tell send users emails that hey i am paying u now and they will respond, not just ask a user to email you. i will be reluctant to email you. cons like you have the potential to scam and re scam

Actually unfortunately no it is not the place.

These claims started by JollyGood in 2018, before we had a hack, before we had ran out of ICO funds.
Since then I have posted in this very forum 100's of times defending and answering all questions and accusations and all that happened was him and his crew and the trolls just started twisting my words, burying my posts, ignoring anything I write, accuse anyone who said anything about getting a refund of being a sock puppet of mine or even an alt.

It's literally impossible to defend against because this shit hole forum allows for this even though it's clearly illegal what has happened to me here now. I'll deal with that in future.

What you have to ask yourself is where are all the hundreds of people I allegedly scammed for apparently millions of $?
Why are these people not posting? Where is the proof from actual investors that I stole funds? There are none. (one guy who got free tokens doesn't count and yes there might be the odd person who wasn't up to date on what was going on, but surely you would expect many people posting about huge losses like that no?

The fact is that almost all investors DO receive emails or chat with me on Telegram and know the plans for trying to refund. There's no need to post anything in this forum since the investors are not here.


 

I think this is quite the opposite. Isn't it ideal for you or your company to solve this on the forum? Then you show your willingness to solve things and you don't hide your own behind proven situations.
This is therefore an excellent opportunity to clean up your house and resolve unsolved cases for victims.

I asked you to email me many times before with your username and you wouldn't do it as you were scared I would ban you for some weird reason. Look where that's got you now.
How am I meant to resolve anything with you if you won't work with me?

Email me. This forum isn't where I resolve these things. Since it's full of trolls and idiots and you are not willing to show me proof you are even an investor.



And how can I "claim"? There's proof on the forum. Work with me instead of fighting against it and you will have a much easier time.

I emailed you and never saw any of my initial investment of 1.5BTC/62626.94092BKB returned. How can you claim to have returned a lot of the originally invested funds?

I was going to delete that with your stupid false accusation.

However you do have a good point.

I have spoke to investors about a 3rd party holding funds, or themselves or a multi sig setup with multiple investors holding the keys.

All 9 investors asked at the time voted for me to hold the funds.

However, I have been thinking of allowing investors to hold funds themselves potentially.

It would mean any proof of funds page for the bankroll would have to list multiple addresses and each investor would need to sign a message proving the funds were being used on BetKing.

The problem though is I now need to trust the investor to send funds when a player wins. They could basically freeroll me and other investors.

It also means needing to ask multiple people to send their % share of that players winnings which could be a lot of hassle if it was to get funds off > 10 people to pay one person.

I could do it where they have to deposit 10-20% of their investment to reduce the back and forth but it still has problems.

Would you accept a third party escrow to hold your bankroll? Otherwise, what is the guarantee that you wont run away with the fund again?

The way old investors will be compensated is as follows.

There will be a public bankroll that anyone can invest new money in to, btc, eth, ltc etc.
We already have some small investors who will invest this way.

The new bankroll investors will be charged commission on any profit, e.g. 25%.

So if players lost 10 BTC (over some period) that means investors would have a profit of 10 BTC.

The house would then charge 2.5 btc (25%) commission on this.

This 2.5 btc will be used to refund old investor losses.

Then each time there is more profit and more commission that commission will also be used for refunds.


Now there is a priority system here.

We will first be using the commission to refund the investors who lost funds they invested in the bankroll when we were hacked. (most of these people also had BKB)

The commission will be split proportionately, so if you had 10% of the lost bankroll funds you would get 10% of the commission.

Once the bankroll funds have been refunded fully we will do the same process but now for BKB token holders where the commission will essentially buy back old BKB.

The price will be $0.09128 per BKB. Meaning all token holders would be in profit after having all their tokens bought back.

Again this will be split proportionately between accounts with BKB on site. (either deposited from own wallet or imported from old account).

This will obviously take some time for everyone to be refunded in full, we're talking over $2mm in total.

We need to attract old players and new ones (mainly not on this forum considering the false claims of scams we have here).

There's a way for old investors or token holders to be paid back faster though.

If you had a bankroll loss or hold tokens and choose to invest in the new bankroll (new funds deposited) then commission you would be charged will go 100% to refunding you.

So for example. If 2 investors were to be charged 0.1 btc commission but one of them had > 0.1 btc worth of tokens or old losses, they would get to keep the 0.1 btc and the other 0.1 would be used to refund everyone else who can't invest in the bankroll.

I think this is the fairest way and gives incentive for investors to invest even a small amount if they can. But it is not required at all.


Hope that clears things up. That's a long post and so if still any confusion let me know

How will you compensate those old investors that still stock and forcefully holding your BKB tokens until now? Will you give them bonus just like an airdrop or some bonus to cover there investment loss since most of us are feeling left behind after the hack and your announcement of bankruptcy.

This is my honest question and I'm still hoping to receive your honest reply.

All the red flags were left by people who did not invest, who did not lose funds and who didn't even play on the old site.

I am not looking to gain back the trust of these people and this forum won't be where we focus on getting players.


EDIT: If you are incapable of reading the original post and then post nonsense claims of scam with no evidence or just waffle on to boost your signature campaign posts you will be deleted. There's already a hate thread (which cencors me funnily enough) that you can post your incoherent ramblings in.

If they market there Casino outside in the forum provably they will get a players there but that's a lot of effort to do since even by here there's no user will promote them and give them a good feedback so in terms of marketing their site for sure they will spend more money just to get a traffic.

Here I doubt they will get players since they already tag as a bad site to try by the gamblers.

There's red warning on top of your thread stating that there's strongly beloved that you are a scammer.
I was wondering how are you going to win back the trust of the forum and your investors? It's good thing that you will give 100% of the profit to pay the previous investors.
But it looks like no one is interested on investing to your casino and for reference when are you planning to relaunch the Betking.io?

The question is who will play if your website is untrustworthy  . Thats the hard thing you need to get back the trust of investors and trust from your own users . You need to gain the trust of players first before you are able to refund the amount lost by investors and it takes more time and effort and explanations.

If the purpose of having this relaunch is to gain respect and trust to your site will be that good but wondering how the people will react and give that trust you've asking easily with any proof to see. The trust that attached with your name and the company will give doubts and that it not lighten up to everyone.

How'd to know that you are serious about solving the issues you've been committed to before? You'll not be saying that easily because people got to know what is the possible ends trusted to someone who got distrusted multiple times. I'm not disclosing this scenario but gamblers will consider somehow in the future if you are consistent enough with the changes that you're hoping for.

I'm just thinking that maybe we will have to wait and see if you can get some profit first and refund all the players or investors who lost money on your site and maybe, just maybe you can get the trust of gamblers again specially in this community.

It will be long and hard journey for you, but if you are really 'sincere' and like amends things and patch everything, then only time can tell. And with that said, I will say that I will be skeptical and not 'trust' your site.

There something fishy here, I do not judged the BetKing.io but their reputation is so bad because of their previous services. Ask your self and your employees first if you can regain the reputation that you lost or not? If yes then you should not be afraid to be criticize by others as long as you will give good service for us gamblers. If not then it is just a waste of time to relaunch the casino that you been coded. And also when you will refund those people who make investment before in you? If you started to refund that then I think it will be a trigger for some people to change their perception about your site again. Let's see if the site will gain customers again or it will have poor review again not only in forum but in all over the internet.

Possible to hire some third party to audit your code though? Are there any separate group to do some stress testing. You can't be the developer and at the same time be the QA because you will be biased on the test cases, test run that you are going to write.

That's why I ask this so that everything will be transparent to you and to your investor as well.

Watching if you can really come back to your business. As you said, you already have investors and you're not asking from anyone here. So maybe, just launch your casino and let's see from there. People will play on your site if they want to. So let's see how you can turn this negative trust to at least neutral in the coming months.

Very good question.

BetKing pre ICO was coded by myself.

After the ICO we hired a number of developers. When developing an update (for eos token support) a bug was introduced by one of the other developers that allowed people to gain access to their server seed and predict the bet results.

This was fixed, and the fix was shown to investors at the time, though it was too late by then.

This new version is again coded by myself only and there won't be any issue with this. No code from any other person will be on the site at all.

The investors who are funding this already know all this and that is why they are even investing at all.

There will obviously be more monitoring (automated and manual) and frequent auditing to make sure there are no other issues but that specific bug that caused the hack before will not be possible.

I know this is a "what if"  question but what happens if the website got hacked again similar to what happened in 2019? how will you pay the new investors then? and what precautions are you going to take in order a hack never happened again on your website? I know questions are pretty generic but it is important. no offence but to be honest I would advise people to avoid your website with all of this uncertainty.

What measures have been put in place in order to make sure what happened before won't happen again and rekt the new investors on the site? With so many negative reviews and bad experiences in the past, I'm not sure a lot of people would be happy to use their funds on their website should it get relaunched. You have to do more than just say you'll refund old losses with the new bankroll commissions. So if you would relaunch, it's best to come up with something better. Also, I would suggest you give a detailed explanation about what happened last time.

OK so it seems there's some confusion there.

The way the site works, as any public investment site, is player losses go to the bankroll investors THEN the site takes a commission as the site profit.
This commission is what will be used to refund old investor losses.

So new investors won't be screwed here. The site works as normal for them.
But instead of me taking the commission I will be refunding old losses with it.
So you should read then as "All My Profit"

Also keep in mind I am not even trying to get new investors. I have investors. This is just an option so that IF we do get new investment then we can cater to highrollers.

So what will be earned by your investors (those who invest in your public bankroll once you relaunch it) if all profit will be used for refunds? So in other words you are trying to get new investors with no chances to earn from what they invest till all past investors are refunded? Long term purpose is indeed good for the house but still there is no guarantee that you will make good profit to refund old investors especially due to your current reputation that will make gamblers worries to spend their money on your site. It makes your chance to get profit is low compared to other normal site with neutral reputation.

That's great to know but I don't think your site will not be earning anything unless someone will invest which I doubt since there's still have some investors that's not been paid yet. Not unless you will use your own money to fund the bankroll of your casino.

I suppose answering the above questions would probably create a fertile soil to have a new betking relaunch if not supported at least not opposed by the community. Following TwitchySeal suggestion can help you boost your trust rating here.
You understand that backing your project with some good intentions is not enough.

Thanks

As stated in the original post, 100% of site profit will be used for refunds. I won't make s single sat until all investors are refunded in full

For now you don't have the money to refund everyone who have lost their money. But what if you made a successful comeback, earn a good profits, what is your plan then? are you still going to pay back those who have lost?

Good luck though, we all know that gamblers here and investors doesn't forgot about how such a big ICO's back then lose everything including investors money, so the question of 'trust' is always there.

I don't know why I am worried.



The red card warning me as legendary here. Seems this is a serious problem.

How did you made $100k in the past 6 months while betking already closed?
And would like to hear what happened with all betking site's profit since it launched until it closed? Have you used all betking site's profit to cover all losses above but it's still not covered yet?

---

I remember at the golden time of betking while lot of whales betting 10,20,40 bitcoins in each bet,but bitcoin still cheap on that time , around $300-$1k.

---

Who knows? Once betking ever had more than BTC6000 as total investment on their site

Seems that betking has a long day to address this query. But let's see how far he will push thru this relaunch? Can he come back in this industry?

I am afraid he is right about this. Who would risk money again after this big fail in the past? We were talking about serious money that customers lost.

Betking Failed ICO from 2017 resulted with investors losing money
Betking Hack in 2019 resulted with investors losing money.
Betking Relaunch in 2020 will probably result in people losing money again, so I don't think you have credits here anymore.
Maybe you just want people to bet and send bitcoins, so you can lock their accounts and coins.

Did you make a detailed post with evidence explaining exactly what happened to the money? Having everything in one single post (how much, how, when, tx ids, etc) would definitely help gain the trust of potential investors. 

What ? You dont have money ? What happened with thousands of btc that your site made couple years ago?
100k$ is nothing for you. I think that big bets on your site was fake but one of my friends lost 300 btc in one sec on your site.

Everyone on the forum knew well about betking.io for its platform and its success. By the time you failed in keeping up the trust of users. This is where everything went upside-down. You've lost $2million out of the ICO. What does that mean, atleast you should've tried to get things on track with the funds left. The loss has happened during the year 2017, by then it was mentioned to be the glorious days. If I'm not wrong surely you could've made the profit out of the ICO, because more number of projects were alive for few weeks time by 2017 and goes off making money.

To gain the reputation back is hard, anyhow you've got some plans of relaunch. Slowly things might change if users gain trust over it.

i can feel the sincerity of yours coming back. though it is hard to gain trust from players but in time, if you will show that genuineness to come back in this industry, i guess you can still get back on your feet. in life, there's always second chance. 

i like the fact that your honest about not being capable of refunding all the remaining people in your list. maybe you can come up with certain type of arrangement that they will be happy to accept it. at least, make your previous investors happy and move on with good spirits. watching how you will progress in this comeback...

That is great of Betnomi but we are just not in the situation where that is possible right now. If I had Bitcoin to refund everyone I would.

I have managed to pay back around $100,000 in the past 6 months hence why the investors are willing to invest again.

But since I can't just refund all myself right now I think taking the approach as some other sites, like ethercrash recently did when they were hacked last week, is by paying back with commission is the best we can do right now.

It would have been better if you fully refunded all those who lost money before starting over again or those who aren't willing investors. Some gambling platforms like Betnomi managed to reversed the negative feedback about them and actually attracted a lot of players (from what I see) but your issue is way worse than them. Best of luck.

Good points

First off, we are not needing or looking for new investors. It's just an option for people who want to use it. I already mentioned we will have a small group of investors who will put up a large enough bankroll to cover bets and pay winnings for almost all players, we just won't have limits attractive to highrollers.

It's also worth mentioning that the people who are investing, some are also people who lost in the old bankroll hack. So that should show you how they feel about the whole situation, how they have felt about the amounts I have refunded so far and how I am trying to handle it.

As said, all actual investors who were effected by the hack, I am in contact with and none of them are the people who have left red trust or posted accusations in the forum.

As for players. Well yes that will be difficult to gain everyone's trust too. However even just today old BetKing players have emailed me asking if I plan to re-open. I get emails like that now and again. So there are old players who look like they will return.
Remember too that very few people lost money, no players. There are less than 20 people left to refund from the bankroll hack.

So in summary, we are not looking to attract new investment, it's there just as an option in case people do want to and that can then allow bigger bets.
We also think enough old players will return to make it worth our time and also provide enough volume that sees investors refunded.

although you have stated that you will be reopening your gambling site and pay the investors i don't think there will be an investors thinking that the previous investors were until now wasn't been able to get paid. i really think you should make another way to pay the previously investors.

I am sure no new investor or player going to use this site because already too many accusations and lost of money for investors is on so he need to clear this all before doing any new thing is very important otherwise most chances its just waste of time for him we have already cases like this many try in this way but have no success because no one want to lost his money in hands of scammers so BitKing relaunch is not good idea here in this community.

Is there any assurance that there's a lot of player that will be playing on your website? Also you have previous accusations and problems with investors do you think the new investors would also think that this may happen to them also and in result they will not be going to invest to the bankroll.

What happened to your meeting to everyone that has been affected?
I'm sure they did agreed partially to what you are promising them, but is that enough for them to trust you again? Well, it's really possible that some people will try again investing to Betking, but as what you just said, only few will.
After all you there are lots of negative feedback because of your history.
It will be a really tough task to regain the trust that has been fully destroyed.

If you really want the trust, then do every means to regain it.
For now, the risk of investing to your site is still high, but yeah it could changed depending on you.

Sounds good. But how you are willing to convince people that they won't lose their money again? Think about users who want to bet why should they use a compromised website with one of the worst reputations ever rather than one of the other good sites in the gambling market. And by making this thread as self-moderated, you insist to warn others that you can't be trusted anymore.
Advice ; use the money you collected from the few investors to refund the lost money from ico then you can maybe get a little bit trust that help you to relunch. For npw, i don't recommend anybody to use your site again .

It says it is a relaunch. Were there quite a few problems on the previous site? There is also a red card on this topic, which is not a good sign. Wasn't it better to start all over again?

Good question, except the totally unnecessary claim that we have stole or would steal, regardless I'll answer anyway.

We have a couple of investors who will seed the bankroll. This will be a small amount but will be enough to cover 80% of player types bets. So there will be no problem paying out any winner at all on the site.
We just won't have big highrollers unless others decide to invest.

What if no people will invest in it?
Then how gonna you pay the Winners at the site?
Or you will just simply stole their money as you did before with your investors?

If you don't have funds to pay to the winners, then how will you clear your past debts?
Yes i can see that you have a good and positive intention of coming back into the Gambling industry, but i am only concerning about the payouts of Gamblers/betters that you need to pay them when they will win bets at the site.

BetKing.io will relaunch before the end of the year.

After closing around one year ago we have decided to re-open and will be going back to the original dice site style that made BetKing the biggest and most popular dice site.

We will have a public bankroll that anyone can invest in. Public chat room for the community and a nice reward system for loyal and new players.

Look forward to seeing you on betking.io soon



Addressing the red trust and scam accusations:

We had an ICO in 2017 that eventually ended up losing investors money (< $2mm out of $6mm raised).

We also had a hack in 2019 that saw bankroll investors lose funds too.

A lot has been written about both of these incidents and a lot of false information is posted on these forums by people who don't know the full story, who were not investors and who did not lose any funds.

It eventually forced us to close with almost no way to refund investor losses.

However I have decided that no matter what is posted about me or the site, it is better that the site is up and running with the possibility of some refunds for investors than not at all.

The fact is, I have spoke with almost everyone who was effected and have managed to make small refunds and payments to them in the past 6 months through earnings and deals in other ventures.

As I have always said that I would refund the losses, I have decided that 100% of the commission the new BetKing site makes will be used to first refund the old bankroll losses and then the ICO losses.

I won't make any money until that is done.

I don't think that is anything an actual scammer would be doing.