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Topic: 🎲EarnBet.io🎲FREE Faucet❗🎲0.5% House Edge🎲100% Decentralized🎲Provably Fair🎲 - page 22. (Read 24606 times)

sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!

I haven't logged to my EARNbet account since they move to WAX but now I can see they are also distributing BNB, WAX, XRP and BCH.  They were not doing it when they were EOSBET.  should just be adding BET to exchange, I think there are cheaper exchange listing like p2pb2b, they are not that popular but I the traders there can add up for its volume.

Earnbet team should definitely think about listing their coins. I want to buy it now to start staking it on the platform but its really hard to get it other than Binance's DEX.

A dumb question may be but what happened to the info on coinmarketcap..?

They should be thinking about this now, as business showed that they are getting participants after that interested investors will follow after seeing a good business ahead, listing to a bigger exchange will help traders and investors to buy and hold tokens for possible passive income with the dividends that being rewarded.
legendary
Activity: 2338
Merit: 1124
The point of emphasis is not the fact that they did it or they did something good. Like I said before I have supported this one and if it was asked to me I would say do it as well, so I am not against it.

However, the feeling of not being decentralized as much as I assumed it was is the real problem. The power they have to do anything they like whenever they want is the real problem here. We can't just say "what has been done has been done, lets move on" when the problem still stands. They still have the power to change the website and the casino whatever the way they want without asking us anything about it, I am not against the things they have done, I am against the way they have done it, they should not posses such a huge power when all of our money and investments are at stake here.
copper member
Activity: 105
Merit: 0
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

I haven't logged to my EARNbet account since they move to WAX but now I can see they are also distributing BNB, WAX, XRP and BCH.  They were not doing it when they were EOSBET.  should just be adding BET to exchange, I think there are cheaper exchange listing like p2pb2b, they are not that popular but I the traders there can add up for its volume.

Earnbet team should definitely think about listing their coins. I want to buy it now to start staking it on the platform but its really hard to get it other than Binance's DEX.

A dumb question may be but what happened to the info on coinmarketcap..?
hero member
Activity: 3038
Merit: 617

I haven't logged to my EARNbet account since they move to WAX but now I can see they are also distributing BNB, WAX, XRP and BCH.  They were not doing it when they were EOSBET.  should just be adding BET to exchange, I think there are cheaper exchange listing like p2pb2b, they are not that popular but I the traders there can add up for its volume.
jr. member
Activity: 288
Merit: 5
Another issue where Earnbet made a decision by themselves without asking anyone. I have talked about this before and I have always supported the idea that a decentralized casino should be in fact a decentralized one, not just in finances but the decision making process as well.

I would like explain that I am not against this one, the more competitions that goes around in earnbet, the more money we could possibly get so I am definitely in favor of competitions, but I was once again not asked about it and the earnbet team themselves sees it fit that they want to do this competition and did it, without any approval from anyone at all. That is why I feel like maybe this place is getting a bit out of hand and that is why I have discontent with it since the finances are shared but the management is not.

Yeah but it's a good start. I understand some fundamental decision will always be made by EarnBet, but I thinks like what is the next new game or coin would be nice to have a say in. Hope they read this need from the community and act on it  Roll Eyes

It's not that such a blocking issue for me as long as they are keep doing good work, but still some involvement in some of these things will be nice.

Altough I'm already very happy there is a 100% provably fair decentralized casino out there now where the actual games are 100% on-chain Cheesy
sr. member
Activity: 994
Merit: 278
A bet holder showing 5 days dividends



Cool, now how much bets is he holding on earnbet or do i have to do maths by myself? It wouldn't be too hard to include that on your screenshot.
copper member
Activity: 105
Merit: 0
A bet holder showing 5 days dividends

legendary
Activity: 2338
Merit: 1124
Another issue where Earnbet made a decision by themselves without asking anyone. I have talked about this before and I have always supported the idea that a decentralized casino should be in fact a decentralized one, not just in finances but the decision making process as well.

I would like explain that I am not against this one, the more competitions that goes around in earnbet, the more money we could possibly get so I am definitely in favor of competitions, but I was once again not asked about it and the earnbet team themselves sees it fit that they want to do this competition and did it, without any approval from anyone at all. That is why I feel like maybe this place is getting a bit out of hand and that is why I have discontent with it since the finances are shared but the management is not.
jr. member
Activity: 288
Merit: 5
I see what you guys mean about the dividends.  I was thinking more about the max supply of BET and burn program they got running.  I was thinking buy now at this low.  Wait for them to burn some more, see the price rise especially if they get more users.  Could be good for 10x pump no problem.  That's what I was thinking.  I need to look some more at the platform again.  Roll Eyes

This might help you: https://blog.earnbet.io/en/earnbet-dividends-permanent-buyback-program

Explains the whole dividends and buyback/burn program including some chart flows to visualize the process.

412 million wagered and 406 million paid out.

Does that mean there is a house edge of around 1.5%?

Do you have any statistics how much has been paid out to investors out of the $6 million earned by the house? e.g. any blog posts or news articles on the subject?

Yes, every house edge is stated on the website per game: https://earnbet.io

copper member
Activity: 105
Merit: 0
LEADERBOARD PAYMENTS COMPLETE!

Congrats to our winners of 1.5 BTC and 50,000 BET tokens! We had a really intense race for our leaderboard, especially in the final days / hours. Can't wait to run another promotion, there is another coming soon, hopefully next week!

Have an amazing weekend EarnBettors!
copper member
Activity: 105
Merit: 0
Yes there's a story from when we reached 4 mil usd that reached viral status try search on google 4mil earnbet.

sr. member
Activity: 980
Merit: 260
412 million wagered and 406 million paid out.

Does that mean there is a house edge of around 1.5%?

Do you have any statistics how much has been paid out to investors out of the $6 million earned by the house? e.g. any blog posts or news articles on the subject?
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
Actually, I think marketing should pivot a little. The games offered are pretty good, but the devs need to lower its HE since the token no longer attracts "investors" to bet. In my opinion, no one wants to collect a WAX token (or a token that needs three years to ROI).

It would be best to treat the BET as the side selling point, not the main one.

I'm pretty surprised that game-protect is still here tho, It shows perseverance Grin
newbie
Activity: 10
Merit: 0
I see what you guys mean about the dividends.  I was thinking more about the max supply of BET and burn program they got running.  I was thinking buy now at this low.  Wait for them to burn some more, see the price rise especially if they get more users.  Could be good for 10x pump no problem.  That's what I was thinking.  I need to look some more at the platform again.  Roll Eyes
hero member
Activity: 1344
Merit: 507
Quote from: EarnShit
The First Player-Owned Casino
Please show the ownership contracts between players and EarnShit?
legendary
Activity: 2884
Merit: 1117
Well you can actually make a case for yourself on estimating how much it is and how much you could potentially make with it all being public information. Right now the price is around 3 cents per bet token, that means when you buy 10 thousand bet tokens you would have to spend 300 dollars (or even a slight bit less). Now, checking on earnbet itself on the website it says under "excepted dividend per 10k bet per week" is around 1.56 dollars.

It means if you make a 300 dollar investment you will recoup it (if everything goes exactly the same) in 192 weeks, or a bit over 3.5 years. After all of this, its your decision to say if you think that is a good investment or not, if you think the dividends will go up or down in the future, all of it is your own preference.
copper member
Activity: 105
Merit: 0
Sock : For every $1 you wager, you will receive 1 point on the leaderboard. The bettor with the most points will win the top prize, with prizes given to our top 15 bettors!
newbie
Activity: 10
Merit: 0
Since my last comment.  I checked this out.  It's kinda cool.  I like their idea.  I like a few things about it actually.
Quick question, Do you guys think the current BET token price is a steal?  I've just been crunching some numbers on it.  It is listed on Binance.org 👌
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