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Topic: 🎲EarnBet.io🎲FREE Faucet❗🎲0.5% House Edge🎲100% Decentralized🎲Provably Fair🎲 - page 23. (Read 24606 times)

sr. member
Activity: 994
Merit: 278


Can we see in somewhere that how much did they wager in order to get on the top? Points are not telling anything to me about the wagered amount?
copper member
Activity: 105
Merit: 0
Leaderboard update, FINAL DAY for 1.5 BTC 🔥🔥
A very close, 3 way race for first place and a 0.7 and 20,000 BET token prize!

jaeseong in the lead with 1.46M points, and smilesks with 1.35M points and shortly behind. Our week long first place holder, aigo has fallen to third, but still with a massive 1.08M points!

Who is going to win this leaderboard and take home the 0.7 BTC prize? One of these three bettors, or will be see a dark horse in the final 24 HOURS to win the pot?

Come play now at EarnBet.io !
sr. member
Activity: 951
Merit: 259
There is nothing wrong with moving to other chains because as a business they should concentrate on reducing the operating cost and provide better user experience right now all EOS dapps are facing issues with the EOS main net with many rollbacks and lags (I do hold 40% in EOS). Everyone forgets that crazy mining happened in all dapps during the initial days which drove the dividend payout and the price of EOS was also above $5 or $6 mark at that time so they are pointing out the cumulative payout in dollars.
The problem wasn't changing from eos to something else, the problem was this website is called "decentralized" and everything is transparent but when it comes to making decisions about the casino part they are doing it without asking anyone and they can literally close down the website if they ever want to and you would have no power over it.

They changed the blockchain to something else, were you or me capable of doing anything about it? Did they asked us about it? No, they are planning on a new game, do we have a say in which game they should add, or even add any at all? No. Basically the system in the bet token blockchain where you would get dividends automatically is decentralized and I love that part however I quit because the website is not decentralized at all.

I completely agree that they could have been put forward all those issues they are facing with the EOS and asked for the community opinion on the same. But this doesn't make it a bad casino as some of them are calling. I hope the Earnbet team will hear these and value the community suggestions going forward at least for some if not for all of them. The thing I like about the team is they are very active, innovative, continuously improving the site with features and other performance stuffs along with adaptive changes
hero member
Activity: 2562
Merit: 586
Well as long as they keep building and improving I think its still worth holding on to see what the future bring us. I actually don't care so much about the BET price, I only want dividends to increase over time. Of course I know there is a correlation between the 2.

Sure, but that's the thing, we don't have a clue if the dividends are going to rise or is this project going to die away, or if the devs decide to walk away or if the regulations will shut this down. This is literally a bet when you are placing your buy orders because the sell wall is not ever guaranteed.
The problem is not the fact that we don't know if dividends will be higher or lower, with the addition of buying bet token instead of being forced to gamble for it already happened which could very well may have been the hardest thing for this website and its already gone, so we can look at the past month and still talk about that for the dividends.

The problem for me is the fact that team is capable of doing whatever the hell they want without any problem and that means maybe one day they can even close the website down and we will have nothing to do about it. Don't get me wrong, it would be idiotic to close a website where they make thousands of dollars every month, however the ability to posses such power just disturbs me, it is not truly decentralized until that power is gone totally.
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
Well as long as they keep building and improving I think its still worth holding on to see what the future bring us. I actually don't care so much about the BET price, I only want dividends to increase over time. Of course I know there is a correlation between the 2.

Sure, but that's the thing, we don't have a clue if the dividends are going to rise or is this project going to die away, or if the devs decide to walk away or if the regulations will shut this down. This is literally a bet when you are placing your buy orders because the sell wall is not ever guaranteed.
hero member
Activity: 1358
Merit: 513
Well as long as they keep building and improving I think its still worth holding on to see what the future bring us. I actually don't care so much about the BET price, I only want dividends to increase over time. Of course I know there is a correlation between the 2.

Just to expand on this very briefly, this passive income stream in the form of dividends is a massive bonus if you think about it. Other than acquiring some initial tokens at the start you don't need to do anything, just rely on the team and the rest of the project management people to do their jobs and in the end this will reflect in your account balance. Nice Cheesy
jr. member
Activity: 288
Merit: 5
Well as long as they keep building and improving I think its still worth holding on to see what the future bring us. I actually don't care so much about the BET price, I only want dividends to increase over time. Of course I know there is a correlation between the 2.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
Ah, I miss hanging out on this thread.

I thought there were pumps already in newdex. it seem the price in that exchange is way better than in binance dex. I have been checking what is in newdex and sees BET is paired with WAX in the exchange to which the price is worth $0.06.
At the moment, the price on Binance Dex is better.
If you remember when this coin was still on the EOS chain, trading was much more liquid than today. The price was much higher too.

The price plummet recently team could buy back if they have plans to instead of burning, the supply is only 88M, that low already.
In my opinion, burning is better than the previous buyback scenario since it encourages people to hold the token. Less supply equal to more dividend per share. However, whatever market intervention the team devises, it won't save them if the fundamentals are bad.
hero member
Activity: 3038
Merit: 617
You should follow their announcement channel on Telegram or their Twitter. They launched Blackjack not too long ago and they previewed the new update which looks like staking...

https://twitter.com/EarnBetCasino/status/1223010558489661440

They even revealed the levels you need to have for different rewards, without telling us anything more. I can't tell if that's a good marketing or bad. I think that we would have a real pump for just "Coming next: Staking" -announcement. This one contains even too much information for a teaser. It's almost "sell the news" now.

I thought there were pumps already in newdex. it seem the price in that exchange is way better than in binance dex. I have been checking what is in newdex and sees BET is paired with WAX in the exchange to which the price is worth $0.06. The price plummet recently team could buy back if they have plans to instead of burning, the supply is only 88M, that low already.
sr. member
Activity: 994
Merit: 278
You should follow their announcement channel on Telegram or their Twitter. They launched Blackjack not too long ago and they previewed the new update which looks like staking...

https://twitter.com/EarnBetCasino/status/1223010558489661440

They even revealed the levels you need to have for different rewards, without telling us anything more. I can't tell if that's a good marketing or bad. I think that we would have a real pump for just "Coming next: Staking" -announcement. This one contains even too much information for a teaser. It's almost "sell the news" now.
jr. member
Activity: 288
Merit: 5
EARN WITH EARNBET
Lunar New Year
Time: 1/22 until 2/8 (19:00 UTC)
Win up to 0.7 BTC
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!

Nice challenge, I really like the idea and I hope it attracts a large number of people. I wanted to ask is there something else the team is working on at the moment, I'm asking because I've nt heard anything from this casino for a while and I was wondering why so quiet?

You should follow their announcement channel on Telegram or their Twitter. They launched Blackjack not too long ago and they previewed the new update which looks like staking...

https://twitter.com/EarnBetCasino/status/1223010558489661440
hero member
Activity: 1344
Merit: 507
What is the sense of burning the BET fantasy tokens?

I'll bite; Because less tokens there are, less diluted the dividends will be. Burning the supply also brings more scarcity to it, therefore technically rising the token value, at least in theory.

But the fact you didn't know this, just confirms that you don't know enough to diss this project anymore. Or any crypto project that is...
I know only the fact that the BET fantasy token price did not rise since 5 months, despite burning it!

Source: https://cryptorank.io/currencies/earnbet/price-chart

Your theory does not appear to be applicable if you burn shit! Cheesy
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
What is the sense of burning the BET fantasy tokens?

I'll bite; Because less tokens there are, less diluted the dividends will be. Burning the supply also brings more scarcity to it, therefore technically rising the token value, at least in theory.

But the fact you didn't know this, just confirms that you don't know enough to diss this project anymore. Or any crypto project that is...
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
What is the sense of burning the BET fantasy tokens?

Game-Protect is well known scammer.  He spams these gambling threads hoping to convince someone to pay him to get your losses back.  He'll waste a bunch of your time, and then try to convince you to send him 'court fees' and then ignore you.  Unless you call him a scammer and he has any info on you, then he'll dox you.
hero member
Activity: 1358
Merit: 513
EARN WITH EARNBET
Lunar New Year
Time: 1/22 until 2/8 (19:00 UTC)
Win up to 0.7 BTC
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!

Nice challenge, I really like the idea and I hope it attracts a large number of people. I wanted to ask is there something else the team is working on at the moment, I'm asking because I've nt heard anything from this casino for a while and I was wondering why so quiet?
hero member
Activity: 1344
Merit: 507
What is the sense of burning the BET fantasy tokens?
copper member
Activity: 105
Merit: 0
EARN WITH EARNBET
Lunar New Year
Time: 1/22 until 2/8 (19:00 UTC)
Win up to 0.7 BTC
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!
copper member
Activity: 105
Merit: 0
oday we have burned 1.3M/88M total #BET tokens.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
being "decentralized" is a vague description anyway, and can just mean that the bets are provable in the decentralized blockchain. This being isn't being marketed as DAO.

But what really bothers me more is calling it a "First Player-Owned Casino". That's just deceiving as we don't have any ownership what so ever, we can get the dividends they decide to give to token holders but that's it. And "Player-Owned" is still in the topic!
If you do an on-chain game then you can actually have something to say, without a website, without anything, just a blockchain where it is build just for gambling and people could send money and receive money and make a profit or lose, others could invest into it and then make money in return as well and eventually when it is on an exchange people could sell and buy.

Moreover exactly what earnbet is, literally EXACT same thing but instead of a website that earnbet uses and some one party controls (or even can change the blockchain from eos to something else without asking to us) it will simply be a blockchain system where people can gamble. Kinda like the satoshidice when it first started, it was automatic and you sent money and either you won or you lost, that but built into a whole new blockchain that also has dividend system as well.
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