🎲EarnBet.io🎲FREE Faucet❗🎲0.5% House Edge🎲100% Decentralized🎲Provably Fair🎲 - page 49.

EOSBet

copper member

Activity: 353

Merit: 10

EOSBet is pleased to announce that we have successfully launched the HILO game.

The rules are fairly simple:

- Cards are ranked as in poker, except aces are always low
- You may re-deal until you are happy with your starting card
- Set your wager amount and place your bet to begin
- Predict whether the next card will be Higher/Same or Lower/Same
- At any point, you may "Cash Out" to lock in your winnings.

As with all our games, you can play in EOS, BTC, LTC and BCH. Let’s see who can get the longest winning streak today!

game-protect

hero member

Activity: 1344

Merit: 507

As I already informed, over 95% of the BET fantasy tokens where issued to themselves and now they "buy it back" from themselves and burn it! Cheesy

This will not have any impact to the BET fantasy token price for players who paid 1,5% rake to get it, because the BET fantasy tokens EOSBet issued to itself did not contribute any rake!

Quote from: mu_enrico on August 29, 2019, 10:15:04 PM

According to the EOSBetCasino admin:

Quote

BET tokens will be transferred to an account where they cannot be transferred, traded, or sold. Account is eosbetlocked. They will be removed from supply permanently (aka burnt). The dividends that these tokens generate will be sent to the eosbetbinanc account, which will be used to buy more tokens off the market, and then burn these tokens by sending them to the eosbetlocked account. Therefore, we have a permanently deflationary token supply, and a permanent buyback on exchanges.

So far, they have bought 8,593.8 BET
https://bloks.io/account/eosbetlocked

CryptoCheckk

jr. member

Activity: 288

Merit: 5

Quote from: mu_enrico on August 28, 2019, 09:16:40 PM

Yeah, some users want to test the games before place real bets. Perhaps they should create a test token like FRD in MintDice.

They actually already have such a system in place with the marketing funnel. Just try to open eosbet.io with an incognito browser.

Quote from: mu_enrico on August 29, 2019, 10:15:04 PM

I think their idea is to push the price higher than the airdropped 20:1 (~0.3 EOS) so that users who want to own BET token would rather playing in the casino than buying in the market. Honestly, I'm not a fan of this "intervention" since I'm a free-market supporter. But hey, it's just a game (and a gambling site), they can do whatever they want.

I understand the "free-market" idea, but my opinion here is:

1. Since it's a free market, that also means the company can buy or sell whatever they want, since it's free.
2. It's very common for companies to do buybacks, seen it many times on the stock market as well.

mu_enrico

copper member

Activity: 2324

Merit: 2142

Slots Enthusiast & Expert

Quote from: o48o on August 29, 2019, 04:42:58 PM

according to admins they will be burning the the tokens they will buy back

According to the EOSBetCasino admin:

Quote

BET tokens will be transferred to an account where they cannot be transferred, traded, or sold. Account is eosbetlocked. They will be removed from supply permanently (aka burnt). The dividends that these tokens generate will be sent to the eosbetbinanc account, which will be used to buy more tokens off the market, and then burn these tokens by sending them to the eosbetlocked account. Therefore, we have a permanently deflationary token supply, and a permanent buyback on exchanges.

So far, they have bought 8,593.8 BET
https://bloks.io/account/eosbetlocked

I think their idea is to push the price higher than the airdropped 20:1 (~0.3 EOS) so that users who want to own BET token would rather playing in the casino than buying in the market. Honestly, I'm not a fan of this "intervention" since I'm a free-market supporter. But hey, it's just a game (and a gambling site), they can do whatever they want.

game-protect

hero member

Activity: 1344

Merit: 507

Quote from: o48o on August 29, 2019, 04:42:58 PM

So, according to admins they will be burning the the tokens they will buy back. Good to see that they are rewarding the long time hodlers.

Burning lifetime BET fantasy tokens is rewarding long time hodlers?!?

How do they reward lifetime holders when the BET fantasy tokens are burned?

o48o

legendary

Activity: 3010

Merit: 1154

Leading Crypto Sports Betting & Casino Platform

So, according to admins they will be burning the the tokens they will buy back. Good to see that they are rewarding the long time hodlers.

Spaffin

full member

Activity: 1316

Merit: 108

Quote from: game-protect on August 29, 2019, 02:27:53 PM

Quote from: bittraffic on August 28, 2019, 12:52:54 PM

Strange that game-protect supported BEThash and not EOSBET.

Where / how did I support BEThash?

Quote from: sockpuppet1911 on August 28, 2019, 03:20:25 PM

They had 100 free spins for newcomers or something like that. It just might be that game-protect is poor and he wanted free spins and now to wants to stake his winnings.

After he realizes that he won't get enough by staking he'll start ranting to them too Cheesy

.

Or maybe eosbet should offer free rounds for newbs Cheesy

Take a look at who spams his signature for cents, then you know who is poor, both financially and mentally! Cheesy

If there was another way, then such people would have obtained funds in a different way. Although I am skeptical that if someone will spin the drum very often, then he will make a good profit and it is unlikely he will be able to get a real and permanent source of income.

game-protect

hero member

Activity: 1344

Merit: 507

Quote from: bittraffic on August 28, 2019, 12:52:54 PM

Strange that game-protect supported BEThash and not EOSBET.

Where / how did I support BEThash?

Quote from: sockpuppet1911 on August 28, 2019, 03:20:25 PM

They had 100 free spins for newcomers or something like that. It just might be that game-protect is poor and he wanted free spins and now to wants to stake his winnings.

After he realizes that he won't get enough by staking he'll start ranting to them too Cheesy

.

Or maybe eosbet should offer free rounds for newbs Cheesy

Take a look at who spams his signature for cents, then you know who is poor, both financially and mentally! Cheesy

gambling4life

newbie

Activity: 28

Merit: 0

great listing!!!!!!looking forward to some promo events!

mu_enrico

copper member

Activity: 2324

Merit: 2142

Slots Enthusiast & Expert

Quote from: bittraffic on August 28, 2019, 12:52:54 PM

There is very little difference between the two

The difference is enormous since both have a different concept, i.e., block hash vs smart contracts.
I think GP only wanted to troll BetHash.

Quote from: electronicash on August 28, 2019, 09:26:38 AM

i did all the troubles to look up the market in binance dex but there was nothing in there

Fuckin hell, just scroll up a bit and you shall find the answer.

Quote from: sockpuppet1911 on August 28, 2019, 03:20:25 PM

Or maybe eosbet should offer free rounds for newbs Cheesy

Yeah, some users want to test the games before place real bets. Perhaps they should create a test token like FRD in MintDice.

sockpuppet1911

sr. member

Activity: 994

Merit: 278

Quote from: bittraffic on August 28, 2019, 12:52:54 PM

Strange that game-protect supported BEThash and not EOSBET.

They had 100 free spins for newcomers or something like that. It just might be that game-protect is poor and he wanted free spins and now to wants to stake his winnings.

After he realizes that he won't get enough by staking he'll start ranting to them too Cheesy

.

Or maybe eosbet should offer free rounds for newbs Cheesy

bittraffic

hero member

Activity: 3038

Merit: 617

Strange that game-protect supported BEThash and not EOSBET.

Quote from: game-protect on August 20, 2019, 09:48:49 PM

Quote from: BetHash on August 20, 2019, 08:59:39 PM

Hello!
In order to get a passive income, you need to stake your HASH tokens.

How do I stake my HASH Tokens?

There is very little difference between the two, both are casinos only this bethash sends dividends to some altcoins that you may not expect like IOST and LYNX.
He despise EOSBET but support bethash which has the same concept and god knows what sort of CURACAO license does bethash have.

o48o

legendary

Activity: 3010

Merit: 1154

Leading Crypto Sports Betting & Casino Platform

Quote from: game-protect on August 28, 2019, 09:16:17 AM

@extremely mentally ill and or brain dead

1)

Quote from: o48o on July 31, 2019, 04:39:21 PM

So, we got rejected from Binance dex. I didn't really care about that anyway, but what is the next step for Eosbet now? Maybe EosFinex?

2)

Quote from: game-protect on August 09, 2019, 06:49:28 AM

No exchange wants to list their BET fantasy token furthermore confirms that EOSBet generates a very low revenue and profit.

Of course can EOSBet lie here on the forum about millions profit and lifetime revenue share, but if you request the listing of tokens, then some basis checks are made and they obviously failed! Cheesy

Lol, try to keep up and read new messages. They have already listed to binance dex. Trading starts tomorrow.

electronicash

legendary

Activity: 3178

Merit: 1054

i did all the troubles to look up the market in binance dex but there was nothing in there. i tried asking what the price is in binance, i was interested to know and the reason why no one answer is that its no available in the market still. i'd like to see people dump the tokens in the market so we can finally see the real price. users had swapped thier coins, is binance not pairing it yet?

game-protect

hero member

Activity: 1344

Merit: 507

@extremely mentally ill and or brain dead

1)

Quote from: o48o on July 31, 2019, 04:39:21 PM

So, we got rejected from Binance dex. I didn't really care about that anyway, but what is the next step for Eosbet now? Maybe EosFinex?

2)

Quote from: game-protect on August 09, 2019, 06:49:28 AM

No exchange wants to list their BET fantasy token furthermore confirms that EOSBet generates a very low revenue and profit.

Of course can EOSBet lie here on the forum about millions profit and lifetime revenue share, but if you request the listing of tokens, then some basis checks are made and they obviously failed! Cheesy

CryptoCheckk

jr. member

Activity: 288

Merit: 5

Quote from: sockpuppet1911 on August 28, 2019, 12:57:39 AM

Thanks, also if i have understood correctly, buyback comes from the dividends account? Or 50% of what we are supposed to get in dividends. And dividends are lowest in a long time so i am interested to see how that plays out.

They explained it in telegram a bit further (you should really join if you haven't already, you can read it all first hand):

Quote

Buyback will come from the team fund, meaning 50% of what accrues in "eosbetcldstr" starting next week will go toward the buyback.

sockpuppet1911

sr. member

Activity: 994

Merit: 278

Thanks, also if i have understood correctly, buyback comes from the dividends account? Or 50% of what we are supposed to get in dividends. And dividends are lowest in a long time so i am interested to see how that plays out.

mu_enrico

copper member

Activity: 2324

Merit: 2142

Slots Enthusiast & Expert

Quote from: sockpuppet1911 on August 27, 2019, 07:15:08 AM

I don't get the swap process

This is quite interesting actually. The process is called mint/burn.

AFAIK when a user transfers one coin from another chain to EOSBet, let's say BTC, one BTCEOS token (https://bloks.io/tokens/BTC-eos-eosbettokens) then minted on the EOS blockchain. Meanwhile, the actual BTC is held in the "bank."

After that, a user can use this BTCEOS token to play various games on EOSBet platform.

Conversely, when a user transfers one BTCEOS token to BTC chain, the "bank" send the real BTC, then one BTCEOS token is burned.

The dev said that this mechanism BTCEOS & BTC also applied to BETDIVIDENDS (EOS chain) & BET-844 (Binance chain), but not exactly the same.

CryptoCheckk

jr. member

Activity: 288

Merit: 5

Quote from: sockpuppet1911 on August 27, 2019, 07:15:08 AM

Quote from: CryptoCheckk on August 27, 2019, 03:53:42 AM

The latest update on the Binance DEX listing:

https://steemit.com/binance/@eosbet/binance-dex-listing-additional-details

I don't get the swap process. Can i move bet tokens that i buy from binance.org directly to my eos account, or does it have to be the eosbet account?

Well the Binance DEX has it's own blockchain, while EOSBet is on EOS blockchain. So if you want to get BET tokens to or from the exchange it needs to be swapped to transfer them cross blockchain. Doesn't matter if it's EOS account or EOSBet account.

sockpuppet1911

sr. member

Activity: 994

Merit: 278

Quote from: CryptoCheckk on August 27, 2019, 03:53:42 AM

The latest update on the Binance DEX listing:

https://steemit.com/binance/@eosbet/binance-dex-listing-additional-details

I don't get the swap process. Can i move bet tokens that i buy from binance.org directly to my eos account, or does it have to be the eosbet account?

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