Our Volume (3million EOS), Smart Contract Security Score (93.16%), and Actives days (325) says it all!
Topic: 🎲EarnBet.io🎲FREE Faucet❗🎲0.5% House Edge🎲100% Decentralized🎲Provably Fair🎲 - page 59. (Read 24577 times)
July 15, 2019, 02:44:18 AM
It always feels awesome to be ranked as #1 EOS dApp - EOSBet
Our Volume (3million EOS), Smart Contract Security Score (93.16%), and Actives days (325) says it all!
Our Volume (3million EOS), Smart Contract Security Score (93.16%), and Actives days (325) says it all!
July 15, 2019, 12:35:45 AM
@Royse777 chill mate, I've put GP on ignore and I recommend you to do so. He is just a spammer and feedback system abuser. I think he already got days or weeks ban duration.
And he will be missed 😂 specially what he did few days ago when he bumped almost all of the thread of those who supports the flag for him 😂Anyway EOsbet telegram is so silent today and still no update about the Binance listing..
But just like you said mate,success of EOSbet so far is unsure since they are new but doing their best to bring new form for gambling fanatics
It's always hard for new cainos to make a Splash instantly so time is of essence and if EOS is doing the marketing right and keep focused on the project more people will start using their services hence increasing their user base and their overall performance.
July 15, 2019, 12:02:45 AM
@Royse777 chill mate, I've put GP on ignore and I recommend you to do so. He is just a spammer and feedback system abuser. I think he already got days or weeks ban duration.
And he will be missed 😂 specially what he did few days ago when he bumped almost all of the thread of those who supports the flag for him 😂Anyway EOsbet telegram is so silent today and still no update about the Binance listing..
But just like you said mate,success of EOSbet so far is unsure since they are new but doing their best to bring new form for gambling fanatics
July 14, 2019, 10:15:04 PM
@Royse777 chill mate, I've put GP on ignore and I recommend you to do so. He is just a spammer and feedback system abuser. I think he already got days or weeks ban duration.
Anyway about EOSBet, I only interested in this experiment as an on-chain gambling platform with profit sharing mechanism. No one knows whether this project will be successful or not.
With this in mind, cryptocurrency itself is a massive financial, social, and technological experiment. Thus, if you want to participate in gambling, trading or investment, DYOR & DWYOR. A shady protection service cannot protect you.
Anyway about EOSBet, I only interested in this experiment as an on-chain gambling platform with profit sharing mechanism. No one knows whether this project will be successful or not.
With this in mind, cryptocurrency itself is a massive financial, social, and technological experiment. Thus, if you want to participate in gambling, trading or investment, DYOR & DWYOR. A shady protection service cannot protect you.
July 14, 2019, 03:40:51 AM
I referred to your nonsense and do not care what liars and criminals state on its telegram account!
Don't worry so much about eosbet. If they are scam it will eventually be expose, don't work so hard about it relax man. If its gets listed a lot of those who hold will dump it. You are trying so hard there are so much more scam projects out there. You'd leave some traces of interest to the project when you do that. When the dumps starts, they can have the tokens for themselves which its price will probably dip to $0.01.
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July 14, 2019, 02:17:27 AM
I referred to your nonsense and do not care what liars and criminals state on its telegram account!
Oi bitch! Pay attention here: 
July 14, 2019, 01:08:15 AM
I referred to your nonsense and do not care what liars and criminals state on its telegram account!
Don't worry so much about eosbet. If they are scam it will eventually be expose, don't work so hard about it relax man. If its gets listed a lot of those who hold will dump it. You are trying so hard there are so much more scam projects out there. You'd leave some traces of interest to the project when you do that. When the dumps starts, they can have the tokens for themselves which its price will probably dip to $0.01.
July 13, 2019, 03:36:40 PM
You seriously are claiming that you don't understand me or are you just acting? If you had studied this in any way, you would know that the dividends depend on the volume and not on their gains.
But obviously you haven't. And as you continue with this immature attitude, i shall just ignore you once again. I don't want to feed trolls anymore.
It is not my mistake that you are brain dead, but dividends are a share of the profit = gain!But obviously you haven't. And as you continue with this immature attitude, i shall just ignore you once again. I don't want to feed trolls anymore.
Yeah, this has been stated many times on the telegram by the eosbet team, i found that odd too but you might want to ask them about this.
Discussing with ignorant people is futile!
And as you continue with this immature attitude, i shall just ignore you once again. I don't want to feed trolls anymore.
Like you said it yourself, this is the best thing you can do. As reacting to his ignorance will only make him worse.
July 13, 2019, 09:51:44 AM
You seriously are claiming that you don't understand me or are you just acting? If you had studied this in any way, you would know that the dividends depend on the volume and not on their gains.
But obviously you haven't. And as you continue with this immature attitude, i shall just ignore you once again. I don't want to feed trolls anymore.
It is not my mistake that you are brain dead, but dividends are a share of the profit = gain!But obviously you haven't. And as you continue with this immature attitude, i shall just ignore you once again. I don't want to feed trolls anymore.
If you have a volume of USD 100 trillion without house edge = no gain = no dividend!
Yeah, this has been stated many times on the telegram by the eosbet team, i found that odd too but you might want to ask them about this.
July 13, 2019, 09:42:14 AM
You seriously are claiming that you don't understand me or are you just acting? If you had studied this in any way, you would know that the dividends depend on the volume and not on their gains.
But obviously you haven't. And as you continue with this immature attitude, i shall just ignore you once again. I don't want to feed trolls anymore.
It is not my mistake that you are brain dead, but dividends are a share of the profit = gain!But obviously you haven't. And as you continue with this immature attitude, i shall just ignore you once again. I don't want to feed trolls anymore.
Yeah, this has been stated many times on the telegram by the eosbet team, i found that odd too but you might want to ask them about this.
July 13, 2019, 09:29:32 AM
You seriously are claiming that you don't understand me or are you just acting? If you had studied this in any way, you would know that the dividends depend on the volume and not on their gains.
But obviously you haven't. And as you continue with this immature attitude, i shall just ignore you once again. I don't want to feed trolls anymore.
It is not my mistake that you are brain dead, but dividends are a share of the profit = gain!But obviously you haven't. And as you continue with this immature attitude, i shall just ignore you once again. I don't want to feed trolls anymore.
If you have a volume of USD 100 trillion without house edge = no gain = no dividend!
July 13, 2019, 09:07:14 AM
You seriously are claiming that you don't understand me or are you just acting? If you had studied this in any way, you would know that the dividends depend on the volume and not on their gains.
But obviously you haven't. And as you continue with this immature attitude, i shall just ignore you once again. I don't want to feed trolls anymore.
July 12, 2019, 05:14:02 PM
So ah let's unvote your binance dex.
I wanna see how long the team can last if this project isn't going to be listed on the exchange for about another year or two. If they are going to continue to spend a ton of money and a jackpot to be won for maybe once a year, we shall see what will happen. Will the the dividends still be coming more for about 4 EOS a week?
July 12, 2019, 09:31:19 AM
If the casino owners were responsible for the volume, they are still paying to the token holders like me as much as they promised. So they would be making a loss in there.
Thank you for confirming that over 90% of the revenue is generated by themselves and that the rake players pay do not cover the monthly expenses! 
Not as much of a loss depending how much they hold but they would pay from all the distributed profits from their own pockets anyway.,
They pay the rakeback from their own pockets = loss and not from the 1,5% rake they received from players?We are all adults (right?) and we can act like that.
You obviously act like a brain dead! July 12, 2019, 09:09:26 AM
Woah the discussion is getting pretty toxic. These "wash trading " and "how if the owner plays in his own casino" are interesting topics actually if we keep a civilized discussion.
Every bet executed in the EOSBet platform executed in smart contracts level, and auditable (though a casual gambler like I don't bother to do it). On-chain betting is the reason this platform is exciting as an experiment whether it ends up as a dead casino or not.
Back to the topic, hence, the owner also bet on the chain with the 1.5% house edge. Every time he lost, he doesn't get 100% rakeback since the team only has a 30% share. Well, I expect more than 30% actually because perhaps they also use external accounts to play. Let's say the team owns 50% of the total supply. Then profit split into 50% for the team and 50% for other BET holders. Hence, the owner plays with effectively 0.75% house edge.
This also different from wash trading like in many exchanges because they (exchanges) can do transactions internally, which cost them nothing except some electricity cost due to the bots. In the end, when the devs manipulate dApps radar, it will be expensive with x% house edge.
Am I missing something here?
Every bet executed in the EOSBet platform executed in smart contracts level, and auditable (though a casual gambler like I don't bother to do it). On-chain betting is the reason this platform is exciting as an experiment whether it ends up as a dead casino or not.
Back to the topic, hence, the owner also bet on the chain with the 1.5% house edge. Every time he lost, he doesn't get 100% rakeback since the team only has a 30% share. Well, I expect more than 30% actually because perhaps they also use external accounts to play. Let's say the team owns 50% of the total supply. Then profit split into 50% for the team and 50% for other BET holders. Hence, the owner plays with effectively 0.75% house edge.
This also different from wash trading like in many exchanges because they (exchanges) can do transactions internally, which cost them nothing except some electricity cost due to the bots. In the end, when the devs manipulate dApps radar, it will be expensive with x% house edge.
Am I missing something here?
July 12, 2019, 08:36:56 AM
If the casino owners were responsible for the volume, they are still paying to the token holders like me as much as they promised. So they would be making a loss in there.
Not as much of a loss depending how much they hold but they would pay from all the distributed profits from their own pockets anyway.,
And there's no reason to diss everyone in here. We are all adults (right?) and we can act like that.
July 12, 2019, 08:14:46 AM
If the casino owner wagered EOS worth $500 million and private players wagered EOS worth $50 million, then the casino owner gets 90% of the BET fantasy tokens and 90% of the 70% profit share!
One What will happen if a group of private players wager EOS worth of $5000 million in above scenario ?
Casino owner gets 30% of the $75 million rake = $22,5 million.
Still, owners will not lose on wagering EOS worth $500 million?
$500 million wagered with 1,5% rake = $7,5 million rake paid.1) Casino owner gets 30% of the $7,5 million rake = $2,25 million.
2) For the $7,5 million rake paid to himself the casino owner gets BET fantasy tokens that will get 70% of the $7,5 million rake paid = $5,25 million
Hence, casino owner wagered $500 million and paid $7,5 million rake to himself and gets 1) $2,25 million + 2) $5,25 million = $7,5 million rakeback and lost nothing except the EOS transaction fees.
July 12, 2019, 08:04:35 AM
If the casino owner wagered EOS worth $500 million and private players wagered EOS worth $50 million, then the casino owner gets 90% of the BET fantasy tokens and 90% of the 70% profit share!
One noob question :What will happen if a group of private players wager EOS worth of $5000 million in above scenario ? Still, owners will not lose on wagering EOS worth $500 million ?
July 12, 2019, 07:35:30 AM
If the owner sends EOS to his own casino, to whom will he lose 1,5%? 
They will lose 70% of house edge(which is 1.5% of wagering amount) to rest of bet token holders.You must remember all the bet token holders get the 1.5% house edge and the team only has the 30% of all bet tokens (unless they played as well) which means the shareholders will get it not the team. Hence, on generating fake volume, owners will lose 70% of house edge unless otherwise they have bought 100% of circulating supply.
If the casino owner wagered EOS worth $500 million and private players wagered EOS worth $50 million, then the casino owner gets 90% of the BET fantasy tokens and 90% of the 70% profit share!
Dumb, dumber, brain dead!
July 12, 2019, 07:16:43 AM
I assume the falsifying could be only said for the volume of the wagered amounts at the best case and not for the trade volume since they are not traded anywhere at all right now. Even with that in mind how could fake volume would help the team? They would be losing 1.5% of their money they put in and considering they are getting 30% of it back the rest of it will go somewhere else.
Actually its more like 50% right now considering just above 30% of others were mined so they are closer to 40-50 levels right now, which means if they play for 100 dollars on average they will lose 75 cents, for each million dollars they gamble they are losing thousands of dollars.
You can't fake something like that and keep making money, if you think they would do something like that for marketing purposes then you have no idea about the eosbet team, they wouldn't spend money on a signature campaign let alone spending thousands on just volume, if they were really caring about marketing they would have done much more stuff before they got it into volume faking.
Actually its more like 50% right now considering just above 30% of others were mined so they are closer to 40-50 levels right now, which means if they play for 100 dollars on average they will lose 75 cents, for each million dollars they gamble they are losing thousands of dollars.
You can't fake something like that and keep making money, if you think they would do something like that for marketing purposes then you have no idea about the eosbet team, they wouldn't spend money on a signature campaign let alone spending thousands on just volume, if they were really caring about marketing they would have done much more stuff before they got it into volume faking.
That's exactly my point also. You can't fake your way up especially when you're on a somewhat respectable level in the industry. You're right that they wouldn't pump money into it if it wasn't real, no one would deliberately just waste their money like this. I therefore don't believe they're cheating.
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