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Topic: 🎲EarnBet.io🎲FREE Faucet❗🎲0.5% House Edge🎲100% Decentralized🎲Provably Fair🎲 - page 60. (Read 24470 times)

legendary
Activity: 2996
Merit: 1188
If the owner sends EOS to his own casino, to whom will he lose 1,5%? Roll Eyes
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.
hero member
Activity: 1344
Merit: 507
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.
I highly recommend to install a brain test prior to allowing to open an account!

If the owner sends EOS to his own casino, to who will he lose 1,5%? Roll Eyes

legendary
Activity: 3010
Merit: 1154
Leading Crypto Sports Betting & Casino Platform
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.

It's true, i don't know the team, how it operates on marketing or how did they got the whales in.
But i do know that they had a signature campaign, and another one planned.

And yeah, they are losing some of the gains if they fake some of the volume, but that's just good marketing to me. I don't really care if they do it, i still like those instant withdraws they have. Just pointing out that could be the case, i like eosbet and that would not change my view on them. It's not a red flag to me, it's a determined marketing plan.

There are other places paying dividends as well but those don't got these kind of whales, there's a reason for that, and it isn't the house edge.
Maybe the mining is considered still cheap to them. Maybe they do know something that we don't about the buyback and stuff like that.
legendary
Activity: 2996
Merit: 1188
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.
hero member
Activity: 1344
Merit: 507
How much is one BET fantasy token worth?

Really appreciate the work you do here on the forum, and yet it goes so under appreciated.

The marketing tactics used by EOSBet are downright shady and they need to address the situation.

Exchanges always get called out for wash trading, but EOSBet gets away with falsifying its trade volume to climb the dapp rankings.... Seems unfair.

How can they falsify their volume, can you provide a link to your source? Surely they would have been caught and advised against it
The volume of EOS transactions made to the EOSBet investment fraud scheme can be verified on the blockchain, but you can not verify who made the EOS transactions!

You can see how the brain wash expert CryptoCheckk claims that all transactions  can be verified, but he totally ignores that the identity of the sender is anonymous!

So the owners of the EOSBet investment fraud scheme easily can generate 90% of the deposits made to EOSBet by themselves and then they pay the BET fantasy tokens also to themselves and everything stays in the scam family! Grin

Game Protect has many years experience with online casinos and startups and it is impossible that EOSBet with 50% more rake like competitors and a poor game offer made anywhere near $7,7 million profit within 9 months!

If you ask them for any kind of proof of their claims they are not able to deliver!

Also, if EOSBet had the potential to generate such huge winnings, why do they want to giveaway the profit lifetime to players?

That does not make any sense!

Where can you work one month and then get an income lifetime?

Nowhere in the real world!
jr. member
Activity: 288
Merit: 5
How much is one BET fantasy token worth?

Really appreciate the work you do here on the forum, and yet it goes so under appreciated.

The marketing tactics used by EOSBet are downright shady and they need to address the situation.

Exchanges always get called out for wash trading, but EOSBet gets away with falsifying its trade volume to climb the dapp rankings.... Seems unfair.

lol stop spraying lies, you claim things but you have ZERO proof. Every transaction can be checked on the blockchain or are you saying EOS is a scam as well?

Also you don't know what you're talking about when you say "falsifying its trade volume", because EOSBet is not even listed yet on an exchange, currently you can't trade, so there is no trade volume. That should come when (if) they list on the binance dex
legendary
Activity: 3010
Merit: 1154
Leading Crypto Sports Betting & Casino Platform
How can they falsify their volume, can you provide a link to your source? Surely they would have been caught and advised against it

Technically with enough money they could have been playing themselves, they only would lose like half of the bets and when they lose, they would still get 30% of all the losses back with their dividends from bet tokens and those are some great odds. Then there's the fact that we can't know if they personally own more then 30% of the tokens. I mean why wouldn't they? If i got a casino i would get myself a big share those tokens because i would know if they were rising on the value in the future.
But this is all speculation.
With that said, i don't agree with game-protect with anything.
sr. member
Activity: 980
Merit: 260
How much is one BET fantasy token worth?

Really appreciate the work you do here on the forum, and yet it goes so under appreciated.

The marketing tactics used by EOSBet are downright shady and they need to address the situation.

Exchanges always get called out for wash trading, but EOSBet gets away with falsifying its trade volume to climb the dapp rankings.... Seems unfair.

How can they falsify their volume, can you provide a link to your source? Surely they would have been caught and advised against it
legendary
Activity: 2030
Merit: 1189
How much is one BET fantasy token worth?

Really appreciate the work you do here on the forum, and yet it goes so under appreciated.

The marketing tactics used by EOSBet are downright shady and they need to address the situation.

Exchanges always get called out for wash trading, but EOSBet gets away with falsifying its trade volume to climb the dapp rankings.... Seems unfair.
hero member
Activity: 1344
Merit: 507
How much is one BET fantasy token worth?
legendary
Activity: 3010
Merit: 1154
Leading Crypto Sports Betting & Casino Platform
We are in the final stages of prepping signature + bounty campaign.

This will be your chance of getting the BET tokens.

Thank you for bearing with us.

EOSBet team

How much is your budget for this going to be? I might do a twitter or facebook campaign if it pays off more BET then i am affording to get with playing.
legendary
Activity: 2282
Merit: 1041

Cannot wait to see these promises realized:
- Token buyback;
- Binance listing;
- Bounty campaign season #2; and
- New games and more altcoin support.

 Shocked Shocked

Signature campaign! When is this going to happen? 
I'm hoping a Sr. Member can join to it. We're seeing the usual campaigns which tokens are listed on exchange. This is going to attract alot of bounty hunters. As a Sr member I guess I can only get less than 1k Bets for it. How much do you think is Bet once its on Dex?
We are in the final stages of prepping signature + bounty campaign.

This will be your chance of getting the BET tokens.

Thank you for bearing with us.

EOSBet team

I'd like to join the campaign again. Are the participants in the first campaign allowed to join again? I was one of those who did an article and signature campaign. If its allowed I'd like to use the same EOSbet ID I have. I can see tweets and its very likely to see BET getting listed on Binance DEX too. Wish the price to moon..


legendary
Activity: 2716
Merit: 1017
Join the world-leading crypto sportsbook NOW!
Cannot wait to see these promises realized:
- Token buyback;
- Binance listing;
- Bounty campaign season #2; and
- New games and more altcoin support.

 Shocked Shocked

Signature campaign! When is this going to happen? 
I'm hoping a Sr. Member can join to it. We're seeing the usual campaigns which tokens are listed on exchange. This is going to attract alot of bounty hunters. As a Sr member I guess I can only get less than 1k Bets for it. How much do you think is Bet once its on Dex?
We are in the final stages of prepping signature + bounty campaign.

This will be your chance of getting the BET tokens.

Thank you for bearing with us.

EOSBet team
Will the signature campaign be paid by Bitcoin or tokens? Is it only for the bounty that we can get the token?
It would be great if the signature could pay 50% Bitcoin and 50% for tokens
copper member
Activity: 353
Merit: 10
Cannot wait to see these promises realized:
- Token buyback;
- Binance listing;
- Bounty campaign season #2; and
- New games and more altcoin support.

 Shocked Shocked

Signature campaign! When is this going to happen? 
I'm hoping a Sr. Member can join to it. We're seeing the usual campaigns which tokens are listed on exchange. This is going to attract alot of bounty hunters. As a Sr member I guess I can only get less than 1k Bets for it. How much do you think is Bet once its on Dex?
We are in the final stages of prepping signature + bounty campaign.

This will be your chance of getting the BET tokens.

Thank you for bearing with us.

EOSBet team
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
Signature campaign! When is this going to happen? 
we invite our users to give us merits thus enabling us to start a Signature campaign and put on a super-cool Avatar. 
I gave them one merit. Hopefully, it was enough for them to start a campaign. Lol

How much do you think is Bet once its on Dex?
Sorry mate, I don't do price prediction.
All can I do is to occasionally beg the devs to fulfill their promises :p
sr. member
Activity: 1190
Merit: 255
Cannot wait to see these promises realized:
- Token buyback;
- Binance listing;
- Bounty campaign season #2; and
- New games and more altcoin support.

 Shocked Shocked

Signature campaign! When is this going to happen? 
I'm hoping a Sr. Member can join to it. We're seeing the usual campaigns which tokens are listed on exchange. This is going to attract alot of bounty hunters. As a Sr member I guess I can only get less than 1k Bets for it. How much do you think is Bet once its on Dex?
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
Cannot wait to see these promises realized:
- Token buyback;
- Binance listing;
- Bounty campaign season #2; and
- New games and more altcoin support.

 Shocked Shocked
legendary
Activity: 3010
Merit: 1154
Leading Crypto Sports Betting & Casino Platform
https://twitter.com/EOSBetCasino/status/1148538248656019457?s=19

Buyback program confirmed on twitter as well now.

Wow! That's great news, but there's not any specifics on that yet and basing on that it happens only IF they get listed on Binance i guess.
hero member
Activity: 1344
Merit: 507
Great! Soon we can calculate huch much rakeback players get. Smiley
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