🎲EarnBet.io🎲FREE Faucet❗🎲0.5% House Edge🎲100% Decentralized🎲Provably Fair🎲 - page 84.

levyashin

sr. member

Activity: 980

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$CYBERCASH METAVERSE

Quote from: dappminer on May 04, 2019, 07:56:48 AM

need more promotions for BTC and LTC betting, guys!

I don't think so. Betting with EOS bringing way more bet token compared to btc and ltc. So even people know there are btc and ltc available they simply don't choose them. Because betting with eos is more profitable.

dappminer

newbie

Activity: 76

Merit: 0

need more promotions for BTC and LTC betting, guys!

CryptoCheckk

jr. member

Activity: 288

Merit: 5

Quote from: raven7886 on May 03, 2019, 03:02:28 PM

Do we know if the jackpot will have an affect on the dividends or not? I mean if 20k is already set aside and was taken from each bet by a small sum and not put on dividends than it means that is 20k that could have been distributed to dividends but did not in order to create jackpot which I am sure many would agree is a good marketing strategy but doing something like that without the approval of shareholders sounds a bit centralized, maybe it should have been "voted" somehow with bet tokens to see if the bet owners want that money on their pocket or want that to be a marketing budget.

If it hasn't been collected so far and will be given after the jackpot hit and affect the dividends that is even worse and would probably create problems in ownership but I doubt that is the case, eosbet is ran much better than that.

The jackpot is not filled from normal bets, but it's an extra side bet you can chose to participate in. If you want to win the Jackpot an extra 20$cents or so is taken from your account for a spin. 100% of that amount is going to the Jackpot. So dividends are still the same for the BET holders.

However when the Jackpot is won the winner gets to keep 90% of it. The other 10% goes to the dividends pool. So BET holders are actually benefitting from an higher Jackpot pool in 2 ways:

1. More volume (=more dividends) on normal bets as more people want to win the jackpot when it grows.
2. More dividends as 10% goes to dividends pool when won.

Which will incentivices holders to keep holding more and more once the Jackpot grows. Genius system actually Grin

When the Jackpot is won the EOSBet team will refill the initial amount again.

o48o

legendary

Activity: 3080

Merit: 1178

Leading Crypto Sports Betting & Casino Platform

Quote from: raven7886 on May 03, 2019, 03:02:28 PM

Do we know if the jackpot will have an affect on the dividends or not? I mean if 20k is already set aside and was taken from each bet by a small sum and not put on dividends than it means that is 20k that could have been distributed to dividends but did not in order to create jackpot which I am sure many would agree is a good marketing strategy but doing something like that without the approval of shareholders sounds a bit centralized, maybe it should have been "voted" somehow with bet tokens to see if the bet owners want that money on their pocket or want that to be a marketing budget.

If it hasn't been collected so far and will be given after the jackpot hit and affect the dividends that is even worse and would probably create problems in ownership but I doubt that is the case, eosbet is ran much better than that.

Correct me if i am wrong but for playing for jackpot you have to pay extra (0.05 eos) for every bet for the the golden ticket, and that bit goes to jackpot, it's not taken from the underlying normal bet.

game-protect

hero member

Activity: 1344

Merit: 507

Gaming Curacao, you claim to operate under, is a scam artist with many scams!

How many BET tokens were issued so far?

I know that bitcointalk is flooded with dumbasses, but the more tokens are issued the lower the dividend per token will become and the lower the total dividend!

Where are the shareholder terms and conditions?

Where is the dividend calculation?

Quote from: EOSBETFREJ on April 29, 2019, 03:20:59 PM

Over 100M EOS has officially been wagered on EOSBet.io! That's over 10% of the entire circulating supply of EOS!

With this fraud scheme no surprise that so many dumbasses are falling into this trap! Cheesy

raven7886

legendary

Activity: 1512

Merit: 1041

Do we know if the jackpot will have an affect on the dividends or not? I mean if 20k is already set aside and was taken from each bet by a small sum and not put on dividends than it means that is 20k that could have been distributed to dividends but did not in order to create jackpot which I am sure many would agree is a good marketing strategy but doing something like that without the approval of shareholders sounds a bit centralized, maybe it should have been "voted" somehow with bet tokens to see if the bet owners want that money on their pocket or want that to be a marketing budget.

If it hasn't been collected so far and will be given after the jackpot hit and affect the dividends that is even worse and would probably create problems in ownership but I doubt that is the case, eosbet is ran much better than that.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: fudster on May 03, 2019, 10:42:12 AM

Quote from: o48o on May 03, 2019, 08:59:35 AM

Quote from: d1ceplayer on May 03, 2019, 03:59:11 AM

I don't think it needs to be 500k just to get more hyped, there is a leeway of betting smaller and getting quicker results which is why I think people would not wait until 125k eos and bet smaller and tiny amounts and try their best before that number. Jackpots are such a small chance that normally you would expect it to never hit, people say things like if the odds are 1 in 2.5 million that I will play 2.5 million times and eventually win, but thats not the case, your first bet has the same chance of hitting jackpot as your last bet which is why it is super impossible to hit jackpot normally.

However sometimes luck would have it someone wins jackpot and 10 days later another person wins a much lower jackpot, you never know when you will hit it, maybe someone will hit jackpot in an hour, maybe it will be another year, its that kind of odds.

Odds don't matter to people who are chasing the lottery prices, only the amount of jackpot does. Otherwise they would just play for the smaller amounts.
Greed is the ultimate gambler customer appeal. Not the rationality.

This is why this is a good marketing for the project, if it goes more than $500k its a record breaking. People will keep trying to get that jackpot and will try their luck. I noticed myself sending EOS in my account just to try my luck so that's a personal testimony. Must be my greed.

Who knows that greed inside you will bring the bacon home, we don't have control with our luck, and if destiny brings you the jackpot you'll forever remembered how greed change your life, that amount will surely be more interested to be won by anyone from this gambling site.

fudster

sr. member

Activity: 1190

Merit: 255

Quote from: o48o on May 03, 2019, 08:59:35 AM

Quote from: d1ceplayer on May 03, 2019, 03:59:11 AM

I don't think it needs to be 500k just to get more hyped, there is a leeway of betting smaller and getting quicker results which is why I think people would not wait until 125k eos and bet smaller and tiny amounts and try their best before that number. Jackpots are such a small chance that normally you would expect it to never hit, people say things like if the odds are 1 in 2.5 million that I will play 2.5 million times and eventually win, but thats not the case, your first bet has the same chance of hitting jackpot as your last bet which is why it is super impossible to hit jackpot normally.

However sometimes luck would have it someone wins jackpot and 10 days later another person wins a much lower jackpot, you never know when you will hit it, maybe someone will hit jackpot in an hour, maybe it will be another year, its that kind of odds.

Odds don't matter to people who are chasing the lottery prices, only the amount of jackpot does. Otherwise they would just play for the smaller amounts.
Greed is the ultimate gambler customer appeal. Not the rationality.

This is why this is a good marketing for the project, if it goes more than $500k its a record breaking. People will keep trying to get that jackpot and will try their luck. I noticed myself sending EOS in my account just to try my luck so that's a personal testimony. Must be my greed.

o48o

legendary

Activity: 3080

Merit: 1178

Leading Crypto Sports Betting & Casino Platform

Quote from: d1ceplayer on May 03, 2019, 03:59:11 AM

I don't think it needs to be 500k just to get more hyped, there is a leeway of betting smaller and getting quicker results which is why I think people would not wait until 125k eos and bet smaller and tiny amounts and try their best before that number. Jackpots are such a small chance that normally you would expect it to never hit, people say things like if the odds are 1 in 2.5 million that I will play 2.5 million times and eventually win, but thats not the case, your first bet has the same chance of hitting jackpot as your last bet which is why it is super impossible to hit jackpot normally.

However sometimes luck would have it someone wins jackpot and 10 days later another person wins a much lower jackpot, you never know when you will hit it, maybe someone will hit jackpot in an hour, maybe it will be another year, its that kind of odds.

Odds don't matter to people who are chasing the lottery prices, only the amount of jackpot does. Otherwise they would just play for the smaller amounts.
Greed is the ultimate gambler customer appeal. Not the rationality.

levyashin

sr. member

Activity: 980

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$CYBERCASH METAVERSE

Quote from: d1ceplayer on May 03, 2019, 03:59:11 AM

I don't think it needs to be 500k just to get more hyped, there is a leeway of betting smaller and getting quicker results which is why I think people would not wait until 125k eos and bet smaller and tiny amounts and try their best before that number. Jackpots are such a small chance that normally you would expect it to never hit, people say things like if the odds are 1 in 2.5 million that I will play 2.5 million times and eventually win, but thats not the case, your first bet has the same chance of hitting jackpot as your last bet which is why it is super impossible to hit jackpot normally.

However sometimes luck would have it someone wins jackpot and 10 days later another person wins a much lower jackpot, you never know when you will hit it, maybe someone will hit jackpot in an hour, maybe it will be another year, its that kind of odds.

Yes there is same chance with first bet and millionth bet to get jackpot.

But the odds is 1/2.500.000. That means in the long term, average bet per winning jackpot would be around 2.500.000. The 100th bet can take the jackpot but 5.000.000th bet can also. Still, the average would be around that 2.500.000

CryptoCheckk

jr. member

Activity: 288

Merit: 5

Quote from: d1ceplayer on May 03, 2019, 03:59:11 AM

I don't think it needs to be 500k just to get more hyped, there is a leeway of betting smaller and getting quicker results which is why I think people would not wait until 125k eos and bet smaller and tiny amounts and try their best before that number. Jackpots are such a small chance that normally you would expect it to never hit, people say things like if the odds are 1 in 2.5 million that I will play 2.5 million times and eventually win, but thats not the case, your first bet has the same chance of hitting jackpot as your last bet which is why it is super impossible to hit jackpot normally.

However sometimes luck would have it someone wins jackpot and 10 days later another person wins a much lower jackpot, you never know when you will hit it, maybe someone will hit jackpot in an hour, maybe it will be another year, its that kind of odds.

Exactly, that is the whole point of a Jackpot and is what makes it fun. You just never know and people want to try out their luck.

d1ceplayer

sr. member

Activity: 686

Merit: 277

I don't think it needs to be 500k just to get more hyped, there is a leeway of betting smaller and getting quicker results which is why I think people would not wait until 125k eos and bet smaller and tiny amounts and try their best before that number. Jackpots are such a small chance that normally you would expect it to never hit, people say things like if the odds are 1 in 2.5 million that I will play 2.5 million times and eventually win, but thats not the case, your first bet has the same chance of hitting jackpot as your last bet which is why it is super impossible to hit jackpot normally.

However sometimes luck would have it someone wins jackpot and 10 days later another person wins a much lower jackpot, you never know when you will hit it, maybe someone will hit jackpot in an hour, maybe it will be another year, its that kind of odds.

CryptoCheckk

jr. member

Activity: 288

Merit: 5

Quote from: ?? on ??

Quote from: upsidedown75 on May 02, 2019, 03:29:26 AM

New games must be the first thing but a marketing effort like promotions and signature campaigns and all that would help out a lot as well and really needed to improve the dividends.

They should appear at the same period. Promotions will have more effects when they run simultaneously with launches of new games or upgrades of EOSBet. Promotion can have effects without new games' launches, but it will have bigger effects with launches of something (new games, or simply upgrades of EOSBet platform). Dividend increase is another thing to catch attention and participation of new joiners.

Yeah I agree, I know (been said in the EOSBet Telegram) they are working on improving the website to better "catch" new customers. So when they start the next wave of marketing more new players will come and stay. We should be seeing some changes in the casino in regards to this soon... (I don't know when soon is though)

After that they will start promotions and marketing again.

levyashin

sr. member

Activity: 980

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Quote from: sockpuppet1911 on May 02, 2019, 12:06:49 PM

Quote from: levyashin on May 01, 2019, 02:20:25 PM

So in average every jackpot should given out 2.5m plays. Which means 125.000 eos. And that would be around 500.000$. So there would be more hype for this after some figure.

That would be correct now, but the usd value tends to be volatile.
I don't want to speculate on the prices of the coins on the pot, but that $500k value now could be anything when the jackpot hits.
And i am bullish on that.

Yes, of course, it can be anything. I think it will take months to reach that point.

And i also think crypto in the verge of a rise. So 500k$ may become 2m $ at that point. Still, even current 20k $ can be greater.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: EOSBet on May 02, 2019, 07:50:37 AM

Still haven't joined in on our Crypto Millionaire Jackpot?

Now is the time!

If you spin a 7,777,777 you will receive the only "Golden Ticket" token - token can be exchanged for the total jackpot amount.

The total jackpot is currently well over 20k USD.

Find more information here - https://eosbet.io/jackpot

Over $20k now, really impressive, surely the desires of each players / gamblers who wanted to own that amount will be increased, lots of interested participants will start bringing the ride with this jackpot, the question is when will be that luck will permits anyone to win that huge amount.

sockpuppet1911

sr. member

Activity: 994

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Quote from: levyashin on May 01, 2019, 02:20:25 PM

So in average every jackpot should given out 2.5m plays. Which means 125.000 eos. And that would be around 500.000$. So there would be more hype for this after some figure.

That would be correct now, but the usd value tends to be volatile.
I don't want to speculate on the prices of the coins on the pot, but that $500k value now could be anything when the jackpot hits.
And i am bullish on that.

enhu

legendary

Activity: 2492

Merit: 1018

20k jackpot! Cool. Can bounty hunters now send their BET tokens to someone else already?

Its not just me that is waiting for this to happen, we'd appreciate it more if this is going to be listed on DEX. Price would be a lot nicer if its will be listed as early as of now than later.

EOSBet

copper member

Activity: 353

Merit: 10

Still haven't joined in on our Crypto Millionaire Jackpot?

Now is the time!

If you spin a 7,777,777 you will receive the only "Golden Ticket" token - token can be exchanged for the total jackpot amount.

The total jackpot is currently well over 20k USD.

Find more information here - https://eosbet.io/jackpot

upsidedown75

legendary

Activity: 1288

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Quote from: Yarex on May 01, 2019, 04:01:56 PM

Maybe I should try this site rates. So many people can't be wrong. EOSbet - I'm coming to you. Next time I will share my impressions.

Maybe some sort of marketing is due ? I know the dividends and the jackpot is the marketing but right now in order to get bigger eosbet may need some more marketing by the team as well. They have what %30 of all bet tokens or something ?

Well, they can't just have that for creating the game and that is it, if people are spending thousands of dollars for a chance to get BET token while the creators got it for free and not doing anything anymore they do not deserve their tokens, they have to keep doing the marketing and improvements and new games etc etc to actually deserve the tokens they gave themselves for free.

New games must be the first thing but a marketing effort like promotions and signature campaigns and all that would help out a lot as well and really needed to improve the dividends.

Yarex

member

Activity: 378

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Quote from: davinchi on May 01, 2019, 03:11:18 AM

The difference is right now the volume of eos is that there has been about 1.2 billion transactions in total and that is less than 10% but we can totally say there will be a time where eosbet will be probably %10+ easily (probably closer to 25%+ as well). Is that good or bad ?

I mean we do not really know if that is really good since we would like to have a strong eos and we wouldn't want eos to be "the coin for that betting website" like clam became after just-dice started to use it, clam is now only known as just-dice coin, we wouldn't want that from eos because it would hurt the price. However we are also happy that there is more and more transactions in eosbet too because that shows eosbet is getting bigger. So what would be the best outcome? Well eosbet having over a billion transactions whereas eos having 20+ billion transactions, keeping both of them really high.

Indeed, the number of transactions is impressive. Maybe I should try this site rates. So many people can't be wrong. EOSbet - I'm coming to you. Next time I will share my impressions.

Topic: 🎲EarnBet.io🎲FREE Faucet❗🎲0.5% House Edge🎲100% Decentralized🎲Provably Fair🎲 - page 84. (Read 24681 times)