Topic: 🎲EarnBet.io🎲FREE Faucet❗🎲0.5% House Edge🎲100% Decentralized🎲Provably Fair🎲 - page 88. (Read 24577 times)

Trying to reply to game-protect is a futile attempt, I have been around for years now and I have been seeing him everywhere in all casino topics and I have never seen him say "oh okay this one is good", he has always been hating on all casinos and never really accepting any casino to be decent at all.

He seem to have some places he promotes because of legal things but even he doesn't write on their topic, he just likes to say how much he hates all casinos and say how illegal all casinos are. That is why I honestly think talking with him is not the right way to go because he will answer you, however if he asks something and you ignore him and do not reply he can write only few more things however in the end since he won't be getting any replies he will just leave, if you keep writing to him than he has a reason to stay around. Stop replying to him and eventually he will leave  .

1) Some of my key questions are still unanswered

2) I have not seen proof in regard to my key questions

3) It seems the EOSBet brain wash team is not happy with my questions and asking for proof

4) If EOSBet is a honest operation, it should not be a problem to answer my key questions and show the proof?


You sell lies as the truth?

1) The Government of Curacao issued the 365/JAZ license to Gaming Services Provider N.V.

2) The Government of Curacao did not issue a license to EOSBet

3) The Government of Curacao did not authorize Gaming Services Provider N.V. to issue sub-licenses

4) Only Ministry of Justice is authorized to issue licenses

I guess you're right, he's just here to be ignorant, not doing any research at all, asking same questions which have been answered and proved already.

How can I factually earn BTC or EOS just by holding BET tokens?

How much BTC or EOS was paid to BET token holders so far?

How do you determine how many BET tokens a player gets?


Dividends are paid on investments, but EOSBet does not have an investment option!

Where are the investment contracts between players and EOSBet?

You are actually very much wrong. You cannot bet with BET token, but you can factually EARN BTC and EOS just by holding it (the more you play the more you receive). Once the BET token gets listed though, you will not only earn dividends through it but also have a real market value on it. So stay tuned and witness it for yourself.

To be honest, we didn't get to where we are (no.1 ranked dApp) by scamming people! We are here because the community share our vision and keeps us going!

EOSBet is by far the leading online casino when it comes to paying out dividends!

Play today and receive your share of BET tokens!

Well worthless to you apparently, BUT it's true value will be decided by the market when BET tokens will be listed.

But FYI, the only use of a BET tokens is receiving part of the house edge (which is in EOS and BTC). The market will decide how much a BET will be worth when it's listed.

If you can not bet with BET tokens and win EOS or BTC and if you can not sell them for cryptocurrency or FIAT money, then they are currently worthless!

How do you determine how many BET tokens a player gets?


Why are you misleading the gambling community with your nonsense?

There is no investment option and therefore no investment venue!

You just received the following feedback: Paid signature spammer to create data dust without any connection to the reality to mislead the bitcointalk community!

Smart move, and when the BET begin to be listed in any exchange buying and storing it inside your wallet to keep accumulating more EOS and BTC rewards coming from the dividend shares, that's how things will work for me treating things as a passive investment venue.

I would not even want to bet with BET tokens hehe, rather keep them and collect extra EOS/BTC from the house edge with it

You cant bet with BET tokens

When you bet with BET tokens, can you win EOS or can you only win BET tokens?

I thought about this myself as well (of course). I think they do have something to offer next to BET tokens that will earn you some of the house edge for life. As there will only be 88M tokens (max supply), they will run out when every token is distributed through playing. From that day on they will have be a matured online casino that has enough actual gamblers to keep playing without getting any BET tokens.

I do think they will be able to achieve this. My reasons are:

1. Provably fair: They are the only open source casino I know of that are fully on-chain. This is a huge benefit for players that want to be 100% sure the casino is not scamming them. EOSBet is the only casino where players can verify this.

2. Licensed: They're one of the few licensed casino in the crypto space. This allows them to go public, show up on events, blockchain/gaming conferences and be recognized by other companies and build relationships that can turn into partnerships. In fact they already are publicly speaking and marketing EOSBet on multiple blockchain and gaming conferences.

3. I believe the EOSBet DEV team is more than capable than creating good and fun games, with a good UI. No I don't believe they will win over every online gambler in the world, but at least a big part of it be a self sustaining casino.

As reason 1 and 2 are pretty much facts, reason 3 is more of a personal believe I have, which only time will tell if this is true.

While the number of bets increased eosbet has to ask themselves, is this going to be sustainable or will it be less in the future when people can't get that much dividends ? I mean right now people are wagering a lot and they are trying to lose as little as possible while wagering as much as possible to get those BET tokens but when the bet tokens are harder to get (or even finished and only could be bought from an exchange) will people continue to play ? Is the reason people play here so much caused by chance of getting BET tokens or is it because people really do want to play here ? If you could do that math between yourselves and can actually come up with a solution that will help you go beyond that BET token deal than I am sure you guys will rival the top for good.

If you go to the Game Protect website, it is explained with a few sentences what we are offering and how it works.

Every operator should be able to explain his offer with a few sentences, otherwise he likely has something to hide and try to deceive potential customers!


You meant receive rakeback. Because if you have to gamble against a house edge and will lose money longterm, then you receive rakeback if the casino is willing to give a part of the house edge back.

Opposed to this, a dividend is if a person invests a certain amount (gambing is not investing) to an operation and participates in the winnings or losses in form of dividends.


In my opinion a good feature, though 99% of players do not care! Play with CONSUMER PROTECTION SERVICE inclusive?


That is the deceiving part as they speak about dividend! But dividends are connected to investments while there is no investment option.

From a juridical point of view, EOSBet commits the criminal offense of fraud by false representation!

 
This is called rakeback.

Though as far as I understood, at the moment you can not sell BET tokens?


I understood that those BET tokens are the rakeback plasyers receive, now you say they entitle to participate in all profit sharing?

How does the entitlement of the profit sharing work?


In other words, EOSBet offer 80% rakeback. Though as long as you can not sell BET tokens, it is a misleading claim!


Exactly, there is no investment option while they speak about dividends and dividends are paid out to investors!


The BET token feature will be removed later?


You have to be extremely mentally disturbed to see a negative EV gambling as an investment!

What i love about the EOSbet is the dividends i can get by just letting my tokens sits on their site and instead of betting i just follow the site and wait until how large i can get for dividends and maybe will consider playing soon.as i am in rest of gambling because of some health issue and as what my doctor told me though it will not take long that i can do the same thing i didin fpast

Indeed as i am seeing that account in every gambling discussion or topic and spreading negative to other sites.while the truth is Negative lies on his trust rating lol 😂

Again do some own research and all info can be found already. But specially for you:

function of EOSBet token? Receive profit share

Casino can not steal bbets or account balances? No they can't, you play directly from your own EOS wallet of which only you hold the private key. It's the same like when you trade on a decentralized exchange (Peer to peer transaction), they also don't hold your funds like a centralized exchange. So there is no deposit needed. Therefore EOSBet never holds your funds.

How does investment work? You don't. They never was an ICO. All they did was setup a casino. You can gamble normal like any other casino (but provably fair as they are open source, are fully on-chain, even 3rd party statistical analysis have been done), but on top of the normal win or losses you get, you also get X amount of BET tokens when you play. Those BET tokens will entitle you to participate in all profit sharing. Profit sharing is 80% of revenue as 20% is used by EOSBet for operating costs. So actually they did not setup an investment proces at all. They only reward early adapters of their casino with BET tokens. However some people just play for the BET tokens and see it as an investment, they are not actually gamblers, but fundamentally it's only an extra rewards for a player playing games.

Hope this clears things up for you more.

I did not claim they can create EOS, I claimed they can create EOSBet tokens as much as they like and I thought players bet with EOSBet tokens. But that is now clarified.


What is the function of the EOSBet token?


The casino can not steal bets or account balances?

How does investment work?

Just ignore game-protect : if you make a little research on their profile here you will find out they are spamming every gambling thread in desperate attempt of chasing people clicking on their affiliate link.
they clearly have no clue on how the eosbet project works and also didn't make any single effort on their own to educate theirself on how it works: they just post here hoping someone click on their signature.

Their trust rating says it all.

Why you keep talking about EOSBet tokens? You don't play with EOSBet tokens, you play with EOS and BTC. However, most volume comes from EOS. They can't create EOS like you claim they can. Also every players account is in full control of it themselves as it's an EOS account of which the player only has the private key.

EOSBet token (BET) is not listed yet, so for the market value of BET tokens is not established yet. However the wagers in their casino made in EOS (again not in control of EOSBet but of the EOS holder) do have market value as you can see on Coinmarketcap as EOS is ranked about 5 or 6th below Bitcoin. So at point of saying something X mount is wagered in USD it means the crypto (EOS) value wagered had a equivalent value of USD said at that point.