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Topic: 🎲EarnBet.io🎲FREE Faucet❗🎲0.5% House Edge🎲100% Decentralized🎲Provably Fair🎲 - page 97. (Read 24577 times)

hero member
Activity: 1302
Merit: 540
We are excited to announce that HILO, our newest game additions, is in the final stages of its development.

Stay tuned as more details are about to emerge.



That's good to know, adding additional games for gamblers to have many options while playing inside your house, you really doing well and showing
your competitiveness around this business, keep it up and keep everyone posted when the final date is already settle launching your  HILO games.
Good luck again.
copper member
Activity: 353
Merit: 10
We are excited to announce that HILO, our newest game additions, is in the final stages of its development.

Stay tuned as more details are about to emerge.


hero member
Activity: 1344
Merit: 507
Several casinos operating under the Gaming Curacao license scammed its customers!

Does fully licensed mean "authorization to scam"?
jr. member
Activity: 288
Merit: 5
2.8 milllion USD revenue in 24 hours!



Wow very nice... checking.... he did not use my referral  Cry Tongue
newbie
Activity: 19
Merit: 0
jr. member
Activity: 288
Merit: 5
Yeah, the fact that if you get bet this way in a miners mindset and then hold it to sell later on I can understand it, however how it is promoted and how it is showed off is the fact that you have to get it via gambling and you will make profit "forever". Yeah, I will but in order to make a living wage you have to gamble so much that it makes absolutely no sense at all. Lets say 500 dollars is enough for you to live a month.

And lets assume that will go up (life expense goes up) with the same rate the profit each BET has goes up as well, so your dividends go up as high as inflation. In order to make 500 dollars a month from BET with todays "10k bet dividend per week" you would require 150k BETS, 10k bet makes about 8 dollars a week and that is 32 dollars a month which means 500 divide to 32 is 15 and 15 times 10k is 150k. Considering you make 1 BET from 20 eos wagered, in order to have 150k BET you would have to wager 3 million eos (a bit more).

Eos is about 3.75 or so right now which means in order to make 500 dollars a month and have a living you would be required to gamble over 11 million dollars. Can you see the INSANE difference? Like you gamble 11 million dollars but only get 500 dollars back every month, I don't care how much "forever" that is, I feel like it doesn't worth it AT ALL.

Well this only is true if you believe it will not grow much more... you're assuming it will grow only at the inflation rate, while looking at the gambling market there is SOOOO much more to gain than just the inflation rate. I believe volume of EOSbet will go up from about 100-200k per day now to 10M within 1-2 years and if the are going really big 100M in 10 years or so. Of course this is wild speculation, but seeing how much volume normal centralized casino's do this is still not very much. So yeah lets take 1% house edge instead of 1.25 I believe it is. In 1-2 years revenue will be 1M per day. Minus operation costs 20% means 800k per day for shareholders. which means 800k / 88M (total supply) = 0.01 per BET token. Which is 100 $ per day if you own 10k BET.

But even if you don't believe EOSBet could grow like this. The way I see it, getting BET tokens for playing is only a bonus. A bonus which will generate bigger bonuses over time on top of the bonus value itself. So you can claim the dividends (the generated bonus over time) which is just an extra on top of your winning (if you won of course). But you can also sell your BET tokens (your initial bonus).
legendary
Activity: 1288
Merit: 1036
Yeah, the fact that if you get bet this way in a miners mindset and then hold it to sell later on I can understand it, however how it is promoted and how it is showed off is the fact that you have to get it via gambling and you will make profit "forever". Yeah, I will but in order to make a living wage you have to gamble so much that it makes absolutely no sense at all. Lets say 500 dollars is enough for you to live a month.

And lets assume that will go up (life expense goes up) with the same rate the profit each BET has goes up as well, so your dividends go up as high as inflation. In order to make 500 dollars a month from BET with todays "10k bet dividend per week" you would require 150k BETS, 10k bet makes about 8 dollars a week and that is 32 dollars a month which means 500 divide to 32 is 15 and 15 times 10k is 150k. Considering you make 1 BET from 20 eos wagered, in order to have 150k BET you would have to wager 3 million eos (a bit more).

Eos is about 3.75 or so right now which means in order to make 500 dollars a month and have a living you would be required to gamble over 11 million dollars. Can you see the INSANE difference? Like you gamble 11 million dollars but only get 500 dollars back every month, I don't care how much "forever" that is, I feel like it doesn't worth it AT ALL.
jr. member
Activity: 288
Merit: 5
copper member
Activity: 353
Merit: 10
Interested in becoming part of our global team?

To Apply for our Ambassador Program visit - https://bit.ly/2Szx2uo


When applying following attributes must be addressed:
- Reasons for becoming an EOSBet ambassador;
- What are the strengths that you will bring to the table, and how will they contribute to EOSbet's operation;
- How do you envision EOSbet's development;
- Are you able to help translate content into other languages.


copper member
Activity: 89
Merit: 0
copper member
Activity: 353
Merit: 10
EOSBet Community Update - March 15, 2019
We have just posted an announcement for the upcoming EOSBet features:

Development Updates
- HILO development

- Implementation of other altcoins

- Dividends distribution

Marketing Updates
- Optimizing the platform

- Ambassador program

- EOSBet's attendance at conferences and events

- BET token distribution

Check it out now: https://steemit.com/eos/@eosbet/eosbet-community-update-march-15-2019
copper member
Activity: 353
Merit: 10
The team owns 30% of the BET tokens and rest goes to the community.
Tell me , ie if I hold your tokens to the wallet or buy on the website and I'll keep them will I receive dividends?
You will! If you go to this page you will be able to have an insight in how many dividends per 10k bet on a weekly basis you will generate. It basically calculate the income that you will receive.
newbie
Activity: 19
Merit: 0
jr. member
Activity: 288
Merit: 5
The team owns 30% of the BET tokens and rest goes to the community.
Tell me , ie if I hold your tokens to the wallet or buy on the website and I'll keep them will I receive dividends?

Whatever account holds BET tokens will receive dividends.
jr. member
Activity: 518
Merit: 1
The team owns 30% of the BET tokens and rest goes to the community.
Tell me , ie if I hold your tokens to the wallet or buy on the website and I'll keep them will I receive dividends?
copper member
Activity: 89
Merit: 0
jr. member
Activity: 288
Merit: 5
I still do not understand the amount of shill the people are making about eosbet.
Don't get me wrong its a fine website and definitely provably fair and I like it but the "dividends" are totally horribly misguided.

I mean 750k+ dollars for just what 5 dollars a week ? Thank you but no thanks, I would rather not wager that much money and risk losing all of it just for the chance to have a constant amount of money coming in (at the price of 5 dollars per week lol) and just keep it on my wallet or even buy some coin that is proof of stake so I can make more of it or even put it on casinos that do not require me to gamble to invest into them.

If you are going to promote eosbet than promote the fact that its a cool decentralized good casino, that part is true but "dividends" is not something eosbet should make people check since its literally as horrible as it gets.

Well according to https://www.eosdividends.com they are the ones paying the most dividends in terms of amount of EOS. When you look at ROI based on mining rates (0.25 EOS per BET) and dividends only at current rates it will take a long time, I agree. However, don't forget BET tokens will have value as well once they are listed. So it's not different than any other crypto you can invest in. You usually buy a coin and hope it goes up after a while because you believe in the project.

Same goes for EOSBet, you like mine them for 0.25 EOS per BET and hope BET value goes up as you believe in EOSbet growing larger. And as they grow the value of BET will go up (remember total supply compare to EOS is so much smaller, only 88M instead of 1B). It's a risk I know, but so it hoping any other crypto coin goes up. And on top of that when EOSBet grows, volume grows, dividends grows as well. Considering all this I don't think mining BET tokens is a bad plan.

Now I don't mine myself, because that's no fun. I just play at EOSBet because it's the only provably fair casino that is open source and is licensed ect. all the BET I get I just see as a bonus as normally at a casino you would get nothing accept your winnings (IF you win at all).
legendary
Activity: 1288
Merit: 1036
I still do not understand the amount of shill the people are making about eosbet.
Don't get me wrong its a fine website and definitely provably fair and I like it but the "dividends" are totally horribly misguided.

I mean 750k+ dollars for just what 5 dollars a week ? Thank you but no thanks, I would rather not wager that much money and risk losing all of it just for the chance to have a constant amount of money coming in (at the price of 5 dollars per week lol) and just keep it on my wallet or even buy some coin that is proof of stake so I can make more of it or even put it on casinos that do not require me to gamble to invest into them.

If you are going to promote eosbet than promote the fact that its a cool decentralized good casino, that part is true but "dividends" is not something eosbet should make people check since its literally as horrible as it gets.
newbie
Activity: 76
Merit: 0
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