Topic: Invest in the bankroll - BetKing.io - Bitcoin weekly wager contest - page 3. (Read 1902 times)

We just burned 398,123,118 BKT

still 638 million bkt in accounts not owned by BetKing. In a week and a half these will not be able to deposit on BetKing and so up to 638 million will be effectively burned on the 1st of august

If you have BKT in your EOS account you must deposit to https://betking.io before august 1st.

We have started a new weekly wager contest at https://betking.io

The top 10 players who wager the most will receive a share of the prize pool.

Prizes are paid in Bitcoin.

The contest ends on 29/07/2019 at midnight UTC.

If the contest is popular we will increase the prizes the following week. We could also alternate the currencies e.g. one week we do Bitcoin, the next ETH etc.

Visit https://betking.io now for your chance to win.

Good luck

Lots of big litecoin wins over the past 24 hours with high payouts!



Win now at https://betking.io

we just burned 168 million BKT
https://bloks.io/transaction/efb36622d5b6ddb6a426c51beaf1f6953861d91f5788cb9c55400f93eb0bd2ec

BKT deposits will be disabled on 1st of august.

BKB holders should stake their BKB to receive 30% of profit.

https://BetKing.io latest updates:

Stake BKB and earn dividends
Original BKB token holders can now stake their BKB and receive dividends.
30% of the site profit will be distributed proportionally to users who have their BKB staked.

BKB held in your balance or off site in your wallet will not receive dividends.

Dividends are paid in Bitcoin directly to your account every 2-4 weeks or after we have traded profit in all currencies to Bitcoin.

If you had swapped BKB for BKT you can stake those BKT too. They are converted back to BKB automatically.

All BKT and BKB staked will be burned and is not refundable or tradable.
500,000,000 BKT that was locked for swaps will also be burned.

If you are having trouble staking your BKT make sure that it is not invested in the bankroll, in exchange orders or in your exchange balance.

New affiliate program
Affiliates receive 10% of the house edge on every bet, win or lose. Payment is instantly credited to your account in the currency your players bet in.

BKT changes
BKT deposits will be disabled on Augst 1st and we will request exchanges to delist the token.
You must deposit to BetKing before then or you will not be able to trade BKT. All BKT not deposited before then will be considered burned.

BKT will still continue to be tradable on the BetKing exchange and can be used to get 50% discount on bankroll investment commission as well as other fees.

We will use 10% of the sites profit to continue buying BKT on the BetKing exchange.

Our new token page shows a simpler overview of BKT in circulation and you can also find the link to exchange there.

BetKing Investor Updates - BKB Staking and BKT changes

In February we released a new token on the EOS blockchain (BKT) and airdropped the tokens to thousands of EOS accounts.
The intention was to use this as marketing to bring many new players after seeing the, alleged, success that some new on chain betting platforms had.

The airdrop wasn't a success and we have had very few players deposit from the airdrop or even play using EOS resulting in old ICO investors having their token (BKB) value diluted.
The new updates to the website did see an increase of players using Bitcoin and Ethereum who had previously played on BetKing and the site is much better for players now.
However, there is the worry that BKB holders could have to wait a long time to see a return due to the amount of BKT tokens in airdropped accounts that could be dumped at a far lower price than what BKB was worth.

As a result we will be making changes to the BetKing website that will benefit BKB and BKT holders.

BKT (EOS BetKingToken) changes
From August the 1st we will disable deposits of the EOS BKT token to the BetKing website.
We will contact Newdex, Whaleex and Chaince exchanges and ask them to delist the token as soon as possible.

BKT can still be used to receive 50% discount on bankroll investment commission as well as pay for withdrawal fees. Players can also play with it.

Because there were some people who earned BKT in bet mining or bought BKT on exchanges to pay for commission or trade later we will still use 10% of the site profit to buy BKT on
the BetKing exchange. We will not buy on other exchanges.


BKB (ETH BetKing Bankroll Token) changes

30% of the site profit will be distributed proportionally to BKB holders who will be able to trade their tokens to a "stake".
This allows BKB holders to start seeing a return immediately.

BKB converted to a stake will be burned and cannot be refunded or traded.

Anyone who swapped BKB for BKT can swap the same amount back to BKB at the same 20:1 rate and then convert to a stake.
All BKT swapped back will be burned.
Extra BKT that was earned or bought cannot be converted to stake.

BKB not being staked that is held in ETH wallets off site will not receive any profit share.
BKB holders may need to show proof of purchase during the ICO before they can stake if they do not stake with the same account they bought with.
BKB deposits will be disabled in Feb 2020 and any BKB laying dormant in accounts for over a year will be confiscated and burned.

BetKing supports multiple currencies for players to play in. We will convert the profit of all currencies to Bitcoin before distributing to accounts staking either every 2 weeks or once a month.

Summary:

We want less confusion for players and keep BKT and BKB more behind the scenes. We will remove token and exchange links from the homepage.
The token page will be removed and have a much simpler display in a separate tab on the invest popup.
The staking feature will also be on the invest popup in it's own tab.
Bankroll investors will pay commission at the end of every week.

For investors profit will be split as follows
50% - Bankroll investors, though they may receive up to 75% if paying commission using BKT
30% - Distributed to staked accounts
10% - Used to buy BKT on the BetKing exchange
10% - Site profit

We will make a separate announcement detailing features and changes that are good for players including a rakeback model as well as replacing the BKT leaderboard.
The affiliate model will also change to pay affiliates in the currency their players bet in instead of BKT.

These changes will take place over the next week.

We burned 25.8 million BKT this week that were bought back using profit from last week on the https://betking.io exchange.
The BKT price has been increasing steadily and is now 13 satoshis.

proof of burn: https://bloks.io/transaction/a05877b75362ca7c9b364be40f977e21c25bb3d3b8877501b1d9092073d15196

Over 52% of max supply now burned and only 12.8% in circulation.

Hmmm, you guys have a token, something that most of these casinos don't even have, that's really cool doing something different. But another thing is that people prefer tokens that are trading on bigger exchange, I know that's not an easy thing getting tokens to bigger exchanges, but based on what I've come to understand, a lot of people prefers to buy tokens when they are listed on the biggest exchanges. People don't really show much interest when it is listed on new exchanges or exchanges that are not well known. They just assume that it is not trustworthy.

we all know dean screwed up on the ICO.


but i'm always searching for anyone one who's been scammed betting at dice sites.


in the last year i havn't found 1 complaint about any bettor getting scammed at betking.




not here to defend the ICO disater. but if you know dean he's run a dice site for 6 years+

i think the bashers of betking overdue it like the leftist mob does on twitter.


i myself havnt bet at betking since the ICO debacle, but may go there today and start betting.

We dropped to accounts with 1 to 250,000 EOS.
You can email your EOS account name to [email protected] and we can check.

Why don't you listen to players instead of trolls and competitors who spread lies?

Please can you explain further because I am really surprised based on what people are saying concerning betking and people are refer to the gamble and they token as scam! Around February that I come across this gambling site people were praising them but we are hearing another thing entirely now.

Since the launch of the new BKT token the site has been doing much better than it had in the year before.

We have seen many new players playing and new investors joining.

Here are the stats since Feb 18th 2019



Our new token has been increasing steadily and is now at a new all time high on the https://betking.io exchange.

We have burned over 50% of the total max supply of BKT and have bought back enough now that the price only needs to increase 4.4x for initial BKB holders to see a return all with the added benefit of greater liquidity and no need to only sell 10% every 3 months.

Here's some token stats

I really like this site. Mainly because of the bkt coin which you get just for betting!

It will be announced in this thread and probably the chat within website.

When you'll get listed on more exchanges, is it announced in here or not? I think it's also a good idea to announce it here since there are forum users who are waiting to know where can they buy BKT just like the one you just answered. I'm also curious why that person ask where to buy BKT since the obvious answer is the site where BKT is used to bet to play.

You can buy BKT on https://betking.io, newdex.io and chaince.com

We will be listed on a few more exchanges soon

63 million Bkt mined already the halving is near!

That's not how it works.

What's with the nonsense?
"I know last time your site is really good but currently there is so many issues within. I just wonder if some big investors might want to get it here. And btw is there any guarantee that you guys do not eat up our money? Because there will be such attempt here, sorry no offence"

I think I might need to add you to the auto delete list.

Players get 100 BKT credited to their account automatically for every $1 wagered, regardless of what crypto they bet with. Bet mining has nothing to do with either bankroll investors or BKT token holders.

About the mining, I really curious about it, on every $1 we will get 100 BKT which is on the current price is around $0.0002 amd it will be distributed to every single investors depends on its investment right? I know last time your site is really good but currently there is so many issues within. I just wonder if some big investors might want to get it here. And btw is there any guarantee that you guys do not eat up our money? Because there will be such attempt here, sorry no offence

Anyway what happened to the old thread?