Invest in the bankroll - BetKing.io - Bitcoin weekly wager contest - page 5.

Haunebu

hero member

Activity: 3178

Merit: 977

www.Crypto.Games: Multiple coins, multiple games

Quote from: BetKing.io on March 14, 2019, 06:13:50 AM

All bounties (that were eligible) have been credited.

Join the bounty program at https://betking.io/bounties and earn BKT for supporting the site.

Just checked out the link that you provided and everything was easy to understand, but I would like to know if all the rewards are only a 1-time deal?

Also, are the BKT tokens actively being traded in some exchange currently?

BetKing.io

legendary

Activity: 1400

Merit: 1021

All bounties (that were eligible) have been credited.

Join the bounty program at https://betking.io/bounties and earn BKT for supporting the site.

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: ?? on ??

Poker didn't cost you a lot of money , you just had insane rewards in the weekly leaderboards so you were giving away more than what the site is raking
with that money offered you could easily had smaller freerolls that would attract new players , and these players ( even they are freerollers ) they can make the site and chat way more active ( this will attract real players )

and I'm sure you can figure out a way to have sportsbetting without losing a lot of money , there are tons of sites around and they are all making profit

Great points, I played there as well when there were so great poker promos. I have to admit that what the promotion they offered on the poker game was the highest amount I've ever experienced. Too bad, it did not give positive result for the ring games. The traffic was stuck, most players were playing for the promotions only because it was something +EV for players. Probably it was a wrong type of promotion on a poker game that I have ever seen so far, although I like it so much as I could earn some money at that time.
I haven't tried their sporstbook, but it is surprising to see the fact that it made them lose a lot of money. How was it possible? Was there something wrong as well on how they manage the sportsbook?

rdbase

legendary

Activity: 2828

Merit: 1497

Join the world-leading crypto sportsbook NOW!

Quote from: BetKing.io on March 10, 2019, 11:44:33 PM

Quote from: rdbase on March 10, 2019, 10:20:04 PM

Quote from: Carollzinha on March 10, 2019, 09:27:10 PM

Does that Bet Mining feature involves in Gambler's computers being used?
Or is something else making those profits for everyone?

They are basing this on what other casinos are doing with their mining methods.
Where the player for the number of bets they do will receive the token then the longer it is held the more it accumulates.
So the more you hold in your casino wallet the more of the ante you will receive.
The higher it goes the more bets are done on the site. And they is usually a countdown of when the payout for the mining will be done.
Atleast this is how it works on those casino sites.

That's not how it works on BetKing.io

For every $1 you bet (in any currency) you receive 100 BKT credited to your account.

Okay. Thanks for clearing this up as this is a low amount so to receive the tokens provided to play I will give it a try.
I had an account along time ago and bet there only twice but lost my account cause I havent used it since. Will register for a new account to give your new site with these features a try.

BetKing.io

legendary

Activity: 1400

Merit: 1021

Quote from: acarlstein on March 12, 2019, 04:49:42 PM

Really cool project.
Joined a few days ago and was impressed with the how smooth everyting goes. Can't wait for the other games and in the meantime, winning a few bucks

Check it out!

Thanks!

We will add more games very soon

acarlstein

newbie

Activity: 4

Merit: 0

Really cool project.
Joined a few days ago and was impressed with the how smooth everyting goes. Can't wait for the other games and in the meantime, winning a few bucks

Check it out!
https://imgur.com/a/mbGpMcm

salsa321

hero member

Activity: 698

Merit: 503

Substantiate your success.

wooww nice,good luck to you captain Cool

BetKing.io

legendary

Activity: 1400

Merit: 1021

We just launched a new Bounty program. Get BKT rewards for sharing and supporting BetKing.io

Earn rewards for forum and blog posts. Tweets and social media posts and shares as well as inviting friends.

Learn more at https://betking.io/bounties

BetKing.io

legendary

Activity: 1400

Merit: 1021

Quote from: SyGambler on March 11, 2019, 05:50:50 AM

haven't been up to date with betking news since you removed the sportsbook , glad to see some updates going on ( hopefully for the good of site )

is there any future plans for the site ? what about sportsbetting and poker ? is there any chance you might bring them back in the future or you aren't planning for that ?

Poker and sportsbook cost us a LOT of money last year and we can't add those back without having a huge amount of traffic and liquidity unfortunately.
We will be adding other games back though as well as new ones.

We also started providing a service for other sites to setup their own casinos where we provide and host the software.
If anyone here is interested in that email [email protected]
We trialled the service with a few sites in this forum that had good feedback and now ready to open to others.

SyGambler

legendary

Activity: 2436

Merit: 1804

guess who's back

haven't been up to date with betking news since you removed the sportsbook , glad to see some updates going on ( hopefully for the good of site )

is there any future plans for the site ? what about sportsbetting and poker ? is there any chance you might bring them back in the future or you aren't planning for that ?

BetKing.io

legendary

Activity: 1400

Merit: 1021

We just burned 5.5 million BKT in this weeks burn event.

You can read all the details and stats here

https://medium.com/@BetKingIO/betking-weekly-update-exchange-listing-and-token-burn-event-ba774e44f3e2

Summary

37,632,794 / 3,000,000,000 mined from bet mining

4,593,600 / 2,000,000,000 awarded from leaderboard promo

675,476,101 / 3,000,000,000 airdropped

317,512,654 / 1,000,000,000 swapped for BKB

1,000,000,000 reserved for team.

5,844,548 burned.

Meaning a total of 1,041,059,697 BKT are in circulation, around 10.4% of the total supply.

Join our Telegram group to discuss latest news regarding BetKing and BKT t.me/betking_io

Play and earn now at https://betking.io

Haunebu

hero member

Activity: 3178

Merit: 977

www.Crypto.Games: Multiple coins, multiple games

Quote from: buwaytress on March 11, 2019, 01:32:15 AM

Quote from: Carollzinha on March 10, 2019, 09:27:10 PM

Does that Bet Mining feature involves in Gambler's computers being used?
Or is something else making those profits for everyone?

This kind of mining is not the same technical process as in Bitcoin or most other cryptocurrencies. Here, mining has nothing to do with securing the network or verifying transactions on the blockchain, they are simply a way to release tokens from a fixed supply into circulation.

Commonly used by projects that want to slowly release tokens (mine new ones) by completing activity on their product (trading, and in this case, gambling). It started with exchanges, as far as I know.

Interesting. Thanks for the concise explanation. Was not really aware of this form of mining before. Always used to assume that there was a single meaning and nothing else.

I can understand why these sites are adopting this strategy these days since holding an ICO is more riskier at present.

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

Quote from: Carollzinha on March 10, 2019, 09:27:10 PM

Does that Bet Mining feature involves in Gambler's computers being used?
Or is something else making those profits for everyone?

This kind of mining is not the same technical process as in Bitcoin or most other cryptocurrencies. Here, mining has nothing to do with securing the network or verifying transactions on the blockchain, they are simply a way to release tokens from a fixed supply into circulation.

Commonly used by projects that want to slowly release tokens (mine new ones) by completing activity on their product (trading, and in this case, gambling). It started with exchanges, as far as I know.

BetKing.io

legendary

Activity: 1400

Merit: 1021

Quote from: rdbase on March 10, 2019, 10:20:04 PM

Quote from: Carollzinha on March 10, 2019, 09:27:10 PM

Does that Bet Mining feature involves in Gambler's computers being used?
Or is something else making those profits for everyone?

They are basing this on what other casinos are doing with their mining methods.
Where the player for the number of bets they do will receive the token then the longer it is held the more it accumulates.
So the more you hold in your casino wallet the more of the ante you will receive.
The higher it goes the more bets are done on the site. And they is usually a countdown of when the payout for the mining will be done.
Atleast this is how it works on those casino sites.

That's not how it works on BetKing.io

For every $1 you bet (in any currency) you receive 100 BKT credited to your account.

rdbase

legendary

Activity: 2828

Merit: 1497

Join the world-leading crypto sportsbook NOW!

Quote from: Carollzinha on March 10, 2019, 09:27:10 PM

Does that Bet Mining feature involves in Gambler's computers being used?
Or is something else making those profits for everyone?

They are basing this on what other casinos are doing with their mining methods.
Where the player for the number of bets they do will receive the token then the longer it is held the more it accumulates.
So the more you hold in your casino wallet the more of the ante you will receive.
The higher it goes the more bets are done on the site. And they is usually a countdown of when the payout for the mining will be done.
Atleast this is how it works on those casino sites.

JollyGood$WhereMouthis

newbie

Activity: 28

Merit: 0

Quote from: Carollzinha on March 10, 2019, 09:27:10 PM

Does that Bet Mining feature involves in Gambler's computers being used?
Or is something else making those profits for everyone?

I think you just earn/mine BKT by placing bets in Eos/LTC/BTC/Eth I believe it is 100 BKT for ever 1$ wagered.

Carollzinha

sr. member

Activity: 684

Merit: 403

Leading Crypto Sports Betting & Casino Platform

Does that Bet Mining feature involves in Gambler's computers being used?
Or is something else making those profits for everyone?

Pedro12528

member

Activity: 490

Merit: 13

Quote from: BetKing.io on March 10, 2019, 08:14:29 AM

Quote from: Pedro12528 on March 10, 2019, 08:11:16 AM

BKT token is already trading somewhere? If yes, on what exchanges?

Yes. It's on our own exchange but also on newdex.io and chaince.com

We will be listed on more exchanges soon.

Thanks for your answer and good luck with project, it seems really good.

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

Interesting. I was a former Betking user, but I saw that things were moving onto the new platform and my old account's gone. Dice was good and your sportsbook was actually very decent, while it lasted.

My only issue was that my sportsbook bonuses were never awarded, despite opening support tickets and waiting several months. No biggie for me in the end, but I would be concerned if you're relaunching a more complex system (with this bet mining) and if you're still not able to handle support requests - I expect more people will have more questions with the token buy back. My advice as a well-wisher would be to ensure a past repeat doesn't happen. I do see that you're hiring a community manager so that's a right step. Good luck! Betking was (is) a good brand and it's good for everyone to see it do well.

rdbase

legendary

Activity: 2828

Merit: 1497

Join the world-leading crypto sportsbook NOW!

This is a revision of their website with the use of tokens and bet mining.
I would think they got the idea from tron and the tronbet site where their tokens are given in the form of ante and they call it mining where they have their sites own exchange.
It is quite successful since they dont need the use to run an ico using this sort of business model.

Topic: Invest in the bankroll - BetKing.io - Bitcoin weekly wager contest - page 5. (Read 2008 times)