I was setting up the 2FA but my Internet went down so I didn't complete the 2FA and logged out, but now it's asking me for my 2FA code to login. I have invested in ICO.
I have also dropped you an email about this.
Topic: www.gamebet.gg Launches GameBet Coin (GBT) eSports -- SALE OVER!!! - page 166. (Read 208259 times)
April 04, 2016, 02:17:44 AM
April 04, 2016, 01:47:17 AM
OK so I've read through all pages today for about 1 hour and a little confused about how it works. So the GB Tokens that are sold through the ICO will have a value that can rise or fall on exchanges like any other coin right? And how do profits work when you invest a certain amount of btc in ICO?
April 04, 2016, 12:59:21 AM
So how does the referral system work? From where is the % taken? Is it added to the houses rake or payd by the house ?
If house takes 2% would that mean that the user would gain 1% of that 2%?
So lets say someone looses 100 and the rake is 2. The amount the user would get for the referral is then 0.02?
You also mention that investors gain extra depending on level. Lets say a level 2 rare with extra 8% would then gain 0.16 in that situation ? Or is it +8% of that 0.02?
An indepth explanation of how this works .If house takes 2% would that mean that the user would gain 1% of that 2%?
So lets say someone looses 100 and the rake is 2. The amount the user would get for the referral is then 0.02?
You also mention that investors gain extra depending on level. Lets say a level 2 rare with extra 8% would then gain 0.16 in that situation ? Or is it +8% of that 0.02?
Maybe i am stupid but i could not find the "indepth" part.
Houses rake is 2% right?
From that thread it seems ferrals get 1% and sub refs get 0.5%.
Lets say pot is 100. Does house take the 2% and referals take 1% and if 0.5%.
Or is it 1% aftr house takes its rake? So 1% of 98
Explain the extra % on referrals please. Does it add to sub ferrals also?
For example extra 30% would that then make the ref reward 1.3% and the 0.5% would then be 0.65%?
Making the overall rake 3.95%?
Suppose on a match and on each side theres 4 bets (placed by 8 people)
Side-A: 10, 25, 50, 100
Side-B: 10, 25, 50, 100
Suppose Side-B loses, and the person who bet $50 (on Side-B) has a refferer.
1% of this goes to his referrer ($0.05).
Thus, the loser pool of Side B is Sum[10, 25, 50-0.05, 100] = 184.95
The house then takes its rake from this value (184.95) and the remainder is distributed to the people on Side-A based on their bets.
Now calculate Side-A Sum[10, 25, 50, 100] = 185
So suppose the remainder was 370 (I know in this ex. it's not, but I'm using this figure for easy math)
The person who bet 10 on Side-A will receive 10 + (370 * (10/185)) = 30
The person who bet 25 on Side-A will receive 25 + (370 * (25/185)) = 75
etc.
Ok got it. P.S Im Guessing that 1% of 50$ = 0.50$
And for the other part? The extra % that the investors gain, was that part correct ?
April 04, 2016, 12:08:15 AM
Dev, how do you see the value of GBT growing then? the coin itsself wont be used for betting, how will the coin GBT get attention from investors then?
You must come up with something within the website that makes people want to buy GBT in my opinion, something where users of the site feel they need to/want to buy GBT, .
maybe use a little bit of the premine, and put it in betting pots ( for every dollar bet 1 GBT maybe?), so winners also recieve some GBT, so they also have the GBT in their posession, and know more about it.
Im trying to think of more but cant think of anything else at this moment.
You must come up with something within the website that makes people want to buy GBT in my opinion, something where users of the site feel they need to/want to buy GBT, .
maybe use a little bit of the premine, and put it in betting pots ( for every dollar bet 1 GBT maybe?), so winners also recieve some GBT, so they also have the GBT in their posession, and know more about it.
Im trying to think of more but cant think of anything else at this moment.
Why would you want to sell your gbt if its bringing you payments every month? And if it was then dont you assume people would want to buy it from you so they can hold and then get paid monthly off the profits.
April 03, 2016, 11:31:06 PM
Dev, how do you see the value of GBT growing then? the coin itsself wont be used for betting, how will the coin GBT get attention from investors then?
You must come up with something within the website that makes people want to buy GBT in my opinion, something where users of the site feel they need to/want to buy GBT, .
maybe use a little bit of the premine, and put it in betting pots ( for every dollar bet 1 GBT maybe?), so winners also recieve some GBT, so they also have the GBT in their posession, and know more about it.
Im trying to think of more but cant think of anything else at this moment.
You must come up with something within the website that makes people want to buy GBT in my opinion, something where users of the site feel they need to/want to buy GBT, .
maybe use a little bit of the premine, and put it in betting pots ( for every dollar bet 1 GBT maybe?), so winners also recieve some GBT, so they also have the GBT in their posession, and know more about it.
Im trying to think of more but cant think of anything else at this moment.
April 03, 2016, 10:34:23 PM
Still winning!!
I should start following you, to win anything. 
Ive been thinking about offering my ideas for a fee on my own thread. Right now its me and a high school buddy who scout the matches and decide who to bet on, but we cant watch them all. it would be neat if I could get a team of pickers together and we release a sick package once or twice a week.
Im thinking about it more and more daily. if it happens i'll make sure this thread knows about it.
I follow the international LoL scene and run about a 80% record picking in MLG so far.
Maybe I can join too??
https://i.imgur.com/58jOEZ3.png
April 03, 2016, 08:42:27 PM
I invested 1 btc today. anyone think we can get to the $50k-$75k in the next 5 days? That would mean payouts of 22.5% of the house profits for the 1st 6 months.
April 03, 2016, 07:49:57 PM
When will the signature campaign start?
It's going to be starting soon. We have a thread up now looking for a sig designer. Once we pick the final signature from all the applicants we'll start another thread and allow people to start posting with the signature.
Good.
Do you know how the pay structure will work?
April 03, 2016, 07:35:52 PM
When will the signature campaign start?
It's going to be starting soon. We have a thread up now looking for a sig designer. Once we pick the final signature from all the applicants we'll start another thread and allow people to start posting with the signature.
April 03, 2016, 07:34:03 PM
When will the signature campaign start?
April 03, 2016, 07:28:01 PM
Dropping in to offer a small update: We've a receive a few messages in regards to 2FA. We'll be adding a confirmation dialog to enabling 2FA so that people don't accidentally click it and then close it without scanning the Google Auth QR code.
how does this site differ from csgo lounge?
We offer fractional betting which means if you win, you always win more than you bet. Since CSGL does not have fractional betting it is possible to receive a skin worth less than you bet. We'll also soon be adding an option that lets you sell your skins directly for bitcoin, it'll be a one-stop shop When does the ICO end?
Seems like a good one.
There's a time on the OP and it says on the Invest page on the website. There's about 5 days left.Seems like a good one.
I messed up with my 2fa too. Should I send in a ticket through the contact us tab?
April 03, 2016, 07:25:06 PM
DailyModo I have a question for you, you also had an IPO with Ermis, what happened there?
https://bitcointalksearch.org/topic/ann-ermis-erm-wallet-released-the-merchant-coin-proof-of-investment-822443
Now another ICO need an explanation please???
https://bitcointalksearch.org/topic/ann-ermis-erm-wallet-released-the-merchant-coin-proof-of-investment-822443
Now another ICO need an explanation please???
Big differences between the two projects.
I was not the lead dev nor the manager of the ermis project. I just happened to be the one who posted the announcement. Lionheart87, jlbtc9 (joe) and Nelson was. That was where I learnt how to code. Was from their lead dev. Until he took off and left us holding the bag. The ermis project may have been a bit ahead of its time to be honest and in the 1+ year that the coin was out and we tried to market the project we had to deal with a missing dev and a community that was just not giving us any support.
GameBet S.A. is a registered business, MY idea, and my baby. We have a functioning, growing and useful platform where we are bringing multiple markets together (Steam, Crypto, Gambling) in one place. Our user base has grown substantially since our beta launch and with the results we've been seeing we wont have a hard time building this into a major player in the eSports and sport betting field.
I hope this answers your questions and we hope you consider investing in this exciting project with us.
April 03, 2016, 06:47:06 PM
DailyModo I have a question for you, you also had an IPO with Ermis, what happened there?
https://bitcointalksearch.org/topic/ann-ermis-erm-wallet-released-the-merchant-coin-proof-of-investment-822443
Now another ICO need an explanation please???
https://bitcointalksearch.org/topic/ann-ermis-erm-wallet-released-the-merchant-coin-proof-of-investment-822443
Now another ICO need an explanation please???
April 03, 2016, 05:45:33 PM
Dropping in to offer a small update: We've a receive a few messages in regards to 2FA. We'll be adding a confirmation dialog to enabling 2FA so that people don't accidentally click it and then close it without scanning the Google Auth QR code.
how does this site differ from csgo lounge?
We offer fractional betting which means if you win, you always win more than you bet. Since CSGL does not have fractional betting it is possible to receive a skin worth less than you bet. We'll also soon be adding an option that lets you sell your skins directly for bitcoin, it'll be a one-stop shop When does the ICO end?
Seems like a good one.
There's a time on the OP and it says on the Invest page on the website. There's about 5 days left. Seems like a good one.
April 03, 2016, 04:53:36 PM
how does this site differ from csgo lounge?
csgolounge have no sports and cant bet with steam items and take no crypto.
April 03, 2016, 04:49:08 PM
When does the ICO end?
Seems like a good one.
Seems like a good one.
try reading the announcement before asking questions. we dont want stupid people in the thread.
April 03, 2016, 04:48:21 PM
Still winning!!
I should start following you, to win anything. Ive been thinking about offering my ideas for a fee on my own thread. Right now its me and a high school buddy who scout the matches and decide who to bet on, but we cant watch them all. it would be neat if I could get a team of pickers together and we release a sick package once or twice a week.
Im thinking about it more and more daily. if it happens i'll make sure this thread knows about it.
I follow the international LoL scene and run about a 80% record picking in MLG so far.
Taking note of this. I know a few other pickers on the forum. we need to all team up. I'll be sending out pm's next week.
April 03, 2016, 03:29:47 PM
Still winning!!
I should start following you, to win anything. Ive been thinking about offering my ideas for a fee on my own thread. Right now its me and a high school buddy who scout the matches and decide who to bet on, but we cant watch them all. it would be neat if I could get a team of pickers together and we release a sick package once or twice a week.
Im thinking about it more and more daily. if it happens i'll make sure this thread knows about it.
I follow the international LoL scene and run about a 80% record picking in MLG so far.
April 03, 2016, 03:27:50 PM
how does this site differ from csgo lounge?
April 03, 2016, 03:20:29 PM
When does the ICO end?
Seems like a good one.
Seems like a good one.
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