Author

Topic: www.gamebet.gg Launches GameBet Coin (GBT) eSports -- SALE OVER!!! - page 186. (Read 208259 times)

hero member
Activity: 812
Merit: 1000
www.gamebet.gg
This looks really cool, ive been into esports gambling alot lately, a few questions though:

1) how do you plan to compete with sites like csgolucky.com

2)if i were to decide not to invest now (which im very interested in doing) what would the referral rate be?

1) Our buisness model incorporates and streamlines the best of other, similar sites features, we intend to incorporate their 'minigames' and create a full flushed casino that includes real casino games as well.

2) We will be having an announcement on that in the coming days. For now all I can say is it will incorporate a multi level system where you earn on your referrals and you earn on the referrals of your referrals.
More on this will be announced shortly.
legendary
Activity: 1274
Merit: 1000
hmm looks interesting..


kinda of confusing what exactly we are investing for.


also to everyone. if you register , what ever email you use , it will be the user name of the ledger. it drops the email domain :example if you registered with email "[email protected]" , it will automatically sign your username as "bob".  each accounts basically creates its unique bitcoin address and there is a ledger section where you can see everyone else name and their address associated.

which is cool as its open and transparent. but it also a bit intrusive as i can just guess @gmail , @yahoo etc.. behind each name there..
legendary
Activity: 1988
Merit: 1007
I'm not understanding how a business that hasn't proven itself (tip: giving people 'free play money' isn't representative of what you can expect) can value itself at $1m. Where is this valuation coming from? You're missing a LOT of information. This happens to be a niche I'm extremely familiar with, but I won't even think about getting involved unless you can start justifying this stuff, and I recommend anyone else do due diligence as well.

Hi, Thanks for the great question. Im not sure if you missed it or not but our second week of beta was only for real money betters. During that week we retained 161 real money betters who placed a total of $1187 US in bets of which the house retained roughly $175 US. With those numbers it wont be long for us to turn the site into a very big money maker. We are talking about a house gain of over 10% of the total wagered amount and all that without any advertising at all. We know our site is not finished, let's be honest, when is any site really finished. It's always going to need improving and we are not  standing in front of you today proclaiming to have the worlds fastest, nicest, most popular eSports gambling site ever seen, but with the right funding and a few months hard work we'll be able to do just that.
Between our team, our partners and you the community we will be able to earn us and you an nice extra income. Our partners have been selected for their experience in their particular field be it, video, or gaming, or both. We wont let you down and we wont let them down.

As you mentioned you happen to be extremely familiar with this field. We are always looking to expand our team and partners and if you have any such interest please send us a small blurb in a private message and we'll get the dialog going.

Thanks for you question and we look forward to more questions from you and the community.



I just can't take it seriously with that kind of valuation in its current state. It's ridiculous, and any true investor would back me on that.

If you decide you want a real investment, from someone who knows this area, I'll definitely reach out. But I can tell you right now it would be near impossible for us to even get close to $1m with the site's current state.
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
So if crowdfunding gets you $45.000, you'll be willing to give 5% of profits. Say you can make $1000 a week  ... You'll pay whooping $50 to all investors? LOL
Yes, for $45.000 the payout would be 5% of the profits. Please keep in mind that this is a real online gambling business. We plan on making a lot more then $1000 a week.
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
IS THIS LEGIT?? WE NEED SOMETHING LIKE THIS.
sorry for caps, devs, show us your main address so we can see the total invested. also, some real life info would be nice, so we have a face to the $$ we are putting in. otherwise, good luck with your scam

This is legit, as you can tell by the working site. If you wish to see the addresses, you must sign in, click invest and then click on the big red box that says "ledger".
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
For a product like this, the platform is very important.
The platform for GBT is currently the site so presentation of the site is very important but right now the site is not so polished.
Link to invest just leads to main site so you might need to fix that.

If you dont have an account when you click the link you will be prompted to sign in.
Polish is coming next. Our 1st priority was the code and back end.
We already have plans in the works to "dazzle" the site up.
It's on the way.
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
The first word of your sales pitch says invset.

Not being the spelling nazi but would look better as Invest.

Typo's cant live with them, cant live without them!
Fixed now, thank you.
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
I'm not understanding how a business that hasn't proven itself (tip: giving people 'free play money' isn't representative of what you can expect) can value itself at $1m. Where is this valuation coming from? You're missing a LOT of information. This happens to be a niche I'm extremely familiar with, but I won't even think about getting involved unless you can start justifying this stuff, and I recommend anyone else do due diligence as well.

They are asking for 100K or 1M?
I see it as 100K.
I only skimmed through the announcement. Wat did I miss?

We are looking to raise 100K for 10%, which gives the company a value of 1m.
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
I'm not understanding how a business that hasn't proven itself (tip: giving people 'free play money' isn't representative of what you can expect) can value itself at $1m. Where is this valuation coming from? You're missing a LOT of information. This happens to be a niche I'm extremely familiar with, but I won't even think about getting involved unless you can start justifying this stuff, and I recommend anyone else do due diligence as well.

Hi, Thanks for the great question. Im not sure if you missed it or not but our second week of beta was only for real money betters. During that week we retained 161 real money betters who placed a total of $1187 US in bets of which the house retained roughly $175 US. With those numbers it wont be long for us to turn the site into a very big money maker. We are talking about a house gain of over 10% of the total wagered amount and all that without any advertising at all. We know our site is not finished, let's be honest, when is any site really finished. It's always going to need improving and we are not  standing in front of you today proclaiming to have the worlds fastest, nicest, most popular eSports gambling site ever seen, but with the right funding and a few months hard work we'll be able to do just that.
Between our team, our partners and you the community we will be able to earn us and you an nice extra income. Our partners have been selected for their experience in their particular field be it, video, or gaming, or both. We wont let you down and we wont let them down.

As you mentioned you happen to be extremely familiar with this field. We are always looking to expand our team and partners and if you have any such interest please send us a small blurb in a private message and we'll get the dialog going.

Thanks for you question and we look forward to more questions from you and the community.

legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
How about...


1. put some real life faces to those behind the project
2. set up escrows and multi sig wallets for careful release of funds.
3. full ledger for how the funds are used.
4. full ledger of income and costs ...full transparency.






sr. member
Activity: 441
Merit: 250
Bigboss
So if crowdfunding gets you $45.000, you'll be willing to give 5% of profits. Say you can make $1000 a week  ... You'll pay whooping $50 to all investors? LOL
hero member
Activity: 756
Merit: 500
IS THIS LEGIT?? WE NEED SOMETHING LIKE THIS.
sorry for caps, devs, show us your main address so we can see the total invested. also, some real life info would be nice, so we have a face to the $$ we are putting in. otherwise, good luck with your scam
jr. member
Activity: 56
Merit: 1
For a product like this, the platform is very important.
The platform for GBT is currently the site so presentation of the site is very important but right now the site is not so polished.
Link to invest just leads to main site so you might need to fix that.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
The first word of your sales pitch says invset.

Not being the spelling nazi but would look better as Invest.
legendary
Activity: 1988
Merit: 1007
I'm not understanding how a business that hasn't proven itself (tip: giving people 'free play money' isn't representative of what you can expect) can value itself at $1m. Where is this valuation coming from? You're missing a LOT of information. This happens to be a niche I'm extremely familiar with, but I won't even think about getting involved unless you can start justifying this stuff, and I recommend anyone else do due diligence as well.

They are asking for 100K or 1M?
I see it as 100K.
I only skimmed through the announcement. Wat did I miss?

100k for 10% of profit (not even equity). 100%/10%=10*100k=1,000k=1m

And it's not even for equity. It's profit sharing, which is an even WORSE valuation.

Ok Im following a bit more now. But how can one share in the equity?

Hence the issue. Notwithstanding all of the other information they've either purposely refused to share or otherwise neglected, they are wanting full control over the business + 90% of it. In return, investors pay for everything, including all development, legal costs, etc. What they're saying is "we came up with the idea, so we get 90%, and you take all of the risks and get less, plus no control or actual ownership." This is asinine.

Ideas have no value -- execution does. But knowing the crypto community, filled with morons who have no idea what they're doing, I doubt they'd have any issues fully selling this out.

Just wish they were running this the right way, as I'd love to take part, and being part of this niche myself, I have immense value.
legendary
Activity: 1218
Merit: 1000
This looks really cool, ive been into esports gambling alot lately, a few questions though:

1) how do you plan to compete with sites like csgolucky.com

2)if i were to decide not to invest now (which im very interested in doing) what would the referral rate be?
full member
Activity: 238
Merit: 100
I love NACHOS
I'm not understanding how a business that hasn't proven itself (tip: giving people 'free play money' isn't representative of what you can expect) can value itself at $1m. Where is this valuation coming from? You're missing a LOT of information. This happens to be a niche I'm extremely familiar with, but I won't even think about getting involved unless you can start justifying this stuff, and I recommend anyone else do due diligence as well.

They are asking for 100K or 1M?
I see it as 100K.
I only skimmed through the announcement. Wat did I miss?

100k for 10% of profit (not even equity). 100%/10%=10*100k=1,000k=1m

And it's not even for equity. It's profit sharing, which is an even WORSE valuation.

Ok Im following a bit more now. But how can one share in the equity?
legendary
Activity: 1988
Merit: 1007
I'm not understanding how a business that hasn't proven itself (tip: giving people 'free play money' isn't representative of what you can expect) can value itself at $1m. Where is this valuation coming from? You're missing a LOT of information. This happens to be a niche I'm extremely familiar with, but I won't even think about getting involved unless you can start justifying this stuff, and I recommend anyone else do due diligence as well.

They are asking for 100K or 1M?
I see it as 100K.
I only skimmed through the announcement. Wat did I miss?

100k for 10% of profit (not even equity). 100%/10%=10*100k=1,000k=1m

And it's not even for equity. It's profit sharing, which is an even WORSE valuation.
full member
Activity: 238
Merit: 100
I love NACHOS
I'm not understanding how a business that hasn't proven itself (tip: giving people 'free play money' isn't representative of what you can expect) can value itself at $1m. Where is this valuation coming from? You're missing a LOT of information. This happens to be a niche I'm extremely familiar with, but I won't even think about getting involved unless you can start justifying this stuff, and I recommend anyone else do due diligence as well.

They are asking for 100K or 1M?
I see it as 100K.
I only skimmed through the announcement. Wat did I miss?
legendary
Activity: 1988
Merit: 1007
I'm not understanding how a business that hasn't proven itself (tip: giving people 'free play money' isn't representative of what you can expect) can value itself at $1m. Where is this valuation coming from? You're missing a LOT of information. This happens to be a niche I'm extremely familiar with, but I won't even think about getting involved unless you can start justifying this stuff, and I recommend anyone else do due diligence as well.
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