Bitcoin Forum

What happened to the "50 BTC Jackpot" that Dean Nolan was promoting after the ICO in 2017?

Was there actually a winner? If someone claimed the "50 BTC jackpot" can it be independently verified and audited to ascertain who the winner was?

Serious allegations have been made against Dean Nolan and Betking so is this "50 BTC Jackpot" part of the bigger range of allegations against him or was there a genuine winner?

Does anybody have information about this?

Getting their terms on medium. https://steemit.com/steemit/@kirkwuk/betking-io-50-btc-jackpot

and shows this one

Terms:
To win the BetKing Jackpot, the player must make two consecutive bets containing five 5’s in the roll results.
The BetKing Jackpot is only applicable on Bitcoin bets. The prize will also be paid in Bitcoin.
Only bets of 0.00001 or more are eligible for the Jackpot.
Both bets must be made from the same user account
Both bets must be made using the same server and client seeds.
Only bets made after 2017-10-27 17:00 UTC are eligible for jackpot
If you win, please contact support@betking.io or our Bitcointalk, Facebook or Twitter pages with your account details and the IDs of the two bets.
Your account will be credited within 72 hours.

Anyone won in that promotion?
Waiting up for someone to post up and we do have the same doubts OP.

Curious as well if the prize was claimed or if it was even real

Many thanks for the post. I doubt it was won by anybody because it would have been the perfect advertising tool to promote Betking to the world and for Dean Nolan to boast about how "great" his website was. I have searched online but have been unable to find a winner or any information about the alleged 50 BTC jackpot.

Even if you wanted to ask Dean Nolan about this you will not be able to do it because he has locked the Betking thread because several of us began questioning him about his business practices and asking for independent full audits because many believe he pocketed large sums of the ICO funds.

Dean Nolan seems very scared so he is slowly adding new posts by unlocking then locking his Betking thread in order to start a new page so previous messages asking him for an audit and to prove his site is not a scam will be left on previous pages.

This thread is about the 50 BTC Jackpot but what about the ICO? Dean Nolan said 50% of the ICO funds were to go to bankroll.

Are we seriously to believe that over 500 BTC, over 2250 ETH and over 425 LTC has gone on to the bankroll?

Just look at the Betking website, where are games giving away (or have given away) a cumulative 500 BTC, 2250 ETH and 425 LTC? Where are those winners listed? This is what happens when there in no transparency and no full financial independent audit.

For the jackpot, I believe it is really hard to get those and can be won by anyone easily. I am not defending them too but to get that jackpot you must be really lucky, not to say you hit it once, but you should get the consecutive bets, so you need double lucky here to get that. Anyway for their bankroll, I think they shut it up and never give people saw about that, due to the security or it will conect to the ICO as well?

so, to win the jackpot you have to roll 55.555 twice in a row? That is about 1/100,000 x 1/100,000 = 1/10,000,000,000 or 1 in 10 billion chance of happening.  And betting 1,000 sats, I guess it is unlikely anyone ever won it, if someone did they would notify I'm sure.

Also, I don't think it's surprising to see new casinos have bankroll from "500 BTC, over 2250 ETH and over 425 LTC". In fact, to my eyes, that's not enough of a bankroll at all.

So that means people throw their money at Betking and other ICOs without accountability?

Look at the mess that MobileGo and countless other ICOs and projects have become because they do not account for where the money has been spent.

If Dean Nolan and Betking claimed more than 500 BTC, more than 2250 ETH and more than 425 LTC were to be used in the bankroll where is the evidence? There is not a single shread of evidence to support the claim made in his whitepaper.

For what I know, investors sure believe them because of what they did on the past. People really get tons of profit from their last investment there so they would think it the same way because they opening an ICO which is lead them to get more of profit if it raises buy they do not have anything much profit to get from those ICO

And btw about the bankroll, I do not really think any site can give you their real amount of their bankroll. It is just their protocol that they must do. Again, I am not defending them, just saying the most reasonable answer here

Thank you for your post, I appreciate your views.

Yes in the past it seems as though Dean Nolan returned investors money then closed down the original Betking website only to have an ICO and re-open the same website with minor modifications. He claimed he needed the ICO for bankroll and develeopment. Well the development part was a joke because the site was almost identical and the only new software he had was the affiliate plugins from Livetable Games.

As for the bankroll, there is no proof there was ever 500 BTC, 2250 ETH and 425 LTC up for participants to win.  If these two ICO whitepaper promises were broken then where did the money go?

One of the things Dean Nolan did to pull customers in was to advertise a 50 BTC Jackpot as part of the launch and promotion process. Where is the winner? No promotion or advertising of the winner?

This whole website and its owner Dean Nolan seem very suspect. Thanks to the ICO in September 2017 the investors lost almost everything yet Dean Nolan became an overnight millionaire.

That seems to be the purpose of him closing the original site because he was not making enough for himself so he closed the original Betking wesbite to have the ICO to make himself rich, simple. That is what people say, my personal opinion of Dean Nolan and his Betking website are not important.

@JollyGood. What do have versus Betking? Bitdice is another gambling site that collected bitcoins from the community through their unaudited ICO but you say nothing against them.

In any case, why is the Betking ICO a scam and Bitdice's ICO not?

So if nobody won the 50 BTC Jackpot then it seems Dean Nolan might have maybe deliberately advertised and promoted a dead turkey. It had no rollover and it had a cut-off date? 1 in 10 billion chance of winning a jackpot and then saying "provably fair"... What sort of nonsense Jackpot is that? Shame on you Dean Nolan.

Maybe you are right in that over 500 BTC, over 2250 ETH and over 425 LTC might not be enough for a bankroll on decent website BUT where is the proof that Dean Nolan has that money aside for the bankroll? After all the whitepaper clearly showed it was the 2017 ICO that was going to fund the bankroll with 50% of all ICO funds.

Where are the wallet addresses that can be checked to cross reference where the ICO funds are stored separately from other funds? Dean Nolan has been called a scammer by those that claim he ripped them off so how can he be trusted?:
https://www.reddit.com/r/Bitcoin/comments/5gfdxk/betking_trying_to_censor_questions_about_ico/ (https://www.reddit.com/r/Bitcoin/comments/5gfdxk/betking_trying_to_censor_questions_about_ico/)

Look at Primedice and Stake, they are giants compared to Betking.

I never heard of Bitdice ICO and until or unless I decide to visit their thread to see what is going on I cannot comment.

About Betking, I was on their thread during the ICO asking Dean Nolan why he needed an ICO if he was already a millionaire as he claimed. I read all the nonsense that he wrote and did not buy in to it. The bounty participants were jumping all over anybody trying to silence them that were asking questions about the Betking tokens that were to be given in the ICO. In the end many people say that the whole ICO was designed to make Dean Nolan the owner and operator of Betking a millionaire because it seems he tried on several occasions to sell the website but failed.

The Betking tokens are almost useless as they are worthless. Investors have made a loss on their investment while Dean Nolan has never accounted where the funds are and how they were spent. My personal opinions do not matter but people are calling Beting and Dean Nolan scam and scammer.

Yes that is somehow true, from dice game to a casino games which they need a lot of bankroll to support their games as well. But it does not mean they are scamming right although the jackpot has not been hit so far because it is too hard for players to hit it for sure

Btw I am not sure how they are going to proof themselves that they hold exact amount like you said and carry everything since their max bet is pretty huge too, because it will be around 1% from their bankroll right? Lets say they have 10btc so they must have 1000 btc bankroll, unless it is from the investment program may be they do not need that much to support their games

It is a fair undertaking for you to let the public know to make them more careful. But once you do this, you should also start doing it on the other ICOs. Your next mission impossible should be on bitdice if you choose to accept it hehehe.

I think the best way to answer your question is to link you post the MobileGo thread. This pretty much sums it all up:
https://bitcointalk.org/index.php?topic=1792451.msg44429458#msg44429458 (https://bitcointalk.org/index.php?topic=1792451.msg44429458#msg44429458)

It effectively states that you throw millions at someone just because they publish a whitepaper claiming you will get rich, then when your investment becomes almost useless or almost worthless (or both), you sell knowing you will lose a large portion now or sell later in the knowledge that you will make bigger losses yet still harbour dreams the "owner" will turn it around and you will make a healthy return on your investment.

Back to Betking, to assume that the 10 BTC dice jackpot means there will be a significant bankroll is conducive but in the case of Dean Nolan where there is no transparency even to investors it could mean anything.

Even if the Betking website runs "as it should without scam" which it might or might not, the issues surrounding the 2017 ICO are full of problems. The investors put money in to the ICO in exchange for Betking tokens and if they take that money out by selling their Betking tokens they end up with far less than they invested. This is because the calculation method used by Dean Nolan was against Betking tokens/USD rather than Bitcoin and the token valuation price was calculated on a flawed equation.

Dean Nolan has claimed in the past that it is investors fault for investing without "due diligence". This is the same Dean Nolan that was practically licking investors boots during the Betking ICO and now he does not give a damn about them.

My opinion is not important but that is what people say, they call Dean Nolan and Betking scam and scammer.

There is no 10 BTC dice jackpot. We were talking about a 10 BTC max win.
This is the maximum you can win in a single dice bet.

E.g. you could place 10 BTC at 2.0 odds to win 10 BTC.
Alternatively you could also place 200 BTC at 1.05 odds to win 10 BTC.

However, you couldn´t place 15 BTC at 2.0 odds to win 15 BTC,
because the potential win amount would be bigger than the max win.

As I said in another one of your threads before, we can use the information
of the available max win to make an educated guess about the total
size of the BetKing bankroll.

https://testboo.com/betking-io-review-bitcoin-casino-win-50-btc-progressive-jackpot/ (https://testboo.com/betking-io-review-bitcoin-casino-win-50-btc-progressive-jackpot/)

A simple search using "betking 50 btc jackpot site:bitcointalk.org" will show up plenty of links to the "50 BTC Jackpot" that Dean Nolan linked to his own Betking thread before changing the name.

Why offer a jackpot of 50 BTC that was around a ridiculous 10 billion to one odds of winning only to then remove it after heavily promoting it to pull players in?

When advertising the "50 BTC Jackpot dice game" (words Dean Nolan used, not me) he never advertised the near impossible chances of winning at 10 billion to one odds though he claimed at every stage possible the website was "provably fair".

My opinion is not important but that is what people say, they call Betking and Dean Nolan scam and scammer.

I too would like a reasonable explanation for this

Did we get an explanation? No

Was Dean Nolan bending over backwards to answer questions when he was begging for investors during the 2017 ICO? Yes

So far nobody can explain what happened to the 50 BTC Jackpot that Dean Nolan was offering at his Betking website. As someone mentioned earlier it was around a ridiculous 10 billion to 1 odds to win but nevertheless what happened to it?

Since investors were pulled in by the 50 BTC Dice Game Jackpot bait and it seems to have been removed BEFORE anybody won it, it is probably the reason why people are calling it a fraud. My personal opinion is not important but people are calling Betking and Dean Nolan scam and scammer.

Actually no one can win 50BTC betting only 1000 satoshi. Someone posted link to steemit article but they forget to include this in post:


Meaning - 1000 satoshi bet, two rolls(back to back) containing 55.555 = 0.5BTC Jackpot. So, if my math is correct, whoever wants to catch 1% of jackpot has to wager 100000BTC, I didn't check house edge, but lets say it is 1%(guessing) do some math and see how much money average player has to lose to "win" this jackpot  ;) Best part - everything is transparent  ::)

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@JollyGood, I didn't check ICO, but what was promised to investors? Share of bankroll, token re-buy at the same/higher price? Something else?

https://betking.io/ico/ (https://betking.io/ico/)

Thank you for the post.

Check out the information yourself. None of the claims made in that link can be verified be Dean Nolan refuses to allow audits or supply proof that he has followed through the promises of the whitepaper.

Dean Nolan has registered the company that owns Betking in Costa Rica so getting him to show the accounts will be difficult but not impossible if there was enough will to do it by investors. Unfortunately it seems many of them sold their Betking tokens at a loss as they gave up hope and thought to get something back rather than risk getting nothing.

There is no way of ascertaining that he did use 50% of the 2017 ICO funds for the bankroll. There is no way to ascertain what happened to the 30 million Betking tokens that were held back for promotions and development. As Dean Nolan re-launched an existing website that he closed in December 2016 in order to have the ICO, the funds could not have been spent on development.

The fact that those 30 million sitting tokens were used to take part of the "profit" means that investors are getting less back during the buy-back and that is only 10% of tokens every 3 months.

Dean Nolan has been accused by several people of siphing off funds for his own pockets. My personal opinion is not important but people are calling Betking and Dean Nolan scam and scammer.

@Jollygood. What is your personal motivation for your attempt to expose betking and Dean for what might be another ICO scam? Is this from the concern you have for the investors? Have those investors asked help from you to expose Dean? Did you invest in betking's ICO?

After reading some posts from upset investors in the Betking thread I realised something was not right. After investigating it became clear why they were not happy, the reasons included but not limited to:

- the way the tokens were calculated, the formula is flawed and caused losses to investors

- the way 30 million withheld tokens were used to "steal" investors profits because they were not issued to anybody, they were held back

- the complete lack of accountability on part of Dean Nolan to show proof he has followed through with the whitepaper promises of 50% ICO funds going to bankroll

- virtually zero development took place on the December 2016 shutdown website vis-a-vis the "new" post-ICO 2017 website. Why did Dean Nolan use ICO funds for it? Who received it? Was it siphoned off?

- it was reported he tried to sell the Betking twice before closing it down with a view to re-opening it solely with the purpose to siphon money for his own pocket

- many more questions and concerns...

I did not invest in Betking. During the 2017 ICO it was looking very suspect so I started advising investors to stay away from it so Dean Nolan threw his toys out of his pram, spat out his dummy and said he would refuse to answer any questions related to his motives for having the ICO.

Just because the bounty participants were getting free tokens for "promoting" Betking they pounced on any post that was critical of Betking or Dean Nolan. The moment the ICO ended, the bounty participants abandoned Betking and left Dean Nolan to answer the questions of corruption himself. He could not handle it so locked the official thread to try to close down free speech and valid concerns. He removed the Betking ICO thread too in order that people would not be able to see what was going on.

Sadly while ICOs are now the normal there are far too many failures and scams. If there was accountability then it would clear up the issues. Dean Nolan thinks we will believe him that the ICOs funds were held in cold storage. He never gave any wallet addresses to show any proof, he never gave an account to which developer he paid money to to "develop" a website that did not need developing. All he did was wait a year to add plugin Livetable affiliate games.

Dean Nolan even insulted investors by saying they should have shown "due-diligence" before parting with their monmey because they did not read the small print about the Betking token valuation when the large print was promoting "7400 BTC in profits" and all that nonsense before the website was closed down in December 2016, only to re-open in identical format in 2017 after the ICO.

Nobody seems to understand where the funds went other than people saying that Betking and Dean Nolan are scam and scammer because they say he siphoned off the funds for his own pockets.

Thank you for the making that clear. But it would also be important to call upon the investors who feel that they were scammed and let them speak in the thread.

Also after betking, will you investigate bitdice next?

other casinos show proof of their cold wallets as well, I don't see why Dean cannot do that.

I think after the warm feed back I received from the community exposing the manner in which Dean Nolan and Betking do business, I might try to expose more underhanded operations and scams but not sure right now.

What I achieved in highlighting scams is a sense of satisfaction. When community members join in it shows them they are allowed to voice thier views and communicate with others who feel they have been scammed.

Just because a service might be operating "properly" does not mean much if the ICO whitepaper proposals were not followed through with. In the case of Betking and Dean Nolan it is clear that he cannot provide details of expenditure. In the end the onus is on Dean Nolan to prove he followed through with the whitepaper.

To many people it seems he had closed down the Betking website in December 2016, then re-opened a near identical site in late 2017 after an ICO when there simply was not one needed.

To many people it seems he siphoned off large chunks of the ICO funds to his own pockets from the clause where 30% of the ICO funds could go towards "developement". Also to many people it seems he did not put any funds in a cold wallet and to many people it seems he did not use 50% of the ICO funds to bankroll but that was the main point of the ICO whitepaper.

Dean Nolan even insulted investors by saying they should have shown "due-diligence" before parting with their monmey because they did not read the small print about the Betking token valuation when the large print was promoting "7400 BTC in profits" and all that nonsense. Since then Dean Nolan seems to have edited his post and removed those words but nevertheless he wrote them.

Add to that what people are calling "scam" because he advertised a 50 BTC Jackpot Dice Game only for that not to happen in the way that he advertised it.

My opinion is not important but that is what people say, they call Betking and Dean Nolan scam and scammer.

It can be really hard to follow the winner of online gambling sites, because of there play people from over the world and identity is hidden. It is pretty possible that the jackpot gone nowhere or to one of owners or workers. I think there is such possibility for every gambling site.

Dean Nolan will never show proof of the Betking cold wallets because it will expose the fact that 50% of the ICO funds did not go bankroll and probably next to nothing is there

Dean Nolan will never show proof of the Betking cold wallets because it will expose the fact that 30 million of the Betking tokens that the ICO funds created did not go towards "development, promotion and legal"

To many people it seems he siphoned off large chunks of the ICO funds to his own pockets from the clause where 30 million of the Betking tokens could go towards "developement" because the website needed little updates or development at all. Also to many people it seems he did not put any funds in a cold wallet and to many people it seems he did not use 50% of the ICO funds to bankroll but that was the main point of the ICO whitepaper.

Regarding the 50 BTC Jackpot Dice game he advertised it as a simple roll your dice and maybe win 50 BTC in the first one and then changed the wording to this one from June 2018 in anew attempt. Now using the word "progressive"  ::)
https://testboo.com/betking-io-review-bitcoin-casino-win-50-btc-progressive-jackpot/ (https://testboo.com/betking-io-review-bitcoin-casino-win-50-btc-progressive-jackpot/)

My opinion is not important but that is what people say, they call Betking and Dean Nolan scam and scammer. Many people say that.

Well, for fairness' sake, I must say that that's not what Google tells me when I search for "Betking" and "Dean Nolan". And, this is really interesting, when I add  the word "scam" to the search I can see only your posts popping up in the search results. How can you explain this?

From my personal experience, and I said it already more than once, Betking.io is a legit gambling site, much better than many of others I had an opportunity to try.

There was no 50 BTC Dice jackpot, the wording used was different from what was on offer. Another word was used at a later date "progressive" to the 50 BTC Jackpot.

Anyway at odds of around 10 billion to one nobody was ever going to win. It shows around 10 BTC for "max win". So it seems the fact that nobody won the 50 BTC because it was never really there in the first place to win means that people are rightly calling it "shady" and a "scam".

Dean Nolan is now using the word "progressive" so at least that means will not get confused (or scammed) depending on how you see it or interpret the intention behind it.

I think I have already explained you how 50 BTC Jackpot works. If I, not investor or related to betking, have found this information in only few minutes of reading, I am not sure how you fail to do your own research in last, i don't know, 2 weeks or so.

Where was that stated? Link me to their whitepaper, I am lazy to search again.

Max win =/= Jackpot.
Someone has already explained it.

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As for your question regarding tokens, I've found this at site:


And ICO:


And then this:


So investors didn't invest only in bankroll, they invested in promotion of the site too.  :-\

I am not sure why formula is...
Initial token price + ((profit*BTC price) / 100,000,000) = token price
...are there 100,000,000 tokens in bankroll? Why was ICO price calculated with 100,000,000 tokens and not 70,000,000?  :-\

Hm...
30% tokens are used for promotion(2,785,800$)
At least 50% of funds raised during ICO are used for bankroll (50% of 6,500,528.48$ = 3,250,256$)

With this calculation, 6,036,064$ are used for marketing purposes, development etc and 3,250,256$ should be in bankroll.  :-\

BUT this is only in case 50% funds collected during crowdsale are in bankroll. Where can we find info about bankroll?

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From site:
How much funds goes to bankroll now?
How much tokens were bought back from investors?
How much tokens are available at the moment?

What is size of bankroll?
What was the size of bankroll after ICO?
How many funds were used for promotion, development etc?
How many funds are left for promotion, development etc?

This IS investors money and these questions should be answered directly to investors.
So, instead of writing speculative esay's ask questions directly.

So after that very long post I confess I could not be bothered to read it, I scrolled to the bottom only trying to stop to read a line here or there. Here are the key points of the ICO:
https://betking.io/ico (https://betking.io/ico)

Anyway, the point being where is the evidence that Dean Nolan followed through with what the whitepaper stated? Do not copy and paste previous posts about which promises Dean Nolan made and what the whitepaper stated. If you have any proof that shows he followed through with the whitepaper promises I look forward to reading them.

Instead of Dean Nolan providing evidence to either refute what others are saying or him providing the very least information to show where the funds are have been spent and what is left, all we get is him locking the Betking thread and him trying get me banned (which was ignored) and him throwing his toys out of his pram and spit his dummy out by refusing to answer questions.

Now about the Betking 50 BTC Jackpot dice game, I already made my point.

My opinion is not important but that is what people say, they call Betking and Dean Nolan scam and scammer. Many people say that.

Thank you for this public service. I hope you will work on other ICO scams in the altcoin announcement subforum. Also, do you have plans to take your case from the witchhunt, FUD, angry user phase to a full working lawsuit to have the authorities do their job?

yeah but whats the point of making a thread stating MUST AVOID BETKING , I mean he does care about investors right ? if people avoided Betking investors will actually lose more so what's the point ??

as a player you should have a perfect experience with betking , yeah investors agreed on ICO terms and lost money but the site for players is good actually

I have to admit you are the perfect lawyer for the online gambling community! :D

I already informed that BetKing commited an investment fraud with not fulfilling the investment contract seriously. 30% of the investment should have been spent to built up the casino, what clearly did not happen!

Means investors can withdraw from the contract and demand their crypto currencies back!

not defending them at all , there is a fact that all users never had a single problem when playing with Betking so customers have no problems
if investors who want their btc back can get them then yeah that would be great , but will that happen ?? no I can't see it happening

these discussions won't help investors at all

what happened to your fortunejack sig lol


<---------------------------------------------------- look







making a lot less btc then before. that sucks

If you have this statement then you are asking for players on betking to lose more so this case will be solved? When big whale lose big, I think it will be good to investors and their ico. This is not suppose to be this way. Do you ever heard anything about their clarification about what really happened on their funds? And where does it go? I do not think they will speak up about this until everyone forgotten and never said anything about this again

This thread was about the elusive 50 BTC Jackpot dice game. Nobody has come forward to explain where the rollover went. That much has been clarified that nobody won 50 BTC at Betking and the idea was (by Dean Nolan) that nobody was ever going to win it with odds of 10 billion to one as highlighted by another user in an earlier post. the question then arises, was it a scam to entice customers to bet? It it was then what can be done next. If it was not a scam then why did Dean Nolan do it and in relation to the elusive 50 BTC dice game, what was the amount that was rolled over that was son instead.

About what you are referring to, it is virtually identical to the one Dean Nolan closed down in December 2016 with a view to having an ICO. He completed the ICO and re-opened the same site with many people saying that the portion of ICO funds which were to go towards "developing" the website actually went in to his pocket because the website was ready anyway - hence the accusations people made he had the ICO specifically to pocket the "development" portion of the funds. 50% of the ICO funds were supposed to go towards the bankroll but there is no proof he did it.

Would you like to bet on a site where the owner did that to investors? If your logic is to do it because your losses will be contributing towards the investors profits then that is your prerogative I salute you for your stance.

Betking together with all ICOs that have caused the bagholders of their tokens to lose an amount of their investment in the bear market. I reckon if you go after one, you should go after all. I suggest you to also expand your service to token fraud ICOs.

Did the qualifying games contribute to the 50 BTC jackpot?

No. He specifically advertised a 50 BTC Jackpot dice game after the ICO to advertise the success of the ICO and to pull customers in. It seems from what people are saying there 50 BTC jackpot never existed so he had no intention of paying it.

From what has been written it seems there was a rollover type which had odds of around 10 billion to one to win the 50 BTC jackpot dice game. So was it fraud to advertise it?

I was booted from the betking telegram channel by Dean for simply asking a harmless question.
It seems like he doesnt appreciate anyone questioning his authority.
The way he edits his own thread and re-locks it is very unethical.
Starting to have my doubts with this guy,

Advertising or announcing such Jackpot price with have corresponding amount on his own wallet to pay up a potential winner then it wont really be a fraud since he do know that theres a 10 in a billion chance to hit it up.
No one knows if he do really mean it or just purely a deceiving stunt to let people come.The question is, did someone wont such jackpot?

Sounds pretty much like fraud to me..

Sorry to read about your experiences with Dean Nolan. It seems Dean Nolan wants to censor the chats and communication to stifle any debate that he does not agree to. The only way he can do that is by using formats such as Telegram and Discord.


I agree with you, Dean Nolan does not like any questioning his authority but he also has a tendency to behave like an immature brat without answering questions that were asked and you are absolutely right, Dean Nolan does unlock to post and then re-lock the Betking thread.

He did it because several people have started to question what they see as a scam in the 2017 ICO along with the continuation of selling tokens to gullible investors that will not bring them the rewards they thought or have been alluded to. He thinks by locking the Betking thread he will stifle debate.

One of the posts he made then edited was where he effectively mentioned investors have got themselves to blame for losing their investment because they did not take "due-diligence". After I quoted him several times he edited the post. What sort of idiot would say that when people are saying he siphoned off parts of the ICO funds to pocket himself and people are saying he siphoned off parts of the ICO funds intended for the bankroll to pocket himself. Instead of providing audits to investors he is hiding the information that can prove his conduct.

What are your views about the 50 BTC Jackpot dice game? He advertised it after the ICO but nobody won because it was set up to ensure nobody would win it. Strange behaviour by Dean Nolan.

Nobody won 50 BTC Jackpot at Betking by rolling a dice and from what has been written by others it seems Dean Nolan was offering 50 BTC at near impossible odds of 10 billion to one. Why the "jackpot" was withdrawn shortly after it was added is a mystery though some think Dean Nolan received criticism for the underhanded way he promoted the "jackpot" so he has a "max payout" of 10 BTC on the dice page now.

Dean Nolan has spent money from the ICO funds to promote Betking where and when he wanted to (this forum, Medium, etc) and int he manner in which he wanted to (games, jackpots,etc) so the inexperienced it seems as though Dean Nolan is doing a great job with Betking but the reality is that Betking has no chance of being even remotely successful while people see his ICO as a scam, while people see his 50 BTC Jackpot as a myth and while he competes for the same space with sites that have great UIs such as Primedice and Stake are out there. Just the domain name stake.com must have cost significant amounts of money.

Thank you for the post.

It sounds the same to me too the more I look in to the shady dealings of Dean Nolan and his Betking website.

You are the Official Brand Manager for Primedice and Stake.com, both have an excellent reputation and look well maintained websites with good reviews. Betking and Dean Nolan are not in your league, never will be because their reputation is destroyed. Everybody in the know believes 100% that Dean Nolan only had the ICO to pocket large portions of the ICO funds for himself under the guise of "funding development" part listed in the whitepaper.

With no audits and no accountability towards his investors he feels he is free to do what he wants.

For current time, I think their trust is still being question, if it this is what really happened from the time they have this issue they should get red trust for scamming the investors but yet they still have some trust there and no one really give up about the ico as well, they still hope their coin is going to rise in the future. As long as they can support their site, I do not think you will be able to get them a red trust either

Thank you for the post.

I think the best thing that happened at Betking recently was that Dean Nolan has started to take an active role in the website. Sure it is disgraceful that he has not used any of the ICO funds for "development" and used simple to plugin affiliate games at Livetable but he only added those games and re-added the failed pre-ICO roulette game to show some progress has been made. Those in the know can see exactly what his pattern is.

It would be great to know how much of the ICO money was actually used to "develop" the site and how much was used on Bankroll. Dean Nolan was pathetic in his approach to use close then re-open the same website after the ICO just so he could use it as a get rich quick scheme. Until or unless he allows audits it might never be known about how much profit/loss investors made and where all the funds were spent, how much of those funds remain and of course all those issues surrounding the 30 million Betking tokens that were supposed to be spent on "development, promotion and legal".

About the 50 BTC Jackpot dice game, from what has been said by others it seems he deliberately used misleading text to promote something that was never really technically there in the first place. In my opinion it was fraud and others have said it was fraud. I am trying to see what others have to say (if they remember the "50 BTC Jackpot" dice game).

I appreciate your views about their "trust" and "red trust". As far as game playing is concerned, apart from the 50 BTC Jackpot dice misinformation issue there are not really any big complaints from users with the Betking website. The fact is when I last checked hardly 7-10 concurrent users are on the Betking website at any given time so it is not as if it those numbers and those comments means a lot but most of the issues are with the funding that investors paid for.

If Dean Nolan runs the site with attention then that is great, his users deserve that but I will not conflate the disaster of the ICO to the actual gaming because they are two separate issues.

It is indeed two separate issues but atleast we do see some efforts but the question is really regarding on the transparency.I thought this thread is already being answered by Dean itself  8)

Actually there is no any real clarification about what Dean Nolan answer to him, this is what I know from what Dean Nolan said on their betking thread, if only Dean Nolan could answer everything here may be this wont be happened, instead of doing this, all what Dean asked is to privately email them or telegram

@Jolly, are you mind sharing of what he said to you whether it is from telegram or email, he said that your question had been answered and you are not fully agreed to him

Dean Nolan has not explained anything to anyone. he has effectively banned everyone from posting on the Betking thread because he has locked it. He unlocks it to make a post then locks it again. He has censored it. He also has been accused by users of being controlling on the other channels of communication by banning people that ask questions that he does not like or wants to hide or those he does not want to give answers to.

Dean Nolan is welcomed to explain the key concerns that have been raised against him and his Betking website. We look forward to his answers to the key complaints and concerns if he can be bothered to answer them.

Were players aware that the odds to win is 10 billion to one?

Advertising a literally not winnable jackpot is the criminal offense of willful deception!

As we meanwhile all know, his ICO was a willful scam as well as his affiliates scam!

But all we get is him locking the Betking thread and him trying get me banned (which was ignored) and him throwing his toys out of his pram and spit his dummy out by refusing to answer questions.

No the players never saw the 10 billion to one odds on the website or on the promotions and they did not know they have to roll twice to win it. All thta information was kept hush-hush bu Dean Nolan. All the players saw was "50 BTC Jackpot" or "50 BTC Jackpot dice game" during promotions.

You talk so much shit lol. Players were made well aware of the terms of the promo and it was removed because no one was interested in it.
No point in running promos that players don't want. I don't know what planet the pair of you are on (though still convinced you and game-protect are same person) where you think removing a promo is fraud.
Every gambling site removes and adds promos all the time.

See that? 3 pages of posts of nonsense when all you needed to do was ask me or anyone who ever played on the site and you would have got an easy answer.

Now go and bury my reply with another 3 pages of posts so no one can see it.

Out of curiosity, how much do you make a month? I assume writing so much nonsense is a pretty tiring job. BTW what ever happened with your imminent police raid on bitcasino lol.


And trying to look at this jackpot issue as objectively as possible, I don't get the problem. Unless someone won the jackpot, but Dean refused to pay them -- which I see no indication of -- this entire thread seems totally retarded.

There's also a sort of irony in the same posters attacking the jackpot for being shitty while attacking Dean for removing the jackpot.

Hello nice to see you finally make a post here Dean Nolan. I am not going censure any of the threads unlike you who unlocks the main Betking thread to make a post and then locks it again.

There is a list of questions for you to answer, would you please be kind enough to answer them? If yes, please do not post URLs to previous posts. Just simple questions will be put forward and we hope simple answers will be given for all to see. That way several things can be cleared up and clarified. Would you please consider it?

Plenty of things to attack Dean Nolan/Betking about, but this 50 BTC promo isn't one of them. Bad promo? Yes. Any wrongdoing? Not at all.

@Dean Nolan (Betking)

There is a list of questions for you to answer, would you please be kind enough to answer them?

If yes, please do not post URLs to previous posts. Just simple questions will be put forward and we hope simple answers will be given for all to see. That way several things can be cleared up and clarified.

If no, then kindly explain why you declined to answer simple questions regarding Betking Tokens, Betking ICO and Betking in general.

Would you please consider it?

Based on my experience, criminals like Dean Nolan living in a separate fantasy dream world usually do not answer factual questions! :D

It is quite sad to be honest because he does not even respond to simple questions.

It is no mystery about why Betking and Dean Nolan have disastrous reputations attached with the word scam.

Nothing surprises me about the betking scammer Dean Nolan.

Please avoid investing in betking tokens at all cost. Dean Nolan will steal your investment.

You really should close this thread, it's nonsense and detracts from any point you may have. Dean had a winnable jackpot, no one won it and he removed it.  That's not scammy, that's business as usual.

That said, betking.io is probably on it's last legs. The homepage now defaults to an exchange where there are unfilled sell orders for betking's token at 50% of their face-value. If that's not a red-flag that spells trouble, I don't know what is.

uhhh, why doesn't dicebot work now?

Regarding betking being on its last legs, I certainly hope it is. He raised $6.5 million to develop the website but re-launched the very same one that he closed in 2016 just to re-open it months later. He broke almost every promise in the whitepaper. The token "profit" distribution was also a disaster.

It was reported Dean Nolan tried to sell betking several times in 2016 but was unsuccessful so he had the idea of the ICO. The Reddit post from chazley explains a lot: https://www.reddit.com/r/Bitcoin/comments/5gfdxk/betking_trying_to_censor_questions_about_ico/

About the 50 BTC jackpot, nobody won it because Dean Nolan did not allow enough time for people to win it. Dean Nolan used the publicity to bring in new customers but removed the 50 BTC jackpot without any notification or announcement. Technically he can do it but ethically he is scammer for doing it.

Do you know whether or not the bets contributed to the jackpot?

There was no 50 BTC jackpot. He used it as a lie to get new investors in to his betking scam website.

Just look at this profit margin. Pathetic to ask people to invest  ::)


http://i67.tinypic.com/29w8pkk.png


http://i67.tinypic.com/zmnp7q.png

I have seen those scenes about selling out the site for how many times but failed and they do came up with this idea.Those things you presume
do really have a point but I would also agree on what Rhavar said above which we cant imply or conclude that Betking did scam anyone specially with that
50 BTC jackpot.Its his choice if it do have the duration just to lure in people, its business after all but having this behavior wont really give good impressions.

You are correct but the reality is Dean Nolan intended to use it as a lie to get new investors in and had no intention to allow anybody to win the alleged 50 BTC.

http://i68.tinypic.com/m9t8d1.png



The scam website has been down since yesterday, almost 24 hours.

The last time this happened on the scam betking website the scammer Dean Nolan blamed it on non-existent hackers and fake DDoS but he keeps doing it. The scammer Dean Nolan keeps fiddling around with the code on the website himself when he has no idea what he is doing.

Sure it is right for a coder to ask whatever he wants and it is up to the site owner to accept or not but scammer Dean Nolan hires coders on an hourly basis from India and Philippines just for a few US$. In order to try to save paying that scammer Dean Nolan tries to modify code on the scam betking website himself but he is a scammer through and through he is not a coder.

The betking website has lost nearly all its customers and definitely lost all its reputation because of the constant scamming including the 2 BTC he did not pay for using licenced software and of course the way he lined up his own pockets with the 2017 betking scam ICO funds with raised around $6.5 million.

Pathetic.

I am looking for information that might help the UK police when they hopefully interview scammer Dean Nolan as a result of my case file.

A "newbie" account was created with the specific intention to send me a PM. He allegedly has information on scammer Dean Nolan but wants payment for it, he wants an escrow before releasing the information.

That does not warrant a reply but I will post here to make it clear that any information that anybody might have that could be added to my case file and help in a case against scammer Dean Nolan and his scam betking website would be appreciated. I am not getting paid for exposing these scammers and I will not be paying anybody for helping with information against them.

Thank you

**BUMP**

Recently some new information came to light that could help in a legal case against scammer Dean Nolan.

if you have any information that might help in prosecuting scammer Dean Nolan because of his betking scam please contact me.

Confidentiality guaranteed.

A 50 btc jackpot offered by an online casino that isn't one of the biggest players in the crypto gambling industry is kinda suspicious to me.I guess that nobody won the jackpot,because nobody met the ridiculous requirements to win that jackpot.

Yes you are probably right. The following post explained the odds very well:

What is going on with betking scammer now trying to get people to post "positive" news about them in order to get bounty?

https://betking.io/bounties

Lots of bounty hunters will dive in for sure. lol
http://i66.tinypic.com/2vanrjk.png

Desperate move?

Absolutely desperate.






Look at this scammer trying to fool people in to "hosting" their casinos using betking software. He claims a few sites gave "good feedback" running betking scam software but did not mention who  ;D

Why don't you try to earn rewards on BetKing bounties? Think of it, it is a good advice. You are by far the most religious BetKing follower Dean could ever get and this time you get paid too  :D ;)

Maybe their pockets is already on drought season.  ;D


Example of people who are always blinded with bounties. Opps, brand new account ..hmmmmmmmmmm

brand new accounts have bigger hmmmmmmmmmmmmmmmmmmmmmmmmmmm s  ;D

Do you know whats the biggest disgrace about all of this? The owner still thinks he is right and people are out to get him, that is the trouble with many of the bad people around the world. They do something illegal or at least immoral and than think that people hate him because someone is out there creating a narrative of them as the bad guy when in fact they are not.

They see themselves as the true good people and either media, or social media or whatever is just creating an echo chamber of bad comments on them out of nothing. They are delusional and need to be waken up from the dream that they are actually decent people. They are probably doing this "write good stuff about us" not as a bribe or trying to save face but they literally believe "people who like our website do not write about it so maybe we should tell them to do so" without thinking even people who hate their website would do it for the money.

Excellently worded post.

Very well put but I would not put it past scammer Dean Nolan to the opposite of what you wrote because he comments about Stake and Primedice in the PM which I exposed was enough to show that scammer Dean Nolan is a pathetic vindictive jealous fool who hates the casinos and gaming websites that operate extremely successfully whereas his own betking website is a shambles waiting to collapse and fade away.

projecting again Liar JollyGood, Liar unhappyevil are you the  pathetic vindictive jealous fool who hates Dean Nolan and Betking.
Liar Jollygood why not accept my bet. Liar Jollygood how long you going to keep lying like a liar.

http://i66.tinypic.com/30ti179.png


User "Inin" on the scam betking website put scammer Dean Nolan in his place

 ;D

Lol you cant be serious, that is a raging whale. This is what rich whales do they spew off money and get tilted and blame everyone but themselves. Have you never been to a casino and sat down with a rich whale? This is how the majority of them act. Get a clue you clueless liar.

For those that are not familiar with what this scammer Dean Nolan has been doing scamming 2 BTC licence fee and attacking genuinely respected people, look here:

https://bitcointalk.org/index.php?topic=2897545.msg47459707#msg47459707

 You are a insane dude, you keep stating your opinions as facts where you have no proof and when you are provided proof you ignore it. When anyone disagrees with your opinion you block them.

https://bitcointalk.org/index.php?topic=4873939.msg50150440#msg50150440

 :D ;D

Do you guys think he somehow got someone to create an account and follow people around? I mean if its only for jolly good than I am fine, that is his thing but if you guys gonna have a blow up fight about how you guys hate each other please do not pull me back into this at all.

Don't get me wrong I think dean Nolan screwed people over as much as the next guy and I am 100% supporting JollyGood on this one but that doesn't mean me and JollyGood are on the same page about everything and I wouldn't wanna be part of a long fight between betking vs JollyGood, wouldn't feel like I would give a damn about your fight.

Yeah, go ahead and say whatever you guys want about each other but please do not put me in the fight as well since I am not inclined to fight at all.

Scammer Dean Nolan has now locked another censored thread because LoyceV was asking some questions that made him feel uncomfortable:

https://bitcointalk.org/index.php?topic=5023833.120

Repeat offender, again unhappy evil spouting your opinion as fact. Maybe he closed it because their are multiple threads of your complete madness everywhere. But no thats not a possibility because unhappyevil knows exactly what Dean doing, knows he going to scam everyone but wont accept bets where he is offered 3 to 1, money where mouth is sign of conviction, you don't believe the words you say because you won't back them with anything. Unhappy evil why you always lying.

So in the other thread you say I stole and in this thread you say you think? What is it? Have you got proof or evidence to back up your claims?

Again, JollyGood still can't provide any evidence to back up his claim of scam.

He seems answered to betking and waiting for the mail too since I checked his reply on that thread. Lets wait and see what is the reply for LoyceV.

LOL Betking replying you here while I typing.

Are you stupid? Of course I locked the thread. Forum rules state one thread per site. I have another thread here. This old one is just another platform for jolly good to post his lies

Better to keep your words off. I went through the answer of you and LoyceV there and confirmed him to wait the answer by PM and any place. I always respect forum members. If you believe that I bothered you, I'm sorry for it. If there are more lies about betking then you can write about them and request DTs to check.
I am not here to suspect or detect the words of jollygood. Leaving here from discussion.

Very unprofessional behaviour by an owner/operator of an online casino claiming to be the "most trusted"  :o

Shame on scammer Dean Nolan, he could not go any lower in to the gutter even if he tried

certainly looked that way.

Anyway, congrats jolly good. you win only because I'm too tired to constantly reply to your shit.
I have far better, more important things to be doing than asking you to provide evidence to back up your accusations. Instead you just ignore and post more shit.

JollyGood has done more to harm investors than I ever could with the constant abuse over the past year.
And BKB holders are part to blame for not defending.

Have your forum.

Let us see. I am curious if he even bothered to reply to LoyceV since a strong consensus in the forum by senior members is that betking is actually insolvent.

Short summary: I can sell $700 BKB tokens for $8 LTC on BetKing's exchange. And I should have promoted his site, Lol :D

I've started working on my scam accusation thread. I don't often do that, but when I do, usually red trust starts flowing.

---

---

Dean:
Also Dean: created account BetKing Support (https://bitcointalk.org/index.php?action=profile;u=1055046)

Seriously you could not make this up even if you wanted to.

The scammer Dean Nolan is an absolute joke. He has just thrown his toys out of his pram again and spat his dummy out again and claimed to have left this forum again just as he did on several other occasions in the past only to return weeks later with his tail between his legs.

Regarding the spectacular fall in value of your $700 BKB tokens now worth just $8 in LTC, it is a monumental failure in the lack of business ethics that scammer Dean Nolan has. Absolutely disgraceful.

Another user on the betking website realised his 300,000 BKT tokens were virtually worthless at just 0.08 ETH

http://i66.tinypic.com/30ti179.png

There are so many reports about it already, this should be taken into custody, freeze their accounts and investigated properly. There are already findings that affiliates records are already deleted. Referred players have been wiped out from affiliates. New affiliate system introduced and all referrers are going back to zero.

I never heard that was still going on.

Very reputable forum members had their fingers burned when dealing in affiliates with scammer Dean Nolan in the past (pocket rocket casino and betking in early days) but I had no idea was still a recent or ongoing thing.

Thank you for sharing the information.

Once again opinions stated as facts liar lair unhappyevil why you be always lying.

https://steemit.com/ico/@cryptobet/betking-io-3rd-crypto-dice-site-to-go-ico-raises-usd888-511-in-presale


"Soon after launch we will add sports betting, more casino games, poker games and tournaments and native mobile apps.

We also have some unique new games and social features that will be announced next month that players will be able to try on the beta site.

Instead of the old investment feature we are launching a crowdsale on the 7th of August for our BetKing Bankroll Tokens."

How on earth did this scammer raise $6.5m when so many people made noises about the scam?

Now scammer Dean Nolan is on his knees barely trying to keep the scam betking site active and resorting to EOS tokens to entice new users even though he could not give them away for free.

This scammer Dean Nolan re-opened post ICO with an identical website that he had before he closed it. Pathetic.

only pathetic thing i see around here is you.

https://bitcointalk.org/index.php?topic=5049155.0

thank god im not the only one to see your spots.

http://i66.tinypic.com/2vanrjk.png





http://i67.tinypic.com/2coj52o.png


So this scammer fool Dean Nolan says that Bitcointalk is useless and has no traffic yet offers bounty to fools that promote the betking scam and attack those that expose the betking scam and scammer Dean Nolan

No it was definitely made up just to entice people to visit the scam website.

Which was worse do you think? This 50 BTC Jackpot Dice scam or the 20 BTC +EV 2018 Christmas Wager scam?

still breaking forum rules JollyGood, is any mod going to do something about this or all of them in bed with this scummy liar?

Any news or updates or information about scams related to scammer Dean Nolan or betking then please let me know because very soon my case file will be handed to the UK Police (Sheriffs Office in Scotland).

I will ask them to consider a prosecution against serial scammer Dean Nolan

this is like asking a pig to fly.

The shameless scammer Dean Nolan has single handedly destroyed the once thriving betking website.

The roots of its disgraceful decline can be traced back to greed.

In 2016 scammer Dean Nolan decided that since betking was getting popular and had made (according to scammer Dean Nolan, allegedly) 7400 BTC profit which was to be shared between the 6000 BTC bankroll investors, he wanted a larger chunk of the profits.

He came up with the idea of the ICO for multiple reasons with get-rich-quick being at the top of the list. During the period betking was closed from December 2016 until the post-ICO reopening in September 2017 it was clear betking was never going to get back users it had lost. They were simply playing at other gaming sites.

Yes you are right, he scammed affiliates from pocket rocket casino and betking and he scammed ICO investors by not following ICO whitepaper promises. He also scammed game players who won 20 BTC +EV and tried to scam senior members from the gaming website community by offering private sales on useless BKB tokens.

I agree with you, yes he should be taken in to custody and investigated properly. I am working on compiling a case file with evidence and hope to send it to the UK Police (Scotland Sheriff) for them to investigate. Hopefully they will arrest him and question him. Hopefully it will lead to a jail sentence. I hope this case file will be ready soon, I am still asking anybody that can help with evidence that might be able to be used to prosecute scammer Dean Nolan to please send me information in confidence so I can add it to my case file and send it to the UK Police (Scotland Sheriff)

The best solution to scammers.... IGNORE them





http://i65.tinypic.com/24g12rk.png




Look at the fools pumping the censored thread that scammer Dean Nolan deletes any and all posts from that expose his pathetic and fast dying failed betking website.

One is an alt-account used by scammer Dean Nolan to attack me and the others are seeking freebie EOS BKT tokens for posting here and attacking me.

betking is nearly dead - that fact cannot be denied and that makes me very happy, it makes many other people especially those scammed in the ICO and those scammed when their winnings were not paid.

I have those scammers on IGNORE because they deserve nothing else

 ;D ;D

You gave me bad reputation? Really lol? You do realize cryptogames sent me a extra 116 etherium on accident and I notified them of their error and sent back. Negative rep is ridiculous.

Will scammer Dean Nolan allow an independent audit of his betking scam? Of course he will not BUT when the Sheriff comes knocking they will check EVERYTHING and that is when things will become very interesting. The alleged army of lawyers and accountants this scammer Dean Nolan claimed he had will prove to be non-existent just as his whitepaper promises.


 :o

Well done to scammer Dean Nolan for informing LoyceV that he can sell his BKB tokens on the pathetic betking exchange for $8 when he should have been able to sell them for over $700 if the quarterly buy-back was not cancelled.

What were the excuses for the quarterly buy-backs to be cancelled?

How am I scammer? I don't appreciate the negative trust you gave me for what reason? Are you aware that crypto games sent me a extra 116 etherium and I notified them ( before they even knew they made a error) and I sent them it all the etherium backand they tipped me 12 etherium, how many people who are scammers would do such a thing? Take note people this guys tarnishing reputations left and right and has no factual evidence to support his claims. This type of behavior should be frowned upon and his words should b e taken with a grain of salt. I have reported his actions to mod several times but have not received a reply, nor do I think he has received a warning.

Please keep sending any information you have about scammer Dean Nolan that could result in UK Police (Scotland Sheriff) arresting and questioning him, related to the betking ICO including.


I am still compiling evidence which I hope to send to the UK Police within a few weeks at the latest. Thank you

How am I scammer? I don't appreciate the negative trust you gave me for what reason? Are you aware that crypto games sent me a extra 116 etherium and I notified them ( before they even knew they made a error) and I sent them it all the etherium backand they tipped me 12 etherium, how many people who are scammers would do such a thing? Take note people this guys tarnishing reputations left and right and has no factual evidence to support his claims. This type of behavior should be frowned upon and his words should be taken with a grain of salt. I have reported his actions to mod several times but have not received a reply, nor do I think he has received a warning. Please explain why you have done this....

So will scammer Dean Nolan allow it?

An audit of the accounts so we can ALL see where ICO funds went?

 ::)

So scammer Dean Nolan is still around here trying to defend betking and deflect blame for the scam  ::)

When the police will knock at his door, he has to show it! ;D

I have most of my case file ready to hand to the UK Police (Scotland Sheriff).

I am still looking for somebody to give me a copy of the 2017 ICO whitepaper so I can compare it to the one I have then be sure its bonafide before adding it to the case file.

Apart from that just a few things remain then the UK Police will have the case file and hopefully they will take action against scammer Dean Nolan.

Would you please stick to one thread like Rhavar kindly asked if you would.

Scammer Dean Nolan and his sidekicks have gone quiet since they were faced with some questions, which if answered honestly could have incriminated scammer Dean Nolan.

If anybody wishes to send me any information in the strictest secrecy which might help a police investigation in to scammer Dean Nolan and the betking 2017 ICO scam - please be sure I will not reveal your name to anybody.

Thank you.

http://i67.tinypic.com/14dnhxu.png

Serial scammer Dean Nolan an admirer as the TG messages show

 ;D

So far alot of attack on this casino, accusation or kind of similar thing, this would be bad for the site. I don't think they can hope for any reputation gain from public forum but getting bad day by day, especially where most crypto owned people would probably know of this place and right away put a stop sign on the decision on depositing to gamble.

To the topic creator: To be honest you are giving a good hand on destroying this site reputation and already had big hand on destroying ICO token value or stakeholders/ owners money. It might be good that if you think this was "help" but I don't think so, you killed the site in a badly way, and it wont have any/slim chance to gain the trust back especially from customers/gamblers. My suggestion is just go ahead and do what you have been saying, collect proof of scam, open a case to police department, report the progress here (what is the police telling you to do, what to collect, how can it further proceed to next step, how far from arresting/court, list of users including their provisioning of proofs to help in the case) instead of repeatly doing this all months long.

To the site owner: As a view from player/gambler on first discovery of your site, it has only three advantages: betting speed, standard house edge, minimum bet size (1satoshi each playable coin). This is not enough since the rake back is none, but only a competition to get some free tokens, which actually useless. Players prefer direct rake back of their betting coins or at least a fixed exchange rate regardless of how is your exchange price going up/down. Second, your telegram channel look like it is for investors not for players, I see all the discussion on price of BKT/BKB, how can one get back, how to increase token price, blah blah, NOT anything specific to gambling/ benefit of gamblers if they play on the site. I was joining to see how the players there telling after all of this accusations floating around the forum to have at least something to consider the site and start playing on but I have to leave after minutes of scrolling up and down, reading what going...nothing helpful to players.

I see no reason that messages about the betking scam should not be posted.

Investors need to know about the previous scams carried out by serial scammer Dean Nolan so they do not get a surprise or nasty shock when their investment becomes worthless.

Game players need to know about previous scams such as the 2017 dice 50 BTC jackpot that never existed and also about the 2018 Christmas wager which winners of 20 BTC +EV were not paid their winnings because if they win anything and then are not paid it will not come as a surprise or nasty shock.

So, But I think they are legit so, there is a big chances that they already paid it to those winner, then for me Its better not to be announce if who is the winner of 50btc for their own safety.

That is not what happened. He withdraw the 50 BTC after people started signing up to betking because he no intention of paying it.

Serial scammer Dean Nolan was creating fake buzz in the hope to pull in investors.

I hope there will be a an action to this issue. We the gamer and as a part of investor here in crypto world will hope that there will be a disciplinary action to this kind of project because we won't waste our time,money and effort to the project that will also fall at scam. All we know that this is possible when leagalization will came

Even if there will be a successful outcome for investors and serial scammer Dean Nolan was takne to court in his native Scotland, UK his seized assets would probably not be anywhere the millions of USD$ he stole from betking investors.

Any form of legalisation (which already does exist in some jurisdictions but not all) would be coming late because betking and serial scammer Dean Nolan have already ripped off investors though it might lower the chances of future scams if a universal type of legalisation for ICO/IEO were introduced.

Personally I am not inclined to agree with it because of the red-tape.

Disgraceful imbecile serial scammer Dean Nolan still coming here to pump his betking propaganda even though he claimed only scammers, extortionists and trolls visited here and he said the forum became a cesspit of trash.

Still deleting posts made on his censored scam threads where he still tries to pump propaganda.

yeah also supported this mate,i dont know Betking actually but as the mentioned by @Oilacris this is a Game and a must to win not a giveaways so the event to take place someone should win first so maybe thats why there's no announcement because there is nno actual winner

but i don't stand right because the only one can answer this is Betking and also the winner if there is really one

Edit:sorry didnt saw this earlier

well i guess you have already made the point here mate and i really doubt their sincerity to answer what must be done

They will not answer direct questions because serial scammer Dean Nolan simply appears in this forum as and when he wants to pump nonsense about the betking scam.

His reputation has been destroyed and even now the serial scammer is using the crash software on the scam betking website without paying the 2 BTC licence fee.

Not much else to say except be careful of betking and serial scammer Dean Nolan

Truth is serial scammer Dean Nolan is continuing to use this forum to post propaganda about his scam betking website.

He recently said he would leave and never return here because he said "this forum was a cesspit of trolls" and said a lot worse.

Beware of serial scammer Dean Nolan and his betking scam

https://bitcointalk.org/index.php?topic=5122856.msg50266386#msg50266386

This forum is a cesspit and full of trolls, you being the biggest one of them.

Look at your posts, no one cares. You have to keep deleting your old posts and then reposting the same shit over and over. Get a life.


This forum is totally corrupt. The mods are just as bad as you. They delete all my posts which are on topic, informational or answer questions yet they let you break the rules all the time and continue your smear campaign.
They are pathetic.

Just because I think the forum is toxic or full of idiots it doesn't mean I have to stop posting. If my one post is seen by an old investor who might not be keeping up in other channels it's a good thing.

 ;D


The serial scammer Dean Nolan dismisses and disrespects the forum and its moderators but keeps posting here to update imaginary users that might have missed email updates regarding the scam betking website.

What nonsense excuse is that: "If my one post is seen by an old investor who might not be keeping up in other channels it's a good thing."

The pathetic compulsive liar serial scammer Dean Nolan tried to fish for more users here but nobody is interested in his betking scam.

Where are those 200,000 new users that the EOS token airdrops were supposed to bring in  ::)

All those airdrop tokens burned, all those extra percentages of ownership going to in the hands of this pathetic serial scammer Dean Nolan.

I just checked the scam betking website, the chat has been added again even though it mentioned by serial scammer Dean Nolan nobody used it and did not help in any way. And there are a record 13 users online, 4 of which were not logged in so could be bots or found the website by chance. The 9 logged in users are hardly setting the gaming world alight.

It is clear betking is dead and that makes me happy to know serial scammer Dean Nolan will not be scamming people for much longer using betking because betking will have to shut down soon as it is a commercial and business failure.

I wonder why serial scammer Dean Nolan is not paying the 2 BTC fee that is required to be paid to use the Crash software? The owners of Bustabit/Bustadice own the Crash software.


https://i.ibb.co/ZYH9DS6/bkscam1-Copy.png



Pathetic imbecile

I got questions for both of you guys.

Jollygood, did you just assume that there 'might be' a winner or are you sure about that? Why is there no reference from your side to prove that your claim is true?

Betking, why was the project abandoned? Were the investors settled with all the money they invested? Evidence? Will you say that I'm also a troll without replying to my questions? It cannot save you from the claims that are against you.

I could answer you seriously but when you start with "Betking, why was the project abandoned?" it is quite hard. What makes you think it is abandoned when clearly you can visit the site and see it is open?
Can you find any actual investors posting in these threads about any loss or amounts that need to be settled or are you just believing what the idiot JollYGood and his crew are posting?
I wouldn't say you are a troll but you are posting with a bias already against the site based on lies which almost everyone here does. Instead of you know, looking on the site or reading my posts or even contacting me to clear things up.

As for the jackpot. We had a 50 btc jackpot which was provided by BetKing funds in 2017, not players. It did not increase as players bet, we didn't take any money from players to fund the jackpot.

We found that players were not interested in playing for the jackpot and that this promo didn't attract players so it was removed in 2017 or early 2018, as any casino would do and that any casino is within their right to do.
It is such a stupid thread that makes no sense to even have been posted in the first place

First of all thank you for your post.

I did not assume there might be a winner, I assumed the odds of anybody winning the jackpot were almost impossible as they were at odds of around 10 billion to 1 therefore there could never ever be a winner.

He used various promotional outlets to let the world know there was a 50 BTC dice jackpot but when he pulled the plug on the promotion he told nobody, one it was there and the next it was gone. There was no need to provide reference to back up what I said because serial scammer Dean Nolan himself said on multiple occasions that nobody won the 50 BTC jackpot.

Therefore the notion this imbecile serial scammer Dean Nolan decided to promote an imaginary 50 BTC dice jackpot to "celebrate" the re-launch of the identical betking website (that he closed several months earlier) was just a pretext to try to pull in new users or try to get back those that left and went on to better experiences such as Bustadice, Bustabit, Stake, Bitsler and Primedice.

And where did those 50 BTC come from? This serial scammer Dean Nolan stole at least 30 million of the 100 million ICO tokens and nobody cna be sure exactly how many millions he siphoned-off for himself by diverted funds illegally.

Today those are facts because there is hardly anybody playing there and he failed to get game players back. He could foresee that failure coming so he tried to drum up a fake 50 BTC jackpot but that backfired too.

I don't want to defend BetKing, because Dean Nolan is obviously a scammer. But I think the focus on the jackpot is extremely misplaced


What's wrong with offering a hard to win jackpot, unless you are dishonest about how hard it is to win?


I don't think there's anything wrong with offering a jackpot, and then removing it. It's not like he promised it'd run forever.



Dean's stolen enough bitcoin that he could easily have paid it if he wanted. But no one won it, so we'll never know what Dean would've done. So it's a bit silly to worry about.

What an idiotic post from serial scammer Dean Nolan.

The 50 BTC funds were not from betking because betking never had 50 BTC of its own. The 50 BTC had anybody however unlikely won it would have come from the ICO funds that were to be used for other things.

The good thing to come out of all of this is that betking is as good as dead and serial scammer Dean Nolan is dragging it along until he has no choice but to either abandon it or sell it just to "move on".

He has used betking as a vehicle to scam millions out of investors and those that fairly won games but were not given their winnings - so the sooner betking is wound up the better so others cannot be ripped off.

Same as RHavar, I'm also not a fan of Dean but just a few things in my mind.


It's a 50 BTC jackpot Betking was offering, so it was for sure that they would keep the ratio to win it very high and hard against the odds of actually winning it over.


It was an offer made by them and the sole authority remains in their hands to keep or destroy it. If Dean claimed that nobody won the jackpot and if there is really no one who, ever came to claim that he/she won a jackpot there and were not paid by Betking, your claims are clueless and useless then as the power to snatch back the opportunity to win a jackpot was in the hands of Betking by stopping their promotion, so what did they do wrong?


I saw once that Betking yielded more than BTC700 during its old days, do you think it'd be hard for them to give that BTC50 jackpot to their winner if there would be one.

Serial scammer also once claimed to donate 25 BTC at a rate of 1 BTC a day between 1st December and 25th December 2017. And this is the same serial scammer Dean Nolan that can not afford to pay the 2 BTC licence fee to Crash software owner but continues to use the software.... None of these things conclusively prove anything.

What can be said is the context in which I put them forward about the 50 BTC dice jackpot. The whole points was the intention he had of never paying it if anybody had won. My point was and is that he never had any intention of paying it for several reasons. It was a ruse, a smokescreen to use as an excuse to try to bring in new users. The odds were 10 billion to 1 so a winner was never going to be a possibility anyway. And yes, he withdrew the "promotion" without any fanfare. To some it might be business as usual, to others it might be highly unethical and to others it might be fraud.

I am not disputing that the 50 BTC dice jackpot was not won, in fact I am highlighting the fact it was not won and highlighting that it was not surprising that nobody won it. It was also not surprising that it was withdrawn.

He never paid over 20 BTC +EV to winner of his most recent 2018 Christmas wager so how on earth was he ever going to pay the 50 BTC had somebody won?

I think you're kind of missing the point.

So after the 2018 Christmas promo he canceled the prizes and rolled back bets because of unspecified "abuse" (which I believe means he didn't want to lose so much money). This was obviously unethical behavior that absolutely no semi-respectable casino would ever have done. So that's a perfect example of something you can correctly point out.

However, speculating on the hypotheticals and intentions (like what he would've done, if someone won the jackpot) is not productive and makes people not take you seriously. It's like accusing someone of child-abuse because they're such a bad person that if they ever had children he'd abuse them. Well. Maybe? Better to just focus on the things that make you think they're a bad person..

Everyone by now know that Dean Nolan is a scammer still why people trust on him and gamble on betking website ? Those who annoucnes 20 btc - 50btc prize money for jackpots will never give you this much big amount and these are just for cheap publicity.
Another strange thing is that he can run the website without even paying the mandatory license fee  :-\  

That is what I was trying to make JollyGood understand that you cannot blame somebody for a decision that comes under their authority and the arguments he was giving had nothing to do with bets roll back and promo cancellation as he was just assuming that Dean could not have paid the winner if a winner could have taken place. Dean PMed me telling me that he bought all the ICO tokens which were worth BTC600 and JollyGood is trying to ruin Betking's reputation and stopping the investors from getting back their initial investment. I'm not saying that I believe him, I wanted to tell this publicly so I told.

I pmd you because you decided to ignore me when i replied to your question in here. Like everyone does.
I didn't say I bought ALL the tokens (post the message I sent), I said I bought most. I spent 600 btc buying tokens back and owned almost all of them.
I also told you that out of the top investors I speak to around 20 of them, none of them post scam accusations here. They knew what they were investing in, they know how it turned out, they know I'm trying to do everything to make sure they didn't lose anything but people like jollygood and the rest of the scum on this forum make that extremely difficult.

So continue posting lies and ignoring any of the truth that I post and believe idiots like jollygood and rhavar etc.

Now that you're replying, could you answer why you never paid out the christmas-wager-promotion and instead chose to roll back bets? Was it you didn't have the money, or didn't want to pay, or there was some legitimate bug people were exploiting or something? Just curious.

So at least we all know what the serial scammer pathetic imbecile Dean Nolan has been saying in PMs to people.

This serial scammer fool Dean Nolan stated "I spent 600 btc buying tokens back and owned almost all of them" but that is a lie. The disgusting serial scammer Dean Nolan sold the 600+ BTC bankroll funds to buy back almost all the tokens and those tokens should have been owned by betking not serial scammer Dean Nolan.

The reason why he sold the bankroll funds and effectively destroyed any small chance betking had to survive because of his own greed. He stole 30 million of the 100 million original 2017 ICO BKB tokens and siphoned several other millions off and needed to cash them in because the buy-back guarantee was based around profit and the site was failing.

He stole the 600+ BTC bankroll funds and used them to buy-back his millions of BKB and those of investors willing to sell them. If he sold back just his own he would be in prison right now so he ensured he sold BKBs belonging to others that wanted to cash in.

Thank you for making that information public. Serial scammer Dean Nolan has been spouting the same lies in his Telegram and asked people to sign up here specifically to attack me and others that have exposed the evil disgusting serial scammer Dean Nolan for what he is.

So at least we all know what the serial scammer pathetic imbecile Dean Nolan has been saying in PMs to people.

This serial scammer fool Dean Nolan stated "I spent 600 btc buying tokens back and owned almost all of them" but that is a lie. The disgusting serial scammer Dean Nolan sold the 600+ BTC bankroll funds to buy back almost all the tokens and those tokens should have been owned by betking not serial scammer Dean Nolan.

The reason why he sold the bankroll funds and effectively destroyed any small chance betking had to survive because of his own greed. He stole 30 million of the 100 million original 2017 ICO BKB tokens and siphoned several other millions off and needed to cash them in because the buy-back guarantee was based around profit and the site was failing.

He stole the 600+ BTC bankroll funds and used them to buy-back his millions of BKB and those of investors willing to sell them. If he sold back just his own he would be in prison right now so he ensured he sold BKBs belonging to others that wanted to cash in.

LOL

you really have no clue what you are even talking about at all. You are so tangled up in your own lies that you just post incoherent nonsense now

And there is the emphatic answer the serial scammer imbecile gives... "LOL" is the best this evil serial scammerDean Nolan can give.

It brings me no happiness or pleasure to inform members reading this thread that betking.io has been re-launched again. I cannot recall how many times the owner/operator has closed and re-launched the website, each time seemingly carrying out some sort of scam.

You are advised to keep away from investing in betking.io when the owner decides to launch worthless tokens and you most probably will be out of pocket if you have funds on their website and that happens to be the time the owner decides to exit scam again.