I think people are ignoring the fact that only 10% of the profits will be given back to GBT holders.

Since people are very optimistic, lets assume an ABSURD grow will happen and within 1 year people are betting up to 1 million USD every year on Gamebet.
Rake is 2%, so thats  $20.000 profit.
They will keep 90% of that for themselfs so $2.000 will be given back to GBT holders (and im not even taking expenses off, lets say its all profit).

So, for 1 Million USD of betting,  $2.000 USD will be distributed for GBT Holders over 21 million coins.

It means that for every BTC you bought of Gamebet, you will receive back an amazing $1.75 USD every 3 months.

Heck ... lets say they make 10 millions every year! Still it will only give $17.5 USD every 3 months.

And now the price is even higher then the ICO, so the numbers would be even lower becouse 1 BTC gets you less GBT's then you would get on ICO.

So from where i see it, the people that invested in this didnt bother to do some basic math.
They just crossed their fingers and hopped someone would pump this coin in order for them to sell off and gain some money.
That would be the only way to win, becouse for sure the profit distribution is irrelevant.

Is the idea behind Gamebet great? Sure is!

Is it investible? Surelly not. For 10% of profits shared, the price would need to be 10x lower.

the longer the price manipulation clowns at yobit (not owners)   play with this, chance of it being successful go down. I like this coin but you see it, and them babbling about it.  Its open and not even funny. Have watched them wreck a few this way.

i think i did a mistake. i logged in gamebet.gg and i clicked on the Gamer Gold Icon, the i bought 5 BTC that is about 2050 Gamer Gold

2050 Gamer Gold = 2050 $ so this is only for BET i`m a big idiot then.. my browser did not show the invest button...

Finished taking profits on 30% of my position. All mining costs, including fixed equipment and electricity over more than two years, as well as purchase costs on coins bought when nobody else wanted DGB, are covered. Everything left, 70% of my initial position, along with all the other key cryptos I own and recommend (that I bought when I started profit taking and diversifying on the last major spike), now have a ZERO cost basis!

 

Will take another 10% off the table on each future double from here on out.

. . . got to share the fun, and the wealth.  

So tomorrow is the first poll?

welcome in bud  

fun time ahead 

I know from inside sources that the notorious altcoin legend trader/miner "Notsofast" has sell orders up to 18k! Can you imagine what you would do with all of the money if DNET hits 18k? I don't think the human mind is able to comprehend.

With another 49M coins to be distributed over the next 5 months is going to see the price of this coin at 200 sat.

By cutting the total to around 20M it would relieve the mining dumps and give this coin a chance to fly as it rightly deserves so.

By cutting the supply we all benefit.