Stop spamming by ChatGPT replies.

You deleted my genuine reply, that's what you did, clowns

I'm sorry to say you are still living and thinking in Web2.

Let me open your eyes. For example the project I was talking about earlier, read below and you'll understand that casino owners don't need the gaming revenues, they are happy of people using & trusting the eco system, and in the founders interest is not manipulate the system, quite opposite, the success is in the math below:

Founders got 18% of coin supply locked for 3 years then 5 years vesting. Read this yourself https://betfin.gitbook.io/betfin-public/tokenomy/bet-initial-distribution/team-pool

With current price being 0.0022$ founders the've got 140,000,000,000 BET that's 308 mil. USD does this sounds to you like "This concept can not work" so without even properly launched this coin price can go 5x then do the math again 0.011$ x 140,000,000,000 = 1,5 billion USD.

Yes as you can see, lot of work has been done already, and devs are working to add more games including lottery.


Yes, you are stating the obvious, lot work needed to make successful project fly


100% people will earn yield that require zero effort, or they can became affiliates to bring others, who can replicate the same and that way to grow your daily rewards.


100% correct, people are lazy to learn and use the brain power, if that requires 45 minutes of focus. No rewards in life comes for free 100% right, if so, then it's usually illegal or scam. In order to achieve something you have to earn it by work or invest at least time to explain or educate others .

Well, did you read my previous posts? I doubt you did, so here is the point you guys with Stake.com and other casino banners in your signature don't get.

Founders got 18% of coin supply locked for 3 years hen 5 years vesting.

With current price being 0.0022$ founders the've got 140,000,000,000 BET that's 308 mil. USD does this sounds to you like "This concept can not work" so without even properly launched this coin price can go 5x then do the math again 0.011$ x 140,000,000,000 = 1,5 billion USD.

So the owners are happy to give away all the casino revenues to it's stakers using eco system, because the trust and demand for the coin will make them the pay day.

I would truly appreciate someone who can challenge me on the betfin eco system, and where they see the glitch. So far with my 15+ years experience in gambling I don't see any.

I think it's very simple to differentiate based on if these brands are using an WhiteLabel platform providers or the platform is in house build.

Can't find or identify which one is X Casino url is the one being talked about here.

I'm simply one of the stakers in the eco-system so I'm biased towards betfin and to make it work. Such system would not be possible to run without introducing network marketing as backbone of the whole ecosystem. Let me share you few videos that explains the basics:

1# Introduction to Betfin https://youtu.be/dGUBODLXsyw?si=Jr0Ccu_S2SVIIEnG

2# Staking https://youtu.be/qtEQFoNi1F0?si=u6Cr2eEBn6WTCanS

3# Betfin Affiliate https://youtu.be/M_2BKrRmFw8?si=kbuKEnHw3b6nzXS8

4# Join the game https://youtu.be/wR23L4XOXfA?si=PJqo2ANS7S3zF1do

To understand our innovative eco-system, please visit Betfin Academy (ideally on Desktop) via following invitation link, that allows you to mint your own NFT access pass: https://betfin.network/academy/new?ref=25798RS   

Without staking, is not possible to invite others. Affiliate bonuses comes from other staking their coins to replicate the same economical behavior.  have same rules as everyone else in the eco-system.

The mind blowing feature for me personally is this binary matching bonus, explained here. https://betfin.gitbook.io/betfin-public/affiliate-manual/affiliate-explanation/binary-tree-and-matching-bonus/binary-matching-example

No I'm not OP. I was searching if internet has recognized terms like 'decentralized casino ownership' and Google sent me to this thread, so I registered on this forum and joined conversation.

If you open betfin.io and click on Tokenomics, you'll find out there will be on ever 777,777,777,777 BET tokens created.

Not everyone wanna be casino shareholder you are right! You can be gardener, waiter, chef, fireman whatever.

Supply is limited and the certain rules are also in play, that has implications on the rewards that comes from network that is the backbone of the whole betfin ecosystem, which creates demand for the coin, that will result in price going up.

How are you keep players playing? Well, globally there is millions of gamblers who can't stop playing, that's why Las Vegas and online casinos still making their living.

Centralized casinos is not why are we talking on this forum. Large crowd is because the burned zillions on marketing etc. Betfin do not need to burn zillions, they let it's users to spread the idea and actually offer business proposition against loosing money in casino like degenerates, by staking and creating network = because it's invitation only, if you wanna stake.

Here is invitation link to Betfin Academy with video tutorials explaining everything https://betfin.network/academy/new?ref=25798RS

Without invite of an existing member you can't stake, you can just play as a player.

I think you are missing the point here re betfin. I've been in gambling industry more than 20 years and I think this time Betfin founders are out for some big success and I try to write few bullet points below:

- established casino owner getting all the casino profits, non of the gamblers can turn into it's casino owners
- betfin and it's affiliate/ aka network marketing goes into unlimited depth all on-chain tracked & irreversible
- from the network they pay in binary matching structure 8% out of 1% every stake again into unlimited depth

I think betfin founders nailed few elements which I think are pre-determinated for success.
- Gaming/gambling
- Dex ownership among all the stakers
- magic of crypto & smart contracts ...being able to create it's own coin that powers the whole eco-system
- network marketing with 49% float of all coins dedicated for network

Just if you look into tokenomics, this project is so clever made. 18% goes to founders locked for 3 years + 5 years vesting that's total 8 years until founders can get out. Now do the math current price 0.0023$ x 140,000,000,000 = 322 mil USD ... project is 10 months old and haven't even properly been launched, imagine price of the coin goes 3x to 0.0069$ then founders sits on 966 mil USD.

I've never seen more clever casino "based" project merged with network marketing.

Then watch this ... bf.casino ... they are out for stir up the landscape. bc.game that's basically where bf.casino is heading to with having the already existing and circulating or staked BET token being plugged into + all other coin deposit methods perhaps fiat .... coins like BC Token or Rollbit Coin does pretty much nothing.

You guys keep staking BET before this rocket fly.

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I'm very sorry but you are as well like your friend here missing the point.

- Profits from staking goes to your wallet every 7 days from Conservative pool and 28 days from Dynamic pool. Smart contract is irreversible & audited by Certik. Devs can't change that, it's set in stone. So what saying is exactly what is happening on betfin "Everyone wants to see their profit sent directly to their account."

- there is auditor company certifying the smart contracts, which proves the all rules are being executed by smart contracts as advertised.

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Man you missing the point again here, it's actually funny, let me help you.

Imagine this. Betfin has no central entity such a company aka casino owners. UBO's (Ultimate Beneficial Owners) are in this case anonymous wallets spread around the globe who are getting paid casino revenues. This effectively is something you can't regulate, betfin can have stakers and players in every country, because hardly any regulator can chase currently over 14k stakers aka casino owners, who provided just wallet number.

"Anything decentralized and blockchain should be secretive" well you have U.S. President secretly launching his meme coin into his supporters and not telling anyone, just only he posted about it on his Twitter, but pssst it should be secretive.

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Sure man why not. You can get betfin white label aka Partners contract starting 12,000 USD without needed any licence, any company registration or formation, no paper work, no KYC. All you need is Polygon wallet to sign smart contract with, Polygon node servis and your domain.

Here you go https://betfin.gitbook.io/betfin-public/for-partners/faq-and-terms/partner-tariff-terms

Dynamic staking pool, it is because roulette game can temporarily register loss from casino point of view, however longterm it is profitable for casino. Comparison to Conservative staking pool that is collecting steadily 3,6% from every game, therefore no P&L game, only profit hence 3,6% charged. Hope it makes sense.

Hey,

I think I've seen one or two attempts trying to achieve what you are suggesting. I've personally started doing some research some time ago on this GambleFi landscape and found two:

https://ridotto.io/
https://betfin.io/

Ridotto, seems kinda dead, I've tried to login with wallet and place some bets, but markets were not showing any odds after log-in, haven't studied as closely yet.

Betfin, only 3+1 games are live. Stakers are effectively casino owners. Staking contract for 80 weeks. Two pools Conservative (Player to player games, casino charges 3,6% with revenue accounting cycle every 7 days ) and Dynamic (backing so far 1 game, which is roulette, accounting cycle every 28 days). Pretty much all information on gitbook https://betfin.gitbook.io/betfin-public

I've staked my BET tokens on June 2024 with Conservative pool yielding 19% so far and Dynamic 49% so far. After 80 weeks my unlock date in Dec 2025, let's see.

Happy to learn about more similar project.