There are so many options of calculations that game-protect literally has no idea how we could come up with so many ways of profiting from this. First of all you can literally buy at 8 cents and that's fine, then we can make money from dividends, that is fine too, then you can profit from price going up, then you have reinvesting dividends to increase your payouts as well. I mean this is by far the best passive income method in crypto right now and people do not know about it just yet and that is awesome. If it was too much known we would have probably seen a huge increase in price, its actually quite profitable for us that nobody hears about it until we get more money and buy even more bet tokens. I am not gonna lie I am more of an investor than gambler so I stopped gambling as soon as it hit the markets but I support everyone gambling here . Yep, been cashing divs since a year now and bought more BET from exchange both Binance and Newdex. I do sometimes try my luck when I cash my dividends but nothing much though.
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Back on eosbet, if you calculate the current price of bet token on binance plus the dividends, you can actually make your money back in 3 years. It all depends on how much eosbet will continue, if it gets slower than it will take longer, if it gets more crowded than you can recover even more quickly. Now risk is, if eosbet continues this "awesome" marketing, I doubt it will get bigger anytime soon, however its all a bet in the end.
Currently it's 1.6 year and not 3 years, but yeah your general point stands. The latest marketing efforts are a good start though. Wasn't much of a fan of the telegram promo, but I guess it did it's job, I like the new twitter promo a lot more! And working together with Dapp.com getting banners up there is good. Also a huge banner on the new listing at the Newdex.io exchange (by the way EOSBet got listed today on Newdex.io ).
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If you have not seen any dividend payment schedule for bet token than its your fault not to check the website, if you check the website you will see how much a person is paid in one week of holding 10k bet tokens (that is the number they usually calculate to) which means if you get 10k bet tokens (as low as 300 dollars for a while) than you will make 2+ dollars per WEEK.
It means you will be making around 8-10 dollars a month, that is literally just a 30 month investment that will give your money back, less than 3 years and than you will be able to also still sell your currency on top of that but at that point why bother? Just keep getting paid.
I would highly suggest people who have bet tokens to reinvest their dividends into buying more bet tokens which would increase their earnings and they can buy more that way, at the end you are literally spending just once but you keep earning more and more each month thanks to it. Dividends are a very very crucial part of the calculation.
FYI: Currently the estimate of dividends for EOSBet is $8.87 per week not $2+, but let's continue assuming it's 2+$. I like the way you calculate and that is also not even including the potential increase in dividends over those 3 years. If you believe in EOSBet like I do you would also consider the growth of the user base and increase of volume a long the way. It's good that your calculation is conservative, but I for one expect that the current average dividends per week will be at least double in 3 years (and that's me being conservative)
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Better to just click the ignore button on him man, he'll never stop, just ignore.... everyone knows already what a troll he is. He's bound to be banned again from this forum (hopefully permanently next time).
In other news, been a very good BTC volume day today, dividends well over 20k USD total again https://twitter.com/EOSBetCasino/status/1172941294131392512
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Yup, it's difficult to keep the same (30%) percentage every time they (really) burn tokens from the market. Hence, it's easier to lock it somewhere permanently. However, it also comes with one major drawback, i.e., BET token doesn't get more valuable because of the total supply is unchanged.
It means that the token holders cannot expect more dividend if they didn't increase their BET holding.
Actually BET tokens do get more valuable as they are permanently taken out of circulation. Therefore the maximum supply drops. The dividends of those tokens are use to buy back more tokens. The price of buying back the tokens will increase the price of BET. They might be locked forever in a smart contract, but the effect is the same.
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Honestly, as a long time fan this was the worst idea yet. This just means that your telegram channel is rapidly coming beyond useless. If someone has convinced you on that the number of subscribers of the telegram channel counts on something, they don't know what they are talking about or just lied.
I agree about the members count in telegram with all the possible botting is no stat to look at. However they have also stated they will check for botting and filter those out. On the plus side, I've noticed an increase in dividends since they started this promo, so if those are related I'd say it's doing something good for all BET holders. We can probably expect more of these TG events for BTC and BCH as well, maybe ETH/XRP/BNB as well when it's released. Last thing: I don't believe we should bash this promo against a signature campaign. EOSBet can do them both, even at the same time if they want. All I care about is is it working in terms of volume on the platform that turn into dividends in my wallet
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EOSBet started a 66 LTC giveaway.Invite friends to the EOSBet Telegram channel and receive a share of the 66 LTC giveaway!! You need to get your personal referral link through their telegram bot here: https://telegram.me/EOSBetPromoter_botThe more friend you invite, the bigger your share -------- Also they've updated the website theme for an Asian holiday, looks nice: Happy Mid-Autumn festival to everyone celebrating it
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Nothing has change yet to its price after weeks in binancedex. Maybe its really true that this needs marketing and more exchanges listings. There must be several EOSdexes out there willing to list this token, can the team even prevent EOS base exchanges to add this? Moving back my EOSBNB to EOSbet account.
EOSBet has been approached by Newdex, that might become the next exchange. Could be coming fast as I think listing an EOS token on Newdex can be done very fast. But who knows...
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I hav eplayed in this casino, only with 500 usd. i won 650, tried to withdraw the money. But as expekted and as most bookies do, they do not pay out and did not reply on my messages. Then cancel the withdraw, and I wasted the money. Looks like another scam.
You are the scam sir... you only talk fud here, but you don't actually post proof as this casino is 100% proven fair en 100% on the blockchain, regulated with smart contracts that does every payment automatically. If something went wrong you can just check the blockchain. Feel free to post it here and I'm in their telegram and follow about every message in there and never have I seen them not help anybody with an issue.
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I haven't tried it yet, is there a guide to move back BET tokens to the eosbet account?
I bought few BETS lately I would jsut wait for the price to spike before moving back again to Binance, but for now all I want is to receive my dividends. I can't afford to lose some of it. Has the team provided a guide for this?
Doesn't the swap page work? On there you can find your bnb deposit memo and deposit address. Not sure if it works, i haven't tried it out yet but, why wouldn't it? Maybe try with a small amount first. It's works.. have transferred both ways
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I haven't tried it yet, is there a guide to move back BET tokens to the eosbet account?
I bought few BETS lately I would jsut wait for the price to spike before moving back again to Binance, but for now all I want is to receive my dividends. I can't afford to lose some of it. Has the team provided a guide for this?
Yes you can find it on the EOSBet announcement: https://steemit.com/binance/@eosbet/binance-dex-listing-additional-detailsThey made it very easy
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This is how the depth of the current orderbook for EOSBet looks like: I can see it only going 1 way...
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EOSBet is pleased to announce that we have successfully launched the HILO game.
The rules are fairly simple:
- Cards are ranked as in poker, except aces are always low - You may re-deal until you are happy with your starting card - Set your wager amount and place your bet to begin - Predict whether the next card will be Higher/Same or Lower/Same - At any point, you may "Cash Out" to lock in your winnings.
As with all our games, you can play in EOS, BTC, LTC and BCH. Let’s see who can get the longest winning streak today! Very nice! Love Hi/Lo, more interaction in the game than the other ones. Hope to see more of those! Blackjack next maybe?
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Yeah, some users want to test the games before place real bets. Perhaps they should create a test token like FRD in MintDice.
They actually already have such a system in place with the marketing funnel. Just try to open eosbet.io with an incognito browser. I think their idea is to push the price higher than the airdropped 20:1 (~0.3 EOS) so that users who want to own BET token would rather playing in the casino than buying in the market. Honestly, I'm not a fan of this "intervention" since I'm a free-market supporter. But hey, it's just a game (and a gambling site), they can do whatever they want.
I understand the "free-market" idea, but my opinion here is: 1. Since it's a free market, that also means the company can buy or sell whatever they want, since it's free. 2. It's very common for companies to do buybacks, seen it many times on the stock market as well.
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Thanks, also if i have understood correctly, buyback comes from the dividends account? Or 50% of what we are supposed to get in dividends. And dividends are lowest in a long time so i am interested to see how that plays out.
They explained it in telegram a bit further (you should really join if you haven't already, you can read it all first hand): Buyback will come from the team fund, meaning 50% of what accrues in "eosbetcldstr" starting next week will go toward the buyback.
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I don't get the swap process. Can i move bet tokens that i buy from binance.org directly to my eos account, or does it have to be the eosbet account? Well the Binance DEX has it's own blockchain, while EOSBet is on EOS blockchain. So if you want to get BET tokens to or from the exchange it needs to be swapped to transfer them cross blockchain. Doesn't matter if it's EOS account or EOSBet account.
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