[ANN] BetKing.io ICO - Bitcoin Gambling website - 581.4 BTC raised so far

[psomas2]

I invested today. Please dont let me down Betking.

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[daCoops]

Just to say I've invested and fully support & trust BetKing/Dean. Been invested in the bankroll for a few years now and never had a problem (and also been betting on the site on and off). Should be good to see what the ICO holds in store for the future..

[psomas2]

Just to say I've invested and fully support & trust BetKing/Dean. Been invested in the bankroll for a few years now and never had a problem (and also been betting on the site on and off). Should be good to see what the ICO holds in store for the future..

Profits hopefully. Lots of them. Now if the bitcoin blockchain can find a few more blocks before I die that would be great because I also invested in the pure vidz coin and id like to see my investment show up. I sent it about 40 minutes ago and it only has 1 confirmation.

[Lanzador]

Yep, I posted in the OP I would update it daily.

I thought I'd be trusted enough to let 15 coins wait a little bit considering I just divested 6000

Ok. I was just confused whether I'm seeing the right address.

In OP, it is stated that "BetKing will create 100,000,000 tokens (100 million) to represent 100% shares of BetKing." Does it mean BetKing will issue a new pre-mined alt coin with max supply of 100 million?

If yes, will users need to have that alt coin client and dividend be paid in the same alt coin as well?

If no, will the token ownership only be authenticated through BetKing's centralized DB?

That is yet to be decided. I would like the alt coin one as then you can trade on exchanges. But it might be only on site (which would be easiest).
This needs some small clarification still from lawyer before I can make the decision but will be made before ICO end.

Would be best to have a tradeable coin, I would think - then it acts more like a stock where people can determine real market value for it

Agreed. That's the route I'm looking to most likely take. Will announce more in the next week on that decision but you will definitely be able to trade your  shares after the ICO.

Thanks

Any information you can give out like a real IPO would in a prospectus? Cash flows with dates, terms, etc? I'd like to do a little analysis if possible

[BetKing.io]

Mods keep deleting my posts for no reason.

But the total raised is now 423.31418701

(apparently that isn't important information?)

[yhlsqj]

Mods keep deleting my posts for no reason.

But the total raised is now 423.31418701

(apparently that isn't important information?)

Why mod deleted? 423 is very big, most of them must the previous bankroll investors, will you list the token/coin to exchange? Betking is the most profitable casino AFAIK, if the token can be trading, that will be damn awesome

[BetKing.io]

Mods keep deleting my posts for no reason.

But the total raised is now 423.31418701

(apparently that isn't important information?)

Why mod deleted? 423 is very big, most of them must the previous bankroll investors, will you list the token/coin to exchange? Betking is the most profitable casino AFAIK, if the token can be trading, that will be damn awesome

That's the plan yeah.

Thanks

[cre8ive]

So I'm used to investing in businesses.

I usually see a financial statement.

Showing revenue, expenses and profit/loss.

Do you have anything like this available Dean?

For all we know you as the CEO could get paid 3000 BTC a year, and there is nothing any of us could really say about it.

Without a clear picture of the revenue and expenses its really hard to invest.

[Anna.Tsolidoy]

We also invest in ICO. Good luck to all of us!

[ndnh]

So I'm used to investing in businesses.

I usually see a financial statement.

Showing revenue, expenses and profit/loss.

Do you have anything like this available Dean?

AFAIK the information we have is data from https://dicesites.com/betking from 2014/11/2 to date.

Revenue is, on average, some percentage of bets - house edge, different for every kind of game.
Outlays not known.
Estimate growth rate and the minimum ROI you need to invest.
If the value of BetKing comes to more than 7000BTC and you trust Dean, you are good to go.

For all we know you as the CEO could get paid 3000 BTC a year, and there is nothing any of us could really say about it.

I think Dean cannot pay himself 3000 BTC without the consent of majority investors. but he owns 70% stake, idk

[Lanzador]

So I'm used to investing in businesses.

I usually see a financial statement.

Showing revenue, expenses and profit/loss.

Do you have anything like this available Dean?

AFAIK the information we have is data from https://dicesites.com/betking from 2014/11/2 to date.

Revenue is, on average, some percentage of bets - house edge, different for every kind of game.
Outlays not known.
Estimate growth rate and the minimum ROI you need to invest.
If the value of BetKing comes to more than 7000BTC and you trust Dean, you are good to go.

For all we know you as the CEO could get paid 3000 BTC a year, and there is nothing any of us could really say about it.

I think Dean cannot pay himself 3000 BTC without the consent of majority investors. but he owns 70% stake, idk

[Lanzador]

So I'm used to investing in businesses.

I usually see a financial statement.

Showing revenue, expenses and profit/loss.

Do you have anything like this available Dean?

AFAIK the information we have is data from https://dicesites.com/betking from 2014/11/2 to date.

Revenue is, on average, some percentage of bets - house edge, different for every kind of game.
Outlays not known.
Estimate growth rate and the minimum ROI you need to invest.
If the value of BetKing comes to more than 7000BTC and you trust Dean, you are good to go.

For all we know you as the CEO could get paid 3000 BTC a year, and there is nothing any of us could really say about it.

I think Dean cannot pay himself 3000 BTC without the consent of majority investors. but he owns 70% stake, idk

He can do whatever he wants with the money once it's in his hands - but the point of posting terms is so that it is on record that he won't without permission. Obviously this offers no protection here - but it does serve as a little safety net for the future

[BetKing.io]

So I'm used to investing in businesses.

I usually see a financial statement.

Showing revenue, expenses and profit/loss.

Do you have anything like this available Dean?

For all we know you as the CEO could get paid 3000 BTC a year, and there is nothing any of us could really say about it.

Without a clear picture of the revenue and expenses its really hard to invest.

Will respond later today
Thanks

[RichGang]

He can do whatever he wants with the money once it's in his hands - but the point of posting terms is so that it is on record that he won't without permission. Obviously this offers no protection here - but it does serve as a little safety net for the future

most sensible guy on here.

[Lanzador]

So I'm used to investing in businesses.

I usually see a financial statement.

Showing revenue, expenses and profit/loss.

Do you have anything like this available Dean?

For all we know you as the CEO could get paid 3000 BTC a year, and there is nothing any of us could really say about it.

Without a clear picture of the revenue and expenses its really hard to invest.

Will respond later today
Thanks

Can we get the information by period? Either monthly or annually would be good, can work with either

[RichGang]

Mods keep deleting my posts for no reason.

But the total raised is now 423.31418701

(apparently that isn't important information?)

THE REAL MODS KNOW U ARE ABOUT PUTTING UP THE GREATEST SCAM IN BTC HISTORY. you should be banned from this forum cos you gonna destroy some btctalk members life for ever. this is like someone seeing fire and walking straight into it

[Jungian]

Mods keep deleting my posts for no reason.

But the total raised is now 423.31418701

(apparently that isn't important information?)

THE REAL MODS KNOW U ARE ABOUT PUTTING UP THE GREATEST SCAM IN BTC HISTORY. you should be banned from this forum cos you gonna destroy some btctalk members life for ever. this is like someone seeing fire and walking straight into it

He could have walked away with much more by just exit scamming a while ago, so I doubt it's a regular scam. Doesn't mean it's a good investment though.

Either way, could not be the biggest scam ever. Far from it.

[igigme77]

If I invest 20 btc today, how many shares will I end up with betking?

[Lanzador]

Mods keep deleting my posts for no reason.

But the total raised is now 423.31418701

(apparently that isn't important information?)

THE REAL MODS KNOW U ARE ABOUT PUTTING UP THE GREATEST SCAM IN BTC HISTORY. you should be banned from this forum cos you gonna destroy some btctalk members life for ever. this is like someone seeing fire and walking straight into it

He could have walked away with much more by just exit scamming a while ago, so I doubt it's a regular scam. Doesn't mean it's a good investment though.

Either way, could not be the biggest scam ever. Far from it.

Well, kind of. Before, sure, he could have walked away with more bitcoins from the bankroll at any point in time, but he was also paying out a higher % of the profits. Now, he's only paying out 30%, so he'll make more that way and there is money in the bankroll.

Of course, this is all pure speculation, and BK is about as trustworthy as it gets in this business

[bitcoinsforall]

Why do you say like that?