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

[dooglus]

i am making total sense. when betking had 6000btc, it wasnt solely handled by him. if for example he wantED to run with the coins THEN, the other partners wont let him do it. in this scenario , he is the only one handling the site. HE WILL RUN WITH THE CASH AND NO ONE WILL SAY ANYTHING .
now, thats the difference between then and now

Do you have any evidence at all for that claim?

If he had partners, why would they let him speak for the site?

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[1715082235]

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[LoyceV]

BetKing is unique in the sense it doesn't have many players, but the players it does have are whales. Its hard to believe there are many whales out there that will be losing the massive sums they have in the past.

How much of the profit (82% more than EV) came from unlucky whales with very high bets? And how likely is that to happen again since Max Profit dropped to 37 Bitcoin? I've seen it higher than 400 Bitcoin at some point.

[BetKing.io]

I see there are a few retarded people in this thread now

Anyway, no there is no partners before.

Lastly, I'm selling 30% of my COMPANY here. Not the bankroll share or anything, COMPANY. That's a share of ALL future revenue streams.

How could I run with funds? It already means the coins are mine due to the fact that it is the company you are buying a share of from me.

I however have decided these coins will stay in and be used to grow the business instead of just taking them and putting in my own bank but anyone who knows business knows that I could have worded the ad to say give me 2000 Bitcoin for 30% and I WON'T use it for anything other than my own pay day.

How are there so many uneducated people in here?

Anyway, it's pretty simple. If you don't want to invest, don't

There's now 514.6 raised from people who clearly think it is valued correctly. If you don't think so just ignore and move on.

[tomkat]

I see there are a few retarded people in this thread now

Anyway, no there is no partners before.

Lastly, I'm selling 30% of my COMPANY here. Not the bankroll share or anything, COMPANY. That's a share of ALL future revenue streams.

How could I run with funds? It already means the coins are mine due to the fact that it is the company you are buying a share of from me.

I however have decided these coins will stay in and be used to grow the business instead of just taking them and putting in my own bank but anyone who knows business knows that I could have worded the ad to say give me 2000 Bitcoin for 30% and I WON'T use it for anything other than my own pay day.

How are there so many uneducated people in here?

Anyway, it's pretty simple. If you don't want to invest, don't

There's now 514.6 raised from people who clearly think it is valued correctly. If you don't think so just ignore and move on.

I think the main problem with you is that some people just don't get what are you doing here. Basically, you seem to be willing to sell shares of your company but you don't want to use regular IPO. Instead, your proposal is a token that has no clear definition (yet), but you call it InitialCoinOffering and relate it to crypto by announcing it on altcoins related forum. So, your message seem to be ambiguous, at least for some people here (including me). You're right though, that if anyone has problem with your offer then it's easy to ignore and move on.

BTW, those 514.6 BTC raised doesn't mean people think your proposal is valued correctly, as the "correct value" doesn't exist - they just accepted your valuation.

[BetKing.io]

I see there are a few retarded people in this thread now

Anyway, no there is no partners before.

Lastly, I'm selling 30% of my COMPANY here. Not the bankroll share or anything, COMPANY. That's a share of ALL future revenue streams.

How could I run with funds? It already means the coins are mine due to the fact that it is the company you are buying a share of from me.

I however have decided these coins will stay in and be used to grow the business instead of just taking them and putting in my own bank but anyone who knows business knows that I could have worded the ad to say give me 2000 Bitcoin for 30% and I WON'T use it for anything other than my own pay day.

How are there so many uneducated people in here?

Anyway, it's pretty simple. If you don't want to invest, don't

There's now 514.6 raised from people who clearly think it is valued correctly. If you don't think so just ignore and move on.

I think the main problem with you is that some people just don't get what are you doing here. Basically, you seem to be willing to sell shares of your company but you don't want to use regular IPO. Instead, your proposal is a token that has no clear definition (yet), but you call it InitialCoinOffering and relate it to crypto by announcing it on altcoins related forum. So, your message seem to be ambiguous, at least for some people here (including me). You're right though, that if anyone has problem with your offer then it's easy to ignore and move on.

BTW, those 514.6 BTC raised doesn't mean people think your proposal is valued correctly, as the "correct value" doesn't exist - they just accepted your valuation.

I've laid out exactly what I'm doing though.
I'm selling 30% of the company for a minimum of 2000 Bitcoin.
Instead of me taking the 2000 Bitcoin for myself I am leaving it in the business and using it for bankroll, marketing, dev, expenses, promo etc.
I am not sure why no one understands that as it's in the OP.

The token distribution as explained a few times is to be decided soon. It's not even an important part how that is implemented at this stage.

Also the main audience for this was the previous BetKing bankroll investors (maybe I should have kept it to private chat instead of dealing with the scum in here) who have been supportive so far and I think around another 1000 coins will come from them once they have time to make their decision.
There has been new investors from here though so it's not all bad

Again if you are not interested just move on. There's actual real scams going on in this forum you could be warning people of.

[dooglus]

Anyway, no there is no partners before.

How are there so many uneducated people in here?

Depressing, isn't it!

I'm selling 30% of the company for a minimum of 2000 Bitcoin.
Instead of me taking the 2000 Bitcoin for myself I am leaving it in the business and using it for bankroll, marketing, dev, expenses, promo etc.
I am not sure why no one understands that as it's in the OP.

I think part of the confusion is that previously you said the expenses would be taken out of the profits before paying dividends. Now you're saying the expenses are coming out of your 2000 BTC.

In the OP you wrote this, which seems to contradict what you wrote above that your 2k BTC will be used for expenses:

Dividends:
We will pay dividends as a share of the total profit (revenue-expenses) generated by BetKing in Bitcoin every 3 months.

maybe I should have kept it to private chat instead of dealing with the scum in here

That doesn't seem very professional.

[BetKing.io]

Anyway, no there is no partners before.

How are there so many uneducated people in here?

Depressing, isn't it!

I'm selling 30% of the company for a minimum of 2000 Bitcoin.
Instead of me taking the 2000 Bitcoin for myself I am leaving it in the business and using it for bankroll, marketing, dev, expenses, promo etc.
I am not sure why no one understands that as it's in the OP.

I think part of the confusion is that previously you said the expenses would be taken out of the profits before paying dividends. Now you're saying the expenses are coming out of your 2000 BTC.

In the OP you wrote this, which seems to contradict what you wrote above that your 2k BTC will be used for expenses:

Dividends:
We will pay dividends as a share of the total profit (revenue-expenses) generated by BetKing in Bitcoin every 3 months.

maybe I should have kept it to private chat instead of dealing with the scum in here

That doesn't seem very professional.

Not very professional no, but neither are people like RichGang are they? I should also not post when I first wake up

So say we raise the 2000 and have 2000 Bitcoin in the business instead of me taking it out.

If we have a month where we made 40 Bitcoin profit and fixed expenses like server etc were say 2 then 40-2 would be added to the 2000.

If we have a month where we spent 20 Bitcoin on marketing, 2 on fixed expenses but also lost 10 on dice then 20+2+10 would be removed from the 2000.

I hope that is clearer

[RedGolpe]

Not very professional no, but neither are people like RichGang are they?

But we are not entrusting 2000 BTC to him, so he does not need to be. Also, "never argue with an idiot. He will drag you down to his level and beat you with experience".

[BetKing.io]

574.66987867 total now.

[RichGang]

i dont have to be professional to point out a scam.
dude, when you where in possession of thousands of btcs, the site was run by a few people, not just you. you where just like the mouth piece of betking.
presently, you are doing this independently and the chances of you running with this coins is 97%.
you have been deleting my post6 because you know am saying the truth.
dude, i will keep posting it like it is, atleast i will end up saving 1 or 2 people that would have lost their hard earned cash to you.  

[BetKing.io]

i dont have to be professional to point out a scam.
dude, when you where in possession of thousands of btcs, the site wasnt run by a few people, not just you. you where just like the mouth piece of betking.
presently, you are doing this independently and the chances of you running with this coins is 97%.
you have been deleting my post6 because you know am saying the truth.
dude, i will keep posting it like it is, atleast i will end up saving 1 or 2 people that would have lost their hard earned cash to you. 

BetKing has always been run only by me. I'm not sure what makes you think otherwise. There's not even another member of staff.

Post all you want. You can see that others in the thread have already pointed out your opinion is worthless and they know what you are like.

Please use your brain for 1 minute and explain what coins you think it is possible to run with? Because running with me own coins is kind of a waste of time

[RichGang]

i am making total sense. when betking had 6000btc, it wasnt solely handled by him. if for example he wantED to run with the coins THEN, the other partners wont let him do it. in this scenario , he is the only one handling the site. HE WILL RUN WITH THE CASH AND NO ONE WILL SAY ANYTHING .
now, thats the difference between then and now


If he had partners, why would they let him speak for the site?

apple was owned by 3 people , but the person that was like the spokesman was steve jobs.
facebook is owned by several people but the major person we know is mark Z.

u can now answer yourself

[RichGang]

the fact that a site that had hundreds of investors and was profiting and suddenly decide to divest people only to start up another kinda investment is questionable. THIS IS A SCAM. it dosnt matter how nice you try to paint it. i know most people here wont want to come out boldly to tell you this. but any intelligent person knows this moves are 100% suspicious

[Lanzador]

I'd still like to see some detailed financials - month by month or quarter by quarter breakdowns if possible. Growth is the key factor here that we need to look at besides wagered amounts / #bets, and we can't do that without a look at the actual financials - which normally as prospective investors we'd get in a prospectus or something

[BetKing.io]

I'd still like to see some detailed financials - month by month or quarter by quarter breakdowns if possible. Growth is the key factor here that we need to look at besides wagered amounts / #bets, and we can't do that without a look at the actual financials - which normally as prospective investors we'd get in a prospectus or something

That's not possible.
I've explained it in detail already. All the profit information is public on dicesites.com/betking where you can see profit and wagered by month all the way back to 2014.

I've also explained the fixed costs are less than £1000 a month.

There's really no other information I can give or that is even needed here.

If that isn't enough for you then it's probably not the investment for you and you should move on.
Thanks

[RichGang]

from the way he replies and answers intelligent questions you know his target is IDIOTS

[RichGang]

http://prnt.sc/dghtdv
so because dooglus says what he thinks which sounds right, you call him an idiot and a retard right?
i pity fools that are sending you their hard earned cash in the name of ico

[Lanzador]

I'd still like to see some detailed financials - month by month or quarter by quarter breakdowns if possible. Growth is the key factor here that we need to look at besides wagered amounts / #bets, and we can't do that without a look at the actual financials - which normally as prospective investors we'd get in a prospectus or something

That's not possible.
I've explained it in detail already. All the profit information is public on dicesites.com/betking where you can see profit and wagered by month all the way back to 2014.

I've also explained the fixed costs are less than £1000 a month.

There's really no other information I can give or that is even needed here.

If that isn't enough for you then it's probably not the investment for you and you should move on.
Thanks

We have points on a graph...you want your investors to have to do their own digging like that? If you have the data to plot a graph, then you have the data to give us a simple income statement/balance sheet

[tomkat]

I'd still like to see some detailed financials - month by month or quarter by quarter breakdowns if possible. Growth is the key factor here that we need to look at besides wagered amounts / #bets, and we can't do that without a look at the actual financials - which normally as prospective investors we'd get in a prospectus or something

That's not possible.
I've explained it in detail already. All the profit information is public on dicesites.com/betking where you can see profit and wagered by month all the way back to 2014.

I've also explained the fixed costs are less than £1000 a month.

There's really no other information I can give or that is even needed here.

If that isn't enough for you then it's probably not the investment for you and you should move on.
Thanks

We have points on a graph...you want your investors to have to do their own digging like that? If you have the data to plot a graph, then you have the data to give us a simple income statement/balance sheet

Guys, there's nothing you can do about it. Everything was explained and the rules are clear.
If you don't accept all of that, then just move on. Otherwise it's just waste of time (both yours and others).
What you can do is to express your concerns, and if you still have any, then just forget it, as there won't be any other answers.
To be clear: I'm not supporting this ICO, and not going to waste my time anymore. Everyone should do own research and make a decision - as simple as that.

[RichGang]

Guys, there's nothing you can do about it. Everything was explained and the rules are clear.
If you don't accept all of that, then just move on. Otherwise it's just waste of time (both yours and others).
What you can do is to express your concerns, and if you still have any, then just forget it, as there won't be any other answers.
To be clear: I'm not supporting this ICO, and not going to waste my time anymore. Everyone should do own research and make a decision - as simple as that.

NO SENSIBLE PERSON WILL SUPPORT THIS, but the fact that you dont support it dosnt stop u from saving others from loosing their hard earned cash