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Author Topic: BetKing.io - BKB token REFUNDS - $70k refunded so far  (Read 27375 times)
MinerHQ
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September 16, 2017, 04:55:48 AM
 #161

Are there already plans to introduce additional currencies? Or will it be BTC, ETH and
LTC for the time being?
There are plans to introduce altcoins in the future however unless there is a large demand for one. Right now, as BetKing is doing fine with just these three there isn't much of a point to implement coin support for less popular options.

I think LTC and ETH are already good altcoins then why need to add more coins?

I know currently bitcoin transactions fees are high and slow so we need alternative options for that both LTC and ETC are good enough but don't know why a need to add other more coins. One can easily exchange to these coins and gamble.
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Samarkand
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September 16, 2017, 10:35:19 AM
 #162

... One can easily exchange to these coins and gamble.

And pay ~1 % fee to a service like Shapeshift every time? In my opinion this kind of defeats the purpose
of gambling at a site with 1 % house-edge when you are already down 1 % due to exchanging your
altcoins before even loading the dice game  Wink

I´m not saying that Dean should add every shitcoin available, but a few popular additions
would be good. Try to see it from the point of BKB token holders, every additional altcoin
increases turnover and therefore also site profits in the long-term.



favdesu
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September 16, 2017, 12:43:44 PM
 #163

Is there an ETA on affiliate program by the way?

Bazinga!
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September 16, 2017, 02:36:24 PM
 #164

it is my first time to register and play here, i like the design, its very neat and mobile friendly, rolls were fast,tried the deposit bonus in Ltc but sadly i failed to complete the wagering requirement, i had fun though and will definitely coming back! Great job Dean, keep it up!

itsproblem2
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September 16, 2017, 03:46:06 PM
 #165

Site looks amazing and I like the stats. Betking running hot, also good options to bet on the upcoming canelo boxing match with btc, good wirk dean.

BETKING.io---------------
MOST POPULAR CROWDFUNDED BITCOIN CASINO
BETKING.io---------------▐ DICE ▐ SPORTS
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ (https://betking.io?ref=u:itsproblem)
lite
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September 16, 2017, 03:49:40 PM
 #166

... One can easily exchange to these coins and gamble.

And pay ~1 % fee to a service like Shapeshift every time? In my opinion this kind of defeats the purpose
of gambling at a site with 1 % house-edge when you are already down 1 % due to exchanging your
altcoins before even loading the dice game  Wink

I´m not saying that Dean should add every shitcoin available, but a few popular additions
would be good. Try to see it from the point of BKB token holders, every additional altcoin
increases turnover and therefore also site profits in the long-term.
Betking already has 2 altcoins (eth and ltc) , those 2 alts are really popular and i think are enough at this moment. i saw the stats of c-g today and most wagered coin is eth, when converted to bitcoin value the wagering amount is more than btc wagering.
probably in future monero could be added first then others. Wink
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September 16, 2017, 05:04:21 PM
 #167

I´m not saying that Dean should add every shitcoin available, but a few popular additions
would be good. Try to see it from the point of BKB token holders, every additional altcoin
increases turnover and therefore also site profits in the long-term.

Yes, but every additional altcoin requires a decent bankroll size requiring Dean to convert some of the existing bankroll, and those altcoins might be unstable and end up crashing, resulting in a large loss (fiat or BTC value wise). It could also decrease turnover as a smaller bankroll for more popular coins could drive whales to other sites with larger bankrolls.

I think keeping the existing ones is good enough (or maybe add Monero for the privacy features?).

taking a break - expect delayed responses
itsproblem2
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September 16, 2017, 05:21:23 PM
 #168

Also very much interested in the affiliate program, let the people spread the word of this dite Smiley

BETKING.io---------------
MOST POPULAR CROWDFUNDED BITCOIN CASINO
BETKING.io---------------▐ DICE ▐ SPORTS
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ (https://betking.io?ref=u:itsproblem)
Samarkand
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September 16, 2017, 07:33:18 PM
 #169

I´m not saying that Dean should add every shitcoin available, but a few popular additions
would be good. Try to see it from the point of BKB token holders, every additional altcoin
increases turnover and therefore also site profits in the long-term.

Yes, but every additional altcoin requires a decent bankroll size requiring Dean to convert some of the existing bankroll, and those altcoins might be unstable and end up crashing, resulting in a large loss (fiat or BTC value wise). It could also decrease turnover as a smaller bankroll for more popular coins could drive whales to other sites with larger bankrolls.

I think keeping the existing ones is good enough (or maybe add Monero for the privacy features?).

This is actually a disadvantage that I didn´t think of.

However, this criticism also applies to LTC and ETH. You don´t even have to go more than 6-7 months in the past
in order to be able to look at a LTC price of 3-4 $.
If LTC or ETH starts a correction into the single digits, this would cripple the fiat value of the bankroll.

A possible solution would be to integrate a service that exchanges many altcoins into Bitcoin. On the other hand,
this creates the problem of additional fees.
BetKing.io (OP)
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September 16, 2017, 10:29:44 PM
 #170

Latest updates:
- fixed login issues on chrome
- allow user to bet two currencies at same time in different tabs
- require 2fa to change whitelisted addresses
- disable betting during tuturial
- byteball/bch importer (not run yet, will do tomorrow)

new social pages:
https://www.facebook.com/betkingcasino/
https://www.instagram.com/betkingcasino/
https://www.reddit.com/r/betking/

Not too much exciting there as we spent most time converting from sports site over to main site and done some more admin/build fixes.
BetKing.io (OP)
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September 17, 2017, 02:24:01 PM
 #171

ICO audit complete. Final funds raised

btc - 1,046.60623396 ($4811039.536)
eth - 4619.11055426 ($1622277.817)
ltc - 856.08369263 ($67211.1307083813)

Total $ = 6500528.48
BKB Initial price = 0.09286

Exhange rate when ICO ended https://imgur.com/FF59JB3

Btc grouped by discount
25: 397.00877539
20: 137.45329059
15: 130.86236035
10: 54.867853390
5: 289.20550418
0: 37.208450060

eth grouped by discount
25: 729.63452329
20: 3
15: 1617.0715844
10: 493.99819504
5: 1248.1175688
0: 527.28868273

ltc grouped by discount
15: 241.70582719
10: 463.15740852
5: 88.56091494
0: 62.65954198

Tokens will be distributed in next few days
lite
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September 17, 2017, 04:16:18 PM
 #172

ICO audit complete. Final funds raised

btc - 1,046.60623396 ($4811039.536)
eth - 4619.11055426 ($1622277.817)
ltc - 856.08369263 ($67211.1307083813)

Total $ = 6500528.48
BKB Initial price = 0.09286

Exhange rate when ICO ended https://imgur.com/FF59JB3

Btc grouped by discount
25: 397.00877539
20: 137.45329059
15: 130.86236035
10: 54.867853390
5: 289.20550418
0: 37.208450060

eth grouped by discount
25: 729.63452329
20: 3
15: 1617.0715844
10: 493.99819504
5: 1248.1175688
0: 527.28868273

ltc grouped by discount
15: 241.70582719
10: 463.15740852
5: 88.56091494
0: 62.65954198

Tokens will be distributed in next few days
Cool, finally bkb distribution. dean, are you in talks with any exchanges(hitbtc,liqui,livecoin etc..) that would list bkb? we can trade on dex, but getting listed on some exchanges wouldn't hurt. Wink
Sergei.Gerasimenko
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September 19, 2017, 08:23:53 AM
 #173

ICO audit complete. Final funds raised

btc - 1,046.60623396 ($4811039.536)
eth - 4619.11055426 ($1622277.817)
ltc - 856.08369263 ($67211.1307083813)

Total $ = 6500528.48
BKB Initial price = 0.09286

Exhange rate when ICO ended https://imgur.com/FF59JB3

Btc grouped by discount
25: 397.00877539
20: 137.45329059
15: 130.86236035
10: 54.867853390
5: 289.20550418
0: 37.208450060

eth grouped by discount
25: 729.63452329
20: 3
15: 1617.0715844
10: 493.99819504
5: 1248.1175688
0: 527.28868273

ltc grouped by discount
15: 241.70582719
10: 463.15740852
5: 88.56091494
0: 62.65954198

Tokens will be distributed in next few days
Bounty rewards will be distributed in next few days too?
lite
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September 19, 2017, 02:07:45 PM
 #174

Nice new promotion at betking 10% cashback on losses!
where can find more information about this promotion, like what's the max or minimum amount eligible for cashback?
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September 19, 2017, 03:00:33 PM
 #175

my account just got BKB deposited, very good! only a matter of time until we can withdraw now!

only missing affiliate program now Smiley

lite
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September 19, 2017, 03:37:06 PM
 #176

my account just got BKB deposited, very good! only a matter of time until we can withdraw now!

only missing affiliate program now Smiley
Nothing has been credited yet on my betking account! it'll be in my account eventually i guess lol, maybe bkb is being sent in batches. Roll Eyes
BetKing.io (OP)
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September 19, 2017, 05:16:12 PM
 #177

BetKing Bankroll Tokens credited to your https://betking.io/ account!

Currently no withdrawals to your own Ether wallets.
Planned for next week.

You can trade with others via the "tip" function.
Click their name in chat then click tip to send.
Only trade with people you trust to send btc before/after you send BKB.
BetKing will not act as an escrow or be responsible for trades gone wrong.

Thanks

Dean

P.S. tokens for ico or bug bounties have not been credited yet. Those will be over the coming few weeks.
jpcfan
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September 19, 2017, 07:31:28 PM
Last edit: September 19, 2017, 09:00:28 PM by jpcfan
 #178

BetKing Bankroll Tokens credited to your https://betking.io/ account!

Currently no withdrawals to your own Ether wallets.
Planned for next week.

You can trade with others via the "tip" function.
Click their name in chat then click tip to send.
Only trade with people you trust to send btc before/after you send BKB.
BetKing will not act as an escrow or be responsible for trades gone wrong.

Thanks

Dean

P.S. tokens for ico or bug bounties have not been credited yet. Those will be over the coming few weeks.


cool, we get to wait for weeks, while everyone else gets paid.

i have 1400 stake, so how much is that worth? also man, we worked for you promoting ICO and you cut it off after 2nd week. and now your going take weeks to pay.\

cmon man thats not cool.
 


why can't you pay it now. takes 15 seconds

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actmyname
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September 20, 2017, 01:14:42 AM
 #179

cool, we get to wait for weeks, while everyone else gets paid.
I don't think that's fair. ICO participants (who are investors, by the way, should be the first ones to receive the BKB tokens. Not to mention, investors have been waiting for weeks as well. Get off your high horse.

also man, we worked for you promoting ICO and you cut it off after 2nd week. and now your going take weeks to pay.\
2 weeks of advertising means that if you were an active participant, you probably dodged a mass dilution of stakes:tokens. Plus, you spent less time for the same amount of payment (essentially).
 
why can't you pay it now. takes 15 seconds
Are you sure? If you only need 15 seconds to handle all bounties, then maybe you should advertise your service. Roll Eyes

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September 20, 2017, 01:58:30 AM
Last edit: September 20, 2017, 02:17:37 AM by jpcfan
 #180

cool, we get to wait for weeks, while everyone else gets paid.
I don't think that's fair. ICO participants (who are investors, by the way, should be the first ones to receive the BKB tokens. Not to mention, investors have been waiting for weeks as well. Get off your high horse.

also man, we worked for you promoting ICO and you cut it off after 2nd week. and now your going take weeks to pay.\
2 weeks of advertising means that if you were an active participant, you probably dodged a mass dilution of stakes:tokens. Plus, you spent less time for the same amount of payment (essentially).
 
why can't you pay it now. takes 15 seconds
Are you sure? If you only need 15 seconds to handle all bounties, then maybe you should advertise your service. Roll Eyes




dean said weeks from now for for us to get paid our small amount of tokens.

 if he said in a few days bounties would be paid i wouldn't had said anything
Quote
Are you sure? If you only need 15 seconds to handle all bounties, then maybe you should advertise your service. Roll Eyes

it was automated, deans knows exactly how many stake everyone has.(at least for the twitter bounty) so dont see why takes weeks to send payment

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DUCK
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