BetKing.io - BKB token REFUNDS - $70k refunded so far

[lite]

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.

Thanks dean, i can now see my bkb tokens on my account.
perhaps you could also enable betting of bkb tokens? i'll keep 200 tokens on betking to bet with it (when you enable it), rest i'm gonna withdraw.

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[BetKing.io]

NFL betting live for the Los Angeles Rams Vs San Francisco 49ers game at https://betking.io/sports

Thanks dean, i can now see my bkb tokens on my account.
perhaps you could also enable betting of bkb tokens? i'll keep 200 tokens on betking to bet with it (when you enable it), rest i'm gonna withdraw.

Thanks.
No plan to enable betting at the moment for BKB unfortunately.

[puremage111]

hello just one question here

I emailed bounty blog months ago

Is there anywhere i can check on the spreadsheet?

Thanks xd

[lite]

Thanks dean, i can now see my bkb tokens on my account.
perhaps you could also enable betting of bkb tokens? i'll keep 200 tokens on betking to bet with it (when you enable it), rest i'm gonna withdraw.

Thanks.
No plan to enable betting at the moment for BKB unfortunately.

Oh, okay. will probably gamble when it's enabled.

hello just one question here

I emailed bounty blog months ago

Is there anywhere i can check on the spreadsheet?

Thanks xd

Is this this(https://docs.google.com/spreadsheets/d/1FPHCKyJlP8sCT6a0voiGZLx3VMTVu19OyedR0aKKa3E/htmlview) the spreadsheet you want to check?

[puremage111]

hello just one question here

I emailed bounty blog months ago

Is there anywhere i can check on the spreadsheet?

Thanks xd

Is this this(https://docs.google.com/spreadsheets/d/1FPHCKyJlP8sCT6a0voiGZLx3VMTVu19OyedR0aKKa3E/htmlview) the spreadsheet you want to check?

Ahhh yeah thats the spreadsheet

Thanks alot mate!

[BetKing.io]

NFL betting live for the Los Angeles Rams Vs San Francisco 49ers game tonight at https://betking.io/sports

[Gi01]

Can someone explain me what are the tokens for?
Are they traded on some exchanges?

Also, if they get a share of the revenues... how is that paid? Directly into account?

[lite]

Can someone explain me what are the tokens for?
Are they traded on some exchanges?

Also, if they get a share of the revenues... how is that paid? Directly into account?

BKB tokens haven't been distributed yet, so no it's not trading anywhere. bkb tokens holder won't get revenue share, the profit that betking generates will be used to buy back bkb tokens.

[Kiefner]

I m missing Faucet and a Affiliate program

[Gi01]

Can someone explain me what are the tokens for?
Are they traded on some exchanges?

Also, if they get a share of the revenues... how is that paid? Directly into account?

BKB tokens haven't been distributed yet, so no it's not trading anywhere. bkb tokens holder won't get revenue share, the profit that betking generates will be used to buy back bkb tokens.

So in the, if (to make an example) I hold 1000 tokens that are worth 0.1$ the site will buy my tokens?

... and in the end i spent 100$ to buy them. Where is the profit?

[BetKing.io]

Terms: https://betking.io/cashback-terms/

[Gi01]

Sorry @Betking.io can you reply to my post?

[Dutchyyy]

Terms: https://betking.io/cashback-terms/

This sounds like cool promotion. I read the TOS and have a question.

Simply stake the equivalent of $100 within a month and we will return 10% of the house edge as cashback on your losses paid on the 1st of the month from your bets from the previous month.

Is this mean we will get 10% rakeback - e.g. 10% FROM the HOUSE EDGE, but not from our losses for dice games? And the actual 10% lossback are for sportsbetting only, but not dice?

Thank you

[chris200x9]

Terms: https://betking.io/cashback-terms/

This sounds like cool promotion. I read the TOS and have a question.

Simply stake the equivalent of $100 within a month and we will return 10% of the house edge as cashback on your losses paid on the 1st of the month from your bets from the previous month.

Is this mean we will get 10% rakeback - e.g. 10% FROM the HOUSE EDGE, but not from our losses for dice games? And the actual 10% lossback are for sportsbetting only, but not dice?

Thank you

If 10% cash back is only from house edge then they should clearly mention in that promotion image page otherwise many gamblers start playing without reading the terms by thinking that 10% cashback on their actual losses but 10% house edge will be quite less compared to 10% actual losses.

[lite]

Can someone explain me what are the tokens for?
Are they traded on some exchanges?

Also, if they get a share of the revenues... how is that paid? Directly into account?

BKB tokens haven't been distributed yet, so no it's not trading anywhere. bkb tokens holder won't get revenue share, the profit that betking generates will be used to buy back bkb tokens.

So in the, if (to make an example) I hold 1000 tokens that are worth 0.1$ the site will buy my tokens?

... and in the end i spent 100$ to buy them. Where is the profit?

If you sell at $0.1 you likely won't make any profit, but if you sell at $0.2 you will make profit. you basically can set your own price to sell bkb(on exchanges), tokens can be bought/sold at market rate not some fixed price.

[actmyname]

So in the, if (to make an example) I hold 1000 tokens that are worth 0.1$ the site will buy my tokens?

... and in the end i spent 100$ to buy them. Where is the profit?

The profit comes from the site profit as the token price is dictated thusly. If you read back a little you will find that the token price is calculated using [funds raised]/70,000,000 + [site profit]/100,000,000. If you want to sell the tokens for a higher price then you have the option of trading with other users by tipping BKB (though you would likely want an escrow for this task).I'm not sure why you expected an immediate profit. This is not some get-rich-quick scheme.

[jamyr]

So in the, if (to make an example) I hold 1000 tokens that are worth 0.1$ the site will buy my tokens?

... and in the end i spent 100$ to buy them. Where is the profit?

The profit comes from the site profit as the token price is dictated thusly. If you read back a little you will find that the token price is calculated using [funds raised]/70,000,000 + [site profit]/100,000,000. If you want to sell the tokens for a higher price then you have the option of trading with other users by tipping BKB (though you would likely want an escrow for this task).I'm not sure why you expected an immediate profit. This is not some get-rich-quick scheme.

They might have been thinking that it will be an over-night-get-rich investment. As actmyname have mentioned, the price of the token will be based on the profit of the site. And if you will go back to before, betking has profited a lot(if I am not mistaken 7000+ bitcoins) in the past.

[favdesu]

If someone needs an escrow for tip-selling BKB > https://www.bitrated.com/fav

[Gi01]

No, it's not a "get rich", i'd just like to understand if the tokens will be tradable or are account-related
It's fine to get a little extra in the tokenvalue every month, but as long as you can't sell them it's pointless... isn't it? Not a sort of revenue stream

[actmyname]

No, it's not a "get rich", i'd just like to understand if the tokens will be tradable or are account-related
It's fine to get a little extra in the tokenvalue every month, but as long as you can't sell them it's pointless... isn't it? Not a sort of revenue stream

Well, there is always the option of selling BKB tokens by tipping other players: as of now that's the only way to 'trade' them and you would have to deal with the risk of a scam, unless you find some willing escrow that is going to sign up on BetKing.io and be the intermediate in the transaction.Apart from that, Dean is willing to buy back 10% of an account's total tokens per quarter for the price listed on the site.