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Author Topic: BetKing.io - BKB token REFUNDS - $70k refunded so far  (Read 27642 times)
puremage111
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September 20, 2017, 02:36:10 PM
 #181

hello just one question here

I emailed bounty blog months ago

Is there anywhere i can check on the spreadsheet?

Thanks xd
lite
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September 20, 2017, 04:24:01 PM
 #182

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. Roll Eyes
Thanks.
No plan to enable betting at the moment for BKB unfortunately.
Oh, okay. will probably gamble when it's enabled. Wink

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
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September 20, 2017, 04:50:26 PM
 #183

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 (OP)
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September 21, 2017, 04:58:00 PM
 #184

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


Gi01
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September 21, 2017, 06:55:51 PM
 #185

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
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September 22, 2017, 08:02:38 AM
 #186

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.
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September 22, 2017, 08:42:33 AM
 #187

I m missing Faucet and a Affiliate program

  ●   TOP EXCHANGE IEO   ●
 ❰❰❰❰❰❰  Advertising Platform  ❱❱❱❱❱❱ 
● ▬▬▬▬▬ ● ▬▬▬▬▬ ●●●    ●  YOUC  ●    ●●● ▬▬▬▬▬ ● ▬▬▬▬▬ ●
Gi01
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September 22, 2017, 10:54:53 AM
 #188

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 (OP)
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September 22, 2017, 11:41:49 AM
 #189



Terms: https://betking.io/cashback-terms/
Gi01
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September 22, 2017, 03:56:16 PM
 #190

Sorry @Betking.io can you reply to my post? Smiley
Dutchyyy
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September 22, 2017, 09:34:09 PM
 #191


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

Quote
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
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September 23, 2017, 12:40:29 AM
 #192


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

Quote
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
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September 23, 2017, 08:38:51 AM
Last edit: September 23, 2017, 01:55:37 PM by lite
 #193

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
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September 23, 2017, 09:32:06 AM
 #194

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.

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September 23, 2017, 10:38:51 AM
 #195

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.

- Bitcointalk Talkshow Video(Aug 2023). Bitcointalk discussion
My bitsler ref link bitsler.com
favdesu
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September 23, 2017, 11:10:48 AM
 #196

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

Gi01
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September 23, 2017, 07:12:22 PM
 #197

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
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September 23, 2017, 10:37:41 PM
 #198

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.

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September 24, 2017, 03:37:11 AM
 #199

Looking out to sell my BKB tokens. Pm me if anyone interested.
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September 24, 2017, 04:11:06 AM
 #200

Looking out to sell my BKB tokens. Pm me if anyone interested.

What sort of rates?

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