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

[BetKing.io]

May I ask why isn't the buyback price higher?
We all invested crypto and all crypto has increased in value significantly + bcc + btg.

The token price was $0.09286 after the ICO.
The token value is calcualted as $0.09286 + ((total bankroll profit of eth, btc, ltc in $ at current exchange price) / 100,000,000)
Which is now $0.0966

A profit of $0.00374 per token

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[iluvbitcoins]

May I ask why isn't the buyback price higher?
We all invested crypto and all crypto has increased in value significantly + bcc + btg.

The token price was $0.09286 after the ICO.
The token value is calcualted as $0.09286 + ((total bankroll profit of eth, btc, ltc in $ at current exchange price) / 100,000,000)
Which is now $0.0966

A profit of $0.00374 per token

How is it possible that our total investment was worth 6.5 million and the token was worth 0.09286$
And now it's worth 14 million and the token is worth 0.0967$.



Just the 1088BTC are valued at 11 968 000$
26450 LTC at 2 645 000$
4041 ETH at 1 850 778$

Total is 16 463 778$ / 100 000 000 = 0.16463778$/token

That's without BCC and BTG!
Let's assume there's 1046 BCC nad BTG since that's what was collected at the ICO
1046*(1550+320)= 1 957 142$
16 463 778 + 1 957 142 = 18 420 920$ / 100 000 000 = 0.1842092$/token
Double the current buyback price!
Should also add 635 000 BKB dice profit, which is 0.635% shares less.


Our investment is 1046.6BTC, 4619 ETH, 856 LTC  (11k*1046.6 + (4619*460)+(100*856)) = 13 722 940$
Just our investment is worth around 14 million, without profit
That's 0.1372294$/token

+ 1046.6BCC*1550 + 1046.6 BTG*320 = (1 957 142 + 13 722 940) / 100 000 000 = 15 680 082$ / 100 000 000 = 0.15680082$/token

[BTCevo]

Hey, do you have any promotion for new costumers ? maybe 100% dep bonus with 2x wager ?

What can you expect for new customers on dice game? There will be only giveaways or may be some event, since it is dice site so they can't do much for some promotions but I believe they will give many events here. And btw where do you see other site that offer like that low number of wagering process. If any site will do this, I believe everyone will claim and site will close before they really on beta version

[actmyname]

-snip-

That's not how it is calculated. The initial token price is calculated with the prices at the time, not the prices now. The BTC, ETH and LTC should be considered 'sold' for the BKB tokens. If you wanted to profit off of the cryptocurrencies, then you should have simply not participated in the ICO.The profit does change with the price of the coins because it's based on FIAT value and is a direct conversion.I'm sure you wouldn't have started complaining if the BTC price dropped down to $1000, right? By buying BKB, you're hedging. Not investing in both BTC and the casino.

[iluvbitcoins]

-snip-

That's not how it is calculated. The initial token price is calculated with the prices at the time, not the prices now. The BTC, ETH and LTC should be considered 'sold' for the BKB tokens. If you wanted to profit off of the cryptocurrencies, then you should have simply not participated in the ICO.The profit does change with the price of the coins because it's based on FIAT value and is a direct conversion.I'm sure you wouldn't have started complaining if the BTC price dropped down to $1000, right? By buying BKB, you're hedging. Not investing in both BTC and the casino.

We bought a share of the casino and the casino profited 12 million$ so far.

If cryptocurrency prices went down to 1000$,so would the value of the bankroll.
Would Dean cover the 5 million $ losses from his own pocket?
I doubt so.

We have invested in the casino and the casino made 12 million $ since the ICO.

[BetKing.io]

-snip-

That's not how it is calculated. The initial token price is calculated with the prices at the time, not the prices now. The BTC, ETH and LTC should be considered 'sold' for the BKB tokens. If you wanted to profit off of the cryptocurrencies, then you should have simply not participated in the ICO.The profit does change with the price of the coins because it's based on FIAT value and is a direct conversion.I'm sure you wouldn't have started complaining if the BTC price dropped down to $1000, right? By buying BKB, you're hedging. Not investing in both BTC and the casino.

We bought a share of the casino and the casino profited 7 million$ so far.

If cryptocurrency prices went down to 1000$,so would the value of the bankroll.
Would Dean cover the 5 million $ losses from his own pocket?
I doubt so.

We have invested in the casino and the casino made 7 million $ since the ICO.

The terms were posted before the ICO started and I and others have explained this to you yet you keep ignoring it.
If the btc price dropped to 1000$ yes I would have paid using the same formula out of my own pocket, this was also explained before the ico started.

Re-read the original post and the ico page you were linked to

[iluvbitcoins]

The page says ICO Price + profit/ 100 million
Profit is 12 million $

[BetKing.io]

The page says ICO Price + profit/ 100 million
Profit is 7 million $

+ bankroll profit, the profit can be seen here for btc, ltc, eth https://betking.io/stats
You can post whatever you like as often as you like but it won't change the fact that you are wrong and every other token holder knows how it works.
It was explained probbaly a million times in the past 7 months

[iluvbitcoins]

The page says ICO Price + profit/ 100 million
Profit is 7 million $

+ bankroll profit, the profit can be seen here for btc, ltc, eth https://betking.io/stats
You can post whatever you like as often as you like but it won't change the fact that you are wrong and every other token holder knows how it works.
It was explained probbaly a million times in the past 7 months

404 Page Not Found

You meant
https://betking.io/bet/stats

The buy back price offered by BetKing will be based on the current total bankroll profit.So for example if the price of the token at the end of the crowdsale was $0.014 and the bankroll profit was $1,000,000 then the buy back price would be $0.024 (1,000,000/100,000,000 + 0.014).

By others you mean actmyname? The guy with a dozen negative feedbacks

Bankroll profit in BTC is around 35BTC, but in FIAT, it's 12 million.
BKB is valued in FIAT, not in BTC
Bankroll profit has been 12 million $ and therefore BKB tokens should be valued with the current total bankroll profit.

Bankroll value Sep 4th = 6.5 million
Bankroll value today = 18.5 million
Bankroll profit = 12 million

[actmyname]

By others you mean actmyname? The guy with a dozen negative feedbacks

All of which have unfounded claims and 'evidence', mind you.

Bankroll profit in BTC is around 35BTC, but in FIAT, it's 12 million.
BKB is valued in FIAT, not in BTC
Bankroll profit has been 12 million $ and therefore BKB tokens should be valued with the current total bankroll profit.

Bankroll value Sep 4th = 6.5 million
Bankroll value today = 18.5 million
Bankroll profit = 12 million

The profit is the casino's profit. i.e. money gained from gamblers. Clearly, you had a misunderstanding as to what 'bankroll profit' meant.

[iluvbitcoins]

By others you mean actmyname? The guy with a dozen negative feedbacks

All of which have unfounded claims and 'evidence', mind you.

Bankroll profit in BTC is around 35BTC, but in FIAT, it's 12 million.
BKB is valued in FIAT, not in BTC
Bankroll profit has been 12 million $ and therefore BKB tokens should be valued with the current total bankroll profit.

Bankroll value Sep 4th = 6.5 million
Bankroll value today = 18.5 million
Bankroll profit = 12 million

The profit is the casino's profit. i.e. money gained from gamblers. Clearly, you had a misunderstanding as to what 'bankroll profit' meant.

Bankroll value Sep 4th = 6.5 million
Bankroll value today = 18.5 million

[|Admiral|]

No withdraw Received yet?
I remember to get withdraw as instant earlier.
Now very bad..still pending.

Do we have to comment or pm now each time to have a withdraw?

[LoyceV]

No withdraw Received yet?
I remember to get withdraw as instant earlier.
Now very bad..still pending.

Do we have to comment or pm now each time to have a withdraw?

If it's a big withdrawal, it could be BetKing's hot wallet is empty.
At the current Bitcoin price, BetKing doesn't keep it's hot wallet as big as it used to be.

[Barcode_]

No withdraw Received yet?
I remember to get withdraw as instant earlier.
Now very bad..still pending.

Do we have to comment or pm now each time to have a withdraw?

I do manage to get my withdrawals from the site quite fast most of the times, if it is a huge withdrawal amounts, I think it would be better for you to contact their admins and inform them about it to fill up the site hot wallets, this might speed up the time for you to withdraw your funds out from the site.

[RealMachasm]

Goodmorning

I took part of the ICO, and i need my credentials to get access to betking website, can you help me?

Tokens will be distributed in the next days?

It's the same information for your BetKing account, if you can't remember the data you used, try using the forgot password option
In the future use a password manager

The user “Machasm” is a hacked account. It was stolen from me around August this year.

[moooonu]

Goodmorning

I took part of the ICO, and i need my credentials to get access to betking website, can you help me?

Tokens will be distributed in the next days?

It's the same information for your BetKing account, if you can't remember the data you used, try using the forgot password option
In the future use a password manager

The user “Machasm” is a hacked account. It was stolen from me around August this year.

If it's still stolen you can recover your account by giving the proofs that only you have like the deposits you and to that account or wd. Just send Dean an email mentioning transactions.

[NewBet]

Anyone here won the jackpot yet? 50 BTC seems like quite  stretch and I am wondering if it legit or not. Not saying it isn't just would prefer tog et clarification from someone who has won it before.

[Jungian]

Anyone here won the jackpot yet? 50 BTC seems like quite  stretch and I am wondering if it legit or not. Not saying it isn't just would prefer tog et clarification from someone who has won it before.

A jackpot isnt reallt hit very often and espeically not for the full amount.
Betking is legit and have been provably fair since 2013. This jackpot is new, but I can assure that much larger bets than 50btc have been paid out.

[SaShiRaJaVu]

Anyone here won the jackpot yet? 50 BTC seems like quite  stretch and I am wondering if it legit or not. Not saying it isn't just would prefer tog et clarification from someone who has won it before.

The jack pot here is just too good to be true ,but then not many people will win these events quite often and i am not sure whether anyone has won their jackpot still,it is a once in a life time deal if you are able to win the jackpot,what fascinates me is the maximum bet of 30 bitcoin maximum bet,which is really a huge amount to try your luck now.

[seuntjie]

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