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Author Topic: BetKing.io - BKB token REFUNDS - $70k refunded so far  (Read 27392 times)
BetKing.io (OP)
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June 27, 2018, 08:19:18 PM
 #821

Just added a new roulette game to betking.io

Feedback appreciated

Good luck

BetKing.io (OP)
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June 28, 2018, 05:58:20 PM
 #822

Had a lot of requests to bring back our old invest feature to let anyone be part of bankroll.

Anyone here interested?

(does anyone use this forum anymore or should I just stick with Telegram?)
kristiano92
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June 29, 2018, 10:28:55 AM
 #823

How much is 1 MBT ? I made a deposit in BTC. I would like to make a bet with a maximum I have and I can't. I am able to make a bet for 1 MBT. Can anyone explain it for me ?
BetKing.io (OP)
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June 29, 2018, 10:30:28 AM
 #824

How much is 1 MBT ? I made a deposit in BTC. I would like to make a bet with a maximum I have and I can't. I am able to make a bet for 1 MBT. Can anyone explain it for me ?

1 MBT is 1 mBTC = 0.001 BTC

the reason for this is the sports provider software had 2 limitations. Amounts can only have 2 decimal places so we had to sue mBTC and their currency can only show 3 letters so we went with MBT.

kristiano92
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June 29, 2018, 10:41:15 AM
 #825

How much is 1 MBT ? I made a deposit in BTC. I would like to make a bet with a maximum I have and I can't. I am able to make a bet for 1 MBT. Can anyone explain it for me ?

1 MBT is 1 mBTC = 0.001 BTC

the reason for this is the sports provider software had 2 limitations. Amounts can only have 2 decimal places so we had to sue mBTC and their currency can only show 3 letters so we went with MBT.



Thanks. Now, I understand
Josepht
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June 29, 2018, 06:00:42 PM
 #826

Had a lot of requests to bring back our old invest feature to let anyone be part of bankroll.

Anyone here interested?

(does anyone use this forum anymore or should I just stick with Telegram?)

I would be interested, but not for large amounts though. It also depends how much volume there will be, and how much % fee you're taking.
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July 01, 2018, 09:02:11 AM
 #827

Had a lot of requests to bring back our old invest feature to let anyone be part of bankroll.

Anyone here interested?

(does anyone use this forum anymore or should I just stick with Telegram?)


[/quote]

I think they are lacking of bankroll right now and asking for investment. I do not think that betking usually asking for people to invest. Past betking will just rely on everything that they think it is worth to do and in the end they are getting 7.5k btc profit so where is this money gone by now? Why you are asking for some investment? I'm sorry no offense but I think with asking people just like that will ruin your reputation as a big site, you must just let it flow like last time that you did
BetKing.io (OP)
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July 01, 2018, 09:07:38 AM
 #828

Had a lot of requests to bring back our old invest feature to let anyone be part of bankroll.

Anyone here interested?

(does anyone use this forum anymore or should I just stick with Telegram?)




I think they are lacking of bankroll right now and asking for investment. I do not think that betking usually asking for people to invest. Past betking will just rely on everything that they think it is worth to do and in the end they are getting 7.5k btc profit so where is this money gone by now? Why you are asking for some investment? I'm sorry no offense but I think with asking people just like that will ruin your reputation as a big site, you must just let it flow like last time that you did

So it's clear you don't know what you are talking about and just spreading nonsense.

I have been asked by many people, mostly old BetKing investors, to bring back the old invest model where anyone could add to the bankroll.
I've not even decided if we will do it or not as it brings a few problems with the current token system.

panjul07
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July 01, 2018, 11:26:26 AM
 #829

Had a lot of requests to bring back our old invest feature to let anyone be part of bankroll.

Anyone here interested?

(does anyone use this forum anymore or should I just stick with Telegram?)

I think they are lacking of bankroll right now and asking for investment. I do not think that betking usually asking for people to invest. Past betking will just rely on everything that they think it is worth to do and in the end they are getting 7.5k btc profit so where is this money gone by now? Why you are asking for some investment? I'm sorry no offense but I think with asking people just like that will ruin your reputation as a big site, you must just let it flow like last time that you did

So it's clear you don't know what you are talking about and just spreading nonsense.

I have been asked by many people, mostly old BetKing investors, to bring back the old invest model where anyone could add to the bankroll.
I've not even decided if we will do it or not as it brings a few problems with the current token system.

Obviously he is misunderstanding your post, I do even believe that you are OK to run betking for long term without investment feature but if many people are asking you to re-open it then I think it is good for your site as it will boost your bankroll and whales wont be worry to big bet amount on your site. And I believe most of your past investors will be interested to invest again and you'll get new investors as well from this forum.

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July 02, 2018, 02:49:32 PM
 #830

How exactly does the provably fair work on roulette?
BetKing.io (OP)
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July 02, 2018, 03:01:52 PM
 #831

How exactly does the provably fair work on roulette?

Oh, noticed we don't have the provably fair page updated on site to show this.

The algorithm used is as follows:
Each spin has a unique client and server seed. you can edit your client seed.

Code:

const shuffle = function (deck, mt) {
  let i = deck.length;
  let j;
  let temp;

  while (--i >= 0) {
    j = Math.floor(mt.int() % (i + 1));
    temp = deck[j];
    deck[j] = deck[i];
    deck[i] = temp;
  }
  return deck;
};

const calculateRouletteSpin = function (serverSeed, clientSeed) {
  const hash = crypto.createHash('sha256')
    .update(serverSeed + clientSeed)
    .digest('hex')
    .toString();

  const seed = parseInt(hash.substring(hash.length - 8), 16);
  const mt = new MersenneTwister(seed);
  const newDeck = shuffle(deck, mt);
  const winner = newDeck[36];

  return winner.toString();
};
veleten
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July 02, 2018, 09:04:21 PM
 #832

Had a lot of requests to bring back our old invest feature to let anyone be part of bankroll.

Anyone here interested?

(does anyone use this forum anymore or should I just stick with Telegram?)

yes ,people use this forum still Smiley
of course there will be alot of people interested:large bankroll-higher max win-more whales,a win win for everyone
there are not too many trusted sites to invest into and opening investments will benefit both the site and the people who wanna HODL but recieve some profit with a relatively  low risk


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BTCevo
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July 03, 2018, 05:51:57 AM
 #833

Had a lot of requests to bring back our old invest feature to let anyone be part of bankroll.

Anyone here interested?

(does anyone use this forum anymore or should I just stick with Telegram?)




I think they are lacking of bankroll right now and asking for investment. I do not think that betking usually asking for people to invest. Past betking will just rely on everything that they think it is worth to do and in the end they are getting 7.5k btc profit so where is this money gone by now? Why you are asking for some investment? I'm sorry no offense but I think with asking people just like that will ruin your reputation as a big site, you must just let it flow like last time that you did

So it's clear you don't know what you are talking about and just spreading nonsense.

I have been asked by many people, mostly old BetKing investors, to bring back the old invest model where anyone could add to the bankroll.
I've not even decided if we will do it or not as it brings a few problems with the current token system.



Im sorry for this misunderstanding things, my bad for saying such things. I never knew that you guys have been asked for reopened the investment programs instead of using your own bankroll. But it seems that you guys are more focusing on your token program which is spend much of your bankroll and do not know when it will raise, like most of others token that used for gambling on other site. I will watch how this thing is going
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July 04, 2018, 02:41:41 AM
 #834

Had a lot of requests to bring back our old invest feature to let anyone be part of bankroll.

Anyone here interested?

(does anyone use this forum anymore or should I just stick with Telegram?)

No idea how you could do this unless you completely screw over token investors. Those guys have already had a massive negative ROI.
BetKing.io (OP)
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July 04, 2018, 10:05:28 AM
 #835

Had a lot of requests to bring back our old invest feature to let anyone be part of bankroll.

Anyone here interested?

(does anyone use this forum anymore or should I just stick with Telegram?)

No idea how you could do this unless you completely screw over token investors. Those guys have already had a massive negative ROI.

Good job that you're not the one in charge making the decision then. I've already proposed a way that token holders think is a good way to do it IF we do it.

Token holders are up 7.3% so no idea what you are talking about with -ve ROI.


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July 04, 2018, 11:09:09 AM
 #836

No idea how you could do this unless you completely screw over token investors. Those guys have already had a massive negative ROI.
Dean's proposition keeps the buyback system but just allows people to invest freely as opposed to buying the token. Is this a bad thing?

The investors who are screwed over certainly haven't been voicing their opinions anywhere that I can see. Most of the reaction is positive.

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July 04, 2018, 12:59:31 PM
 #837

...Dean's proposition keeps the buyback system but just allows people to invest freely as opposed to buying the token. Is this a bad thing?

Could be. Allowing non-token investments means dilution of profits (if the site's activity remains unchanged) and negative effect on both, buy-back price and market price of tokens (why would you buy token if you could invest directly etc).

But I understand there's more to the story and as long as Dean consults his actions with investors and acts in consensus with them, I see no problem here.

I wouldn't be very surprised if allowing investments actually increased site's profitability (often bankroll investors like to gamble too).



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July 05, 2018, 09:39:45 PM
 #838

Could be. Allowing non-token investments means dilution of profits (if the site's activity remains unchanged) and negative effect on both, buy-back price and market price of tokens (why would you buy token if you could invest directly etc).
Dilution is mitigated by the commission which adds to the BKB price (idea that was proposed). And even for investors that don't want to put more in and only have the tokens, the buyback periods will still be active. Seems alright to me.

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July 06, 2018, 08:57:19 AM
Last edit: July 06, 2018, 09:39:44 AM by JollyGood
 #839

So Betking is still operating? I thought it was one big scam so refused to participate in the token sale.

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July 06, 2018, 09:37:20 AM
 #840

Had a lot of requests to bring back our old invest feature to let anyone be part of bankroll.

Anyone here interested?

Having that invest feature surely makes investing easier.

(does anyone use this forum anymore or should I just stick with Telegram?)

Most serious people here rarely posts, but they still read. Using this forum and Telegram at the same time is still the best choice, although time and effort consuming.



I can't access my account Dean.

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