BetKing.io is a blatant scam operated by Dean Nolan

[acroman08]

Well, well, well..... the betking.io website has been down for around 9 hours.

Adding to the situation regarding the website being down for a prolonged period, the last time serial scammer Dean Nolan (owner of betking.io) even logged in to this forum was on: 28th September 2019

Is this the end game for betking and its serial scammer owner Dean Nolan?






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wd please proces user bitshop
24 hours not process wd

I thought they closed down in 2016 because they're ICO crowdsale failed to reach it's 2,000 btc target and I was so disappointed when they closed down.
I didn't know they resumed they're operation and probably it was for the best.

[game-protect]

The domain expiring could have been a warning sign!

But if a dumbass was looking to get scammed, the betking.io scam had a nice offer!

[TwitchySeal]

Was one of the first players on PocketRockets back when they had Chinese Poker. (6 years ago maybe?)  Dean always seemed like a good guy to me.  Sad to see the crap he's pulled in the last year.

[poer]

paying 20.6
https://chainz.cryptoid.info/ltc/tx.dws?afc07d79a2f2d8958c04820d167c52f9f8efaeda5b47b1cc7519a45307e8021e.htm

[JollyGood]

Was one of the first players on PocketRockets back when they had Chinese Poker. (6 years ago maybe?)  Dean always seemed like a good guy to me.  Sad to see the crap he's pulled in the last year.

Things went downhill from December 2016 onwards when he closed the betking website after his voluntary and unilateral decision to return the bankroll to investors.

The period of pocketrocketcasino and its transition to betking all that period pre-December 2016 was a golden time for betking but he got greedy. He decided to return bankroll funds to investors because he thought he would make a huge profit simply by using the betking name to seek investors for an ICO rather than share profits with bankroll investors and that was after he tried to sell the website on numerous occasions but failed and his his first attempt at raising ICO funds failed:

https://bitcointalk.org/index.php?topic=1676311.0
https://bitcointalk.org/index.php?topic=1697106.0

It was his greed that got the better of him. Sure, by the time the site was up and running after the ICO in September 2017 the investors had not realised that all the game players had abandoned betking and were using Bustabit, Bustadice, Stake and Primedice and some smaller websites. Nobody was interested in betking any more. Not only did serial scammer Dean Nolan siphon-off ICO funds to his own back pocket he also stole funds that the ICO promotional material clearly showed were to be used for designing, promotional, legal and other things.

At no stage were any of the 100 million ICO tokens (70 million were public sale and 30 million for to be retained by betking) supposed to be owned by serial scammers Dean Nolan:

50% of ICO funds (which equated to +500 BTC, +2250 ETH and +425 LTC) were supposed to be used for "marketing, promotions, SEO, design development, server costs and legal"
30 million BKB tokens that betking retained for "ICO bounties, testing bounties, advisors, hiring, future marketing and development"

The serial scammer imbecile slipped up when he admitted he stole the 30 million BKB tokens that were supposed to be retained for "ICO bounties, testing bounties, advisors, hiring, future marketing and development":

https://bitcointalk.org/index.php?topic=1974926.msg20350022#msg20350022

and here an excellent post by marlboroza: https://bitcointalk.org/index.php?topic=4751127.msg44790903#msg44790903

The list of his scam is HUGE but the fact is just the 30 million BKB that serial scammer Dean Nolan scammed at the guaranteed buy-back rate of $0.0928 means he stole a minimum $2.784 MILLION and brought betking to its knees when he deliberately used the ICO bankroll funds to use in the buy-back because he wanted to sell those stolen 30 million BKB.

As for all the other ways he siphoned-off funds by pretending to use them on "developers" and "marketing" shows serial scammer Dean Nolan is and always will be a conniving little thief.

I was warning investors about the betking ICO in 2017 but people did not take me seriously just because serial scammer Dean Nolan returned 6000 in bankroll funds to the people that they belonged t, as though he deserved a pat on the back for that:

https://bitcointalk.org/index.php?topic=1974926.msg20248320#msg20248320
https://bitcointalk.org/index.php?topic=1974926.msg20100892#msg20100892
https://bitcointalk.org/index.php?topic=1974926.msg20104135#msg20104135

[JollyGood]

This is now at least the third day that betking.io website has been down. That was when I noticed it but it may have been down for many days before that. Since betking has near zero users it was never going to cause a flood of complaints here.

Serial scammer Dean Nolan claimed to be dealing with an emergency and is quoted as saying he "does not have time to fix the site":
https://bitcointalk.org/index.php?topic=4751127.msg52763421#msg52763421

Excluding the sock-puppets, where are betking supporters especially BillyBurns?

Nobody seems to be defending betking or serial scammers Dean Nolan and come to think of it nobody seems to be voicing anger or concern over the website being down for days.

Maybe the investors accepted defeat and maybe the 4 or 5 online users have basically moved on to other gaming sites and casinos.

Any true professional business owner and focused entrepreneur would bend over backwards and meet struggles face-on just to keep the business active but here we are at least 3 days later and the scam betking website is still down.

If any investors would seriously reconsider their position and now want to start legal action action this serial scammer Dean Nolan then I will be more than happy to make a donation and pass on my case file to assist with the claim.

Please read this thread and send me a PM with details. I assure confidentiality: https://bitcointalk.org/index.php?topic=5047787.0

[akirasendo17]

Yet another scam trying to steal money from investors, I hope if proven guilty will be jailed for good

[LoyceV]

I can't wait for BillyBurns to try and defend this one!

Dean's last post on Bitcointalk:

If anyone moves investment from Yolodice to BetKing.io after they close on Friday message me and I will set your account to 30% commission. Without the need to have BKT tokens to receive the normal discount.

This is something I've seen from many scammers: just keep pretending everything is okay, deny accusations, and hope for new victims to give him more money!

I hope if proven guilty will be jailed for good

Allow me to speculate a bit: what if he's jailed already? BetKing.io was last online on September 28, and letting the domain expire would make sense if he's in jail since (as far as I know) Dean was running a one-man operation where he pulled all the strings.
There's a flaw in my theory though: the domain name was extended recently, although the site is still down.

[joksim299]

And its gone

[JollyGood]

I can't wait for BillyBurns to try and defend this one!

Dean's last post on Bitcointalk:

If anyone moves investment from Yolodice to BetKing.io after they close on Friday message me and I will set your account to 30% commission. Without the need to have BKT tokens to receive the normal discount.

This is something I've seen from many scammers: just keep pretending everything is okay, deny accusations, and hope for new victims to give him more money!

I hope if proven guilty will be jailed for good

Allow me to speculate a bit: what if he's jailed already? BetKing.io was last online on September 28, and letting the domain expire would make sense if he's in jail since (as far as I know) Dean was running a one-man operation where he pulled all the strings.
There's a flaw in my theory though: the domain name was extended recently, although the site is still down.

Loyce, you are right he probably is not in prison because the domain was renewed but also because yesterday it seems he paid the 20.6 LTC that the user was asking for:
https://chainz.cryptoid.info/ltc/address.dws?LLx7MAtdmpoNMtYfZ36qMYsL7ammVkkh7Y.htm

Now regarding the last post he made begging for Yolodice investors to move their funds to betking... that had more than a stench of desperation.

Just like you I also have seen those same techniques scammers use where they deny anything is wrong and seek more free money. Without a shadow of doubt I think he had ulterior motives. It crossed my mind maybe he was looking for funding as one final push before his exit strategy but I am not sure that is what happened.

There is definitely more going on here than meets the eye but it is hard to tell because on one hand he is not "fixing" the site even though he has investors to answer to who hold a share of the business but he is still paying out funds in account balances to users requesting via email because they cannot access the website.

[actmyname]

[JollyGood]

There is a double feeling about this resource, because there are pros and cons.  I have not fully tested it myself, but I like the presence of a group where sports news, memes are published, with the ability to write comments for discussion, and not every group can boast of this.  I believe that a clear advantage is the availability of a forecast for the basketball system.  But I still did not have time to check in action.  But negative reviews about the project are alarming.

Even if you were to re-read the trash you posted you would not be able to make sense of it.

You try to pass it off as unambiguous and generic so it falls in to all categories but the truth is it seems your only motive is to post for the sake of promoting the signature.

Added you to my IGNORE list

[TwitchySeal]

There is a double feeling about this resource, because there are pros and cons.  I have not fully tested it myself, but I like the presence of a group where sports news, memes are published, with the ability to write comments for discussion, and not every group can boast of this.  I believe that a clear advantage is the availability of a forecast for the basketball system.  But I still did not have time to check in action.  But negative reviews about the project are alarming.

Even if you were to re-read the trash you posted you would not be able to make sense of it.

You try to pass it off as ambiguous and generic so it falls in to all categories but the truth is it seems your only motive is to post for the sake of promoting the signature.

Added you to my IGNORE list

Signature spammer.  Tagged him already.

[Apaxy]

There is a double feeling about this resource, because there are pros and cons.  I have not fully tested it myself, but I like the presence of a group where sports news, memes are published, with the ability to write comments for discussion, and not every group can boast of this.  I believe that a clear advantage is the availability of a forecast for the basketball system.  But I still did not have time to check in action.  But negative reviews about the project are alarming.

Even if you were to re-read the trash you posted you would not be able to make sense of it.

You try to pass it off as ambiguous and generic so it falls in to all categories but the truth is it seems your only motive is to post for the sake of promoting the signature.

Added you to my IGNORE list

Signature spammer.  Tagged him already.

Guys, since when is it forbidden to post your opinion on the forum?  It seems to me that you have unjustly negatively evaluated me.

There is a double feeling about this resource, because there are pros and cons.  I have not fully tested it myself, but I like the presence of a group where sports news, memes are published, with the ability to write comments for discussion, and not every group can boast of this.  I believe that a clear advantage is the availability of a forecast for the basketball system.  But I still did not have time to check in action.  But negative reviews about the project are alarming.

Even if you were to re-read the trash you posted you would not be able to make sense of it.

You try to pass it off as unambiguous and generic so it falls in to all categories but the truth is it seems your only motive is to post for the sake of promoting the signature.

Added you to my IGNORE list

Before writing my post, I really read all the information about the resource.  I can provide a link and I can not ignore other people's reviews.  And your actions are very bad for me.

[TwitchySeal]

Before writing my post, I really read all the information about the resource.  I can provide a link and I can not ignore other people's reviews.  And your actions are very bad for me.

Please tell us more about Betkings basketball system and sports news.

[Apaxy]

Before writing my post, I really read all the information about the resource.  I can provide a link and I can not ignore other people's reviews.  And your actions are very bad for me.

For context your post said:

"""
I have not fully tested it myself, but I like the presence of a group where sports news, memes are published, with the ability to write comments for discussion, and not every group can boast of this.  I believe that a clear advantage is the availability of a forecast for the basketball system
"""

which has pretty much zero applicability to what betking offered (and not to mention, the site has been down for days now).

I meant information about the resource.  Judging by the title of the topic, the author is negatively opposed to Bet.king and therefore I decided to read the information on the Internet, and not just on the forum.  I expressed my opinion on the project in the framework, as expressed by other users.  No one disproves that the resource is not working.

[JollyGood]

Signature spammer.  Tagged him already.

Yes I noticed so I also tagged him too. Pointless incoherent posting with absolutely relation to the subject matter deserved him getting tagged.

Before writing my post, I really read all the information about the resource.  I can provide a link and I can not ignore other people's reviews.  And your actions are very bad for me.

Please tell us more about Betkings basketball system and sports news.

  Please do not give him the opportunity for posting more betking related basketball and sports news here

I guess getting the site back online is an ultra-low priority for him, as he's already got all the investors money and moved on. But it's also pretty important for him to try keep it up, so he can at least pretend he tried but it was a commercial failure instead of admitting he just scammed investors by changing the investment terms to his sole benefit.

I'm still really curious to see his next payments ICO, although I doubt he'll be able to put his name on it.

When he was trying to sell the betking website serial scammer Dean Nolan made it clear how easy it was to keep the site going and how it all worked itself apart from cold-wallet to hot-wallet top up and answering emails there was nothing to do.

I still feel there is more to this than meets the eye. I understand when you say getting the site back online is an ultra-low priority for him but he did make payment to the user of 26 LTC in combination of 20.6 LTC and the rest in ETH after he requested it via email because of the site being down. The fact the site is down is shocking. The betking Telegram was ended ages ago. How can investors talk to each other now to work out a strategy if they want to discuss legal options or discuss how to get their investment back?

Sure, the imbecile serial scammer Dean Nolan has made millions from the whole betking scam (just the 30 million BKB he stole and sold at the guaranteed buy-back price pocketed him $2.74 million so add to that the other amounts he siphoned-off then it makes a big amount of the $6.5 million ICO funds went directly to him) but there are users with BKT tokens that cannot trade now, there are investors with zero BKB as they swapped them for BKT and they are almost useless. As long as he keeps the site up he can try to ward off any legal action by claiming he is trying to make it successful but if he lets it slide like it is now he is opening himself up for litigation by investors.

As for his trashy bitsafe exchange and payment processing ICO - time will tell...

[Apaxy]

Signature spammer.  Tagged him already.

Yes I noticed so I also tagged him too. Pointless incoherent posting with absolutely relation to the subject matter deserved him getting tagged.

Before writing my post, I really read all the information about the resource.  I can provide a link and I can not ignore other people's reviews.  And your actions are very bad for me.

Please tell us more about Betkings basketball system and sports news.

  Please do not give him the opportunity for posting more betking related basketball and sports news here

Don’t worry, I won’t write anything else.  I have already made sure that you have no honor.

[JollyGood]

https://cryptics.tech/andrew-gurar/

This was one of many names that was listed in the betking Telegram channel before it vanished. I think he was a moderator there and from what I recall also an investor who seemed to be defending some of the accusations being made against serial scammer Dean Nolan. I decided to run a quick search today to see who he was as investors might thinking about commencing legal action:

Andrew Gurar
FUND DEVELOPMENT MANAGER
Linked In: https://www.linkedin.com/in/andrew-gurar/

Address: Moscow
Nationality: Russian
Languages: English, Russian

Andrew possess a strong risk-management understanding and trading experience as well as experience in project management with brokerage and investment funds.
He represents CRYPTICS on media channels as a foreign speaker (YouTube channel reporter) and delivers best practices from fiat world trading business and legislation.

Does anybody have a list containing betking investors from the 2017 ICO and those with large BKT token holdings?

I want to reach out to them and make a donation towards any legal action costs they will incur either as single cases or a collective class action if they consider legal action against serial scammer Dean Nolan. I would also like to share my case file with various extensive bits of information which might help them as they compile their case.

[camtheman]

The site is gone. Dean took the money for himself and even had the audacity to state he lost the bankrolls in each currency. He should be in prison.