BetKing.io is a blatant scam operated by Dean Nolan

[JollyGood]

 

He uses the term "we" when everybody knows the scammer Dean Nolan is a one man band who could not code a single line of code even if it were looking directly at him. He hires coders for a few US$ per hour from India and the Philippines to make tweaks on his scam betking website.

Just look at the disgraceful conduct of scammer Dean Nolan in the censored and now locked "betking" thread: https://bitcointalk.org/index.php?topic=5023833.msg49014911#msg49014911

" Unfortunately, due to mass cheating and abuse during the contest, we have had to cancel the promotion and the payout of prizes.

We will undo all bets during the promotion period and reset stats, investment and player balances.

No one will lose any money here, except BetKing.

To compensate investors who were invested before the 24th and still now, we will add 10% of the amount to be deducted during the reset to their total investment.

Everyone else will have their balance set to the total deposited minus the total withdrawn during this period.
For anyone who withdrew more than deposited during this time BetKing will take the loss.

Again, no players or investors will have a loss here, only BetKing.

The BetKing website will be offline until the stats and balances are corrected. Withdrawals will be disabled during this time. We also just processed 90% of withdrawals that were pending.

If you have any queries you can contact support at support@betking.io "

[game-protect]

i salute his decision, i have lost 500 $ in btc in this contest, and others were multi-accounting, it seems fair to refund players.

When did he discover the multi-accounts and how?

[JollyGood]

i salute his decision, i have lost 500 $ in btc in this contest, and others were multi-accounting, it seems fair to refund players.

When did he discover the multi-accounts and how?

I put that multi-account sock-puppet fool scammer Dean Nolan on IGNORE because that is what he deserves.

[kolloh]

I don't there were any rules stating multiple accounts weren't allowed. At any rate, that isn't a reason to cancel the whole promotion and not pay out the players who placed fairly.

If anything, the wagers from multi-accounters should be combined which would push other people up the board more. I placed fairly and am quite upset the promotion isn't going to be paid out as described.

[JollyGood]

I don't there were any rules stating multiple accounts weren't allowed. At any rate, that isn't a reason to cancel the whole promotion and not pay out the players who placed fairly.

If anything, the wagers from multi-accounters should be combined which would push other people up the board more. I placed fairly and am quite upset the promotion isn't going to be paid out as described.

This "Christmas wager" scam has the same stench that the infamous "Win 50 BTC Jackpot To Celebreate betking re-launch" scam had: https://bitcointalk.org/index.php?topic=4873939.0

In that 2017 scam too he pulled in investors by stating there was a 50 BTC Jackpot for Dice Jackpot. Customers no doubt signed up because of that 50 BTC Jackpot claim. New and older customers would have used other "games" on the website therefore scammer Dean Nolan benefited all round yet without there being a winner and without there being any fan-fare or announcement the "50 BTC Dice Jackpot" was removed. This scammer Dean Nolan paid for ads and interviews to be published where he was stating he was going to offer a 50 BTC Dice Jackpot just to draw people in.

I am so happy that Primedice, Stake and others have taken the lead are widely used betting and gaming sites, nobody hardly uses betking any more. Dean Nolan the scammer even used licenced software for free when he was running the Crash game instead of paying the 2 BTC fee, therefore it was basically theft. What a disgusting fool scammer Dean Nolan is.

I am compiling a list of actions against this scammer and will try to get the law enforcement and tax agencies of the country he lives in to investigate scammer Dean Nolan. Lots of information has been received but I need more. Please contact me with any information about Dean Nolan and his betking scam and his bitsafe scam and anything else he has been involved in. I will not disclose your name but I need people to send in information about this scammer. I need proof that can be presented to the relevant law agencies in the country this scammer lives in.

[RHavar]

This "Christmas wager" scam has the same stench that the infamous "Win 50 BTC Jackpot To Celebreate betking re-launch" scam had: https://bitcointalk.org/index.php?topic=4873939.0

In that 2017 scam too he pulled in investors by stating there was a 50 BTC Jackpot for Dice Jackpot. Customers no doubt signed up because of that 50 BTC Jackpot claim.

Can you please stop bringing this up? It just derails from legitimate criticism, and people stop taking your claims seriously. The 50 BTC jackpot was only winnable under certain circumstances, which no one hit and then he stopped offering the jackpot. Absolutely nothing was done wrong. It's business as usual.


Now this on the other hand, is totally different: He had a program, people should've won it and then he decided to not pay and revert bets under the guise it was abused (even though he himself was promoting the fact it was +EV lol). I honestly don't see how it can be defended at all.


Actually the whole inexplicable "..because abuse" scheme has a rich history with bitcoin scammers. Much like the moneypot scam, where they had the "perpetual" guaranteed price-floor for their token, and then renegged after it "was abused". What was the abuse? Someone asking for them to do the promised buy-back 

[RHavar]

I don't there were any rules stating multiple accounts weren't allowed. At any rate, that isn't a reason to cancel the whole promotion and not pay out the players who placed fairly.

If anything, the wagers from multi-accounters should be combined which would push other people up the board more. I placed fairly and am quite upset the promotion isn't going to be paid out as described.

As far as I can tell there's 3 legitimate solutions to multi-accounting problem:

a) Pay the payouts as promised, leaving all entries
b) Remove all entries from accounts run by people who were multi-accounting, and pay out all the prizes to people who weren't multi-accounting
c) Pay out prizes as if all multi-accounts bets were merged into a single account


I think a) makes the most sense unless multi-accounting was clearly not allowed. b) makes the most sense if multi-accounting was clearly forbidden. And c) makes the most sense if the rules were a bit fuzzy, and it felt that multi-accounting was violating the spirit of the promotion.


But on what planet is  "revert all bets, and pay out no prizes!"  a legitimate response o.0

[JollyGood]

Can you please stop bringing this up? It just derails from legitimate criticism, and people stop taking your claims seriously. The 50 BTC jackpot was only winnable under certain circumstances, which no one hit and then he stopped offering the jackpot. Absolutely nothing was done wrong. It's business as usual.


Now this on the other hand, is totally different: He had a program, people should've won it and then he decided to not pay and revert bets under the guise it was abused (even though he himself was promoting the fact it was +EV lol). I honestly don't see how it can be defended at all.


Actually the whole inexplicable "..because abuse" scheme has a rich history with bitcoin scammers. Much like the moneypot scam, where they had the "perpetual" guaranteed price-floor for their token, and then renegged after it "was abused". What was the abuse? Someone asking for them to do the promised buy-back  

I beg to differ regarding the 2017 promotion of 50 BTC Dice Jackpot. The T/Cs were so ambiguous that they could mean anything to anybody. He did not clearly stipulate the conditions under which the promotion could end early. From my perspective if a scammer spends a few bitcoin to pay for paid interviews to be published where he is promoting the fiction and near impossible-to-win 50 BTC Dice Jackpot then he did it to pull customers in. He ended that "promotion" within days without even informing users with a simple polite courteous message stating the promotion would end within 24/48 hours or 7/14 day. With the greatest respect we shall a difference of opinion on that.

As for the latest scam and stunt Dean Nolan pulled it really is laughable but only because of his incompetence though and not because of those that unfortunately for one reason or another had the misfortune of using the betking scam website to bet.

As you rightly stated, the buy-back terms and conditions were changed without general consensus. Anybody complaining was deemed solely by him to be abusing. Furthermore anybody complaining about Dean Nolan unilaterally taking steps to change T/Cs was banned from the Telegram channel and written off in this forum as trolls and "paid by competitors". Scammer Dean Nolan thought he was going to own and operate the biggest online crypto casino but he is nothing more than a thief, a petty criminal. The circumstances of the 2017 ICO are a disgrace, the ICO was designed purely for one reason alone and that was to make Dean Nolan rich by him siphoning off ICO funds for his own pockets and he continues to live off those funds right now but hopefully I will have enough information on him soon enough to have him investigated for fraud.

This latest Christmas wager scam adds to the list of so many others that Dean Nolan has overseen.

[BayAreaCoins]

It's pretty obvious that Dean did the math and paying people 10% was cheaper than the prizes... we all knew this was going to happen.

[BayAreaCoins]

i wouldn't even pay cheaters, tell me one casino/sportsbook/poker operator in the world who allows multi-accounting. It was stated in the rules before that multi-accounts are not allowed, i have played on all leaderboards (september, october and november). Why would it be allowed on this one?

So you cancel the whole promotion?

[vd309]

I don't there were any rules stating multiple accounts weren't allowed. At any rate, that isn't a reason to cancel the whole promotion and not pay out the players who placed fairly.

If anything, the wagers from multi-accounters should be combined which would push other people up the board more. I placed fairly and am quite upset the promotion isn't going to be paid out as described.

As far as I can tell there's 3 legitimate solutions to multi-accounting problem:

a) Pay the payouts as promised, leaving all entries
b) Remove all entries from accounts run by people who were multi-accounting, and pay out all the prizes to people who weren't multi-accounting
c) Pay out prizes as if all multi-accounts bets were merged into a single account


I think a) makes the most sense unless multi-accounting was clearly not allowed. b) makes the most sense if multi-accounting was clearly forbidden. And c) makes the most sense if the rules were a bit fuzzy, and it felt that multi-accounting was violating the spirit of the promotion.


But on what planet is  "revert all bets, and pay out no prizes!"  a legitimate response o.0

This was the case for the past contests. Just removing the invalid entries and paying the others as it is, not pushing them up. I am surprised handling the situation like that because he is punishing the honest players and in a way the cheaters are rewarded as they may keep any winnings from dicing if they've made a withdrawal already.

[zupdawg]

But on what planet is  "revert all bets, and pay out no prizes!"  a legitimate response o.0

Only people who isn't in the right mind would do and say that. He should be well aware about that case before starting such contest and make necessary adjustments and clear rules about it. Honestly, with his past promotions I still think that man is crazy

[BetKing Support]

i salute his decision, i have lost 500 $ in btc in this contest, and others were multi-accounting, it seems fair to refund players.

Thanks

As usual no one in this forum has any idea what they are talking about including Ryan with his snarky comments.
Everyone posting about BKB when they don't know how many tokens I've bought back or own or how many people were happy to switch already to the new project or any actual internal running of the business.

Now we have people jumping to conclusions about the prizes and talking about multi accounting.
Where did I say the contest was cancelled only because of multi accounting?

It's stupid for anyone to call it a scam when no one at all loses money.

Only need to see the posters though, 2 actual participants have posted and zero investors and zero token holders. Just trolls and haters. Pathetic.


Where are the mods in this forum? 5 BetKing threads on front page almost every day clearly against the rules.

[JollyGood]

i wouldn't even pay cheaters, tell me one casino/sportsbook/poker operator in the world who allows multi-accounting. It was stated in the rules before that multi-accounts are not allowed, i have played on all leaderboards (september, october and november). Why would it be allowed on this one?

So you cancel the whole promotion?

Only scammer website operators cancel the whole promotion as and when they want and without a shadow of doubt betking is a scam website and Dean Nolan is a scammer who operates that scam website.

In fairness the winners should have been paid - simple.

Nothing this scammer Dean Nolan says or does can be taken seriously. You have been warning people about him for years but your advice fell on deaf ears because he scammer Dean Nolan was chatting offline on skype to several other gambling/gaming websites and he thought he had a ring of fence around where he could scam the people he wanted to scam (including scamming non-website owners) while at the same time he could portray a persona of a bonafide website operator to stay in their circle pretending to be a model citizen.

Like you, I also have for a long time been warning people about this scammer Dean Nolan and his scam betking website. I hope whatever very little people that are still on that scam betking website stop using it and everybody keeps away from scam betking and anything else scammer Dean Nolan is involved in.

[RHavar]

As usual no one in this forum has any idea what they are talking about including Ryan with his snarky comments.

Yet, you make no attempt of actual clarifying.

Everyone posting about BKB when they don't know how many tokens I've bought back or own or how many people were happy to switch already to the new project or any actual internal running of the business.

Seems kind of irrelevant? You massively screwed BKB holders, I believe some investors were selling their BKB tokens at < 20% of their "buy back" price after you renegged on your promises. Even if a small amount of people were screwed, the fact is you still screwed your investors. (I also have a hard time believing it was an insignificant amount, or why would you even ruin your name over it?)

Now we have people jumping to conclusions about the prizes and talking about multi accounting.
Where did I say the contest was cancelled only because of multi accounting?

You do realize that this is a forum? You can post your justification for the pretty insanely drastic action of reverting all the bets and not giving out the promised prizes? Complaining that no one one understands your reasons and refusing to provide them isn't exactly a good look.

It's stupid for anyone to call it a scam when no one at all loses money.

Only need to see the posters though, 2 actual participants have posted and zero investors and zero token holders. Just trolls and haters. Pathetic.

I also know you're well-aware you have seriously disadvantaged some players with your bet/prize reversal.  I talked to someone in private who is in this bucket as they should've won a significant amount from the wagering contest. kolloh from this forum (who did post) also appears to have been similarly been harmed.

Considering your should've paid out 20 BTC + 50% EV (??) in prizes, but net player loss during Dec was pretty minor -- it's rather obvious the only reason you did the reversal is because you end up with a lot more money in your pocket than if you didn't.

I'm really trying to be charitable here considering your long history in the bitcoin world, but I have trouble seeing what you're doing as anything other than first scamming investors and now your players. Please correct me if I'm wrong, as I'd really like to be.

[JustLikeThat]

I think it's still not a good move from BK :3, I was join the contest from 24 dec till the end and now the promotion is cancelled...bah, but theres still other honest players, still we lost much time and energy.

I know there was a big balls person joining the competition at the ends (last day) at that time I was got kicked out from BTC,LTC leaderboards and at 6:30 morning (23:30 UTC time) I'm going to the bank and deposit some eth to betking and I think I'm at #3...but..BAH

[BetKing Support]

Yet, you make no attempt of actual clarifying.

Many times I have in this forum and they just get ignored. Look at jolly goods post pattern. Asks questions then when I answer he posts 5 times replying to others so that no one sees my asnwers.

You massively screwed BKB holders, I believe some investors were selling their BKB tokens at < 20% of their "buy back" price after you renegged on your promises. Even if a small amount of people were screwed, the fact is you still screwed your investors. (I also have a hard time believing it was an insignificant amount, or why would you even ruin your name over it?)

Wrong. Players who won tokens betting sold them for less than buy back rate.
I've not screwed any investors.
First off, investors have had 600 Bitcoin returned to them, from the initial ICO funds.
I own 85% of all tokens now. There are likely 5% held by bounty participants who will never log in to BetKing ever again, but if they do their tokens are there.
Every decision I've made in the past year and a bit has been to the benefit of token holders. Not all of them have been a success but it is still trying.
I've been doing a lot more for investors than any other gambling ICO has done for their token holders.
You don't know what our expenses have been on marketing, promos, developers etc. You just keep making judgments when it's really none of your business. I thought you were retired?

I also know you're well-aware you have seriously disadvantaged some players with your bet/prize reversal.  I talked to someone in private who is in this bucket as they should've won a significant amount from the wagering contest. kolloh from this forum (who did post) also appears to have been similarly been harmed.

How have they been harmed if they lost no money? That makes zero sense.

I'm really trying to be charitable here considering your long history in the bitcoin world, but I have trouble seeing what you're doing as anything other than first scamming investors and now your players. Please correct me if I'm wrong, as I'd really like to be.

You are not trying to be charitable because you know you love the drama. It's why you keep posting in stupid forums when you said you were retired. You love the little amount of fame you get from your fans in here.
Where's your proof of scam? Where are the investors showing that I've lost them money? Where are the players that have lost money? Is that not what the trust system here was meant to be about, proving scams?
You have become the same as any troll here, screaming scam without having proof and not knowing what you are talking about. That is unfortunate. Never met you but we spoke very often and I thought you were a friend that I could trust.

I see you still gave me negative trust when we don't even have the game on site now. We took it down a few days after Daniel said to.
You guys can both say all you want that it was up for a week or more but the fact is that we were still in discussions of what to do and Daniel had allowed this time.
You also know that I was under the legit impression I could use that source. I had no idea about the licence on that original source. I thought it was only the latest one that Daniel sells.
When you saw I was using it you even said "Imao it's the exact source of BaB 1." and I said "is that a problem?"
You then said "You could use it and hope Daniel doesn't notice lol"
Yet I'm in the wrong here yeah?

You've told me about many actual pirated BaB sites and said you don't even bother going after them even when they were making millions of $ yet you jumped straight on BetKing when we had zero players playing in the game?


 

[game-protect]

Now we have people jumping to conclusions about the prizes and talking about multi accounting.
Where did I say the contest was cancelled only because of multi accounting?

Why did you cancel the contest?

Multi accounting is indeed no reason to cancel contests, because they simply will be removed from the leaderboard!

It's stupid for anyone to call it a scam when no one at all loses money.

Participants did not lose the promised prizes?

Not paying promised prizes is called scam in the real world!


Also kind reminder: When did you discover the multi-accounts and how?

[JollyGood]

As usual no one in this forum has any idea what they are talking about including Ryan with his snarky comments.

Yet, you make no attempt of actual clarifying.

Everyone posting about BKB when they don't know how many tokens I've bought back or own or how many people were happy to switch already to the new project or any actual internal running of the business.

Seems kind of irrelevant? You massively screwed BKB holders, I believe some investors were selling their BKB tokens at < 20% of their "buy back" price after you renegged on your promises. Even if a small amount of people were screwed, the fact is you still screwed your investors. (I also have a hard time believing it was an insignificant amount, or why would you even ruin your name over it?)

Now we have people jumping to conclusions about the prizes and talking about multi accounting.
Where did I say the contest was cancelled only because of multi accounting?

You do realize that this is a forum? You can post your justification for the pretty insanely drastic action of reverting all the bets and not giving out the promised prizes? Complaining that no one one understands your reasons and refusing to provide them isn't exactly a good look.

It's stupid for anyone to call it a scam when no one at all loses money.

Only need to see the posters though, 2 actual participants have posted and zero investors and zero token holders. Just trolls and haters. Pathetic.

I also know you're well-aware you have seriously disadvantaged some players with your bet/prize reversal.  I talked to someone in private who is in this bucket as they should've won a significant amount from the wagering contest. kolloh from this forum (who did post) also appears to have been similarly been harmed.

Considering your should've paid out 20 BTC + 50% EV (??) in prizes, but net player loss during Dec was pretty minor -- it's rather obvious the only reason you did the reversal is because you end up with a lot more money in your pocket than if you didn't.

I'm really trying to be charitable here considering your long history in the bitcoin world, but I have trouble seeing what you're doing as anything other than first scamming investors and now your players. Please correct me if I'm wrong, as I'd really like to be.

As you rightly said scammer Dean Nolan had just two real choices, either pay out 20 BTC = 50% EV or cancel all bets then return all bids placed and revert to "before the wager". He thinks he can give 10% of deductions to participants of the Christmas wager to show he is bonafide and trustworthy? All the evidence suggests (as you correctly pointed out) that he did not want to suffer a huge loss therefore he decided to concoct a story to wriggle out of paying it while still trying to save face.

You might be charitable towards this scammer but I am not, I will not give him the benefit of any doubt as there is no doubt, all evidence clearly shows that Dean Nolan is a serial scammer.

Yes I concur, he scammed betking ICO investors but the list is far more extensive than that. It ranges from scamming everybody from affiliates to customers and everything in between. He continues to sell BKB tokens on his scam betking website without mention of it "closing down and transitioning in to bitsafe exchange with all BKB tokens being converted to bitsafe tokens".

Last month the scammer Dean Nolan failed in his attempt to raise money in a new ICO for his "bitsafe" project. He wanted to raise a whopping $10 million for doing next to nothing. He paid a few hundred dollars US$ to a coder from the Philippines to make a cheap looking website and app for a exchange and the scammer Dean Nolan thinks that justifies a $10 million ICO because he wants to pocket the majority of it by claiming "development " costs.

Keeping in mind how he wriggled out of paying a 2 BTC licence fee for the crash game yet also claimed to give away 1 BTC EVERY DAY to charity or good causes from 1-25 December 2017 makes me think scammer Dean Nolan has psychological issues.

Just read what he posted which led to your replies. The scammer Dean Nolan is an imbecile, a pathetic scammer that got lucky when he fooled people in to parting with $6.5 million in the betking scam ICO. Scammer Dean Nolan has no social skills, he keeps throwing tantrums, is a failed businessman but definitely is a semi-accomplished scammer.

I hope the evidence stacks up against him and the law enforcement agencies speak to him as soon as I contact them with everything I am compiling against this scammer Dean Nolan.

[RHavar]

How have they been harmed if they lost no money? That makes zero sense.

You are quite literally not paying people their winnings, and still haven't offered a reasonable explanation for why you've voided the contest and bets.

When you saw I was using it you even said "Imao it's the exact source of BaB 1." and I said "is that a problem?"
You then said "You could use it and hope Daniel doesn't notice lol"
Yet I'm in the wrong here yeah?

Yes. Obviously. You were the one that pirated the software, not me. Even though this is out taken out of context (where I go on to tell you it's best to buy a license, or comply with the terms).  And this directly contradicts statements you repeatedly made Daniel and the CGF and then even publicly:

You know we were under the opinion, wrongly, that we were able to use that code after discussing it with RHavar.

Blaming me for your piracy for no reason, based on conversations we had in-confidence after the fact. I very clearly never endorsed piracy (just pointed out you could get away with it if Daniel doesn't notice) and several times encouraged you to follow the license. You obviously thought very little of our "friendship" if you were willing to try stab me in the back so easily?

You've told me about many actual pirated BaB sites and said you don't even bother going after them even when they were making millions of $ yet you jumped straight on BetKing when we had zero players playing in the game?

I don't care. I no longer own BaB. It's not my place to care. Almost everyone without fail who pirates copies of BaB ends up failing. Why? Because a gambling business is built upon trust, so by starting with known pirated software it almost guarantees you will never be trusted.  You'll notice yours is falling apart because no one trusts you any more (and can you blame them? The last months you've done nothing but lie and walk back promises).

The only reason I cared about you pirating BaB was because you were going around blaming me (why?!!) and repeatedly saying other falsehoods (e.g. you didn't know) along with a lot of other unethical behavior (e.g. running the pirated version for a week or so to see how well it did before "deciding" to comply with the license, even though Daniel repeatedly told you he was not ok with that that). And then you obfuscated the source (changing stuff like the canvas to an svg) and tried to pretend it was a reimplementation.

I'm sorry, but all that's on you. And all that's behavior by someone hilariously untrustworthy.


[Edit: fixed quote]