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Author Topic: BetKing.io is a blatant scam operated by Dean Nolan  (Read 31029 times)
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May 18, 2019, 01:01:29 AM
 #381

Anyway, he is referring to LoyceV about the $700 tokens.

Since when does receiving tokens for bounty participation equate to bounty participants receiving them for free?

Bounty participants promote ICOs to receive tokens, they actually work and do not receive tokens for free but serial scammer Dean Nolan always finds a new way with words. He is an utter and total compulsive liar.

better to just ignore him man , site is already dead and as he said he quit bitcointalk for good
IDK how a professional person can say that and IDK what bounty participants who shilled him after the EOS move think about it
so people have to pay for his shitty token in order to claim that they were scammed  Cheesy

any sane person should realize that bounty participants and investors are the same and both are considered legit share holders
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May 18, 2019, 02:09:50 AM
 #382

It is funny how the scammer called the $700 of Loyce free if it is from bounty campaign. Bounty participants did work for the project and it maybe called incentive or salary in some way, there is no way to call it free unless there is no work done
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May 18, 2019, 02:37:46 AM
 #383

I don't think forcefully pushing a tag of scammer for Dean would be a good idea.
Though he still need to explain about the funds he raised in ICO.
Betking seems to be a profitable business at the moment and he has done it fair with the gamblers there.
He could easily buy back the BKB tokens at a good rate in a period of time if the site keeps making a profit.
I'm an old user, BKB holder and a bankroll investor and I still want to believe in betking.



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May 18, 2019, 05:26:31 AM
 #384

I don't think forcefully pushing a tag of scammer for Dean would be a good idea.
Though he still need to explain about the funds he raised in ICO.
Betking seems to be a profitable business at the moment and he has done it fair with the gamblers there.
He could easily buy back the BKB tokens at a good rate in a period of time if the site keeps making a profit.
I'm an old user, BKB holder and a bankroll investor and I still want to believe in betking.

I understand your point, but to not mince words, Dean is a scammer and unambiguously scammed the original investors to his great personal profit. He literally structured his ICO such that he would make money when crypto prices went up, and lose money when prices went down. When prices went up, he took the personal profit. When prices went down said "lolz, sorry!"


Not to mention, he's also a serial-liar. Like just today I saw  his post lying about pirating software. I know he's full of shit, because I'm the one who wrote most of that code and it's obviously being used (even before some obfuscation, it literally even had the same debug stuff I was personally using, rofl).


Knowing that, if you want to invest or play -- go ahead. But I do think it's important that people realize they are dealing with a liar and a scammer before they use the site.

Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
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May 18, 2019, 06:22:52 AM
 #385

It is funny how the scammer called the $700 of Loyce free if it is from bounty campaign.
Apparently the value of BetKing's token depends on the source where you got it from, and depending on the source it's totally okay to break promises and drop the promised dollar-value by 99%.
It's typical for scammers to keep making up new stories just to get others to join too.

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May 18, 2019, 08:27:14 AM
 #386

I understand your point, but to not mince words, Dean is a scammer and unambiguously scammed the original investors to his great personal profit. He literally structured his ICO such that he would make money when crypto prices went up, and lose money when prices went down. When prices went up, he took the personal profit. When prices went down said "lolz, sorry!"


Not to mention, he's also a serial-liar. Like just today I saw  his post lying about pirating software. I know he's full of shit, because I'm the one who wrote most of that code and it's obviously being used (even before some obfuscation, it literally even had the same debug stuff I was personally using, rofl).


Knowing that, if you want to invest or play -- go ahead. But I do think it's important that people realize they are dealing with a liar and a scammer before they use the site.
That is not true!

The BKB fantasy token investment contract clearly states:

Quote
The token value is calculated as:

I + (P /100,000,000)

Where I is the initial token price after the IC0, $0.09286 and P is the total site profit from all games and currencies at the current exchange rate in $.

He simply did not fulfill it and committed the criminal offense of investment fraud!

If the value of the crytpo currencies would have decreased, you can be rest assured that he would have count it for the determination of the BKB fantasy token price.

You can find a collection of his scams here BetKing scam
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May 18, 2019, 10:46:10 AM
Last edit: May 19, 2019, 01:46:13 AM by JollyGood
 #387

This is too bad to hear, and at this stage where most gambling website are looking for good reputation some others are destroying the one they have earn already, I don't know what the case may be but betking have to come out to clear the air so that they can build confidence in the heart of new users.

As posted in another thread, they cannot come here and clear the air because when they lie they get exposed.

A problem here with regards to betking not having clarity is because serial scammer Dean Nolan and his side-kicks are promoting a distinction between "groups" in the hope to create confusion.

Group 1 consists of those those affected by betking in any negative way:
- ICO investors
- later purchasers of BKB tokens
- current disillusioned holders of BKB tokens or BKT tokens
- bounty participants
- those who had their software stolen by betking and used without consent and used without paying licence fees
- those invited to invest in post-ICO betking when it nearly shutdown as it was failing but were lied to and told it was doing exceptionally well and was a great investment
- previous players who won contests but were scammed by betking and not given their winnings
- previous affiliates who helped promote the website but were scammed by betking


Group 2 consists of:
-current players who bet at betking who might have little, a lot or no information about its shady past


It is normal for those in Group 2 (current gamblers at betking) to pop in and out of betking related threads saying they were able to deposit and withdraw funds with ease. Maybe they had a good game play experience, maybe they have positive comments to post. Some accounts here are no doubt operated by serial scammer Dean Nolan and side-kicks but they can easily be spotted.

As for the Group 1, they have their own reasons for being disillusioned with betking and lay the blame squarely at serial scammer Dean Nolan.

The purpose of the ICO was to make serial scammer Dean Nolan rich at any cost to investors. When he wanted more money for himself after he scammed investors he failed to sell betking and failed to raise funds to launch his "bitsafe" exchange scam, therefore he switched over to EOS tokens trying to airdrop freebies to new users in the hope to drag in 200,000 new users but there are hardly 15-20 users logged in to that site at any time with another 5-10 non-users just on there looking around before exiting.

About those EOS tokens he made sure he was going to make even more money for free from thin-air: "Reserved for Team: 1,000,000,000"

What exactly did serial scammer Dean Nolan do that deserved and warranted him getting 1 billion of the of the 10 billion BKT EOS tokens?

Why on earth did he receive 10% of all BKT out there after he destroyed the reputation betking once built-up?

He decided to unilaterally give himself 10% of all BKT tokens on the EOS platform AFTER he made millions from the 30 million BKB tokens that were in his control that were not for public sale in the 2017 ICO.

Of those 70 million BKB tokens he sold, 50% were supposed to go directly to the bankroll - that was over 1046 BTC, over 4619 ETH and over 856 LTC. The remaining 50% were supposed to be used to help the site with "marketing, promotions, SEO, design development, server costs and legal" but much of those funds were also siphoned-off and diverted to serial scammer Dean Nolan because he never allowed any audit of expenditure to any investor or non-investor. 50% of funds raised did not go to fund the bankroll and the other 50% were not used for "marketing, promotions, SEO, design development, server costs and legal". Where did they go?

Serial scammer Dean Nolan claims he used the bankroll funds to buy back BKB tokens when nobody in their right mind would do that.

Why use the bankroll funds to buy back tokens? Well it was because he could not use the remaining 50% funds which were allegedly to be used for "marketing, promotions, SEO, design development, server costs and legal" because much of them were being siphoned-off and being diverted to serial scammer Dean Nolan therefore the only way he could do it was to use the bankroll funds which any competent business person would tell you that was the worst thing to do but he did it because he did not want to use the funds for "marketing, promotions, SEO, design development, server costs and legal" as it would hit his personal milking-machine.

Serial scammer Dean Nolan who made himself filthy-rich thanks to the millions that poured in from the 2017 betking ICO then went on to ensure he would have staggering 1 billion BKT EOS tokens for himself. There is no "team", it is just him and he hires low cost coders to make modifications for him since he could not code a single piece of code even if he tried.

When its owner and operator serial scammer Dean Nolan tries to show people that betking is a clean business without a shady past, he is not only lying by denying the wrongs of the past but also is presenting more lies in the face of a new narrative he presents to those unaware of the past.

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May 18, 2019, 11:58:42 AM
 #388

So he was just there because of the fact that bitcoin will always be profitable. that's crazy actually. I can't imagine how Dean Nolan even got to people invest in this at all. are people that stupid that they are not even gonna check where their money is actually gonna be used. what if he is going to trade drugs with your money aren't you gonna do anything about it. just stop investing in god damn ICO's its time to stop.
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May 19, 2019, 01:54:51 AM
Last edit: May 19, 2019, 02:05:52 AM by JollyGood
 #389

So he was just there because of the fact that bitcoin will always be profitable. that's crazy actually. I can't imagine how Dean Nolan even got to people invest in this at all. are people that stupid that they are not even gonna check where their money is actually gonna be used. what if he is going to trade drugs with your money aren't you gonna do anything about it. just stop investing in god damn ICO's its time to stop.


Serial scammer Dean Nolan managed to get investors in to the 2017 betking ICO because at that time betking had a good reputation.

It was a popular site which was running on bankroll from investors that made investors happy with their returns but serial scammer Dean Nolan wanted more profit for himself so he closed down in December 2016 and returned investors money.

Then went down the ICO route in 2017 as it would mean he had control of the funds and there would be no audit... ideal opportunity to siphon-off funds.

The 2017 ICO is not even mentioned or referred to on the betking website  Roll Eyes

Serial scammer Dean Nolan broke almost every promise he made in the 2017 ICO whitepaper. His current side-kick once said this about him:

I wonder where things went wrong. He had such a good website back in the day and I'm really grateful for that. He always was a little miscalibrated but intentions were good. Then something just plummeted off of the deep end during the bear market I guess. GG

He went broke trading alt coins, according to him he was tired of alt coiners making more gains than him so he started trading and he got liquidated for everything, this is not a lie I was told to keep hush but I ain't letting this dude get away with another scam, my 30k is long gone. Now the interesting thing  is to speculate is if he used ico funds to gamble on is bitmmex acc or otc trades. Fromm y point of view since the inception of Ico it seems he is doing everything in his power for it to fail.


Getting employed by serial scammer Dean Nolan must have been a huge step up in the social ladder for BillyBurns because he changed his opinion of serial scammer Dean Nolan and his betking scam website

BillyBurns is officially the biggest fan scammer Dean Nolan has and BillyBurns has the official title of his first job title "side-kick" as well as his second job title "betking chat moderator"

Even after losing 30k (his own admission) he his supporting serial scammer Dean Nolan and his betking scam.... possibly he suffers from a Stockholm syndrome type of illness?

 Roll Eyes

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May 19, 2019, 02:15:27 AM
Merited by LoyceV (1)
 #390

Not to mention, he's also a serial-liar. Like just today I saw  his post lying about pirating software. I know he's full of shit, because I'm the one who wrote most of that code and it's obviously being used (even before some obfuscation, it literally even had the same debug stuff I was personally using, rofl).


Knowing that, if you want to invest or play -- go ahead. But I do think it's important that people realize they are dealing with a liar and a scammer before they use the site.

Yep, he's also run fake contests that were never paid out as well. Definitely not trustworthy.
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May 19, 2019, 11:26:51 PM
 #391

Not to mention, he's also a serial-liar. Like just today I saw  his post lying about pirating software. I know he's full of shit, because I'm the one who wrote most of that code and it's obviously being used (even before some obfuscation, it literally even had the same debug stuff I was personally using, rofl).


Knowing that, if you want to invest or play -- go ahead. But I do think it's important that people realize they are dealing with a liar and a scammer before they use the site.

Yep, he's also run fake contests that were never paid out as well. Definitely not trustworthy.


It is the gullible investors and newbies that visit betking that I feel sorry for because they know little or nothing of the shady past betking has.

There is nothing stopping serial scammer Dean Nolan from scamming others winners of other games and contests in future. Look at the scammer, he is using the Bustabit crash code without paying the 2 BTC licence fee.

betking and its owner operator serial scammer Dean Nolan are definitely not trustworthy at all.

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game-protect
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May 20, 2019, 12:12:04 AM
 #392

It is the gullible investors and newbies that visit betking that I feel sorry for because they know little or nothing of the shady past betking has.

There is nothing stopping serial scammer Dean Nolan from scamming others winners of other games and contests in future. Look at the scammer, he is using the Bustabit crash code without paying the 2 BTC licence fee.

betking and its owner operator serial scammer Dean Nolan are definitely not trustworthy at all.
It is not too difficult to put "betking scam" into google.
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May 20, 2019, 01:32:18 AM
Merited by LoyceV (1)
 #393

Not to mention, he's also a serial-liar. Like just today I saw  his post lying about pirating software. I know he's full of shit, because I'm the one who wrote most of that code and it's obviously being used (even before some obfuscation, it literally even had the same debug stuff I was personally using, rofl).


Knowing that, if you want to invest or play -- go ahead. But I do think it's important that people realize they are dealing with a liar and a scammer before they use the site.

Yep, he's also run fake contests that were never paid out as well. Definitely not trustworthy.

Yes and I am a victim on one of those contests. I remember it was a wager contest and it was cancelled 1 day before it ends where I am at 4th or 5th place.
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May 20, 2019, 03:30:42 AM
 #394

I was one of the users who decided to get away before disaster. No matter how much people say it is a scam, I don't understand why they still have many users on the site by the fact that they are still operating.

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JollyGood (OP)
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May 20, 2019, 08:58:55 AM
 #395

Not to mention, he's also a serial-liar. Like just today I saw  his post lying about pirating software. I know he's full of shit, because I'm the one who wrote most of that code and it's obviously being used (even before some obfuscation, it literally even had the same debug stuff I was personally using, rofl).


Knowing that, if you want to invest or play -- go ahead. But I do think it's important that people realize they are dealing with a liar and a scammer before they use the site.

Yep, he's also run fake contests that were never paid out as well. Definitely not trustworthy.

Yes and I am a victim on one of those contests. I remember it was a wager contest and it was cancelled 1 day before it ends where I am at 4th or 5th place.

Are you referring to the 2018 Christmas wager where he refused to payout over 20 BTC +EV?

It was when he was citing "cheating" and said the site was "hacked" but never provided any evidence before he admitted in reality he miscalculated the odds and prizes so refused to pay winners?

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Lassie
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May 20, 2019, 11:59:25 AM
 #396

Not to mention, he's also a serial-liar. Like just today I saw  his post lying about pirating software. I know he's full of shit, because I'm the one who wrote most of that code and it's obviously being used (even before some obfuscation, it literally even had the same debug stuff I was personally using, rofl).


Knowing that, if you want to invest or play -- go ahead. But I do think it's important that people realize they are dealing with a liar and a scammer before they use the site.

Yep, he's also run fake contests that were never paid out as well. Definitely not trustworthy.

Yes and I am a victim on one of those contests. I remember it was a wager contest and it was cancelled 1 day before it ends where I am at 4th or 5th place.

Are you referring to the 2018 Christmas wager where he refused to payout over 20 BTC +EV?

It was when he was citing "cheating" and said the site was "hacked" but never provided any evidence before he admitted in reality he miscalculated the odds and prizes so refused to pay winners?


Not sure now when exactly that wager competition happened coz I already moved on about it and never checked the site after that. I remember I even tried to sent him a PM that is it not a good idead to just cancel a competition like that where everyone wasted time and money just for the position they are in
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May 20, 2019, 08:02:02 PM
 #397

Not to mention, he's also a serial-liar. Like just today I saw  his post lying about pirating software. I know he's full of shit, because I'm the one who wrote most of that code and it's obviously being used (even before some obfuscation, it literally even had the same debug stuff I was personally using, rofl).


Knowing that, if you want to invest or play -- go ahead. But I do think it's important that people realize they are dealing with a liar and a scammer before they use the site.

Yep, he's also run fake contests that were never paid out as well. Definitely not trustworthy.

Yes and I am a victim on one of those contests. I remember it was a wager contest and it was cancelled 1 day before it ends where I am at 4th or 5th place.

Are you referring to the 2018 Christmas wager where he refused to payout over 20 BTC +EV?

It was when he was citing "cheating" and said the site was "hacked" but never provided any evidence before he admitted in reality he miscalculated the odds and prizes so refused to pay winners?


Not sure now when exactly that wager competition happened coz I already moved on about it and never checked the site after that. I remember I even tried to sent him a PM that is it not a good idead to just cancel a competition like that where everyone wasted time and money just for the position they are in


It was the only wager that comes to mind when he scammed winners. In the end he scammed winners out of 20 BTC +EV during the Christmas wager content but then claimed he was a great guy because he returned bets placed to those that placed bets.

The other one he cancelled without notification was when he advertised the 50 BTC dice game to celebrate the post-ICO relaunch of the betking website - that was all drama just to entice users to the site but he had no intention of ever letting anybody win 50 BTC.

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May 20, 2019, 10:20:05 PM
 #398

That's just it many of this site can be so friendly and confusing when reading about them and most actually attract users through their earning points but, as a player you need to do enough research before using any betting site like for example, get a look at the reviews made about them.
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May 20, 2019, 11:01:42 PM
 #399

It is the gullible investors and newbies that visit betking that I feel sorry for because they know little or nothing of the shady past betking has.

There is nothing stopping serial scammer Dean Nolan from scamming others winners of other games and contests in future. Look at the scammer, he is using the Bustabit crash code without paying the 2 BTC licence fee.

betking and its owner operator serial scammer Dean Nolan are definitely not trustworthy at all.
It is not too difficult to put "betking scam" into google.
Typing those words are really hard even on a casual search for any other service/gambling sites/trading sites out there.

Seems like their crash game do have lots of players. lol


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May 21, 2019, 07:39:52 AM
 #400

I was seeing this ICO closely initially this guy abandoned bounty hunters . In that time there was not much greedy bounty hunters even very less everybody were trying to promote this project he ditched . Then he failed to show revenue model . He couldn't able to pay  Devidends for investors.
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