BetKing.io is a blatant scam operated by Dean Nolan

[game-protect]

@ BetKing serial scammer

Where is the accounting to see the losses your investors suffered?

The value increasement of the crypto currencies was immense and considering the costs of the poor casino offer, the win must be $ millions!

[RHavar]

Now is 528 annoying considering how much you put in? Yes, of course. Is it a scam? Clearly not.


The site done terrible for a year. This is investing, there's risks.

No one's upset because the investment did bad. They're upset because it did bad because you scammed them by unilaterally changed the rules of the buyback to personally benefit you at the expense of investors. I think this is pretty clear to everyone, hence why so many independent people have given you negative trust.

[BetKing.io]

Now is 528 annoying considering how much you put in? Yes, of course. Is it a scam? Clearly not.


The site done terrible for a year. This is investing, there's risks.

No one's upset because the investment did bad. They're upset because it did bad because you scammed them by unilaterally changed the rules of the buyback to personally benefit you at the expense of investors. I think this is pretty clear to everyone, hence why so many independent people have given you negative trust.

This is where you are just totally wrong though and have no clue what you are talking about and shows a clear flaw with the trust system here.

No one who has left me negative trust put money in the ICO. None of them are investors and none of them have been scammed.

You all also refuse to even acknowledge just how much of the initial funds were returned to investors.

The fact is that almost all of the remaining investors, that represent >80% of the $ invested, are in a private Telegram group where we discuss daily the state of things and our future plans.
They are positive about the situation and don't think it's a scam.

So who is right? 80% of the actual money invested or 10 people on a forum who haven't invested a penny and don't know what they are talking about?

[RHavar]

You all also refuse to even acknowledge just how much of the initial funds were returned to investors.

I don't refuse to acknowledge it, it's just not a particularly interesting point. You honored the terms of the agreement when it favored you personally (crypto prices were higher), and then renegged when it turned against you.
 
Even if you only scammed 0.01% of investors, it's still scamming and you don't get a cookie for not scamming the other 99.99%.

But besides, you keep bringing this up -- and never given a real answer. If you renegging on the agreement affected so little people for so little money, then why did you even do it? Why not just honor the agreement?

[BetKing.io]

You all also refuse to even acknowledge just how much of the initial funds were returned to investors.

I don't refuse to acknowledge it, it's just not a particularly interesting point. You honored the terms of the agreement when it favored you personally (crypto prices were higher), and then renegged when it turned against you.
 

Again, just totally wrong. Btc prices went down from dec 2017 to dec 2018. I never stopped suddenly when it didn't favour me. I bought tokens right up to the end. Then we had to stop because the business had no money left because we were spending lots and using lots of initial funds to buy back tokens. The buybacks changed because it was necessary for the business to continue.

Again, you don't know anything that you are talking about and you don't know all the facts or how the business works or is working.

Notice you don't mention buying back now that btc is went up again.

"ven if you only scammed 0.01% of investors, it's still scamming and you don't get a cookie for not scamming the other 99.99%."
They were not scammed and if one person feels scammed but has no stake in the game then yes that is very relevant.

So you and your crew think it's OK to make things difficult for other investors to see a return on a lot of $ by labelling the site a scam because one person THINKS they have been scammed for a few $?
Use your head.

[RHavar]

I have a simple question:

With the original scheme (before you unilaterally changed it) how much profit/loss (in crypto) did you make/lose from the buy-back scheme? i.e. If you look at how much you made when you sold the BKB (in crypto) and subtract how much you paid for the buy-back (in crypto). What was your net profit/loss?

[BetKing.io]

I have a simple question:

With the original scheme (before you unilaterally changed it) how much profit/loss (in crypto) did you make/lose from the buy-back scheme. i.e. If you look at how much you made when you sold the BKB (in crypto) and subtract how much you paid for the buy-back (in crypto). What was your net profit/loss?

I lost over $1 million personally.

Well more like "I am down" since the site is still open and is making profit and so original investors will see a return in the long run

[RHavar]

I lost over $1 million personally.

And how much would've you lost if you honored the original agreement till completion?

[BetKing.io]

I lost over $1 million personally.

And how much would've you lost if you honored the original agreement till completion?

What are you talking about? It was not possible to hence the whole reason we changed the business.
It's totally irrelevant.

The site is open and making more money now than it was then and people are seeing a profit and the token price is raising constantly to where original ICO investors will be able to see a full return but also much much faster than in the original buyback.
Everyone has the chance to see full return this year now. Under the old method it would still take 3-4 years. So again, where's the scam?

[gonfalons]

I am another person who got scammed by this, not the ICO but from casino. He decided to not pay me and steal my money instead

[BetKing.io]

I am another person who got scammed by this, not the ICO but from casino. He decided to not pay me and steal my money instead

newbie account with no proof. And someone who didn't send any email or contact. Not exactly believable.

edit after checking your history: if you are talking about sports bets from when we removed sports, all winnings were credited to players.

[JollyGood]

Now is 528 annoying considering how much you put in? Yes, of course. Is it a scam? Clearly not.


The site done terrible for a year. This is investing, there's risks.

No one's upset because the investment did bad. They're upset because it did bad because you scammed them by unilaterally changed the rules of the buyback to personally benefit you at the expense of investors. I think this is pretty clear to everyone, hence why so many independent people have given you negative trust.

This is where you are just totally wrong though and have no clue what you are talking about and shows a clear flaw with the trust system here.

No one who has left me negative trust put money in the ICO. None of them are investors and none of them have been scammed.

You all also refuse to even acknowledge just how much of the initial funds were returned to investors.

The fact is that almost all of the remaining investors, that represent >80% of the $ invested, are in a private Telegram group where we discuss daily the state of things and our future plans.
They are positive about the situation and don't think it's a scam.

So who is right? 80% of the actual money invested or 10 people on a forum who haven't invested a penny and don't know what they are talking about?

Absolute nonsense

The ICO investors that cashed in their BKB tokens received BTC from funds that were supposed to be used for the bankroll so that in itself was a major reason the betking site was failing.

The only reason why the bankroll funds were used to buy-back BKB tokens was because it gave serial scammer Dean Nolan the ample opportunity and excuse to cash-in his own BKB tokens. He continued to siphon-off funds from the funds that were specifically to be used for "marketing, promotions, SEO, design development, server costs and legal" because it was easier to scam that way than steal directly from the bankroll.

Since no facts and figures have ever been released it is impossible to verify anything and it would be sheer lunacy to believe anything that serial scammer Dean Nolan spouts

[iluvbitcoins]

It's so sad to see I was right all along about Dean.
Even reading through my replies that were quoted here makes me angry.
0.5BTC I have invested in the project is worth a total of 160$.

People like him make me want to become a vigilante.

People like you just talk so much shite.

If you bought 0.5 btc in the ico you would have invested ~$2250 would have received 24649 BKB.
That's if you bought on the last week. You probably had some discount and also got bonuses for BCH too. So you likely got around 30,000 tokens.

30k BKB gets you 600000 BKT

The current price of BKT is 11 sats = 0.066 BTC meaning at the moment your tokens are worth $528, 3.3x more than you claimed.

Now is 528 annoying considering how much you put in? Yes, of course. Is it a scam? Clearly not.
The site done terrible for a year. This is investing, there's risks.

The past few months though the site has made > $200,000. Which is way more than it made in the first year of after ICO.
Things are turning round a lot.
We are doing better than some other sites since the launch of new token on feb 18th  e.g. BItvest and similar volume/profit to cryptogames

Also, if you invested 1 btc into the bankroll on feb 18th you would have made 10x more profit than on bustabit and way more than on any other dice site.

People should check the facts before posting in these threads.

Your logic to me is ridiculous. If you hold tokens and put money in why would you be trying to get people not to play by posting your false scam accusations? It's stupid.

Yes, Dean, you're right.
My 0.5BTC investment IS worth 528$.

[BetKing.io]

It's so sad to see I was right all along about Dean.
Even reading through my replies that were quoted here makes me angry.
0.5BTC I have invested in the project is worth a total of 160$.

People like him make me want to become a vigilante.

People like you just talk so much shite.

If you bought 0.5 btc in the ico you would have invested ~$2250 would have received 24649 BKB.
That's if you bought on the last week. You probably had some discount and also got bonuses for BCH too. So you likely got around 30,000 tokens.

30k BKB gets you 600000 BKT

The current price of BKT is 11 sats = 0.066 BTC meaning at the moment your tokens are worth $528, 3.3x more than you claimed.

Now is 528 annoying considering how much you put in? Yes, of course. Is it a scam? Clearly not.
The site done terrible for a year. This is investing, there's risks.

The past few months though the site has made > $200,000. Which is way more than it made in the first year of after ICO.
Things are turning round a lot.
We are doing better than some other sites since the launch of new token on feb 18th  e.g. BItvest and similar volume/profit to cryptogames

Also, if you invested 1 btc into the bankroll on feb 18th you would have made 10x more profit than on bustabit and way more than on any other dice site.

People should check the facts before posting in these threads.

Your logic to me is ridiculous. If you hold tokens and put money in why would you be trying to get people not to play by posting your false scam accusations? It's stupid.

Yes, Dean, you're right.
My 0.5BTC investment IS worth 528$.

More now since we bought up a lot more today increasing the price to 13 sats.
But, just because your investment is worth less that doesn't mean it's a scam at all.
When stock prices drop do you call that a scam? When BTC drops do you call that a scam?

Also, what is the problem? Under the old buyback method it would take you 3-4 years to even see a return since you could only sell 10% every 3 months.
Now the site is profitable and the token price is increasing and you will be able to get full return or even profit much much faster.
 

[game-protect]

But, just because your investment is worth less that doesn't mean it's a scam at all.

Whether or not it is a scam depends on why his investment decreased.

In your case it is clearly a scam as you did not fulfill the investment contract with not adding the crypto currency value increasement to the BKB fantasy token value and you furthermore did not use the collected crypto currencies to built up BetKing as promised.

 

[lyks15]

I hope crypto gambling and gaming industry will do something about this issue. Because scam is fraud is the biggest issue that every crypto investor and gamer's problem and I think this will never be solved without a legal action and in short we need to talk about an legalization and centralization step.

[Cryptobillionaire]

I am another person who got scammed by this, not the ICO but from casino. He decided to not pay me and steal my money instead

newbie account with no proof. And someone who didn't send any email or contact. Not exactly believable.

edit after checking your history: if you are talking about sports bets from when we removed sports, all winnings were credited to players.

stfu. do you think guys give a fuck about being a newbie. u clearly stole his money period. has nothing to do with newbie

[Cryptobillionaire]

even the site rolls are so scammy in nature. play once and win and the next time u try again, man u are gonna get some very outragous outcomes. the site is rigged and the owner is a scammer. he lures u into the site with bogous give aways, once you are in he cancels them.
before he closed i had my 2.5btc stolen by him

[attilla82]

english not native for me, so sorry for mistakes
I think u should extrapolate this project to the real life. When u are the owner of the business and want to make it profitable u willing to do evrything to put it in this way. Many companies in real world have the growing piriod and  a crash piriod. When company growes evrybody happy (owener, investors, employees).When it startes to fall some investores becomes haters and u dont have money to pay seliary. Then u deside to lay off 50% of ur emploies and tell ur investors that u are fucked up. It happenes every single day, especcialy in hight risk buisness (hight profit expectation). There are some of them from well known in 2018 on cryptoindustry: Steemit, Bitmain,BCHvsBSV, Neo, ETC etc. There were a lot of rumors and scandals around them at this piriod. Have their investores lost money by investing in this company in the early 2018? Yes. Have they changed the game rules  on crushed crypto market to stay alive? Yes a lot of times. Will people buy BTC miner or BCH or Neo and make profit or will they use steemit in future? Yes definetly. So why at this reason betking is different from them. Have the players been scammed? No. Have investores lost part of their money? This true. Have the owner returned money (not directly invested in the BKB token)? Yes. Have the owner was changing the rules to stay betking alive? Yes. Have investors lost all their investments? NO. Betking still alive and working. I hope sooner or later all investors will recover their loosing if they are smart enogh.

[JollyGood]

But, just because your investment is worth less that doesn't mean it's a scam at all.

Whether or not it is a scam depends on why his investment decreased.

In your case it is clearly a scam as you did not fulfill the investment contract with not adding the crypto currency value increasement to the BKB fantasy token value and you furthermore did not use the collected crypto currencies to built up BetKing as promised.

Great reply, I have to agree with you.

The value of invest going increasing or decreasing is one thing, the circumstances causing the investment to increase or decrease is another one altogether.

Serial scammer Dean Nolan is back after throwing a tantrum a couple of months ago saying he was leaving the forum... he said it multiple times in the past but always returned