🎲EarnBet.io🎲FREE Faucet❗🎲0.5% House Edge🎲100% Decentralized🎲Provably Fair🎲

[game-protect]

We paid out to our winning players almost half a billion dollars!

How much did players lose?

[1713490160]

1713490160

[1713490160]

1713490160

[1713490160]

1713490160

[1713490160]

1713490160

[davinchi]

[siz e=13pt]We paid out to our winning players almost [colo r=green]half a billion dollars[/color]!

This is an astonishing milestone and we are very thankful to our community for constant support.



Join the most disruptive and provably fair casinio now - EOSBet.[/size]

Honestly, marketing about paying half a billion dollars is both great marketing and horrible marketing for a website that has the eosbet system. You also have to tell people how much you won in order to make them keep on grinding bet token as well for dividends.

Yeah, it is great that eosbet gave a lot of money, half a billion dollars like we see here, but we are basically "mining" bet token in order to make money from dividends and every single week we have been profiting (I don't know if we ever had a negative week) which means people has to lose more than half a billion dollars in order for us to make money. So, when marketing about how you gave half a billion dollars in winnings, that makes it great for gamblers who want to be part of it and that makes it horrible for shareholders who wish that was lower .

[game-protect]

Yeah, it is great that eosbet gave a lot of money, half a billion dollars like we see here,

Where do you see that EOSBet paid 500 million USD to players?

but we are basically "mining" bet token in order to make money from dividends and every single week we have been profiting (I don't know if we ever had a negative week) which means people has to lose more than half a billion dollars in order for us to make money.

How much did you profit?

So, when marketing about how you gave half a billion dollars in winnings, that makes it great for gamblers who want to be part of it and that makes it horrible for shareholders who wish that was lower .

In the real world you need to compare the winnings with the losses to see if a casino is running good.

[fullhdpixel]

Also when you are giving out money to gamblers its not like you are giving away free money, I mean I understand the notion that "we have given half a billion dollars to winners" is more like we are a company who didn't scam anyone and gave the money but that was literally the money they earned so why would it matter.

Plus, we have no idea how much of that was big whales or actually gambling purposes, I am pretty sure there is a ton of people who put max they can on wager amount and play for the highest odds of winning just to basically farm bet token as much as they can. Hence, half a billion dollars is a great marketing tool but lets not kid ourselves and say that its something unique, there are tons of places that have done this and marketing about this looks like "we haven't scammed anyone!" and nothing else.

[ryzaadit]

Still facing the same problem at the crash game, everyone has the same problem as me or not ?s

I change my internet connection with Hotspot, WIFI and Internet Cafe all of them still got a "Network Problem". So i need to set my cashout and cant play manual crash game because its slightly delay for me went doing a manual bet at crash game.

What browser and operating systems are you using? I had several connectivity problems with my firefox before i reinstalled it. Not sure why.

Google bruh.

I think the problem on the platform, because i really don't have problem lag & slightly delay on other crash game site. The suck things went i already play a crash game, and the crash not working after a few seconds around 10-20 i already busted without seeing the line moving.

[CryptoCheckk]

Still facing the same problem at the crash game, everyone has the same problem as me or not ?s

I change my internet connection with Hotspot, WIFI and Internet Cafe all of them still got a "Network Problem". So i need to set my cashout and cant play manual crash game because its slightly delay for me went doing a manual bet at crash game.

What browser and operating systems are you using? I had several connectivity problems with my firefox before i reinstalled it. Not sure why.

Google bruh.

I think the problem on the platform, because i really don't have problem lag & slightly delay on other crash game site. The suck things went i already play a crash game, and the crash not working after a few seconds around 10-20 i already busted without seeing the line moving.

Well I have no issues at all on my google chrome. Also never see any complaints about it in their telegram either, so seems you are one of few (if not the only one) experiencing this.

[game-protect]

1) EOSBet claims it paid 500 million USD to winners.

2) It furthermore claims to have 7 million USD profit.

3) Therefore players must have lost 507 million USD!

4) House edge is 1,5% and if 507 million USD was lost by players, then 34 billion USD must have been wagered on EOSBet!

Everyone with a decent functioning brain knows that this is a huge blatant lie!

Hence, EOSBet tries to find customers based on huge blatant lies and its BET fantasy token lifetime profit share story obviously does not attract enough "investors"!

[TwitchySeal]

1) EOSBet claims it paid 500 million USD to winners.

2) It furthermore claims to have 7 million USD profit.

3) Therefore players must have lost 507 million USD!

4) House edge is 1,5% and if 507 million USD was lost by players, then 34 billion USD must have been wagered on EOSBet!

Everyone with a decent functioning brain knows that this is a huge blatant lie!

Hence, EOSBet tries to find customers based on huge blatant lies and its BET fantasy token lifetime profit share story obviously does not attract enough "investors"!

You're not making any sense, as usual.

They are saying they paid out ~$500m to players and profited ~$7m.

With 1.5% house edge, for every $500m in wagers, they will pay out ~$492.5m back to players and profit ~$7.5m

This is easy math.

(I know very little about this site and am not endorsing them.  Just explaining basic math)

[game-protect]

1) EOSBet claims it paid 500 million USD to winners.

2) It furthermore claims to have 7 million USD profit.

3) Therefore players must have lost 507 million USD!

4) House edge is 1,5% and if 507 million USD was lost by players, then 34 billion USD must have been wagered on EOSBet!

Everyone with a decent functioning brain knows that this is a huge blatant lie!

Hence, EOSBet tries to find customers based on huge blatant lies and its BET fantasy token lifetime profit share story obviously does not attract enough "investors"!

You're not making any sense, as usual.

They are saying they paid out ~$500m to players and profited ~$7m.

With 1.5% house edge, for every $500m in wagers, they will pay out ~$492.5m back to players and profit ~$7.5m

This is easy math.

(I know very little about this site and am not endorsing them.  Just explaining basic math)

This is basic math in the disabled school? Because in the real world it is not!

It is possible that within the first one, two or maybe three months existence of a casino it collected significantly more or less than the house edge.

But after one year running it collected in average the house edge and if 507 million USD were lost by players then it was the 1,5% house edge and players must have wagered 34 billion USD!

34 billion USD wagered is of course an extremely mentally ill brain wash nonsense shit without any connection to the reality!

Despite of this, 34 billion USD wagered would mean 500 million USD profit for EOSBet and not only 7 million USD as they false and misleading claim!

[TwitchySeal]

1) EOSBet claims it paid 500 million USD to winners.

2) It furthermore claims to have 7 million USD profit.

3) Therefore players must have lost 507 million USD!

4) House edge is 1,5% and if 507 million USD was lost by players, then 34 billion USD must have been wagered on EOSBet!

Everyone with a decent functioning brain knows that this is a huge blatant lie!

Hence, EOSBet tries to find customers based on huge blatant lies and its BET fantasy token lifetime profit share story obviously does not attract enough "investors"!

You're not making any sense, as usual.

They are saying they paid out ~$500m to players and profited ~$7m.

With 1.5% house edge, for every $500m in wagers, they will pay out ~$492.5m back to players and profit ~$7.5m

This is easy math.

(I know very little about this site and am not endorsing them.  Just explaining basic math)

This is basic math in the disabled school? Because in the real world it is not!

It is possible that within the first one, two or maybe three months existence of a casino it collected significantly more or less than the house edge.

But after one year running it collected in average the house edge and if 507 million USD were lost by players then it was the 1,5% house edge and players must have wagered 34 billion USD!

34 billion USD wagered is of course an extremely mentally ill brain wash nonsense shit without any connection to the reality!

Despite of this, 34 billion USD wagered would mean 500 million USD profit for EOSBet and not only 7 million USD as they false and misleading claim!

I think you're confusing "we paid out almost $500m" with "our players lost $500m to us".  They aren't saying their players are down $500m.  I'm not sure why you keep saying that.

It seems pretty clear that they are saying they paid out ~$500m in winning bets.  If their house edge is ~1.5% that would mean they profited ~7.5m after paying out the ~$500m.

I think you owe them an apology.

[game-protect]

@ extremely mentally ill and or brain dead

If EOSBet paid 500 million USD winnings, then there are only 2 options from where the money came:

1) They paid the 500 million USD winnings from its own pocket or

2) They paid the 500 million winnings from money other players lost

Option 1) is not possible because they say they made 7 million USD profit, but if they paid the 500 million USD winnings from its own pocket they would have 493 million USD loss!

Therefore only option 2) is left and players losing 500 million USD at 1,5% house edge requires to wager 34 billion USD!

[mu_enrico]

Basically, they paid the ~500 million USD winnings from ~507.5 million USD wagered. What's so difficult about that math?
C'mon you are better than this...

I heard some gossip about Binance dex, and it looked like they have made some progress *fingers crossed.

[game-protect]

Basically, they paid the ~500 million USD winnings from ~507.5 million USD wagered. What's so difficult about that math?

~507.5 million USD wagered at 1,5% house edge generates ~7 million USD profit.

In the real world, it is not possible to pay 500 million USD winnings with only 7 million USD profit in your pocket!

In the real world, if you want to pay 500 million USD winnings you need to have 500 million USD in your pocket!

C'mon you are better than this...

Yes, I am better than your extremely mentally ill brain wash nonsense shit without any connection to the reality!

[TwitchySeal]

@ extremely mentally ill and or brain dead

If EOSBet paid 500 million USD winnings, then there are only 2 options from where the money came:

1) They paid the 500 million USD winnings from its own pocket or

2) They paid the 500 million winnings from money other players lost

Option 1) is not possible because they say they made 7 million USD profit, but if they paid the 500 million USD winnings from its own pocket they would have 493 million USD loss!

Therefore only option 2) is left and players losing 500 million USD at 1,5% house edge requires to wager 34 billion USD!

Winnings does not equal profit for players.

For example = If you make a $100 bet at even money odds and win, you will be paid $200.  This would count as $200 paid in winnings for them.

[mu_enrico]

Oops @TwitchySeal faster than me...

In the real world, if you want to pay 500 million USD winnings you need to have 500 million USD in your pocket!

Mwahahaha and that amount came from wagered money dumbass! For this demonstration, let's assume the house has no (0 BTC) balance as a starter, and a player bet 1 BTC with 2.0x payout twice.
- 1st roll, player lose, bet: 1 BTC, win: 0 BTC
- 2nd roll, player win, bet: 1 BTC, win: 2 BTC
- summary, total wagers: 2 BTC, total winnings: 2 BTC

They paid 2 BTC without any starting BTC in their pocket.

Again,

Projection: unconsciously taking unwanted emotions or traits you don’t like about yourself and attributing them to someone else

https://www.healthline.com/health/projection-psychology

[fullhdpixel]

Only way to calculate is to know how much people actually lost as well, because in reality 500 million won doesn't mean 500 million withdrawn, that is why we are calculating 500 million but also 507 million, in reality it could be 500 million won but also lost as well, someone who won a wagered on a bet could do another bet and lose that as well, that means if you win 100 bucks on a bet but then lose it next round that is zero profit to you while website could claim 100 dollars won.

34 billion looks ridiculous of course but at the same time think about how much has been mined so far, you can calculate the wagered amount there and see how much of house edge they are on right now and how much they are away because house edge is the average and doesn't have to happen on the spot. Calculating the mined bet tokens would be the easiest way to calculate how much wagers happened so far.

[game-protect]

@ extremely mentally ill and or brain dead

If EOSBet paid 500 million USD winnings, then there are only 2 options from where the money came:

1) They paid the 500 million USD winnings from its own pocket or

2) They paid the 500 million winnings from money other players lost

Option 1) is not possible because they say they made 7 million USD profit, but if they paid the 500 million USD winnings from its own pocket they would have 493 million USD loss!

Therefore only option 2) is left and players losing 500 million USD at 1,5% house edge requires to wager 34 billion USD!

Winnings does not equal profit for players.

For example = If you make a $100 bet at even money odds and win, you will be paid $200.  This would count as $200 paid in winnings for them.

Sure, in separate fantasy dream worlds without any connection to the reality, winnings are losses and losses are winnings!

But in the real world it is not!

If Person A) goes to a brick and mortar casino with 1,000 USD in its pocket and bet it on red and win and someone asks him much money he won, he will say that he won 1,000 USD and not 2,000 USD!

If the casino is asked how much winning they paid to Person A) it will answer 1,000 USD.

To say that the casino paid 2,000 USD winning is nonsense because the 1,000 USD bet is not a win and the casino lost only 1,000 USD.

But let us take your extremely mentally ill brain wash nonsense shit calculation:

1) Person A) enters a casino with 1,000 USD in its pocket, bets it on red and wins and receives 2,000 USD winnings

2) Then Person A) bets 1,000 USD on red and loses and receives nothing

3) Then Person A) bets 1,000 USD on red and wins and receives 2,000 USD winnings

4) Then Person A) bets 1,000 USD on red and loses and receives nothing

5) Then Person A) bets 1,000 USD on red and wins and receives 2,000 USD winnings

6) Then Person A) bets 1,000 USD on red and loses and receives nothing and leaves the casino without any win.

But according to your extremely mentally ill brain wash nonsense shit calculation without any connection to the reality, the casino paid 6,000 USD winnings to person A), even though he did not win one cent and the casino did not lose anything!

[TwitchySeal]

But according to your extremely mentally ill brain wash nonsense shit calculation without any connection to the reality, the casino paid 6,000 USD winnings to person A), even though he did not win one cent and the casino did not lose anything!

This is correct^^

It's fair to argue that calling them "winnings paid out" is misleading, but I'm telling you exactly what they mean when they say "almost $500m in winnings paid to players"

[game-protect]

In the real world, if you want to pay 500 million USD winnings you need to have 500 million USD in your pocket!

Mwahahaha and that amount came from wagered money dumbass!

Thank you for confirming that the 500 million USD must come from wagered money!

In the real world, if the house edge is 1,5%, players need to wager 34 billion USD to have 500 million USD in pocket to pay 500 million USD winnings!

[mu_enrico]

In the real world, if the house edge is 1,5%, players need to wager 34 billion USD to have 500 million USD in pocket to pay 500 million USD winnings!

Well if that's your idea of "winnings" in the casino, then no one can help you. A player might lose x BTC and win x BTC from x rolls, but ultimately what matter is the profit. These are different concepts.

Chatting with you is always entertaining @game-protect, especially when I need to kill a few brain cells.