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[CryptoCheckk]

Seems like you will be negative all the time, hes clearly helping you out with the information you requested. If you had just spend 5 mins on the website you could find all this information. Its not USD, its token that's being bet with, hes referring to dappradars dollar amounts tracking.

He's just here to fud without doing actual research. For every new person here, please DYOR and see for yourself everything checks out.

You can bet in EOS and BTC. On Dappradar (independent website) you can see the wagered amount per day and per week. They also for convenience show the USD value of that point in time. In other words the 3.6M spoken of above was wagered in EOS, which happen to be a total of 651.9k EOS that equaled 3.6M USD at that time.

Where is the accounting / proof / documentation that 3.6 MIL USD was wagered on EOSbet within 24 hours?

lol, does he know blockchain at all? Everyone can verify this on the blockchain. That's also where dappradar get the info from.

As far as I understood, you are short in money and that is why you take investments.

Again no proof at all. He is just here to fud. When you check this everything checks out just fine. That's the whole reason why blockchain is here to be fully accountable. That's why EOSBet is fully on-chain, not like many other casinos out there.

seems like today will be the same!

Yeah we broke the 10k today 

[1714998663]

1714998663

[game-protect]

Seems like you will be negative all the time, hes clearly helping you out with the information you requested. If you had just spend 5 mins on the website you could find all this information. Its not USD, its token that's being bet with, hes referring to dappradars dollar amounts tracking.

The deceiving part is that EOS tokens are wagered and he said 3.6 MIL USD are wagered!

What is the difference?

EOSbet can create EOS tokens and bet millions daily, but they can not create USD and bet millions USD daily!

[dappminer]

Seems like you will be negative all the time, hes clearly helping you out with the information you requested. If you had just spend 5 mins on the website you could find all this information. Its not USD, its token that's being bet with, hes referring to dappradars dollar amounts tracking.

The deceiving part is that EOS tokens are wagered and he said 3.6 MIL USD are wagered!

What is the difference?

EOSbet can create EOS tokens and bet millions daily, but they can not create USD and bet millions USD daily!

Man you are so stupid...Do some homework before you want to fud.
That USD value varies all the time, depends one how much EOS worths.
If EOS doubles, the display of the paid USD value will also be doubled.
Same goes for their BTC dividends.

And it is possible to check the results where they are paying dividends in live time. Just google "block viewer EOS", you will find many.
And enter their account betdividends, then you will see.
If you think the transactions in this account can be faked, you can check any accounts in block viewer in that poped up on their page.
If you think the pop up accounts are faked, you can go to their telegram and ask the 10k Users there if it is a fake.
If this isnt working, you can go to EOS community chat in telegram to ask.

There are so many ways to verify their credibility, but none of them will satisfiy you, because you are a typical paid fudster.

[dappminer]

Seems like you will be negative all the time, hes clearly helping you out with the information you requested. If you had just spend 5 mins on the website you could find all this information. Its not USD, its token that's being bet with, hes referring to dappradars dollar amounts tracking.

The deceiving part is that EOS tokens are wagered and he said 3.6 MIL USD are wagered!

What is the difference?

EOSbet can create EOS tokens and bet millions daily, but they can not create USD and bet millions USD daily!

Sometimes I am impressed that bitcointalk is such a liberal and free space, account with -4000+ should be banned.

[game-protect]

Seems like you will be negative all the time, hes clearly helping you out with the information you requested. If you had just spend 5 mins on the website you could find all this information. Its not USD, its token that's being bet with, hes referring to dappradars dollar amounts tracking.

The deceiving part is that EOS tokens are wagered and he said 3.6 MIL USD are wagered!

What is the difference?

EOSbet can create EOS tokens and bet millions daily, but they can not create USD and bet millions USD daily!

Sometimes I am impressed that bitcointalk is such a liberal and free space, account with -4000+ should be banned.

What does -4000 mean? -4000 is nothing, I already had -8000!

Why should -4000 get banned?

[mu_enrico]

Wow, recent dividends pay really well. So from the discussion, I assume we could verify every tx here https://bloks.io/account/eosbetcasino then USD value fluctuates because of COINS/USD price, anything else?

[EOSBETFREJ]

People bet with BTC or EOS never been about the USD amount attached to BTC or EOS
We believe in crypto.

[game-protect]

People bet with BTC or EOS never been about the USD amount attached to BTC or EOS
We believe in crypto.

Who creates the EOSbet tokens?

Is the exchange of EOSbet tokens to USD guaranteed?

If yes, who determines the exchange rate?

[CryptoCheckk]

People bet with BTC or EOS never been about the USD amount attached to BTC or EOS
We believe in crypto.

Who creates the EOSbet tokens?

Is the exchange of EOSbet tokens to USD guaranteed?

If yes, who determines the exchange rate?

Why you keep talking about EOSBet tokens? You don't play with EOSBet tokens, you play with EOS and BTC. However, most volume comes from EOS. They can't create EOS like you claim they can. Also every players account is in full control of it themselves as it's an EOS account of which the player only has the private key.

EOSBet token (BET) is not listed yet, so for the market value of BET tokens is not established yet. However the wagers in their casino made in EOS (again not in control of EOSBet but of the EOS holder) do have market value as you can see on Coinmarketcap as EOS is ranked about 5 or 6th below Bitcoin. So at point of saying something X mount is wagered in USD it means the crypto (EOS) value wagered had a equivalent value of USD said at that point.

[hopenotlate]

Why you keep talking about EOSBet tokens? You don't play with EOSBet tokens, you play with EOS and BTC. However, most volume comes from EOS. They can't create EOS like you claim they can. Also every players account is in full control of it themselves as it's an EOS account of which the player only has the private key.

EOSBet token (BET) is not listed yet, so for the market value of BET tokens is not established yet. However the wagers in their casino made in EOS (again not in control of EOSBet but of the EOS holder) do have market value as you can see on Coinmarketcap as EOS is ranked about 5 or 6th below Bitcoin. So at point of saying something X mount is wagered in USD it means the crypto (EOS) value wagered had a equivalent value of USD said at that point.

Just ignore game-protect : if you make a little research on their profile here you will find out they are spamming every gambling thread in desperate attempt of chasing people clicking on their affiliate link.
they clearly have no clue on how the eosbet project works and also didn't make any single effort on their own to educate theirself on how it works: they just post here hoping someone click on their signature.

Their trust rating says it all.

[game-protect]

People bet with BTC or EOS never been about the USD amount attached to BTC or EOS
We believe in crypto.

Who creates the EOSbet tokens?

Is the exchange of EOSbet tokens to USD guaranteed?

If yes, who determines the exchange rate?

Why you keep talking about EOSBet tokens? You don't play with EOSBet tokens, you play with EOS and BTC. However, most volume comes from EOS. They can't create EOS like you claim they can. Also every players account is in full control of it themselves as it's an EOS account of which the player only has the private key.

I did not claim they can create EOS, I claimed they can create EOSBet tokens as much as they like and I thought players bet with EOSBet tokens. But that is now clarified.

EOSBet token (BET) is not listed yet, so for the market value of BET tokens is not established yet.

What is the function of the EOSBet token?

However the wagers in their casino made in EOS (again not in control of EOSBet but of the EOS holder) do have market value as you can see on Coinmarketcap as EOS is ranked about 5 or 6th below Bitcoin.

The casino can not steal bets or account balances?

How does investment work?

[CryptoCheckk]

People bet with BTC or EOS never been about the USD amount attached to BTC or EOS
We believe in crypto.

Who creates the EOSbet tokens?

Is the exchange of EOSbet tokens to USD guaranteed?

If yes, who determines the exchange rate?

Why you keep talking about EOSBet tokens? You don't play with EOSBet tokens, you play with EOS and BTC. However, most volume comes from EOS. They can't create EOS like you claim they can. Also every players account is in full control of it themselves as it's an EOS account of which the player only has the private key.

I did not claim they can create EOS, I claimed they can create EOSBet tokens as much as they like and I thought players bet with EOSBet tokens. But that is now clarified.

EOSBet token (BET) is not listed yet, so for the market value of BET tokens is not established yet.

What is the function of the EOSBet token?

However the wagers in their casino made in EOS (again not in control of EOSBet but of the EOS holder) do have market value as you can see on Coinmarketcap as EOS is ranked about 5 or 6th below Bitcoin.

The casino can not steal bets or account balances?

How does investment work?

Again do some own research and all info can be found already. But specially for you:

function of EOSBet token? Receive profit share

Casino can not steal bbets or account balances? No they can't, you play directly from your own EOS wallet of which only you hold the private key. It's the same like when you trade on a decentralized exchange (Peer to peer transaction), they also don't hold your funds like a centralized exchange. So there is no deposit needed. Therefore EOSBet never holds your funds.

How does investment work? You don't. They never was an ICO. All they did was setup a casino. You can gamble normal like any other casino (but provably fair as they are open source, are fully on-chain, even 3rd party statistical analysis have been done), but on top of the normal win or losses you get, you also get X amount of BET tokens when you play. Those BET tokens will entitle you to participate in all profit sharing. Profit sharing is 80% of revenue as 20% is used by EOSBet for operating costs. So actually they did not setup an investment proces at all. They only reward early adapters of their casino with BET tokens. However some people just play for the BET tokens and see it as an investment, they are not actually gamblers, but fundamentally it's only an extra rewards for a player playing games.

Hope this clears things up for you more.

[Johnzky]

What i love about the EOSbet is the dividends i can get by just letting my tokens sits on their site and instead of betting i just follow the site and wait until how large i can get for dividends and maybe will consider playing soon.as i am in rest of gambling because of some health issue and as what my doctor told me though it will not take long that i can do the same thing i didin fpast

Why you keep talking about EOSBet tokens? You don't play with EOSBet tokens, you play with EOS and BTC. However, most volume comes from EOS. They can't create EOS like you claim they can. Also every players account is in full control of it themselves as it's an EOS account of which the player only has the private key.

EOSBet token (BET) is not listed yet, so for the market value of BET tokens is not established yet. However the wagers in their casino made in EOS (again not in control of EOSBet but of the EOS holder) do have market value as you can see on Coinmarketcap as EOS is ranked about 5 or 6th below Bitcoin. So at point of saying something X mount is wagered in USD it means the crypto (EOS) value wagered had a equivalent value of USD said at that point.

Just ignore game-protect : if you make a little research on their profile here you will find out they are spamming every gambling thread in desperate attempt of chasing people clicking on their affiliate link.
they clearly have no clue on how the eosbet project works and also didn't make any single effort on their own to educate theirself on how it works: they just post here hoping someone click on their signature.

Their trust rating says it all.

Indeed as i am seeing that account in every gambling discussion or topic and spreading negative to other sites.while the truth is Negative lies on his trust rating lol 😂

[game-protect]

Again do some own research and all info can be found already.

If you go to the Game Protect website, it is explained with a few sentences what we are offering and how it works.

Every operator should be able to explain his offer with a few sentences, otherwise he likely has something to hide and try to deceive potential customers!

But specially for you:

function of EOSBet token? Receive profit share

You meant receive rakeback. Because if you have to gamble against a house edge and will lose money longterm, then you receive rakeback if the casino is willing to give a part of the house edge back.

Opposed to this, a dividend is if a person invests a certain amount (gambing is not investing) to an operation and participates in the winnings or losses in form of dividends.

Casino can not steal bets or account balances? No they can't, you play directly from your own EOS wallet of which only you hold the private key. It's the same like when you trade on a decentralized exchange (Peer to peer transaction), they also don't hold your funds like a centralized exchange. So there is no deposit needed. Therefore EOSBet never holds your funds.

In my opinion a good feature, though 99% of players do not care! Play with CONSUMER PROTECTION SERVICE inclusive?

How does investment work? You don't. They never was an ICO.

That is the deceiving part as they speak about dividend! But dividends are connected to investments while there is no investment option.

From a juridical point of view, EOSBet commits the criminal offense of fraud by false representation!

 

All they did was setup a casino. You can gamble normal like any other casino (but provably fair as they are open source, are fully on-chain, even 3rd party statistical analysis have been done), but on top of the normal win or losses you get, you also get X amount of BET tokens when you play.

This is called rakeback.

Though as far as I understood, at the moment you can not sell BET tokens?

Those BET tokens will entitle you to participate in all profit sharing.

I understood that those BET tokens are the rakeback plasyers receive, now you say they entitle to participate in all profit sharing?

How does the entitlement of the profit sharing work?

Profit sharing is 80% of revenue as 20% is used by EOSBet for operating costs.

In other words, EOSBet offer 80% rakeback. Though as long as you can not sell BET tokens, it is a misleading claim!

So actually they did not setup an investment proces at all.

Exactly, there is no investment option while they speak about dividends and dividends are paid out to investors!

They only reward early adapters of their casino with BET tokens.

The BET token feature will be removed later?

However some people just play for the BET tokens and see it as an investment, they are not actually gamblers, but fundamentally it's only an extra rewards for a player playing games.

You have to be extremely mentally disturbed to see a negative EV gambling as an investment!

[upsidedown75]

While the number of bets increased eosbet has to ask themselves, is this going to be sustainable or will it be less in the future when people can't get that much dividends ? I mean right now people are wagering a lot and they are trying to lose as little as possible while wagering as much as possible to get those BET tokens but when the bet tokens are harder to get (or even finished and only could be bought from an exchange) will people continue to play ? Is the reason people play here so much caused by chance of getting BET tokens or is it because people really do want to play here ? If you could do that math between yourselves and can actually come up with a solution that will help you go beyond that BET token deal than I am sure you guys will rival the top for good.

[CryptoCheckk]

While the number of bets increased eosbet has to ask themselves, is this going to be sustainable or will it be less in the future when people can't get that much dividends ? I mean right now people are wagering a lot and they are trying to lose as little as possible while wagering as much as possible to get those BET tokens but when the bet tokens are harder to get (or even finished and only could be bought from an exchange) will people continue to play ? Is the reason people play here so much caused by chance of getting BET tokens or is it because people really do want to play here ? If you could do that math between yourselves and can actually come up with a solution that will help you go beyond that BET token deal than I am sure you guys will rival the top for good.

I thought about this myself as well (of course). I think they do have something to offer next to BET tokens that will earn you some of the house edge for life. As there will only be 88M tokens (max supply), they will run out when every token is distributed through playing. From that day on they will have be a matured online casino that has enough actual gamblers to keep playing without getting any BET tokens.

I do think they will be able to achieve this. My reasons are:

1. Provably fair: They are the only open source casino I know of that are fully on-chain. This is a huge benefit for players that want to be 100% sure the casino is not scamming them. EOSBet is the only casino where players can verify this.

2. Licensed: They're one of the few licensed casino in the crypto space. This allows them to go public, show up on events, blockchain/gaming conferences and be recognized by other companies and build relationships that can turn into partnerships. In fact they already are publicly speaking and marketing EOSBet on multiple blockchain and gaming conferences.

3. I believe the EOSBet DEV team is more than capable than creating good and fun games, with a good UI. No I don't believe they will win over every online gambler in the world, but at least a big part of it be a self sustaining casino.

As reason 1 and 2 are pretty much facts, reason 3 is more of a personal believe I have, which only time will tell if this is true.

[game-protect]

When you bet with BET tokens, can you win EOS or can you only win BET tokens?

[EOSBETFREJ]

You cant bet with BET tokens

[CryptoCheckk]

You cant bet with BET tokens

I would not even want to bet with BET tokens hehe, rather keep them and collect extra EOS/BTC from the house edge with it

[Pamadar]

You cant bet with BET tokens

I would not even want to bet with BET tokens hehe, rather keep them and collect extra EOS/BTC from the house edge with it

Smart move, and when the BET begin to be listed in any exchange buying and storing it inside your wallet to keep accumulating more EOS and BTC rewards coming from the dividend shares, that's how things will work for me treating things as a passive investment venue.