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

[CryptoCheckk]

Well as long as they keep building and improving I think its still worth holding on to see what the future bring us. I actually don't care so much about the BET price, I only want dividends to increase over time. Of course I know there is a correlation between the 2.

[josephdd1]

Well as long as they keep building and improving I think its still worth holding on to see what the future bring us. I actually don't care so much about the BET price, I only want dividends to increase over time. Of course I know there is a correlation between the 2.

Just to expand on this very briefly, this passive income stream in the form of dividends is a massive bonus if you think about it. Other than acquiring some initial tokens at the start you don't need to do anything, just rely on the team and the rest of the project management people to do their jobs and in the end this will reflect in your account balance. Nice

[o48o]

Well as long as they keep building and improving I think its still worth holding on to see what the future bring us. I actually don't care so much about the BET price, I only want dividends to increase over time. Of course I know there is a correlation between the 2.

Sure, but that's the thing, we don't have a clue if the dividends are going to rise or is this project going to die away, or if the devs decide to walk away or if the regulations will shut this down. This is literally a bet when you are placing your buy orders because the sell wall is not ever guaranteed.

[jostorres]

Well as long as they keep building and improving I think its still worth holding on to see what the future bring us. I actually don't care so much about the BET price, I only want dividends to increase over time. Of course I know there is a correlation between the 2.

Sure, but that's the thing, we don't have a clue if the dividends are going to rise or is this project going to die away, or if the devs decide to walk away or if the regulations will shut this down. This is literally a bet when you are placing your buy orders because the sell wall is not ever guaranteed.

The problem is not the fact that we don't know if dividends will be higher or lower, with the addition of buying bet token instead of being forced to gamble for it already happened which could very well may have been the hardest thing for this website and its already gone, so we can look at the past month and still talk about that for the dividends.

The problem for me is the fact that team is capable of doing whatever the hell they want without any problem and that means maybe one day they can even close the website down and we will have nothing to do about it. Don't get me wrong, it would be idiotic to close a website where they make thousands of dollars every month, however the ability to posses such power just disturbs me, it is not truly decentralized until that power is gone totally.

[plast555]

There is nothing wrong with moving to other chains because as a business they should concentrate on reducing the operating cost and provide better user experience right now all EOS dapps are facing issues with the EOS main net with many rollbacks and lags (I do hold 40% in EOS). Everyone forgets that crazy mining happened in all dapps during the initial days which drove the dividend payout and the price of EOS was also above $5 or $6 mark at that time so they are pointing out the cumulative payout in dollars.

The problem wasn't changing from eos to something else, the problem was this website is called "decentralized" and everything is transparent but when it comes to making decisions about the casino part they are doing it without asking anyone and they can literally close down the website if they ever want to and you would have no power over it.

They changed the blockchain to something else, were you or me capable of doing anything about it? Did they asked us about it? No, they are planning on a new game, do we have a say in which game they should add, or even add any at all? No. Basically the system in the bet token blockchain where you would get dividends automatically is decentralized and I love that part however I quit because the website is not decentralized at all.

I completely agree that they could have been put forward all those issues they are facing with the EOS and asked for the community opinion on the same. But this doesn't make it a bad casino as some of them are calling. I hope the Earnbet team will hear these and value the community suggestions going forward at least for some if not for all of them. The thing I like about the team is they are very active, innovative, continuously improving the site with features and other performance stuffs along with adaptive changes

[EarnBet]

Leaderboard update, FINAL DAY for 1.5 BTC 🔥🔥
A very close, 3 way race for first place and a 0.7 and 20,000 BET token prize!

jaeseong in the lead with 1.46M points, and smilesks with 1.35M points and shortly behind. Our week long first place holder, aigo has fallen to third, but still with a massive 1.08M points!

Who is going to win this leaderboard and take home the 0.7 BTC prize? One of these three bettors, or will be see a dark horse in the final 24 HOURS to win the pot?

Come play now at EarnBet.io !

[EarnBet]

[sockpuppet1911]

Can we see in somewhere that how much did they wager in order to get on the top? Points are not telling anything to me about the wagered amount?

[CrystalTX]

Since my last comment.  I checked this out.  It's kinda cool.  I like their idea.  I like a few things about it actually.
Quick question, Do you guys think the current BET token price is a steal?  I've just been crunching some numbers on it.  It is listed on Binance.org 👌

[EarnBet]

Sock : For every $1 you wager, you will receive 1 point on the leaderboard. The bettor with the most points will win the top prize, with prizes given to our top 15 bettors!

[FanEagle]

Well you can actually make a case for yourself on estimating how much it is and how much you could potentially make with it all being public information. Right now the price is around 3 cents per bet token, that means when you buy 10 thousand bet tokens you would have to spend 300 dollars (or even a slight bit less). Now, checking on earnbet itself on the website it says under "excepted dividend per 10k bet per week" is around 1.56 dollars.

It means if you make a 300 dollar investment you will recoup it (if everything goes exactly the same) in 192 weeks, or a bit over 3.5 years. After all of this, its your decision to say if you think that is a good investment or not, if you think the dividends will go up or down in the future, all of it is your own preference.

[game-protect]

The First Player-Owned Casino

Please show the ownership contracts between players and EarnShit?

[CrystalTX]

I see what you guys mean about the dividends.  I was thinking more about the max supply of BET and burn program they got running.  I was thinking buy now at this low.  Wait for them to burn some more, see the price rise especially if they get more users.  Could be good for 10x pump no problem.  That's what I was thinking.  I need to look some more at the platform again. 

[mu_enrico]

Actually, I think marketing should pivot a little. The games offered are pretty good, but the devs need to lower its HE since the token no longer attracts "investors" to bet. In my opinion, no one wants to collect a WAX token (or a token that needs three years to ROI).

It would be best to treat the BET as the side selling point, not the main one.

I'm pretty surprised that game-protect is still here tho, It shows perseverance

[rexxarofmoknathal]

412 million wagered and 406 million paid out.

Does that mean there is a house edge of around 1.5%?

Do you have any statistics how much has been paid out to investors out of the $6 million earned by the house? e.g. any blog posts or news articles on the subject?

[EarnBet]

Yes there's a story from when we reached 4 mil usd that reached viral status try search on google 4mil earnbet.

[EarnBet]

LEADERBOARD PAYMENTS COMPLETE!

Congrats to our winners of 1.5 BTC and 50,000 BET tokens! We had a really intense race for our leaderboard, especially in the final days / hours. Can't wait to run another promotion, there is another coming soon, hopefully next week!

Have an amazing weekend EarnBettors!

[CryptoCheckk]

I see what you guys mean about the dividends.  I was thinking more about the max supply of BET and burn program they got running.  I was thinking buy now at this low.  Wait for them to burn some more, see the price rise especially if they get more users.  Could be good for 10x pump no problem.  That's what I was thinking.  I need to look some more at the platform again.  

This might help you: https://blog.earnbet.io/en/earnbet-dividends-permanent-buyback-program

Explains the whole dividends and buyback/burn program including some chart flows to visualize the process.

412 million wagered and 406 million paid out.

Does that mean there is a house edge of around 1.5%?

Do you have any statistics how much has been paid out to investors out of the $6 million earned by the house? e.g. any blog posts or news articles on the subject?

Yes, every house edge is stated on the website per game: https://earnbet.io

[RealMalatesta]

Another issue where Earnbet made a decision by themselves without asking anyone. I have talked about this before and I have always supported the idea that a decentralized casino should be in fact a decentralized one, not just in finances but the decision making process as well.

I would like explain that I am not against this one, the more competitions that goes around in earnbet, the more money we could possibly get so I am definitely in favor of competitions, but I was once again not asked about it and the earnbet team themselves sees it fit that they want to do this competition and did it, without any approval from anyone at all. That is why I feel like maybe this place is getting a bit out of hand and that is why I have discontent with it since the finances are shared but the management is not.

[EarnBet]

A bet holder showing 5 days dividends