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Author Topic: Invest in the bankroll - BetKing.io - Bitcoin weekly wager contest  (Read 1892 times)
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BetKing.io (OP)
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March 10, 2019, 01:06:50 PM
Last edit: October 22, 2023, 02:04:04 PM by BetKing.io
 #1



We just launched our new platform and token on https://betking.io.
 
We created a new token on the EOS blockchain named BetKingToken (BKT) which allows holders to get huge discounts on any platform fees including trading and investment commission.
 
It also allows holders to get a share of the sites profit.
  
Some of the new features include:
  
Daily Leaderboard
Every day the top 10 players with the most points will win BKT instantly credited to their account.
 
Daily buybacks
Every day we take all the profit we made in investment commission and trade fees and use these funds to buy back BKT directly on our exchange.
All tokens bought are burned at the end of the week
 
Airdrop
We reserved 30% of BKT to airdrop to EOS holders. If you had EOS in your own EOS account on 14th of February you may have received some BKT.
 
Crowdfunded bankroll
We allow anyone to invest in our bankrolls for the following currencies: Bitcoin, EOS, Ethereum, Litecoin.
Investors can get 50% discount on commission fees if paid with the new BKT token.
All BKT used to pay fees are burned.
 
Exchange
We have a new updated exchange where you can trade BTC and BKT with low fees.
 
Affiliate
All referrals now get a flat 10% of the house edge credited instantly to their account
 
BKB holders
BKB holders can trade their tokens to BKT at a rate of 20 BKT for each BKB. Visit https://betking.io/token to swap.
 
Come play and earn at https://betking.io





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Reply with quote  #2

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March 10, 2019, 01:11:16 PM
 #2

BKT token is already trading somewhere? If yes, on what exchanges?

BetKing.io (OP)
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March 10, 2019, 01:14:29 PM
 #3

BKT token is already trading somewhere? If yes, on what exchanges?

Yes. It's on our own exchange but also on newdex.io and chaince.com

We will be listed on more exchanges soon.
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March 10, 2019, 01:27:53 PM
 #4





We just launched our new platform and token on https://betking.io.
 
We created a new token on the EOS blockchain named BetKingToken (BKT) which allows holders to get huge discounts on any platform fees including trading and investment commission.
 
It also allows holders to get a share of the sites profit.
 
You can find out more on our latest blog post https://medium.com/@BetKingIO/betking-weekly-update-buybacks-and-bkt-burn-9f4ac5f3cbd6
 
Some of the new features include:
 
Bet Mining
Players get rewarded for every bet no matter what currency. For every $1 bet on our games you will receive 100 BKT instantly to your account.
 
Hourly Leaderboard
Every hour the top 10 players with the most points will win BKT instantly credited to their account.
 
Hourly buybacks
Every hour we take all the profit we made in investment commission and trade fees and use these funds to buy back BKT directly on our exchange.
All tokens bought are burned at the end of the week
 
Airdrop
We reserved 30% of BKT to airdrop to EOS holders. If you had EOS in your own EOS account on 14th of February you may have received some BKT.
 
Crowdfunded bankroll
We allow anyone to invest in our bankrolls for the following currencies: Bitcoin, EOS, Ethereum, Litecoin.
Investors can get 50% discount on commission fees if paid with the new BKT token.
All BKT used to pay fees are burned.
 
Exchange
We have a new updated exchange where you can trade BTC, EOS, ETH, LTC and BKT with low fees.
 
Affiliate
All referrals now get a flat 10% of the house edge credited instantly to their account
 
BKB holders
BKB holders can trade their tokens to BKT at a rate of 20 BKT for each BKB. Visit https://betking.io/token to swap.
 
Come play and earn at https://betking.io





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Nice to see betting site's now coming out with their own token, and even better is the fact that those token's are already listed on exchange. In that way player gamble with the tokens and at the same time hodle for more profits.
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March 10, 2019, 02:31:11 PM
 #5

Quote
Trouble logging in? Old accounts were only imported if they had a balance.

Does it mean that I cant access my old account? I just wanna check what is new here, but I cant login with my old account. Is it OK to create a new account with the same username as my old account?

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March 10, 2019, 02:47:29 PM
 #6

Quote
Trouble logging in? Old accounts were only imported if they had a balance.

Does it mean that I cant access my old account? I just wanna check what is new here, but I cant login with my old account. Is it OK to create a new account with the same username as my old account?
I guess so, I also had an old account but couldn't login so I ended up making a new one with my old username. I don't see any problem in creating a new account with the same user you've used from the old site unless it's already taken by someone else.  

Nice to see betting site's now coming out with their own token, and even better is the fact that those token's are already listed on exchange. In that way player gamble with the tokens and at the same time hodle for more profits.
Why do you have to quote the first post? The only good use for these coins if you're investing on the house.

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BetKing.io (OP)
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March 10, 2019, 03:12:39 PM
 #7

Quote
Trouble logging in? Old accounts were only imported if they had a balance.

Does it mean that I cant access my old account? I just wanna check what is new here, but I cant login with my old account. Is it OK to create a new account with the same username as my old account?

You can create a new account no problem.
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March 10, 2019, 03:14:04 PM
 #8

The only good use for these coins if you're investing on the house.

There are actually other uses. Not only do bankroll investors get 50% discount on commission if paid with BKT (meaning total commission is only 25%) you can use them to pay trade fees and withdrawal fees.

But you can also sell them on our exchange in the hourly buybacks where we use ALL the casino and exchange profit we earn to buy tokens.
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March 10, 2019, 03:46:47 PM
 #9

I can't login to my old account. Is it possible to recover it or do i need to create a new one? I heard that there was an airdrop for Betking token. How was it distributed? Airdropped to existing users or some other competitions? I guess I missed updates about it on this board. Its good to see that you have integrated exchange and casino on the same platform. When would be the new games available?

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March 10, 2019, 04:08:29 PM
 #10

I can't login to my old account
If you have balance in your old account, you can log in with the account, but if it's no balance, then you can register a new account, I see that in the login page. There is a notification in a small text. It says "Old accounts were only imported if they had a balance."
I am wondering what my login and password are because I tried to log in, it says login failed  Grin
By the way, I am interested in the investment section.

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March 10, 2019, 04:10:42 PM
 #11

Candidly speaking i can now have my full time on BetKing.io. My old account will be re-activated to explore the website, this will be my most favorite place to place my soccer bet. Kudos to all the team efforts in actualizing this great achievement. Hope that the bonus are for all players both new and old?.

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March 10, 2019, 04:16:12 PM
 #12

I can't login to my old account. Is it possible to recover it or do i need to create a new one? I heard that there was an airdrop for Betking token. How was it distributed? Airdropped to existing users or some other competitions? I guess I missed updates about it on this board. Its good to see that you have integrated exchange and casino on the same platform. When would be the new games available?

You can create a new account.

If you had EOS in your own EOS account on the 14th of Feb you should have received BKT directly to your EOS account.
If you had BKB you can swap it for BKT at a rate of 20:1.


I can't login to my old account
If you have balance in your old account, you can log in with the account, but if it's no balance, then you can register a new account, I see that in the login page. There is a notification in a small text. It says "Old accounts were only imported if they had a balance."
I am wondering what my login and password are because I tried to log in, it says login failed  Grin
By the way, I am interested in the investment section.

You can create a new account too no problem.
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March 10, 2019, 05:20:52 PM
Last edit: March 10, 2019, 05:54:51 PM by rdbase
 #13

This is a revision of their website with the use of tokens and bet mining.
I would think they got the idea from tron and the tronbet site where their tokens are given in the form of ante and they call it mining where they have their sites own exchange.
It is quite successful since they dont need the use to run an ico using this sort of business model.

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March 10, 2019, 05:48:58 PM
 #14

Interesting. I was a former Betking user, but I saw that things were moving onto the new platform and my old account's gone. Dice was good and your sportsbook was actually very decent, while it lasted.

My only issue was that my sportsbook bonuses were never awarded, despite opening support tickets and waiting several months. No biggie for me in the end, but I would be concerned if you're relaunching a more complex system (with this bet mining) and if you're still not able to handle support requests - I expect more people will have more questions with the token buy back. My advice as a well-wisher would be to ensure a past repeat doesn't happen. I do see that you're hiring a community manager so that's a right step. Good luck! Betking was (is) a good brand and it's good for everyone to see it do well.

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March 10, 2019, 06:55:08 PM
 #15

BKT token is already trading somewhere? If yes, on what exchanges?

Yes. It's on our own exchange but also on newdex.io and chaince.com

We will be listed on more exchanges soon.
Thanks for your answer and good luck with project, it seems really good.

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March 11, 2019, 02:27:10 AM
 #16

Does that Bet Mining feature involves in Gambler's computers being used?
Or is something else making those profits for everyone?

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March 11, 2019, 02:28:35 AM
 #17

Does that Bet Mining feature involves in Gambler's computers being used?
Or is something else making those profits for everyone?

I think you  just earn/mine BKT by placing bets in Eos/LTC/BTC/Eth I believe it is 100 BKT for ever 1$ wagered.
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March 11, 2019, 03:20:04 AM
 #18

Does that Bet Mining feature involves in Gambler's computers being used?
Or is something else making those profits for everyone?
They are basing this on what other casinos are doing with their mining methods.
Where the player for the number of bets they do will receive the token then the longer it is held the more it accumulates.
So the more you hold in your casino wallet the more of the ante you will receive.
The higher it goes the more bets are done on the site. And they is usually a countdown of when the payout for the mining will be done.
Atleast this is how it works on those casino sites.

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March 11, 2019, 04:44:33 AM
 #19

Does that Bet Mining feature involves in Gambler's computers being used?
Or is something else making those profits for everyone?
They are basing this on what other casinos are doing with their mining methods.
Where the player for the number of bets they do will receive the token then the longer it is held the more it accumulates.
So the more you hold in your casino wallet the more of the ante you will receive.
The higher it goes the more bets are done on the site. And they is usually a countdown of when the payout for the mining will be done.
Atleast this is how it works on those casino sites.

That's not how it works on BetKing.io

For every $1 you bet (in any currency) you receive 100 BKT credited to your account.
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March 11, 2019, 06:32:15 AM
 #20

Does that Bet Mining feature involves in Gambler's computers being used?
Or is something else making those profits for everyone?

This kind of mining is not the same technical process as in Bitcoin or most other cryptocurrencies. Here, mining has nothing to do with securing the network or verifying transactions on the blockchain, they are simply a way to release tokens from a fixed supply into circulation.

Commonly used by projects that want to slowly release tokens (mine new ones) by completing activity on their product (trading, and in this case, gambling). It started with exchanges, as far as I know.

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