Invest in the bankroll - BetKing.io - Bitcoin weekly wager contest

[Haunebu]

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.

Interesting. Thanks for the concise explanation. Was not really aware of this form of mining before. Always used to assume that there was a single meaning and nothing else.

I can understand why these sites are adopting this strategy these days since holding an ICO is more riskier at present.

[BetKing.io]

We just burned 5.5 million BKT in this weeks burn event.

You can read all the details and stats here

https://medium.com/@BetKingIO/betking-weekly-update-exchange-listing-and-token-burn-event-ba774e44f3e2

Summary

37,632,794 / 3,000,000,000 mined from bet mining

4,593,600 / 2,000,000,000 awarded from leaderboard promo

675,476,101 / 3,000,000,000 airdropped

317,512,654 / 1,000,000,000 swapped for BKB

1,000,000,000 reserved for team.

5,844,548 burned.

Meaning a total of 1,041,059,697 BKT are in circulation, around 10.4% of the total supply.

Join our Telegram group to discuss latest news regarding BetKing and BKT t.me/betking_io

Play and earn now at https://betking.io

[SyGambler]

haven't been up to date with betking news since you removed the sportsbook , glad to see some updates going on ( hopefully for the good of site )

is there any future plans for the site ? what about sportsbetting and poker ? is there any chance you might bring them back in the future or you aren't planning for that ?

[BetKing.io]

haven't been up to date with betking news since you removed the sportsbook , glad to see some updates going on ( hopefully for the good of site )

is there any future plans for the site ? what about sportsbetting and poker ? is there any chance you might bring them back in the future or you aren't planning for that ?

Poker and sportsbook cost us a LOT of money last year and we can't add those back without having a huge amount of traffic and liquidity unfortunately.
We will be adding other games back though as well as new ones.

We also started providing a service for other sites to setup their own casinos where we provide and host the software.
If anyone here is interested in that email support@betking.io
We trialled the service with a few sites in this forum that had good feedback and now ready to open to others.

[BetKing.io]

We just launched a new Bounty program. Get BKT rewards for sharing and supporting BetKing.io

Earn rewards for forum and blog posts. Tweets and social media posts and shares as well as inviting friends.

Learn more at https://betking.io/bounties

[salsa321]

wooww nice,good luck to you captain 

[acarlstein]

Really cool project.
Joined a few days ago and was impressed with the how smooth everyting goes. Can't wait for the other games and in the meantime, winning a few bucks

Check it out!
https://imgur.com/a/mbGpMcm

[BetKing.io]

Really cool project.
Joined a few days ago and was impressed with the how smooth everyting goes. Can't wait for the other games and in the meantime, winning a few bucks

Check it out!

Thanks!

We will add more games very soon

[rdbase]

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.

Okay. Thanks for clearing this up as this is a low amount so to receive the tokens provided to play I will give it a try.
I had an account along time ago and bet there only twice but lost my account cause I havent used it since. Will register for a new account to give your new site with these features a try.

[Bitinity]

Poker didn't cost you a lot of money , you just had insane rewards in the weekly leaderboards so you were giving away more than what the site is raking
with that money offered you could easily had smaller freerolls that would attract new players , and these players ( even they are freerollers ) they can make the site and chat way more active ( this will attract real players )

and I'm sure you can figure out a way to have sportsbetting without losing a lot of money , there are tons of sites around and they are all making profit

Great points, I played there as well when there were so great poker promos. I have to admit that what the promotion they offered on the poker game was the highest amount I've ever experienced. Too bad, it did not give positive result for the ring games. The traffic was stuck, most players were playing for the promotions only because it was something +EV for players. Probably it was a wrong type of promotion on a poker game that I have ever seen so far, although I like it so much as I could earn some money at that time.
I haven't tried their sporstbook, but it is surprising to see the fact that it made them lose a lot of money. How was it possible? Was there something wrong as well on how they manage the sportsbook?

[BetKing.io]

All bounties (that were eligible) have been credited.

Join the bounty program at https://betking.io/bounties and earn BKT for supporting the site.

[Haunebu]

All bounties (that were eligible) have been credited.

Join the bounty program at https://betking.io/bounties and earn BKT for supporting the site.

Just checked out the link that you provided and everything was easy to understand, but I would like to know if all the rewards are only a 1-time deal?

Also, are the BKT tokens actively being traded in some exchange currently?

[BetKing.io]

All bounties (that were eligible) have been credited.

Join the bounty program at https://betking.io/bounties and earn BKT for supporting the site.

Just checked out the link that you provided and everything was easy to understand, but I would like to know if all the rewards are only a 1-time deal?

Also, are the BKT tokens actively being traded in some exchange currently?

Hi
You can all the different tasks once per day (some you can do more often if we put out multiple tweets in one day for example).

BKT is traded on our exchange on https://betking.io, newdex and chaince

[JapansTwister]

does dice bot work here?

[jamyr]

does dice bot work here?

I have not tried it yet but it used to work fantastic with dicebot.
I just noticed that instead of BKT, dicebot still list the currency as BKB.

Some information in the FAQ needs a polish to be a better self-serve option. And maybe another theme aside from the classic red and black.

edit:

[jamyr]

Having the roll result along side the target would make it much user friendly.
Instead of having to click on the bet link to find it.



like here:



Also, on the provably fair tab as I was going in the process of verifying my results I have stumbled upon an oddity(for me),

I clicked generate new which automatically changed the server seed(hashed), reset the nonce back to zero BUT retained my previous client seed.

[JapansTwister]

won big at this place and payed out instantly. I will be back

[BillyBurns]

won big at this place and payed out instantly. I will be back

strategy at this casino is low bet but high multi its been killing them.

[JapansTwister]

won big at this place and payed out instantly. I will be back

strategy at this casino is low bet but high multi its been killing them.

it does seem like that highroller page has quite a few 9900X payouts probably all same guy wonder how much he is up

[indralit]

big Po is good if know the stategy 99.9xx can out after 12k+ roll, i use seunji bot its work for all curency except bkt.