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[FinneysTrueVision]

It's a choice there's nothing wrong with it while I keep moving my tokens to the most profitable places farming on betfury continues to drop by only 178%
Staking is for locked tokens what I get when I play games if the period is over maybe I'll move it too.

178% is still incredibly good APR. There is nothing in centralized finance that could compete with those kinds of returns. In theory a $100 investment could make you a millionaire in less than a decade if you compounded every day. The reality is that those high percentages aren't sustainable due to the limited supply of BFG but this is still a great investment opportunity for the brief period that we are able to do farming.

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[UserU]

It's a choice there's nothing wrong with it while I keep moving my tokens to the most profitable places farming on betfury continues to drop by only 178%
Staking is for locked tokens what I get when I play games if the period is over maybe I'll move it too.

178% is still incredibly good APR. There is nothing in centralized finance that could compete with those kinds of returns. In theory a $100 investment could make you a millionaire in less than a decade if you compounded every day. The reality is that those high percentages aren't sustainable due to the limited supply of BFG but this is still a great investment opportunity for the brief period that we are able to do farming.

Agree, even 5% is considered long shot already :p

But those apply to safe investments that are insured like FD, 401K

[babygun]

I thought this farming feature will last for months. But maybe, betfury is testing how farming feature will perform on their platform.
And it is not good to compound your BFG tokens for just only few days of farming because the gas fee you will incur may be higher than the amount of BFG (in $) you will compound.

I also thought that when they are planning to launch the farming, I thought it will become a permanent feature but we will see after the farming or when it reaches the target block if they still going to continue, it's better that they ask in a poll if they want a continuation of the farming, there's also a  significant drop in the APR  I got out there earlier and prefer to stake my coin, I am accumulating Binance in stake for gas fees for some tokens I'm trading.

Same here, I thought the farming was a permanent feature but I only discovered afterwards that it would only last one month. I went into livechat and there are currently no plans to extend it but if it would be popular enough, they might redo it. I only put 10% of my tokens in the farming. When the on-site farming stops, I am thinking to move it to Biswap.

[sana54210]

Betfury has to remember that the reason why they are standing still and even why BFG has ANY value at all is the fact that BFG is tied to casino, if there is nobody gambling then they are going to end up not caring about BFG as well. This is just a simple thing that we should be focusing on, get the gambling marketing a lot higher.

You have a good point if the number of people playing started to diminish the staking rewards will go down and the value as well, they should focus on marketing the gambling feature, the farming and staking are all, but like what you posted BFG is foremost a gambling site and people should join here because they like playing not.
they are targetting both investors and gamblers and they can win both if they have proper marketing, maybe another round of marketing will do like a bounty campaign.

That is what I have said for a month now, but for some reason they do not care. I understand that BFG being listed is a brand new thing and that is why marketing is focused on that right now, that is understandable and I can accept that. But all those gambling, all those casino games, all those boxes, everything like that needs to be seen as something that we all come here for.

If we are coming here for BFG and not the casino then the casino will be gone, and BFG will become worthless as well. The path to make BFG very valuable is to make it actually worth it that much, how do you make it actually have a worth? You end up giving more and more dividends, well how do you pay high dividends if you are not going to have any gamblers? And how are you going to have a lot of gamblers if not for marketing? These are all very simple concepts that nobody seems to care, I see not so great future here if they do not start the marketing for casino again.

[LUCKMCFLY]

Betfury has to remember that the reason why they are standing still and even why BFG has ANY value at all is the fact that BFG is tied to casino, if there is nobody gambling then they are going to end up not caring about BFG as well. This is just a simple thing that we should be focusing on, get the gambling marketing a lot higher.

You have a good point if the number of people playing started to diminish the staking rewards will go down and the value as well, they should focus on marketing the gambling feature, the farming and staking are all, but like what you posted BFG is foremost a gambling site and people should join here because they like playing not.
they are targetting both investors and gamblers and they can win both if they have proper marketing, maybe another round of marketing will do like a bounty campaign.

That is what I have said for a month now, but for some reason they do not care. I understand that BFG being listed is a brand new thing and that is why marketing is focused on that right now, that is understandable and I can accept that. But all those gambling, all those casino games, all those boxes, everything like that needs to be seen as something that we all come here for.

If we are coming here for BFG and not the casino then the casino will be gone, and BFG will become worthless as well. The path to make BFG very valuable is to make it actually worth it that much, how do you make it actually have a worth? You end up giving more and more dividends, well how do you pay high dividends if you are not going to have any gamblers? And how are you going to have a lot of gamblers if not for marketing? These are all very simple concepts that nobody seems to care, I see not so great future here if they do not start the marketing for casino again.

I have been very aware now of BETFURY promotions, and of course they have promotions that are excellent, in fact I recently read this information that I share:

Online casinos and slots websites have always used tempting promotions and bonuses to lure new players in. This tactic is important now more than ever after the new UK gambling advertising regulation that is affecting online casino marketing came into force. Therefore, you should try to make the most out of the situation and profit from these promotions whenever possible.

Slots websites usually offer a number of free spins or bonus money upon registration, which you can use on their best games and withdraw the amount you have won after you have wagered it a couple of times. Moreover, some websites offer no deposit bonuses, which give you a specified amount of cash in bonus funds that you can use to start betting on the website. Both of these are great strategies to employ in order to increase your chances of winning at slot games.

Source: https://www.geekgirlauthority.com/where-do-slot-games-stand-in-terms-of-luck-vs-skill/

If we take into account that promotions help a site to get up, we also put in context that Betfury is entering a very large speculative market, the fact that BFG enters the market is something very big, obviously many things can happen, too I think that players will have the option to trade their BFGs by being able to exchange them as well as multiply them, but many are waiting if this will attract more players? The advertising campaigns do also have their impact, the reason for being a casino cannot be avoided, what happens is that Betfury has grown so much that it is difficult for many to define what they want to do, if multiply BFG? Or agriculture, and if they enter an exchange like Binance I think they will reach the top very quickly.

[dezoel]

I thought this farming feature will last for months. But maybe, betfury is testing how farming feature will perform on their platform.
And it is not good to compound your BFG tokens for just only few days of farming because the gas fee you will incur may be higher than the amount of BFG (in $) you will compound.

I also thought that when they are planning to launch the farming, I thought it will become a permanent feature but we will see after the farming or when it reaches the target block if they still going to continue, it's better that they ask in a poll if they want a continuation of the farming, there's also a  significant drop in the APR  I got out there earlier and prefer to stake my coin, I am accumulating Binance in stake for gas fees for some tokens I'm trading.

I would assume that it would become permanent, it is rare to see a farming start and then stop that way. We should be estimating the current situation to go on for a while longer, maybe not forever because let's be honest "forever" is a lot, in 90 years do you really see betfury still standing? Still farmed? Still growing bigger? I am pretty sure most of the major companies in the world right now like coca cola, tesla and amazon will not be around in 90 years, or not be as big as they are right now, let alone betfury.

It means that it was never truly a "forever" thing, it was just a "for now" thing, and if this goes on for another 2-3 years that is more than enough for any crypto to grow and have a room, after that it is either gone or it is already established itself as something great, the market gets to decide which one it will become in the future.

[o48o]

What bothers me now is the end game for their tokenomics and lack of economic game theory. It seems like they didn't ever have decent plan, they were only interested in liquidity and how to rise it artificially. Original token use case will go down the toilet when you can make more bfg by farming and not gambling.

There would have been many elegant solutions but i am not wasting any more time with this one, it was all gamble anyway (pun intented). I just hope that there will be a new site with better plan. Hopefully this works out for you guys.

[babygun]

What bothers me now is the end game for their tokenomics and lack of economic game theory. It seems like they didn't ever have decent plan, they were only interested in liquidity and how to rise it artificially. Original token use case will go down the toilet when you can make more bfg by farming and not gambling.

There would have been many elegant solutions but i am not wasting any more time with this one, it was all gamble anyway (pun intented). I just hope that there will be a new site with better plan. Hopefully this works out for you guys.

I don't fully agree with you. The last couple of months, they made significant improves and updates to their site and they always seem to have a plan. I guess with the farming, they wanted to test it out also to see the popularity. There is also a harvest fee (3%) that will be burned to keep the tokens valuable. Personally, I don't see any reasons to stop playing on the site.

[FinneysTrueVision]

That is what I have said for a month now, but for some reason they do not care. I understand that BFG being listed is a brand new thing and that is why marketing is focused on that right now, that is understandable and I can accept that. But all those gambling, all those casino games, all those boxes, everything like that needs to be seen as something that we all come here for.

If we are coming here for BFG and not the casino then the casino will be gone, and BFG will become worthless as well. The path to make BFG very valuable is to make it actually worth it that much, how do you make it actually have a worth? You end up giving more and more dividends, well how do you pay high dividends if you are not going to have any gamblers? And how are you going to have a lot of gamblers if not for marketing? These are all very simple concepts that nobody seems to care, I see not so great future here if they do not start the marketing for casino again.

Having the farm might be a good way to introduce DeFi people to gambling. If you go to Las Vegas casinos will offer all kinds of things that are not related to gambling to attract new people. They have concerts, boxing, UFC. They do not have to limit themselves just to gambling. As long as they are getting visitors all of them are potential gamblers.

[AmoreJaz]

What bothers me now is the end game for their tokenomics and lack of economic game theory. It seems like they didn't ever have decent plan, they were only interested in liquidity and how to rise it artificially. Original token use case will go down the toilet when you can make more bfg by farming and not gambling.

There would have been many elegant solutions but i am not wasting any more time with this one, it was all gamble anyway (pun intented). I just hope that there will be a new site with better plan. Hopefully this works out for you guys.

I don't fully agree with you. The last couple of months, they made significant improves and updates to their site and they always seem to have a plan. I guess with the farming, they wanted to test it out also to see the popularity. There is also a harvest fee (3%) that will be burned to keep the tokens valuable. Personally, I don't see any reasons to stop playing on the site.

same here. from what i've seen here in betfury, they really execute their plans or even surprise their players. remember, their gaming license and sportsbetting? we were not aware that they can make it happen early as they haven't announced it beforehand. i don't think it is fair to say that they have no decent plans here. we don't know what's happening behind those facade. tbh, they are one of the most active casinos when it comes to offering new features/services. but at the end of the day, it is up to the player if he still want to play or not. totally up to you if you want to stay or not.

[Bttzed03]

What bothers me now is the end game for their tokenomics and lack of economic game theory. It seems like they didn't ever have decent plan, they were only interested in liquidity and how to rise it artificially. Original token use case will go down the toilet when you can make more bfg by farming and not gambling.

Highlighted part might have been missed because more emphasis was given on didn't have a decent plan. Although I had some of my tokens staked there to generate more BFG, I voted no to the in-house staking program partly because of this reason.

About the plan, I think setting up an expiry for the staking was a good choice. It's like inviting these new users to transfer their tokens to their in-game balance if they want to earn dividends once it's over. They can be exposed to mining and gambling. I don't know if that's going to work though because Betfury is still providing liquidity to BiSwap.

[UserU]

same here. from what i've seen here in betfury, they really execute their plans or even surprise their players. remember, their gaming license and sportsbetting? we were not aware that they can make it happen early as they haven't announced it beforehand. i don't think it is fair to say that they have no decent plans here. we don't know what's happening behind those facade. tbh, they are one of the most active casinos when it comes to offering new features/services. but at the end of the day, it is up to the player if he still want to play or not. totally up to you if you want to stay or not.

True. The tokens have always been a bonus from the start, and not to be treated as a main source of income. At least there's some way to make use of them, such as the voting rights and liquidity pool rather than just leaving them there for dividends.

Also suggestions and feedback could always be relayed to the team and they can consider implementing the changes if need be. For instance, more tokens mean higher dust amounts one could claim from the free boxes.

On another site which I won't mention, the use case of the tokens are mainly to increase rakeback, earn more free spins as well as the compounded interest but they have to be purchased. No staking or liquidity pool for now but that might change in the future once they deploy on the new blockchain.

[delfastTions]

What bothers me now is the end game for their tokenomics and lack of economic game theory. It seems like they didn't ever have decent plan, they were only interested in liquidity and how to rise it artificially. Original token use case will go down the toilet when you can make more bfg by farming and not gambling.

There would have been many elegant solutions but i am not wasting any more time with this one, it was all gamble anyway (pun intented). I just hope that there will be a new site with better plan. Hopefully this works out for you guys.

I agree with o48o.
Indeed, this was the original use of the token on the gaming site.  And here the right thing would be to maintain a balance between use in games and farming.  Devs, of course, need to calculate the balance of farming because players and people generally like it when their deposit increases (even if just a little).  This gives an incentive to look at the score more often and, accordingly, more often go to the site and play, since you have already entered ...

[iv4n]

What bothers me now is the end game for their tokenomics and lack of economic game theory. It seems like they didn't ever have decent plan, they were only interested in liquidity and how to rise it artificially. Original token use case will go down the toilet when you can make more bfg by farming and not gambling.

There would have been many elegant solutions but i am not wasting any more time with this one, it was all gamble anyway (pun intented). I just hope that there will be a new site with better plan. Hopefully this works out for you guys.

I agree with o48o.
Indeed, this was the original use of the token on the gaming site.  And here the right thing would be to maintain a balance between use in games and farming.  Devs, of course, need to calculate the balance of farming because players and people generally like it when their deposit increases (even if just a little).  This gives an incentive to look at the score more often and, accordingly, more often go to the site and play, since you have already entered ...

It was a gamble from the start, and we were getting something extra from that gambling/wagering! Now BFG is a token for itself, it can be used for different things, staking for coins, or farming more BFG, or simply you can gamble with them! The ones who are farming it can't stake, and vice-versa... I don't farm, so I am not sure, do we need to lock tokens for some specific period, that would exclude gambling with them, while you can combine staking and gambling! Anyone can choose the best option, in order to make more BFG, but I don't think it will stop people from gambling further on a site, after all, some of us like to gamble, and now we have more options for BFG's we have!

o480 I would like to hear about "elegant solutions"? What do you think they should do? Do you think that casino itself will suffer for choosing this way?

[CryptoNika]

people, don't overestimate the effect of the pool. it's just 25 million new BFG tokens which means it's speeding up the mining around 4 to 5 days only.

[Fredomago]

That is what I have said for a month now, but for some reason they do not care. I understand that BFG being listed is a brand new thing and that is why marketing is focused on that right now, that is understandable and I can accept that. But all those gambling, all those casino games, all those boxes, everything like that needs to be seen as something that we all come here for.

If we are coming here for BFG and not the casino then the casino will be gone, and BFG will become worthless as well. The path to make BFG very valuable is to make it actually worth it that much, how do you make it actually have a worth? You end up giving more and more dividends, well how do you pay high dividends if you are not going to have any gamblers? And how are you going to have a lot of gamblers if not for marketing? These are all very simple concepts that nobody seems to care, I see not so great future here if they do not start the marketing for casino again.

Having the farm might be a good way to introduce DeFi people to gambling. If you go to Las Vegas casinos will offer all kinds of things that are not related to gambling to attract new people. They have concerts, boxing, UFC. They do not have to limit themselves just to gambling. As long as they are getting visitors all of them are potential gamblers.

Exactly! as long as they'll get potential gamblers to visit their place, those events can attract people and from that interest
they also consider as possible players after the said events are done.

The marketing team needs not to stop in finding more ways to drive gamblers to visit and use the platforms.

More players means more dividends to produce and from that for sure there are more happy stakers..

[BetFury.io]

​🔥BETFURY OLYMPIC GAMES🔥
                💲15O OOO
   3 weeks: from 21.07 to 11.08

https://betfury.io/news/olympic-games



🏆Thematic Weekly Battles
     $7 000 in BTC & special branded NFT

🏆Daily Olympic In-House Battles
     $1 500 prize pool every day

🏆Festive Profit Boxes
     Multiply your BNB, ETH, TRX

🏆Olympic Spin
     Catch the main reward - 3 BTC

Let's light the Olympic flame!

[babygun]

​🔥BETFURY OLYMPIC GAMES🔥
                💲15O OOO
   3 weeks: from 21.07 to 11.08

https://betfury.io/news/olympic-games



🏆Thematic Weekly Battles
     $7 000 in BTC & special branded NFT

🏆Daily Olympic In-House Battles
     $1 500 prize pool every day

🏆Festive Profit Boxes
     Multiply your BNB, ETH, TRX

🏆Olympic Spin
     Catch the main reward - 3 BTC

Let's light the Olympic flame!

Thanks for the new promotion, it was a while ago since the last one  . If you guys want to have a 100% box (0.01 BNB), you need to hurry up as there are only 152 boxes left.
I have placed some more bets (casino and sports) in order to obtain some olympic spins.

[tygeade]

It's a choice there's nothing wrong with it while I keep moving my tokens to the most profitable places farming on betfury continues to drop by only 178%
Staking is for locked tokens what I get when I play games if the period is over maybe I'll move it too.

178% is still incredibly good APR. There is nothing in centralized finance that could compete with those kinds of returns. In theory a $100 investment could make you a millionaire in less than a decade if you compounded every day. The reality is that those high percentages aren't sustainable due to the limited supply of BFG but this is still a great investment opportunity for the brief period that we are able to do farming.

That doesn't really say much. Sure there is nothing in the fiat world that can give you that much return, but will you really get that? I mean in fiat terms, will you really get it? Let alone fiat terms, will you even get that in crypto terms? The % could change to 10% or to 10000% depending on someone putting in a lot of money or taking out a lot of money, there is no guarantee that you will get that much return on tokens in a year, it is just what its estimating for today, that's it, there is no way it will stay like that for a long time. Think about all the price movements as well, check out how much it was when it first started and afterwards and you will see the volatility.

On top of that why would I compare it to some banks savings account interest rate when I can check all those other farmings on both BSC and ERC20 which has more returns? So it is not really that simple to say "wow its 178%!!!" and get in.

[LUCKMCFLY]

​🔥BETFURY OLYMPIC GAMES🔥
                💲15O OOO
   3 weeks: from 21.07 to 11.08

https://betfury.io/news/olympic-games



🏆Thematic Weekly Battles
     $7 000 in BTC & special branded NFT

🏆Daily Olympic In-House Battles
     $1 500 prize pool every day

🏆Festive Profit Boxes
     Multiply your BNB, ETH, TRX

🏆Olympic Spin
     Catch the main reward - 3 BTC

Let's light the Olympic flame!

This is a great promotion and a very good strategy, at least for me the Olympic games are too important and I don't care about the schedules, I always see them, this time many bettors will undoubtedly play. I have not been able to be in the battles of betfury because I have had many electrical power failures, I hope that now when these games come I can enjoy this promotion, many casinos are launching their promotions and they are really striking, I think the competition to attract more players to the platforms are somewhat exceptional, worthy of this high-end casinos.