[SOLVED] Betnomi | Project status & Refund Plan!

[holydarkness]

[...]
It will undergo a complete UI/UX redesign and rebrand, and further development work will be done before the official launch, which will take a few months. To summarize, it is not yet an active or a production website.

It is easy to type whatever you want and name call people with no reasoning or logic behind it. Again, if anyone wants to have a legitimate conversation or have questions about anything, I am happy to jump on a Twitter Space and clarify anything and everything.

It's better to discuss it in real time and prove your point if you have one.

Rebrand? As in the new name will not be basebet anymore? Why is that? And what about its license? It'll still have GC's sub-license?

As for the refund process, I am a bit confused. I thought you previously said that the amount to be refunded is small, were these small amount left on the platform consisted of so many users?

[...]
I will be personally covering the refunds from my own funds. We are exploring other options at this point, but every single user will be completely refunded in full. We would not have made an announcement about the refund unless we were positive we could get it done. Fortunately, the total balance of users on the platform is relatively small, so this is entirely doable.
[...]

[piebeyb]

There are some confusions and speculations ongoing regarding the refund and the status of our "New project."  As we have stated previously, all users will be 100% refunded. It is important to note that we are not simply refunding users the value of their assets at the time of the site's closing. The refund is being issued at the current market rate, about twice the original value since then. As anyone can imagine, this is a very difficult thing to do. If we were doing the rate at the time of the site closing, it would have been a straightforward process, and this issue would have been long closed if that were the case.

I'm sure your this reply was very needed to motivate the ones who thought that they might not receive the refunds. It's crucial to be active on this thread and share updates from time to time so the players or victims and this forum users can be assure that Betnomi is going to refund all those who were affected back then. It would be much better if you can share some of the refunds that you have sent or some of those players may come here and share their refunds with us so the others can be convinced that they will receive their money.

I suggest you to refund the players at that time's dollar rate instead of refunding them at current dates crypto-currency or Bitcoin rate and I'm sure the ones who get refund even at dollar rates won't mind. They simply want to get what they had on the platform and they don't really care that even Bitcoin went to $44k or anything else, I suggest you to refund them in dollar rate of that time.

Yes, actually this interaction and communication is also necessary for anyone who monitors the development of this thread regarding user refunds, sometimes there are still people who ask whether it has been distributed or not, it's important for the OP to come to clarify it so that there aren't too many doubts from the community too, maybe that's what What many people hope for is openness because there is still no one who claims to have received their money in full. because I'm not a victim so I also can't comment too excessively.

If we discuss the value of coins for users who have coins at that time, it should really be better to replace them with stable coins according to the price when the betnomi site was closed, but it all also comes back to the agreement between the users holding the coins, whether they will receive enough if they are paid with stable coins. USDT/USDC corresponds to the coin price at closing, sometimes it is not easy to reach that agreement so Betnomi may have difficulty with this problem, but I hope that this problem is also resolved soon and all users who feel disadvantaged can get their money back soon.

[Mahdirakib]

Scrolling down to the footer of the page tell us that they claimed to be under GC [365/JAZ is GC's master license] but I can't see their seal of validation. Maybe they're still in process of achieving the sub-license.

The dummy website is showing fake license information. The company 'BaseOnline N.V.' isn't registered under the Curacao gambling operator yet.

It is important to note that we are not simply refunding users the value of their assets at the time of the site's closing. The refund is being issued at the current market rate, about twice the original value since then.

Why are talking about the change of crypto price now? User had their funds in crypto on your casino. You are withholding the funds of the users for more than 7 months. You had to pay the user in the original value in USD if the crypto price went down, because you are unethically withholding their funds. On the other hand, you have to pay them in original crypto amount by ignoring the price change now. And the reason is same, you are unethically withholding the funds.

~ I will not let people casually throw around accusations with no basis. If ANYONE has any kind of proof or evidence that I (personally) or Betnomi as a company scammed anyone, I am happy to debate and discuss any such assertions via ~

Accusations with no basis! Well, it makes sense here. It was the fault of the victims to choose Betnomi to place bets with their money. They wouldn't get scammed and their funds wouldn't have been stuck for years if they avoided the 'legit casino Betnomi', isn’t it?

[Hispo]

Why hasn't a single person posted about their refund experience in this thread within this forum op since you clearly mentioned that some of them were refunded already(USDT/USDC)?

Also, even if you successfully regain the trust of most gamblers, you will definitely have a tough time with your new project since decentralised sites are rarely successful in the crypto world.

I thought exactly the same thing when I read Betnomi has alledgely refunded their funds to those gamblers who had balance in establecoins. It is kind of strange not a single person has decided to post proof of those refund here in the forum. Though, if we are reasonable, each person has the right to whether voluntarily or not to share their refund here, I could see some people simply taking the money and not commenting.
On the other hand, it would be helpful for the credibility of Betnomi and this process if they at least provided information of the transactions in the Blockchain for anyone here to verify what is actually going on.

By the way, even when decentralized casinos and services are not popular yet, that could change in a few years. I have personally found impressive what people is able to do on Telegram, even though it is not completely decentralized.

[iv4n]

It is easy to type whatever you want and name call people with no reasoning or logic behind it.

Was it easy for you to disappear with a player's funds, without any explanation, and then to come back after 6 months and think we should all act like nothing has happened? Where is the reasoning and logic behind your actions?

It's silly to announce new projects when many people wait for the refund for months... What are the chances of doing something similar with your next project?
You could have handled this situation much better, and instead of being transparent and open with your players, you chose to hide and attack anyone who criticized you.

[Haunebu]

Accusations with no basis! Well, it makes sense here. It was the fault of the victims to choose Betnomi to place bets with their money. They wouldn't get scammed and their funds wouldn't have been stuck for years if they avoided the 'legit casino Betnomi', isn’t it?

Lol! Well said. The dude is on some sort of trip since he actually feels that they don't deserve to be criticised in this manner after everything that they did in the last couple of months. Weird!

By the way, even when decentralized casinos and services are not popular yet, that could change in a few years. I have personally found impressive what people is able to do on Telegram, even though it is not completely decentralized.

It's possible. I was simply referring to their situation at present which does look pretty bleak all things considered.

[examplens]

Also, to be clear, some refunds have already been issued.

These can only be your words, we haven't seen a single user here who confirmed it. Until then, ^{for obvious reasons}, your word will not be taken.

Again, the delays are due to the fact that we are looking to do the refund at the current market rate, which is something very uncommon but the right thing to do.

Honestly, this excuse is BS

It is easy to type whatever you want and name call people with no reasoning or logic behind it. Again, if anyone wants to have a legitimate conversation or have questions about anything, I am happy to jump on a Twitter Space and clarify anything and everything.

It's better to discuss it in real time and prove your point if you have one.

We have a conversation here as well, but somehow you are absent from it and do not give concrete answers.

[ryzaadit]

-snip-

Or it's better to clean up this mess first before releasing your new project.

I mean, you still have a mess in here. Missing and not giving some update for people who are requesting refunded, and suddenly you are trying to create a new project/platform before finishing this problem first.

It's kinda bullshit for me, we don't care you are releasing new platform. Clean up these mess first, then move on the next you want do (new platform) or other things. No one is have been speak they're receive the money even the telegram you are restricted all message ~LOL.

[virasog]

There are some confusions and speculations ongoing regarding the refund and the status of our "New project."  As we have stated previously, all users will be 100% refunded. It is important to note that we are not simply refunding users the value of their assets at the time of the site's closing. The refund is being issued at the current market rate, about twice the original value since then. As anyone can imagine, this is a very difficult thing to do. If we were doing the rate at the time of the site closing, it would have been a straightforward process, and this issue would have been long closed if that were the case.

Also, to be clear, some refunds have already been issued. Users who had assets in stable coins (USDT/USDC) have already been issued a 100% refund. Again, the delays are due to the fact that we are looking to do the refund at the current market rate, which is something very uncommon but the right thing to do.

I understand your excuses point of view, but this is not how this works. If you had money to initiate a new project, i really fail to understand why can't you start refunding people. As per your claim, the refunding process already started but I did not find anyone here sharing that he has been refunded.

Also, don't take it personally to anyone, its everyone who is complaining here and not just one or two people, hope you understand the situation better.

The project "BaseBet" is a new project that I co-founded. <snip>
It will undergo a complete UI/UX redesign and rebrand, and further development work will be done before the official launch, which will take a few months. To summarize, it is not yet an active or a production website.

I will advise you to delay the launch of this project until you refund everyone and resolve this accusation against you. The reason is that if you put the BaseBet project Live, without settling the previous issues, you may find a big failure in your new project. No one will be willing to touch the new project, if they know the previous one was a scam.

[notblox1]

It is the same nonsense that eroded the reputation of Betnomi from day one. Even before the platform was launched, it was called a scam based on conjecture, and that will not be the case moving forward. Unless anyone can definitively prove some kind of wrongdoing, this has to end.

OK, but than you also have to provide proof about history of Betnomi and where did you go for months without a word.
We want to see all information about your partners and you need to explain why I and all other players received numerous phishing scam emails connected with Betnomi account only!
I think this is a fair offer, and since you say that you are public figure this wont be hard for you.
I cant wait to see report from you.

[holydarkness]

Scrolling down to the footer of the page tell us that they claimed to be under GC [365/JAZ is GC's master license] but I can't see their seal of validation. Maybe they're still in process of achieving the sub-license.

The dummy website is showing fake license information. The company 'BaseOnline N.V.' isn't registered under the Curacao gambling operator yet.

And that should raise a question on the purpose of that site. They'll have new brand, so the web address will likely changed to reflect the new name, they'll have new UI [complete redesign], basically everything will be new. And as the license is also not valid, then the site is clearly didn't serve a purpose of "showing" their license. So why bother having a "test site" that will be completely different from the one being launched in the future? What to test? Unless the one being tested is cryptocommunity's reaction?

I believe it's a legit question to be asked, betnomi?

[ultrloa]

It is the same nonsense that eroded the reputation of Betnomi from day one. Even before the platform was launched, it was called a scam based on conjecture, and that will not be the case moving forward. Unless anyone can definitively prove some kind of wrongdoing, this has to end.

OK, but than you also have to provide proof about history of Betnomi and where did you go for months without a word.
We want to see all information about your partners and you need to explain why I and all other players received numerous phishing scam emails connected with Betnomi account only!
I think this is a fair offer, and since you say that you are public figure this wont be hard for you.
I cant wait to see report from you.

If they could just pay their obligation to people for sure there will be no question ask regarding on their plans or they are just trying to do phising scam to those people still hoping to get a refund. Posting like that is not really help since to many doubts will rise since people might doubt their intention about posting such word here.

If they don't talk or execute those refunds much better for people to ignore what they release so that they can stay away to get compromised for second time again since its hard to get stress for something that hard to recover.

But still lets see if there's still hope for people to get this refund from them.

[1miau]

The project "BaseBet" is a new project that I co-founded. It will be operating with our existing Casino software and with some upgrades to make it a true web3 platform with a smart contract interface where user funds will be non-custodial and completely under the users' control. That being said, what we have now is a demo, a "test net" of the platform. It is not operational, it does not accept any deposits, nor is any real money gameplay allowed. It is purely for demo and testing purposes as of now.

I believe the best start for your new "basebet" project, would be to address and send out all submitted refunds first and as fast as possible considering the delay already, to address any questions related to Betnomi first, to make damaged customers roughly whole, come forward with an explanation why Betnomi went down like that and why that should be different for your new project (I remember for Betnomi, it was promised as well that NOW, issues will be solved but in realily, issues got worse step by step).
I don't want to sound pessimistic but we have February already, weeks of silence about any refund status, no positive news of refunds yet but out of nowhere, a new site with very similar layout like Betnomi is presented. I can understand when people here are not amused about it.

Why hasn't a single person posted about their refund experience in this thread within this forum op since you clearly mentioned that some of them were refunded already(USDT/USDC)?

I'm curious as well but surprisingly Betnomi hasn't had any gamblers from Bitcointalk gambling with USDT / USDC stablecoins. 

[GekkeBelg]

Sorsis told me personally in Telegram he would start refunding "right now", and he told this on Feb 7th (have not chatted after that though).
He said I would have to wait up until 5 weeks because my amount is larger than most.
I don't believe it until I see it, so since February 7th is now 2,5 weeks ago can ANYONE please report if they have received any payment yet?

It looks like this Basebet.io is a serious project so they cannot afford to have this non-payment situation hanging above it I would think.

[AHOYBRAUSE]

Sorsis told me personally in Telegram he would start refunding "right now", and he told this on Feb 7th (have not chatted after that though).
He said I would have to wait up until 5 weeks because my amount is larger than most.
I don't believe it until I see it, so since February 7th is now 2,5 weeks ago can ANYONE please report if they have received any payment yet?

It looks like this Basebet.io is a serious project so they cannot afford to have this non-payment situation hanging above it I would think.

I just checked and to no surprise I can confirm that my wallet I gave betnomi is still empty, as expected unfortunately.
The amount is rather small and if they really process the small ones first it should be coming anytime soon (??) .

Anyway, I still have serious doubts this will happen. For me the biggest fail of the whole refund plan is the question, what about other people outside of this forum? DO other people know about this "plan" and if so, how were they informed?

In my eyes it's ridiculous to start a new project while giving empty promises about refunds for the old one. The new site will be hammered with bad reviews if they don't do what needs to be done first.

[Taskford]

Sorsis told me personally in Telegram he would start refunding "right now", and he told this on Feb 7th (have not chatted after that though).
He said I would have to wait up until 5 weeks because my amount is larger than most.
I don't believe it until I see it, so since February 7th is now 2,5 weeks ago can ANYONE please report if they have received any payment yet?

It looks like this Basebet.io is a serious project so they cannot afford to have this non-payment situation hanging above it I would think.

I just checked and to no surprise I can confirm that my wallet I gave betnomi is still empty, as expected unfortunately.
The amount is rather small and if they really process the small ones first it should be coming anytime soon (??) .

Anyway, I still have serious doubts this will happen. For me the biggest fail of the whole refund plan is the question, what about other people outside of this forum? DO other people know about this "plan" and if so, how were they informed?

In my eyes it's ridiculous to start a new project while giving empty promises about refunds for the old one. The new site will be hammered with bad reviews if they don't do what needs to be done first.

Easy for them to claim that they start anytime soon but the question how soon it is? is there any near timeline confirm or at least there are people confirming yet they already got a refund? If no people saying that they got their money back from betnomi then I guess we should not get hype easily on such announcement and hope that they start at least on small deposit since if they are for real they start to refund their old costumers at whatever amount those people have in their wallets.

For sure no one will pay attention on their new project created if they are not done on their refund plans since they will just receive a lot of criticism for launching it without processing what they owe from their old costumers.

[betnomi]

We have completed the refund process for the final set of withdrawal requests. Out of these, two have been denied due to fraud (account was previously banned). Three of them have been forwarded to the risk management team of our odds feeds and game providers. Apart from these five instances, all other refunds have been 100% completed.

We will process or deny the remaining cases based on the results of the review conducted by the third-party risk management team.

It was never our plan to stop Betnomi as it was going amazing before pause but it was my duty to make sure everyone was made whole.

Thank you all for your patience.

[bislom]

@Betnomi
Fucking scammer, you are a fraudster and a liar.

I warned everybody in the beginning already about this scamsite, but many DT members got paid to defend this scam project because its their only source of income.
Everybody who got scammed, you should listen when people write something serious.

[MegaAkker]

We have completed the refund process for the final set of withdrawal requests. Out of these, two have been denied due to fraud (account was previously banned). Three of them have been forwarded to the risk management team of our odds feeds and game providers. Apart from these five instances, all other refunds have been 100% completed.

We will process or deny the remaining cases based on the results of the review conducted by the third-party risk management team.

It was never our plan to stop Betnomi as it was going amazing before pause but it was my duty to make sure everyone was made whole.

Thank you all for your patience.

Good to hear this finally......if it's true at least.

So, since it has been claimed that all (apart from some frauds) refunds have been completed, can the people on here that were owed confirm if they finally received their refund indeed?

[holydarkness]

We have completed the refund process for the final set of withdrawal requests. Out of these, two have been denied due to fraud (account was previously banned). Three of them have been forwarded to the risk management team of our odds feeds and game providers. Apart from these five instances, all other refunds have been 100% completed.

We will process or deny the remaining cases based on the results of the review conducted by the third-party risk management team.

It was never our plan to stop Betnomi as it was going amazing before pause but it was my duty to make sure everyone was made whole.

Thank you all for your patience.

GekkeBelg and AHOYBRAUSE, do you mind to do us a favor and confirm this? Check your refund wallet and see if your funds on betnomi have been returned? As the claim above said it's the final set and it's completed, I believe even if yours are in the last of the list, they should be processed by now.