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Author Topic: BetKing.io - 20% Rakeback Christmas Bonus - Most trusted Bitcoin Dice site  (Read 172468 times)
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DarkDays
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December 14, 2015, 05:43:24 PM
 #1181

Quote
I hope this help clarify things better. The rake bonus is from the the amount of the house edge for every wagered btc so the 14.5 % rake bonus actually only comes from the house edge amount . If you read once again from Dean explanation then you will probably understand it better.

i understand - what I am trying to explain is this sentence

Quote
If you wager 1000 you will get 1.45 Bitcoin in bonuses which is almost 15% rake back.

which is incorect

If you wager 1000 you will get 1.45 Bitcoin in bonuses which is almost 0,15% betback

is the correct version

also this is wrong

Quote
It's actually 7% as you're not thinking of the edge

it should be 0,2%

You are saying "betback", he is saying "rakeback".  .15% backback = 15% rakeback because the rake (another way of saying 'house edge') is 1%.  Math!

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......Play......
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BetKing.io
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December 14, 2015, 07:42:14 PM
 #1182

Festive Bonus:
For the whole of December every player at https://BetKing.io will be upgraded to Gold VIP level!

Every bet you make will get you massive rake back bonus. Check out https://BetKing.io/vip for more details

This is for all existing and any new accounts.

Good luck

so I need to wager 33,3 Bitcoin to get 0.025 ? That is not really a "massive rake back bonus". It is 0,07%.

It's actually 7% as you're not thinking of the edge.
That's only for that specific prize.

If you wager 1000 you will get 1.45 Bitcoin in bonuses which is almost 15% rake back.
If you were going to play anywhere anyway then why would you not choose a site that gives you money back?

To be fair, one of your competitors has a standard weekly rakeback promo where 1000BTC wagered gets back 2.4BTC.  Also that site is also on your (new) network.  If you want to be tops in the industry, you should offer 25%+.

I'm aware of their promo and it is actually a little different. First off you need to wager x amount within 1 week over there. At BetKing there is no time limit, your VIP points never expire and with this promo you are Gold for the rest of the month so you can take the whole month to wager 1000 if you like. There's no race style promo on BetKing.io. Even if you wager far less you will still have those points moving in to new year for you to spend any time.

Also, I cancelled my partnership with MoneyPot, it was announced last week in this thread and theirs. The deal would not have been good for me or my existing investors.

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December 14, 2015, 08:08:35 PM
 #1183

[quote author=BetKing.io link=topic=910134.msg13248149#msg13248149

Also, I cancelled my partnership with MoneyPot, it was announced last week in this thread and theirs. The deal would not have been good for me or my existing investors.

[/quote]

and you did not know this before hand? we knew it you didn't?

anyway you did a wise decision

best of luck

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December 14, 2015, 08:28:26 PM
 #1184

[quote author=BetKing.io link=topic=910134.msg13248149#msg13248149

Also, I cancelled my partnership with MoneyPot, it was announced last week in this thread and theirs. The deal would not have been good for me or my existing investors.


and you did not know this before hand? we knew it you didn't?

anyway you did a wise decision

best of luck
[/quote]

You wouldn't have known what I had planned and how the company would have worked.
However, yes, after a lot of discussion it was evident that I was bringing more to the table with little benefit.

As mentioned a long time ago though, Bet King will provide a similar service in the future so stay tuned.



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December 14, 2015, 08:35:04 PM
 #1185

[quote author=BetKing.io link=topic=910134.msg13248149#msg13248149

Also, I cancelled my partnership with MoneyPot, it was announced last week in this thread and theirs. The deal would not have been good for me or my existing investors.


and you did not know this before hand? we knew it you didn't?

anyway you did a wise decision

best of luck

You wouldn't have known what I had planned and how the company would have worked.
However, yes, after a lot of discussion it was evident that I was bringing more to the table with little benefit.

As mentioned a long time ago though, Bet King will provide a similar service in the future so stay tuned.

[/quote]

really very eager to see the start of your version Smiley

and "similar" is not enough it must be better

best of luck


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December 15, 2015, 08:38:13 AM
 #1186

At BetKing there is no time limit, your VIP points never expire and with this promo you are Gold for the rest of the month
so this will last only for a month and users will be back to bronze then ? could be better if it was forever though.

Also, I cancelled my partnership with MoneyPot, it was announced last week in this thread and theirs. The deal would not have been good for me or my existing investors.
This is some caring towards investors and it's also nice for your casino cause the independent identity is always respected and valued.
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December 15, 2015, 11:27:15 AM
 #1187

At BetKing there is no time limit, your VIP points never expire and with this promo you are Gold for the rest of the month
so this will last only for a month and users will be back to bronze then ? could be better if it was forever though.

Promo doesnt mean to be last forever and if it last forever then there is no point to make a different percentage of rakeback as well as tier anymore. Those who wagered often and more then the others deserve to get more and that is normal
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December 16, 2015, 02:59:11 PM
 #1188

Festive Bonus:
For the whole of December every player at https://BetKing.io will be upgraded to Gold VIP level!

Every bet you make will get you massive rake back bonus. Check out https://BetKing.io/vip for more details

This is for all existing and any new accounts.

Good luck

Note that you will still in Gold or Silver in January if you meet the normal wager requirements for December.
Your vip points do not expire and can be traded for Bitcoin at any time.

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December 17, 2015, 12:43:58 AM
 #1189

Started a new blog on BetKing.io/blog

First post covers the rebranding of PRC, VIP bonus promo, affiliate program and future plans.

https://betking.io/blog/2015/12/16/This-Week-In-Bet-King-1

Each week I'll do a recap of changes, news and promos.

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December 17, 2015, 06:10:54 PM
 #1190

Thinking of adding a faucet back on the site.

Any interest in this?

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December 17, 2015, 08:30:34 PM
 #1191

Giving away free Bitcoin.
Check this thread for details on how to claim https://bitcointalk.org/index.php?topic=1293224
gl

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December 17, 2015, 09:13:20 PM
 #1192

Thinking of adding a faucet back on the site.

Any interest in this?

Having faucet on the site is always a good idea, just make sure you have well organised leveling so that you can prevent faucet abusers
that will give you nothing but spam bets and negative profits.

Are payouts automatic or manually processed now btw ?

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December 17, 2015, 10:11:56 PM
 #1193

Thinking of adding a faucet back on the site.

Any interest in this?

Having faucet on the site is always a good idea, just make sure you have well organised leveling so that you can prevent faucet abusers
that will give you nothing but spam bets and negative profits.

Are payouts automatic or manually processed now btw ?



Yeah I would need to prevent faucet abuse.

Payouts have been automatic for over a year and a half Smiley

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December 19, 2015, 03:05:59 AM
 #1194

Should have a brand new game for you to play this weeken, Poker Flips Smiley

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December 19, 2015, 03:12:01 AM
 #1195

Should have a brand new game for you to play this weeken, Poker Flips Smiley


woaaw this game seems to be intererested, since i never see the game like this.
and is this game is player vs player only? if not how much the house edge willbe?
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December 19, 2015, 02:34:22 PM
 #1196

Should have a brand new game for you to play this weeken, Poker Flips Smiley


woaaw this game seems to be intererested, since i never see the game like this.
and is this game is player vs player only? if not how much the house edge willbe?

The final line shown in the pic is "Coming soon: Player vs Player mode and Omaha flips", so it is clear the game would not have PvP at first but only playing against the house. I am interested in the house edge as well.

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December 19, 2015, 07:27:32 PM
 #1197

Currently making upgrades to server. Will be back asap.
Sorry for the inconvenience

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December 19, 2015, 08:53:32 PM
 #1198

Back up now

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December 19, 2015, 09:23:24 PM
 #1199

Back up now

Quick turn around guys, well done. Thanks for keeping us informed about it, great service Smiley




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December 20, 2015, 05:10:21 PM
 #1200

One shot One kill as they say... A highroller won 30 BTC in one bet at BetKing.io


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