nicklovesBTC
|
|
December 07, 2015, 12:46:02 PM |
|
I honestly liked the old name better, betking just seems too sleazy. :\
|
|
|
|
BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
|
|
December 07, 2015, 02:53:50 PM |
|
I have added back the public chat room
|
|
|
|
nicklovesBTC
|
|
December 07, 2015, 03:32:42 PM |
|
I have added back the public chat room Nice, I dont know why it got removed in the first place
|
|
|
|
BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
|
|
December 10, 2015, 11:40:56 AM |
|
As posted in the new Money Pot thread, I will not be partnering with them now. I felt it was best to just focus on Bet King at the moment.
However I have started work on a new game that people will find fun so subscribe to the thread to get updates on that.
|
|
|
|
BoXXoB
Legendary
Offline
Activity: 2018
Merit: 1108
|
|
December 10, 2015, 12:19:30 PM |
|
Another large winner at BetKing.io
|
|
|
|
BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
|
|
December 14, 2015, 03:41:36 PM |
|
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
|
|
|
|
santa_marta
|
|
December 14, 2015, 03:52:19 PM |
|
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%. The industry standart for high VIP lvl is anywhere from 0,25 - 0,50% if you check some other sites.
|
|
|
|
BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
|
|
December 14, 2015, 03:57:38 PM |
|
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?
|
|
|
|
santa_marta
|
|
December 14, 2015, 03:59:08 PM |
|
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? So you are saying I only need to wager 0,35 to get 0.025. Maybe do the calculations again. Since 0,35 will give you 0,525 points and you need 50 points. If I am wrong please explain I might be interested in playing in your casino. To your second question - your VIP program is 2-4 times below the standard just check other sites for betbacks.
|
|
|
|
BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
|
|
December 14, 2015, 04:02:51 PM |
|
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? So you are saying I only need to wager 0,35 to get 0.025. Maybe do the calculations again. Since 0,035 will give you 0,525 points and you need 50 points. The house edge is 1%, you are getting 15% of the 1% back as that's rake.
|
|
|
|
santa_marta
|
|
December 14, 2015, 04:07:29 PM |
|
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? So you are saying I only need to wager 0,35 to get 0.025. Maybe do the calculations again. Since 0,035 will give you 0,525 points and you need 50 points. The house edge is 1%, you are getting 15% of the 1% back as that's rake. ¨ So say i gamble/wager 0,35 the rake is 0,0035 (1%) - from that I get 0,000525 (15%). From the vip program I will get 0,525 points which is ( converted from your VIP chart) 0.0002625 bitcoin. Which totals 0,0007875 bitcoin from 0,35 bet. That is 0,2%. Not 7%. Not to mention there is not a word on any 15% rakeback from house edge on your site (or this topic for what its worth) so maybe you should add it in to keep players informed. If you wager 1000 you will get 1.45 Bitcoin in bonuses which is almost 15% rake back. 1.45/1000=0,00145 * 100 = 0,145% that is not 15% it is in fact one hundredth of 15%.
|
|
|
|
BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
|
|
December 14, 2015, 04:17:28 PM |
|
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? So you are saying I only need to wager 0,35 to get 0.025. Maybe do the calculations again. Since 0,035 will give you 0,525 points and you need 50 points. The house edge is 1%, you are getting 15% of the 1% back as that's rake. ¨ So say i gamble/wager 0,35 the rake is 0,0035 (1%) - from that I get 0,000525 (15%). From the vip program I will get 0,525 points which is ( converted from your VIP chart) 0.0002625 bitcoin. Which totals 0,0007875 bitcoin from 0,35 bet. That is 0,2%. Not 7%. Not to mention there is not a word on any 15% rakeback from house edge on your site (or this topic for what its worth) so maybe you should add it in to keep players informed. If you wager 1000 you will get 1.45 Bitcoin in bonuses which is almost 15% rake back. 1.45/1000=0,00145 * 100 = 0,145% that is not 15%. Wager 1000 Bitcoin. The house edge is 1%. That means 10 Bitcoin rake. Wager 1000 Bitcoin you wil get 1.45 Bitcoin in bonuses. Therefore 14.5% rake back. It was a spur of the moment promotion so I will need to update homepage etc to show that it is running.
|
|
|
|
santa_marta
|
|
December 14, 2015, 04:27:41 PM |
|
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? So you are saying I only need to wager 0,35 to get 0.025. Maybe do the calculations again. Since 0,035 will give you 0,525 points and you need 50 points. The house edge is 1%, you are getting 15% of the 1% back as that's rake. ¨ So say i gamble/wager 0,35 the rake is 0,0035 (1%) - from that I get 0,000525 (15%). From the vip program I will get 0,525 points which is ( converted from your VIP chart) 0.0002625 bitcoin. Which totals 0,0007875 bitcoin from 0,35 bet. That is 0,2%. Not 7%. Not to mention there is not a word on any 15% rakeback from house edge on your site (or this topic for what its worth) so maybe you should add it in to keep players informed. If you wager 1000 you will get 1.45 Bitcoin in bonuses which is almost 15% rake back. 1.45/1000=0,00145 * 100 = 0,145% that is not 15%. Wager 1000 Bitcoin. The house edge is 1%. That means 10 Bitcoin rake. Wager 1000 Bitcoin you wil get 1.45 Bitcoin in bonuses. Therefore 14.5% rake back. It was a spur of the moment promotion so I will need to update homepage etc to show that it is running. you dont seem to understand basic math. If the rake back was 14.5% you would get 1000*0,145= 145 bitcoin. What you get ( according to your website) is 1.5 bitcoin from VIP program and 1000*0,01=10*0,15=1,5 bitcoin from the rakeback program - i dont know if they are the same thing is it 1,5 only or 3? Anyway 1,5 bitcoin from 1000 bitcoin is 0,15% not 15% not even 14,5%, 3 bitcoin is 0,30%
|
|
|
|
shulio
Legendary
Offline
Activity: 1540
Merit: 1016
|
|
December 14, 2015, 04:33:29 PM |
|
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? So you are saying I only need to wager 0,35 to get 0.025. Maybe do the calculations again. Since 0,035 will give you 0,525 points and you need 50 points. The house edge is 1%, you are getting 15% of the 1% back as that's rake. ¨ So say i gamble/wager 0,35 the rake is 0,0035 (1%) - from that I get 0,000525 (15%). From the vip program I will get 0,525 points which is ( converted from your VIP chart) 0.0002625 bitcoin. Which totals 0,0007875 bitcoin from 0,35 bet. That is 0,2%. Not 7%. Not to mention there is not a word on any 15% rakeback from house edge on your site (or this topic for what its worth) so maybe you should add it in to keep players informed. If you wager 1000 you will get 1.45 Bitcoin in bonuses which is almost 15% rake back. 1.45/1000=0,00145 * 100 = 0,145% that is not 15%. Wager 1000 Bitcoin. The house edge is 1%. That means 10 Bitcoin rake. Wager 1000 Bitcoin you wil get 1.45 Bitcoin in bonuses. Therefore 14.5% rake back. It was a spur of the moment promotion so I will need to update homepage etc to show that it is running. you dont seem to understand basic math. If the rake back was 14.5% you would get 1000*0,145= 145 bitcoin. What you get ( according to your website) is 1.5 bitcoin from VIP program and 1000*0,01=10*0,15=1,5 bitcoin from the rakeback program - i dont know if they are the same thing is it 1,5 only or 3? Anyway 1,5 bitcoin from 1000 bitcoin is 0,15% not 15% not even 14,5%, 3 bitcoin is 0,30% 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.
|
|
|
|
santa_marta
|
|
December 14, 2015, 04:38:20 PM |
|
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 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 It's actually 7% as you're not thinking of the edge it should be 0,2%
|
|
|
|
shulio
Legendary
Offline
Activity: 1540
Merit: 1016
|
|
December 14, 2015, 04:43:34 PM |
|
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 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 It's actually 7% as you're not thinking of the edge it should be 0,2% It can be also change into a better sentences it should 15 % rake back from the house edge if Dean want to keep using that 15 % number or change it into 0.15 % straight rake back
|
|
|
|
BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
|
|
December 14, 2015, 04:47:49 PM |
|
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 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 It's actually 7% as you're not thinking of the edge it should be 0,2% It can be also change into a better sentences it should 15 % rake back from the house edge if Dean want to keep using that 15 % number or change it into 0.15 % straight rake back But if you wager 1000 Bitcoin you don't pay 150 in rake. No casino would ever be able to pay 150 for every 1000 wagered with an expected profit of 10 Bitcoin. Santa_marta seems to think that 1000 is raked.
|
|
|
|
DarkDays
Legendary
Offline
Activity: 2030
Merit: 1189
|
|
December 14, 2015, 05:41:52 PM |
|
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 1000 BTC wagered gets back 2.4 BTC. Also that site is also on your (new) network. If you want to be tops in the industry, you should offer 25%+.
|
|
|
|
DarkDays
Legendary
Offline
Activity: 2030
Merit: 1189
|
|
December 14, 2015, 05:43:24 PM |
|
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 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 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!
|
|
|
|
BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
|
|
December 14, 2015, 07:42:14 PM |
|
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 1000 BTC wagered gets back 2.4 BTC. 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.
|
|
|
|
|