BetKing is back on September 4th with highly anticipated new and improved software.
BetKing opened in April 2013 and by the end of 2014 quickly became the most popular crowdfunded Bitcoin casino.
From 2015 BetKing had the most wagered volume of all crowdfunded gambling sites, 400,000 Bitcoin, almost more than all competitors combined!
With a 6000 Bitcoin crowdfunded bankroll BetKing was the most trusted dice site with the highest betting limits. All 6000 Bitcoin were returned to investors when we closed in December 2016.
The new platform will offer new updated provably fair casino games such as Blackjack and Roulette as well as all your favorites.
We will support multiple cryptocurrencies including Ethereum and Litecoin betting.
We will also allow casino websites and app owners to integrate with our platform. We'll take care of user accounts and betting and let casinos develop their own unique games and promos while not having to worry about bankroll funds or security issues.
Soon after launch we will add sports betting, more casino games, poker games and tournaments and native mobile apps.
We also have some unique new games and social features that will be announced next month that players will be able to try on the beta site.
BetKing made a profit of almost 7400 Bitcoin in a little over two years!
This was with one simple game and minimal marketing.
We will be launching and marketing brand new exciting games and services.
We have a list of 3rd party partners already interested in integrating with our new platform.
100,000,000 BetKing Bankroll Tokens will be created as Ethereum ERC23 tokens and issued after the crowdsale ends.
70 million will be available for sale to crowdsale participants.
30 million will be retained by BetKing for ICO bounties (1%), testing bounties, advisors, hiring, future marketing and development.
BetKing Bankroll Tokens can be purchased with Bitcoin, Ethereum, Litecoin and Dash. All funds will be held in cold storage.
After the crowdsale at least 50% of the funds raised will be used for the house bankroll that players bet against and winnings are paid from. The remaining funds will be used for marketing, promos, seo, design, development, server costs and legal.
A percentage of the profit made from bankrolled games will be used to buy back BetKing Bankroll tokens from holders. All profit made on bankrolled games will be audited and made available to token holders as was done in the past with the crowdfunded bankroll profits.
Bankrolled games are games where a player plays against the house such as dice, blackjack and other casino games as well as 3rd party partner casino games. Player vs. player games such as poker are not.
An extra 5% discount will be available for previous BetKing bankroll providers regardless of what week they buy.
The total funds raised will determine the price per BetKing Bankroll token. We will take the total value of all funds at the current exchange rate at the end of the crowdsale to determine the total raised funds. E.g. If we raised $1,000,000 then the price per token would be $0.014 (1,000,000 / 70,000,000).
The buy back price offered by BetKing will be based on the current total bankroll profit. So for example if the price of the token at the end of the crowdsale was $0.014 and the bankroll profit was $1,000,000 then the buy back price would be $0.024 (1,000,000/100,000,000 + 0.014).
Every quarter BetKing will offer to buy back up to 10% of a holders tokens at the current buy back price.
Token holders may choose to sell offsite to 3rd parties or on any exchanges that may list BetKing Bankroll Tokens if they require more liquidity.
The crowdsale will start on the 7th of August (00:00 UTC) and end on the 4th of September (00:00 UTC).
There is no cap on the total funds that can be raised.
There is no minimum amount needed to be raised for the crowdsale to be successful.
BetKing Bankroll Tokens are intended to be used to invest in the bankroll on BetKing only.
BetKing Bankroll Tokens are not a share in a company and have no voting rights.
Beta version of the new Dice game and platform.
ICO crowdsale. Blackjack and Roulette completed. BetKing relaunch.
Mobile apps. More casino games. More partners.
SegWit integration (if activated). Research Lightning Network integration. Ethereum Smart Contract Betting.
Poker. Sports betting. Store.
Join our bounty campaign and help us spread word about the BetKing ICO. You will be rewarded in BetKing Bankroll Tokens.
We will reward 1,000,000 (1%) of the total BetKing Bankroll Tokens to bounty participants.
To earn BKB tokens you first need to sign up to our bounty program at https://bounty.betking.io with your email address. Your tokens will be credited to that account when the ICO ends.
After signing up start spreading BetKing ICO information via one of the methods below.
Each task will earn you bounty stakes. Once the ICO has ended the 1,000,000 BetKing Bankroll Tokens will be distributed proportionally to stakes in each of the following categories.
To join the signature campaign you must rank Jr. Member or higher. Signup to https://bounty.betking.io and enter your Bitcointalk username and Account Id. Set your signature and avatar (optional) to the one shown on that page.
Signup to https://bounty.betking.io and connect your Twitter account.
You must retweet our official @BetKingIO account tweets marked with the hashtag #ICOBetKing within 5 days of the original tweet date. Retweets must not be deleted before the ICO end on 4th September. Each retweet will earn you stakes based on your follower count. Your account must be at least 4 months old and have at least 10 followers. Only retweets of our official account marked with #ICOBetKing will count. Your follower count is fixed at signup time.
Signup to https://bounty.betking.io and connect your Facebook account.
You must repost our official account posts marked with the hashtag #ICOBetKing within 5 days of the original post date. All reposts must be public. Shares to public groups and pages also count.
Reposts must not be deleted before the ICO end on 4th September. Each repost will earn you stakes based on your friend count. Your account must be at least 4 months old and have at least 10 friends. Only reposts of our official account marked with #ICOBetKing will count. Your friend count is fixed at signup time.
To apply for translation bounties post in the ANN thread the language you wish to translate to and include a link to previous ICO's that you have translated. BetKing will pm you on BitcoinTalk to confirm if you will be picked for translation.
Each translated ANN thread will receive 60 stakes and 5 stakes per page in the thread.
Google translate will not count. Posting "reserved" does not guarantee you a translation bounty. If it is discovered that your translation has errors you will receive nothing. You must moderate the translated threads by answering posters questions.
If you are a media website or service you can earn tokens by writing articles or creating videos about the BetKing ICO on popular news or media websites such as Coindesk, Forbes or any other cryptocurrency or finance related media site.
Depending on the website posted, content and audience reached we will rank your post to determine you stakes. To apply email [email protected] with the site you will post on.
If you have a personal website, social page or blog you can earn tokens by writing articles about the BetKing ICO You can post in any language. Article must be at least 1000 words and contain two links to http://betking.io.
Depending on the website, content and audience reached we will rank your post to determine you stakes. Send a link of the article to [email protected].
At the end of the ICO you will see your final stakes and tokens on your account on https://bounty.betking.io where you can then withdraw to an Ethereum address. We will update your account page often to show your current stakes earned.