Post
Topic
Board Gambling
Re: Free betting contest and new platform kings.ag
by
deisik
on 25/02/2019, 18:42:57 UTC
No gambling sites will choose a red trust member to be their representative in this forum as well as in other places. On the other hand, any members in this forum are free to create a thread for anything they want to share as long as it does not break any forum rules. Creating a thread informing about a site or any other thing does not mean that the user is chosen by the gambling site. I'm saying it in general, not to defend the OP

As I got it, OP is not affiliated with the site

But no fees is definitely a red flag (yes, I checked with the site and it states exactly that). Really, why would anyone want to offer a free lunch (well, a free betting opportunity)? How are they going to earn then unless there are some hidden fees involved? It doesn't look like they are offering a web interface at all (which is a must-have these days), but they have a desktop wallet which you should download and install. So don't be surprised if there is some nasty code in it eagerly looking to steal your precious coins

No nasty code. Look at the block rewards. 10% to the dev. That's their only payment so it aligns 100% to have this platform up and running. Join telegram or discord to ask the dev any questions

Well, I expected something like that

The same approach is used with ZCash if I'm not mistaken, where some share of the block reward goes right into the wallets of primary investors in this coin (doesn't look like ZCash is extremely popular though). In this manner, it can be said that betting should help promote the use of the underlying coin (which is called BetKings, KNG for short). So, technically, it is yet another shitcoin that you are supposed to buy in order to bet with it, a bet coin of sorts. But we already have Dogecoin which fits perfectly here, so why all the fuss really?