Post
Topic
Board Gambling
Re: BetKing.io Relaunch
by
BetKing.io
on 10/11/2020, 19:23:22 UTC
I won't make any money until that is done.

I don't think that is anything an actual scammer would be doing.
Would you accept a third party escrow to hold your bankroll? Otherwise, what is the guarantee that you wont run away with the fund again?

I was going to delete that with your stupid false accusation.

However you do have a good point.

I have spoke to investors about a 3rd party holding funds, or themselves or a multi sig setup with multiple investors holding the keys.

All 9 investors asked at the time voted for me to hold the funds.

However, I have been thinking of allowing investors to hold funds themselves potentially.

It would mean any proof of funds page for the bankroll would have to list multiple addresses and each investor would need to sign a message proving the funds were being used on BetKing.

The problem though is I now need to trust the investor to send funds when a player wins. They could basically freeroll me and other investors.

It also means needing to ask multiple people to send their % share of that players winnings which could be a lot of hassle if it was to get funds off > 10 people to pay one person.

I could do it where they have to deposit 10-20% of their investment to reduce the back and forth but it still has problems.