STEEM-BET IS A SCAM! **BEWARE FRAUD** A lesson in Steem Blockchain Integrity and Transparency.
Some of you may have seen a new gambling site pop up on the Steem blockchain called @steem-bet which is a "dice game" similar to @magicdice in the way its played BUT it is nowhere near as fair or transparent as @magicdice in the way the token or SMT is distributed. Some will even complain about the way @magicdice did distribution but at least they had a listed hard cap, a clear cut halving rate and clear cut dividend payments. Steem-bet posed as if they had all of these things but after taking 1000's of Steem in wagers they decided to dilute the SBT (it's their Smart Media Token) by a 5X MULTIPLE. This video explains why all of you need to stand up against stuff like this because if your not gonna care about this blockchain and the investment you have made.......who will??????? @steem-bet im only getting started.....you either make this right with the bets you took in good faith up until this point and give those players 5X SBT tokens and then continue forward with 1x for everyone else or refund steem or create 5 SMT tokens to make this right. if you fail to do this simple thing to restore your credibility and the fairness of this game to ALL PLAYERS, Your game is not "provably fair" until you abide by the posted rules of the game and how SBT would be earned before you changed and diluted it. You made a mistake and in the real world, mistakes must be made right ESPECIALLY WHEN IT COMES TO GAMING! I will do everything I can to spread this message, sabotage your game, and create on army of steemians who will join me and stop shady games, developers and crooked launches of SMT's like you did on our blockchain. I will never stop.......bet on it.....and then bank on it!
▶️ DTube
▶️ IPFS
PLEASE PLEASE PLEASE Re-Steem this so others do not get fooled until they straighten this out and make it right to the players of the steem community who have supported them! Re-Steem for an UPVOTE from @broncnutz
I saw this coming from a mile away, even left some comments in the posts warning people and showing my disappointment in those that resteemed it looking for a quick buck, they should know better.
Resteeming this.
Thank you so much for supporting this....coming from people like you, this means a lot. It’s important to me to protect the blockchain the best we can and that often means we must stand together against fraud, deceit, non transparency and poor integrity. If you even need help flagging content that is harmful to the awesome blockchain we both helped build......count me in brother!
It's a gaming company with millions of users though!
jk
Casinos calling themselves "gaming company" is enough of a joke already.
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Thanks a lot!
@martin.mikes coordinator of @kedjom-keku
I love to see how Steemit community is always alert about this kind of frauds, and we all keep fighting against it. This should be re-steemed by @steemit blog maybe?
I resteemed this to (currently) (2019.03.15, 13:48 CET) 947 followers.
Okay, most of them are inactive nowadays, because they left the Steem blockchain long (months) ago, but if only one or two people notice this, then it was worth it.
Good way of looking at it.
Resteemed. I love yout sense of justice. This community can be honest!
It was thanks to your comment on their post that stopped me from making a mistake.
Im not much for games like this anyway but it's a really shitty thing they are doing and THANK YOU for doing this and keeping the steem safe from asses like this scam game 👍👍👌
I’m always on the lookout. Steem it worth protecting.
Steem is indeed worth protecting 😉👍 and people like You make this place what it is... Awsome!
I'm here to stay and let's keep this a place clean from scam and people treating others badly.
Together we can change the world ❤️
Posted using Partiko Android
resteemed!!!
I am not against gambling, and I know online gambling can be dangerous because its pace is much faster ... but not only that to get screwed over!? thats bullshit... 5 to 1 split in price is no problem as long as you payout the same ratio in coins... like a stock split
Broncnutttttttz! PREACH It! I knew something was up the day they announced! Resteemed this. We've all worked too hard not call out rogue services like this. In fact, I think we need to look into a solution around this as we grow bigger there will be more apps coming aboard!
What did we expect of a game that couldn't get even their tag right? Steem-bet is as scammy as scams come and it was clear from the get-go. Just one guy on his computer scamming supposedly educated people of their hard-earned steem.
Y'all be jumping in on things without conducting proper research just to collect tokens. You give them your steem for tokens that may never be worth anything in the future and you call that gaming? I'd send my steem to the @null account instead, it has about the same effect, with even better perks for the community.
lol.... SteamBet
That sucks and they made a huge mistake. I read the discussion between you and the team below the post and they seem to not (want to) understand the issue. That's even worse. Making mistakes is one thing, not acknowledging the mistake is even worse.
I've upvoted the link to this video under their post but maybe put some weight behind it yourself so it gets on top of the comment section and it's the first thing people see.
ATTN ALL NEW STEEM-BET PLAYERS: @Steem-bet has made serious changes to the amount of SBT tokens there will be, however they have taken 1000's in Steem bets under the token distribution rules of 880M tokens. There are now 4.4B tokens apparently. Please DO NOT use this Betting site until they are "PROVABLY FAIR" to every single person who has already played here. They must award all current token holders 5x the SBT tokens they currently hold and then continue the game at current payouts OR refund every single Steem they took in bets and then start over with the token distribution posted correctly on the website. This is not fair to players and I would like all your help to maintain the integrity of gambling type games on the Steem blockchain. Please give their team a chance to make this right and we can all learn a lesson from this and continue on this great journey with each other. Steem on yall!
Proof of Treachery
Straight from their website, I took the before screenshot on March 6th, after they announced the new amount of tokens. Resteemed.
I wonder if anyone from steem blockchain is using TheWayBack machine website, it archive's webpages and stores screenshots 😁
Posted using Partiko Android
No need, they have admitted that they changed it. We aren't digging up some sort of conspiracy. The excuse given was because they are going to have 5 games, they need 5x tokens now.... They were always planning to launch more games
Posted using Partiko Android
I'm steering well clear anyways hahahha :) have a great day!
I resteem because I really like dapps and think gambling is a good addition to the blockchain, the more the merrier.
But in the case of @steem-bet, they are dishonest and this needs to be a warning to other dishonest developers. Do not change the rules mid-game without careful discussion and consideration of the users.
We are on blockchain because we are sick of top down BS from corporations.
@steem-bet had over a week to address the situation and apologize, but nothing was done.
They continue arguing with their players. They don't admit that changing the token means it is unfair.
At the very least they are being stubborn and lying.
They also don't understand math and economics which is concerning for a casino.
To be clear, they didnt manipulate the game, they manipulated the loyalty rewards. Inflation is inflation, the stake isn't worthless. It is still wrong and they don't admit this.
I didn't even spend a lot of money. It is about the principle. I feel disrespected and cheated.
When developers act dishonest they should be called out. We don't want this trash on our blockchain.
They need to apologize and retract or leave this chain and stay away.
PS tag #steembet cause they use this category too.
So scammy... Oh P.S. There's 300 Billion Steem now instead of 300 Million.
#SorryNotSorry #InflationIsCoolWhenYouDoIt
#quanitativeeasingnotallowed
Damn! Get at um @broncnutz.
You know how i do@cryptokidd ......I know you don't stand for this type of nonsense either! Thanks for the support cuz.