I checked out the eosbet dice bankroll account eosbetdice11 and noticed about 90% of the accounts placing bets look very suspicious. I am 99.9% certain these are bots placing bids over and over. They just bet randomly for hours on end without a break with no other activities on the accounts. It dosnt seem natural at all.
Randomly pick some accounts and check the history. I think you will come to the same conclusion as me, this is not natural activity.
No normal person would set up a bot to constantly bet against a casino with a 1.5% house edge. Probability means you are guaranteed to lose the more you play.
EOSBet dice have an upcomming ICO for their BET token. Bet has a capped supply of 88million and gives holders a share of 100% of the revenue generated from EOSBET.
15% of bet tokens went to the “airdrop” that you had to gamble eos in order to claim. 55% will be sold in the ICO priced at $0.9 each. This will make them $43,560,000 up front but they will have to sacrifice 70% of their future revenue to BET token holders.
Considering this they have massive massive incentive to boost the numbers to make the ICO more appealing to potential investors. People see the dice app has generated $2.5million volume in 3 week and think of all the dividands they could earn from buying BET tokens, PASSIVE INCOME! EOSBETS could afford to take the 1.5% loss from having the bots cycle through their own EOS pre ICO because they know they will make it all back and more in ICO. There is indeed alot of hype for this coin.
What will happen after the ICO? I guess they will shut the bots of when its time to start paying dividends. They could do this suddenley, but I think they most likely taper them off slowley as to not raise susspicion. They could still make a successful business out of this even though they cheated at the start, but I think its important people know this information before deciding to invest or not.
For me there are just far too many red flags. Even the team want to stay annonymous so you cant research them before investing. As always do your own research and come to your own conclusions. Dont jump on the hype train.Your Remaining Votes (within 24hrs) : 10 of 10