Topic: BetcoinCasino.com-Betcoin.ag-DICE - 100% Bonus!480 BTC jackpots (Read 52702 times)

Just talk to support everyday, i used this way to retrieve my money there, I lost a bet but the odds was wrong, like you said, they wouldn't delete the bet if you have -ev. Only delete you have +ev

From when you placed the bets to bet cancellation, how much time went by?

Is this ajundftd?

They have another odds provider for esports in addition to pinnacle, which is where these odds came from. I don't know when the bets were cancelled, regardless it's not acceptable for them to cancel only the bets I placed which showed to have +EV after pinnacle opened, and keep the rest. If I had bet on the other (-EV) side of the "bad odds", would they cancel the bet? Unlikely. I did email support, we'll see if they have any excuse.

Maybe pinnacle doesn't have the odds is the reason they cancelled your bet, btw, did they cancel before the game or cancel after you won the bets?

Hvae you contacted the support? Let them pay you.

None of these games were available on pinnacle when I placed the bets. This is a weeklong event and pinnacle is only opening betting for each game on the same day it will be played. I placed these bets days in advance, and only after pinnacle opened with odds much more in my favor, did betcoin cancel half of my bets (the winning ones).

What odds did pinnacle offer at that time??  Maybe they have huge gap? Generally the odds maybe too high so to avoid arbitrage they cancelled the odds.

DON'T USE BETCOINSPORTS:

They cancelled my wagers:
http://betcoinsports.com/ShareTicket/?ticketid=420320
http://betcoinsports.com/ShareTicket/?ticketid=422080

Claiming "WRONG ODDS PROVIDED"... These odds were available on their site all week, yet the bets were only cancelled after the market moved heavily in my favor. I wonder, when pinnacle opens these markets tomorrow, and Lyon gaming is favored versus The Chiefs, will that wager be cancelled too? What if the market moves in your favor? Are those odds then not "wrong"? You can't pick and choose which bets you want to accept after the market reacts. Thieves!

Thank you Robo and good luck to you!

I don't get any VIP reward box nowadays, is it normal? Or you cut that feature for us?   

Er... ooooookkkkaaaaay

/backs away quietly, hands raised, no sudden movements...


Yep. I agree, you're clearly a fountain of knowledge in this area.

/shuffles away some more...

Never played any casino games online but going to try this one out.

Hope it would be lucky for me

gl betcoin.ag

 


How do you think that they are going to spend the Bitcoin that they fleece from players? Despite what Bitcoin evangelists would like to believe we're not at the point where you can live on Bitcoin, and especially not when you're talking about large sums of cash. I guarantee you that they will be converting their Bitcoin to currency at some point. Seriously, you can't be that thick can you?


Thanks again for more evidence of your charming personality. What exactly is "BS" about saying that they accept business from Americans (true) and that they have been very careful to not reveal the associated company names (again true)? It is the exact opposite of "BS". Do you even know what the word means?

Don't presume to lecture me about online gambling laws in the USA. I'm pretty sure that I have far more experience in this area and know more about it than you do. Legal arguments that vary from state to state aside, no unlicensed operator that accepts money from Americans for gambling wants their details known to the U.S. government who have shown their willingness time and again to aggressively pursue operators irrespective of the laws.

Sure there are "several" companies that license in Curacao and reveal a company name, usually an untraceable shelf company with offshore directors, but so what? By your own admission, there are many others that don't. What is your point?


That may or may not be the law but it is certainly not reality. There are countless sites that are hosted in Curacao without any kind of license. Many cite a license held by their software provider (eg Betsoft) but have no specific license of their own. Others are just plain unlicensed. Do you know the meaning of the word "indication"? I'll give you a hint: it is not a certainty.


Whether they are or are not governed or subject to the laws of either country, or whether they are intending to mislead is irrelevant. Who are you going to sue? There is no company name, director's name, physical address, mailing address, phone number, or anything else that you can use to tie them to someone you could sue. So arguing about whether the statement is true or not is ultimately pointless. There is no way to sue them or take them to court at present so you need to find another way. Perhaps you could take Betsoft or Cloudflare to court and compel them to reveal the names of their clients?

You see, I am broadly agreeing with you in that their terms of service are legally unenforceable. I have seen the same thing countless times over a decade working in this industry. However you plainly think that you know a lot more than you actually do and calling what I say "BS" when I am trying to help you out is rude and counterproductive. I would hate to see how you speak to someone who disagrees with you.

You do not have to funnel Bitcoin transactions through a registered company, as it is a decentralized and anonymous system. Furthermore, Bitcoins are in many jurisdictions not considered as a currency and therefore no need to register a company in Hong Kong for tax evasion purposes.

If they would have a shell company in Curacao, then this would be sufficient enough to avoid tax payments.

Without stating the contract partners and the provably applicable jurisdiction, there are no juridical valid Terms of Service. Simply call their "Terms of Service" a fairy tale.


Bs at its best!

First of all, the problem is not offering gambling services to Americans in non regulated states, the money transfer to and from gambling companies is prohibited.

Secondly, there are several companies licensed in Curacao and offer gambling services to Americans and also state the name of the operator and the license seal.


I understand perfectly that the operator does not want to be found.


No. It is not an indication that betcoin.ag is hosted in Curacao! You can not host a gambling company in Curacao without having a license there.

The sole intent of the Curacao statement (there are no Terms of Service) and the Hong Kong statement about governed by bla bla, is to mislead potential and existing customers. They imply that betcoin.ag would be governed by authorities and that there would be a "legally binding agreement" with the possibility to claim and enforce your rights, while in reality there is nothing, zero point zero!

It could be that the operators of Betcoin are channeling their funds through a Hong Kong registered company for tax evasion purposes. Companies registered there pay zero tax on income earned from outside Hong Kong. You are right that online gambling is illegal there so they would be laundering money first by passing it through intermediary companies or payment processors which are all outside HK. If they are doing that it seems to me to be a pretty dumb thing to do to reveal that in their terms.


Betcoin is in the business of offering gambling services to Americans, so they have been very careful to not reveal the associated company names. All through their terms they just refer to themselves by domain name as a proxy for "we", "the company", "us" etc. Their domains, owned by a Stephen Lee, have all other info privacy protected. The domains are routed through cloudflare which hides the server's IP address and location. They aren't going to give you a company name because the operator does not want to be found.

There are many, many online casinos that state that they are "licensed" by Curacao or Costa Rica or Belize or myriad other places when in fact they only own a shell company and host their website there. In many cases the jurisdictions (like Costa Rica) don't even issue licenses for operating an online gambling site. The Curacao statement in the terms is an indication that they are probably hosted there. As you say, Curacao eGaming does issue licenses but sites that have one almost alway display a linked seal on their website. I can't find one of those on Betcoin's site. As far as I can tell, Betcoin is not licensed to operate an online gambling site by anyone, anywhere.

Actually whatever RTP they did or did not advertise for those pirated games is meaningless. The servers they were run on were not under the control of Novomatic so they could have been doing anything on the back end. The games would not have been tested, audited, or provably fair, and in all likelihood were rigged against players. You think the crooks who pirate and reverse engineer these games take care to make sure everyone gets an absolutely fair game? So even if they said the RTP was the same as the genuine games, it would not be believable. And that is without even considering the intellectual property and licensing issues raised by using pirated and unauthorised games.

I've also found a number of shitty affiliate sites that are working with Betcoin that have outdated reviews claiming that Betcoin also offers Aristocrat games. They were also pirated because Aristocrat is a tightly regulated Australian company that doesn't offer its games to unlicensed casinos for BTC play.

Obviously Betcoin knows all this because they have quietly removed the games at some stage. They just forgot to clean up the evidence trail that shows that they were using them. When a company makes one small mistake you can look past it and forgive them but when they make this many mistakes of this magnitude, come on, you would have to be a fool to continue trusting them.


Exactly, careless and incompetent at best. On the other hand someone not so generous could reasonably conclude that they are actively involved in ripping off their own customers.

The Betcoin Casino Terms of Service https://www.betcoin.ag/support/betcoin-casino-terms-service are anyway not valid, because the contract partners and applicable jurisdiction is missing.
Betcoin.ag Scam!

Betcoin.ag Poker Terms of Service (TOS)


-> It is juridical not possible to have a legally binding agreement with a domain name! Legally binding agreements are only possible between legal entities or private persons. The “Terms of Service” does also neither state the name of the operator nor a gambling license (if any exist), nothing!

-> False and misleading statements are the criminal offense of fraud!

Fraud Act 2016

2 Fraud by false representation

(1) A person is in breach of this section if he—

(a) dishonestly makes a false representation, and

(b) intends, by making the representation—

(i) to make a gain for himself or another, or

(ii) to cause loss to another or to expose another to a risk of loss.

(2) A representation is false if—

(a) it is untrue or misleading, and

(b) the person making it knows that it is, or might be, untrue or misleading.

(3) “Representation” means any representation as to fact or law, including a representation as to the state of mind of—

(a) the person making the representation, or

(b) any other person.

(4) A representation may be express or implied.

(5) For the purposes of this section a representation may be regarded as made if it (or anything implying it) is submitted in any form to any system or device designed to receive, convey or respond to communications (with or without human intervention).


Betcoin.ag governed in Hong Kong or Curacao or Costa Rica or nowhere?


Based on what shall the alleged agreements with Betcoin.ag be governed and interpreted in accordance with the laws of Hong Kong or Curacao?

How could “These Agreements” be governed and interpreted in accordance with the laws of Hong Kong, while online gambling is not allowed in Hong Kong? Does this make sense?

If the Betcoin.ag operation shall be governed by and interpreted in accordance with the laws of Hong Kong, why do you need to irrevocably agree to submit to the exclusive jurisdiction of the courts of Curacao?



Wait, Betcoin.ag scam Casino Terms of Service (TOS)


1, 2 or 3, you have to decide, 3 fields are free!

So where is it now? Hong Kong or Curacao or Costa Rica or nowhere?

Who is the operator of Betcoin.ag? Why is the name not stated on their website?

Do you feel comfortable to send your Bitcoins to something while you do not know who the operator is?

Here is a guy who won a huge Jackpot, but of course did not receive it:

BetSoft Non-Payment of Jackpot

So it's safe to say that BEST CASE scenario, Betcoin is sloppy and has no regard for it's customers data, money, or safety.

AFAIK Betcoin has never displayed a RTP on any of their games other than dice (which has been "under maintenance" for months")

I've made many posts about the lack of "RTP" and other information regulated providers offer, they have all been deleted.

Disclaimer: I'm not an expert in pirated games, so some of this post may be incorrect.

This depends on what house edge/RTP they advertised. If they advertised the correct RTP that was actually in the game, they didn't directly scam any customers. Pirated games are known for having a lower RTP though, compared to the official one because the pirates can edit the code safely.

This is a probable case. They saw an opportunity to get good games for a cheap price, and probably a higher cut (since the RTP was probably lower than it should be) so they decided to let the scammers access it's customers.

This is very interesting, thanks for sharing.

Could you please clarify exactly what was going on with those slots though?  Are you saying that Betcoin was directly scamming it's customers, or that Betcoin was taken in by low rent scammers and allowed them access to it's customers?  Between those slots and the Betsoft scam is it safe to assume that any casino offering from Betcoin is unsafe and untrustworthy?