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Topic: BetcoinPoker.com Betcoin.ag-Big Tourneys-BONUS-Freerolls, Ring Games, Real Poker - page 42. (Read 367789 times)

sr. member
Activity: 462
Merit: 250
...
That would be a problem if a scammer "poker player" falsely alleges someone else took his chips inappropriately. He asks BetcoinPoker for a chargeback and the lender (who sent some coins and held the chips as collateral) gets scammed...
...

I don't get it. Betcoin allow P2P transfers but they won't act as debt-collector, who you lend to/borrow from and whether they pay you back is entirely your problem and you take the risk.

Also why would anyone use chips as collateral since chips are essentially bitcoins (you can just withdraw them)?


And what are they going to do? In The real world do casinos bar entrance, suspend, ban, or hold the funds of a player who is in debt to another player at the casino?

No.

But if they know someone is trying to scam other players they get banned for sure.

Hmm... Not sure about that.

Yeah it's always better to keep a healthy community so they MIGHT do so, but on the other hand that's your problem if you get scammed.

They're not going to get rid of players actually bringing them money just because you were too naïve to let them rob you Grin
sr. member
Activity: 447
Merit: 250
...
That would be a problem if a scammer "poker player" falsely alleges someone else took his chips inappropriately. He asks BetcoinPoker for a chargeback and the lender (who sent some coins and held the chips as collateral) gets scammed...
...

I don't get it. Betcoin allow P2P transfers but they won't act as debt-collector, who you lend to/borrow from and whether they pay you back is entirely your problem and you take the risk.

Also why would anyone use chips as collateral since chips are essentially bitcoins (you can just withdraw them)?


And what are they going to do? In The real world do casinos bar entrance, suspend, ban, or hold the funds of a player who is in debt to another player at the casino?

No.

But if they know someone is trying to scam other players they get banned for sure.

You really think that Betcoin is going to ban someone for trying to scam other players? Did that  guy worldpeace get banned for DDOS you out of games and tournament....or did they just want him to apologize to you???
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
...
That would be a problem if a scammer "poker player" falsely alleges someone else took his chips inappropriately. He asks BetcoinPoker for a chargeback and the lender (who sent some coins and held the chips as collateral) gets scammed...
...

I don't get it. Betcoin allow P2P transfers but they won't act as debt-collector, who you lend to/borrow from and whether they pay you back is entirely your problem and you take the risk.

Also why would anyone use chips as collateral since chips are essentially bitcoins (you can just withdraw them)?


And what are they going to do? In The real world do casinos bar entrance, suspend, ban, or hold the funds of a player who is in debt to another player at the casino?

No.

But if they know someone is trying to scam other players they get banned for sure.
legendary
Activity: 1148
Merit: 1000
...
That would be a problem if a scammer "poker player" falsely alleges someone else took his chips inappropriately. He asks BetcoinPoker for a chargeback and the lender (who sent some coins and held the chips as collateral) gets scammed...
...

I don't get it. Betcoin allow P2P transfers but they won't act as debt-collector, who you lend to/borrow from and whether they pay you back is entirely your problem and you take the risk.

Also why would anyone use chips as collateral since chips are essentially bitcoins (you can just withdraw them)?


And what are they going to do? In The real world do casinos bar entrance, suspend, ban, or hold the funds of a player who is in debt to another player at the casino?
legendary
Activity: 2436
Merit: 1561
...
That would be a problem if a scammer "poker player" falsely alleges someone else took his chips inappropriately. He asks BetcoinPoker for a chargeback and the lender (who sent some coins and held the chips as collateral) gets scammed...
...

I don't get it. Betcoin allow P2P transfers but they won't act as debt-collector, who you lend to/borrow from and whether they pay you back is entirely your problem and you take the risk.

Also why would anyone use chips as collateral since chips are essentially bitcoins (you can just withdraw them)?
legendary
Activity: 3402
Merit: 1227
Top Crypto Casino
I'd suggest not to lend as well: beside putting you at risk of being scammed this (bad in my opinion) habit attracts potential scammers to the site when thay see this opportunity going on.

On a side note: if a players hasn't been able to grow a proper bankroll to play with, then I don't see a good opportunity of investiment in him,
hero member
Activity: 640
Merit: 771
BTC⇆⚡⇄BTC
^^ Pump: P2P Lending

Dump: Banks...
sr. member
Activity: 447
Merit: 250
Thanks for the fast reply!

BTW as BetcoinPoker is the main/only issuer of its own poker chips, are those chips subject to chargeback?

That would be a problem if a scammer "poker player" falsely alleges someone else took his chips inappropriately. He asks BetcoinPoker for a chargeback and the lender (who sent some coins and held the chips as collateral) gets scammed...

Is there any way to avoid BetcoinPoker's chips chargebacks?

Yeah, don't lend..leave that to the banks
hero member
Activity: 640
Merit: 771
BTC⇆⚡⇄BTC
Thanks for the fast reply!

BTW as BetcoinPoker is the main/only issuer of its own poker chips, are those chips subject to chargeback?

That would be a problem if a scammer "poker player" falsely alleges someone else took his chips inappropriately. He asks BetcoinPoker for a chargeback and the lender (who sent some coins and held the chips as collateral) gets scammed...

Is there any way to avoid BetcoinPoker's chips chargebacks?
legendary
Activity: 3738
Merit: 1108
Betcoin.ag Forum Rep - Sportsbook, Casino
Are Betcoin's players allowed to buy, sell, borrow, donate and transfer chips inside its platform?

Suggestion: maybe you should also create a Linux version of the software's platform featuring connection through TOR. And update the browser version to use only HTML5 instead of the (Adobe's defunct) Flash version.

Excellent question.  At Betcoin Poker and most poker websites you can perform player to player transfers to other players.  These transfers are reviewed by the Staff.  We advise you to not lend or borrow, but you are free to if you choose at your own risk. 

Excellent suggestion and we are working on this, however it is taking longer than expected. 
hero member
Activity: 640
Merit: 771
BTC⇆⚡⇄BTC
Are Betcoin's players allowed to buy, sell, borrow, donate and transfer chips inside its platform?

Suggestion: maybe you should also create a Linux version of the software's platform featuring connection through TOR. And update the browser version to use only HTML5 instead of the (Adobe's defunct) Flash version.
legendary
Activity: 3738
Merit: 1108
Betcoin.ag Forum Rep - Sportsbook, Casino
Wow what a hit! what a feat to get 4th out of 1100 players. I also noticed this tournament took 15 hours and costed the players almost $500 each to enter. Gotta spend money to make money I suppose. Congrats!

There were tons of cheap satellites and freebuys that were available to gain access to that tournament too.  Those bigger buy-ins play a little tighter than the average tourney....they don't play like the micro's for sure!  You don't see too many players with their rifles on automatic spewing bullets like the smaller priced games.

cjmoles is right on that there are plenty of satellites including free entry satellites to earn your way into this tournament.  Also, the time 15 hours refers to how long ago the tournament had finished when the screenshot was taken and not how long the tournament actually ran. 

It was an impressive win and the second highest to the win by Whiteline of $109,000 worth of btc which was 470 btc at the time. 
legendary
Activity: 1176
Merit: 1017
Wow what a hit! what a feat to get 4th out of 1100 players. I also noticed this tournament took 15 hours and costed the players almost $500 each to enter. Gotta spend money to make money I suppose. Congrats!

There were tons of cheap satellites and freebuys that were available to gain access to that tournament too.  Those bigger buy-ins play a little tighter than the average tourney....they don't play like the micro's for sure!  You don't see too many players with their rifles on automatic spewing bullets like the smaller priced games.
sr. member
Activity: 256
Merit: 250
CSGOBetGuide.com - Esports Gambling List
Wow what a hit! what a feat to get 4th out of 1100 players. I also noticed this tournament took 15 hours and costed the players almost $500 each to enter. Gotta spend money to make money I suppose. Congrats!
full member
Activity: 204
Merit: 100
Betcoin Poker's UncleChau Wins 75 BTC ($29,729.28) in High Five #23

Betcoin Poker congratulations UncleChau for finishing in 4th place in High Five #23 and winning 75 BTC ($29,729.28)


The High Five series was extremely exciting at Betcoin Poker and very profitable for our players. We would like to extend a special congratulations to Betcoino Poker's UncleChau for winning 75 BTC ($29,729.28) when he finished fourth in High Five #23 with the 1,000 BTC ($420,000) GTD prizepool.

We will continue to work hard at Betcoin Poker to provide you with opportunities to make life changing bitcoin at Betcoin Poker and we thank everyone for their support and wish you all the best of luck!


Impressive cash.  Congrats UncleChau.
legendary
Activity: 3738
Merit: 1108
Betcoin.ag Forum Rep - Sportsbook, Casino
I love this site, at least they ofdfer the best poker site in the whole ecosystem.
Love them!

Thank you for your feedback and it will only continue to get better and better. 
legendary
Activity: 3738
Merit: 1108
Betcoin.ag Forum Rep - Sportsbook, Casino
Betcoin Poker's UncleChau Wins 75 BTC ($29,729.28) in High Five #23

Betcoin Poker congratulations UncleChau for finishing in 4th place in High Five #23 and winning 75 BTC ($29,729.28)


The High Five series was extremely exciting at Betcoin Poker and very profitable for our players. We would like to extend a special congratulations to Betcoino Poker's UncleChau for winning 75 BTC ($29,729.28) when he finished fourth in High Five #23 with the 1,000 BTC ($420,000) GTD prizepool.

We will continue to work hard at Betcoin Poker to provide you with opportunities to make life changing bitcoin at Betcoin Poker and we thank everyone for their support and wish you all the best of luck!
legendary
Activity: 3738
Merit: 1108
Betcoin.ag Forum Rep - Sportsbook, Casino
Biggest betting limit for Australian Open is 620 mbtc? It is too low to compare in previous Grand Slams in your site, or other sites, it was 2000 mbtc I remember, so i think you should increase the betting limit to attract more players, even I am a tennis super fan, i see such low betting limit, I don't desire to bet here, cause too low odds and betting limit.

We have moved this to our sports thread, but as always we certainly appreciate the feedback and definitely please check back. 

https://bitcointalksearch.org/topic/m.13684080
hero member
Activity: 840
Merit: 1000
Biggest betting limit for Australian Open is 620 mbtc? It is too low to compare in previous Grand Slams in your site, or other sites, it was 2000 mbtc I remember, so i think you should increase the betting limit to attract more players, even I am a tennis super fan, i see such low betting limit, I don't desire to bet here, cause too low odds and betting limit.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
Exceptional Value in the High Five Tournament Series - GTD 2,197 BTC

The High Five Tournament Series has yielded exceptional value to Betcoin Poker players.  Get registered today.

https://www.betcoin.ag/betcoin-poker-presents-high-five-tournament-series-gtd-2197-btc

The High Five Tournament Series returns this month to Betcoin.ag on Jan. 20, 2016. This action-packed series will add five extra tournaments per day with total guaranteed prize pools of $840,000 (2,197 BTC). The series comes to a massive conclusion on Jan. 24 at 4 p.m. ET with the $420+$35 buy-in $420,000 GTD Main Event.

This series has something for everyone with buy-ins ranging from $2.20 up to $455 and prize pools varying from $2,500 up to the staggering $420,000 (1,098 BTC) main event.

Among the many different types of tournament formats on offer, players can choose from 4-Max, 6-Max and full ring events. Only a couple of rebuy and add-on events appear in the High Five schedule, but there are plenty of tournaments with late registration and re-entry lasting for five hours.

Turbo events and hyper-turbo events are also included in the High Five Series, as well as knockout tournaments and a couple with mega starting stacks. Omaha players will not be disappointed with the schedule, as four Omaha or Omaha Hi/Lo tournaments are scheduled to take place during the five days of action, with three of the events having $15,000 (40 BTC) guaranteed prize pools.

This is the fifth High Five Tournament Series to date and a great way to launch into the New Year. 2015 was epic for tournament players and 2016 looks to become even bigger for players here at Betcoin Poker.

yeah that information of interest to your users, including me, at least give the best thing for your site of course is important, let's go into it
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