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Topic: ███►BetcoinRakeback.com | 58-83% RAKEBACK [Here ONLY] | ACR WPN Tourneys◄███ - page 22. (Read 100428 times)

legendary
Activity: 2716
Merit: 2093
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You guys realize betcoin has said they will issue refunds on a case by case basis right? Also what do you hope to accomplish here with this crap?

I didn't realize that, where/when did they say this? The last I heard was yesterday Jessica said they had actually been working on it the whole time and would have an update at the end of the week or month.

Does this mean they are only going to refund the players who have tracking software, figure it out themselves, and then request it?

That doesn't seem very fair to everyone else. 
Also, most of those players will be the same rake concsience players who are getting 100+% rakeback already.  The players they owe are the ones most likely to be clueless they were stolen from at all.  In reality, the regs who put in volume will suffer just as if the money were taken directly out of their pocket.

They should just figure out how much they owe each player with the following.

 [(Rake Taken)-(Rake that should of been taken)] - [Rake Back Paid] = Refund


Also what do you hope to accomplish here with this crap?

I hope Betcoin tries to prevent this kind of thing in the future.  Money ending up in the wrong place is just a reality that comes with online poker - it's their job to actively look out for these times so they can immediately return the money to whoever it belongs to.  (Instead of doing nothing for months and then just keeping it bc its most convienient)

I hope other unregulated sites (some of which don't exist yet) are made aware that just because they don't answer to a regulatory third party doesn't mean they can get away with the scummy tactics that Betcoin has been using.  I want unregulated online poker to grow and I think Bitcoin makes it a real possibility.  Betcoin, however, is doing much more damage than good with their lies theft and lack of transparency.





legendary
Activity: 889
Merit: 1000
Wow this is still going? You guys realize betcoin has said they will issue refunds on a case by case basis right? Also what do you hope to accomplish here with this crap? Xaio is very helpful to players. He is the opposite of what you are accusing him/betcoin to be and has always acted transparently and ethically towards his players. Twitchy and donk4u and dark days are way beyond out of line at this point and as has been pointed out in every thread about this subject are clearly mentally ill.

I have stated that betcoins players emails where hacked according to betcoin and betcoin has refused to make a comment on this. You are delusional get help. Xiao is saying wpn owns betcoin, this is an outright lie he has no clue what he is talking about obviously and should not attepmt to interject when he is so missinformed when grownups are speaking.

And what type of customer rep that you know of uses vulgar profanity when speaking to its  customers about getting fucked and an alleged woman customer service rep. You really need help if you think this is all okay and above board.
member
Activity: 60
Merit: 10

Betcoin is owned and backed by WPN 

Not to pile on the people explaining your ignorance to you, but you clearly don't even read the discussion that people are trying to have with you as I've explained how this isn't the case numerous times.

Evasion COUNTERED!

Here are my questions again.  You still haven't answered them.  These are all stemming from something that YOU said.  Why would you make a claim if you are unwilling to answer reasonable questions that stem from that claim?

1. Have you refunded those players?

2. Have you asked Betcoin why they haven't refunded those players?

3.  Have you considered ceasing to refer players to Betcoin since you agree that they act unethically towards their customers, and you are ethically liable...if not criminally...for those players being taken advantage of?

Criminally liable? Wow that has to be one of the dumbest things I've ever heard and reeks of someone who lives in his mom's basement because they are so far on the spectrum they csnt function in society. Thanks for the laugh though.
member
Activity: 60
Merit: 10
Wow this is still going? You guys realize betcoin has said they will issue refunds on a case by case basis right? Also what do you hope to accomplish here with this crap? Xaio is very helpful to players. He is the opposite of what you are accusing him/betcoin to be and has always acted transparently and ethically towards his players. Twitchy and donk4u and dark days are way beyond out of line at this point and as has been pointed out in every thread about this subject are clearly mentally ill.
legendary
Activity: 2030
Merit: 1189

Betcoin is owned and backed by WPN 

Not to pile on the people explaining your ignorance to you, but you clearly don't even read the discussion that people are trying to have with you as I've explained how this isn't the case numerous times.

Evasion COUNTERED!

Here are my questions again.  You still haven't answered them.  These are all stemming from something that YOU said.  Why would you make a claim if you are unwilling to answer reasonable questions that stem from that claim?

1. Have you refunded those players?

2. Have you asked Betcoin why they haven't refunded those players?

3.  Have you considered ceasing to refer players to Betcoin since you agree that they act unethically towards their customers, and you are ethically liable...if not criminally...for those players being taken advantage of?
legendary
Activity: 889
Merit: 1000
Thanks for partaking in this discussion in a civil manner.  I agree with you that there's been many unreliable gaming sites out there in the past, especially the one's you named and not to mention other bitcoin sites that have gone "donk down".  However it's unfair and illogical to say Betcoin will follow the same route.

Betcoin is owned and backed by WPN, one of the larger poker networks out there.  They have no incentive to simply run away with player funds, and I'm sure WPN will not allow it.  They are growing rapidly, and therefore have no incentive to close up shop.  Regarding the other issues you've brought up, they're working on making the platform air tight in every aspect, but I totally agree with you that those things could be improved upon.  They're still an infant company, and there is obviously a lot of improvements to be made.  

Betcoin had its player bases emails hacked and said nothing about it didn't even acknowledge it anywhere. What do you have to say about that? THen different players are getting charged different amount in rake and customer service was as unprofessional as could be. Stick to the facts. Betcoin is NOT owned by wpn it is simply a skin of that network stop spewing lies please?
legendary
Activity: 2716
Merit: 2093
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Thanks for partaking in this discussion in a civil manner.  I agree with you that there's been many unreliable gaming sites out there in the past, especially the one's you named and not to mention other bitcoin sites that have gone "donk down".  However it's unfair and illogical to say Betcoin will follow the same route.

Betcoin is owned and backed by WPN, one of the larger poker networks out there.  They have no incentive to simply run away with player funds, and I'm sure WPN will not allow it.  They are growing rapidly, and therefore have no incentive to close up shop.  Regarding the other issues you've brought up, they're working on making the platform air tight in every aspect, but I totally agree with you that those things could be improved upon.  They're still an infant company, and there is obviously a lot of improvements to be made. 

WPN does not own Bitcoin or Back them.

Betcoin is a part of the "Winning Tournament Network", which means they licensed the software and are allowed to sell tickets to some of the tournaments offered by WPN.

This is what the tournament director of WPN had to say about Betcoin:



What did Betcoin have to do to join the WTN?

Excellent question, they had to follow these 3 easy steps!




Quote
not to mention other bitcoin sites that have gone "donk down"

Micon would be disgusted with your behavior btw. 

I think you know how shitty it is what youre doing and hope you eventually come around back from the dark side.
legendary
Activity: 2716
Merit: 2093
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2/15/16 Attention: Currently there are ~400 satisfied users under this 40% additional rakeback program and 10,000 - 60,000 satisfied users at Betcoin.  This is here to stay!

Please don't let a few disgruntled users (TwitcySeal and 1 or 2 other users) disuade you from this service.  They have a problem with Betcoin management, and have decided to hijack this thread. How a few from the poker community feel about Twitchy and company:

Wow twitchy and the other trolls have to be some of the biggest dumbest trolls on the internet. Xaio provides a service and provides it very well. He can't do anything about what you are complaining about. He has also shown himself to be of high character with regsrd to the players over and over. I guarantee I've paid more rake to betcoin than anyone here and I don't feel slighted at all. They offer the best rb and xaio is a credit to the players. Continuing to nag him about this is pointless and just makes this thread unbearable.

Wow you guys need to leave Xiao the fuck alone, everything about this service is amazing.

You guys need to lay off, he is just an affiliate. If you have a problem with Betcoin, take it up with Betcoin. It's not his fault and there is nothing he can do about it even if he wanted to.

Is it possible to signup with an existing account? I just created my account like an hour ago and already made a deposit and played a tiny amount. Will they let me be tracked to an affiliate or it's too late? Can I just make a new account?

Yes, why you don't start your own thread instead of filling this thread with garbage.  You clearly have mental problems as many people have stated.  Start your own thread and say whatever you want.

I'm not trying to dissuade anyone from your service.  In fact, my advice to anyone thinking about signing up at betcoin is:



Quote
1) Keep detailed records of all rake paid especially WPN tournament fees, Poker Tracker or HEM2 is a must, it will only be a matter of time before you are missing funds due to a bug or something and for poker Betcoin offers no financial history other than raw HHs and rakeback already paid.  If your missing money, don't expect support to be able to figure out what or why something went wrong, they are completely incompetent when it comes to all things poker.  You have to tell them exactly how much they owe you and why.  They will usually just pay you as long as you haven't pissed them off.

2) Bump the hell out of tickets.  They misuse the CS support ticket system.  If a request annoys them for some reason, you will be ignored at least until you "bump" your ticket once or twice.  If they haven't responded in a day or so, they are probably hoping you will just forget about it all together.

3) If you make a friend at the tables or in chat, they're probably going to try and scam you.  There are several well known online poker scammers who have been scamming for the past 10+ years and Betcoin is the only site that hasn't banned them.  They are allowed to make staking/loan threads every day and bump them in chat as often as they want till someone eventually falls for it and sends them money.  Next day, they start all over without consequence.  

4) Andrew is usually wrong, just pretend you think he's right.  

5) Make sure you sign up through Xiaoxiao, he worked out a deal with Betcoin so that they pay every other affiliate a smaller commission.  He offers 40% but actually pays closer to 38%.  (Also, he may tell you hes an "advocate for the players" but really he's just another shill that has chosen to be a little bitch who puts his income before his dignity)  If you've already signed up and dont know who your affiliate is, talk to support.  You may have to face the ethical dilemma of choosing to get less rake-back than most regs for the rest of your life or creating a second account.


Feel free to use any of this for your OP.  (Don't worry about giving me credit, I know Betcoin would not allow you to)
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
Thanks for partaking in this discussion in a civil manner.  I agree with you that there's been many unreliable gaming sites out there in the past, especially the one's you named and not to mention other bitcoin sites that have gone "donk down".  However it's unfair and illogical to say Betcoin will follow the same route.

Betcoin is owned and backed by WPN, one of the larger poker networks out there.  They have no incentive to simply run away with player funds, and I'm sure WPN will not allow it.  They are growing rapidly, and therefore have no incentive to close up shop.  Regarding the other issues you've brought up, they're working on making the platform air tight in every aspect, but I totally agree with you that those things could be improved upon.  They're still an infant company, and there is obviously a lot of improvements to be made. 
full member
Activity: 142
Merit: 111
2/15/16 Attention: Currently there are ~400 satisfied users under this 40% additional rakeback program and 10,000 - 60,000 satisfied users at Betcoin.  This is here to stay!

Please don't let a few disgruntled users (TwitcySeal and 1 or 2 other users) disuade you from this service.  They have a problem with Betcoin management, and have decided to hijack this thread.

I think I pretty clearly stated the problems I have with Betcoin: their lack of security, lack of customer service, and insecure code. I don't have an axe to grind with Betcoin management, and if they choose to rectify these issues, I would consider playing there again. I am simply stating that people should make their own decisions about whether to play on Betcoin after carefully looking at the facts rather than getting swept up in the hype.

If bitcointalk didn't exist, I would have never known about half of the problems people were having with the site. Just do your own research and don't get distracted by the endless signature banners, BIG TEXT, and colored fonts.

I heard that Mt. Gox was super trustworthy as well. Poker Dominicano had some ridiculously great promotions, too, before they flew by night, not to mention Lock Poker, Full Tilt, Juicy Stakes, Poker Spot, Ultimate Bet...
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
2/15/16 Attention: Currently there are ~400 satisfied users under this 40% additional rakeback program and 10,000 - 60,000 satisfied users at Betcoin.  This is here to stay!

Please don't let a few disgruntled users (TwitcySeal and 1 or 2 other users) disuade you from this service.  They have a problem with Betcoin management, and have decided to hijack this thread. How a few from the poker community feel about Twitchy and company:

Wow twitchy and the other trolls have to be some of the biggest dumbest trolls on the internet. Xaio provides a service and provides it very well. He can't do anything about what you are complaining about. He has also shown himself to be of high character with regsrd to the players over and over. I guarantee I've paid more rake to betcoin than anyone here and I don't feel slighted at all. They offer the best rb and xaio is a credit to the players. Continuing to nag him about this is pointless and just makes this thread unbearable.

Wow you guys need to leave Xiao the fuck alone, everything about this service is amazing.

You guys need to lay off, he is just an affiliate. If you have a problem with Betcoin, take it up with Betcoin. It's not his fault and there is nothing he can do about it even if he wanted to.

Is it possible to signup with an existing account? I just created my account like an hour ago and already made a deposit and played a tiny amount. Will they let me be tracked to an affiliate or it's too late? Can I just make a new account?

Yes, why you don't start your own thread instead of filling this thread with garbage.  You clearly have mental problems as many people have stated.  Start your own thread and say whatever you want.
legendary
Activity: 2716
Merit: 2093
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Like I said I am relaying what is told to me.  Fundamentally speaking we are in agreement here Twitchy.  However you overrate my ability to sway management.  There's absolutely nothing I can do about it.  That's pretty obvious.  If there was something I can do, then I would be part of management rather than a service provider.  Could we end this discussion now?

Enough with the "Don't shoot the messenger" BS. I know you aren't an idiot, so quit acting like such a dolt.

If Betcoin tells you something you think is BS, here's what you post:

"This is what Betcoin told me, I think it's BS though and this is why..."

If Betcoin tells you to lie, don't.

If you realize Betcoin accidentally stole from players, you tell them to give it back asap so you don't have to warn players about them.

If know Betcoin doesn't give a fuck about lying and stealing from players,

YOU DONT POST SHIT LIKE THIS:

Some of the benefits of playing at Betcoin:

-Insane rewards (especially if you've registered via this service)

-Huge tournament fields and prizepools because of WPN shared tournaments

-The best ongoing promotions!

-Active community forum and chat allowing instant communication with support AND other players

-Incredible security; 2FA, system monitoring of outliers and abnormal activities (such as multi-accounting and collusion)

-Increasing staff and support

-Constant improvement of platform (stay tuned for incredible new features)


Finally, it is clear support is working arduously to improve the platform and ensure everyone's safety.  Therefore I urge everyone to be patient when demanding something.

Take care and GL!

I can only imagine the amount of money you are making for such little work so I have little chance of pursuading you to risk it by doing the right thing, but I will continue doing what I'm doing as long as Betcoin refuses to accept responsibility for their decisions.

full member
Activity: 142
Merit: 111
You don't know what slander or libel means.  Stop using those words.  You are only making yourself look dumber.

I asked you three simple questions, all based on a comment that YOU made!  Why do you keep saying things off the top of your head and then ignoring any or all of the questions that those comments bare?  

Here are those questions again:

1. Have you refunded those players?

2. Have you asked Betcoin why they haven't refunded those players?

3.  Have you considered ceasing to refer players to Betcoin since you agree that they act unethically towards their customers, and you are ethically liable...if not criminally...for those players being taken advantage of?

I'll go ahead and put words in xiao's mouth just to end this stupidity. Obviously, the answers to questions 1, 2, and 3 are NO, otherwise he would have answered them quickly and transparently.

I agree with Betcoin Jessica. There are plenty of other places to play, and people should play on sites where they are comfortable that the games are clean and they aren't getting systematically ripped off (or if it happens inadvertently, have confidence that they'll get reimbursed). I will continue giving these other less shady sites my business until Betcoin upgrades their security, code, and customer service to at least the industry standard. I withdrew the majority of my roll from Betcoin when the news of the database hack surfaced, and just now withdrew the remainder. GG
legendary
Activity: 2030
Merit: 1189


Slander/libel/trolling/cluelessness in full effect here.  You keep putting words in my mouth.  I was patient enough to respond to you all this time.  I'm certainly done responding to you now.

It's clear you have a vendetta against Betcoin and your wish/goal is for the entire Betcoin company to crumble to ashes and along with it the tens of thousands of players that depend on the site for gaming, work, entertainment, and friendship/fellowship.

You don't know what slander or libel means.  Stop using those words.  You are only making yourself look dumber.

I asked you three simple questions, all based on a comment that YOU made!  Why do you keep saying things off the top of your head and then ignoring any or all of the questions that those comments bare? 

Here are those questions again:

1. Have you refunded those players?

2. Have you asked Betcoin why they haven't refunded those players?

3.  Have you considered ceasing to refer players to Betcoin since you agree that they act unethically towards their customers, and you are ethically liable...if not criminally...for those players being taken advantage of?
legendary
Activity: 889
Merit: 1000
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
Like I said I am relaying what is told to me.  Fundamentally speaking we are in agreement here Twitchy.  However you overrate my ability to sway management.  There's absolutely nothing I can do about it.  That's pretty obvious.  If there was something I can do, then I would be part of management rather than a service provider.  Could we end this discussion now?

So you are in agreement that Betcoin has stolen tons of money from it's customers?  By being a major affiliate, you must then agree that you have been the recipient of some of those ill-gotten funds, right?  Since you receive a % of the rake of your refereed players, if those players had too much raked from them you received more than you should have and that came directly from the player.  I showed an easy to follow example of this a few days ago.  Have you refunded those players?  Have you asked Betcoin why they haven't refunded those players?  Have you considered ceasing to refer players to Betcoin since you agree that they act unethically towards their customers, and you are ethically liable...if not criminally...for those players being taken advantage of?

Instead of glossing over criticism and half-answering one question posed, I'd appreciate if you actually answer the questions.  Even if you don't flesh out your answers, a simple yes/no will greatly help players, both new and prospective, see where you stand on issues ethically.  Here they are again:

1. Have you refunded those players?

2. Have you asked Betcoin why they haven't refunded those players?

3.  Have you considered ceasing to refer players to Betcoin since you agree that they act unethically towards their customers, and you are ethically liable...if not criminally...for those players being taken advantage of?

Slander/libel/trolling/cluelessness in full effect here.  You keep putting words in my mouth.  I was patient enough to respond to you all this time.  I'm certainly done responding to you now.

It's clear you have a vendetta against Betcoin and your wish/goal is for the entire Betcoin company to crumble to ashes and along with it the tens of thousands of players that depend on the site for gaming, work, entertainment, and friendship/fellowship.
legendary
Activity: 2030
Merit: 1189
Like I said I am relaying what is told to me.  Fundamentally speaking we are in agreement here Twitchy.  However you overrate my ability to sway management.  There's absolutely nothing I can do about it.  That's pretty obvious.  If there was something I can do, then I would be part of management rather than a service provider.  Could we end this discussion now?

So you are in agreement that Betcoin has stolen tons of money from it's customers?  By being a major affiliate, you must then agree that you have been the recipient of some of those ill-gotten funds, right?  Since you receive a % of the rake of your refereed players, if those players had too much raked from them you received more than you should have and that came directly from the player.  I showed an easy to follow example of this a few days ago.  Have you refunded those players?  Have you asked Betcoin why they haven't refunded those players?  Have you considered ceasing to refer players to Betcoin since you agree that they act unethically towards their customers, and you are ethically liable...if not criminally...for those players being taken advantage of?

Instead of glossing over criticism and half-answering one question posed, I'd appreciate if you actually answer the questions.  Even if you don't flesh out your answers, a simple yes/no will greatly help players, both new and prospective, see where you stand on issues ethically.  Here they are again:

1. Have you refunded those players?

2. Have you asked Betcoin why they haven't refunded those players?

3.  Have you considered ceasing to refer players to Betcoin since you agree that they act unethically towards their customers, and you are ethically liable...if not criminally...for those players being taken advantage of?
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
Like I said I am relaying what is told to me.  Fundamentally speaking we are in agreement here Twitchy.  However you overrate my ability to sway management.  There's absolutely nothing I can do about it.  That's pretty obvious.  If there was something I can do, then I would be part of management rather than a service provider.  Could we end this discussion now?
legendary
Activity: 2716
Merit: 2093
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Twitchy, you're going on a non stop libeling rampage again.  I relayed to you what I'm told at Betcoin regarding the issues you've brought up.  I don't have to tell you what % I get or my address, or my passport #.  See where I'm going with this?

We both have the freedom to say pretty much whatever we want, let's just have a simple yet rational conversation about the way Betcoin is behaving ok?


I think we agree that Betcoin over raked their cash games last November/December

We disagree on how much they took and how long it went on.


Betcoin has maintained that the period was only 3-5 days and they feel no financial obligation.

I think it was happening for somewhere between 40-42 days for a very substantial amount, much more than 10 Bitcoin.  I also went into great detail explaining exactly how I came up with this conclusion while taking all the promos and rakeback into consideration.  I also shared evidence I gathered to back up my claim.  (Im not gonna repost it all since its ITT already, let me know if you can't find any part/I wasn't clear/somethings missing)

You have described it as a "brief period" for a "minuscule amount."  And so far have refused to elaborate.  


Do you still believe this is true?  If so, why? How are we coming to such different conclusions?


If you think any of my calculations are wrong or you find any sort of issue, i'm interested in your opinion.

What am I missing?

Do you think I could be right?









Like I said you failed to consider the multiple types of RAKEBACK that players received; some were prop players and hence received 100%+ rakeback.  Other players, such as those under this program, received 50-190% rakeback throughout that period.  In essence, both of these groups could be considered prop players to a certain degree.  And then you did not calculate the normal VIP/affiliate rakeback of the players.  When you factor in everything, the amount is minuscule.




I am absolutely considering these players Xiao and I've said before, players obv shouldn't be entitled to any refund for hands played while they were receiving 100%+ rakeback.

What about the rec players?

Random Rec player  that has no idea who is affiliate is and only has time to play about 5 hours a week. 

He has a 5 bitcoin and set some goals or somthing.  trying to grind it up playing 1 or 2 tables of 200NL HU.

From October 30 - Dec 10 he played 5000 hands.

During that time, every pot over 200 chips that he won - Betcoin accidentally steals 4 chips from him.

Every 100 chip pot, they take 1.5 chips from him.

Any pot over 40 chips, Betcoin accidentally steals a little bit from him.

Do you think after the 5000 hands, this will add up to a minuscule amount for this player?



What about random degen who hits a slot jackpot and decides to sit at 25/50 to play a bumhunter for an hour.

During the over rake period, Betcoin would have taken over 140 chips from him without him ever noticing.

This went on from OCTOBER 30 to DECEMBER 10! 

I stopped bitching about the money Betcoin owes me long ago, and they probably would of paid me by now if I would just be quiet about all the people they rob who HAVE NO CLUE

I'm going to repost 2 screen shots.   Please try not to look at them like were just a bunch of fucking idiots. Unlike most users on this site, this isn't players complaining in hopes of a freebies.   


(Start from Bottom)






legendary
Activity: 2030
Merit: 1189
Like I said you failed to consider the multiple types of RAKEBACK that players received; some were prop players and hence received 100%+ rakeback.  Other players, such as those under this program, received 50-190% rakeback throughout that period.  In essence, both of these groups could be considered prop players to a certain degree.  And then you did not calculate the normal VIP/affiliate rakeback of the players.  When you factor in everything, the amount is minuscule.



Betcoin utilized prop players in late 2015?  What were these players names? 

Also, you aren't showing any proof of anything.  You are saying "some players were prop players, some players got rakeback, so the amount stolen is very small".  But you don't know that.  You are guessing.  The fact is, the number of being on TSR is very very small.  As I said, based on my database and observing skills, it's FAR under 10% of the player pool.  Tier RB caps at 50%, and most players, even daily players, are around/under 30%.  The logic says that the amount stolen is very very large and not at all "minuscule".  If you are trying to counter that logic, you have to show proof otherwise it looks like you're just toeing the ole company line...and being left out to dry.
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