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Topic: ███►BetcoinRakeback.com | 58-83% RAKEBACK [Here ONLY] | ACR WPN Tourneys◄███ - page 23. (Read 100428 times)

legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
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.

legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
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?







legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
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?

legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
It's like you're saying the government is corrupt, therefore that government employee is also corrupt.
 

You're on the right track here, but not quite.  It's more like I'm saying the government is VERY corrupt, and you're an advocate for the people who gets paid to tell the people that the Government is barely corrupt at all.  (which makes you corrupt )


You guys outta be ashamed of yourselves for bringing your filth in this thread.  My players are wondering what is going on with the 3 trolls.  I provide the best EXTRA rakeback out there.  I relay what I am told to you guys.  It's simple as that.

Betcoin pays you a higher commission than other affiliates earn even at the top tier.  Why would they do this?

What do you do that sets you aside from other affiliates?  I can think of only one thing:  You established yourself as a trusted "players advocate" here on Betcoin talk.

One of the good guys, with a good reputation.  Remember?  

You said so yourself:

yes, I'm certainly an advocate for the players

You're not though.

You tell your players what bitcoin wants them to be told.  Sometimes it's the truth, sometimes it's not, who cares though, you're just an affiliate right?

I relay what I am told to you guys.  It's simple as that.
Quote from: Xiaoxiao
I'm not even an employee or staff member

Normal affiliates can earn up to 50% of their players Casino Losses, 35% of Sports Losses, 20% of Dice Losses and 40% of the rake they generate at poker.  

You get more.

All it costs you is a few hours a week and eventually your reputation.  







Quote
Was I the one that caused a programming bug that increased the rake?

No, but you're trying to help them get away with it.



Quote
Did I play a part in that?  

Yes, you're trying to help them get away with it.


Quote
Do you want me to end this service?

I'd prefer you just stop being deceptive and start being completely transparent.


Quote
Stop it and get a life, the 3 of you trolls.

Stop what?  
legendary
Activity: 2030
Merit: 1189
You guys outta be ashamed of yourselves for bringing your filth in this thread.  My players are wondering what is going on with the 3 trolls.  I provide the best EXTRA rakeback out there.  I relay what I am told to you guys.  It's simple as that.

It's like you're saying the government is corrupt, therefore that government employee is also corrupt.  Stop it and get a life, the 3 of you trolls.

Was I the one that caused a programming bug that increased the rake?  Did I play a part in that?  Do you want me to end this service?

You "outta" be ashamed of yourself for being Betcoin's bitch boy. 

You just said it yourself: "I only relay what I am told".  Why not do your own investigations?  Why not support your players?  Why are you trusting what an unethical, shady company is telling you over what your players are asking of you?

If players who trusted you to be their advocate are asking you why you haven't fought for them to get their stolen money back GOOD FOR THEM!  Although we all know that that's a lie, you're just feeling the heat of public outrage and trying to take the heat off of yourself.  "If you guys don't stop asking questions about stolen money, I'm going to leave!"  Stay.  Work for the players.  Do an investigation about how much money was stolen by overraking.  Work to get that money repaid.
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
You guys outta be ashamed of yourselves for bringing your filth in this thread.  My players are wondering what is going on with the 3 trolls.  I provide the best EXTRA rakeback out there.  I relay what I am told to you guys.  It's simple as that.

It's like you're saying the government is corrupt, therefore that government employee is also corrupt.  Stop it and get a life, the 3 of you trolls.

Was I the one that caused a programming bug that increased the rake?  Did I play a part in that?  Do you want me to end this service?
legendary
Activity: 2030
Merit: 1189
Xiao gets paid to bring players to Betcoin.





Betcoin steals from players.



It's literally the exact same blueprint that Betcoin used on these forums last year.

Step 1: Say something off the top of your head, with no proof or logic behind it, that you think makes you look good.

Step 2: Ignore any question or comment, no matter how reasonable, because you can't back up what you said.

Step 3: Bump a post from months and months ago (you can see in the post that he bumped, the BBJ was 6BTC) to try to bury discussion.


When will these business novices learn that running a poker related business takes hard work and dedication.  You can't lie to and hide from your customers because they won't be your customers any longer and all you'll be left with is low volume freeroll grinders and chat box beggars.  If you screw something up, say "hey I screwed that up I'm sorry and I'm going to work to fix it".  If your players need help, help them!
sr. member
Activity: 581
Merit: 250
Thanks! Looks like good place to start my gambling with bitcoins, looks like good site

you're most welcome
sr. member
Activity: 406
Merit: 250
Thanks! Looks like good place to start my gambling with bitcoins, looks like good site
sr. member
Activity: 581
Merit: 250
Xiao gets paid to bring players to Betcoin.





Betcoin steals from players.





Xiao says Betcoin only stole pennies for a brief period





Players show Xiao proof that Betcoin was stealing 10's of Bitcoins for almost a month and a half.





Xiao says Betcoin only stole pennies for a brief period






Players ask Xiao to explain why he keeps saying this.






Xiao tries to play the victim!
Quote
"I'm not even an employee or staff member and you just continue to attack me.  "






Players keep asking why Xiao thinks Betcoin only stole pennies briefly when theres proof that they stole way more for way longer





Xiao posts tutorial on enabling automatic time bank because "People have been upset over the 3 second warning until timeout"







Amazing
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
People have been upset over the 3 second warning until timeout.

I can assure you this is the least of any regulars worries at Betcoin.

The fact that they wont return the rake they stole, for example, is much more serious.  Perhaps if you could explain exactly how you are able draw the conclusion that the amount stolen from any player is so small that it doesn't matter then players would be less upset.

Support doesn't seem to have an answer either, this is how they handled it with one of the highest volume players on Betcoin who signed up under your affiliate link. (emerald vip level mostly from poker)
(read bottom to top)
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
People have been upset over the 3 second warning until timeout.  I know it's an inconvenience, but this is the best advice I can give for the time being:


Click the settings button:





Then select Auto Engage Time Bank:


legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
Betcoin corrected article, says BBJP not paid out.

Now maybe Xiao will get back to answering this question...I hope so.


I don't know the exact numbers, but that amount that Betcoin overraked was minute when you factor in everything I mentioned....  

Twitchy, you said it yourself, that you do believe the issues mentioned were honest mistakes due to incompetency/inexperience and for that we're in agreement here.  But all the libel just needs to stop.

But you don't know how much the "factors that you mentioned" actually played into each player's account, right?  Because since you aren't an employee of Betcoin, you wouldn't be able to see that information, right?  So you are just guessing, right?  And your guess is ill-informed, right?  Because you don't play cash games on Betcoin, right?

Why are you guessing in a way that hurts players and helps Betcoin (and, to an extent, you since you overprofitted from all of these players getting overraked)? 

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

Excellent point...oh wait, you didn't make any.
sr. member
Activity: 433
Merit: 251
Betcoin corrected article, says BBJP not paid out.

Now maybe Xiao will get back to answering this question...I hope so.


I don't know the exact numbers, but that amount that Betcoin overraked was minute when you factor in everything I mentioned....  

Twitchy, you said it yourself, that you do believe the issues mentioned were honest mistakes due to incompetency/inexperience and for that we're in agreement here.  But all the libel just needs to stop.

But you don't know how much the "factors that you mentioned" actually played into each player's account, right?  Because since you aren't an employee of Betcoin, you wouldn't be able to see that information, right?  So you are just guessing, right?  And your guess is ill-informed, right?  Because you don't play cash games on Betcoin, right?

Why are you guessing in a way that hurts players and helps Betcoin (and, to an extent, you since you overprofitted from all of these players getting overraked)? 

Wow you guys need to leave Xiao the fuck alone, everything about this service is amazing.
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
Betcoin corrected article, says BBJP not paid out.

Now maybe Xiao will get back to answering this question...I hope so.


I don't know the exact numbers, but that amount that Betcoin overraked was minute when you factor in everything I mentioned....  

Twitchy, you said it yourself, that you do believe the issues mentioned were honest mistakes due to incompetency/inexperience and for that we're in agreement here.  But all the libel just needs to stop.

But you don't know how much the "factors that you mentioned" actually played into each player's account, right?  Because since you aren't an employee of Betcoin, you wouldn't be able to see that information, right?  So you are just guessing, right?  And your guess is ill-informed, right?  Because you don't play cash games on Betcoin, right?

Why are you guessing in a way that hurts players and helps Betcoin (and, to an extent, you since you overprofitted from all of these players getting overraked)? 
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
The BBJ has just been hit!  More details later on!

It shouldn't have been because there were only two players in the hand and there wasn't a jackpot drop taken.  I know you think that the people who want Betcoin to act ethically are "trolls", but please put aside your personal feelings and stand up for the players.  Please voice your concern for what is right and don't let Betcoin steal ANOTHER 21 coins.

+1
legendary
Activity: 2030
Merit: 1189
The BBJ has just been hit!  More details later on!

It shouldn't have been because there were only two players in the hand and there wasn't a jackpot drop taken.  I know you think that the people who want Betcoin to act ethically are "trolls", but please put aside your personal feelings and stand up for the players.  Please voice your concern for what is right and don't let Betcoin steal ANOTHER 21 coins.
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
The BBJ has just been hit!  More details later on!
legendary
Activity: 1148
Merit: 1000
I would assume he isn't proffiting from it as you say. Since he if above 100% payback on the rake he pays back on an average of what he claims.

Hes obv receiving more of his players rake than he's returning.

However I'm sure like Betcoin and any other casino, poker is a way to get people in the door so they can lose money in the casino and sportsbook.

He's offering 50-190% rakeback. So yes his players get their rake (back) and then some on average. He gets 20%+ of their deposit/play threw/losses. Not sure how the 20% is messured.
legendary
Activity: 2030
Merit: 1189
I would assume he isn't proffiting from it as you say. Since he if above 100% payback on the rake he pays back on an average of what he claims.

So you assume that Xiao is running his affiliate business at a loss?  That's not very realistic.

Let's say, for example, that Betcoin gets 50% of a player's rake, Xiao gets the other 50%.  He gives 40% of that to the player, so he nets 10%.  A player under him plays in 10 pots that should have been raked 2 and were instead raked 5.  So 20 in rake total, he contributed 10.  Betcoin keeps 5, Xiao gets 1, the player gets 4 back.  So he paid 6 total in net rake, 5 to Betcoin and 1 to Xiao.  But under the illegally raised rake, the total rake was 50.  He contributed 25.  Betcoin keeps 12.5, Xiao gets 2.5, the player gets 10 back.  So because of the overraking, the player has now paid (net) 15 where he should have only paid 6.  Of the 9 extra chips that were stolen from the player, Betcoin got 7.5 of them and Xiao got 1.5 of them.  Everyone wins...except for the players.
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