Topic: ███►BetcoinRakeback.com | 58-83% RAKEBACK [Here ONLY] | ACR WPN Tourneys◄███ - page 26. (Read 100428 times)

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!

Good Morning!


I know there were some regs getting 100% rakeback for the past 10+ months, some of those accounts are now gone, but that was by no means a promotion and certainly no excuse to not return what they took from those who did not receive 100%+ rakeback.

What promotion are you talking about?

What's the point of being intentionally vague?






I agree they are inexperienced, but you really don't seem to be looking at the big picture XiaoXiao.  Either that or you really just dgaf, which would be fine - if it weren't for all the BS you are posting about them in this thread while choosing to "disagree"/ignore all the evidence that I've presented.

The issue is NOT that Betcoin accidentally over raked their cash games.

It's because after they realized they were over raked their cash games, they pretended like they didn't know for a while,they lied about it and eventually admitted to it (sort of) then refused to return the money (sort of)  In the thread discussing this, they deleted the posts made by unhappy players and left those who complimented betcoin.  No doubt there will be players who find the thread and have no reason to assume anything other than "problem solved everyone happy"  That's just fucked up.

Good morning everyone!  The BBJ has crossed 21,000 mBTC.  Also please take advantage of the hundreds of tournaments available each week.  Sundays are the best, however.

I don't know of any other promotion to get 100% back, unless you mean the few prop player accounts that were always were getting it from working something out privately with betcoin, but this wouldn't be a a promotion, it would just be a private arrangement. 

So are you being intentionally vague about it?

By the way, do you think its ok to to over charge some players as long as they over pay other players more? (it's not)

This isn't about humility and i am not a kid.  This is about ethics.  There's a reason betcoin ignores so many people, you act the same more and more it seems.

You stick with betcoin as long as you get your cut of everyone who siged up to play poker and dumped it in sports or casino.  I hope its a big one.  Maybe i would do the same who knows, but i sure would not be defending them like you are.  So just be quiet and enjoy the money they give you instead of defending them like you dont see all the proof of whats happening.

You misread my reply and then tried to build off of that.  I didn't say Betcoin raked less because of the table starter bonus; there was ANOTHER 100% RB program which you probably didn't know about which has ended now, but you just assumed I was talking about the table starter bonus when I mentioned "100% RB program".  Humility goes a long way in life kid.

It's good that you're wary and alert regarding the operation of online poker rooms.  I know there's been a lot of cases of awful things happening such as the UB/Absolute incident and also Lock Poker among others, but this current debacle is almost like a witch hunt.  I can assure you that the people at Betcoin were simply inexperienced with poker room management and had no ill intent when they made the error.

Wow what world do you live in?


They over rake for a month, then they dont return anything and announce a rake increase.  The way you see this:


You think the more betcoin rakes the less they earn because of table starter bonus?  Are you crazy person? 


My favorite part is after you tell us how honest and what a great affiliate you are (that doesnt return any casino or sports earnings) you say:



You disagree with the facts that have proof?  Show some facts then please.

All payments have been processed.  Apologies for the slight delay and please take care!

Over half way done with processing rakeback.  Will finish the rest when I'm back in town by tomorrow night at the latest.  GL everyone and take care!

Thank you, spent some time reading it all.

Agree, they are overaking. And refusing to give some logical explanation, deletion Dooglus post and their silence, this is making them very shady in my eyes.

I will try it 😃

The High Five Tournament concludes today with:

Certainly, have a good one!

Thanks, great! Could you please send me a screenshot about my rake on the next payment day (just once)? I want to see how it looks like

I played on the promotional tables raked .... About a month and then I was accused of cheating because I only played on the promotional tables (and where I still play ??)) and with only one player ???That I would not let someone at the table !!? I blame that 7-13 time is a pool of players 13 players ??! making your bankroll around $ 112, it is easier to block than you pay !! Yes, blame !!Posted in customer support, still silent. Dear players and forum users, please refrain from registration in the poker room to resolve the situation .. Since it seems that we have lured Rakeback tables. People who really really play them from 2-3 hours are scams with the words of the administration ... !!!! An account is blocked with all your means! Good action does not seem to you ?!
https://bitcointalksearch.org/topic/betcoinag-blocks-of-players-who-play-with-fish-or-a-new-promo-1335914

I can actually amend the time frame as I found some hands today from 11/11 that were over raked. 
(Previously I only had proof this was happening as early as 11/14)


Hi sure,

First of all there are two variables that will affect how much rake is taken in a cash game: Percentage and Cap.

The percentage is determined before the hand and based on the number of players dealt in as well as the stakes (size of the blinds).

The Cap is the maximum amount that may be taken from any pot, no matter what the size is.  It's also determined by number of players and stakes, but only affects hands where the pot is large enough that the percentage is greater than the cap.

In lower stakes games, the percentage is a much bigger factor on total rake than cap. 

As you increase the stakes, the cap will influence the total rake more and more, to the point where it's really the only thing that matters (example:  25/50 NL, 2.5% rake with a cap of 2.  They will just be taking 2 every time a flop is dealt.)

I should also mention, only hands that see a flop are raked.  "No flop, no drop"

Betcoin used to advertise a very low rake structure. You can see what it used to be HERE

Sometime on or before November 11th, something happened which cause the cap to increase significantly.  On November 14th, it was brought to Betcoins attention, you can see the post for yourself HERE .  They did nothing about it until December 9th.  Their solution was to increase the cap all around, and remove it completely from HU tables (without any warning or effort to notify after).

This is how XiaoXiao summed all of that up, btw:



Examples:

• Heads up tables which should of had a cap of 1 chip were having up to 5 chips taken.  Every pot that was over 40 chips were being over-raked.
• Tables with 5+ players that should of had a cap of 2 chips were being capped at 6 chips instead.  The winner of every pot over 80 chips

This


This hand history text is from November 11th and the screen shot is from December 9th, over 4 weeks later.  They both had 6 chips taken, only 2 should have been. 



I believe a significant ammount of Betcoin was taken by Betcoin from these mid stakes, non HU cash games.  I think much much more was taken from the heads up tables.

This Screen Shot is also from December 9th, a high stakes HU match which should have had it's rake capped at 1 chip per hand (any time they saw a flop, the cap was met). 

Instead Betcoin was taking 5 chips, 4 EXTRA chips EVERY flop...for FOUR WEEKS.  HU games can easily get in 100+ hands an hour and see flops 75% of the time or more...





Xiao claims:


This is total Bull Shit, and I can't imagine how any would believe this unless they didn't understand how the system works, or they just so badly wanted it to be true that they somehow convinced themselves it was.

On average, less than two players per table will be eligible for over 100% rakeback at any time. 

0% of players receive 100% rakeback at Heads Up tables.

They are a MINORITY.

Even if these players each got 1,000% rake back, it wouldn't mean Betcoin shouldn't be responsible for every last chip of every last player that had money taken from them that shouldn't have been taken.


Dooglus seems to be one of the more trusted members around here and I think the way he phrased his question to Betcoin was good:



Betcoin deleted the post without ever responding.  It was posted in THIS THREAD Check it out and notice from the last couple posts it appears everyone is happy and all issues resolved.



https://www.betcoin.ag/ring-game-rake-testers-needed

Confirmed.  There isn't a minimum rake one has to reach before getting paid.  Take care!

I signed up using your referral link. Please confirm my registration.

Btw, is there a minimum rake to reach in order to get paid from you?

I asked a question.  What about my claim ("Betcoin overraked it's players on nearly 600,000 hands. ) do you disagree with?  Did Betcoin overrake pots?  YES!  It's been proven!  The fact that a small number of people were able to (and an even smaller number took advantage of) get most, all, or more than that amount of rake back is irrelevant. 
[/quote]

Hi, could you please give me some more proofs/statements about this.
It's quite interesting because rake is usually set as % and I'm curious how they overraked over 600K hands. Is it because of their huge RB promos?

Regarding everything else you've said.  No, I totally disagree with your claims.
[/quote]

I asked a question.  What about my claim ("Betcoin overraked it's players on nearly 600,000 hands. ) do you disagree with?  Did Betcoin overrake pots?  YES!  It's been proven!  The fact that a small number of people were able to (and an even smaller number took advantage of) get most, all, or more than that amount of rake back is irrelevant.