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Topic: ███►BetcoinRakeback.com | 58-83% RAKEBACK [Here ONLY] | ACR WPN Tourneys◄███ - page 26. (Read 100394 times)

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


legendary
Activity: 2688
Merit: 2071
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Good Morning!

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".  

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?





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.

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.



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



sr. member
Activity: 581
Merit: 250
No it is certainly not okay to keep anything you are not entitled to.  With that said, I can see what support meant when they said it wasn't really over raked (net gain) because many people benefited from higher rake due to the rewards they got.  So those people are technically not entitled to the higher rewards either.

So for example if you are getting 100% tablestarter RB + VIP + Affiliate RB, you'd obviously be happy if the rake was as high as possible.  At any rate, this was a tough call and support had to make a tough decision.

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

You're welcome to use this thread as a platform to voice your displeasure.  However a lot of your assumptions and claims are based on misunderstandings.  For example, did you know that Table Starter rakeback isn't the only way players were receiving greater than 100% rakeback? So that is why I mentioned deducting from players' accounts because of the increase in rake.  Anyway, I am done partaking in this discussion.  This isn't the 1st time you've tried belittling me and educating me on something I probably know much more about than you.  


So you aren't going to answer any claim I make because I said boo-boo naughty words?  Because I'm educating you on things that you've never responded to or shown any knowledge about?  Once again, you are being illogical and ignoring everything that I'm saying.

Betcoin overraked it's players on nearly 600,000 hands.  Do you agree or disagree with that statement.  If you disagree: why?  If you agree: what do you think they should do to compensate it's players?  What are you doing, as an affiliate FOR the players, to advance their positions?

I've always bargained for the highest percentages for my players.  I think my players from both the online community and IRL are more than satisfied with the services I provide.  If you want I can ask them to let you know what I've done for them in the past, and it's not just paying out RB.  I keep constant communication with a lot of my players via other mediums such as email or messenger.

Regarding everything else you've said.  No, I totally disagree with your claims.  The rake did go higher briefly but was corrected.  Why did that happen?  Probably miscommunication.  Was it a cash grab?  Absolutely not, and even if it was, it totally failed.  Like I said, during the period of which it went higher, Betcoin made no monetary gains from it because of the >100% RB players, VIP, Table Starter, etc.  Yes, some players received 100% rakeback (a program which has ended now) + VIP rakeback + all other promo's.  So the higher the rake, the more they made.

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:

Quote
The rake did go higher briefly but was corrected.  

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:


Quote
Regarding everything else you've said.  No, I totally disagree with your claims.

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

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.
sr. member
Activity: 581
Merit: 250

You're welcome to use this thread as a platform to voice your displeasure.  However a lot of your assumptions and claims are based on misunderstandings.  For example, did you know that Table Starter rakeback isn't the only way players were receiving greater than 100% rakeback? So that is why I mentioned deducting from players' accounts because of the increase in rake.  Anyway, I am done partaking in this discussion.  This isn't the 1st time you've tried belittling me and educating me on something I probably know much more about than you. 


So you aren't going to answer any claim I make because I said boo-boo naughty words?  Because I'm educating you on things that you've never responded to or shown any knowledge about?  Once again, you are being illogical and ignoring everything that I'm saying.

Betcoin overraked it's players on nearly 600,000 hands.  Do you agree or disagree with that statement.  If you disagree: why?  If you agree: what do you think they should do to compensate it's players?  What are you doing, as an affiliate FOR the players, to advance their positions?

I've always bargained for the highest percentages for my players.  I think my players from both the online community and IRL are more than satisfied with the services I provide.  If you want I can ask them to let you know what I've done for them in the past, and it's not just paying out RB.  I keep constant communication with a lot of my players via other mediums such as email or messenger.

Regarding everything else you've said.  No, I totally disagree with your claims.  The rake did go higher briefly but was corrected.  Why did that happen?  Probably miscommunication.  Was it a cash grab?  Absolutely not, and even if it was, it totally failed.  Like I said, during the period of which it went higher, Betcoin made no monetary gains from it because of the >100% RB players, VIP, Table Starter, etc.  Yes, some players received 100% rakeback (a program which has ended now) + VIP rakeback + all other promo's.  So the higher the rake, the more they made.

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:

Quote
 The rake did go higher briefly but was corrected.  

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:


Quote
Regarding everything else you've said.  No, I totally disagree with your claims.

You disagree with the facts that have proof?  Show some facts then please.
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
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!

All payments have been processed.  Apologies for the slight delay and please take care!
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
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!
legendary
Activity: 1162
Merit: 1002
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, 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?

Hi sure,

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

...........
...........
...........


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

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.
member
Activity: 136
Merit: 10
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
The High Five Tournament concludes today with:



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

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?

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

Certainly, have a good one!
tyz
legendary
Activity: 3360
Merit: 1533
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 Smiley

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?

Confirmed.  There isn't a minimum rake one has to reach before getting paid.  Take care!
newbie
Activity: 18
Merit: 0
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
legendary
Activity: 2688
Merit: 2071
Join the world-leading crypto sportsbook NOW!
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, 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?

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:

Quote
The rake did go higher briefly but was corrected.


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. 
Code:
Winning Poker Network Game #10045514: No Limit Holdem ($0.50/$1) [2015/11/11 15:03:19 UTC]
Table: Stockholm
Seats: 6
Seat 1: Uphillbean ($43.02)
Seat 3: jawhartn ($68.15)
Seat 4: SunSeeker ($177.83)
Seat 5: OHYEAH ($146.66)
Seat 6: ungod ($100)
Button is seat 5
ungod: posts small blind $0.50
Uphillbean: posts big blind $1
*** HOLE CARDS ***
OHYEAH: dealt [9c Ac]
jawhartn: folds
SunSeeker: raises $3
OHYEAH: raises $14
ungod: folds
Uphillbean: folds
SunSeeker: raises $23
OHYEAH: calls $12
*** FLOP *** [Tc Ts 2c]
SunSeeker: bets $51
OHYEAH: raises all-in $120.66
SunSeeker: calls $69.66
*** TURN *** [Tc Ts 2c] [Qh]
*** RIVER *** [Tc Ts 2c] [Qh] [6d]
*** SUMMARY ***
Pot: $288.81 | Rake: $6 | BBJ: $0.01 |
Board: [Tc Ts 2c Qh 6d]
Seat 1: Uphillbean lost -$1
Seat 3: jawhartn didn't bet
Seat 4: SunSeeker won $288.81 (+$142.15) [Js Jd] Two Pair, Jacks and Tens
Seat 5: OHYEAH lost -$146.66 [9c Ac] One Pair, Tens
Seat 6: ungod lost -$0.50



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:

Quote
during the period of which it went higher, Betcoin made no monetary gains from it because of the >100% RB players, VIP, Table Starter, etc.

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

Confirmed.  There isn't a minimum rake one has to reach before getting paid.  Take care!
tyz
legendary
Activity: 3360
Merit: 1533
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?
legendary
Activity: 1162
Merit: 1002
Betcoin overraked it's players on nearly 600,000 hands.  Do you agree or disagree with that statement.  If you disagree: why?  If you agree: what do you think they should do to compensate it's players?  What are you doing, as an affiliate FOR the players, to advance their positions?


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

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?
legendary
Activity: 2030
Merit: 1189
Betcoin overraked it's players on nearly 600,000 hands.  Do you agree or disagree with that statement.  If you disagree: why?  If you agree: what do you think they should do to compensate it's players?  What are you doing, as an affiliate FOR the players, to advance their positions?


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. 
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