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Topic: ███►BetcoinRakeback.com | 58-83% RAKEBACK [Here ONLY] | ACR WPN Tourneys◄███ - page 27. (Read 100394 times)

legendary
Activity: 2688
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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.

This isn't a personal attack on you.

You've chosen to affiliate yourself with Betcoin and promote their services. 

I realize you are probably in a tough spot with all this passive income coming your way and not wanting to piss them off - that doesn't make it ok to just pretend like they are running things honestly.

Once again it seems like you've barely read a word of my time line and explanation...




Quote from: Xiaoxiao
The rake did go higher briefly but was corrected. 

They knew about it on 11/14 and did nothing about it untill 12/9 (asked for "rake testers") and then increased the official rake.  I've proven this several times already. Thats more than 3 weeks and nearly 600,000 hands.  "Briefly?" 



Quote from: XiaoXiao
Why did that happen?  Probably miscommunication.  Was it a cash grab?  Absolutely not, and even if it was, it totally failed. 

Very likely it was just an honest mistake to begin with.  If only they just returned the money, it still would be.



Quote from: XiaoXiao
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.

This is a ridiculous assumption.  Almost as ridiculous as claiming it would take hundreds of man hours to process the refunds.  I would bet they EASILY took over 10 bitcoins in rake they were not entitled to and already explained why, did you read it? https://bitcointalksearch.org/topic/m.13581711
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
The Hi-5 Tournaments continue today.  Great structure and setup.  Get in now!
legendary
Activity: 1274
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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.
legendary
Activity: 2030
Merit: 1189

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?
legendary
Activity: 1274
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legendary
Activity: 2030
Merit: 1189

 Just take a look at the PokerStars brand and the changes they've made....  

Those changes were universally reviled both for their underhandedness in implementation and short sighted nature of Stars' cash grab.  That is a bad example to use.


Quote
 However, considering how low the rake was before AND how much rewards players got, changes were inevitable and needed to be done.

First off, that's illogical.  Raising the rake because one or two people per table could receive extra rewards doesn't make sense...if it's costing you money, you cut the rewards (just...like...Stars did.  Remember what you said like one sentence ago?).  The fact of the matter is, the player base is so unintelligent that many players were NOT taking advantage of the bonus rewards.  Go lobby watch for a few hours, you'll see a ton of people joining and leaving a table before an hour is up, joining as the third man on a table when a HU table is open, or playing on HU tables when they could open a 6 or 9 max table and get extra rewards.  Seriously, nearly nobody is taking advantage of the rewards and the few that do are starting games...which is what the rewards were designed to do, which makes Betcoin money!

So that whole argument is illogical and wrong.  The 'change' that is inevitable is that Betcoin needs more players who are going to play poker.  Or they will fail.  Scumming active players isn't going to accomplish that.



Quote
 Right now everything is transparent and I don't see what the problem is.

The problem is that Betcoin overraked 600,000 hands.  

A more meta problem is how they respond to issues where they are in the wrong.  Everytime something happens where Betcoin did something wrong...even if it's a mistake (and if asked to guess, I'd guess most of these problems are honest mistakes) they react the same way...ignore ignore ignore.  It happened here, they dissipated from their OWN THREADS for a month!  All instead of saying "oh wow it looks like we messed up, we'll look into it and rectify the situation".  So yes, right now everything is working fine, but what is going to happen in a month or two when the next bug or problem crops up?  More ignoring, more scumming, zero rectifying of the situation.  


Quote
What would you like them to do?  Spend 200 hours going through old records and refunding 300 players with a measely .02-10 mbtc each?  And then spend another 200 hours going through records and deducting .2 - 10 mbtc's from those that were overpaid with rewards?  It's not worth it to everyone and probably isn't even attainable.

First off, you can't take money out of people's accounts because you raked them too much.  That's another illogical nonsense thing that you've said in blind defense.

And yes, the thing they are expected to do is run a report, figure out how much extra rake every player on the site had stolen from them, and refund those players.  Why do you think that that isn't attainable (it would take someone under a day to write a script and run a report to figure that out), yet them stealing probably tens of coins is a valid solution?



legendary
Activity: 2688
Merit: 2071
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WTF?

I just explained one of many examples, in detail, of how Betcoin stole 10+Bitcoin and then just ignored whoever asked them about it until eventually they stopped asking (except me).

You are pulling the same scummy BS as Betcoin ignoring the serious issues by spamming your thread to bury posts like this one.

Businesses (such as Betcoin) have the right to change its terms without notice.  Just take a look at the PokerStars brand and the changes they've made....  With that said what management did was probably not the best thing for public relations (you're a prime example of that).  However, considering how low the rake was before AND how much rewards players got, changes were inevitable and needed to be done.  Right now everything is transparent and I don't see what the problem is.

What would you like them to do?  Spend 200 hours going through old records and refunding 300 players with a measely .02-10 mbtc each?  And then spend another 200 hours going through records and deducting .2 - 10 mbtc's from those that were overpaid with rewards?  It's not worth it to everyone and probably isn't even attainable.


Did you read more than 1 sentence of what I wrote? 

From your answer it seems like you skimmed through it and then just assumed I was because they increased the rake.

Are you implying that they raised the rake intentionally 3 weeks before ever mentioning it to the players?


Quote
Businesses (such as Betcoin) have the right to change its terms without notice.  Just take a look at the PokerStars brand and the changes they've made....  

The players that are are criticizing pokerstars from a ethical standpoint are claiming it was unethical for PokerStars to only give notice of the increase in November of the changes scheduled for Jan 1.

Betcoin admitted it was a mistake.

Quote from: Xaioxaio
What would you like them to do?  Spend 200 hours going through old records and refunding 300 players with a measely .02-10 mbtc each?  And then spend another 200 hours going through records and deducting .2 - 10 mbtc's from those that were overpaid with rewards?  It's not worth it to everyone and probably isn't even attainable.


If I had access to their database of hands, I could probably have complete list of who is owed what within 3 hours.

Betcoin probably has no clue how to do this since theyve never had the need to learn how to read a hand history or use tracking software so it would take them longer, it's still their responsibility though.  In the past they've always just pick a number out of the air when they need to.


Your suggestion that they spend 200 hours on 300 players then another 200 hours refunding players who had less than 10 mbtc taken from them doesn't really make that much sense. 

They should spend as long as it takes to make sure all of their players receive the entire refund they are entitled to.


PokerStars doesn't collect more rake than they advertise.  If they accidentally did, they would return it immediately with a sincere apology.

In November they announced the rake would be increasing in January.

In January they increased it.

Do you understand how that's different from what BetCoin did?
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
WTF?

I just explained one of many examples, in detail, of how Betcoin stole 10+Bitcoin and then just ignored whoever asked them about it until eventually they stopped asking (except me).

You are pulling the same scummy BS as Betcoin ignoring the serious issues by spamming your thread to bury posts like this one.

Businesses (such as Betcoin) have the right to change its terms without notice.  Just take a look at the PokerStars brand and the changes they've made....  With that said what management did was probably not the best thing for public relations (you're a prime example of that) nor was it 100% transparent.  However, considering how low the rake was before AND how much rewards players got, changes were inevitable and needed to be done.  Right now everything is transparent and I don't see what the problem is.

What would you like them to do?  Spend 200 hours going through old records and refunding 300 players with a measely .02-10 mbtc each?  And then spend another 200 hours going through records and deducting .2 - 10 mbtc's from those that were overpaid with rewards?  It's not worth it to everyone and probably isn't even attainable.

Also please show some respect when you post in another person's thread.  You came in here demanding answers and responses ASAP and when I don't deliver in a time frame you felt comfortable with, you start to attack my personal character.  





legendary
Activity: 2688
Merit: 2071
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WTF?

I just explained one of many examples, in detail, of how Betcoin stole 10+Bitcoin and then just ignored whoever asked them about it until eventually they stopped asking (except me).

You are pulling the same scummy BS as Betcoin ignoring the serious issues by spamming your thread to bury posts like this one. 
legendary
Activity: 1274
Merit: 1000
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legendary
Activity: 2030
Merit: 1189
It's crazy how there isn't a single person that promotes Betcoin who has the time to investigate or comment on any of these issues...they don't seem to have any trouble finding time to promote though...

It's baffling how they are just sticking their heads in the sand and pretending these things don't exist/didn't happen.  Just one answer, even if it's "I don't think a poker site's databases getting hacked and their customer's private information being disseminated is a big deal" would be great because at least it shows that you are living in some sort of reality and not this play money funland that so many betcoin players/administrators/affiliates appear to be living in.
legendary
Activity: 2688
Merit: 2071
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legendary
Activity: 1274
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The Golden Rule Rules




Full Schedule for the Hi Five Tournaments!  Starts TODAY!  Get your share of $840,000!






sr. member
Activity: 433
Merit: 251
HIGH FIVE TOURNAMENT SERIES RETURNS JANUARY 20TH to Betcoin Poker!


The High Five Tournament Series returns for a fifth time! From Wednesday, January 20th through Sunday, January 24th, there will be a guaranteed $840,000 in prize pools across 25 exciting events! This is a 25 tournament event, with 5 running each day in addition to the regular tournament schedule.

Buy-in prices range from as little as $2+$0.20 to as high as $420+$35 for the $420,000 guaranteed Main Event. Games types include Texas Holdem, PLO8 and PLO, with various formats including regular, rebuy/add-ons, turbos and hyper-turbos. The series culminates with a $420+$35 buy-in,  $420,000 guaranteed Main Event on Sunday January 24th at 4:00pm ET!


HIGH FIVE SERIES HIGHLIGHTS:

$840,000 in guaranteed prize money spread out over 5 days Tourneys ranging from $2,500 to $420,000 in guarantees "Courtesy" break at 4:20pm ET every day SCHEDULE:



Whats the schedule for this?
legendary
Activity: 2030
Merit: 1189
Speaking of which, did you happen to get a scammy looking email from bitstamp today?

I believe it was sent to everyone who gave their email to Betcoin.



I'm not seeing anything, no.  I've also never registered or even been to Bitstamp if that helps you narrow down what happened.
legendary
Activity: 2688
Merit: 2071
Join the world-leading crypto sportsbook NOW!
Speaking of which, did you happen to get a scammy looking email from bitstamp today?

I believe it was sent to everyone who gave their email to Betcoin.

legendary
Activity: 2030
Merit: 1189
As the affiliate for a lot of players, shouldn't your chief concern be the player's safety?

It's very obvious that someone or someones were able to access internal databases that said "this player's username corresponds to this email address".  Right?  Everyone got emails with their correct username on them. 

What other information were these hackers able to access?  Passwords?  The code that is attached to emails now (which, by the way, is identical on every single email)?  Account balances?  Private keys?
legendary
Activity: 2688
Merit: 2071
Join the world-leading crypto sportsbook NOW!
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
HIGH FIVE TOURNAMENT SERIES RETURNS JANUARY 20TH to Betcoin Poker!


The High Five Tournament Series returns for a fifth time! From Wednesday, January 20th through Sunday, January 24th, there will be a guaranteed $840,000 in prize pools across 25 exciting events! This is a 25 tournament event, with 5 running each day in addition to the regular tournament schedule.

Buy-in prices range from as little as $2+$0.20 to as high as $420+$35 for the $420,000 guaranteed Main Event. Games types include Texas Holdem, PLO8 and PLO, with various formats including regular, rebuy/add-ons, turbos and hyper-turbos. The series culminates with a $420+$35 buy-in,  $420,000 guaranteed Main Event on Sunday January 24th at 4:00pm ET!


HIGH FIVE SERIES HIGHLIGHTS:

$840,000 in guaranteed prize money spread out over 5 days Tourneys ranging from $2,500 to $420,000 in guarantees "Courtesy" break at 4:20pm ET every day SCHEDULE:

sr. member
Activity: 581
Merit: 250
Twitchy, I'm not ignoring you.  It's just that this is a busy time of the year and everyone's got a lot obligations.

[  ] nice bluff
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