Topic: ████► BetcoinRakeback.com ♠ 58-83% Rakeback ♥ WPN Tourneys ♣ Freerolls ◄████ (Read 16776 times)

I am starting a new Betcoin rakeback service that will replace Xaio's and promises on time payments and a lot more transparency than his that turned into a scam.  If you are interested check out my thread here:

https://bitcointalk.org/index.php?topic=2005498.new#new

It's been ~ 2 months now and I still haven't gotten paid.  Xiaoxiao is ignoring my messages and emails and Betcoin support is refusing to compensate me since I'm not going to rake additional money to get paid rakeback that's due to me.  Pretty sad situation and I'm starting to wonder if what people are saying about the site are true.

I see you're back in your account on Betcoin. Are you going to honor your commitments?

This sucks dude!  WTF?!!  Get help and pay these guys back! Damn this is stupid!  You're not only hurting yourself, but everybody else around you here...GET HELP!  FUCK!

That's just one of several things he said which indicate a lack of accepting responsibility for his actions. He probably would have never logged into bitcointalk again if Betcoin hadn't locked his honeypot.

When you gamble with money that doesn't belong to you, that's malicious intent.

When you lie to people about why you aren't paying them the money you owe them, that's malicious intent. 

You're releasing all your signups effective immediately then, correct? Or do you think it's acceptable to continue to have access to player funds and continue these shenanigans?

Hello everyone, it's time for me to come out with the truth about the recent "delayed" rakeback situation.  This is not easy to do, especially since some of you guys viewed me as a helping hand to resolve issues or expedite support tickets and be an advocate for the players.

The truth is that I have personally mismanaged players' rakeback funds because I have gambled most of it away; I have a gambling problem.  I'm sure Betcoin can attest to this by simply looking at my past gambling records on the site, and most of the cashouts I made were to a few other bitcoin gambling sites which I lost.  The reason I made up the excuse of "delayed rakeback stats" was to buy time so I can get loans or use continued incoming affiliate funds to try to make back what I needed to cover.

In the past you may have noticed there's been similar "delays," though not as prolonged as this one.  Many of which (if not all) were because of my gambling habits in which I lost the funds which I should have set aside to pay out players at the end of the week.  However, I was always able to some how come up with it either taking out loans with every credit line that I have, or somehow winning it back via gambling, which is why this program has been afloat for so long amidst my gambling issues.

I hope you all could see that this delay of player rakeback was not the result of any malicious intent such as an exit scam as some of you may have suggested.  I've always tried to help the players under this program to the best of my abilities, a lot of time intervening with support and helping expedite issues they may be having with the ever enhancing Betcoin platform, or sending early rakeback when players needed it.

Currently I am working with Betcoin and a few possible investors to figure out a way to appease all those that haven't received their due rakeback from this program in the past few months.  I have exact records of who is owed what amount.

I apologize and feel incredibly bad for all those that were eagerly awaiting their rakeback, because I've been there before myself.  In no way shape or form have I ever intended to "scam" anyone.  As you know, I started this program back in 2014, and I always did my best to do whatever I can to make sure my players' get their due rakeback.  However this time around I ran out of credit lines and my luck also ran out so I told a bigger lie to buy myself time to figure out a way to come up with player funds.

For all of you that are so freakin worried.... just send xiao a screenshot with proof how much you raked lately and he'll take care of you. I once got double what i should have got and he just let me keep it, lol

Apologies for the delays.  Betcoin has been working on some major updates and their staff is a bit limited in comparison to the workload.  The programming for BetcoinRakeback.com's data tracking was altered for a bit during updates in the past few months which caused some tremendous errors.

For example a microstakes player that paid only a few chips in rake was shown to have paid over 600 chips in my data reports and in turn I sent him/her 33% of 600 chips.  This is just an example of some of the errors that occurred.

Programming will create a script and solve the overpayment or underpayment problem this week, and all delayed rakeback will be sent out by BetcoinRakeback.com.

Apologies to the new players on this program wondering "wtf" is going on.  This service has been established since the beginning of Betcoin and it's going to continue to provide one of the best RB's in online poker.  Please bare with us as the accounting stats are resolved.

 

Seriously... I joined within the past month and received only a nominal, arbitrary amount in rakeback from XiaXiao. I've rake a lot and am not playing until I get the full amount, otherwise I was lured to the site under false pretenses and I refuse to line the pockets of anyone who does not follow through with their promises in matters such as these.

Has anyone been under payed via the bonus chips released? They seem to be releasing fewer chips than advertised. They say they are released at 15% rake but it is really about 12-13% in practice.

Update please. What were the results of your meeting "later today" (almost 4 days ago as of this post)?

rest assured, everything will be resolved and up to date by the 19th of march

I haven't got RB in several weeks either. It seems very strange that every month there is another "problem" and explanation for delays, but betcoin's normal RB has never any issues or delays.

Apologies as I haven't gotten to PM's.  Please see this message:


I have an appointment later today or Monday with Management/Programming regarding stats and overpayments and their progress with sorting it out.  Thanks!

I have not gotten rb or affiliate rb in several weeks and have not been able to get you to answer a pm.  Can we get an update on what is going on with this service?

Hi Ungod, please hold tight.  Programmers are working on a large update while they take care of BetcoinRakeback.com data/payment issues.  Let's give them some slack as they have a lot on their plate.  Thanks so much for your patience.

still waiting on 3/20-3/26?

Some players were overpaid in the last few months and some were grossly overpaid due to system errors.  Only those that have been grossly overpaid by more than 40% will have to wait until they've accumulated what they were overpaid before receiving further RB from BetcoinRakeback.com.  Everything will be sorted out within the next 7-10 business days.

Sincere apologies for the inconvenience and delays.  If your rakeback hasn't grossly deviated from your expectations, then you are not affected.

In other news, keep in mind the $5.7 million GTD OSS is coming up soon.  Expect games to increase during this time of year, and it is a great time for both cash game and tournaments.

Also there are many ways to get into tournaments and cash game and ultimately building a bankroll without ever having to make a deposit.  Please visit Betcoin.ag forums to get a piece of freerolls with relatively high prizepools and low entrants.

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https://www.betcoin.ag/liberstad-norway-path-libertarian-city-bitcoin-main-currency