BetCoin.TM Bitcoin Casino | Poker | Slots | Sports | Live Dealers | And More! - page 42.

fox19891989

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Quote from: betcointm on December 26, 2015, 04:57:52 AM

Quote from: fox19891989 on December 26, 2015, 04:55:46 AM

whats jadecoin sir? and how long is the average payout processing time.

JadeCoin works much like courtesy chips in Macau. It's Bitcoin with a 1x rollover. When you bet with JDC, you get your winnings and BTC and you get the JDC back if you win.

Average processing time varies greatly - for new users it can be up to 24 hours but for the most part it's 20 minutes to 1 hour. We are implementing some more instantaneous measures in the near future.

i try blackjack but it shows 0.0075 balance, not 0.01 jadecoin balance, where to play jadecoin games? thanks

betcointm

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Quote from: fox19891989 on December 26, 2015, 04:55:46 AM

whats jadecoin sir? and how long is the average payout processing time.

JadeCoin works much like courtesy chips in Macau. It's Bitcoin with a 1x rollover. When you bet with JDC, you get your winnings and BTC and you get the JDC back if you win.

Average processing time varies greatly - for new users it can be up to 24 hours but for the most part it's 20 minutes to 1 hour. We are implementing some more instantaneous measures in the near future.

mark coins

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Quote from: fox19891989 on December 26, 2015, 04:55:46 AM

whats jadecoin sir? and how long is the average payout processing time.

AFAIK jadecoin is like their play money but it has real value, i got some jadecoin in the past that i used for betting and im getting bitcoins whenever i won on each bet

fox19891989

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whats jadecoin sir? and how long is the average payout processing time.

betcointm

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Quote from: Gildarts on December 26, 2015, 03:05:02 AM

Quote from: Miyslovenic on December 23, 2015, 11:02:54 PM

Quote from: Gildarts on December 23, 2015, 10:37:29 PM

"Sorry, access to our multiplayer poker room is restricted for VPN users or users who have multiple accounts. Please disable your VPN to access the poker room and contact our support if you have multiple accounts, so we can provide access to poker for you"

i don't use vpn and i don't have any other account in your site.

username : gildarts

take a look thank you !

I have get this problem too, but it solved. I think you must contact support in that site. It will be resolve your problem

I contact with support today but they said they will send me an email when its resolve. I want to play there as soon as possible.

@betcointm can you do it little quick? Really wanted to play poker on your site.

thanks

Try now.

Gildarts

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Activity: 390

Merit: 250

Quote from: Miyslovenic on December 23, 2015, 11:02:54 PM

Quote from: Gildarts on December 23, 2015, 10:37:29 PM

"Sorry, access to our multiplayer poker room is restricted for VPN users or users who have multiple accounts. Please disable your VPN to access the poker room and contact our support if you have multiple accounts, so we can provide access to poker for you"

i don't use vpn and i don't have any other account in your site.

username : gildarts

take a look thank you !

I have get this problem too, but it solved. I think you must contact support in that site. It will be resolve your problem

I contact with support today but they said they will send me an email when its resolve. I want to play there as soon as possible.

@betcointm can you do it little quick? Really wanted to play poker on your site.

thanks

JeWay

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Activity: 952

Merit: 503

Quote from: Boosterious on December 26, 2015, 02:56:58 AM

i win the prize of 1 BTC weekly freeroll in betcoin tm poker Grin

, finished on 3rd not too bad.
i am trying to make withdraw request admin please approve Wink

my username betcoin tm j99arnold

Wow... congratz for your 1BTC win

Boosterious

sr. member

Activity: 308

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The mind is everything. What you think you become.

i win the prize of 1 BTC weekly freeroll in betcoin tm poker Grin

, finished on 3rd not too bad.
i am trying to make withdraw request admin please approve Wink

my username betcoin tm j99arnold

betcointm

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Quote from: Falconer on December 26, 2015, 01:21:37 AM

Quote from: dooglus on December 26, 2015, 01:00:12 AM

Quote from: betcointm on December 25, 2015, 08:26:50 PM

I can't remember which casino does this off the top of my head, but this is a pretty common addition to the terms - albeit ours is admittedly a bit under-defined.

For example - user gets a 'big win' and then bets on lower odds to clear his bonus. That user is thereby disqualified. Our system just adjusts the stake amount put toward the rollover based on the odds, so we don't have to be quite that heavy handed, but the fact remains that there are entire portals dedicated to 'beating' bonuses. If someone is using these methods, we put it before a security review team and everyone looks at the findings. Usually it's pretty obvious.

You have a 388x wagering requirement. There's no way of "beating" that without getting very lucky.

It seems they are abit too skeptical about their own promo. According to math of their house edge , people will surely fail this 388x rollover requirement. There are alot of casinos that offer 50x rollover and most of the people fail to reach it let alone 388x of rollover

This particular bonus is zero risk. You don't bet your deposited funds first. You bet the bonus funds. If you were betting your deposited funds, I'd understand being uneasy about this promo.

Falconer

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Quote from: dooglus on December 26, 2015, 01:00:12 AM

Quote from: betcointm on December 25, 2015, 08:26:50 PM

I can't remember which casino does this off the top of my head, but this is a pretty common addition to the terms - albeit ours is admittedly a bit under-defined.

For example - user gets a 'big win' and then bets on lower odds to clear his bonus. That user is thereby disqualified. Our system just adjusts the stake amount put toward the rollover based on the odds, so we don't have to be quite that heavy handed, but the fact remains that there are entire portals dedicated to 'beating' bonuses. If someone is using these methods, we put it before a security review team and everyone looks at the findings. Usually it's pretty obvious.

You have a 388x wagering requirement. There's no way of "beating" that without getting very lucky.

It seems they are abit too skeptical about their own promo. According to math of their house edge , people will surely fail this 388x rollover requirement. There are alot of casinos that offer 50x rollover and most of the people fail to reach it let alone 388x of rollover

dooglus

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Quote from: betcointm on December 25, 2015, 08:26:50 PM

I can't remember which casino does this off the top of my head, but this is a pretty common addition to the terms - albeit ours is admittedly a bit under-defined.

For example - user gets a 'big win' and then bets on lower odds to clear his bonus. That user is thereby disqualified. Our system just adjusts the stake amount put toward the rollover based on the odds, so we don't have to be quite that heavy handed, but the fact remains that there are entire portals dedicated to 'beating' bonuses. If someone is using these methods, we put it before a security review team and everyone looks at the findings. Usually it's pretty obvious.

You have a 388x wagering requirement. There's no way of "beating" that without getting very lucky.

If someone bets at 95% chance of winning to get through the WR quicker, I don't see how that is in any way "abusive". And if you do, you need to say up front that bets at 95% chance or higher aren't allowed when clearing the bonus. Otherwise you're the ones being abusive by being unclear about your rules.

Also, according to my supervisor, there are no such things as portals.

betcointm

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Quote from: dooglus on December 25, 2015, 08:15:06 PM

Quote from: betcointm on December 25, 2015, 05:10:17 PM

Thanks for the discussion, it was fun and gave us some great insight.

Yeah, I'm glad I finally understood it!

What about this though:

"Professional players or players considered, in our sole discretion, to be abusing the bonus system
by any means may have bonuses revoked and be subject to further sanctions"

Whether the player is "professional" or not (whatever that means) makes no difference to their chance of profiting from your bonus. This rule seems unfair and effectively allows you to never have to actually pay out the bonus at all ("in your sole discretion").

The condition would certainly need removing or at least clarifying before I would ever agree to submit to it.

I can't remember which casino does this off the top of my head, but this is a pretty common addition to the terms - albeit ours is admittedly a bit under-defined.

For example - user gets a 'big win' and then bets on lower odds to clear his bonus. That user is thereby disqualified. Our system just adjusts the stake amount put toward the rollover based on the odds, so we don't have to be quite that heavy handed, but the fact remains that there are entire portals dedicated to 'beating' bonuses. If someone is using these methods, we put it before a security review team and everyone looks at the findings. Usually it's pretty obvious.

dooglus

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Quote from: betcointm on December 25, 2015, 05:10:17 PM

Thanks for the discussion, it was fun and gave us some great insight.

Yeah, I'm glad I finally understood it!

What about this though:

"Professional players or players considered, in our sole discretion, to be abusing the bonus system
by any means may have bonuses revoked and be subject to further sanctions"

Whether the player is "professional" or not (whatever that means) makes no difference to their chance of profiting from your bonus. This rule seems unfair and effectively allows you to never have to actually pay out the bonus at all ("in your sole discretion").

The condition would certainly need removing or at least clarifying before I would ever agree to submit to it.

betcointm

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Quote from: dooglus on December 23, 2015, 07:21:14 PM

Quote from: betcointm on December 23, 2015, 12:19:25 PM

Right now you're not betting your deposit, as you can withdraw your bonus at anytime. It's still a process that is as risk-free as you want.

The bonus system is:

1. deposit X
2. 301% is added to X
3. rollover requirement is (X+(3.01*X))*388
4. if you don't meet the requirements, OR you choose to withdraw your original deposit, your original deposit is returned to you.

There's really not more to add than that.

Quote

deposit 1, you make it up to 4.01, I bet and lose 0.01 leaving 4 in my balance then cancel the bonus. What's my balance? It's not my original deposit is it? You take off 3.01 leaving just 0.99.

Ah, I see where the misunderstanding is. If you cancel your bonus without actually dipping down into your own funds. I.e., if your balance is above 1 BTC - you will always withdraw BTC. Even if you had 2.10 in your balance, you'd walk out with 1.

I was going by this:

Quote from: betcointm on December 22, 2015, 11:31:24 PM

Quote

and so "cancel the bonus" in this case means "if my balance is greater than 4.01, set it to 1, else subtract 3.01 from it". Is that right?

Exactly.

Subtracting 3.01 from 2.10 would leave my balance negative, and so unable to withdraw anything.

Are you saying I can do the following?

1) deposit 1 BTC
2) get 3.01 BTC added to my balance, for a total of 4.01 BTC
3) bet the 3.01 BTC bonus until I either lose it or clear the bonus
4) withdraw my initial 1 BTC, which I deliberately never risked.

If so, then we're back to the bonus being slightly +EV, and risk free. Yay!

Sorry it took me so long to understand. I either I'm really slow or the explanation on your site could use some serious improvement.

It's very different from other casinos - which (for the most part) force you to bet your "buy-in" (i.e., your deposit) before being able to bet the bonus funds. We're working on a few more bonus options after our conversation that are more 'traditional' but still improved.

Thanks for the discussion, it was fun and gave us some great insight.

betcointm

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Quote from: SyGambler on December 25, 2015, 12:50:58 PM

hey , I have noticed that people are speaking different languages in the poker chat , you shouldn't allow this to happen
they may expose their cards and I think non-english is not allowed in every poker chat

We're getting on that already - thanks for pointing it out.

SyGambler

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guess who's back

hey , I have noticed that people are speaking different languages in the poker chat , you shouldn't allow this to happen
they may expose their cards and I think non-english is not allowed in every poker chat

panjul07

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Quote from: bitjamz on December 24, 2015, 04:31:25 AM

Quote from: panjul07 on December 23, 2015, 03:12:52 AM

Quote from: bitjamz on December 23, 2015, 12:36:49 AM

Quote from: bitjamz on December 22, 2015, 02:40:47 AM

now i have another problem

no balance in poker room.

anyone have same problem?

still not fixed?

Have you asked the customer support or send a pm to OP? I think they have good support while they are online or offline.

I did but still not fixed

Now I'm having the same problem with you, and I asked the support and he (Andrew) said that it is because multiple accounts issue. I have told him anything he asked for and he said it will be fixed within the day. Once they have fixed it, they will notify by email. So I'll wait for it..

dooglus

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Quote from: DarkDays on December 24, 2015, 03:45:24 PM

this line in the T&C has me concerned: "Professional players or players considered, in our sole discretion, to be abusing the bonus system by any means may have bonuses revoked and be subject to further sanctions."

Without that rule, and if you are 100% guaranteed that they will really let you withdraw your initial deposit, the bonus is only very slightly +EV. You're very likely to lose the bonus before you unlock it.

That line in the T&C is likely enough to make the bonus -EV. You need to consider the risk that they will refuse to let you withdraw your initial deposit. If you estimate that risk to be as big as 1 in 100 then the bonus is -EV for you and should be avoided. That T&C line effectively says "we can keep your deposit if we want to and there's nothing you can do about it".

DarkDays

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Quote from: dooglus on December 23, 2015, 07:21:14 PM

Are you saying I can do the following?

1) deposit 1 BTC
2) get 3.01 BTC added to my balance, for a total of 4.01 BTC
3) bet the 3.01 BTC bonus until I either lose it or clear the bonus
4) withdraw my initial 1 BTC, which I deliberately never risked.

If so, then we're back to the bonus being slightly +EV, and risk free. Yay!

Sorry it took me so long to understand. I either I'm really slow or the explanation on your site could use some serious improvement.

I've come to the conclusion that that is how they are implying that bonus could work. This is corroborated by this line on the site under first deposit bonus information: "If you do not meet the requirements you will not be able to withdraw your winnings, but you will always be able to withdraw your own deposit amount." However, this line in the T&C has me concerned: "Professional players or players considered, in our sole discretion, to be abusing the bonus system by any means may have bonuses revoked and be subject to further sanctions."

Basically, I'm concerned that they imply that you can deposit 800BTC and freeroll them but then if you try they will say "we never actually said you could do that, that's abuse we're taking your deposit". So I'd need them to confirm that this is actually allowed.

dooglus

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Quote from: katerniko1 on December 23, 2015, 10:52:42 PM

your poker software is so unreal (guess that is same as of nitrogens)
what cards are comming out and people wins with all kind of shits 24/7 its hard to know poker like that.. and that "hash" code where can i verify it?
regards.
-Katerniko1

It sounds like you're asking for "provably fair poker".

I don't know of any site that offers it. I don't know know if it is really possible to offer such a thing that works in a practical way.

Read about mental poker to get an idea of the considerations involved.

I guess it would be possible to have the site prove that they have committed to a particular sequence of shuffles in advance using hashes. The difficulty comes in proving that the site isn't playing against its players while knowing their hole cards (the "PotRipper" attack seen on AP/UB).

Sometimes weird runs of cards happen. It's usually not proof of foul play - you need to large sample of hand before you can even draw such conclusions.

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