Topic: BetKing.io - 20% Rakeback Christmas Bonus - Most trusted Bitcoin Dice site - page 112. (Read 194693 times)

So it's 100% trusted or not? 

It is yeah. The old system made almost no money for affiliates. So it was barely worth having and affiliates had no incentive to go out there way to bring traffic.

Under this new system affiliates have a much greater incentive to promote the site.

Is the new affiliate program replacing the old referral system?

I don't see neither my ref link or my affiliates anymore in my profile page.

I don't see why you would care how an affiliate spends his earnings. If he wants to give some of it to the people he referred, why would that bother you? It would probably encourage them to play more and lose more, so it would be good for you. The bottom line is the same for you whatever the affiliate does with the coins he earns from your program isn't it?


I think it's better to be specific, like:

1) work out a set of terms and conditions that works
2) write them down
3) stick to them

Rather than having vague but unrealistic terms and conditions and adding "but none of this is binding" at the end as a catch all.

For example, the case I'm pointing out. Maybe you don't want someone referring two players who each bet 100 BTC because they see it's +EV to cooperate in such a way. If so, you really need to reconsider the whole scheme, rather than waiting for it to happen, deciding you don't want to pay out the 30 BTC and saying "we're not going to pay, and we don't have to tell you why due to the terms you agreed to".
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1) Yeah that's something that we discussed and it seems what you suggest is likely the best method. It may put large potential affiliates off though.
I'll review that.

2) It minimises there being the issue of affiliates trying to poach people off other affiliates or promotions from PRC.

I understand what you are saying about the terms but I will include a catch all just now, it's still standard on pretty much all sites. The terms will be finalised over the next few days also with a better promo page and tools for affiliates to use.

I'm looking to see what the initial interest in such a program is. I've not verified any affiliates yet and won't until there are more defined terms.

That seems like a mistake. The combinated player EV for the two bets is -1% of 200 BTC, or -2 BTC. The affiliate's EV is more like +30 BTC. It seems to me that to cover this difference you and the investors need to somehow make up the extra 28 BTC of EV.


2) No. If you read the terms you must have a website or large social media presence to be in the program. If I suspect that you are offering rakeback deals through your site then I will deny the application. You don't get to just hand out a referral link without first being approved.
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I don't see why you would care how an affiliate spends his earnings. If he wants to give some of it to the people he referred, why would that bother you? It would probably encourage them to play more and lose more, so it would be good for you. The bottom line is the same for you whatever the affiliate does with the coins he earns from your program isn't it?


I think it's better to be specific, like:

1) work out a set of terms and conditions that works
2) write them down
3) stick to them

Rather than having vague but unrealistic terms and conditions and adding "but none of this is binding" at the end as a catch all.

For example, the case I'm pointing out. Maybe you don't want someone referring two players who each bet 100 BTC because they see it's +EV to cooperate in such a way. If so, you really need to reconsider the whole scheme, rather than waiting for it to happen, deciding you don't want to pay out the 30 BTC and saying "we're not going to pay, and we don't have to tell you why due to the terms you agreed to".

1) If you were on the 30% plan in that situation you would earn 30 Bitcoin at the end of the month.

2) No. If you read the terms you must have a website or large social media presence to be in the program. If I suspect that you are offering rakeback deals through your site then I will deny the application. You don't get to just hand out a referral link without first being approved.

Regarding the small print. I would rather I didn't need to even have to put in such terms but there's a lot of people that always try and find some way to interpret things a way they were not intended to be and then cause all kinds of hassle so I put in a blanket statement like that in case of an extreme case I need to use it.

Thanks. I have a few more questions if you don't mind answering:

1) If I refer two players, one loses 100 BTC in a month and the other wins 100 BTC in the same month, how much do I get for having referred them both? Does the profit cancel out the gain and so I get nothing? Or do I get 10% (or 20% or 30%, depending on the plan) of 100 BTC?

Basically if I refer a winning player does it hurt my payments?

2) Do you allow "rakeback deals"? Like where I refer a player and offer him half of my earnings from him as rakeback.


OK I see. In fact it turns out you don't even need a reason to refuse payment or to change the payment amounts whenever you like:


I guess those kinds of terms are pretty standard. I don't usually read the small print, but your small print was big enough and short enough that it was easy to read. Maybe it would be better to hide those unpleasant terms in amongst a big wall of other text like the big boys do...

There was an issue with cloudflare caching. I cleared it so it should work ok now.

Is the old affiliate system still active?

Also, that chat won't load for my on the dice or roulette page. Just get an empty box.

Tried it on chrome as well as firefox.

You can read more here https://pocketrocketscasino.eu/affiliate.
Revenue is players loss that month.

The dispute you are referring to was BAY who gave me negative trust, unjustifiably, because I stopped his affiliate account after he sold/rented a domain with my brand name in it to a competitor. He was paid. He lost future payments which would have totalled a very insignificant amount under the old structure. That's a very valid reason to stop someone's account.

How are you defining 'revenue' here? Is it the amount players wager? The amount the lose? The amount you take as commission from their bets? Something else?

And what does "up to" mean? Sounds like some people will earn less than 30%. How is that decided?

Are there other rules? I seem to remember a dispute in the past where you refused to pay out when someone referred you a bunch of players because you didn't like something he did. It was a while ago now so I forget the details. Are the terms and conditions available somewhere?

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Nope, martingale is just a strategy which works on almost every gamble. Its just doubling/increasing your bet after every loss.

i didn't go long enough in the straight martingale but i hit a few 10 lose streaks, but i only did around 3100 bets.

i believe martingale only works on roullete... what is your worst red streak there?

good and fun win tyty for the 0.1 admin [i started trying roulette when it was around 7000 bets total]

can't wait until there is autobet enabled for roulette~

PS for anyone that's curious about the roulette,

it's single black and single red (so 2x payout, not the crappy 3x payout)

martingale worked great for me. You can see a video of me playing it from the links on this site:

http://bitcoinreview.me/pocket-rocket-casino-review/

Or direct youtube link:
https://www.youtube.com/watch?v=VwWqAoHu-mQ

congratulations on reaching new milestone for your site

1gal hit roulette bet number 10,000. 0.1 Bitcoin bonus was awarded.
Also elowin won 0.02 in tonight's  lottery.

Congratulations, thanks for taking part.

Seems the majority of people in the chat are against the idea of adding 25x and 50x options so I'll put it on hold for now.

BTC
Getting close to 10k bets on roulette. Whoever hits the 10,000th bet will get a bonus 0.1 Bitcoin.

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