1) Most customers come thru bitcointalk.org
2) No one complain here that the monthly vip freerolls 25 BTC Master, 10 BTC Diamond, 5 BTC Ruby and 3 BTC Emerald are not running.
This at least strongly indicates that no one reach these vip levels and this strongly indicates that most customers are fun and losing players.
3) Players receive in average 100% rakeback = no revenue for betcoin.ag, but how do they generate money?
4) Considering that they have mostly fun and losing players and considering that there is no control whatsoever, I assume that they make their money with superuser accounts.
This would perfect explain their behaviour why they offer since 2 years! 100% rakeback and at the same time have an army of dumb liars to draw dumb customers in!
100 percent average rakeback? You're math skills are absolutely astute.
Explain the mistake(s) in the calculation (Xiaoxiao was not able):
It is mathematically and juridically absolute correct to use the average numbers and as long as Xiaoxiao do not put the real numbers on the table, I take that one:
1) Referred players paid BTC75 rake in August
2) 33% fix from betcoin.ag in form of Xiaoxiao + 30% vip rakeback + 25% tablestarter = 88% in average + the countless too good to be true promotions, (do not know) maybe 12% in average = 100% rakeback in average!!!
3) From the BTC75 rake paid in August, betcoin.ag paid 100% back to players and made a 0% gross revenue
4) Xiaoxiao received 40% commission of the BTC75 rake paid = 30 BTC
5) Xiaoxiao's behaviour created a - 30 BTC LOSS in August for betcoin.ag
6) A legitimate company would never pay 30 BTC from their pocket to a foreign affiliate!
This calculation also confirms that the betcoin.ag scam pays the too good to be true promotions, 58-133% rakeback = 95,5% average + surprise boxes + affiliate commissions + signature campaigns + software provider fees + employees + infrastructure and whatever costs from the player deposits/not paid jackpot winnings/scams and this is called PONZI SCHEME!
You must be the dumbest mf on forum. 58-133% doesn't mean average players get 95.5%. Most players are getting 58 - 80% and 80 is a very rare occurrence. I've got 3 referrals to xiao, one guy's a silver at around 53%, another is gold around 60 and then one guy is a emerald which is like 68%. Use your brain before you spew bs man.