Xiao is 5 weeks behind on paying rakeback, and is once again locking his thread to keep people from complaining publicly.
I see he hasn't logged into his account in a week now either. Lay down with snakes, you're gonna get bit kids.
Affiliate and partner in crime Xiaoxiao defrauded betcoin.ag scam customers!
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. 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.
Been away for a while - can't say I'm all that surprised to find out Xiao stole a bunch of money and then disappeared, or that Betcoin responded by screwing them even more.
They are still snap deleting most criticism/complaints from their thread.
What else have I missed?
Props to mods for finally putting their foot down when it comes to spamming same crap over and over in their self modded thread.
Edit: Was just going through some of Betcoins posts, found some more evidence supporting my theory that they are run by Betsoft ( scammers ).
Hello, everyone and thank you for being a member of our campaign. WE updated the casino recently to add several new providers including Ezugi, GameArt and Endorphina which has been great for our players but in order to receive a casino bonus all players must play a Betsoft game in order to be properly registered. You can login and do that here:
https://www.betcoin.ag/casino/slots?provider=betsoftOnce complete, please create a ticket and we can get you taken care of. Thank you!
