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Topic: !!!!!! HIGHROLLER BITCOIN GIVEAWAY !!!!!! BetCoin.TM SPECIAL giveaway. (Read 1052 times)

hero member
Activity: 1316
Merit: 546
Monday Hit Me Every week
I tried to play here, to deposite fast indeed. but I do windraw not instant that so long pending. why? Huh
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
Are you the same people as betcoin.ag?

i think no, they are betcoin.tm

They have a very similar name, and seem to offer almost all the same games.

I'm not signing a message saying I love them if they're the same people as betcoin.ag. I don't love those guys at all.

I just signed up at betcoin.tm to take a look around, and I see confusing information about various bonuses. For example, under "FIRST DEPOSIT BONUS":

Quote
if you deposit 1 BTC you will receive an additional 3.01 BTC in your account. to withdraw any winnings from this you need to bet 888x 4.01 BTC ( 1 from deposit and 3.01 from the bonus ) so in total you would need to wager 1555.88 BTC

Fair enough - I deposit 1 BTC and have to wager 1.5k to clear the bonus. But then:

Quote
If you meet the unlock requirement for your bonus, the maximum amount of your balance which becomes available is the original bonus amount.

What does that mean? Suppose I deposit 1 BTC and manage to turn it into 1000 BTC while wagering 1.5k BTC. Am I only allowed to keep 4.01 BTC of it? That seems to be what that condition is saying, and it seems very wrong. The wagering requirement is huge. After wagering 1.5k times my initial deposit I am very likely to either be bust or up a lot. It's unlikely that I'm only up a few BTC by that point. Putting a tiny cap on the amount I can withdraw in the unlikely event that I profit a lot makes this a very unattractive offer.

Edit: I found another problem. The "About" page says:

Quote
Advanced computer encryption algorithms ensure that every game is provably fair, and BetCoin™ games have the lowest house edge and the highest return to player ratio (RTP) available worldwide.

but I checked out the dice game and it actually has the highest house edge and lowest return to player ration (RTP) available worldwide. I guess there's something wrong with the advanced computer encryption algorithms!



>>> 100 - 1.9574 * 50
2.13

That's a massive 2.13% house edge, biggest even than Satoshidice's 1.9% (last time I checked).

Just-Dice, bitdice.me, primedice, prcdice, betcoin.ag, safedice, fastdice, and pretty much every other dice game I can think of has a 1% house edge. So how can you claim this 2.13% game has the lowest house edge available worldwide?

Edit: I was wrong. safedice is 0.5%: [img.]https://i.imgur.com/vXT84Uv.png[/img]

PrimeDice 1%: [img.]https://i.imgur.com/PPKLquf.png[/img]

bitdice.me 1%: [img.]https://i.imgur.com/IEM2wKe.png[/img]

betcoin.ag 1%: [img.]https://i.imgur.com/EnJtmpq.png[/img]

etc.

I'd like to sign a message saying I love you guys, but my first impressions aren't good.

Edit: I also don't see any way to secure my account with 2FA. You say "BetCoin™ customers don’t need to worry about their funds’ safety, as they enjoy state-of-the-art, hacker-proof security", but you don't even offer google authenticator protection?

Quote
With our system, even if your account password or your email account are compromised, the funds on your BetCoin™ account will be safe as the perpetrators will not be able to cash them out to another wallet than the one you have registered with.

Maybe you're going to ask me for a signed message before I can withdraw, but that's little comfort if a hacker is able to log in and gamble away my balance using just my username and password. Or do I need to sign a message each time I log in as well?


Yeah, they started the 888x thing last year or so. It has Terms that kind of makes sure it is a one way to the site for any bitcoins that come its way, but even so someone had a balance (I don't remember the details) who wasn't able to withdraw it. And I have not seen a withdrawal transaction id of the site for years.
Those conditions are precisely as it is, and it is how it was enforced at least.

I am just wondering if the owners changed or something... Before they weren't keen to run promos here at least.

@OP can you sign an address with more than 100BTC?
sr. member
Activity: 356
Merit: 250
As a matter of fact, just never deposit to any casino ever.

Except for the ones in your signature, right? Wink

Good call. Ill remove those.

But yea, I worry about the increasing amount of people on risk of gambling addiction in the bitcoin world.
legendary
Activity: 2940
Merit: 1333
As a matter of fact, just never deposit to any casino ever.

Except for the ones in your signature, right? Wink
sr. member
Activity: 356
Merit: 250
Yeah those bonus conditions occur in a lot of shitty casinos. I once deposited 100 euro to an online casino and got a first deposit bonus of 100 euro on top of it.
After finishing wager requirements I managed to get 800 euro or whatever. So I withdraw it. After a while I got only 500 in my bank account. Turns out there was a limit to what you can win...
Freaking thievery!

Do not ever attempt to deposit on this casino, their wagering requirements are total bullshit. As a matter of fact, just never deposit to any casino ever.
legendary
Activity: 1876
Merit: 1295
DiceSites.com owner
Betcoin.tm has a long history (~3 years) of scam accusations (just google: "betcoin.tm" site:bitcointalk.org).

@OP: I would love to see a "main thread" of you guys, so these issues could be discussed (since obviously some are old accusations and most might be about the bonus / incorrect.)


The "about" page has some cool things too:
- "BetCoin™ is the world’s most advanced online gaming network" (I would argue that something like PokerStars, who caters half a million people at the same time in a game of poker, is more advanced, but sure..)
- "BetCoin™ games have the lowest house edge and the highest return to player ratio (RTP) available worldwide" (on dice they claim to have 1.88% HE, but even seems 2.1%? either way not lowest.)
- "BetCoin™ customers don’t need to worry about their funds’ safety, as they enjoy state-of-the-art, hacker-proof security" (nothing is "hacker-proof" Tongue)
- "BetCoin™ offers the widest range of bet sizes, from less than 1 tenth of a penny, to over 1 million USD per bet." (I find it unlikely that they can afford a max profit of 2800 BTC per bet?)
- etc.


Overall, I am always willing to "hear both sides" though. So if we could have a main thread so we can discuss these things further, it would be great. Maybe you can convince me that your site is not a scam.



edit: aw, made this message before I realized dooglus's edits lol.
legendary
Activity: 2940
Merit: 1333
Are you the same people as betcoin.ag?

i think no, they are betcoin.tm

They have a very similar name, and seem to offer almost all the same games.

I'm not signing a message saying I love them if they're the same people as betcoin.ag. I don't love those guys at all.

I just signed up at betcoin.tm to take a look around, and I see confusing information about various bonuses. For example, under "FIRST DEPOSIT BONUS":

Quote
if you deposit 1 BTC you will receive an additional 3.01 BTC in your account. to withdraw any winnings from this you need to bet 888x 4.01 BTC ( 1 from deposit and 3.01 from the bonus ) so in total you would need to wager 1555.88 BTC

Fair enough - I deposit 1 BTC and have to wager 1.5k to clear the bonus. But then:

Quote
If you meet the unlock requirement for your bonus, the maximum amount of your balance which becomes available is the original bonus amount.

What does that mean? Suppose I deposit 1 BTC and manage to turn it into 1000 BTC while wagering 1.5k BTC. Am I only allowed to keep 4.01 BTC of it? That seems to be what that condition is saying, and it seems very wrong. The wagering requirement is huge. After wagering 1.5k times my initial deposit I am very likely to either be bust or up a lot. It's unlikely that I'm only up a few BTC by that point. Putting a tiny cap on the amount I can withdraw in the unlikely event that I profit a lot makes this a very unattractive offer.

Edit: I found another problem. The "About" page says:

Quote
Advanced computer encryption algorithms ensure that every game is provably fair, and BetCoin™ games have the lowest house edge and the highest return to player ratio (RTP) available worldwide.

but I checked out the dice game and it actually has the highest house edge and lowest return to player ration (RTP) available worldwide. I guess there's something wrong with the advanced computer encryption algorithms!



>>> 100 - 1.9574 * 50
2.13

That's a massive 2.13% house edge, biggest even than Satoshidice's 1.9% (last time I checked).

Just-Dice, bitdice.me, primedice, prcdice, betcoin.ag, safedice, fastdice, and pretty much every other dice game I can think of has a 1% house edge. So how can you claim this 2.13% game has the lowest house edge available worldwide?

Edit: I was wrong. safedice is 0.5%:

PrimeDice 1%:

bitdice.me 1%:

betcoin.ag 1%:

etc.

I'd like to sign a message saying I love you guys, but my first impressions aren't good.

Edit: I also don't see any way to secure my account with 2FA. You say "BetCoin™ customers don’t need to worry about their funds’ safety, as they enjoy state-of-the-art, hacker-proof security", but you don't even offer google authenticator protection?

Quote
With our system, even if your account password or your email account are compromised, the funds on your BetCoin™ account will be safe as the perpetrators will not be able to cash them out to another wallet than the one you have registered with.

Maybe you're going to ask me for a signed message before I can withdraw, but that's little comfort if a hacker is able to log in and gamble away my balance using just my username and password. Or do I need to sign a message each time I log in as well?
newbie
Activity: 33
Merit: 0
Are you the same people as betcoin.ag?

i think no, they are betcoin.tm
legendary
Activity: 2940
Merit: 1333
Are you the same people as betcoin.ag?
sr. member
Activity: 280
Merit: 250
hero member
Activity: 490
Merit: 500
send you pm, please check Smiley
donator
Activity: 672
Merit: 500
We treat VIP Customers Right - And We'll Put Our Money Where Our Mouth Is
Interested in trying out a new casino, but been burned by our competitors not ready to treat you with the respect you deserve?


You can get instant credit to your BetCoin.TM account by signing a message with your wallet!


Rules and How to Apply

1. Your Bitcoin wallet must contain, 50, 100, or 200+ BTC.
2. Your Bitcoin wallet must have maintained this balance for at least 15 days.
3. You must have the private key for this wallet, and be able to sign a message to verify ownership.


To Apply: Sign your message with the content below, and DM - or directly post - your signature.


The Message to Sign is:I love BetCoin.TM!


Sign a Message with a wallet containing 50-99 BTC for a 0.2 BTC Bonus!
Sign a Message with a wallet containing 100-199 BTC for a 0.4 BTC Bonus!
Sign a Message with a wallet containing 200+ BTC for a 0.8 BTC Bonus!
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