Scam alert! Betcoinrakeback.com stole players money - page 3.

cjmoles

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Merit: 1017

Quote from: Lutpin on May 21, 2017, 02:30:44 PM

Quote from: cjmoles on May 21, 2017, 01:27:42 PM

Should we also ask why crypto-games is partnered with an obvious scammer: https://game-protect.com/partner-sites-online-gaming/

Quote from: cjmoles on May 21, 2017, 01:27:42 PM

is it normal practice to blame sites for what their affiliate program members do?

When the site encourages users to sign up under this specific affiliate, when the site knowingly watches how the affiliate scams other people/their customers,
then yes, I would say they should consider taking up some responsibility for what happened.
I also fail to see how asking for a comment from their side is "blaming" them for anything.

So, you're saying that crypto-games doesn't know that its partner site, game-protect.com ( https://game-protect.com/partner-sites/ ), is taking money from it's users for quid pro quo protections that it cannot realistically provide? Betcoin did not know that a Xiao was not going to honor his contract with his referrals, and when it came to their attention that he didn't honor that contract, they did the right thing and dropped him from their affiliate program.

EDIT: It should be noted that Xiao's referrals were getting more rakeback then anybody else....they weren't being robbed, they were getting extra until Xiao went astray.

Lutpin

copper member

Activity: 1876

Merit: 1874

Goodbye, Z.

Quote from: cjmoles on May 21, 2017, 01:27:42 PM

Should we also ask why crypto-games is partnered with an obvious scammer: https://game-protect.com/partner-sites-online-gaming/

Feel free to ask them, I'm unaware of anybody being scammed by/getting their funds stolen from game-protect.
Also, I don't see how this is related to betcoinrakeback being a thief, but I'm sure you can explain it to me.

Quote from: cjmoles on May 21, 2017, 01:27:42 PM

And, should we ask why he has no red trust from those default trust members who're so set on issuing out red trust to other gambling sites.

I might disagree with what game-protect does and I might often have a different opinion on topics than they do, but that does not warrant negative trust in my opinion.
I will always, and I have always, leave negative trust based on my own believes. And so should you. If you think they should be trusted negatively, go ahead.
Don't try forcing anybody else in doing so, though.

Quote from: cjmoles on May 21, 2017, 01:27:42 PM

is it normal practice to blame sites for what their affiliate program members do?

When the site encourages users to sign up under this specific affiliate, when the site knowingly watches how the affiliate scams other people/their customers,
then yes, I would say they should consider taking up some responsibility for what happened.
I also fail to see how asking for a comment from their side is "blaming" them for anything.

cjmoles

legendary

Activity: 1176

Merit: 1017

Quote from: Lutpin on May 06, 2017, 06:52:56 PM

Quote from: Zepher on May 06, 2017, 03:16:07 PM

A comment from you on this matter would be appreciated.

Quote from: DarkDays on May 06, 2017, 06:35:51 PM

I wonder if they are still giving him the money that his "Over 600" players are generating? I wonder how high up this scam goes?

There's a way to find out, let's ask betcoin and see if/how they are willing to comment on the situation.
-> https://bitcointalksearch.org/topic/m.18900715

Quote from: DarkDays on May 06, 2017, 07:14:26 PM

This is just another in a long list of them abusing customer's funds and trust. If you get an answer, you should ask them where the rest of Jason's money is, or what the rest of the BBJ money is, or where all of the overraked money is.

You're assuming I'm not aware of the situation around Jasons Jackpot roll or other incidents. Well, take another look.

Should we also ask why crypto-games is partnered with an obvious scammer: https://game-protect.com/partner-sites-online-gaming/ And, should we ask why he has no red trust from those default trust members who're so set on issuing out red trust to other gambling sites....is it normal practice to blame sites for what their affiliate program members do? If so, then why doesn't crypto-games have any red trust for recruiting and affiliating with game-protect? ( https://bitcointalk.org/index.php?action=trust;u=874254 )

DarkDays

legendary

Activity: 2030

Merit: 1189

Quote from: ungod on May 12, 2017, 04:28:53 PM

How Betcoin has chosen to handle this situation is disgusting. They are taking the rakeback they were paying xiao and putting it back into their own pockets. They are leaving us high and dry.

The way they've handled every other situation (Jason's jackpot, BBJ, overraking hands) has been disgusting, why would you expect this to be any different? They got the players in, looked the other way when the money was stolen, won't compensate the players (seriously, how easy would it be for them to pay all of the missing rakeback out of their own pocket...especially if it was "only 40" players?), and will now continue to rake them in full. They got what they want and the fact that people got hurt doesn't matter to them because they have their legions of players who beg for $5 stakes who will call everyone else "haters" or "trolls". Betcoin prioritizes people who don't rake over players who rake heaps. It's not a good business model.

ungod

newbie

Activity: 41

Merit: 0

How Betcoin has chosen to handle this situation is disgusting. They are taking the rakeback they were paying xiao and putting it back into their own pockets. They are leaving us high and dry.

Zepher

copper member

Activity: 686

Merit: 603

Electricity is really just organized lightning

Quote from: Lutpin on May 12, 2017, 03:05:19 PM

Quote from: DarkDays on May 12, 2017, 02:57:59 PM

Oh, also, I found these fun nuggets:
"Not everyone's a degenerate gambler like you. You go around gambling like a fat man goes around visiting buffets."
From the man who was currently blowing other people's money and borrowing to try to pay them back.
https://bitcointalksearch.org/topic/m.16200464

Karma, it's a bitch.

Oh, the irony in that post from Xiaoxiao.

I genuinely don't think you should ever be trusted with others' funds again. End of.

As for Betcoin themselves, they had to of known something was going on - as my previous post indicates.

They could see that money being drained from the account in real time, and did absolutely NOTHING to stop this before it got too far out of hand. Just another indicator that Betcoin.ag does not give a shit about its' players, or they would have done something long ago.

Such a shame that players are repeatedly being screwed over when it comes to playing at Betcoin, whether it is the casino, and now, poker.

There are plenty of other casinos out there that do give a shit about players to choose from. This is just one more reason to not play there people. Vote with your wallets and find somewhere else to play x. I don't see Betcoin improving in their behaviour anytime soon. They don't deserve your loyalty.

Lutpin

copper member

Activity: 1876

Merit: 1874

Goodbye, Z.

Quote from: DarkDays on May 12, 2017, 02:57:59 PM

Oh, also, I found these fun nuggets:
"Not everyone's a degenerate gambler like you. You go around gambling like a fat man goes around visiting buffets."
From the man who was currently blowing other people's money and borrowing to try to pay them back.
https://bitcointalksearch.org/topic/m.16200464

Karma, it's a bitch.

DarkDays

legendary

Activity: 2030

Merit: 1189

Xiaoxiao

legendary

Activity: 1274

Merit: 1000

The Golden Rule Rules

Quote from: DarkDays on May 11, 2017, 08:29:34 PM

Quote from: Xiaoxiao on May 11, 2017, 06:04:06 PM

I didn't exactly have a special relationship with Betcoin to begin with.

Quote

So Betcoin decided to let me continue with that because so many people wanted in with the program. This was back in 2014. Obviously they can't operate at a loss, so they lowered me to 50%

That's exactly a special relationship. Because other people couldn't get it.

And you blew it by being a filthy degenerate. You were getting sports, casnio, and poker funds from over 600 people and you couldn't stop gambling with other people's money. That's extreme. You going to any meetings or are you still trying to spin it up?

Why were you advertising for a "Social media creator/manager" when you were already so behind on your payments that you were locking your thread so people couldn't protect others who you were trying to rope in? How were you planning on paying the .125BTC/wk you were promising?

I created that thread (regarding social media) hoping people won't think I was having trouble coming up with the RB payments since I had locked the main thread for a few weeks already. It was a diversion, to buy myself more time to figure out a way to come up with the RB that I had gambled away. I didn't and won't be needing a "social media creator".

Not even close to 600 people. 600 have signed up by clicking the link over the last 3 years, but only 40 active players. As you know, Betcoin has over 100k sign ups, but significantly less active.

What is owed will be sent to each players' accounts in the coming months. The future of the RB program is not in my control.

DarkDays

legendary

Activity: 2030

Merit: 1189

All search results for "Xiaoxiao" turn up US-based individuals. As we all know, being an affiliate for an illegal offshore US-facing site is illegal for a US citizen. As, of course, is stealing from people. Has anyone contacted "whoisprivacycorp" (http://whoisprivacycorp.com/report) and informed them of the potential illegal activities occurring on a website that they are agenting? It may be something that they would like to know.

DarkDays

legendary

Activity: 2030

Merit: 1189

Quote from: Xiaoxiao on May 11, 2017, 06:04:06 PM

I didn't exactly have a special relationship with Betcoin to begin with.

Quote

So Betcoin decided to let me continue with that because so many people wanted in with the program. This was back in 2014. Obviously they can't operate at a loss, so they lowered me to 50%

That's exactly a special relationship. Because other people couldn't get it.

And you blew it by being a filthy degenerate. You were getting sports, casnio, and poker funds from over 600 people and you couldn't stop gambling with other people's money. That's extreme. You going to any meetings or are you still trying to spin it up?

Why were you advertising for a "Social media creator/manager" when you were already so behind on your payments that you were locking your thread so people couldn't protect others who you were trying to rope in? How were you planning on paying the .125BTC/wk you were promising?

ungod

newbie

Activity: 41

Merit: 0

When you promised we would never be paid lower than 33% what was this based on? Betcoin has now said even if your account is returned it will be bumped down to 20%.

Xiaoxiao

legendary

Activity: 1274

Merit: 1000

The Golden Rule Rules

Quote from: Wh0CaR3s on May 11, 2017, 06:37:50 AM

Betcoin just announced their decision regarding Xiaoxiao, it is quite hard to follow what the future holds for Xiaoxiao revenues (more details below) but one thing for sure, right now players/Xiaoxiao's clients are getting fucked over.

https://www.betcoin.ag/xiao-rakeback-update-thread

Quote from: Xiaoxiao on May 05, 2017, 11:52:34 PM

Announcement: Due to the constant complaining regarding the high percentage I am able to offer, management has notified me that my commission has been reduced.

Beginning the week of August 8th (in 17 days), additional rakeback will be reduced to 33%. I know this may upset some of you, but this is mandatory. If I don't make this reduction, I will be operating at a heavy loss, which obviously isn't feasible.

Referrals will continue to be 5% of the player's net rake, which is unbelievably high considering the high volume players will put in on this program. Many sub affiliates of mine have been consistently getting 50-300 mbtc each week just for referring high volume players dying for a deal like this.

Anyhow, the 33% will be permanent beginning August 8th, and it cannot go any lower in the future. I will continue to bargain for the highest percentages for you guys. Take care!

https://bitcointalksearch.org/topic/m.15681692
https://imgur.com/a/Z1Lvo

b) Xiaoxiao had for a long time a special deal with Betcoin that allowed him to offer way more than any other affiliates.
Starting August'16 he was still receiving 40% RB, which is the top of the Betcoin affiliate scheme.
Xiaoxiao never was "just an affiliate", he always had special ties with Betcoin (or else he would not have his special affiliate deal).

c) Betcoin itself, said publicly that Xiaoxiao was trustworthy.

Quote from: Betcoin.AG on March 05, 2015, 04:10:13 PM

As to your statement regarding etiquette we have those questions often actually and it is public information regarding the affiliates who post here at bitcointalk about them being trusted and it is important for everyone to know that as they bring in considerable traffic and are rewarded for that.

https://bitcointalksearch.org/topic/m.10672459
https://imgur.com/a/xDCir

I suggest every Xiaoxiao's client to cash out of Betcoin, as I'm doing, considering not only we got stolen from by Xiaoxiao and now Betcoin through his special affiliate are reneging our RB deals while, apparently, let the thief got his shares of our rake for life.
This is unacceptable.

I didn't exactly have a special relationship with Betcoin to begin with. The reason my program started was that I started asking if I can be a prop player because the poker economy nearly died the years following the UIGEA fiasco with Pokerstars/fulltilt/etc. And the way to get 100% rakeback as a prop player at Betcoin was to set my affiliate at 100% rakeback. Then I realized when I referred other players I was getting 100% of their rake, so I started a thread at different forums and gained a lot of players. So Betcoin decided to let me continue with that because so many people wanted in with the program. This was back in 2014. Obviously they can't operate at a loss, so they lowered me to 50% and eventually 40%. Then nearly 3 years later I totally screwed up with managing the funds because of my gambling got out of control.

If you look at my past threads I have a sportsbetting thread on here as well as asking for a stake for poker (as my first post on this forum).

https://bitcointalksearch.org/topic/nba-expert-picks-new-season-841456

https://bitcointalksearch.org/topic/m.149723

To Game-Protect: Please just stop it. You're wrong about almost everything and you're spreading misinformation in the name of "protecting the players".

ONM

member

Activity: 89

Merit: 10

Quote from: Wh0CaR3s on May 11, 2017, 06:37:50 AM

I suggest every Xiaoxiao's client to cash out of Betcoin, as I'm doing, considering not only we got stolen from by Xiaoxiao and now Betcoin through his special affiliate are reneging our RB deals while, apparently, let the thief got his shares of our rake for life.
This is unacceptable.

I have to agree. Betcoin has said they they have numerous (10 by their count) affiliates that they offered elevated rake to, to pass onto the customers, and now all of them have reneged on their deals. They are comfortable continuing to pay these affiliates who have scammed thousands of their players for tens if not hundreds of thousands of dollars. Morally, we can't condone this and financially we can make more even on the base rakeback amount on ACR.

game-protect

hero member

Activity: 1344

Merit: 507

Xiaoxiao is obviously part of the betcoin.ag scam! Otherwise all other affiliates would have received the same deal.

Betcoin.ag is a sinking ship, they lost 66% traffic on Alexa Global Rank.

Since the Xiaoxiao scam, their traffic on pokerscout.com magically rised from 14 to 20 players in average. How is this possible while some regs stopped playing there? Answer: Faked numbers

If there is no rakeback deal now, players will get more rakeback on any other skin of the WPN with the weekly leaderboard prizes and lower rake/not faked rake.

Wh0CaR3s

newbie

Activity: 36

Merit: 0

Betcoin just announced their decision regarding Xiaoxiao, it is quite hard to follow what the future holds for Xiaoxiao revenues (more details below) but one thing for sure, right now players/Xiaoxiao's clients are getting fucked over.

https://www.betcoin.ag/xiao-rakeback-update-thread

Quote from: Xiaoxiao on May 05, 2017, 11:52:34 PM

Announcement: Due to the constant complaining regarding the high percentage I am able to offer, management has notified me that my commission has been reduced.

Beginning the week of August 8th (in 17 days), additional rakeback will be reduced to 33%. I know this may upset some of you, but this is mandatory. If I don't make this reduction, I will be operating at a heavy loss, which obviously isn't feasible.

Referrals will continue to be 5% of the player's net rake, which is unbelievably high considering the high volume players will put in on this program. Many sub affiliates of mine have been consistently getting 50-300 mbtc each week just for referring high volume players dying for a deal like this.

Anyhow, the 33% will be permanent beginning August 8th, and it cannot go any lower in the future. I will continue to bargain for the highest percentages for you guys. Take care!

https://bitcointalksearch.org/topic/m.15681692
https://imgur.com/a/Z1Lvo

b) Xiaoxiao had for a long time a special deal with Betcoin that allowed him to offer way more than any other affiliates.
Starting August'16 he was still receiving 40% RB, which is the top of the Betcoin affiliate scheme.
Xiaoxiao never was "just an affiliate", he always had special ties with Betcoin (or else he would not have his special affiliate deal).

c) Betcoin itself, said publicly that Xiaoxiao was trustworthy.

Quote from: Betcoin.AG on March 05, 2015, 04:10:13 PM

As to your statement regarding etiquette we have those questions often actually and it is public information regarding the affiliates who post here at bitcointalk about them being trusted and it is important for everyone to know that as they bring in considerable traffic and are rewarded for that.

https://bitcointalksearch.org/topic/m.10672459
https://imgur.com/a/xDCir

I suggest every Xiaoxiao's client to cash out of Betcoin, as I'm doing, considering not only we got stolen from by Xiaoxiao and now Betcoin through his special affiliate are reneging our RB deals while, apparently, let the thief got his shares of our rake for life.
This is unacceptable.

shapeshiftscam

hero member

Activity: 609

Merit: 500

Xiaoxiao sucks, he will be broke if he can't pay his referrals and he will lose all of his assets.

game-protect

hero member

Activity: 1344

Merit: 507

Partner in crime Xiaoxiao is of course directly from the betcoin.ag scam, as they would never pay a 30 BTC LOSS to a "foreign" affiliate!

Quote from: Xiaoxiao on September 09, 2016, 11:21:26 PM

Are you seriously mentally brain dead? That's for casino and sports, which I am at the lowest tier, which means I don't even get greater than 1 BTC per month for that or else I'd move up in tiers. For poker I am at 40% and giving back 33-38%.

I have an idea who is seriously mentally brain dead! Cheesy

It is mathematically and juridically absolute correct to use the average numbers and as long as you do not put the real numbers on the table, I take that one:

1) Your 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 + your 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) You received 40% commission of the BTC75 rake paid = 30 BTC

5) Your behaviour created a - 30 BTC LOSS in August for betcoin.ag

6) This clearly confirms that you are a participant of the betcoin.ag scam (and not only an affiliate), as a legitimate company would never pay 30 BTC from their pocket to a foreign affiliate! Roll Eyes

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!

DarkDays

legendary

Activity: 2030

Merit: 1189

Quote from: Lutpin on May 06, 2017, 06:52:56 PM

Quote from: Zepher on May 06, 2017, 03:16:07 PM

A comment from you on this matter would be appreciated.

Quote from: DarkDays on May 06, 2017, 06:35:51 PM

I wonder if they are still giving him the money that his "Over 600" players are generating? I wonder how high up this scam goes?

There's a way to find out, let's ask betcoin and see if/how they are willing to comment on the situation.
-> https://bitcointalksearch.org/topic/m.18900715

Sadly, they insta-delete all of my comments. I've been pointing out their scams and general shadiness for years now. This is just another in a long list of them abusing customer's funds and trust. If you get an answer, you should ask them where the rest of Jason's money is, or what the rest of the BBJ money is, or where all of the overraked money is.

Lutpin

copper member

Activity: 1876

Merit: 1874

Goodbye, Z.

Quote from: Zepher on May 06, 2017, 03:16:07 PM

A comment from you on this matter would be appreciated.

Quote from: DarkDays on May 06, 2017, 06:35:51 PM

I wonder if they are still giving him the money that his "Over 600" players are generating? I wonder how high up this scam goes?

There's a way to find out, let's ask betcoin and see if/how they are willing to comment on the situation.
-> https://bitcointalksearch.org/topic/m.18900715

Quote from: DarkDays on May 06, 2017, 07:14:26 PM

This is just another in a long list of them abusing customer's funds and trust. If you get an answer, you should ask them where the rest of Jason's money is, or what the rest of the BBJ money is, or where all of the overraked money is.

You're assuming I'm not aware of the situation around Jasons Jackpot roll or other incidents. Well, take another look.

Topic: Scam alert! Betcoinrakeback.com stole players money - page 3. (Read 4079 times)