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6361  Economy / Gambling / Re: BetcoinCasino.com-Betcoin.ag-DICE FREEROLLS TODAY! - 100% Bonus!480 BTC jackpots on: February 05, 2016, 04:42:16 AM
For duddly


Increased Email Security With Email Verification Code at Betcoin.ag

In order to increase our player security and prevent against phishing attempts and unauthorized messages going to players we have instituted an Email verification system.



Dooglus has very good questions. 
Quote from: Dooglus
Also, what happened? How did 'they' get everyone's account name and email address? Were funds stolen?


Should I include these questions in the the official "Scummy things that Betcoin.ag has done" list under "Serious Questions they've chosen to ignore "


I'll ask one more time, just to be fair.


What happened?


How did 'they' get everyone's account name and email address? 


Were funds stolen?
6362  Economy / Gambling / Re: BetcoinCasino.com-Betcoin.ag-DICE FREEROLLS TODAY! - 100% Bonus!480 BTC jackpots on: February 05, 2016, 12:18:22 AM
Did betcoin really have an anti collusion freeroll that it allowed people it had caught cheating to playin though?

Excellent question Donk4u.

Yes, they did.

You can see the thread where they admitted it here:

https://www.betcoin.ag/collusion-soft-play-cheating-zero-tolerance-betcoin-poker

Link to specific comment:
https://www.betcoin.ag/collusion-soft-play-cheating-zero-tolerance-betcoin-poker#comment-11099

Here is betcoin.ag lying about it months later....

No we did not allow those players to play in the tournament but as you may know a bitcoin gaming website creates some unique challenges which we embrace.  

Dear Betcoin.ag,

Yes you did.

I don't have time to prove all of your lies are lie, but you won't get away with too many in a row.

Please stop lying,

Twitchy





Also worth noting:

Instead of returning all the funds they confiscated from cheaters to the victims, they gave some of them back - and used some for their promotional freeroll.

Quote
We have been following the play of two players in our cash games for nearly 10 days, studying hundreds of hands and receiving feedback from over 20 players that have played against them. Our findings are very clear that two players are colluding, soft playing and cheating other players. We will always protect the integrity of our poker room and have the best possible environment for our players. Their accounts have been banned and even though neither player has ever made a deposit we are allowing them to keep a small portion of the funds.

The remainder and majority of the funds will be dispersed to players that were cheated and used to host a 10 btc freeroll next Sunday February 15, 2015 to make the message clear that collusion, soft play, and cheating will not be tolerated at Betcoin Poker ever and that swift and decisive action will be taken.

We thank all of the players that have come forward with data and please be assured that we will continue to provide a great place for you to play. We welcome all comments and suggestions below.

If you suspect collusion, soft play or any type of cheating at anytime, please message us immediately. ZERO TOLERANCE at Betcoin Poker.

Password for the 10 BTC Anti-Collusion Freeroll is: NoCollusion
6363  Economy / Gambling / Re: 27.12.2015 Finale - BitcoinTalk 6 Seat No Limit Showdown Series at Betcoin.AG on: February 04, 2016, 11:53:34 PM
Betcoin.ag has the best promotions online and is amazing.If you like playing poker there mtts have the biggest and best prize pools around.They also have a amazing top of the line sports book and casino.I would suggest betcoin.ag hands down over anything else for anyone that wants online gaming.They also provide you with a community chat room thats is great for player communication and fun and also players do sidebets to betcoins amazing betcoin only tourney the daily coin on a nightly basis.BETCOIN.AG  is the place to be!!!!

If you're a scammer and a cheat like michigan is then Betcoin is perfect.  Even when he does get caught, they let him choose which account he wants to continue playing on.

This is a ss of Betcoin Staff communicating before they realized that "liking" a post made part of it public.

6364  Economy / Gambling / Re: BetcoinCasino.com-Betcoin.ag-DICE FREEROLLS TODAY! - 100% Bonus!480 BTC jackpots on: February 04, 2016, 11:51:58 PM
Betcoin.ag has the best promotions online and is amazing.If you like playing poker there mtts have the biggest and best prize pools around.They also have a amazing top of the line sports book and casino.I would suggest betcoin.ag hands down over anything else for anyone that wants online gaming.They also provide you with a community chat room thats is great for player communication and fun and also players do sidebets to betcoins amazing betcoin only tourney the daily coin on a nightly basis.BETCOIN.AG  is the place to be!!!!

if you don't mind your email addresses being hacked because of their poor security and then  having them cover it up then yes

Or if you're a scammer and a cheat like michigan is.

Then Betcoin is perfect.  Even when he does get caught, they let him choose which account he wants to continue playing on.

This is a ss of Betcoin Staff communicating before they realize that "liking" a post made part of it public.

6365  Economy / Gambling / Re: BetcoinPoker.com Betcoin.ag-Big Tourneys-BONUS-Freerolls, Ring Games, Real Poker on: February 04, 2016, 08:49:10 PM
...
That would be a problem if a scammer "poker player" falsely alleges someone else took his chips inappropriately. He asks BetcoinPoker for a chargeback and the lender (who sent some coins and held the chips as collateral) gets scammed...
...

I don't get it. Betcoin allow P2P transfers but they won't act as debt-collector, who you lend to/borrow from and whether they pay you back is entirely your problem and you take the risk.

Also why would anyone use chips as collateral since chips are essentially bitcoins (you can just withdraw them)?


And what are they going to do? In The real world do casinos bar entrance, suspend, ban, or hold the funds of a player who is in debt to another player at the casino?

No.

But if they know someone is trying to scam other players they get banned for sure.
6366  Economy / Gambling / Re: BetcoinCasino.com-Betcoin.ag-DICE FREEROLLS TODAY! - 100% Bonus!480 BTC jackpots on: February 04, 2016, 05:00:23 PM


We have a lot of respect for many of the other websites in the bitcoin gaming community and there is plenty of room for us all to succeed and continue to compete for your business.  This will only make the opportunities better for all of our great players.  hopenotlate and donk4u we encourage you both to continue to post as you see fit here at bitcoin talk and not be dissuaded by another persons attempts to censor you.  Fortunately, people here at bitcointalk are very smart and can discern truth from opinion and develop their own experience. 

I would like to encourage you to respond to my posts.
You mention not letting others censor them, but you are guilty of censorship yourself.
Why did you delete these posts?
Do you consider this spam?

Wow, deleted my posts within 2 minutes...what rule did I break this time Betcoin?



Why is betcoin refusing to accept responsibility for failing to protect players personal email addresses?

Why is betcoin refusing to accept responsibility for taking more rake than they were entitled to?

Why hasn't Betcoin explained to me why I am banned from your site, when all I've done (and will continue to do) is ask questions just like these?  Meanwhile, there are many players who have have cheated or scammed other players that are not banned.  Do you really consider me more of a threat than multi accounters like freshstart?  Or serial scammers like Rozay?  Or someone worldpeace who ddos' other players in hopes of extorting money from them?

Is this something you've learned just recently? 

Quote
people here at bitcointalk are very smart and can discern truth from opinion and develop their own experience. 

Because not long ago you seemed very willing to lie.  Did you think then that people here at bitcointalk weren't smart enough to see through your unscrupulous scumbaggery?  Is that why you are ignoring me now?  You know lying won't work, do you think telling the truth would be even worse?

In case you don't remember, here are two of the lies you've told.  Each time you were called out you simply pretended as if nothing had ever happened, I suppose you were just hoping that eventually everyone would forget about them and they would be buried in the thread forever. 






  • Betcoin can't ignore Dooglus, so they lie to him
    It's a little concerning that you don't appear to have replied to any of his posts here. He seems to be raising valid concerns, but you leave them unanswered.
    Did you really use 10 BTC confiscated from cheating players to fund a promotion instead of giving them back to the players they were stolen from? If so, how do you justify that?
    Did you really allow those same cheating players to them play in the freeroll funded with the money they stole, after claiming to have zero tolerance for cheating? That sounds pretty crazy if it's true.

    It seems Betcoin Jessica was unaware that Betcoin Andrew had already admitted they had let the cheaters play months ago HERE

    Hi Dooglus, it's because we did return most of the btc and we still ran a 10 btc freeroll to thank players for their support on top of returning funds.  This was many months ago and was handled expediently.  Ironically, most of the players were from a prop program which we no longer have, yet most of the players still play in. 
    No we did not allow those players to play in the tournament but as you may know a bitcoin gaming website creates some unique challenges which we embrace. 
    We have addressed all of this before and will happily address it again as we continue to move forward. 
    Thanks guys!
    Jessica

    Quote from: Betcoin Andrew (Months Earlier)
    After several emails with this player and banning the other accounts associated, we have let him play under a strict watchful eye. We believe in second chances at Betcoin and we are watching him and many other players very closely.




  • Betcoin lies about their own ticket system while attempting to discredit a player who claims they have many unanswered tickets.
    I still have ~ 3 dozen support tickets that date back as far as 9 months ago that are still open and unresolved and ~ 1 dozen of which have never even been replied to.
    Very interesting considering we haven't had the ticketing system anywhere close to 9 months.  What is your login name?  36 unresolved tickets over 9 months is definitely something we would like to see considering we only added the ticketing system 4-6 months ago.  Also, to note, unresolved tickets brought to our attention will be resolved, therefore just let us know your login name and we will have an immediate review. 

    I posted an email with a link to a ticket from last March proving they did, in fact, have the ticketing system then.

    Quote
    -----Original Message-----
    From: Betcoin.ag [mailto:support@betcoin.ag]
    Sent: Saturday, March 14, 2015 5:02 PM
    To:XXXXXXXXXXX
    Subject: Ticket #10059: My Affiliate

    ---- Reply above this line ----

    twitchyseal,

    Thank you for contacting us. This is an automated response confirming the receipt of your ticket. We usually respond to emails within a few hours, however, sometimes it can take up to 24 hours to get a response. When replying to future responses, please make sure that the Ticket ID is kept in the email subject so that we can track your replies.

    If you have an account you can view your ticket at:
    https://www.betcoin.ag/ticket/10059





6367  Economy / Gambling / Re: #1 RATINGS of SPORTSBOOKS. Please post any payout delays. Input wanted from all. on: February 04, 2016, 12:05:06 PM
Is there anywhere that compares the prices of most books for the superbowl? 

Any info appreciated, but particularly looking for the props.  (I always like taking the bridge jumpers like no safety, no overtime, no 2 pt conversion thinking they are so unattractive to the average gambler they must have decent value)

Just looking over the ML and point spread at 5dimes, jetwin, nitrogen and Betcoin and finding a some bigger discrepancies than I thought. 

For example:

If you want Carolina Moneyline, Nitrogen has the best price at -221 and Jetwin the worst -250.  (5dimes, Nitrogen and Jetwin all have Denver +195, Betcoin +188)

But if you want to bet denver with the spread (+5.5), Jetwin offers the best price at -105.



6368  Economy / Gambling / Re: BetCoin.TM Bitcoin Casino | Poker | Slots | Sports | Live Dealers | And More! on: February 04, 2016, 10:57:05 AM
Could you please check Leaderboard for Highest Weekly Tournament stakes? Username: genata. For the second consecutive week I did NOT receive payment from it and I was in top sports. First week I thought i miscalculated my balance because I was offline. But this week I just didn't received it. And it some error, because I'm getting all others like Highest Daily and more. Also ask in chat one other user - he didn't get it either.

I want to make few suggestions: remove chat pop-up. I believe it is very annoying for returning customers every time to be asked do they need help. When user needs it, he will find it. Add normal buy-in sit and goes. And if it possible to add desktop notification when tournament start.

Support and withdraw are getting better and faster. Bug applause for that.

Bug applause made me laugh.

I like your suggestions and sorry to hear about the leaderboards. I've given you a bit of JDC to play our games while we look into this.

Are those stock images of support, or did you take them?  They're kind weird looking to begin with imo, having them slowly slide up from the corner of my window is just creepy.  Maybe bring them back for a Halloween promo.
6369  Economy / Gambling / Re: FortuneJack.com ♣ Live Casino ♠ Provably Fair Games ♦ Lowest Rake ♥ JACKPOTS on: February 03, 2016, 10:59:20 PM
Why everyone here posting their username and addy?

Can't register.
Says atleast 3 characters required at username
btcmaze has 3 characters

EDIT: i found a bug.
Please check the code for username
did i qualify for bug bounty?
Also make fonts white. better visibility than silver in dark background

There are no problems with username registration. Many users registered since yesterday and none of them experienced the same problem.

Please try again and if you experience the same problem send an email to bugbounty@fortunejack.com  along with bug screenshot. If it is a bug you will definitely qualify, but in this case we don't see any problem with user registration.



"You're the only one complaining"

does not mean

"There are no problems"
6370  Economy / Gambling / Re: BetcoinSports.com Betcoin.ag-LIVE-Football Soccer eSports-#1 Casino Poker Sports on: February 03, 2016, 10:55:53 PM
Betcoin Sports Increased Limits for Most Players

- 10 BTC for most major markets in football, basketball, baseball and hockey

- If you seek a higher max wager send us a ticket at www.betcoin.ag/support and we will assess your account for the increase. 

We are available to you at www.betcoin.ag 24/7 and thank you very much for playing with us. 

Hi,

Are you reading what other users are posting?

There are many important questions asked over the last few pages which haven't been addressed.

Please respond.
6371  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: ♥ ♥ ♥ ♥ ♥[ANN] LTC ALT sports investors, gamers, and poker players!♥ ♥ ♥ ♥ ♥ on: February 03, 2016, 02:46:30 AM
The BBJ has crossed 21,000 mBTC.  Also please take advantage of the hundreds of tournaments available each week.  Sundays are the best, however.

Most of the jackpot (~14,000 mbtc) doesn't belong to Betcoin.  It was taken from players who were told they weren't being charged for the bbjp. This was before August 3rd, when there was no jackpot.

After lying to the players about it for over a year, Betcoin "sort of" admitted they took the money, only after painfully obvious evidence was presented over and over again, for weeks... (mostly by me)  They seem to think it's ok to simply throw together "official terms" and uuse all the stolen money to seed their new jackpot. 

Betcoin has no right to use the funds for anything, they should distribute the ~12-14 bitcoins to the players they took it from before August third.

Another issue is their terms of the current jackpot do not make sense (likely because they simply threw it together last minute)

For example, they left out how the jackpot would be distributed (traditionally loser of hand gets x%, winner y%, z% is used to seed the next jackpot and table or room share the rest ), the fees make no sense - it just says 1, 5 or 10...1, 5 or 10 what though?

I've brought this up to them, along with plenty of other issues. They ignore all.


6372  Other / Archival / Re: ████►BETCOIN POKER | 50-190% RAKEBACK [HERE] | ACR WPN Tourneys◄████ on: February 02, 2016, 05:00:25 AM
More than sufficient?

It's very clear that you either don't understand what I have said, or you are intentionally misleading others with your responses.

After I explained how Betcoin was taking more than they should in rake for over 3 weeks and didn't refund, you commented:

Quote
The rake did go higher briefly but was corrected.

So "briefly" = almost a month?

"corrected" = increasing the rake, without refunding anyone?

Why do you think Betcoin did not profit from over raking players? (Table Starter + Promos + VIP etc.. is not an answer without some educated guesses and math)

Please answer Dooglus' quesion, and also how you feel about Betcoin refusing to answer and deleting it:




During the Over Rake period, how many players do you think receive over 100% rakeback, on average, at a Betcoin Cash table with 5 or more players. (My guess is 1.2 players.)

Can you disprove any of the following?  Do you think any of it is not true, even if you can't prove it?

  •  They first knew they were over charging players no later Novermber 14th
  •  They didn't even aknowledge the issue untill I made THIS POST on December 9th.

  •  Before eventually admitting the fact that they were taking more than they should, they denied it.
    Quote
    The rake is actually programmed correctly in the system with the proper cap but appears to be capping at 2 ($0.82) for most tables 5 ($2.14) for some tables and the highest of 8 mbtc ($3.43) for very few tables.

  •   Players asked about refunds.  They have yet to provide a direct answer, but implied that they would be keeping all of it because most players were receiving more than they should:
    Quote
    Refunding players who have been overpaying is a bit more complicated because most players are actually getting more than they should!
     

  •  All responses to this statement have been ignored.  All (or most) have been deleted.  
  •  From 11/14 - 12/9 over 588,000 hands were dealt at Betcoin
  •  There is evidence of the cap being too high on 11/14, 12/9 and many days in between.  There is no evidence of the cap being correct at any time during this period.
  •  Due to the table starter promotion, at any given time, no more than two players per table are receiving over 100% rakeback.  (note: XiaoXiao has now mentioned a mysterious other promotion involving other players collecting 100% plus, but hasn't clarified")
  •  Heads up cash tables are not eligible for tablestarter promotion.
  •  Example:  The rake should have never been more than 2.5% with a max of 2 chips per hand at the following table and we see 6 being taken.  A maximum of 2 are getting 100%+ rakeback, possibly 1 or 0.   So a MINIMUM of 4 out of every 6 pots larger than 80 chips results in Betcoin taking funds they aren't entitled to.


  •  Example: High stakes Heads Up Match.  The rake should be capped at 1 chip but they take 5 chips.   Because of the stakes, every time they see a flop - Betcoin took 4 more chips than they should have.  It may not seem like much, but consider they played a 200 hand session (less than an hour) and saw 70% of flops.  Betcoin would have ended up with over 500 chips that would simply be unethical to keep.









6373  Other / Archival / Re: ████►BETCOIN POKER | 50-190% RAKEBACK [HERE] | ACR WPN Tourneys◄████ on: February 02, 2016, 04:08:16 AM
Not cool to just ignore me like that....Betcoin does the same scummy thing.  Ignore you most of the time, once in a while respond with something that doesn't make sense or isn't true, then right back to ignoring.

Most players give up and drop it.

Im still here though.

Good Morning!

I didn't say Betcoin raked less because of the table starter bonus; there was ANOTHER 100% RB program which you probably didn't know about which has ended now, but you just assumed I was talking about the table starter bonus when I mentioned "100% RB program".  

I know there were some regs getting 100% rakeback for the past 10+ months, some of those accounts are now gone, but that was by no means a promotion and certainly no excuse to not return what they took from those who did not receive 100%+ rakeback.

What promotion are you talking about?

What's the point of being intentionally vague?





It's good that you're wary and alert regarding the operation of online poker rooms.  I know there's been a lot of cases of awful things happening such as the UB/Absolute incident and also Lock Poker among others, but this current debacle is almost like a witch hunt.  I can assure you that the people at Betcoin were simply inexperienced with poker room management and had no ill intent when they made the error.

I agree they are inexperienced, but you really don't seem to be looking at the big picture XiaoXiao.  Either that or you really just dgaf, which would be fine - if it weren't for all the BS you are posting about them in this thread while choosing to "disagree"/ignore all the evidence that I've presented.

The issue is NOT that Betcoin accidentally over raked their cash games.

It's because after they realized they were over raked their cash games, they pretended like they didn't know for a while,they lied about it and eventually admitted to it (sort of) then refused to return the money (sort of)  In the thread discussing this, they deleted the posts made by unhappy players and left those who complimented betcoin.  No doubt there will be players who find the thread and have no reason to assume anything other than "problem solved everyone happy"  That's just fucked up.




6374  Economy / Gambling / Re: BetcoinCasino.com-Betcoin.ag-DICE FREEROLLS TODAY! - 100% Bonus!480 BTC jackpots on: February 01, 2016, 10:42:42 PM
Hi,

Players are still wondering how our account information got into scammers hands. 

Please respond.

Thanks

Increased Email Security With Email Verification Code at Betcoin.ag

In order to increase our player security and prevent against phishing attempts and unauthorized messages going to players we have instituted an Email verification system.



Dooglus has very good questions. 
Quote from: Dooglus
Also, what happened? How did 'they' get everyone's account name and email address? Were funds stolen?


Should I include these questions in the the official "Scummy things that Betcoin.ag has done" list under "Serious Questions they've chosen to ignore "


I'll ask one more time, just to be fair.


What happened?


How did 'they' get everyone's account name and email address? 


Were funds stolen?
6375  Economy / Gambling / Re: Moneypot just took a huge loss? on: January 31, 2016, 05:00:59 PM
Regardless of if this bet was kelly compliant, regardless of the question of if it was appropriate to allow this bet, and regardless of what the setters of MoneyPot were under RHaver, if it is your opinion that this bet would allow excessive risks, then it is your responsibility as the owner/operator of MoneyPot to disallow such bets from being placed. As the owner/operator of MoneyPot, it is your responsibility to ensure that your bankroll investors are not exposed to excessive risk.

No it's not.

As an investor - I would prefer the Bankroll not to be based on any humans personal risk tolerance level.  (if my assumptions are accurate, then especially ranlos)

I would prefer my investment to be subjected to the extreme risk they said it would be.  I'm fully aware the bankroll could get wiped out and the upside that comes with it.  That's one of the biggest reasons I find it appealing.




~32k bets placed every day, which puts an excessive risk on the bankroll, as if bets are large enough, then the bankroll could potentially be wiped out multiple times per day

You've got it backwards.  Volume reduces variance.
6376  Other / Archival / Re: ████►BETCOIN POKER | 50-190% RAKEBACK [HERE] | ACR WPN Tourneys◄████ on: January 31, 2016, 04:11:50 PM
Good Morning!

I didn't say Betcoin raked less because of the table starter bonus; there was ANOTHER 100% RB program which you probably didn't know about which has ended now, but you just assumed I was talking about the table starter bonus when I mentioned "100% RB program".  

I know there were some regs getting 100% rakeback for the past 10+ months, some of those accounts are now gone, but that was by no means a promotion and certainly no excuse to not return what they took from those who did not receive 100%+ rakeback.

What promotion are you talking about?

What's the point of being intentionally vague?





It's good that you're wary and alert regarding the operation of online poker rooms.  I know there's been a lot of cases of awful things happening such as the UB/Absolute incident and also Lock Poker among others, but this current debacle is almost like a witch hunt.  I can assure you that the people at Betcoin were simply inexperienced with poker room management and had no ill intent when they made the error.

I agree they are inexperienced, but you really don't seem to be looking at the big picture XiaoXiao.  Either that or you really just dgaf, which would be fine - if it weren't for all the BS you are posting about them in this thread while choosing to "disagree"/ignore all the evidence that I've presented.

The issue is NOT that Betcoin accidentally over raked their cash games.

It's because after they realized they were over raked their cash games, they pretended like they didn't know for a while,they lied about it and eventually admitted to it (sort of) then refused to return the money (sort of)  In the thread discussing this, they deleted the posts made by unhappy players and left those who complimented betcoin.  No doubt there will be players who find the thread and have no reason to assume anything other than "problem solved everyone happy"  That's just fucked up.



6377  Economy / Gambling / Re: BetCoin.TM Bitcoin Casino | Poker | Slots | Sports | Live Dealers | And More! on: January 31, 2016, 01:14:58 PM
Your video poker bot is pretty special.

It loooooves Inside Straight Draws.  Even more than:

(these are all the suggested plays/plays that would be made on auto bet)

Outside Straight Draws...




Small Pairs...



Medium Pairs....



How about 3 to a Royal?  No ty, I'll take the inside straight draw pls.



6378  Economy / Gambling / Re: FORTUNEJACK.COM | No.1 for Cryptocurrency Gambling | Provably Fair | 3 BTC BONUS on: January 31, 2016, 12:26:15 AM
How is it my fault that they have misleading advertisements on their own site?  

There is no missleading information on this. You are the one that only read the headline but ignore everything else. If there isnt any term of condition for this written anywhere on site then it is misleading advertisements but as you can see in the screenshot provided, it has been stated very clear regarding it

I saw the ad they have today:



If they are only giving rebate to 3 players a week, that's definitely misleading.

Obviously they hope for most to follow this order:  see the sign makes you deposit, lose the deposit then you read the terms, realize if you want that rebate you better Re Deposit quick!


It is how most all casinos attract players to play in their site, there will be always terms and conditions on the promotions. Something like no deposit bonus or deposit bonus that has some requirements, but most of the banners will not tell you the T & C. Players need to be more careful in order to take/claim any promotions, at least read more details about it first.
So I dont think it is misleading, except there is no more details listed on their T&C or promotions page.

I agree that it's very common for casinos to use similar advertising strategies, but that doesn't make if ethical.

their banner says to every player  "unlucky TODAY? no worries,  well give you a loss rebate"

since they only intend to offer the rebate to 3 players a week, the ad should either be more specific, or have a direct link which takes you directly to the T and c for that specific promotion.
yes, it is too misleading, so everyone thinks they have the 20% loss back chances, but in the end, it is not, it is biased slogan, fj plz modify it, or it could be seemed as a fake promo.

Stop saying it is misleading because it is no. It is his fault for not double checking it . You cant seriously expect a casino to make 20 % rebate loss in every of your lost back to you. The term is written clearly on the promotions page, if only he had read it then he would not said it is a misleading ads

It is clearly misleading, in my opinion.

also, other casinos offer this type of promo to all players regurlarly, so yes, you could expect this one to as well, especially if they advertise as such.
6379  Economy / Gambling / Re: Moneypot just took a huge loss? on: January 30, 2016, 05:13:13 AM
So in layman's terms, did the bet go through due to an error or was it simply just luck? A huge heap ton of luck?

The bet going through or not is something completely deterministic. As in, if it's "kelly compliant" it will go through. If it's not, it won't. So there's no luck involved. The greater question is, was the bet "kelly complaint" or not? I'm not really sure. Both Dooglus and I have independently calculated it, and are getting the same result (which would indicate it is). Blockage has calculated it, and believes the house is risking ~120x too much.

Honestly, I don't know which is right. I have very little confidence in the hacked up code I wrote and the results are rather unintuitive (e.g. in some cases, Dooglus found it's recommending the casino to risk 90% of it's bankroll for a plinko bet with < 1% edge). Perhaps Dooglus and I are making the same mistake and getting the same result. But I also feel strongly like blockage's results are incorrect. I think that the house edge should be a lower-bound for the kelly, and blockage's result is under that. Although, it wouldn't be the first time he's proven me wrong.

Anyway, maths if for nerds. Just simulate it and it should be be easy to see Tongue


Yes,  he got very lucky.
6380  Economy / Gambling / Re: FORTUNEJACK.COM | No.1 for Cryptocurrency Gambling | Provably Fair | 3 BTC BONUS on: January 30, 2016, 01:45:55 AM
How is it my fault that they have misleading advertisements on their own site?  

There is no missleading information on this. You are the one that only read the headline but ignore everything else. If there isnt any term of condition for this written anywhere on site then it is misleading advertisements but as you can see in the screenshot provided, it has been stated very clear regarding it

I saw the ad they have today:



If they are only giving rebate to 3 players a week, that's definitely misleading.

Obviously they hope for most to follow this order:  see the sign makes you deposit, lose the deposit then you read the terms, realize if you want that rebate you better Re Deposit quick!

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