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":
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:
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:
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?
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?
