Betcoin.ag The Real Deal?

[Falconer]

Just posting my concer here regarding this

Bitcoin gambling is around black and white so most dont have license but that does not mean they are not honest or will scam you. They are gambling sites so they will win without having to scam thats a fact of this. Most operator hides behind anonimous registration like this because of legal issue

[Wendigo]

It's a common practice to hide your registration details behind a shield at any registrar company and using strange domain names like .ag means nothing because the site is not located in Antigua and Barbuda. Also is there even any institution that issues Bitcoin casino licenses?

[BreakingSlow]

It's a common practice to hide your registration details behind a shield at any registrar company and using strange domain names like .ag means nothing because the site is not located in Antigua and Barbuda. Also is there even any institution that issues Bitcoin casino licenses?

How is this common? Every bitcoin related company who has a whois protect will get any questions, but betcoin being a gambling company, not?
You do understand that gambling sites run a way with users funds too right?

[Slark]

It's a common practice to hide your registration details behind a shield at any registrar company and using strange domain names like .ag means nothing because the site is not located in Antigua and Barbuda. Also is there even any institution that issues Bitcoin casino licenses?

How is this common? Every bitcoin related company who has a whois protect will get any questions, but betcoin being a gambling company, not?
You do understand that gambling sites run a way with users funds too right?

Of course it is not all right. But at the same time do you have personal information and adresses of every other Bitcoin Casino Owner out there? I guess not.
In some countries online casinos are forbidden (USA, Australia) and operators either will deny users access to the site or hide behind a wall of fake registrations and sketchy laws.

[newcoins1978]

It's a common practice to hide your registration details behind a shield at any registrar company and using strange domain names like .ag means nothing because the site is not located in Antigua and Barbuda. Also is there even any institution that issues Bitcoin casino licenses?

How is this common? Every bitcoin related company who has a whois protect will get any questions, but betcoin being a gambling company, not?
You do understand that gambling sites run a way with users funds too right?

Of course it is not all right. But at the same time do you have personal information and adresses of every other Bitcoin Casino Owner out there? I guess not.
In some countries online casinos are forbidden (USA, Australia) and operators either will deny users access to the site or hide behind a wall of fake registrations and sketchy laws.

Well there are laws which are there for users protection.

So is it ok that companies can hide behind fake information?
Hell on.

Should we warn people about this shady companies?
Hell yeah

[debuni]

Cmon guys, you can't be serious. Almost all of BTC companies either have registration on a off-shore zone or doesn't have it at all.
CS guys are almost 100% outsources with just a few papers Q/A. They doesn't have any real data in front of them.

And in BTC world everyone could fill a scam accusation which could burn a site in less than a 24 hours. So All of this data is unimportant. Till they are paying properly.

[dooglus]

They [...] have done nothing short of showing the highest quality customer service in the industry.  If you compare their customer service to other sites, you will find they put most others to shame.

Seriously?

[ecurrencysportsbooks]

BTC sports books don't have licenses and they all keep their information private.

[bitlancr]

Till they are paying properly.

Lol really?

So if they run away with all user funds which could be easly around 1000 BTC with 10k users, we have to start make scam accusation threads?
That makes no sense at all.

If you are legit about your business, why whould you hide anything? Correct you would not hide any information.

If you're a scammer or have wrong intentions you hide that info..

For this reason it is mandatory to register your company in every respectable country.

[fox19891989]

What i wanna say is that many sites with btc payment are not operating with license, like satoshidice, satoshibet(shut down now), bitcoinvideocasino, primedice, and many other dice sites. Buying a license costs much so i think that's why they don't have it, just save money

[Bitcoinbro]

What i wanna say is that many sites with btc payment are not operating with license, like satoshidice, satoshibet(shut down now), bitcoinvideocasino, primedice, and many other dice sites. Buying a license costs much so i think that's why they don't have it, just save money

Well that isn't a good reason right? You have to agree fees shouldn't be the main reason to not buy a license if it is mandatory?
Reading this threads make me wonder if any of the gambling sites here hold a license at all...

[debuni]

Till they are paying properly.

Lol really?

So if they run away with all user funds which could be easly around 1000 BTC with 10k users, we have to start make scam accusation threads?
That makes no sense at all.

If you are legit about your business, why whould you hide anything? Correct you would not hide any information.

If you're a scammer or have wrong intentions you hide that info..

For this reason it is mandatory to register your company in every respectable country.

It's going kind of off-topic, excuse me
Registration in "every respected country" does NOT guarantee you absolutely nothing. There is a long list of licensed/registered bookies which run away with a lot more than 1000BTC (in fiat). And wasn't MT-Gox registered in a respected country??

More important is for sites to pat because their reputation here could burn in less than 24 hours. Look recent case: master-p. He was flamed in red even before writing something against.

[sishendaoye]

Till they are paying properly.

Lol really?

So if they run away with all user funds which could be easly around 1000 BTC with 10k users, we have to start make scam accusation threads?
That makes no sense at all.

If you are legit about your business, why whould you hide anything? Correct you would not hide any information.

If you're a scammer or have wrong intentions you hide that info..

For this reason it is mandatory to register your company in every respectable country.

It's going kind of off-topic, excuse me
Registration in "every respected country" does NOT guarantee you absolutely nothing. There is a long list of licensed/registered bookies which run away with a lot more than 1000BTC (in fiat). And wasn't MT-Gox registered in a respected country??

More important is for sites to pat because their reputation here could burn in less than 24 hours. Look recent case: master-p. He was flamed in red even before writing something against.

Exchanges and gambling sites need to be maintained by trusted companies. Showing that you are hiding information is just a bad way to start earning trust.
Having read this i would never use betcoin.ag, not even for a satoshi. The same goes for the other anonymous, potential, scam casino's

[Junko]

Looking forward to OP's further research on which bitcoin gambling/dice/sportsbooks are licensed and which are not licensed. I think I read somehwere that bitcasino.io actually has a license.

Should be very interesting, indeed.

Keep us posted, OP.


 

[Rating Place]

No Bitcoin Sportsbook has a sportsbook license and there are a lot of books. It would be nice if they all had licenses and held our money in escrow but unfortunately, that's not the case. Bitcoin books and players like to keep anonymous.

Here's a list of all the sportsbooks. If some are missing, please post about them. https://bitcointalk.org/index.php?topic=717790.0 Thanks


"A" rated books
NitrogenSports A+ (2012)

"B"rated books
Betcoinsports B+ (2013)
Jetwin B+ (2013)
Casinobitcoin B (2013)

"C" rated books
Anonibet C+ (2011)
Cloudbet C+ (2013)
DirectBet C+ (2014)
Fairlay C (2014)
Betmoose C- (2014)
OLEBitcoin C- (2013)*
Predictious C- (2013)
Betbtc C- (2014)

"D" rated books
Premiumtradings D+ (2014))

"F" rated books
Asianconnect F ....................accepting deposits but they have confiscated funds from multiple players.
Ball2Win F ..........................accepting deposits. They are under the same license as "F" book gobetgo
BetCas F ............................accepting deposits but they have confiscated funds from multiple players.
BTCBonusBook (2015).......... accepting deposits with no payout history.
Casinoco (2015)...................accepting deposits but not paying out all players.
Coindrafts F (2014)
Webetcoins F (2014
Bitbm F .............................accepting deposits but not paying out all players.
Bitcoinsport F
Bitcoinlivebets F
Coinbet F
Gobetgo F (2013)
Sportbet.im F
StakeBTC F
Blockbet F
Bitbook F

NR
altbetfair.com
betbanks.com
betmbtc.com
betinbtc.com
BetVIP - closed 6/12/15
bitcasino.io/sportsbook
bitsportsbook.org
BTCBook
Coin178.com
coinbet24.com
Flutterclub.com
lvaction.com
Planetofbets.com
tdsports.com
xbet.io


* longer accepting cash deposits

Maximum grade based upon time in business:

A - 2 years
B - 1 year
C - 3 months
D - 1 month
F - reserved for books that are scams, slow paying or stiffing players


Please post comments, reviews, praises and complaints here. https://bitcointalk.org/index.php?topic=717790.0

Top books are processing withdrawals within 15 minutes. Exemptions are given to books with poker rooms. There is also some leeway with an account that gets redflagged or a large withdrawal. Post if withdrawals are taking longer than 15 minutes. Thanks again.

[Bitcoin Marketing]

Betcoin.ag is a decent operation and if they are related to WPN or not is not relevant.
In any case the players can play and can cashout, have support and someone to talk to, it should be enough.

BTW - what about all other .ag brands ?

[marketingcoin]

There is no such thing as the "World Poker Network".  You clearly haven't done any research on them if you don't even know what network they are on.

[Rating Place]

There is no such thing as the "World Poker Network".  You clearly haven't done any research on them if you don't even know what network they are on.

This was addressed on page 1 of this thread. We don't do any research on poker rooms or casinos attached to sportsbooks. It was a mistake to even mention the poker room.

It's considered a separate entity to us and they aren't mentioned in the reviews other than having a check mark in the grid containing the different features and markets of each sportsbook.

I apologize for the post.

[HarryKPeters]

In any case the players can play and can cashout, have support and someone to talk to, it should be enough.

I don't see how this is sufficient. That's not enough for me. Companies need to earn trust to get more consumers. Having them hiding out behind some firewalls, hiding whois information.
is not the way to earn trust.

It's a way to earn distrust and this is exactly what OP is bringing to the surface.

[Nameless Coin]

Betcoin.ag is a decent operation and if they are related to WPN or not is not relevant.
In any case the players can play and can cashout, have support and someone to talk to, it should be enough.

BTW - what about all other .ag brands ?

There sound come some more information about these .ag but also other gambling sites.
It's fair to risky having to count on the owners or developers of the site to remain truthfull.

Wasn't magical dice a few weeks ago broke becaues the dev's needed money?