███►BetcoinRakeback.com | 58-83% RAKEBACK [Here ONLY] | ACR WPN Tourneys◄███

[RazzleDazzle]

This is a hilarious thread.

ITT, we find gems such as:

1) "NOOOO, it was the casino part of our website that scammed players, so you can still trust the poker part"
2) "WHY DO YOU GUYS REPEATEDLY KEEP POINTING OUT THAT THE SITE I AM SPAMMING IN AN EFFORT TO PUT MONEY IN MY POCKETS IS ALWAYS STEALING FROM THE PLAYERS?? c'mon be more respectful of my hustle"
3) "Don't troll us because we're a dishonest operation, you have to have standards even if we have none"
4) "What?? I'm just an affiliate that promotes and convinces players to sign up to a site that offers only me the ability to give the best rakeback deals to players...it's not like I'm responsible for what happens to those players afterwards.  C'mon, I barely have any affiliation with the site."

Please carry on. 

[TwitchySeal]

This is a hilarious thread.

ITT, we find gems such as:

1) "NOOOO, it was the casino part of our website that scammed players, so you can still trust the poker part"
2) "WHY DO YOU GUYS REPEATEDLY KEEP POINTING OUT THAT THE SITE I AM SPAMMING IN AN EFFORT TO PUT MONEY IN MY POCKETS IS ALWAYS STEALING FROM THE PLAYERS?? c'mon be more respectful of my hustle"
3) "Don't troll us because we're a dishonest operation, you have to have standards even if we have none"
4) "What?? I'm just an affiliate that promotes and convinces players to sign up to a site that offers only me the ability to give the best rakeback deals to players...it's not like I'm responsible for what happens to those players afterwards.  C'mon, I barely have any affiliation with the site."

Please carry on. 

^^^also not my alt account

[DarkDays]

  Don't you think that is slander/libel?

That's like the 10th time you've said those words and you STILL don't know what they mean.  Even though people have told you what they mean!

You can't be this dumb.

[Xiaoxiao]

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!

[ONM]

This is disappointing although it does make sense considering all of the rake back avenues betcoin offers. 

Since this new rate is 17% lower than the rate some of us signed up under are there any additional benefits coming?  Perhaps a rake race?

[Xiaoxiao]

This is disappointing although it does make sense considering all of the rake back avenues betcoin offers. 

Since this new rate is 17% lower than the rate some of us signed up under are there any additional benefits coming?  Perhaps a rake race?

Yes, having a rake race is highly likely in the future.  I've actually pondered organizing a rake race in the past, but I didn't really have a good avenue or platform to organize it.  Now that I have a site nearing its completion, I will begin thinking of extra promotions I can add to this program.

[Wh0CaR3s]

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!

Like I said the last time you cut the RB% given to your players, Betcoin/you could have chosen to do what you were supposed to do: grandfather your old players’ deal who signed up early and helped build the – somewhat – player base. You did not elect to take that route.

Fun fact: the more I play on Betcoin, I get almost the same total rewards.
I started being Bronze (10% cashback) with a total of 60% RB [10% Bronze Status + 50% Xiao’s RB]
Now I’m Gold (30% cashback) and in August my total RB will be 63% ! [30% Gold Status + 33% Xiao’s RB]

But it is even worse. In the meantime, Betcoin did up its rake by 60% in December ‘15 !
https://www.betcoin.ag/betcoin-poker-table-rake-update

Let’s do some calculations, about what’s the based Net Rake (Net Rake without VIP Status which are constant and differs player to player. To find your true Net rake just apply your VIP Status then and what it will be in August) for a player that did sign-up through Xiao in December ’15 and what is gonna be in August ’16.

In December ’15: $1 Rake with a 50% RB = $0.5 based Net Rake for the player.
In August ’16: $1 Rake is $1.6 in Brut Rake (due to Betcoin rake increase) with a 33% RB = $1.072 based Net Rake for the player.

So per $, the based Net Rake for any given player went from $0.5 to $1.072.
A 114.4% increase in based Net Rake in 9 months !

Ridiculous.

[Xiaoxiao]

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!

Like I said the last time you cut the RB% given to your players, Betcoin/you could have chosen to do what you were supposed to do: grandfather your old players’ deal who signed up early and helped build the – somewhat – player base. You did not elect to take that route.

Fun fact: the more I play on Betcoin, I get almost the same total rewards.
I started being Bronze (10% cashback) with a total of 60% RB [10% Bronze Status + 50% Xiao’s RB]
Now I’m Gold (30% cashback) and in August my total RB will be 63% ! [30% Gold Status + 33% Xiao’s RB]

But it is even worse. In the meantime, Betcoin did up its rake by 60% in December ‘15 !
https://www.betcoin.ag/betcoin-poker-table-rake-update

Let’s do some calculations, about what’s the based Net Rake (Net Rake without VIP Status which are constant and differs player to player. To find your true Net rake just apply your VIP Status then and what it will be in August) for a player that did sign-up through Xiao in December ’15 and what is gonna be in August ’16.

In December ’15: $1 Rake with a 50% RB = $0.5 based Net Rake for the player.
In August ’16: $1 Rake is $1.6 in Brut Rake (due to Betcoin rake increase) with a 33% RB = $1.072 based Net Rake for the player.

So per $, the based Net Rake for any given player went from $0.5 to $1.072.
A 114.4% increase in based Net Rake in 9 months !

Ridiculous.

I hear you.  The thing I can promise you is that this 33% extra rakeback (beginning Aug. 8th) will be permanent, meaning it will never go lower than this (and I will continue to bargain for higher percentages for you guys).  This rakeback program is still the best in the industry and it will stay this way!

[Nubitcoinerr]

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!

Like I said the last time you cut the RB% given to your players, Betcoin/you could have chosen to do what you were supposed to do: grandfather your old players’ deal who signed up early and helped build the – somewhat – player base. You did not elect to take that route.

Fun fact: the more I play on Betcoin, I get almost the same total rewards.
I started being Bronze (10% cashback) with a total of 60% RB [10% Bronze Status + 50% Xiao’s RB]
Now I’m Gold (30% cashback) and in August my total RB will be 63% ! [30% Gold Status + 33% Xiao’s RB]

But it is even worse. In the meantime, Betcoin did up its rake by 60% in December ‘15 !
https://www.betcoin.ag/betcoin-poker-table-rake-update

Let’s do some calculations, about what’s the based Net Rake (Net Rake without VIP Status which are constant and differs player to player. To find your true Net rake just apply your VIP Status then and what it will be in August) for a player that did sign-up through Xiao in December ’15 and what is gonna be in August ’16.

In December ’15: $1 Rake with a 50% RB = $0.5 based Net Rake for the player.
In August ’16: $1 Rake is $1.6 in Brut Rake (due to Betcoin rake increase) with a 33% RB = $1.072 based Net Rake for the player.

So per $, the based Net Rake for any given player went from $0.5 to $1.072.
A 114.4% increase in based Net Rake in 9 months !

Ridiculous.

I too signed up when it was 50%... the good old days when it was almost rake free.... still can't complain about 63% rb as long as it can't go any lower.

[Xiaoxiao]

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!

Like I said the last time you cut the RB% given to your players, Betcoin/you could have chosen to do what you were supposed to do: grandfather your old players’ deal who signed up early and helped build the – somewhat – player base. You did not elect to take that route.

Fun fact: the more I play on Betcoin, I get almost the same total rewards.
I started being Bronze (10% cashback) with a total of 60% RB [10% Bronze Status + 50% Xiao’s RB]
Now I’m Gold (30% cashback) and in August my total RB will be 63% ! [30% Gold Status + 33% Xiao’s RB]

But it is even worse. In the meantime, Betcoin did up its rake by 60% in December ‘15 !
https://www.betcoin.ag/betcoin-poker-table-rake-update

Let’s do some calculations, about what’s the based Net Rake (Net Rake without VIP Status which are constant and differs player to player. To find your true Net rake just apply your VIP Status then and what it will be in August) for a player that did sign-up through Xiao in December ’15 and what is gonna be in August ’16.

In December ’15: $1 Rake with a 50% RB = $0.5 based Net Rake for the player.
In August ’16: $1 Rake is $1.6 in Brut Rake (due to Betcoin rake increase) with a 33% RB = $1.072 based Net Rake for the player.

So per $, the based Net Rake for any given player went from $0.5 to $1.072.
A 114.4% increase in based Net Rake in 9 months !

Ridiculous.

I too signed up when it was 50%... the good old days when it was almost rake free.... still can't complain about 63% rb as long as it can't go any lower.

You guys have my personal guarantee that the 33%, which will be effective August 8th, will be the lowest possible % for this service.  It can only go higher.

[Xiaoxiao]

Lobby Update:

Currently, there are 22 active tables running, and the BBJ is approaching 30 bitcoins.  Good luck everyone!





Also in before Twitchy says something like, "they stole that BBJ scumbag" or something a long those lines.

[TwitchySeal]

Seems like Betcoin doesn't consider this forum (or Xiaoxiao) worth much as far as recruiting new signups.  

Enjoy your profit from whichever tier those 350+ signups gets you




scumbag

[DarkDays]

Also in before Twitchy says something like, "they stole that BBJ scumbag" or something a long those lines.

Can you show me a cold wallet address, signed by Betcoin, showing the 28BTC in it?  Because if you can't, you can't say that they haven't stolen those funds.

Scumbag.

[Xiaoxiao]

Also in before Twitchy says something like, "they stole that BBJ scumbag" or something a long those lines.

Can you show me a cold wallet address, signed by Betcoin, showing the 28BTC in it?  Because if you can't, you can't say that they haven't stolen those funds.

Scumbag.

Are you serious?  The last time I checked, just one of their main wallets had a balance of 1300 bitcoins, and they had like 4 main wallets with a total of ~3000 coins.  Also they didn't hesitate to payout the BBJ when they thought it was hit: https://www.betcoin.ag/actl0nnnn-loses-king-quads-royal-flush-bad-beat-poker-hand but players pointed out that it didn't qualify.

[Xiaoxiao]

Seems like Betcoin doesn't consider this forum (or Xiaoxiao) worth much as far as recruiting new signups.  

No, I can't even count how many incorrect assumptions you've made about me and my service thread.  We both know you and a few others had been continuously nagging Betcoin to reduce my percentage and by extension the players' percentages.  Betcoin was reluctant to do so but simply couldn't take the continuous demands over the years.  

In the end this reduction only benefited your ego.  The players obviously doesn't want this to happen.  I obviously don't want this to happen, and Betcoin isn't too thrilled about reducing a pool 200-300 rotating players' additional rb.  So in the end the only thing that benefited from all this is your ego.

[DarkDays]

Also in before Twitchy says something like, "they stole that BBJ scumbag" or something a long those lines.

Can you show me a cold wallet address, signed by Betcoin, showing the 28BTC in it?  Because if you can't, you can't say that they haven't stolen those funds.

Scumbag.

Are you serious?  The last time I checked, just one of their main wallets had a balance of 1300 bitcoins, and they had like 4 main wallets with a total of ~3000 coins.  Also they didn't hesitate to payout the BBJ when they thought it was hit: https://www.betcoin.ag/actl0nnnn-loses-king-quads-royal-flush-bad-beat-poker-hand but players pointed out that it didn't qualify.

I am serious.  I'm not aware of them signing any wallets, let alone ones that have 3000BTC worth of funds in them.  That would certainly go a long way to easing player's concerns about their solvency!  I must have missed those messages, could you please point me in their direction?

[TwitchySeal]

Seems like Betcoin doesn't consider this forum (or Xiaoxiao) worth much as far as recruiting new signups.  

No, I can't even count how many incorrect assumptions you've made about me and my service thread.  We both know you and a few others had been continuously nagging Betcoin to reduce my percentage and by extension the players' percentages.  Betcoin was reluctant to do so but simply couldn't take the continuous demands over the years.  

In the end this reduction only benefited your ego.  The players obviously doesn't want this to happen.  I obviously don't want this to happen, and Betcoin isn't too thrilled about reducing a pool 200-300 rotating players' additional rb.  So in the end the only thing that benefited from all this is your ego.

You're lying or an idiot if you think Betcoin reduced your commision because I was nagging them to do so. 

How do we even know they reduced them?  You've refused to be transparent.   Perhaps nothing was changed and you're just pocketing the difference. 

[game-protect]

Betcoin.ag Poker Terms of Service (TOS)

BetcoinPoker.com advises You to read all of these documents carefully as each forms part of the legally binding agreement between You and BetcoinPoker.com

-> It is juridical not possible to have a legally binding agreement with a domain name! Legally binding agreements are only possible between legal entities or private persons. The “Terms of Service” does also neither state the name of the operator nor a gambling license (if any exist), nothing!

-> False and misleading statements are the criminal offense of fraud!

Fraud Act 2016

2 Fraud by false representation

(1) A person is in breach of this section if he—

(a) dishonestly makes a false representation, and

(b) intends, by making the representation—

(i) to make a gain for himself or another, or

(ii) to cause loss to another or to expose another to a risk of loss.

(2) A representation is false if—

(a) it is untrue or misleading, and

(b) the person making it knows that it is, or might be, untrue or misleading.

(3) “Representation” means any representation as to fact or law, including a representation as to the state of mind of—

(a) the person making the representation, or

(b) any other person.

(4) A representation may be express or implied.

(5) For the purposes of this section a representation may be regarded as made if it (or anything implying it) is submitted in any form to any system or device designed to receive, convey or respond to communications (with or without human intervention).


Betcoin.ag governed in Hong Kong or in Curacao or nowhere?

25. GOVERNING LAW

These Agreements shall be governed by and interpreted in accordance with the laws of Hong Kong. You irrevocably agree to submit to the exclusive jurisdiction of the courts of Curacao in The Netherlands Antilles for the settlement of any dispute or matters arising out of or concerning these Agreements or their enforceability.

Based on what shall the alleged agreements with Betcoin.ag be governed and interpreted in accordance with the laws of Hong Kong?

How could “These Agreements” be governed and interpreted in accordance with the laws of Hong Kong, while online gambling is not allowed in Hong Kong? Does this make sense?

If the Betcoin.ag operation shall be governed by and interpreted in accordance with the laws of Hong Kong, why do you need to irrevocably agree to submit to the exclusive jurisdiction of the courts of Curacao in The Netherlands Antilles for the settlement of any dispute or matters arising out of or concerning these Agreements or their enforceability?

Is the company who operates Betcoin.ag incorporated in Curacao and holds a worthless Curacao eGaming license?

If this is the case, what is the name of the company? Why is the name of the operator not stated on their website?

If Betcoin.ag has a valid license, why do they not state the seal on their website?

Do you feel comfortable to send your Bitcoin to something while you do not know who the operator is?

Would it matter for you if this something would have a gambling license, or do you not care at all?

[cjmoles]

Betcoin.ag Poker Terms of Service (TOS)

BetcoinPoker.com advises You to read all of these documents carefully as each forms part of the legally binding agreement between You and BetcoinPoker.com

-> It is juridical not possible to have a legally binding agreement with a domain name! Legally binding agreements are only possible between legal entities or private persons. The “Terms of Service” does also neither state the name of the operator nor a gambling license (if any exist), nothing!

-> False and misleading statements are the criminal offense of fraud!

Fraud Act 2016

2 Fraud by false representation

(1) A person is in breach of this section if he—

(a) dishonestly makes a false representation, and

(b) intends, by making the representation—

(i) to make a gain for himself or another, or

(ii) to cause loss to another or to expose another to a risk of loss.

(2) A representation is false if—

(a) it is untrue or misleading, and

(b) the person making it knows that it is, or might be, untrue or misleading.

(3) “Representation” means any representation as to fact or law, including a representation as to the state of mind of—

(a) the person making the representation, or

(b) any other person.

(4) A representation may be express or implied.

(5) For the purposes of this section a representation may be regarded as made if it (or anything implying it) is submitted in any form to any system or device designed to receive, convey or respond to communications (with or without human intervention).


Betcoin.ag governed in Hong Kong or in Curacao or nowhere?

25. GOVERNING LAW

These Agreements shall be governed by and interpreted in accordance with the laws of Hong Kong. You irrevocably agree to submit to the exclusive jurisdiction of the courts of Curacao in The Netherlands Antilles for the settlement of any dispute or matters arising out of or concerning these Agreements or their enforceability.

Based on what shall the alleged agreements with Betcoin.ag be governed and interpreted in accordance with the laws of Hong Kong?

How could “These Agreements” be governed and interpreted in accordance with the laws of Hong Kong, while online gambling is not allowed in Hong Kong? Does this make sense?

If the Betcoin.ag operation shall be governed by and interpreted in accordance with the laws of Hong Kong, why do you need to irrevocably agree to submit to the exclusive jurisdiction of the courts of Curacao in The Netherlands Antilles for the settlement of any dispute or matters arising out of or concerning these Agreements or their enforceability?

Is the company who operates Betcoin.ag incorporated in Curacao and holds a worthless Curacao eGaming license?

If this is the case, what is the name of the company? Why is the name of the operator not stated on their website?

If Betcoin.ag has a valid license, why do they not state the seal on their website?

Do you feel comfortable to send your Bitcoin to something while you do not know who the operator is?

Would it matter for you if this something would have a gambling license, or do you not care at all?

^^Right.  Very valid points and questions.

However, a quick investigation of the other gambling operations advertised on this forum demonstrates that there are not many who do have a license of any kind, nor has their RNG's been audited and certified by any governing bodies.  That seems to be the unregulated decentralized nature of the bitcoin economy.  But, I ask you this: Is it not substantial at all that some of the software providers Betcoin.ag contracts out to, like the Winning Poker Network, are licensed in some jurisdictions and there have been audits conducted on their RNG's?

[TwitchySeal]

cjmoles is only interested in Betcoin succeeding.  What he doesn't ignore he will lie about.  Don't waste your time engaging him.