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

[TwitchySeal]

Allow me to be a bit more specific. For this past week 2/29-3/06, I received 358.8 chips from xiao. During this same week, I received 344.2193 chips from betcoin.

My VIP rakeback level is Emerald 2, which pays 36.6%. I went through my hand histories and added up all my WPN fees for the week, which came to $10.70, or approximately 30 chips at the time. Betcoin pays out based on 100% rake paid into WPN, so their payout for the week was approximately 11 chips(10.98). Xiao only receives 50% of WPN fees, so his payout on these same tournaments is approximately 5.6 chips.

You still with me? OK, I subtracted the WPN rakeback from betcoin's amount they paid for the week, this gives us 333.2193 chips. Using a simple algebraic formula from here we can determine the total rake paid into betcoin.     333.2193    =     x          
                                                                                                    36.6              100
X = amount of rake paid into Betcoin. X=910.4352

OK, you still with me? Now, we finally have that elusive rake paid figure that Betcoin uses to pay out our rakeback to us (and presumably the figure they provide our affiliates with)

40% of 910.4352 = 364.174  Let's don't forget to add that 5.6 chips we're owed in WPN tournament fees, this brings the total to 369.774.

You paid 358.8, according to the numbers provided by betcoin, you should have paid 369.774. This is a difference of 2.97%.

This is the case each and every week. Either betcoin provides us with different numbers, or something is being skimmed. I really hope it's the first and not the latter.

in another thread xiao has:

I am new to something like this, can you help me to explain more detail how much exactly I will receive advantage be your reff link.
How we can monitor how much rakeback we earned? AFAIK a rakeback = paid by playing right? Correct me if I am wrong.

You receive VIP points and that will correlate with the rakeback that I send out.  For example if you're 10% RB vip, the rakeback I send you will be around 4x that amount or ~40%.

~40%

guess hes just gonna act like skimming a little is nbd, just throw in a tilde and boom youre honest

[DarkDays]

One has to wonder, if he's skimming a couple % off the top, and getting additional %s (he obv doesn't pay out 100% of what he's getting), and is getting 100% of his player's casino/sportsbook/dice fees, why does he have to keep pushing payments back?  Would he be willing to show his affiliate ledger sheet for the past couple of weeks?

[ungod]

I'm not sure, but did anyone find anything wrong with my math there? I've been checking this for months periodically and every single time it has been around this amount less than it should be. I really don't like to accuse anyone of anything, but the whole refusing to communicate/refusing to post the earnings...

[Xiaoxiao]

Your math is off.  You assumed that all your VIP points come from poker and fail to consider what you receive from surprise box bonus, casino play, etc.  Also WPN fees are in USD so there is a conversion rate.  Frankly I'm surprised you guys aren't banned.  

All day long you guys fill up the Betcoin chat with garbage and conspire to "take down Betcoin" and "let's take down Xiao" right there in chat.  It's amazing how you bite the hand that feeds you.  Twitchy please just stop it.  You said to show this thread some respect now please act on it.

[ungod]

Your math is off.  You assumed that all your VIP points come from poker and fail to consider what you receive from surprise box bonus, casino play, etc.  Also WPN fees are in USD so there is a conversion rate.  Frankly I'm surprised you guys aren't banned.  

All day long you guys fill up the Betcoin chat with garbage and conspire to "take down Betcoin" and "let's take down Xiao" right there in chat.  It's amazing how you bite the hand that feeds you.  Twitchy please just stop it.  You said to show this thread some respect now please act on it.

Actually, I am not wrong. Rakeback points are completely separate in the events tab, and kept apart from casino, sports, surprise box etc. There is not even a 1% chance that the rakeback points listed under events are tainted with anything other than pure poker.

You say something about VIP points, are you even aware of how the system works? VIP points have nothing to do with Betcoin points. The Betcoin points that are comped from the surprise box, from casino play, etc. are denoted as such in the Events tab.

If you had taken the time to actually view your own Events tab in your cashier, then you would have known how utterly impossible it is to confuse comp points from poker, with any other service on the site. The figures I provided were double checked for accuracy and are derived solely from Poker Comp Points.

4924736   03/17/2016 7:22am
(18 hours 10 min ago)   ungod   comp_points   9088.4508   rakeback   20160316   8   137.7038
4854284   03/13/2016 5:33pm
(4 days 7 hours ago)   ungod   comp_points   1.0098   betback   15270234   9   0.0153
3552714   01/16/2016 1:12am
(2 months 1 day ago)   ungod   surprise_box   402         comp_points

Above is an example of a paste from the Events tab. See how easy it is to tell the difference? Please don't try to discredit my factual information, meanwhile grandstanding and refusing to post any facts of your own.

4603792   03/02/2016 2:45am
(2 weeks 1 day ago)   ungod   comp_points   1380.2712   rakeback   20160229   8   20.9132
4646132   03/04/2016 12:34am
(2 weeks 4 min ago)   ungod   comp_points   1745.271   rakeback   20160301   8   26.4435
4646137   03/04/2016 12:35am
(2 weeks 4 min ago)   ungod   comp_points   2174.766   rakeback   20160302   8   32.951
4681804   03/05/2016 6:47pm
(1 week 5 days ago)   ungod   comp_points   1806.387   rakeback   20160303   8   27.3695
4704380   03/06/2016 5:56pm
(1 week 4 days ago)   ungod   comp_points   1562.8932   rakeback   20160304   8   23.6802
4704383   03/06/2016 5:56pm
(1 week 4 days ago)   ungod   comp_points   4106.2758   rakeback   20160305   8   62.2163
4747730   03/08/2016 8:31pm
(1 week 2 days ago)   ungod   comp_points   9942.6096   rakeback   20160306   8   150.6456

Also, I am not sure where all this animosity towards me comes from, until a week or two ago I had never once posted anything in your thread. I have been nothing but courteous to you in private messages, and nothing I have said on the forum is slanderous, mean-spirited, or otherwise. I would appreciate it if you would stop comparing me to others. I am just seeking some genuine customer service here. The numbers do not add up, there they are, run them yourself.

[hopenotlate]

All day long you guys fill up the Betcoin chat with garbage and conspire to "take down Betcoin" and "let's take down Xiao" right there in chat.  It's amazing how you bite the hand that feeds you.  Twitchy please just stop it.  You said to show this thread some respect now please act on it.

Can't  remember where I read it some days ago but there is also a "let's take down Betcoin Signature campaigners" conspiration running at the moment by someone I can't remember now.

So Xiao please next time mention it as well 

[MegaSteve]

Xiao. As of a few days ago Betcoin stopped regestering player points, and I'm pretty sure no rake back has been processed. Is the site doing updates again?

If you have posted already about this topic then my apologies.

Let me know!

[Slowturtleinc]

I tried to get on to this site but think my current mac is out of date,any work around for this?

Mac 10.5.8

I keep loading till I hit:

You need to enable peer asisted networking for this in settings,reloa the settings and then click confirm.

If I click settings it takes me to adobe flash which I believe is unable to work now with older macs.
If I click confirm it repeats the process and way of getting around this.

Tried puffin on my cell and it sucks big time.

[TwitchySeal]

All day long you guys fill up the Betcoin chat with garbage and conspire to "take down Betcoin" and "let's take down Xiao" right there in chat.  It's amazing how you bite the hand that feeds you.  Twitchy please just stop it.  You said to show this thread some respect now please act on it.

Can't  remember where I read it some days ago but there is also a "let's take down Betcoin Signature campaigners" conspiration running at the moment by someone I can't remember now.

So Xiao please next time mention it as well 

Xiao, you are not the hand that feeds anyone.  The players are the ones generating the revenue, not the other way around.  You can pretend like you give it all back but we both know poker rake is peanuts compared to sports and casino revenue and you're just an affiliate saying whatever you have to say doing what you have to do to get as big a piece of pie as possible.  Judging by your reaction to ungods request, that includes skimming off the top whatever you thought you could get away with.

Hopenotlate, you know the shady shit that Betcoin and Xiao have been doing but still you try to play for both sides. wtf.

[DarkDays]

Your math is off.  You assumed that all your VIP points come from poker and fail to consider what you receive from surprise box bonus, casino play, etc.  Also WPN fees are in USD so there is a conversion rate.  Frankly I'm surprised you guys aren't banned.  

It seems like a really simple way to prove your point would be to show ungod what you received for his play.  There's a clear breakdown in your affiliate center of his poker, casino, sportsbet, ect rake that you received.  If you truly paid him 40% of his poker rake for a week it would be very clear and would take you ~1 minute to show him (in private of course, I know how you Betcoin employees like to dox loyal customers).

I'm not sure why you aren't doing this, especially since when you opened this thread it was always an option.  It seems like one of your largest players has a concern and you are ignoring him and asking for him to be banned.  That's just not good business.

[Giebaymax]

if more and more chips will be the value of bitcoin?

[BigBoy89]

Are HU SNGs included in rakeback?

[marlais]

I agree that there is a lot of trolling going on in this thread, but I also think ungod has a valid question. He's posted his calculations showing that a couple percent of his rb appears to be getting skimmed somewhere, and if I were xiao, I'd be happy to show him the numbers that Betcoin provided to prove that I wasn't the one skimming the money.

It could very well be that Betcoin isn't giving accurate data to xiao, and that xiao's correctly and honestly distributing rb based on the information he's provided. In any case, it seems like it would be extremely simple for xiao to show that he's doing the right thing, and it might expose a problem with Betcoin's calcuations that haven't come to light previously. I don't see why this has to be an antagonistic exchange. It seems like it's in everyone's best interests to get this straightened out.

[DarkDays]

I agree that there is a lot of trolling going on in this thread

I don't want to get off track, since ungod has a very real complaint and has address it very appropriately and deserves to get some answers.  But I just want to point out why the whole "U GUYZ R TROLLIN" viewpoint is incorrect:

Remember when we were complaining about Betcoin overraking players for 600,000 hands?  And the Betcoin employees ITT were all like "no they weren't you're trolling!"  And then a couple weeks ago Betcoin said "oh yeah, we did do that, we're going to start processing refunds for players that we stole money from"?  Have you seen any of us say anything else about that incident in here?  Any of us saying "we were right, the shills were wrong"?  Any of us taking Xiao to task for saying that the number of players affected was FAR smaller than the actual number? 

No.

Why?

Because we aren't trolling.  We're bringing up serious problems in an effort to get them corrected.  Unfortunately, when we bring up problems they are ignored by the individuals who will lose money by correcting those problems.  That's why we have to stay vigilant.  To try to convince these people to do the right thing.

[MegaSteve]

Look I'm not saying that your points aren't valid. I'm trying to gather info about what appears to be a lotal lack of tracking all together. Is anyone else experienceing this or is it just me? My player points have not accumulated in the past 3 days. I also have not gotten rake back for this week. This happening to anyone else?

[marlais]

I agree that there is a lot of trolling going on in this thread

Remember when we were complaining about Betcoin overraking players for 600,000 hands? [...] Because we aren't trolling.  We're bringing up serious problems in an effort to get them corrected.  Unfortunately, when we bring up problems they are ignored by the individuals who will lose money by correcting those problems.  That's why we have to stay vigilant.  To try to convince these people to do the right thing.

Maybe "trolling" is a strong word, but the part where people are bringing up issues unrelated to the current problem being addressed is not helpful (e.g. overraking, which players have now been compensated for). Let's try to stay focused on the problem at hand, which is why rakeback numbers aren't adding up for some players.

[DarkDays]

I agree that there is a lot of trolling going on in this thread

Remember when we were complaining about Betcoin overraking players for 600,000 hands? [...] Because we aren't trolling.  We're bringing up serious problems in an effort to get them corrected.  Unfortunately, when we bring up problems they are ignored by the individuals who will lose money by correcting those problems.  That's why we have to stay vigilant.  To try to convince these people to do the right thing.

Maybe "trolling" is a strong word, but the part where people are bringing up issues unrelated to the current problem being addressed is not helpful  (e.g. overraking, which players have now been compensated for). Let's try to stay focused on the problem at hand, which is why rakeback numbers aren't adding up for some players.

I clearly was using that as an example to show you how the vocal critics are NOT trolling.  That fact that that issue hasn't been brought up shows that we aren't interested in trolling, just in having the right thing done for the players of the site.

Now, back to the issue at hand: Xiao, please show Ungod (in private) his affiliate feed, showing what you have received from Betcoin from being his affiliate in order to straighten the issue out between the two of you.

[Xiaoxiao]

Please see this: https://www.betcoin.ag/rakeback-and-status-points-fix-betcoin-poker

[ungod]

Xiao contacted me. We discussed the situation in depth, and everything is now 100% resolved. Thank you xiao for addressing this and taking it seriously.

[NiceSoft12]

Please see this: https://www.betcoin.ag/rakeback-and-status-points-fix-betcoin-poker

Good to see everything being fixed.... When do you think we will get last week's rb?