Quote from: Gogo ppp on February 13, 2016, 04:24:30 PM

Is the player they tried to give the jackpot to a real player?

Yes

Acction is high stakes bum hunter thats been around for years.

He is one of the guys I would think Betcoin stole the most from between October 30 and Dec 9th

Notice the hand went down on Feb 8th, Betcoin posted the article on Feb 11th about the jackpot being hit, then changed the article title from "Bad Beat Jackpot" "Bad Beat Poker Hand" on Feb 12th.

It seems like they had plenty of time to make the decision and payout 40 Bitcoins. THen as soon as they published the article they got immediate backlash.

Quote

WeebleWobble: wow1 day 20 hours ago
heads up at the highest available limit,
didnt know you could win the bbj with only two people at the table.
Actually I thought they'd canceled the bad beat jackpot.

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blingbling911: Thought heads up was DQ'ed1 day 19 hours ago
2. There must be a minimum of four or more players dealt in the hand and a rake must be collected in order to qualify for the BBJ.

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massusblack: 38,2541 day 18 hours ago
WE ARE REALY STUPID 38,254m฿ IS THE THE AMOUNT OF THE BBJ OR WHAT IS IT Huh

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SickMetaGame: We...1 day 18 hours ago
Do it for the lulz - Betcoin

Three hours later:

Quote

Betcoin Andrew: Bad Beat Jackpot Requirements Not Met1 day 17 hours ago
The bad beat jackpot requirements were not met and therefore the bad beat jackpot remains at 21,602.97 and was not paid out. There was an error when it was first reported, however this has been pointed out and changed. Thank you and good luck to everyone.

There was no error though, we know this because they posted the hand history themselves. The real error was when a group of people who are clueless about online poker decided to try and run an online poker site.

They later claimed they never paid the jackpot out, which doesn't make any sense considering the hand was dealt 4 days earlier.

I suspect the only reason they admitted that "There was an error when it was first reported" was because the player they paid didnt snap cash it out. 20 bitcoin is just a couple buyins for the guy.

If he had cashed it out and told Betcoin to fuck off when they asked for it back, I suspect they would be handling this situation the same way they did when they accidentally over raked for a month and a half, or when they accidentally funded over half the current jackpot by accidentally stealing it from players for almost 2 years when there was no jackpot, or how they underpaid my (and probably everyone) rakeback for WPN mtts. By just pretending like nothing happened and counting on their shills and affiliates to make the incidents as easy to forget as possible.

Luckily, he didn't cash it out, so they just took it back and claimed "Error when first reported, we caught the problem ourselves and never paid it out"

These are my speculations on what really happened, I can't prove them.

If you want to see what I can prove, check out this thread (work in progress):
https://bitcointalk.org/index.php?topic=1322261.msg13507632#msg13507632