Quote from: game-protect on September 10, 2016, 06:08:27 PM

Quote from: Wh0CaR3s on September 10, 2016, 04:15:45 PM

Quote from: game-protect on September 10, 2016, 01:41:08 PM

Quote from: TwitchySeal on September 10, 2016, 03:51:18 AM

You're also saying that your signups generate over BTC75 last month in just poker rake.

Quote from: Xiaoxiao on September 10, 2016, 03:21:26 AM

Are you seriously mentally brain dead? That's for casino and sports, which I am at the lowest tier, which means I don't even get greater than 1 BTC per month for that or else I'd move up in tiers. For poker I am at 40% and giving back 33-38%.

I have an idea who is seriously mentally brain dead! Cheesy

However, let a stupid looking person elaborate your nonsense:

1) Your referred players paid BTC75 rake in August

2) They receive between 58-133% rakeback (- 33% rakeback from you directly) = 58-100% rakeback from betcoin.ag = 79% rakeback in average from betcoin.ag

3) From the BTC75 rake paid in August, betcoin.ag paid 79% back to players and made a 21% gross revenue = 15.75 BTC

4) You received 40% commission of the BTC75 rake paid = 30 BTC

5) Your behaviour created a - 14.25 BTC LOSS in August for betcoin.ag

6) This clearly confirms that you are a participant of the betcoin.ag scam (and not only an affiliate), as a legitimate company would never pay 14.25 BTC from their pocket to a foreign affiliate! Roll Eyes

This calculation also confirms that the betcoin.ag scam pays the too good to be true promotions, 58-133% rakeback = 95,5% average, surprise boxes, affiliate commissions, signature campaigns, software provider fees, employees, infrastructure and whatever costs from the player deposits/not paid jackpot winnings/scams and this is called PONZI SCHEME!

Sorry to interfere into your affiliate war (yes, game-protect is just an affiliate even if he tries very hard to make people believe he is somethings else) and, as a player, stop the misinformations of the post above.

58% - 133% RB.
Lets break it down. There are 3 components that could render a reward up to 133% RB.

33% RB coming from Xiao.

Reality: Indeed everyone under Xio get this flat RB. Sadly I might add, since it used to be higher.

For Flat RB it is in the low end of what RB deals can offer in the industry but a lot of Sites once big enough did stop using affiliates altogether.
Still you can find same deals for networks where Traffic is incomparable way higher than Betcoin like Microgaming . And way higher than that on Ipoker (even when taking into consideration their special system SBR).

Betcoin probably made a mistake by going all-in with only one affiliate some might argue having affiliates is a mistake in itself, but when you are a new site it is often, if not necessary, at least the easiest way to gain some traction - and even now that Xiao has a normal deal it still prevents competitors to challenge him because before they generate the amount of BTCs necessary to reach the last tier of the affiliate scheme, they will not be able to offer their players the same amount as Xiao does.

It seems as well to stir-up a lot of hate / jealousy coming from various people towards Xiao.
In the end, Xiao makes the most of it do not think it is fair to blame him for that, tho you can probably be a bit disappointed that he does not have the kind of leverage you might expect him to have from his special place and Betcoin probably does suffer -their mistake in the first place- that their site would have probably gotten more exposure with a real competition among multiple affiliates.

The solution could be that Betcoin offers Top Tier Affiliate Scheme (40%) to others for Poker Only (for Casinos/Sportbooks theyd need to climb up the Scheme).

50% coming from the last VIP Status level.
Reality: no one reached yet such a status. So no one so far, is getting that amount or close to it from the VIP Status.

SWCpoker has the exact same type of VIP Scheme: you climb up for life and the top level rewards you of 50% RB.

50% from Table Starter Rakeback.
It is probably the most misunderstood component of it all.

It only benefits players that are willing to start games. And they are very few. Why ? Because most poker players like to play against weak opponents and when you have to start tables you cannot choose who youre playing against.
Generally, only the top players at their own stakes are willing to create action by opening tables and playing HU.
They are rewarded for that, as they should.

Game-protect wants you to believe that anyone benefits from that feature.
It cannot be further from the truth.
Lets add to the fact that only few players are willing to use the feature, it is quite limited now both in time and in number at Betcoin. You have to play at least 1 hour straight and you are limited to 2 tables.

Game-protect wants you to believe that because on top of the VIP/RB you can get 50% more for TSR it is something unique and that is the proof that Betcoin is a Ponzi scheme.
Practices among the poker sites in the online world.
SWCpoker has the exact same feature, but is even better than Betcoin for the players: 50% not only for HU but as well for 3 handed play. No time limit and no table limit (but starting 4 handed you lose the benefit).

Notice that with the same reward for VIP and even with the lack of flat RB, depending on stakes/format SWCpoker is a cheaper place to play than Betcoin because of a rake way lower.

So SWCpoker is a Ponzi scheme as well ?

A lot of small online poker sites used prop players. Players that are paid to start tables and create action on the site.
Those deals are made under the coat. Is it not better that everyone willing to create action is getting rewarded for it ?

Practices in brick and mortar casinos.
Prop players came from the live background.

In multiple live casinos you either have prop players (it does costs live casinos money) or casinos that did opt for the same kind of offer than Betcoin/SWCpoker: rake free for HU /3handed [yep, 100%RB]. And you still get comps.
So are they losing money ? Theyre just willing to pay small money to get game going and then rake it than having no game running at all.

Are live casinos Ponzi Schemes as well because of that ?

To anyone who wants to make business with game-protect: Beware.
It is pretty clear that he has zero knowledge of the poker industry. For someone claiming that under him as an affiliate he will be able to protect you of the said industry, it does not compute.

I suggest you to go through a lot of his posts here in order to give you an idea of what type of individual he is or even go to other forums like 2p2 (this thread in particular is quite telling about his abilities http://forumserver.twoplustwo.com/28/internet-poker/does-skrill-make-contradictory-statements-their-legally-binding-contract-1589116/ ) or PokerFraudAlert where he is, to say the least, not receiving a warm welcome; which does not prevent him to link the said forum on his website to lure people into thinking he is somewhat related to it and to give him some kind of false legitimacy in the process.

So many lies and nonsense in one post! Roll Eyes

My calculation is perfect, because there are no exact numbers available and in my calculation are all the other promotions and freerolls and overlays and whatever not considered. So if the average for 58-133% would be more like 78%, it could be still around 95% if you add all the other additional promotions and overlays, surprise boxes and whatever.

Even if the players would receive "only" 78% rakeback in average, it would be still not sustainable and betcoin.ag has a loss every month!

While affiliate commissions are one part of the revenue stream of Game Protect to finance the legal proceedings against criminal online gaming operators, Game Protect is not just an affiliate. This is a blatant lie and has nothing to do with the reality! Roll Eyes

Xiaoxiao is also no affiliate, he is a criminal directly from betcoin.ag, because:

1) He is the only one who is able to offer this 58 -133% rakeback deal

2) Legitimate gambling companies would never pay up to 40% commission on the gross rake, while average rakeback is around 95%!

3) 58% rakeback is minimum when signing thru betcoin.ag and 133% maximum = 95,5% rakeback in average for the player.

If you are a publicly proven multiple scam, it does not matter if you have only one house affiliate or 100 external affiliates or pay a ton for signature and whatever promotion campaigns. Your business model is and will be always not sustainable and it can only run because you cheat your customers and use their deposits.

Xiaoxiao makes the most of it? He takes only 2-7% of his 40% commission and takes the most of it? Cheesy

As already explained, Betcoin.ag scam customers can not make business with Game Protect! If someone want to drive with 150 mph into a curve, then he can of course do this, but please without Game Protect.

Nice try to mislead the bitcointalk community, but no, brick and mortar casinos are in no way related to anonymous and criminal online casinos like betcoin.ag. These are two totally different pair of shoes. Roll Eyes

And no, Game Protect nowhere and never has stated that we can protect you from criminal online gambling operators. We can "only" try to claim and enforce your rights if something happened.

Yes, please go thru my posts and compare them with the blatant lies and nonsense criminals post here...

Game Protect has no account on 2+2. Roll Eyes

The link to the pokerfraudalert forum is to give potential victims the opportunity to read about the scams going on and already happened and do in no way indicate that Game Protect is anyhow related with it. You yourself already gave the explanation that Game Protect is in no way related to pokerfraudalert, because I did not receive a warm welcome there. Roll Eyes

Are you finished with your gibberish and nonsensical clueless rant?

Ok here we go: