Quote from: TwitchySeal on December 12, 2017, 12:41:15 AM

GUess it's time to get this thread back in action.

Apparently Betcoin has a new "poker room manager" who has also got themselves approved on twoplustwo (most popular online poker forum)

I've repeatedly requested details about this new 'poker room manager' on 2p2 and btctalk and can confirm that they are indeed working for Betcoin (confirmed by 2p2 mods), and not just a troll. However, they have claimed to be an 'experienced user on poker forums' yet refuse to respond to the question 'who are you!?'

They've decided to just delete my posts in their threads here:
https://i.gyazo.com/2b78dd766cd000ea9721174f3d8fdbe5.png

And ignore my posts on 2p2 (where they can't moderate their own thread) LINK:

Quote from: TwitchySeal;53226903

Summary:
-Betcoin affiliate (xiaoxiao) got really good rakeback deal for his signups(way better than ant other affiliate)
-Eventually xiaoxiao lost all his players rakeback.
-Betcoin locks xiaoxiaos account for not paying players.
-Betcoin tells players they will pay them from what xiaoxiao would of normally be paid.
-Betcoin keeps all or most of the money for themselves.
-Betcoin banned/censored/ignored players who tried to get to the bottom of issue.

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Here are some facts on the xiaoxiao rakeback issue:

For several years, xiaoxiao was able to offer a very good rakeback deal - with a decent VIP level, players were earning a little more than 100% rakeback with ~70% of it coming from xiaoxiao. Most regs who hadn't signed up under xiaoxiao created new accounts because normal affiliates were being paid less than half of what xiaoxiao was actually returning to players. Here is one of xiaoxiaos original thread on Bitcointalk.

He also ran betcoinrakeback.com (now defunct)

Last spring ( april/may 2017) xiao degened everyones rakeback. After months of excuses and empty promises he admitted he was broke and came clean in this post.

Betcoin responded on their own forum in this thread. (cliffs below)

Betcoin posted saying that they had frozen xiaoxiaos account, and would be using the funds from his account to pay his players:

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https://i.gyazo.com/93d4a3d96eae3c97746375aed83aaa1c.png
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A couple months late, they decided that the funds that xiaoxiao would of normally been paid would not go to xiaoxiao, or the players that signed up under xiaoxiao. They would simply be kept by Betcoin:

https://i.gyazo.com/05d5202a56664dd970c82f59a3e79249.png

They have since refused to respond to requests for explanation, blaming xiaoxiao for stealing all that money. (which he did steal, until they locked his account and began to keep it all for themselves)

Also, they still offer affiliate program: https://www.betcoin.ag/affiliates
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There were 3 ways Betcoin could of handled this situation.

1) Do nothing. The relationship between an affiliate and a player is just that. Let the players and the affiliate work things out.

2) Do something. Lock the affiliates account and pay the players what the affiliate had previously promised - including the cut that the affiliate was keeping for themself until all players were made whole.

3) Lock the affiliate account, and keep all of the funds that would of otherwise been paid to the affiliate (and then the players) for themselves.

Betcoin chose option 3.

Seriously what is wrong with you? First of all it is untrue, they more did option 2 and gave players something. But seriously, how does it feel to just never let something go? Like hold it deep inside and just not be able to get it out of your head? Is something seriously wrong with you dude?

I played on betco.in when it was the only bitcoin poker site...it got "hacked" and I had 100btc on there....the owner said he'd pay me something...but never did...he is still active on this forum...name is "hippich" do you see me literally blowing up his spot all over? and posting everywhere about what a scammer he is? no, because i know im not going to see that money again...does this mean the hippich guy is a scammer? because he couldnt cover the money i voluntarily sent him to risk on gambling, knowing something might go wrong?

any money you ever sent in a deposit to betcoin, you knew something could go wrong...well something went wrong and you feel you or your friends didnt get full value on your money...sorry to hear that but at the end of the day let things go dude...its been months now...they site is still operating and theres no more issues like that, your rakeback appears and thats all you get, its right now every time, and theres plenty of traffic...either come back and play or go play elsewhere, but youre going to give yourself an ulcer man if you dont stop obsessing about this