Bitcoin Prop Offer

90% Rakeback at http://www.365betbit.io/

U.S. Players Welcome

Thank you for your interest in our prop program. If you are new to propping, read our FAQ. If you have questions that aren't answered there, please ask.

Below are the details of the 365betbit.io Prop Program. 365betbit.io is a skin on a new poker network that uses bitcoins.  Bitcoins are the only method for depositing and cashing out on 365betbit.io.  Likewise games at the tables are played in bitcoins.  If you are unfamiliar with bitcoins, read the guide and instructions for getting started with them here: http://www.parttimepoker.com/seals-with-clubs-a-guide-to-online-poker-with-bitcoins. Contact rob@rakebacknation.com if you have bitcoin-related questions.

Warning: This network uses Cake Poker’s software.  Cake is leasing the software to the network providers and Cake management will not be handling funds.  Cake Poker is on watch due to extraordinarily slow payouts however it appears that their slow payouts are due to a dispute with Lock Poker.  While we do not expect payment processing problems at 365betbit.io, it’s important that you are aware of the connection to Cake Poker.  As with all small rooms, limit how much of your bankroll you keep on the site.  Bitcoin is the perfect tool for implementing this plan as they allow for fast money movement between you and the operator.

Rules of Conduct: The first rule of the prop team is that you do not talk about prop team. The second rule of prop team is....YOU DO NOT TALK ABOUT THE PROP TEAM. If you publish information about this prop program in a public forum, on a website, or on any comparable avenue you are in violation of the prop agreement and can expect recourse.

- Do not mention the prop program to others, especially at the tables.
- You must not violate any standard customer rules.
- You must be respectful of their customers.

 Important Information: Props do not qualify for any type of deposit bonuses, VIP programs, or any other promotions. If you receive a deposit bonus, it will be deducted from your prop pay - no action is needed. However it is your responsibility not to take any other action to initiate value beyond the prop pay rate. Props found to be abusing the program will be banned without pay.

Props are allowed to play freerolls.

Seating Rules:
There will not be a need to check in with a Shift Manager, however your actions will be monitored and props violating rules will be removed from the program without pay.

Review these seating rules carefully and email us if you have any questions! It’s extremely important that you understand these rules and follow them closely.

Cash Games

1. You may play any game of any limit.
2. You must not take the final seat of the table.
3. When your table becomes full, you must join another game of a similar game and limit. If you do this you may remain at your full table.
4. You must always be at a minimum of one table that is not full, unless you are seated at 4 or more tables. Once you are at 4 or more tables you do not need to join any more tables.
5. No bumhunting. Your goal as a prop is to start games, not target the fish and avoid the competent players.

Tournaments

You may play any tournaments including freerolls. You will earn 90% rakeback on the tournament fee.

Your Prop Pay:

- You will be paid 90% rakeback for all your play.
- The pay week runs from Monday through Sunday. Pay will be processed directly to your player account by the following Friday.
-Stats will be available on a weekly basis by February 2014.  In the meantime there will not be a means to track rake except by reviewing your pay.  

Available Promotions:
You are not eligible for regular customer promotions. You must not use deposit codes or attempt to take part in any other regular customer promotions. If you receive an automatic deposit bonus, do not worry. The bonus will be deducted from your first prop payment(s).

Prop-related Support:
Please direct all prop-related support questions to rob@rakebacknation.com.  This offer will be managed outside of our standard support system which means you need to contact Rob directly for all prop-related support inquiries.  If you have general support questions regarding your player account you can contact the standard 365betbit.io support email.

Important Sign up Information*Already have an account at 365betbit.io? Contact rob@rakebacknation.com.

Step One: If you have not already, please create an account in the Online Propping Forum where you will have access to our private prop community.