They have to start first. How is this not a guise to get people to have faith in lock again? Are we saying that 1,000+ posts of people not reaching support or a check is secretly buying funds?

You're pretty much missing the point.

I don't believe they are solvent. They keep saying they are. It's put up or shut up time. If they refuse to provide proof, it's just another reason to keep the pressure on them and tell people to get out (or not deposit at all).

anyone that continues to play here is nuts

Thanks Shane and LockPoker to clarify all this.

But honestly this should have been done days ago.

Thanks I can play now :P

out of curiosity, have you by chance asked any of the other US-facing sites to prove solvency? I just feel like this is something that none of them would do (I may be wrong), and if that's the case and ALL of them won't do it for risk of exposure to DOJ/etc. then this becomes almost fear-mongering. Like I get WHY you want this (obv) everybody wants to make sure their $ is safe, myself included, but it also seems like without this even with major improvements in cashout times and everything else that your saying you wouldn't let up at all and basically want to run them out of business if they can't show you this, so I'm just asking will bovada, merge, carbon, etc. show this? Like is it something that ANY US-facing site will do?

(Again I have no idea but i'm curious)

Nobody who knows anything about lock thinks they are solvent, the problem with statements like this is that some people might assume that there is a glimmer of hope which there is not. We need to focus more on destroying this company than asking questions we know that cannot be asked or done, that's my point. People are still playing on this site for heavens sake. That's the problem.

hahaha ok, so that IS the point. Just checking

I'm not a player on Lock. But if you destroy the site, you have absolutely 0 hope of seeing your money. If you don't try to destroy the site and just ask questions while continuing to play as normal, at least you'll have some chance. Small, perhaps, but still better than no chance.

continuing to play on Lock is enabling their bs behavior...if you continue play, ur nuts...

There are no current US facing sites that take 4-6 months for a check to the US, 3+ months for WU to US and 2+ months for skrill non-us.

Please stop comparing Lock to any other site, as the only ones who have done what Lock has been doing for a year are all busto, closed, no more.

How is this so difficult for you to grasp?

True enough on the 75% - maybe this policy will give the vig a momentarily stabilizing effect...haha. Or, I'll just try to be quick about it.

We aren't destroying anything. Lock did this to themselves... I have already gave up on the idea that the money in my Lock account is real and tangible. Its about as tangible as God. I hope Larson gets what she deserves.

This 15% rake requirement is a step forward but it is still pretty dumb under the current circumstances. The guys who were doing this can continue to do so. Buy funds ridiculously cheap, then go play some coinflips against each other getting over 50% rakeback minimum and splitting the variance on the side, while easily raking the 15% requirement. Then hit cashout, rinse and repeat.
Coinflips were a stupid idea from the start and don't belong in a the poker side of Lock. But if you want to keep them, then make them what they are, a pure gamble with 0 rakeback. Otherwise lock just keeps themselves open for more abuse.

glad your here explain to your new usa sign up players how if you cant pay out on time with existing usa players how getting new players will get will only overload a system that all ready doesn't work. unless 5-6 month check times are acceptable.

But they still have to endure the insipid wait times. Thus continuing to "clog up the system". Wouldn't they just monitor those accounts, see the cointosses, and seize the funds?

It's not difficult at all, I'm not saying there isn't cause, I AM saying 100% we aren't going to see proof of segregated funds (at least I don't think we will), you are all assuming that we won't see them because they aren't there, but we have been told we won't see them because it's too risky for a company in this market to expose any banking info.

What I want to know is would ANY company expose it, like if you go to Carbon and say "Carbon, due to all that's been going on with US-Facing sites we'd like you to show proof of segregated funds for your players peace of mind". Would they show it? I'm guessing no, nor would any US-Facing site, which would lessen what you see as the implications of Lock's inability to show it, I mean obv it won't change anything until they build back up some trust with their customers, changing the policy for x-fers was a start, faster cashouts would be another step. but basically what i'm saying is if what your asking for is "impossible" and wouldn't be done by any US site than it's not a very good basis for everything. Slow withdrawals / everything else IS a good basis, but if they improve that and then still don't show you their bank account it seems like you would be set to run them into the ground, is that correct?

Problem is that you can't consider it collusion so they wouldn't be doing anything wrong, not to mention it doesn't help the tables or traffic in any way.

So most likely, the regs (or at least higher volume players) are going to see it for what it is, and the vig slide continues. Guess I better hit something huge...lol.

Redonculous. According to shane its the players fault for using p 2 p to cashout and putting lock in its current position. I mean whould wouldn't want to sell poker funds for .35 on the dollar.

Not one sane person who has had issues with Lock and commented on their experiences on poker forums such as 2+2 wanted to run Lock into the ground. Most of us are just sooooooooo over this stuff and done, done done. I wanted/want Lock to succeed, but after all these issues, it's clear it will always be dysfunctional, as the head of the company and it's management are dysfunctional.

We just want to play poker and be able to withdraw our winnings.

And when issues come up, we want clear communication with the site, via reps, security or a rep on forums to resolve issues that inevitably arise.

What we want has been simple all along, yet Lock continuously finds a way to make the absolute worst decisions regarding ANYTHING.

Pokerstars was absolutely top notch in every area all the years they served US customers. They handled issues swiftly and justly on a consistent basis.

That's the point, Lock has been the opposite of these companies and every experience I've had with them has been facepalm, bang head on desk craziness.

Every other poker site that exhibited the same behavior that Lock has been exhibiting were all broke and have gone out of business. That's why people are asking about solvency, we've seen this before.

There's no point to asking the other sites to prove their solvency as THEY ARE FREAKING PAYING PEOPLE IN A REASONABLE TIME FRAME!

will you be bringing this promotion back for june too?

Holy crap dude, really? Do you notice what is going on around you, on these forums, in the poker community.... And the lack of anything remotely close to something that gives reassurance?

Well that's what I was saying. The only benefit is getting a tourney buy-in, like the Sunday $109, for a third of that. You'd have to final table to really get a decent sized amount of dough in the end after trading it back out at .35 or so.

The players fault? For trying to utilize the only method that you don't have to wait until you're dead to get something out of? Too much generalization...just ridiculous the lapse in simple common sense here. Why kill off a player base electively?

if you cant pay your existing usa customers in 5-6 months , then you should not be accepting new usa sign ups till that is resolved not hard to figure out .

Yeah Primo, Id just stop trying to defend lock right now. You have 0 case and will get absolutely destroyed on every point/contradiction/argument you try to make. I know you are not a fan of how things are going down right now but trying to spin things in a different direction isnt the best of ideas either. Lock blows plain and simple.

As far as other sites proving solvency, there is no need as they PAY their players on a consistent basis