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"Is Lock a sinking ship?" "Is Lock a sinking ship?"

02-26-2013 , 06:19 PM
Quote:
Originally Posted by imjustshane
3. Giving cryptic non-sensical answers as to why ROW cashouts take 2 months (eg 'all sites have had such delays', 'UIEGA' ...) - I cant go into details because of the processing situation, I have tried to best explain what I can with the information I am able to release. I know this isnt perfect but in the current environment I have to be extremely careful with what statements I make on a public message board.


There are not mounting signs, there are mounting rumours. These rumours feed off of the slow cashouts, which we are working hard on turning around. So many of the arguments for why we are clearly going broke are so poorly founded and without any actual supporting information yet everything I say is said to be a lie and all of the rumours are clearly true. I have satisfied myself because I see actual numbers, I have actual data, I know the actual plan we are working towards and our future goals. My beliefs are supported by facts.

You're on the inside looking out. Lock players are on the outside looking in. I 100% understand and respect the fact that there is only so much information you can give out without it harming Lock and consequently the player base. You said it yourself, you'd like to give out more information but it'd be counter-productive to everyone, not just Lock.

The one area however that I believe truly concerns anyone who spends enough time and energy to understand the entire situation is the duration of ROW cashouts for the simple reason that it is widely assumed that the barriers to paying ROW players are much, much easier to hurdle in comparison to U.S. players (admittedly durations appear to have improved recently). Of all the rumor-mill accusations floating about, a direct causation between liquidity issues and ROW payout durations is in my opinion the most concerning.

The problem is as you've said numerous times, there is only so much you can say without it harming Lock. You do have to ask yourself the question though which is simply to compare the harm done from not explaining why ROW cashout issues exist and the benefit of not releasing such information to protect your processors.

Last edited by LiarsDice; 02-26-2013 at 06:36 PM.
02-26-2013 , 06:32 PM
Quote:
Originally Posted by imjustshane
You want me to prove to you that we have more than 1 employee and the business isnt run out of a Vancouver apartment as per a ridiculous article from 2 years ago? And you want me to do this by posting the physical address on a public internet forum? This wont be happening.

The reason I use that wording when responding is because Im on the front line and am liaising between the players and those respective teams. Im liaising between multiple offices in multiple countries and timezones which is why I have to often give that response and wait till I get a reply since when Im online and answering the team I require may not be.
Quote:
Originally Posted by champstone
1 office party pic will do plzzzzzzzzzzzzzz one time. you dancing with them doing the electric slide.
Was going to post same thing after reading Shane's comment. Obv nobody is looking for you to post an address but something like this should be good(you can even hire someone off the street to play "Quinn")- http://forum.sbrforum.com/players-ta...ce-photos.html
Would love to see you prove Calvin wrong. But please lets see you and Jen hard at work.
02-26-2013 , 08:09 PM
I can't help but laugh when people pretend to be concerned for Shane in these forums. Poor Shane is prob the only person that Lock is paying in a timely fashion.
I would gladly take a bet that Shane isn't waiting 3 months to get his pay checks.
Plus he is being paid to handle PR knowing the situation that Lock is in with its customers.
So no offense, but I'm not the slightest bit worried about how Shane sleeps at night.
Lets try and stay focused on topics that hold water like joining together to force Lock to resurrect its relationship with (us) their bread and butter.

All Lock has is the players and if they lose us then Lock is no more. The sooner they focus on serving us they will become the best poker site to play on. Or it's just a get rich quick scheme and were all "Fxxxed" time will tell!!!
02-27-2013 , 12:41 AM
Quote:
Originally Posted by imjustshane
Im liaising between multiple offices in multiple countries and timezones which is why I have to often give that response and wait till I get a reply since when Im online and answering the team I require may not be.

Any chance you have heard from the cashier manager on this issue you said you'd look into 13 days ago?

http://forumserver.twoplustwo.com/19...shane-1299782/

Last edited by boneralert; 02-27-2013 at 12:41 AM. Reason: insert link
02-27-2013 , 01:03 AM
Quote:
Originally Posted by raidalot
I beleive Shane is different: he has a higher responsibility than the pros. He is actively spinning crap from Lock and encouraging players to sign up/stay on. The others just take the cash and wear a patch (not saying they're being ethical but it doesn't seem as bad to me).
To me it seems just as bad if not worse. Many of the sponsored pros continue to actively promote Lock on twitter to their followers. Several pros have 5k-10k followers while Mizrachi has 40k+ and is currently the most active in promoting the site. These people are a lot more effective in getting fresh naive suckers to deposit their money than Shane is. These pros are cashing in on their reputation in order to line their pockets, influencing people to deposit on a doomed site. The sheer number of people the pros are able to reach on twitter has to dwarf the size of Shane's audience here in the Lock sub forum, and I'm certain that those pros have a much stronger influence over their audience than Shane does over his.
02-27-2013 , 09:35 AM
Lock Poker is a ponzi bubble waiting to burst.

On a side note, FTP Doug said the checks are on the way.
02-27-2013 , 12:58 PM
Quote:
Originally Posted by ShizzMoney
Lock Poker is a ponzi bubble waiting to burst.

On a side note, FTP Doug said the checks are on the way.
Very credible people have told me the same thing. I really hope they are wrong and that Ms. Larson is trying to correct her mistakes and run a business that is successful. No doubt, by now, she knows she has ****ed things up on a pretty major scale. She might have time to fix it as I don't know how much trouble they are in. If she can get her act together then maybe Lock will be where the masses flock to in a couple years.

Edit: I doubt her plan was to take the money and run from day 1. I just think she was incompetent and didn't understand a lot. But then again, im just an average Joe making an assessment.
02-27-2013 , 03:19 PM
Quote:
Originally Posted by WVUskinsfan
Very credible people have told me the same thing.
These quotes are so meaningless. Whenever you're gonna make a statement like this, provide some proof or something. You just sound like a moron without it.

Oh by the way, very credible people have told me that Lock is actually in great shape. The segregation has put a lot of pressure on Intertops and now Lock will have access to their cash out processor. Starting in March, Lock will have much improved cash out times. They expect this to increase traffic and revenue as well.
02-27-2013 , 03:59 PM
Of course it's getting better! Just read Shane's post's he's always talking about how cash out times are improving(lmfao). Very credible people don't continue to say one thing while doing another.The other day a friend of mine emailed the cashier asking if it was ok to cancel his 2k withdraw so he could do the $850 max thru the secondary processor and this is what they sent him.

Quinn
FEB 27, 2013 | 07:39PM EST
HI,
I'm afraid that these would have been done under exceptional circumstances. Western Union payouts are done within 7-14 business days (excluding weekends). We try our best to process payouts quickly but occasionally will require the alloted timeframe given. Thank you so much for your patience.
All my best,

Quinn

---
CSR, Lock Support

They repeatedly lie to people about withdraw times even after we complain to them about not just being F$@king honest about the delays. This is why Lock is in trouble in my opinion. Why do they continue to lie if they aren't hiding anything. They should have said we are having major withdraw delays and your money won't be to you for about 2-3 months. But instead they instill false hope into the minds of their customers. When is the last time they had a cash out that happened within the 14 business days? What a crock of !$&@
02-27-2013 , 07:06 PM
Quote:
Originally Posted by The Horny Rhino
Oh by the way, very credible people have told me that Lock is actually in great shape. The segregation has put a lot of pressure on Intertops and now Lock will have access to their cash out processor. Starting in March, Lock will have much improved cash out times. They expect this to increase traffic and revenue as well.
Just to clarify, are you saying that you are actually saying this, or are you saying it to make a point that anyone can say "credible sources...blah blah blah" in order to falsely present a sheen of authority in their comments?
02-27-2013 , 07:07 PM
Quote:
Originally Posted by The Horny Rhino
These quotes are so meaningless. Whenever you're gonna make a statement like this, provide some proof or something. You just sound like a moron without it.

.
It wasn't a quote until you quoted it

But, I suppose you are right and im not about to out the people in case they are wrong, which I hope they are. I suppose I just stop posting here and wait and see.
02-27-2013 , 07:22 PM
I know there is more employees than Shane and Jen. Jen partner is working for Lock, don't want to publish his name or what he does as I don't see it reasonable.
02-27-2013 , 07:24 PM
Quote:
Originally Posted by boneralert
Just to clarify, are you saying that you are actually saying this, or are you saying it to make a point that anyone can say "credible sources...blah blah blah" in order to falsely present a sheen of authority in their comments?
the sheen thing
02-27-2013 , 08:29 PM
Quote:
Originally Posted by The Horny Rhino
the sheen thing
Charlie
03-02-2013 , 10:21 PM
If ROW payouts are in fact taking >30 days on Lock, that should be a major red flag that they are probably low on funds. There is absolutely no reason why a moneybookers payout should take that long, aside from either extreme incompetence or dwindling player funds. On all other networks cashouts for ROW players take a matter of days or even hours from requesting to receiving. Other skins on the Revolution network payout in a matter of days for ROW players. I would guess that because Lock doesn't have a sportsbook or casino like other US facing sites Bovada and Carbon, they don't have the extra revenue stream to offset the expensive fees that go along with processing payments/deposits for US customers.

One of the lessons that should be learned from the months leading up to BF is that when sites are taking a long time to payout, it's likely because they don't have 100% of player funds.
03-03-2013 , 04:02 AM
Saturday night and only 2400 people on Lock is scary. I hope I get my money soon because it doesn't look like it's getting any better.
03-03-2013 , 07:24 AM
everyone dont worry. they have cash for a LOCK PRO Manager and a "new tier of semi-pro" sponsored players. they definitely know how to reinvest their capital.

http://www.cardplayer.com/poker-news...he-lock-family
03-03-2013 , 11:13 AM
Quote:
Originally Posted by nickj7777
everyone dont worry. they have cash for a LOCK PRO Manager and a "new tier of semi-pro" sponsored players. they definitely know how to reinvest their capital.

http://www.cardplayer.com/poker-news...he-lock-family
This is exciting. Hope sets on Lock Poker. There is a future. Just a matter of time the players will get paid timely and Lock will have new software. Also the "fair game" appears that more new players come to Lock. I just don't understand why it isn't a good move for the poker ecology.
03-03-2013 , 09:59 PM
What a joke the new pro hires are. theyre team of over paid sell out pros are already a joke. Larson is quite possibly the most incompetent person in the poker industry.
03-04-2013 , 03:57 AM
Quote:
Originally Posted by nickj7777
everyone dont worry. they have cash for a LOCK PRO Manager and a "new tier of semi-pro" sponsored players. they definitely know how to reinvest their capital.

http://www.cardplayer.com/poker-news...he-lock-family
Interesting that Jen can find time to comment on the subject of hiring someone but doesn't have the time to comment on all the concerns about her company going bust, players not being paid etc
03-06-2013 , 07:47 PM
[QUOTE=imjustshane;37267905]Of course we did, when I come in here with information on cashouts improving or for solid fixes put in place for the tournaments crashing this is where my information comes from.

On the tournaments we discussed the fact that last weekend went better and we expect that to continue.

On cashouts we discussed all of the funds going out and the fact that we are starting to see some of these hitting on here and she said to expect that to continue and gather momentum.

Hey Shane any word on these things gathering momentum because it seams to be worse than when you posted this. Haven't been seeing a whole lot of WU's hitting from the Jan batch yet. Should have started hitting last week but not much going on? Can you get an update on when this batch is going to drop?
03-07-2013 , 12:37 AM
Quote:
Originally Posted by Mccormick
So if i walk into a casino, the money in my pockets is theirs, not mine anymore, and i'm at the mercy of them to let me leave with the money? Or even, once i traded $ in my pockets into chips, i'm at their mercy to let me trade it back to actual $'s?

sense of entitlement? really?

Honestly though, from a legal point of view i actually am ~80% sure you have to be wrong.

From an ethical point of view, 100% sure ofcourse.
No he's right, as soon as you remove the funds from your pocket and place a wager in the brick and mortar casino it takes effect. You are doing so on faith and credit that when you go to the cage the house will able to exchange your clay chips for cash. The diff is at live casinos we know we are getting paid, but the concept is the same, it's "gone" unless reimbursed with cash.
03-07-2013 , 04:09 AM
Quote:
Originally Posted by johnnyv5000
No he's right, as soon as you remove the funds from your pocket and place a wager in the brick and mortar casino it takes effect. You are doing so on faith and credit that when you go to the cage the house will able to exchange your clay chips for cash. The diff is at live casinos we know we are getting paid, but the concept is the same, it's "gone" unless reimbursed with cash.
I was at a casino one day playing poker. Police came in, told everyone the place was being closed by the local gaming regulators, no one could cash chips out. Bankruptcy filed.

A local market developed where people bought up chips at huge discounts. The place later reopened under new ownership, different chips. And none of the old chips were ever honored.
03-07-2013 , 04:13 AM
Quote:
Originally Posted by WEC
I was at a casino one day playing poker. Police came in, told everyone the place was being closed by the local gaming regulators, no one could cash chips out. Bankruptcy filed.

A local market developed where people bought up chips at huge discounts. The place later reopened under new ownership, different chips. And none of the old chips were ever honored.
What casino was that and where was it? Just curious.
03-07-2013 , 04:16 AM
my money's on Phoenix

      
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