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

03-07-2013 , 06:00 AM
Perhaps my question should have been "Is Lock a stinking ship?"
03-14-2013 , 01:22 AM
I have read all relevant Lock threads the last couple of day only for the comedy value, I must say i have been ROFL several times when Shane responds to his customers.

In my mind Shane is like comic Ali , stating two seconds from bankrupcy that everything is ok.

When that is said I really feel whit every player on Lock and I really hope U get ur funds out in time.

Imo if u have an IQ > 70, U know Lock is going down, not processing withdraws to ROW players within 72 ours is a joke and is only because they dont have the funds obv.
Again the best of luck too all players, hope U can join a proper company again soon.
03-14-2013 , 08:39 AM
[QUOTE=4barrelledjoe;37490044]
Quote:
Originally Posted by imjustshane
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?
Have you looked in the WU thread today?

Also there was this on the check front: http://forumserver.twoplustwo.com/sh...postcount=4800
03-14-2013 , 09:49 AM
[QUOTE=imjustshane;37601809]
Quote:
Originally Posted by 4barrelledjoe

Have you looked in the WU thread today?

Also there was this on the check front: http://forumserver.twoplustwo.com/sh...postcount=4800
So WU taking 2 months is a good thing? Plus there r still people that r past 2 months waiting for WU. Again other US sites r paying WU two weeks or less, but u r proud that your site takes months?

Let's see how long it takes for his check to arrive. 7-14 days??
03-14-2013 , 09:59 AM
I posted this question in another lock thread, but did not get an answer from you.

Can I get an answer Shane.

Do YOU PERSONALLY believe that lock has the fastest cashout from request to money in hand than any other poker site for both US players and foreign players? If not what poker rooms do you think does a better job?
03-14-2013 , 10:01 AM
Quote:
Originally Posted by imjustshane
Have you looked in the WU thread today?

Also there was this on the check front: http://forumserver.twoplustwo.com/sh...postcount=4800
Also on the check front: Me, having requested a cashout sometime in early December that is still not processed yet. "it'll be in the next batch tho!"
03-14-2013 , 10:38 AM
Quote:
Originally Posted by Fordham
I posted this question in another lock thread, but did not get an answer from you.

Can I get an answer Shane.

Do YOU PERSONALLY believe that lock has the fastest cashout from request to money in hand than any other poker site for both US players and foreign players? If not what poker rooms do you think does a better job?
Shane has answered similar questions several times before. He would say, no obviously there are other sites serving both US and ROW players with faster cashouts. However, the volume of cashouts on those sites does not compare to the volume of cashouts on Lock. Because Lock has so many more cashouts to deal with then those other sites, they probably aren't able to use the same processors as those other sites (too expensive, processors refuse to handle that load of cashouts, etc.).

You can interpret this as a phony excuse or a legitimate one.

On a side not, I think a lot of people on here forget that the 2+2 community is a very small portion of the people actually playing poker on these sites. We see 20 or 30 people saying they are waiting so long for their cashouts, how can they not handle our 20 or 30 cashouts? In reality, there is probably more like 10x (or 20x, or 100x?) the amount of people requesting cashouts on Lock then are represented on 2+2.

(I'm not saying any of this is acceptable. It's completely ridiculous that we have to wait this long for cashouts. But these points would SUPPORT the idea that Lock does in fact have the money to pay people out, and they would REFUTE the idea that Lock is bankrupt.)
03-14-2013 , 11:14 AM
Quote:
Originally Posted by The Horny Rhino
Shane has answered similar questions several times before. He would say, no obviously there are other sites serving both US and ROW players with faster cashouts. However, the volume of cashouts on those sites does not compare to the volume of cashouts on Lock. Because Lock has so many more cashouts to deal with then those other sites, they probably aren't able to use the same processors as those other sites (too expensive, processors refuse to handle that load of cashouts, etc.).

You can interpret this as a phony excuse or a legitimate one.

On a side not, I think a lot of people on here forget that the 2+2 community is a very small portion of the people actually playing poker on these sites. We see 20 or 30 people saying they are waiting so long for their cashouts, how can they not handle our 20 or 30 cashouts? In reality, there is probably more like 10x (or 20x, or 100x?) the amount of people requesting cashouts on Lock then are represented on 2+2.

(I'm not saying any of this is acceptable. It's completely ridiculous that we have to wait this long for cashouts. But these points would SUPPORT the idea that Lock does in fact have the money to pay people out, and they would REFUTE the idea that Lock is bankrupt.)
I get your point about that if 1000 people request withdrawals and 20 from 2p2 of them fall through the cracks than that 20 are going to start threads and complain and the 980 that went through perfectly will say nothing. That is the state in all customer service(yell if somethings wrong but dont say anything if its great). But logically if 20 fell through the cracks and it was brought to their attention, and they acknowledge that 20 fell through the cracks protocol would dictate that you will make damn well sure that those 20 are corrected ASAP. That is not happening here at all. Add to the fact that people who are not on 2p2 and other forums would have no way of expressing to the public that they have been screwed by lock, because their logic is to just contact lock support which obviously is not going to be made public. And everything I said is giving lock the benefit of the doubt that 980 withdrawals went through, but I do not believe it at all because they lie about everything anyway.

So that would mean we assume most of the withdrawals by average Joes is going through, most of the players on 2p2 are going through and when they do they do not jump to defend lock which is also unlikely because there is an entire thread of withdrawal date and cash in hand date.

The problem is we as players have different objectives than Lock. We want fast cashouts and the truth about our money.

They want to protect their reputation at all costs.


So what does this all mean?
1.) You cannot trust Lock because they want to protect their rep regardless of the truth
2.) It is not personal, keeping your money is always better than giving it right of if for nothing else gaining interest in some bank account
3.) They realize that they are not regulated by any courts so the players cannot file legal action
4.) Its always dangerous when the businessman regulate themselves. It never works and always leads to shay stuff.
03-14-2013 , 12:44 PM
Support lies to customers, and ignores people they owe money to. They allow cheating to go on at their highest buyin tournaments. I'd say they're on their way out.
03-14-2013 , 02:53 PM
Quote:
Originally Posted by Fordham
I get your point about that if 1000 people request withdrawals and 20 from 2p2 of them fall through the cracks than that 20 are going to start threads and complain and the 980 that went through perfectly will say nothing. That is the state in all customer service(yell if somethings wrong but dont say anything if its great). But logically if 20 fell through the cracks and it was brought to their attention, and they acknowledge that 20 fell through the cracks protocol would dictate that you will make damn well sure that those 20 are corrected ASAP. That is not happening here at all. Add to the fact that people who are not on 2p2 and other forums would have no way of expressing to the public that they have been screwed by lock, because their logic is to just contact lock support which obviously is not going to be made public. And everything I said is giving lock the benefit of the doubt that 980 withdrawals went through, but I do not believe it at all because they lie about everything anyway.

So that would mean we assume most of the withdrawals by average Joes is going through, most of the players on 2p2 are going through and when they do they do not jump to defend lock which is also unlikely because there is an entire thread of withdrawal date and cash in hand date.

The problem is we as players have different objectives than Lock. We want fast cashouts and the truth about our money.

They want to protect their reputation at all costs.


So what does this all mean?
1.) You cannot trust Lock because they want to protect their rep regardless of the truth
2.) It is not personal, keeping your money is always better than giving it right of if for nothing else gaining interest in some bank account
3.) They realize that they are not regulated by any courts so the players cannot file legal action
4.) Its always dangerous when the businessman regulate themselves. It never works and always leads to shay stuff.
Yup. In any pozni some people are paid until the very end. They have to keep the game going.

Sure they might have more traffic, and more cashouts than other US facing networks. But the majority of large cashouts are from the 2p2 community. They may or may not be paying out the recreational micro and low stake guys in a couple months, and most dont care bc they arent long term winners. But like Fordham said well never hear from those people.

I think the 2p2 claims are even more disturbing because most of them are max withdrawals and alot of ROW too. The only reason the big withdrawals take this long for ROW, and even US players is bc they dont have the money. When they scrape together enough to send out a batch of checks they do, and keep the game alive. 4 months is crazy long, and couple that with the new claims that they are 4 months behind on reconciliation payments to other skins and its pretty clear to see they just dont have the money. Id also bet that they dont pay Adam & Eve.

If anyone thinks the Fair Play is anything other than a way to limit big withdrawals, create more rake and hope to kill high stakes action, their mistaken.

Shane is blatantly lying to everyone when he says he knows they arent going under. Anyone that believes that needs to wake up. If the Fair play doesnt work the way they planned, they are most certainly done. The only ones getting paid are their over paid pros.

And no Shane, Mizrachi didnt come cheap like you say. Hes 100% getting over 100k a year. These guys arent promoting Lock out of the goodness of their hearts. Theyre getting paid a nice amount of money to play a small amount of required hands/rake. To say that theyre not paid very much at all, and to hope that anyone here is dumb enough to believe you is laughable. Maybe if you had some no name guys then yes, but unfotunatly the big names come with big price tags.
03-14-2013 , 09:14 PM
I wonder when players will start asking Mizrachi for there funds at live events
03-15-2013 , 02:48 AM
Quote:
Originally Posted by champstone
I wonder when players will start asking Mizrachi for there funds at live events
Was just thinking that. This situation makes "The Grinder" very attractive for the ISPT but NOT for the reasons THEY think! lol

In b4 a bunch of YouTube videos showing folks making a pilgrimage to Wembley Stadium just to get up in his face! lol
03-15-2013 , 05:06 PM
Hey Shane, you obviously read this thread. Please respond to my PM's from a month ago and over a week ago.

Still waiting for that and a payout.
03-15-2013 , 07:19 PM
Quote:
Originally Posted by montechristo
Hey Shane, you obviously read this thread. Please respond to my PM's from a month ago and over a week ago.

Still waiting for that and a payout.
I found your message about the cashout and have sent it over to the cashier manager to get an update for you.
03-16-2013 , 08:39 PM
I've practically written off my Lock poker funds as play money already. From now on, my account serves one purpose only, and that is to practice playing non-holdem games so I can play them profitably live later.
03-18-2013 , 05:09 PM
I have been paid all Ive cashed out
03-18-2013 , 05:23 PM
Got my roll off lock and over to Intertops, seeeee yaaaaaa LOLOCK
03-18-2013 , 05:56 PM
Lock is the worst run "Business" (Ponzi) I have ever had the pleasure (misery) of dealing with.
03-19-2013 , 07:15 AM
Have to disagree with you there bro, lock seems like an excellent ponzi to me
03-24-2013 , 11:48 PM
Quote:
Originally Posted by imjustshane
2. You said 9 months ago that Lock are in the process of providing independent verification of segregated player accounts (but none have emerged) - As I have previously posted our legal department decided this would open us up to further problems in regards to the safety of our players funds so this wasnt followed up with.
This alone is evidence that Lock poker has not segregated its funds, no company in its right mind with Lock's current reputation wouldn't take the time to prove that funds were segregated if they were in fact segregated
03-24-2013 , 11:55 PM
What are lock funds selling for nowdays 50c thats a really good sighn that the ship is sinking.
03-25-2013 , 12:05 AM
Quote:
Originally Posted by SwoopAE
This alone is evidence that Lock poker has not segregated its funds, no company in its right mind with Lock's current reputation wouldn't take the time to prove that funds were segregated if they were in fact segregated
Completely agreed. They are big enough playerbase wise, coupled with the massive negative feedback from the community, it's a no-brainer to prove it if they are segregated/safe. They can't do that if they know they're not segregated and safe, though, ofcourse.
03-25-2013 , 12:11 AM
[QUOTE=imjustshane;37601809]
Quote:
Originally Posted by 4barrelledjoe

Have you looked in the WU thread today?

Also there was this on the check front: http://forumserver.twoplustwo.com/sh...postcount=4800
Shane, I somehow missed this post and now the link you posted is unavailable.. I'm guessing you we're providing some kind of proof to validate your statements. However, I'm 10 weeks in tomorrow for my max WU withdraw. So I'm not sure if I'm just being put off because of my posts in 2p2 or just somehow slid between the cracks. I know that I'm being 100% honest in what I post on this forum and that's all I can gage my opinions on at this point. So no amount of posts you reveal of random people saying they received funds is going to make me feel any better. You would think paying me would just be the right thing to do!
03-25-2013 , 01:40 PM
[QUOTE=4barrelledjoe;37758372]
Quote:
Originally Posted by imjustshane
Shane, I somehow missed this post and now the link you posted is unavailable.. I'm guessing you we're providing some kind of proof to validate your statements. However, I'm 10 weeks in tomorrow for my max WU withdraw. So I'm not sure if I'm just being put off because of my posts in 2p2 or just somehow slid between the cracks. I know that I'm being 100% honest in what I post on this forum and that's all I can gage my opinions on at this point. So no amount of posts you reveal of random people saying they received funds is going to make me feel any better. You would think paying me would just be the right thing to do!
It was one outlier of a check that still took at least 2 1/2 months, possibly longer.

Checks have been getting worse as a whole, and according to ROW players their skills have slowed to a trickle. 100 days + for just about everyone and counting.

This is very troubling, Lock probably does not have much time left. Esp. with everyone leaving for intertops.

GL to everyone with money still on Lock. The doors will be shutting soon.

Last edited by higher visions; 03-25-2013 at 01:58 PM.
03-25-2013 , 07:47 PM
Does anyone think fairplay will actually help alleviate the situation with more weak players punting raked pots around and withdrawing less? Or will reduced traffic just make it worse? I'm on intertops now (thank god) and don't "need" my lock money per say, so I just have to decide if it's more ev to gamble and cash out, or eat the vig and do p2p. Not sure what the best decision is imo. I don't care how long it takes as long as I actually get my money.

      
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