I don't see how the timing of my post is in any way relevant to any of arguments above, especially since nothing really changed. I just happened to stumble upon it now.

Yes, I got that. Obviously we can't know for sure. I just think it would be a weird story to make up (which I can't think of any motivation to do so) and most importantly, it's congruent with what's been going on.

What's the alternative? Some holding company bought a failed online poker platform to milk players on rake + fees, essentially killing any chance of it increasing future playing volume? There is no way that the site - operated like this - would ever make more than it owes its players.

Now, if you don't see how in the scenario described the cost would be considerably lower: $3 million - rake required - cash out fees - any additional revenue - time value of money, I don't think you can be convinced of anything (which btw I wasn't trying to do, just trying to work through it logically).

Not selling - although that's definitely an interesting possibility that's not mutually exclusive with anything else. I think the most valuable asset (besides the software/licenses, which I have no idea how useful might be) is having the database linked to emails and personal IDs, something you can't get through data mining. Think leads to target marketing, data crossing, customer behavior, etc.

The main point however is that to me is it's clear they aren't interested in rebuilding the platform. Getting this stuff in exchange for assuming player debt is how I can make sense of a recently acquired company being in this limbo for so long, not defaulting on payments but not really doing anything else really (besides charging players on cashing out their money).

That was pretty much my whole point. I don't there's any way they would have taken on those balances with any kind of understanding that they would be cashing them out with zero rake requirements or cashout fees.

They don't own any software though, they are just skins of the network and all technical changes have to go through the network, so this really is a mute point to consider as asset.

DO NOT deposit on Juicy Stakes. They won't let me cash out my last $200 after being specifically told by management that I would be able to cash out freely. This site manipulates and lies to their players to attempt to keep them around. I will never play another hand on this site, and will do my best to steer anyone away from playing on it.

Play on Bovada or Winning Poker Network - Very fair.

Is Juicy still offering one free withdrawal per month if you meet the rake requirements? Do you need to email support or will it happen automatically?

Yes we are, once you fulfill the requirements just request your withdrawal and it will be sent free of charge.

Regards

Adam

Is the software down?

Requested my check on Monday (it may of even been Tues) and estimated to receive it by Friday, very good work.

Is anyone getting paid on Juicy Stakes these days?

Yes, they still pay out fast, its a shame they don't get more traffic. Everything about the site IMO is top notch.

Can you play on Juicy Stakes if you live in Delaware, Maryland or DC?

Apparently this guy can't read one post up, some people are just hopeless.

Does Juicy Stakes accept Bitcoin deposits and withdrawals? If so, I may make a deposit and play some $100 NL.

Not as far as I can tell. But Intertops -- same network -- does.

What are withdrawals like with this site?

I can tell u my experience here. First off, I'm an American & I quit playing online poker several years ago. It has just been going downhill since 2006 (especially for Americans) - the first few years I played 2002-2006 were good.

So I had switched from ring games to playing tourneys near the end of my online play. I was playing tourneys at Cake where the buy-ins would be $10 or $15 & you got a certain amount of chips & there were unlimited rebuys during the 1st hour & u would usually have a player who would keep going all-in preflop with almost anything to double or triple up.

And most players would play a little looser if they thought the situation called for it including myself. Then there would be an add-on after the 1st hour and that is when the tourney really started. Anyway - I was playing a lot of tourneys like this, or if there were no rebuys or add-ons I would play tourneys that cost around $50.

Like I said - I was doing well at this. Then one day I went to log in at Cake & I couldn't and didn't know why. So I came to this forum & found out that all American players had been transferred to a site called Juicy Stakes.

There WAS NO NOTIFICATION TO THE PLAYERS THAT THIS WAS GOING TO HAPPEN - NONE!!!! So I was able to log into JUICY STAKES with my Cake info. I went to the area that showed how much money you had & they had moved my balance there from Cake.

But at CAKE you could make one withdrawal per month for free. At Juicy Stakes it cost you $100 to make a withdrawal. I couldn't believe this. But then I saw why I WASN'T NOTIFIED THIS ONLINE ROOM SWITCH WAS GOING TO HAPPEN.

I got in touch with Juicy Stakes and told them if they were a brick and mortar card room in the USA.....they would never get away with robbing their customers....I tried to get in touch with Cake too (because they gave no notice Americans were all going to be moved to Juicy Stakes & I'm sure they didn't for the same reason Juicy Stakes didn't), but they never answered any of my E-mails from the day the switch took place.

Juicy Stakes just replied that it cost $100 to make withdrawals at their site, but maybe at some future date they might lower it. And the way online poker works - the player never has any recourse to anything that happens that negatively affects them. Juicy Stakes could have said it cost $200 to make a withdrawal.

Even at $100 - all the players who played mini-stakes poker would never be able to withdraw their money.

Obviously - these sites should have notified their customers that this switch was going to happen and the ramifications of it at least a month before it happened. And obviously they didn't because I would have withdrawn all my money from Cake for free & not let these scumbags rob me of $100 as I'm sure everybody else would have too.

So that was my experience there several years ago.

Low 3 figure BTC w/d to 'Chain

BTC requested: 2019/11/22
BTC received: 2019/11/26
Gain/Loss at time received: ~ +0.09%
Gain/loss at time of this post: ~ -0.06%

Just cashed out from juicy. Was charged $50 which is outrageous. Will deposit their check tomorrow and will post here if there’s an issue. Won’t be redepositing unless they change their fee to at least 1 free withdrawal per quarter. Most of their tourneys are at micro stakes. Charging what they do is criminal