Rakeupdate/Rakereduction Closed August 8th, Players Remain Unpaid - Page 5 - Rakeback and Affiliates

Biju · 08-15-2011, 04:00 PM

..............plus I don't think too many of the Bodog regs give a **** either. I posted some of this in one of the reg threads and it didn't get a single comment and I expected up roar. I was pretty shocked tbh.

**Bobo Fett** · 08-15-2011, 05:27 PM

Quote:

Originally Posted by MrAggromonkey

Bodog players: let's ban together and become a force to be reckoned with. We will tell Bodog to pay us the rakeback directly or we will halt all play on their site.

Who are you going to ban?

This kind of thing always fails, and as Biju said, rakeback pros aren't their target audience, so they have no incentive to help you out.

PokeristOnRage · 08-15-2011, 09:25 PM

Quote:

Originally Posted by MrAggromonkey

Bodog players: let's ban together and become a force to be reckoned with. We will tell Bodog to pay us the rakeback directly or we will halt all play on their site.

Nice joke

Biju · 08-16-2011, 01:03 PM

Quote:

Originally Posted by RakeReduction

Hello,

I apologize for the delayed response.

Please be assured that your money is 100% safe with RakeReduction/RakeUpdate.com.

We expect to have a few days downtime while getting our new software in place.

This wasnt planned but Randys hasty departure left us no choice.

All play while site being down will show up as soon as we are up and running again.

Any questions please either post here, send a PM or email support@rakeupdate.com

So how many days does it take just a single programmer, any programmer, to get up even a temprary site that we can log into with a message saying we're working on it chaps. This really stinks. Wht is happening RakeReduction?

mojo6911 · 08-16-2011, 03:50 PM

I contacted the Bodog rep here on the site. I doubt he can do anything, but its worth a shot.

Ratamahatta · 08-16-2011, 05:18 PM

When do you expect to fix rakeupdate?

brrrap! · 08-16-2011, 06:50 PM

Rumour is they are going bankrupt.

Biju · 08-16-2011, 07:30 PM

I requested a payout ten days ago. Nothing. I've mentally written off the ~$1k that's on there after some inside info told me the same in as many words

mojo6911 · 08-16-2011, 08:29 PM

Ripped off twice now. LOL.

PokeristOnRage · 08-16-2011, 08:46 PM

^^ mojo I anwsered you in Bodog thread. Don't be so negative

I was waiting for cashouts from UB for 3 monthes and at the end got all money.
There is not enough time gone to make conclusion.

___1___ · 08-16-2011, 09:06 PM

Quote:

Originally Posted by brrrap!

Rumour is they are going bankrupt.

Wow, another site stealing my money!?!? @#$@! online poker.

Snapplehead · 08-16-2011, 09:36 PM

Quote:

Originally Posted by brrrap!

Rumour is they are going bankrupt.

not a rumour friend

klammhammer · 08-16-2011, 09:43 PM

Quote:

Originally Posted by Snapplehead

not a rumour friend

Don't say that unless you have proof and are willing to bet your life on it

Biju · 08-16-2011, 10:30 PM

lol........... proof is one thing betting your life......................

Biju · 08-16-2011, 10:31 PM

I think it's pretty obvious they're in trouble and likely going under.

Do you think they keep player money segregated from profits and money to run the company a la Full Tilt?

What was their core business, where they did they get most of their users? UB - Gone: Full - Tilt Gone. The only real survivor was Stars and they don't have r/back. The smaller sites such as Merge try and do their r/b in house. Bodog canned it for new users so now it's just the handful of old time regs, probably a couple of hundred. How does a company survive on that when it's cut it's cloth on all the other players from the dead sites. Answer it doesn't, especially if it is not a well run company.