Open Side Menu Go to the Top
Register
Lock Poker cashout thread (10 WEEK MINIMUM WAIT) - not a transfer thread (see OP) Lock Poker cashout thread (10 WEEK MINIMUM WAIT) - not a transfer thread (see OP)

02-10-2013 , 01:49 PM
Quote:
Originally Posted by X_Lock Poker
So if lock poker has a "handle" on things, how are sites like intertops able to do weekly cashouts?

Shane mentioned he cannot tell us who their payment processor is, I don't know the laws of this but would like to know this.
Intertops, Bovada, and now Carbon have big sportsbooks attached to them.

They likely make the majority of revenue from those, therefore leaving them with piles of cash, and much bigger margins.
02-10-2013 , 02:49 PM
What about those vip players on lock? Do they get preferred treatment for cashing out?


Also, can someone sign up on lock or carbon if they never had an account?
02-11-2013 , 04:56 AM
Quote:
Originally Posted by Schwatt
Intertops, Bovada, and now Carbon have big sportsbooks attached to them.

They likely make the majority of revenue from those, therefore leaving them with piles of cash, and much bigger margins.
lol, what? Sportsbooks don't make nearly as much money as poker. Poker sites should be printing cash. Sportsbooks really on a 10% hold, but they're still gambling. There is no gamble in running a poker site.
02-11-2013 , 08:11 AM
Quote:
Originally Posted by Timely Hero
lol, what? Sportsbooks don't make nearly as much money as poker. Poker sites should be printing cash. Sportsbooks really on a 10% hold, but they're still gambling. There is no gamble in running a poker site.
you cant be serious. go away troll
02-11-2013 , 03:35 PM
Quote:
Originally Posted by Schwatt
you cant be serious. go away troll
Why don't you learn a thing or two before making a complete fool of yourself.

If poker rooms could deal out 100 hands an hour like online, they would have the biggest real estate in the casino. That being said, poker rooms are still bigger than most sportsbooks - there's a reason for that. Sportsbooks rake in money? You really think that? Sportsbooks are gambling you buffoon. Whether a player wins or losses has no affect on you when owning a poker room. Pokerstars is guaranteed 10% hold on all their tournaments +whatever rake they bring in from cash games. When people win gambling sports, you lose as a sportsbooks.
02-11-2013 , 04:13 PM
Quote:
Originally Posted by Timely Hero
Why don't you learn a thing or two before making a complete fool of yourself.

If poker rooms could deal out 100 hands an hour like online, they would have the biggest real estate in the casino. That being said, poker rooms are still bigger than most sportsbooks - there's a reason for that. Sportsbooks rake in money? You really think that? Sportsbooks are gambling you buffoon. Whether a player wins or losses has no affect on you when owning a poker room. Pokerstars is guaranteed 10% hold on all their tournaments +whatever rake they bring in from cash games. When people win gambling sports, you lose as a sportsbooks.
Try again.. you haven't made yourself look bad enough yet.
02-11-2013 , 06:54 PM
Quote:
Originally Posted by holdemrefugee
Day 85 and still no check!
Day 89 still no check!

Requested 11/12

Processed 12/27

Received ????

Literally going to be shocked if anything ever actually shows up. Crazy thing is I had another cash out on January 22nd.
02-11-2013 , 07:02 PM
Quote:
Originally Posted by Ice_W0lf
Try again.. you haven't made yourself look bad enough yet.
Sportsbooks fold up, steal players money and go broke time and time again. 100's of come and gone, possibly 1000's. Try again blah blah.

I still haven't been paid by lock.
02-11-2013 , 07:26 PM
You are vastly overstating the rake a poker table pulls in if you think a poker room at 100 hands an hour would have the most real estate in a casino (implying more so than slots). 9 person poker table at 100 hands/hr... even with some crap rake cap of $5.. even if it hits the cap all 100 hands, is still only $500/hr. Slot machines crush that.. as do sports books.

Last edited by Ice_W0lf; 02-11-2013 at 07:32 PM. Reason: /my derail of thread.
02-11-2013 , 07:29 PM
Quote:
Originally Posted by Ice_W0lf
You are vastly overstating the rake a poker table pulls in if you think a poker room at 100 hands an hour would have the most real estate in a casino (implying more so than slots). 9 person poker table at 100 hands/hr... even with some crap rake cap of $5.. even if it hits the cap all 100 hands, is still only $500/hr. Slot machines crush that.. as do sports books.
Oh yeah definately, VERY sure sportsbooks and slot machines crush offline poker. Pretty sure online poker beat both of those aswell, though.
02-11-2013 , 11:31 PM
Quote:
Originally Posted by holdemrefugee
Day 89 still no check!

Requested 11/12

Processed 12/27

Received ????

Literally going to be shocked if anything ever actually shows up. Crazy thing is I had another cash out on January 22nd.
These posts about checks are annoying. Do your research and stop complaining. It has been taking 3-4 months to get checks for a long time now. Expect to wait between 90-120 days. You should not be shocked. You should feel foolish for not researching ahead of time and preparing yourself.
02-12-2013 , 01:09 AM
Quote:
Originally Posted by Mccormick
Oh yeah definately, VERY sure sportsbooks and slot machines crush offline poker. Pretty sure online poker beat both of those aswell, though.
Which is what I said, but he doesn't get it. I never said anything about slots, I was strictly talking about sportsbooks in relativity to poker rooms. Online pokerrooms are much more profitable with much less risk than sportsbooks. You guys are just being ignorant, but carry on.
02-12-2013 , 01:16 AM
Quote:
Originally Posted by The Horny Rhino
These posts about checks are annoying. Do your research and stop complaining. It has been taking 3-4 months to get checks for a long time now. Expect to wait between 90-120 days. You should not be shocked. You should feel foolish for not researching ahead of time and preparing yourself.
lol, what a joke these sites have become. Yeah people should stop complaining that sites can't pay out in a timely fashion. Why would these sites change their ways if everyone acted like you do.

We should just accept the horrendous customer service, not sure what we are thinking.
02-12-2013 , 01:47 AM
Requested: 12/05/12
Verified: 1/09/13
Received: someday hopefully :-/

Day 69

Has contacting support helped anyone?
02-12-2013 , 02:39 AM
Quote:
Originally Posted by mdw90
Requested: 12/05/12
Verified: 1/09/13
Received: someday hopefully :-/

Day 69

Has contacting support helped anyone?
No. I've contacted multiple times since my October '12 check request, same canned response mixed w/ a few outright lies.

Recently, I've "cashed out" the rest of my balance just to keep myself from playing on such a miserably run site. Not confident that I'll receive any of my $$ tbh.

Made a small deposit on Bovada but bummed to not be able to track my hands and play. Online poker in the US is so tilting.
02-12-2013 , 02:46 AM
Quote:
Originally Posted by Mccormick
Oh yeah definately, VERY sure sportsbooks and slot machines crush offline poker. Pretty sure online poker beat both of those aswell, though.
He is applying online poker as if it were live poker dealing 100 hands an hour. Sports books still beat that for sure. Reading comprehension ftw
02-12-2013 , 08:17 AM
Quote:
Originally Posted by Timely Hero
Which is what I said, but he doesn't get it. I never said anything about slots, I was strictly talking about sportsbooks in relativity to poker rooms. Online pokerrooms are much more profitable with much less risk than sportsbooks. You guys are just being ignorant, but carry on.
Which is easier, being a winning sportsbettor or a winning poker player?
OK, now who has the bigger edge?
(hint: its poker player for both)

Net depositing fish keep both books and poker going.
OK, now when a fish dumps $500 at poker in 5 mins, who gets that money? How about if he does it at a sportsbook?

So shady overseas sportsbooks shut down is your evidence that they aren't profitable? Yea, because we don't know any poker rooms that have closed and stolen money
02-12-2013 , 10:21 AM
Quote:
Originally Posted by Timely Hero
lol, what a joke these sites have become. Yeah people should stop complaining that sites can't pay out in a timely fashion. Why would these sites change their ways if everyone acted like you do.

We should just accept the horrendous customer service, not sure what we are thinking.
Acting like I do? I'm being realistic. Coming on these threads and saying the same things over and over again will do nothing. The only action you can take that will send Lock a message is by deciding not to play on there anymore.
02-12-2013 , 12:11 PM
Has anyone heard from Shane? Im having trouble getting in touch with him.

Last edited by AuroythmiX; 02-12-2013 at 12:21 PM.
02-12-2013 , 12:20 PM
Quote:
Originally Posted by Schwatt
Which is easier, being a winning sportsbettor or a winning poker player?
OK, now who has the bigger edge?
(hint: its poker player for both)

Net depositing fish keep both books and poker going.
OK, now when a fish dumps $500 at poker in 5 mins, who gets that money? How about if he does it at a sportsbook?

So shady overseas sportsbooks shut down is your evidence that they aren't profitable? Yea, because we don't know any poker rooms that have closed and stolen money
What don't you understand? It doesn't matter if you win or lose playing cards, the site still makes money. Sportsbooks rely on keeping their numbers sharp to avoid getting hit by sharp bettors and squares don't have unlimited rolls so when they bust out you stop making that money. Poker sites make money regardless of results.

I come from writing for a sports capping site, and my focus is betting sports and playing the market - taking advantage of slow moving books. Keep trying to tell me which service makes more money though. You guys are so clueless it's painful to listen to.

There is no risk in owning and operating a poker site. There is a ton of risk in owning and operating a sportsbook. The hold at a sportsbook, and sheer volume wagered, isn't enough to make what poker sites make. The ignorance of this place is unbelievable.
02-12-2013 , 12:21 PM
Fish don't keep poker sites going everyone does. What do you not get? Fish and winners pay the same fee to enter a tournament. Fish and winners pay the same rake on hands. Winners end up paying the site out more actually so in poker it makes no difference.

Anyone that thinks that sportsbooks are some money printing enterprises doesn't understand a thing about sportsbooks and should just shut up. Poker will be legalized in this country before online sportsbooks because poker will make the country more money
02-12-2013 , 01:27 PM
Take your pissy attitude here if you want to argue:

http://forumserver.twoplustwo.com/40/sports-betting/

you will fit in amazing there
02-12-2013 , 01:45 PM
Quote:
Originally Posted by The Horny Rhino
These posts about checks are annoying. Do your research and stop complaining. It has been taking 3-4 months to get checks for a long time now. Expect to wait between 90-120 days. You should not be shocked. You should feel foolish for not researching ahead of time and preparing yourself.
My post provides information for others to research. Additionally, why the false promises and timelines from Lock if this is the case? Why not just say it's going to take between 90-120 days.

I can assure you they have given me at least 3 self imposed deadlines and they have yet to hit one of them.
02-12-2013 , 06:46 PM
Quote:
Originally Posted by holdemrefugee
My post provides information for others to research. Additionally, why the false promises and timelines from Lock if this is the case? Why not just say it's going to take between 90-120 days.

I can assure you they have given me at least 3 self imposed deadlines and they have yet to hit one of them.
Day 90, no check!

BTW if you're going to consistently miss deadlines it should not be my responsibility to inquire about failed deliveries. Good customer service would take a proactive approach and e-mail me the status of the shipment. I've worked in logistics and customer service and this is how it should be done.

It's like winning a bet vs a friend. I shouldn't have to pester to collect. A person that pays takes the proactive approach and does it on their own.
02-12-2013 , 07:53 PM
Quote:
Originally Posted by HundredsOfStuff
Requested 3k check: 10/19
Processed: 12/27
Check received: Today. Is this real life?

Will update if/when funds clear.
Cleared.

      
m