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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)

05-18-2013 , 01:30 AM
Jesus, why do they even offer checks? Has anyone here received one in the last 2 months?
05-18-2013 , 06:35 AM
Yes! Sorry bro for the mistake.
05-18-2013 , 09:10 AM
So does anyone think it's still ok to play on lock?? or just try get funds off asap?????????
05-18-2013 , 09:14 AM
Quote:
Originally Posted by DonkeyKong85
I'm new to twoplustwo and this is my first post I've been playing on Lock poker for 6 months (although I've had an account for 10 months).

I think it's a very difficult situation playing on lock. I only became aware of all the problem in the last 3 months. I waited a little over 2 months for my first withdrawal which was only 1000usd, which is disgusting (received the money in my moneybookers account/skrill last week mid May 2013). I also know a pro in Thailand who had to wait over 3 months for a withdrawal of around 20,000usd. I find it completely unacceptable the payouts are so slow and this would suggest something must be seriously wrong inside Lock. But if a cash out in the 10's of thousands can eventually be made i'm hopping it's just a cashflow problem. The only small positive i can give is my lock account started with a player transfer and so i have now got a withdrawal that started with a player transfer. So this isolated incident seems to be inline with new 15% rake generation of transferred amount before withdrawal.

I quoted the above text because i like to see that there at least some positive signs. It's very difficult when you have funds of 3000usd+++ on the site and don't know if to build or try get money off and be left with no bankroll to play while waiting for a notoriously slow withdrawal?? All i know is as someone who is new to all these going ons it is v.difficult to sort through all the rants on twoplustwo and find the real info people need to know what to do about their money...

Also i had no idea how to see what was happening with my withdrawal couldn't see it's status of what was happening for the whole time i'd say i wrote to lock support 10 times. Often i would get a response saying because of the nature of your request we have forwarded your query to cashier department. But i never recieved a response from the cashier department once in over 2 months, really bad!!!!!!!
see above post about withdrawing asap
05-18-2013 , 09:56 AM
Quote:
Originally Posted by DonkeyKong85
So does anyone think it's still ok to play on lock?? or just try get funds off asap?????????
Personal opinion - no it is not okay to play on Lock. Get your money off and play on a site that pays customers promptly and doesn't lie to them.
05-18-2013 , 10:35 AM
Quote:
Originally Posted by SGT RJ
Personal opinion - no it is not okay to play on Lock. Get your money off and play on a site that pays customers promptly and doesn't lie to them.
I would love to get my money off tomorrow and play on a better poker room. But the problem is waiting for the online balance (4000). Does anybody think it is safe to play for another 3 months and get withdrawl set up to finance deposit on another poker site??/
05-18-2013 , 10:44 AM
If you need to play to work through a transfer requirement, then by all means do so.

Yes, it's going to take a while to get your balance. Playing more isn't going to change that. So stop giving the site another dime of rake. They've proven they don't deserve it (IMO).

Is it "safe" to play? No one can really answer that, Lock has consistently refused to prove that player funds are segregated. They will say yes. Some of the evidence suggests they have significant cash flow problems.

I imagine it's pretty frustrating to have your entire poker roll tied up on a site that won't give you your money for a significant amount of time, and I can only empathize with you and others in that spot. That said, I don't think the solution is to just shrug and continue to play. That just tells them that they can continue to lie to their customers and hold on to your money for months, because those customers are "trapped" and figure "oh well, playing poker is better than not playing poker".

The only way sites like this are really going to change is if we as a community stop supporting them. So, in my opinion, you should stop supporting them by playing and generating rake. If that means not playing while you wait for your money, I understand that sucks, but is allowing a site that deliberately lies to its customers and mismanages their money to continue to take your rake a better choice?
05-18-2013 , 11:31 AM
Quote:
Originally Posted by SGT RJ
If you need to play to work through a transfer requirement, then by all means do so.

Yes, it's going to take a while to get your balance. Playing more isn't going to change that. So stop giving the site another dime of rake. They've proven they don't deserve it (IMO).

Is it "safe" to play? No one can really answer that, Lock has consistently refused to prove that player funds are segregated. They will say yes. Some of the evidence suggests they have significant cash flow problems.

I imagine it's pretty frustrating to have your entire poker roll tied up on a site that won't give you your money for a significant amount of time, and I can only empathize with you and others in that spot. That said, I don't think the solution is to just shrug and continue to play. That just tells them that they can continue to lie to their customers and hold on to your money for months, because those customers are "trapped" and figure "oh well, playing poker is better than not playing poker".

The only way sites like this are really going to change is if we as a community stop supporting them. So, in my opinion, you should stop supporting them by playing and generating rake. If that means not playing while you wait for your money, I understand that sucks, but is allowing a site that deliberately lies to its customers and mismanages their money to continue to take your rake a better choice?
Thank you for good intelligent answer to my posts! Yes i will try get my money off asap but the problem is the wait!! i'm considering withdrawing half the money i have on lock and continuing to play with the other half. Although i dont really want to give them rake i have a good rakeback deal through affilate so am not giving them so much. When i get first half will deposit on another site and once i get this will withdraw all money remaining on lock and play on other sites and be grateful to play on a site i'm not worried is waiting to go bankrupt...
05-18-2013 , 11:49 AM
Quote:
Originally Posted by DonkeyKong85
Thank you for good intelligent answer to my posts! Yes i will try get my money off asap but the problem is the wait!! i'm considering withdrawing half the money i have on lock and continuing to play with the other half. Although i dont really want to give them rake i have a good rakeback deal through affilate so am not giving them so much. When i get first half will deposit on another site and once i get this will withdraw all money remaining on lock and play on other sites and be grateful to play on a site i'm not worried is waiting to go bankrupt...
Yeah, that's a huge problem for everyone and is one of the primary reasons the entire Lock situation has come to a head.

Best of luck getting your money off quickly. Find a US facing site that doesn't treat its customers like crap (assuming you are US). Even if they are smaller, overall I think that's far and away the best thing for individual players and the poker community as a whole.

Also, those awesome rakeback deals are how they lure people into depositing. Then you see how hard it is to get money OFF the site.
05-18-2013 , 12:39 PM
Quote:
Originally Posted by SGT RJ
Yeah, that's a huge problem for everyone and is one of the primary reasons the entire Lock situation has come to a head.

Best of luck getting your money off quickly. Find a US facing site that doesn't treat its customers like crap (assuming you are US). Even if they are smaller, overall I think that's far and away the best thing for individual players and the poker community as a whole.

Also, those awesome rakeback deals are how they lure people into depositing. Then you see how hard it is to get money OFF the site.
yes! well summed up sir

PS- i'm not US i'm Irish, it was the rakeback offer that other told me about that lured me in
05-18-2013 , 12:47 PM
Oh well then you obviously don't have to worry about finding a US facing site. I envy you.
05-18-2013 , 02:15 PM
[QUOTE=SGT RJ;38559176]If you need to play to work through a transfer requirement, then by all means do so.

Yes, it's going to take a while to get your balance. Playing more isn't going to change that. So stop giving the site another dime of rake. They've proven they don't deserve it (IMO).

Is it "safe" to play? No one can really answer that, Lock has consistently refused to prove that player funds are segregated. They will say yes. Some of the evidence suggests they have significant cash flow problems.

I imagine it's pretty frustrating to have your entire poker roll tied up on a site that won't give you your money for a significant amount of time, and I can only empathize with you and others in that spot. That said, I don't think the solution is to just shrug and continue to play. That just tells them that they can continue to lie to their customers and hold on to your money for months, because those customers are "trapped" and figure "oh well, playing poker is better than not playing poker".

The only way sites like this are really going to change is if we as a community stop supporting them. So, in my opinion, you should stop supporting them by playing and generating rake. If that means not playing while you wait for your money, I understand that sucks, but is allowing a site that deliberately lies to its customers and mismanages their money to continue to take your rake a better choice?[/QU


I would have to assume that along with this opinion you would have to be against endorsing the trading of Lock funds on 2+2. If everyone takes this warning then alternatively Lock would shut the doors and the price that your posters are paying for Lock dollars right now (.38) would be rendered useless. Please understand I am not being sarcastic but it seems unrealistic to allow ppl on 2+2 to trade Lock dollars if in the same breath we are going to endorse boycotting the site.

Please respond
05-18-2013 , 02:59 PM
[QUOTE=vegasbound99;38561284]
Quote:
Originally Posted by SGT RJ
If you need to play to work through a transfer requirement, then by all means do so.

Yes, it's going to take a while to get your balance. Playing more isn't going to change that. So stop giving the site another dime of rake. They've proven they don't deserve it (IMO).

Is it "safe" to play? No one can really answer that, Lock has consistently refused to prove that player funds are segregated. They will say yes. Some of the evidence suggests they have significant cash flow problems.

I imagine it's pretty frustrating to have your entire poker roll tied up on a site that won't give you your money for a significant amount of time, and I can only empathize with you and others in that spot. That said, I don't think the solution is to just shrug and continue to play. That just tells them that they can continue to lie to their customers and hold on to your money for months, because those customers are "trapped" and figure "oh well, playing poker is better than not playing poker".

The only way sites like this are really going to change is if we as a community stop supporting them. So, in my opinion, you should stop supporting them by playing and generating rake. If that means not playing while you wait for your money, I understand that sucks, but is allowing a site that deliberately lies to its customers and mismanages their money to continue to take your rake a better choice?[/QU


I would have to assume that along with this opinion you would have to be against endorsing the trading of Lock funds on 2+2. If everyone takes this warning then alternatively Lock would shut the doors and the price that your posters are paying for Lock dollars right now (.38) would be rendered useless. Please understand I am not being sarcastic but it seems unrealistic to allow ppl on 2+2 to trade Lock dollars if in the same breath we are going to endorse boycotting the site.

Please respond
Nobody is endorsing lock. What specifically is your comment directed at. Could you be more clear in what you are saying please
05-18-2013 , 03:59 PM
I am simply asking him that along with the opinion to boycott the site does he endorse the trading of Lock funds in the 2+2 threads. It was clear there was no endorsing Lock Poker. I am trying to understand that if the general consensus of the 2+2 forum is that Lock Poker is near bankruptcy or in a state of financial trouble which has rendered them unable to pay there customers then it would appear to me that for the safety of the members involved in buying lock dollars that 2+2 and or whoever make authoritative decisions for 2+2 consider eliminating the threads for sale or purchase of Lock dollars. The post that I have read on 2+2 regarding the Lock situation including post from elders on 2+2 have in short made me feel that recovering funds from this site may possibly not not happen. So again if it's even possible wouldn't it be dangerous to allow those members to engage in the purchase of those funds? I am not making any accusations just looking for a higher understanding than mine I guess.
05-18-2013 , 04:34 PM
ok thanks for the explanation. Sorry can't help your understanding don't know anything about the trading of lock dollars have many players traded? in my humble uninformed opinion it's the players money they can do what they want and hopefully it will shed more light on the situation
05-18-2013 , 04:43 PM
Has anyone who has requested a check withdrawal seen a small withdrawal from the debit card account used to fund the Lock account originally? I had an unknown transaction from Beijing, China posted to my debit card (the same card I used to fund Lock) and then another smaller INTL POS (point of service?) charge.
The only site that has that debit card number is Lock as far as I can remember.
I'd ask Lock, but we all know the chance of a meaningful reply.

BTW: check requested 2/12/13
Verified on: 4/1/13
.
.
.
nothing!
05-18-2013 , 05:17 PM
withdrawal 1000usd to skrill (ROW) 18/5/13
05-18-2013 , 05:55 PM
Quote:
Originally Posted by vegasbound99
Quote:
Originally Posted by SGT RJ
If you need to play to work through a transfer requirement, then by all means do so.

Yes, it's going to take a while to get your balance. Playing more isn't going to change that. So stop giving the site another dime of rake. They've proven they don't deserve it (IMO).

Is it "safe" to play? No one can really answer that, Lock has consistently refused to prove that player funds are segregated. They will say yes. Some of the evidence suggests they have significant cash flow problems.

I imagine it's pretty frustrating to have your entire poker roll tied up on a site that won't give you your money for a significant amount of time, and I can only empathize with you and others in that spot. That said, I don't think the solution is to just shrug and continue to play. That just tells them that they can continue to lie to their customers and hold on to your money for months, because those customers are "trapped" and figure "oh well, playing poker is better than not playing poker".

The only way sites like this are really going to change is if we as a community stop supporting them. So, in my opinion, you should stop supporting them by playing and generating rake. If that means not playing while you wait for your money, I understand that sucks, but is allowing a site that deliberately lies to its customers and mismanages their money to continue to take your rake a better choice?

I would have to assume that along with this opinion you would have to be against endorsing the trading of Lock funds on 2+2. If everyone takes this warning then alternatively Lock would shut the doors and the price that your posters are paying for Lock dollars right now (.38) would be rendered useless. Please understand I am not being sarcastic but it seems unrealistic to allow ppl on 2+2 to trade Lock dollars if in the same breath we are going to endorse boycotting the site.

Please respond
Quote:
Originally Posted by vegasbound99
I am simply asking him that along with the opinion to boycott the site does he endorse the trading of Lock funds in the 2+2 threads. It was clear there was no endorsing Lock Poker. I am trying to understand that if the general consensus of the 2+2 forum is that Lock Poker is near bankruptcy or in a state of financial trouble which has rendered them unable to pay there customers then it would appear to me that for the safety of the members involved in buying lock dollars that 2+2 and or whoever make authoritative decisions for 2+2 consider eliminating the threads for sale or purchase of Lock dollars. The post that I have read on 2+2 regarding the Lock situation including post from elders on 2+2 have in short made me feel that recovering funds from this site may possibly not not happen. So again if it's even possible wouldn't it be dangerous to allow those members to engage in the purchase of those funds? I am not making any accusations just looking for a higher understanding than mine I guess.
One, you are asking HER, as I am female. Just as an FYI.

Two, I'm an NVG mod, and as such I have no say over what is or is not allowed in the trading threads. When the scandal first started (and someone in the NVG thread suggested it), I PMed two of the primary IP mods to let them know about concerns about trading Lock funds on 2p2. As far as I know, they decided to continue to allow Lock trading, as there was enough discussion of their cash flow issues that they felt that anyone looking to trade would know about the issues and therefore be able to make an informed decision.

I'm of two minds on the issue - I don't believe Lock is a solid business, and as such 2p2 should distance itself from them as much as possible, including shutting down allowing people to use this site to trade. But on the other hand, if someone has a lot of money locked up on there, and they are willing to trade for pennies on the dollar and someone is willing to speculate and buy it, are they really doing anything wrong?

It's similar to what happened with FTP. I can't tell you how many times I deleted posts from people trying to buy or sell funds for a variety of prices, depending on what part of that debacle we were in. It's going to happen. Maybe having a place where those trades are out in the open, and people can see who is speculating and use that to decide if they want to do business with them, is a valid idea.

But, as I said, I ultimately have no say on this issue, as I do not moderate a forum where buying and selling of ANY funds is allowed.
05-18-2013 , 10:16 PM
SGT just wanted to say thank you for the detailed response.
05-18-2013 , 10:28 PM
when was the last time a US Player received a check cashout from Lock.
05-18-2013 , 11:19 PM
April 9th
05-19-2013 , 02:47 AM
I don't normally complain about stuff like this.

I requested check withdrawal around 1/13/13
Check got "verified" on 2/13/13
It is now 5/19/13 and according to this thread it still has to go through how many more steps? "Processed" and then another couple weeks? Could anyone help me estimate when I will get my check? Thanks.
05-19-2013 , 09:43 AM
Quote:
Originally Posted by CremeDeLaKrem
I don't normally complain about stuff like this.

I requested check withdrawal around 1/13/13
Check got "verified" on 2/13/13
It is now 5/19/13 and according to this thread it still has to go through how many more steps? "Processed" and then another couple weeks? Could anyone help me estimate when I will get my check? Thanks.
I don't believe anyone here could give a you a reliable estimate. You can see what Shane says of course, but I think he can only relay what Lock tells him, at best.

I will say that many of our check cashouts are taking far, far longer than just a few weeks after processing. Some do not believe they are coming at all.

Last edited by derSchwartz; 05-19-2013 at 10:13 AM.
05-19-2013 , 04:04 PM
Seeing @lockpoker promoting its tourneys on twitter today is absolutely tilting me. those of you who twitter can let the world know how dishonest and terrible these guys are.

Lock Poker ‏@lockpoker 3h

In the $100k GTD we also have $500 bounties on the following Lock Pros @melanieweisner @HokieGreg @jhubpoker and @MarcAlioto
Details
Lock Poker Lock Poker ‏@lockpoker 3h

In the $70k GTD we are putting up $500 on the following Lock Pros: @FelipeMojave @PrimordialAA @MattStoutPoker and @hurr1canejeff
Details
Lock Poker Lock Poker ‏@lockpoker 3h

8 bounties available today in the $70 & $100k GTD - overlay expected so even more value added and available for you. Bounties will include..
Details
05-20-2013 , 05:48 PM
Quote:
Originally Posted by ShadowPoker
Jesus, why do they even offer checks? Has anyone here received one in the last 2 months?
I received one in mid March, but right now I am still waiting on one from 1/22.

      
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