And my only question that could maybe be considered "anti-Lock" and I don't understand (as stated above) is that it doesn't make sense to me why Lock doesn't want people buying up funds. Is that actually the reason they gave for not allowing cashouts on transferred funds (even if it's only in some cases)?

My thought process is that if I have 20k in my Lock account then Lock has 20k of my money and they owe me 20k if I want it. If I send 20k to my friend Jarred, then they now owe Jarred 20k. I don't see how they can say Jarred can't get his 20k if he wants it if he plays enough to where it's not just using Lock as a bank and not as a poker site. What is Locks reasoning for not wanting people buying up Lock funds? Have they told anyone this info?

Furthermore, if this is the actual reasoning for them not allowing the cashouts on some transferred funds, I don't think it's lack of money. Does people buying up a bunch of Lock money even speed up how much the total amount of withdrawals Lock is getting? I mean if 15 people from the xfer thread send a total of 30k to 2 random people buying up funds rather than just cashout themselves....then those 2 people can cashout 10k at a time right? If the people cashing out thru the 2p2 thread all requested in the cashier themselves, then Lock would get 30k in withdraw requests instantly. If they take the 2p2 cashout route, Lock gets 20k instantly and 10k at some future time.

Even if the players cashing out through other players are doing large amts, say 10k each, then it still slows it down. If 3 players each send 10k to 2 buying funds...the 2 buying funds can request 10k at a time as opposed to everyone doing it in cashier where the 3 players request 10k and the 2 buying up funds do 10k of other money they already had in cashier. So Lock gets 20k in requests the first way, and 50k the other way.

Am I missing something here?

Yes. Hundreds and hundreds of posts over the last week asking the same question and making the same points you just did, as well as providing a lot of the information your posts both here and in at least one other thread make very clear that you don't have.

I understand that you're playing a bit of devil's advocate here and you think you're providing a voice of reason, but you really should do some more reading before just jumping in and commenting on things that you barely have a clue about. You're in waaaaaaaaay over your head.

I have read them; have you? If you had and looked at some of the various threads links that have been posted, you'd have found the 1-800 # where one could at least attempt to call, not saying they'd answer; either way, one more day as opposed to locking oneself in for gosh knows how long on a "test" cashout seems fairly harmless.

Either way, I'd rather be "ignorant" in the eyes of an idiot than you.

Cheers,
John

I don't see anything missed...but then again, I'm ignorant. He gets "mad" and posts that everyone's wildly speculating w/o realizing that the answers offered make even less sense than the "speculation." In lack of any rational answer that they're obviously not willing to put out there, what I don't understand is why he's so shocked at the "wild" speculation...unless its not.

A ridiculous (albeit sad) situation from whatever perspective one sees it from. Myself, I slowed down playing there and have recently stopped; no matter what the truth is, its just to risky and no longer enjoyable to bother on that site.

I'm confused:

Has it been answered:

I am staked for 1000, I win 5000. Can I cashout 5000 (leaving the 1000 stake) or zero

It seems if the answer is zero, it's so ridiculous, it's beyond belief.

If however you can cash the 5000 out then they could make some weak money laundering claim or something at least semi logical.

So what is the policy exactly?

In before "The policy is to review cashouts on accounts receiving transfers on a case by case basis".

you missed the whole gist of the post. No **** they have a 1800 number any ****** with google could find it but even you know they won't pick up, they also have a security team who you could email and ask about it. The point is nobody responds on the situation. But then again im pretty sure you didn't actually read the threads and just felt like popping in and felt like you were giving this great wisdom just like the p2p chat thread where every post you make is utterly useless.

As long as the players "play through" the money I have sent them then I shouldn't have to as well, when it is sent back to me??

Here is the difference... In almost all circumstances players are sending to ROW players who should be able to cashout quickly whereas if they(US players) where to cashout themselves then Lock could explain why it is taking 3 months. Problem is ROW are now experiencing the same time frame for cashouts which I believe is the biggest red flag.

Yep when the ponzi scheme could not keep up with even ROW funds its time for it to collapse

Legitimate players will be reviewed and will not have withdrawal restrictions. These cases will be reviewed in depth at this time but as we have already seen from people posting here regular players have still had cashouts go through find after sending and receiving transfers.


If you are staking and pass the review from the security team verifying that you are staking legitimate players then you wont have a playthrough requirement.

This is all crap once again. Dont tell people they will simply need to do a playthrough requirement. See the a new email I got, and ive been playing since this event to make them happy. I stop playing until I get told I'll be able to cash out!

AND DONT DELETE THIS POST CAUSE IM JUST REPORTING FACTS AND THE TRUTH

Hello,

Thank you for contacting us, as previously stated player transfers not eligible for payouts regardless of wagering requirements. If you have any further questions or concerns please do not hesitate to contact us.
All our best,

Steven

---
CSR, Lock Security

http://lockpoker.eu
http://lockcasino.eu

So you are refusing to explicitly state what the policy is?

Shane,

The issue is you can't just have an arbitrary review, you need specific requirements laid out for players.

Lock's utterly random discretion is what causes all the frustration and confusion around here.

How you guys haven't realized this elementary detail is beyond me and is what makes yourself and Lock look extremely incompetent and inefficient.

If, in fact, they haven't realized it. Which I find highly doubtful

Name one person who's submitted a cash out and received it since this fiasco started.

LOL,

Right,
PPL submitted and got cash outs in the past 10 days, because lock can even process a skrill that quickly. No it can't, as we've seen it takes minimum 30 days, and up to 100 in some ppls cases. How do you think its still possible to just make a statement which isn't even factually plausible.
One person, Mccormick, has gotten a 10k skrill in 7 days.

A single person and from what I understand, his cashouts were never denied to begin with.

Stop lying to us or at the very least, stop manipulating and misrepresenting the truth and the reality of whats going on here.

I didnt say received I said go through, or more accurately not get rejected.

Cashouts for legitimate players are not being rejected based on this policy change.

It took months for Lock to cancel thejuggernaut's cashout, and all of the others in that thread that had theirs cancelled as well.

We all know that Lock doesn't do anything quickly. Just because somebody submitted a cashout two days ago and hasn't had it cancelled, it doesn't mean it won't get cancelled in the five months he'll be waiting for the check.

thejuggernauts cashout was cancelled when this situation was uncovered. Until that point in time this situation was unknown. It wasn't a review of their cashout that led to the cancellation it was a separate investigation that found problems with lots of existing cashouts and accounts.

The security team can no work with the information already acquired and analyze new cashouts as they are requested. So moving forward cashouts are either cancelled or allowed in real time not retroactively as was the case after the initial investigation.

wtf are you babbling about? What is the policy for cashing out transfered money? Please state it explicitly. If you don't know what it is, say that.

Meanwhile, it takes 3-4 weeks for a cash out to be authorized.
And the recent event seemed to wipe out anyones cash out that was still in a requested phase.
So now while ppl ask for a new cashout, having been informed of the new policy and in no way feel they have done wrong, may in fact find there cashout cancelled after waiting another 3-4 weeks, which would then make the process 2-3 x as long as it should have been.
I.E

Ask for cashout April 1st.
Cancelled the 21st with the policy.
I re request the 30th of April.
It gets cancelled again the 21st of May

All of a sudden to cancelled cash outs cost me over 2 months of time, and to put in another request means another month.

Almost 3 months.

Meanwhile, i have no real indication from security if my account is in good standing, because no one is really receiving a response aside from no funds are eligable for cashout that have been transferred.

So we are left in a situation of complete ambiguity with regards to the ability to even cash out in most cases, which in turn creates a potential much longer wait time, with no real warning or indication.

^^This please...

I have been staking players on Lock for a couple of months, explained my situation to security and they replied that transferred funds cannot be cashed out. Many others have received this same reply.

I have never bought Lock$ from anyone to fund my account and my outgoing transfers far exceed my incoming but am told I can't cash out via WU. Like I previously stated, this wouldn't be a problem if Lock didn't do everything possible to cause their money to be traded at .35.

If you want to stop transfers from being abused, you turn them off(or have a clearly stated play through policy). You do not make the transferred funds unavailable for withdraw and basically screw everyone over. Also, how in the hell can you implement a policy on the fly and make that policy affect players that received legitimate transfers BEFORE the policy was in place?

Your broad responses that never actually address concerns are not helping the cause either...

What you are saying directly contradicts what Shane is saying.

"I have never bought Lock$ from anyone to fund my account and my outgoing transfers far exceed my incoming but am told I can't cash out via WU."

And then

"If you want to stop transfers from being abused, you turn them off(or have a clearly stated play through policy). You do not make the transferred funds unavailable for withdraw and basically screw everyone over. Also, how in the hell can you implement a policy on the fly and make that policy affect players that received legitimate transfers BEFORE the policy was in place?"

Basically echoed these sentiments.