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NO cash out if you received a P2P transfer! NO cash out if you received a P2P transfer!

04-27-2013 , 04:39 PM
lock, proving that money has no owners
04-27-2013 , 04:40 PM
Quote:
Originally Posted by DonSwanLeon
Shane,

if the below is true:

"there are no wagering requirements; player transfers are ineligible for payouts."

then why hasn't it been added to the ToS yesterday?

and

does this mean if a player has received $500 via player transfer and wins $200 (having $700 total in their account) that they can only cashout $200?
its not like it would matter anyway. you can't just make something like that up after the fact and then keep everyone's money because of a policy they had no way of knowing even existed. well, you can, but its stealing.
04-27-2013 , 04:40 PM
Jeez. I'm still waiting for my max withdrawal and bought some more chips... Now they aren't gonna let me make a withdrawal with the money I bought???
04-27-2013 , 04:42 PM
Quote:
Originally Posted by imjustshane
Because I have seen and know enough about the entire picture to know we are going to be fine.

The sad thing is this is coming at a time when cashouts have really started getting back up to speed and that is being lost in the block back from this transfers situation.
This is literally verbatim what FTPDoug was saying before FTP went under. I mean exactly.

Fwiw.
04-27-2013 , 04:48 PM
Quote:
Originally Posted by imjustshane
Because I have seen and know enough about the entire picture to know we are going to be fine.

The sad thing is this is coming at a time when cashouts have really started getting back up to speed and that is being lost in the block back from this transfers situation.
Cashouts have been getting up to speed??? Really??? How is it that I'm still waiting 4.5 months for a check then? Why can't I get any kind of real information as to when I will actually be receiving this check then? Not to mention my western union cashout that is 6 weeks old and I haven't received sender's info yet. I guess I'll be lucky to get that in the next two months ya? I wonder which I'll get first the check or the WU
04-27-2013 , 05:12 PM
Spoiler:

.
04-27-2013 , 05:13 PM
Quote:
Originally Posted by DonSwanLeon

does this mean if a player has received $500 via player transfer and wins $200 (having $700 total in their account) that they can only cashout $200?
It appears to mean they can arbitrarily deny you the right to cash out at all and then claim you are the reason cash outs are slow.

The thread title isn't a mistake. Its quite literal.
04-27-2013 , 05:25 PM
Lock is just unbelievable!!!
I'm not even that surprised that they are doing this... Nothing that they do baffles me anymore.
04-27-2013 , 05:30 PM
Quote:
Originally Posted by vanity02
my thread got stolen :| lol... but yeah 200k? wow... really?
Lol. Any thread would get stolen when someone says they have 200k.
04-27-2013 , 05:57 PM
This is straight out robbery of funds.

What is the price of lock money now ? 0.01 ? If any buy now they are idiots.

I really hope ur get ur money everyone, but this is the last straw imo Lock is going under while managment runs with your money.
04-27-2013 , 06:04 PM
so what happens if you send a few bucks to someone you don't like?
04-27-2013 , 06:16 PM
man they sure picked the right company to name it Lock Poker. They locked your money and threw away the key. Sorry guys hope it ends well but it doesn't look like it.
04-27-2013 , 06:17 PM
Quote:
Originally Posted by DaycareInferno
so what happens if you send a few bucks to someone you don't like?
nice idea, and it would actually work..
04-27-2013 , 06:17 PM
has this happened to anyone who requested WU/check or is it just the people who have cashed out via skrill?
04-27-2013 , 06:24 PM
so far only people with skrill seem affected.
04-27-2013 , 06:58 PM
Quote:
Originally Posted by DaycareInferno
its not like it would matter anyway. you can't just make something like that up after the fact and then keep everyone's money because of a policy they had no way of knowing even existed. well, you can, but its stealing.
What I asked does matter to me and to a lot of people. The policy in question was that player transfers were meant for playing and there was a play through requirement of wagering 1:1 (the wagering requirement ridiculously not posted in their ToS).

Lock should give clarity to the player transfer situation asap, amongst other things.

It's ludicrous already and very frustrating.

I agree in some ways with you that
Quote:
Originally Posted by DaycareInferno
you can't just make something like that up after the fact and then keep everyone's money because of a policy they had no way of knowing even existed.
but companies do change their ToS, it's not abnormal. What is abnormal is changing the policy without notification and clarity.

and I think when you say:

Quote:
Originally Posted by DaycareInferno
you can, but its stealing.
is not true, because going forward, if we are aware of the policy then we can adjust the way we use transfers on the site, we may choose to not use them, we may choose to not play on Lock, we can make sober decisions with the information we read in their ToS.

Lock has the right in going forward to change their ToS and have it change player transfers going forward.

The right thing be to not apply it to prior activity.

We all know that is wrong, I just hope Lock thinks the same. So in that light, we agree.

Lock! update your ToS, give clarity to the situation.
04-27-2013 , 07:43 PM
Quote:
Originally Posted by ffguitarguy
Hello,

Thank you for your reply, there are no wagering requirements; player transfers are ineligible for payouts. Should you require any further assistance please do not hesitate to contact us.

All our best,

Steven

---
CSR, Lock Security


I honestly can't believe what I'm reading, that is unreal. You get a player transfer, it will never leave lock poker?
04-27-2013 , 07:59 PM
Spoiler:


04-27-2013 , 08:02 PM
Quote:
Originally Posted by imjustshane
Because I have seen and know enough about the entire picture to know we are going to be fine.

The sad thing is this is coming at a time when cashouts have really started getting back up to speed and that is being lost in the block back from this transfers situation.
Believe me that Jen's lying to you yet???
04-27-2013 , 08:14 PM
Quote:
Originally Posted by imjustshane
Because I have seen and know enough about the entire picture to know we are going to be fine.

The sad thing is this is coming at a time when cashouts have really started getting back up to speed and that is being lost in the block back from this transfers situation.
lol is this a joke? I'm still waiting on a check from the end of November. I'm actually leaving this address for the summer in the middle of May, so I don't know how that's going to work. Probably will have to cancel the cashout and start waiting all over?
04-27-2013 , 08:34 PM
Quote:
Originally Posted by ffguitarguy
so far only people with skrill seem affected.
And Neteller but yeah Ewallets seem to be affected.
04-27-2013 , 08:38 PM
No need to do anything for checks because lol like they were ever paying us anyway
04-27-2013 , 08:44 PM
Seems like people had the same idea as me. I wanted to buy up as much Lock money as possible, play through, then cash out. I wouldn't mind waiting a year for an easy double up. This is the result of Lock's inability to complete withdrawals.////////////

What is happening is people are selling their cash for 50 cents on the dollar and leaving lock while the buyers are playing through and withdrawing. Which is leaving Lock with far less rake, hindering them from paying their expenses.////////////

The bad publicity isn't solely coming from the buyers who are swooping up Lock money 50 cents on the dollar. It is coming from every player on the site who is fed up with the 4month+ wait, including me.///////////////

I got my money on there instantly, depositing, and I am waiting 4 months now to get it off. I will not play any poker there until I get my money. If I get my 2.5k I will swoop up 5,000 on the forums and start playing again.//////////////

Again, the bad publicity is true, and it didn't originate from the players. It is a direct result from Lock Poker's actions, policies, and procedures.////////////

From their point of view, I sense fear. Fear of losing their entire player base. Fear that is leading them to find ways to hold on to cash a long as possible. In my experience Money + Time = Interest, and the longer they hold on to our money, the more interest they are receiving. Are we compensated for those 4 months they have our cash pending? We could easily be earning interest on our money else where; instead, we aren't, and they are.////////////
04-27-2013 , 08:51 PM
Quote:
Originally Posted by ffguitarguy
nice idea, and it would actually work..
lol
04-27-2013 , 08:52 PM
Quote:
Originally Posted by DaycareInferno
so what happens if you send a few bucks to someone you don't like?
Thats awesome!!!

      
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