Quote:
Originally Posted by TheVillageGrinder
LOL at anything resembling a consistent cashout process becoming "the norm." they are flat out lying when they tell you this because the truth is even they don't know how long they'll be able to keep a processor for.
This was the same bs that Rizen was spouting when he used to moderate the forum. Things were always changing, improving, etc except it never lasted.
I was actually just a few weeks ago semi-defending Lock's position on improving withdraw speeds. It appears it was a small batch of payouts, however many people were missed (even ROW players are waiting 100 days lol). Your theory definitely could hold a lot of truth to it, which sadly means that it's really not in Lock's control when a (legit) payment processor simply bails on them. Lock's left with angry(ier) customers. Obviously the onus is still on Lock to find ways of getting the job done as you can only send out cookie-cutter apologies for so long before your player base completely dwindles away. They're already behind Bovada.
You don't open a business if you don't have the means of accepting and distributing payments to customers and those you purchase from. I know Shane will come in here and say "this is a U.S. facing site and there are things outside of our control so this isn't relevant" but the fact of the matter is it's really not the responsibility of the players to deal with the degree of delays being experienced. You can't have your cake and eat it too. If Lock can't pay people out within anything remotely close to reasonable time frames, they should be transparent about it and possibly even temporarily put a hold on withdraw requests and/or new sign ups from U.S. players. I doubt this would happen but you'd think this would help them IF they really did intend to rectify things.
I will say that the Fair Play system should help w/ liquidity issues, if there is any truth to it. This is more of a long-term solution (as much as a short term one) so maybe the house of cards isn't going to crash soon. You'd think if this were a real Ponzi Scheme then they'd just let everyone keep raking for them and depositing and acting like nothing was wrong.