Hi friends,

Disclaimer: I have made many deposits, received many transfers, and made many withdrawals on many poker networks over the last several years. All poker networks have some rake % policy relating to receiving p2p transfers. These restrictions are designed to prevent people from using the platforms as simply a money movement mechanism with no intention of playing in the games. I have no problem with this rule in theory. Most sites, use cashier staff discretion to decide whether or not a withdrawal should be approved and don't simply apply their X% rule across the board.

Before I get into the specifics, I want to mention that every conversation I've ever had with them has been a horrific train wreck of grammar, spelling, and most importantly, ability to understand and fix a problem. They are operating at a similar level of competency as Ultimate Bet/Absolute Poker circa 2007.

This problem started a few months ago when I received a p2p transfer and attempted to withdraw a small portion of it while playing with the rest of my balance. After rejecting my withdrawal twice with their copy/paste message of "You must generate at least a 10% of rake revenue over the amount transferred to be eligible..." they took away all my withdrawal options so that I could not even make a request.

I decided to go talk to live chat and see if they could explain the removal of my withdrawal abilities. They told me that I would have to drop X (a dollar amount) in cash game rake or "tournament buy-ins". I asked for specific clarity on what they meant by "tournament buy-ins" whether that was the entire buy-in of the event or simply the fees/rake from the tournament. I was told that the entire buy-in would count towards this rake number although that seemed like a very weird policy to me. I clarified a second time even.

Fast forward to a couple weeks ago, the same thing happened on a different skin where my withdrawal was originally rejected for the same reason. Fine, I figured, I'll just play a few MTTs and make another request. Again, rejected and withdrawal tools removed. I spoke with a rep again today and was told that it is only the tournament fees that count (predictable), and that no exceptions can be made every in this policy in spite of my final withdrawal amount being roughly 20% of the original transfer. It seems very clear that I am a legitimate player on their network and am not using it as an e-wallet. I even requested that they close my account and send me the balance in full but I was told I'd have to play more and drop another $XXX in rake in order to receive a penny of my balance.

I find this lack of discretion and blanket application of a broken rake policy to be misguided and troubling. If you are going to make a deposit to WPN, please understand that you will be unable to withdraw ANY % of that balance until you have dropped at minimum 10% of it in rake. Depending on the game type, this may mean playing way more volume than you intended to play in order to reach their arbitrary threshold. The ONLY exception made is if you have significant profits above the original deposit/transfer amount and even those are often rejected by their withdrawal department. This is a running tally of all your deposits/withdrawals by the way, not simply the last one.

Though this rule is likely stated in their T&C, I wanted to draw extra attention to how they are applying it in staunch contrast to every other poker network I have ever played on.

Happy grinding,
M

[*] Completely standard
[*] Covers processing costs so they don't lose money
[*] Prevents them from being used as a bank / money laundering service


--
Kahn

Read my disclaimer.

Your disclaimer is your answer and what Kahn said is true. I ran into this myself recently transfering $800 from another site via p2p trade because I prefer WPN bitcoin withdrawals. Requested a withdrawal, was denied told to rake 10%. No biggie I know it standard so I fired up 4 tables of 50NL played a couple hours a day and was able to withdraw before the end of the week with some profit to boot..... It's really not a big deal.

Because of that

[x] TL; DR

i am backed on wpn and i get my once a profit cut sent to acr. I play on fabulous poker. I just did a 3k cashout via bitcoin no issue. Even after p2p transfer. Seems to me as they know what the fk is up with all accounts. Does acr know that i play on fab so i can cashout p2p instantly. Probably.

try BetOnline, where u must rake 100%, not 10% lol

this is just how us facing sites are now. support members who do not communicate the same information seems to be very standard for whatever reason. you just gotta deal with it on these sites.

hahahaa, i play with bitcoin only. lol @ 100%.

This place is the worst.

Months ago I had a withdrawl declined apparently because I used bitcon to deposit and mostly just play the casino games and won initiated a withdrawl and they declined it due to not raking enough but I mostly just place the -EV casino games.

Foolishly I made another small deposit a couple months ago and ran it up to a couple hundred and this time I raked plenty of cash game hands and played tournaments to cover the rake needed to make withdrawl. So I go to the cashier and I've found this message:

!You currently don't have any withdraw methods available

So I hit up the support and informed me that after a few days the withdrawl option would instantly pop back up. Of course I didn't make it that long and chunked it back off in the casino.


Logged in a couple days ago out of curiosity to see if it ever came back like the guy said and nope no withdrawl methods available.

But plenty of deposit options!!!

So in short, BlackChipPoker will gladly take your deposits but won't let you withdrawl. Fantastic business model!

can you please send me a PM with your username so I can check with support this issue?

Can someone explain this policy in detail? So if you deposit $1000, you have to pay $100 in rake before cashing out right?


What is the easiest way to pay the rake the fastest? I assume its through cash games as oppose to sng or mtt?

Yeah, basically gotta rake 10%. They might add up the 10% for all recent deposits if you deposit multiple times quickly. Sports/casino games can probably get you out of the rollover, but probably best if you email them to find out the exact requirements there.

The best game to generate rake really comes down to personal preference. Cash and STT/Jackpot tournies are probably about equally fast, though it depends a bit on stakes played. Some people would say jackpots are faster, but it's close. Just play whatever you're most comfortable with. Anything but MTT's, basically, for generating rake fast.

But realistically, if you're worried you won't make the 10% rake requirement, I'd say either you probably shouldn't deposit or start with a smaller amount.

If you're stuck with money on there but don't feel like playing through, you can always just try to double it up or bust it, whether through poker or the casino. Then if you win, it'll at least be more worth the time it takes to generate rake to free your money.