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Originally Posted by sethseth
I am surprised to see this many people signing up on UltimatePoker. The biggest advantages are the LGC oversight, and going down to the casino to cash out when you win a tournament, but it comes with a HUGE downside of only being able to play in Nevada.
You can already deposit on Bovada with Visa, Western Union, and Moneygram, and on SealsWithClubs indirectly with bank account, wire, or at 7-11, CVS, or WalMart.
According to timormson, 10 day Bovada cashouts is reasonable considering the site has 20x the number of players. Seals has 2-4hr bitcoin cashouts. UltimatePoker is going to have to rely entirely on it's advertising to pull ahead of these competitors who already have mobile apps, mixed game support, no verification hassle, and no Nevada-only limitation.
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Originally Posted by Gemaco
This why Ultimate Poker will be #2 in the world easily within a few months (if no other Nevada firms join in a dilute the player base).
Comparing the flow of money with Bovada (who admittedly is better then merge/lock) with Ultimate Poker is insane.
For the vast majority of us, the ONLY way to deposit on Bovada is to send some dude named Jose in the Philippines a western union that has extremely high fees.
For most of us, the only way to get a payout from Bovada is to wait for a check from Singapore, which could take two weeks to two months, then wait another month while our banks attempt to cash this international check .. all the while praying it doesn't bounce.
For ultimate poker if you want a cash-out you literally just drive to a station casino and money in hand....
ya, those sound about the same in difficulty
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Originally Posted by vegasdanes
Of course Bovada has more players, U.P. is only 2 days old lol. For Nevadans, U.P. is great because it's 100% legal. Funds are available in your hand within minutes. Even though Bovada has had good payouts in the last month or two, before that it didn't. It goes up and down with payout speeds and the months go bye. I stopped playing there specifically about a year ago because my cashout check took about 1.5 months to reach me, then it bounced. Then it took about 2 more months for them to send me a new one. That one cleared but overall that was almost 4 months to get it. So I switched to America's Cardroom and get my money every time in just 2-4 days via their ACR debit card I can use at any atm. However, Ultimate Poker is even faster for us Las Vegans because when we decide we want to cash out...we just drive 10 minutes to a casino and get it. Me likey.
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Originally Posted by BGnight
What are you talking about? I just deposited via CC on Bovada and got my last check in 10 days.
And how is UP going to be #2 in the world with a NV player pool? lol
It's going to be years before it's fully interstate and then who knows if it'll ever be international.
UltimatePoker certainly has big cashout edge in Nevada. It does not have any deposit edge, and I'm not sure why anyone would care that their WU deposit is going to the Philippines because Bovada covers the fees. Seals' bitcoin cashout method is much better than Bovada, as you can withdraw bitcoins in a couple hours and convert them into paypal, money in bank account, or cash with a local exchanger (although I am aware of plans for a B&M bitcoin exchange in Vegas).
My argument is that the easier cash withdrawls at UltimatePoker currently have HUGE downsides because the competition already has mobile apps, mixed game support, no verification hassle, no Nevada-only limitation, and way more players. Therefore UP will have to rely on advertising.