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*** Official Gold Coin Purchase Thread *** *** Official Gold Coin Purchase Thread ***

06-12-2018 , 12:05 PM
Quote:
Originally Posted by matt hirschhorn
Very interesting read on paypals history, http://www.screw-paypal.com/history.html

It seems like the investors of Paypal were very libertarian, dewd? It seems to be legal through this loophole, is it possible that paypal did not like this and told GP to find someone else for your transactions?
Lol, screw-paypal website. They can be ruthless. Read the history of Louise Pentland, their chief legal officer. She gets paid what she does because she makes rabid pitbulls run for cover.

I was in the IPO, pretty much every IPO in those days. Good memories.
06-12-2018 , 12:14 PM
Meh. Will get Ignition or BOL on stand-by just in case.
06-12-2018 , 12:22 PM
Quote:
Originally Posted by matt hirschhorn
.....It seems to be legal through this loophole, is it possible that paypal did not like this and told GP to find someone else for your transactions?

Didn't notice the question at first, too busy admiring someone that spent time to create a screw PayPal website, good stuff.

Anyway, my experience has been, firsthand and from other business accounts, when PayPal has had it with your ****, they gave no warning, chance, etc... They issue their decree and the inconvenience is all yours/ours. Anything is possible, but I would think that Global would move people almost immediately if that were the case. I also don't see them giving any heads up on so.ething like that if there was bad news, sadly.
06-12-2018 , 12:56 PM
Still irate.

In the mean time, can we confirm something from readers here?

1) Does anyone still have paypal as the deposit method to purchase gold coins? Just go into the cashier and look. (Verifying some accounts were truly selected and not everyone changed while the email just says it was only some)

2) Cash out requests on "selected accounts" are still going to paypal?

I was selected, I don't make a logical choice though as I'm not a frequent depositor. I guess I will be testing the cash out part of that question though.
06-12-2018 , 01:08 PM
Quote:
Originally Posted by glutenfree
Still irate.

In the mean time, can we confirm something from readers here?

1) Does anyone still have paypal as the deposit method to purchase gold coins? Just go into the cashier and look. (Verifying some accounts were truly selected and not everyone changed while the email just says it was only some)

2) Cash out requests on "selected accounts" are still going to paypal?

I was selected, I don't make a logical choice though as I'm not a frequent depositor. I guess I will be testing the cash out part of that question though.
Looks like Paypal is still a deposit option for me.
06-12-2018 , 01:21 PM
I can still deposit via paypal.
06-12-2018 , 01:21 PM
I also just pulled all but $1k off the site.
06-12-2018 , 01:24 PM
Quote:
Originally Posted by glutenfree
Still irate.

In the mean time, can we confirm something from readers here?

1) Does anyone still have paypal as the deposit method to purchase gold coins? Just go into the cashier and look. (Verifying some accounts were truly selected and not everyone changed while the email just says it was only some)

2) Cash out requests on "selected accounts" are still going to paypal?

I was selected, I don't make a logical choice though as I'm not a frequent depositor. I guess I will be testing the cash out part of that question though.
WorldPay is my only option. Global can go **** themselves at this point. Idiotic way of doing things. I referred a lot of people in and I will let them know I'm done until they un**** the cashier bull****.

No announcement, no option or opt-out ability, just some faux bull**** congratulations of being assigned some dip**** crash dummy test. Get your ****ing head outta your ass. Jesus, what a stupid thing to do to a happy player base.
06-12-2018 , 02:13 PM
Thanks for the confirmations owl and boozedup... seems some of us were indeed singled out without our knowledge or permission to be uncompensated and in fact punished beta testers. WP Global, WP.

Quote:
Originally Posted by a dewd
WorldPay is my only option. Global can go **** themselves at this point. Idiotic way of doing things. I referred a lot of people in and I will let them know I'm done until they un**** the cashier bull****.

No announcement, no option or opt-out ability, just some faux bull**** congratulations of being assigned some dip**** crash dummy test. Get your ****ing head outta your ass. Jesus, what a stupid thing to do to a happy player base.
Can't argue with any of this. The lack of business sense from a company that should posses a lot of it is just a bit mind boggling.

BTW @Global, had you ASKED me to beta test this I would have willingly volunteered. Now I'm angry, shocked, disappointed. Brilliant.
06-12-2018 , 02:21 PM
I’m sure for now I’ll get all the standard flaming for this, but in 8-12 months people will read this and have to admit it was startling accurate:

PayPal and Facebook didn’t quite realize what they were getting into with Global Poker. They’d done due diligence ok VGW’s Chumba product and, when explained that Global was the “same model, but for poker” they rubberstamped it. Now as of late PayPal has figured out that because of the nuances between slots and poker, it will be SUPER easy for the DOJ to prove and win judgement that Global is a real money online gambling site, if they ever choose to pursue that attack. IF this happens PayPal realizes it would be charged with violating the UIGEA to the tune of 10s, or 100s, of millions of dollars in illegal online gambling transactions. Make no mistake: If the DOJ wanted to to, this could severely damage PayPal and many in the company could face charges.
PayPal should be smart enough to know that instantly quitting Global and leaving them no way to pay players would result in higher public visibility and therefore increase the likelihood of government scrutiny —most of the player pool found out about Global through social media and deposited in the first place “because PayPal works it must be legit, so when they have a problem getting their money they would cry to the rafters on Facebook immediately. So in this case, it’s in PayPal’s best interest to give Global a sunset period on processing to allow Global to get more processors lined up, Vs abruptly cutting them off. They may also find it in their best interest to do one off processing batches in the future if Globals 3rd Party agents fall through. Keep in mind that “PayPal” as a whole doesn’t necessarily have 10 foot ceiling visibility to all this: it could be that a very small circle or team of people within PayPal are responsible for the Globa account/relationship and it would be in that teams best interest to keep it from escalating to higher visibility within their own company. If that’s the case they also would want a rational reason why they “lost” an account paying that much in fees—when in reality they actually cut the account off in an effort at legal damage control.

How Global is different from Chumba:
Chumba: people pay cash for gold coins. They get gold coins and sweeps.
They play slots with either or both. The sweeps they win on the latter can be cashed out for real money.
How VGA makes money: the “rake” is built into the slots payout odds which are unknown, unpublished, and unregulated. It’s invisible and there’s really no way to observe it or prove it.
One other thing: the player type that deposits real money to play online slots likely also plays their gold coins when their sweeps account is busted. So VgW should be able to show a high crossover in Gold Coins Vs sweeps play which supports the notion that they make their money selling gold coins

Global: the rake is visible as a separate portion taken from each sweeps pot or tourney buyin. Technically, the site is literally awarding itself prizes here.
Also, there is very little crossover play between the real money and play money players, and almost all that does exist is in the form of the 200flops seen at play money to play the weekend challenge (that, btw is the reason that 1k GCLB challenge exists: so Global can point out that their best sweeps tourney players “all play gold coin games too”)

Someone who doesn’t understand gambling nuances and did due diligence on Chumba could have given it the loophole the thumbs up as “technically legit, we can do the deal.” If Global is then brought to the same team who vetted Chumba they could very easily have rubber stamped it and not realized the problems those few small nuances could create down the road.

On any grey area USA facing poker site, there will be a non zero number of unethical losing players who get mad and dispute the charges with their bank/PayPal. When this happens with the new processor(s), the banks will start blocking the processors they receive multiple disputes from bc they will quickly be labeled as “wrong-coding” payments to trick the banks into processing the illegal (UIGEA) transactions, this putting the banks’ charters at risk.
These banks also may take it a step further and ban/terminate players’ accounts with them and even worst may report your accounts for suspicion of money laundering, which would see your funds frozen and you’d have to prove what you were doing. To the ones of you not paying taxes on your winnings, it’s even more bad news bc once you prove you weren’t money laundering you’re going to be visible to the IRS.

Anyway, for a while it will be a cat and mouse /whack a mole game with banks and processors and you’ll continue to get paid but it may take longer. You’ll also be able to deposit and what will be happening sometimes is the site will credit your deposit but if it doesn’t debit from your account bc bank whacked that processor they will (rightfully) demand you submit the funds from the uncharged deposit before paying you out.
All of this has happened before

And yes obviously the reason Global has its stupid soft player pool is bc Facebook fish think “it must be legit, bc I can pay with PayPal” so losing the PayPal option will significantly hamper that aspect.

Cliffs: the sky IS falling at Global.
I’m personally glad. They are scumbags and don’t deserve to be in business
06-12-2018 , 02:29 PM
Quote:
Originally Posted by glutenfree
Still irate.

In the mean time, can we confirm something from readers here?

1) Does anyone still have paypal as the deposit method to purchase gold coins? Just go into the cashier and look. (Verifying some accounts were truly selected and not everyone changed while the email just says it was only some)

2) Cash out requests on "selected accounts" are still going to paypal?

I was selected, I don't make a logical choice though as I'm not a frequent depositor. I guess I will be testing the cash out part of that question though.
I did withdrawal 2 days ago and its going through paypal.
06-12-2018 , 02:38 PM
With paypal no more - how do I cashout??
06-12-2018 , 02:38 PM
Quote:
Originally Posted by AmAtEuR_backwards
I’m sure for now I’ll get all the standard flaming for this, but in 8-12 months people will read this and have to admit it was startling accurate:

PayPal and Facebook didn’t quite realize what they were getting into with Global Poker. They’d done due diligence ok VGW’s Chumba product and, when explained that Global was the “same model, but for poker” they rubberstamped it. Now as of late PayPal has figured out that because of the nuances between slots and poker, it will be SUPER easy for the DOJ to prove and win judgement that Global is a real money online gambling site, if they ever choose to pursue that attack. IF this happens PayPal realizes it would be charged with violating the UIGEA to the tune of 10s, or 100s, of millions of dollars in illegal online gambling transactions. Make no mistake: If the DOJ wanted to to, this could severely damage PayPal and many in the company could face charges.
PayPal should be smart enough to know that instantly quitting Global and leaving them no way to pay players would result in higher public visibility and therefore increase the likelihood of government scrutiny —most of the player pool found out about Global through social media and deposited in the first place “because PayPal works it must be legit, so when they have a problem getting their money they would cry to the rafters on Facebook immediately. So in this case, it’s in PayPal’s best interest to give Global a sunset period on processing to allow Global to get more processors lined up, Vs abruptly cutting them off. They may also find it in their best interest to do one off processing batches in the future if Globals 3rd Party agents fall through. Keep in mind that “PayPal” as a whole doesn’t necessarily have 10 foot ceiling visibility to all this: it could be that a very small circle or team of people within PayPal are responsible for the Globa account/relationship and it would be in that teams best interest to keep it from escalating to higher visibility within their own company. If that’s the case they also would want a rational reason why they “lost” an account paying that much in fees—when in reality they actually cut the account off in an effort at legal damage control.

How Global is different from Chumba:
Chumba: people pay cash for gold coins. They get gold coins and sweeps.
They play slots with either or both. The sweeps they win on the latter can be cashed out for real money.
How VGA makes money: the “rake” is built into the slots payout odds which are unknown, unpublished, and unregulated. It’s invisible and there’s really no way to observe it or prove it.
One other thing: the player type that deposits real money to play online slots likely also plays their gold coins when their sweeps account is busted. So VgW should be able to show a high crossover in Gold Coins Vs sweeps play which supports the notion that they make their money selling gold coins

Global: the rake is visible as a separate portion taken from each sweeps pot or tourney buyin. Technically, the site is literally awarding itself prizes here.
Also, there is very little crossover play between the real money and play money players, and almost all that does exist is in the form of the 200flops seen at play money to play the weekend challenge (that, btw is the reason that 1k GCLB challenge exists: so Global can point out that their best sweeps tourney players “all play gold coin games too”)

Someone who doesn’t understand gambling nuances and did due diligence on Chumba could have given it the loophole the thumbs up as “technically legit, we can do the deal.” If Global is then brought to the same team who vetted Chumba they could very easily have rubber stamped it and not realized the problems those few small nuances could create down the road.

On any grey area USA facing poker site, there will be a non zero number of unethical losing players who get mad and dispute the charges with their bank/PayPal. When this happens with the new processor(s), the banks will start blocking the processors they receive multiple disputes from bc they will quickly be labeled as “wrong-coding” payments to trick the banks into processing the illegal (UIGEA) transactions, this putting the banks’ charters at risk.
These banks also may take it a step further and ban/terminate players’ accounts with them and even worst may report your accounts for suspicion of money laundering, which would see your funds frozen and you’d have to prove what you were doing. To the ones of you not paying taxes on your winnings, it’s even more bad news bc once you prove you weren’t money laundering you’re going to be visible to the IRS.

Anyway, for a while it will be a cat and mouse /whack a mole game with banks and processors and you’ll continue to get paid but it may take longer. You’ll also be able to deposit and what will be happening sometimes is the site will credit your deposit but if it doesn’t debit from your account bc bank whacked that processor they will (rightfully) demand you submit the funds from the uncharged deposit before paying you out.
All of this has happened before

And yes obviously the reason Global has its stupid soft player pool is bc Facebook fish think “it must be legit, bc I can pay with PayPal” so losing the PayPal option will significantly hamper that aspect.

Cliffs: the sky IS falling at Global.
I’m personally glad. They are scumbags and don’t deserve to be in business
I dont agree with the "scumbag" part, incompetant yes, I dont want global to go out of business, its the only site I even care to play on, this paypal issue is the biggest hit to this site forsure, bugs were very annoying and frustrating but atleast the games are so good you can atleast deal with that.
06-12-2018 , 02:45 PM
Are you stating that you no longer have access to your Paypal account?

Are you stating that you were shutdown from use of Paypal by GlobalPoker and are on the "trial worldpay" thing?

Hard to answer your question without more info bro.
06-12-2018 , 02:45 PM
Quote:
Originally Posted by CubFan
With paypal no more - how do I cashout??

Who says there is no more paypal?
06-12-2018 , 02:52 PM
Quote:
Originally Posted by AmAtEuR_backwards
I’m sure for now I’ll get all the standard flaming for this, but in 8-12 months people will read this and have to admit it was startling accurate:

PayPal and Facebook didn’t quite realize what they were getting into with Global Poker. They’d done due diligence ok VGW’s Chumba product and, when explained that Global was the “same model, but for poker” they rubberstamped it. Now as of late PayPal has figured out that because of the nuances between slots and poker, it will be SUPER easy for the DOJ to prove and win judgement that Global is a real money online gambling site, if they ever choose to pursue that attack. IF this happens PayPal realizes it would be charged with violating the UIGEA to the tune of 10s, or 100s, of millions of dollars in illegal online gambling transactions. Make no mistake: If the DOJ wanted to to, this could severely damage PayPal and many in the company could face charges.
PayPal should be smart enough to know that instantly quitting Global and leaving them no way to pay players would result in higher public visibility and therefore increase the likelihood of government scrutiny —most of the player pool found out about Global through social media and deposited in the first place “because PayPal works it must be legit, so when they have a problem getting their money they would cry to the rafters on Facebook immediately. So in this case, it’s in PayPal’s best interest to give Global a sunset period on processing to allow Global to get more processors lined up, Vs abruptly cutting them off. They may also find it in their best interest to do one off processing batches in the future if Globals 3rd Party agents fall through. Keep in mind that “PayPal” as a whole doesn’t necessarily have 10 foot ceiling visibility to all this: it could be that a very small circle or team of people within PayPal are responsible for the Globa account/relationship and it would be in that teams best interest to keep it from escalating to higher visibility within their own company. If that’s the case they also would want a rational reason why they “lost” an account paying that much in fees—when in reality they actually cut the account off in an effort at legal damage control.

How Global is different from Chumba:
Chumba: people pay cash for gold coins. They get gold coins and sweeps.
They play slots with either or both. The sweeps they win on the latter can be cashed out for real money.
How VGA makes money: the “rake” is built into the slots payout odds which are unknown, unpublished, and unregulated. It’s invisible and there’s really no way to observe it or prove it.
One other thing: the player type that deposits real money to play online slots likely also plays their gold coins when their sweeps account is busted. So VgW should be able to show a high crossover in Gold Coins Vs sweeps play which supports the notion that they make their money selling gold coins

Global: the rake is visible as a separate portion taken from each sweeps pot or tourney buyin. Technically, the site is literally awarding itself prizes here.
Also, there is very little crossover play between the real money and play money players, and almost all that does exist is in the form of the 200flops seen at play money to play the weekend challenge (that, btw is the reason that 1k GCLB challenge exists: so Global can point out that their best sweeps tourney players “all play gold coin games too”)

Someone who doesn’t understand gambling nuances and did due diligence on Chumba could have given it the loophole the thumbs up as “technically legit, we can do the deal.” If Global is then brought to the same team who vetted Chumba they could very easily have rubber stamped it and not realized the problems those few small nuances could create down the road.

On any grey area USA facing poker site, there will be a non zero number of unethical losing players who get mad and dispute the charges with their bank/PayPal. When this happens with the new processor(s), the banks will start blocking the processors they receive multiple disputes from bc they will quickly be labeled as “wrong-coding” payments to trick the banks into processing the illegal (UIGEA) transactions, this putting the banks’ charters at risk.
These banks also may take it a step further and ban/terminate players’ accounts with them and even worst may report your accounts for suspicion of money laundering, which would see your funds frozen and you’d have to prove what you were doing. To the ones of you not paying taxes on your winnings, it’s even more bad news bc once you prove you weren’t money laundering you’re going to be visible to the IRS.

Anyway, for a while it will be a cat and mouse /whack a mole game with banks and processors and you’ll continue to get paid but it may take longer. You’ll also be able to deposit and what will be happening sometimes is the site will credit your deposit but if it doesn’t debit from your account bc bank whacked that processor they will (rightfully) demand you submit the funds from the uncharged deposit before paying you out.
All of this has happened before

And yes obviously the reason Global has its stupid soft player pool is bc Facebook fish think “it must be legit, bc I can pay with PayPal” so losing the PayPal option will significantly hamper that aspect.

Cliffs: the sky IS falling at Global.
I’m personally glad. They are scumbags and don’t deserve to be in business
You have virtually no understanding of almost anything you wrote.

If for ****s and giggles/your inane argument, PayPal had no diea wtf they were doing and just found out. They would close all transactions on the spot. Instantly. They would not risk losing their ability to do banking, somehow, you were able to state that correctly.

When a bank has an issue, there is zero time to work their way out of it. It is done at that moment. If Chase Bank fell below net computation for minimum amount of cash on hand, they would be shut instantly.

Likewise, there are a total of zero credit cards companies in the US that authorize any merchant accounts without a full due diligence.

Impressive how you could write so much without being accurate or understanding what you were talking about.

This is really to be expected from someone that considers themselves to be the best option player on Global, almost an entire 9K of it, too. Before you get boisterous and try to attempt a witty comeback, I'm in the banking industry and you are lost as to how it works.
06-12-2018 , 03:27 PM
What do you mean? Have you received notice from Global saying there is no more PayPal?

Joey, can you you weigh in?
06-12-2018 , 03:34 PM
This is a ridiculous way to handle customers. Will take my action elsewhere again. Should’ve done this after the rake fiasco anyway.
06-12-2018 , 03:36 PM
How does Ignition generally compare to the current games at Global? I'm considering checking out alternatives as well, and like the more live feel of a HUD-free environment.
06-12-2018 , 04:03 PM
Has anyone got a cashout from worldpay yet?is there a cashout out or deposit fee with worldpay?
06-12-2018 , 04:04 PM
Haven't received email. My Global account appears to be unchanged. Fwiw I only use the 5k deposit option and won't do cashouts unless its a similar amount or more.
06-12-2018 , 04:15 PM
Quote:
Originally Posted by glutenfree
Still irate.

In the mean time, can we confirm something from readers here?

1) Does anyone still have paypal as the deposit method to purchase gold coins? Just go into the cashier and look. (Verifying some accounts were truly selected and not everyone changed while the email just says it was only some)

2) Cash out requests on "selected accounts" are still going to paypal?

I was selected, I don't make a logical choice though as I'm not a frequent depositor. I guess I will be testing the cash out part of that question though.
I have used the deposit option literally once and that was almost on like the 1st day when I opened an account with them almost a year ago. I have also used the withdrawal option no more than 10 times total. So I"m not sure what I can help them test. Everything is NOT all right at Global IMO. Huge red flag if you ask me. Hope I'm wrong.
06-12-2018 , 08:11 PM
I received an email this morning with this statement in it: "You have been selected to try this new feature and from now on you will only be able to make purchases through Mastercard or Visa."

I can not deposit through paypal at all. I was not given an option. I can only use worldpay now.

Well, I do have the option to not play on global at all anymore.
06-12-2018 , 08:24 PM
Ugh. I got my email this morning. I just checked and I have no option to use PayPal anymore.
I've been playing on Global since Jan of last year. Hell, I started the cash-out thread.
I played on Global only because of the ease of moving money through PayPal. I'm no poker expert. I deposit, win, cashout, lose, deposit, lose, deposit, win, cashout, lose, deposit...
For me, no paypal = no global poker. Suggestions on my new site are appreciated. Just that Global would operate this way at all is enough reason for everyone that knows to move elsewhere.
06-12-2018 , 08:37 PM
Didnt global used to have a banner on the website that said something like "the only site that u can withdraw your winnings with paypal" or something of the like?

Its no surprise people are upset. I know for me personally the reason I even used this site over the other sites had alot to do with the fact I could use paypal with it. I was ok with the high rake no rewards due to the player pool being softer and paypal. Well the games have gotten more regs as time goes on and now you decide to just overnight take away paypal with some BS "you've been selected to try a new feature" like I'm lucky or something. Don't try to spin this like its some positive thing I dont want to be part of a beta test.

Regardless you should allow everyone to get in one last WD through paypal if this is a change thats going through to a "beta test". If you're adding a new method +paypal thats great and you guys are completely going wrong about it by taking away options of some players accounts. You should offer a free bonus for those beta test the new option. You've made enough in rake from me to be able to afford giving bonuses for many many players.

      
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