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Playthrough Playthrough

08-04-2019 , 01:10 PM
Quote:
Originally Posted by a dewd
They were on VGW.co website, have to look or wait for me get links later.

Why they are not paying? I don't know and it is a good question. There are two sides to every story. With that said, randomly assigning playthrough levels without giving the player upfront notice is, at best, grimy and possibly a violation of US sweepstakes laws.
Ok I went to their website and looked at their financials. As it happens I cofounded and ran a profitable public technology company that traded on Canada's senior the exchange the Toronto Stock Exchange for almost twenty years.

Note worthy is that in 2017 they actually had negative equity which is considered insolvent. In 2018 they turned it around throwing off positive cash flow and at least showed positive equity by the end of year. However, they still have negative working capital that means as of year end 2018 their current liabilities were greater than their current assets.

The reduced traffic on the poker site was noticeable after Paypal terminated their arrangement with them. That could have well impacted their financial performance this year and thrown the company back into insolvency.

Here is the link to the most recent financials I could find.
https://vgw.co/wp-content/uploads/20...rt-17Apr19.pdf
08-04-2019 , 01:22 PM
The loss in traffic is most likely due to the loss of the speed and convenience of using PayPal and the deceptive way they rolled out the swap. Outright lying that they added options to the cashier when it was clearly a swap. For all the good they do, some of the marketing decisions have been horrific, like that one.
08-05-2019 , 10:24 AM
Quote:
Originally Posted by a dewd
Sent you a PM

20x is absurd, period, whether or not it is in their TOS. It also seems like exercising arbitrary rules which appears to violate sweepstakes laws. I have the contact information for their US attorney and he specializes in Sweepstakes Law. I'll PM it to you in a little while. If it's a decent amount of money, then obviously worth your while to hire a local attorney in the US.

Lost as to why Kimbr has not responded, she has been pretty good in the past. I'll have that info for you within an hour.

There really should be an explanation, not "it's in our TOS", as to such random widespread rules.
Thank you very much, and I completely concur. I will message you shortly.
08-05-2019 , 10:27 AM
So just got an update to my email. Not only won't they budge, but the playthrough requirement became retroactive (even though my playthrough of millions is not), and I must play through the entire balance on the account 20x to even redeem any of it, and so my request for a $300 redemption was denied, even though I have played through over $6k. Pathetic. And, still no word on why I was banned, and no word on my pending Chumba Casino cashout that has been pending for weeks. Fantastic.
08-05-2019 , 10:44 AM
Quote:
Originally Posted by a dewd
The loss in traffic is most likely due to the loss of the speed and convenience of using PayPal and the deceptive way they rolled out the swap. Outright lying that they added options to the cashier when it was clearly a swap. For all the good they do, some of the marketing decisions have been horrific, like that one.
Also, it dropped off massively once I cut back my hours significantly. By paying rake and starting games, myself, I made them 7 figs in rake, easily.
08-05-2019 , 11:21 AM
Quote:
Originally Posted by jaredpoker
So just got an update to my email. Not only won't they budge, but the playthrough requirement became retroactive (even though my playthrough of millions is not), and I must play through the entire balance on the account 20x to even redeem any of it, and so my request for a $300 redemption was denied, even though I have played through over $6k. Pathetic. And, still no word on why I was banned, and no word on my pending Chumba Casino cashout that has been pending for weeks. Fantastic.
I believe the TOS specifically says up to 20* buy in, not account balance. So this is unequivocally tantamount to fraud.
08-05-2019 , 12:06 PM
Quote:
Originally Posted by jaredpoker
So just got an update to my email. Not only won't they budge, but the playthrough requirement became retroactive (even though my playthrough of millions is not), and I must play through the entire balance on the account 20x to even redeem any of it, and so my request for a $300 redemption was denied, even though I have played through over $6k. Pathetic. And, still no word on why I was banned, and no word on my pending Chumba Casino cashout that has been pending for weeks. Fantastic.
Sounds like an odd situation. Do you have screenshots of these emails? Also have you considered contacting an "American Arbitration Association", which is listed in their T&C as the only way they will mediate disputes?
08-05-2019 , 04:18 PM
Looks like they just don't want to let Jared cash out.
08-06-2019 , 04:07 AM
what stakes are you playing ? also whats the reason for non payment ? have they given a response or date you should be payed? can you post any emails? how can you be the best when im the best?????????
08-06-2019 , 07:41 AM
You lost credibility once you called him globals "best player" but I'd like to hear the other site of this story. Hopefully they respond.
08-06-2019 , 08:04 AM
Quote:
Originally Posted by TakeNotesPlease
You lost credibility once you called him globals "best player" but I'd like to hear the other site of this story. Hopefully they respond.
Here are his results.
https://www.sharkscope.com/#Player-S...ers/jaredpoker
Here is the relevant thread
https://forumserver.twoplustwo.com/n...ply&p=55331962

You will not hear the other side of the story, there is no excuse.
08-06-2019 , 09:53 AM
Jared is a strong winning player, but not "the best player on global" LUL. I realize the whole it's an attempt to force winning players away thing is just a grasp at straws trying to get some answers, but seriously, if that was Global's motivations there are better players/bigger winners who would have had problems either first, or along with Jared. That's why TakeNotes said you lose credibility saying this, especially repeating it over and over.

That being said, this is certainly a serious issue. If the policy is 20x, then Global should be able to quantify this specifically for Jared. Here's the 20x amount to play through on, for this deposit amount on this date, and here's what you've played through so far. Global being unresponsive on this matter is not a good look. Of course they are not going to respond here publicly with any details of his account, but they should be responding privately. I hope this gets resolved in short order... if not allowing his cash outs, at least defining for him specifically what more is required.
08-06-2019 , 10:05 AM
Quote:
Originally Posted by glutenfree
Jared is a strong winning player, but not "the best player on global" LUL. I realize the whole it's an attempt to force winning players away thing is just a grasp at straws trying to get some answers, but seriously, if that was Global's motivations there are better players/bigger winners who would have had problems either first, or along with Jared. That's why TakeNotes said you lose credibility saying this, especially repeating it over and over.

That being said, this is certainly a serious issue. If the policy is 20x, then Global should be able to quantify this specifically for Jared. Here's the 20x amount to play through on, for this deposit amount on this date, and here's what you've played through so far. Global being unresponsive on this matter is not a good look. Of course they are not going to respond here publicly with any details of his account, but they should be responding privately. I hope this gets resolved in short order... if not allowing his cash outs, at least defining for him specifically what more is required.
Thank you for that information, I mispoke and perhaps should have said "among the strongest players". Sharkscope gives him an "85" rating and I was not aware of anyone on Global rated higher than that.
Jaredpoker's story as per his thread "playthrough" is very disturbing.
08-06-2019 , 11:08 AM
Quote:
Originally Posted by badbeat2000
Thank you for that information, I mispoke and perhaps should have said "among the strongest players". Sharkscope gives him an "85" rating and I was not aware of anyone on Global rated higher than that.
Fair enough. Here's 4 I pulled up off the top of my head. There are others, not meant to slight any crushers here... just the first 4 that came to mind.

[url=https://imgbb.com/]
08-06-2019 , 06:36 PM
Two sides to every story. What is missing?
08-06-2019 , 08:47 PM
Quote:
Originally Posted by BoozedUpGambler
Two sides to every story. What is missing?
There's only one side to this story because Global is pretending the issue doesn't exist.
08-07-2019 , 01:51 AM
Quote:
Originally Posted by glutenfree
Fair enough. Here's 4 I pulled up off the top of my head. There are others, not meant to slight any crushers here... just the first 4 that came to mind.

[url=https://imgbb.com/]
The real question we should be asking is how is Seanell rated higher than me? !rigged
08-07-2019 , 10:38 PM
Quote:
Originally Posted by glutenfree
Fair enough. Here's 4 I pulled up off the top of my head. There are others, not meant to slight any crushers here... just the first 4 that came to mind.

[url=https://imgbb.com/]
Jared is definitley better then all them. I think my roi is over 500% on global for mtts and sngs. I think its over 600%. I played a few thousand games. But the sample is tiny. i just got lucky sucking out on everyone. Thats how you win mtts. its not skill. A monkey can learn icm situations. You need 20k to 30k games to see what your real roi is. Nobody can sustain over 20% roi with mtts and sngs. Its not going to happen over the long run. This is a ridiculous comparison. They don't even have even close to his volume combined. Their sample is to tiny. All the games hes played and showing a profit he has way more experience and skill then them.
08-08-2019 , 08:17 AM
Will have update that I can share within a few days.
08-08-2019 , 11:48 AM
Quote:
Originally Posted by iburydoscocaroaches
This is a ridiculous comparison.
Thanks for your input, the comparison seems on point to me:

Quote:
Originally Posted by badbeat2000
Sharkscope gives him an "85" rating and I was not aware of anyone on Global rated higher than that.
08-09-2019 , 01:13 AM
Quote:
Originally Posted by jaredpoker
Will have update that I can share within a few days.
Hoping for good news!
08-12-2019 , 02:02 PM
Quote:
Originally Posted by jaredpoker
So, out of nowhere, I received an email today regarding my cashout request. It says that I have not played my cashout through... for 20x. While I understand the rules dictate that they could make the playthrough 1-20x, this is the first time ever, that I am aware of, that someone has been made to play it through more than once. To the best of my knowledge, this is not industry, nor site, standard, and I’m at a loss for words. I cannot understand why they did this, and in quoting the amount needed to playthrough, their email to me went further, and stated a number to playthrough that is approximately 30 times my requested cashout.

This is especially frustrating for several reasons. While I haven’t been playing as much recently as I would like, I’ve had some important things going on irl that have hampered my ability to play. However, I was, for a long time, the highest volume SNG player on the site, and I’ve bought in, and given to rake, 7-figures and 6-figures, respectively, since joining the site. And, this is on top of randomly being banned for almost a week and a half, earlier this summer, for which I was never even given a reason. I presume nobody else is being asked to play through 20x, though, though feel free to post if you are. I’m becoming a bit frustrated with GP, considering all I’ve put in and devoted, with getting banned seemingly randomly, and being given hoops to jump through. If possible, if a rep could help me, I would very much appreciate it. I will post here if, and when, the issue is resolved.
So I have an update to make. I had what I believe to be a substantive chat with the reps, and my playthrough requirement will be changed back to 1x, and my current cashouts will be processed shortly (I will update here when that occurs). They definitely heard me out, and we had a frank conversation. For now (and going forward indefinitely) all should be back to normal, and I’ll be hopping on site once I have some more free time. I very much appreciate the professionalism the reps embodied. I will update again if there is anything more to add. Please disregard some of the comments I made out of anger, lol.
08-12-2019 , 05:28 PM
Quote:
Originally Posted by jaredpoker
So I have an update to make. I had what I believe to be a substantive chat with the reps, and my playthrough requirement will be changed back to 1x, and my current cashouts will be processed shortly (I will update here when that occurs). They definitely heard me out, and we had a frank conversation. For now (and going forward indefinitely) all should be back to normal, and I’ll be hopping on site once I have some more free time. I very much appreciate the professionalism the reps embodied. I will update again if there is anything more to add. Please disregard some of the comments I made out of anger, lol.
good to hear man
08-12-2019 , 05:58 PM
Quote:
Originally Posted by jaredpoker
So I have an update to make. I had what I believe to be a substantive chat with the reps, and my playthrough requirement will be changed back to 1x, and my current cashouts will be processed shortly (I will update here when that occurs). They definitely heard me out, and we had a frank conversation. For now (and going forward indefinitely) all should be back to normal, and I’ll be hopping on site once I have some more free time. I very much appreciate the professionalism the reps embodied. I will update again if there is anything more to add. Please disregard some of the comments I made out of anger, lol.
What I don't understand is
1) Why did they screw around in the first place and keep changing the cash out rules on you?
2) Some here define playthrough as amount wagered versus rake generated. Which is correct?
3) Can we expect when we win significant money they will only payout after they are publicly embarrassed?
4)Why would any player trust them after what you went through for the simple pleasure of getting cashed out?
08-12-2019 , 06:05 PM
Quote:
Originally Posted by jaredpoker
So I have an update to make. I had what I believe to be a substantive chat with the reps, and my playthrough requirement will be changed back to 1x, and my current cashouts will be processed shortly (I will update here when that occurs). They definitely heard me out, and we had a frank conversation. For now (and going forward indefinitely) all should be back to normal, and I’ll be hopping on site once I have some more free time. I very much appreciate the professionalism the reps embodied. I will update again if there is anything more to add. Please disregard some of the comments I made out of anger, lol.
Glad that this mess is being favorably resolved.

      
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