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cash out fees cash out fees

02-11-2013 , 05:09 PM
I never opened the withdrawl page on lock but i did today and noticed that there was a 10% fee for western union and 25$ fee for a paper check. What how is this service taxed?? What's the point of paying rake then getting feed on top of it to get your<<< money. This needs to change
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02-11-2013 , 05:47 PM
They are charging you for their service, their keeping your money safe, that's how it works same with banks...
Both the 10% fee and the 25$ look exagerated to me, are you sure of that?
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02-11-2013 , 05:54 PM
yes i'm positive, and we pay rake for that service. Its there responsibility as a gambling institution to keep our money safe. This would be the same exact thing as a casino charging you 25$ to turn your chips into cash, you would look at them a bit confused wouldn't you?
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02-11-2013 , 06:33 PM
Quote:
Originally Posted by snowmen8883
This would be the same exact thing as a casino charging you 25$ to turn your chips into cash, you would look at them a bit confused wouldn't you?
If the casino had to use third parties to accept your cash for chips in the first place, and then third parties to return your cash to you when you gave back their chips, you might have a good analogy here.

Payment processing costs money, for deposits and withdrawals, and it seems most US facing sites have decided to pass that cost on to winning players (or at least players who cash out). It sucks, but that's the state of things right now.
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02-11-2013 , 06:39 PM
thats a good point, but again we pay rake for these services. It will never get changed if no one speaks up
cash out fees Quote
02-11-2013 , 06:40 PM
Quote:
Originally Posted by snowmen8883
yes i'm positive, and we pay rake for that service. Its there responsibility as a gambling institution to keep our money safe. This would be the same exact thing as a casino charging you 25$ to turn your chips into cash, you would look at them a bit confused wouldn't you?
Lock and responsibility lol
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02-11-2013 , 08:19 PM
Quote:
Originally Posted by snowmen8883
thats a good point, but again we pay rake for these services. It will never get changed if no one speaks up
As otatop started to touch upon, if you want to speak up, speak up to the politicians that created UIGEA, they are the ones responsible for making it so expensive for sites to do transactions with American players. The sites are just passing some of those fees along to the consumer which unfortunately is standard.

Check out the legislative forum and join others in trying to push for a poker friendly IG bill.
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