I just deposited last week, but I'm thinking of cashing out. I've read far too many posts like this one. It's bad enough that RPM doesn't have a free method of making a withdrawal. I think the $15 check charge is the cheapest method, and that seems a bit like hidden rake to me.

I have a laser printer and full-sheet business checks, and I'm capable of printing a check in less than one minute. Putting it in the envelope, licking the stamp and dropping it into the mailbox take another 1-2 minutes. So WTF with these month-long delays???????????????????????????? Their accounts are computerized, and moving money is their business. How in the ****ing world could it take so ****ing long to return money that takes them 15 minutes to receive?

three letters: DOJ

very informative and useful post.

must be why you have 6,000 plus posts

The fee is probably there to prevent players from cashing out every time they have an extra $53.36 in their account. It encourages people to keep money on the site and for people to withdraw less frequently. It's probably a bigger headache for the site AND their player base to have to keep track of more transactions than necessary.

And are you really comparing your personal business checks to trying to process hundreds (if not thousands) of checks for millions of dollars in a legally grey industry?

Come on guy.

I've been wondering why we can't come up with something to use remote-deposit apps when we get checks.. take a pic of the check send it to me, i photoshop my sig on the back and use the app to send to bank.. cut out all the processing and shipping time..

I'm probably falling for a level, but I can't help myself.

Do you really think it's a easy as printing up a check and mailing it? Did you jsut wake up from a 4 year coma?

I have heard that there are some banks where you can scan a copy of a check from your home and deposit it online without actually bringing the physical check to the bank. I do not know if my description is accurate.

Is this what you are talking about?

Sorry I'm way too tired/tilted to read this thread. Is it safe to put money on RPM Poker? I'm down to trade BoA for like $500-$1K on RPM.

PM ME!

1. Agreed about the small withdrawals. So they can institute a fee for withdrawals under a certain threshold and let the bigger fish cash out without a stupid and unjustified fee.

2. Maybe my analogy is not apt, but there is no good reason for taking a month to print and mail a check, especially when the process is most likely 95-100% computerized. If I was being paid 5% of all action, I'd hire enough people to make the trains run on time.

FYP. No, you're right. A month for every withdrawal seems appropriate. Hell, if it's over $1,000 let's make it two months. No level, my friend. Like I said above, my analogy may not be apt, but are you defending the outrageous delays in getting people paid? Should I feel safe putting my money on a site that is able to process deposits in 15 minutes but takes a month or more to process withdrawals? Does it take a month to verify that the computerized accounting is correct? If my position makes me a coma victim, I'll take my money and go back to sleep.

I hate the thought of government control of internet poker, which will likely lead to a U.S. only pool of players or, more likely, much smaller pools of players on a state-by-state basis. But at least we will be able to feel safe that our funds are segregated and that we're going to get them back. I want to make bets on my poker hands, not on whether I'll get repaid.

1) there are very few processors willing to make poker transactions
2) they know their processing is shady/there is a need, thus the charge the site out the ass.
3) they know they will eventually get shut down, which means they HAVE to charge fees
4) the check is costing Merge more than $15, the processor's cut, bank fees of shipping money from Merge-->Processor bank, paying the delivery service. It is not a "hidden rake," they are doing you a favor only charging you $15
5) there are processing limits so they attract less attention, the sites don't take 3 weeks to cut you a check b/c they want to be slow, it's b/c they HAVE to be slow. Also, when the processor is guaranteed to get shut down in the near future, they want as little as money in that processing fund as possible.

again, three letters: DOJ

You make a very good point. I hadn't thought about the processors taking a piece or the complications of using middlemen. If I didn't want to keep my prior post intact so that yours would still make sense, I'd edit it to tone it down. Thanks for disagreeing in a respectful manner. I guess I'm just uptight about uncertainties of getting paid.

On Carbon Poker
Deposited via Chase Bank Visa Card on 5/15

Attempted to deposit today with same card, declined, tried another chase card, declined, tried yet another card and declined. 5/22

The joys of online poker being shut down...

from Lock thread

You guys have no right to complain about slow cashouts. It is perfectly reasonable and acceptable to pay $15 for a check and then wait over a month to get it. I am content with getting my money whenever they get around to giving it to me, so you should be too. It is probably your fault your cashout is taking so long anyway. I am going to repost this in other threads because my opinion is so comforting and valuable.

withdrew 800 on click2pay. put 400 on bodog and 5dimes figuring if i rolled it out 2x i could withdraw. nope they have a policy where u hafta withdraw through ur deposit method.. they say its laundering money(which it is but i still gave action) i had a plan to just bet the games at 50-50 ratio. lose the juice and withdraw. cmn carbon get a wu/moneygram option. charge like 150$ for a 2000$ withdrawal like bodog.. in these times i dont mind only getting 90% of my monies

The Merge Monopoly....

Another network needs to come along and provide better service. US players are dying for a site that is reliable.

Or at least a site that will communicate what is going on with us.

+1

Deposited onto Carbon Friday night via WU online. It took about 2 days for everything to go through. Seems like the cash transfer option is the easiest for US players since I had no success with UMW, Visa, or Click2Pay.

We should maybe open up a thread for this type of exchange, as I can see many people wanting to move money in and out this way with the long cashout times.

there is no talk of Paypal transfers allowed on this forum

please do, that would be awesome. its definitely the best option right now.

... How do people with 5k+ post not know that this is explicitly illegal?

How did you get Moneybookers onto your Withdrawl options?

I deposited via MB, but do not have it as an option. Support not replied to my emails.

- Yes it is reasonable to pay $15 for a service which is actually costing them a **** load more. It was $15 even when ppl joined, in fact it has always been $15 for check withdrawals.
- Do you even play on merge? Are you even waiting on a cashout/trying to cashout?
- Everyone who moved their play to Merge, realized that they would have to deal with MUCH longer wait times. So now they must deal with it.

I didn't do anything. I would have deposited with MB when I set up the account. It is my only withdrawal option.