Quote:
Originally Posted by GioCanHelp
I spoke with Chuck, PPNCEO about this and he has agreed to extend this to 60 days instead of 30. We do realize that as a growing poker network we have limited (but growing) liquidity. The extra 30 Days should help. We will update the TOS today to reflect that. The changes in the cashier have alread been done.
As to the play through, this is for the bonus dollars not the deposit.
"To convert the available Bonus to Real money, Player must generate 5 times the Bonus dollar amount in Rake. Releases of $5 from the total bonus will come when every $25 of the total in rake generation has been met.
Example: A $100.00 Bonus would require $500.00 in rake before a total withdrawal of those funds can be made. With $5.00 being released for every $25.00 in rake generated."
The loss of bonus $$ or winnings refered to in the TOS is when a player account is closed for any reason and hasn't completed the play through. We reserve the right to recover the bonus funds already paid.
Hope this clears it up...
Gio
No, you really answered very little of my questions. So let's start again.
Your TOS say:
"All deposits must be rolled over one time before any withdrawal requests are made.
If a withdrawal is made before the Terms & Conditions are met, all withdrawals as well as any money earned by wagering will be forfeited."
1. If I make a first deposit, do I have to play through the entire deposit before I can withdraw any winnings?
2. If I make a first deposit, do I have to play through the entire deposit before I can withdraw any of my deposit balance?
3. If I withdraw any portion of my account balance before playing through the entire deposit, do I lose any winnings?
4. If I withdraw any portion of my account balance before playing through my entire first deposit, do I lose any bonus money I already earned?
5. If I withdraw any portion of my account balance before playing through the entire first deposit, do I lose my original deposit amount as well?
Your TOS say:
Quote:
When a player receives a Cash Bonus he must meet all the attached requirements prior to requesting a withdrawal. The requirements are attached to varying, specific promotional offers and cannot be changed. The player has 30 days from the issuance of said bonuses to meet the attached requirement. Players are required to have fulfilled all requirements prior to any requested withdrawal. If a player requests a withdrawal prior to completing the requirement, only his original deposit less any sustained net losses will be returned.
6. Do I lose any amount of a first deposit bonus that I have already released in the $5 increments if I don't complete releasing all of it by the end of the 30 dayes (or 60 days now as you say)?
7. If I decide to make a withdrawal before the 30 days (or 60 days now as you say) is up, do I lose any of the bonus money that I have already released in the $5 increments?
8. If I decide to make a withdrawal before the 30 days (or 60 days now as you say) is up, do I lose any winnings that I have earned?
Strictly by reading the TOS, I would have to assume these answers:
1. Yes.
2. Yes.
3. Yes.
4. Yes.
5. Yes.
6. Yes.
7. Yes.
8. Yes.
If your actual answer to any of these questions is "No", you will need to change your TOS accordingly before I would consider making a deposit.