Was going to deposit on Cake....but not so much now after hearing this.

You were right about that. I didn't realize you were referring to yourself and the other clueless bashers though.

didnt read the whole thread but anytime ive seen instances where 'fraudulent funds' (like a hacked account) were lost to legitimate players, ftp/stars/etc response has always said something like , "sorry your funds were lost to legitimate players and cannot be refunded) ... im guessing everyone at cake poker office got a nice bonus for the day. Seriously sportsbook/cake is and always has been the shadiest company ever.

So.....Where are all of the apologies to Limit Boss from all of the people calling him names and accusing him of lying/cheating?

This is so sick, hope you get your money back and that everyone quits playing on cake!

1) lol @ crackback

2) Cake obviously sees no opportunity in the current online poker climate and doesn't want US customers. Genius business model.

3) Is there a new "MicroBob" flavor of Haterade this week? You all be thirsty!

Do not deposit on Cake Poker until they respond itt

Quote if u agree

this is not youtube "thumbs up if you agree"

Cake most have already lost confidence in you, but you are heading into the territory of being considered a rogue site.



imo

now it is

like

Agreed.

I did enjoy how the latter part of the thread turned into an attempt to rag on Bob, tho.

Hope they get back to you soon, OP. This **** is seriously ****ed up.

This was funny too, congrats and hf on the honeymoon Bob.

Forgive me if this has already been addressed, but I stopped at this post to respond to it before continuing through the thread.

This is not a fair comparison, as in your example it is a deal only between you and the other person. Obviously there is no company or anything of the such to shoulder any of the responsibility for the transaction.

A fair comparison would be if you purchased the vehicle from Carmax. I think we can all agree when you purchase from a Company or establishment you feel more secure in the transaction, and that something like the car being stolen is Carmax's responsibility to determine before selling it to you. If one were to buy a car from Carmax at an amazing deal, then get it taken away by the police, that person absolutely should be outraged at the failure of Carmax to run their business properly. And that responsibility should not fall on the buyer unless the buyer chose to buy from a private seller as in your example.

So in OP's example, Carmax is Cake Poker. It is their responsibility to make us feel secure in playing on their site. Otherwise we might as well go play random home games with strangers in our neighborhood and hope for the best, because that's the only place something like money being taken away from you with no recourse should happen. If Cake poker can't give their players this security and peace of mind at the tables they really are not fit to run their business.

so aside from microbob making himself look a little foolish are there any updates?

No updates yet although I emailed Cakes gaming commision and also Pokerlistings as I think I read they recently bought into 50% of cake.

Anyway I think they will all reply today since the weekend is over.
When they do I will post on here.
BTW thanks for your posts guys and GL at the tables

Im uncomfortable playing at cake now that its revealed they steal money out of player accounts

Yep but in the example, Carmax would have to have a disclaimer informing you that if the car turns out to be stolen, all bets are off.

Now I haven't gone through Cake's T&C's, and I don't intend to, but I would be very surprised if they don't have some disclaimer covering this type of scenario.

Poker sites don't want these cases to happen, but sometimes they do, and it's difficult to plan against that. Someone earlier in the thread said that poker sites should hold deposits until they have checked out, but chargebacks can be put through a couple of months after the deposit was made.

I feel bad for LimitBoss, who seems to be the victim here, but at the end of the day if the account was fraudulent he didn't win it from a genuine player. If Cake had prevented this happening, he wouldn't have won the money at all and would be in the same situation now (except less pissed off and he would have saved a small amount in rake).

Given that its Cake's job to prevent this sort of thing, not his, don't you think that he should be compensated?

Do you think that, at the very least, they could refund the rake he paid and give him some sort of bonus?

Because essentially, if we assume that Cake's policy is to never refund a players money that they win from someone playing with fraudulent funds, LimitBoss is paying rake in order to play with both no chance of winning and no knowledge that he is in that situation.

It would be EXTREMELY ****ty of cake to at least the VERY least not pay back the rake that LimitBoss paid during this fiasco.

So everytime you take money off a guy and he played bad you should wait a couple days to see if the money was legit and doesnt get confiscated from your account?
I have a feeling I know what the guy I was playing was thinking that is if it was the chargeback situation.
As he started off in lower limits and gradually moved up I think he was thinking right ok if I can just get a bit of luck and win a couple big hands then I'll be even and won't have to do the chargeback thing and just keep my money + profits in my account .
He kept moving up and up and I am pretty sure if he took me for an amount that would put him above even he wouldnt be doing the chargeback thing and would just of took my money which means I would of had to take the loss as I'd of been non the wiser.
If that is the case then by me playing this guy I could of lost a substantial amount of money but never gained nothing .
Does that sound fair to you?

ReallyBro? lost 4.6k to MaxSteak on ptr. i wonder if cake gave him that back.

Stop emailing them and get them on the phone!!!

If it's not on their website, you can prob find a number through Google or LinkedIn or something...

how sweet would it be to lose 60k to this guy then a week later get a refund. sucks it had to be the other way around this time

The problem is I seriously doubt cake would have refunded him had he lost. They would have confiscated the other guys money and OP would have never known anything about it.

Cake's basically freerolling in this situation.

Isn't the real news that Cake can not absorb a $60K loss? Don't they have some kind of insurance to protect against fraud?

zero