Disclaimer: I am not familiar with the OP, but I have played with him on multiple sites. AFAIK, the OP reputation is clear.
Quote:
Originally Posted by Kilowatt
These two stories completely contradict one another.
I have a feeling you're not being completely honest with us.
Look, I'd like to help you, and it's possible they are acting unethically, but you have to be up front and honest about everything or otherwise this isn't going to go anywhere.
The story doesn't contradict itself. I see at least two possible scenarios, when OP says he made a 120k deposit.
1. He did actually made the deposit in BTC via the cashier. You don't have to verify any info prior to depositing on GG, as well as on some other pokerrooms (they just don't let you cashing out without confirming that).
2. He made the deposit via Bryn and let Bryn handle the rest. It is a common practice for some of the agents on some sites.
Anyway, when the ban happened, the BTC for the deposit were returned to the OP. The BTC rate, however, was lower and thus the OP lost some USD value. But I am 99% sure that if the rate was higher, the OP would have received the same amount of BTC, meaning his risks were the same as if he bought the BTC for hodling.
As for bumhunting warning, a lot of the HS GG regulars have at least one. I believe one can get two warnings without being asked to stop playing on GG. To be fair, almost every reg there is bumhunting, depending on the definition of bumhuntning (just so you know, total rake in a regwar would be around 20-30bb/100 per table; no one loses that much in a 3-4 handed reg game, at least on one who's willing to play regwar games). There is no clear definition of "bumhunting" in their T&C, only GG's security team decides if you are a bumhunter or not.
What's more, if you don't table select at the highest stakes (not talking about low/medium stakes, as I have no info on how soft the filed is there), you will never beat the absurdly high rake and their vague RB system, where a pro player can get maximum ~20% of their paid rake back. It is actually profitable for GGpoker to stake some of the PokerStars semi-recreational players, because they will lose less than the rake generated by the table.