***CHANGES TO ORIGINAL POST MADE ON 7-23-14***

This report began on June 9th, 2013 with 12 players submitting their data. It was initially included at the end of my P2P Trade Market reports, but quickly became much more of a focus as players continued to submit their pending payout data - thus creating its own thread.

PLEASE NOTE: The amount of players on this report has swelled to nearly 400 people owed almost $1,000,000 in unpaid withdrawals. Please skip to the latest posts for continued updates.

WHAT IS THIS REPORT? This report is comprised of user-submitted data relating to Lock Poker pending withdrawals. Players can submit any Lock Poker payout information (described below) to me via PM, and I will update my spreadsheets accordingly. I post graphical updates to this thread at least 2-3 times per month.

IF YOU ARE A WEBSITE REFERENCING THIS REPORT: Please be sure to credit the appropriate post, or this thread, and source the material contained here appropriately. Thank you.

HOW TO SUBMIT TO THIS REPORT: If you have a pending Lock Poker payout due to you (check, WU, skrill - all players welcome) that is two months old or longer, PM me with the following details and I will include them in the report.

Date of Cashout Request (just the date you initiated the withdrawal)
Method of Cashout (WU, check, Skrill, other)
Amount of Cashout

I will not include your username in the report (blacked out) for privacy reasons. I also do not include pending payouts posted in other threads - if you want to be included in the report, you must PM me.

If I feel any information sent to me is being intentionally manipulated, or is otherwise obviously misleading, I will not add such data to the report. This report is intended to shed more light on this situation and paint as accurate a picture as I can - but I won't cut corners, or support deceit, to do it. So once again, I ask that your PMs be genuine and if you do indeed have a pending cashout exceeding two months, please PM me.

NOTE: If you cannot PM, simply interact in the forums and PMing abilities will enable themselves.

The reports beginning with the one in this post began in August of 2013. Surf through the pages ahead to find older reports, and/or click the 'last' page link and surf backwards to find more recent updates.

~~~~~

INITIAL REPORT IN THIS THREAD (posted on 8-6-13)

Number of players: 73 (up 1 since report on 7-29-13)



NOTE 3: A new category has been added to this list called "OffRep", which is a delineation meant to denote the difference between a player's wait time and the skin's self-reported current wait time. Any negative difference results in a red background with the number inside representing the amount of days off of the official skin timeframe. The "total" at the bottom of each payout method is the average amongst the number of players in each category.

For example, "player X" has been waiting 60 days for his WU cashout. The skin says WU cashouts take 4-6 weeks. So, this difference would be quantified in the report as 18 days with a red background (18 days over stated timeframe). This number continues to rise until the player receives the cashout.

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/report

Nutz
Tx for the info
AJT

Updated through 8-6-13

Number of players with pending cashouts reported: 73 (no change)



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/report

Been reports of cash outs changed from WU to check by Courier. Any info? Is it credible?
AJT

Yes - some of the outstanding WU's owed have been converted to checks. Seen a few of these happening. Amazing how they can quickly get a few checks out in relative ease when they want to...

Updated through 8-7-13

Number of players with pending cashouts reported: 76 (up 3 players)

Updated through 8-8-13

Number of players with pending cashouts reported: 78 (up 2 players)

Updated through 8-9-13

Number of players with pending cashouts reported: 79 (up 1 player)

Hey,

Wait one ****ing second here! How can the number of pending cash outs be growing every week/month. How can there be all of these February, March, and April cash outs? Shane, the Cashier Manager, and Customer Support are all quoting 4-5 weeks on cash out times to new customers?

FYP



Zy

Where are you finding these reports of the cashouts?

I have been waiting for a western union cashout for 5 months now....

Nutz
They just keep getting worse. Amazing. Even their Forum is apparently down due to some software glitch. Seriously looking into trades.
AJT

I've hit 80 now with tonight's report. There's doubtlessly more as I'm keeping this report to only those submitted to better track when they are paid up. In short, Lock is full of BS trying to make it look like this is simply a few random cases of people waiting a long time. They basically gave up when they left 2+2...but I haven't. Players are owed their money - whether it's $1 or $10,000. So as long as there is one person on this report, I'll keep doing it.

Check the OP - the answers are there.

OP if you wish to be included in this report.

Trading is no better option right now. Recorded reported value is at 25% of value for Lock funds, but the market for it is basically dead. Lock had 72 reported value trades in January and 65 in February (to say nothing of the trades made that didn't have values reported). They had 17 in July and 2 so far a third of the way into August. So, basically - Lock's done all they can to kill themselves in the eyes of all but the uninformed. But even that isn't going to hold for long.

Updated through 8-10-13

Number of players with pending cashouts reported: 80 (up 1 player)

This is a great service! Since this report represents a sample, Do you have any guess as to how much larger the cash out problem is. As not all lock players (non 2 + 2) are reported. Do you think their backlog is 10, 5, 2 times as bad?


It seems that there are many sellers of lock funds who are unwilling to take .25. And there are very few buyers willing to pay .25. That would mean that the real equilibrium price is probably headed much lower. Sellers are giving up.

I know Shane had slightly over 210 players that he had on his list from 2+2 that were owed cashouts. I think using the total wait-times I've cataloged from all players since May...coupled with this report, gives a pretty solid sample into the overall picture. Are some getting cashouts before others? Sure - but since Lock had no interest in trying to help my reports along with any data to prove what Shane was saying, you go with what the research indicates. Especially over someone just saying "no, the timeframes are this and this" with no proof or data to support it.

Overall, with recent events factored in, I think Lock is in serious trouble. They've isolated themselves, alienated almost every other skin on Revolution, and every indication is that they are becoming more and more dependent on the unknowing depositor to keep things afloat.

So, they could have over half of their player base trying to cash out and (most likely) never return to their site. Fewer new depositors due to a bad reputation and poor customer service. Less rake with fewer and fewer players. Segregation from the other skins who fear that lock cant settle up with them. More and more lies from their CEO, paid pros, media shills, and their site rep. So the way to deal with this is to set up their own site, censor all critical comments, and pretend that they have 4-5 week cash outs? What's plan B????

The end of the lock poker forums here is insane. It basically makes it impossible for people to communicate about this through a non-lock approved forum...which basically makes honest communication impossible.

I've been waiting since APRIL 30TH for a WESTERN UNION

$2,000 max request

Updated through 8-11-13

Number of players with pending cashouts reported: 83 (up 3 players)

NOTE: I combined the one Ecocard player into the new Skrill/Neteller/ROW category as it appears I'll be needing some more room on the spreadsheet...

IVE BEEN WAITING SINCE THE MIDDLE OF MARCH FOR A WESTERN UNION CASHOUT!!!!!!!!!! ITS NOW AUGUST 12!!

Updated through 8-12-13

Number of players with pending cashouts reported: 84 (up 1 player)

NOTES: One player dropped from the list and two were added - for this report. Also, I combined the one Ecocard player into the new Skrill/Neteller/ROW category on 8-11.

Requested 3-19-13

Verified 4-11-13


8-12-13 still no word on my cashout.....western union of 1800 dollars .....any other site would have been paid in under a month max....im not a fan of lock until i see some $$

So to dump Lock Poker $ will cost me at least 75% value. Geez
AJT