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PokerClub.ag & "NYPK" called out for "ponzi like" operations PokerClub.ag & "NYPK" called out for "ponzi like" operations

04-11-2018 , 03:44 PM
Chase Bianchi took to instagram to warn poker players about Adnan aka "Nypokerking" and the poker site he relentlessly promotes via instagram Pokerclub.ag. Apparently the site does not hold players funds in full resulting in slow and partial cash outs. Ill host the pics and convo's soon but until then does anyone have experience withdrawing from the site?

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Last edited by Giltech; 04-11-2018 at 04:11 PM.
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-11-2018 , 04:22 PM
Yea that thread definitely shines a light on his character but i am more interested on this site as a whole. I have seen a lot of instagram poker players w/decent followers showing support of the site and offering discount codes etc for joining and referrals recently. Now someone who is involved in the HS community is coming out and pointing out some of the red flags. Its a fair warning plus i also wanted to see if anyone else has experienced this issue.
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-11-2018 , 07:33 PM
" well, sort of.... but we will speed it up for you "

What a douche.
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-11-2018 , 07:37 PM
Instagram pros are all ****ty regs and they have to do stuff like this to fund their degeneracy.
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-11-2018 , 07:50 PM
Quote:
Originally Posted by Sasha Foxxx :)
Instagram pros are all ****ty regs and they have to do stuff like this to fund their degeneracy.
+1

He's a scammer ,a clown and not very good at poker
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-11-2018 , 07:52 PM
Quote:
Originally Posted by Giltech
Yea that thread definitely shines a light on his character but i am more interested on this site as a whole. I have seen a lot of instagram poker players w/decent followers showing support of the site and offering discount codes etc for joining and referrals recently. Now someone who is involved in the HS community is coming out and pointing out some of the red flags. Its a fair warning plus i also wanted to see if anyone else has experienced this issue.
What more evidence could you possibly need?

This site is clearly not a safe or trustworthy place. If you choose to play here, accept the consequences when they inevitably arrive. Poker pros are some of the least trustworthy people in existence. Their support of this poker site on Instagram should not inspire confidence.
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-11-2018 , 08:14 PM
Such a shame we can't just get legitimate sites to play so the dumb dumb's of the world will quit getting taken advantage of by these types of people. Everything is good, until it isn't.
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-11-2018 , 09:09 PM
No auditing, no regulation, and no responsibility. What could possibly go wrong?

Spoiler:
Full Tilt

PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-14-2018 , 07:48 AM
breaking: a person refering to themselves as "(location) Poker King" might be a scammer
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-15-2018 , 02:33 AM
Quote:
Originally Posted by FreshThyme
Such a shame we can't just get legitimate sites to play so the dumb dumb's of the world will quit getting taken advantage of by these types of people. Everything is good, until it isn't.
There are plenty of legitimate clubs on pppoker bunch of people have been making bank on chinese apps too
The key not to get scammed is not to send the money directly but find a good agent with the money that guarantee your funds.

BTW in no way I try defend pokerclub.ag and NYPK because it is clearly a poorly managed scam. But it is still ******ed idea to send money directly to a guy who is known scammer to deposit on his site. Like what you expect is going to happen??


All the pppoker and PokerMaster,Lords and so on are called agent sites for a reason. You need to get a good agent you personally trust or just don't bother.
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-16-2018 , 03:18 AM
I wouldn't put much on any of these clubs.
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-16-2018 , 10:44 AM
I play a ton on this site. Always through an agent that I trust.

I've had reasonably good luck with cash outs, and cashed out over $100k so far. However, one club did go belly up and a ton of people lost money. Evidently they were letting some whales play on credit, and unsurprisingly couldn't collect. I had an 11k balance when the club died. My agent offered to make me whole, and I agreed to split it with him so lost 5.5k.

Also, the reason the club gives for processing cash outs this way is that having everyone paypal/venmo direct to the club was giving rise to too many transactions and undue inquiry/frozen accounts from the payment services. By having depositors send direct to cash outs they avoid that. To the extent they can't match you they pay you out directly. Doesn't mean it's legit but that is at least plausible.

Last edited by MIB211; 04-16-2018 at 10:51 AM.
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-17-2018 , 01:41 AM
Quote:
Originally Posted by MIB211
I play a ton on this site. Always through an agent that I trust.

I've had reasonably good luck with cash outs, and cashed out over $100k so far. However, one club did go belly up and a ton of people lost money. Evidently they were letting some whales play on credit, and unsurprisingly couldn't collect. I had an 11k balance when the club died. My agent offered to make me whole, and I agreed to split it with him so lost 5.5k.

Also, the reason the club gives for processing cash outs this way is that having everyone paypal/venmo direct to the club was giving rise to too many transactions and undue inquiry/frozen accounts from the payment services. By having depositors send direct to cash outs they avoid that. To the extent they can't match you they pay you out directly. Doesn't mean it's legit but that is at least plausible.

What is "an agent"? A backer? Some other 3rd party that also takes a cut on your wins?
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-17-2018 , 08:44 AM
Quote:
Originally Posted by downunder66
What is "an agent"? A backer? Some other 3rd party that also takes a cut on your wins?
Agent is the intermediary between the player and the club. You deposit and cash out with him and he gets a (large) % of the rake you pay. He may also give you rakeback.
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-17-2018 , 08:51 AM
Quote:
Originally Posted by downunder66
What is "an agent"? A backer? Some other 3rd party that also takes a cut on your wins?
For sites like this it is equivalent of your local bookmaker in US. For the most part agents get credit from the site and settle once per week. So for the most part on sites like pppoker money and your deposits aren't really moving. Agent credit your account with X amount of chips and once per week he settle with owner of the club your win/loss and collect his part of the rakeback which he might or might not share with you.

At the same time since clubs don't know the players so the agents are responisble for their players losses inside the club. Hence it is big issue for many clubs on pppoker where agent with a lot of bad players doesn't settle and just collect his players loses and run away.
Happens every day on Chinese apps too.


So basically agent is a middle man that:
- brings players to the club and is responisble for your play there so if you lost he need to settle. He also keeps your money when you deposited in reality

-he is a person that should guarantee your money so in reality he is the person to go to for your cashout.

Thats why I am so many times shocked when the players from agent site come to forum like 2+2 and **** on the site. For the most part 99% of the agent sites don't even have any players money-agents have!!!
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-17-2018 , 09:44 AM
take your own risk. the site obviously is not legit
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote
04-19-2018 , 12:33 PM
This is how that douche supports his instagram lifestyle. 99% of those instagram celebs are fraudsters preying on 12 year olds with peanut brains.
PokerClub.ag & "NYPK" called out for "ponzi like" operations Quote

      
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