Tuesday, 30 April 2013
Online poker players at Lock Poker have received some frustration news over the last week with the domain announcing that numerous withdrawals have now been cancelled.
In an e-mail sent to players across the site, Lock Poker explained that high volume withdrawals were no longer being processed while it also stated that any funds received through peer-to-peer transfers were not eligible for withdrawal, thus rendering the money virtually valueless.The move has angered many players although Shane Bridges from Lock Poker explained that the move was necessary in order to combat people ‘masquerading as affiliates’.In a post on the 2+2 forum, Bridges wrote that such people ‘weren’t actually referring players but were working together to drive down transfer values and buying up huge amounts of Lock funds then attempting to use their status as 'affiliates’ to get cashouts as fast as possible’.Over the last few months players have apparently been selling the funds in their accounts to other players due to cashout times of up to four months. These lengthy waiting times have caused the price of one dollar to drop below 50 cents.For many this is the final straw in what has become an extremely fragile-looking poker site. While Lock Poker retains its status as one of the top sites on the Revolution Network, the community backlash towards these latest policy changes won’t help its reputation.Keep up to date with all the news from the poker world by following us on Twitter and Facebook.
The six-day Punta Cana Poker Classic 2016 begins later today and poker aficionados are being offered the chance to check out all of the action via a special video blog being sponsored by Americas Cardroom.
The PPC Aruba World Championship 2016 tournament series is due to kick off next month and four competitors will be joining the $2,400 buy-in main event fray after winning three-tier online poker satellite tournaments at Juicy Stakes and Intertops Poker.
The sixth annual edition of the Goliath poker tournament series finished over the weekend with its main event attracting some 5,232 entries to create a prize pool worth £523,200 ($680,421).
The sixth annual edition of Grosvenor Casinos’ Goliath tournament series may have begun last week but players are being advised that there is still time to qualify for seats into its prestigious £120 buy-in main event.
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