Originally Posted by Welly
If everyone with money in their account asked to withdraw it all at the same time, most poker companies simply wouldnt have the money to hand (some of them for a long time). Not dissimilar to an Argentine bank . Creative cash-flow management shall we say.
... or any bank at all. There's ratio set by central banks (required reserve ratio
) which fractional reserve banking (http://en.wikipedia.org/wiki/Fractional-reserve_banking) and is common in all developed countries.
At least the poker sites
don't start making loans to players from the cash other people have deposited... although they could make a ton of money that way.