Originally Posted by PDMike425
if you having trouble paying for things, you shouldn't be gambling with money...use your money in better ways
It is a matter of business not whether you can afford for FullTilt to hold on to your money interminably. I remember a time when banks controlled float that lasted from 48 hours to 2 weeks dependent on the circumstances of the funds. To support this practice banks always made the case that supported their position - it's takes that long. In modern times this obvious lie was exposed as a device to increase revenue by collecting windfall interest on your money, which was theirs for interest purposes, during this "float" period.
The amazing thing is that there are always those who blindly support corporations thinly veiled theft schemes, sometimes even after they have been exposed for all to see often with no benefit to themselves other than to support the "party line". I also fail to see the necessity of these various middlemen "processors" who have minimal exposure and expense and whopping fees when any viable company is perfectly capable and allowed (in the US) to set up it's own mechanism for the transmittal of funds national and international. Why don't these sites handle their own transactions for a small(er) fee?
My feeling is that FullTilt or any poker site should send me money I have won as quickly as possible if not immediately. In these days of instantaneous, worldwide business transactions 15 days is much too long. whether you need the money or can afford for them to hold on to it has nothing to do with it - even Bill Gates wants whats due him now if not sooner.
I'd like to see a logical explanation (from a players perspective) that permits, allows or prefers poker sites to keep funds that should be properly and quickly transferred to their customers. I remove the ubiquitous "processing time" because my ex-wife was a banker in a bank in Chicago. I saw their processing operation and while I guess a company less invested in monetary transactions than a bank will have less capacity, the technology is readily available to process literally millions of transactions in a day relatively easily, relatively inexpensively.