scumbags

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noname65

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Have you ever noticed how every single poker site has higher withdrawal limits than deposit limits--sometimes four or five times as high?

The idea is to make it easy for people to deposit but hard for them to get their money out if they realize poker isn't their game. Or to trap odd amounts of money in a poker account so that the poker site earns bank interest on it and not the player.

It's a scumbag practice. I know some people think everything is okay as long as it's done in the name of doing private business, but I'm not one of them. Business practices CAN be unethical and this one is.

And then there's the restriction where you have to make a deposit using a particular method in order to use that method to withdraw funds. Another scumbag practice.

Not to mention the morons at mastercard who don't permit withdrawals to a MasterCard even when it's a prepaid card and it's perfectly lawful for a Canadian to receive funds credits to it.

Just p***ed off that I have $120 tied up on two poker sites I no longer want to play and can't get my money out without putting MORE money in--and risking having the sites play hide the salami with that money as well.
 
pfb8888

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can you have someone transfer you money ?

another reason to play at pokerstars and full tilt and avoid smaller sites
 
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noname65

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Lol one of the sites my money is buried alive in IS full tilt. I've tried to transfer to a friend several times but the transfer gets declined every time. I've spent the past four days emailing Full Tilt lack-of-support about it and have yet to receive a response. I HATE that f***ing site.
 
eberetta1

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I have over $200 bucks on a poker site and and the minimum withdrawal is $500, so like you say, do you send money to chase possible bad money.

Then they have 10 different poker sites on the same network. What's
wrong with this picture.

I liked one of my sites that folded into the other, at least I don't have to drain one of my poker sites any longer.
 
fletchdad

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AFAIK sites have a minimum deposit and a minimum withdrawal. So only if you deposit 10-20$ is it 4 to 5 times as high.
 
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aphasiac

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It's kind of funny. Before I even started playing online I asked around, among friends, to get a sense of the best sites and what I would be getting myself into.

The single common complaint among them was the issue of retrieving money.

At the end of the day, the free market rules. Maybe you've found your next venture: develop a poker site that makes payouts more equitable and you'll probably get richer more quickly than by playing the sites that don't.

:)
 
Poker Orifice

Poker Orifice

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AFAIK sites have a minimum deposit and a minimum withdrawal. So only if you deposit 10-20$ is it 4 to 5 times as high.

That's not always the case. Some sites have weird min. withdrawl amounts & others (as OP has mentioned) have weird withdrawl methods where you have to withdrawl by same method as you deposited (until you reach the same amount you deposited with that method).
Sucks! Too bad it's not like it used to be with epassporte. Sure you paid a few bucks for the service but it made it real simple to do (could walk down to local 7/11 and pull money off my poker site account via ATM machine (mins. after moving it over to epassporte).

I'm in a bit of a jam myself at the moment. I've got a bunch of $'s tied up on sites I don't really like to play on & very little on sites I would prefer to be playing on. Going to look into the Moneybookers route (which I'm assuming will mean I'll have to deposit more on all the sites I want to withdrawl from, using my Moneybookers account??).
Fulltilt (& Pokerstars) should open up a bank ffs.... The Bank of Howard. I'd open an account tomorrow.
 
pfb8888

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i think there is a 90 day waiting period on ft before u can transfer ..90 days after you join.
 
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noname65

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Full Tilt finally emailed me five days later. They confirm what the last poster said, which is that you have to wait 90 days following your first deposit before withdrawing or transferring. I have to wait until late May before I can get my money out. What a bunch of rotten garbage those people are!

Meanwhile, partypoker offers its own MasterCard. Withdrawal is a simple matter of transferring funds from your poker account to your Party Cashier MasterCard and then going to the bank machine. They do charge $12.50 to get the card and $4.50 per ATM withdrawal, but if you've made enough money to withdraw in the first place the $4.50 is not that big a deal.

Party also offers a Canadian EFT deposit method where the money is deposited directly from your Canadian bank account. The money is released instantly up to your pre-approved limit. Of course, the minimum deposit amount is much lower than the minimum withdrawal amount, but that's par for the course. Every scumbag poker site does that.

I'm having decent results on Party and am going to stick with it from now on.

Does anyone know whether Full Tilt hits you with administration fees if you don't play on their site for a certain period of time? I'd hate to lose even more money when those rotten pieces of walking botulism are already earning interest by investing MY money that's trapped on their site.
 
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r42david

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Use to play at PS and Full Tilt but with complications associated for US players, I'm giving up trying to make deposits. Both sites are recommending Western Union, but their rates are way too high; worse than site rake. Without bank deposits and withdrawals, far too complicated and time consuming. Same thing for prepaid gift cards. Too bad. Guess I go back to brick and mortar.
 
Stu_Ungar

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Have you ever noticed how every single poker site has higher withdrawal limits than deposit limits--sometimes four or five times as high?

The idea is to make it easy for people to deposit but hard for them to get their money out if they realize poker isn't their game. Or to trap odd amounts of money in a poker account so that the poker site earns bank interest on it and not the player.

It's a scumbag practice. I know some people think everything is okay as long as it's done in the name of doing private business, but I'm not one of them. Business practices CAN be unethical and this one is.

And then there's the restriction where you have to make a deposit using a particular method in order to use that method to withdraw funds. Another scumbag practice.

Not to mention the morons at MasterCard who don't permit withdrawals to a MasterCard even when it's a prepaid card and it's perfectly lawful for a Canadian to receive funds credits to it.

Just p***ed off that I have $120 tied up on two poker sites I no longer want to play and can't get my money out without putting MORE money in--and risking having the sites play hide the salami with that money as well.

Have you considered reading the T&C before depositing?
 
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noname65

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Have you considered reading the T&C before depositing?

I have yet to find a poker site where the T&C contains a comprehensive list of withdrawal restrictions. Normally poker sites hide the full list of withdrawal restrictions and make it hard to find, so that people won't be discouraged from depositing when they find out how hard and sometimes impossible it is to get your money out of a poker site. Quite often, even when you email them and specifically ask for a complete list of withdrawal restrictions, the webpage you get directed to contains obsolete, incorrect and incomplete information.

Yes, I did read the T&C and it said nothing whatsoever about the restrictions I've encountered.
 
tusabes

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The min withdrawal on FTP is $100 for me. I don't see the big deal. A LOT of players wouldn't play if they had to deposit a minimum of $100.

Someone else made the point in a dif thread that the poker site doesn't want to be making a bunch of small transactions every time some kid wants beer money or a pack of smokes.

The withdrawal minimums are clearly stated within in the withdrawal tabs in the cashier at FTP.
 
Stu_Ungar

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They really are scumbags. They put all of this info on their websites, allow search engines like google to trawl them and then when you dont read it, its somehow you fault.

Scumbags... hangings too good for 'em
 
Stu_Ungar

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Im really getting a sense of how much searching OP did before depositing.
 
Stu_Ungar

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Now just for giggles, would OP like to explain to the group exactly what he / she did in terms of research prior to depositing?
 
Stu_Ungar

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Oh yeah.. forgot to post.. scumbags
 
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