Lock Poker Throws Away the Key on Millions Owed with Apparent Site Shutdown

Lock Poker Throws Away the Key on Millions Owed with Apparent Site Shutdown

April 20th, 2015 by Philip Conneller
Lock Poker site shutdown

Lock Poker appears to have disappeared, along with its customers’ funds, but why did the site’s Curaçao regulator take no action against it? (Image: Lock Poker)

Lock Poker has been offline for three days, leading to speculation that the pariah poker site has shut down permanently.

Lock has been suspected of insolvency for some time. Earlier this month, it reached the dubious milestone of a whole year since its last processed cashout, and it’s believed that the site owes its former players millions of dollars.

TwoPlusTwo forum posters alone have recorded around $1 million in unprocessed cashouts owed to some 400 players. These players have reported full balances closer to $2 million, and Rakeback.com believes the entire amount owed to be somewhere around $15 million.

Players first began reporting problems with cashouts around two years ago. Up until that time, Lock had been the leading US-facing offshore site, and had exploited the vacuum left by the hasty departure of PokerStars and Full Tilt after Black Friday by marketing expensively.

It had a large roster of sponsored pros, from Annette Obrestad to Michael “The Grinder” Mizrachi, and its Lock Challenge promotion was hugely popular with online poker players.

Communication Breakdown

Soon, however, complaints of slow cashouts began to grow, and a breakdown of communication between the operator and its customer base instilled further alarm. By early 2013, it was clear that something was seriously wrong, and players began selling accounts on the secondary market for well below face value.

Going back further to May 2012, Lock left the Merge Gaming Network, announcing that it would be acquiring the assets of the Cake Network to form the Revolution Network.

“Many exciting changes will be coming as Lock moves to its own platform…,” trumpeted Lock in a press release. “Lock has elected to exercise its right to terminate the contract [with Merge] as a result of the numerous and ongoing breaches of contract by the network operator.”

Liquidity Dried Up

However, Merge claimed that it had been forced to segregate Lock’s players from others on the network due to “lack of payment to the network and a large growing debt.”

More recently, player liquidity had almost completely dried up for Lock. Before it was kicked off the Merge Gaming network, the site had a 400-player seven-day cash game average. More recently, the room struggled to average 50 players, a number of whom were suspected of being shills, i.e., paid by the management to encourage others to play.

Lock was continuing to accept deposits from players, right up until the bitter end, when it went offline on Friday morning.

If Lock has, indeed, closed down, serious questions must be asked of its Curaçao regulator, which has apparently done nothing to reprimand the rogue poker site or to help its victims recover their funds.

16 Responses to “Lock Poker Throws Away the Key on Millions Owed with Apparent Site Shutdown”

  1. D Gray says:

    What worthless scumbags!! Taking deposits right up to the minute they closed the doors.

  2. naruto_miu says:

    I feel sorry for all those players (myself included), I recall when CC had free rolls on this site, and I built my roll up to $275 and requested a cash-out, that was March 2014. I sent them emails, spoke with the customer service reps, and even stated in one email “If you’re gonna rob me atleast be forth coming about It, It’s only $275 and If you as a poker site need It more than me, lol, than you’re really sad to have too do that. The rep replied with something down the lines of we are not robbing anyone, and we do apologize for the inconvenience and blah blah blah.

  3. 2agoodcause says:

    i have… HAD 13k on the site with a 2k pending western union from dec 2013. curaco needs to auction off Jennifer larsons homes and pay us. i say homes because she spent our money on her real estate buinsness and has over 50 houses she is trying to sell. there is our money curaco… go get it .

  4. teepack says:

    Finally! Those jerks owe me $1,500, and I wrote it off long ago. Glad to see the site may be shut down so that it doesn’t rip off any more unsuspecting players. Hopefully they will throw away the key to Lock!

  5. juiceeQ says:

    Reprehensible. I feel for all the people who have not (and probably won’t) recover their money from these thieves.

  6. we will rock you says:

    glad i cashout on that site in 2013 before this happened payouts took too long still have a 600 balance left of the site im thinking its gone and i have no chance of getting it

  7. Ardmir says:

    8.000 since 2013 i hope i get it some day lol

  8. Guitarhero27 says:

    I got up to 55k in 10 months from nothing owned 2agoodcause all day long everyone sucked who played tat site even pros. I never got paid either so stfu about lock poker now I’m sick of u guys making forums still about this site let it fuxking go! If ur really good at poker the. U lost this battle. but at least ur ready for the war. U guys moan over hundreds and thousand of dollars well wat about pokerlsart that player had 600k.

  9. D Gray says:

    WTF is this GuitarHero babbling about? Lock Poker ripped us off big time and we are NOT supposed to complain about it?

    News Flash to GuitarHero: If you do not like us complaining about the crooks at Lock Poker then do NOT come here to read about it.

  10. Bill says:

    They owe me $650 for over 2 years

    Now because of this I will never trust or play online poker again.

    Bill

  11. Jo-Anna says:

    Lock owes me $200, still waiting !!! Can we sue? Class action?

  12. me says:

    how can we get our money back?

  13. Eric says:

    Man, I have over $7,500 on there….. Do I have any chance of getting it back?

  14. Ryan says:

    Damn I just found out about this lol I used to play on there back in the day with like $50. Sorry to hear u guys lost that damn money

  15. Ken says:

    None of you will ever get your money back. It’s over.

  16. Ed says:

    If I nor anyone else scammed not able to be paid back…the site owners along with the FBI may go fuck themselves.

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