Zagox Management N.V. is prepared to show it means business. The company that bought poker site Juicy Stakes last week moved fast and started paying its players. No timebank involved!
More and more players are reporting that they received their cashouts after months of waiting. Under the new management, the average time between requesting a cashout and receiving it is about six days, via check method. If you aren’t a US-based poker player, then you can withdraw using e-wallets like Skrill and Neteller, without any fees. In this case, the average time between requesting a withdrawal and being paid is 48 hours.
The Juicy Stakes’ network neighbors who play on Lock Poker, however, aren’t that lucky. The Revolution Gaming Network poker skin has major problems in handling withdrawal requests and players have to wait six or seven months before getting their money back. Of course, there are also the really unlucky ones who have been waiting for months and still haven’t received any payment yet.
According to Two Plus Two forums, in September, 12 players received the money Lock Poker owed them. What stands out, though, is the average time between requesting a cashout and receiving it: almost 168 days! One player, for example, had to wait eight months (242 days) to finally see the money in his hands. He requested a cashout via check on January 19 and received it on September 18, 2013. At least 137 players with pending cashouts still remain and Lock Poker owes them over $372,000.
Because of that, poker pro Michael Mizarachi has decided to end the partnership that he had with Lock Poker. Speaking with Bluff Magazine, Mizrachi confirmed the news, saying that “the relationship” with the poker skin is now over. Nevertheless, the tank is still filled with sharks at Lock Poker. Norwegian Poker Pro, Annette Obrestad and Heads-Up Sit’N’Go specialist Greg “HokieGreg” Tiller are still linking their names with the troubled site. Time for action?