Took all my money out of Empire and Party

[1C5]

Paranoid? Maybe. But I figure it is safter in Neteller than in the Party cog. Planning to keep 90% of my money in Neteller now, keep something like 10 buy ins in my accounts and simply add funds when necessary. Any problems with this that you see?

[Bigwig]

[ QUOTE ]
Paranoid? Maybe. But I figure it is safter in Neteller than in the Party cog.

[/ QUOTE ]

Huh?

What happened?

[1C5]

This:

21.1 THE COMPANY RESERVES THE RIGHT, IN ITS UNFETTERED DISCRETION AND IN RELATION TO YOUR ACCOUNT, ANY RELATED ESP ACCOUNT, ANY ACCOUNTS YOU MAY HAVE WITH OTHER WEBSITES AND/OR CASINOS OWNED OR OPERATED BY OR ON BEHALF OF THE COMPANY AND ANY WEBSITES THAT SHARE THE SHARED GAME/TABLE PLATFORM, TO WITHHOLD YOUR ACCOUNT BALANCE, SUSPEND YOUR ACCOUNT, AND RECOVER ANY PAY-OUTS, BONUSES AND WINNINGS


Just the fact they can do anything and I would rather them take a few hundred than a few thousand if they ever decide they feel like it.

[Moonsugar]

Party would be much safer than Neteller IMO.

Much larger company, more profitable. High profile.

But, to each their own.

Just cause you're paranoid doesn't mean they aren't out to get you...

[1C5]

I just don't trust them as much as I once did.

[Bigwig]

[ QUOTE ]
This:

21.1 THE COMPANY RESERVES THE RIGHT, IN ITS UNFETTERED DISCRETION AND IN RELATION TO YOUR ACCOUNT, ANY RELATED ESP ACCOUNT, ANY ACCOUNTS YOU MAY HAVE WITH OTHER WEBSITES AND/OR CASINOS OWNED OR OPERATED BY OR ON BEHALF OF THE COMPANY AND ANY WEBSITES THAT SHARE THE SHARED GAME/TABLE PLATFORM, TO WITHHOLD YOUR ACCOUNT BALANCE, SUSPEND YOUR ACCOUNT, AND RECOVER ANY PAY-OUTS, BONUSES AND WINNINGS


Just the fact they can do anything and I would rather them take a few hundred than a few thousand if they ever decide they feel like it.

[/ QUOTE ]

All poker sites have this stipulation.

All of them.

[Scuba Chuck]

Although I share your concern on a micro level, I don't think there needs to be a need to keep as much money there as you think. It takes what, 5 minutes to deposit money there from Neteller? If that makes you feel more safe, then fine.

[1C5]

Yeah I mean to deposit it takes all of 20 seconds. No big deal at all.

[Newt_Buggs]

If you use some common sense you can deduce that
1. They don't care about your couple of thousand dollars
2. They don't need your couple of thousand dollars
3. They would be really stupid to take your couple of thousand dollars

[vindikation]

I'm permanently leaving $100 in each of the 3 Party skins I play at (Party, Empire and PokerNOW). I really only bonus whore there, and after the Empire bannings, I don't want them to think that I'm just a run and gun bonus whore. I've made over $1000 this year so far from the bonuses at the Party skins, so if I lose my $300 so be it. I'll take a small risk of losing $300 to win more than $1000.

All of the other sites I play at I take the money out immediately and keep it stored in Neteller.

[igotBlackJak]

the idea that poker rooms like party are cheating, or might try to steal your money is without justification or reason. these places are making so much money its sick. the only way they would lose money is if they made people mad (i.e. mess up their monies) and make them go to another site. no worries here...

[Phill S]

[ QUOTE ]
Party would be much safer than Neteller IMO.

Much larger company, more profitable. High profile.

But, to each their own.

Just cause you're paranoid doesn't mean they aren't out to get you...

[/ QUOTE ]

Neteller is a publicly floated Plc. It is prolly as safe as a bank in many respects (obviously not in all areas, but you cant win them all).

Neteller wont take your money without recorse, and furthermor if you were hacked im sure they would re-imburse you, if for PR respects if not just as plain fair-policy.

Phill

[1C5]

Poll I made: http://forumserver.twoplustwo.com/showflat.php?Cat=&Number=2489548&page=0&view=colla psed&sb=5&o=14&fpart=1#Post2489934

[Phil Van Sexton]

[ QUOTE ]
Paranoid? Maybe. But I figure it is safter in Neteller than in the Party cog. Planning to keep 90% of my money in Neteller now, keep something like 10 buy ins in my accounts and simply add funds when necessary. Any problems with this that you see?

[/ QUOTE ]

Do you really need quick access to 100 buyins? Probably not.

I would do it like this:

10% party
10% empire
20% neteller
60% ing direct

[lehighguy]

http://forumserver.twoplustwo.com/showthreaded.php?Cat=&Number=2489641&page=0&view=c ollapsed&sb=5&o=14

There are other examples. You have no legal recourse because they are outside the USA.

In related news my friend ran up a gambling debt at various poker sites, but doesn't have to pay it because his lawyer says they have no legal recourse against him being that they are technically illegal.

[multifast1]

First... how exactly do you "run up a debt" on a poker site?? I thought you had to deposit money before play and they're not a loan shark. Hmmm..

Second.. I did the exactly same thing with my funds. Used to keep my entire BR on the Party site. Once I realised I would likely never touch the bottom 2/3 of the bankroll, I put it in Neteller. Much safer in my opinion. You just never know when/why an offshore site will decide to close your account. Too many horror stories.

[Newt_Buggs]

I still think that being afraid of PP capturing your account without cause (from something like cheating) ridiculous. I don't keep my entire bankroll in party just because I don't collect interest on it while its in there

[JJKillian]

no reason this isn't smart.

In a releated story I am having a slight problem getting money out of party atm. Some of it is my fault some of it is theirs.

I recently remodeled my house and rented it out as well as re financing it. I no longer live there and am having a house built. So in order to have them send me a check up I need an address, so partially my situation there.

My initial deposit was through a business account (I own the business). They said they don't work with business accounts and they can not put it back in there. They sure didn't have a problem taking from it however hehe.

So I am sure I will get it resolved one way or the other. But I would keep some of it somewhere also. If there is ever an issue with them, you really have no legal way of getting ya cash.

Laterz

JJ

[multifast1]

Exactly what JJ said. Sorry Newt, but it's not ridiculis. There is story after story about accounts getting frozen or trouble withdrawing. Usually there was justification but often it only takes some weird occurance for Party to get involved.. especially if you have accounts on other Party skins. If nothing else it can be a huge nuisance if you need to withdrawal quickly.

[AA suited]

there's a $10000 withdraw max and $13000 (?) deposit max in a rolling 30 day period if you dont give them your social security #.

(i've been hit with the $10000 withdraw limit. had to wait till day31 so my 1st withdraw would drop off.)

[lehighguy]

You can write bad checks, they give you the money immediately, but then the checks bounce a few days later. Not that a few days wasn't enough time for my friend to lose it all.

[Apathy]

[ QUOTE ]
[ QUOTE ]
Paranoid? Maybe. But I figure it is safter in Neteller than in the Party cog. Planning to keep 90% of my money in Neteller now, keep something like 10 buy ins in my accounts and simply add funds when necessary. Any problems with this that you see?

[/ QUOTE ]

Do you really need quick access to 100 buyins? Probably not.

I would do it like this:

10% party
10% empire
20% neteller
60% ing direct

[/ QUOTE ]

That's funny, I have almost exactly this set-up with the addition of a few other poker sites in there.

[curtains]

Whats ing direct since everyone has all their money there? I have my money partitioned between about 30 total accounts online, whether it be poker/sportsbetting/neteller or whatever..

[gumpzilla]

I'm pretty sure that ING offers an online checking account with something like 3% interest. My roommate was telling me about it at some point.

[jon462]

[ QUOTE ]
I'm pretty sure that ING offers an online checking account with something like 3% interest. My roommate was telling me about it at some point.

[/ QUOTE ]
link to ing pls

[Big Limpin']

ING Direct (http://home.ingdirect.com/)

(duh) /images/graemlins/blush.gif

[Degen]

dood party isn't gonna take your money

for the sole reason that you'd tell all of us and they'd have a mass exodus of funds.

a little story:

about three months ago i created a fake account using a fake name and even made a fake id to try and validate the account of one 'jennifer anderson'

i even singed her up under my own affiliate account.

well we ran into an account verication problem when i tried to hook up a bank account to it that did not belong to Jennifer Anderson. it belonged to me (ya, i know...stoooopid move).

well i sweated and sweated and tried to think of all the ways to get the money out of the account (over 2k). it was frozen and i thought i was phucked.

i decide to gambool and call party and tell them what i'd done and see if they'd give them money back. according to their terms and conditions they already had reason enought to seize all the money and keep it.

i told them the truth and they almost laughed 'please don't do it again, we'll put the money back, we're closing that account'

i had the funds in a couple hours. they even let me keep the rakeback.


THEY DO NOT WANT TO STEAL FROM YOU MAN! THEY WANT YOU TO PLAY!!

PartyGaming is planning an IPO for later this year, the last thing they want is to rob us, they want us playing for years and years and years.


I am not a shill.

Andre

[astarck]

Funny little story....Jennifer.

[DonCaspero]

try losing $65k because Prima thinks you're involved in chipdumping, just because you're playing a total idiot!!

Pokergirl has $65k confiscated on Prima (http://forumserver.twoplustwo.com/showflat.php?Cat=&Number=1173448&page=&view=&sb=5& o=&fpart=all&vc=1)

They havent paid him back yet

[Phil Van Sexton]

[ QUOTE ]

Whats ing direct since everyone has all their money there? I have my money partitioned between about 30 total accounts online, whether it be poker/sportsbetting/neteller or whatever..

[/ QUOTE ]

It's just a checking account with interest. It's nice because you can sign up online with no paperwork.

I have my ING account linked to my real checking account, so it kind of acts as a buffer between the off shore accounts and my personal account.

[1C5]

The Canadian one only offers 2.4%, those rats.

[Degen]

ya that one blows

notice how in my post i said PP, not any online poker site

PartyGaming/IGM is a company worth billions of dollars, they would not damage their credibility by doing something this foolish for a few grand.

Andre

[APatterson]

Party are going to float on the London Stock exchange. Maybe this will change your mind!
http://news.bbc.co.uk/1/hi/business/4601793.stm