Ask Lee Jones

poker-penguin · #1 07-19-2005, 12:07 PM

I know he's here from time to time, and I'm too lazy to just read the stars T and C

I heard today that Stars takes 10% of your balance after 7 months of inactivity.

1) Is this true?

2) If so, why? If not, why do you think other poker rooms / casinos do this?

iluzion · #2 07-19-2005, 12:39 PM

[ QUOTE ]
I know he's here from time to time, and I'm too lazy to just read the stars T and C

I heard today that Stars takes 10% of your balance after 7 months of inactivity.

1) Is this true?

2) If so, why? If not, why do you think other poker rooms / casinos do this?

[/ QUOTE ]

You could have just PMed him...

But most poker sites take all of your money after x months.

Rasputin · #3 07-19-2005, 12:42 PM

I don't see anything like that mentioned in the Terms of Service

poker-penguin · #4 07-19-2005, 02:07 PM

That's what I was thinking about the TOS but wanted to check, and I made it public because I figured other people might be interested. It was a comment from a poker-friend on MSN, that kinda opened this whole topic in my mind.

BTW - I think that taking a player's money after X months is pretty much theft. A casino tried to do it to me (thankfully after a warning email) but really does it cost them anything to keep my account open until I remember it? If anything, we should be charging THEM interest.

Synergistic Explosions · #5 07-19-2005, 03:47 PM

It's like the death tax.

mosquito · #6 07-19-2005, 08:34 PM

[ QUOTE ]
I know he's here from time to time, and I'm too lazy to just read the stars T and C

I heard today that Stars takes 10% of your balance after 7 months of inactivity.

1) Is this true?

2) If so, why? If not, why do you think other poker rooms / casinos do this?

[/ QUOTE ]

Hey, good ole banks in the US of A do it, why do you
care about a poker site?

Punker · #7 07-19-2005, 08:36 PM

This is not done on Stars. I give you a 100% guarantee.

StacysMom · #8 07-19-2005, 08:39 PM

instead of sending a warning email, they should just be happy with an interest free loan.

poker-penguin · #9 07-19-2005, 09:08 PM

1) Banks don't do it after 7 MONTHS do they?

2) I don't have money in a US bank.

Like I hope I said, I pretty much figured this was BS, but it got me thinking, and since I'd hit my loss limit for the day, that's a dangerous thing.

mosquito · #10 07-20-2005, 02:12 AM

[ QUOTE ]
1) Banks don't do it after 7 MONTHS do they?

2) I don't have money in a US bank.

Like I hope I said, I pretty much figured this was BS, but it got me thinking, and since I'd hit my loss limit for the day, that's a dangerous thing.

[/ QUOTE ]

It's usually a year.