Party Poker's New Intra Account Transfer Cashout Rules

[Spartacus]

Don't forget those getting and paying rakeback and using Party as a vehicle for this.

[primetime32]

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You guys are such babies. All this whining about bonuses requirements and now transfers, etc.

News flash:

The idea is to play poker! Not mouse free money from bonuses or transferring funds for cash out purposes.

What they're asking is not unreasonable. Deposit money, become a valued customer, and they'll pay you a bonus. If you want to lend a friend money so that he can play, they'll let you transfer money for that purpose.

I doubt those who whine about such things are very able poker players anyway, but it probably won't hurt the games if all you tight-assed low limit babies took your business elsewhere.

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I made a similar comment when everyone was going off on their new bonus policies. Its ridiculous that these people think that party should do anything they want. As if party is only around for bonus whores and people who want to launder money.


The transfer function wasnt set up for people to use on other sites, it was set up for people to play on party poker. Is it that hard to understand?

There are hundreds of ways for you to get money from your buddy. How about havig HIM withdraw it and sending you a check so you can play at another site.

And is it so hard to sit down at a low limit table for a couple of hours to clear the rake requirement? 200 raked hands shouldnt be a problem.

Personally i take advantage of the bonuses as much as i can and have transfered money. These new rules won't get in the way for me. But then again i am not trying to abuse the system.

[MEbenhoe]

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OMG PARTY POKER IS TRYING TO PREVENT MONEY LAUNDERING!! WTF!!! BIGGEST OUTRAGE EVER!!!!

stfu

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there are some of us who are actually repaying / staking legitimately and this sucks for us (namely those getting large amounts of $ back). The extra hands are just a nuisance.

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Please explain to me what type of staking arrangement doesn't involve you playing any poker? The limit on party for transfers is $1000/wk anyways IIRC. You're telling me you can't get 250 raked hands in?

If you're reasoning is that you're transferring on Party so that the person you're staking can play on another site, like I said before why would Party possibly want to provide a service to you in order to facilitate you going to their competitor? This move by Party is a wonderful business move, and a wonderful move in order to protect themselves.

[B00T]

stop trolling [img]/images/graemlins/cool.gif[/img]

[Subby]

Yikes.

I stake some guys in casinos and this is how we transfer money back and forth to save on the Neteller transfer fees.

Of course I understand their reasons...but it still sucks.

For me, anyway... [img]/images/graemlins/smile.gif[/img]

[AAAA]

Is this another way to keep people from generating neteller fees to stimulate bonuses? If you transfer to a friend and he withdraws and transfers to you somewhere, then the restriction against withdrawing before a bonus would be circumvented.

Why don't they just make the bonuses for play and let the player figure out when he needs to put more money on the site?

[StellarWind]

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Why don't they just make the bonuses for play and let the player figure out when he needs to put more money on the site?

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Many bad players virtually never withdraw. Any money they can be persuaded to deposit will eventually be raked or lost to players like us. For them a deposit is a decision to spend money on entertainment.

Can you see why it's nice for us that bonuses require deposits?

[Ro-me-ro]

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moving money costs these sites money

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Personally I think there are 2 situations here:

1) player A deposits and transfers to player B who cashes out. FAIR Policy from Party.

2) player A happens to be playing and wins a bunch of money... transfers to player B who cashes out (private debt/percentage of action whatever) -- this should be allowed.

Situation 2 doesn't cost the site anything extra whatsoever since player A could just cashout the money himself... what difference does it make if player B cashes out. None imho.

Just my 2cs.

Rom

[Reef]

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[ QUOTE ]
[ QUOTE ]
OMG PARTY POKER IS TRYING TO PREVENT MONEY LAUNDERING!! WTF!!! BIGGEST OUTRAGE EVER!!!!

stfu

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there are some of us who are actually repaying / staking legitimately and this sucks for us (namely those getting large amounts of $ back). The extra hands are just a nuisance.

[/ QUOTE ]

Please explain to me what type of staking arrangement doesn't involve you playing any poker? The limit on party for transfers is $1000/wk anyways IIRC. You're telling me you can't get 250 raked hands in?

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limit is now 2.5k I believe. I've transferred and received that much in a week many times.

Basically when you're getting paid back and Party is not your main playing home- but yes I can get raked hands in.

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If you're reasoning is that you're transferring on Party so that the person you're staking can play on another site, like I said before why would Party possibly want to provide a service to you in order to facilitate you going to their competitor? This move by Party is a wonderful business move, and a wonderful move in order to protect themselves.

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I didn't say it was unfair of them to do this, just a nuisance to some of us.

[Reef]

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Don't forget those getting and paying rakeback and using Party as a vehicle for this.

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Fwiw, as of right now and the past year and a half I don't have any RB.

People will just use other sites for this now. Though there is an unspoken playing requirement, it's considerably less than 25%.