Site bankrupt

sickpuppy

Just curious does anyone have experience of a site going busto while they still had money on it?
Basically i checked my emails this morning and my rake back affiliate said
a big company on the microgaming network prima has gone bankrupt it says they owned 25rooms on it and get my money off there quick.
Up until last week i had a five figure sum on there thank fcuk i withdrew it this week.
However i still have cash on it and am due about 900 in rakeback and 400 dollars in points for cash.
I probably have two chances of getting this slim and none has anyone else suffered this here?
The site was on was rednines.com.
Any help appreciated thanks.

Ste05

I played on a Pokerroom skin a while back, as did a few boardies (can't remember the name now, maybe others will), it went belly up and there were problems getting money off the site for a few weeks, but everyone was sorted in the end. But I genuinely think the only reason we all got our money back was because they were heavily tied up to a huge Affiliate, who guaranteed our money should the site not give it back.

bohsman

http://www.rednines.com/ Not sure what to make of that statement. they are also not allowing new memberships or allowing the site to be downloaded

Dear players,We have noticed that there are a lot of rumors concerning the company operates RedNines on their payment- and license platform. These rumors are based upon information received through uncertified sources.

We have as of yet not heard from this company and have not spoken with Microgaming about the situation.

We are now working on getting in touch with the right people to answer our and your questions that arise from this situation.

We will keep you posted,
The RedNines Team

sickpuppy

Well the statement does not sound to promising.
The email i got was from my rake affilate rakebacklovers not a huge company like raketherake.
I have tried to withdraw the money in my account and it says its pending so maybe it will come but like a few quid im owed by degenrates in town
im resigned to losing it.

jtsuited

didn't dutch boyd's site go bust a few years ago? and there was some furore over him not ever giving back money to people who had lost it.

Lafortezza

jtsuited wrote: »

didn't dutch boyd's site go bust a few years ago? and there was some furore over him not ever giving back money to people who had lost it.

pokerspot I think, he stole moniez basically.

jtsuited

lafortezza wrote: »

pokerspot I think, he stole moniez basically.

that was it yeah. i remember when i first joined boards googling about him and realising there were a lot of people very very unhappy with the man.

cooker3

Yeah what happened with pokerspot was back then there was no really flagship e wallets such as neteller, moneybookers etc and lot of shady companies. Eventually 1 of them was taking peoples monies and going to disappear with it, he knew this to be true and still said deposit your money and all is well.

As for here, the notice doesn't look too promising tbh. I was looking at them as well, dodged a bullet there.

BIG-SLICK-POKER

Does this Include BoyleSports and Ladbrokes ???

bohsman

BIG-SLICK-POKER wrote: »

Does this Include BoyleSports and Ladbrokes ???

Theyre on microgaming but doubt theyre owned by red9s.

Macspower

does microgaming have any security held as the network etc?

I often wondered this when playin on some of the smaller sites on a large network... who keeps the money the skin or the network? if the skin goes does the network pay or is your money gone?
Is there any guarantee from the network or is it totally seperate?

Mac

Shortstack

Macspower wrote: »

does microgaming have any security held as the network etc?

I often wondered this when playin on some of the smaller sites on a large network... who keeps the money the skin or the network? if the skin goes does the network pay or is your money gone?
Is there any guarantee from the network or is it totally seperate?

Mac

It depends on who it is. Some skins hold the money themselves and some use a third party.

GJP accounts are looked after by Bluesq, we do not have access to any players money, if we were to go bust for some reason your money would be perfectly safe and accessable.

This crowd ran an unsustainably high rakeback scheme on most of their skins which meant their margins were very small and quite possibly a lot of players who moved money around a lot could have cost them money even if they were massive rakers.

jayteecork

bohsman wrote: »

Theyre on microgaming but doubt theyre owned by red9s.

Think Ladbrokes started on Microgaming but have their own network now.
They still use the same software but any player you come across while on Ladbrokes will be using Ladbrokes software as well (I think).

Ladcrooks suck anyway, awful customer service and for some abysmal reason you can deposit with a laser card and not withdraw to it.
You can't withdraw via paypal either and your only option is to pop into the shop. I used have awful trouble in there while they rang HQ.
Eventually your man in the bookies told me to leave Ladbrokes poker as they're giving me the runaround. If there staff are recommending I leave them that says it all.

Rb

http://forumserver.twoplustwo.com/showthread.php?t=141341&highlight=Battlefield&page=1

Thread on 2+2 about this atm. Have my BR on Battlefield, so this is really fcking annoying.

Edit:

A list of all those affected
Battlefield Poker, Royal Card Club, Red Nines, Arctic Poker, Raw Poker, Poker.ie, Daily Poker, Flush Draw Poker, Will Bet Poker, Bet Road Poker, Grand Central Poker, Off The Rail Poker, Privy Poker, Berserk Poker, Atomik Poker, Dave's Poker Room, Hetman Poker, Hot Pepper Poker, Poker Seas, TilttAA Poker, Loose Games Poker, CPT Gaming Poker, Ice Bear Poker, GoHard Poker, Caya Poker, Mr Urban Poker, Poker Sweden, Euro Poker Dream

sickpuppy

Ya shortstack is right rakeback was 55% plus reload bonus plus points for cash no wonder the fukers have gone to the wall.
Cheers for link rb must ahve a look now.

phantom_lord

can't remember what % it was, but my friend was definitely offered an even better deal than that by an affliate of battlefield.

LuckyLloyd

This post has been deleted.

Macspower

just realised it also includes BP where I have a few bob....

under the matress is where the BR is going soon....

cant leave it on sites... told not to leave it on neteller..... it i leave it somewhere in $$ Bush is chipping away at it

phantom_lord

LuckyLloyd wrote: »

:eek:

at least it's only dollars and not real money!

Macspower

LuckyLloyd wrote: »

:eek:

i was just reading this..... he seems amazingly calm?

Ste05

LuckyLloyd wrote: »

:eek:

If that's half his lifetime earn, it's just mental to leave it all on one site like that. Unless he's playing 200/400 it's mad to leave it on one (pretty small) site like that. Although I doubt he's playing 200/400, unless he has no BR managament, and even if he's playing 25/50 or 50/100 there's no need to expose himself to that kind of risk.

It continues to amaze me how dumb alot of these high stakes players are with regards to their money and security, maybe they're all just naive kids, but seriously WTF!

Rb

Ste05 wrote: »

If that's half his lifetime earn, it's just mental to leave it all on one site like that. Unless he's playing 200/400 it's mad to leave it on one (pretty small) site like that. Although I doubt he's playing 200/400, unless he has no BR managament, and even if he's playing 25/50 or 50/100 there's no need to expose himself to that kind of risk.

It continues to amaze me how dumb alot of these high stakes players are with regards to their money and security, maybe they're all just naive kids, but seriously WTF!

From what I've seen while playing there, he regularly multi-tables 50/100 and 25/50. It's a lot to be leaving on the site alright but at least he's withdrawn over 100k of his roll I suppose.

Zab

I think that Battlefield, Royal Card Club, Red Nines and Arctic are the biggest in the list by a fair bit (this is mostly deduction on my part) and should be in the title of the thread. I only opened this out of curiosity, and I can't believe this started two whole days ago. Not that finding out sooner would change anything.

I really don't see this as having anything to do with RB. The sites offering RB weren't even owned by Tusk, and it's Tusk that's gone into liquidation. I'm pretty sure it would be a good thing if this was due to RB, as I imagine that MG would be forced to step up in that case.

I figure that the best chance of recouping funds will if MG basically come to the rescue. If people do end up getting screwed over here it would be terrible press for MG, and I'm sure they're aware that there would be repercussions.

Anyway, this is obviously bad news for everybody connected with online poker. I see that poker.ie is on the list, and I'm pretty sure somebody from there used to post here.

Rb

Zab wrote: »

I think that Battlefield, Royal Card Club, Red Nines and Arctic are the biggest in the list by a fair bit (this is mostly deduction on my part) and should be in the title of the thread. I only opened this out of curiosity, and I can't believe this started two whole days ago. Not that finding out sooner would change anything.

I really don't see this as having anything to do with RB. The sites offering RB weren't even owned by Tusk, and it's Tusk that's gone into liquidation. I'm pretty sure it would be a good thing if this was due to RB, as I imagine that MG would be forced to step up in that case.

I figure that the best chance of recouping funds will if MG basically come to the rescue. If people do end up getting screwed over here it would be terrible press for MG, and I'm sure they're aware that there would be repercussions.

Anyway, this is obviously bad news for everybody connected with online poker. I see that poker.ie is on the list, and I'm pretty sure somebody from there used to post here.

Yeah the owner of Poker.ie (and his brother) are both boardsies.

It started on Wednesday, I couldn't get seated at any cash table or register for a tournament. Sent Battlefield an email and got this back

Dear Richard,

Thank you for contacting Battlefield Poker.

There is no issue with your account. We are experiencing a site-wide technical issue which has affected our poker rooms, casinos, player logins and player ability to deposit.

I apologise for the inconvenience, as I cannot say for sure when it will be fixed, but we are aware of the glitch and are working hard to resolve it as soon as possible. Thank you for your patience.

Please do not hesitate in contacting us if you have any further questions or comments. The tracking number for this issue is LTK14401680230X.

Kind Regards

Tania

Battlefield Poker Support


Now, they obviously downplayed the problem at the time which is quite annoying as I'm wondering had I requested a withdrawal right then and there would it have gone through.

I'm hoping MG come to the rescue on this.

Zab

rb, from the posts of the site reps on 2+2, it seems that the sites themselves weren't initially informed of any of this. So, from their point of view it may well have looked like it was a technical glitch. That said, my client is still saying something about technical problems.

Oh, and I'd say that there would have been an approximately 0% chance of withdrawal going through at that stage anyway

RoundTower

ugh I think I have money on poker.ie, though I havent played there in ages. Wonder if those guys will have anything to say in this thread.

Macspower

I got some promising news from Battlefield poker...

I dont have a lot of money on there anyway but still nice to get it.


**BattleField Poker Players Information**
UPDATE:We have secured a new offer with another Prima skin,
in the event Battlefield does not return.
We will wait to make the offer public until we have the official status of Battlefield.
At this time, we have nothing new to report.

Please note that your money within Battlefield is secure.
We encourage you to be patient with this situation.
In the mean time, feel free to sign up at any other site, while the situation unfolds.

Rb

Macspower wrote: »

I got some promising news from Battlefield poker...

I dont have a lot of money on there anyway but still nice to get it.


**BattleField Poker Players Information**
UPDATE:We have secured a new offer with another Prima skin,
in the event Battlefield does not return.
We will wait to make the offer public until we have the official status of Battlefield.
At this time, we have nothing new to report.

Please note that your money within Battlefield is secure.
We encourage you to be patient with this situation.
In the mean time, feel free to sign up at any other site, while the situation unfolds.

Yeah I saw that on the rb site earlier too.

They posted This on 2+2 too.

Shortstack

rb_ie wrote: »

Yeah I saw that on the rb site earlier too.

They posted This on 2+2 too.

I think that this is referring to the rb affiliate having found a new partner. That;s how I read it on 2+2 anyway.

cooker3

Shortstack wrote: »

I think that this is referring to the rb affiliate having found a new partner. That;s how I read it on 2+2 anyway.

Me too

Rb

Oh it is, it's just posted by the owners of the site that Macs got the other statement off.

Macspower

I took the statement from 2+2 but the bit about finds being secure is promising... I hope you guys with your rolls sitting on it will get sorted soon..... I have less then 500 on it so not the end of the world

Cianos

Hi all,
I run Poker.ie, I got a PM asking if I could comment on this thread about the issue, but as I said in the PM I haven't received any further official info than what is already known. I will keep you guys updated as soon as I hear more. Like the rest of the skins, our players funds are handled by our operators so I don't have access to players bankroll info but feel free to PM me and I'll do my best.

Regards
Cian

Ste05

rb_ie wrote: »

Yeah I saw that on the rb site earlier too.

They posted This on 2+2 too.

I would have a HUGE amount of faith in that Affiliate, they are the ones I referred to in my post above, if they say they'll guarantee your money, they will. Obviously only for their players though.

shoutman

****balls, it aint allowing me redeem the legitimate 30% rb that I should get through the battlefield poker client itself.... its all well and good getting the official balances of your account back but what about the unclaimed rakeback... It just says to contact support, presumably support are on holidays considering they are probably inundated with emails.

WECpoker

I have had a lot of experience with Microgaming/Prima Network Poker. While I have always belonged to rooms associated with the Fortune Lounge Group (Royal Vegas, 7 Sultans, PokerTime and 9 Online Casinos), I have paid close attention to Microgaming and how they handle some of these smaller suspect rooms they have always had (not to say these were all that small).

I have had an account almost since they started poker.

The bad news---The way it is set up, Microgaming has no legal liability to pay off accounts lost on skins that go bad as they are all responsible for individual back room operations (its why I always recommend Fortune Rooms as they are the largest--and of course Doyles Room would make sense to me)

The good news--Previously when a similar situation occurred (smaller though I think), Microgaming stepped up and covered the players accounts (not sure what happened to Bonus amounts --would be up in the air Im sure).

SO good luck to you guys--but I think based on the negative press, Microgaming will be covering these accounts

It is business as usual on the Skins I play on

jtsuited

i see poker.ie have ended up getting shafted by this also. dissappointing to see.

edit: i see i also missed a post earlier stating this. my bad.

Zab

Ste05 wrote: »

I would have a HUGE amount of faith in that Affiliate, they are the ones I referred to in my post above, if they say they'll guarantee your money, they will. Obviously only for their players though.

Frankly this idea is laughable. There's no way an affiliate could guarantee your deposits on a poker room. I also think it was irresponsible of rakeupdate to say that battlefield accounts were secure when battlefield were saying that they didn't know.

Ste05

Zab wrote: »

Frankly this idea is laughable. There's no way an affiliate could guarantee your deposits on a poker room. I also think it was irresponsible of rakeupdate to say that battlefield accounts were secure when battlefield were saying that they didn't know.

I'm not getting into it, but some Affiliates are huge, certainly much bigger then Battlefield Poker and could guarantee their own players. They've guaranteed monies before and made sure monies are paid. All they are guaranteeing is money of their own players, not every single rednines account.

EDIT: For disclosure purposes, I am a sub-affiliate to rakeupdate.com. So I probably am slightly biased, but they're not some run of the mill affiliate, they are one of, it not, the biggest affiliate around, so this isn't some rinky-dink affiliate that you may be talking about. They've been around for years.

RE-EDIT: I just read it again, and they're not actually guaranteeing the money, just saying it's secure, whether or not this is the case remains to be seen. But I'd be surprised if they were saying that unless they were fairly sure.

Zab

Ste, I can agree that some affiliates may be bigger than some skins, but the idea that an affiliate would/could guarantee player accounts on a skin just doesn't work ... it simply isn't a feasible formula.

FWIW I never read them as saying that they were guaranteeing the player accounts. WRT to them saying the money is secure, there's nothing I've read that would give me the idea that anybody at rakeupdate could know that. However, most companies respond to this sort of thing with a nothing to see here, everything okay attitude at first (see AP scandal).

dannydiamond

I can't see microgaming themselves covering any money voluntarily they are a tight fisted scabby bunch.

eoin-dubh

my mum warned me not to play with dodgy skins,....