Poker Stars Update......

poolhustler

poolhustler

AzB Silver Member
Silver Member
Just received this email from PS. Anyone else get the same thing??


"Hello xxxxxxxx,

We were very pleased to receive the news that allows US players to cash out their real money balances.

In response to this update, the Cashout Option in the PokerStars Cashier will be temporarily unavailable to allow us to prepare the technical solutions and formulate the plan and processes required to allow you to cash out your balance.

In the interim, any pending cashouts have been returned to your account in order to ensure players have the opportunity to cash out orderly.

Please be assured, player balances are safe. We will notify all US and US territories players as soon as the Cashier is available again.

Providing you with the facility to cash out is our top priority right now, and hopefully all US and US territories players will be able to cash out via the PokerStars Cashier in the near future.

If your account balance is over 4000 USD you will be required to send documentation at cashout stage. In order to avoid delays at that time we kindly ask you that you scan and email in advance the following two documents to security@pokerstars.eu:

a) A clear photocopy of your government issued photo ID (front and back).

b) A copy of a recent utility bill or bank statement clearly showing your full name, current address and statement date (no older than 3 months).

Please ensure that you clearly state your UserID. If you have already provided the above documents in the past, you are NOT required to send these again.

We apologize for the temporary delay, and sincerely appreciate your patience and cooperation as we continue working towards providing you with a solution to cash out.

Regards,

PokerStars Security
 
You can now cash out on Pokerstars. There may be a delay of course to the volume of cashouts, but you can cashout at least.
 
No this is a way for the gubmint to come after monies period...

Spimp13 said:
You can now cash out on Pokerstars. There may be a delay of course to the volume of cashouts, but you can cashout at least.
Click to expand...

Anything over $4000 requires enough information for uncle sam to come and confiscate it all under the auspices that you were illegally engaged in online poker. Then they'll fine you in addition to the confiscated monies etc..

I would just accept the loss and or try to take it out in 3999 increments if I had money in pokerstars...

Jaden
 
Jaden said:
Anything over $4000 requires enough information for uncle sam to come and confiscate it all under the auspices that you were illegally engaged in online poker. Then they'll fine you in addition to the confiscated monies etc..

I would just accept the loss and or try to take it out in 3999 increments if I had money in pokerstars...

Jaden
Click to expand...

I was referring to at least under $4K in my post ;). Good luck to everyone getting their dough. Let the fun begin.
 
Pjurcia said:
I have 1 question.

The last time I deposited money into my PS account, I played with and lost $100. A few days later, the bank rejected the deposit. So, that left me with a -$100 balance in PS. How do I send money to PS if they won't accept any more deposits from US banks?

Or should I not worry about paying the $100 back??
I don't want this to be reported on my credit report to a collection agency.
Click to expand...

Great question, weird scenario!!

Have they asked you for the money in any way?

If so, I believe they would be breaking the law.

Anyone else has info on this one?
 
maybe I'm just a bit paranoid.....but in this day and age of identity theft, I'd be damned carefull about sending photocopies of ID's and other such requested info. Looks like a great opportunity for someone to gather info to replace funds that will be soon unavailable due to the crackdown by the feds.......Dan
 
I cashed out just now. Only had a small amount in my account.

As soon as I received the PS email confirming my cash out, I also received about 6 spam emails.

Anyone else experience this?
 
Thanks man, just cashed out! Now I just have to wait for FT and UB to open up so I can cash out there as well. Luckily I stopped playing actively a few months ago and only had less than $1000 between the 3 sites so no extra documentation needed...
Scott
 
this is a oppertunity to start a good scam,


If you had the emails of their players, send them a email instructing them to transfer $$$ to a trust account, dollar for dollar. So if someone wants to cash out $2500-instruct them to wire $2500 to the holding account(to show good faith) and then promise them in 10 biz days 100% or $5000 would be returned to them. The reason for matching funds is to validate they are actual customers and a few other reasons I need some time to think of other reasons/words to make it sound all official and neccessary they match what they want to with draw. And make it clear if they dont they get nothing back-taking away their $$$ a second time will push them into the matching funds program. Thats referrred in the biz as the take-away pitch. Give them the chance to get (what ever it is) then take it back if they dont produce some $$$. Car dealers do it all the time "The car is really sold the other guy forgot his check book and went to get it, but i'll sell it to you now before he gets back if you want it." Thats more a pressure pitch, but you are still taking that car away from the mark in their minds. the take away pitch is the strongest pitch ever, the second example is a lite version of the take away pitch.


This is a hanger of a scam, its better than the disaster relief scams. The greedier they are the harder they fall.


I bet 10%-20% of the players would fall for this scam, set up the trust account in the cook islands, grab the $$$ and leave.

if you got caught you would get 20 years, back when I was a con in 93 you might have got 3 years for this kind of thing. I cant fade 20 so i'm gonna pass and i been a square for 15 years, i'm keeping it that way.



I saw on 2+2 so many dumbass's who were using their poker accounts instead of their banks, they gradually over time just stopped normal banking and left it all in their poker account and would make one withdrawl a month to cover their nut.

If they are that stupid to use poker sites as banks; the matching funds to get a refund scam would work lke magic. Boy could that ever be a score, desperate people do desperate things. And the thought of losing their $$ twice would make them go nuts.


I never did anything this bad in my life(not even close), so dont point fingers at me, I cant help it my brain comes up with things like this, some people can play the piano others are cons. Or retired cons like I said I been square since 96.
 
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poolhustler said:
Just received this email from PS. Anyone else get the same thing??


"Hello xxxxxxxx,

We were very pleased to receive the news that allows US players to cash out their real money balances.

In response to this update, the Cashout Option in the PokerStars Cashier will be temporarily unavailable to allow us to prepare the technical solutions and formulate the plan and processes required to allow you to cash out your balance.

In the interim, any pending cashouts have been returned to your account in order to ensure players have the opportunity to cash out orderly.

Please be assured, player balances are safe. We will notify all US and US territories players as soon as the Cashier is available again.

Providing you with the facility to cash out is our top priority right now, and hopefully all US and US territories players will be able to cash out via the PokerStars Cashier in the near future.

If your account balance is over 4000 USD you will be required to send documentation at cashout stage. In order to avoid delays at that time we kindly ask you that you scan and email in advance the following two documents to security@pokerstars.eu:

a) A clear photocopy of your government issued photo ID (front and back).

b) A copy of a recent utility bill or bank statement clearly showing your full name, current address and statement date (no older than 3 months).

Please ensure that you clearly state your UserID. If you have already provided the above documents in the past, you are NOT required to send these again.

We apologize for the temporary delay, and sincerely appreciate your patience and cooperation as we continue working towards providing you with a solution to cash out.

Regards,

PokerStars Security
Click to expand...
I received the same email
 
Pjurcia said:
I have 1 question.

The last time I deposited money into my PS account, I played with and lost $100. A few days later, the bank rejected the deposit. So, that left me with a -$100 balance in PS. How do I send money to PS if they won't accept any more deposits from US banks?

Or should I not worry about paying the $100 back??
I don't want this to be reported on my credit report to a collection agency.
Click to expand...

Pat, you most likely won't have to worry about that for a great while. When and a big IF you are able to play for real money again on PS you will have to bring your account up to date which means deposit more than the $100 to have any funds available...i.e. deposit $120 to have $20 to play. When was the last time you tried to deposit? Your bank may or may not let you do it this way again due to it being rejected the last time.
 
I had a small amount to withdraw or a bit under $100 so what you are seeing may be for people trying to withdraw over that $4k. I use echeck and did not get any spam mails, not even in my junk mail. I only received the cashout request. Time will tell how this goes.
 
3andstop said:
Question for you. When you register to use echeck, do they ask for your SS# ?
Click to expand...

I know this wasn't intended for me but to answer your question, all you need is your routing number and account number. no ss# is required
 
I think I'm waiting until after the first wave of people cash out, and if no disaster stories happen on 2+2, then i'm cashing out. but.... I am reporting what I get from them (less than $500) on my taxes next year, it grinds me that I have to, but i'm not gonna be that shortsighted...
 
This is the emial i received after cashing out.........

Cashout request time: 2011/04/26 17:07 PT

Cashout amount: USD x,xxx.xx


A check for USD x,xxx.xx will be issued.
Credit transaction #...............

The check will be issued by our payment processor, NOT by POKERSTARS. If you have any questions or require further clarification please contact the customer support number detailed on the check. Alternatively, you may contact "PokerStars Cashier" <cashier1@pokerstars.eu>

Please allow up to 72 hours for cashout processing.

Note: USD Checks will be delivered by regular mail and are expected to arrive within 15 business days. We strongly recommend that you deposit your check at your bank and avoid using check cashing stores.

Your PokerStars Account Information:
Name: ..................
Email: ..................
User ID: ...............

If you have any further questions regarding this transaction, please contact "PokerStars Cashier" <cashier1@pokerstars.eu>
 
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