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Huge Payout Problems For Players on Win Cake

Friday May 23,2014 :  POKER PLAYERS LAMENT PAY-OUT PROBLEMS AT WIN CAKE
 
Reports that some players have waited for up to a year for legitimate pay-outs.
 
Win Cake, the online poker site formerly trading under the Cake Poker brand, looks set to match or surpass Lock Poker for the title of worse paying online poker room, with some players complaining on the forums that they have waited for up to a year for payment.
 
The online poker information site 4Flush reports that it has monitored the situation for the past six months and if anything the problems appear to be worse.
 
4Flush's reportage is confirmed by many player posts on the popular twoplustwo and other forums, several reporting that only small percentages of large amounts due have been paid, others complaining of agonisingly slow pay-out processes, and some players alleging no payments at all over extended periods.
 
Like Lock Poker, the situation has spurred some desperate players to offload their positive account balances at Win Cake at a discount, and 4Flush reports that the latest rate is a paltry 19 cents on the dollar...if they can find someone to take the money even at those rates.
 
Because Win Cake does not accept US players, the legal and payment processing problems inherent in that part of the world cannot be used as an excuse by the operator.
 
In 2012, prior to its change of name, Cake Poker moved its U.S. players to the Juicy Stakes site, and slow-pay complaints soon mounted, 4Flush notes. Almost a year later, Juicy Stakes was acquired by Zagox Management and pay-out problems encountered by US players were resolved.
 
Win Cake operates on the controversial and apparently declining Revolution Network, which is US player-friendly despite Win Cake's policy of not accepting US player action.
 
Win Cake has thus far kept a low profile on the pay-out problem, offering no explanation.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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