Beware of Absolute Poker

[trader01]

[ QUOTE ]
I'll save him the trouble.

1) deposit money from a credit card.
2) request a full cashout.
3) contact credit card company to refuse payment on original deposit.
4) calculate your profit.

Wake up and smell the coffee. Maybe you are too innocent to realize how many people try this crap?

ED: Disclaimer, I'm guessing this is how it's done. Isn't it this simple?

[/ QUOTE ]

I'm guessing that this won't work after a few weeks/months have passed - not to mention that the company could come after you, although I can see how they might not bother. In any case, it doesn't explain why they wouldn't just issue a refund back to the same card - they could launch a complaint with the CC company if they issued a refund and the customer cancelled the initial charge. Pretty simple, I would think... especially since proof of the refund would be on the CC record.

[cardcounter0]

[ QUOTE ]
I'm guessing ...
I would think ...

[/ QUOTE ]

Oh, boy. Oh, boy, Oh, boy. I can't wait until you open up your poker site!

[adanthar]

trader01,

this post is well and good but you're not convincing anyone here, because frankly, a good chunk of us would rather fax in 6 forms of ID before every cashout and the rest don't give a damn.

also, it's hysterical that people trust a poker site with all of their personal and financial information and link bank accounts/credit cards to it, but then always balk when it comes to their SSN or (omg no) their credit card that they already gave the site once in the first place.

[trader01]

[ QUOTE ]

Most sites allow you to clock out all but the first 4 and last four digits.

There is another reason you wont send in your info

[/ QUOTE ]

The main reason is that it's a hassle, and I shouldn't have to do it just to get a refund put back on the same card. Nobody on this site or anywhere else has yet explained to me why I need to provide anything just to get that money put back where it came from. The closest thing was the idea that that I could decline the charge, but that doesn't make a lot of sense and in any case they would require the security check of everyone who deposited through CC if it was the answer, which is not something that they do.

All I was looing for was a SPECIFIC explanation as to why they need this information and how my actions could construe something illegal, and NOBODY has provided it. I don't trust a site that can't explain their actions, and the answers they gave me sounded ridiculous (when they bothered to give any at all). Certainly they haven't explained why they won't release the money for me to use at their site, in any case - that's something that REALLY makes no sense.

[trader01]

[ QUOTE ]
also, it's hysterical that people trust a poker site with all of their personal and financial information and link bank accounts/credit cards to it, but then always balk when it comes to their SSN or (omg no) their credit card that they already gave the site once in the first place.

[/ QUOTE ]

That's the point - I DIDN'T give them my CC info, I gave it to their independent 3rd party CC processor. Now they want it too. In any case, do as you will... I haven't had these types of problems at other sites, and their customer service has been a lot better, so I will just play there. All I ever asked them for was a decent explanation for why they needed this to refund my money to the same CC, and got NOTHING but vague responses and evasion in return.

[cardcounter0]

[ QUOTE ]
I DIDN'T give them my CC info, I gave it to their independent 3rd party CC processor.

[/ QUOTE ]
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STOP! Yer killin' me.

[PrimogenitoX]

I have deposited and cashed out hundreds of thousands of dollars worth of transaction at absolute over the past 2 years with no problems and currently have a 5 figure balance on the site. OP is a douchebag.

[MiltonFriedman]

1. Not everyone is as honest as you. Some people use fake or stolen VISA cards to make deposits. A site accepts a deposit and gets certasin information, which it then corroborates thru a variety of means. You are very mistaken if you think that a site does NOT check everyone who deposits at some point.

2. Why you cannot play ? If the information they get from third parties either cannot confirm what you told them or there is a conflict, the site WILL ask you for further verification before letting the chips you purchased on credit circulate. Simply put, they are the guarantors of those chips to other players; it is not unreasonable to ask you to correct or provide corroboration for information furnished at the time of purchase.

3. One of the MAJOR benefits Neteller had for sites was that the sites were indemified againsy customer fraud in deposits. That is no longer available for the US/Canadian markets. Verification might seem like a comparative pain in the ass to you, but consider having to drive however many miles whenever you want to play poker.


4. VISA as a general rule does NOT allow a gaming merchant to refund money back to the card used. (That WAS permitted like 4 years ago, but as a general rule, not currently.) THAT is why the sites are issuing checks as payments for cashouts.

[italianstang]

[ QUOTE ]
[ QUOTE ]

Most sites allow you to clock out all but the first 4 and last four digits.

There is another reason you wont send in your info

[/ QUOTE ]

The main reason is that it's a hassle, and I shouldn't have to do it just to get a refund put back on the same card. Nobody on this site or anywhere else has yet explained to me why I need to provide anything just to get that money put back where it came from. The closest thing was the idea that that I could decline the charge, but that doesn't make a lot of sense and in any case they would require the security check of everyone who deposited through CC if it was the answer, which is not something that they do.

All I was looing for was a SPECIFIC explanation as to why they need this information and how my actions could construe something illegal, and NOBODY has provided it. I don't trust a site that can't explain their actions, and the answers they gave me sounded ridiculous (when they bothered to give any at all). Certainly they haven't explained why they won't release the money for me to use at their site, in any case - that's something that REALLY makes no sense.

[/ QUOTE ]

Drive to casino.
Purchase chips with cash.
Play poker.
Cash out chips to cash.
Go home, very little hassle, problem solved.

[trader01]

[ QUOTE ]
1. Not everyone is as honest as you. Some people use fake or stolen VISA cards to make deposits. A site accepts a deposit and gets certasin information, which it then corroborates thru a variety of means. You are very mistaken if you think that a site does NOT check everyone who deposits at some point.


[/ QUOTE ]

So why exactly then is a security check required to send a bank draft to the same name and address as is on the credit card? If I stole joe somebody's CC, how am I making money off of him by taking cash off the card, depositing it on a site, and then sending him a bank draft in his name to his home address?

[ QUOTE ]

2. Why you cannot play ? If the information they get from third parties either cannot confirm what you told them or there is a conflict, the site WILL ask you for further verification before letting the chips you purchased on credit circulate. Simply put, they are the guarantors of those chips to other players; it is not unreasonable to ask you to correct or provide corroboration for information furnished at the time of purchase.


[/ QUOTE ]

Interesting... except that they already let me play when I deposited and were already responsible for those funds. So that explanation makes no sense.

[ QUOTE ]

3. One of the MAJOR benefits Neteller had for sites was that the sites were indemified againsy customer fraud in deposits.

[/ QUOTE ]

Yes, and I am STILL waiting on a reasonable explanation for how depositing with someone else's CC and then getting a bank draft sent to that person's name and address can somehow constitute fraud against that person. I'm dying for an explanation on this.