Millions in Player Balances Owed by Lock Poker

lockpoker-200x80Lock Poker has been the subject of many poker articles over the past few months, with cashout problems dating back over a one year time frame. Players are desperately seeking payment from their online poker accounts, with no payment in sight. It has been unclear as to how much is actually owed and how many players are affected by Lock, until now. According to information gathered by a TwoPlusTwo poster, Lock Poker owes players more than $3 million in pending payouts, with many players having waited over a year for payment.

IHasTehNutz is a poster at TwoPlusTwo poker forums and used information provided by players to determine how much money Lock actually owes members. The user-submitted information was gathered and compiled to determine that almost $3.2 million is due to players since May of last year.

The report shows that 394 players are due varying amounts of cash, with many having waited over one year for a payout to take place. The report shows that more than 200 players are owed more than $2 million total and almost an additional $2 million is due to players who are based outside of the US.

Everythingpokernj.com reported this story and complied the information provided by IHasTehNutz which showed that the last payout reported by a member of Lock was in April of this year. Out of the 394 players, 340 players have waited at least a year’s time or more to receive a payout from the online poker site. Waiting a minimum of 500 days are 193 players with 18 players having waited 600 days or more for their cash.

For players based outside of the US, the last player to see a payment was in November of last year, which is almost one year ago. Gathering the payout information, IHasTehNutz was able to determine that Lock Poker completed 12 payouts in 2014 and 232 in 2013, from May of December of the year.

The forum poster started to collect the information in August of this year and reported his findings to the public last weekend. According to the Everytingpokernj.com report, many players feel as though Lock owes more than the amounts found by the forum poster and owes not only players but the Revolution Network as well.

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