Internet poker does not generally hit mainstream press very often, but the Bet365 Poker fraud became one of the exceptions. Even though it does not exactly bode well for on line poker that mainstream followers are now being confronted with Bet365's malpractices, it's still quite interesting on the other hand.
Just looking at media head lines from the past couple of days, Holdem poker Journal, Fraud Watch along with the Arkansas Telegraph Magazine were just a few huge media agencies covering the Bet365 Poker rip-off which is currently being labeled a ponzi scheme.
As expected, whenever a multi-billion business starts circumventing the strategies of a typical business and putting players money in danger, the scenario is likely to end up being huge news. This just isn't to imply that Bet365 Poker had no purpose of paying poker players back when these people requested cashouts, but the even larger concern is that they lied to them regarding how much cash was being kept.
Additionally, those at the top of the company were taking thousands and thousands of us dollars out to fatten their own wallets, instead of keeping players' money in the actual organization where it belonged. One of the many examples that this scam has boomed to epic proportions is the fact that many people transferred funds in to Bet365 Poker employing their PayPal account. The actual transfer went perfectly and was credited to the gamblers account.
The dilemma occured after the players logged in to start gambling when a browser window suddenly popped up saying "Your Account Have Been Closed Due To Safety Issues".
Obviously players went haywire and claimed their money back immediately but the only response from the Bet365 support was: "Regrettably We can't repay the cash until you send security papers like Photo Identification, proof of address to us".
Melarcus, one amongst the numerous online players affected, told us "Just what sort of company is this...honestly??".
He goes on "These people authorized the deposit within seconds but when logged in this message that account was shut down simply pops up", "I thought ok no problem, I will proceed to another internet poker network and so I called their support who told me, we can't repay you before sending in all security written documents is provided...I mean, seriously, i didnt play a single game of poker before they took my cash and closed down the account."
We have received hundreds of e-mails with very much the same stories on the Bet365 Poker Fraud, that they'll close players account right after a validated deposit were made.
