While the poker industry is extremely lucrative, the market is exceptionally competitive and there are a large number of online gambling companies fighting for survival. Lock Poker did reasonably well for a certain period of time but the last 18 months, the company has managed to upset players, delay payments and create an extremely negative reputation in the industry.
Lock Poker started gaining negative publicity because it started to delay and hold payments to players. While the company has asked players to be patient with its payment schedule, players on various forums have reported that it takes anywhere between 8-12 months for a single payment to occur.
The popular Two Plus Two forum states that Lock Poker owes more than $1 million to its members who were former Lock Poker players.
There are numerous complaints from Lock Poker players across various forums citing the slow payout process from Lock Poker and say that they have lost hope in recovering the amount that is due to them. These negative comments have affected Lock Poker in the long run and the site gets only around 60-80 visitors. With these low numbers, it is hard to imagine how Lock Poker will revive its business and clear the pending dues of its players.
These numbers are expected to fall considerable as a Google search on Lock Poker reveals that numerous player complaints on poker forums, affiliate warnings, an official Lock Poker forum that is now shutdown and online blogs and social media posts that advise poker players to stay away from Lock Poker.
In the past, Lock Poker used to communicate with its players and ask them to be patient with payouts. However, the company has stopped communicating and the last tweet it released was nearly six months ago. Players who complain about slow payouts, receive a standard response asking them to be patient. Lock Poker has not shutdown its operations and is still looking to receive deposits.
Players who do not take the time to research Lock Poker and signup on the spur of the moment, run a high risk of never being able to recover their deposits. Lock Poker is not helping the online gambling industry as one of the main reasons online gambling industry receives so much flak is due to fraudulent companies. If Lock Poker does not turn things around in the near future, it will be forced to throw in the tower and wind up its operations.