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I would say that Merge wanted them to back up those crazy GTD they were offering, and there was no way they couldnt. Lock used them as there scape goat so they didnt loose 1 million dollars in 2 weeks, then Merge would have had to pay it.
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according to lock, this is false info , they also say they generate 40 percent of the merge players, lol
Now thats what i call false info, they are more like 20 percent -
this sounds like merge wants to expand and take their destiny into their own hands instead of having to answer to merge. They are the biggest skin and the most trusted skin. So they buyout cake and now can take control of things. I think this is a really good sign for non-regulated US poker because it shows that Lock is willing to invest in the Cake network. This also means that the cake network at present might be really cheap. This could also mean that Lock thinks the Merge network might have problems in the future.
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Here's PocketFives' feature article, which includes what we know so far:
http://www.pocketfives.com/articles/...Coming-587364/ -
Can definitely confirm that Cake are not acquiring Lock, and can also confirm that Locks players will continue to use the Lock cashier.
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Edited By: Rusemandingo May 7th, 2012 at 12:46 AMNo way in hell that Lock is the most trusted skin on Merge. Scandal after scandal and broken promise after broken promise.Originally Posted by darkhawk-200
this sounds like merge wants to expand and take their destiny into their own hands instead of having to answer to merge. They are the biggest skin and the most trusted skin. So they buyout cake and now can take control of things. I think this is a really good sign for non-regulated US poker because it shows that Lock is willing to invest in the Cake network. This also means that the cake network at present might be really cheap. This could also mean that Lock thinks the Merge network might have problems in the future.
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Are you nuts about lock. I dont think Merge has issues, I think Lock thinks people will follow, why in the hell would they. Pro's will be jumping ship, Cake has no liquity for U.S. players. And all the scandles they have, and the bad rep of the owner! If your a lock player you better get the money off asap! Put in on Carbon, Hero, or Rpm. There paying out of the U.S. banks, thats a huge no-no, so when they get Money siezed and such, or there crazy ideas of GTD tournaments when there maybe 20% of the network.
I bet anything that Merge wanted them to put the money up for there GTD in there lock series, and they dont have it. They said there numbers could carry it, please explain that. If you did have 40% of the network and the 250k maximus event was around 300k and your going to do a 500k 215 buy in, lol.
Players will be flying all over now. -
Lock manager says it's true and there will be a press release soon.
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Wow, a source with one post breaks the story
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LOL where do you guys come up with these theorys?
Originally Posted by mttgrinder90
I bet anything that Merge wanted them to put the money up for there GTD in there lock series, and they dont have it. They said there numbers could carry it, please explain that. If you did have 40% of the network and the 250k maximus event was around 300k and your going to do a 500k 215 buy in, lol.
Players will be flying all over now. -
I think its the most logical thing it could be. Please explain Jeff on your comment. I would love to here how Lock could cover a 500k GTD when the network couldnt.
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To get people to deposit and play of course. Its like the old car dealer trick, Always a fine print, but this one was just not going to happen either way.
I have a question then, how could they even think about putting up a GTD like they said, and cover it. Please give us some insight on that, your a team pro there. How does there math equal anything like they said. If they are really 40%( more like 20%) and todays 150 was over 100 players short, and there gonna do a 500k, lol -
exactly.
Originally Posted by hurricanejeff
why would they create the guarantee in the first place if they couldn't live up to it? wouldn't they just set it lower?
my opinion what ive gathered, lock is acquiring cake but staying on merge too, basically having a skin on cake...lock will have one cashier but have tourneys on two separate networks -
If they dont have the money to pay, dont you think that would put a huge black eye on the network. I cant believe anyone wouldnt ask for proof of funds before they put something on like this.
Ktx, how do you figure they could have covered those tournaments then. Would like to here a logical explantion on it -
They put up a guarantee because they can hit it, because lock is run by people who have the will to go above and beyond other skins. I find it very insulting that one of the only networks that caters towards americans you would accuse them of old car dealer tricks.
If they were going to fall short of the guarantee than Lock would eat that money and move on, its not like they were going to be 500k short....you have no idea what money the site does or doesn't have so why would you assume the worst? -
Originally Posted by mttgrinder90
If they dont have the money to pay, dont you think that would put a huge black eye on the network. I cant believe anyone wouldnt ask for proof of funds before they put something on like this.
Ktx, how do you figure they could have covered those tournaments then. Would like to here a logical explantion on it
I have seen your name quite a bit in the past month, it seems like all you do is troll all the threads without anything positive or constructive to say..C'mon bro really? -
theres definitely the whole issue of attracting new players, this would be like an investment in their own brand....big GTDs with small player pools would attract new players like ROW players many of whom are serious grinders who may bring over some long term action to the network.
also i think you are under estimating how many people would play sattys or take shots to enter such a big guarantee.....i really dont think the guarantees were unreachable, -
Edited By: mttgrinder90 May 7th, 2012 at 03:30 AMWell what would you call it. Im not accusing Merge, they did the right thing. Stopped a huge problem before it put a black eye on the network. Merge did the poker maximus, you don't think they did enough research on the entire network to put the GTDs. And one skin on the network is going to basically double the GTD's. Give me a break. Out of the $2 milliong in GTDS they would have had to come atleast 1.2 million short, going just off the numbers they give (40% of the network).Originally Posted by hurricanejeff
They put up a guarantee because they can hit it, because lock is run by people who have the will to go above and beyond other skins. I find it very insulting that one of the only networks that caters towards americans you would accuse them of old car dealer tricks.
If they were going to fall short of the guarantee than Lock would eat that money and move on, its not like they were going to be 500k short....you have no idea what money the site does or doesn't have so why would you assume the worst?
And Hurricane, Im not accusing the network, Im accusing Lock!
So your saying every player on the network would just switch to Lock, and they would get about a 200% increase on new players after the entire network switched over. Come on KTx you alot smarter than that statement.Originally Posted by ktx49
theres definitely the whole issue of attracting new players, this would be like an investment in their own brand....big GTDs with small player pools would attract new players like ROW players many of whom are serious grinders who may bring over some long term action to the network.
also i think you are under estimating how many people would play sattys or take shots to enter such a big guarantee.....i really dont think the guarantees were unreachable,
Reason: grammer -
Have no idea where Lock is money wise. All I have done is ask you or KTX a question on how can they figure they could ever reach that goal on GTDs if the Network couldnt do it.
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i'm not sure how they arrived at their figures for the guarantees but everyone knows the guarantees can be changed at anytime or the tourney can even be cancelled after its started as per merge policy(has happened several times to me)....so i'm not sure what the fuss is about anyways guarantees across all sites are just marketing ploys anyways.
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^ So this
Edited By: pepsimax May 7th, 2012 at 05:43 AM
There's a bit more to it that that obviously. Otherwise every site would put ludicrous guarantees on every tourney to try and lure players in and reduce them if/when they don't get met. That would be bad for their business in the long run.
^ This. If the whole network couldn't come close to the guarantees offered by lock and they claim to be less than half of the network (doubtful this figure is true anyhow), there is no way they could pull it off.Originally Posted by mttgrinder90
Well what would you call it. Im not accusing Merge, they did the right thing. Stopped a huge problem before it put a black eye on the network. Merge did the poker maximus, you don't think they did enough research on the entire network to put the GTDs. And one skin on the network is going to basically double the GTD's. Give me a break. Out of the $2 milliong in GTDS they would have had to come atleast 1.2 million short, going just off the numbers they give (40% of the network).
It would be interesting if lock did a multi-network thing though. I might be able to play there on cake, but on merge I have to play on the sportsbook skins because they don't take players from here. -
If Lock Poker, in effect, becomes the flagship site for the soon-to-be renamed Cake Poker Network, this was pretty much a genius move. If Lock's estimate that 40% of the networks players are on their skin, this would immediately move Cake into the #1 spot among networks that currently serve USA players.
Combine this with Cake's software that is superior to Merge's, plus MUCH better rewards (Dealt RB, 60k rake race) and you're looking at quite an incredibly smart move by the people who run Lock Poker.
Interesting sidenote: The Cake Poker Facebook page took down a link that was posted on their wall about the gambling911 article talking about Lock acquiring Cake. They also no longer 'like' gambling911. -
Confirmed purchase of cake network by lock's affiliate manager in the PAL forums. Don't want to crosslink, but google and you will find it.
Official press is coming shortly, can confirm its true.
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Gambling911 has a history or running with unconfirmed gossip, but
Edited By: Rusemandingo May 7th, 2012 at 08:19 AM
gambling911 @gambling911 Lock Poker acquiring the Cake Network. Will be driving technology, marketing, player rewards. Leaving Merge gaming. http://www.gambling911.com
Moving back to the US next week and was planning on grinding Lock while home. Guess i need to find a new skin:(
No way Lock takes all or even most of their players with them to the Cake network. Lock had such a large marketshare because they were offering the best deals on Merge. I think most Lock regs will just find a new skin.








