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Anybody ever done a cashout?

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Anybody ever done a cashout? - Fri Feb 11, 2011, 04:56 PM
(#1)
teepack's Avatar
Since: Sep 2010
Posts: 42
BronzeStar
I am thinking of cashing out some of my winnings from the Sunday Million tourney. How long does it take to get your check? And if you cash out, does that stop you from collecting on any more of your sign-up bonus? I would cash out more than I put in as my initial deposit. I think I can still get about $250 from my sign-up bonus, and I'd hate to blow that just by cashing out some dough.
 
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Fri Feb 11, 2011, 05:16 PM
(#2)
RockerguyAA's Avatar
Since: Feb 2011
Posts: 1,089
BronzeStar
It doesn't take too long to get a check. The bigger the check the longer it takes I would assume. If it is $1000+ I'm betting it might take a bit longer. Probably about a full business week for lesser amounts. Getting checks from Pokerstars is strange. I got one last year it was from a bank in California but it was mailed from Ontario Canada with handwritten address and a stamp on the envelope.

One time I never got the check. A while later, I forget how long, Pokerstars emails me and informs me that the bank processing the cashouts had its assets frozen by the federal government. They put my money back onto my account + $20 which was fine with me! Tried to cashout again had no problems the second time.

The cashouts I've made were on the petty side so I can't really comment about this, but if your cashing out a substantial amount of money from your sunday million winnings you might want to look into any tax concerns.

I think it might mess up your sign up bonus, definitely read the fine print about that and I would recommend emailing pokerstars support before you do the cashout.
 
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Fri Feb 11, 2011, 05:49 PM
(#3)
Da Sens Fan's Avatar
Since: Jun 2010
Posts: 1,118
They normally take a week , week and a half give or take to arrive. The envelope won't be marked with pokerstars, very plain so check em all I don't know how it effects your bonus, sorry.

____________________________________________
You might be a king or a little street sweeper, but sooner or later you'll dance with the Reaper.
 
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Fri Feb 11, 2011, 07:34 PM
(#4)
teepack's Avatar
Since: Sep 2010
Posts: 42
BronzeStar
Thanks, fellas. I think I will hold on for a while until I am through with the bonuses.
 
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Fri Feb 11, 2011, 08:13 PM
(#5)
!!!111Dan's Avatar
Since: Jul 2010
Posts: 3,290
Welcome to the forum teepak. If you're in the us, the check may be delivered by DHL..mine was.
You will get an email after you do the cashout that will say how long it might take. I think it was like 7 to 10 days.
I'm not sure on clearing the deposit issue.
Congrats on the cashout man and best o' luck!
Dan
 
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Fri Feb 11, 2011, 08:25 PM
(#6)
Mmmm Fish's Avatar
Since: Oct 2010
Posts: 705
BronzeStar
Cash out? It's possible to get money back from the site?

Let me know if you need advice on how to deposit.
 
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Sat Feb 12, 2011, 10:20 AM
(#7)
Cheon57's Avatar
Since: Aug 2010
Posts: 482
BronzeStar
Congrats on cashing in the Sunday Mil.

I am in the US, have cashed out 2 times in the last 3 months.
Each time I requested on Sunday or Monday and both times it arrived via DHL Courier before the week was over.
1 was for over $1000 and 1 was under.
It took the same amount of time both times.
As for signup bonus, I have never deposited so I can't say there.

 
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Sat Feb 12, 2011, 11:30 AM
(#8)
IroncladMerc's Avatar
Since: Jun 2010
Posts: 581
Haven't cashed out more than $300 on here, but I'm in Canada, and I use InstaDebit, the cashout is super quick, within hours on a weekday.
 
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Sat Feb 12, 2011, 09:16 PM
(#9)
john.duce's Avatar
Since: Jul 2010
Posts: 232
wow, u guys cash out? BALLAS
 

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