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Other => Beginners & Help => Topic started by: escrowjoe on January 31, 2013, 08:41:26 PM



Title: exchanging Pokerstars USD for BTC
Post by: escrowjoe on January 31, 2013, 08:41:26 PM
Hi Everyone,

Can someone tell me if its possible to exchange Pokerstars USD for BTC through player transfer. Has anyone done it a few times? I'm concerned that if Pokerstars knew I was selling my Pokerstars USD for bitcoin they might ban my account.

Any help is appreciated

regards,

escrowjoe


Title: Re: exchanging Pokerstars USD for BTC
Post by: aceking on January 31, 2013, 09:44:39 PM
I have done it lot times, Stars will not ban you ,only if you have big volume of trasnfer and you dont play any poker they will remove your privilege to accpet transfers from other players.


Title: Re: exchanging Pokerstars USD for BTC
Post by: escrowjoe on January 31, 2013, 10:20:38 PM
I have done it lot times, Stars will not ban you ,only if you have big volume of trasnfer and you dont play any poker they will remove your privilege to accpet transfers from other players.

Thanks for the info. I've been playing on PS for a long time but have never done any player transfers so was a bit concerned...


Title: Re: exchanging Pokerstars USD for BTC
Post by: Flying Hellfish on January 31, 2013, 11:56:24 PM
Hi Everyone,

Can someone tell me if its possible to exchange Pokerstars USD for BTC through player transfer. Has anyone done it a few times? I'm concerned that if Pokerstars knew I was selling my Pokerstars USD for bitcoin they might ban my account.

Any help is appreciated

regards,

escrowjoe

PS is a very reputable company (well Rational Group but w/e).  I would suggest reading their TOS very carefully to find out if this is "Acceptable".  Do not take PS security lightly, they are serious and very very good at what they do and PS is highly committed to a "no bull shit" type policy.  If you think about the hundreds of millions of dollars in player balances they hold and the regulations and laws they must adhere to in order to maintain license etc I am happy they are as on the ball and as concerned as they are to manage the transaction that occur on the site.

that's not to say things like this don't happen all the time as they likely do.  If it was me I would ask myself if it was worth risking having my account potentially permanently banned.  As you have been playing at stars a long time I am sure you know its not allowed to have more than one account per person ever.  PS isn't a forum where when you get banned you come back in 10 mins on a new account.

A little OT, I read a day or two ago (on 2P2 I think) that PS was looking to add a BTC option in their cashier!  If this is true its pretty sick to have the largest online poker room on the planet using BTC's......   Also pretty awesome for deposits and cashout (if you're not a FISH!).