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[Closed] Unlocking Capital?

15 Posts
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Recently i have read a couple of threads that read along the same lines as this one:

How to unlock the Starting Capital?

I'm new to poker so i don't really understand what is being discussed.

What does 'unlocking capital' or 'clearing capital' actually mean? Does it mean that if i don't make 100 party poker points, i lose my $50? And why do i have only 70 days to do this?

Apologies if this is a stupid question.

Many thanks for any feedback provided,

Urielz


14 replies
roopopper
Joined: 31.12.2010

I'm sure one of the mods will be along soon when they have finished trolling blogs

Good to see you at the coaching session today, good luck with your poker.

Roo


UPAY4DINNER
Joined: 28.09.2009

Hey Urielz,

Can you tell me which Poker Room you received your free $50 starting capital at and I will be able to assist you further :)

Kind regards,
Gary


roopopper
Joined: 31.12.2010

My starting $50 (now $51 ) is on Partypoker


UPAY4DINNER
Joined: 28.09.2009

Originally posted by roopopper

FYI, I don't troll.... I'm just over-enthusiastic!


Haha, it was nice to meet you too Roo, cant wait for the next coaching session!

Good luck at the tables!

Urielz


roopopper
Joined: 31.12.2010

Originally posted by Urielz
My starting $50 (now $51 ) is on Partypoker

Good start how is the packing going ?


Good save Holly!


UPAY4DINNER
Joined: 28.09.2009

Originally posted by Urielz
My starting $50 (now $51 ) is on Partypoker

Okay Urielz,

When you look at your balance you will see that you have $x amount in your cashier and $49 in a restricted bonus.

You can play with the $49 restricted for 90 days. However, after 90 days if you have not collected 100 Party points this $49 amount will be removed from your account.

This is one of the terms to receiving your free $50 capital.

For reference:

100 Party Points = $50 rake

So it is very possible to clear the restricted amount and keep it for yourself :)

Any further questions? Don't be afraid to ask :)

Kind regards,
Gary


Thanks very much for the reply Holly!

Currently it says $5.30 available... 45.90 restricted. Does this mean if my 90 days ran out NOW, i would keep $5.30?

Furthermore, if i play more, will more become 'available'? Or is it, 'Grind 100 points or you get nothing' ?

The packing isn't going well Roo... I've got a few days, i'll do it tomorrow... or the day after :P


UPAY4DINNER
Joined: 28.09.2009

Hey again,

I will get someone with more knowlegde to answer that question as I have not played at Party Poker myself :)

They should reply by tomorrow so keep an eye out here :)

All the best,
Gary


I appreciate the help, thank you very much :)


Hey Urielz,

That's right, you have to play through the bonus and after 90 days, if you haven't earned 100 PartyPoints, you'll be able to keep whatever is left and withdraw any winnings which you have.

Does that help?

M


Thanks Marc, that clarifies things. Thank you for your help PS team, i appreciate it!

Urielz