10% Poker Rake Rule for Sports Bettors? WTF ACR!?
- Customer was incorrectly told to earn 10% rake on winnings before withdrawal
- ACR CEO clarified the rule is 10% of the deposit, not winnings, and apologized
- Somewhat crazy rule stirred liquidity issue paranoia on ACR
This autumn feels like a drama season for ACR. Just last week, an RTA cheater/vendor (TrenirusGTO) got exposed and made many wonder how bad the universal clanker-poker issue really is.
I'm not that worried about the RTA. There are enough players making stupid mistakes (that's me lol) with or without RTAs.
But this ACR's 10% poker rake rule to prevent sports betting withdrawals did grind my gears too, at first.
So what happened?
Simple 10% Mistake Stirred a Bigger Uproar
The soup got stirred when an unfortunate mistake stopped an ACR sports bettor from withdrawing his winnings from the sportsbook until he generated 10% rake by playing poker.
The customer service agent demanded a 10% rake calculated from the winnings, when the T&C states 10% of the applicable deposit amount.
WPN CEO Phil Nagy apologized for the mistake and made it right… but the situation didn't end there.
Many had no idea there was a platform-wide 10% poker rake rule on all deposits before winnings become withdrawable, and that sounded crazy.
Social media went full paranoid mode, wondering if there was a liquidity problem. The uproar was big enough for Nagy to give a sitrep about the incident and where ACR stands.
Is It Crazy?
Maybe not, if you accept the fact that ACR Poker is indeed an online poker room that offers sports betting and casino entertainment services to its POKER PLAYERS.
If you enjoy sports betting and aren't interested in poker, ACR isn't the best site for you.
Pez Hot Take: Big Fuss, Little Buzz
This first reminded me of situations where online casino-heroin dealers stall the KYC so players gamble their winnings before they can withdraw.
Of course, this makes you wonder if the shareholders are getting greedy (like that ever happens…) and forcing ACR to use cheap tricks and loopholes to maximize profits – that's online casino territory.
If paranoia strikes, you remembered the Full Tilt Poker days when the bosses partied with people's money.
In all honesty, ACR hardly promotes its sportsbook services, at least not here in Europe, and with the sheer number of sportsbooks out there, it sounds crazy for a player to join ACR only for sports betting.
Sometimes crazy good odds might slip through the cracks and drive pure sports bettors to ACR Poker, which indeed makes this a little unfair.
Is There a Liquidity Problem?
Probably not, and the latest Venom Series numbers back this up.
It seems it's just a cold company policy, plus an uproar from sports bettors who ended up on ACR Poker hunting good odds and did not read the fine print.
Big fuss, little buzz.
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