PartyPoker takes $5 from your account if you dont play often |
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Posted Sat Sep 30, 2006 1:39 am GMT by raisebot
Apparently, sometimes the rake just isn't enough.
Basically, dont play any real money games on Party Poker for 180 days, & they'll deplete $5 from your real money account. And after that, every 30 days you dont play they'll take another $5.
From their Terms of Use, section 16, Inactive Account Fees and Abandonment of Accounts
16. Inactive Account Fees and Abandonment of Accounts.
Regarding the Platform, if you do not access your Account by 'logging on' to your Account using your Account name and password and (i) place a cash wager, or (ii) enter a tournament with a cash entry fee, or (iii) play a raked hand, for any period of 180 days, then after those 180 days (the '180-day grace period') your Account (and any related account with any ESP) will be deemed 'Inactive'.
If your Account becomes Inactive, then the Company is entitled to charge you an administrative fee (the 'Inactive Account Fee'). The Company will deduct an amount up to the Inactive Account Fee amount from your Account Balance on the day following the end of the 180-day grace period and then every thirty (30) days thereafter in accordance with the Inactive Account Fee Schedule.
We will stop deducting the Inactive Account Fee from your Account Balance if your Account is re-activated.
Inactive Fee Schedule
Inactive Account Fee
$5
Note: All fees and charges are subject to change from time to time.
Frequently Asked Questions
What is the Inactive Account Fee?
As set out in Clause 16 (Inactive Account Fees) of the Terms and Conditions of Use, the Inactive Account Fee is a monthly administrative charge that is deducted from your account balance if your account is inactive for more than 180 days.
When would I have to pay the Inactive Account Fee?
The Inactive Account Fee will be deducted from your account balance on the day following the (end of the) 180-day grace period (i.e., day 181) and then every thirty (30) days thereafter if your account remains inactive.
For example:
If the Inactive Account Fee is $5, and your account is inactive for seven (7) months, then you will have to pay a $5 charge at the end of the 180-day grace period (day 181) and then every thirty (30) days thereafter if your account remains inactive.
Note:
The amount $5 is used only as an example. You should consult the Inactive Account Fee Schedule for the Inactive Account Fee amount.
How will the Inactive Account Fee be paid?
An amount up to the Inactive Account Fee will automatically be deducted from your account balance by us on the day following the end of the 180-day grace period (day 181) and then every thirty (30) days thereafter (provided your account remains inactive).
What if there is no money in my account?
If your account balance is zero and there is no money in your account then no deduction will be made. Additionally, we will not deduct the full Inactive Account Fee from your account balance if your account balance is less than the Inactive Account Fee amount. However, we have the right to deduct 'up to' the Inactive Account Fee amount. This means, for example, that if you have an account balance of $2 and the Inactive Account Fee is $5, then we can deduct the $2 from your account balance (if your account remains inactive).
What if I start using my account again?
If you start using your account by 'logging on' to your account using your account name and password and you (i) place a cash wager, or (ii) enter a tournament with a cash entry fee, or (iii) play a raked hand, then your account will be deemed 'active' and we will stop deducting the Inactive Account Fee from your account balance from that date.
Created/Modified February 2006
If you have any questions, please contact our 24/7 Customer Care team.
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Empire Poker is doing the same thing-
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Opinions on this? Discuss...
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Posted Sat Sep 30, 2006 1:46 am GMT by raisebot
references
https://secure.empirepoker.com/about/legal_information.html
https://secure.empirepoker.com/about/iaf.html
http://www.partypoker.com/about_us/terms_conditions/
http://www.partypoker.com/about_us/terms_conditions/inactive_account.html
Posted Sat Sep 30, 2006 8:23 am GMT by MasterShake
It's fun AND easy.
Posted Sat Sep 30, 2006 10:18 am GMT by suitedaces84
I can't believe you guys didn't read the entire contract before agreeing to it.
Posted Sat Sep 30, 2006 10:22 am GMT by Fat Tony
| suitedaces84 wrote: | | I can't believe you guys didn't read the entire contract before agreeing to it. |
The fact that it's in the contract doesn't make it any less wrong. It's not like you can opt out of that clause if you want to play there.
Posted Sat Sep 30, 2006 8:22 pm GMT by raisebot
| suitedaces84 wrote: | | I can't believe you guys didn't read the entire contract before agreeing to it. |
| Terms of Use wrote: | | Created/Modified February 2006 |
When did you initially sign up for your first online poker account? And do you regularly re-read the Terms of Use?
I've been playing since the early days of Paradise Poker, then went to Party. This is a fairly recent addition to their Terms of Use, also one of the reasons I barely play there anymore. I have four cents in my account there, they're more than welcome to take it. Hopefully their greed causes them to lose customers to other sites. I'm sure I'm not the only customer they're losing.
Posted Sun Oct 01, 2006 2:48 am GMT by MrDarling
| Fat Tony wrote: | | The fact that it's in the contract doesn't make it any less wrong. It's not like you can opt out of that clause if you want to play there. |
You can sure opt out of it by not playing there.
As costumer we have the full right (and hell, the duty) to vote with our feet (or our mouse finger) whenever a poker vendor do something as stupid as this!!
Posted Sun Oct 01, 2006 8:22 am GMT by Fat Tony
quote="MrDarling" | Fat Tony wrote: | | It's not like you can opt out of that clause if you want to play there. |
Did you read my entire post? Of course you can not play there, but that's not really the point.
Posted Sun Oct 01, 2006 10:46 am GMT by Jefecaminador
Its 5$ if you dont play there for half a year.....
Is it just me, or does this seem like a very, VERY minor charge, for an event that likely won't happen to anyone who cares about playing poker.
I'd be more pissed about losing all my party points for being inactive for a month....
edit: And its not like they're the first people to come up with a system like this.... There are tons of places where you can leave money/valuables where if you don't check in after X amount of time, the company in charge of storing it considers it "abandoned" property and assumes control over it.
With the lowest stakes on PP being 25NL, 5$ really shouldnt be a concern.
Posted Sun Oct 01, 2006 11:06 am GMT by Pokerfarian
The money in your account already makes them money; that, or they are sending my interest checks to the wrong address!!!
This is a ridiculous money grab.
My companies legal limit for managing your escrow account? 1% of the interest only.
If your account is adandoned, they should just send you the money, minus a fee, and be done with it, not set it uo so that they can raid it every month.
Posted Sun Oct 01, 2006 12:49 pm GMT by Jefecaminador
Um, escrow accounts are set up to make sure they you can pay your mortgage... and they usually arent voluntary, the person giving you the loan usually forces you to set one up... I fail to see how that relates to a poker account at all.
I really don't understand why you guys are complaining about 5$ after 6 months so much... If you're leaving your money idle that long, your losing out on a lot more than just 5$. Theres plenty of more productive uses than keeping it in a poker account that you never use. Like... putting it in a bank. Seriously... if you're not gonna play poker for more than 6 months you know what you do? Withdrawl all the money in your poker account, put it in a bank, and when you want to play again, redeposit... Simple.
Posted Mon Oct 02, 2006 8:38 pm GMT by Pokerfarian
| Jefecaminador wrote: | | Um, escrow accounts are set up to make sure they you can pay your mortgage... and they usually arent voluntary, the person giving you the loan usually forces you to set one up... I fail to see how that relates to a poker account at all. |
Taking money from an inactive account has what to do with poker? Escrow accounts are used to insure that money from party "A" is not co-mingled with company funds (attorneys retainers, security deposits, etc)
It's a trust. Money that does not belong to the company, can not be used by the company.
In our cases, they are free to invest or spend that money as they please, with no compensation at all.
Not a big deal to me, but I woud think that would be enough
Posted Wed Oct 11, 2006 2:26 pm GMT by mackkie
I got this email from party a good 2-2.5 years ago, but it was for only like $0.60 for the inactivity...quite a jump to $5 
Because my girlfriend let me use her debit card at the time, I obviously didnt want her to have those shady charges to her account.
I wrote party a nice email saying I have a "problem" and that my account should be shut down. They sent me an email back saying they were sorry, how they could help me and that they shut down my account.
After that I never go an account inactivity message again.
That is a drastic step to take, but if you arent playing at party or you are done with poker, its a way to aviod the inactivity charges.
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