Recent developments following online poker’s ‘Black Friday’, when the FBI seized the domain names of PokerStars, Full Tilt, Absolute Poker and Ultimate Bet, have left many online poker players wondering if they’ll ever get their hands on the money in their accounts, with UltimateBet being the biggest site of concern. There are many unhappy UltimateBet players who are attempting to withdraw funds who are facing enormous difficulties.
Some players have tens of thousands of dollars in their UltimateBet accounts and are unable to withdraw any more than a token amount. This issue isn’t just affecting US-based online poker players at the troubled site, players from the UK and other countries where online poker is perfectly legitimate are also facing these same withdrawal restrictions.
Following these complaints the customer support staff at UltimateBet sent out an email attempting to explain the situation regarding funds held in thousands of online poker accounts. In the email it is claimed that “Payout processing and their timelines have been adversely affected” following the clampdown by the FBI and the US Government.
The email continues by further addressing the withdrawal issues stating “We have recently increased maximum withdrawal limits to $1000 for Visa withdrawals and $500 for all other methods.” And that these withdrawals can be made weekly. However, UltimateBet customers have reported to us that they have been restricted to a single payout of $250, with no news of when the next withdrawal can be made. ‘Not a lot of good for your bankroll management if you’re a professional player.
Until there a further developments and signs of improvement at UltimateBet and its sister site, Absolute Poker we cannot recommend depositing funds at these poker sites. However, if you’re looking for a new place to play take a look at our online poker reviews to find a poker site that’s right for you and one that you can trust to let you have your money.