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Claim Reward

At the end of each calendar month, each member shall have the option to redeem any or all of his or her Poker Points for cash.  All redemption amounts to be paid to each member shall be paid within 7 days of the end of each calendar month or the date of the request for redemption if requested at any time other than during the last week of a calendar month.  Redemptions paid to XXXXXXXXXXXXX will be made within 48 hours of the request for redemption.  Each member may choose to receive a check for such redemption amount, or to receive the redemption amount by way of a credit to their XXXXXXXXXXXXXXX Redemption by debit card shall result in an additional $5.00 handling fee and redemption by check will result in a $10.00 handling fee.  Each member may choose to redeem his or her Poker Points early, prior to the end of any calendar month, however, such early redemption shall result in an early redemption handling fee of $25.00 regardless if the redemption is done by check or to a debit card.  Alternatively, a Member holding Poker Points may choose to “roll over” the Poker Points to the next month, which incurs no fee. 

United States Federal Tax Regulations requires that you complete and return form W9 and that we issue you a form 1099 at the end of each calendar year if you have won prizes of $600.00 or more in the calendar year. However, you remain solely responsible for paying all federal and other taxes in accordance with the laws that apply in your state, province, and/or country of residence.
As with our cash prize tournaments, users are responsible for applicable income taxes for merchandise prizes. Either the Manufacturer's Suggested Retail Price, or Site acquisition price, at our discretion, will be used as the cash value of the merchandise prize.
Non US residents will be subject to back-up withholding for federal income tax purposes at 30%. Winners will be required to provide such documentation as the Federal Income Tax Regulations require.

For persons within the United States, to open an account and/or participate in any tournament offered on the Site, you must:
be a natural person, at least 18 years old, who is assigned to the e-mail address submitted on your account registration form;
be a U.S. citizen or resident alien with a U.S. address; be physically located within the U.S.; and
be physically located in a U.S. state in which participation in the tournaments offered on the Site is unrestricted by law.In order to redeem Poker Points for cash at the end of each month, as is described above, each member shall submit a copy of his or her driver’s license or other government issued identification along with a completed W9 form by mail to:  XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX This is to ensure a member’s age and state of residence to ensure compliance with all applicable Federal and state laws involving the redemption of Poker Points for cash. The name and residence must match the name and billing address of the card used to pay the subscription fee.  Each member must only submit such documentation upon the initial redemption of his or her Poker Points.  Such documentation shall be kept on file for all future redemptions.  If a member fails to submit such information, or refuses to do so, we will not pay out any cash redemption amount, and such member’s account will be closed immediately.
 
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