{"id":2139,"date":"2018-02-23T13:07:07","date_gmt":"2018-02-23T13:07:07","guid":{"rendered":"https:\/\/www.top10pokersites.net\/?p=2139"},"modified":"2018-02-23T13:07:07","modified_gmt":"2018-02-23T13:07:07","slug":"underground-poker-site-jao-poker-shuts-down-leaving-players-in-a-lurch","status":"publish","type":"post","link":"https:\/\/www.top10pokersites.net\/news\/underground-poker-site-jao-poker-shuts-down-leaving-players-in-a-lurch","title":{"rendered":"Underground Poker Site Jao Poker Shuts Down, Leaving Players In A Lurch"},"content":{"rendered":"

\"\"Unregulated poker site Jao Poker<\/strong> suddenly announced its closure, leaving its players clueless as to whether they will still be unable to claim their remaining balances. <\/p>\n

When Jao Poker started out, many people were already cautious of the site for incorporating a shady affiliate program into its system.<\/p>\n

Todd Witteles<\/strong> of Poker Fraud Alert outlined the red flags associated with the poker site early on in his forum. Some of the red flags pointed out include the site\u2019s multi-level marketing strategy, the use of PayPal to handle its transactions<\/a> and offering services to U.S based players while being licensed in Cambodia<\/strong>.<\/p>\n

Jao Poker\u2019s multi-level marketing strategy was seen by many as more of a pyramid scheme, where \u201caffiliates<\/em>\u201d would need to pay $250 to get into the program<\/strong>. <\/p>\n

In theory, their money would grow as they recruited more affiliates who will be paying the same entry fee. This kind of scheme is usually adopted by businesses who indulge in scamming, as the pyramid business model has been proven to be unsustainable and often illegal.<\/p>\n

Tam Nguyen<\/strong><\/p>\n

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