Quadnet Poker Network is India's largest Poker Network comprising of Spartan Poker, BLITZPOKER ,Calling Station and PokerHigh.
Following are some important points to note for the players playing on the Quadnet Poker Network:
1) How many accounts/IDs can a player have on the Network?
A player can have one account/ID per Poker room on the Network. For e.g. a player can have an account/ID each on Spartan Poker, BLITZPOKER ,PokerHigh and Calling Station. However, a player cannot transfer any amount from one Poker room to the other. For e.g. a player cannot transfer any amount from her/his account/ID in Spartan Poker to her/his account/ID in BLITZPOKER or PokerHigh or Calling Station.
2) What is the policy for playing Cash Games and Tournaments from different account/IDs across the Network?
A. A player is not allowed to play on the same cash table from her/his different account/IDs across the Network at the same time.
B. A player is not allowed to play the same Tournament from her/his different account/IDs across the Network, even after busting out from the other account/ID. For e.g. if a player is playing a Tournament with a Spartan Poker account/ID and busts out, then s/he may re-enter only from the Spartan Poker account/ID and not from her/his BLITZPOKER/PokerHigh/Calling Station account/IDs.
3) How is TDS calculated?
A. Cashouts and TDS: Cashouts for all players on the Quadnet Poker Network will be made by One Verse Gaming Technology Private Limited Cashouts for all players on the Network are subject to withholding tax (TDS) as per applicable rates (i.e. 30% currently) which is submitted to the Indian Tax Authorities under Section 194B of the Income Tax Act.
B. Deposits and Cashouts made in a financial year will be summed for all accounts/IDs of the players who have accounts on Spartan Poker, BITZPOKER and PokerHigh Poker rooms only for purpose of TDS calculation.
C. Cashouts will be made on all Bank working days.
4) When is PAN verification needed?
A player must complete his PAN verification at the time of first Cashout or when cumulative Deposit crosses INR 50,000, whichever is earlier.
Kindly also refer to the Terms & Conditions / Terms of Use and all other policies on respective websites.
