The wonderful world of tidal forces
We'll call the planet Earth and the satellite we'll call the Moon.
In a first approximation, the gravitational force of the Moon on a human walking on Earth is zero. At a closer inspection there is indeed a force, but it's tiny.
Why is this so?
The gravitational force of the Moon on a human walking on Earth is close to zero because the Moon attracts not only the human, but also the Earth; while the human is indeed falling towards the Moon with a certain acceleration, Earth is falling towards the Moon too with just about the same acceleration, and thus the net effect on the human relative to Earth is almost zero. Look at the nice picture:
A human walking on Earth falls towards the Moon with an acceleration just a tiny little higher than the acceleration with which Earth itself falls towards the Moon. The mass of the human is assumed to be negligible with respect to the masses of the Earth and the Moon. Own work, available on Flickr under the CC Attribution license.
The gravitational acceleration of Earth towards the Moon is
$$a_{\text{E-M}} = \frac{G \cdot m_{\text{Moon}}}{d^2_{\text{E-M}}}$$
The gravitational acceleration of the human towards the Moon is
$$a_{\text{H-M}} = \frac{G \cdot m_{\text{Moon}}}{(d_{\text{E-M}} - r_{\text{E}})^2}$$
What we are really interested in is the difference between the acceleration of the human towards the Moon, $a_{\text{H-M}}$, and the acceleration of the Earth towards the Moon, $a_{\text{E-M}}$:
$$a_\text{H-M} - a_\text{E-M} = G \cdot m_\text{Moon} \frac {2d_\text{E-M}r_\text{E} - r^2_\text{E}}{d^2_\text{E-M}(d_\text{E-M} - r_\text{E})^2} \simeq G \cdot m_\text{Moon} \frac{2r_\text{E}}{d^3_\text{E-M}}$$
We notice that the relative acceleration of the human with respect to Earth is just about proportional with the radius of the Earth and inversely proportional with the cube of the distance between the Earth and the Moon. (The approximation holds if the radius of Earth is small with respect to the distance between Earth and the Moon.)
The problem is that pesky cube, which makes the relative acceleration of the human with respect to Earth decrease very very quickly as the distance between the Earth and the Moon increases.
Also, look the the Wikipedia article on Tidal forces.