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FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP) FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP)
View Poll Results: Do you want the AGCC to regulate the new FTP?
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1,156 56.58%
No
887 43.42%

07-10-2012 , 07:09 PM
it was just funny quote, when u know about ppl with stucked 10-100k$ there...

Quote:
Originally Posted by 28renton
$700 means a lot to some people.
07-10-2012 , 07:14 PM
Quote:
Originally Posted by bizzle03
It wouldn't be shocking to see the claims against the individual parties dismissed. This Judge dismissed all of the claims against individuals except for Bitar and Burtnick (someone else who I can't remember) in the Todd Terry class action because the D's couldn't point to any allegations of specific wrongs committed. HL, CF, etc. lawyers used basically this same argument here and I could see it prevailing, even in spite of the amended complaint (whose facts I don't believe were part of the Todd Terry's original claim).
On the merits, I would 100% agree.

But Todd Terry's lawyers are in private practice, and this is a complaint filed by the DOJ. The amount of deference accorded the DOJ by federal trial courts is truly astounding. Federal trial courts simply do not treat the DOJ as just another litigant, which is the way it should be treated (ldo).

So, I dunno.
07-10-2012 , 07:14 PM
Quote:
Originally Posted by Kirbynator
saving the poker industry by signing nadal? wat
He is just saying that if PokerStars cleans up this mess (much of which wasn't their fault at all) and combine that with signing one of the most famous athletes with a spotless reputation as their cover guy, they are clearly trying to make the poker industry a lot less dark. You certainly can argue it is for profit, but I don't think it is that inconceivable for a private company that still has some personal touches left in it to take a seemingly -EV decision for the good of their industry and the very people that made them so rich

PokerStars is an absolute beast and makes a sick amount of money. Of course poker players are the core of their business and if you had made billions from leading the poker world, the idea of helping out the players in their most desperate time of need is certainly not crazy if you can stomach the numbers. FTP is definitely NOT worth 0. It isn't like Stars will be losing 300M+ on this. Stars, however, is definitely the most capable of any potential buyer of maxing value of FTP since it will obviously have the best ability to run the company from day one. Combine that with the DoJ possibly giving in a little on the overall settlement to lessen the pain of the acquisition and who knows how much Stars is really 'losing' on taking on FTP. For all we know they aren't even losing at all, but all I am saying is that I wouldn't be shocked if they were willing to suck up a 100M loss just because they are run by awesome people with some real morals. While it wouldn't shock me, I will certainly be forever grateful.

Last edited by insidemanpoker; 07-10-2012 at 07:20 PM.
07-10-2012 , 07:15 PM
Quote:
Originally Posted by Kirbynator
saving the poker industry by signing nadal? wat
yeah dunno what that means. He was probably high
07-10-2012 , 07:23 PM
Quote:
Originally Posted by Kirbynator
saving the poker industry by signing nadal? wat
It's all politics. They say what their employer wants to hear. If PS would sign Adolf Hitler they still say it is to save the poker industry.
07-10-2012 , 07:26 PM
Quote:
Originally Posted by Braindead2000
It's all politics. They say what their employer wants to hear. If PS would sign Adolf Hitler they still say it is to save the poker industry.
Unpossible. Hitler already an FTP red pro.

Or may be that's why they re trying to buy FTP.
07-10-2012 , 07:28 PM
How can DN spew this garbage. I understand that he was flat broke when Stars signed him after his own attempt at saving the online Poker world with his pos website was going down the toilet, but can't the guy be a little more impartial with his talk. Maybe it's in his contract but I doubt it.
07-10-2012 , 07:31 PM
I mean last 14 months were absolutely horrible but now that Nadal has signed with PS we should be like "hallelujah, I am In heaven, my life is complete, here comes the messiah".
07-10-2012 , 07:40 PM
Quote:
Originally Posted by leviathan74
Unpossible. Hitler already an FTP red pro.

Or may be that's why they re trying to buy FTP.
You forgot he was banned.


07-10-2012 , 07:53 PM
Quote:
Originally Posted by bizzle03
I'm assuming it did or a new agreement was made, based on DF saying that they have (present tense) some agreement with DOJ to forfeit assets. I'm sure DF will correct that if I'm taking it the wrong way.
Oh goodie, I get to be a grammar nit too.

"I have owned an American-made car" doesn't tell you whether I own one now.

The statement from DF that you quoted wasn't that FTP "have an ageement" with the DO. It was that FTP "have made an agreement" with the DoJ. The 'have' in that usage is not present tense.The verb "to have" is being used as an auxialiary verb with the verb "to make" to form the Present Perfect Simple tense. Despite the name, this tense does not necessarily decribe the present. It is properly classed as a past tense. Its usage in this case is ambiguous regarding whether the agreement that FTP have made with the DOJ continues to be in force.

Yes, DF had reported that FTP had made an agreement with the DOJ regarding forfeiture. Therefore, assuming DF was correct, FTP have made such an agreement. We don't know whether FTP have such an agreement now. Maybe DF will tell us. Isn't grammar fun?
07-10-2012 , 07:58 PM
Quote:
Originally Posted by insidemanpoker
He is just saying that if PokerStars cleans up this mess (much of which wasn't their fault at all) and combine that with signing one of the most famous athletes with a spotless reputation as their cover guy, they are clearly trying to make the poker industry a lot less dark.
Maybe I'm misreading, but he starts his message by saying he doesnt see why stars would buy ftp
07-10-2012 , 08:11 PM
Quote from DN, cardplayer article:
"They were aware that the company was accepting deposits after Black Friday, which is a Ponzi scheme. They didn’t want to call it that, but what do you exactly call it? You’re telling people it’s safe to play here and you have money, but you don’t. That’s a Ponzi scheme."

Since USA wasn't allowed to deposit post BF, did the 'ponzi scheme' only apply to ROW players? How Can the DOJ prosecute on the ponzi scheme premise if the ponzi didn't effect the USA?
07-10-2012 , 08:16 PM
Quote:
Originally Posted by DoTheMath
Oh goodie, I get to be a grammar nit too.

"I have owned an American-made car" doesn't tell you whether I own one now.

The statement from DF that you quoted wasn't that FTP "have an ageement" with the DO. It was that FTP "have made an agreement" with the DoJ. The 'have' in that usage is not present tense.The verb "to have" is being used as an auxialiary verb with the verb "to make" to form the Present Perfect Simple tense. Despite the name, this tense does not necessarily decribe the present. It is properly classed as a past tense. Its usage in this case is ambiguous regarding whether the agreement that FTP have made with the DOJ continues to be in force.

Yes, DF had reported that FTP had made an agreement with the DOJ regarding forfeiture. Therefore, assuming DF was correct, FTP have made such an agreement. We don't know whether FTP have such an agreement now. Maybe DF will tell us. Isn't grammar fun?
Somtimes...





Pee Dan Tick
07-10-2012 , 08:19 PM
Quote:
Originally Posted by Guyra
Quote from DN, cardplayer article:
"They were aware that the company was accepting deposits after Black Friday, which is a Ponzi scheme. They didn’t want to call it that, but what do you exactly call it? You’re telling people it’s safe to play here and you have money, but you don’t. That’s a Ponzi scheme."

Since USA wasn't allowed to deposit post BF, did the 'ponzi scheme' only apply to ROW players? How Can the DOJ prosecute on the ponzi scheme premise if the ponzi didn't effect the USA?
I would suggest that you avoid get your information regarding this case from Daniel. If you read the indictment, it will answer your questions quite clearly.

Last edited by NeedsToBeSaid; 07-10-2012 at 08:25 PM.
07-10-2012 , 08:22 PM
Quote:
Originally Posted by TONZ
The deal consists of more important things than just FTP.
07-10-2012 , 08:34 PM
Putting any weight into the biased opinion of DN on the buying up FTP is not a smart strategy when evaluating this deal. There are way more positive business reasons to buy FTP than to not from PStars perspective if it includes ANY leniency from the DOJ.
07-10-2012 , 08:50 PM
Quote:
Originally Posted by Gankstar
Somtimes...





Pee Dan Tick
Lol. I'm avoiding Pee Dan Tick arguments over irrelevant issues. This thread is exhausting enough without them.
07-10-2012 , 08:54 PM
Hi every1. iv been reading these threads since black f., but have never posted because always was just checking to see if any news was out yet. I was a fulltime reg. on tilt since 2006 and like for many it was my job and pretty much my life. I guess the reason that im deciding to post out of no where is because over this year of reading these posts i must say that im crazy shocked about all the neg. posts n bad mouthing of fulltilt and how great pokerstars was for paying there players back so fast. now it seems that half the people r bad mouthing stars and its possible that they r our only hope left. I never even played on stars mainly just because i started online with tilt n did so well there n played so long there that it became like home.. but know that most regs played both. my point is i guess is that..all i know is that poker blew up soooo fast and that i know there had to b tons of players like me that just had to feel so blessed an amazed that we were making great livings in our on home doing what WE LOVE!! N over the years as the sites grew bigger n bigger n also the wsop..it really became our way of life and like 1 HUUGGEEE FAMILY comeing together wether we played on tilt or stars or only live poker or all of them. we all shared and understood eachothers passion to where people outside the poker world have no clue. trust me i was crushed when it happened and have a ton on fulltilt..n others with tons more than me, but sooo much neg talk from the players has come over this year about how tilt is so bad n they r dead n why should any1 buy them and some say would never play there again. well mayb its just me but i cant see why any1 thinks posting 90% neg thoughts about something that we can not change..but instead every1 be posting there passion for the game n to let the world know how big of a family we as poker players have become and every player deserves there money back.. and as a family we will do or show in anyway possible our love and right for the game. for me personally without a doubt i would play back on tilt in a heart beat n also join stars because all this really CAN turn out to b a good thing that happened and lead to poker coming back and legal in the states.i have read this thread all year and trust me i know alot of u will crack jokes n make fun of me and go giving all ur great reasons why im wrong n stupid..but at 36 years old and only thing i truly want is our hard earned money back and our poker lifes as we once loved.. back!! n i know alot of other high stake regs that feel the same way but who also never post here.so i end in saying this .. if pokerstars is thinking of buying fulltilt..for WHATEVER the real reason would b...we all need to strongly express our support to them for WE ARE ALL 1 BIG FAMILY!
07-10-2012 , 09:01 PM
stop tripping. everyone knows DN''s comments are always biased. i.e. if he was a former ftp pro he'd be giving the "ftp will rise from the dead and ppl of the world will flock to come play on the greatest online poker software" speech.
07-10-2012 , 09:07 PM
g1shot ........The longest paragraph in the history of writing?? Decent sentiments though (I think)
07-10-2012 , 09:10 PM
Quote:
Originally Posted by NeedsToBeSaid
I would suggest that you avoid get your information regarding this case from Daniel. If you read the indictment, it will answer your questions quite clearly.

Please then explain from the indictment, page 16-18,numbers 27 and 28. This is the first reference to a ponzi scheme, after April 15th.

Since it answers my question quite clearly, I'm sure I'm missing something so if you could explain/direct me to the proper explanation, I'd appreciate it.
07-10-2012 , 09:15 PM
good poker player...******ed writer thats why want it back so bad, cause dumb at anything other lol said the same thing after i saw it actually posted
07-10-2012 , 09:17 PM
Wow

some of you guys need to think about DN's quote in the proper context.

He means nothing near what you guys are inferring.
07-10-2012 , 09:22 PM
Quote:
Originally Posted by g1shot

WHO AM I?

Hi every1. iv been reading these threads since black f., but have never posted because always was just checking to see if any news was out yet.
I was a fulltime reg. on tilt since 2006 and like for many it was my job and pretty much my life.

WHY I'M POSTING

I guess the reason that im deciding to post out of nowhere is because over this year of reading these posts i must say that im crazy shocked about all the neg. posts n bad mouthing of fulltilt and how great pokerstars was for paying there players back so fast. now it seems that half the people r bad mouthing stars and its possible that they r our only hope left.

PASSIONATE RANT

I never even played on stars mainly just because i started online with tilt n did so well there n played so long there that it became like home.. but know that most regs played both. my point is i guess is that..all i know is that poker blew up soooo fast and that i know there had to b tons of players like me that just had to feel so blessed an amazed that we were making great livings in our on home doing what WE LOVE!! N over the years as the sites grew bigger n bigger n also the wsop..it really became our way of life and like 1 HUUGGEEE FAMILY comeing together wether we played on tilt or stars or only live poker or all of them. we all shared and understood eachothers passion to where people outside the poker world have no clue.

PLEA FOR CORDIALITY AND UNIFICATION

trust me i was crushed when it happened and have a ton on fulltilt..n others with tons more than me, but sooo much neg talk from the players has come over this year about how tilt is so bad n they r dead n why should any1 buy them and some say would never play there again. well mayb its just me but i cant see why any1 thinks posting 90% neg thoughts about something that we can not change..but instead every1 be posting there passion for the game n to let the world know how big of a family we as poker players have become and every player deserves there money back.. and as a family we will do or show in anyway possible our love and right for the game.

for me personally without a doubt i would play back on tilt in a heart beat n also join stars because all this really CAN turn out to b a good thing that happened and lead to poker coming back and legal in the states.

IN B4 CALLING THIS POST DUMB- HEAR ME OUT!
i have read this thread all year and trust me i know alot of u will crack jokes n make fun of me and go giving all ur great reasons why im wrong n stupid..but at 36 years old and only thing i truly want is our hard earned money back and our poker lifes as we once loved.. back!! n i know alot of other high stake regs that feel the same way but who also never post here.so i end in saying this .. if pokerstars is thinking of buying fulltilt..for WHATEVER the real reason would b...we all need to strongly express our support to them for WE ARE ALL 1 BIG FAMILY!
Fixed your post. Edit your post: Select All --> CNTRL C --> CNTRL V --> Save
07-10-2012 , 09:27 PM
Quote:
Originally Posted by Guyra
Quote from DN, cardplayer article:
"They were aware that the company was accepting deposits after Black Friday, which is a Ponzi scheme. They didn’t want to call it that, but what do you exactly call it? You’re telling people it’s safe to play here and you have money, but you don’t. That’s a Ponzi scheme."

Since USA wasn't allowed to deposit post BF, did the 'ponzi scheme' only apply to ROW players? How Can the DOJ prosecute on the ponzi scheme premise if the ponzi didn't effect the USA?
That's a seriously interesting point with regards to the post-Black Friday activity. However, pre-Black Friday they were still lying to customers in the U.S. about segregating, etc. The indictment talks about activities between 2008 through June 2011 in regards to the wire fraud against players.

Last edited by bizzle03; 07-10-2012 at 09:36 PM.

      
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