Fulltilt Management failing? - Page 5 - Poker News

i'm not 100% sure, but have lots of reasons to believe ftp had all of the $$ when doug made these posts. fwiw i *think* hes one of the good ones (but really dunno only met him once).

09-20-2011 , 04:28 PM

#103

Foxtrot2

enthusiast

Join Date: May 2011 Posts: 72

Quote:

Originally Posted by durrrr

i'm not 100% sure, but have lots of reasons to believe ftp had all of the $$ when doug made these posts. fwiw i *think* hes one of the good ones (but really dunno only met him once).

Mr durrrr, I had $2246 in my full tilt account, when should I expect my check? Thanks!

09-20-2011 , 05:33 PM

#104

Villian1

Carpal \'Tunnel

Join Date: Jun 2010 Posts: 8,174

Durrr, are you going to stick to your word and pay out of pocket my $ and everyone else who have been scammed, like you said? I used to live a baller lifestyle assuming the money I made on ftp was not play money. Now my bank account has 48 dollars, I serve tables during the day and barback at nite. Im also finishing up law skool. Weird enough I feel like I have more going for me than you. Make sure to toast your next glass of dom at el bulli to me. Thanks.

09-20-2011 , 07:26 PM

#105

MoneyBoye

journeyman

Join Date: Jul 2011 Posts: 233

Quote:

Originally Posted by fnord_too

This is completely wrong if you hold the money in trust. A lot of sites, ftp included iirc, do not. However, not holding the money in trust is very bad for players, and there is a good possiblity it will become very bad for sites if the issue is brought to forefront through situations like the Prima skin debacle (not saying they have yet, most casual players have no idea about it) or impossible if regulation ever occurs in the US (I would be incredulous if any for such regulation did not force the monies to be held in trust).

Floating with money like that is incredibly sketchy. (Money like that meaning money that is not invested in your company, but rather funds you are actually just holding.)

Seriously, every player should be worried about this sort of thing. Even banks and financial institutions who are regulated and have much more skillfull financial management get into serious trouble at times. Of course, the government (i.e. US taxpayers) are not going to bail out a poker site the way our long history shows us bailing out financial institutions.

I am greatly disturbed by the insinuation that FTP uses players' money in any operational way. That is just frightening beyond belief.

http://www.sacred-texts.com/nos/nos.jpg

09-21-2011 , 05:08 AM

#106

obss

journeyman

Join Date: Sep 2006 Posts: 348

Quote:

Originally Posted by mr.giggles

This thread is FAILING.

Too many fails

09-21-2011 , 05:27 AM

#107

moki

Carpal \'Tunnel

Join Date: Oct 2005 Posts: 8,051

Quote:

Originally Posted by durrrr

i'm not 100% sure, but have lots of reasons to believe ftp had all of the $$ when doug made these posts. fwiw i *think* hes one of the good ones (but really dunno only met him once).

Are you saying that "FTPDoug" exist as an actual person?

Read -> http://forumserver.twoplustwo.com/29...-doug-1050424/