I dont know if this is the right section to post this or not.
I somehow stumbled upon this, Im pretty sure im the first one to througly read it, and man its crazy.
http://www.ultimatebet.com/popups/uboc_terms.html
Looks standard to me....at first. Then I started reading it futher on and youll see it pretty much says, if you win a uboc and bad mouth ub publicly they have the right to take your prize away, as well as if ub goes bankrupt your out of luck(why would they put that in there?). Plus if the U.S. says u cant have the $$ because poker is illegal, gl with that too, but yet says they will take taxes out of the mtt winnings, which I doubt. WTF??? Craziest terms and conditions ive ever read.
18. UltimateBet® may cancel or terminate the UBOC and/or may cancel or terminate the awarding of any Prize(s), and cease distribution of any outstanding Prize if:
a) A Prize winner fails to comply with his or her obligations toward UltimateBet®, including any and all provisions of the Rules or any other obligations, rules, terms, and conditions on
www.ultimatebet.com or
www.ultimatebet.net (collectively, the "Site"), and/or any other obligations, rules, terms, and conditions in any contract or agreement contemplated by the Rules;
b) A Prize winner commits embezzlement or theft against or from UltimateBet®,
commits any public act of disrepute, publicly disparages UltimateBet®, or commits any other act that diminishes or that may diminish the value of UltimateBet® or any one or more of its brands;
UltimateBet® dissolves, becomes insolvent, or is subject to a bankruptcy proceeding, whether voluntary or involuntary, that is not dismissed within 30 days of initiation, or UltimateBet® makes an assignment for the benefit of its creditors or a receiver, liquidator, administrator, or trustee is appointed for or in respect of UltimateBet®’s affairs, or any analogous procedure is initiated and not dismissed within 30 days of initiation; and/or
UltimateBet® is ordered by a competent judicial or governmental authority to discontinue the acceptance of business from United States residents.
19. At any time, UltimateBet® may, and retains the right to, permanently cancel or terminate, at its sole and absolute discretion, the award or payment of any Prize, and to cease distribution of any outstanding Prize to any Prize winner.
20. In the event of any termination under any of the circumstances set forth herein, UltimateBet® is hereby and the same shall be under no legal obligation to provide any further payment to Participants, Prize winners, and/or any other party, whether in the form of liquidated damages or otherwise
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