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Originally Posted by fnord_too
A very important point: the less clear legality is and the harder and more convoluted the financial transactions are, the less likely casual players are to play.
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Which is why right now there are a lot of US pros subsisting on the money of casual players and wannabe pros from elsewhere. This bill would supposedly replace them with a pool of American casual players who would somehow mystically show up even though it's a year and a half farther from the poker boom and the ones who have been playing until now have been forced to find new hobbies. This strikes me as complete ******** supported by people with visions of 2004 dancing in their heads.
If the bill allowed everyone to play, I would feel somewhat better about it - though the blackout would kill American sites' competitiveness for foreign players anyway.
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Another point is with the status quo, there is little recourse for players in situations like skins taking the money and running (tusk, eurolinx, etc.) or protections from bots/colluders. Sure, PS and FTP are pretty solid and have done some work with the latter, but really, it is a buyer beware environment (which again just repels casual players.)
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As opposed to corporate America? I see no reason to believe this will actually be any better, except people can waste a lot of money on legal fees suing bankrupt entities. Whee. Does it really make anything better if the founders of Eurolinx end up in receivership? Unsecured creditors still aren't ever getting their money back.
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And then there is the whole WA thing, and pending legislation in CA, NJ, and FL.
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Which is written into the bill as optouts.
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But I think we are all (PPA somewhat aside) just spectators at this point; the timing is just so short. Sucks that there is a good chance we will loose the Jan FTP bonus if it goes through, but hey, we should have smooth final cash outs from the withdrawing sites.
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Here you have a point.