Quote:
Originally Posted by RollWave
your point is not relevant to mine. My comment does not consider how much money will be received (I'm assuming the full amount, just like you), only when it will be received.
Glad you clarified that, as it is not at all apparent from what you posted.
Quote:
if the total amount asked for exceeds the cash on hand, payments won't start as quickly. It will take time for scammers etc to be separated. if fewer people file claims, that makes it more likely that total requests will not exceed cash on hand, meaning payments can start before disputes are resolved.
There has been no indication from GCG that the process, even if the total amount of filed claims is less than the total cash on hand, will proceed in any other manner than the standard method per regulations, i.e. resolve all claims and then start payments. However, I do think it is possible.
My point is that I can't foresee any realistic situation where total claims will exceed the money on hand. The $150M estimated US balances falls well below the PokerStars payments. Now subtract from that FTP owner accounts, Full Tilt Pro accounts, pro players who moved overseas and players who aren't going to file for whatever reason.
Even if you add in some amount of unjustified claims from scammers and cheats, and whatever the total amount claimed are for special circumstances (limbo withdrawals, bounced withdrawals, unredeemed rewards/awards, etc.), I don't see the total amount of all claims exceeding cash on hand.
I hope I'm right. We'll have to wait and see.