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*** Official 2010 FTP Regs Thread *** *** Official 2010 FTP Regs Thread ***

12-08-2010 , 03:53 AM
I've been following the legislation forum non-stop for the past few days and it is exhausting. Between the die hard PPA supporters, the people that hate the PPA now and the just plain morons, that thread is becoming impossible to read. I find myself checking it every 15 minutes, but most of it now is just people bitching at one another. Nobody really knows what is going to happen until it either gets attached to a bill or doesn't get attached. I just want this to be over with.
12-08-2010 , 03:59 AM
Quote:
Originally Posted by notfreemoney
I've been following the legislation forum non-stop for the past few days and it is exhausting. Between the die hard PPA supporters, the people that hate the PPA now and the just plain morons, that thread is becoming impossible to read. I find myself checking it every 15 minutes, but most of it now is just people bitching at one another. Nobody really knows what is going to happen until it either gets attached to a bill or doesn't get attached. I just want this to be over with.
lol.... I knew that even without reading ;-)....

I'm just in wait and see mode....
12-08-2010 , 05:29 AM
Quote:
Originally Posted by DoubleFly
Wow. It seriously blows my mind that a midstakes reg could stick in that much of his stack and fold.

But I am wondering who played the hand worse?
12-08-2010 , 08:35 AM
Quote:
Originally Posted by loco
But I am wondering who played the hand worse?
+1

I actually had to filter the only one where villain folded ;-) .... Obv had absolutely no read, was just protecting the monies I had on the pot.... I really thought he had AK in fact

Last edited by jij452; 12-08-2010 at 08:41 AM.
12-08-2010 , 09:05 AM
Quote:
Originally Posted by Delphi
I guess we non-US players would still have good games. Here are the top ten of the countries with the worst rate in $/100 (only counting countries where combined loss is over 10 mil.). There just would be significantly less traffic.

Country / Net / $/100 / Hands

1 Switzerland $-16,868,075 $-13.20 127,822,806
2 Italy $-19,364,767 $-11.90 162,677,112
3 Denmark $-19,916,938 $-11.16 178,406,636
4 France $-40,769,602 $-10.77 378,434,714
5 Norway $-17,082,290 $-10.38 164,584,357
6 Australia $-31,989,777 $-10.11 316,307,425
7 Canada $-95,383,155 $-9.17 1,040,164,623
8 Belgium $-12,744,072 $-8.93 142,663,733
9 Sweden $-25,285,920 $-8.12 311,254,734
10 Netherlands $-33,168,114 $-7.95 417,079,276
I agree only partly. Euro fish are worse than American ones but the American market is so important traffic wise. There will be tough times for midstakes FR traffic without American traffic. There is virtually no FR traffic at 400nl+ at euro sites at the moment.

Although the US has a smaller -$/100 than a lot of European countries, the net $ that US players have invested is nearly 4 times as high as the next biggest loser. And this PTR report only includes FTP and Party (so only FTP for Americans)!

In addition two of the top four countries listed above (France and Italy - ftp.it is coming) have nationalized online poker markets and more countries are likely to follow in the near (Belgium, Denmark) or medium-term (Switzerland, Germany) future.
12-08-2010 , 09:55 AM
Quote:
Originally Posted by notfreemoney
I've been following the legislation forum non-stop for the past few days and it is exhausting. Between the die hard PPA supporters, the people that hate the PPA now and the just plain morons, that thread is becoming impossible to read. I find myself checking it every 15 minutes, but most of it now is just people bitching at one another. Nobody really knows what is going to happen until it either gets attached to a bill or doesn't get attached. I just want this to be over with.
+1, been glued to that thread since Monday. Maybe i'm a moron as well, but its mind boggling that anyone who plays for a living could support this with a 15 month blackout. We don't all ship 100k months like Song to live off of for a year. If i didnt have a 5 year old i really would consider moving out of this backwards ass place
12-08-2010 , 10:24 AM
Quote:
Originally Posted by jij452
lol.... I knew that even without reading ;-)....

I'm just in wait and see mode....
I don't get worked up about stuff that's beyond my control. I'm following the developments, but once we know what the situation is going to be, I'll deal with it then.
12-08-2010 , 10:48 AM
man who was this guy...i'm trying to figure this out, he doesn't play 400 as much but is it Nsrafk, he can be pretty wild and stubborn at times. BTW that's a helluva 400NL game i don't think i've ever seen a 400 game with that much money on the table

Quote:
Originally Posted by jij452
Mmmm.... should prolly move up where they'll respect my raises.....

Full Tilt Poker $400.00 No Limit Hold'em - 9 players

MP2: $404.95
CO: $486.40
BTN: $2766.35
Hero (SB): $1133.45
BB: $783.00
UTG: $277.40
UTG+1: $1492.50
UTG+2: $1336.75
MP1: $2014.55

Pre Flop: ($6.00) Hero is SB with A A
2 folds, UTG+2 calls $4, 3 folds, BTN raises to $20, Hero raises to $58, 2 folds, BTN raises to $160, Hero raises to $342, BTN calls $182

Flop: ($692.00) T J 3 (2 players)
Hero bets $272.00, BTN raises to $2424.35, Hero calls $519.45 all in

Turn: ($2274.90) 6 (2 players - 1 is all in)

River: ($2274.90) K (2 players - 1 is all in)

Spoiler:
Final Pot: $2274.90
BTN shows Kh Qh
Hero shows Ad Ah
Hero wins $2271.90
(Rake: $3.00)


Quite sure nbdy cares, but same villain as in the hand when I 5bet AK pre 500BB deep......
12-08-2010 , 11:35 AM
OMG! My 5K post just passed 11 posts ago and I didn't realize it.
12-08-2010 , 11:39 AM
GoGo for 10k
12-08-2010 , 12:08 PM
Quote:
Originally Posted by tclark828
+1, been glued to that thread since Monday. Maybe i'm a moron as well, but its mind boggling that anyone who plays for a living could support this with a 15 month blackout. We don't all ship 100k months like Song to live off of for a year. If i didnt have a 5 year old i really would consider moving out of this backwards ass place
Perhaps that's all the more reason to move.
12-08-2010 , 12:25 PM
Quote:
Originally Posted by Nick Rivers
Perhaps that's all the more reason to move.
I do agree with that to an extent. I couldn't imagine taking her away from her family and little circle of friends though. Thats besides the fact i have no idea of an acceptable place to raise a child, they definitely do change everything
12-08-2010 , 02:00 PM
People that talk about leaving the USA because of online poker make absolutely no sense. I mean do you magically think that there are great online poker sites in Argentina and they love American players??? Or you think moving to Thailand opening a party account, bank account and moneybookers account with your USA passport is going to be all really easy. I mean that's what it sounds like.

It makes 0 sense to leave the USA for online poker in another country. The only way it would make even a little sense would be if they start banning IP addresses from the online sites that cater to USA players.
12-08-2010 , 02:09 PM
Quote:
Originally Posted by tclark828
+1, been glued to that thread since Monday. Maybe i'm a moron as well, but its mind boggling that anyone who plays for a living could support this with a 15 month blackout. We don't all ship 100k months like Song to live off of for a year. If i didnt have a 5 year old i really would consider moving out of this backwards ass place
I am one of the ones that is in support of it. I do hate the 15 month blackout and think it could be shortened significantly while still allowing for the US casinos to catch up enough to Pstars and FTP. While the 15 months would be horrible for a lot of people, I think it would be better for long term stability of our jobs. Every since I began playing poker as my main source of income, it has always been in the back of my mind that someday it could be gone. So while this bill isn't perfect, it would accomplish job security and would take all gray areas of our job out by clarifying that online poker is a legal activity.
12-08-2010 , 02:13 PM
Quote:
Originally Posted by loco
People that talk about leaving the USA because of online poker make absolutely no sense. I mean do you magically think that there are great online poker sites in Argentina and they love American players??? Or you think moving to Thailand opening a party account, bank account and moneybookers account with your USA passport is going to be all really easy. I mean that's what it sounds like.

It makes 0 sense to leave the USA for online poker in another country. The only way it would make even a little sense would be if they start banning IP addresses from the online sites that cater to USA players.
Anytime I see someone say "stupid Americans, just move to the UK where you dont have to pay taxes" it really tilts me. I really want to hear from someone who went to the UK, said that you want to live there to play poker fulltime as your job and they said "sure, come right in!" I don't know much about the process, but it seems like they would say screw you, your not offering anything to our society, gtfo.
12-08-2010 , 02:22 PM
Quote:
Originally Posted by notfreemoney
I've been following the legislation forum non-stop for the past few days and it is exhausting. Between the die hard PPA supporters, the people that hate the PPA now and the just plain morons, that thread is becoming impossible to read. I find myself checking it every 15 minutes, but most of it now is just people bitching at one another. Nobody really knows what is going to happen until it either gets attached to a bill or doesn't get attached. I just want this to be over with.
Exhausting is the perfect word.

In my life it really is just like 9/11 or Hurricane Katrina coverage, where there's no new developments whatsoever for almost the entire day and they just keep running the same footage and the same information over and over again, and I just sit there glued to CNN the entire time.

I'm so ready for it to be over, I don't even really care which way it goes.
12-08-2010 , 02:28 PM
Quote:
Originally Posted by notfreemoney
Anytime I see someone say "stupid Americans, just move to the UK where you dont have to pay taxes" it really tilts me. I really want to hear from someone who went to the UK, said that you want to live there to play poker fulltime as your job and they said "sure, come right in!" I don't know much about the process, but it seems like they would say screw you, your not offering anything to our society, gtfo.

And if you leave the country you still need to pay your taxes. I think the only way to avoid taxes is to renounce your citezenship and wait a 5 year period or something crazy like that.


If you want to play online poker during the blackout worst case scenario is you have to tell the wife that you need to move to Costa Rica for a few weeks to setup some online poker accounts. In Costa Rica you ask the 2p2 community what they know about setting up accounts on Party and Ipoker. I am pretty sure Party Poker is going to eventually ask for proof of identity. So you ask the hot 9.5 Colombian hooker you have been banging for the last two weeks if you can borrow her ID. You setup an account with her name and have PartyPoker verify the identity. Now, since you have a good rep on twoplustwo you can just do player transfers from your "hooker" account to real banks or other sites. Once you have your accounts up and running and the sites are cool with you playing, you move back to the good ole USA (which you will really miss by now because the rest of the world is a pile of crud) and you play all your accounts from some $19.95 a month VPN.

I mean that's "worst" case scenario. Best case scenario is you PM Schwallie and ask him how to get up and running on a Euro site without leaving the USA.

Easy game. I hope we have no more ******ed "let's move to Mexico" conversations.
12-08-2010 , 03:21 PM
Quote:
Originally Posted by notfreemoney
Anytime I see someone say "stupid Americans, just move to the UK where you dont have to pay taxes" it really tilts me. I really want to hear from someone who went to the UK, said that you want to live there to play poker fulltime as your job and they said "sure, come right in!" I don't know much about the process, but it seems like they would say screw you, your not offering anything to our society, gtfo.
Nope not GTFO!!! They don't mind at all. You are from a country with unlimited access I guess......
12-08-2010 , 03:50 PM
Full Tilt Poker $2/$4 No Limit Hold'em - 9 players
The Official 2+2 Hand Converter By DeucesCracked Poker Videos

Hero (SB): $891.10
BB: $297.10
UTG: $400.00
UTG+1: $664.30
UTG+2: $400.00
MP1: $730.80
MP2: $598.10
CO: $315.00
BTN: $349.10

Pre Flop: ($6.00) Hero is SB with A A
UTG raises to $14, 4 folds, CO calls $14, 1 fold, Hero raises to $48, 1 fold, UTG raises to $400 all in, 1 fold, Hero calls $352

Flop: ($818.00) 8 8 8 (2 players - 1 is all in)

Turn: ($818.00) 2 (2 players - 1 is all in)

River: ($818.00) 2 (2 players - 1 is all in)

Final Pot: $818.00
Hero shows A A (a full house, Eights full of Aces)
UTG shows A 8 (four of a kind, Eights)
UTG wins $815.00
(Rake: $3.00)

12-08-2010 , 04:14 PM
Quote:
Originally Posted by loco
And if you leave the country you still need to pay your taxes. I think the only way to avoid taxes is to renounce your citezenship and wait a 5 year period or something crazy like that.
I think all you have to do is renounce your US citizenship and obtain citizenship elsewhere. I can't imagine the IRS could enforce tax collection on another country's citizen living in said country who is in no way affiliated with the US anymore. Of course, to seal the deal, you could also legally change your name in your new country so that they lose track of you.

Quote:
If you want to play online poker during the blackout worst case scenario is you have to tell the wife that you need to move to Costa Rica for a few weeks to setup some online poker accounts. In Costa Rica you ask the 2p2 community what they know about setting up accounts on Party and Ipoker. I am pretty sure Party Poker is going to eventually ask for proof of identity. So you ask the hot 9.5 Colombian hooker you have been banging for the last two weeks if you can borrow her ID. You setup an account with her name and have PartyPoker verify the identity. Now, since you have a good rep on twoplustwo you can just do player transfers from your "hooker" account to real banks or other sites. Once you have your accounts up and running and the sites are cool with you playing, you move back to the good ole USA (which you will really miss by now because the rest of the world is a pile of crud) and you play all your accounts from some $19.95 a month VPN.

I mean that's "worst" case scenario. Best case scenario is you PM Schwallie and ask him how to get up and running on a Euro site without leaving the USA.

Easy game. I hope we have no more ******ed "let's move to Mexico" conversations.
It's not like Mexico is the only place you could move. There are many places you could move in Europe that are allegedly not 100% piles of crud that also have the benefit of not taxing gambling income. That said, simply getting a VPN in one of those countries and making use of some local's ID is a lot easier than up and relocating.
12-08-2010 , 04:24 PM
I read in one of the threads that if you live outside of the US for 330 days out of the year, you don't have to pay taxes on your first 91k.


It's also not calendar year, so if you go in July - July you're exempt half of that 91k those 2 years.
12-08-2010 , 04:28 PM
Quote:
Originally Posted by MATEUSZEK
I read in one of the threads that if you live outside of the US for 330 days out of the year, you don't have to pay taxes on your first 91k.


It's also not calendar year, so if you go in July - July you're exempt half of that 91k those 2 years.
Yeah, that's for US citizens living abroad. Former US citizens who are now citizens of some other country living abroad aren't subject to that IMO.
12-08-2010 , 04:46 PM
Quote:
Originally Posted by MATEUSZEK
I read in one of the threads that if you live outside of the US for 330 days out of the year, you don't have to pay taxes on your first 91k.


It's also not calendar year, so if you go in July - July you're exempt half of that 91k those 2 years.

Yes I was told that by an American living in Argentina. But most Americans that leave the USA obviously think 100% of their winnings are tax free. You still have to pay your taxes. And when the USA finds out you have a foreign bank account with 10K+, you are cooked.

Its not reasonable to denounce American citizenship to play online poker tax free (and there is a huge waiting period). I doubt anyone has ever done that. So again, leaving the USA to play online poker in some other country is plain silly.

p.s But on another note, Argentina is a great spot. The girls are super hot and super smart and educated. Its a piece of crud third world country, but its worth it for the meat alone (women and cows).

Last edited by loco; 12-08-2010 at 04:47 PM. Reason: Oh god, I hope there are no women on this thread
12-08-2010 , 05:40 PM
Quote:
Originally Posted by loco
And if you leave the country you still need to pay your taxes. I think the only way to avoid taxes is to renounce your citezenship and wait a 5 year period or something crazy like that.


If you want to play online poker during the blackout worst case scenario is you have to tell the wife that you need to move to Costa Rica for a few weeks to setup some online poker accounts. In Costa Rica you ask the 2p2 community what they know about setting up accounts on Party and Ipoker. I am pretty sure Party Poker is going to eventually ask for proof of identity. So you ask the hot 9.5 Colombian hooker you have been banging for the last two weeks if you can borrow her ID. You setup an account with her name and have PartyPoker verify the identity. Now, since you have a good rep on twoplustwo you can just do player transfers from your "hooker" account to real banks or other sites. Once you have your accounts up and running and the sites are cool with you playing, you move back to the good ole USA (which you will really miss by now because the rest of the world is a pile of crud) and you play all your accounts from some $19.95 a month VPN.

I mean that's "worst" case scenario. Best case scenario is you PM Schwallie and ask him how to get up and running on a Euro site without leaving the USA.

Easy game. I hope we have no more ******ed "let's move to Mexico" conversations.

I wasnt talking about moving for the sake of being able to play online poker. I think just about everything that goes on here is corrupt and backwards, to say the least. I actually have family in Costa Rica, so was thinking if this blackout does happen I'd be able to figure something out. Is it really that easy to play on Euro sites now?
12-08-2010 , 05:59 PM
Quote:
Originally Posted by tclark828
I wasnt talking about moving for the sake of being able to play online poker. I think just about everything that goes on here is corrupt and backwards, to say the least. I actually have family in Costa Rica, so was thinking if this blackout does happen I'd be able to figure something out. Is it really that easy to play on Euro sites now?
Theres no traffic on Euro sites for the stakes that you play, unless you've dropped down

      
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