wasnt one of the problems that FTP was crediting players accounts before they actually had the money?

doesn't mean info is legit at all... are u sure audiences have been made public officially (court report, w/e) ?
really surprised not to have heard of that bf if that's the case, and really hoping that this is some kind of rumour ?!?!

i mean, this is some very serious problem - well, the last one i guess, but far from the least !

yeah but number Noah spoke about was $60m - quite a huge gap imo.
if this number is accurate, this is really really really not looking good.

i don't love speculation, but it seems to me the time were we could think "it's taking long, but considering FTP's value goes down as time goes by, it's maybe in the interest of a single potential inverstor to make things happen slowly, to put hard pressure on shareholders and boost his ROI up" has passed by.

it's true we've been proven in the past that customers as a group are kinda willing to forgive **** to a poker site - wich is obv a pretty big deal for pot inv.....
but games never stopped at UB. it's likely most fishes weren't aware of the scandal, and obv (some) regs followed fish.

FT has been shut down for quite a while now. i'd guess 99% of ppl having an account there know more or less what happened by now. moreover it's very likely a huge % of fishes have already made an account on another site to get their poker fix.... and are really unlikely to deposit again. i mean why would they ?

FTP's software was so great.... !? guess what : a one tabling fish cares waaaaay less about playabilty than a 16+ tabling reg.

and there's rush also ?! .... imo this concept was/is brilliant. At any level, from micro to mid stakes, it amazingly matched fishes' and regs' interests. as it would at higher stakes too (i always laugh when i see this uber long thread in HSNL about resoolving campint/sitting out/bumhunting issues at stars. get rid of tables, make a plyer pool and the problem is just solved in no freaking time imo)

yeah rush is/was just a great idea .... but is it really worth xxxm$ ????



ouuuuuuuuurps

gawd i'm drunk, i may have to puke without rereading that ****, srry.

I think you might actually write better when you are drunk. Seriously, you had paragraphs and commas and all kinds of stuff in there. Add in some capital letters are you are pretty much set.

Have you read about the kelly criterion? If you are trying to optimize bet size, most people recommend you use a unit size based on kelly or fractional kelly or something. The problem lies in quantifying your edge. You probably aren't going to be very good at that in almost every case you come across. But do a google for a kelly calculator and see how your wager size should change on different events -- favourites are going to win more often. Even if you had a 30% edge on a bet that's 10,000 to 1, you're going to lose a lot of the time. That same edge on a bet that's a huge favourite is going to win very frequently, letting your bankroll increase for future endeavours. It's the expectation of future bankroll growth that's probably confusing you.

Hey jij, you know the source is Todd Terry right? And that he has a lawsuit versus FTP? And that he has lawyers that are dealing with FTP's lawyers?

Just checking because sure sounds like you think Todd Terry is some random.

no, obv didn't know that, and that's why i was asking who was the source .

.... but really, does the fact that he's suiting FTP atm make him look like an objective and reliable source in your eyes ?

anyway, it lowers my concerns - a bit

Wait you are saying the info is not reliable? Its coming straight from the FTP's lawyers (that's what FTP's lawyers told the judge).

Anyways, somewhere in the NVG thread, Todd Terry also mentioned something about FTP's lawyers mentioning the impending sale of FTP and some kind of motion. So maybe the news of FTP being insolvent is not the end of the world.

oh well actually i kinda get outta touch with current news, but basically :


afaik, Terry is not amongst shareholders.

so what he "knows" is from lawyers from FT. FT is also obv suited by DOJ.

and i can think of obv reasons why they would lie and inflate the US-phantom-deposit shortfall.

FT is known to be a very complex and obscure entity (many companies, blah blah). sure enough, one of the main DOJ tasks at this point is to evaluate the real $ amount FT has "frauded". obv the DOJ didn't seized all the "US-money" (there's a shortfall !) and they must be seeking for it....

... so yeah, imo there's really strong incentive for FTP lawyers to "inflate" this US-deposit shortfall when exposing their comptability in court....

there's def a good chance shortfall numbers Teddy speaks about are BS

game theory ftw

We got straight jacked. Well played, Lederer. Well played. Hope you're enjoying circling the globe in your private jet so as to avoid the long arm of the DoJ.

The brand's value is getting lower everyday. What people will remember is FTP was run to the ground by a bunch of unethical idiots.

just throw up an "under new management" sign

ftp doin mucho better, imo

lol yeah, they're making great business at the moment

It would take very little time for this to recover if it were up and running, and were being run competently. New investors could bring in new management to do just that. Obviously, this matters little to American customers right now (save for those with monies locked up), but it could still be a frontrunner in the global market.

Surely your not implying that FT would commit perjury?

well, sort of i guess. and again, from what i've heard FT is a super opaque business (tons of companies,...). they made things like that in purpose, right ?

so yeah, if FT's management is smart , it's very likely that....


oh wait

on another subject, anybody ever wondered why HQ consistently write TwoPlusTwo for 2p2 ?

Fatdan not getting enough love. He drops my jaw everytime I check on him. True props to you fatdan. A couple more months of this and people will forget girah and hail fatdan. Amazing. Truly amazing. The feel good story of the year. Fatdan single handedly gives hope that hard work and dedication still pay off in online poker.



cliff notes:

At the beginning of this year, fatdan was basically SNE rakeback grinder. He won a little at fullring but was basically breakeven at 6max. In March he took on an epic prop bet here on 2p2 where he made 200 buyins at 100NL fullring!!! He absolutely crushed the bet and made like 50K in prop action.

After blackfriday, he relocates and moves up in stakes and crushes pokerstars for $50K in July. Claims of luckbox, sunrunner, greatest run of all time are made.

Halfway through August, up another $60k!!!!

A legend is born who hails from the fullring pokers????? Hopefully I don't jinx him. Would love to see him crush the rest of the year.

lol you giving me a little to much love sir

pretty sick story/run though. congrats.

I sound like dog is head. You can be girah. I already pumped you up to the
2p2 crowd. Now you would need staking. Then you can offer coaching at $500 an hour. Then I can sign you up as a Stars pro. Then you could scam people like girah.

Oh wait, why would you ever need a stake if you crush???? Oops, story unfolded at step 1. I have been talking about this for years on this very forum. No stud would ever need a stake. Not sure how girah could ever convince anyone that a $1.6 million dollar winner could need a stake.

I hate to slander someone, but its obvious DIG is homosexual and wanted to pound the living feces out of girah and thus overlooked everything.




p.s I hope people see that this is a humorous post. Lately, I have been contacted with implications that my posts are to be taken seriously and as fact. Most of you have followed my posting career here since day 1, so I don't have to remind you guys. Just wanted to remind the new guys.

p.p.s Getting to the point where I might need a stake or get a job. Ironic????

Hello

I couldnt think of anything else to say, so Im gonna go with "Hello"

Although, I guess by saying I have nothing else to say I have in fact said something.

Bottom line, I can neither confirm nor deny that I do or do not have anything else to say

I think I have said to much already

Looks like another bored FTPer hit the herb tonight. Jij452 and whale frequently hit the herb also. I haven't hit the bong in years, maybe that will help with the pain. Smoke a big old fatty and go watch Smurfs.

Do we have any movement towards getting paid?

Does my dream from last night count?