Quote:
Originally Posted by Go Get It
And this may have been answered earlier itt, but can someone link to the ToS of UP. And does anyone know how the money for players is kept? And who does the audits of UP?
Nope, not yet. There's a couple ToS. One is the "mobile ToS" which you can get by sending HELP to the number that you got the text from. It basically says things like "we might use your location" and "text messages cost money, dummy".
There's our site ToS here:
http://ultimatepoker.com/terms-and-conditions/
Basically it says, don't cheat.
Our EULA is here:
http://ultimatepoker.com/eula/
I'm no legaltician, but it basically says what you agree to by installing our software. That you "agree to install our software by installing our software".
Our money is kept in a completely segregated manner. We *have* to have the float in a separate account that we can only draw against when we show that the money we want has been paid by players already. In fact, the financial burden to prove this (to Nevada) very high. I don't know the exact details, but this is constantly audited both internally (duh) and by NCG Audit. Lastly, I believe that if you are concerned, you actually have the right to raise an issue at a NCGB board meeting, but I have no idea what that process involves. If you do find out (or do it!) please let me know, I'd love to hear how it went.
The bottom line is that things are different now. Our money, our company, our shuffle, our people, our product are right here in Nevada. We're working to be as transparent as possible so that we can build something cool that people like to play on.
I hope I don't sound like TOO much of a commercial, but seriously.. I've drank the grape drink and it's delicious.