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The great "Poker is rigged" debate - Collected threads edition The great "Poker is rigged" debate - Collected threads edition
View Poll Results: Is Online Poker Rigged?
Yes
3,508 34.88%
No
5,615 55.84%
Undecided
933 9.28%

12-04-2010 , 04:39 PM
Quote:
Originally Posted by ken******
Well there is one undeniable fact.The owner of Pokerstars is a fugative in America and will not step foot on American soil but thats not to do with greed or tax free dollars.?
I don't understand this. Are you saying that he's a fugitive because he doesn't pay taxes to the US government?
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 04:43 PM
Quote:
Originally Posted by Josem
I'm impressed with the logic process that goes from "there was evidence found of people cheating" to "therefore, the fact that other people haven't been caught cheating is proof that they are cheating too"
Can the owner of the company(POKERSTARS) you work for visit the USA.
Would you care to explain why.
As you are could be on profit share or a % i look forward to your reply.

KRT

Last edited by kenretard; 12-04-2010 at 04:51 PM.
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12-04-2010 , 04:45 PM
Quote:
Originally Posted by Josem
I'm impressed with the logic process that goes from "there was evidence found of people cheating" to "therefore, the fact that other people haven't been caught cheating is proof that they are cheating too"
Worked for GWB/tBliar.
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 04:46 PM
Quote:
Originally Posted by ken******
Can your the owner of the company you work for
Wat?
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12-04-2010 , 04:48 PM
Quote:
Originally Posted by Resistance
I don't understand this. Are you saying that he's a fugitive because he doesn't pay taxes to the US government?
Isai Scheinberg owner of Pokerstars.

KRT
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 05:04 PM
Quote:
Originally Posted by polishpride1960
only 2 % of online players make a profit but 99 % percent say that post claim that they are winning player's something does not add up.
You don't have to believe anyone's claims. Large databases are available showing that over 30% of online players are net winners, in both cash and tournaments. It's higher at higher stakes and lower at micros. Don't base your argument on made up numbers.

Last edited by spadebidder; 12-04-2010 at 05:27 PM.
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 05:04 PM
Quote:
Originally Posted by TwoMoos
Are you implying Russ H is an idiot with a large personal gain?
in the way he went about trying to steal he showed his lack of experience and intelligence in doing so and therefor did so foolishly.

and no, i wasnt saying anything i was asking a question...which you deflected.
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12-04-2010 , 05:14 PM
TBob, I made the statement that people/businesses will sometimes take huge risks for negligible gains. You asked if I knew what Russ Hamilton made. I don't.
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 05:17 PM
Quote:
Originally Posted by TBobLP
Its really NOT wrong...as was said the potential risk is not worth the potential profit making it -EV. There are not that many situations in the past where somebody put everything they had at risk for not much more. That is the argument here
I see it in the same way. As a result its random or they will rigg the deal in such a complex way that it is nearly unpossible to detect it.

If you look at the forum you see no prooven rigged deal but douzends of cheaters / colluders threads....and i bet its a bigger problem than any rigged deck.
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12-04-2010 , 05:17 PM
Quote:
Originally Posted by TBobLP
in the way he went about trying to steal he showed his lack of experience and intelligence in doing so and therefor did so foolishly.

and no, i wasnt saying anything i was asking a question...which you deflected.
there is clear and convicing evideince he got away with this for 4 years before being caught.2004-2008.

Dont you just love these unregistered/regulated companies.
Like the Pokerstars owners who turn down billions if the company floated and went public to keep illegaly operating in the USA thus breaking the law and making tax free dollars this is how Pokerstars became the number one pokersite,But greed and tax free dollars dont come into this.

KRT
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12-04-2010 , 05:28 PM
ken****** == BoP ?
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12-04-2010 , 05:44 PM
Quote:
Originally Posted by spadebidder
ken****** == BoP ?
No i am not against online poker or BOP???? i would like transparency.

If i have to pay tax on my winnings why does my pokersite get away with paying none on my rake.Why do i fear my funds being siezed by the feds.

Some people do not understand the what these people will do for the dollar
even if it means ruinng there reputation and being on the wanted list in certain states/countrys.

So in reference to rigging there is not much some of these scumbags wont do for the dollar.
Is Pokerstars juiced for action is the RNG skewed by % as a site that was developed(software) by a greedy law breaking owner its not to hard to keep an open mind about thus said accusations.

KRT
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12-04-2010 , 05:46 PM
Quote:
Originally Posted by ken******
there is clear and convicing evideince he got away with this for 4 years before being caught.2004-2008.

Dont you just love these unregistered/regulated companies.
Like the Pokerstars owners who turn down billions if the company floated and went public to keep illegaly operating in the USA thus breaking the law and making tax free dollars this is how Pokerstars became the number one pokersite,But greed and tax free dollars dont come into this.

KRT
lol, are you out of your mind?

PokerStars is a company based in the Isle Of Man. Why should it pay taxes to the US government, any more than, say, the government of Nigeria or Australia?
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 05:58 PM
Quote:
Originally Posted by Resistance
lol, are you out of your mind?

PokerStars is a company based in the Isle Of Man. Why should it pay taxes to the US government, any more than, say, the government of Nigeria or Australia?
I have to go but before i do search about the structure of this company why it operates from the isle of man(costa rica before) and why the owner is wanted in the US.
Also look at US tax laws.

you should find the answers.

KRT
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 06:00 PM
Quote:
Originally Posted by ken******
I have to go but before i do search about the structure of this company why it operates from the isle of man(costa rica before) and why the owner is wanted in the US.
Also look at US tax laws.

you should find the answers.

KRT
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 06:12 PM
Quote:
Originally Posted by ken******
Dont you just love these unregistered/regulated companies.

they are regulated...perhaps you would prefer the same regulation that enron and arthur anderson accounting received?
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 06:14 PM
Isai Scheinberg (POKERSTARS OWNER) is now wanted by the Department of Justice of the United States of America for what they believe to be “illegal internet gambling.On adice of his Lawyer he will never enter the US again for fear of prosecution.
Also the company was relocated due to corperate tax but it looks like the UK is clamping down on theses greedy scumbags who think there tax exempt unlike the rest of the population.



And Nfeugo has the mental age of a 2yr old.I have reported you for spamming this thread.
To meny intellectually challenged posters ITT


KRT
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12-04-2010 , 06:23 PM
Quote:
Originally Posted by TBobLP
they are regulated...perhaps you would prefer the same regulation that enron and arthur anderson accounting received?
Public companies - Ownership rights (Shares) are traded on the stock exchange. Anyone can have part ownership of the company ie. BT, Microsoft. Their accounts need to be audited and are of public information


Private company - Ownership is usually just a few people. These are commonly smaller businesses. Their shares are not traded on the stock exchange. Their accounts dont need to be audited, and their financial statements are private


KRT
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12-04-2010 , 07:10 PM
Quote:
Originally Posted by ken******
If i have to pay tax on my winnings why does my pokersite get away with paying none on my rake.Why do i fear my funds being siezed by the feds.
I don't think this is true. Most companies pay tax in the place that they are based.

So, for example, Skype pays tax in Switzerland (?). The different operations of Amazon pay tax in the places that they operate from - when I, as an Australian, buy something from Amazon.com in the US or Amazon.co.uk in the UK, they presumably pay taxes in those locations. I assume that the various poker sites pay taxes in the places that they operate.
Quote:
Some people do not understand the what these people will do for the dollar even if it means ruinng there reputation and being on the wanted list in certain states/countrys.

So in reference to rigging there is not much some of these scumbags wont do for the dollar.
The fact that you think that people will steal because you think that they can steal is, in fact, a reflection of your own lack of integrity, not a reflection on other people.

Your own apparent lack of integrity does not mean that other people have low integrity - it only means that you do not have it.


I'm a little old fashioned in this respect - before accusing someone of being a thief, you should have evidence of something being stolen.
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 07:12 PM
Quote:
Originally Posted by ken******
And Nfeugo has the mental age of a 2yr old.I have reported you for spamming this thread.
To meny intellectually challenged posters ITT


KRT
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 07:19 PM
Quote:
Originally Posted by ken******
Public companies - Ownership rights (Shares) are traded on the stock exchange. Anyone can have part ownership of the company ie. BT, Microsoft. Their accounts need to be audited and are of public information


Private company - Ownership is usually just a few people. These are commonly smaller businesses. Their shares are not traded on the stock exchange. Their accounts dont need to be audited, and their financial statements are private


KRT

you do not know what you are talking about plain and simple. using my example of enron...they were a public company, their accounts were audited by a company as fraudulant as themselves, their records that were made public were false. what say you?

private companies are audited by the way, and their financial statements certainly are NOT private. they are subject to the same tax laws and regulation as any other company. besides, most of the gain of misreporting financial statements is in inflating your stock price, which would have no gain for a privately traded company. a vast difference in stock ownership of a company has not been shown to be correlated to whether it is privately or publicly traded, so if you would go ahead present some research of yours to show this it would be appreciated
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 07:24 PM
Quote:
Originally Posted by ken******
Public companies - Ownership rights (Shares) are traded on the stock exchange. Anyone can have part ownership of the company ie. BT, Microsoft. Their accounts need to be audited and are of public information


Private company - Ownership is usually just a few people. These are commonly smaller businesses. Their shares are not traded on the stock exchange. Their accounts dont need to be audited, and their financial statements are private


KRT
There are lots of small publicly traded companies and lots of large private companies. Also, whether a company is publicly traded or private doesn't effect whether or not they can be audited. They have to still pay tax wherever they are located and if their books are requested to be opened they must open them. A lot of decisions made by publicly traded companies have to go through the share holders, but paying taxes or not isn't one of them.

You're making a fool of yourself in this thread. Perhaps intentionally so, but if not I'd suggest you take a breather and come back when you have something intelligent to post.

Last edited by KingOfFelt; 12-04-2010 at 07:25 PM. Reason: In after TBob
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12-04-2010 , 07:26 PM
Quote:
Originally Posted by Josem
The fact that you think that people will steal because you think that they can steal is, in fact, a reflection of your own lack of integrity, not a reflection on other people.

Your own apparent lack of integrity does not mean that other people have low integrity - it only means that you do not have it.


I'm a little old fashioned in this respect - before accusing someone of being a thief, you should have evidence of something being stolen.

BINK

and Josem, you can certainly rest assured that it's not just you...there have been large scale psychological studies that support this theory. An example is of the relationship between a girl I dated for a while and her mother. The mother would constantly open her mail, try and get her passwords, check her phone records and basically know everything about her life. The daughter had never done anything like this in her life yet was constantly being warned by the mother that practicing any of these activities towards her would result in punishment and was falsely accused many a time. Basically, knowing you are capable and willing to do something immoral causes a lack of trust among others in the same vein. It is predicated upon the fact that someone else has the same opportunities to do wrong as you, and therefor they must have the same moral capacity (or lack therefor) for doing these things. This of course is a false belief.
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 07:47 PM
Quote:
Originally Posted by ken******
Private company - Ownership is usually just a few people. These are commonly smaller businesses. Their shares are not traded on the stock exchange. Their accounts dont need to be audited, and their financial statements are private
Do you want to check your facts before making ******ed statements like the above, ken?

Obviously we are going to make allowances for you because you are an idiot but even so ...

Clue: Private companies do have to have their accounts audited.

Ken, anyone is allowed to act like an ignorant buffoon but you are abusing that privilege.
The great "Poker is rigged" debate - Collected threads edition Quote
12-04-2010 , 07:49 PM
Quote:
Originally Posted by ken******
I have to go but before i do search about the structure of this company why it operates from the isle of man(costa rica before) and why the owner is wanted in the US.
Also look at US tax laws.

you should find the answers.

KRT
PokerStars is not an American company. Its owners are not American and it's not based in the USA.

Also your point about private companies is ******ed. Look at this list of private companies.

Are they all private to hide from auditing as well?

http://www.forbes.com/2002/11/07/privateland.html
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