Some people are formulating their posts addressed to you in a very political kind of way. Let me tell you what they failed to say in their posts addressed to you so there is no misunderstanding on your part. You are an idiot.

People who see FPPs as real money are deluded. Guess I'm a fool for thinking that.

Is this what I said or what you think I said?

I think you're an idiot too. Does that make us even?

yes

Good I'll sleep better knowing that.

I'm not quite sure I understand how anyone can equate FPP's as gifts. For the 171k FPP's I have in my account I paid Stars roughly $6000. I'm pretty sure they should look at my business as being a gift FROM me TO them. That's how I always viewed my business anyway since they knew it was my own voluntary choice to play on their site and for me to give them my business and my money.


Exciting update btw: I was a bit off when I was conservatively guessing before having actually looked at it. I guessed I would be down $300 from what I should be receiving. I'm actually down a little over $400.

My FPP total at 1.6c would/should be $2738. Right now I can cashout no more than $2325 in FPP cash purchases...and that would leave 590 FPP's remaining in my account I guess to acquire at some point in the future (living abroad or return for U.S. customers).

Oh well. Enjoy my $413 that you should be giving to me Stars...as well as the additional $9.44 (590 FPP's) that is stuck on there that MAYBE I will be able to have returned to me in the future.

Then Stars is deluded too in all those times they have made this exact implication.

Please let us play, pokerstars.

O Wow. I know I'm late and I'm sure you have been called out on this but wow.

What did stars do for us again. Give us our own money and allowed us to pay them for a service for 5 extra years. They put us in this spot while other sites closed the door to us. They had to know this could happen, just like stars. They did not do us any favors. The doj, fees, and what ub and ft do here are all irrelevant. They are risks / problems stars chose too take, not me.

Whatever reason you feel you need to defend stars is fine imo. But stop getting ur pantys in a bunch because were not fully happy. Honestly there is no point or logic to it, its just childish.

Being Grateful is the phrase of the day. So Pokerstars is not giving the best exchange rate for FPP's.
Would you rather Pokerstars come out and say they are going to pay everyone's balance in two months (which they could easily said if they wanted) and give full value for every FPP. (they make interest on all that money for 2 months)?

OR

Would you rather Pokerstars payout everyone's balance well before anyone expected (months before) and they don't give the very best exchange rate on FPPs?

Let's see..... hmmmm......, I choose getting paid now.

+1 well said

how about being given ANY choice in the first place. Some of us don't manage our cash as poorly as some of you. I would gladly wait, but respect people wanting it right away. That's the deference between us I guess.

Oxymoron?

Ok Ok, I've meddled enough in this thread. Somehow people who may have a genuine reason to feel aggrieved have been mixed in with the nonsense mongers claiming that they are being robbed and that this situation is all a big scam.

If you're unhappy, then fine say you're unhappy then start a lobby group or call your local senator. Just don't start making ridiculous accusations when everything stars has done to date suggests otherwise.

Ever heard of 1% management? 99% of the time your work is perfect but that 1% when you err is the one time the boss comes down on you like a ton of bricks.

And yes I still maintain FPPs are only worth what stars will give you for them, which could be nothing. If you don't believe me try taking them down to your local supermarket and buying your weekly groceries with them.

I would gladly wait as well in that hypothetical scenario. Getting my money now to get $400+ less than I should completely sucks. You betcha I would wait if given the choice.

But also how about this?:
Stars taking care of this more quickly than everyone expected has nothing to do with them KEEPING thousands and thousands of dollars worth of FPP's and also not letting their players get the full value for them.

They are completely unrelated.

Am I happy that the cashout process happened way more quickly than I expected? Yup. You bet. Really pleased with Stars there. Glad things worked out for them with the doj for them to get MY money back to ME. (again..please note...this is not Stars' money).

But while I'm happy there wasn't a more significant delay on the cashouts I just can't see how that should lead to me being okay with getting $413 less while they hang on to $9.44 more that I may never be able to get back. Ummm, that's $422.44 of my dough. And they are taking back and holding onto similar amounts from many more.

I don't need the money now but, it is a fact of today's economy that businesses go bankrupt or out of business everyday, whether its fault of their own or not.

So bird in hand instead two in the bush.

We can not use them of anything. Not even for what our status would have allowed before 4/15. That is my complaint. I have not asked to be elevated just treated fairly.

Its hard to complain about anything the way Stars has handled business but it sucks that if I had bought a Sunday million ticket with my 13,500 FPPs the weekend after black Friday it would have converted to $215 cash, but now I'm stuck buying 3 $50 credits for 4500 FPPs each.

did you ever try to spend the money you had on stars at a local supermarket? did they accept it?

i dont understand how some of you arent understanding some of our arguments... as a supernova my FPPs could be converted to cash at 62 FPPs per dollar as long as i had at least 31,000 FPPs in my account... i currently am a supernova and have over 31,000 FPPs in my account and yet for some reason instead of getting ~.0161 $/fpp i am stuck converting at an average of .0125 $/fpp and having some FPPs unconverted... this means i am losing almost 23% of the value of the FPPs that i earned and have in my account

I understand your point as I am in the same boat but the problem with allowing concierge service is PS would have to allow all players to purchase other items in the store. They can't favor one group of customers over other groups. They have to treat everyone equal.

Huh? Stars isn't going bankrupt. Why would use say that businesses go bankrupt or out of business when that doesn't apply to the situation at all? Stars continues to be a multi-billion dollar company to whom I paid thousands and thousands of dollars every year.

Some players here literally paid them hundreds of dollars every single day (or close to everyday). It is not unreasonable to expect Stars to bend over backwards for such high-volume business and loyalty regardless of whether they can still be customers now or the current DOJ situation.

It is also not unreasonable to expect Stars to not short any of their customers $10 or $100 or $422.44 of their own money.

All the time. Money is legal tender meaning that Stars are legally obliged to give me it back. FPPs are not legal tender and are only worth whatever Stars offers you by way of a discretionary bonus scheme.

If they take my money it is theft.
If they take my FPPs it is not theft. Maybe you could band together with a few people, take Stars to court and prove me wrong here.

Cashing in FPPs is not you getting your money back, it is Stars giving you their money as a bonus for being part of their scheme.

fwiw my head asploded at the thought of Stars explaining their vip system to the DOJ.

"so let's back up a moment here, what is 6 max and why is their rate different than what you call full ring?"

sup bros

Hey PokerStars Steve, this is a constructive way of giving U.S. players the middle finger. I have many thousands of dollars of points that I am going to be screwed out of, and you expect me to believe what you're saying? Do you expect the folks with 6 and 7 + figures in FPP's (which includes me) and no legitimate way to realize the value from them to take this lightly?

What you are stating here is nothing less than an insult to my intelligence.

For those of you in other countries and lots of FPP's, don't think for a minute you couldn't and actually may be in a similar circumstance in the future.

+1 don't horde your points