I've never talked to Adam Greear outside of 2p2. I've never gambled with him personally, nor does he really know who I am.

However, for his sake, to my knowledge he has an impeccable reputation in the gambling community as being honest and forthright. He's made several 4-5 figure bets on both sports and poker. Most of the time people don't even ask him for an escrow for these. He's posted pictures of his girlfriend and kids, most 2p2 sports guys are facebook friends with him, and I've personally seen him grinding at Motor City Casino.

He's always been 100% transparent in everything. This is part of his charm, that got him banned in the sports forum so many times.

It's a very small amount of money to him. I'd vouch.

I think the point is more, can a banned user just come back to the forums with a new account w/o the approval of 2+2.

He had the approval of the sports mods, who definitely weren't thrilled about him coming back. He had more free passes than anyone due to how open he was with his life.

Collectively, the SE mods (of which I am one) have allowed him to post under this handle given that he's toned down his act and been more calm and collected. I think the account should be unbanned assuming he's done nothing outside of SE since its inception to warrant being banned.

thank you!
Finally got someone to respond.

How come the premiums people are offering seem so large? $300 real cash for $375 poker money seems like free money, given that the person with the $375 can just withdraw. Is this mostly a US-Europe issue?

Is bitcoin accepted for transfers? I didn't see anything in the readme on this (just no paypal)

Can you do the same in minted forum ?

Funds from a lot of networks, specifically the US facing ones, are currently devalued on the secondary market because customers are finding wait times to be unacceptably long, often complicated by things like checks that bounce. The long wait for cashouts is common on cake network, merge, and everleaf (haha, not funny).

So some would rather take a 5-15% hit to get "cashed out" instantly by utilizing a P2P trade.

I don't think it's against the rules, but i doubt anyone is looking to trade for bitcoin when they have bills to pay and families to feed.

I'm going to comment on bitcoins since I have some personal experience with them.

On the plus side
They are non-reversable and non-traceable. You send someone coins and they show up in your account in about 30 mins. The government does not have any visibility on who sent/received the bitcoins.

On the negative side
- It's too much work for some people since you need to set up accounts with dwolla, mtgox, and link dwolla to your bank account.
Think of dwolla as paypal and mtgox as your stock broker.

- You need to load dwolla, send money to mtgox, trade real dollars for bitcoins, send bitcoins to someone who then needs to sell the bitcoins on mtgox, transfer from mtgox to their dwolla account and then withdraw to their bank.

- bitcoins fluctuate wildly in price. So if you just held $100 worth of bitcoins in your mtgox account, it could be worth $80 or $120 in the next week. In the last year bitcoins were worth anywhere from $1 to $30 each. Currently they are worth about $4 each.

Here's something interesting for those scammed by Sdid. CarbonRyan believes the scammed money is still in Sdid's carbon account and the account is currently locked.

http://forumserver.twoplustwo.com/sh...ostcount=11847

I'm hoping carbon/merge will decide to reverse the transfers. It would make sense to do that but I also wouldn't be surprised if there was a different outcome.

To some poker site security personnel no proof is proof enough.
Outside e-mails, screenshots of transfers and transactions, messaging scripts, etc. can all be faked or shopped.
Even if the source of such info is 98% reliable and the accused is an account with suspicious activity, well "that just might not be enough".

Cake and FTP were the only sites that could be counted on to do what was so obviously the right thing.

Networks like Merge, Everleaf and even Stars will drag their feet hoping the situation will go away.
After all you shouldn't be trading with strangers.

Good job on D.S. posting in the Carbon thread.
Taking it to the streets until Carbon and Minted correct this could be the way to go.
I'm tired of being brushed off when I e-mail site's security pointing out scams, offering full proof and requesting some form of action on their part.

They never get back to me after an initial "we value etc. etc."

Yes and I can understand their point of view.

Anything proof that I could provide could be forged.

However, when a number of long time, high volume customers all claim being scammed by the same person then I would hope carbon/merge would take notice.

I might have been somewhat lazy in my research on Sdid. I did review his past posts but noticed that he had successful trades with a number of people, so it lessened my need to scrutinize his one-liners to boost his post count. I googled "amazon gift card scam" and nothing came up. I googled "reverse amazon gift funds" and no alarm bells. I noticed it was common for people to sell these gift cards on ebay. Also some posts on 2+2 claimed that funds were non-reversible, so I decided that I had enough positive data points to go ahead with the trade.

Even when I talked to Amazon customers service, I was told that once the cards were activated the funds would never leave my account. It was not until I spoke to more senior Amazon people and went through some hypothetical scenarios did they admit that the funds could be voided/reversed.

What is the going rate for buying Cake money?

Done.

How fast would it be to xfer money off party poker to pokerstars if using the p2p trade? Would it take me a while to find someone?

Anyone?

Try it.

Or bump it again in 22 minutes and see if that will get you a better answer.

Can someone please tell me how a US bank wire works? Basically, if I have money on Cake, and don't want to wait four months for a cash out, can someone send me a bank wire and then I send them a player to player transfer? I realize I will have to pay a decent amount of vig for this, and both parties have to build up trust etc... However, I am curious as to how long bank wires normally take, and are they reversible (don't want to get scammed)? Please tell me anything else I may need to know, thanks in advance for your help.

- They need your name, account number and routing number. Once they have that they can initiate a wire to your bank.

- Wires normally take 2-3 business days. You might even see a "deposit pending" in your account in 1 business day.

- Once it is cleared, I don't think it can be reversed but I'm not 100% sure. If you are going to be scammed, the scammer wouldn't even initiate the transfer in the first place. Read the OP in the trading thread for tips to avoid getting scammed.

- Depending on your bank, some traders can do a p2p and it shows up immediately in your account.

- Also some banks will let users do an electronic transfer of funds to any user at any bank (ie ING bank). It works just like a wire transfer but I don't think it is technically a wire transfer.

I did a search for it but couldnt find what I was looking for.

Whats the current exchange rate for cake funds. A few months ago it was like .60 on the dollar but I'm guessing its improved a bit since.

Try looking in the p2p thread for people trading for cake right now.

Airborne, sandbagged, nimbus:

Thanks for the detailed replies. The comments on bitcoin were helpful.

Are withdrawal times for EU players a lot shorter?

Thank you for this reply, you gave me the info I was looking for.