This doesn't make sense to me..

I always had 10 buyins max on FTP, enough if you only 4-5 table or whatever. If you need to 10+ table then keep 20-25 buyins online but I don't see why you'd keep more..

Eg - I dropped 6 buyins the other week, 5 mins later I had deposited $600 to cover it so I could still grind, money is safe in my bank and can easily be deposited within 5 mins so I don't see why you think only having a small number of buyins online is bad BRM. I just have a bank account with my roll in, earns interest and is 100% safe.

Makes perfect sense to me.

this is all you need to know, i still play ftp and stars daily. since 2006 its been known by anyone with an iq greater then a mosquito only keep what you are willing to lose on ewallets/pokersites.

Making multiple deposits and withdrawals hits your MGR.

Guys when you say you have taken off all your money can you say how much $$ you actually took off so it gives ppl a better picture. I have 30k on there an I'm going to continue to play on there still undecided if I should take it off alot of ppl are panicking!

Well if you play hu you can drlotslot if buy Ins quickly if you don't have the cash there to top up that person leaves with all your money he is not going to wait around for you to deposit more.

Wrong. Offshore sites are subject to the accounting and operating regulations of the country they're based in, hence why FTP is able to operate in the UK despite the declaration in their TOS that player funds are neither segregated nor protected.

FTP was required to keep enough money on hand to pay everyone. The difference is that they didn't have to keep it in separate accounts.

There are some indications (not enough to be called proof) that they didn't actually keep enough money to pay all players. (It is possible they had enough until the DoJ froze accounts on BF.) Also they were required to tell players that customer accounts were not protected. They almost certainly didn't do this until last month, and arguably still are not doing it. They say That doesn't look like a clear statement that customer funds are not protected to me. It requires the readers to deduce that "not segregated" -> "not protected".

I cashed out $10k three weeks ago and just did the rest of my roll yesterday. Having read how they've operated recently I just wouldn't feel safe with a large amount on there. For a pro player it seems like a no brainer to leave there soon imv.

If I ever decide to play again I'd be choosing stars in a heartbeat.

I dont think leaving so much money on FT at the moment is wise.

If u all cash out how will the americans get paid? ftp need ur monies to survive.

Really? I didn't know that!

Yes that could be true, but they shouldn't have really got into this position from the get go. As the situation stands you may not get paid in a few months! In this instance its surely better to be safe than sorry and withdraw all your cash right?

Won't be able to get paid in a few months? How do you know this? It's all speculation

Its not uncommon to drop 10-20 buy ins over the course of thousands of hands due to variance. Keeping anything less than 20 BI's on my online roll just makes no sense, I havent had to make a deposit in years, much prefer withdrawals. However with everything that is going on I think I will w/d another 10k and follow ft proceedings carefully.

Yeah it does. Moneybookers is rumoured to cost around $40 to withdraw so you can work out your mgr hit on that.

Try getting an exact figure from full tilt and they say ask your rakeback provider though. Then your rb provider will say ask full tilt lol. They are a bunch of idiots thats for sure.

70k players on this now. Yup the sky is coming down everyone cashout

in my humble opinion your bat-**** insane to keep any money in your ftp acct

Ivey's lawsuit speaks volumes about the dire situation at FTP. But hell, even after UB/AP had the cheating scandals people were still willing to give them credit. Just ignore all the signs, you'll be allright. Wishful thinking never hurt anyone.

maybe they will actually go broke if people keep convincing all non- americans to cash out. If every1 remained calm and continued playing ( non - americans) they will be fine .

Nobody said the Non-Americans were very smart

That's exaclty what I have done. Sucks to have to let the mid year bonus potentially disappear, but I'd rather have the cash.

E wallet wd's were taking 15 mins yesterday. I hope thats still the case

The UK has no leagal requirement for ring fencing player funds, nor do they even need to regulated by the UK to operate online.

http://www.telegraph.co.uk/finance/2...lack-hole.html

When black friday came thundering in and shook the world to the core, i remained unmoved, unperterbed, solid and resilient and continued to play like a beast.

However, since other day, things have changed, forever.

Withdrawn a lot yesterday although do still have a large wedge in there but thats cos am baller.

in seriousness. dont trust it much