another site got license suspended (24poker, from Nov. 2011) - Poker News

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another site got license suspended (24poker, from Nov. 2011)

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11-28-2011 , 07:14 PM

himomitsme

grinder

Join Date: Sep 2011 Posts: 538

hope you guys didn't have too much money on there

http://www.cardplayer.com/poker-news...spends-24poker

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11-28-2011 , 07:16 PM

:::grimReaper:::

veteran

Join Date: Jul 2010 Posts: 3,113

never even heard of it

Quote

11-28-2011 , 07:16 PM

I_Poke_4_Fun

grinder

Join Date: Jun 2009 Posts: 523

30k

Quote

11-28-2011 , 08:00 PM

theguru

veteran

Join Date: Dec 2010 Posts: 2,132

24poker?

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11-28-2011 , 08:13 PM

Gregg777

veteran

Join Date: Aug 2004 Posts: 2,952

I'm sorry, but the more this happens the better.

Too much shady and unregulated crap going on (non responsive support, delayed payments, bots allowed, etc.).

Unfortunately the only way to get it all under control and make online poker legit is for enough of these houses of cards to come down.

Good day for online poker IMO.

Quote

11-28-2011 , 08:19 PM

luckyjimm

Carpal \'Tunnel

Join Date: Mar 2006 Posts: 12,195

Thought I had heard of it, then realized this is not the same site as the long established 24h Poker on Entraction, which is still up and running.

Quote

11-28-2011 , 08:47 PM

barradri

veteran

Join Date: Mar 2009 Posts: 2,258

so there is a 24poker and a 24hpoker?

Heard of 24h but not the other one. Seems a bit strange

Quote

11-28-2011 , 08:53 PM

ArcadianSky

veteran

Join Date: Apr 2006 Posts: 2,386

Quote:

Originally Posted by I_Poke_4_Fun

30k

wat

Quote

11-28-2011 , 08:57 PM

Andynan

Join Date: Mar 2006 Posts: 27,680

is this 24h poker?

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11-28-2011 , 08:59 PM

#10

Enervate

banned

Join Date: Jul 2007 Posts: 3,064

how are microgaming still in business?

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11-28-2011 , 09:45 PM

#11

leconnaisseur

adept

Join Date: Mar 2010 Posts: 1,092

Quote:

Originally Posted by Gregg777

yeah enjoy paying all those taxes fish

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11-28-2011 , 09:53 PM

#12

mustmuck

veteran

Join Date: Jul 2005 Posts: 2,497

You really have to wonder whether Microgaming look into these guys at all and what that means for the financial safety of the network as a whole.

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11-28-2011 , 11:09 PM

#13

Gregg777

veteran

Join Date: Aug 2004 Posts: 2,952

Quote:

Originally Posted by leconnaisseur

yeah enjoy paying all those taxes fish

I agree with your sentiment completely. I have been posting for years that Uncle Sam and the big name casinos are positioning for their cut.

But just because you don't want massive taxes doesn't mean you have to settle on shady organizations.

There are plenty of successful business models with strong independent regulation.

If the US goes massive taxes on top of massive rake you won't find me playing there because it is not financially viable.

BTW I am just a rec player, for those that grind for a living, I hope you have better options in the future.

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11-29-2011 , 01:06 AM

#14

Gunner171

grinder

Join Date: Mar 2010 Posts: 428

Quote:

Originally Posted by Gregg777

LOL at governement regulation being there to protect players. Fulltilt.fr players have been paying roughly 2% extra rake to their governement in return for a regulated environment. Do you think a single Euro of that money would go back to the players if Fulltilt didn't pay out?

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11-29-2011 , 01:27 AM

#15

Gregg777

veteran

Join Date: Aug 2004 Posts: 2,952

Quote:

Originally Posted by Gunner171

[ ] Reading comprehension ITT

Hint: read post right above yours.

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11-29-2011 , 01:37 AM

#16

monkiii

Hottest 4Lifer '10

Join Date: Apr 2008 Posts: 2,029

Quote:

Originally Posted by barradri

so there is a 24poker and a 24hpoker?

Heard of 24h but not the other one. Seems a bit strange

ah, me too. totally confusing.

Quote

11-29-2011 , 02:56 AM

#17

Gunner171

grinder

Join Date: Mar 2010 Posts: 428

Quote:

Originally Posted by Gregg777

[ ] Reading comprehension ITT

Hint: read post right above yours.

You say you would like regulation and paying tax to the government if it's not outrageous because you assume it will protect the players, I say regulation (as proven by countries that actually have it) in practice means filling the governments pockets while doing absolutely nothing when it comes to protecting the players.

What did I miss?

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11-29-2011 , 02:56 AM

#18

boohaa12

Pooh-Bah

Join Date: Aug 2006 Posts: 4,194

Sounds like another Eurolinx Ponzi.

This is tottaly ****ed for anyone losing money, 0% microgaming does anything or even offers sick bonuses on another skin. They are worthless from a network stand point.

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11-29-2011 , 03:33 AM

#19

Gregg777

veteran

Join Date: Aug 2004 Posts: 2,952

Quote:

Originally Posted by Gunner171

You say you would like paying tax to the government if it's not outrageous because you assume it will protect the players.

I did? Where?

US citizens already pay taxes on winnings in the form of income tax.

Quote:

Originally Posted by Gunner171

What did I miss?

This:

"There are plenty of successful business models with strong independent regulation."

Quote

11-29-2011 , 03:44 AM

#20

AsRequested

adept

Join Date: Feb 2009 Posts: 888

Quote:

Originally Posted by Enervate

how are microgaming still in business?

Quote

11-29-2011 , 03:49 AM

#21

strongbow

newbie

Join Date: Oct 2011 Posts: 40

So 24hpoker and 24poker are different things then? This is very confusing!

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11-29-2011 , 04:06 AM

#22

georgebushda3rd

banned

Join Date: Aug 2011 Posts: 634

Quote:

Originally Posted by leconnaisseur

yeah enjoy paying all those taxes fish

right, not to mention tell the fish how the government is going to stop all the cheaters and colluders. Who want's to pay 28% rake to a government who took poker away from us? I'll stick with bodog!!

Quote

11-29-2011 , 04:32 AM

#23

Maso777

Carpal \'Tunnel

Join Date: Jun 2008 Posts: 6,961

Quote:

Originally Posted by Enervate

how are microgaming still in business?

A mystery to me. I wouldn't go near them.

Quote

11-29-2011 , 04:42 AM

#24

Maso777

Carpal \'Tunnel

Join Date: Jun 2008 Posts: 6,961

Quote:

Originally Posted by Gregg777

If the US never came out with UIGEA, or black Friday, Americans would be playing on legit sites today.

Regulation is horrible for poker, if you think increased rake and segregated player pools is good for the game you are mistake. No regulation at all is much better because anyone can deposit and play where they want.

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11-29-2011 , 05:26 AM

#25

jasperdgg

journeyman

Join Date: May 2006 Posts: 197

For shame, Microgaming...

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