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Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

04-25-2012 , 04:22 PM
i guess news that stars bought tilt shouldnt be published, cose they will need who know how much time to spent in negotiations etc.
so i dont know one - two weeks seem's reasonable time to see some news.
04-25-2012 , 04:25 PM
Quote:
Originally Posted by NoahSD
Is there any reason at all to believe that the $750M came from somewhere other than somebody's rectum?
$750m would fill an 80-inch cube and weigh seven and a half tons, so that would have to be some rectum.
04-25-2012 , 04:27 PM
Quote:
Originally Posted by The Apex

Finally the 24/7 these two gentlemen have been working the last year has paid off. Anybody want me to give them a special thanks if I see them?
04-25-2012 , 04:35 PM
Quote:
Originally Posted by KingKongGrinder
HAHA. Dude, it's confirmed when Pokerstars says it's confirmed and not before.
+1... and i'll go a step further. closing is a big deal, although fact that PS and DOJ seem to have negotiated this makes this quite likely once announced. in other words, given that PS would be paying all of FT players monies owed then there wouldn't be too much potential for ugly surprises i.e. paying back another company's customers is as bad as it gets
04-25-2012 , 04:37 PM
Quote:
Originally Posted by chisness
Anyone else insert "Dayenu" in between every [x] line?
omg one of the funniest posts on 2p2 of all time
04-25-2012 , 04:42 PM
BTW...........

What happened to that wonderful PokerQ4 website that had that wonderful inside scoop last week?

LOL

Last edited by JokerTilt; 04-25-2012 at 04:45 PM. Reason: typo
04-25-2012 , 04:43 PM
pretty good cliffs on the whole situation

http://online.wsj.com/article/SB1000...089824216.html

Last edited by The Apex; 04-25-2012 at 04:43 PM. Reason: wallstreet journal shill obv
04-25-2012 , 04:44 PM
btw, I've seen that pokerstars atm offers a $250 reload bonus, do they often offer these bonuses, or is it so they can raise the money to purchase ftp?
04-25-2012 , 04:46 PM
Quote:
Originally Posted by cobain79
btw, I've seen that pokerstars atm offers a $250 reload bonus, do they often offer these bonuses, or is it so they can raise the money to purchase ftp?
So you're asking if Pokerstars is buying Full Tilt (with the DOJ's help) through a Ponzi scheme?
04-25-2012 , 04:46 PM
Quote:
Originally Posted by cobain79
btw, I've seen that pokerstars atm offers a $250 reload bonus, do they often offer these bonuses, or is it so they can raise the money to purchase ftp?
Normally one RL a year, but normally not this juicy.

Last edited by JokerTilt; 04-25-2012 at 04:46 PM. Reason: typo
04-25-2012 , 04:47 PM
wise investment. this gives marketing some new possibilites:

Full Tilt
Poker Stars
Full Stars
Poker Tilt
Spoiler:
Full Poker Tilt
Full Stars Poker
Full Tilt Stars
Poker Tilt Stars
Poker Tilt Full
Poker Stars Tilt
Poker Stars Full
Tilt Poker Full
Tilt Stars Poker
Tilt Poker Full
Tilt Full Stars
Spoiler:
Full Poker Stars Tilt
Stars Poker Tilt Full
Full Stars TIlt Poker
Tilt Poker Stars Full
Stars Full Poker Tilt
Tilt Full Poker Stars
Tilt Full Stars Poker
...

04-25-2012 , 04:47 PM
Quote:
Originally Posted by cobain79
btw, I've seen that pokerstars atm offers a $250 reload bonus, do they often offer these bonuses, or is it so they can raise the money to purchase ftp?
Pokerstars never touches deposits since a few months, they always have them on hand, it's on their site somewhere...

I think that if Isai wants to spend 700 million on something it isn't that big of a problem to him, it's obv a lot of money but I don't think he'd have problems coming up with it.
04-25-2012 , 04:47 PM
Please read the new sticky, and please stop posting stuff that nobody wants to read.
04-25-2012 , 04:48 PM
Also, what I'm hoping for: 2 complete seperate networks, EXCEPT:

-Every Sunday, a cross network $11, $55 and $215 tournament
-One yearly cross network tournament series

-Not sure if it makes sense, but maybe Rush pools shared.
04-25-2012 , 04:59 PM
Quote:
Originally Posted by bbfg
Also, what I'm hoping for: 2 complete seperate networks, EXCEPT:

-Every Sunday, a cross network $11, $55 and $215 tournament
-One yearly cross network tournament series

-Not sure if it makes sense, but maybe Rush pools shared.

Would we see actual cross netowrk tournamanets? I know I am getting a littel too far ahead of my self but it is going to be intriguing to see what they do in terms of that. or will they just let the two sites operate seperately in terms of players/tables and whatnot.
04-25-2012 , 05:02 PM
Quote:
Originally Posted by markksman
[The idea that prohibition creates criminality] is wrong. There is no evidence that FTP was a profitable business before the UIGEA. In fact looking at their spending it is highly unlikely, bordering on the impossible. I know people want to romanticize the FTP they fell in love with as some business juggernaut but that was never true. It is a business that struggled to survive under a massive burden of out of control spending.

FTP was horribly run, horribly managed and not successful from any standpoint a reasonable business person would consider success. Well except tricking a bunch of people to deposit their money there. From what makes a business successful though, complete failure.
this post is beyond absurd. prohibition creating criminality can't be "wrong." it's not a theory, it's simple cause and effect; one thing creates the other. prohibiting an activity isn't going to eliminate the activity. instead, it's going to shift control of the activity from businessmen to business-minded criminals. that's a huge part of the reason prohibition is always a terrible idea.

suggesting that FTP was never profitable is laughable. FTP always received good traffic. there's no way that their "spending" (what spending? hosting costs? FTPDoug's salary?) stacked up to their profit. a highly-trafficked online poker site takes in hundreds of millions of dollars per year via rake. as of 2010, it was estimated that pokerstars was raking over a billion dollars a year. a billion dollars! and that's risk-free. FTP was never as big as pokerstars, but lol at the idea that they were struggling to show a profit due to "spending."

under free market conditions, highly-trafficked poker sites such as FTP don't struggle to make money. the opposite is the case: they're about as close as a company can get to printing money.
04-25-2012 , 05:05 PM
Quote:
Originally Posted by The Apex
pretty good cliffs on the whole situation

http://online.wsj.com/article/SB1000...089824216.html

Here are some cliffs too.

http://www.pokernewsdaily.com/rumor-...t-poker-21604/

Last edited by Pauky; 04-25-2012 at 05:22 PM.
04-25-2012 , 05:07 PM
Quote:
Originally Posted by Pauky
Here are some cliffs too, but the author, Dan Katz, gives no sources or credit to 2+2. Why is that? Does this site lack credibility?

http://www.pokernewsdaily.com/rumor-...t-poker-21604/
Think you need to go back and read the second paragraph.
04-25-2012 , 05:12 PM
Quote:
Originally Posted by Tapirboy
$750m would fill an 80-inch cube and weigh seven and a half tons, so that would have to be some rectum.
Nothing a bit of jail time wouldn't sort out.

Last edited by MikkeD; 04-25-2012 at 05:14 PM. Reason: That must be where Lederer and Bitar hid theirs anyways
04-25-2012 , 05:13 PM
Quote:
Originally Posted by NoahSD
Please read the new sticky, and please stop posting stuff that nobody wants to read.
Oh no! I've been highlighted as an example of what not to write on this forum. I do get what I deserve for letting another poster rile me and not thinking before I reply. And it was especially hypocritical of me to make the inflammatory post that I did since I've complained about similar posts in the past.

My apologies to 2+2 for being an idiot, and I will endeavour to be a better poster in the future.

And sorry for this no-content post, it will be my last, I hope!
04-25-2012 , 05:14 PM
Just a few musings:
I'm not too keen on a PS monopoly but the deal is much better than the Tapie one for US & ROW players if it comes off. Also it is a well run company, who have segregated player funds and good customer service - so much better than FTP 1

As long as they keep the software, tournament structure & schedule and promotions then i can live with it. If they start turning it into the main PS site I will remove my money and never play poker again!

The deal makes sense if the DOJ refuse to have PS back in the US as FTP would be their back door route back in.

However, there is some talk by the conspiracy theorists that PS are just screwing the Tapie deal and have no intention of relaunching FTP. Hope this is BS
04-25-2012 , 05:19 PM
Quote:
Originally Posted by pablito_21
note: Could be dreyfus' rectum though
Dreyfus's Rectum? Is that similar to Occam's Razor?
04-25-2012 , 05:21 PM
Why do those of you who prefer Stars and FTP to maintain separate player pools feel that way?
04-25-2012 , 05:24 PM
Quote:
Originally Posted by Noobalube
Think you need to go back and read the second paragraph.
Dang, how did I read over that? I think that was the point the doorbell rang.

Fixed my post. Thanks.

Quote:
Originally Posted by NoahSD
Why do those of you who prefer Stars and FTP to maintain separate player pools feel that way?
Yes, good question. I'm curious too. Monopoly issues?

Last edited by SGT RJ; 04-25-2012 at 07:42 PM.
04-25-2012 , 05:26 PM
Quote:
Originally Posted by TheDarkElf
NOT This.



THIS.
Why would the doj trade not prosecuting stars for row players to get their money?

      
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