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The Big Question For Full Tilt's U.S. Players: Will They Get Their Poker Winnings Back? The Big Question For Full Tilt's U.S. Players: Will They Get Their Poker Winnings Back?

11-02-2012 , 10:23 AM
Quote:
Originally Posted by coolnout
can you predict the score?
27 to 23 with the NYG getting the winning TD in the last 3 minutes
11-02-2012 , 12:14 PM
Has any US player looked at their transaction history? Is there an entry showing a transfer of funds to the DOJ? I was hoping that would be one method of verifying balances.
11-02-2012 , 12:23 PM
Quote:
Originally Posted by britesorb
Has any US player looked at their transaction history?
that feature isn't available til Nov 6
11-02-2012 , 12:27 PM
Quote:
Originally Posted by britesorb
Has any US player looked at their transaction history? Is there an entry showing a transfer of funds to the DOJ? I was hoping that would be one method of verifying balances.
That would somehow make too much sense...
11-02-2012 , 12:29 PM
Quote:
Originally Posted by BustoPro
I suspect it went more like this:

1.) DOJ negotiated a deal with the mark (Tapie)
2.) The white knight (PokerStars) swept in and said "We can do better"
3.) The DOJ used the 90 days as justification for killing the Tapie deal

It's hard to imagine a scenario in which the DOJ actually gave a **** about the ROW. If Stars had said "Repayment within a year" the DOJ would have been completely fine with that IMO. It's *Stars* that wanted to repay ASAP, for obvious reasons.

As far as blowback now from U.S. players who still are waiting, I doubt the DOJ gives much of a **** about that either.
I do think they definitely gave a **** about both the US players and ROW players, but not out of the goodness of their heart... it's because they are looking out for the casinos, who want to enter the US market shortly, and want poker players to be happy and not skeptical with online poker, and have lots of money in their hands.
11-02-2012 , 01:10 PM
Quote:
Originally Posted by DoTheMath
Howard, I know they are mad as hell and just can't take it any more
Ok I have to admit, reading your posts is painstaking at times, but this was pretty funny.
11-02-2012 , 01:31 PM
DTM, what you seem to ignore is that the DOJ is only in the middle of this mess because they (the US govt) put themselves in the middle. You can argue the law and semantics in all the 12 paragraph posts you want but none of that changes the fact that PokerStars paid more than enough in their acquisition of FTP to cover every cent of every account and that if it were up to PokerStars/FTP, US players would have been paid back by Nov 6th.

Last edited by WalterS; 11-02-2012 at 01:43 PM.
11-02-2012 , 02:21 PM
Quote:
Originally Posted by WalterS
DTM, what you seem to ignore is that the DOJ is only in the middle of this mess because they (the US govt) put themselves in the middle. You can argue the law and semantics in all the 12 paragraph posts you want but none of that changes the fact that PokerStars paid more than enough in their acquisition of FTP to cover every cent of every account and that if it were up to PokerStars/FTP, US players would have been paid back by Nov 6th.
Its not up to FTP to pay back US players, it is up to DOJ and they are using a different method that will take longer. Its hard to wait , but life goes on
11-02-2012 , 02:46 PM
Quote:
Originally Posted by DavidNB
Its not up to FTP to pay back US players, it is up to DOJ and they are using a different method that will take longer. Its hard to wait , but life goes on
Yes, because that's the way the settlement was structured. Maybe there's a wall of text ITT that explains why the settlement couldn't allow for Full Tilt to repay the US players instead.
11-02-2012 , 03:06 PM
There have been several wall of texts that explain that. But again, what is ignored is that the reason it had to be done through remission is because the US government forced themselves into the middle.
11-02-2012 , 03:42 PM
Quote:
Originally Posted by ArnieAA
Yes, because that's the way the settlement was structured. Maybe there's a wall of text ITT that explains why the settlement couldn't allow for Full Tilt to repay the US players instead.
No i don t think a reason was givin. only when some of the assets were transfered from ftp to ps , thr US players balance wasn t.
11-02-2012 , 03:50 PM
The govt is taking all the time they possibly can b/c they want to get every penny they can out of interest and are hoping that all the small accts will just forget to make a claim. It wouldn't surprise me if 2 years from now we still weren't paid. If they wanted to get us paid this would have happened a month ago. I think the meeting with the ppa in mid november they gonna do nothing but make excuses.
11-02-2012 , 03:54 PM
Come to think of it there is a way we can get paid sooner is if by some miracle legilation goes through and the big casino's like mgm pay off the doj to start this remission process so ppl will have bankrolls to deposit onto these new sites.
11-02-2012 , 04:28 PM
Tell us more about this legilation you speak of
11-02-2012 , 04:37 PM
Quote:
Originally Posted by quit stallin
Come to think of it there is a way we can get paid sooner is if by some miracle legilation goes through and the big casino's like mgm pay off the doj to start this remission process so ppl will have bankrolls to deposit onto these new sites.
MGM would not need the funds from doj.

There would be plenty of new money
11-02-2012 , 05:10 PM
Do we have any official word on phantom deposits yet?
11-02-2012 , 05:19 PM
Quote:
Originally Posted by SnapCall
Do we have any official word on phantom deposits yet?
We don't have official word on anything yet.
11-02-2012 , 06:51 PM
Quote:
Originally Posted by SnapCall
Do we have any official word on phantom deposits yet?
They adjusted the balances for existing US players and in some cases, the accounts show a negative number.
This was done by FTP during their down time.
11-02-2012 , 07:11 PM
Quote:
Originally Posted by quit stallin
I think the meeting with the ppa in mid november they gonna do nothing but make excuses.
Why would the DOJ make excuses to the PPA. Theyre prolly gonna tell the PPA to f off. The DOJ dont give a damn about the PPA. Theyre gonna tell the PPA theyre working on it as quickly as possible and paying the players is a top priority. DOJ will not make excuses, DOJ saved us all from getting nothing. They are throwing the players a bone. If the players want to cry about the bone theyre getting thrown then stfu and forget the money, move on with your life. I hate to say it, but we all know, the PPA is basically useless in any of this.
11-02-2012 , 07:19 PM
Quote:
Originally Posted by quit stallin
The govt is taking all the time they possibly can b/c they want to get every penny they can out of interest and are hoping that all the small accts will just forget to make a claim. It wouldn't surprise me if 2 years from now we still weren't paid. If they wanted to get us paid this would have happened a month ago. I think the meeting with the ppa in mid november they gonna do nothing but make excuses.
Current USD interest rates are ~1%. Let's not be ridiculous.
11-02-2012 , 08:55 PM
As far as legislation goes, I don't see anything being passed in America in the next decade. But that's a whole 'nother can of worms to open and that discussion doesn't belong here.
11-02-2012 , 09:31 PM
Quote:
Originally Posted by 2Pretty2Lose
Why would the DOJ make excuses to the PPA. Theyre prolly gonna tell the PPA to f off. The DOJ dont give a damn about the PPA. Theyre gonna tell the PPA theyre working on it as quickly as possible and paying the players is a top priority. DOJ will not make excuses, DOJ saved us all from getting nothing. They are throwing the players a bone. If the players want to cry about the bone theyre getting thrown then stfu and forget the money, move on with your life. I hate to say it, but we all know, the PPA is basically useless in any of this.
Its a sure sign of small thinking when someone can only understand one extreme or another. As had been said by many, few things in life are truly black and white.

Such is the case here. To recognize that the PPA will not be able to dictate anything to the DOJ does not mean the "PPA is basically useless." If nothing else your voice gets heard and when they f- you around they can't say "well no one ever told us that."

Also, if the DOJ wanted to tell the PPA to f- off, they could have done it much more meanly over the phone and laughed at scheduling a meeting.

I understand the frustration here, and I understand the resulting emotions. But we all have to be careful about emotions affecting factual conclusions.

The DOJ is trying to do the right thing here, IMHO. The meeting is a sign of that and hopefully what the PPA brings to the table will help the DOJ make the process easier for players. Admittedly, the DOJ is gonna do what the DOJ is gonna do and no one believes that anything is second to the DOJ's own agenda.

But if they really wanted to screw players this is not the way the would have gone about it - they have much better ways to stick it to who they want to stick it to.

The PPA will continue to work with the DOJ to the extent the DOJ lets us. While the PPA can by no means control what happens, its voicing of the players' concerns can only help - even if it can't be said for certain whether that help makes a big or small difference until it is all over.

Skallagrim
11-02-2012 , 09:57 PM
Can you please make sure that they are told they are already screwing us as ROW players will already have their money and we haven't even been told we are getting all of ours yet?
11-02-2012 , 10:05 PM
I went to college with John Pappas. I can tell you that he is nothing but a stand up guy. He is ethical, trustworthy and driven. I believe he was Treasurer of our fraternity. I know that people are frustrated and things are going slowly, but if I had to pick someone to be out there fighting for me, I couldn't pick better than John.

That said, I know the PPA is working hard to fight for you, the player. They are going to do things the right way, not a bunch of hippies marching with signs. I know John works hard, and I am sure that everyone involved with the PPA works hard, for a cause they are all passionate about. So, before you start saying the PPA is "useless", in any kind of situation, I would say that you likely don't know what you are talking about.
11-02-2012 , 10:10 PM
Quote:
Originally Posted by NeedsToBeSaid
Current USD interest rates are ~1%. Let's not be ridiculous.
And that's 2+m which is ridiculous.

      
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