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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?

11-06-2012 , 12:57 PM
Quote:
Originally Posted by tamiller866
The theme of this thread has become wondering how the DOJ could let ROW players get paid without making US players whole, presuming that making winning US players whole was good politics.

Today being both election day and FTP launch day is probably not a coincidence, the government likely insisted on that schedule, and the administration likely insisted that the remission process wasn't made public until after the election.

Most of us assumed the government would want to announced victim remission prior to the election if possible, but if their decision is to pay balances and treat losses as if fraud wasn't a factor to depositors, or vice versa - either way one set of 'victims' would cry foul - it makes a lot of sense not to announce it just before the election.

Regardless of the PPA says at their DOJ meeting, my guess is we hear something in the next 10 days or so.
I sincerely doubt we'll hear anything in 2-3 weeks. Much less 10 days. The fact that the DoJ is meeting w/ the PPA to discuss player funds, to me, shows that the DoJ is no where near ready for remission to start. I mean why would they set up a meeting w/ the PPA if they were almost ready to start the remission process?
11-06-2012 , 12:57 PM
I am so annoyed with this crap today.

I never once thought that the ROW would end up playing on FTP before I got my money.

just opening it up and seeing that has sent me into super monkey rage tilt.

I hate America so so much today.
11-06-2012 , 12:59 PM
Quote:
Originally Posted by stackinsideways
I am so annoyed with this crap today.

I never once thought that the ROW would end up playing on FTP before I got my money.

just opening it up and seeing that has sent me into super monkey rage tilt.

I hate America so so much today.
And it's election day!

I'd say they did it on purpose, but I have no idea where I would take that failed joke.
11-06-2012 , 01:01 PM
Quote:
Originally Posted by stackinsideways

I hate America so so much today.
Move to China, you will start to like America again after a few days.
11-06-2012 , 01:12 PM
Quote:
Originally Posted by ShipItYo
I sincerely doubt we'll hear anything in 2-3 weeks. Much less 10 days. The fact that the DoJ is meeting w/ the PPA to discuss player funds, to me, shows that the DoJ is no where near ready for remission to start. I mean why would they set up a meeting w/ the PPA if they were almost ready to start the remission process?
unfortunately this.
11-06-2012 , 01:20 PM
Quote:
Originally Posted by ITRIED2WARNU
I have 1.2 million
What's the cash value? Like $5k?
11-06-2012 , 01:29 PM
Quote:
Originally Posted by TheEngineer
Dude, the DoJ could have said we deserved to lose our money for playing on offshore sites. Instead, they insisted on full repayment for U.S. players and held up the sale of FTP assets to ensure just that. Now, they are going to go through their process for remission.
Usually I'm on your side as a lot of people give you a ton of **** for no reason. However this statement really seems to contradict a lot of what you've said previously in this thread. I'm not going to dig up the exact post but you said something to the effect that the DoJ was more likely to have kept the money without PPA advice/intervention (which I didn't believe anyway). I think their goal is to repay players, what worries me is I'm not convinced they won't charge whatever expenses they incur to the players before returning their balances on a percentage basis rather than a flat fee. In a perfect world the DoJ should really cover any expenses out of the half a billion dollars they are getting on top of our balances.
11-06-2012 , 01:38 PM
Quote:
Originally Posted by tamiller866
Today being both election day and FTP launch day is probably not a coincidence, the government likely insisted on that schedule, and the administration likely insisted that the remission process wasn't made public until after the election.
Cargo cult?

There was a 90 day stipulation for ROW payments when the DOJ was negotiating with Tapie. For coincidence to be causation the agreement with PS could only be signed on one particular day. As far a this story having any influence on the election is IMO not realistic.

Sometimes a banana is just a banana.
11-06-2012 , 01:49 PM
What an embarrassment the PPA is. Rich Muny carries himself with the grace of a frat dude at a kegger.
11-06-2012 , 01:53 PM
Quote:
Originally Posted by stackinsideways
I am so annoyed with this crap today.

I never once thought that the ROW would end up playing on FTP before I got my money.

just opening it up and seeing that has sent me into super monkey rage tilt.

I hate America so so much today.
If you have unrealistic expectations you almost certainly will be disappointed. Am I happy about the situation? Who would be.

My expectations are that I will get paid close to what my balance is. I say close because I had 2 limbo withdrawals and both were handled in different ways by FT. I could therefore have 1 of 4 different balances. One of which would be to my benefit.

As to timing, I expect to be paid in the future. I have placed what should be my balance back in my budget. It is in the "retirement fund" column. When I receive MY money I can then move it to any other column as I deem necessary.
11-06-2012 , 02:14 PM
Quote:
Originally Posted by bizzle03
What's the cash value? Like $5k?
Not even sure honestly. Seems close, maybe a little more.
11-06-2012 , 02:27 PM
Quote:
Originally Posted by joeyrulesall
Move to China, you will start to like America again after a few days.
this is something only an idiot would say. not surprised you were the one
11-06-2012 , 02:27 PM
Quote:
Originally Posted by waq
Cargo cult?

There was a 90 day stipulation for ROW payments when the DOJ was negotiating with Tapie. For coincidence to be causation the agreement with PS could only be signed on one particular day. As far a this story having any influence on the election is IMO not realistic.

Sometimes a banana is just a banana.
The stipulation was that payment be made within 90 days, not that they couldn't pay earlier than 90 days, besides, 90 days would have been October 30.

No, much more likely is that the DOJ requested 'no earlier than election day' - for a reason.

Obviously in hindsight, had FTP opened to repay ROW players in October it wouldn't have had any impact on the election, but that wasn't so obvious when they made the agreement at the end of July.

For all they knew, the PPA and it's '1.2M' members might have ran screaming to the media demanding equal treatment and the whole issue of repaying balances could have blown up, that never happened, but since it could have, requesting FTP wait until Nov. 6 makes sense.
11-06-2012 , 02:41 PM
Quote:
Originally Posted by ShipItYo
I sincerely doubt we'll hear anything in 2-3 weeks. Much less 10 days. The fact that the DoJ is meeting w/ the PPA to discuss player funds, to me, shows that the DoJ is no where near ready for remission to start. I mean why would they set up a meeting w/ the PPA if they were almost ready to start the remission process?
The PPA previously wrote a letter to the DOJ offering their assistance, the DOJ is likely taking them up on the offer, by revealing the process to the PPA to assist in 'selling' it to the players.

One of the concerns e.g. is that players might be unwilling to file a claim for fear of IRS implications etc, the hope would be that hearing about the process filtered through the PPA first might ease some of those fears.
11-06-2012 , 02:48 PM
Quote:
Originally Posted by tamiller866
The stipulation was that payment be made within 90 days, not that they couldn't pay earlier than 90 days, besides, 90 days would have been October 30.
You should write less imo. It was 90 days from the date the deal was official, which meant 90 days from when the first payment was made which was August 9th.
11-06-2012 , 02:53 PM
Quote:
Originally Posted by tamiller866
The PPA previously wrote a letter to the DOJ offering their assistance, the DOJ is likely taking them up on the offer, by revealing the process to the PPA to assist in 'selling' it to the players.

One of the concerns e.g. is that players might be unwilling to file a claim for fear of IRS implications etc, the hope would be that hearing about the process filtered through the PPA first might ease some of those fears.
Little weird u think we hear something in 10 days but the meeting for the PPA isnt even for 7 days from now. Also, other than Skall posts, what Ive read in this thread said by the PPA isnt too promising to me as a player and I am not even sure its a good idea to have the PPA in the room as "the voice of the players." They also havent had a single contact with the DOJ since the mid of August (an emailed letter) which was before the DOJ even posted about applications being taken to be the processor.

Last edited by 2Pretty2Lose; 11-06-2012 at 02:58 PM.
11-06-2012 , 02:59 PM
Quote:
Originally Posted by ITRIED2WARNU
Not even sure honestly. Seems close, maybe a little more.
IIRC the value was approximately $.004/FTP

So you got about $4,800 worth
11-06-2012 , 03:07 PM
If theres anything the PPA needs to make sure they get across is that ROW players are currently playing, and clicking withdrawal, and can have their money in their account in literally hours, while we sitting and waiting and waiting and waiting.
11-06-2012 , 03:30 PM
Quote:
Originally Posted by 2Pretty2Lose
If theres anything the PPA needs to make sure they get across is that ROW players are currently playing, and clicking withdrawal, and can have their money in their account in literally hours, while we sitting and waiting and waiting and waiting.
What would the point of that be? The DOJ is not in a race to pay players before Stars does. Everyone has their panties in a bunch today because of the FTP relaunch. Hopefully the PPA can bring us some information after their meeting.
11-06-2012 , 03:36 PM
Quote:
Originally Posted by NxtWrldChamp
IIRC the value was approximately $.004/FTP

So you got about $4,800 worth
But wasn't there a $5k bonus for 1mm points? I could definitely be wrong. Hard to remember stuff like this from so. long. ago.
11-06-2012 , 03:36 PM
Quote:
Originally Posted by stackinsideways
I am so annoyed with this crap today.

I never once thought that the ROW would end up playing on FTP before I got my money.

just opening it up and seeing that has sent me into super monkey rage tilt.

I hate America so so much today.
Son, you are headed for great misery. You have it all wrong in your approach to life. If you think that you should be able to have a roof over your head and food in the fridge when all you offer to society is the ability to play, and probably lose, at poker, then you have a big shock heading your way.

There are people born in places that don't have drinkable water. The world owes you ZERO. That is likely what you will get here, as well. You deserve to get ZERO back, because you put your money into an operation that you knew for a fact the US Government considered illegal. You also put your money into an operation where you knew that phantom deposits were being made.

The most disgusting thing I have ever seen is the Madoff victims getting some money back. They deserve NOTHING, as every single one of them thought that Madoff was front-running for their benefit.

The second most disgusting thing I will ever see is Full Tilt players getting back anything at all, as they don't even have the guts to confront people like Howard Lederer, and many others.

You deserve zero. Poker will never be legalized on the Federal level in the United States, so you better start thinking about getting a job...and a life.

Start by mowing your neighbors lawn, or washing his car. You can get 20 bucks in your pocket in now time. Do that 1,000 times and you will have 20K (minus expenses).

That is how the real world works, son. Offer something to society and you might get something in return. You deserve nothing, and deep down you realize that.
11-06-2012 , 03:39 PM
Quote:
Originally Posted by ITRIED2WARNU
But wasn't there a $5k bonus for 1mm points? I could definitely be wrong. Hard to remember stuff like this from so. long. ago.
I think, but that involved play through earning as well, which factors into the worth of the points.
11-06-2012 , 03:45 PM
Quote:
Originally Posted by ITRIED2WARNU
But wasn't there a $5k bonus for 1mm points? I could definitely be wrong. Hard to remember stuff like this from so. long. ago.
Not sure what's in the store, but couldn't you just buy ring game tickets with it?
11-06-2012 , 03:59 PM
Quote:
Originally Posted by ITRIED2WARNU
But wasn't there a $5k bonus for 1mm points? I could definitely be wrong. Hard to remember stuff like this from so. long. ago.
I thought it was more. Either way if you were a rakeback player your taking an MGR hit on the bonus as well.
11-06-2012 , 04:06 PM
Quote:
Originally Posted by potleemit
Son, .
douche

      
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