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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?

08-03-2012 , 06:24 PM
Quote:
Originally Posted by Bubbleblower
Skallagrim, it's been 11 months, have you found the 8.9 section of the USA TOS yet?




Obviously it is their decision, but there are strict rules and procedures for this, they can't decide whatever they want. The amount of remission is not based on politics or anything but on simple math;

Forfeited funds minus costs incident to the forfeiture equal the amount of remission.
and excess funds like bogus accounts fraud accounts misnamed accounts go to strip clubs and vegas partys for the staff- hookers- 5000$ toilets -bonuses
those unclaimed accounts will be big dollars
those unclaimed accounts will add up to be big dollars
anybody can see i am not a fan of what happened
all that bankin law did was cause problems for many here and everywhere
outsourcin send it overseas let other countrys make dollars from it
rofl
poker players left usa to play
other countrys have a buildin boom going to house the players
rofl
record number of forclousures and houses unsold and push em to other countrys outsource em
rofl
other countrys banks getting billions of dollars that they make moneys off of
rofl
out source that dollars
yea thats rite make them sites put the moneys in other banks and let them make moneys not just the sites but the players moneys
and all cuz congress wants to make it where they can tax the sites
can tax em hurt em send em over seas let other countrys make money from em
push all the big pros that do 2500 buyin games over seas so other countrys make dollars from it
it is far more dollars that went away then this will ever create and it will always be money thats going away to other countrys interest jobs houses living expense tax moneys /all pushed to other countrys
08-03-2012 , 06:47 PM
Quote:
Originally Posted by three_dee
Why don't you explain why, since you're giving a completely subjective opinion.
Because it's a complete derail, and every1 has the internet here, and can do the homework themselves. Do I look like a muppet-educator?...Oh wait, nevermind.

I'll give you one hint: charging troops for things in past wars, whereas the SA hooks them up for free. But that's not the bulk of the argument, nor am I a soldier worshipper.

But it is totally a subjective opinion...that much we agree on. But aren't all opinions?
08-03-2012 , 08:00 PM
Quote:
Originally Posted by Skallagrim
While I would seriously disagree about the PPA having never accomplished anything nor being taken seriously (I guarantee you the PPA is taken seriously on capitol hill and has helped move the legislative agenda), I agree this is a situation where the PPA should be on top of developments and doing all it can to assist players.

http://theppa.org/repayment/

I can also tell you that the PPA has already established an early dialogue with the folks at the AFMLS office and is preparing a formal presentation of player concerns with suggestions and a PPA offer to help in any way.

Skallagrim
Please name one concrete accomplishment that the PPA has actually achieved. Working towards an accomplishment does not count.

You engage in a lot of dialogue and take a lot of money and do a lot of nothing.
08-03-2012 , 08:06 PM
It's really unfair to say they have "done nothing" given the thousands of hours of work Skall and TE have put in.

For concrete accomplishments, I'll say without the PPA MA would very likely have a WA state like law on the books.
08-03-2012 , 09:37 PM
Quote:
Originally Posted by Anonymous Help
Please name one concrete accomplishment that the PPA has actually achieved. Working towards an accomplishment does not count.

You engage in a lot of dialogue and take a lot of money and do a lot of nothing.
I think the PPA has done more than you think........you could help out by doing things like participating in the Daily Action Plan. I really like one of Greg Raymer's posts from a few months ago:

"Even if we only count poker players who are reasonably serious about the game, then well less than 0.1% of them are participating in Rich Muny's Daily Action Plan. In fact, the number might be below 0.01%, depending upon where you draw the line for "reasonably serious".

"I promise you all, if we could get 10% of those players to just spend 5 minutes per week doing the DAP (i.e., doing it just once or twice per week each), we would have online poker back in very short order."

"Every poker player who does not follow the DAP, or otherwise spend some time actively helping the situation, and yet still complains about the lack of online poker, is nothing more than a useless whiny bitch. I say, don't be a useless whiny bitch!!"

Later, Greg Raymer (FossilMan)

Last edited by ratm2525; 08-03-2012 at 09:38 PM. Reason: Don't be a useless whiny bitch
08-03-2012 , 10:10 PM
Quote:
Originally Posted by LetsGambool
Bolded makes no sense, none of the remission money is going back to Stars or Tilt.
Quote:
Originally Posted by iCdonks
sure it will players put it rite back on sites to play it:shocked
it was on the sites and will be put back on the sites to play with agin
its nature
SHUFFLE UP AN DEAL
So the remission money is going to US players and those players are going to play on Stars and FT as soon as they get their money?

You have polarized posting. Some things are good and others are so far from reality it makes me wonder if those good posts are merely chance occurrences.
08-03-2012 , 11:30 PM
if the DoJ actually does this, i cannot see how this won't result in mass class action lawsuit against the DoJ.
08-03-2012 , 11:47 PM
Quote:
Originally Posted by Anonymous Help
Please name one concrete accomplishment that the PPA has actually achieved. Working towards an accomplishment does not count.

You engage in a lot of dialogue and take a lot of money and do a lot of nothing.
How does someone actually create an accomplishment without first working towards it?

If those of us actually working towards achieving something positive were to take folks like you serious, we would stop and there would be no one working on your behalf.

The list of PPA accomplishments is bigger than you think and you are far from the first person to ask this question. I would suggest browsing our forum: http://forumserver.twoplustwo.com/15...er-rights-ppa/

I might also suggest checking out the stories of Kevin Raley (http://www.9news.com/news/story.aspx?storyid=108829) and Robert Chimento (http://www.cardplayer.com/poker-news...ons-overturned). You will find that these are 2 poker players who were saved from a fine and a criminal record thanks in large part to the help provided by the PPA's Litigation Support Network (which is where I do most of my personal attempts to achieve something positive for poker players).

There are a lot more than those 2 examples of PPA accomplishments, but they are my personal favorites.

Skallagrim
08-04-2012 , 01:01 AM
Quote:
Originally Posted by three_dee
I think what's way more likely to happen is that points, medals et al. will be converted by PokerStars to cash for everyone uniformly based on some plan they come up with, and then, for US players, the finalized account balance as recognized by PokerStars/Full Tilt will constitute the amount paid to players by the DOJ.

I don't think PokerStars can justify converting medals and points for some of their customers but not all of them. I would totally understand if they decided not to honor any of them, but to favor some over others seems unsupportable.
If Stars was handling the payments to US players, I'd agree. The problem is, under the terms of the settlement, Stars is not responsible for paying US players, the DoJ is. This provision was probably something the DoJ insisted on. The settlement deals with account balances as of June 29. On that date, balances did not reflect any cashout value for points and medals. While Stars is free to do whatever it wants to compensate players beyond what the Settlement calls for, there is nothing requiring the DoJ to do more. The amount of money Stars is giving the DoJ has been fixed, without any provision for points and medals.

While the DoJ might decide to compensate players for items other than cash balances, based on some calculation provided by Stars, there is no indication they have even considered it. I'd say it is just as likely that Stars will compensate US player for non-cash issues directly, or after those players once again become legal customers of Stars, either by moving out of the US, or by Stars getting a licence to operate legally in the US. I doubt Stars would commit to anything for US players until they see what the AFMLS decides to do.
08-04-2012 , 01:16 AM
Quote:
Originally Posted by Anonymous Help
Please name one concrete accomplishment that the PPA has actually achieved. Working towards an accomplishment does not count.

You engage in a lot of dialogue and take a lot of money and do a lot of nothing.
wow dude **** off
08-04-2012 , 01:49 AM
Quote:
Originally Posted by IsThisUrHw86Larry?
The bolded indicates NOTHING about U.S. players. That clause (clause 5) in the settlement is specific to ROW players and only applies to them. So how can you conclude that the bolded statement indicates a "difference" between U.S. and ROW players when it doesn't even apply to U.S. players???

Brilliant logic there.
If you would bother to follow my comments to Dudd, and my preceding post that he commented on, you'd see that I was talking in the context of the issue of fairness of treatment of US players vs. ROW players. I addressed this issue because OP suggested that the DoJ not paying full balances when Stars paid full balances would be unfair. The notion is, I take it, that the DoJ should treat the US players the same way they required Stars to treat ROW players. So, before I had had time to study the wording of the settlement (I've been rather busy the last few days IRL), I questioned whether the settlement actually required what was being asserted: that Stars pay full account balances. Dudd kindly pointed me to the Settlement document and mentioned that it referred to balances.

Quote:
Originally Posted by IsThisUrHw86Larry?
Also, your choice of words "what it actually says" implies that something Dudd wrote was false, when his post is 100% correct and is exactly what is stated in the settlement.
Well, you are wrong. "Balances" unqualified, which is what Dudd and many others are claiming is what Stars is required to pay, is not necessarily the same things as what the Settlement actually provides, which is "other than as required by any applicable law, the online poker account balances". The extent to which those extra words actually change the amount payable from actual balances depends on the applicable law in quite a few countries, which I don't pretend to know. I suggest it is unwise to assume that the wording in the settlement will necessarily result in all ROW players receiving their full account balance.

Now what does this have to do with US players, which you correctly but irrelevently point out are not mentioned in that part of the settlement? Fairness. If the DoJ treats US players the same as it requires Stars to treat ROW players, then it will refund to US players their online poker balances other than as required by any applicable law. The applicable laws will by US federal and state law, some of which may result in players getting less than some ROW players get. Will WA players be qualifying victims? Are winnings gambling debts? Are gambling debts enforceable? How will phantom deposits be handled by the DoJ (if at all)?

The AFMLS will interpret the applicable law, and it is possible that their interpretation will result in some US players receiving less than comparable ROW players, even though they have been treated according to exactly the same provision.

I think Skallagrim and others are correct that there are lots of indications that it was SDNY's intention to refund US player balances to the extent this was legally possible. However, it is not SDNY that decides, but AFMLS, and they are only getting involved now (as is proper) and may reach a different conclusion. I still think they will likely refund full balances for most, if not all, US players, but it is not a certainty.
08-04-2012 , 02:37 AM
Quote:
Originally Posted by waq
So the remission money is going to US players and those players are going to play on Stars and FT as soon as they get their money?

You have polarized posting. Some things are good and others are so far from reality it makes me wonder if those good posts are merely chance occurrences.
didnt say it was going back on stars or tilt but on sites there are other sites that people are playing on now
08-04-2012 , 10:03 AM
Quote:
Originally Posted by idun215
if the DoJ actually does this, i cannot see how this won't result in mass class action lawsuit against the DoJ.
can you explain why? I would think most US players would be happy
08-04-2012 , 10:54 AM
Quote:
Originally Posted by DavidNB
can you explain why? I would think most US players would be happy
It doesn't matter anyway, once the decision is made, there is no judicial review over remission petitions, so the time to voice your opinion on how it should work is now and the PPA should (and probably already is) be preparing a legal brief as to why all deposits should be treated equally - including deposits made into a players account after a winning session/tournament at a (foreign) licensed (online) casino.
08-04-2012 , 11:34 AM
Quote:
Originally Posted by iCdonks
didnt say it was going back on stars or tilt but on sites there are other sites that people are playing on now
Quotes below for context as well as the bolded in you post. Idaho is getting crowded.
--------------------------------------------------------------------------------
Originally Posted by WillCK

The PPA's motives are to get this resolved and get the bulk of the money back into the pockets of Stars/Tilt as quickly as possible.

Quote:
Originally Posted by LetsGambool
Bolded makes no sense, none of the remission money is going back to Stars or Tilt.
Quote:
Originally Posted by iCdonks
sure it will players put it rite back on sites to play it:shocked
it was on the sites and will be put back on the sites to play with agin
its nature
SHUFFLE UP AN DEAL
08-04-2012 , 04:05 PM
Quote:
Originally Posted by idun215
if the DoJ actually does this, i cannot see how this won't result in mass class action lawsuit against the DoJ.
I was thinking about this angle too.

If 30 different people all sue for the same reasons at similar times, can the court "force" it to be one big lawsuit?

Seems like if they couldn't force 1 lawsuit, we could just drive them crazy with the sheer amount of lawsuits.
08-04-2012 , 04:12 PM
Quote:
Originally Posted by DoTheMath
If you would bother to follow my comments to Dudd...
Obviously I followed your comments, otherwise I wouldn't have responded.

Quote:
Originally Posted by DoTheMath
Well, you are wrong. "Balances" unqualified, which is what Dudd and many others are claiming is what Stars is required to pay, is not necessarily the same things as what the Settlement actually provides...
OK you got me. Dudd didn't qualify his statement with "as required by applicable law," so I am wrong. What should have been said is that Stars is required to pay back all ROW balances within 90 days, as long as they don't violate any laws applicable to ROW players. Happy now?

Quote:
Originally Posted by DoTheMath
Now what does this have to do with US players, which you correctly but irrelevently point out are not mentioned in that part of the settlement? Fairness. If the DoJ treats US players the same as it requires Stars to treat ROW players, then it will refund to US players their online poker balances other than as required by any applicable law. The applicable laws will by US federal and state law, some of which may result in players getting less than some ROW players get. Will WA players be qualifying victims? Are winnings gambling debts? Are gambling debts enforceable? How will phantom deposits be handled by the DoJ (if at all)?
It's not "irrelevent" at all, actually it's very relevant, because it renders all of your hypothetical statements about "fairness," and treating ROW and U.S. players the same, as absolutely meaningless. There's nothing in the settlement that indicates that ROW and U.S. players will receive the same treatment, in fact it's pretty clear that procedures for each group are very different.

Quote:
Originally Posted by DoTheMath
The AFMLS will interpret the applicable law, and it is possible that their interpretation will result in some US players receiving less than comparable ROW players, even though they have been treated according to exactly the same provision.
What??? They are not "treated by the same provision." Clause 5 explains how ROW players will be reimbursed, and Clause 6 explains the procedure for U.S. players. How is the the same provision? How can anyone reasonably conclude that ROW and U.S. players are treated by the same provision?

Do you get some kind of enjoyment out of continually nitpicking semantics and obfuscating the issues in this thread? It sure seems like that to me.

Last edited by IsThisUrHw86Larry?; 08-04-2012 at 04:21 PM.
08-04-2012 , 05:07 PM
The real reasons for DOJ handling USA cashouts:

1.) Saves stars millions in processing costs

2.) DOJ gets to portray themselves as the saviors of the citizens.
08-04-2012 , 05:44 PM
Quote:
Originally Posted by swd805
The real reasons for DOJ handling USA cashouts:

1.) Saves stars millions in processing costs

2.) DOJ gets to portray themselves as the saviors of the citizens.
3.) DOJ can turn over the information to the IRS
08-04-2012 , 05:49 PM
Quote:
Originally Posted by swd805
The real reasons for DOJ handling USA cashouts:

1.) Saves stars millions in processing costs

2.) DOJ gets to portray themselves as the saviors of the citizens.
Quote:
Originally Posted by DavidNB
3.) DOJ can turn over the information to the IRS
4. snoop doggy dogg and dr. dre is at the door
08-04-2012 , 05:53 PM
Quote:
Originally Posted by DavidNB
3.) DOJ can turn over the information to the IRS
DOJ has all information related to FTP already. They won't get more by handling the cashouts.
08-04-2012 , 06:01 PM
Quote:
Originally Posted by DavidNB
3.) DOJ can turn over the information to the IRS
4.) By the DOJ doing it Stars won't have to set up payment processors in America (which the DOJ never wants stars to do again until online poker is legalized/regulated)
08-04-2012 , 09:04 PM
Quote:
Originally Posted by swd805
The real reasons for DOJ handling USA cashouts:
It's the law. The End.
08-04-2012 , 11:09 PM
Quote:
Originally Posted by Hardy
My point is that the games were NOT LEGIT on FTP. They were on Stars, thats why the balances were honored. All players on FTP were victims of a ponzi scheme according to DOJ. Some won, some lost, the question is who will be paid back...the winners or the losers?

Total crap. FTP wasn't a ponzi scheme. Ponzi's pay old investors with new investors money. Ponzi's sucker you in by promising you a return on your "investment". None of that applied here and whoever said that from the DOJ is a freaking idiot. So you're telling me I won money because my account was old? That's bs, people won and lost money/account balances based on playing poker. When that person made the account or deposited was irrelevant to how much that player had in their account. FTP was ran poorly and what happened is kinda like what happened to the banking system in this country. They mismanaged the funds and unfortunately for those involved since they aren't wallstreet bankers, they will get prison time.
08-04-2012 , 11:10 PM
Quote:
Originally Posted by swd805
The real reasons for DOJ handling USA cashouts:

1.) Saves stars millions in processing costs

2.) DOJ gets to portray themselves as the saviors of the citizens.

DOJ gets to take a cut and process it however they want.

      
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