$100? seriously **** that ****

Have you read about the whole deal? $100 is for ROW players initially, US players may get all their money back through DOJ. I am sure at the end ROW players will get some money from the US money pool too. So please stop throwing around that $100 number. You guys make it sound like everybody will only get $100 if GBT deal goes through.

PREDICTION: First day of the Main Event at the WSOP, the FTP former Pro's walk in to the hall all wearing PokerStars Branding, with the announcement that the deal is done.

Major coup for PokerStars on the Main Event.....Mark my words

There's little evidence to support any of that, but it's irrelevant. That **** is over with.

yeah, it is over with, the relevant part is that it is better to use some brain and analysis next time before throwing around some stupid random number like it is written on the stone.

I am not a lawyer but I believe that plan was not acceptable because it would leave everybody open to lawsuits from the players. The DOJ can't open a remission fund only for Americans, the owners are already sued iirc, and even Tapie can be sued for the money as the new owner of the company.

Maybe you are right. I am not fully aware of the legal issues. I don't think DOJ will worry about Tapie and FTP owners get sued down the road, but it is possible DOJ may get sued by ROW players or sth.

The GBT deal wasn't insuring any repayment for Americans, he was paying the US $60M for FTP assets and leaving it to the DOJ to magically recover funds from either the BOD or phantom depositors, with players needing to file a remission claim with AFLMS and pray that it got approved and they recovered enough funds to pay it.

Something else to consider is that, in the DOJ's motions to dismiss the innocent ownership claim on seized funds, they advised the claimant that he had other options for recovering his funds including remission.

In the actual dismissal however, Judge Sands advised the claimant that his proper avenue for remedy would be through the courts, suggesting he join one of the class action suits against the poker companies.

Sometimes class action lawsuits get paid out through a remission fund, but the judge appears to be of the opinion that seized money and/or funds derived from assets don't belong in that fund, in which case neither US nor ROW players may see any money unless PokerStars comes through.

As for ROW* players, the deal offered little more than a $100 deposit bonus (you would have needed to deposit more to actually play at reasonable stakes) with a rakeback promotion that would end once the amount raked back equaled your balance.

Rather than being upset with the DOJ for declining such an absurd offer, if anything we should be upset that it took them so long to do so, but they also had no other offers to choose from at the time.

* note, ROW FTP players that were not going to be GBT customers (Spain, France, Italy, etc where he wasn't getting licensed) were not scheduled to get anything from GBT.

If you like the deal so much i will offer you a similar one. Whatever amount FTP owes you, i will give it to you. All you have to do is rake 150% of it on my new poker site.

Obsessed much?

i don't care if its their fault, let's just blame the whole industry!

most players would rake 150% of their balances within less than a year anyway so its beyond ridiculous to not pay us up anyway! i quit playing so they only ****ed themselves!

ok deal, give me my bankroll on that site!

I am still optimistic about a PS takeover. I think there is no way back for PS. We know that because PS started talking with the DOJ about purchasing FTP, Tapie was sent off. Ok the deal with Tapie sucked, but it still was better than nothing. The day PS announces that they backout of the deal is also the last day I ever play on PS. I payed 50k in rake last year on PS. If only a thausand other players (who also play there as much as me) think the same way as me than they are missing out on 50 million dollar a year.

^^ +1.

I'm also not playing at Stars again if they don't complete the deal at this point.

i would not expect anyone to announce anything!

just stop supporting this industry with your money until they honour the players who made them rich!

I think if Stars doesn't complete the deal the DOJ is to blame and not PS. PS wants this deal if it makes sense for them, and the DOJ has the power to make it make sense for them.

It does however suck that Pokerstars came out so well out off BF but now is back in the mix and could end up looking bad anyway, by being associated with millions of players losing their money. But not responsible imo. The Tapie deal was horrible anyway and was not good longterm for poker its image.

lol, everyone can blame whoever he wants to blame!

its a ****ing shame for this industry we are not paid up for over a year now!

might need DTM here to help but (even though you are wrong) Tapie was offering $100 a month ago---how much you got NOW from PS?

last time I checked I would have more in my pocket with $100 than with ZERO

and last I heard they also said 95% of people would have their money back right away-you actually believe that 95% of people on FT had LESS than $100 in their roll?

The doj has taken more than enough money to pay all of us US players back, this is silly. For all of you ROW players you had more than enough time to try to get your money off the site. If you didn't see what was coming you deserve to lose your money, honestly.

#lol@blamingstars

I think people here forget the PS/FTP deal has nothing to do with us, our money owed and doing the right thing.

It is about PS and Isai Scheinberg getting something out of the money he has to repay the US DOJ in order to get out of the hole they are in.

Isai Scheinberg wants to remove the shackles and not be a fugitive with the US DOJ hunting him down, so why not pay back the money to them and at the same time get FTP in the deal.

Nothing to do with us poor smucks and our money....the problem is the DOJ wnat a custodial sentence for him and of course Isai does not want that, however he would fancy his day in court, but doubt it will happen.

If Isai does not get a deal from the DOJ on his arrest, then the deal is useless to him and will go down the tubes.

Up to the DOJ and what they want, I hear they are not budging on the sentence, which could be 12-18 months.

yes

There was no money left, man. I have a bank transfer of 2000$ in limbo, and I requested that on the 19 of april.

I do:

http://diamondflushpoker.com/2012/04...ct-vs-fiction/

Tapies initial plans:

The numbers don't make sense at first but after a little thought it doesn't surprise me. They do say that 5% of poker players are winning.

A lot of people also had a little money in their accounts just so they could rail the pros and participate in the observer chat.

Wrong. ROW players did not know what was going on a FTP after Black Friday. At Least most of us didn't. There was no warning that they were going to lose their I Gaming License.
I know a lot of people tried including myself to cash out our accounts and they were delayed or never processed.

Honestly very wrong headed, you obiviously don't have any idea how hard it was for many to withdraw their balances after BF went down. FTP stalled and delayed many, many people in ROW because they were so cash short. And the DOJ has frozen accounts not seized them, the court may do that in the future!