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FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP) FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP)
View Poll Results: Do you want the AGCC to regulate the new FTP?
Yes
1,156 56.58%
No
887 43.42%

05-30-2012 , 04:00 PM
Quote:
Originally Posted by pianospike
No. That is really all about Lock leaving Merge (effective June 1) and buying Cake network and fighting to get as many players as possible over to the newly branded Revolution network.
1st 'normal' response to my post. Thanks.
05-30-2012 , 04:03 PM
Quote:
Originally Posted by exoendo
this is revisionist history

first, americans would have gotten their money back from remission. so 50% of us would already be rolling in the dough.

then the row, would have gotten their money back eventually. yes it would have sucked, and they would have to play it out as a bonus, but its' better than nothing. And it will be better than where we'll be if pstars falls through too.
Your avatar gives me nightmares.

Not sure what you are saying here. AFAIK Row players with <1k or something like that were going to be paid out. Players with large sums were going to get 100.00 to start and their balances were going to be paid out over 5 yrs or something in that neighborhood. Like Bonuses.
I lol'ed for days at that one.
If you didn't play you were going to be charged a penalty (a certain % of your balance. More lol.
Yes or no.
I think it took a while but PS waited until the last minute to swoop in.
Anyway. GBT deal was a bad one for those waiting for their money, Those who had large rolls anyhow. IMO.
05-30-2012 , 04:11 PM
Quote:
Originally Posted by CANUCKEH44
Your avatar gives me nightmares.

Not sure what you are saying here. AFAIK Row players with <1k or something like that were going to be paid out. Players with large sums were going to get 100.00 to start and their balances were going to be paid out over 5 yrs or something in that neighborhood. Like Bonuses.
I lol'ed for days at that one.
If you didn't play you were going to be charged a penalty (a certain % of your balance. More lol.
Yes or no.
I think it took a while but PS waited until the last minute to swoop in.
Anyway. GBT deal was a bad one for those waiting for their money, Those who had large rolls anyhow. IMO.
what you proles fail to realize is, that money is better than no money.

it's a very simple concept.

If pstars falls through, GBT was CLEARLY willing to purchase the assets of ftp, and if one played enough, they WOULD be able to eventually get their money off the site. That's better than nothing. And USA players would have gotten their money through remission. Again, better than the big fat zero we are looking at if pstars falls through.
05-30-2012 , 04:16 PM
wayyyyy better than nothing for me ^^
05-30-2012 , 04:17 PM
After all the nonsense in this thread, for some reason today's posts tilted me to no end.

I get that some ppl new to the site haven't read thru 25,000 posts, but seriously, do you really have no clue?

I know that there is not a lot of public info as to what is happening right now, but there has been so much information as to what has happened over the last year put out there, and people are still just making **** up? This is all just revisionist history as someone posted, and all it does is confuse the issues for ppl that are really trying to follow the facts.

Please think before you post ridiculous things and present them as facts. Not only are you doing a disservice to those that are really interested in what's happening, you paint yourself as a fool.

Makes it really difficult for others of us to be motivated enough to bring out real news when it happens.
05-30-2012 , 04:23 PM
Quote:
Originally Posted by exoendo
what you proles fail to realize is, that money is better than no money.

it's a very simple concept.

If pstars falls through, GBT was CLEARLY willing to purchase the assets of ftp, and if one played enough, they WOULD be able to eventually get their money off the site. That's better than nothing. And USA players would have gotten their money through remission. Again, better than the big fat zero we are looking at if pstars falls through.
what's a prole ?, something derogatory I suppose, your comments make sense to me , however, if there is no deal, and BR is the next step for FTP, it will be years and for pennies on the dollar for USA and ROW and that sucks, of course the GBT deal sucked also but somewhat lower on the suck chart
05-30-2012 , 04:27 PM
Question for anyone. If no one knew that black Friday was coming how did Annie duke and phil helmuth both quit ub just before this all happened ??
Huge coincidence??
05-30-2012 , 04:28 PM
Quote:
Originally Posted by joeyrulesall
Question for anyone. If no one knew that black Friday was coming how did Annie duke and phil helmuth both quit ub just before this all happened ??
Huge coincidence??
UB was pretty ****ed long before BF occurred.

But in reality I believe the answer is simply that they couldn't afford to pay them anymore.
05-30-2012 , 04:29 PM
Quote:
Originally Posted by ZBTHorton
UB was pretty ****ed long before BF occurred.

But in reality I believe the answer is simply that they couldn't afford to pay them anymore.

But they signed prahlad and seebok right after for rumored to be big money.
05-30-2012 , 04:31 PM
when did they actully quit being spokesmen or whatever?
05-30-2012 , 04:31 PM
Quote:
Originally Posted by joeyrulesall
But they signed prahlad and seebok right after for rumored to be big money.
Sebok wasn't right before BF.

Prahlad "big money" <<<<<<<<<<<<<<<<<<<<<<<<<<<<<< Hellmuth money.
05-30-2012 , 04:33 PM
Quote:
Originally Posted by Bene Gesserit
what's a prole ?, something derogatory I suppose, your comments make sense to me , however, if there is no deal, and BR is the next step for FTP, it will be years and for pennies on the dollar for USA and ROW and that sucks, of course the GBT deal sucked also but somewhat lower on the suck chart
http://en.wikipedia.org/wiki/Proles

Basically the permanently busto lower class who is utterly controlled and manipulated by those with power and money (assuming he's going with the 1984 reference that made the term popular).
05-30-2012 , 04:39 PM
Quote:
Originally Posted by ZBTHorton
Sebok wasn't right before BF.

Prahlad "big money" <<<<<<<<<<<<<<<<<<<<<<<<<<<<<< Hellmuth money.
Just always seemed like really fishy timing for those two to totally distance themselves from online poker. They never catch any **** for it all it seems.
05-30-2012 , 04:44 PM
Quote:
Originally Posted by starvingwriter82
http://en.wikipedia.org/wiki/Proles

Basically the permanently busto lower class who is utterly controlled and manipulated by those with power and money (assuming he's going with the 1984 reference that made the term popular).
Thanks, I knew what I was, but didn't know I had an official title, that's me for sure Glad there are so few of us here on this thread
05-30-2012 , 04:53 PM
Quote:
Originally Posted by joeyrulesall
Just always seemed like really fishy timing for those two to totally distance themselves from online poker. They never catch any **** for it all it seems.
I mean, if you want to be really technical, I'm sure the legal landscape could have played some part into their decision.

But nobody knew explicitly when BF was going to occur, nor the wrath it was going to come with. There is way more evidence pointing to that, than a few overpaid sponsored players no longer being involved with a bankrupt site.
05-30-2012 , 05:31 PM
I would love to see a PS rep post something cryptic like 8/9/12 in this thread.
Everyone would be jumping on the bandwagon thinking that FT would come back on September 8th. Or would it be August 9th?
The flamewar that this would bring..........
05-30-2012 , 05:41 PM
Quote:
Originally Posted by joeyrulesall
But they signed prahlad and seebok right after for rumored to be big money.
There you go.
05-30-2012 , 05:41 PM
Quote:
Originally Posted by MonkeyPox
I would love to see a PS rep post something cryptic like 8/9/12 in this thread.
Everyone would be jumping on the bandwagon thinking that FT would come back on September 8th. Or would it be August 9th?
The flamewar that this would bring..........



And It's official pokerstarsmonkeypox just said 8/9/12 is a big announcement!!!!! Poker fuse is already running with the story.
05-30-2012 , 05:42 PM
Quote:
Originally Posted by MonkeyPox
I would love to see a PS rep post something cryptic like 8/9/12 in this thread.
Everyone would be jumping on the bandwagon thinking that FT would come back on September 8th. Or would it be August 9th?
The flamewar that this would bring..........
Not to mention the contempt of court citations from the federal judge...
05-30-2012 , 06:02 PM
Quote:
Originally Posted by Davidian
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!
Thats a mistake; you assume too much. Poker is not an industry, nor do you "make money" at it. Every hand of poker is simply a means of redistributing 95% of the wealth in play, which makes every player merely at the right place at the right time, or not. There is no multiplier effect and no building wealth in poker like in the REAL economy, because you do not manufacture any tangible goods for trade. Therefore wealth is never created; it is only traded back and forth and inevitably (as avg skill level of the player pool increases) ultimately absorbed as rake. There are no honest players versus cheats, or good versus bad players. We are all simply degrees on those two scales. Just like it was 100 years ago, poker is as close to being called an industry as Tony Soprano was to being a venture capital/day trader.

You, like I, chose to put yourself at the mercy of people you do not know (and we are somehow still shocked when they turned out to be untrustworthy) in the hope that money would rain down upon us based on where we stood. That may have been so for a little while before drying up (as is typical for all ponzis). But WE are the ones responsible for the choice we have made to be here today. the sooner many hear acknowledge that, the closer they are to growing up and getting over it.

Blame who you want, or don't. It doesn't matter. The money is gone, and has been for a year (longer in fact). Neither PS nor GBT were going to get OUR money back. That money is now 200 million lobster dinners which will get thrown in the dumpster by the busboy. The fact is, there is no 53rd miracle card in the deck coming on the super-river that will save anybody. We got scammed by carrion picking at the carcass of western civilization, and we let it happen because we were all looking for an easier living than having to get up early in the AM and getting your hands dirty at a job. And DOJ merely recognized that GBT was acting in bad faith and NOT actually going to return the money, and they at least prevented us all from being scammed AGAIN by the same vultures of a different colour.

I have learned my lesson and will never invest another dime online. Have you?
05-30-2012 , 06:19 PM
FACT: We don't even know that Stars is negotiating for FTP assets, we just know they are in negotiations with the DOJ which is obvious given their situation...everything else is just speculation.

FACT: It's been nearly 1 year since FTP shut down across the world - the only people remotely interest in FTP are us winning players who have $$$ in it...and most of the players we made money from would have long forgotten or lost interest in playing on FTP...

FACT: Any suggestion of an announcement at the WSOP is idiotic - FTP/Stars will be big news whenever, they'll announce it when/if it gets done.

FACT: countries around the world are increasing their protectionism of online poker markets - US online poker market looks like it will be closed to ROW players IF it ever happens. Spain, Italy, France etc. all closed. China - more than likely to do the same.

It ain't looking good! In 10 years I think we'll all look back at that 'craze' of online poker that we all used to play as rooms get smaller and smaller.

Used to play for a living - now I have given up, had my entire roll in FTP, grinding micro's again did not seem appealing, finished the masters degree and getting a job, if FTP comes back it will be a bonus, until then I ain't throwing any more wasted time at this. Honestly is it really worth spending a year of our lives speculating about speculation that someone's friend heard in a bar?

FTP Owners screwed us - I'd rather see them in Jail than have my $$$$ back at this point.

RANT OVER - I hope we get good news soon...but take a step back and really ask yourself's is it remotely likely that we get back to the good old days? How long did it take party to settle? this is far more complicated...and now throw into the mix European authorities going after back taxes...we don't stand a chance Pokerstars isn't a bottomless pit.
05-30-2012 , 06:27 PM
So is stars still buying out tilt or...?
05-30-2012 , 06:30 PM
Quote:
Originally Posted by bgddy4972
So is stars still buying out tilt or...?
lol
05-30-2012 , 06:31 PM
Quote:
but take a step back and really ask yourself's is it remotely likely that we get back to the good old days?
All depends on when/how poker in the US gets regulated, if it goes well then I can see that having a boom in other countries copying US and eventually having global player pools again... that atm is a pipe dream but can still realistically happen if politicians get their heads out of their asses
05-30-2012 , 06:32 PM
It has NEVER been confirmed by DOJ or PS that they have ever even thought about buying FTP, the idea that they are is just speculation and news from 'sources'...What's wrong with PS saying 'we are looking into the viability of taking over FTP assets'...companies announce takeover talks all the time.

We don't know anything...we don't even know that PS is thinking about FTP to sum it up.

      
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