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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%

06-11-2012 , 07:35 AM
Quote:
Originally Posted by TicKinTiMeBomB
when the **** is the dead silent going to end, these clowns act like they are doing top secret nasa alien autopsy.the need to get over themselfs and let the "victims of fraud" know if things are progressing or not
You're right. Howard and Co, it's time to talk. We demand answers.
06-11-2012 , 07:45 AM
These guys are sooo gunna throw Bitard under the proverbial bus.
06-11-2012 , 07:45 AM
Most common words in English:
Week
Next
Source
the
be
to
06-11-2012 , 07:56 AM
In before 30,000 posts and still no money
06-11-2012 , 09:22 AM
Quote:
Originally Posted by beer pong
Really? I always pictures him as an extreme social media power user in general, but especially when playing final tables. <3
Haha he is the most social player in the world
06-11-2012 , 09:34 AM
Quote:
Originally Posted by Zeus84
Most common words in English:
Week
Next
Source
the
be
to
Confirmed.
06-11-2012 , 09:35 AM
Quote:
Originally Posted by Zeus84
Most common words in English:
Week
Next
Source
the
be
to
I bet the word "SOURCE" is the most popular out of them
06-11-2012 , 09:37 AM
Quote:
Originally Posted by foldacedeuce
I bet the word "SOURCE" is the most popular out of them
Plz.

When I called people out on next week and source? It was badly needed in this thread.
06-11-2012 , 09:47 AM
Quote:
Originally Posted by joeyrulesall
Finally someone with the facts and the balls to say what should be said.
Agreed, Noah is the bomb....literally.
06-11-2012 , 09:58 AM
If Ivey got 40M that wasnt his how come he isnt sued by the DOJ like the rest? I dont get it.
06-11-2012 , 10:04 AM
Quote:
Originally Posted by SpecialOne
If Ivey got 40M that wasnt his how come he isnt sued by the DOJ like the rest? I dont get it.
Probably because he was not one of the directors. It is like his buddies Howard, Chris and Ray took all the risk stealing players' money then gave to him for free. All you can say is this guy runs good in life just like all other non-director owners such as Seidel and Juanda .
06-11-2012 , 10:06 AM
Quote:
Originally Posted by SpecialOne
If Ivey got 40M that wasnt his how come he isnt sued by the DOJ like the rest? I dont get it.
oh my!!...didn't you read the previous 29,144 posts?
06-11-2012 , 10:17 AM
Quote:
Originally Posted by SpecialOne
If Ivey got 40M that wasnt his how come he isnt sued by the DOJ like the rest? I dont get it.
Usually only officers and directors are legally liable. Simple shareholders (no matter how big like Ivey) are usually safe from action legal or civil. There are likely a few exceptions. The money from the shareholders may or may not be recoverable. Sound informed opinion has varied here on the thread about that. Most agree that it would be very costly and time consuming at best.
06-11-2012 , 10:31 AM
Quote:
Originally Posted by Frubi_ZMIJA
maybe mods should lock it(until some announcement) , so we can stop bothering ourselves :P
My mom always said "You'll go blind if you keep bothering yourself".
06-11-2012 , 12:38 PM
Quote:
Originally Posted by DePokerGod
My mom always said "You'll go blind if you keep bothering yourself".
I asked could I keep going just until I needed glasses.
06-11-2012 , 12:47 PM
Quote:
Originally Posted by TicKinTiMeBomB
when the **** is the dead silent going to end, these clowns act like they are doing top secret nasa alien autopsy.the need to get over themselfs and let the "victims of fraud" know if things are progressing or not
THIS
06-11-2012 , 12:53 PM
Quote:
Originally Posted by MICK E JUICE
These guys are sooo gunna throw Bitard under the proverbial bus.
With any luck he will have a death grip on them and they will go under too.
06-11-2012 , 01:01 PM
Every owner that received dividends and hasn't offered to pay it back is a scumbag and that includes Ivey. Doesn't matter if they didn't have any knowing or influence in the management of the company. Those dividends were paid with money that wasn't theirs, but our money. And you can say it is normal that they keep it you would do the same. NO IT IS NOT NORMAL.
If somebody gives me 10k and later his wife comes to me and says that he has Alzheimer, then I give the money back, or if his neighbour comes to me and says that he stole that money of him, then i give it back.
That is normal decent behaviour,
apparently hard to find in those circles.
06-11-2012 , 01:11 PM
Quote:
Originally Posted by NoahSD
The DOJ doesn't have our money. If the reason that FTP was unable to pay players was because DOJ had taken hundreds of millions on Black Friday, DOJ would have probably worked out a payment plan by now. Unfortunately, that's simply not what happened.

Instead, what happened is the owners of FTP paid themselves and their friends with our money. They stole our money. The owners paid themselves ~$450M in distributions, from a company whose lifetime profits were less than half that. They also paid themselves enormous salaries and huge "marketing bonuses" every time they wore a piece of felt near a TV camera or in a tournament, and they paid their friends and gambling partners the same amount. We still have no clue how much money that was.

The DOJ, on the other hand, seized less than $40 million on Black Friday. Those who have been following the story know that FTP was going to go broke with or without Black Friday.
Any rough guesses how much of a % that was in relation to $450 million?
06-11-2012 , 01:23 PM
Quote:
Originally Posted by Gramps
Any rough guesses how much of a % that was in relation to $450 million?
I know that Gus Hansen was paid $25k just for showing up to the FTP Espana final in Dec 2009. Not a bad ROI for a €3k tournament imo

I wouldn't be surprised if most of the higher level pros were completely freerolling their entire live schedules on FTP's dime, even non-televised events.
06-11-2012 , 01:46 PM
Quote:
Originally Posted by FDSaussure

I wouldn't be surprised if most of the higher level pros were completely freerolling their entire live schedules on FTP's dime, even non-televised events.
Bolded wouldn't surprise me at all. A friend of mine was a red pro on tilt, mind you not a Team Full Tilt pro just a regular red pro, and he got put into many events by FT. If he didn't cash he owed them nothing as long as he was wearing a FT patch while playing in the event.
06-11-2012 , 01:47 PM
Quote:
Originally Posted by FDSaussure
I know that Gus Hansen was paid $25k just for showing up to the FTP Espana final in Dec 2009. Not a bad ROI for a €3k tournament imo

I wouldn't be surprised if most of the higher level pros were completely freerolling their entire live schedules on FTP's dime, even non-televised events.
This part of poker has always intrigued me in a "wait, they're just hustling everyone!" kind of way.

For a lot of recreational players, poker sells "the dream" - the idea that they can take a few bucks, and with a little skill and a little luck, they can run it up, end up in the WSOP, and become a millionaire.

But the reality of the situation is that most of the big name pros that are held up as being able to turn poker skill into millions got there by winning one tournament and getting on the poker gravy train of sponsorship deals and freerolling tournaments, selling 90% of themselves to buy in to events, falling into money elsewhere first, etc. etc.

There are definitely a few "self made" pros, and I'm not sayng that doing things like selling a piece of yourself or getting a sponsorship deal is wrong or immoral, it's just... when it comes to the way poker is portrayed to the average home viewer, what you see is definitely not what you get.

If anything, it saddens me a bit that with Black Friday and the explosion of FTP and UB, the desire to sign name pros and pay them ridiculous amounts of money seems to be fading, so I likely missed any chance to board the gravy train myself.

Last edited by starvingwriter82; 06-11-2012 at 01:54 PM.
06-11-2012 , 01:48 PM
Well, basically, the people who are owed money from Full Tilt got PLAYED like suckers again. What a coincidence that the moment the Tapie deal was about to be announced as falling through, Full Tilt flunkies put the full court rumor mill to work so that they could at least play the WSOP without being shot.

Just another scam from them. They knew the Tapie deal was dead, and right before it was announced, they came with their nonsense rumors about Poker Stars being the savoir. Of course, shortly thereafter 2+2 goes down for a few weeks, but that is probably unrelated, but who knows.

The bottom line is that there is a very close to ZERO chance that you guys ever see a penny. Guess what? It has been 14 months since your world changed forever, and yet you continue to let those involved off the hook. In addition, those who owe money like Erick Lindgren can continue to play forever by just saying that they are backed.

Guys like Barry Greenstein continue to play while owing 400K, and it is as if it is no big deal. Wake up, people. Figure it out. The name of the game is to take your money.
06-11-2012 , 01:49 PM
Quote:
Originally Posted by starvingwriter82
when it comes to the way poker is portrayed to the average home viewer, what you see is definitely not what you get.
And as has been show by UB, AP, FTP, and others, the bolded has been show to apply to depositing real money on poker sites, as well.
06-11-2012 , 01:51 PM
it's time for these people to speak the **** up.

SOMEONE (PS/FTP/DoJ) needs to say SOMETHING.

This has gone way passed FUBAR, they can't just sit around for another 4 months without saying ANYTHING can they?

      
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