I mean no disrespect, but don't you understand that the huge majority of former FTP players in the world never post on 2+2 and likely do not know it even exists. Your sample is way too small to rep anything except that those few folks who do post mostly claim they had big balances and they usually claim to be online winners also. Who knows what the real numbers are , but 5 to 10 % of players being actual decent winners on FTP does not shock me at all.

PROFESSIONAL POKER PLAYERS IN POSTING ON INTERNET POKER FORUM SHOCKER! News at 11

Of course there is zero chance that players get any good news during the WSOP. Why do you guys keep checking in hoping for news? You have a better chance of being struck by lightning.

Full Tilt proved how scummy they are many times already, but the final straw was when they started the poker stars PR blitz just as the Tapie bad news was about to hit the news wires.

You are dealing with the lowest form of life on the planet, and you think you are getting money back. C'mon, guys.

I'd take a bonus every day over nothing.

potleemit ur an idiot +1

I'm always curious as to why anyone thinks the WSOP has anything to do with anything?

--- If I had under $500 in my acct, I wouldn't read 2 of the million pages on this thread! I have 13-15k in there, and I come on here every other day or so to check to see if anyone has any "update". My worry is, no one here really has a clue as to whats going on or where things are... So even though I'm missing 5 figures, I still feel like i'm wasting my time!! fml

This has been stated many times before, but it can't hurt to say again:

If your only concern is watching for major developments, you don't need this thread. Any major developments will have a stand alone thread in NVG. If you don't see any FTP thread on the front page of NVG other than this one, then nothing major has happened since the last time you checked.

There's almost zero chance you'd miss a major FTP development by just looking at the front page of NVG - the major news threads take weeks to drop off the front page. If this thread is driving you crazy and the only thing you are doing is checking for major developments, you're driving yourself crazy for nothing.

Has it been confirmed that HL and or JF wants to play in the "Big One"?

that thread has been closed as it turned out Ray Bitar just shave his beard to purport to be Shaun Deeb!

TY but I like being a masochist.

False dichotomies FTL.

We don't know that the DoJ had enough money available for remission to pay US players in full. There is some indiction they don't have enough, and would not have had enough even if the GBT deal went through.

If the DoJ offers remission, they have to make it available to any quaified victim. Any ROW player who is not repaid in full by a date certain is as much a qualified victim as a US player. If the DoJ had accepted the GBT deal, it would have cut in half the funds available for remission payments to US players.

Tapie was only going to cover about 4% of all balances in the near term. Any amount paid subsequent was not really a repayment of balances but a rakeback deal.

The real decision facing the DoJ probably was:

to cut remission to US players in half, and pay the other half to ROW players, leaving all players short most of their deposits,

or,

abandon a deal which was going nowhere in exchange for a non-zero chance of a deal with Stars that would see everybody get paid in full.

If the DoJ thought that the chance of a deal with Stars was more than 2% greater than the percentage of all-world balances available for remission, choosing to take a chance on Stars was better than going for what GBT was offering. Please note that this might still mean that a deal with Stars is unlikely to succeed.

wonder if it is because the WSOP is the biggest tournament around and so if I was to be investing millions of dollars I would be looking for an announcement around the WSOP while all the buzz is around and the excitment of the WSOP has people talking poker! THe WSOP is broadcast WORLDWIDE so the buzz and FREE publicity would be worth a fortune!

but then again that's JMO

That's not really what I meant. I understand why PS would care, but the DOJ doesn't give one crap about the WSOP. We are already half way through June. If it was that important to PS, they would have pushed it along already.

Thanks, DF.

Well, I believe GBT said that the deal would repay 95% of accounts and DF said that that number (95%) that GBT provided, included players with $0 balances. So yes, there could easily be 3 million accounts (GUESSING/HYPOTHETICAL number) and 2,850,000 of the 3 million accounts had less than $100 in them (there has to be so many people who created accounts with no money or put $50 on, went busto, and never re-deposited). While the other 150,000 had more than $100, and potentially significantly more. Those with more than $100 are clearly more likely to follow this thread and read these posts. So assuming, arguendo, all 30,000 posts were different people saying they have more than $100, that could easily mean only 1 out of 5 people with more than $100 are posting, and something like 4.5/5 people with less than $100 are not posting.

Make sense, Wizzard? (Please don't raise an issue with the hypothetical numbers I've created here)

Iveys doing pretty good in the $5k PLO8.

CL with 27 left and already ITM.

Might be a good opportunity for QuadJacks or any of you guys who are out there to ask him a few tough questions. Get a small tape recorder and say you are from a newspaper or something. Don't do anything stupid though.

I'd be interested to know when he will be repaying his loans and what happened to all the money.

Ivey doesnt and wont talk to anyone even if he wins a bracelet, so forget about it, even when he won the 250K high roller in australia he didnt give an interview

I'm so glad you posted this. Its very obvious this isn't the place for breaking news, yet everyday i read this topic and expect to learn something. And by the end of the day I remind myself not to read this topic ever again. Yet I seem to always come back and to read ramblings and the like. TY for clearing my clouded head. Back to not reading this topic.


sad to say that^ wasn't sarcasm

Why do people still worship Ivey? I just don't understand it. He took so much of our money, filed some weird lawsuit at a weird time that I don't fully understand and people still give him a pass. He wasn't just some paid pro who had no involvment. Screw Ivey.

Most people have never been able to take this thread for what it is.

i don't think anyone here thinks highly of ivey... just another scum degen.

Also we need to remember we heard Tapie's spin on why things fell apart. We have not and may not ever hear the DOJ side of things. So people need to realize there was likely more to Tapie and DOJ fell apart than what Tapie has said.

No matter what the ps deal is not as simple as Stars just saying they will pay everyone back right away. That alone does not come close to resolving the DOJ issues.

It is unfortunate but not surprising the only people who have shown interest in buying FTP assets have been convicted criminals or people under criminal indictment.

If a real white knight had ever shown up I think the DOJ would have a much better time working with them. That being said no normal business person is going to put up the money for player reimbursement as FTP is worth only a tiny fraction of that amount.

At this point I could see the doj dividing up the limited assets they have and if they find a buyer selling off ftp software. This still probably leaves most people getting 10-20 cents on the dollar and I doubt any points or bonuses would even be considered.

The reality is that buying FTP is no better than a distant third for stars in their doj talks in priorities. As pure speculation if Stars could get to a comfortable spot civilly and criminally with the DOJ without doing FTP they would do it in a minute. I don't think Stars wants FTP, but is using it as a means to an end. That is why people hoping for stars to launch a new independent FTP seems unlikely regardless of outcome.

Looking back over info reported with Tapie we heard that the DOJ and Tapie had agreed in principle and Tapie had to negotiate with FTP. This never made any sense to me as FTP had no leverage. Yet this was the alleged status for months. We hear about player loans and then eventually things collapse.

Can any lawyers or judicial watchers explain how the prosecutors involved might handle/ announce things? If they agree with stars without anything to do with FTP would the doj announce a deal? In other words if stars and the doj sign off on the criminal and civil cases will the doj release it or will it just come out as a by product of court?

best post i saw over last 50 pages lol

Away for week with kids in Florida
Read the new rules SGT. permission to beam aboard ?

I never post in this thread and I'm not sure why, but this is just wrong. It is my money. I have not loan ed it to them and your friend analogy is just wrong. The correct analogy would be a bank deposit. That is my money, not the banks.

The DOJ does have My Money and i want it back.

Cro

I think what's happening is that most everyone thinks very highly of him as a poker player; but it's hard for some people to separate that from what he does outside of poker (scum degen).