This freaking sucks. Like 1.5 months ago, I was 100% confident I was getting my money. Now thanks to all the ****ers not paying their debts and GBT constantly stalling, I'm getting pretty worried it's only a matter of time before it falls through again. Now I'm somewhere around the 65% mark in terms of confidence of getting paid, but I don't know much so could be way off.

65% would put you in the optimist category imo

Damn

Doyle posted about FTP:

Cliffs: he has no clue about what he is talking about and if you followed this thread, reading his post will tilt you.

http://doylebrunson.com/blog/

With all the information we have, 65% seems pessimistic to me. There' just a lot of games going on I think .

I doubt the pro dept will stop GBT from relaunching FTP 2, they said relaunch is first issue then justice is second issue. For the regular person who misses a car payment, morgage payment ect... Is consequences. I'm 100% sure there will be consequences for the pros owing money. Interest charges and a bad rep at minimum.

It's amazing how negative people get when a few speed bumps come along. The deal is definitely 85%+ if not more. GBT has invested heaps at this point. He's simply being a smart business man and trying to get the people with debt to pay up. 16.5 million isn't going to be a deal breaker. A breaker would be if Investment groups or people who are putting up a substantial amount of coin fell through and could not be replaced. Things will pan out.

I know it's standard for people to just throw out random numbers without a single clue as to how they came up with them ITT, but I'd like you to provide a source for this. Thanks,

Morphy

I'm not providing a source but trusted source says "good chance" so that means 85%+

nice math

Why all the hate on what Doyle Brunson thinks? This man eats lunch with Howard Lederer... clearly he doesn't have any information on what
is going on Doyle Brunson thinks that there will be absolutely no deal made and how this is all panning out it seems worse every day. To think that we can just fluff off Doyle Brunson as an old demented bat that doesn't know what he is talking about doesn't even make sense.

And for all the people saying that GBT put all this time and money into the deal and thinks it will for sure happen, that is pretty questionable. If it is more +EV for them to walk then take the deal then they will opt for the more +EV route.

Lose 3 million walking after trying to get a deal through.

or

potentially lose 50 million investing in a broken company with questionable returns of profit and image.



Lets just hope the calculation pans out for us.

good chance is 75%+, very good chance is 85%+

you're welcome

Quote?

I'll just put my 2 cents in I think it's about a 35% chance we will ever see our money again.

We just have to wait it out. It's already proven to be at least 75%

Players have to get their money back, you can't just get ****ed out of 50k from a world wide branded poker site can you (if you have 50k in your FTP account) I mean justice is being done if people get ****ed over for 100 bucks in the real world. Well FTP is a real world.

When is the next official date that we find out some news?

The 10th of Never.

That doyle blog tilts the **** out of me. Doyle, how did you collect large debts back in the ole days? What about a large debtor that has been ducking you for 10 months?

Deadline on 29th ??

GBT does not own FTP, why would the players pay them (GBT) for their debts to FTP? I write this and I have money (or did) on FTP...

Face it folks, FTP is done, and ain't coming back in any way, shape or form... It's gone...

The 29th of this month is meant to be a deadline on the DOJ deal.

Because GBT doesn't want to purchase a load of debt.

Here's the official news.. Tapie has decided to pull out of the deal because FTP isn't worth as much as they thought...and they were just kidding anyway... DOJ decided to escalate the case by filing criminal charges against the same cast of characters... and due to lack of a buyer for FTP, they decide the money seized from FTP accounts is the penalty FTP has to pay in the criminal and civil cases, hence no money left for the players....and we all need to forget FTP ever existed. The assets of FTP will be sold at an auction... a secret company based in Israel/Isle of Man/Costa Rica buys FTP's assets, re-brands the software and starts a new site with a clean slate...years later, we find out the secret company was partially owned by Stars/Ivey/Doyle

Joke?