yeah lol one thing i know for sure the DoJ doesn't give a crap what anybody thinks about them.

I would own ur soul in the ft 90 mans...

Why would you think that? How much actual profit do you think FTP really made? What % of that do you think a new FTP, without US players, will make?

I'd vote that within a month the new FTP will have 50k players online at its peak

Yes but they need real money players

They will get them because most people are stupid and greedy.

Any skepticism now coincides with Matt's blog. If we believe the reports that the doj and gbt reached a deal then things are clearly hung up with FTP.

Some FTP owners are in serious legal jeopardy. Others essentially got robbed and screwed just like the players. The former group is helped by a deal being done, the later not so much. The owners who got screwed really have no motivation to see the Tapie deal done. It actually potential hurts them.

The legitimate FTP / gbt negotiations should be rather straight forward and not take that long. If we believe that is the stage we are in now then it is not a good sign.

That being said I am not sure we have been fed an accurate timeline of events so far so I still think things are up in the air and almost anything can be happening

We must realize most of the sources used in all the reporting on this are sociopaths, criminals of sociopathic criminals, so we should treat it accordingly

I think we should discount a lot of what we here is allegedly going on but also a lot of what we have heard from the beginning until now

In other words we should consider ourselves pretty much in the dark and any pessimism or optimism erased. I have no real faith of trust in any of the reporting or sources so far.

The reality is we have not head anything substantial in public or in private from the two groups who matter, doj and gbt, in a long time now.

I would discount any report or story who has FTP people as sources as they don't know or have agendas that conflict with the truth. Unfortunately for us 95% of the sources are from FTP.

People overestimate how much it costs Tapie to drag things out.

It has been clear from the beginning he wanted to steal FTP. If the FTP owners are not meeting his demands it costs them virtually nothing to keep them dangling on the hook until they give in. There is no reason to rush things.

Also from Tapies standpoint rushing to pay players back is not good either. He did not take any money but the more time it takes the easier it will be to get payback concessions from the players like matching deposits, rake etc. the longer it goes the more appreciative players will be to get anything back

So there are huge financial incentives for gbt to take their time and almost zero cost involved. A weekly meeting and a few billable hours? Not much in the scheme of things.

Other people talk about the relevant poker tournament deadlines but I don't see that changing their tactics. I said from the beginning it only makes sense if you get FTP for almost nothing. That is what Tapie is trying to do. The longer it takes the closer it gets to nothing.

A lot of people think they have an 80% chance of getting most of their money back. In ten more months how many people would begrudgingly but willingly accept 60% of their money back.

Gbt strongest leverage at this point is time. That being said if they get what they want in a week the deal could be done. I just want to correct the perception that time is an enemy to Tapie. The other side of that though are people thinking he can't walk now. It costs him nothing to keep things open so walking away publically serves no purpose yet

To be clear the doj is not responsible for selling crime riddled business assets. It happens as an offshoot of the job job enforcing us law. I suspect the doj will not be making many asset sale announcements, it is not what they are about not is it one of their primary concerns in this case.

The only people who likely will ever make an announcement are Tapie. If a deal is done obviously. In terms of no deal only if the deal is 100% dead. If it was only 98% dead no announcement. My point is official announcements will be hard to come by in all this.

No, it's because people just wanna play some poker on a good software.

Looking bad to whom and for what?

How can Tapie come out of this looking bad? He actively is trying to make a deal where a significant portion of 400 million dollars stolen by others might be repaid by him.

On what bizarro world is someone who tries to do that subject to looking bad?


All good points. I think some people are of the impression that without the theft FTP would have been a valuable business. It is clear the business was horribly run and even without the theft would not get much in a sale. Add the theft into it and it approaches being worthless.

People need to realize just assuming row deposits is probably way more than FTP is worth so they have to work to offset and mitigate that. FTP is not worth anywhere close to 200 million dollars. As you note it is possible they found more liabilities and less assets.



Lol he even admits his sources make stuff up to make him look dumb.

I wish anyone with FTP/ pk sources actually stop posting as they are horrible sources and almost none of them will have access to legitimate information before us.

http://www.lasvegassun.com/news/2011...ions-las-vega/

so apparently people knew about black fri 2 months earlier? so in reality the people who knew were scums to go trade their ftp future play $$ for stars $$ are scum.

I'm confused, where does the article say that? I might have missed it.

To an extent you are all completely right. At the moment we are all sitting ducks, just waiting for whatever is gonna happen to happen. imho its 50/50 whether we'll get our money back, 6 weeks ago i woulda paid 80c on the dollar but def not right now.
But really whats the point in sitting here, arguing over every little detail and bitching at every person who was wrong on the last page? We're all on the same side arent we? we all just wanna get paid and if were lucky get to play on ftp again?

Obviously our opinions are gonna differ but remember, if this deal goes through tapie has commited over $300m to make money in the long term. And the only way that'll happen is to for ppl to slowly head back to ftp2 and pay rake. So hopefully some people can take solice in the fact that one day the power could be ours and they'll be begging us to play on ftp, but until then lets just roll with the punches

the Big Maaaaaaaaaaan

+1

No news this week, so we wait for what will happen on Deadline Day Tapie OR DDT.

Wednesday is supposed to be the day. Let's hope everyone will be happy bunnies come Thursday

why has nobody started a betting pool on the date yet? 1$ per guess to be split among all who got the day in that particular week right, if ther is no announcement whole pool rolls into next week for a new round...

theres no date dudes

I've said it before and say it again. Full Tilt is dead and not coming back. I just hope somebody buys the software.

Why did I read this thread every day ? Why ? WHY ?

this article was posted a few days ago saying the deal had gone through (supposedly from a leaked yahoo story.)

http://www.metrocardclub.com/blogs/b...2012-02-22.php

was this incorrect?

If the people responsible for this or in anyway responsible for the ft disaster reading this you are all scumbags, I don't give a **** who you are you all scumbags, regular poker players made you ****ers rich and you guys the life you had, living off our money, playing with our money, gambling our money away, hope you all go to hell or even better prison then hope get a feel of the real world, your fantasy world is over. In the old days there would have been a bullet up your ass a long time ago, don't be such chicken pussies and come out of hiding. I may get busted from mods for this post, but I don't care, these so called pros are all pussies.

This seems a bit of a bizarre request.

I am willing to listen to anyone with genuine info and evaluate that info.

Some of the most interesting posts about the inner workings of FTP/PK on 2+2 have been by current or ex-employees.

They might not have all the info but at least give us a line on what BS management feeds them.

I think that is helpful in evaluating how complicit FTP management were in this whole mess.

Thank you, your opinion is very important for us

Masochism seems like a strong possibility at this point.