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Old 10-25-2011, 06:46 PM   #176
Wizzard89
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Quote:
Originally Posted by yesright View Post
The question I have to ask is what licensing jurisdiction would agree to take on FTP without all the player funds being in place AND....... players funds being available for imediate withdrawal WITHOUT penalty.

What the survey is proposing is to penalize players who want THEIR money.

Surely players who want their money now should be paid and those who wait should be given an ADDED bonus to stay loyal to FTP.

To me it looks like they are trying to screw customers over before they have even opened.

Not sure how much I would trust a company that tries to screw me straight off the bat?
Not sure they are trying to "screw' anybody over. I think that they are willing to put the $300 mil (or whatever) into an account but if it was all withdrawn at once they would end up with cashflow problems. So by letting people to take 25% (just picked that number out of the air) out every 3 months until it is running "full tilt" (lol) again would seems reasonable to me.
I would stipulate that that withdrawl amount be ONLY on excisting balances. Any money won or deposited after they re-opened should be available right away.
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Old 10-25-2011, 06:46 PM   #177
blackfriday415
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Quote:
Originally Posted by yesright View Post
The question I have to ask is what licensing jurisdiction would agree to take on FTP without all the player funds being in place AND....... players funds being available for imediate withdrawal WITHOUT penalty.

What the survey is proposing is to penalize players who want THEIR money.

Surely players who want their money now should be paid and those who wait should be given an ADDED bonus to stay loyal to FTP.

To me it looks like they are trying to screw customers over before they have even opened.

Not sure how much I would trust a company that tries to screw me straight off the bat?
Lol. Take it or leave it
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Old 10-25-2011, 06:56 PM   #178
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Lol. Take it or leave it
If your are setting up FTP 2.......you are looking to install trust in the site and product after the last debacle.

Meet the new boss.......... same as the old boss.
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Old 10-25-2011, 06:56 PM   #179
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Quote:
Originally Posted by Wizzard89 View Post
Not sure they are trying to "screw' anybody over. I think that they are willing to put the $300 mil (or whatever) into an account but if it was all withdrawn at once they would end up with cashflow problems. So by letting people to take 25% (just picked that number out of the air) out every 3 months until it is running "full tilt" (lol) again would seems reasonable to me.
I would stipulate that that withdrawl amount be ONLY on excisting balances. Any money won or deposited after they re-opened should be available right away.
If they are willing to put up the $300M, why would there be cash flow problems, even if everyone withdrew at the same time?
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Old 10-25-2011, 06:56 PM   #180
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Quote:
Originally Posted by yesright View Post
The question I have to ask is what licensing jurisdiction would agree to take on FTP without all the player funds being in place AND....... players funds being available for imediate withdrawal WITHOUT penalty.

What the survey is proposing is to penalize players who want THEIR money.

Surely players who want their money now should be paid and those who wait should be given an ADDED bonus to stay loyal to FTP.

To me it looks like they are trying to screw customers over before they have even opened.

Not sure how much I would trust a company that tries to screw me straight off the bat?
If i get 70% i would take it directly...better than nothing
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Old 10-25-2011, 07:00 PM   #181
yesright
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by Wizzard89 View Post
Not sure they are trying to "screw' anybody over. I think that they are willing to put the $300 mil (or whatever) into an account but if it was all withdrawn at once they would end up with cashflow problems. So by letting people to take 25% (just picked that number out of the air) out every 3 months until it is running "full tilt" (lol) again would seems reasonable to me.
I would stipulate that that withdrawl amount be ONLY on excisting balances. Any money won or deposited after they re-opened should be available right away.
Isn't that what lead FTP into trouble in the first place?

You should have all player funds seperated and THEN have accounts/money for operating expenses.

You are suggesting FTP needs to continue dipping into player funds.........

WOW. Didnt work out so well the first time.
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Old 10-25-2011, 07:03 PM   #182
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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If i get 70% i would take it directly...better than nothing
and I wouldn't blame you.

By agreeing to a payment plan over along period such as 1-2 years you are essentially becoming a shareholder and hoping FTP doesnt go bankrupt.
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Old 10-25-2011, 07:30 PM   #183
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

I can agree that this shows some progress, but why is everyone so happy about this? They do just seem like random surveys..
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Old 10-25-2011, 07:49 PM   #184
ra]\\[dom
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Yeah man, someone tell the Frenchie to go home, DOJ will save us and our money. God bless America!

Dont you get it, there is no third option. Either we get everything, possibly with some temporary limitations. Or we get nothing.

I know what I'll pick.
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Old 10-25-2011, 07:54 PM   #185
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

This can't be bad news. Glad to hear they're trying to see what their options are.
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Old 10-25-2011, 08:08 PM   #186
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

sounds like great news

also the third option is the best. so i dont mind the survey person leading people to it. needing to grind out your money bonus style sounds like a great solution to me.

id love to be able to play on ftp as an American.
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Old 10-25-2011, 08:23 PM   #187
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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id love to be able to play on ftp as an American.
let's not get too optimistic
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Old 10-25-2011, 08:41 PM   #188
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by :::grimReaper::: View Post
let's not get too optimistic
hahah yeah i didnt mean i would ever be able to. just saying if i was in the rest of the world, id snap off the possibility of being able to grind my roll out bonus style.
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Old 10-25-2011, 09:04 PM   #189
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by blackfriday415 View Post
Lol. Take it or leave it
In that case I'll take it AND leave LOL
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Old 10-25-2011, 09:17 PM   #190
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Its amazing how quickly everyone is talking about playing on FTP again after all that has happened. Never mind that it shows them how dumb poker players can be and they can get away with what they have done, it also shows that any other company can rip us off and get away with it. The fact that people were playing on UB probably influenced FTP to rob us.
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Old 10-25-2011, 09:30 PM   #191
Wizzard89
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Quote:
Originally Posted by yesright View Post
Isn't that what lead FTP into trouble in the first place?

You should have all player funds seperated and THEN have accounts/money for operating expenses.

You are suggesting FTP needs to continue dipping into player funds.........

WOW. Didnt work out so well the first time.
not "dipping" into players funds BUt if they could put $200 Mil segrigated to start and an maybe $10 mil per month or so till it gets paid off would be easier to do than come up with all $300 mil right off the bat.
and like most have said better a little than nothing.
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Old 10-25-2011, 11:01 PM   #192
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by joeyrulesall View Post
Its amazing how quickly everyone is talking about playing on FTP again after all that has happened. Never mind that it shows them how dumb poker players can be and they can get away with what they have done, it also shows that any other company can rip us off and get away with it. The fact that people were playing on UB probably influenced FTP to rob us.

FTP's software was preferable to everyone else's. Their management and customer support was not. Their accounting (clearly) and fiscal responsibility was not.

If they fix the latter two, and keep the former, HELL YES I am going back to FTP. That doesn't make me dumb, that makes me aware of what went wrong and eager to reap the benefits of a new and improved site that I loved to play poker on.


AS for those who keep saying "HOW DARE THEY, THEY OWE US ALL OUR MONEY", please realize, we're talking about new people now. The "new boss" is not the same as the old boss, because the old boss stole 100% of our bankrolls, and the new boss is willing to cough up an immediate (guessing here) 70% of what we're owed, for -0- return if that 70% is going to an American player, or 100% of what we're owed if we just wait a little bit.

People are so narrow minded... i'm amazed at the amount of beggars posing here as choosers.
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Old 10-26-2011, 12:09 AM   #193
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Not terrible news. At least it seems like a realistic business plan but I doubt the US players will get their funds back yet.

As long as there is no way to make their money back, the Tapie Group can't pay the US players anytime soon without it being profitable for them.
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Old 10-26-2011, 12:19 AM   #194
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by Mycology View Post
FTP's software was preferable to everyone else's. Their management and customer support was not. Their accounting (clearly) and fiscal responsibility was not.

If they fix the latter two, and keep the former, HELL YES I am going back to FTP. That doesn't make me dumb, that makes me aware of what went wrong and eager to reap the benefits of a new and improved site that I loved to play poker on.


AS for those who keep saying "HOW DARE THEY, THEY OWE US ALL OUR MONEY", please realize, we're talking about new people now. The "new boss" is not the same as the old boss, because the old boss stole 100% of our bankrolls, and the new boss is willing to cough up an immediate (guessing here) 70% of what we're owed, for -0- return if that 70% is going to an American player, or 100% of what we're owed if we just wait a little bit.

People are so narrow minded... i'm amazed at the amount of beggars posing here as choosers.
A sucker born every minute?
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Old 10-26-2011, 12:40 AM   #195
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A sucker born every minute?
I was trying to think of a carefully worded, well thought out post in response but I couldn't top yours. Touche!
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Old 10-26-2011, 02:07 AM   #196
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

This fiasco is better than watching Eastenders.
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Old 10-26-2011, 02:29 AM   #197
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Mycology is right. If the site could prove it has changed entirely then I'd go back too.
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Old 10-26-2011, 02:45 AM   #198
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Cashout option number 2, the use of the word PENALTY is beyond tilting
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Old 10-26-2011, 02:56 AM   #199
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by Black label View Post
Guys, I think its extremely important that if you get one of these calls you answer yes to the question would you ever play on ftp again. Lie if you have to, say you really miss rush poker or the software or whatever. Its probably one of the best things you can do for poker right now. I think if they get the results of this survey and its something like 80 percent would re-deposit or play on the site again it would really go a long way to getting our money back.
I think about 80 percent would play again on that site. If its opened up again and under new management I just don't see that many players really siting out just to protest.
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Old 10-26-2011, 02:58 AM   #200
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by achengy View Post
Not terrible news. At least it seems like a realistic business plan but I doubt the US players will get their funds back yet.

As long as there is no way to make their money back, the Tapie Group can't pay the US players anytime soon without it being profitable for them.

FTP will never earn anyones business if they dont settle this debt first. its like a bookie running around collecting wins but never paying out. How would you feel if you were his/her customer?

Full payment to the US players is the key to all this if they ever want a shot in the future of the online poker market

I may be cynical about this situation, but i would still be pretty angry if we got paid. FTP has truly set many poker players back financially. Now Im grinding the live games just to get my bankroll back to where it was, which is a huge set back. Lost tons in opportunity cost. Many players like myself shouldnt be playing these "smaller games". Weve worked so hard to build a bankroll, whether it be grinding it out and taking small risk, or taking shots with high risk. It tilts me to think about all the times I was a bankroll nit(I know alot of you are out there). We just straight up got freerolled for our money

There is absolutely no way I would ever consider doing business with FTP under the same management. It really seems like howard/bitar/chris are only trying to pay players back so they can get back in business. **** them for spending our money on their ****ing lobsters.
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