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Garden City Group to be Claims Administrator for FTP Funds - Claims to begin Sept. 18 - See OP Garden City Group to be Claims Administrator for FTP Funds - Claims to begin Sept. 18 - See OP

10-13-2013 , 09:33 PM
Quote:
Originally Posted by BillNye
I disagree that it would only effect a small number of people. There are tons of players who funded their accounts via player to player transfers. I would guess like 25% of players with large balances.
if "balances as of 4/15/2011 aka Black Friday" has taught us anything about gcg, it's that the person writing that sentence about depositing was simply trying to discourage play money players from filing petitions for remission.
10-13-2013 , 09:36 PM
i recently got my spreadsheet of my account history through ftp, i was just wondering if anyone elses has the screen name of p2p transfers blank?
10-13-2013 , 09:57 PM
Quote:
Originally Posted by Skallagrim
Absolutely agree.

A small point balance or a decision to forgo the points issue in hopes (and it is still "hopes" at this point) of getting a check a few months sooner rather than later are both acceptable reasons to consider not claiming points.

But if you have a significant point balance (and, of course, any other kind of intangible with value owed to you by FTP) and/or don't mind the possibility of waiting a little longer until the DOJ conclusively resolves the issue, then of course claim your points. SO LONG AS YOU ARE HONEST, the worst that can happen is they say no and pay you the rest of your claim.

Skallagirm
Has anyone actually asked GCG about the points?
10-13-2013 , 10:18 PM
1938ford,
Can you venture a guess as to when money will be in our bank accounts for those of us that have had no problems with the filling process?
10-14-2013 , 12:22 AM
34
10-14-2013 , 08:18 AM
Quote:
Originally Posted by KingKongGrinder
Has anyone actually asked GCG about the points?
No, GCG does not make the decisions, DOJ does.

The DOJ has been asked to address the issue but has not, as of yet, issued any formal statement.

Skallagrim
10-14-2013 , 08:25 AM
Quote:
Originally Posted by BillNye
I disagree that it would only effect a small number of players. There are tons of players who funded their accounts via player to player transfers. I would guess like 25% of players with large balances.
From the point of view of the DOJ and GCG, that would still be a small percentage of the total number of people eligible for remission.

Regardless, as I said before, when DOJ does issue a formal position on this issue I would be very surprised if the people who only funded their play through P2P transfers were excluded from remission for that reason.

Skallagrim.
10-14-2013 , 08:40 AM
^I agree. Cash deposit (i.e., bank transfer, check, credit/debt card) is just one form of "deposited funds". IMO, an initial p2p transfer, funds from a freeroll or promotional bonus paid to a player account are also forms of a "deposit" to account. They are on the same side of the accounting ledger - a deposit rather than a withdrawal. As the hollerin'-Asian points out, this qualifier that a player must have "deposited funds" is likely just to keep the multitude of free-play players from thinking they can file a petition.

A staking transfer from FTP would also be a deposit to account, imo. I agree that such a player might be disqualified from remission, but not because there were no "deposited funds". Rather, it would be the business relationship between the player and FTP that would make them ineligible for remission.

If you never made a deposit of cash to your FTP player account, you should still file a petition for remission. Including a written explanation with your petition might be in order.
10-14-2013 , 11:25 AM
Quote:
Originally Posted by PPAdc
Good too see that the DOJ/GCG is being responsive to the concerns raised by affected poker players and the PPA. Just yesterday we sent them this letter and this evening they made their announcement. Great stuff!

John A. Pappas
Poker Players Alliance
Executive Director
You sent a letter the day before they made their announcement and you are trying to take some credit for the announcement?

Words fail me.
10-14-2013 , 11:38 AM
Be nice for all of this to go quick once the deadline hits.
10-14-2013 , 11:52 AM
What have people been using for legal papers with ftp funds?
Is there a standard document to legally bind the seller of ftp funds to give it over when they recieve?

if yes please can someone send me a link or something?
If no, how are people securing their ftp funds when they buy American ftp funds?

Anything useful is appreciated thanks!
10-14-2013 , 04:23 PM
PokerXanadu: You rock. Thank you so much for your diligent updates. From the other thread:

Quote:
GCG is in the process of receiving updated data from FTP concerning Affiliates' accounts.
Massive news. Hopefully this will boil down to a glitch where the wrong accounts were flagged. As far as I can tell from the posts here, a lot of players received rakeback payments and weren't flagged, right?
10-14-2013 , 04:25 PM
Quote:
Originally Posted by estuaryjones
PokerXanadu: You rock. Thank you so much for your diligent updates. From the other thread:



Massive news. Hopefully this will boil down to a glitch where the wrong accounts were flagged. As far as I can tell from the posts here, a lot of players received rakeback payments and weren't flagged, right?
Affiliate tag has nothing to do with rakeback afaict. If you ever signed up to be an affiliate though, even if you didn't actually receive affiliate payments, FTP had you as an affiliate. FTP gave GCG a list of these affiliates.
10-14-2013 , 04:26 PM
Quote:
Originally Posted by estuaryjones
PokerXanadu: You rock. Thank you so much for your diligent updates. From the other thread:



Massive news. Hopefully this will boil down to a glitch where the wrong accounts were flagged. As far as I can tell from the posts here, a lot of players received rakeback payments and weren't flagged, right?
Affiliate tag has nothing to do with rakeback. If you ever signed up to be an affiliate though, even if you didn't actually receive affiliate payments, FTP had you as an affiliate. FTP gave GCG a list of their affiliates.
10-14-2013 , 08:56 PM
Quote:
Originally Posted by PokerXanadu
^I agree. Cash deposit (i.e., bank transfer, check, credit/debt card) is just one form of "deposited funds". IMO, an initial p2p transfer, funds from a freeroll or promotional bonus paid to a player account are also forms of a "deposit" to account. They are on the same side of the accounting ledger - a deposit rather than a withdrawal. As the hollerin'-Asian points out, this qualifier that a player must have "deposited funds" is likely just to keep the multitude of free-play players from thinking they can file a petition.

A staking transfer from FTP would also be a deposit to account, imo. I agree that such a player might be disqualified from remission, but not because there were no "deposited funds". Rather, it would be the business relationship between the player and FTP that would make them ineligible for remission.

If you never made a deposit of cash to your FTP player account, you should still file a petition for remission. Including a written explanation with your petition might be in order.
Not that I'm trying to discredit you but why in the actual frack would play money donks think they need to file a petition? They're still f'ing playing their play money. I think it'd be a whole lot more likely that they're trying to eliminate fraudulent accounts, don't ask me what kind exactly, but surely this makes a lot more sense than trying to keep people with $0 balances from filing a petition to claim their $0. Also they'd have to be doing it out of the blue because they sure as hell didn't get "the email" I think it's a lot more scary than you make it out to be.
10-14-2013 , 09:13 PM
Quote:
Originally Posted by star5328
Not that I'm trying to discredit you but why in the actual frack would play money donks think they need to file a petition? They're still f'ing playing their play money. I think it'd be a whole lot more likely that they're trying to eliminate fraudulent accounts, don't ask me what kind exactly, but surely this makes a lot more sense than trying to keep people with $0 balances from filing a petition to claim their $0. Also they'd have to be doing it out of the blue because they sure as hell didn't get "the email" I think it's a lot more scary than you make it out to be.
Maybe you are right. On the other hand, I haven't seen anyone here report that they didn't get a P&C#s email to file a claim and found out from GCG that it is because they started their ftp bankroll from a p2p transfer or freeroll.

I also don't think the 1.4 million emails were restricted to players with a remaining real-money balance. GCG would have to notify every potential victim, and can't prejudge if someone with a zero balance is not somehow owed money as a victim. I'm not sure how it worked internally at FTP, but there may be a bunch of US free-play-only players who also had a zero-balance real-money account and therefore got the GCG email. The "must have deposited funds" makes clear the issue for those players. It's a technical point, imo, not a warning to those with a real-money balance.

Either way, every player owed money, however they started their bankroll, should file a petition.
10-14-2013 , 09:34 PM
Quote:
Originally Posted by PokerXanadu
Maybe you are right. On the other hand, I haven't seen anyone here report that they didn't get a P&C#s email to file a claim and found out from GCG that it is because they started their ftp bankroll from a p2p transfer or [b]freeroll. [b/]

Either way, every player owed money, however they started their bankroll, should file a petition.
On reddit poker I saw somebody claim they did not receive P&Cs, inquired and were told they were unpayable I think the poster assumed it was because they ran a free roll up. I'm skeptical but not sure why somebody would make that up.

Fwiw I think everything will go well, the recent change in the positive for affiliates is the type of thing that IMO shows DOJ is trying to make sure innocent players are paid their balances.

Last edited by BillNye; 10-14-2013 at 09:45 PM.
10-14-2013 , 09:51 PM
Quote:
Originally Posted by BillNye
On reddit poker I saw somebody claim they did not receive P&Cs, inquired and were told they were unpayable I think the poster assumed it was because they ran a free roll up. I'm skeptical but not sure why somebody would make that up.
Link please, if you can find it.
10-14-2013 , 10:00 PM
Quote:
Originally Posted by PokerXanadu
Link please, if you can find it.
pm'ed you
10-14-2013 , 11:04 PM
Quote:
Originally Posted by PeteBlow
You sent a letter the day before they made their announcement and you are trying to take some credit for the announcement?

Words fail me.
Someone did something and we saw results. You are complaining?

Words fail me.
10-14-2013 , 11:06 PM
Quote:
Originally Posted by PokerXanadu
Maybe you are right. On the other hand, I haven't seen anyone here report that they didn't get a P&C#s email to file a claim and found out from GCG that it is because they started their ftp bankroll from a p2p transfer or freeroll.
Same here, and I've been looking.
10-14-2013 , 11:14 PM
Quote:
Originally Posted by ScreaminAsian
if "balances as of 4/15/2011 aka Black Friday" has taught us anything about gcg, it's that the person writing that sentence about depositing was simply trying to discourage play money players from filing petitions for remission.
I suspect that "balances as of 4/15/2011 aka Black Friday" was really shorthand for saying that it was for those with funds locked up since Black Friday. I've heard from players whose GCG balance reflected play in the week following BF. I've not yet heard from any whose GCG balances reflect an arbitrary 4/15 cutoff.
10-14-2013 , 11:15 PM
Quote:
Originally Posted by TheEngineer
Someone did something and we saw results. You are complaining?

Words fail me.
i think what he means is PPA is trying to take credit for something they didn't have any influence over, and personally its quiet saddening that an agency that is supposedly representing poker players think that because of a letter their executive director sent has enough weight to make a global organisation come out and make special announcements is just laughable. Yes i agree what the PPA is doing in USA is helping but sorry to say the DOJ and GCG couldn't give a **** about you guys because if they did, then this would of already been over 12 months ago and the US government would be have legislation in place to legalize online poker any other online gambling.
10-15-2013 , 01:47 AM
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10-15-2013 , 03:07 AM
No real news here but, I received a call from the CGC today. They told me my account was flagged as an affiliate and that they would be sending me an email with the control and petition numbers. The balance being paid back will be my account minus affiliate money. They also said they are in the process of receiving more data from FTP about affiliate accounts in order to be able to calculate that number.

Sounds like they are working through their problems.

      
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