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Old 06-01-2011, 03:44 AM   #1
Striving4Greatness
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Nick Rainey talking candidly about FTP on Quadjacks

http://www.justin.tv/quadjackslive#/w/1273990784/16

Says FTP rakeback accounts were sold to him for 10k + 2k per month. otehr were sold for 25k-50k

Also said he took over for a horse in a Sunday FTP 1.5m GTD near the end, took it down and FTP did not pay him even though they had no way of proving he took over.

The podcast will be up ina bit I'm sure and i welcome anyone who is listening to correct any of my above statements as im relaying the info from memory.
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Old 06-01-2011, 03:46 AM   #2
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Re: Nick Rainey talking candidly about FTP on Quadjacks

WTF
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Old 06-01-2011, 03:47 AM   #3
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Re: Nick Rainey talking candidly about FTP on Quadjacks

Yes, and he has more news after the break.. and this guy Chris Porter is still working for Full Tilt
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Old 06-01-2011, 03:47 AM   #4
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Re: Nick Rainey talking candidly about FTP on Quadjacks

He also said that Ray Bitar took all of the money from player accounts and spent it on an advertising campaign last year during the WSOP.
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Old 06-01-2011, 03:47 AM   #5
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Re: Nick Rainey talking candidly about FTP on Quadjacks

was a nice listen. just wow.
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Old 06-01-2011, 03:48 AM   #6
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Re: Nick Rainey talking candidly about FTP on Quadjacks

Im listening, things are getting very interesting.
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Old 06-01-2011, 03:48 AM   #7
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Re: Nick Rainey talking candidly about FTP on Quadjacks

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Originally Posted by BackedUp View Post
He also said that Ray Bitar took all of the money from player accounts and spent it on an advertising campaign last year during the WSOP.
I get the sense that his evidence for this was to some extent anecdotal, but it's a serious allegation.

The 100% rakeback accounts being available for sale is insane. And obviously they wouldn't be possible without FTP being complicit.
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Old 06-01-2011, 03:49 AM   #8
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Re: Nick Rainey talking candidly about FTP on Quadjacks

They keep playing stupid songs.
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Old 06-01-2011, 03:49 AM   #9
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Re: Nick Rainey talking candidly about FTP on Quadjacks

I'm glad Rainey is coming out with this but I can only think this is a hugely stupid decision on his part. Obv. he's pissed about his 300k, maybe his relationship with PA and other deteriorated after he didn't get paid, but at this point he's just throwing everyone under the bus.
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Old 06-01-2011, 03:50 AM   #10
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Re: Nick Rainey talking candidly about FTP on Quadjacks

I don't get it though, if FT lock&banned Nick and the kid then surely someone told on them?
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Old 06-01-2011, 03:50 AM   #11
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Re: Nick Rainey talking candidly about FTP on Quadjacks

he was talking in the beginning about ownership deals and other important things just being handshake deals. that sounds kind of fos to me, but this is a really entertaining interview either way. great day of trainwrecks.
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Old 06-01-2011, 03:50 AM   #12
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Re: Nick Rainey talking candidly about FTP on Quadjacks

Wow just wow
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Old 06-01-2011, 03:51 AM   #13
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Re: Nick Rainey talking candidly about FTP on Quadjacks

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They keep playing stupid songs.
thats just for the break, they'll be back in a few min
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Old 06-01-2011, 03:51 AM   #14
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Re: Nick Rainey talking candidly about FTP on Quadjacks

break is taking a long time because rainey just got iced by a flying star.
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Old 06-01-2011, 03:52 AM   #15
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Re: Nick Rainey talking candidly about FTP on Quadjacks

To clarify i think the rakeback account were available through his connections being patrick antonious's assistant and not directly from FTP.
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Old 06-01-2011, 03:52 AM   #16
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Re: Nick Rainey talking candidly about FTP on Quadjacks

loved the part how he has a friend who got a job @ Stars and he had to move to Ilse of Man and work in there office while his friend who works @ Fulltilt basically works from his laptop in his kitchen whenever he feels like it.
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Old 06-01-2011, 03:52 AM   #17
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Re: Nick Rainey talking candidly about FTP on Quadjacks

I have a love/hate situation with QJ. I love when they somehow manage to get big names or interesting people on, and I hate every other second.
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Old 06-01-2011, 03:52 AM   #18
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Re: Nick Rainey talking candidly about FTP on Quadjacks

Quote:
Originally Posted by DaycareInferno View Post
he was talking in the beginning about ownership deals and other important things just being handshake deals. that sounds kind of fos to me, but this is a really entertaining interview either way. great day of trainwrecks.
Meh. We definitely learned from the Clonie situation that FTP's "contracts" were pretty ...unofficial.
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Old 06-01-2011, 03:53 AM   #19
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Re: Nick Rainey talking candidly about FTP on Quadjacks

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Originally Posted by Striving4Greatness View Post
To clarify i think the rakeback account were available through his connections being patrick antonious's assistant and not directly from FTP.
he said he had two. one that he got as part of a deal when PA signed, and the other that he bought from his friend.
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Old 06-01-2011, 03:53 AM   #20
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Re: Nick Rainey talking candidly about FTP on Quadjacks

Quote:
Originally Posted by Striving4Greatness View Post
To clarify i think the rakeback account were available through his connections being patrick antonious's assistant and not directly from FTP.
Obviously FTP had to know about their existence.
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Old 06-01-2011, 03:53 AM   #21
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Re: Nick Rainey talking candidly about FTP on Quadjacks

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Originally Posted by DaycareInferno View Post
he was talking in the beginning about ownership deals and other important things just being handshake deals. that sounds kind of fos to me, but this is a really entertaining interview either way. great day of trainwrecks.
Well there was some huge lawsuit regarding the Clonie Gowen's ownership of the company and it didn't appear to be very clear..
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Old 06-01-2011, 03:53 AM   #22
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Re: Nick Rainey talking candidly about FTP on Quadjacks

Not the best idea to be revealing all of this now - while the funds are still up in the air.

We don't want FTP shrivel up before the funds are released, or that there is still the hope of the funds being released.
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Old 06-01-2011, 03:55 AM   #23
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Re: Nick Rainey talking candidly about FTP on Quadjacks

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Meh. We definitely learned from the Clonie situation that FTP's "contracts" were pretty ...unofficial.
yeah, i wouldnt be surprised or anything. just sayin, a lot of this didnt make a whole lot of sense, and not exactly the most reliable source.
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Old 06-01-2011, 03:56 AM   #24
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Re: Nick Rainey talking candidly about FTP on Quadjacks

wow this is unreal. Seriously thinking of withdrawing from FT and never play there again.
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Old 06-01-2011, 03:56 AM   #25
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Re: Nick Rainey talking candidly about FTP on Quadjacks

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He also said that Ray Bitar took all of the money from player accounts and spent it on an advertising campaign last year during the WSOP.
Did he say how much money or give any other details?
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