Open Side Menu Go to the Top
Register
Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling

04-16-2011 , 04:48 PM
Hmm interesting thing I just noticed, unless I missed it, pokerstars is on the isle of man, but full tilt is not. Maybe this is why the sites are having different troubles?
04-16-2011 , 04:49 PM
Why dont we all put some money together and open up our own site we play on it righttt am i righttt
04-16-2011 , 04:49 PM
usually on ftp at this time there's usually over 100,000 players logged in.
there's currently only 59,000.
04-16-2011 , 04:49 PM
Quote:
Originally Posted by Free Huggs
So do you believe that an immigrant worker earning say $1500/month that ships $10K a year back to their home country is economically advantageous? For whom? This might be an unintentional red herring, let me refocus my point;

non-pro poker players are using 'expendable income' for 'entertainment' on a non-taxed and non-regulated activity. Further, US dollars are flowing from a company, to an employee, being deposited on foreign websites, and (sometimes) being lost to foreign individuals that (often) have no intention of putting the money in to the US economy.

I fail to see how this exchange is favorable for the US as a whole. I think your argument is that the two parties are theoretically benefited by the exchange; I am speaking of the impact to the economy of a nation, and subsequently the impact on the citizens of the nation as a whole.

Thanks for your thoughts.
Well then why not have some US companies start up some online poker sites so that the "expendable income" of the non-pro players stays in the US. You know - compete - capitalism - all that jazz.
04-16-2011 , 04:49 PM
Quote:
Originally Posted by Free Huggs
I'm starting econ courses this summer, so I don't know the terminology; but I think an important point is being missed in this discussion.

The US government bases economic policies on many factors, one of which is the idea that each dollar put in to the economy will be spent many times as the currency changes hands. So Adam spends $100, Bob receives this $100 and pays his costs, then spends say $60 of it. Charles receives this $60, pays his costs, and spends say $35. Doris gets the $35, pays costs, etc etc...

It is a tangible concern for a nation to have dollars leaving the economy. Much of the immigration debate relates to the money sent out of the US economy.

The US government is not attacking poker. The US government is just fixing a leak in its game. The US government also cares about its 'winrate.'

Please someone with actual knowledge about the economy can tell me that I am wrong, or perhaps expand on this idea?
the multiplier
04-16-2011 , 04:50 PM
Quote:
Originally Posted by Flunkonmyduck
Why dont we all put some money together and open up our own site we play on it righttt am i righttt
lets call it fukthegovermentpoker.com =D
04-16-2011 , 04:50 PM
this might sound dumb, but i could see the shutdown as a catalyst for legalization
04-16-2011 , 04:51 PM
Quote:
Originally Posted by AppleZauc3
lets call it fukthegovermentpoker.com =D
Can I be a site pro? I will be a billboard for you guys.
04-16-2011 , 04:52 PM
Quote:
Originally Posted by wackybrak
this might sound dumb, but i could see the shutdown as a catalyst for legalization
There is no doubt that Harrah's and the rest are jumping up and down with joy right now.
04-16-2011 , 04:52 PM
Am I the only one who had a bunch of real money in their account? I had 5 figures and that is all the money I had period.
04-16-2011 , 04:52 PM
Quote:
Originally Posted by wackybrak
this might sound dumb, but i could see the shutdown as a catalyst for legalization
It is a little tricky to prosecute people based upon it being illegal and legalize it at the same time.
04-16-2011 , 04:52 PM
Quote:
Originally Posted by wackybrak
this might sound dumb, but i could see the shutdown as a catalyst for legalization
Its possible, but the question is how long will we have to wait to get to play again.
04-16-2011 , 04:53 PM
http://forumserver.twoplustwo.com/29...akers-1020895/

This as not allot of views. but def should be read....
04-16-2011 , 04:54 PM
Quote:
Originally Posted by dallask45
Am I the only one who had a bunch of real money in their account? I had 5 figures and that is all the money I had period.
You only have 2 people to thank for the situation you are in. That is YOURRRSELF and... Howard Lederer

Good luck sir, I hear homeless shelters are nice this time a year. LOL
04-16-2011 , 04:56 PM
Quote:
Originally Posted by mikeynikes
You only have 2 people to thank for the situation you are in. That is YOURRRSELF and... Howard Lederer

Good luck sir, I hear homeless shelters are nice this time a year. LOL
FFS, what are you blaming Lederer for? Its not his fault you lost all your money online.
04-16-2011 , 04:56 PM
Wonder if there are any stats to show how much USA won or lost. And the rest of the countries.

Which country actually is losing the most of their currency to other countries?

Sweden? Russia?

How much did you lose, America?


I'd be willing to bet we have brung in more then we lost.
04-16-2011 , 04:56 PM
Quote:
Originally Posted by Aunt Betty Knows B
Stars has 190k players now, the US players gone has made little difference. Its not even worth losing sleep over. Play on as normal.

Thank god im in europe though, and not the land of the free.

Ill miss the free poker advice i got from americans though on chat when they missed an all in draw. Chat will be so quiet now without the micro pros.

lol at the kids in the US who dropped out of collage to be an online poker pro, gotta be feelin a lil stupid right now. Congrats to the ones that did stay in collage though.
Im not for the US but i hope they do the same in your country so people can rip on you for no reason. I wonder where all this random hate is coming from, hate on the US ok... but the players who get screwed over? Why would you hate on them
04-16-2011 , 04:57 PM
Okay so to make a post that I actually did a little research on-

The isle of man is a gambling supervision commision that is a way for online gambling sites to store their players money and accounts.

The isle of man has a license with pokerstars, but not full tilt UB or AP (unless I missed it, but I looked over their list about 10 times).

This is a quote directly from their web page regarding players protection

"Funds Protected

On the Isle of Man we make sure that all licensee's have a system in place which fully protects all player funds. This means that any deposits or winnings you have with an island regulated gaming firm are secure and can be enforced by law. "

For you to look for yourself, here is the link to their site:

http://www.gov.im/gambling/licensees/

What to gather from this: It is very likely that users on pokerstars money is safe. I am as of right now unsure about the other sites.
04-16-2011 , 04:58 PM
Quote:
Originally Posted by Aunt Betty Knows B
Stars has 190k players now, the US players gone has made little difference. Its not even worth losing sleep over. Play on as normal.

Thank god im in europe though, and not the land of the free.

Ill miss the free poker advice i got from americans though on chat when they missed an all in draw. Chat will be so quiet now without the micro pros.

lol at the kids in the US who dropped out of collage to be an online poker pro, gotta be feelin a lil stupid right now. Congrats to the ones that did stay in collage though.
So you are stupid Euro who dropped out of college? It's obvious because you can't even spell "college" correctly.

Quote:
Originally Posted by JimbozGrapes
Okay so to make a post that I actually did a little research on-

The isle of man is a gambling supervision commision that is a way for online gambling sites to store their players money and accounts.

The isle of man has a license with pokerstars, but not full tilt UB or AP (unless I missed it, but I looked over their list about 10 times).

This is a quote directly from their web page regarding players protection

"Funds Protected

On the Isle of Man we make sure that all licensee's have a system in place which fully protects all player funds. This means that any deposits or winnings you have with an island regulated gaming firm are secure and can be enforced by law. "

For you to look for yourself, here is the link to their site:

http://www.gov.im/gambling/licensees/

What to gather from this: It is very likely that users on pokerstars money is safe. I am as of right now unsure about the other sites.
Stars has said that funds are safe. I am not sure why everyone has to bring this up every 5 minutes. In their release on the client, they explicitly say the funds are safe. I doubt they would've said that if any funds were in jeopardy.
04-16-2011 , 04:58 PM
Quote:
Originally Posted by BakedGoods
Wonder if there are any stats to show how much USA won or lost. And the rest of the countries.

Which country actually is losing the most of their currency to other countries?

Sweden? Russia?

How much did you lose, America?


I'd be willing to bet we have brung in more then we lost.
You make wagers on a hunch? PM me if so? Seems like a lot of missing information to be making that assumption.
04-16-2011 , 04:58 PM
Quote:
Originally Posted by zaphkr
They didn't make the choice, the DOJ seized the domain names and forced them to block US players (like the FBI putting a padlock on the door of an illegal IRL business. It took a while for individual ISP's to catch up
Well, I'm not sure that's how it happened because the prohibition is from FT and PS. They have chosen to not allow US players to play (at least to the extent to which US players could obtain access).

It is my understanding that the gaming servers are not in the US. Therefore, the seizure of the urls was irrelevant to playablility.

I'm definately not an expert on internet matters but it appears to me there was/is some level of voluntariness to the US player blocking. I'd be interested in hearing from someone who understands the technical process better.
04-16-2011 , 04:58 PM
Quote:
Originally Posted by nophun
Did Marco sleep or has the quadjacks stream been going all night ?
Still going as of about 30 mins ago when I left work - haven't turned it back on here at home yet. Jungleman was on earlier.
04-16-2011 , 04:58 PM
Noticed a US registered player at my table earlier so i asked him how he pulled it off and he said he hasnt logged out in over 30 hours so he is still able to play. Thought it was pretty funny. I wonder if you never logged out would this still work?
04-16-2011 , 05:00 PM
Quote:
Originally Posted by TheDarkElf
FFS, what are you blaming Lederer for? Its not his fault you lost all your money online.
I didnt lose all my money online. This other guy did. Lederer isnt to blame, I just personally do not like him. He just always had that pompous douchey attitude in all his interviews and tv cash games, so I am happy he is getting in trouble.

      
m