Actually yea I can do it on FT. Have you tried transferring funds to someone?

[ ] knows anything about canada

ud prefer what u have lololol?

A bank collects funds etc to specifically use them to make money again. I'm 99% sure no single site worth mentioning is allowed to use the money its users deposited for anything that has any risk, and thus the money is safe. I'm also pretty sure the US has no legal grounds to access these funds.
These are not financial institutions.

I'm in Canada...

> Stars works fine & they have a Statement on their site....

> FT I can't update & it Craps out I can no Longer Log into it...

> The Silence from Mr. Lederer after 24 hours is deafening...http://www.howardlederer.com/news

At least Stars is working whats up with FT?

Link to their uk site? Sorry I was unable to find anything over google. I didn't even know they had an alternate site.

How you feel about moose meat?

fulltiltpoker.co.uk

anyone for backgammon?

**Question**

For those of us who are STILL on FT playing real money games in the US (those who haven't logged off yet, and updated therefore the "block") Will we be eventually kicked off anyways when FTP takes their serves down for the weekely update? Is it weekly? not even sure when they do it? Any answers are appreciated. Thanks.

How about a nice games of chess?

Over 1 million views......

If all your worried about is your ability to logon and play, just get a VPN service that has servers in Europe. There are several providers out there. Average cost is like $8/month and you'll get a European IP address.

Here are Pokerstars terms of real money deposits cut from their website. I have bolded for you the important part:

Real Money Transaction Processing and Currency Conversion

The User agrees and acknowledges that:

PokerStars will make reasonable efforts to ensure that deposits and cashouts are processed in a timely manner. We give no warranties regarding the amount of time needed to complete processing. We cannot be held responsible for delays in the banking networks, failures on part of the processor or actions of other parties involved in the processing of funds that may result in processing delays, reprocessing or reversal of transactions or the seizure or freezing of funds, nor will we be liable for any actual or consequential damages arising from any claim of delay or seizure.

As you can see PStars acknowledges that the funds you deposit are at risk of seizure. In this case they may not have been seized, but are likely "frozen". There is no mention of a trust or safe harbor, because there is none. I know you do not know me, but trust me (no pun intended!) these monies are not in any kind of "trust account". They are operating capital to settle player accounts plain and simple.

They also state the following:

PokerStars players' poker money and account balances are held in segregated accounts and not used for any of PokerStars' operational expenses. These segregated accounts are managed by a leading European bank. The arrangements ensure that PokerStars can at all times fulfill its monetary obligations toward its online poker players, and will provide further reassurance that players' funds are always secure with PokerStars.

Please note this says "segregated" accounts, not trust accounts. They indicated they are "managed" not "held in trust". They do not claim they do not own the accounts. They do not claim they do not access these accounts. They do not pay operational expenses out of these accounts, but make no other representation about these accounts except to tell you not to worry. Well if the US has frozen these accounts I would be worried!

Such a fail. Why the **** would anyone 'bend over' when the feds are reaching beyond their own jurisdiction?

Such cowardice

I agree that Aabelno is a bit of a goober, but still it's kind of a crappy thing to come onto a board full of people full of uncertainty and anguish about this situation and brag about how soft the games are up here and how awesome you are for being around to experience all of that.

I have a new level of interest in econ courses. Thanks DoJ

gg, bankrolls.

Time to move to Canada people! We could use some immigrants that don't have to be integrated anyways

We're talking about a country running an illegal prison in Cuba here.

What about Bwin and Ongame?? Are they also under investigation??

I reckon they should be......

Appropriate avatar: thanks for tossing me that ball for a sec

Yes, my point is that it would require a deliberate act of fraud and a clear violation of their operating license terms for a site to not have all player account funds held seperately in trust. This was in response to users who appeared to believe that all money received or held by a site would count as fair game for seizure by the FBI or repayments to creditors, which is clearly not the case.

Ultimately, without good reason to suspect any site of willful misappropriation of funds, there's no cause for non-US residents to assume their money isn't secure. Hence my caution with regard to UB.

[x] knows what Sarah Palin told him about Canada

touche

The accounts are segregated and protected - but I think I covered it with the fact that in many cases these overseas accounts don't have to comply with a restraining order.

But they might anyway, even if they don't have to.

This bit is largely semantics now anyway - I agreed earlier with your point that players should be exercising caution, I think we're just disagreeing on the exact level of risk and protection.