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Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling

04-18-2011 , 10:36 PM
Who wants to work on the Wikipedia article about this case?

http://en.wikipedia.org/wiki/U._S._v...l._(10_Cr._336)
04-18-2011 , 10:41 PM
John Campos released on bond:

http://www.kcsg.com/view/full_story/..._first_stories
04-18-2011 , 10:41 PM
Quote:
Originally Posted by BeerBottlez
congrats JOHN! i knew you would beat these bogus charges.
04-18-2011 , 10:42 PM
Quote:
Originally Posted by cheeseburner

Too little, too late I suppose.
04-18-2011 , 10:42 PM
Quote:
Originally Posted by RayRoss87
Why do people asking if Lederer, Ivey, Ferguson and the Full Tilt pros will show up at the WSOP? If there isn't a warrant out for their arrest then why would they need to hide? They're not doing anything illegal by playing a live poker tournament just like how they're not doing anything illegal sitting in their homes or walking around on the streets.
How do you know there *aren't* indictments pending? It's not like they usually announce those things on the internet first.
04-18-2011 , 10:43 PM
Quote:
Originally Posted by Solid up arrow
congrats JOHN! i knew you would beat these bogus charges.
Since when is "released on bond" == "beating charges"?
04-18-2011 , 10:43 PM
There were a lot of uninformed people in the B&Ms to day with no clue. One of the popular opinions was something to the effect of:

"I knew they would get those guys running the internet poker eventually. Money laundering and fraud, no wonder they always win, just like those people on that one site that could see everybody's cards."
04-18-2011 , 10:47 PM
Anyone find it alarming so many people are willing to throw money into other sites now?
04-18-2011 , 10:48 PM
Quote:
Originally Posted by PLO_Micro_Donkey
Since when is "released on bond" == "beating charges"?
People don't understand how our law system works...
04-18-2011 , 10:52 PM
Quote:
Originally Posted by Dexter Morgan
Anyone find it alarming so many people are willing to throw money into other sites now?
Been away for a few days, sorry if this has been asked, didn't want to read through 200 pages. What appears to be the best option as a Canadian player who still has access to full tilt. Should I continue playing knowing that I might never get any money that i might make. I want to play and improve but I don't really want to deposit in another site right now especially with money still tied up on full tilt and everything else that is going on.
04-18-2011 , 10:52 PM
Quote:
Originally Posted by deemikey
Is this the largest 2p2 thread ever? Anyone know?
No, the omg omg omg's in BBV4L can acheive to get 10k posts in like 10 days...
04-18-2011 , 10:52 PM
Quote:
Originally Posted by Dexter Morgan
Anyone find it alarming so many people are willing to throw money into other sites now?
Not alarming, or even that surprising ... there are a lot of stupid people out there.
04-18-2011 , 10:53 PM
Quote:
Originally Posted by Ramon Scott
There were a lot of uninformed people in the B&Ms to day with no clue. One of the popular opinions was something to the effect of:

"I knew they would get those guys running the internet poker eventually. Money laundering and fraud, no wonder they always win, just like those people on that one site that could see everybody's cards."
God this is my friends thinking. Hes such a fish that he actually thinks that he has a bigger edge live than online. He's trying to be pro with the whole B&M.

I mean who would choose B&M over online if it's available(besides jeff madden)? Yawn 30 hands per hour, tip annoying dealers, and pay ridic rake.
04-18-2011 , 10:57 PM
I think I'm just going to the casino and putting what is left of my roll on black on the roulette wheel. Go big or go home.
04-18-2011 , 10:58 PM
you win rate live is ten fold that of online, thats why, AKA bigger edges.
04-18-2011 , 11:00 PM
Quote:
Originally Posted by bubonicplay
you win rate live is ten fold that of online, thats why, AKA bigger edges.
You can't be serious.
04-18-2011 , 11:06 PM
Quote:
Originally Posted by HappyOD
Too little, too late I suppose.
I know. Have you ever seen Casino Jack and the United States of Money? Amazing how lobbying can get you indentured servants, eliminate your opponents and pretty much anything you want.
04-18-2011 , 11:07 PM
Quote:
Originally Posted by PLO_Micro_Donkey
How do you know there *aren't* indictments pending? It's not like they usually announce those things on the internet first.
Yeah but when you are indicted that just means charges have been brought against you and there will be a trial (or a plea bargain of course). At least as far as I understand.

So by hiding out and not playing in the WSOP, that isn't going to stop an indictment from coming.
04-18-2011 , 11:12 PM
Quote:
Originally Posted by DesperateHouswives
God this is my friends thinking. Hes such a fish that he actually thinks that he has a bigger edge live than online. He's trying to be pro with the whole B&M.

I mean who would choose B&M over online if it's available(besides jeff madden)? Yawn 30 hands per hour, tip annoying dealers, and pay ridic rake.
being a live pro isn't even an option, live pros are a myth

we're talking 30 hands an hour at best, work 40 hours a week and you'll get about 60,000 hands per year

any long-term professional cash player knows no matter how good you are, the deck will throw you a 100k breakeven stretch with some regularity

enjoy that 2 year downswing

at 5/10 you'll pay completely insane rake, receive no rakeback, deal with hostile dealers all day if you don't tip them, breathe secondhand smoke 40 hours a week

if you can somehow maintain a 5ptbb/100 longterm winrate under those conditions (which is probably impossible, nobody has ever tested this let alone successfully demonstrated it, all professed live winrates have been purely anecdotal and based on laughably small sample sizes) you're making 60k a year

60k

for 5/10

under those conditions

and you get deep constantly so you need a six-figure bankroll

lets say you're a 2.5ptbb/100, now youre making 30k a year

and while you're making that 30k/year, you have to walk right past all the $10 beers and hookers every day

it's just impossible, if you want a decent living live you need a half a million dollar roll and you need to play 25/50 all day every day in horrible conditions and be prepared to endure losing 6-month stretches like its nothing
04-18-2011 , 11:14 PM
Quote:
Originally Posted by trantortroll
People are criticizing players for having too much on the sites, people are blaming the sites themselves for creating false businesses to get our money through when really there is just one source of blame. WE SHOULD ALL BE ENRAGED AT THE US GOVERNMENT. I don't blame the sites for creating false companies and participating in "shady" practices. Screw our government. They put a terrible law into effect and companies should ignore it. Our government has too much power and we should rebel. I for one say good for the websites for commiting these "crimes." Our government are the biggest crooks on the planet and we should not stand for it. These websites gave us hours of entertainment and the opportunity to make a living. THE US GOVERNMENT SUCKS!!

+ infinite
04-18-2011 , 11:15 PM
The play in live games is worse than .01/.02 online.

Do you want 30 hands per hour with high rake/tips and a big edge, or 70 hands per hour with lower rake but little if any edge?

Online puts you up against everyone in the whole world. Live puts you up against only those who are willing and able to commute to the game.

That's why the opposition to intra-state or any other kind of "localized" poker is so bizarre to me.

The concept is not difficult, but nobody seems to get it: when you shrink the pool of competition, the competition becomes less stiff.

I PRAY for the days of intra-state poker.
04-18-2011 , 11:19 PM
Hi any one from pokerstar non us player successful cashout to thier internet wallet?

I was still in pending 48 hours ago from the message they sent to me and said in process.
04-18-2011 , 11:22 PM
Quote:
Originally Posted by bubonicplay
you win rate live is ten fold that of online, thats why, AKA bigger edges.
Talk sense.
04-18-2011 , 11:32 PM
No more online poker.

No more Big Game, HSP or PAD.

Home game raids.

Why doesn't the DOJ just come out and tell everyone that having poker as hobby in the USA is illegal.

Honestly the only option seems to be brick and mortar. Can't even watch it on TV.
04-18-2011 , 11:48 PM
Yeah, at first I thought it would be stupid to put money on another site like Carbon or Cake, but now I feel compelled to do so out of principle. I'm going to play poker: online, home games, and at casinos. They can keep trying to prevent it and I'll keep trying to do it.

      
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