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

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04-19-2011 , 11:37 AM

#6226

harrisonsharp

newbie

Join Date: May 2010 Posts: 46

Quote:

Originally Posted by biron

sports center will be discussing this. It list Poker Problems on the side where it shows the upcoming topics. right now it looks like it is a 15 minutes away

bump

04-19-2011 , 11:40 AM

#6227

harrisonsharp

newbie

Join Date: May 2010 Posts: 46

that was short

04-19-2011 , 11:43 AM

#6228

Sub-Zer0118

old hand

Join Date: Oct 2009 Posts: 1,223

What did it say?

Teh pokers is done. Damn degens

Next with baseball...

04-19-2011 , 11:45 AM

#6229

Warlord786

grinder

Join Date: Oct 2008 Posts: 553

Quote:

Originally Posted by gambitz101

your so right, beating the live $1-2 and $2-5 games are so easy, and you guys cant think about the bb/100 thing for this argument bc the games play 500-1000bbs deep. Live play is so diff.. you look for totally diff edges, you dont look at a HUD and try to find tight or lose players to counter(who are most likely close to or maybe above your skill level) those are such small edges that pay off small and only after a tun of hands, in live play you sit to the left of the drunk guy who just hit big on the blackjack table and let him pay you off with top pair all night, man im tired and dont feel like explaining everything but the competition is so much easier.

You guys are gonna have to forget a little bit about how far you have dissected this simple game and just go sole read the local hairdresser, the rich business man, the drunk douchbag and the old grandma at your local casino. Example-I made 2 buy-ins in a 7 hour session a couple months ago without ever holding better than 2pair.. this is almost impossible to do online considering the buy-in was $1.5k and the game was $2-5.. the games are just that soft... you can be totally card dead and do fine.

And as far as ppl saying that you will not see enough hands, and the swings will be crazy, well thats a good argument but playing that deep allows for a lot more poker to be played each hand, you will not be all in on the flop against a flush draw 5 times an hour, your gonna have to actually fold your set when that spade hits the river.. (You can say what you want ab that example but w.e. you get the point) but the problem will be that the low stakes grinders will not have the roll to play live considering the standard raise will be often be 7-13 times the bb. $1-2 might be closer to $3-6 or $5-10 online. And the $2-5 games can get real jucy, iv been on the right of guys holding 5k chips and 10k wads, gross when your buying in for less than 2k

I wouldn't be a great one to take advice from considering how often I go busto on the blackjack table trying to count cards and having many 10k losing sessions on the baccarat table but a few things id advise would be- forget ab steeling blinds(risk 15 to win 3?), forget ab raising with ATC just because you have position, for get ab 3betting light bc someone opens a lot (they WILL call) and they WILL NOT fold QJ on a J high flop when you cbet, table selection is VERY important (always take breaks and check on the other games and ask for a table change if their is no action at your table or you spot some fish sitting deep), and bluffing is less profitable unless you are sure its a great spot, these people want to pay you off so wait untill you have it and let them.

been playing live consistently for ab 7-8 yrs, all im saying is that its a totally diff skill set and if you guys can master it and be able to look at someone and know where they are at- you will do great live. Simply because you guys have so much more knowledge of the game than 75% of the live grinders and 99.99% more than the guy who plays once a year when he is on vacation.

p.s. wanted to add this but I forgot- their are several grinders at my local casinos (Biloxi) who literally sit there all day and wait for the nuts, these guys may only play 5-10 hands past the flop during a 10hr session, sounds supper crazy but they have consistently made a living for several years now, this would never work online and I have folded KK to a small 3bet against one of them(yea he had AA, his entire 3betting range against another good player) so they dont get much action from other regs but it doesn't matter because the tourists and vacationers will pay them off all day long.. and he could have laid down those aces(against some 60yr old guy) when they flopped a set because you can see NUTS written all over there face when they donk lead into you on 2 streets.. Im just pointing out that there are many ways to beat these games but it comes down to making reads, something a lot of ppl laugh at Helmuth for bragging about but its very true..

Anyways good luck at the tables and I hope everything gets worked out for you guys but trust me you can pwn the live games once you get use to it..

This post is actually spot on(for Biloxi anyway). I'm from GA and Biloxi is about a 5 hour trip away, and having made it a few times and playing in the Poker Rooms there. I'd say this is a 100% correct assessment of the poker rooms there

04-19-2011 , 11:45 AM

#6230

RayRoss87

centurion

Join Date: Jan 2007 Posts: 163

Sports Center talked for like 45 seconds and said they are aware about what was made public in this indictment and I think they said they were going to remove poker related tv shows.

04-19-2011 , 11:46 AM

#6231

Warlord786

grinder

Join Date: Oct 2008 Posts: 553

Quote:

Originally Posted by RayRoss87

Sports Center talked for like 45 seconds and said they are aware about what was made public in this indictment and I think they said they were going to remove poker related tv shows.

ESPN has already came out and said it will continue its WOOOOOOSOP coverage this year

04-19-2011 , 12:00 PM

#6232

RayRoss87

centurion

Join Date: Jan 2007 Posts: 163

Oh alright well that's good. Must have misheard it. Listening to the ustream and webinar thing simultaneously as well.

04-19-2011 , 12:01 PM

#6233

JacknCoke56

old hand

Join Date: Aug 2009 Posts: 1,321

Quote:

Originally Posted by Warlord786

ESPN has already came out and said it will continue its WOOOOOOSOP coverage this year

wasn't that in a statement before today's announcement?

Excerpt from the article Here

"For the immediate future, we are making efforts to remove related advertising and programming pending further review"

BTW link to the webinar??

04-19-2011 , 12:03 PM

#6234

RoyalFish

enthusiast

Join Date: Jan 2009 Posts: 72

Quote:

Originally Posted by FearToxin90

All laws should be enforced to create the best society. When we don't agree with the consequences we then should try to change the laws.

Yours is a common fallacy that law == morality. Immoral or unjust laws should not be enforced AND should be repealed. We are not mindless automatons whose conduct is excused by simply following the rules.

For example, should the law saying black people in the US are property have been enforced? Clearly not. Doing so was wrong, but perfectly legal.

04-19-2011 , 12:04 PM

#6235

Grofty

stranger

Join Date: Dec 2010 Posts: 14

any idea if rakeback will be paid this week? :O (rakebackpro user here)

04-19-2011 , 12:08 PM

#6236

Warlord786

grinder

Join Date: Oct 2008 Posts: 553

Quote:

Originally Posted by JacknCoke56

Hmmmm just went back and read the article. This is a little confusing now since they did already say they would still be doing WSOP coverage this year. Does that article include their WSOP coverage? Or is it just all other poker programming? I'd be highly surprised if they didnt do the WSOP, but your right....thats what that article looks like its saying.

04-19-2011 , 12:10 PM

#6237

Jeff W

Carpal \'Tunnel

Join Date: May 2004 Posts: 9,557

http://www.danpatrick.com/2011/04/19...ne-poker-bust/

Nothing really new, but good to see decent stuff like this out there for the uninformed instead of garbage.

04-19-2011 , 12:34 PM

#6238

HardcoreETC

newbie

Join Date: Mar 2011 Posts: 17

Quote:

Originally Posted by Warlord786

WSOP isn't affiliated with any internet sites. They're probably referring to taking off all the advertising and event programming that is sponsored by FTP and primarily pokerstars like the NAPT.

04-19-2011 , 12:40 PM

#6239

bubonicplay

Pooh-Bah

Join Date: Oct 2009 Posts: 3,932

still no news from fulltilt? they need to come out and tell us something, an update, anything.

04-19-2011 , 12:43 PM

#6240

bentonja

old hand

Join Date: Jun 2008 Posts: 1,534

Quote:

Originally Posted by britesorb

US player here. I was lucky to enough to be logged on before the crap hit the fan on Friday evening. I stayed logged on all weekend and was able to play cash games. Went to work today. Wife unplugs the labtop so she can use it on her computer. Battery runs out of juice and disconnects from the FTP server. GAME OVER MAN!!

i'm surprised you didn't anticipate her doing that and warn her to leave your laptop alone

04-19-2011 , 12:48 PM

#6241

avfcalex

stranger

Join Date: Apr 2011 Posts: 8

Quote:

Originally Posted by August West

Don't be upset with your wife. You would have been forced to get an update tonight (Monday) anyway. I have been logged on since Friday also. Even played a few hands earlier on today. They finally forced me to "update." I clicked "Cancel" but it just shut me down. So the inevitable finally arrived.

redownload from ftp.co.uk !!!!!

04-19-2011 , 01:26 PM

#6242

BondTrader

journeyman

Join Date: Jan 2006 Posts: 235

http://www.bloomberg.com/news/2011-0...oker-case.html

Chad Elie, 31, entered the plea before U.S. Magistrate Judge Frank Maas to nine counts, including conspiracy to violate the Unlawful Internet Gambling Enforcement Act and conspiracy to commit bank fraud and wire fraud. Wire fraud alone carries a maximum sentence of 30 years in prison and a $1 million fine.

“Client pleads not guilty, intends to aggressively defend,” his attorney, William Cowden of Mallon & McCool in Washington, told reporters after today’s proceeding. Asked why he surrendered Elie’s 500-gigabyte hard drive to prosecutors, Cowden replied, “Don’t want to waste any time with the government.”

Elie was one of 11 people charged on April 15 in a revised indictment against the founders of PokerStars, Full Tilt Poker and Absolute Poker.

He was released today on a $250,000 bond secured by $50,000 cash to be paid by three people, including his wife, Destiny Davis, who was in court today. He is scheduled for his next appearance before U.S. District Judge Lewis A. Kaplan on May 11.

Elie married Davis, who was Playboy Magazine’s Miss January in 2005, at Little Church of the West in Las Vegas the day after his April 15 arrest, the Las Vegas Review-Journal reported.

04-19-2011 , 01:26 PM

#6243

Rintintin

enthusiast

Join Date: Feb 2011 Posts: 98

after 3 days of hard waiting, I finally received an email from Fulltilt

Status: APPROVED
Your withdrawal has been approved.

I am from EU, so if u encounter problems with your withdrawals, be patient.

04-19-2011 , 01:30 PM

#6244

YoureToast

Pooh-Bah

Join Date: Nov 2002 Posts: 3,582

Quote:

Originally Posted by BondTrader

This is awesome...Elie has an attorney with balls. And though its likely postering, at least he acts like he and Elie are willing to go the distance.

04-19-2011 , 01:38 PM

#6245

DrewOnTilt

Carpal \'Tunnel

Join Date: Nov 2003 Posts: 7,748

Quote:

Originally Posted by YoureToast

This is awesome...Elie has an attorney with balls. And though its likely postering, at least he acts like he and Elie are willing to go the distance.

My thoughts exactly! And LOL at the comment about Elie's hard drive.

04-19-2011 , 01:41 PM

#6246

jmaddox55

enthusiast

Join Date: Feb 2011 Posts: 51

Quote:

Originally Posted by bubonicplay

still no news from fulltilt? they need to come out and tell us something, an update, anything.

I received this email from FTP today...

Unfortunately, due to recent actions by the U.S. government, Full Tilt Poker is currently unable to facilitate 'real money' play, deposits or withdrawals by players based in the United States.

Please rest assured that player accounts remain safe and secure and our technical and legal teams are working to have your money returned to you as soon as possible.

We sincerely apologise for any inconvenience caused and will keep you up to date with additional information as it becomes available.

Thank you for your understanding,

Full Tilt Poker

04-19-2011 , 01:42 PM

#6247

M-Theorist

banned

Join Date: Jan 2011 Posts: 311

Quote:

Originally Posted by BondTrader

GJ.

04-19-2011 , 01:42 PM

#6248

HJ_Himself

grinder

Join Date: Nov 2007 Posts: 451

Just had a check revoked I deposited over a week ago. **** this ****.

Check was from stars and was cut April 6th

04-19-2011 , 01:46 PM

#6249

bleurain

journeyman

Join Date: Sep 2008 Posts: 391

Quote:

Originally Posted by HJ_Himself

Just had a check revoked I deposited over a week ago. **** this ****.

Check was from stars and was cut April 6th

Uh ohh.. Which room was it from? And how were you notified (or did you just notice it on your bank statements) ?

04-19-2011 , 01:50 PM

#6250

herebigfishy

banned

Join Date: Nov 2007 Posts: 1,136

Is this the most commented on and read thread ever on 2+2? 1 mirron hits and 418 pages of comments! wow! btw, F the DOJ! "America, the land of the free" BULL SHT!

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