@dhubermex thanks so much for the above 2 posts.

Yes, very well played

And in probably not unrelated news, shares about 8% down today.

lol, this is worse than reading tea leaves.

Due to accusations in this thread, my experience with UK poker, grinding satellites online, and that of my friends, we have set up an email account to gather evidence

If you wish to share information regarding the claims made, we can be reached at:

PPLInfoAddress@gmail.com, we recognize people want to stay hidden as the poker scene is small here in the UK. New accounts aren't able to send/receive PMs so this seems to be the most effective way to gather more evidence

Explain.

Gather evidence to do what with it?

Who are you

Seems strange doing that, if anything needs to be said it should be done in the open. You could be someone who works for any of these companies spoken about,someone emails you with a story then you check their email address with a database you have to find out who that person is. Then they become a target or get banned etc.

If PPL dominates the UK market to the extent this thread is indicating, then Party should just openly address these concerns and get it over with. For sure, the answers are not going to please everyone.

Well, pretty damning evidence from the horses mouth. I wonder where that "journalist" who was saying there is no story here has disappeared to!

I recently received a communication from BRS informing me that all my unused PPL$ would be returned to my PPL account, presuming this is the case for all former members and given what I have been hearing from friends still in the stable I think they won't be around (at least in their current form) for too much longer!

There are a huge variety of issues that drive stock price movements.

Some of them relate to the company, some of them relate to the broader economy, and some of them relate to the individual shareholders. There's so much noise around the stock market that trying to ascribe movements to individual (and relatively small) pieces of news is a fool's errand.

At the very least, if you want to ascribe movements in GVC's share price on one day to one piece of news, you should compare GVC's movement (down) to the rest of the stock market and the industry it operates (down).

No one appears to have provided a (public) convincing explanation for why PokerStars' share value dropped by a billion dollars last month, so the idea that you can ascribe relatively small movements in Party's share price to individual news items is just crazy talk.

I was part of the academy and made 5k ppl, got sacked prior to the UK millions but was told I could play the side events, 1 bullet for the open 1 for the finale (due to it being harsh to take away 5k ppl) Will I get the remaining 3350 back? Because I have heard nothing from them.

Honestly who cares if some people are allowed to exchange ppl $ for cash whilst others aren't? Am I missing the point as to why this is such a big deal?

doubt it from hearing what the characters at the top are like, unfortunately you where the expendible at the bottom of the pyramid, whilst they ringfenced the ppl situation,

hypothetical example-

you win $5000 in PPL$, which you can only redeem in a live tournament. so you play a live tournament with an ROI of like 75% or some other egregious estimation that live players always make when it concerns their profitability, and your expected value for those PPL is like $3750 or some ****. if you could just redeem those PPL at face value, your EV would be $5000 and it changes the dynamics of how points are distributed/accrued and is problematic not only from the standpoint of fairness but also WRT any sort of promotional/leaderboard races where it can change the incentive and potentially lower the risk/offer greater rewards for participants who can trade in for cash

They invented their own form of money with special/extreme rules and expected their regs to be left holding the bag. In all fairness, if you want to conduct affiliate deals, transfer, stake, etc...I'm pretty sure all parties could just use GBP/USD/EUR.

I think the issue/concern is very clear here

I got alot of respect and love for you Marty I just don't think its that outrageous. You went for these leaderboards understanding the rules offered to you, why should it matter if others have different options available to them, you understood the rules for you when you chose to go for them and nothing's changed for you? It might not seem fair or ideal but don't see how its unethical or anything. Can see it being annoying.

Well it ain't clear to me what the problem is other than you will most likely have to make 12 annoying trips to play party events you'd rather not have to.

Do you not understand that if one player has unlimited liquidity because he gets to convert the PPL to USD he has an advantage over someone that doesn't get this liquidity to register more satellites?

It's effectively cheating.

Lol. I hope you are just a member of BRS, otherwise you are just very very very blind. Might want to get that checked out.

Apparently I don't understand that no. I am not a brs player either. I'm a reg who cares alot more about thesw games and having them remain good far more than about 99% of the dolts posting in this thread apparently.

Lipofund has said that he was won $200k plus in $PPL. This means that he has probably paid $150k plus in entry fees. This $150k is tied up now and become $PPL. He has had to put this money up himself and is separate from his current bankroll now. That means that if he needs a bankroll of $100k to play his normal schedule, it is like he has had a $150k downswing until the end of the promotion and will need a $250k bankroll. He can obviously play live tournaments as that is the point of the promotion but again that is high variance and long periods of time between events.

Some other players who can convert their funds do not have $150k tied up in the same situation. They in fact have an extra $50k now because they cashed for $200k and they can play from a much smaller total bankroll.

I hope I explained that clearly.

Sent from my HTC One M9 using Tapatalk

If you have $5300 of PPL and go to play a live event with a 75% ROI then those PPL are worth $8750 (5000*1.75) minus expenses, if you work on the assumption that playing the live tournament is a desire of the player anyway, (which given they played a satellite you'd expect it to be) then actually the $'s value remain static.

I'm not disputing that the utility value of being able to use them for whatever you wanted is higher, but the equitable value of those $ doesn't change by being forced to retain them as PPL$. Unless I've missed something.

Of course the equity is higher if you're going for the leader board.

So if we play a cash game on a site, I know the owner and he says to me "you need money on there ask me, i'll put it for you and we can settle later" and you play but have $10k deposit limit. We play for an hour I lose $20k but I don't need to deposit as I can just borrow, but then I go on a hot streak and win $30k, you're busted and because you've reached your limit have to quit the game. You have an edge here but can't fulfil it because you dont have access to the funds to play.

That's super ****ing annoying for you, I've been in a similar spot myself where been in a sick game and had to quit for liquidity issues, but in that instance - am i effectively cheating??

That is not the same, although ****ing shady. In a cash game your EV is hand by hand and the fact you get in less volume doesn't diminish your hourly. When there is a leader board and being able to put in more volume is a distinct advantage over others, so when the site has two different set of rules that is so ****ed up there is no way to say it's fair.

Sure you can say for some people it is not an issue, but if PP doesn't offer a fair game then regulators should definitely jump in.