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Full Tilt, UB and Pokerstars Domains SEIZED by the FBI - Principals Indicted - (Merged/updated) Full Tilt, UB and Pokerstars Domains SEIZED by the FBI - Principals Indicted - (Merged/updated)

04-19-2011 , 04:04 PM
Quote:
Originally Posted by oldbookguy
Correct, it may not work, but it would garner attention and get players point of view in the courts. It would likely be "tabled" until the criminal phase plays out, but, hey, you never know.

Those who are effected should have standing though, it is, afterall, their money.

obg
I don't think there's any hope for a "class action". But a DJ action is another story IMO (limited to a very specific question), and if the plaintiff can demonstrate hardship (i.e., loss of primary income), there would seem to be a very real chance that plaintiff would not be required to wait possibly years for the outcome of a somewhat-related criminal proceeding in which he is not involved.
04-19-2011 , 04:28 PM
Both of your links don't work dude come on.
04-19-2011 , 04:36 PM
LOOOL at needing a team of mathematicians to prove poker is a game of skill.
04-19-2011 , 04:40 PM
Well it's safe to say Bachus is still against us:

GOP standing firm on internet gambling ban
http://thehill.com/blogs/hillicon-va...t-gambling-ban
04-19-2011 , 04:45 PM
Quote:
Originally Posted by RazzSpazz
Well it's safe to say Bachus is still against us:

GOP standing firm on internet gambling ban
http://thehill.com/blogs/hillicon-va...t-gambling-ban
Once they get their pockets lined, the Repubs will turn around. They're just holding tight to see how much money they can squeeze from the sites that want to do business in the U.S. It's how the game is played.

Although this is not a very good part of the article:
The aide expressed doubt that individual poker players whose accounts have been frozen will be able to recover the funds in their accounts.

"When you’re dealing with a criminal enterprise, you should not be surprised when you are cheated or taken advantage of," Bachus added in his statement.
04-19-2011 , 04:52 PM
Quote:
Originally Posted by suzzer99
LOOOL at needing a team of mathematicians to prove poker is a game of skill.
Using mathematics to compare the amount of skill and luck in poker and golf would be an excellent thing to do imo. The reason that the "predominantly skill" clause is in so many state gambling laws is so things like golf tournaments aren't illegal.
04-19-2011 , 04:54 PM
Quote:
Originally Posted by Palomino
I'm seriously surprised to hear you saying this hip, I thought you were smarter than this. I know you've been keeping up with things, so why is it you are being no more intelligent than the news people right now? You KNOW playing is not illegal, the government has never said it is.
i am not 100% sure that playing on UB isn't illegal. I hope its not because I don't want to go to jail and what not.
04-19-2011 , 04:56 PM
Quote:
Originally Posted by FreakDaddy
"When you’re dealing with a criminal enterprise, you should not be surprised when you are cheated or taken advantage of," Bachus added in his statement.
That's funny b/c I don't recall Stars/FTP taking my money... Not until the government stepped in was I ever "cheated or taken advantage of"...
04-19-2011 , 04:57 PM
Sorry for my english:

So Americans say Pokerstars/FullTilt acted against the law by offering "illegal" onlinegaming to american people...

And if the US decide to go to judge against not only the owners of these sites, but against the sites themselfes...

And if they blame the sites for xxx, xxx and xxx...

and if the sites get punished by asking them for xxx.xxx.xxx.xxx$:

Wouldnt that mean Pokerstars, Fulltilt and all the other "illegal" sites would go into insolvency?

And if they would:
Wouldnt that mean that all the money of the players be just a part of the remaining assets of the insolvent corporation?

Im a bit concerned, have quite a lot of money on my account...
04-19-2011 , 04:58 PM
Quote:
Originally Posted by FreakDaddy
"When you’re dealing with a criminal enterprise, you should not be surprised when you are cheated or taken advantage of," Bachus added in his statement.

By your own government.

Way to go Reps.
04-19-2011 , 04:58 PM
Quote:
Originally Posted by RazzSpazz
Well it's safe to say Bachus is still against us:

GOP standing firm on internet gambling ban
http://thehill.com/blogs/hillicon-va...t-gambling-ban
Quote:
The aide expressed doubt that individual poker players whose accounts have been frozen will be able to recover the funds in their accounts.

"When you’re dealing with a criminal enterprise, you should not be surprised when you are cheated or taken advantage of," Bachus added in his statement.
flawless logic
04-19-2011 , 05:14 PM
Quote:
Originally Posted by Bachus
The aide expressed doubt that individual poker players whose accounts have been frozen will be able to recover the funds in their accounts.

"When you’re dealing with a criminal enterprise, you should not be surprised when you are cheated or taken advantage of by your government in their litigation against them," Bachus added in his statement.
FYP, Bachus?
04-19-2011 , 05:16 PM
Although the first study is valid and I think that it is easy to explain, easy to follow, and intuitive, I think the second study is invalid based on how it is described in the article. Judging showdown hands vs all fold and muck hands does not accurately or entirely prove a skill/luck difference in online poker. Games that go to showdown could and most times are (in lower limit or freeroll tournaments and play money hands at least) based on someone's skill level to shove with a weak hand or total bad bluff. Sometimes, they get lucky and sometimes the best hand wins. Maybe the higher limit hands would be more accurate to determine this as accurate. This number would also be skewed by a difference between table size (heads-up, 6, 9, 10 players; the number of hands reviewed would be better served with a good mix of all table sizes) (although, I don't know the details and qualifications of this study, so they might have done all that) Also, someone winning without showdown does not mean that the person necessarily did anything based on skill to win the hand. Not too many walks happen, but they do, and most hands end without a showdown; some with skill vs luck and some with the first person to bet wins or the difference between tight and loose players of similar skill level.
04-19-2011 , 05:17 PM
Not sure why these are posted, but keep in mind they are from 2009.
04-19-2011 , 05:19 PM
Enjoy some positive reading:

http://curiouscapitalist.blogs.time....fe-from-poker/

Skallagrim
04-19-2011 , 05:25 PM
Quote:
Originally Posted by Skallagrim
Enjoy some positive reading:

http://curiouscapitalist.blogs.time....fe-from-poker/

Skallagrim
Thanks. It read more like a rant, but it was good.
04-19-2011 , 05:46 PM
Quote:
Originally Posted by RazzSpazz
Well it's safe to say Bachus is still against us:

GOP standing firm on internet gambling ban
http://thehill.com/blogs/hillicon-va...t-gambling-ban
If there has even been a statement from a GOP rep that SHOULD cause all poker players to vote for the dems, this / he is it, teach them a lesson in 2012.

obg
04-19-2011 , 05:48 PM
Originally Posted by RazzSpazz
Well it's safe to say Bachus is still against us:

GOP standing firm on internet gambling ban
http://thehill.com/blogs/hillicon-va...t-gambling-ban
.......
The aide expressed doubt that individual poker players whose accounts have been frozen will be able to recover the funds in their accounts.

"When you’re dealing with a criminal enterprise, you should not be surprised when you are cheated or taken advantage of," Bachus added in his statement.

.

Originally Posted by Victor
flawless logic

.

This has less to do with criminal enterprise and more to do with a "good faith" binded transaction of funds. After all, if you think about it that way, it's like putting your money in a non-FDIC backed and approved bank, with an agreement to automatically withdrawal and deposit money based on your activities on the site. In that line of thought, even though it is 'your' money, without the backing of some sort of built in insurance for that money, it is lost unless the sites win this and the funds are unfrozen and not seized.
04-19-2011 , 05:51 PM
Quote:
Originally Posted by RazzSpazz
Well it's safe to say Bachus is still against us:

GOP standing firm on internet gambling ban
http://thehill.com/blogs/hillicon-va...t-gambling-ban
OK, we need to OWN this thread, you can comment without creating an account on The Hill.

obg
04-19-2011 , 05:55 PM
Quote:
Originally Posted by oldbookguy
If there has even been a statement from a GOP rep that SHOULD cause all poker players to vote for the dems, this / he is it, teach them a lesson in 2012.

obg
Yeah, I gotta say that so far, Bachus is in the running for the biggest douchebag of this entire episode. He's basically taking pleasure in the prospect that money might be stolen from Americans without any due process because they did something that he feels is immoral. (Plus, while I'm not going to say there's NO chance that players won't get their money back, there certainly seems to be a large "talking out of his behind" quotient with respect to his prediction about that issue.)

      
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