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Pokerstars is an online poker site. Pokerstrategy is an educational training site. They are not the same site. The TSL3 is sponsored by pokerstrategy.com. |
On April 16 2011 11:04 CaucasianAsian wrote:Show nested quote +On April 16 2011 10:55 PJA wrote:On April 16 2011 10:50 jeparie wrote:On April 16 2011 10:45 Hatsu wrote:On April 16 2011 10:41 jeparie wrote:On April 16 2011 10:36 Hatsu wrote: Yes, indeed it is. But living off something like that entails a certain risk. As I said I sympathize on a personal level, but what is happening is not unfair to them or anything, it is simply a pretty good lesson. It might be a good time to look at other career opportunities, especially for those with a decent amount of money (I have a feeling good poker players might be good traders too).
You do realize that there are people that could be losing 5 and 6 figures here. That's hardly "a pretty good lesson." That is the very definition of a "pretty good lesson", in fact. You're confusing "a pretty good lesson" with "absolutely ridiculous punishment for people that didn't do anything wrong." Also "ruining lives" in some cases. It is absolutely ridiculous, and definitely ruining some people's lives. But the people whose lives are being ruined weren't doing anything productive for society. Not saying they deserved it, but it makes it hard to feel sorry for them. They may not provide research or anything useful to the community (but what do movies and actors do? atheletes? How are they any different? Where you are literally allowed to sit down and play with these people in their professional field. There's no way you would be able to put on some ice skates and join the Washington Capitals during their hockey season. They just won't allow it. Poker is a game where you can play with famous people in their choice of profession. It is similar to daytrading in the sense you are working at home. But you cant compete with a high class day trader in a social atmosphere like poker.
Firstly, <3 all the hate. These forums are awesome.
Second, I don't think you are making a fair comparison. The stars who are providing entertainment to the masses, Phil Ivey, Tom Dwan, etc. etc., even probably lesser known people like Isildur, luckychewie, balugawhale, etc. are not going broke over this. Phil Ivey probably loses more money playing craps than he is losing from this shit. The people whose "lives are being ruined" are random people who grind 30k a year. They're not entertaining anyone.
It's unfortunate that they're going to lose their bankroll, but it is also unfortunate that they felt that poker was their best way to make a living, and it's probably for the better that they're forced to do something else.
Also, comparing poker to day trading isn't really accurate. The stock market (at least in theory) provides a legitimate service to businesses, unlike poker.
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On April 16 2011 11:26 PJA wrote:Show nested quote +On April 16 2011 11:04 CaucasianAsian wrote:On April 16 2011 10:55 PJA wrote:On April 16 2011 10:50 jeparie wrote:On April 16 2011 10:45 Hatsu wrote:On April 16 2011 10:41 jeparie wrote:On April 16 2011 10:36 Hatsu wrote: Yes, indeed it is. But living off something like that entails a certain risk. As I said I sympathize on a personal level, but what is happening is not unfair to them or anything, it is simply a pretty good lesson. It might be a good time to look at other career opportunities, especially for those with a decent amount of money (I have a feeling good poker players might be good traders too).
You do realize that there are people that could be losing 5 and 6 figures here. That's hardly "a pretty good lesson." That is the very definition of a "pretty good lesson", in fact. You're confusing "a pretty good lesson" with "absolutely ridiculous punishment for people that didn't do anything wrong." Also "ruining lives" in some cases. It is absolutely ridiculous, and definitely ruining some people's lives. But the people whose lives are being ruined weren't doing anything productive for society. Not saying they deserved it, but it makes it hard to feel sorry for them. They may not provide research or anything useful to the community (but what do movies and actors do? atheletes? How are they any different? Where you are literally allowed to sit down and play with these people in their professional field. There's no way you would be able to put on some ice skates and join the Washington Capitals during their hockey season. They just won't allow it. Poker is a game where you can play with famous people in their choice of profession. It is similar to daytrading in the sense you are working at home. But you cant compete with a high class day trader in a social atmosphere like poker. Firstly, <3 all the hate. These forums are awesome. Second, I don't think you are making a fair comparison. The stars who are providing entertainment to the masses, Phil Ivey, Tom Dwan, etc. etc., even probably lesser known people like Isildur, luckychewie, balugawhale, etc. are not going broke over this. Phil Ivey probably loses more money playing craps than he is losing from this shit. The people whose "lives are being ruined" are random people who grind 30k a year. They're not entertaining anyone. It's unfortunate that they're going to lose their bankroll, but it is also unfortunate that they felt that poker was their best way to make a living, and it's probably for the better that they're forced to do something else. Also, comparing poker to day trading isn't really accurate. The stock market (at least in theory) provides a legitimate service to businesses, unlike poker. When people play poker some of their money goes to the sites, the sites have employees. The money the poker players play with is helping people stay in work. Please tell me how that doesn't help society?
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On April 16 2011 11:26 PJA wrote:Show nested quote +On April 16 2011 11:04 CaucasianAsian wrote:On April 16 2011 10:55 PJA wrote:On April 16 2011 10:50 jeparie wrote:On April 16 2011 10:45 Hatsu wrote:On April 16 2011 10:41 jeparie wrote:On April 16 2011 10:36 Hatsu wrote: Yes, indeed it is. But living off something like that entails a certain risk. As I said I sympathize on a personal level, but what is happening is not unfair to them or anything, it is simply a pretty good lesson. It might be a good time to look at other career opportunities, especially for those with a decent amount of money (I have a feeling good poker players might be good traders too).
You do realize that there are people that could be losing 5 and 6 figures here. That's hardly "a pretty good lesson." That is the very definition of a "pretty good lesson", in fact. You're confusing "a pretty good lesson" with "absolutely ridiculous punishment for people that didn't do anything wrong." Also "ruining lives" in some cases. It is absolutely ridiculous, and definitely ruining some people's lives. But the people whose lives are being ruined weren't doing anything productive for society. Not saying they deserved it, but it makes it hard to feel sorry for them. They may not provide research or anything useful to the community (but what do movies and actors do? atheletes? How are they any different? Where you are literally allowed to sit down and play with these people in their professional field. There's no way you would be able to put on some ice skates and join the Washington Capitals during their hockey season. They just won't allow it. Poker is a game where you can play with famous people in their choice of profession. It is similar to daytrading in the sense you are working at home. But you cant compete with a high class day trader in a social atmosphere like poker. Firstly, <3 all the hate. These forums are awesome. Second, I don't think you are making a fair comparison. The stars who are providing entertainment to the masses, Phil Ivey, Tom Dwan, etc. etc., even probably lesser known people like Isildur, luckychewie, balugawhale, etc. are not going broke over this. Phil Ivey probably loses more money playing craps than he is losing from this shit. The people whose "lives are being ruined" are random people who grind 30k a year. They're not entertaining anyone. It's unfortunate that they're going to lose their bankroll, but it is also unfortunate that they felt that poker was their best way to make a living, and it's probably for the better that they're forced to do something else. Also, comparing poker to day trading isn't really accurate. The stock market (at least in theory) provides a legitimate service to businesses, unlike poker.
That's bullshit. Random grinders provide entertaiment aswell when you play against them. U don't have any chance to play most known guys unless u have tons of cash or u are really good/lucky at poker and won some random event.
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On April 16 2011 11:26 PJA wrote:Show nested quote +On April 16 2011 11:04 CaucasianAsian wrote:On April 16 2011 10:55 PJA wrote:On April 16 2011 10:50 jeparie wrote:On April 16 2011 10:45 Hatsu wrote:On April 16 2011 10:41 jeparie wrote:On April 16 2011 10:36 Hatsu wrote: Yes, indeed it is. But living off something like that entails a certain risk. As I said I sympathize on a personal level, but what is happening is not unfair to them or anything, it is simply a pretty good lesson. It might be a good time to look at other career opportunities, especially for those with a decent amount of money (I have a feeling good poker players might be good traders too).
You do realize that there are people that could be losing 5 and 6 figures here. That's hardly "a pretty good lesson." That is the very definition of a "pretty good lesson", in fact. You're confusing "a pretty good lesson" with "absolutely ridiculous punishment for people that didn't do anything wrong." Also "ruining lives" in some cases. It is absolutely ridiculous, and definitely ruining some people's lives. But the people whose lives are being ruined weren't doing anything productive for society. Not saying they deserved it, but it makes it hard to feel sorry for them. They may not provide research or anything useful to the community (but what do movies and actors do? atheletes? How are they any different? Where you are literally allowed to sit down and play with these people in their professional field. There's no way you would be able to put on some ice skates and join the Washington Capitals during their hockey season. They just won't allow it. Poker is a game where you can play with famous people in their choice of profession. It is similar to daytrading in the sense you are working at home. But you cant compete with a high class day trader in a social atmosphere like poker. It's unfortunate that they're going to lose their bankroll, but it is also unfortunate that they felt that poker was their best way to make a living, and it's probably for the better that they're forced to do something else.
How does this make any sense at all?
If someone wants to grind out 30k a year at smallstakes, who are you to say that it's better that they're forced to do something else?
Why is it unfortunate that someone chooses poker as a way to make a living?
How is it any less legit than someone choosing baseball or basketball to make a living?
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United States4796 Posts
Websites work. Liquidpoker confirmed.
Ahh sadface.
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On April 16 2011 11:30 GoTuNk! wrote:Show nested quote +On April 16 2011 11:26 PJA wrote:On April 16 2011 11:04 CaucasianAsian wrote:On April 16 2011 10:55 PJA wrote:On April 16 2011 10:50 jeparie wrote:On April 16 2011 10:45 Hatsu wrote:On April 16 2011 10:41 jeparie wrote:On April 16 2011 10:36 Hatsu wrote: Yes, indeed it is. But living off something like that entails a certain risk. As I said I sympathize on a personal level, but what is happening is not unfair to them or anything, it is simply a pretty good lesson. It might be a good time to look at other career opportunities, especially for those with a decent amount of money (I have a feeling good poker players might be good traders too).
You do realize that there are people that could be losing 5 and 6 figures here. That's hardly "a pretty good lesson." That is the very definition of a "pretty good lesson", in fact. You're confusing "a pretty good lesson" with "absolutely ridiculous punishment for people that didn't do anything wrong." Also "ruining lives" in some cases. It is absolutely ridiculous, and definitely ruining some people's lives. But the people whose lives are being ruined weren't doing anything productive for society. Not saying they deserved it, but it makes it hard to feel sorry for them. They may not provide research or anything useful to the community (but what do movies and actors do? atheletes? How are they any different? Where you are literally allowed to sit down and play with these people in their professional field. There's no way you would be able to put on some ice skates and join the Washington Capitals during their hockey season. They just won't allow it. Poker is a game where you can play with famous people in their choice of profession. It is similar to daytrading in the sense you are working at home. But you cant compete with a high class day trader in a social atmosphere like poker. Firstly, <3 all the hate. These forums are awesome. Second, I don't think you are making a fair comparison. The stars who are providing entertainment to the masses, Phil Ivey, Tom Dwan, etc. etc., even probably lesser known people like Isildur, luckychewie, balugawhale, etc. are not going broke over this. Phil Ivey probably loses more money playing craps than he is losing from this shit. The people whose "lives are being ruined" are random people who grind 30k a year. They're not entertaining anyone. It's unfortunate that they're going to lose their bankroll, but it is also unfortunate that they felt that poker was their best way to make a living, and it's probably for the better that they're forced to do something else. Also, comparing poker to day trading isn't really accurate. The stock market (at least in theory) provides a legitimate service to businesses, unlike poker. That's bullshit. Random grinders provide entertaiment aswell when you play against them. U don't have any chance to play most known guys unless u have tons of cash or u are really good/lucky at poker and won some random event.
The stock market provides a legitimate service to businesses? Yes. So does poker.
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On April 16 2011 03:44 Modafinil wrote:Show nested quote +On April 16 2011 03:41 AngryLlama wrote: Hopefully this doesn't effect cashing out... Rent's coming up in two weeks... -____- Hate to say it but the money is gone. This is going to be huge. Billions of dollars just evaporated.
That's one way to help out a deficit.
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On April 16 2011 11:20 jeparie wrote:Show nested quote +On April 16 2011 11:14 applejuice wrote: the act of online gambling is illegal in the US, regardless of anything else.
This is false. I don't know where you got this information, but you are misinformed. Show nested quote + Anybody who plays poker is well aware of these facts (if you aren't, I doubt you were making any money playing poker anyway..lol).
This is also false.
Nobody was ever going to get into trouble playing online poker, whether it was illegal to play or not. The point is, you don't give your money to people with questionable "legality". Ya know? Because something like this happened.
Do you even play poker? You ever notice that they don't advertise the fact that you can play with real money? It's explicitly stated in every poker advertisement: "This is not a gambling website. You play with fake money." HMMMMm. I think maybe they are a little concerned about the legality of it, don'tchathink?
And you are willing going to give your money to someone who advertises their business like that? LOL. Yeah, goodbye $$$$. What's that saying ..about a fool and his money?
Oh, but right. "This is false. I don't know where you got this information, but you are misinformed."
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On April 16 2011 11:26 PJA wrote:Show nested quote +On April 16 2011 11:04 CaucasianAsian wrote:On April 16 2011 10:55 PJA wrote:On April 16 2011 10:50 jeparie wrote:On April 16 2011 10:45 Hatsu wrote:On April 16 2011 10:41 jeparie wrote:On April 16 2011 10:36 Hatsu wrote: Yes, indeed it is. But living off something like that entails a certain risk. As I said I sympathize on a personal level, but what is happening is not unfair to them or anything, it is simply a pretty good lesson. It might be a good time to look at other career opportunities, especially for those with a decent amount of money (I have a feeling good poker players might be good traders too).
You do realize that there are people that could be losing 5 and 6 figures here. That's hardly "a pretty good lesson." That is the very definition of a "pretty good lesson", in fact. You're confusing "a pretty good lesson" with "absolutely ridiculous punishment for people that didn't do anything wrong." Also "ruining lives" in some cases. It is absolutely ridiculous, and definitely ruining some people's lives. But the people whose lives are being ruined weren't doing anything productive for society. Not saying they deserved it, but it makes it hard to feel sorry for them. They may not provide research or anything useful to the community (but what do movies and actors do? atheletes? How are they any different? Where you are literally allowed to sit down and play with these people in their professional field. There's no way you would be able to put on some ice skates and join the Washington Capitals during their hockey season. They just won't allow it. Poker is a game where you can play with famous people in their choice of profession. It is similar to daytrading in the sense you are working at home. But you cant compete with a high class day trader in a social atmosphere like poker. Firstly, <3 all the hate. These forums are awesome. Second, I don't think you are making a fair comparison. The stars who are providing entertainment to the masses, Phil Ivey, Tom Dwan, etc. etc., even probably lesser known people like Isildur, luckychewie, balugawhale, etc. are not going broke over this. Phil Ivey probably loses more money playing craps than he is losing from this shit. The people whose "lives are being ruined" are random people who grind 30k a year. They're not entertaining anyone. It's unfortunate that they're going to lose their bankroll, but it is also unfortunate that they felt that poker was their best way to make a living, and it's probably for the better that they're forced to do something else. Also, comparing poker to day trading isn't really accurate. The stock market (at least in theory) provides a legitimate service to businesses, unlike poker. The bottom line is this: you either believe each individual has a fundamental right to his life and his property and to do whatever he sees fit with either, or you do not. You, apparently, do not.
Edited for grammar.
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Isnt Pokerstars ROOT's sponsor?
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On April 16 2011 11:37 anonmice wrote: Isnt Pokerstars ROOT's sponsor? yeah
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If a poker player plays in europe does the US governemnt get a cut of that prize pool? It's not a US winning so what would it count as?
The problem is this case will go on for years in court and will in all probability fall there are issues such as you are a US citizen and play in A European Server, Or how about if you win 100k one tournament and lose 100k in another, you actually lost more because in the US your winnings are taxed not your losses.
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On April 16 2011 11:35 applejuice wrote:Show nested quote +On April 16 2011 11:20 jeparie wrote:On April 16 2011 11:14 applejuice wrote: the act of online gambling is illegal in the US, regardless of anything else.
This is false. I don't know where you got this information, but you are misinformed. Anybody who plays poker is well aware of these facts (if you aren't, I doubt you were making any money playing poker anyway..lol).
This is also false. Nobody was ever going to get into trouble playing online poker, whether it was illegal to play or not. The point is, you don't give your money to people with questionable "legality". Ya know? Because something like this happened. Do you even play poker? You ever notice that they don't advertise the fact that you can play with real money? It's explicitly stated in every poker advertisement: "This is not a gambling website. You play with fake money." HMMMMm. I think maybe they are a little concerned about the legality of it, don'tchathink? And you are willing going to give your money to someone who advertises their business like that? LOL. Yeah, goodbye $$$$. What's that saying ..about a fool and his money? Oh, but right. "This is false. I don't know where you got this information, but you are misinformed."
There was never anything questionably legal about Pokerstars or FT.
They absolutely advertise everywhere that you can play with real money on their sites. Don't tell me you've never seen those ridiculous "I call your $600 and match you another $600 deposit bonus blah blah" ads with Phil Ivey? Do you even play poker, sir?
A fool and his money? If you say so, but honestly, you're coming across as the fool here.
Maybe you should do a little research into these sites before making generalized statements about "legality" and such.
Also, try not to forget that for the hundreds of thousands of European players, there was never anything illegal about Stars or FT. Nothing, not a single thing. Not even the payment processing, which is what this whole thing is about.
Again, try reading before posting pls
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On April 16 2011 11:35 Ingenol wrote:Show nested quote +On April 16 2011 11:26 PJA wrote:On April 16 2011 11:04 CaucasianAsian wrote:On April 16 2011 10:55 PJA wrote:On April 16 2011 10:50 jeparie wrote:On April 16 2011 10:45 Hatsu wrote:On April 16 2011 10:41 jeparie wrote:On April 16 2011 10:36 Hatsu wrote: Yes, indeed it is. But living off something like that entails a certain risk. As I said I sympathize on a personal level, but what is happening is not unfair to them or anything, it is simply a pretty good lesson. It might be a good time to look at other career opportunities, especially for those with a decent amount of money (I have a feeling good poker players might be good traders too).
You do realize that there are people that could be losing 5 and 6 figures here. That's hardly "a pretty good lesson." That is the very definition of a "pretty good lesson", in fact. You're confusing "a pretty good lesson" with "absolutely ridiculous punishment for people that didn't do anything wrong." Also "ruining lives" in some cases. It is absolutely ridiculous, and definitely ruining some people's lives. But the people whose lives are being ruined weren't doing anything productive for society. Not saying they deserved it, but it makes it hard to feel sorry for them. They may not provide research or anything useful to the community (but what do movies and actors do? atheletes? How are they any different? Where you are literally allowed to sit down and play with these people in their professional field. There's no way you would be able to put on some ice skates and join the Washington Capitals during their hockey season. They just won't allow it. Poker is a game where you can play with famous people in their choice of profession. It is similar to daytrading in the sense you are working at home. But you cant compete with a high class day trader in a social atmosphere like poker. Firstly, <3 all the hate. These forums are awesome. Second, I don't think you are making a fair comparison. The stars who are providing entertainment to the masses, Phil Ivey, Tom Dwan, etc. etc., even probably lesser known people like Isildur, luckychewie, balugawhale, etc. are not going broke over this. Phil Ivey probably loses more money playing craps than he is losing from this shit. The people whose "lives are being ruined" are random people who grind 30k a year. They're not entertaining anyone. It's unfortunate that they're going to lose their bankroll, but it is also unfortunate that they felt that poker was their best way to make a living, and it's probably for the better that they're forced to do something else. Also, comparing poker to day trading isn't really accurate. The stock market (at least in theory) provides a legitimate service to businesses, unlike poker. The bottom line is this: you either believe each individual has a fundamental right to his life and his property and to do whatever he sees fit with either, or you do not. You, apparently, do not. Edited for grammar.
You misunderstand.
I agree that people have a fundamental right to do what they want with their property.
I also have a fundamental right to think less of them if they play poker for a living rather than do something more productive.
Just because I think that people should be allowed to do what they want doesn't mean that I will hold the same opinion of everyone regardless of the choices they make.
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Ouch, I enjoyed playing poker on both pokerstars and full tilt..oh well!
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I hope we get a story from rekrul about this
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Sucks. Friend was a recreational player and had 4k left on there. Hopefully he can withdraw it somehow...
On April 16 2011 11:45 PJA wrote:I also have a fundamental right to think less of them if they play poker for a living rather than do something more productive.
Bigot ITT.
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On April 16 2011 11:45 PJA wrote:Show nested quote +On April 16 2011 11:35 Ingenol wrote:On April 16 2011 11:26 PJA wrote:On April 16 2011 11:04 CaucasianAsian wrote:On April 16 2011 10:55 PJA wrote:On April 16 2011 10:50 jeparie wrote:On April 16 2011 10:45 Hatsu wrote:On April 16 2011 10:41 jeparie wrote:On April 16 2011 10:36 Hatsu wrote: Yes, indeed it is. But living off something like that entails a certain risk. As I said I sympathize on a personal level, but what is happening is not unfair to them or anything, it is simply a pretty good lesson. It might be a good time to look at other career opportunities, especially for those with a decent amount of money (I have a feeling good poker players might be good traders too).
You do realize that there are people that could be losing 5 and 6 figures here. That's hardly "a pretty good lesson." That is the very definition of a "pretty good lesson", in fact. You're confusing "a pretty good lesson" with "absolutely ridiculous punishment for people that didn't do anything wrong." Also "ruining lives" in some cases. It is absolutely ridiculous, and definitely ruining some people's lives. But the people whose lives are being ruined weren't doing anything productive for society. Not saying they deserved it, but it makes it hard to feel sorry for them. They may not provide research or anything useful to the community (but what do movies and actors do? atheletes? How are they any different? Where you are literally allowed to sit down and play with these people in their professional field. There's no way you would be able to put on some ice skates and join the Washington Capitals during their hockey season. They just won't allow it. Poker is a game where you can play with famous people in their choice of profession. It is similar to daytrading in the sense you are working at home. But you cant compete with a high class day trader in a social atmosphere like poker. Firstly, <3 all the hate. These forums are awesome. Second, I don't think you are making a fair comparison. The stars who are providing entertainment to the masses, Phil Ivey, Tom Dwan, etc. etc., even probably lesser known people like Isildur, luckychewie, balugawhale, etc. are not going broke over this. Phil Ivey probably loses more money playing craps than he is losing from this shit. The people whose "lives are being ruined" are random people who grind 30k a year. They're not entertaining anyone. It's unfortunate that they're going to lose their bankroll, but it is also unfortunate that they felt that poker was their best way to make a living, and it's probably for the better that they're forced to do something else. Also, comparing poker to day trading isn't really accurate. The stock market (at least in theory) provides a legitimate service to businesses, unlike poker. The bottom line is this: you either believe each individual has a fundamental right to his life and his property and to do whatever he sees fit with either, or you do not. You, apparently, do not. Edited for grammar. You misunderstand. I agree that people have a fundamental right to do what they want with their property. I also have a fundamental right to think less of them if they play poker for a living rather than do something more productive. Just because I think that people should be allowed to do what they want doesn't mean that I will hold the same opinion of everyone regardless of the choices they make. Absolutely, but if you do believe they have that right, then you should be outraged that it is being denied them.
It's the same reason bans on smoking in private establishments outrage me, even though I abhor smoking and would prefer a smoke-free bar.
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On April 16 2011 11:55 Ingenol wrote:Show nested quote +On April 16 2011 11:45 PJA wrote:On April 16 2011 11:35 Ingenol wrote:On April 16 2011 11:26 PJA wrote:On April 16 2011 11:04 CaucasianAsian wrote:On April 16 2011 10:55 PJA wrote:On April 16 2011 10:50 jeparie wrote:On April 16 2011 10:45 Hatsu wrote:On April 16 2011 10:41 jeparie wrote:On April 16 2011 10:36 Hatsu wrote: Yes, indeed it is. But living off something like that entails a certain risk. As I said I sympathize on a personal level, but what is happening is not unfair to them or anything, it is simply a pretty good lesson. It might be a good time to look at other career opportunities, especially for those with a decent amount of money (I have a feeling good poker players might be good traders too).
You do realize that there are people that could be losing 5 and 6 figures here. That's hardly "a pretty good lesson." That is the very definition of a "pretty good lesson", in fact. You're confusing "a pretty good lesson" with "absolutely ridiculous punishment for people that didn't do anything wrong." Also "ruining lives" in some cases. It is absolutely ridiculous, and definitely ruining some people's lives. But the people whose lives are being ruined weren't doing anything productive for society. Not saying they deserved it, but it makes it hard to feel sorry for them. They may not provide research or anything useful to the community (but what do movies and actors do? atheletes? How are they any different? Where you are literally allowed to sit down and play with these people in their professional field. There's no way you would be able to put on some ice skates and join the Washington Capitals during their hockey season. They just won't allow it. Poker is a game where you can play with famous people in their choice of profession. It is similar to daytrading in the sense you are working at home. But you cant compete with a high class day trader in a social atmosphere like poker. Firstly, <3 all the hate. These forums are awesome. Second, I don't think you are making a fair comparison. The stars who are providing entertainment to the masses, Phil Ivey, Tom Dwan, etc. etc., even probably lesser known people like Isildur, luckychewie, balugawhale, etc. are not going broke over this. Phil Ivey probably loses more money playing craps than he is losing from this shit. The people whose "lives are being ruined" are random people who grind 30k a year. They're not entertaining anyone. It's unfortunate that they're going to lose their bankroll, but it is also unfortunate that they felt that poker was their best way to make a living, and it's probably for the better that they're forced to do something else. Also, comparing poker to day trading isn't really accurate. The stock market (at least in theory) provides a legitimate service to businesses, unlike poker. The bottom line is this: you either believe each individual has a fundamental right to his life and his property and to do whatever he sees fit with either, or you do not. You, apparently, do not. Edited for grammar. You misunderstand. I agree that people have a fundamental right to do what they want with their property. I also have a fundamental right to think less of them if they play poker for a living rather than do something more productive. Just because I think that people should be allowed to do what they want doesn't mean that I will hold the same opinion of everyone regardless of the choices they make. Absolutely, but if you do believe they have that right, then you should be outraged that it is being denied them. It's the same reason bans on smoking in private establishments outrage me, even though I abhor smoking and would prefer a smoke-free bar.
Except the two cases aren't even remotely similar. The poker sites are being seized for blatantly lying about their activities to banks, and probably avoiding taxes and other charges in the process.
If anything, poker players should be pissed off at the shady business model used by poker sites, not the government.
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