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Feds cracking down on online poker..? - Page 32

Forum Index > General Forum
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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.
MezmerizePLZ
Profile Joined April 2009
United States30 Posts
April 16 2011 11:14 GMT
#621
As a pro poker player for 5 years about to write a 65k check to the gov for 2010 taxes all I can say is LandOTheFree
Phenny
Profile Joined October 2010
Australia1435 Posts
April 16 2011 11:15 GMT
#622
Ugh gambling legalities, now there's an issue of high importance/significance >.<

God damn so many batshit insane arbitrary laws, so retarded.
BMM
Profile Joined January 2011
United Kingdom50 Posts
Last Edited: 2011-04-16 11:18:16
April 16 2011 11:16 GMT
#623
your safe if you live outside of the US from what i've heard! stars have confirmed

[image loading]
"Show me the money"
MezmerizePLZ
Profile Joined April 2009
United States30 Posts
April 16 2011 11:25 GMT
#624
ALSO,
THEY TOOK OUR JERBS LOL

also LOL at Consolidate. 'Cause I'm sure I'm wasting my time not contributing to society by going to school and getting in debt for a job that I'll make 50k a year at instead of making 300k a year instantly. Yea son, take my money cuz i'm making a financially irresponsible decision ROFL.
MrTortoise
Profile Joined January 2011
1388 Posts
April 16 2011 11:43 GMT
#625
All gambling is is investing money with a probability of a return of some uncertain amount.


YOU GAMBLE EVERYTIME YOU BUY BREAD.

any form of transaction with uncertantity is gambling

due to heisenbergs uncertainty principle EVERYTHING is gambling and has to be tret using probability.

This happened at the turn of the 1900's

I hope you enjoyed your history and maths lesson.

Now can the right wing religious folken with their moral high ground please go and live in another country for a significant period of time.
vizir
Profile Joined August 2010
Finland154 Posts
April 16 2011 11:44 GMT
#626
Sad day for online poker

Hopefully a lot new potential sc2 players inc? ^^
iPlaY.NettleS
Profile Blog Joined June 2010
Australia4350 Posts
April 16 2011 11:46 GMT
#627
On April 16 2011 20:43 MrTortoise wrote:
Now can the right wing religious folken with their moral high ground please go and live in another country for a significant period of time.

You realise this is nothing to do with right wing religious nuts and everything to do with the US governments intention of eventually making the internet in the USA more like the Chinese internet right?
https://www.youtube.com/watch?v=e7PvoI6gvQs
KwarK
Profile Blog Joined July 2006
United States43188 Posts
April 16 2011 11:48 GMT
#628
On April 16 2011 18:31 BrTarolg wrote:
Even though PokerStr is sponsoring TSL3, the money could be escrowed in a now locked or frozen acc

Pokerstrategy.com is the TSL3 sponsor, a training and educational site that does no gambling.
ModeratorThe angels have the phone box
KiF1rE
Profile Blog Joined November 2009
United States964 Posts
April 16 2011 12:49 GMT
#629
On April 16 2011 20:48 KwarK wrote:
Show nested quote +
On April 16 2011 18:31 BrTarolg wrote:
Even though PokerStr is sponsoring TSL3, the money could be escrowed in a now locked or frozen acc

Pokerstrategy.com is the TSL3 sponsor, a training and educational site that does no gambling.


can i suggest a mod just edit that into the op, seeing as it was posted almost every page now, and this thread is becoming a bit confusing of a read.

On April 16 2011 19:53 switchdev wrote:
Is there any risk for legal action towards the players?

From that FBI poster:
"For the persons engaged in the business of betting or wagering, it is also a federal crime to knowingly accept, in connection with the participation of another person in unlawful Internet gambling, credit, electronic fund transfers, or checks."

I'm not into all the legal mumbo jumbo, but doesn't that sound like they're saying the players (within their jurisdiction) are on their radar too? I haven't seen this discussed yet in this thread.


from the sounds of that poster i would say yes. only time will tell really, but i was never aware of any law pertaining to internet poker or games of skill. in some areas of the US it was already proven in court to be a game of a skill. Though i wouldnt worry about this to much until the big case involving the sites is actually done.
KwarK
Profile Blog Joined July 2006
United States43188 Posts
April 16 2011 12:50 GMT
#630
On April 16 2011 18:38 ZeGzoR wrote:
Lets say the poker sites are brought back up again. You cant rly think that the sites have the available funds to pay out when everyone is trying to withdraw their bank rolls because of fear of losing the money. It will be the 1930s depression all over again, every player rushing to get their money out again.

Actually yes, they do. Legit poker sites keep deposits separate from their own funds.
ModeratorThe angels have the phone box
Hatsu
Profile Joined March 2010
United Kingdom474 Posts
April 16 2011 13:19 GMT
#631
On April 16 2011 21:50 KwarK wrote:
Show nested quote +
On April 16 2011 18:38 ZeGzoR wrote:
Lets say the poker sites are brought back up again. You cant rly think that the sites have the available funds to pay out when everyone is trying to withdraw their bank rolls because of fear of losing the money. It will be the 1930s depression all over again, every player rushing to get their money out again.

Actually yes, they do. Legit poker sites keep deposits separate from their own funds.


Yes but let's take pokerstars for example. They claim to keep customers' money segregated and handled by a third party financial institution. But which institution is it? Where is it based? What kind of account is the money kept in? What are the terms between pokerstars and this institution? Are the accounts in customers' names?
Sedit qui timuit ne non succederet
Teejing
Profile Joined January 2009
Germany1360 Posts
Last Edited: 2011-04-16 13:27:25
April 16 2011 13:27 GMT
#632
pokersites are rich as fuck, always wondered why tl.net never started one...
Kar98
Profile Joined January 2011
Australia924 Posts
Last Edited: 2011-04-16 13:37:06
April 16 2011 13:36 GMT
#633
Just out of curiosity, Full Tilt Poker run a local tournament at my local pub ($10 buy in), with all these alegations going around and now I can't sign into Full Tilt Poker, does this mean that the local tournament will also be shut down?
CaucasianAsian
Profile Blog Joined September 2005
Korea (South)11584 Posts
April 16 2011 13:37 GMT
#634
On April 16 2011 22:36 Kar98 wrote:
Just out of curiosity, Full Tilt Poker run a local tournament at my local pub ($10 buy in), with all these alegations going around and now I can't sign into Full Tilt Poker, does this mean that the local tournament will also be shut down?


who knows. but if it's a local thing i think your fine. but don't be disappointed if it doesnt run
Calendar@ Fish Server: `iOps]..Stark
PhilGood2DaY
Profile Joined September 2005
Germany7424 Posts
April 16 2011 13:38 GMT
#635
online poker -/- real life tourneys

I mean WSOP is running for what now ? a few decades ?
hatred outlives the hateful
mprs
Profile Joined April 2010
Canada2933 Posts
April 16 2011 13:38 GMT
#636
On April 16 2011 20:16 BMM wrote:
your safe if you live outside of the US from what i've heard! stars have confirmed

[image loading]


on 2+2, a pokerstars community manager(?) also responded to a question regarding if this notice implies US player funds are also okay. The answer was yes.

Take it for what its worth.
We talkin about PRACTICE
Grettin
Profile Joined April 2010
42381 Posts
April 16 2011 13:52 GMT
#637
Anyone from Europe able to download fulltilts new update?
"If I had force-fields in Brood War, I'd never lose." -Bisu
Kalpman
Profile Joined April 2010
Sweden406 Posts
April 16 2011 14:07 GMT
#638
On April 16 2011 22:52 Grettin wrote:
Anyone from Europe able to download fulltilts new update?

I just tried, but no. Received an error
I've fought mudcrabs more fearsome than you!
Phaded
Profile Joined August 2010
Australia579 Posts
April 16 2011 14:19 GMT
#639
i went to fulltiltpoker.co.uk and downloaded the full client from their website. it updated the full tilt program to the latest version
I am down but I am far from over
Wohmfg
Profile Blog Joined January 2009
United Kingdom1292 Posts
April 16 2011 14:21 GMT
#640
The FullTilt update worked for me as per usual.
BW4Life!
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