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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 17 2011 13:03 teamsolid wrote:Show nested quote +On April 16 2011 04:21 Modafinil wrote:On April 16 2011 04:15 Wohmfg wrote:On April 16 2011 04:07 StarStruck wrote:
It's just one of the risks you take by doing it. :/ No it really isn't. Don't make it sound like it's the poker players' fault for losing the money. This is not something anyone could have ever foreseen. Ever. There were maybe like a few thousand people in the whole world who knew what was going on. Say you get struck by a meteor playing golf. That is not one of the risks of playing golf. I think I just lost my £400 for my euro trip then.  While I sympathize with the players who lost money, I think "meteor while playing golf" is a bit over-dramatic. The fact is online poker has always been a grey area, whether it was the passage of the UIGEA in 2006 or just the sites themselves having problems with cheating and shills. A lot of you are probably too young to remember this but online poker has been on the government's radar for almost a decade. It was always a question of WHEN the "meteor" would hit, not IF. That said there was no telling when. It sucks that it happened now, but it was inevitable. Online gambling is only a gray area in the US. Pretty sure it's legal anywhere else in the world.
Pretty sure it's not.
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I don't think I can cash out on fulltilt right now. Can anyone confirm this? I'm kind of worried
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Yeah if you're in the US you can't withdraw funds on FTP right now. They claim the money is safe ofc though... whether it is or not who knows.
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MURICA15980 Posts
On April 17 2011 12:00 Kaal wrote:
For anyone with a current, verified Western Union account,
WESTERN UNION IS WORKING TO WITHDRAW.
I managed to get my 90 day limit withdrawn and confirmed. It took 24 hours.
Anybody else confirm this?
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On April 17 2011 15:13 Klogon wrote:Show nested quote +On April 17 2011 12:00 Kaal wrote:
For anyone with a current, verified Western Union account,
WESTERN UNION IS WORKING TO WITHDRAW.
I managed to get my 90 day limit withdrawn and confirmed. It took 24 hours. Anybody else confirm this?
most u.s players cant get past the cashier, it wont load the withdraw menu. so not sure how you are able to withdraw
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I disagree with what the US is doing. It is none of their business if one gambles, only if they don't pay taxes which is why this is coming about even though it is under the guise of people aren't responsible with money.
What will most likely happen.
Loopholes for certain people to get their money out.
Anyone from the US is screwed most likely in all situations because you were breaking the law.
Other countries if the US can get hold of the poker site's money will be able to cash out.
So fucking sad that this is one of the US's concerns with all the other shit we're dealing with.
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On April 17 2011 13:03 teamsolid wrote:Show nested quote +On April 16 2011 04:21 Modafinil wrote:On April 16 2011 04:15 Wohmfg wrote:On April 16 2011 04:07 StarStruck wrote:
It's just one of the risks you take by doing it. :/ No it really isn't. Don't make it sound like it's the poker players' fault for losing the money. This is not something anyone could have ever foreseen. Ever. There were maybe like a few thousand people in the whole world who knew what was going on. Say you get struck by a meteor playing golf. That is not one of the risks of playing golf. I think I just lost my £400 for my euro trip then. While I sympathize with the players who lost money, I think "meteor while playing golf" is a bit over-dramatic. The fact is online poker has always been a grey area, whether it was the passage of the UIGEA in 2006 or just the sites themselves having problems with cheating and shills. A lot of you are probably too young to remember this but online poker has been on the government's radar for almost a decade. It was always a question of WHEN the "meteor" would hit, not IF. That said there was no telling when. It sucks that it happened now, but it was inevitable. Online gambling is only a gray area in the US. Pretty sure it's legal anywhere else in the world.
Example from Germany: lotteries are run by the state. There are a few casinos with a license for gambling. Betting offices need a license. For the licenses there needs to be some kind of proof that minors are protected and I guess there are some rules to do something about gambling addiction.
I remember PartyPoker at first accepted German customers and then for a few years stopped it, because they were notified that poker counts as gambling and they may not accept German customers without a German license. At that time only the special companies that were already running the "offline" casinos could get a license for that. I think I remember PartyPoker only got a license after regulations were changed, possibly because of the EU.
Before regulations were changed to encompass online stuff, it was absolutely a gray area.
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On April 17 2011 11:06 KwarK wrote:Show nested quote +On April 17 2011 10:22 L wrote:Poker is considerably less risky than pretty much everything else you do in life because its just a game. Some people play above their limits but equally some people refuse to wear seatbelts, end of the day you can't force people to make smart choices. Pretty sure safety belt wearing, car seats and a number of other safety based regulations do indeed exist and aren't being decried as mass government overreach. But they don't make it illegal to drive just because some people don't wear seatbelts. That's the point.
They kinda do, in Washington its a 1st offense or whatever so they can pull you over for it, and just it. So the can effectively harras you indefinitely or until you have enough tickets that they pull your license....
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Well all this will do is create a massive black market for 'underground' poker. I'm sure, that'll be much better for the safety and well-being of consumer's than playing on the internet.
If this is a major issue for you --
http://theppa.org/tag/ron-paul/
The only politician to get an A+ from the Poker Players Alliance -- Ron Paul.
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I have my entire roll (3k+) stuck online. poker accounts for 75% of my income (i work full time as a line cook). i am basically completely screwed as i cannot support my lifestyle without poker. I am backed for all my play and thus do not have alot of my own money. However 3k is about 4 months of bills
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This is pure bullshit. Politics and economy should never mix.
Politics creates problems that wouldn't exists just for their own image.
It is easier to improve your popularity with simple concept of "this is bad, this is good" than it is with real work (Not saying they are not also doing the real work).
It is also bullshit that FBI can block a website of a non-US company. They should be able to do so only for the internet user of the USA or internationally for website of .us not .com...
Now, one thing I am pretty sure, is that money of US players will be safe, incomes not .
It is essential for the poker sites integrity that they get the money to their clients no matter what, even if they have penal attack on US ground. The people running the website risk to be banned from USA for the rest of their life but that's about it. No country will probably send them to US for such accusation when you see how hard it is to get a rapist or a killer.
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On April 17 2011 18:12 0x64 wrote:This is pure bullshit. Politics and economy should never mix. Politics creates problems that wouldn't exists just for their own image. It is easier to improve your popularity with simple concept of "this is bad, this is good" than it is with real work (Not saying they are not also doing the real work). It is also bullshit that FBI can block a website of a non-US company. They should be able to do so only for the internet user of the USA or internationally for website of .us not .com... Now, one thing I am pretty sure, is that money of US players will be safe, incomes not . It is essential for the poker sites integrity that they get the money to their clients no matter what, even if they have penal attack on US ground. The people running the website risk to be banned from USA for the rest of their life but that's about it. No country will probably send them to US for such accusation when you see how hard it is to get a rapist or a killer.
I doubt that those who have had their money seized will get it back. Just take a look at the Liberty Dollar and all the millions of dollars stolen by the Government. I would not bank on getting that money back.
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Why is pokerstrategy blocked in the US then? If it isn't a gambling website it shouldn't be banned correct? Poker on the whole isn't illegal nor is gaining a strategy about playing.
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On April 17 2011 18:35 NoobSkills wrote:
Why is pokerstrategy blocked in the US then? If it isn't a gambling website it shouldn't be banned correct? Poker on the whole isn't illegal nor is gaining a strategy about playing.
Actually in many States poker is illegal. It's just another case of the lawlessness of Government. Just look at this for example: http://www.wsgc.wa.gov/newsletters/5-228.pdf
Now, guess who conducts gambling? The State of Washington (You'll find that the Government generally likes to exclude itself from the laws it writes for the rest of us).
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On April 17 2011 18:40 Wegandi wrote:Show nested quote +On April 17 2011 18:35 NoobSkills wrote:
Why is pokerstrategy blocked in the US then? If it isn't a gambling website it shouldn't be banned correct? Poker on the whole isn't illegal nor is gaining a strategy about playing. Actually in many States poker is illegal. It's just another case of the lawlessness of Government. Just look at this for example: http://www.wsgc.wa.gov/newsletters/5-228.pdfNow, guess who conducts gambling? The State of Washington.
That went beyond my point. That knowing about poker isn't illegal aka the strategy website. All state have lotteries which have shit chances and all luck. They reap benefits while prevent people who actually have a brain and realize that playing the lottery is stupid from playing poker.
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Oh man, i wasn't that much of a pokerplayer, i played sometimes on pokerstars for fun with small amounts (125dollar my account had) but "thankfully" i lost it all on a losing spree haha otherwise my money would have been gone now.
But this is fucking huge, i know tons of players who play there with different amounts, and they basically just all lost their money.
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On April 16 2011 04:15 Wohmfg wrote:Show nested quote +On April 16 2011 04:07 StarStruck wrote:
It's just one of the risks you take by doing it. :/ No it really isn't. Don't make it sound like it's the poker players' fault for losing the money. This is not something anyone could have ever foreseen. Ever. There were maybe like a few thousand people in the whole world who knew what was going on. Say you get struck by a meteor playing golf. That is not one of the risks of playing golf.I think I just lost my £400 for my euro trip then.
Omg man, can't stop laughing :D:D:D
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Loling at all the people saying "damn gubnamint gettin involved with economies~~!!"
This has nothing to do with economy, it's about law and regulation. While it obviously screws the people who have open accounts on there, it's not like the US government will just take all the money if they find them guilty. You guys are aware what happens when a company goes bankrupt, right? All assets are liquified, and then all creditors are paid out. And while the bigger ones usually get the bigger shares, these companies should be able to meet their debts almost entirely when liquified, considering most of their assets are probably just internet servers and bank accounts. You'd have to look at their balance sheet to be sure. They might even see large fines or jail times, but that'll be on the head of the CEO for gross mismanagement(fraud/illegal business conduct falls under this), allowing the assets of the company to still be turned into liquidity so any outstanding debts can be paid out.
Either way, while the money is frozen now, no one is stealing it from you. You'll probably get a large part - if not all of it - right back.
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On April 17 2011 20:18 HoldenR wrote:
Loling at all the people saying "damn gubnamint gettin involved with economies~~!!"
This has nothing to do with economy, it's about law and regulation. While it obviously screws the people who have open accounts on there, it's not like the US government will just take all the money if they find them guilty. You guys are aware what happens when a company goes bankrupt, right? All assets are liquified, and then all creditors are paid out. And while the bigger ones usually get the bigger shares, these companies should be able to meet their debts almost entirely when liquified, considering most of their assets are probably just internet servers and bank accounts. You'd have to look at their balance sheet to be sure. They might even see large fines or jail times, but that'll be on the head of the CEO for gross mismanagement(fraud/illegal business conduct falls under this), allowing the assets of the company to still be turned into liquidity so any outstanding debts can be paid out.
Either way, while the money is frozen now, no one is stealing it from you. You'll probably get a large part - if not all of it - right back.
More than likely, the Government will keep the assets as forfeiture for illegal activity. Do they give the investors in any other illegal activity their money back? No. They seize it (aka steal it). I know I am not getting my assets back that were stolen from me by the Government when they illegally confiscated and shut down the Liberty Dollar. Also, I fail to see how a multi-billion dollar industry has *nothing* to do with the economy.
Your post was a giant non-sequitor considering these enterprises are not going bankrupt, they are getting raided & seized for illegal activity.
For all those who had their property stolen, do not expect it back, as it most likely will not be returned.
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EPT
