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relyt
United States1073 Posts
On July 16 2011 14:21 Fighter wrote: Can you expand on this? I haven't watched poker in a while. I know FTP stands for Full Tilt Poker, but what's Black Friday and what happened? http://www.cnbc.com/id/42649117/Insider_Breakdown_Of_Poker_s_Black_Friday | ||
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-KarakStarcraft-
United States258 Posts
On July 16 2011 14:08 pjc623 wrote: The fact that they are doing this live and streaming online is so huge. What a good decision I can't imagine how much forums like 2+2 are loving this. The response was mixed on 2+2 at first, but NVG is eating it up right now. A lot of pro players weren't exactly thrilled with the decision. I think it's overall good for poker. | ||
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OneofDays
Canada58 Posts
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Wren
United States745 Posts
EDIT: beaten by a link  | ||
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DotADeMoN
United States517 Posts
On July 16 2011 14:21 Fighter wrote: Can you expand on this? I haven't watched poker in a while. I know FTP stands for Full Tilt Poker, but what's Black Friday and what happened? The big poker sites (Stars/FTP) got shut down by the Department of Justice and many American players got shafted and haven't been able to access their money. | ||
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Zlasher
United States9129 Posts
On July 16 2011 14:21 Fighter wrote: Can you expand on this? I haven't watched poker in a while. I know FTP stands for Full Tilt Poker, but what's Black Friday and what happened? department of justice seized certain bank accounts of poker sites, in short, online poker is no longer allowed in the US | ||
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pjc623
United States213 Posts
On July 16 2011 14:22 Karak wrote: The response was mixed on 2+2 at first, but NVG is eating it up right now. A lot of pro players weren't exactly thrilled with the decision. I think it's overall good for poker. Yeah must be nice for them to have something to rally behind. I cant imagine being your average 2+2'er after Black Friday. | ||
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daxile
Canada829 Posts
FTP/UB were sleazy and shady from the start, no1 knows what happened there. | ||
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eshlow
United States5210 Posts
On July 16 2011 14:21 Fighter wrote: Can you expand on this? I haven't watched poker in a while. I know FTP stands for Full Tilt Poker, but what's Black Friday and what happened? black friday = US department of justice froze assets of poker stars, full tilt, and ultimate bet of all US players. Pokerstars negotiated to get back player funds within a few weeks. Not sure about UB. Full tilt still hasn't gotten their US assets unfroze to return to players, and it was found out that they're assets aren't enough to cover all funds. Thus, they are in deep trouble, and their gambling license was suspended. European investors probably gonna buy them out.... But yeah a lot of pros have money on FTP and Ivey who is (or rather was) a FTP pro sued them in protest and is sitting out all of the WSOP events "for" the US players because they still haven't received their money. That's the general gist | ||
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nayumi
Australia6499 Posts
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Plutonik
Canada329 Posts
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ClysmiC
United States2192 Posts
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FryktSkyene
United States1327 Posts
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daxile
Canada829 Posts
http://www.justin.tv/wsop_2011#/w/1477853728/2 and read the stream chat On July 16 2011 14:28 ClysmiC wrote: Are there any good online poker sites left for US citizens? I'm kinda interested in playing some though. Idk if I'd wanna play for actual money though. Any good free ones? poker w/o money is pointless USA is in a sticky situation right now, no one knows whats going to happen. All the US grinders are pretty much praying to god that legislation of online gambling gets passed so that new sites can open up and they can play. | ||
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StutteR
United States1903 Posts
On July 16 2011 14:27 Plutonik wrote: what is money laundering? and so they were shut down because they were taking money from banks or something im confused:S Money laundering is cleaning illegally obtained money. Such as taking a stolen $20 bill and buying a $1 snack and getting $19 clean dollars. But on a much larger scale. (reminds me of Office Space lol) | ||
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pjc623
United States213 Posts
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pikaaarrr :3
United States593 Posts
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SafeAsCheese
United States4924 Posts
On July 16 2011 14:29 StutteR wrote: Money laundering is cleaning illegally obtained money. Such as taken a stolen $20 bill and buy a $1 snack and getting $19 clean dollars. But on a much larger scale. (reminds me of Office Space lol) If europe doesn't have a problem with it, why does the US goverment? | ||
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Whole
United States6046 Posts
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pikaaarrr :3
United States593 Posts
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