'Black Friday' and associated fallout megathread

[dj11]

Would it currently be legal for a poker site to offer prizes or seats to other events such as the WPT or WSOP, just for entering and potentially winning play money tournaments?

It seems there would be no problem with this. However, from the sites POV, they want a shot at getting actual money from a player, so since at this point they can't get money from us US players, why should they.


Is it legal for a gambling site to charge a monthly fee to their members for unlimited play for a set monthly charge, but actually be wagering play money and offering real prizes for winning?

ClubWPT for one, and the Zen Entertainment sites do this. We call it a subscription site. Problem so far seems to be that you can not roll over your winnings into something bigger. With the zen sites (Hustler for one), I will need to arrange to get a check from them for individual cashes I have won. Neither allow me to buy in to a game with winnings from another game. SO the idea of a cash bankroll is different from what we prefer.


Now by prizes I mean actual items such as Ipads, BluRay players, 3D televisions and stuff like that, the reason I ask these questions is I am seeing a lot of ads online about places like these and just wondered how legit it really is.

I actually know of an online casino that charges a monthly rate were members can subscribe and play as much as they want and have the opportunity to win real prizes without actually wagering real money, and they have everything from Blackjack to Keno there, I'm not gonna mention their name but I know for a fact they currently accept U.S. players.

It's ok to mention names. Again, this subscription model seems like it might be the next 'thing'.

If this kind of stuff is legal I would like to know how they are able to do it.

According to Stick, the are using existing State rules governing tournaments. Search for the Hustler or ClubWPT threads here.


Thank You in advance for your feedback on this.

yw

 

[SheldonCooper]

I didn't want to start a thread just for asking these questions so I'm going to ask it here:

Would it currently be legal for a poker site to offer prizes or seats to other events such as the WPT or WSOP, just for entering and potentially winning play money tournaments?


Is it legal for a gambling site to charge a monthly fee to their members for unlimited play for a set monthly charge, but actually be wagering play money and offering real prizes for winning?


Now by prizes I mean actual items such as Ipads, BluRay players, 3D televisions and stuff like that, the reason I ask these questions is I am seeing a lot of ads online about places like these and just wondered how legit it really is.

I actually know of an online casino that charges a monthly rate were members can subscribe and play as much as they want and have the opportunity to win real prizes without actually wagering real money, and they have everything from Blackjack to Keno there, I'm not gonna mention their name but I know for a fact they currently accept U.S. players.

If this kind of stuff is legal I would like to know how they are able to do it.


Thank You in advance for your feedback on this.

Lol, why would you not mention their name? This sucks, tried logging onto Stars today for the first time in months and found out they were forcing me to cash out the money I had left on there. Sorry if this question has been answered elsewhere in the thread, but I'm not reading through 50+ pages, so is this going to blow over any time soon or do I need to find a new room to play at?

 

[WVHillbilly]

Cash out and forget Stars ever existed unless you plan to move out of the US. They are unlikely to be open for US play for years, if ever.

 

[cAPSLOCK]

Is there a thread here specifically for the FTP happenings around this? As in news discussion clues as to when we get to cash out etc? I has looked but not found.

 

[WVHillbilly]

There is no FTP specific thread and there is also nothing new.

Actually there seems to be a little something new. Just logged in to FTP to see all the FTPs I tried to dump on BF have been returned to my account.

 

[dmorris68]

There is no FTP specific thread and there is also nothing new.

Actually there seems to be a little something new. Just logged in to FTP to see all the FTPs I tried to dump on BF have been returned to my account.

FTPDoug announced on 2p2 yesterday that they're returning all FPPs and will be re-opening the store for US players. That's how they'll pay out FPPs, via store purchases only (minus tickets and bonuses).

 

[OzExorcist]

so is this going to blow over any time soon or do I need to find a new room to play at?

Afraid it's not going to blow over any time soon, no. Bazinga.

 

[alaskabill]

full tilt withdrawal/deposits

I don't know if any of you have seen this yet. I found the link on that other forum. If you look at the terms of service from the full tilt UK site, its a bit different from what you will see on the US facing .com.

Section 8.9 says specifically that they are not required to segregate players funds from operating funds.
http://professionalpoker.com/images/ft_uk_t-c.jpg

You will have to blow up the image to read. Its to the left on your screen most likely. Anyways this would lend credence to the idea that many (including myself) have expressed that FT likely has players money mixed with their capital and the DOJ has it seized. Between that and all of the withdrawals that FT credited but never withdrew, I think they just don't have the money to pay out right now.

I hate to say it but I wouldn't place too much faith in them paying their US players anytime soon.

Also, if you haven't seen the link at the other forum, you should listen to Tony G's take on QuadJacks . http://www.quadjacks.com/2011/05/16/zekday0-and-tony-g-talk-about-full-tilt-poker-5162011-2/

Sorry if any of this is old news but I know some of our newer members might not know all of the places to look for this info.

 

[Worak]

Interesting interview alaska ty.

 

[Charade You Are]

From all my trolling of the poker news and gambling sites, it seems as if there is no chance we will ever be allowed to play ps, ftp or ap again or possibly any existing site.

It seems that the American casinos will have their way and grab it for themselves. I can already picture the tasteless, screaming sites with multicolored "neon" lights, fake statues of liberty, and over-the-top ads for their games of chance (chance you win < chance they win).

Makes me sad for a lot of different reasons not the least of which is playing with people from all over the world.

 

[ALL IN CLUBS]

So what was the big announcement from Full Tilt ??? Did i miss it/

 

[DetroitJimmy]

I'm unsubscribing and waiting for the new thread titled: "FTP is now paying out what they owe to U.S. customers!"

It may likely never happen but reading this shit everyday is just plain depressing. See yall in other threads, later.

 

[pokerchris]

From all my trolling of the poker news and gambling sites, it seems as if there is no chance we will ever be allowed to play ps, ftp or Absolute Poker again or possibly any existing site.

It seems that the American casinos will have their way and grab it for themselves. I can already picture the tasteless, screaming sites with multicolored "neon" lights, fake statues of liberty, and over-the-top ads for their games of chance (chance you win < chance they win).

Makes me sad for a lot of different reasons not the least of which is playing with people from all over the world.

Freedom and free market have gone to toilets. If you can't compete then make your competitor illegal. This is worse than socialism.

 

[pokerchris]

I'm unsubscribing and waiting for the new thread titled: "FTP is now paying out what they owe to U.S. customers!"

It may likely never happen but reading this shit everyday is just plain depressing. See yall in other threads, later.

The money might have already spent on Ad., poker after dark and payment to its pros.

 

[ALL IN CLUBS]

 

[absoluthamm]

View attachment 38091

later this week.... we'll see about that

 

[the Styb]

From all my trolling of the poker news and gambling sites, it seems as if there is no chance we will ever be allowed to play ps, ftp or Absolute Poker again or possibly any existing site.

It seems that the American casinos will have their way and grab it for themselves. I can already picture the tasteless, screaming sites with multicolored "neon" lights, fake statues of liberty, and over-the-top ads for their games of chance (chance you win < chance they win).

Makes me sad for a lot of different reasons not the least of which is playing with people from all over the world.

I know. While I can get a small high from the sights and sounds of a casino in the real world, on my screen it's an entirely different matter. I like playing at home in the quiet darkness without the clamor of a hundred grandmothers working out their right biceps.

But one thing you said didn't hit me until I read it just now. "People all over the world." When the US Government eventually sets up the B&M online sites I'm certain that they'll make them available to international players, but really… who the hell will come?

If I'm a Brit or Canadian or German or whatever nationality, why would I even think of signing up with and trusting the guys that nearly destroyed FT and PS? What's the attraction? And can you imagine the export taxes on foreign winnings? Sigh…

Of course, it will be nice to play poker without the ham-fisted, unsubtle donks from Russia and South America donking their way through the tables, but then again, those are the guys that pay off best!

 

[OzExorcist]

If I'm a Brit or Canadian or German or whatever nationality, why would I even think of signing up with and trusting the guys that nearly destroyed FT and PS? What's the attraction? And can you imagine the export taxes on foreign winnings? Sigh…

When America lets sites get back up and running again one assumes it'll be in a stable regulatory environment. For me at least that'd pretty much solve any trust issues. The rest is just a numbers game: does access to sweet, juicy, dead-money American fish outweigh the rake / taxes? Only time will tell.

 

[PokerPete]

:hahaha:

I like playing at home in the quiet darkness without the clamor of a hundred grandmothers working out their right biceps.

:top:

 

[dj11]

But one thing you said didn't hit me until I read it just now. "People all over the world." When the US Government eventually sets up the B&M online sites I'm certain that they'll make them available to international players, but really… who the hell will come?

If I'm a Brit or Canadian or German or whatever nationality, why would I even think of signing up with and trusting the guys that nearly destroyed FT and PS? What's the attraction? And can you imagine the export taxes on foreign winnings? Sigh…

Good points. The question will really be...How are these sites set up? Knowing the bumbling politicos in Washington, they will take a terrible approach, thinking they can make major money doing something. But they will tax it to death. They will create a bureaucracy way too big, with an OLPZ or OLGZ (guess what those mean), and thus it gets politicized.

OnLinePokercZar or OnLineGamingcZar.

 

[Charade You Are]

Exactly.

These are from the last attempt to pass legislation to regulate online gambling and poker:

Bachus needs to have his lobotomy reversed.

 

[Worak]

LOL

Bachus needs to have his lobotomy reversed.

Fwiw sometimes names do transfer well:

Bacchus = Dionysus

http://en.wikipedia.org/wiki/Bacchus

Dionysus was the god of the grape harvest, winemaking and wine, of ritual madness and exstasy in Greek mythology.

 

[The Dark Side]

So a rake payment just hit my account. 2nd transfer since BF.

 

[absoluthamm]

So a rake payment just hit my account. 2nd transfer since BF.

Same here

 

[FEARFACTOR]

Same here

+1