Alderney suspends Full Tilt's operating license

Poker Orifice

Poker Orifice

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+1 Well said.
Now let's see if it happens.
I hate it for the guys that still had money in. I pulled out in Feb. because of bills and am still looking for a safe spot on a site with decent software.
Any ideas on Feltstars?

Doug
Feltstars = 'decent software'.... um 'NOT'. Not if you've been used to playing regularly on FTP.
Also, without knowing much about 'Feltstars', to me it seems odd that if players are planning on playing on Merge network why not go with the ones that have been around the longest or are the biggest?
 
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botebum

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PO- I'm completely open to suggestions. Of the ones I've tried in the last couple days, Feltstars is the only one that doesn't burn my eyes out trying to play.
I want a room that's as close to FTP's look that's safe for me to put a bit of cash in.

Doug
 
Poker Orifice

Poker Orifice

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was funny reading the stuff on their site > 'in the players best interest' Huge LOL at that one. yah... ok.. it's in the player's best interest to give zero warning & have all of their bankrolls frozen on the f'n site. They're watchin' out for us I suppose... not coverin' their own azzes/reputation... no doubt it's all about the 'players' for them.
 
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botebum

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I tried to send a PM but Noobs can't do that until they have a few more posts. Here's what I tried to send to-
Poker Orifice-
You kind of blasted my view of Feltstars and mentioned that if I was used to playing FTP, why would that be acceptable.
I'd really like some suggestions on a safe place for a US player to play a bit of cash.
Many of the sites suggested by the forum are not accepting US players.
Any help you can offer would be appreciated.
Thanks,

Doug
 
absoluthamm

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I would highly suggest not going with FeltStars as well. I haven't seen a single positive thing about them in months. Constantly people not being able to withdraw or not getting reimbursed for downtime in the middle of tourneys, etc. Do a title search for FeltStars and you won't see anything positive for the last 6 months: https://www.cardschat.com/search.php?searchid=1830716 . I would go with Carbon, Lock, or BCP if I were you, but do what you want. Don't bother trying to get the fel of FTP, because aside from their software, you're not going to get it. Believe me, I loved FTP's client as well, but there won't be anything like it for us for a while.
 
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fx20736

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I blame ESPN, The Game Show Network, NBC,etc. for promoting Online gambling heavily, both through their sponsors, the advertisers and the logos displayed by players on TV, despite the fact that the UIGEA was law.

I doubt very much if the vast majority of US Players knew that they were giving money to businesses that were breaking the law. I know I didn't.

And shame on the FCC for not restricting these companies from advertising. Imagine the Mafia advertising on Cable TV?

Who knows why suddenly the ground shifted and the DOJ turned out the lights on the party. One thing is for certain, the Federal Government did a lousy job of protecting US consumers. Then it pulled the plug and left them out to dry. It's as if they all looked the other way for years while more and more people became crack addicts and then one day were suddenly able to shut down the biggest crack dealers in the country. Of course in this case there are thousands of law abiding citizens who found a way to earn a living playing poker online and suddenly their livelihood was taken away from them.

For US players, I'm afraid things will just continue to get worse. Slowly, one by one these casinos will withdraw from the US because they face too much exposure and liability to continue to operate here.

As far as US players go:No offense, but posts that ask where it is safe to deposit or which sites still accept US Players is completely analogous to drug seeking behavior. It ISN'T going to improve. We have an election next year and making online poker legal won't see any light in Congress until at least 2013.

The Party is over.

I feel really bad for those with substantial sums of money on Full Tilt (or Absolute Poker/UB) but with each passing day it seems less and less likely that any of you will see any of your money, and for all his good intentions, Phil Ivey's lawsuit will only drag this out even farther.

In a lot of ways this is a f*cked up country. We are the only Modern Society that doesn't offer Universal Health Care to its' residents, we still kill each other by the tens of thousands yearly because we won't give up our guns. We have a tax code that is skewed all the way for the rich and we have built our communities so that you need 2+ cars per family just to carry on the basic functions of daily life. So to expect some rational logic to prevail and allow as innocuous an activity as poker to be legal is a pipe dream.

I know I am no longer an active member of Cardschat but if I can do anything helpful to each of you who play online poker in the US, it is this: Quit playing. Period.

Easier said than done, I know, especially if a big part of your daily routine or identity is bound up playing, but it is the sane thing to do. You may go through a grieving process, may need therapy but in the long run you will be better for it.

Me, I am in a tailspin but not because I can't play poker. It is because I am out of dreams. I have no more ambition or hope that I will ever be anything more than I am today, a middle aged, middle class, middle manager who lives just to raise a family. Unless I were to win a lottery, I will never drive a fancy car, never have a big house, never have sex with beautiful young nymphs. It's not that my life is bad, in fact by most people's standards it is pretty good. I have two healthy, good looking kids who do well in school and sports, a decent house, a pool, central air, a big HDTV. I eat well, drink better and have a better wife than I deserve. It's just in America we all dream of being somebody, an All-Pro NFL Quarterback, President of the United States, the inventor of the next big thing, a Wall Street Tycoon, the author of the Great American Novel. No one aspires to living in the suburbs, driving a Toyota and having sex with the same homely woman year after year.

I am going to learn to appreciate all the great things I have. I am unplugging from society. I do my job, come home, pop open a beer and unwind with a great big FTW. And when I die, my funeral will be all of my wife's friends in one room and a year after that it will be as if I never existed.

 
WVHillbilly

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Fx, you're a ****ing nutcase man. Plain and simple. You're spouting off random garbage as if you know something about the situation. Just go drink the rest of your life away and try not to take anyone else out with you when you go.

Get some help.

gl man.
 
Dreams of Tragedy

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Well I guess it time for me to start putting all my Full Tilt gear on ebay to try to get some money out of it..lol open bid 1 dollar
 
ALL IN CLUBS

ALL IN CLUBS

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Rush, i had to laugh at Rush ,Cuz i just went to their Concert Tuesday Night in Washington . They played well and sounded well. Good Concert great seats :) :) Geddy still got it and Pert was awesome at the drums :cool: Workin man was the last song of the night..
 
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genleemb

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Love the fact that PS put out a statement about it before FT did. Still waiting for some sort of communication from FT to their customers...

I was smart from a business standpoint and also a needle at FT management. Two birds, one stone, so to speak.
 
coolnout

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What.. just cuz he hasn't 'tweeted' any update about it? Do you think he'd just tweet everything he hears about what's goin' on behind the scenes? ... or perhaps maybe wait & think it over.... see how things pan out.. & to realize there's some things that he obv. shouldn't tweet to the general public. May have been rumours of Binion considering purchasing of Fulltilt? (it is afterall only Bitar & the other guy who are under indictment). As far as 'tweets' go, Mike Matusow just 'tweeted' a link to ScottMatusow, 'maybe' worth a read??

For me the lost isn't monetary (I could care less about the amount I keep on FTP)... much more so the thought of never being able to play on that site again!
I was thinking of some others that this is affecting today - - how about the US players who are supporting families & chose to up & move to another country so that they could continue to play? I know I've seen well over 100 regs. in lobbys/on fin. tables, etc. who were formerly 'US' & now show Canada, Mexico, Ukraine, etc. Huge bummer for them.
link to ScottMattusow > http://scottmatusow.com/blog/2011/06/29/fulltilt-poker-is-not-done-read-this-to-find-out-why/

Tom Dwan is the biggest procrastinator out there. :p

Also Scott Matusow tweeted this back in May:
"5/28 announcement coming, ftp begins to pay out this week, now relax everyone."
 
OzExorcist

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i actually agree with everything you said, except for this. most red names on there do not seem particularly deserving. if they cut that list by half (or more), surely their expenses will drop and their profits - not so much.

For the most part I agree and it was mostly the members of Team Full Tilt (Dwan, Hansen, Antonius, Lindgren, Seidel etc and obviously Ivey if they can get him to stay) that I was talking about, not the bajillion ordinary "red pros".

There may even be some benefit to keeping some of those red pros on the list though since if they're under contract with Full Tilt they can't go off to promote another site. A Brandon Adams or Michael Mizrachi is pretty much just another name in a long list of names while they're signed to Full Tilt but if they were let go and allowed to sign somewhere else they might be enough to help some nothing site stand out from the crowd - think Antonio Esfandiari with Victory Poker, for example. Who cared about or had even heard of them before they signed him?

For sure there's some others that it wouldn't hurt to let go though.
 
jazzaxe

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FTP apparantly was not obliged to segregate player's funds. I would think that as an industry "leader" this was understood. There was too much player money out there to be treated so recklessly. I don't understand how they could have been put in this position. Online poker is akin to printing money, especially with what they were making. Maybe someone can answer the "why this happened" questions.
 
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FTP apparantly was not obliged to segregate player's funds. I would think that as an industry "leader" this was understood. There was too much player money out there to be treated so recklessly. I don't understand how they could have been put in this position. Online poker is akin to printing money, especially with what they were making. Maybe someone can answer the "why this happened" questions.

It would happen if everyone went to the bank and asked for their money back at the same time.
To stop it the Governments had to bail out the banks.

This time one government deliberately caused a run on a similarly structured organisation.
 
OzExorcist

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FTP apparantly was not obliged to segregate player's funds. I would think that as an industry "leader" this was understood. There was too much player money out there to be treated so recklessly. I don't understand how they could have been put in this position. Online poker is akin to printing money, especially with what they were making. Maybe someone can answer the "why this happened" questions.

Easy: the people in charge were idiots.

In the environment pre-Black Friday even an idiot could print money running a site like Full Tilt though. But idiots are less well equipped to cope with the post-Black Friday mess and the stuff they'd been getting away with up to that point was no longer going to cut it.
 
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IvanShovski

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was funny reading the stuff on their site > 'in the players best interest' Huge LOL at that one. yah... ok.. it's in the player's best interest to give zero warning & have all of their bankrolls frozen on the f'n site. They're watchin' out for us I suppose... not coverin' their own azzes/reputation... no doubt it's all about the 'players' for them.
Yeah, I agree. If the AGCC is not going to allow existing FTP customers to withdraw funds then they should, at least, have the ability to freeze FTP bank accounts containing sufficient funds to cover player balances. The licensing bodies really shouldn't be issuing licences to companies that don't segregate player funds from company operating funds in the first place.


Of course, even if the AGCC had given some warning and permitted customer withdrawals here, it probably would have made very little difference. Players would have rushed for the exits in a massive way, and FTP would have offered the same excuses it is making to it's former U.S. customers.


I really wish that the AGCC would move the hearing forward. A month is a long time for a company's operations to be frozen. FTP will undoubtedly lose a lot of employees during this period. What will become of the company even if the Commission's decision is favourable to it?
...& Jokerstars doesn't have the WSOP Fantasy Contest

Somebody should float the idea to pokerstars. I know Daniel Negreanu is a big fan of Fantasy Leagues. Perhaps he could make it happen.
 
Makwa

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Har Har

FT ads are still running on PAD and other shows... too funny... :eek::mad::p
 
Pothole

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Remember the quote from Aliens? "Game over man, game over".
 
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genleemb

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FT ads are still running on PAD and other shows... too funny... :eek::mad::p

PAD was more or less a Tilt infomercial. Pretty much all of the production cost was pick up by FT.
 
absoluthamm

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PAD was more or less a Tilt infomercial. Pretty much all of the production cost was pick up by FT.
That's why PokerStars pros weren't allowed to go on PAD.
 
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pittsburgh1

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L.A. Times reporting ..Full tilt sold to irish investors...(the one s Ivey's been talking to the last few days' They will take majority ownership and pay back the 150 million owed to players... andrew robl and others just tweeted it
 
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