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FBI seizes domains of pokerstars, full tilt, ub.. (UPDATE: FTP MONIES!!!!!11)

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  1. #751
    Quote Originally Posted by baudib View Post
    Brazilian players haven't been able to get money out for about a month

    Nick Rainey came on and had several outrageous/damning claims about FTP:
    1. He admits to ghosting someone to a $300K bink and that FTP shut the account down when it had no way of knowing it was him playing on it. The fact that this wasn't publicized and that money was possibly not given back to the players but instead personally confiscated by Ray Bitar is offered as proof money evaporating on FT. This is admittedly the more conflicted part of his interview.

    2. Apparently well-known in the HSNL community, Patrik Antonius had up to 40 accounts before he became a FT pro.

    3. Full Tilt sold 100% rakeback accounts for up to $50,000.

    4. As has been documented in the Clonie Gowen case, Rainey says much of the business done by Full Tilt was done without documentation; "handshake" deals that were later forgotten when it became convenient.

    5. Ray Bitar spent player funds on advertising for the 2010 WSOP.

    6. David Benyamine owed FT millions; a low-level rogue employee was apparently able to funnel him several million that he lost in nosebleeds.

    7. NoahSD of 2+2 and subjectpoker.com came on to tell Rainey to "STFU cheater," Rainey called him a 3-foot nerd with 20K 2+2 posts who's never been laid.

    8. Noah argued with QJ guy over whether or not Doyle was tipped off about DoJ raid. Conjecture followed that there was a $6 million debt owed to Cake that went toward for Doyle's live poker bankroll.
    holy fuck what a mess
  2. #752
  3. #753
    FTP always seemed shady to me. never really trusted anyone but stars.
  4. #754
    Nick Rainey doesn't really have a good reputation. Not sure how much of that is true, exaggerated or just a lie
  5. #755
    Selling .7/1
    [00:29] <daven> dc, why not check turn behind
    [00:30] <DC> daven
    [00:30] <DC> on my hand?
    [00:30] <daven> yep
    [00:30] <DC> because I am drunk
    [00:30] <daven> nice reason
    [00:30] <daven> no further questions
    [00:30] <yaawn> ^^Lol

    Problem officer...?
  6. #756
    bikes's Avatar
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    Kevmath Kevin Mathers
    This afternoon at 5pm PT, big announcement from the WSOP, Guy Laliberte and Phil Ruffin on a "groundbreaking event and initiative in poker".

    let the speculation begin!

    ?wut
  7. #757
    guy laliberte offering to buy out FTP's troubles ONE TIME
  8. #758
    Pacific Time is so stupid.
  9. #759
    I don't even know where the pacific is
  10. #760
    Quote Originally Posted by kiwiMark View Post
    I don't even know where the pacific is
    Well, it's in a pacific location, that's for sure.
  11. #761
    I'd love some peace. GoogleMap, take me away.
  12. #762
    Damn, GoogleMap says I can't get there from here.
  13. #763
    Halv's Avatar
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    omg remember pacific poker?!
  14. #764
    Quote Originally Posted by HalvSame View Post
    omg remember pacific poker?!
    Ohyesohmigod. Made a jillion dollars there.

    And Paradise.
  15. #765
    Kiwi!

    Benny is crushing you in rep. Step ya game up!
    [00:29] <daven> dc, why not check turn behind
    [00:30] <DC> daven
    [00:30] <DC> on my hand?
    [00:30] <daven> yep
    [00:30] <DC> because I am drunk
    [00:30] <daven> nice reason
    [00:30] <daven> no further questions
    [00:30] <yaawn> ^^Lol

    Problem officer...?
  16. #766
    Anyone who chooses Tom Selleck for his avatar is quite deserving of a high rep, obv.
  17. #767
    Quote Originally Posted by StarGrinder View Post
    Anyone who chooses Tom Selleck for his avatar is quite deserving of a high rep, obv.
    Blatant rep whoring, imo, but I caved anyway and +repped.

    I'm a sucker for ppl who respect the stache.
  18. #768
    Galapogos's Avatar
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    Quote Originally Posted by Donachello View Post
    Kiwi!

    Benny is crushing you in rep. Step ya game up!
    I'm responsible for his fourth rep square. True story.


    Quote Originally Posted by sauce123
    I don't get why you insist on stacking off with like jack high all the time.
  19. #769
    Quote Originally Posted by Galapogos View Post
    I'm responsible for his fourth rep square. True story.
    Get him!
  20. #770
    Quote Originally Posted by BennyLaRue View Post
    Blatant rep whoring, imo, but I caved anyway and +repped.

    I'm a sucker for ppl who respect the stache.
    Hey, I watched Mr. Baseball 3 times on Netflix last week. Movie is meh but Selleck is the man.

    "Jack Elliott here bringing you the best in major league thrills for the fellas... and free mustache rides for the ladies."
  21. #771
    Quote Originally Posted by bikes View Post
    Kevmath Kevin Mathers
    This afternoon at 5pm PT, big announcement from the WSOP, Guy Laliberte and Phil Ruffin on a "groundbreaking event and initiative in poker".

    let the speculation begin!
    World Series of Poker planning $1 million buy-in event for 2012 - ESPN ....fucking gay who gives a shit.

    edit- obviously im not against the charity aspect of this
    Last edited by philly and the phanatics; 06-04-2011 at 11:45 AM.
  22. #772
    Quote Originally Posted by philly and the phanatics View Post
    World Series of Poker planning $1 million buy-in event for 2012 - ESPN ....fucking gay who gives a shit.

    edit- obviously im not against the charity aspect of this
    Totally not what I was expecting. And pretty stupid/steep imo. It's going to be nothing more than a high-priced 30 man sit-n-go.
  23. #773
    OMG guys, i just got my money back from FTP!















    lol...jk.


    no but really, i would like to make withdrawals already. why cant ftp just pull a pokerstars and man up?
    http://zorkion.blogspot.com/
    Letting the Cards Fall - Tracking my progress in the pursuit of profitability.
  24. #774
    bikes's Avatar
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    please bother to read current events before posting useless dribble

    ?wut
  25. #775
    Quote Originally Posted by Zorkion View Post
    OMG guys, i just got my money back from FTP!

    lol...jk.

    no but really, i would like to make withdrawals already. why cant ftp just pull a pokerstars and man up?
    Bikes, if we want to nominate a post for dumbest post ever on FTR, how do we go about doing that? Is there a form or something?
  26. #776
    dude we should so have an FTR award show...The Floppies?
  27. #777
    Quote Originally Posted by philly and the phanatics View Post
    dude we should so have an FTR award show...The Floppies?
    bigred gets enough of those at home
  28. #778

    winner gets one of these shirts
  29. #779
  30. #780
    Quote Originally Posted by bikes View Post
    please bother to read current events before posting useless dribble
    ive been trying to keep up on recent events, but it always seems to come back to the same question, that being: why is ftp having so much trouble paying back its players, when similarly large online poker site Pokerstars did not?

    I recall seeing an article lately about ftp supposedly trying to 'raise funds' to pay back players, but I'm left with a lack of faith in the credibility of that information.


    apologies for perhaps doing little more than just complaining about the state of things, i guess its not cool to do that here :P
    http://zorkion.blogspot.com/
    Letting the Cards Fall - Tracking my progress in the pursuit of profitability.
  31. #781
    because stars had players funds seperated into dedicated accounts so that they were protected, Full tilt just mixed up players funds with their own funds so they could not be identified as players assets and not company funds so that they were frozen as company funds. This meant stars could pay out and Full tilt are deep in the doodoo hoping that the rest of the world will continue playing and gemneratoing rake so that they can generate the funds to pay the american players .
    .
  32. #782
    Quote Originally Posted by Zorkion View Post
    ive been trying to keep up on recent events, but it always seems to come back to the same question, that being: why is ftp having so much trouble paying back its players, when similarly large online poker site Pokerstars did not?
    I assure you it has nothing to do with "manning up".

    I encourage you not to use that phrase in this context or any.
  33. #783
    Quote Originally Posted by Keith View Post
    because stars had players funds seperated into dedicated accounts so that they were protected, Full tilt just mixed up players funds with their own funds so they could not be identified as players assets and not company funds so that they were frozen as company funds. This meant stars could pay out and Full tilt are deep in the doodoo hoping that the rest of the world will continue playing and gemneratoing rake so that they can generate the funds to pay the american players .
    .
    well, the hope is that they were unable to get the funds unfrozen because they did not segregate... but more than likely, frozen accounts unfrozen or not, they don't have the money to pay all the US players without crippling their operation.
  34. #784
    Roid_Rage's Avatar
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    Quote Originally Posted by philly and the phanatics View Post

    winner gets one of these shirts
    Still waiting on my shirt.
    Quote Originally Posted by d0zer View Post
    cock sauce and anything asian is great
  35. #785
  36. #786
    BooG690's Avatar
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    Gambling911 != good source of poker news
    That's how winners play; we convince the other guy he's making all the right moves.
  37. #787
    ......There are at least two companies unlikely to obtain a license in the States: PokerStars and Full Tilt Poker. The Las Vegas Sun noted that it is unlikely that any state’s statutes would allow licensing of a company that is under indictment or found liable for illegal activity......
  38. #788
    I bet stars manages to get out of this on top. They are surely figuring out a way to not get blacklisted by the US regulation.
  39. #789
    And after everything, I'm the one who can legally play poker and you all can't. Karma's a bitch ain't it.
  40. #790
    Quote Originally Posted by therealdwarfman View Post
    And after everything, I'm the one who can legally play poker and you all can't. Karma's a bitch ain't it.
    Losing your livelihood > having the personality flaws that led to this post
  41. #791
    bikes's Avatar
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    Quote Originally Posted by therealdwarfman View Post
    And after everything, I'm the one who can legally play poker and you all can't. Karma's a bitch ain't it.
    how poetic that you can play but you still suck at both poker and life

    ?wut
  42. #792
    Galapogos's Avatar
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    Quote Originally Posted by therealdwarfman View Post
    And after everything, I'm the one who can legally play poker and you all can't. Karma's a bitch ain't it.
    You still can't ride the big kid rides though.


    Quote Originally Posted by sauce123
    I don't get why you insist on stacking off with like jack high all the time.
  43. #793
    ensign_lee's Avatar
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    Quote Originally Posted by therealdwarfman View Post
    And after everything, I'm the one who can legally play poker and you all can't. Karma's a bitch ain't it.
    lol wow. just...wow.

    I always thought that people judged you a little unfairly, but after that post? You really are everything that they said...and then some.

    I concur with the people above saying that losing one's livelihood is a preferable consequence to having your personality flaws.
  44. #794
    Quote Originally Posted by ensign_lee View Post
    lol wow. just...wow.

    I always thought that people judged you a little unfairly, but after that post? You really are everything that they said...and then some.

    I concur with the people above saying that losing one's livelihood is a preferable consequence to having your personality flaws.
    Then clearly you are a person who is unfortunately grouped with a community that has unfairly judged me.

    As a result of being unfairly judged, I take great delight in making sweeping statements once in a while with the purpose of riling and annoying the community, the majority of whom don't have a clue who I really am and judge me to be someone with personality flaws - I kill them and enjoy myself by simply playing up to that misconception.

    If you're in the minority who sees me as someone without these crazy personality flaws, then fair enough.
  45. #795
    don't mess with dwarfman, he'll pretend to sue you
  46. #796
    Quote Originally Posted by givememyleg View Post
    don't mess with dwarfman, he'll pretend to sue you
    1. I'm not American, so I wasn't trying to sue FlopTurnRiver.
    2. I wasn't pretending when I said I was seeking legal advice.
  47. #797
    And, to keep the thread on track, I genuinely have absolutely no sympathy for those who have lost their livelihoods as a result of the ban. You knew poker was illegal in the USA for many years, you knew you were making a living in an unstable industry, and you had about 5 years to make contingency plans for when this would happen. If you've "lost your livelihood" because of the ban, you're frankly terrible at life.
  48. #798
    Quote Originally Posted by therealdwarfman2 View Post
    And, to keep the thread on track, I genuinely have absolutely no sympathy for those who have lost their livelihoods as a result of the ban. You knew poker was illegal in the USA for many years, you knew you were making a living in an unstable industry, and you had about 5 years to make contingency plans for when this would happen. If you've "lost your livelihood" because of the ban, you're frankly terrible at life.
    uh, no
  49. #799
    Quote Originally Posted by fjuanl View Post
    uh, no
    en.wikipedia.org/wiki/Unlawful_Internet_Gambling_Enforcement_Act_of_2006

    The one thing I've found incredible about American online poker players over the last few years is their almost delusional denial of the clearly stated law.
  50. #800
    UIGEA didn't make online poker illegal
  51. #801
    let's be best friends dwarfman. bigred judges me unfairly all the time and sometimes I have to tell mr pillow about it before I can get to sleep at night
  52. #802
    Shotglass's Avatar
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    ^^ Ya know, that sort of thing will make you go blind

    Quote Originally Posted by givememyleg View Post
    i'll never understand how anyone can go through life being sober.
  53. #803
    bikes's Avatar
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    Quote Originally Posted by kiwiMark View Post
    let's be best friends dwarfman. bigred judges me unfairly all the time and sometimes I have to tell mr pillow about it before I can get to sleep at night
    if only people knew what my stuffed bear sir rupert has heard!

    ?wut
  54. #804
    Quote Originally Posted by fjuanl View Post
    UIGEA didn't make online poker illegal
    It didn't, but it made the supply of online poker to Americans illegal. And if a professional American online poker player still thought he was in an industry that didn't have a chance of blowing up completely with no notice at all, then said poker player is a bloody idiot.

    No sympathy to those who lost their livelihoods, it is entirely their own fault that they didn't plan for this to happen.
  55. #805
    Quote Originally Posted by therealdwarfman3 View Post
    It didn't, but it made the supply of online poker to Americans illegal. And if a professional American online poker player still thought he was in an industry that didn't have a chance of blowing up completely with no notice at all, then said poker player is a bloody idiot.

    No sympathy to those who lost their livelihoods, it is entirely their own fault that they didn't plan for this to happen.
    no it didn't, it 'prohibits gambling businesses from knowingly accepting payments in connection with the participation of another person in a bet or wager that involves the use of the Internet and that is unlawful under any federal or state law'
  56. #806
    a500lbgorilla's Avatar
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    himself fucker.
    Guys, the facts don't matter. You either agree with dwarfman or you're delusional.
    <a href=http://i.imgur.com/kWiMIMW.png target=_blank>http://i.imgur.com/kWiMIMW.png</a>
  57. #807
    This thread just got epic.

    Finally.
    - You're the reason why paradise lost
  58. #808
    Speaking of past posters, sometimes (ok, just once...now) I wonder if Sir Pawnalot is still alive. I imagine not. He likely met his bloody end when a synapse misfired and he was left convinced he could wrestle a train or something.
  59. #809
    Shotglass's Avatar
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    Quote Originally Posted by BennyLaRue View Post
    ...he was left convinced he could wrestle a train or something.
    That woulda made an interesting picture.

    Quote Originally Posted by givememyleg View Post
    i'll never understand how anyone can go through life being sober.
  60. #810
    .
  61. #811
    Quote Originally Posted by BennyLaRue View Post
    Speaking of past posters, sometimes (ok, just once...now) I wonder if Sir Pawnalot is still alive. I imagine not. He likely met his bloody end when a synapse misfired and he was left convinced he could wrestle a train or something.
    lolllllllllllllllll
  62. #812
    http://zorkion.blogspot.com/
    Letting the Cards Fall - Tracking my progress in the pursuit of profitability.
  63. #813
    BooG690's Avatar
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    Quote Originally Posted by Zorkion View Post
    That's how winners play; we convince the other guy he's making all the right moves.
  64. #814
    Hey, that's not manning up at all!
  65. #815
    >.>
    http://zorkion.blogspot.com/
    Letting the Cards Fall - Tracking my progress in the pursuit of profitability.
  66. #816
    also, whats with the {spam link} schnitzel there? am i missing something here?
    http://zorkion.blogspot.com/
    Letting the Cards Fall - Tracking my progress in the pursuit of profitability.
  67. #817
    Quote Originally Posted by BooG690 View Post
    we need a thread to get to the bottom of why this is being discussed in so many separate places around the forum imo
  68. #818
    Quote Originally Posted by BennyLaRue View Post
    Hey, that's not manning up at all!
    LOLOLOLOLOLOL
  69. #819
    Fnord's Avatar
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    Quote Originally Posted by a500lbgorilla View Post
    Guys, the facts don't matter. You either agree with dwarfman or you're delusional.
    I don't think it's an either kind of thing.

    Folks who went all-in on online poker and didn't build something else on the side (assuming they could) or make a big pile of money certainly misplayed their hand. But good people make poor decisions all the time, otherwise poker wouldn't have been sooo darn good for as long as it was and probably will be once again.

    Lots of "successful" people took the sucker end of a bet for a lot of money and got lucky. My current employer for starters....
    Last edited by Fnord; 06-30-2011 at 04:57 AM.
  70. #820
    I didn't want to stiff anyone before, but since it now looks fairly inevitable that U.S. players will get paid and perhaps soon, I'll offer up FT money again at .80/1.
    Playing big pots at small stakes.
  71. #821
    ChezJ's Avatar
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    hey dwarfman, remember when i staked you back in 2005 and you lost a shitload of my money then insisted that i somehow owed you money afterwards? now it can be told... what a fucking douchebag.

    ChezJ
  72. #822
    kmind's Avatar
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    I love how dwarfman would seriously get the shit kicked out of him by literally every single poster here (girls included) in real life yet hides behind a computer to talk shit and steal shit.
  73. #823
    BooG690's Avatar
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    Dwarfman containment thread please.
    That's how winners play; we convince the other guy he's making all the right moves.
  74. #824
    bikes's Avatar
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    far too lazy for that.

    ?wut
  75. #825
    Bump - Since I don't see a point in playing at Poker Nordica after black friday, I decided to try a withdrawal of my meager roll. I had $2 more than the minimum withdrawal amount. Odds on it going through?
    --------------------------

    Thank you for playing at PokerNordica.com.

    Your Click2Pay withdrawal request of $52.00 has been received and will be processed within 72 hours.
    Explain...what I do for a living without saying "I make monies in da 600 enels by pwnin' tha donk bitches". Instead I say "I'm a online financial redistribution broker". - Sasquach991

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