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Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-15-2011 04:49 PM |
What a sick day. Full Tilt, Poker Stars, Absolute Poker and UB.com all going down to US dept. of justice action.
75 processors and bank accounts locked around the world, that were related to those sites.
http://www.justice.gov/usao/nys/pressreleases/April11/scheinbergetalindictmentpr.pdf
Quick prediction:
1. Stars and Tilt stop accepting USA players immediately, and try to stay afloat as "non-USA" poker rooms. This all depends on how much of their money has actually been frozen though. Hopefully they have a few hundred million stashed away, otherwise there are going to be thousands of players who are not USA residents who are going to get caught up in the screwing.
2. Absolute / UB folds. Their business has weathered a lot of storms through the scandals in the past. I just don't see them being able to take the financial hit.
3. B&M companies like Harrahs, and non-USA companies like Party Poker, are popping champaign for the next 2 months at their good fortune. If poker is legal/regulated in the USA eventually, they don't have to worry about chasing down the two big online poker behemoths, Stars and Tilt.
4. A lot of us find a new hobby or start a home game. I can't imagine ANY poker room that currently accepts USA players and was not touched today, continuing to do so. You can bet the Carbon Poker's of the world are meeting to determine how best to shed their USA players so that they can continue to run their business to non-USA customers.
EDIT: Stars and Tilt bouncing USA players happened, so 2-0 so far. I have an alternative prediction. After thinking longer on Absolute / UB, if they are in a situation where they have enough money to keep operations running, but NOT enough money to dismiss and cashout their USA player base, they might just say "business as usual, USA players welcome". On prediction #3, I am dead on. I've had conversations with several of our affiliate managers at non-USA sites and they are on cloud nine. I'm going to be wrong on # 4. Appears that the USA facing sites that were untouched, are falling all over themselves to give us a new home. |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-15-2011 05:00 PM |
I'm so screwed.
Anybody know where I can get a massive loan to play 1/2 live? |
Teach Me Does Good Pokers Yes? |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-15-2011 09:59 PM |
I predict the wsop will have a significant drop in entries now that you can't win one for a buck.
at least we have 100 poker rooms and 50 casinos in California, a state where gambling is otherwise illegal. |
Southern California, Poker Capital of the World |
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 the8bit
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| Joined: 14 Mar 2009 |
| Total Posts: 428 |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-15-2011 10:22 PM |
On vacation, was gonna play some half drunk poker and bam sites are all down =(
I can't say I am surprised but I am disappointed. I had hoped it would never come to this. I guess it is finally time to find a cash game near me, but there are implications to this which are unfortunate. Cash games are more dangerous in general and significantly less flexible on the hours.
Luckily, Cherokee is only 3 hours from me so its not the end of the world, but it does cripple my ability to play as a side hobby. |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-15-2011 10:41 PM |
| So are any sites still taking us players? What about sites like bodog? |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-15-2011 11:22 PM |
| gg guys |
"I'm not a 'roll' model."
Check out my blog, I'm updating again. http://trulyrand0m.livejournal.com |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-16-2011 01:16 AM |
So is there any chance we might be able to get any of our money off any of thses sites? Fulltilt won't even come up but people are still playing on UB and AP
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Hardmania
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| Joined: 20 Jun 2007 |
| Total Posts: 633 |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-16-2011 03:58 AM |
what the hell has happened? I got a pop up message when I logged into Stars a moment ago. I don't have time to look and search for what happened with two kids in tow and a million things to do.
I'm assuming the online poker community is going to dry up significantly now? Less players = less money available to be won.
I can't believe online poker can be outlawed in the US !!
Cheers Hardmania |
PSORG HU & LHE Champion 2008 |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-16-2011 10:44 AM |
What other online poker sites are still going in the U.S. Fulltillt and Poker Stars both have bad checking account transfers.
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-16-2011 12:50 PM |
Bodog said business as usual. I contacted Carbon Poker (Merge network) and they said business as usual. I am assuming Cake network and other small networks that have rooms like Doyles Room and Minted Poker, are still going to accept USA players for now.
In the huge write up from the Justice Dept., they note that in early 2009, money was transferred to FTP, AP, Stars, etc.... - So this investigation was over 2 years in the making.
That means the rest of the USA facing sites have a decision to make. Some of them with large non-USA player bases are probably leaning towards leaving the US market. However, there will be some who are looking at this as their big chance to grab some massive players and rake, and then figure out how to deal with any legal issues later.
You guys remember when Party, Titan, 888, etc. all left in 2006? Full Tilt, Stars, AP/UB were rolling out promos offering rakeback on all existing accounts who emailed us, etc., trying to scoop up those players.
At like 7 p.m., I got a reload bonus offer from Carbon Poker. Someone else got an email from BetUS that was even more brazen. It basically said 'we know you probably just got screwed out of your favorite poker room. We still accept US action though, so please consider us for your new home!"
The BIG difference between this time and last time is that when UIGEA happened, the poker rooms left voluntarily. Cashouts were never in doubt. It was an orderly exit. This time, they were taken by force, and the DOJ is trying to lock down as many bank accounts as they can find that belong to FTP/UB/AP/Stars. It remains to be seen, but if they effectively lock up all the money that these sites possess then they are out of business and we'll be waiting months to get the money, if at all.
I really really hope that the DOJ is unable to lock up all of the operating cash for these sites. If they can stay in business, cashouts will happen sooner. If the DOJ has our money, then it'll be significantly longer. If they take their fines and cuts before bothering to pay the player balances then we could be getting pennies on the dollar.
The fact that FTP and Stars have already came out and said they are business as usual for non-USA players, is encouraging. Word has it that non-USA players have had no problems cashing out to Neteller from Stars.
So much for the thought that the Dept. of Justice would be kinder and gentler under Obama, eh? Our tax dollars hard at work, to nab dangerous poker players. I am waiting for a "Wanted" poster with Daniel Negreanu in a pastel blue shirt.... |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-16-2011 07:25 PM |
The fact that FTP and Stars have already came out and said they are business as usual for non-USA players, is encouraging. Word has it that non-USA players have had no problems cashing out to Neteller from Stars.
I dont want to sound pessimistic. but I am non-USA player and I requested a cashout on april 15th for abotu $390, on that day it says "requested: april 15th" but then when I logged in today it changed to "requested: april 16th" and I haven't gotten my initial deposit amount either, when in fact they said in the email that I should get it back right away on moneybookers.
this is just fuckin depressing. not only do US players have to suffer but everyone has to be dragged into this bullshit. and nice *** **** timing, I was beginning to get really good at crushing 10NL and was getting ready to move up to 25NL. back to working the night shift I guess, thanks a lot you fucking Department of INJUSTIC tools, hope all of them burn in fucking hell
on a brighter note, I still have about $250 (was supposed to be this month's profit from 10NL) on moneybookers, and pokerstrategy (different site) just gave me $60 to play with on williampoker. together I have a roll of $310, if I spend the next 2 weeks grinding at 10NL I just might be able to recover fast enough. although I'm definitely keeping 80% of the roll this time... on moneybookers, and just deposit as needed.
and if you're canadian I encourage you to vote liberal or NDP, anything to get that neo con harper facist out of here. because if he gets another majority this election we are SCREWED. this guy is all about conservative values and is a religious toolbag, he will tear this country down . |
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Chanzo
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| Joined: 18 Sep 2005 |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-17-2011 03:43 AM |
Crazy times we're living in, gonna be interesting to see how it all turns out. Really sucks for you US guys though. What is your thinking at the mo? Move to cake etc or take a couple weeks out to see what develops?
Just logged onto Stars, still 80k players online right now which is way higher than I expected. Might try and get in on the big sunday tournies in the next couple of weeks, can see there being a potential overlay. |
'Embrace the rebuy' |
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Chanzo
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| Joined: 18 Sep 2005 |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-17-2011 03:51 AM |
Hmm maybe no overlay, they've lowered the gtd prize  |
'Embrace the rebuy' |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-17-2011 06:32 AM |
What is your thinking at the mo?
Most US players are taking the conservative route and waiting.
Myself, on the otherhand, am in financial turmoil over this. I am emergency 24/7 grinding on a site that is currently operational. I need to create a live 1/2 roll from scratch ASAP.
Hopefully I'll have at least a month before the DOJ swoops in elsewhere
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Teach Me Does Good Pokers Yes? |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-17-2011 01:22 PM |
What happens with the rakeback we were suppossed to get on AP and UB? Did that get lost or stolen in the shuffle? Just in cae we ever get to cash out our money.
And by the way I'm playing on UB right now so maybe all is not lost. The problem is I hardly have any money on here and really needed my rakeback payment. Does anybody know whats going on with our rakeback money? |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-18-2011 12:57 AM |
I need to create a live 1/2 roll from scratch ASAP.
good luck with that..
hope you're not too strict on the # of buyins at this point. 20 should be good to go |
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Macio
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| Joined: 10 May 2006 |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-18-2011 02:56 AM |
I have sucefully withdrawn shot of $2k from FT on the day the message broke out. Mate of my send me a message that he saw a post on 2P2 and I decided to took most of my roll out of there. Was in my online account within 30 minutes.
hope you all get your money ....
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back to the GRIND !!!!!!!!!
NL$100 - running badly as always  |
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Chanzo
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| Joined: 18 Sep 2005 |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-18-2011 03:13 AM |
| They still got 6500 players for the sunday million last night, didn't figure on it being that many tbh |
'Embrace the rebuy' |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-18-2011 01:43 PM |
funny how the one country you cant even play cards online is the "land of the free" lol
so glad Im not american.
just got my money on MB yesterday. still waiting for the other half to my visa. but since the first half went through okay, I will keep playing on stars. |
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Chanzo
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| Joined: 18 Sep 2005 |
| Total Posts: 746 |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-19-2011 03:17 AM |
| How are you finding the games? fishier? |
'Embrace the rebuy' |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-19-2011 01:05 PM |
I did a 2.5hrs session yesterday, I dont find it fisher from what I can tell. I was 6-9 tabling 10NL and it was almost same as before, actually a bit more regulars, lot more stealing/3bet stealing etc
but its only from a 2.5hrs session so Im not too sure.. |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-19-2011 08:23 PM |
funny how the one country you cant even play cards online is the "land of the free" lol
so glad Im not american.
Yeah, that slogan is kind of a joke.
Fortunately for me I only had about $300 left on Full Tilt and cashed out most of my bankroll over the last few months and haven't really been playing. Should be interesting to see how things develop. |
My poker is better than your poker. |
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bobby7
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| Joined: 05 Apr 2004 |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-28-2011 10:48 AM |
my take on it is this, america sucks and i cant wait to leave this country.(ideally by the end of the year, wanting to move to canada) if anyone is very patriotic and is offended by this statement then im sorry but im not going to filter myself. i no longer support this country. the last time i said this someone told me to "love it or leave it" and to that i say look at the direction the us is going, its the laughing stock of the world now.
i withdrew all my money at the end of last year because i was assuming that this might happen. i did not want to stop playing poker. i was doing very well at poker. poker is easy money for minimal work so im quite annoyed at this. i only barely escaped the whole neteller lockout and i was not about to have it happen again so i took the conservative route.
i would say this pretty much does it for online poker, the game isnt going to survive without the massive amounts of u.s fish. all you foreign grinders gonna trade rake with each other. even if this ban is lifted good luck getting the casual players to come back, this is different than before, its worse.
i did not want to stop playing poker, but now i guess the only way im playing poker again is live and screw live poker. games are too slow.
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Chanzo
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| Joined: 18 Sep 2005 |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-28-2011 02:38 PM |
| Massive over statement saying thats it for online poker, plenty of euro sites have done fine without US players and are in fact generally considered as softer places to play. Stars hasn't exactly been crippled by this either, just checked and there's 250k players online there right now. |
'Embrace the rebuy' |
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Re: Wow - April 15, 2011 - Funeral for USA online poker?
Posted: 04-29-2011 03:59 AM |
Bobby the additude portrayed right there is exactly why this country is in the state it's in.
Americans have become lazy, expecting the elite to automagically find solutions for anything that requires the least bit of effort. And like most of us, you won't end up leaving either, once you find out just how much work that actually takes
Instead of bitching to the wind how bout you DO SOMETHING about it. This is what you have congressmen for. Write a letter to him. Join the PPA. Post an article and link to other articles to push the issue. Tell two friends about the situation. If you want it, go get it.
It's hard for me to believe sometimes that our ancestors were actually rallied up enough to declare war and independence, sacrifice lives, and establish a radically new form of government... now a days we don't even have the motivation to do anything besides post on random SNS's.
And online poker being dead for good is laughable. Better get used to seeing Phoenixes. This is by far the most ingenious marketing plan for any web business our federal government has made yet. Did you forget the Bill that started all this was passed by Republicans? |
Teach Me Does Good Pokers Yes? |
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