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Online Poker Forum - An Open Letter From Full Tilt Poker
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TedyKGB17
Message Board Junkie


Joined: 19 Apr 2006
Posts: 1565
Location: Indianapolis

PostPosted: Mon Oct 02, 2006 3:47 pm    Post subject: Reply with quote

htrain3434 wrote:
The government won't go after the middle class player. They will, however, put pressure on the pros to stop promoting their sites. You will see someone like Moneymaker or Raymer made an example of. If I were a pro, I would move to Vegas and play live only! It's not worth the risk of going to prison for.



they wont send raymer 2 jail. he will eat them out of house and home. (as my mom used 2 say) plus he omits the smell of butter, and that would drive the other inmates crazy.
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KGBlovesOreos
Moderator


Joined: 28 Jun 2005
Posts: 5318
Location: VA

PostPosted: Mon Oct 02, 2006 5:38 pm    Post subject: Reply with quote

TedyKGB17 wrote:
htrain3434 wrote:
The government won't go after the middle class player. They will, however, put pressure on the pros to stop promoting their sites. You will see someone like Moneymaker or Raymer made an example of. If I were a pro, I would move to Vegas and play live only! It's not worth the risk of going to prison for.



they wont send raymer 2 jail. he will eat them out of house and home. (as my mom used 2 say) plus he omits the smell of butter, and that would drive the other inmates crazy.


LoL!

Anways, thank you Markus for making things much clearer for us here at FTP. I was beginning to panic a little after watching PartyPoker and 888poker shut out US players, but I'm glad to hear that FTP is on our side and will allow us to keep playing here.
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JLeien
High Card


Joined: 02 Oct 2006
Posts: 16

PostPosted: Mon Oct 02, 2006 6:00 pm    Post subject: neteller Reply with quote

Though I am reassured by Full Tilt's letter, I am wondering about neteller. If I make a withdrawal from full tilt into neteller, could neteller freeze my funds? That would suck.
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jongreenway
Moderator


Joined: 03 Nov 2005
Posts: 1398
Location: Toronto, Canada

PostPosted: Mon Oct 02, 2006 8:22 pm    Post subject: Reply with quote

So... this means eventually we won't be able to cash out through neteller, etc? Can we still cash out through hard copy cheques from full tilt since the money doesn't go through the financial insttitutions?
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kfkolonel
High Card


Joined: 02 Oct 2006
Posts: 5

PostPosted: Mon Oct 02, 2006 8:48 pm    Post subject: Reply with quote

jongreenway wrote:
So... this means eventually we won't be able to cash out through neteller, etc? Can we still cash out through hard copy cheques from full tilt since the money doesn't go through the financial insttitutions?

There is a thread on PokerRoom's forum that talks about Neteller. http://www.pokerroom.com/pokah/forum/messageBody.php?categoryID=0&threadNumber=179430&messageNumber=1&pageNumber=4


Neteller's statement on this issue:

US Member Update: 1st October 2006
On Friday 29 September 2006, the US Congress passed legislation which includes certain provisions to prohibit unlawful internet gambling through the restriction of payments to such sites.

The Bill states that there will be a period of up to 9 months for the US regulators to prescribe regulations requiring each designated payment system and all participants therein to identify and block or otherwise prevent or prohibit restricted transactions.

It is currently unclear how NETELLER, a European company, with no assets, presence or employees in the US, would be affected by this bill. Once the regulations have been written, NETELLER will have a clearer view of which companies are affected, how those companies will be expected to comply, and any possible resulting impact on NETELLER and its US facing business.

NETELLER continues to operate its business as normal.

Over 3 million customers in 160 countries trust NETELLER to transfer over $7 billion each year. The company is authorized in the UK by the Financial Services Authority and listed on the AIM market of the London Stock Exchange. To protect its customers’ money, all deposited, in-transit, and un-cleared funds are held in Trust Accounts.
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htrain3434
Flush


Joined: 12 Jul 2006
Posts: 136

PostPosted: Mon Oct 02, 2006 8:58 pm    Post subject: Reply with quote

Full Tilt will eventually cave in. When the government threatens the pros they will do the right thing and freeze U.S. accounts.

It's time to move to Vegas where the land of the free still means something.
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asfispimp
Message Board Junkie


Joined: 22 Jul 2006
Posts: 1763
Location: vegas

PostPosted: Mon Oct 02, 2006 9:27 pm    Post subject: Reply with quote

kfkolonel wrote:
jongreenway wrote:
So... this means eventually we won't be able to cash out through neteller, etc? Can we still cash out through hard copy cheques from full tilt since the money doesn't go through the financial insttitutions?

There is a thread on PokerRoom's forum that talks about Neteller. http://www.pokerroom.com/pokah/forum/messageBody.php?categoryID=0&threadNumber=179430&messageNumber=1&pageNumber=4


Neteller's statement on this issue:

US Member Update: 1st October 2006
On Friday 29 September 2006, the US Congress passed legislation which includes certain provisions to prohibit unlawful internet gambling through the restriction of payments to such sites.

so basically until the details of the bill are in, we will be able to use neteller

The Bill states that there will be a period of up to 9 months for the US regulators to prescribe regulations requiring each designated payment system and all participants therein to identify and block or otherwise prevent or prohibit restricted transactions.

It is currently unclear how NETELLER, a European company, with no assets, presence or employees in the US, would be affected by this bill. Once the regulations have been written, NETELLER will have a clearer view of which companies are affected, how those companies will be expected to comply, and any possible resulting impact on NETELLER and its US facing business.

NETELLER continues to operate its business as normal.

Over 3 million customers in 160 countries trust NETELLER to transfer over $7 billion each year. The company is authorized in the UK by the Financial Services Authority and listed on the AIM market of the London Stock Exchange. To protect its customers’ money, all deposited, in-transit, and
un-cleared funds are held in Trust Accounts.


so basically until the details of the bill are in, we will be able to use neteller
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pebbleboy
Royal Flush


Joined: 03 Aug 2006
Posts: 757

PostPosted: Mon Oct 02, 2006 9:31 pm    Post subject: Reply with quote

[quote="asfispimp

so basically until the details of the bill are in, we will be able to use neteller[/quote]

Yes

Go Gamble Young man. Very Happy
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fire_eyes_2k
The Burn Card


Joined: 18 Jan 2006
Posts: 3469
Location: London

PostPosted: Tue Oct 03, 2006 2:12 am    Post subject: Reply with quote

Has this letter been emailed out to all US players email accounts? Every game I see has someone asking about the bill or what it means for them. I know there's a lot of hysteria, but I doubt even 1% of cash players look at this forum, so how about giving them an explanation to their inboxes. I think my address on file is my US one, and I haven't heard anything except whats on here.
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acesfullokings9
Message Board Junkie


Joined: 30 Sep 2006
Posts: 1740
Location: Australia

PostPosted: Tue Oct 03, 2006 7:25 am    Post subject: Reply with quote

htrain3434 wrote:
Full Tilt will eventually cave in. When the government threatens the pros they will do the right thing and freeze U.S. accounts.

It's time to move to Vegas where the land of the free still means something.


Do the right thing? Who's side are you on. There is nothing right about this. I am not an American but I do realise that a ban would affect all of us that play online poker, and I applaud Full Tilt for not just hitting the panic button and just freezing the US accounts. Plus if the law is grey on what is legal and illegal, then that means their is no reason the pros would have to stop playing.
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Komponist
Pair


Joined: 27 Apr 2006
Posts: 25

PostPosted: Tue Oct 03, 2006 8:11 am    Post subject: Reply with quote

I'm really pleased to see Full Tilt taking this stand. I think that a problem all along in the defense of online poker against this bill was that some of the other industry leaders (like PartyPoker and 888) also offer other forms of gambling online, so they weren't necessarily interested in removing online poker from the general online gambling discussion.

It seems to me that our best bet is to hammer hard, and keep hammering, the idea that poker is a game of skill, not a game of chance, that online poker sites make their money through their players voluntarily paying a fee to play in the form of rakes or entry fees, rather than getting a percentage of a house-skewed game of chance -- in other words, that online poker simply is not like the other activities at which the bill is aimed, and should be exempted from the consequences of the bill.
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kcbradygirl
High Card


Joined: 02 Oct 2006
Posts: 3

PostPosted: Tue Oct 03, 2006 10:25 am    Post subject: It sucks, but make sure to vote in November! Reply with quote

I appreciate Full Tilt making their policy clear. It is reassuring that they have clearly thought about their customers' reaction to this issue.

This will end up getting litigated through the court systems, until it's determined who gets what and how much pie, then all will be right and suddenly, the families that online gaming is tearing to shreds will suddenly not seem so important. But I do appreciate that Full Tilt was proactive in addressing the concern, and it makes me reaffirm my decision that this was a good site to support.

I'm sorry...see my soapbox here...

I do NOT, however, appreciate the ruling party using this issue as a smokescreen. Pay no attention to Foley the Pedophile or the emails they are printing that he sent to a teenage boy.....ONLINE GAMING IS RUINING THE FABRIC OF OUR FAMILIES!!! Frist and Co. popped this rider onto a Port Security Bill, knowing full well there is NO candidate, Dem or Republican, who would vote against this Bill one month before a major election. They use the excuse that it's ruining our family values. (But they have kept the Foley thing quiet for over a year.) So, I guess Frist thinks that it's OK to send emails to teenage boys telling them what 'Hot Young studs' they are (the emails are quoted all over the place.), but use the internet to bet! FOR SHAME!!!!

It sucks, but the best way to protect your freedoms is to vote and to let those you vote for know you are paying attention!
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htrain3434
Flush


Joined: 12 Jul 2006
Posts: 136

PostPosted: Tue Oct 03, 2006 12:59 pm    Post subject: Reply with quote

I am definitely on the side of the online poker industry. But when Bush signs the crazy language in this law full tilt will have to protect the pros that make this site what it is. The government will go after the pros next to ensure they are not marketing Full Tilt Poker anymore.

It's a sad day in this country when you lose your freedom of choice. It's time to move to Vegas where the land of the free still means something.
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PocketQueens90
High Card


Joined: 28 Sep 2006
Posts: 10

PostPosted: Tue Oct 03, 2006 3:07 pm    Post subject: Reply with quote

acesfullokings9 wrote:
htrain3434 wrote:
Full Tilt will eventually cave in. When the government threatens the pros they will do the right thing and freeze U.S. accounts.

It's time to move to Vegas where the land of the free still means something.


Do the right thing? Who's side are you on. There is nothing right about this. I am not an American but I do realise that a ban would affect all of us that play online poker, and I applaud Full Tilt for not just hitting the panic button and just freezing the US accounts. Plus if the law is grey on what is legal and illegal, then that means their is no reason the pros would have to stop playing.


I agree, there is absolutely no reason for FTP to cave in. Why would they put pressure on the pros? Its not even illegal to play poker online according to the bill.... The pros aren't any different from anyone else in regards to the bill.
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Baby Boy Richie
Flush


Joined: 10 Oct 2005
Posts: 128
Location: Texas

PostPosted: Tue Oct 03, 2006 4:16 pm    Post subject: Reply with quote

htrain3434 wrote:
The government will go after the pros next to ensure they are not marketing Full Tilt Poker anymore.


From what I understand, I don't think marketing has anything to do with it. Most commercials and print ads market fulltiltpoker.NET, not .COM. .NET is the free site, and you certainly can't "loose your house with a click of the mouse" at a free site....
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