Online Poker Forum at Full Tilt Poker

Anacondan · Straight Joined: 12 Dec 2006 Posts: 112

How likely is it that my account could be closed and all the money in my account seized by FT if I stake a player and that player does something fraudulent? I could understand losing the money that I transferred to their account to stake them, but I would be extremely upset if my account was closed. The following link should be read to see why I am concerned. I would like a moderator to answer this if at all possible. Thank you.

http://pokerforums.fulltiltpoker.com/online-poker-play6404.html

Sorry, I am not sure how to make this a clickable link?

rockycatt · Posted: Sat Apr 05, 2008 7:55 am Post subject:

are you thinking on yhe level of staking some one ,or transfering mony for some one ??

RC

Anacondan · Straight Joined: 12 Dec 2006 Posts: 112

not sure i follow your question? But I am speaking specifically of transferring money to a player to stake them. Then my question is, if they do something fraudulant and their account is closed, will mine also be closed because I transferred them funds to stake them? (In other words, does FT assume that if a player does something fraudulant any other person transferring funds to or from that person is equally guilty?)

BBCOACH44 · Posted: Sat Apr 05, 2008 10:01 am Post subject:

Your link is clickable. As for staking, if you are uncomfortable about it,
then don't do it. I have sent funds to a few Forum Players that I
thought were worry of staking and so far everything has been OK.
Again, you need to feel 100% comfortable before do this.... Cool

Anacondan · Straight Joined: 12 Dec 2006 Posts: 112

Maybe I am just not being clear.
I am not uncomfortable with staking players, I have several hundred dollars staking multiple players at different sites. My comfort level has to do with the actions of FT in regards to my account. Specifically, and I wish a mod would take the time to address this concern, Is my entire [b]personal account[/b] at risk here for the actions of any players I stake .i.e. transfer funds too or from? I understand and accept the fact that the minute I transfer funds to another player, those funds are at risk in a multitude of ways. My account should not be at risk unless I am the one that committed the fraudulant act.
If I stake a player for $20 and at some future date FT decides that player did something fraudulant and decides to close and seize all funds in his account will they also do the same thing to anyone who previously made a transfer too or from his account? If the answer is "possibly" then I would like to know clearly what makes that determination?

MarkGreb · Message Board Junkie Joined: 29 Jun 2005 Posts: 1208

Possibly seems like the right answer.

Most of the posts where players accounts are locked do seem to have a transfer history with the fraudulent account.

It does seem that most receive a transfer from that account though, not to it.

rockycatt · Posted: Sat Apr 05, 2008 12:54 pm Post subject:

Anacondan · Straight Joined: 12 Dec 2006 Posts: 112

I am going to continue trying to get a discussion going, and hopefully a moderator will post the official FT stance on backing players. The following is quoted from clamper13 in the opening post (rules & regs) of "Rail Requests"

Quote
"BAP is an acronym for Buy A Piece.

It is an investment by several people into a player. The risks and rewards are shared among the investors and the player. A well managed BAP can be an enjoyable alternative to solo play, and can increase the sense of community on this forum.

In order to foster that sense and encourage continuous contribution to other sections of this forum, the following requirements are in effect.
1. Any member may invest in a BAP."
End Quote

If it doesn't suggest that FT encourages participation in Baps, FT certainly supports the idea. That being said, I believe it is the responsibility of FT to state officially what can and can not happen to your account if you participate in a Bap. The following is an example, but I would certainly be interested in any other realistic examples that others may think of.

Player A & B invests $50 each in Player C's Bap. Player C uses the $100 in several sng's and wins $300. The Bap agreement between the players resulted in Player A & B & C getting $100 each. FT determines at a later date that Player C is colluding/cheating with Player D and E at sng tables and freezes their accounts, as they should. Does FT 1.) freeze Player A & B's accounts because they have transferred funds both too and from player C? 2.) take only the $200 that Player C transferred to Players A & B? (easy to determine without the necessity of freezing the account) or 3.) Determine that Players A & B were victims of the fraud the same as the other players in the sngs and take only the amount that they were given in excess of their original Bap investment ($100), with that $100 being redistributed to the sng players?

Guess which answer I believe FT should embrace Smile

...and lest someone forget, my major concern here is the freezing of our accounts and taking our entire bankroll based on the fraudulent actions of others.

ManilaDog · Posted: Mon Apr 07, 2008 3:28 am Post subject:

The truth is that transfers of any type can cause you problems,depending on the activities of the other party.

There have been threads on the forums where peoples account have been temporarily locked due transfers where one or the other party was involved in fraud.

FullTilt seems to do a good job of investigating and re-opening the non-guilty peoples account.

You are much safer not to be involved in transfers,imo.I say that because you have NO idea what the other party is involved in.

Having said that,I dont know of any forum regulars who have had a problem that way.

pghbandit · Posted: Mon Apr 07, 2008 3:46 am Post subject:

It is odd that one of the Moderators or TilterRick hasn't answered this yet. It may be that they are checking to make sure they provide the "correct" answer. I know that quite a few folks here transfer funds, and participate in BAP's. It would be good to know where exactly we stand with this. It may change my whole view of transfers, and Bap's. Shocked

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