• Hi Guest - Come check out all of the new CP Merch Shop! Now you can support CigarPass buy purchasing hats, apparel, and more...
    Click here to visit! here...

Oline Poker

donzz

donzz

Member
Joined
Jul 19, 2008
Messages
949
Any other players? How much are you out with the siezures ? I had turned 25 into 208
Does anybody think we will ever see that money?


Don
 
???

Edit: Now I see what you mean. Best of luck getting the funds out ... it doesn't appear likely though.
 
Pokerstars? They keep the player's funds in a seperate account not in the US. Now ask me if they will have to turn those funds over to the US in a deal? I don't know.
 
Unfortunate that the Govt. seized all of the sites...I think your SOL with your $, the checks used to be sent by Bank of America, etc., but given the pending money laundering charges...I'd consider it a loss. Not to mention, pursuing that $200 isn't worth the potential side effects that could come down on you for soliciting the site.
 
I feel for you guys that took a hit. This makes me really happy I stopped playing when this became an issure 5-6 years ago.
 
I quit playing with my money about 5 years ago. I still play, but I am in the free room playing with fake money. I think in total I am probably out about 75 bucks.
 
Fat chance anyone will ever see their money again, unless of course Online Poker (for cash) becomes legal in the U.S. again. I lost several hundred dollars as well with Full Tilt Poker. Just chock it up to one of life's lessons and move one. Unless their is a major class action suit, which seems unlikely in this case, it is too cost prohibitive for most casual users who have a few hundred bucks there to legally get their money back.
 
oscar said:
Pokerstars is good Ive never had a problem with them
Click to expand...

Did you even read the thread or are you just responding to this to get you post count up. I see you are responding to a lot of older treads today.
 
Supposedly you can cash out if you're on Pokerstars. If you go to the cashier it gives you a popup with info on how to cash out. I only had $38 in there but I'm glad I'm getting it back...it says it can take up to 8 days to get it so we'll see what happens.
 
My ex wife works for pokerstars. In fact poker is what ruined my marriage.
This has put a damper on her job as a schill for the site. She's now driving to Tiajuanna where here and some of her schill friends are hold up in a condo where they "work" as she calls it. She's now talking about setting up a VPN from the Mexico place to her house here. She's been told it's a safe way to resume her schill lifestyle. Ha ha I hope they get her ass.
 
How do you "shill" for a poker site? What all does that entail?
 
So if I am reading this correctly, pokerstars employs schills? Can't say I am not suprised.

To answer the question, I believe schills would be something like the following. Say you have 7 players, 6 of them schills. Everything looks kosher to that 7th guy, however the other 6 know exactly what each other are holding and how to bet it so the 7th guy will have a stack of money in, only to lose it to one of the other 6. It really matters not who wins if the 7th guy folds because the money for the other 6 is all going to the same place. What matters is the 7th guy, in the end, loses his money.

A similar thing happened and still happens on pretty much any auction site on the net. Take ebay for example. Seller "A" posts his brand new $7000 70in LCD TV (that maybe he paid $3000 for) up for auction for $500 minimum, no reserve. Bidding ensues for a few days. As the end of the auction nears, Buyer "A" has placed a high bid and people are bidding it up but maybe its only at $2000. Seller "A" calls his buddy(the schill)...hey bid this auction for me...and in the final minutes, the schilling ensues bidding the auction say into the $5000 range. Auction ends and buyer A spends $5000 on something he probably would have only spent $3000 for if the schill wasn't in place.

There is risk in both places....sometimes the cards turn on the schill and they get beat, and that guy leaves before they win it back. Same thing in the auction, sometimes the schill bids too much, wins the auction and now the seller has to cover all the fees and ends up losing on the deal. Sucks and a shitty way to do business. Then again, if it looks too good to be true...it probably is, right?
 
{tpc} said:
So if I am reading this correctly, pokerstars employs schills? Can't say I am not suprised.

To answer the question, I believe schills would be something like the following. Say you have 7 players, 6 of them schills. Everything looks kosher to that 7th guy, however the other 6 know exactly what each other are holding and how to bet it so the 7th guy will have a stack of money in, only to lose it to one of the other 6. It really matters not who wins if the 7th guy folds because the money for the other 6 is all going to the same place. What matters is the 7th guy, in the end, loses his money.

A similar thing happened and still happens on pretty much any auction site on the net. Take ebay for example. Seller "A" posts his brand new $7000 70in LCD TV (that maybe he paid $3000 for) up for auction for $500 minimum, no reserve. Bidding ensues for a few days. As the end of the auction nears, Buyer "A" has placed a high bid and people are bidding it up but maybe its only at $2000. Seller "A" calls his buddy(the schill)...hey bid this auction for me...and in the final minutes, the schilling ensues bidding the auction say into the $5000 range. Auction ends and buyer A spends $5000 on something he probably would have only spent $3000 for if the schill wasn't in place.

There is risk in both places....sometimes the cards turn on the schill and they get beat, and that guy leaves before they win it back. Same thing in the auction, sometimes the schill bids too much, wins the auction and now the seller has to cover all the fees and ends up losing on the deal. Sucks and a shitty way to do business. Then again, if it looks too good to be true...it probably is, right?
Click to expand...

A schill as typically defined in regards to poker is a player that plays with the casino's money. They are used to start games and enter games that are in danger of breaking. To my knowledge very few casinos utilize schills and I would be suprised to learn Pokerstars used schills in either the typical poker definition or as described above. Most casinos, if they use players in this manner employ proposistion players. Proprosistion players earn a wage for playing but play with their own money. they have to play when and in whichever game they are told.

Most serious players used software to track their and their opponents play and many have huge databases with millions of hands. They search these databases looking for patterns that indicate collusion which are the actions described above and pokerbots. It would not take very long for collusion as you described to be noticed. Once word got out that a site allowed cheating or didn't punish it quickly, the player pool dropped off dramatically, like Ultimate Bet and Absolute Poker, after the superuser scandal, their action dropped dramatically and never recovered.

There is so much money made from running the site, it would be stupid to risk losing that much cash flow by allowing or participating with cheaters.

Ap/UB superuser scandal the former owner of the site was the cheater along with close friends and family members. He kept a backdoor or something where he and the other cheats could see the other players hole cards. They were outed by the other players as I previously described when searching their databases, they discovered players with excessive win rates.
 
Thanks for the clarification SB, I stand corrected. :)
 
Thanks for the definition guys. I always wondered if this type of thing was being done on Pokerstars or any other online site. It seems like I never won any money when playing in cash games but I did well in the sit-n-go tournaments. Of course I like tournament style better even when playing in home games.
 
GregSVT said:
Thanks for the definition guys. I always wondered if this type of thing was being done on Pokerstars or any other online site. It seems like I never won any money when playing in cash games but I did well in the sit-n-go tournaments. Of course I like tournament style better even when playing in home games.
Click to expand...

Tournaments and cash games require very different strategies and it is rare to find a player that excells in both.
 
donzz said:
Any other players? How much are you out with the siezures ? I had turned 25 into 208
Does anybody think we will ever see that money?


Don
Click to expand...


Dear Andy,

Return of Player Funds Update

No issue is more immediate to PPA members and leadership than the return of player funds. The PPA believes, as it has since Black Friday, that while the government has targeted the online poker sites, it is the players who have been the victims.

Thankfully, one affected online poker site has been able to fulfill its obligations. We commend PokerStars for repaying its U.S. players in an efficient and timely manner. It was reported earlier this month that they have returned more than $100 million in players’ accounts. PokerStars continues to be the most popular site for players around the world, no doubt in no small measure due to their fiscal and customer policies.

Unfortunately, the other sites targeted on Black Friday -- Full Tilt Poker, Ultimate Bet and Absolute Poker -- have been unable to do the same and their U.S. customers are understandably angry.

Recently (5/30/11), Full Tilt Poker provided an update to players about status of player funds. Regrettably, no specific timeline was provided on return of funds. Full Tilt Poker continues to maintain, as they have to the PPA directly in the past, their intention to refund players in full. As far as we are aware, there have been no recent updates provided by Ultimate Bet and Absolute Poker. Each passing day without communication -- or refunds -- increases harm to the players.

Currently there exists no legal or civil authority by which the PPA could force or require that players be paid immediately. The PPA does, however, have an obligation to represent our membership of over 1.2 million U.S. poker players and we again publicly call on Full Tilt Poker, Absolute Poker and Ultimate Bet to fulfill their promises to allow U.S. players to cash out their account balances and to do so sooner rather than later, despite what difficulties may exist. Players relied on assurances by these sites that their money would be safe and these sites must honor their commitments to the players. The immediate return of U.S. player funds must be the top priority of all the parties involved.

We will continue to press these poker sites for concrete responses which we can pass on to our members in the very near future.
PPA Fly-In Follow Up

Last week the PPA and a team of our State Directors and poker advocates came to Washington DC to lobby for Internet poker regulation. We met with more than 130 Congressional offices and helped educate lawmakers and their staff about the benefits of regulation. We also heard from some of our supporters at a rally held on the Capitol Lawn. At the rally Representative John Campbell (R-CA), who is the lead sponsor of HR 1174, stressed the importance of the poker community contacting their members of Congress. He says that lawmakers need to hear that their constituents and that we must make our voices heard. Click here to hear what Congressman Campbell had to say about poker player advocacy.

If you have not already sent a letter to your lawmaker asking that they support your poker freedoms, you must do so TODAY. Click the button below and in 60 seconds you can email your Representative and two Senators:




Proud to play,

Senator Alfonse D’Amato
PPA Chairman
________________________________________

The PPA wishes to keep active members like yourself updated on the latest poker advocacy news by periodically sending out select events and headlines. We hope you find it informative and thank you for your continuing support.
________________________________________
Headlines:
Joe Barton Introducing Online Poker Bill in U.S. - PocketFives.com (05/26/2011)

Online poker bill pitched to Bono Mack - MyDesert.com (05/29/2011)


Senate OKs measure to give Nevada boost in online poker - The Las Vegas Sun (05/30/2011)

Online poker's transition hand - Pittsburgh Tribune-Review (05/31/2011)

World Series of Poker starts in Las Vegas - Seattle Post-Intelligencer (05/31/2011)

Shutting down online poker invades privacy, destroys jobs - Baltimore Sun (06/01/2011)




________________________________________

• Read more news, click here

• Receive PPA featured headlines on a daily basis, click here


• Tell a friend to sign up by going to theppa.org/subscribe

• Unsubscribe from this email, click here
(note: This will not unsusbscribe you from the PPA Newsletter or Action Alerts).
 
You must log in or register to reply here.
Top