GG, online poker

[Neil]

This is a good example of how having ridiculous, unenforceable laws breeds contempt for the entire legal system.

[Ed Anger]

I hope my 10K in fake money is still at Pokerstars.

[MadImmortalMan]

There is already talk here of starting it up in Nevada and having an exemption for us. 

[Ed Anger]

I've always wanted to be in a poker tournament and piss off Phil Hellmuth.

[Drakken]

I still have about 350 bucks on my FTP account.

[DGuller]

I have about $3,500 on PS.    At least I had enough foresight to completely bust my bankroll on Full Tilt.

[Admiral Yi]

I imagine pros are going to get clobbered on sponsorships.

[Maximus]

I've always wanted to be in a poker tournament and piss off Phil Hellmuth.

I'd pay to see him get punched.

[Ed Anger]

I see a new business opportunity.

Send me to Vegas to punch a poker pro.

[Razgovory]

Linksys?

I have a Linksys.  The damn thing gives me all kinds of trouble.

[sbr]

http://www.businessinsider.com/boy-genius-online-poker-scandal-2011-4

Meet The Boy Genius Who Just Took Down The Online Poker Industry

The internet is still coming to grips with the huge online gambling bust that just took down the U.S.'s three biggest online poker sites.

But Australia's Courier-Mail newspaper already has the scoop on the one man who may have single-handedly built the online industry ... then handed it to the U.S. government on a platter.

According to this story, Daniel Tzvetkoff was a young Australian entrepreneur who set up the payment processing schemes used by the biggest poker sites to handle their (mostly illegal) transactions.

He is described by those who know him as a "boy wonder" and "genius" who started his first company at 13 and knew all the intricacies of e-commerce.

He made Full Tilt Poker and Poker Stars millions of dollars — and made as much as $150,000 a day for himself — but then got even more greedy and started taking their. They sued him, accusing Tzvetkoff of taking more than $100 million of their money.

Then last April, Tzvetkoff was arrested in Las Vegas and charged with the same crimes those sites' founders were charged with today: money laundering, bank fraud, wire fraud. As an Australian citizen with a lot of cash, he was considered a flight risk and denied bail.

Then after a "secret" meeting with prosecutors last August, he was suddenly out on bail. And now his former colleagues are the ones facing serious prison time.

Daniel Tzvetkoff knows the operations of these poker sites inside and out. It was knowledge of the financial industry that allowed them to operate. He's the one man positioned to give the U.S. Attorneys everything they needed to take down their businesses.

And it looks like that's exactly what he did, cooperating with the authorities to avoid his own lengthy jail sentence.

All the major gambling prosecutions in the U.S. since Tzvetkoff's arrest have been run out of the office of Arlo Devlin-Brown, the Manhattan Asst. U.S. Attorney who is Tzvetkoff's "handler."

According to a source, Tzvetkoff "knows how to reverse-engineer transactions to determine its original source," making him very valuable to investigators.

And the biggest irony of all? It's been rumored that the only reason the FBI got their hands on him is because Full Tilt or Poker Stars (the companies he used to work for and stole from) tipped off the FBI that he was going to be traveling to the United States last year.

They ratted him out ... and he turned the tables. No honor among thieves.

And as the Courier Mail put it, if this were still the old days, he'd buried in the Las Vegas desert right now.

[stjaba]

I have about $3,500 on PS.    At least I had enough foresight to completely bust my bankroll on Full Tilt.

Don't worry, I'm sure you will be able to sell it to a Euro for fifty cents on the dollar.

[Habbaku]

 

[DGuller]

I have about $3,500 on PS.    At least I had enough foresight to completely bust my bankroll on Full Tilt.

Don't worry, I'm sure you will be able to sell it to a Euro for fifty cents on the dollar.

Not if Pokerstars is closed down.  And even if it isn't, they still technically prohibit transfers as an extra-site bank transfer scheme.

[Grey Fox]

I used to play on Pokerroom.com, site appears to be operating normally.