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Read This and Understand What is Happening

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Read This and Understand What is Happening - Fri Apr 29, 2011, 03:58 PM
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Ace King 61's Avatar
Since: Jul 2010
Posts: 421
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This explains what is going on in detail:

http://www.relentlessdefense.com/our...ffice-on-tilt/
 
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Fri Apr 29, 2011, 04:30 PM
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roomik17's Avatar
Since: Aug 2010
Posts: 4,556
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great article there may be a glimmer of hope yet
 
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Fri Apr 29, 2011, 07:42 PM
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!!!111Dan's Avatar
Since: Jul 2010
Posts: 3,290
(A) means the staking or risking by any person of something of value upon the outcome of a contest of others,

I copied this little part from the article....this would make me a little concerned about staking. Some US players are staking those outside of the US. May want to think about that.
 
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Gambling - Sat Apr 30, 2011, 12:58 PM
(#4)
0HighTimes0's Avatar
Since: Apr 2011
Posts: 840
Isn't shareMarket / Banking Gambling to? THE WORLD SHAREMARKET IS GAMBLING so Then US Gov should do same with Company's/Banks the world over.

From Wikipedia, the free encyclopedia.
"Gambling is the wagering of money or something of material value (referred to as "the stakes" on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Typically, the outcome of the wager is evident within a short period."

Well I hope Its back to normal for the USA players soon, as by the look of it FBI/Gov dont have a hand just a bluff, looking at article.
 
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Sat Apr 30, 2011, 01:20 PM
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Cairn Destop's Avatar
Since: Jun 2010
Posts: 1,477
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I would love to see the legal brief filed by the prosecution to support the indictment. Yes, the article does infer there is nothing done wrong. However, it doesn't paint the web sites as the innocents either. Consider the trickery admitted by the article to circumvent the laws regarding money over the internet. Though the argument regarding harm can be used, they did engage in a deceptive practice by tricking the banks into thinking merchandise changed hands when it was facilitating gambling.

Though poker isn't called gambling in this article, I cannot see how anyone can consider this a game based solely on skill. The card distribution is a product of random chance. This is a point every web site emphasizes, the randomness of its deals. That is the chance element inherant to poker.

No doubt the legal-begals on both sides will be trying to clarify that point. If poker is ruled a game of chance, then the ATC player is vindicated. If poker is ruled a game of skill, those remaining in a pot after the hole cards are the fools. If, as I believe, poker incorporates elements of both skill and luck, the ruling from the judge could determine the outcome of any trial.

A ruling that poker is gambling will eliminate the American player. Eventually the weight of the judicial system will crush the smaller sites. I'm hoping common sense prevails, but then I must remember I'm talking about the Law.
 
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Sat Apr 30, 2011, 01:47 PM
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brkn80's Avatar
Since: Jul 2010
Posts: 440
heres a little more


http://www.24-7pressrelease.com/pres...law-209955.php
 
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Sat Apr 30, 2011, 03:03 PM
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Cairn Destop's Avatar
Since: Jun 2010
Posts: 1,477
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If I read the article correctly, Ultimate Bet agreed not to accept US customers for cash games. If that agreement is the settlement accepted by PokerStars and Full Tilt, the US players will be scattered to the four winds, playing on some of the more marginal sites. Hope PokerStars is greedy enough they will challenge such a restriction.
 
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Great Article - Sat Apr 30, 2011, 04:06 PM
(#8)
Razzys's Avatar
Since: Jun 2010
Posts: 241
Quote:
Originally Posted by Ace King 61 View Post
This explains what is going on in detail:

http://www.relentlessdefense.com/our...ffice-on-tilt/

Thank you Ace King, great article, there is hope
 

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