Online poker money frozen

Boo · 06-10-2009, 02:10 PM

Any of you guys have money that was frozen?

U.S. Deals Blow to Online-Poker Players - WSJ.com

jacobbigshow · 06-10-2009, 02:26 PM

I am totally on top of this, heard about this first thing this morning, according to the poker sites though it will not affect withdraws (for now). The US government sux, country going bankrupt and all of there efforts are on stopping people from playing poker. Sad to say it but in 50 years I don't think we will be a super power anymore. We are so much in debt, country is going in the wrong direction, we haven't won a war in 60+ years, all of the jobs are gone, we don't make anything anymore, how are we still so powerful.

gizmo675675 · 06-10-2009, 02:26 PM

Wow that sucks, and I was just going to put a few $$ on my jokerstars acct. But not now

CaptainBOHICA · 06-10-2009, 02:28 PM

Quote:

Originally Posted by jacobbigshow

I am totally on top of this, heard about this first thing this morning, according to the poker sites though it will not affect withdraws (for now). The US government sux, country going bankrupt and all of there efforts are on stopping people from playing poker. Sad to say it but in 50 years I don't think we will be a super power anymore. We are so much in debt, country is going in the wrong direction, we haven't won a war in 60+ years, all of the jobs are gone, we don't make anything anymore, how are we still so powerful.

i guess you dont think liberating kuwait back in '91 was a victory.

bmc398 · 06-10-2009, 02:39 PM

Quote:

Originally Posted by CaptainBOHICA

i guess you dont think liberating kuwait back in '91 was a victory.

Bingo...

Funny how some people see the dark side of everything...

danimal · 06-10-2009, 04:02 PM

We also beat Iraq in 2003 - George Bush said so on the flight deck of the USS Abraham Lincoln!

ricefan77 · 06-10-2009, 04:34 PM

Quote:

Originally Posted by bmc398

Bingo...

Funny how some people see the dark side of everything...

Don't get me wrong that was a great thing, but ur missing the bigger picture.

jacobbigshow · 06-10-2009, 05:04 PM

Quote:

Originally Posted by CaptainBOHICA

i guess you dont think liberating kuwait back in '91 was a victory.

Yea we did such a good job that we had to go back 12 more years later. Don't want to bring up politics so I won't, but we haven't won a war since WWII....we have only made the world worse since we armed and educated the people who are trying to kill us know. Great work, our government knows nothing about anything.

mwheeler27 · 06-10-2009, 05:49 PM

Quote:

Originally Posted by jacobbigshow

our government knows nothing about anything.

I think they know everything about nothing.

danimal · 06-10-2009, 06:31 PM

Barney Frank is online poker players best hope.

pac213up · 06-10-2009, 06:41 PM

The most ridiculous part of this is it was added to a Port Security Anti Terrorism bill which basically handcuffed a vote against it. The scumbag who added it had previously been denied so he backdoored it. That is why voting records mean absolutely nothing! They tag so many unrelated items on you do not know what someone is voting for or against. The online poker issue will work itself out but it's going to take some time.

fungi2510 · 06-10-2009, 06:49 PM

I find this thread amusing. It has been illegal for a long time. You are just justifying breaking laws with these complaints. I think the government should be a little more than just a war machine.

pac213up · 06-10-2009, 06:56 PM

Quote:

Originally Posted by fungi2510

I find this thread amusing. It has been illegal for a long time. You are just justifying breaking laws with these complaints. I think the government should be a little more than just a war machine.

Can you explain how an individual is breaking the law?

Online Poker Ban - Why and Where you can Still Play

Is Online Poker Legal in the US? - Analysis of Internet Poker Laws

fungi2510 · 06-10-2009, 07:13 PM

It is circumvention. You know this man.

ohiomike · 06-10-2009, 07:26 PM

To pretend that online gambling is legal because the laws written well before home computers existed don't specifically state online gambling is illegal is pretty much grasping at straws. The technology did not exist when the laws that govern and regulate gambling were written and it was only a matter of time before this loophole was closed, and quite frankly I'm surprised its taken this long.

pac213up · 06-10-2009, 07:28 PM

Quote:

Originally Posted by fungi2510

It is circumvention. You know this man.

To circumvent there needs to be a law against it, which except for a handful of states, does not exist. The Unlawful Internet Gambling Enforcement Act deals with financial institutions transferring money. If it was clearly illegal you would think with millions of players over the last decade you would have one Federal prosecution but of course there is none and will continue to be none which is why they are going after banks.

ohiomike · 06-10-2009, 07:40 PM

I highly doubt federal prosecutors have any interest in going after individuals who use the online gaming sites. Those individuals have done nothing wrong. And putting a freeze on the assets of these sites is not freezing individuals money... it will be these sites responsibility to maintain liquidity even through the freeze. If this leads to a "run" on the assets of these sites, or these sites stop paying out account balances to their customers, then that will be on the head of the companies involved. The consumers will be protected to the extent that the law allows. But if these places start filing for bankruptcy, good luck getting any money from them if you are a customer of theirs. The individuals that use these sites will never be in any legal trouble... but it will be a gigantic case of "buyer beware" when giving/holding any money to/with these companies from here on out.

pac213up · 06-10-2009, 08:24 PM

Quote:

Originally Posted by ohiomike

To pretend that online gambling is legal because the laws written well before home computers existed don't specifically state online gambling is illegal is pretty much grasping at straws. The technology did not exist when the laws that govern and regulate gambling were written and it was only a matter of time before this loophole was closed, and quite frankly I'm surprised its taken this long.

The real debate is how Poker specifically falls into gambling laws, or if it does at all. Without question a bill will pass in the next 5 years clearly allowing and regulating Poker and distinguishing it as a game of skill.

pac213up · 06-10-2009, 08:25 PM

Quote:

Originally Posted by ohiomike

I highly doubt federal prosecutors have any interest in going after individuals who use the online gaming sites. Those individuals have done nothing wrong. And putting a freeze on the assets of these sites is not freezing individuals money... it will be these sites responsibility to maintain liquidity even through the freeze. If this leads to a "run" on the assets of these sites, or these sites stop paying out account balances to their customers, then that will be on the head of the companies involved. The consumers will be protected to the extent that the law allows. But if these places start filing for bankruptcy, good luck getting any money from them if you are a customer of theirs. The individuals that use these sites will never be in any legal trouble... but it will be a gigantic case of "buyer beware" when giving/holding any money to/with these companies from here on out.

Correct. The individuals have done nothing wrong. Actually this will be a good thing in the long run because it will push real legislation forward.

CaptainBOHICA · 06-10-2009, 08:28 PM

Quote:

Originally Posted by jacobbigshow

Yea we did such a good job that we had to go back 12 more years later. Don't want to bring up politics so I won't, but we haven't won a war since WWII....we have only made the world worse since we armed and educated the people who are trying to kill us know. Great work, our government knows nothing about anything.

apples and oranges. check your history buddy. desert storm was about liberating kuwait....the end game, was about liberating kuwait.

and whether you agree with our current administration or not, and regardless of what you think of our last administration, our government that doesn't know "nothing about anything" has allowed you to enjoy the freedoms that you enjoy today - you ungrateful schmuck. try doing the things you do now in other non-democratic countries.

jlzinck · 06-11-2009, 09:47 AM

Quote:

Originally Posted by danimal

Barney Frank is online poker players best hope.

...and being from Massachusetts this scares the hell out of me.

The main sites will find a way around this. I have withdrawn quite a bit of money since the UIEGA went into effect and I will withdraw more.

jacobbigshow · 06-11-2009, 09:51 AM

Quote:

Originally Posted by jlzinck

...and being from Massachusetts this scares the hell out of me.

The main sites will find a way around this. I have withdrawn quite a bit of money since the UIEGA went into effect and I will withdraw more.

And so have more and more people, it has been harder and harder to win as more and more fish leave online poker and only the sharks are left.

jlzinck · 06-11-2009, 01:42 PM

Quote:

Originally Posted by jacobbigshow

And so have more and more people, it has been harder and harder to win as more and more fish leave online poker and only the sharks are left.

There will always be the Euro trash to pilfer!!!

06-10-2009, 02:10 PM	#1 (permalink)
Boo Member Join Date: Jul 2007 Location: PA Posts: 2,546 kaboo22 klay22	Online poker money frozen Any of you guys have money that was frozen? U.S. Deals Blow to Online-Poker Players - WSJ.com __________________ CheckOutMyCards ID = klay22 http://s1058.photobucket.com/albums/t403/klay22/

06-10-2009, 02:26 PM	#2 (permalink)
jacobbigshow Member Join Date: Aug 2007 Location: NJ Posts: 2,930 jacobbigshow Jacobbigshow	I am totally on top of this, heard about this first thing this morning, according to the poker sites though it will not affect withdraws (for now). The US government sux, country going bankrupt and all of there efforts are on stopping people from playing poker. Sad to say it but in 50 years I don't think we will be a super power anymore. We are so much in debt, country is going in the wrong direction, we haven't won a war in 60+ years, all of the jobs are gone, we don't make anything anymore, how are we still so powerful. __________________ checkoutmycards.com/Users/jacobbigshow

06-10-2009, 02:26 PM	#3 (permalink)
gizmo675675 Member Join Date: Jul 2008 Location: Portland...rip city Posts: 3,183 gizmo675675	Wow that sucks, and I was just going to put a few $$ on my jokerstars acct. But not now __________________ LOOKING FOR NICOLAS BATUM & KEVIN DURANT cards I dont have already.

06-10-2009, 06:41 PM	#11 (permalink)
pac213up Member Join Date: Aug 2007 Posts: 3,283 craftyvet	The most ridiculous part of this is it was added to a Port Security Anti Terrorism bill which basically handcuffed a vote against it. The scumbag who added it had previously been denied so he backdoored it. That is why voting records mean absolutely nothing! They tag so many unrelated items on you do not know what someone is voting for or against. The online poker issue will work itself out but it's going to take some time. __________________ "Show me a good loser and I'll show you a loser." - Red Auerbach

06-10-2009, 06:49 PM	#12 (permalink)
fungi2510 Member Join Date: Jul 2007 Posts: 5,078 mkeil1980 fungi2510	I find this thread amusing. It has been illegal for a long time. You are just justifying breaking laws with these complaints. I think the government should be a little more than just a war machine. __________________ Check Out My Cards ID = fungi2510 Check me out on Sport Lots. http://www.sportlots.com/inven/invenbin/dealerpage.tpl?dealer=mkeil250

06-10-2009, 04:02 PM	#6 (permalink)
danimal Member Join Date: Jul 2007 Location: Martinez, GA Posts: 2,488 adona72001 danielbaker1	We also beat Iraq in 2003 - George Bush said so on the flight deck of the USS Abraham Lincoln!

06-10-2009, 06:31 PM	#10 (permalink)
danimal Member Join Date: Jul 2007 Location: Martinez, GA Posts: 2,488 adona72001 danielbaker1	Barney Frank is online poker players best hope.

06-10-2009, 07:13 PM	#14 (permalink)
fungi2510 Member Join Date: Jul 2007 Posts: 5,078 mkeil1980 fungi2510	It is circumvention. You know this man. __________________ Check Out My Cards ID = fungi2510 Check me out on Sport Lots. http://www.sportlots.com/inven/invenbin/dealerpage.tpl?dealer=mkeil250

06-10-2009, 07:26 PM	#15 (permalink)
ohiomike Member Join Date: Mar 2009 Location: Northeast Ohio Posts: 3,621 buckeyesportcards ohiomike	To pretend that online gambling is legal because the laws written well before home computers existed don't specifically state online gambling is illegal is pretty much grasping at straws. The technology did not exist when the laws that govern and regulate gambling were written and it was only a matter of time before this loophole was closed, and quite frankly I'm surprised its taken this long. __________________ Find me at SPORTLOTS.COM - OHIOMIKE Domestic orders over 50 cards ship ABSOLUTELY FREE with me, copy and paste this URL: http://www.sportlots.com/inven/invenbin/dealerpage.tpl?dealer=ohiomike

06-10-2009, 07:40 PM	#17 (permalink)
ohiomike Member Join Date: Mar 2009 Location: Northeast Ohio Posts: 3,621 buckeyesportcards ohiomike	I highly doubt federal prosecutors have any interest in going after individuals who use the online gaming sites. Those individuals have done nothing wrong. And putting a freeze on the assets of these sites is not freezing individuals money... it will be these sites responsibility to maintain liquidity even through the freeze. If this leads to a "run" on the assets of these sites, or these sites stop paying out account balances to their customers, then that will be on the head of the companies involved. The consumers will be protected to the extent that the law allows. But if these places start filing for bankruptcy, good luck getting any money from them if you are a customer of theirs. The individuals that use these sites will never be in any legal trouble... but it will be a gigantic case of "buyer beware" when giving/holding any money to/with these companies from here on out. __________________ Find me at SPORTLOTS.COM - OHIOMIKE Domestic orders over 50 cards ship ABSOLUTELY FREE with me, copy and paste this URL: http://www.sportlots.com/inven/invenbin/dealerpage.tpl?dealer=ohiomike

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