I wish this were true just so I could laugh in the face of all those "I quit my studies after one year and am now making a shitload of money with poker" dickheads.

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Then stop coloring and visit Meat187's mix archive!

my friend was able to withdraw 15 grand in wins these last few months from full tilt before they shut down.i was just watching him play a few days ago.when you see someone rack up 3500 bucks in a win from a game of omaha it makes you want to sign up and learn poker so bad

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Like illegal filesharing, i don't think it'll die. They'll find other ways.

quote:

Originally posted by Ash Parajuli Like illegal filesharing, i don't think it'll die. They'll find other ways.

I'm not sure if that's a good comparison.

File sharing happens because of whatever technology is available at the time. It used to be p2p, now torrents, etc.

To run a legal gambling site, like these, you have to have tons of permits, and abide by the gambling rules in which ever country you happen to be running the site in. No one in their right mind would join a dodgy, illegal gambling site, signing over their credit card details, etc.

In this case, from what I understand, they were running completely legally as a site. The problem is that they were (supposedly) laundering the funds/profits in various ways that were completely illegal. That's why they've been shut down.

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quote:

Originally posted by Sushipunk His name is Danny the rat.

fixed

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BA-DUM-TSS

quote:

ALFI - BOHICA - DJ MIX (Stream+Dropbox)

This is not the end of online poker, its only the start. Casinos have been buying out gambling sites and partnering up with them recently for something in the near future. I give it a few months before its legalized and the government starts getting their share from the sites and the players. This was just a way for them to clean house, and start over.

wait, so why exactly were they shut down? legit illegal activity or just the fact the government wasn't get a dime from their actions? to many this may be a ridiculous question

quote:

Originally posted by jupiterone wait, so why exactly were they shut down? legit illegal activity or just the fact the government wasn't get a dime from their actions? to many this may be a ridiculous question

Money laundering, pretty much.

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quote:

Originally posted by Sushipunk Money laundering, pretty much.

meh, way to get fucked in the asshole, i guess. i bet in the process all those head honchos had a:

Maybe if Bitcoin takes off people will start gambling for those. Tax-free, too.

I hope I'm not the first to say this

"Ladies and gentlemen, Mr Conway Twitty."

I made some serious cash with PokerStars...some of it I didn't get back yet.

This definitely sucks.