Online poker has NEVER had ANY problems

N

Nutcracker69

Visionary
Silver Level
Joined
Nov 10, 2015
Total posts
692
Chips
0
Greetings! Today please enjoy your monthly reminder that these two independent sites (owned jointly) had certified RNGs, celebrity spokespeople and 99% of the poker public defending them until the day they became undefensible.

This stuff isn't "conspiracy" it's proven FACT.

Sorry for using wikipedia as the link but I felt like being lazy:

https://en.wikipedia.org/wiki/Cereus_Poker_Network

And then the highlights here when playing knowing hole cards seems like too much work compared to outright theft:
"On September 20, 2011, the U.S. Justice Department accused certain Full Tilt principals of defrauding poker players out of more than $300 million. The U.S. Attorney in the Southern District of New York filed a motion to amend an earlier civil complaint to allege that company directors Chris Ferguson, Howard Lederer, Rafe Furst, and Ray Bitar operated what the Justice Department claims was a Ponzi scheme that allowed the company to pay out $444 million to themselves and other owners, which included other famous poker players.[28][29] A lawyer for Ferguson has denied the allegations, suggesting that the issues may have been the result of mismanagement rather than malice.[30][31] Bitar surrendered to authorities on July 2, 2012, to deal with the civil and criminal case that is pending against him in New York .[32] On April 15, 2013, Bitar reached a deal with prosecutors to plead guilt to criminal charges, and was sentenced to time served and ordered to surrender his assets, rumored to include various homes and $40 million in cash.[33]"
 
quick

quick

Legend
Silver Level
Joined
Jun 17, 2010
Total posts
1,348
Awards
1
Chips
67
Yeah people glorified and glamorized Enron too at one point. Thought the company was the greatest thing since sliced bread and could do no wrong.

Not to point out the obvious here but what difference does it make that both companies you mention had certified RNGs, celebrity spokespeople and 99% of poker public on their side when the fall out was due in one case to a single individual actively cheating the software and in the other case was a handful of people mismanaging financials?

Any company big or small can become undone thanks to a few bad actors. Every industry has had problems. Not defending Hamilton here in the least nor am I defending Full Tilt's stupidity for not having separate player accounts, but your statement is true in many industries.

I get that this is a poker forum but you're bringing up years old news for?
 
ScooperNova

ScooperNova

Hair in a Biscuit
Loyaler
Joined
Sep 25, 2012
Total posts
2,401
Awards
3
US
Chips
386
I think it's a more a reflection of the current state of online poker in the US. Just because nutcracker seems a little angry in every post doesn't make it false.

If the big legitimate sites were rampant with cheating, can you believe the illegitimate sites of today are on the up and up with their crap software and horribly rude and ignorant support teams?
 
P

PackAnotherBowl

Rock Star
Silver Level
Joined
Jun 5, 2012
Total posts
313
Awards
1
Chips
0
This isn't even possible at Bovado
 
N

Nutcracker69

Visionary
Silver Level
Joined
Nov 10, 2015
Total posts
692
Chips
0
Yeah people glorified and glamorized Enron too at one point. Thought the company was the greatest thing since sliced bread and could do no wrong.

Not to point out the obvious here but what difference does it make that both companies you mention had certified RNGs, celebrity spokespeople and 99% of poker public on their side when the fall out was due in one case to a single individual actively cheating the software and in the other case was a handful of people mismanaging financials?

Any company big or small can become undone thanks to a few bad actors. Every industry has had problems. Not defending Hamilton here in the least nor am I defending Full Tilt's stupidity for not having separate player accounts, but your statement is true in many industries.

I get that this is a poker forum but you're bringing up years old news for?

Actually, if you read it, it is about how 2 companies, not 1 were rife with cheating scandals. You're right, one was just one guy and the other was more. Then obviously full tilt had their own issues.

Point is, people defended them then until they couldn't anymore. Same thing is going on today. It's like you guys bought a hooker and when "it" showed up it was a guy. But then you turn around days later and solicit the same company thinking "well, clearly THAT can't happen again."

A while back I talked online about how it concerned me that such large sums were being "loaned" out to pros with no apparent terms for repayment. Especially to people like Lindgren who has been well known for years for not repaying his debts. Much like the detractors here, I was told there was nothing to worry about.

LOL
 
N

Nutcracker69

Visionary
Silver Level
Joined
Nov 10, 2015
Total posts
692
Chips
0
Due to anonymity, collusion is rampant at blowvada.

[sarcasm]no way, man, when "player 12" bets and some calls around to the guy next to him "player 17" who min raises, allowing "player 12" to shove and take down the now overblown pot, there is CLEARLY nothing wrong with that![/sarcasm]
 
ScooperNova

ScooperNova

Hair in a Biscuit
Loyaler
Joined
Sep 25, 2012
Total posts
2,401
Awards
3
US
Chips
386
[sarcasm]no way, man, when "player 12" bets and some calls around to the guy next to him "player 17" who min raises, allowing "player 12" to shove and take down the now overblown pot, there is CLEARLY nothing wrong with that![/sarcasm]

lol
 
P

PackAnotherBowl

Rock Star
Silver Level
Joined
Jun 5, 2012
Total posts
313
Awards
1
Chips
0
poker sites exist to provide entertainment. Money is only secondary to these sites.
 
Top