2011 4KSOP will be at Full Tilt

[Poker Orifice]

I really hope they manage to weather the storm through all of this. Fulltilt has always been by far my favourite of all the online poker sites.. by a landslide.

Kinda crazy that they were bankrolling all those deposits that never actually went through (to the tune of an estimated $60mil),... and that soooo many US players were continuing to play (& redeposit) when their deposits weren't getting taken from their bank accounts. I actually read a few posts about this, where forum member says (usually a new member), "Hey.. I dep. on FTP & it hasn't gone through from my bank acct. yet. It was 8wks ago & it still hasn't gone through. What do you think I should do? (should I leave 'x' dollars in acct. to cover it for when it does go through? or should I just close my acct.)" Not going to go into detail about answers for that one... but did find it weird to see posts like that & wondered if there were some degens. who lost $5k deposits, didn't have them go through so they chose to re-deposit/lose, again & again.
Now hearing things brought to light.... it seems there was actually ~$60mil that went this way. I suppose to keep on running the site, in hopes of getting it processed (while making $'s hand over fist) & keeping US players going would've been okay if they'd never had to liquidate their assets.. or had something like this DoJ thing go down.
Can't imagine the accounting complications now with payouts... ie. JoeBlow has $4k in his account.. 'but' he also has $17k in deposits that never went through his bank. (or vice versa... Josephine Blow deposits $2k (which doesn't go thru) then binks a tourney for $10k). Just seems like a HUGE mess. Who would know where to start with it all? (as I heard others suggest > payout a bunch of the smaller accounts first, to take care of a larger number of customers from US, then payout a % of the bigger ones over a period of time.
I can't imagine that Fulltilt isn't still making some decent bucks in their daily operations.
Really hope things get sorted out.... I would hate to think my Fulltilt hats & t-shirts might one day become collectors items.

[scrawnybob]

hi

Its a mess and as you have described PO its looks like a nightmare to sort out I think with the way they haven't been as organised as they should have been

also if you look at Fulltilt's reply to Iveys suit it suggests that HE actually owes them money ...

now think about that for a minute, what if he has been one of the players who has had credit on his account but the funds have never got out of his bank account ???

that could be millions FTP feels he owes them and not the other way round

and in the possibility of other higher stakes players and the situation just got even more political

Thankfully NB drew my attention to an interview with Tony G who has come out publically and said what was crossing peoples minds that Ivey suit is to stitch FTP up for his gain

I guess he doesnt worry about the dangers of getting sued like I would but clearly there is ALOT more to Ivey's moves and certain has zero to do with player interests IMHO

Tony Guoga Discussing Full Tilt Poker Dead Line on QuadJacks Poker Radio | Quadjacks | Poker Radio | Poker Videos

however I differ slightly on TongG's opinion that is all over -

Yes its a mess and a mess people have intentionally made worse but I think the account issue is sortable and the value of the business is still there but ONLY if the US players are paid out

so this makes me optomistic that things will sort out - as long as the non US players dont get spooked like Ivey seems to be hoping they will with his suit

cheers SB

[Assistanc3]

All this negative talk about the issues with poker in the USA distracted me from the fact this thread was about the 4KSOP, to the point it didn't look like it was going to run.

[scrawnybob]

hi

yep the 4KSOP 2011 is running

however I appreciated that alot more was going to be about choice of FT and not a US facing site ... I didnt expect issues at FT "get worse" to happen as soon as I had sorted the games out there

at the same time things IMHO have got worse at most of the remaining US facing sites so its all a bit of an unknown ...

not the time to be trying to organise a league really ... but hopefully we might all have a better picture of things in a couple of months

cheers SB

[Poker Orifice]

I really wish I hadn't missed some of these games. The two I played in real REALLY enjoyable!!! (something that most micro stakes poker just 'isn't' for me at all).

Going to do my best to make it out for the last two games & if I had it to do over again, I'd for sure play in ALL of them!!

Thanks again for holding these games Bob... very much appreciated!!!

[Poker Orifice]

Highly recommend others to come out & play in the last two games!!

Today I was playing/enduring one of the Fantasy Freerolls I'd won an entry to (Event#10 6max) & on about the 10th table I got moved to I see I have a 'tag' on one of the players & then check my notes on them to see, "4kingpoker$" (which means, played in a 4kingpoker buyin.... this was back when there were also some FTP 4king freerolls happening). I striked up some conversation with the player & he says, "wow.. that must've been years ago because I haven't played in yrs."
Then went on to tell him about the 4KSOP league goin' on right now so hopefully he'll come out & join us.

[scrawnybob]

hi Poker Orifice

nice one - really appreciate that and hopefully we can get better turnouts for the last two games in the 4KSOP ...

they are the most important ones really as they are like the WSOP main event and the WSOP Players Championship ...

so the most highly regarded ones to win ... hint hint ;-)

cheers SB

[scrawnybob]

hi All

As I am sure you are all aware Full Tilt is currently down (but hopefull not out)

more ... Full Tilt Down But Not Out

this means that the last two (and most important) 4KSOP games have been cancelled / postponed ... until we get a clearer picture of how the hopeful sale of Full Tilt is going to work out I dont want to commit to setting up the last 2 4KSOP games at another site

This will also obviously have a knock on effect for next seasons normal league games as I am still trying to assess best plan for games

to either involve our US members by ...

funding and playing games at one of the remaining US open sites

setting up play money games (yes that was play money) at somewhere like PokerStars

or having to run games only for non US members

alot of things to consider and factor in - so I hope the information and announcements from Full Tilt are swiftly forthcoming so both sites and players can figure out where we are all at

cheers SB

[Poker Orifice]

Would be cool if a short time down the road we actually finish off this 4KSOP Series & finish it off on Fulltilt!!!
Really hoping things work out for them with a pending sale.

[coors_TGIF1]

Me and my husband play full tilt all the time, Im not so good at it I have 80$ sitting there, but hes got 800$...??? can he still withdrawl.