Full tilt players to be paid in full?

[pleno1]

plus deleting all relations with affiliates that initially brought them their player pool and liquidity, some of whom even gave their players a 50$ bankroll and spent time/effort into developing a poker school to turn these guys into winning players thus raking more money from the initial deposit (which they paid for)

38 comments may not seem alot but when you look at

germany..

http://de.pokerstrategy.com/news/content/Full-Tilt-Poker-enttrackt-alle-PokerStrategy.com-Spieler_65378/

russia

262

http://ru.pokerstrategy.com/news/content/Full-Tilt-Poker-%D0%BE%D1%82%D0%BC%D0%B5%D0%BD%D1%8F%D0%B5%D1%82-%D0%BF%D1%80%D0%B8%D0%B2%D1%8F%D0%B7%D0%BA%D1%83-%D0%B2%D1%81%D0%B5%D1%85-%D0%B8%D0%B3%D1%80%D0%BE%D0%BA%D0%BE%D0%B2-PokerStrategy.com_65378/

and 19 other languages there is going to be a lot of hostility from the members always 30% of the comments seem to be fear from players about a possible monopoly effect. This is just from 1 affiliate, between all affiliates they brought in 10m++ of traffic a month building business models that they believed would work around lifetime revenue shares and now they don't get paid.

In PokerStrategy.com's instance they are even owed money from last year (over 1m) but didn't say 1 single word in the negotiation phase of stars/tilt as they didn't want to harm any potential deal as they realised the pain their members went through, after the takeover the funds are no longer being paid to PokerStrategy.com and they are currently putting a case against full tilt.

[pleno1]

looking forward to seeing Negreanus weekly rant on the potential monopolization of the online poker world.

[Doobs]

Pokerstars didn't take over Full Tilt, they bought the assets of Full Tilt.  The company pokerstrategy dealt with is busto.  

http://www.fulltiltpoker.com/

As part of its agreement with the U.S. Department of Justice (DOJ), PokerStars has obtained the assets of Full Tilt Poker, and will use these assets to re-launch the Full Tilt Poker site. PokerStars has also committed to the full reimbursement of funds owed to Full Tilt Poker customers outside the United States by November the 6th. United States Full Tilt Poker players will be reimbursed through a remission process conducted by the U.S. government.

Good luck with the legal case.

[toddswain]

Got email regarding my points and any rakeback due, can anyone remember approx value of points ? i.e how much a $200 tourny ticket would cost in ftp points ?

[redsimon]

Got email regarding my points and any rakeback due, can anyone remember approx value of points ? i.e how much a $200 tourny ticket would cost in ftp points ?

Can't find any details. Only thing I know is that if you had tournament tickets they have been converted to $

[AlunB]

plus deleting all relations with affiliates that initially brought them their player pool and liquidity, some of whom even gave their players a 50$ bankroll and spent time/effort into developing a poker school to turn these guys into winning players thus raking more money from the initial deposit (which they paid for)

I don't want to get into a row about the specific case between you and Full Tilt, but this comment is naive at best.

These players clearly had a lifetime value > $50 and the decision to give them a starting bankroll was a simple financial one based on getting affiliate revenue >$50 from that player in the future. Poker Strategy were not the first to do this and they won't be the last. They just did it best.

[Pugwashed]

plus deleting all relations with affiliates that initially brought them their player pool and liquidity, some of whom even gave their players a 50$ bankroll and spent time/effort into developing a poker school to turn these guys into winning players thus raking more money from the initial deposit (which they paid for)

38 comments may not seem alot but when you look at

germany..

http://de.pokerstrategy.com/news/content/Full-Tilt-Poker-enttrackt-alle-PokerStrategy.com-Spieler_65378/

russia

262

http://ru.pokerstrategy.com/news/content/Full-Tilt-Poker-%D0%BE%D1%82%D0%BC%D0%B5%D0%BD%D1%8F%D0%B5%D1%82-%D0%BF%D1%80%D0%B8%D0%B2%D1%8F%D0%B7%D0%BA%D1%83-%D0%B2%D1%81%D0%B5%D1%85-%D0%B8%D0%B3%D1%80%D0%BE%D0%BA%D0%BE%D0%B2-PokerStrategy.com_65378/

and 19 other languages there is going to be a lot of hostility from the members always 30% of the comments seem to be fear from players about a possible monopoly effect. This is just from 1 affiliate, between all affiliates they brought in 10m++ of traffic a month building business models that they believed would work around lifetime revenue shares and now they don't get paid.

In PokerStrategy.com's instance they are even owed money from last year (over 1m) but didn't say 1 single word in the negotiation phase of stars/tilt as they didn't want to harm any potential deal as they realised the pain their members went through, after the takeover the funds are no longer being paid to PokerStrategy.com and they are currently putting a case against full tilt.

I get this really sucks for a lot of the companies involved but I'm pretty happy to see affiliates taken out of this. I got screwed out of rakeback a bunch of times (usually on the weeks when I raked the most). Had this annoying string of emails between FTP, my affiliate (Life of Sports) and myself with FTP telling me there was no money in the affiliate account to pay me from and my affiliate claiming it was FTP that were supposed to pay me from the affiliate account and that they had no access to it to withdraw the funds before I could get paid. Either way someone stole 4 figures in rakeback from me before I eventually quit and moved to stars

[Dino]

My Stars cashier now has an option to transfer to Full Tilt.

[Graham C]

If I had an email, I have deleted it by accident.  Is there a way to get it again?

[toddswain]

If I had an email, I have deleted it by accident.  Is there a way to get it again?

Mine was in spam fwiw

[MC]

Okay, advice for a hypothetical situation please.

Played A had a Full Tilt account, but because of the way he signed up in 2006 or whenever, he could not get 27% rakeback when he discovered what this even was. So in 2009, Player A's Dad, who doesn't know how to play poker, decides to sign up for an account complete with 27% rakeback. On his original account Player A has barely played, but his Dad (despite his lack of knowledge of poker), manages to do quite well at and has a decent amount of winnings.

Now that rakeback is irrelevant, should Player A use his original account, and his Dad retire from playing poker, or should he inform Full Tilt that his father might not be quite as good as his stats suggest, and perhaps suggest the accounts are merged and use the more well known username?

Player A doesn't want to risk getting any kind of ban from either Full Tilt or PokerStars obv.

(fwiw, there is no multi-accounting shenanigans or anything like that).

[George2Loose]

Hypothetical my arse. Your dad's just better than you

[Graham C]

If I had an email, I have deleted it by accident.  Is there a way to get it again?

Mine was in spam fwiw

Yeah mine would have been too, I just get so much of it I auto empty it.

[Sheriff Fatman]

plus deleting all relations with affiliates that initially brought them their player pool and liquidity, some of whom even gave their players a 50$ bankroll and spent time/effort into developing a poker school to turn these guys into winning players thus raking more money from the initial deposit (which they paid for)

38 comments may not seem alot but when you look at

germany..

http://de.pokerstrategy.com/news/content/Full-Tilt-Poker-enttrackt-alle-PokerStrategy.com-Spieler_65378/

russia

262

http://ru.pokerstrategy.com/news/content/Full-Tilt-Poker-%D0%BE%D1%82%D0%BC%D0%B5%D0%BD%D1%8F%D0%B5%D1%82-%D0%BF%D1%80%D0%B8%D0%B2%D1%8F%D0%B7%D0%BA%D1%83-%D0%B2%D1%81%D0%B5%D1%85-%D0%B8%D0%B3%D1%80%D0%BE%D0%BA%D0%BE%D0%B2-PokerStrategy.com_65378/

and 19 other languages there is going to be a lot of hostility from the members always 30% of the comments seem to be fear from players about a possible monopoly effect. This is just from 1 affiliate, between all affiliates they brought in 10m++ of traffic a month building business models that they believed would work around lifetime revenue shares and now they don't get paid.

In PokerStrategy.com's instance they are even owed money from last year (over 1m) but didn't say 1 single word in the negotiation phase of stars/tilt as they didn't want to harm any potential deal as they realised the pain their members went through, after the takeover the funds are no longer being paid to PokerStrategy.com and they are currently putting a case against full tilt.

Why would anyone expect Stars (who've never done rakeback) to support rakeback at FT when it re-opens?  Naive, at best, to expect this.

Like everyone else, I'm sure the members will be relieved at getting funds back that they'd probably written off long ago.  That's more than they'll ever get in a normal insolvency situation, and it sounds like they all got a free $50 out of the deal in the first place.  Not much room for 'hostility' as far as I can see.

Whatever liability existed against the old Full Tilt operation will remain as a claim against the old company, for which there'll be zero return.  Expecting to get anything from the new entity, which didn't take on the old liabilities, is a waste of time.

It's not the first time people have lost a rakeback deal from a site, and this is a much more understandable situation than when Party unilaterally fucked their player base over by withdrawing rakeback and then hunted down the affiliates who tried to continue to honour it.  People live with Stars not doing direct rakeback, and they'll get used to whatever reward scheme StarsTilt come up with from now on.

[pleno1]

Ok it's a little difficult to explain but it's not just the rakeback that is the problem it's the fact that the members will also not ev able o recover strategy points. If stars did something similar there, again, would be hell on.

When party stopped rakeback deals try didn't stop payibg the affiliates they just paid the players in a different way.

Anyway watch this space..