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-   -   ***Official SSNL What Now? Panic/Don't Panic Thread (http://archives1.twoplustwo.com/showthread.php?t=226438)

ajmargarine 10-02-2006 02:20 PM

***Official SSNL What Now? Panic/Don\'t Panic Thread
 
I think it's OK if we have one official thread of this nature in SSNL. This isn't a place to complain about Congress or Bill Frist or questions about the legislation itself. Please follow along in the legislation forum for that. Also, in that forum you will find all the poker site's statements as to what they are doing.

Here, we can talk amongst our friends and acquaintances what we are doing and plan on doing or hope to do as online poker players, especially in the near future.

So, converse/brainstorm/share:

As for me, I took out alot of my roll last week unrelated to all this nonsense, leaving me with $2k online at Pokerstars. Late last nite, because of this legislation I decided to take another $600 offline, and just now got the cash thru Neteller ATM. So, now I have about $5 in Neteller and $1400 in Pokerstars.

I did that transaction before having to accept or decline the new Neteller T&C so haven't done anything with that yet.

I feel OK (atm) having money in Stars. If I had any money in Party, I would have taken it out, but that's just me.

I am not entirely pessimistic about this whole thing. The legislation didn't make online poker any more legal or illegal than it ever was in the USA. Sadly, the fish/casual player will probably panic and see this as making poker illegal and take all their money out, making the games a whole lot tougher.

What're you doing?

tufat23 10-02-2006 02:23 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
i am worried and am estimating this costs me around $20k this year.

can someone break down the neteller t&c for me for someone from the UK? i'm hoping i'm ok here...

kitaristi0 10-02-2006 02:24 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
I'm gonna 12-table on Party as much as I can until Bush signs the bill. When Party kicks out all the US players I'm going to reevaluate and choose between Party and Full Tilt (unless FTP also decides to kick out US players, in which case it's off to Stars or somewhere else).

I'm also considering looking into the Crypto and B2B networks to see what they offer.

kitaristi0 10-02-2006 02:24 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
tufat,

As far as I know (but don't take my word for it) non-US players don't have to worry about the Neteller business.

epdaws 10-02-2006 02:28 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
AJ,

PP is the only site I've ever played, and I cashed out my entire roll over the past few days at the urgings of Berge and his respectable ilk.

I don't think CBloom's approach is a bad one.

Now I have to figure out if I can safely get started on a site like FT or Stars. And I am a technological moran. But sad to say, PP is dead to me. For now.

ChipStorm 10-02-2006 02:29 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
I've pulled all my $ and am going to sit tight until I start seeing the "establish your own foreign address and bank account" advertising start to appear. Should take about a month, I figure.

Sh@i'tan 10-02-2006 02:30 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
i cashed 2k via check to my house..i have my last 500 on party + 300 coming in rakeback(which i better get). Should i leave my 500 on party and continue to play or cash it out of party and into neteller? If you're leaving party where are you going...

mosuavea 10-02-2006 02:30 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
Im going to stick to FT until they decide to boot the US players. They made a statement that was posted in the the legislation forum saying they dont think this will effect their players because they view poker as a game of skill.

Doubt that holds much weight but at least they are not just bending over while the US gov't assumes the position.

As far as funds go, they are spread between FT, PS and Neteller. I plan to cash out all but a skeleton roll for FT and wait till all of the dust settles.

Al_Money 10-02-2006 02:32 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
I cashed out the $4k+ I had in Party. I still have some money in Stars, Full Tilt, and WPEX.

I guess I'll play a little on these sites for now. Gotta try to clear this Stars reload while I still have time...

prayformojo 10-02-2006 02:34 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
[ QUOTE ]
i am worried and am estimating this costs me around $20k this year.

can someone break down the neteller t&c for me for someone from the UK? i'm hoping i'm ok here...

[/ QUOTE ]

I use Neteller from Canada. I haven't seen anything in the Bill to suggest that my transactions will be affected. If anyone thinks differently I'd want to hear it, but I don't see how a U.S. law can touch a non-citizen living outside the U.S. dealing with a corporation operating outside the U.S.. (N.B. I'm talking about law...American diplomatic pressure has a more significant international reach).

Kilillan 10-02-2006 02:34 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
I haven't withdrawn any money from any site yet

I never had any party money so that didn't affect me, and I'm not terribly worried about them taking my money

epdaws 10-02-2006 02:35 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
I ask ignorant questions for a living, so here are some more:

1) I want to go with FT, but what is their deposit method. Do I need Netteller?

2) Anything else I should know about getting started with FT?

quarkncover 10-02-2006 02:36 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
[ QUOTE ]

I haven't withdrawn any money from any site yet

[/ QUOTE ]

Clayton 10-02-2006 02:38 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
i dont have any of my own money on sites right now.

Al_Money 10-02-2006 02:38 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
[ QUOTE ]
I ask ignorant questions for a living, so here are some more:

1) I want to go with FT, but what is their deposit method. Do I need Netteller?

2) Anything else I should know about getting started with FT?

[/ QUOTE ]

1. Neteller, Firepay, epassport, etc.
2. Sign up for RB.

ajmargarine 10-02-2006 02:39 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
[ QUOTE ]


2) Anything else I should know about getting started with FT?

[/ QUOTE ]

Find a non-USA based affiliate for rb would be my common sense answer.

EMc 10-02-2006 02:40 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
I have monies on FT? What are the new neteller regulations?

kitaristi0 10-02-2006 02:41 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
[ QUOTE ]
I ask ignorant questions for a living, so here are some more:

1) I want to go with FT, but what is their deposit method. Do I need Netteller?

2) Anything else I should know about getting started with FT?

[/ QUOTE ]

Offhand the neteller max is $1000/24 hours and $2000/week. Looks like it's also $3k/month. Email them to up your deposit limits. Also get rb (27% is the max allowed by FTP).

Tickner 10-02-2006 02:41 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
I am from Canada, and I am not going to do anything different yet. Once US players are officially out of Party I will reevaluate what site or what combo of sites offers me the max. profit potential.

I just hope Canada doesnt follow the U.S. regarding this law.

I know party wouldnt have done this without thinking of other options. Obviously the decision they made has costed them billions because of the law, so there is most likely nothing they can do, or they would have already tried (or will try soon). They will remain in business and seek new markets, so I am not worried about losing any money from them.

I am mostly worried about my rakeback provider and I hope they can continue doing business with me and party.

My winrate will most likely fall, but I do not suspect it will fall nearly as much as a higher/mid stake player's will fall. Most SSNL (100 and 200 nl) players suck, weather from the US or not. It will no doubt decrese but not by a large margin (at least I hope not). However, I can see how this would SEVERLY affect the higher stake players.

-Tickner

mosuavea 10-02-2006 02:42 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
[ QUOTE ]
I ask ignorant questions for a living, so here are some more:

1) I want to go with FT, but what is their deposit method. Do I need Netteller?

2) Anything else I should know about getting started with FT?

[/ QUOTE ]

1. Not sure I can check from home when I get outta work.

2. Get RB for sure.

Are you doing this tonight? I get home from work around 4ish. If you need a hand you have my cell.

jakhamma 10-02-2006 02:43 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
I have half my roll in UB, and half my roll in neteller.
As a canadian citizen, I have NO plans on moving it, unless something changes.

GL and Godspeed to all in these troubling times

mosuavea 10-02-2006 02:44 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
[ QUOTE ]

Offhand the neteller max is $1000/24 hours and $2000/week. Looks like it's also $3k/month. Email them to up your deposit limits. Also get rb (27% is the max allowed by FTP).

[/ QUOTE ]

Im pretty sure that for new accounts, the max is $600 a day. Not sure the week and month figures though.

EMc 10-02-2006 02:47 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
Is it a bad thing I missed class so I could read more about all this and am on a MAC in the middle of an educational building?

2Paul2 10-02-2006 02:47 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
I'm cashing out of party and keeping 4k on ft. If stars end up taking a similar approach to ft i will spread between those two till the 270 days is up. If it does(and it sure looks that way) come to the stage where US players just can't get money online then i will prolly spread my role round 4-5 sites including a couple of european ones to help game selection. I don't see myself being hurt too much though as i have always played at [censored] uk times anyway when it's most europeans playing.

Paul

absoludicrous 10-02-2006 02:47 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
Money cashed out of Party. Not sure what I'm going to do. I guess I'd like a confirmation about which sites plan on doing what before I make a pointless deposit...

I'd also like to know if anyone has forumlated a plan for the idea about using a non-USA based bank account and address. It'd be cool if someone smarter than me could detail this and how it would work.

Duck Rabbit 10-02-2006 02:51 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
cashed out 2k from party and will be moving most of my roll back to Full Tilt. Still have a decent amount of money on UB and Stars. I still have to clear bonuses at UB and Stars, so will be trying to clear those now. Man, this sucks.

ajmargarine 10-02-2006 02:53 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
FYI: The legislation forum and the internet forum are the two forums 2p2'ers should be checking out continuously. A FT rep just made a statement in the internet forum.

FYI+1: IMHO, The future trouble for US players may be getting monies online; and therefore it might not be wise to take all $$$ offline.

JMO.

4_2_it 10-02-2006 02:57 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
Cashing out of Party
Finish clearing my Stars bonuses ASAP
Stick with FT (maybe Stars dependign on what their official position is) for now.

I am not panicking yet. I am using this as an excuse with my wife ot play as much as possible in he next week though [img]/images/graemlins/smile.gif[/img]

mosuavea 10-02-2006 03:00 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
[ QUOTE ]
I am not panicking yet. I am using this as an excuse with my GF ot play as much as possible in he next week though [img]/images/graemlins/smile.gif[/img]

[/ QUOTE ]

DING!

tufat23 10-02-2006 03:00 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
i feel physically sick about this whole ordeal

tubasteve 10-02-2006 03:01 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
I cashed out all my money on Party, still got about 2k on Stars because I trust them more than anyone else. I plan on 6-8 tabling for a few hours tonight before all the fish start leaving.

Weebl 10-02-2006 03:05 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
AJ,
I have been wondering about that too.

I would love to read something reassuring from Neteller, I would like to keep my loot there.

I think the most disconceting "future trouble" is loss of fish.

My plan,
1) Cash out of Party.
2) Leave $ in Neteller in case I have to shift away from FT (which is already fully funded fo me).
3) Blow all my Party Points on freeroll tournies today. Possible free monies?@!#
4) FTP is home.
5) Chill.

GL everyone.

epdaws 10-02-2006 03:08 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
I guess I'll go to FT, then, but it sounds like all of 2p2 will be there. Great.

This sucks harder than an overzealous groupie backstage at a Def Leppard concert.

MyTurn2Raise 10-02-2006 03:09 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
well...considering I had 8 different poker accounts close on me the past two months (B2B and crypto skins mainly), I'm kind of used to this. Life goes on. It's an interesting occupation, that's for sure.

mosuavea 10-02-2006 03:09 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
What are you guys who mainly do this for a living planning on doing?

4_2_it 10-02-2006 03:13 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
[ QUOTE ]
I guess I'll go to FT, then, but it sounds like all of 2p2 will be there. Great.

[/ QUOTE ]

The vast majority were at Party and yet you still managed to win somehow. You will be fine at FT. Just make sure you sign up for the unmentionable.

MannyIsGod 10-02-2006 03:13 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
I'm not cashing out from the major sites. What money I have in neteller, Stars, and Full Tilt will not move except for regular withdrawls.

I'm not worried about these companies screwing me. After the statement from FT, I figure I have at least a few months of play left in which I can simply save up as much as possible in order to reevaluate the situation when they do. Not much else I can do except go out and get a job, and no job is goig to come close to allowing me to go to school and make the same money in the same time frame.

Just gotta wait and see now. Oh, and bitch of course. [censored] you Frist.

ajmargarine 10-02-2006 03:14 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
[ QUOTE ]
What are you guys who mainly do this for a living planning on doing?

[/ QUOTE ]

Go live in Frank's basement and be his housekeeper. [img]/images/graemlins/smile.gif[/img]

MannyIsGod 10-02-2006 03:15 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
[ QUOTE ]
I guess I'll go to FT, then, but it sounds like all of 2p2 will be there. Great.

This sucks harder than an overzealous groupie backstage at a Def Leppard concert.

[/ QUOTE ]

I think this is actually good in the short term. I can't wait for the moment Party throws the switch. Most of the Party fish will go 2 places: Stars and FT. I'm sure the ratio of 2p2:Fish is a high one, so even though we're taking on more of you [censored] at FT, hopefully we'll get far more fish.









































Please don't destroy my happy thought. [img]/images/graemlins/frown.gif[/img]

RiverFenix 10-02-2006 03:16 PM

Re: ***Official SSNL What Now? Panic/Don\'t Panic Thread
 
How do the other sites deal with EFTs from bank accounts? Same as party where it takes a few days to first setup and all deposits are instantaneous but withdraws take a few days? I only use Neteller for my RB transfers and I currently have nothing in there until I get sept payment.


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