Jet Set shut down 5 minutes ago alert
 

As I was playing at Jet Set a few minutes ago a message read
Jet Set will be shutting down forever in 5 minutes. Everyone at the table was shocked. I left the table went to the cash out. I have no idea if they will send the money to my neteller. If they do not there will be many people withdrawing money from mnay sites.
I am still in shock. A simple 5 minute warning.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

So did they actually shut down in five minutes?

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

what is jet set?

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

Dam right they did. I was going frantic searching for my password which is required for any withdrawals. I made it before they shut down but who knows if they will process it or not.

Post deleted by Mat Sklansky
 

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

Bummer for the small loyal following they had.

Hope everyone gets paid.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

LOU VEGAS-all well and good but you do not state anywhere if all monies will be returned to the players of the site unless I missed something.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

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what is jet set?

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I never heard of this site until now.
must be very tiny site then.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

Sorry Lou I just realized that. I guess by that statement no one is getting their money back? I sure hope not.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

They are [censored] scum.

Post deleted by Mat Sklansky
 

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

Thank You Lou, This really sucks big time and I can see everyone going to the door on every site by tomorrow night and crippling on line poker.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

Why the heck does anyone still have money on a small site, this close to the bill becoming a law?

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

I hope you guys get paid.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

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Good luck Monk, hope you get paid.

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Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

FYI...

We had been working with them for about a year and half.

On Monday they told me that the program was over and that all of our players would be automatically cashed out via bank draft within within six to twelve weeks.

That's an absurd amount of time.

I've tried to get ahold of my contacts there since Monday, to no avail.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

Ive been with Jet since they were in Beta back n summer of 2003 its always been a funn site and 2 see this just tells me we wont be getting are cash from them......

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

6-12 weeks???
wtf.....

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

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Good luck Monk, hope you get paid.

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Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

6-12 weeks is better than never.
JetSet was a very nice small and friendly site.
I'm just glad I only had a couple hundred bucks in there.
We will see what happens

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

Just received this

Dear xxxxxx,

We deeply regret to convey that we shall be discontinuing service at JetSetPoker (the "Site") effective Midnight EST on Friday, October 13, 2006.

Initially, and as per our previous statement, we were cautiously optimistic in maintaining operations for our membership after the passage of the "SAFE Port Act HR 4954" on September 30, 2006 by the Senate. We nonetheless initially believed it to be practicable.

However, given the developments during the preceding week, including but not limited to, the unfavorable view of payment processors and financial institutions regarding online gambling and the extensive advice of our legal counsel, we have been instructed to cease activities and comply with this prohibitionist legislation.

We were fortunate to have a first-rate membership and it was our pleasure to provide a destination site where members were able to enjoy their favorite card games and tournaments with the surety that we were to buttress the integrity of the forum. In this inclement environment however we believe our ability to do so may become impaired nor do we anticipate this matter to improve in the near future.

JetSetPoker shall remit remaining balances via cheque. Please respond to [email protected] and provide your accurate name and mailing address to initiate the cheque disbursement process.

We once again thank you for your patronage of JetSetPoker and deeply regret these unfortunate circumstances that have materially and adversely impacted both the Site and the industry.


Best regards,
JetSetPoker Management Team

They edited the email previously posted to include withdrawal info. No timeframe but at least it looks like they are planning on paying up ... "the cheque is in the mail" [img]/images/graemlins/crazy.gif[/img]

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

So long JetSet...

Some of my casual/recreational poker playing friends are going to be really sad now.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

[ QUOTE ]
So long JetSet...

Some of my casual/recreational poker playing friends are going to be really sad now.

[/ QUOTE ]
I actually LOVED jetset... sorry to see them go.
~J

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

jetset had a solid 2-4nl game full with donks. The super saturday with like 2500 in overlay was sweet too.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

Dang, I hope they don't rip all you guys off.

If they do, there could be about 50 angry internet poker players out there.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

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jetset had a solid 2-4nl game full with donks. The super saturday with like 2500 in overlay was sweet too.

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Yeah, I just started playing at JetSet recently and made two big scores in that Super Saturday (it was a $50 $10K Guarantee tournament that was easier than a typical $3 PokerStars event). I fortunately withdrew most of that money about a week ago and it hit Neteller a few days ago. I still have a couple hundred and a $55 entry for this week's Super Saturday that I'm betting I'll never see again, given this Baltimore Colts middle-of-the-night BS manuever.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

[ QUOTE ]
As I was playing at Jet Set a few minutes ago a message read
Jet Set will be shutting down forever in 5 minutes. Everyone at the table was shocked. I left the table went to the cash out. I have no idea if they will send the money to my neteller. If they do not there will be many people withdrawing money from mnay sites.
I am still in shock. A simple 5 minute warning.

[/ QUOTE ]

Sorry, I hope you get your money, but I find that message hilarious. I have no idea what I would do if I got that message while playing.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

JET SET hasn't answered any of my e-mails but money in account. Hey wait let me get the vasaline first.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

Now that it's closed, post your nickname on it, I was RED_RAIN

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

jetset always reminded me of stars in a way - like the management was by the same folks... does anyone know where they are based, or does anyone foresee stars dropping a bomb like this one?

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

EmilioEstevez

I tried to cashout about half my roll on monday, it hadn't gone through to neteller when they closed, not a good sign....

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

Given the fact that they say NOTHING on their home page about cashing out, not even "cashout information to come.." or something, tells me that there's more than meets the eye going on here than the UIGEA. Very shady/

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

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6-12 weeks is better than never.
JetSet was a very nice small and friendly site.
I'm just glad I only had a couple hundred bucks in there.
We will see what happens

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just chiming in some optimism as well here:

I don't know how the fee structure works for poker sites and their processing cashouts via neteller/other payment methods, but I assume it is much cheaper for them to cut a check than it is to use payment processors to do this. getting their s* together and paying everybody by checks seems to make more sense than paying a bunch of fees to cash people out quickly; there is no longer market incentive for them to cash people out quickly if they aren't in business.

but this is just optimism for the sake of optimism. seems like a bad beat is pretty likely too.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

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Dang, I hope they don't rip all you guys off.

If they do, there could be about 50 angry internet poker players out there.

[/ QUOTE ]

I almost loled milk out of my nose on that one.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

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Now that it's closed, post your nickname on it, I was RED_RAIN

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I was bcraneop2001 at JSP, Played there since the beta-launch. Had about 40k points that I wish I could cash in for a book or something. I had emptied out my account a while back during a promotion. It was a 100% deposit bonus and I deposited $500 and was about 1/10 thru the promotion when for some reason JSP sent the $500 back to my neteller account. I contacted them and they swore that I had to of requested it. I know I didn't as I had over 3k in the account before depositing the $500. when they refused to let me send the $500 back and re-activitate my promotion, I simply withdrew all my money and moved to Fulltilt.

I did inquire about buying the software and domain from Jetsetpoker. Hopefully, they respond to my email.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

The software was fairly good and I liked it. Interface was also very good. I haven't received any answers to my constant e-mails nor did they send me any e-mail on what will happen to the monies on deposit with them. I sure hope they do the right thing. Bcraneop2001-what would your intentions be if you bought the software and domain and would you accept USA players?

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

[ QUOTE ]
The software was fairly good and I liked it. Interface was also very good. I haven't received any answers to my constant e-mails nor did they send me any e-mail on what will happen to the monies on deposit with them. I sure hope they do the right thing. Bcraneop2001-what would your intentions be if you bought the software and domain and would you accept USA players?

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Due to Non Disclosure and Non Compete(s) that I signed, I cannot go into details, however, I would accept US players. [img]/images/graemlins/smile.gif[/img]

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

[ QUOTE ]
[ QUOTE ]
The software was fairly good and I liked it. Interface was also very good. I haven't received any answers to my constant e-mails nor did they send me any e-mail on what will happen to the monies on deposit with them. I sure hope they do the right thing. Bcraneop2001-what would your intentions be if you bought the software and domain and would you accept USA players?

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Due to Non Disclosure and Non Compete(s) that I signed, I cannot go into details, however, I would accept US players. [img]/images/graemlins/smile.gif[/img]

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If you are that close to the owners can you please tell the rest of us who have money "stuck" at jet set if we will ever see the light of day? At their web site they have NOTHING at all telling people they will send the money via check or any other way. They don't talk about monies that were left in accounts. This isn't a good sign. You should realize that since they didn't have a big base to begin with...if they didn't give the money back the new owner would have very few customers.

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

Does Jetset have any incentive to give the players their cash back? (I have cash in my account yet, I tried to withdraw Oct. 2 but it was denied)

Re: JET SET SHUT DOWN 5 MINUTES AGO ALERT
 

Well hopefully Jetset stopped because of the new laws and not because it was in financial trouble. If that is the case maybe it will be easier to pay out players to protect assests they have? (maybe not, who knows what the laws are that apply to them)