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-   -   United States Poker Players, Inc. (http://archives1.twoplustwo.com/showthread.php?t=311424)

1p0kerboy 01-21-2007 02:35 PM

United States Poker Players, Inc.
 
Is this our answer?

R.B. 01-21-2007 02:53 PM

Re: United States Poker Players, Inc.
 
Other players profit from my good play? That doesn't make sense for a game like poker.

teddyFBI 01-21-2007 02:58 PM

Re: United States Poker Players, Inc.
 
This is one of the most atrocious ideas I have ever seen.

Ever.

1p0kerboy 01-21-2007 03:03 PM

Re: United States Poker Players, Inc.
 
I haven't really had time to dissect the whole thing.

Obviously winning players get penalized. 1/2% of your winnings go towards the value of the stock.

Obviously you get penalized more for playing higher stakes also.

But if a ton of fish can use this deposit/withdrawal method and I can just keep on making my paper check withdrawals....

1p0kerboy 01-21-2007 03:07 PM

Re: United States Poker Players, Inc.
 
It also says:

"USPPINC anticipates offering shares at various levels to accomodate all styles of poker play. There will be a method, based on your demonstrated playing skill/ability to turn a profit, that will allow common player shares owners to advance to a Preferred Player stock level."

Maybe this means that winning players won't be taxed quite as much?

Gregg777 01-21-2007 03:10 PM

Re: United States Poker Players, Inc.
 
I think the idea is a little silly, however, it demonstrates that there will always be solutions as long as there is money to be made.

I think a more middle ground solution is a poker site (Absolute?), who has positioned themselves to very little, if any risk from the US.

And the same for a new e-wallet. The current ones were all vulnerable, you can bet future ones will be bullet proof based on the new legislation.

Lucky 01-21-2007 03:11 PM

Re: United States Poker Players, Inc.
 
[ QUOTE ]
This is one of the most atrocious ideas I have ever seen.

Ever.

[/ QUOTE ]

Sounded quite atrocious at first; sounds less atrocious as time goes on. Especially if u.s. sites become tag infested, and dont attract eurodonks; it would be nice to play at whatever publicly traded london based site retains eurodonks and attracts all the asian new donks.

Lucky 01-21-2007 03:12 PM

Re: United States Poker Players, Inc.
 
Has anyone tried this????

1p0kerboy 01-21-2007 03:16 PM

Re: United States Poker Players, Inc.
 
[ QUOTE ]
I think a more middle ground solution is a poker site (Absolute?), who has positioned themselves to very little, if any risk from the US.

[/ QUOTE ]

How is this?

[ QUOTE ]
And the same for a new e-wallet. The current ones were all vulnerable, you can bet future ones will be bullet proof based on the new legislation.

[/ QUOTE ]

How will a new e-wallet exist if banks are blocking the transactions?

LeeLoo 01-21-2007 03:22 PM

Re: United States Poker Players, Inc.
 
If this or something like it works and takes off the company or whatever it is would be doing very well with rakeback.

1p0kerboy 01-21-2007 03:27 PM

Re: United States Poker Players, Inc.
 
I just want to add to this thread that the legality of this setup is in serious question per the Legislation forum. I'm trying to find some more information.

Lucky 01-21-2007 03:30 PM

Re: United States Poker Players, Inc.
 
[ QUOTE ]
I think the idea is a little silly, however, it demonstrates that there will always be solutions as long as there is money to be made.

I think a more middle ground solution is a poker site (Absolute?), who has positioned themselves to very little, if any risk from the US.

And the same for a new e-wallet. The current ones were all vulnerable, you can bet future ones will be bullet proof based on the new legislation.

[/ QUOTE ]

I think what would be great about this site, is mostly that it would give u.s. donks a way to 'deposit' that they currently dont have. For twoplustwoers, we may or may not used it, depending on quality of deals, and if they open us up to sites like party, and others that booted americans.

But for u.s. players who want to play, with no way to get money on, this would be great. And if it were easier than neteller was in past, which was blocked even in past by some c.c. and banks, it would be better than ever.

krazyace5 01-21-2007 03:40 PM

Re: United States Poker Players, Inc.
 
They only offer sites that are already available to US players.

Looks like a nice scam someone has going.


LeeLoo 01-21-2007 03:57 PM

Re: United States Poker Players, Inc.
 
I went to their forums and from what I read they are not up and running yet. Here is a link to their FAQ http://www.usppinc.com/forum/viewtopic.php?t=150
It has a little more info the the front page of the website. They also have a little story about the expo and apparently have spoke to a few of the poker rooms. I have no idea what to make of any of this. Expo info http://www.usppinc.com/forum/viewtopic.php?t=150

teddyFBI 01-21-2007 04:00 PM

Re: United States Poker Players, Inc.
 
[ QUOTE ]
They only offer sites that are already available to US players.

Looks like a nice scam someone has going.

[/ QUOTE ]

Exactly.
All this operation does is basically offer a deposit service to sites that continue to operate in the US.
(e.g. since you're still logging on and playing from within the US, obviously they don't offer any service to access sites that have booted US players).

So see this operation for what it is: a very, very, very bad deposit/withdrawal option. Just wait a week or two to see how things shake out with the sites re: deposit options, and you'll never need to worry about this sucker's bet.

LeeLoo 01-21-2007 04:05 PM

Re: United States Poker Players, Inc.
 
[ QUOTE ]
[ QUOTE ]
They only offer sites that are already available to US players.

Looks like a nice scam someone has going.

[/ QUOTE ]

Exactly.
All this operation does is basically offer a deposit service to sites that continue to operate in the US.
(e.g. since you're still logging on and playing from within the US, obviously they don't offer any service to access sites that have booted US players).

So see this operation for what it is: a very, very, very bad deposit/withdrawal option. Just wait a week or two to see how things shake out with the sites re: deposit options, and you'll never need to worry about this sucker's bet.

[/ QUOTE ]

Your advice has always been sound. I'm sure you're right here to. Just looked interesting at first.

Lucky 01-21-2007 04:13 PM

Re: United States Poker Players, Inc.
 
[ QUOTE ]
They only offer sites that are already available to US players.

Looks like a nice scam someone has going.



[/ QUOTE ]

Yeah, prob not best idea for twoplustwoers who have BR, just are hassled by having to have checks mailed, etc. But how about donk sitting at home, would like to play at ftp, but has no way to deposit,is this bad for him (and us) too?

Markusgc 01-21-2007 05:28 PM

Re: United States Poker Players, Inc.
 
I know the guy who started this from Hollywood Poker days - he was pretty active in the "Chat Lounge" area as well as their forum. User name "Da Duck." Here's a link to one of his posts (chosen kind of at random):

http://forum.hollywoodpoker.com/showthread.php?t=8128

FWIW, he never seemed to be in it for anything more than our right to play poker. That was my impression at least.

I also have a friend who was considering going into business with him selling some air conditioning additive (don't know more than that) but I never heard what became of it.


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