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  #31  
Old 01-22-2007, 08:51 AM
fish2plus2 fish2plus2 is offline
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Join Date: Apr 2006
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Default Re: Cashing Out of Pokersites Through Checks

[ QUOTE ]
i recently tried to cash a check from a lesser known poker site, the funds came from a bank in the cayman islands. the amount is 15k and I have been put on an "indefinite hold" for security purposes by the bank and by the department of homeland security. it could be months before my funds are released. i gotta pay rent. whats a guy to do?

[/ QUOTE ]

USA sucks huh?
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  #32  
Old 01-22-2007, 12:18 PM
morphball morphball is offline
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Join Date: Nov 2005
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Default Re: Cashing Out of Pokersites Through Checks

[ QUOTE ]
Yes.

Poker sites do not sit at the table and play. ALL betting and wagering is done by players. The UIGE Act even defines what activity constitutes making a "bet or wager" to include an assumption of risk on the outcome. A sportsbook and a casino assume risk when they accept or make a bet as the House. A poker site does not.

[/ QUOTE ]

Well, no disrespect to you intended, but your interpretation of this Act is bogus. The act outlaws the facilitation of placing bets or wagers on-line. The fact that players are wagering against each other does not change the fact that the on-line pokerroom is facilitating this.
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