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Bodog is instantly giving cash.

Issue with the lammers is that Harrah's won't let someone walk up to the cage and say, "I'd like to buy 1.6M in lammers please, will you take a wire?"

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OK so Bodog and FTP are paying out in cash ...

Does anyone know what Stars and UB (or others) are going to do?

I won my seat on Stars, and they haven't said anything definitive so far. My impression is that they don't know yet, and are trying to figure out a way to best "encourage" people to play and not take the cash.

Does anyone know what UB is doing?

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If they buy your seat, you're bound by the agreement that says you have to allow them to use your likeness for promo purposes and you can't wear gear from another site. That's why they don't want to just give the cash, otherwise it's the same cost to them.