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Old 11-03-2007, 12:46 PM
pygmyhipo pygmyhipo is offline
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Join Date: Apr 2005
Posts: 80
Default Re: Fulltilt froze my account with 47 grand in it

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How anyone can now leave large sums of money on that site is beyond me.

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The trouble is that $47k isn't much if you play $100-$200 HU like pokergirl z did. That's only 230bb. If you play a 5 hour session (about 1000 hands), your stdev is about 75bb. So a -2 sigma session is -150 bb, or maybe -140 bb for a winning player. Likewise, a good winning session will be +150 or +160 bb.

At lower limits, you could simply cash out after each winning session, since it's so easy to transfer money back in after a bad streak. But at stakes like 100-200, it is a lot harder to deposit a fresh 100 bb, and generally takes a few days at least. During that time you are out of action.

It puts high stakes players in a tough spot: either trust the site with a few hundred bb, or play somewhere else.

-pyg
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