Party Pokers authority over obvious collusion

[ZjustinISaLOSER]

If a group of people are caught on party poker colluding, (by caught i mean evidence beyond reasonable doubt), what exactly can party poker do. Is there anyway they can take your money away? [img]/images/graemlins/confused.gif[/img]

I have read their guidelines and they state that they will report you to banks credit card companies etc.... (obviously ban you from the site)... how much damage would this likely do to a colluders personal line of credit?

I know there are a lot of poker playing lawyers (WYNTON) so i was hoping for some legal (not moral) insight from some of them, i will respond to all replys ASAP

[ipp147]

From the T&C

[ QUOTE ]
19. Fraudulent Activities and Prohibited Transactions.

The Company has a zero tolerance policy towards inappropriate play and fraudulent activity. If, in the Company's sole determination, you are found to have cheated or attempted to defraud the Company or any other user of any of the Games in any way including but not limited to game manipulation or payment fraud, or if the Company suspects you of fraudulent payment, including use of stolen credit cards, or any other fraudulent activity (including any chargeback or other reversal of a payment) or prohibited transaction (including money laundering), the Company reserve’s the right to suspend and/or close your Account and to share this information (together with your identity) to other online gaming sites, banks, credit card companies, and appropriate agencies.

[/ QUOTE ]

I assume that they online notify banks etc if you have used fraud or deception to get money into your account, not for colluding within games.

However,

[ QUOTE ]
21. Forfeiture & Account Closure.

21.1 THE COMPANY RESERVES THE RIGHT, IN ITS UNFETTERED DISCRETION AND IN RELATION TO YOUR ACCOUNT, ANY RELATED ESP ACCOUNT, ANY ACCOUNTS YOU MAY HAVE WITH OTHER SITES AND/OR CASINOS AND/OR SERVICES OWNED OR OPERATED BY OR ON BEHALF OF THE COMPANY AND ANY SERVICES THAT SHARE THE SHARED GAME/TABLE PLATFORM, TO WITHHOLD YOUR ACCOUNT BALANCE, SUSPEND YOUR ACCOUNT, AND RECOVER ANY PAY-OUTS, BONUSES AND WINNINGS IF:

(i) You are in breach of any term of this Agreement;


[/ QUOTE ]

Here if they find you colluding they can suspend your account and take your money. Given then legality of online poker in the US I doubt you could recover your funds.

[Niediam]

They can literally take your money away because they decide that people who don't like Justin should all go broke...

[ZjustinISaLOSER]

ya i do not know justin at all and am completely kidding, I am not trying to offend anybody... i could not have possibly been less serious when deciding a name, just a joke....

[ZjustinISaLOSER]

than you for your help ipp... the reason why i was asking was because i had an idea to sit down at a table with ten of my friends (a holdem sit n go tournament) and tell eachother our cards... witht his information we will have an advantage over the 8:1 odds available for betting on the flop, however we would undoubtably get caught and it seems as tho we would not be able to keep our money anyway so oh well... thanks again ipp

[Niediam]

I wasn't kidding when they said they can take your money because you don't like Justin though. [img]/images/graemlins/smile.gif[/img]

Anyhow, yes that is cheating... yes you will probably be caught if you do it repeated times... yes they will take your money... and yes you will be hated here on 2+2.

[ZjustinISaLOSER]

why would i be hated for getting money out of party poker, i would not be playing with or against any people i didn't know, therefore not cheating anybody out of their money

[Niediam]

Oh... you mean to try and get on edge on if the flop will come all of one suit?

Interesting idea... I'm not smart enough to try and figure out the math behind it. [img]/images/graemlins/smile.gif[/img] But it is safe to assume your money will be confiscated if you are caught.

[kerowo]

I haven't looked at the payout structure for sng's but does Party really pay out more than the buy in for the tourney? If not all you are doing is shuffling your freinds money around.

[Mamet]

Yeah, he's talking about the sidebets.

I was thinking about doing this for a while too. Unfortunately, I realized that it's simply not worth it, even if you could escape all detection, because the max bet for the sidebets is $20. If you had a 5% advantage on each bet (which is probably too generous) that would average out to a whopping $1 per flop. Unless you were playing micro limits you and your friends would pay more than this in rake per hour, and the money you could pull in at the micro limits wouldn't be nearly as much as if you all got minimum wage jobs.

Ten people isn't completely necessary though... you could sit down with only 3 people and wait until five of the six cards were of one suit to bet, but that would be a pain because the three guys would have to worry about winning in the game in addition to saying "black black" every single hand over IM.