TruePoker will continue to welcome U.S players

[AJackson]

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TruePoker does NOT make or accept bets or wagers in which it has any stake in the outcome. So, our games and tournaments, and your deposits, are not covered by this UIGE Act of 2006.

TruePoker does not have a stake in the outcome of the games or tournaments we offer, in the US or anywhere else. (We do not offer casino games or sports betting, and so have no stake in the outcome and are not in the "business of betting or wagering")

[/ QUOTE ]
This is pure nonsense, and you know it. If not, get a new lawyer.

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Certain sites, such as Party and Pacific, have decided to abandon the US poker market as a busness decision. We view our commitment to our customes a bit differently.

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I like how you relate it to "customer commitment". I'd say your site that your site is so small you have nothing to lose. You've been madly spamming these boards for a long time trying to get ANYONE to play on your site. You must be rubbing your hands in glee.

To everyone: there are many far better options than TruePoker that will also continue to service US players. Don't think this guy is the only one.

[/ QUOTE ]

Wow. What a miserable individual you are. You may be correct in what you are saying, but your entire tone is insulting. Here we have a poker site coming to us and your response is to bash him.

I've never played his site, but I've always appreciated his participation in this forum and if I ever go to look for a new poker home, his site will get a close look.

Generally I ahve pretty neutral feelings when it comes to internet people. Frankly, they don't even seem real and thus not deserving of my like or dislike. You are a big exception. I'm finding that I have strong dislike for you and hoping bad things happen to you, which I'm finding rather surprising.

[BluffTHIS!]

Don't pay attention to Phil153, he's just a troll most of the time. Plus he's not even american so screw his opinion on anything to do with the new law.

[TruePoker CEO]

If I can digress for a bit. I think* Tony has been and may yet be counsel to YouBet, which provides Interstate online horseracing betting. YouBet is the cheif beneficiary of the exemption for horseracing, along with the tracks thenselves. If so, he has his hands full with that client's interests in this area and it might be a conflict for him to opine on another industry.

( *I am not sure, but I remember it that way from when YouBet first appeared.)

Counsel other than Professor Rose will be weighing in soon, I am certain of that.

[tangled]

Still, it seems that you are putting yourself in legal jeopardy -- the courts may not accept your legal interpretation. You could go to prison. I hope not, I hope you get a medal --but it could happen IMO.

Plus even before this latest legislation, werent 2 CEOs arrested under a previous statute. Forgive my legal ignorance if I am wrong about this.

[Sand]

[ QUOTE ]
Still, it seems that you are putting yourself in legal jeopardy -- the courts may not accept your legal interpretation. You could go to prison. I hope not, I hope you get a medal --but it could happen IMO.

Plus even before this latest legislation, werent 2 CEOs arrested under a previous statute. Forgive my legal ignorance if I am wrong about this.

[/ QUOTE ]

Yes, but both were due to sportsbetting. Sportsbetting happens to be the one type of gambling that Courts have held that the Wire Act addresses.

I do have a question for True - how does third party RB and the VIP program interact? What are the VIP threshold levels? I could not find that.

[TruePoker CEO]

"how does third party RB and the VIP program interact? What are the VIP threshold levels? I could not find that. "

Third party rakeback,where a player signs up thru you, is different than TruePoker's own VIP program, which includes a rakeback bonus.

A player may fall under your 3d party rakeback program (if you bring him in) or under the VIP, not both. The two do not intersect. If you bring a player in via a rakeback program, we will not steal him or allow him to circumvent you for another program or the VIP.

As for the VIP levels, the bonuses run from 15% - 40%. The minimum level, to get a VIP bonus is 2,000 raked hands. Bonuses are also tied to the revenue produced by your play last month and in the current month. A VIP must maintain play to get paid. We are looking at simplifying levels and allowing players to choose their own level, but it will all be tied to revenue .... and play. (We launched this in August and are revising it as we learn more. It is likely that November bonuses and qualifying play will be different than this month. (It is not a matter of how much we pay out, but how to get the best bang for the buck and reward players the way they want.)

TruePoker CEO

[Copernicus]

[ QUOTE ]
"how does third party RB and the VIP program interact? What are the VIP threshold levels? I could not find that. "

Third party rakeback,where a player signs up thru you, is different than TruePoker's own VIP program, which includes a rakeback bonus.

A player may fall under your 3d party rakeback program (if you bring him in) or under the VIP, not both. The two do not intersect. If you bring a player in via a rakeback program, we will not steal him or allow him to circumvent you for another program or the VIP.

As for the VIP levels, the bonuses run from 15% - 40%. The minimum level, to get a VIP bonus is 2,000 raked hands. Bonuses are also tied to the revenue produced by your play last month and in the current month. A VIP must maintain play to get paid. We are looking at simplifying levels and allowing players to choose their own level, but it will all be tied to revenue .... and play. (We launched this in August and are revising it as we learn more. It is likely that November bonuses and qualifying play will be different than this month. (It is not a matter of how much we pay out, but how to get the best bang for the buck and reward players the way they want.)

TruePoker CEO

[/ QUOTE ]

Any VIP/rebate programs for tourney players?

Thanks for the Tony update. Too bad if youre right about the conflict, he's a creative attorney, not content to sit back and write the "safe" opinions. His thoughts on this would have been interesting.

[RemyXO]

(1) TPCEO, you are the man. VNH. Never played at your site, but now I will, out of respect, if anything else. Thank you.

(2) Phil is on Frist's staff, looks like. Why would he go around trying to hammer down the point that online poker is illegal by the provisions of this act?

(3) I am a firm believer that this will be eventually cleared up in court. If the government never pursues the enforcement, everyone will just laugh and piss on them. If they do, they will end up detaining and/or taking to court someone from online poker community. After a year of marching through the process, it will end up somewhere in the Federal Court of Appeals that will rule that poker is a game of skill and the present Act does not outlaw online poker. Precedence will be set, and any further infrigements on our rights will be thrown out by any court in the United States.

(4) Even the DOJ admits that poker is not a "game of chance" ... why don't the poker sites get together and fund a litigation to settle this once and for all?? I think that's the approach that PPA should be taking as well. Screw behind-the-scenes lobbying, bring it all out to the sunshine and kick Frist in da nuts!

Cudos!

[Copernicus]

[ QUOTE ]

(4) Even the DOJ admits that poker is not a "game of chance" ... why don't the poker sites get together and fund a litigation to settle this once and for all?? I think that's the approach that PPA should be taking as well. Screw behind-the-scenes lobbying, bring it all out to the sunshine and kick Frist in da nuts!

Cudos!

[/ QUOTE ]

Thats why the legislation is written in terms of "games subject to chance". The writers werent going to let such an easy one like that get by, and is the main reason that poker isnt mentioned explicitly, since it is clearly subject to chance.

[djames]

I don't understand. Why is everyone claiming to know exactly was is/isn't legal now anyway? Until the final regulations are set forth, no one can know. What am I missing? Is everyone arguing about what is legal until then?