Full Tilt and the PPA...FINALLY A GREAT IDEA

[KEW]

"2) The absolute LAST thing Full Tilt wants to see happen is a poker carve-out. How could they possibly compete with sites like Party (when it re-enters the market), or even more so, the big US casino sites that would pop up...like Bellagio, MGM, Harrah's, etc. dot com?"

I think you are wrong here...IMO If there was a carve out the US based company would enter the online poker market through merger and acqusitions...Sites like Party,Stars and Full Tilt are very valuable for there established technologies,player base and marketting knowledge...IMO Harrah's will not try to reinvent the wheel they will buy the whole car(ie Stars and other established sites)...

[straightflush]

I don't understand where some of you guys are coming from. I am going to take the largest bonus available because

a) I play quite a bit on Full Tilt
b) I don't see any negative outcomes from the PPA getting more funding.

What am I missing here? The PPA is not going to work against our interests. Even if they for some reason don't try to help, I'm not losing anything.

[Emperor]

Why is there no overlay at the $1000 level?

I would do the $1000 if they gave like $1100 in bonus, otherwise I am encouraged just to give $100 for $200 in bonus [img]/images/graemlins/frown.gif[/img]

[ASD99]

yeah i feel the same way...has to be a typo because doing the $1000 level absolutely makes no sense since you are not getting anything for a profit...as with the other levels you are at least getting 25-100% overlay.

[Tk79]

If I donate $1000 I get $1000 bonus. That bonus then most likely comes out of my MGR and 27% of $1000 is $270. So for me to do the max bonus it actually would cost me $270. Am I missing something or is that whats going on here?

[Mondogarage]

[ QUOTE ]
1) 2) The absolute LAST thing Full Tilt wants to see happen is a poker carve-out. How could they possibly compete with sites like Party (when it re-enters the market), or even more so, the big US casino sites that would pop up...like Bellagio, MGM, Harrah's, etc. dot com?


[/ QUOTE ]

My point exactly. Thanks for proving it for me.

So:
1. Full Tilt does *not* want a poker carve out from the UIGEA;

2. PPA says they are working for a poker carve out, but otherwise has pretty much made almost no other information public (financing, membership roster, actual records of meeting, etc.);

3. Full Tilt is working to help the PPA raise funds.

So this doesn't leave you with the glaringly obvious question...why would Full Tilt work *with* the PPA if the PPA's stated goal is contrary to Full Tilt's interests?

Answer: The PPA is actually working more towards Full Tilt's interests than yours. If your interests run parallel to FTP's, then great. But if you don't see how their interests can run counter to yours, then you're missing a read here.

Either way, that's not picking on FTP, because they're up front about what they are doing (e.g., trying to get money to the PPA). It's the PPA that's been less than candid.

[danzasmack]

mondorage,

FT does want a poker carve out.

[cowboy.up]

[ QUOTE ]
If I donate $1000 I get $1000 bonus. That bonus then most likely comes out of my MGR and 27% of $1000 is $270. So for me to do the max bonus it actually would cost me $270. Am I missing something or is that whats going on here?

[/ QUOTE ]

I believe you are correct - you recoup the $1000 donated from the bonus, but you're $270 behind in potential rakeback from donating and bonus clearing just go get back to 'even.'

[faustusmedea]

I won't counsel one way or the other, but there is a point you should consider. Last year when Party did this, the new law had not been enacted. This time its a little different.

Essentially, it is pretty transparent you are being asked to exchange funds with an illegal offshore entity and a US based lobbying organization. May or may not be an issue for most of you, but you should at least consider it.

[dneedle1]

Has anyone actually signed up and received bonus money from FT? If so, please advise. Their e-mail seems quite serious, but the "its too good to be true" radar has gone off.