Last Friday, the terrible news that the world's 2 largest poker sites (and Absolute Poker) had been blocked in the US (due to suspicion of bank fraud, illegal gambling offenses and laundering millions billions in illegal gambling proceeds) dropped down like a bomb and left no one untouched.
However, not everyone (mostly non-US residents) were so disappointed at first as they thought the situati[...] Read more » No huge overlay tournaments/series to expect
Joined: Apr '09
Age: 42 (M)
People cant complain that much about the reduced prizes, i think they were good in the same. Perhaps, once they all payed expecting one think, they could see the buy-in reduced in a symbolical value, now transfered into all players acount. This is just an idea.
Joined: Apr '09
Age: 38 (M)
I'm pretty sure there were overlays in the first few hours after it happened, I was reading 2+2 as the story broke and people were reporting overlays.. But shortly after that everyone had the same idea + I think people were excited and wanting to log on and all the games met the GTDs.. After that obviously the rooms then had time to adjust them.
Joined: Jan '10
Age: 30 (M)
what? As far as I know PS has incomes in around 1.5 billion dollars a year (I don´t know the correct terms in english. What I mean with income is that their costs aren´t in that)
That at least is the number of bucks I found on the web. So I dont think Pokerstars will get into financial trouble because they once need to pay some overlays... because let´s be honest: mostly their big tournaments were full enough anyway so there were no overlays.
Joined: Apr '11
Age: 33 (M)
This was really a earthquake in the world of online poker for sure. Many non us players thought that everything will be the same from now on. It was clear they'll be a bit dissapointed that the largest sites, PokerStars and Full Tilt Poker were forced to reduce the prize pools in their biggest guarantee tournaments and tournament series because of the low number of players registered. Now i really hope that all US palyers will be able to cash out and get their money back. As you know all non US players can cash out already so for those everything is normal. I think it's possible that some us high stakes to move to europe for good. Lets hope everything will work out good eventually.
Joined: May '09
Age: 36 (M)
it was bound to happen, dnt think poker sites are too dumb to lose that much money cause of overlays. as soon they noticed they changed it, surely prizepools will not be same with US players gone. so rest of ppl are losing too in this
Joined: Dec '09
Location: United Kingdom
Age: 40 (M)
there is still quite a few tourneys with over lays on pokerstars but i dont think it was like everyone thought it would be, the bigger ones have been ok. about going to ipoker there is no way pstars still has the most people playing most tourneys and best for sngs. the americans are a big loss but still 195k people on pstars just now
Joined: Oct '09
Age: 59 (M)
I´m not so sure that US players will get their money back. If you read the "FBI and DOP" message on the seized domains, it clearly syas that all online gambling is illegal, and that anyone can be prosecuted.
So it seems to me they can seize all illegally gained profits (bankrolls). I could interpret this wrong, don´t know...