Joined: Feb '11
Location: Portugal
Age: 32 (M)
Posts: 56
The Poker Players Alliance, through its Executive Director - John Pappas, said it could be between $ 100 to $ 500 million U.S. dollars frozen in accounts of American players.
"It's difficult to know the total. Some people like me had only $ 56 in your account, but there is also a considerable number of professional players (about 100,000) with tens of thousands of dollars. Some top players may even have a few million. "
The major concern for the rooms are already Cereus Network - Ultimate Bet and Absolute Poker - that despite having reached agreement with the Justice Department the U.S. have failed to resolve doubts, because unlike achieved by PokerStars and Full Tilt Poker, the agreement of the cereus did not allow the restoration of the area. with their rooms.
"Absolute Poker is a great question, the rumors are going bankrupt. It is not clear when or how the players will recover the money."
Also according to the Poker Players Alliance 10 million Americans played poker online before the closure enacted into Poker's Black Friday.
Joined: Apr '11
Location: Romania
Age: 35 (M)
Posts: 6669
I think it's more like 500 millions dollars than 100 millions dollars, as he stated over 10.000.000 played online poker on pokerstars, full tilt poker, ultimate bet and absolute poker. Now if we only name a few of the top players on full tilt poker especially and pokerstars the numbers are increasing fast. From what i know Daniel jungleman12 Cates, TowDwan durrrr, Phil Ivey had around 10 millions dollars combined on their full tilt poker accounts. There are other players that might have also millions on their full tilt poker accounts, players like Phil OMGClayAiken Galfond for example who played at similar stakes or even Jared Harrington25 Bleznick. These guys have a lot but there are also other lower stake players that play at 25/50 or even 50/100 that have bankrolls over 1 million dollars in order for them to play at those limits and of course many other that have couple of tousands on their accounts. I really hope all will get their money back!
Joined: Apr '09
Location: Australia
Age: 40 (M)
Posts: 6483
Posted by JazzyJeff:
Those are some figures, i wonder how it would feel if you had that much money in your account and you woulden't be able to touch it.
Yeah. It would be pretty full-on . I seriously doubt those outside the poker community could really comprehend what has happened here. It is like suddenly freezing 100s of thousands of peoples bank accounts- including people with over $100K/$1M and suddenly not being able to use it.
I think for the general public reading the press releases they just see "dodgy online gambling site(s) commits bank fraud, FBI investigates, some players have frozen accounts". They fail to read between the line "thousands of people making a legitimate income from online poker have had the entire bankrolls frozen - so not only cut-off from their primary income but also from all of their capital". I think the tendency is to relate it all to degenerate gambling and not really consider the reality of what has happened here.
Joined: Dec '09
Location: United Kingdom
Age: 42 (M)
Posts: 2087
yea when i have told people that dont play poker whats happened they seem to fail to realize how crazy this is, thats an idea all the same saying can you imagine your bank closing down and you cant get your money.
Joined: Mar '08
Location: United Kingdom
Age: 44 (M)
Posts: 6714
@jessthehuman thats because papers are rigged..BTW hows the food in bankrollmobs jail, did the safe lady take car of you. 500 million , well atleast they have now come up with a way to pay back the money, dont think its quite how they planned it tho.
Joined: May '09
Location: India
Age: 37 (M)
Posts: 4873
500 million, wow thats huge. just tells you the kind of money involved in poker and that too from 1 country only. and poker sites will be loosing a big amount too after paying this much money back to americans welcome back jess
