Re: Ahead of the curve=>Next step: Confiscation.
 

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It's times like this that you realise that Poker Stars is the best site around. They are the only Poker Site that ensures that always have enough funds to cover their clients cash balances - none of the others do - technically if everyone requested a cash out at the same time at a.n.other poker site would not be able to honour the agreements - I cam only guess as to what would happen next [img]/images/graemlins/frown.gif[/img]

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wow, people on this site get more retarded every day.

Re: Ahead of the curve=>Next step: Confiscation.
 

Haha I hope you're laughing as hard as I am. You're gonna give a bunch of your fellow zootians heart attacks.

Re: Ahead of the curve=>Next step: Confiscation.
 

[ QUOTE ]
It's times like this that you realise that Poker Stars is the best site around. They are the only Poker Site that ensures that always have enough funds to cover their clients cash balances - none of the others do - technically if everyone requested a cash out at the same time at a.n.other poker site would not be able to honour the agreements - I cam only guess as to what would happen next [img]/images/graemlins/frown.gif[/img]

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technically if everyone went to their bank and asked for their money at the same time...

Re: Ahead of the curve=>Next step: Confiscation.
 

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There is absolutely <font color="red"> no </font>chance the party skins will take player funds.


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Nothing and I mean Nothing is 100% certain. Always keep your exposure to a minimum. I do not feel safe when my money is in the bank either but still I keep some there...


ToT

Re: Ahead of the curve=>Next step: Confiscation.
 

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And will this happen before or after a meteor strikes the United States and renders the Earth uninhabitable?

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Before. Obviously.

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baah, we'll be fine as long as it only strikes the US...

Re: Ahead of the curve=>Next step: Confiscation.
 

Theards like this only make it more likly that the skins freeze accounts from all the cashouts, becasue they make everyone panic and withdraw.

Re: Ahead of the curve=>Next step: Confiscation.
 

[ QUOTE ]
[ QUOTE ]
It's times like this that you realise that Poker Stars is the best site around. They are the only Poker Site that ensures that always have enough funds to cover their clients cash balances - none of the others do - technically if everyone requested a cash out at the same time at a.n.other poker site would not be able to honour the agreements - I cam only guess as to what would happen next [img]/images/graemlins/frown.gif[/img]

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technically if everyone went to their bank and asked for their money at the same time...

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Yea, all that says to me is PokerStars really really really needs to hire a guy who's had a finance class before.

Pretty basic stuff.

Re: Ahead of the curve=>Next step: Confiscation.
 

FYI. Having some concern about this I cashed out $2,000 last night from Empire. The money was in my Neteller account by this morning.

FWIW, I still have a little money left at EP. I am still deciding whether or not to withdraw the remaining funds.

Re: Ahead of the curve=>Next step: Confiscation.
 

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I call it as I see it. I wasn't joking.

And no, all monies are not in the control IGMPAY (party).

Eurobet's and Intertops' are in the control of their sportsbooks. These I'm worried about the least, as they have large betting operations in Europe and are not likely to fail on payment...but they'll delay a lot (I'm sure Intertops will delay a week or more, as usual on their cashouts, creating further panic).

From Empire, I have become used to expect anything, and IMO that's where funds are in greatest danger.

But hey, that's just my opinion.

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Empire will change all business to Noble-Poker in 2005 and be bankrupt in spring 2006...guaranteed...

Re: Ahead of the curve=>Next step: Confiscation.
 

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Nothing and I mean Nothing is 100% certain. Always keep your exposure to a minimum. I do not feel safe when my money is in the bank either but still I keep some there...

[/ QUOTE ]


Agreed.
I'm MOSTLY with Jason on this one...but won't go so far as to say NO chance.
but I also won't say that there is ZERO chance that the sun won't rise tomorrow.


I feel 99.99999% 'comfortable' with the money in my bank.
I previously felt about 99.9678% 'comfortable' with the money I have in Empire.
I currently have adjusted this to about 99.9670% 'comfortable' with the money I have in Empire.


the difference in the chances of them just deciding to close-up shop and keep your money from before as opposed to now is virtually negligible.


There are PLENTY of online-sites who have an even smaller player-base than Empire who are doing fine.

They may even be doing BETTER now (or close to it) for all we know.
I have no idea how much they had to give back to Party before...but now they obviously get to keep more of it.


It LOOKS like there are virtually no tables running at the skins...but you don't know whether they had THAT many more players there in the first place.
Obviously some of the multi-tabling TAG's have left but we really don't know what kind of difference they are facinig.

On top of that....even if they only ran a handful of tables they are STILL making a profit. It's not like they have huge operating costs.


Do you think that TruePoker is going under also?
They have significantly fewer tables running than Empire.


What about all the prima and crypto skins?
There really aren't that many games going on over there yet there are about 9-zillion skins dividing up all those players.
How many players are really getting on via Littlewoods, Carib-Sun, BetonBet, etc etc?


some people need to do a better job of thinking this stuff through and need to stop freaking panicking.

It's unnecessary and annoying.