FBI just seized the big 3 poker sites and indicted the founders

[DMC]

I hear US regulation of illegal drugs is working out spectacularly. The oversight of the DEA has been impeccable and once ins uted swiftly removed the issue.

The US doesn't regulate illegal drugs. They only regulate legal ones. You cannot regulate things that are already illegal.

However, this is a red herring. It has nothing to do with whether or not poker sites are regulated.

[DMC]

Also, I hear the SEC's oversight prevented Bernie Madoff from swindling money from a lot of people. They stopped him in no time.

Cherry pick all you like. There's a reason oversight and regulation exists. If a casino was fixing games, and it was as obvious as what was happening online, the gaming commission would have acted on it. The casino would not have been left to police itself.

Also, you could have put all that into one post.

The is just an indication that you don't have a leg to stand on.

When you say "it was caught", well of course otherwise you wouldn't know about it, which begs the question.... what isn't being caught? Before it was caught, everyone was calling these people full of , saying they were just pissed and sore losers. You are using the same argument, except you are allowing this one exception because you cannot deny it.

When you find a roach in your kitchen, it's not the only roach in your house.

[ALVAREZ6]

I think y'all definitely need to do some more research, specifically on how the Netherlands government has been cracking down on the red light districts and the abuse and organized crime that were and probably still is taking place there. Also, pros ution has barely been legal there since 2000. I don't think one can take a lot from such a small time span concerning something that is constantly linked to physical and mental abuse as well as rampant criminal activity.

AP story concerning the Amsterdam city buying 1/3 of the Red Light district simply to stop the criminal activity taking place behind its doors: http://www.religionnewsblog.com/1668...kdown-on-crime

And, you misread: I didn't say legal or illegal, I said ORGANIZED. Any kind of organized pros ution, be it legal or illegal, invariably leads to abuse of the worst kind. And while illegal pros ution may be the worse of two evils, I don't think legalizing it is the answer.

Well I was actually thinking of that before posting, but let's be real, where the is pros ution not organized? You have organized pros ution almost everywhere. I think it would be a much better system with more control and regulation if it were legal.

[MannyIsGod]

The US doesn't regulate illegal drugs. They only regulate legal ones. You cannot regulate things that are already illegal.

However, this is a red herring. It has nothing to do with whether or not poker sites are regulated.

Cherry pick all you like. There's a reason oversight and regulation exists. If a casino was fixing games, and it was as obvious as what was happening online, the gaming commission would have acted on it. The casino would not have been left to police itself.

Also, you could have put all that into one post.

The is just an indication that you don't have a leg to stand on.

When you say "it was caught", well of course otherwise you wouldn't know about it, which begs the question.... what isn't being caught? Before it was caught, everyone was calling these people full of , saying they were just pissed and sore losers. You are using the same argument, except you are allowing this one exception because you cannot deny it.

When you find a roach in your kitchen, it's not the only roach in your house.

Grasping for straws? You made a really stupid statement that is obviously easily contradicted and I'm grasping for straws? YOU said that US regulation would somehow prevent these situations from occurring. That is absolutely false. US regulation never prevents bad situations from occurring and those are just two examples of that. Prohibition is a form of regulation so of course the United States regulates the use of illegal drugs by prohibiting it all together.

It doesn't even matter because its all moot since these sites ARE regulated. The United States isn't the only government and it certainly does not have the best track record for regulation so for you to somehow act as if the absence of US regulation means that these sites are completely unregulated and lawless is simply wrong on a fundamental level.

What is really grasping for straws is your attempt to say there is a lot of scamming going on based one one scam and the unknown. I believe the burden of proof belongs to show there IS scamming and not that no scamming exists.

The track record is there. Full Tilt and Stars have done absolutely nothing to give anyone a fear at all that they are somehow running roughshod with anyones money. These companies pull in billions in revenue annually so for them to risk that money for gains much smaller would be some of the worst business practices imaginable. The fundamental lack of systematic motivation to have an illegitimate operation due to the incredible profit margins of a legitimate business model is really the largest hole in your argument.

The actions of Full Tilt and Poker Stars prove this. They've covered all player deposits and withdrawals in the face of processors who have been fraudulent, they have agreed to return players money with the DOJ as of today, and there have been no major incidents of fraud involved with these casinos.

So yeah, you pretty much have nothing to stand on. GG and ship it.

[MannyIsGod]

But yeah, Casino regulation in the United States is perfect.

http://www.casinofreephilly.org/casi...rganized-crime

[midnightpulp]

The games are easy live - there's no doubt. Everytime I've been to my local casinos I nearly crack up. But its boring as and slow as . I was used to playing 500-700 hands online per hour. Cut that down to 30 and its SO boring. Especially when you're sitting with 8 other people and you can only stand maybe one of them at any given point.]

Playing live with people you know is fun. Playing at casinos is fun in small doses but doing it the way I played online for a living? Yeah that.

And seeing so few hands per hour live, a bad run can last months before the cards start to break even again.

I remember how pissed I was when Party Poker restricted their service to US players after the UIGEA was passed. '04-05 era Party Poker was a gold rush. You could mul able 1-2 limit and pull in a grand a week. The games were so soft, all that was basically required to be successful was to stick to basic starting hand strategy.

Last time I seriously played was in '07, on Stars, and Christ were those games rocky. Both in Limit and No-Limit.

[MannyIsGod]

And seeing so few hands per hour live, a bad run can last months before the cards start to break even again.

I remember how pissed I was when Party Poker restricted their service to US players after the UIGEA was passed. '04-05 era Party Poker was a gold rush. You could mul able 1-2 limit and pull in a grand a week. The games were so soft, all that was basically required to be successful was to stick to basic starting hand strategy.

Last time I seriously played was in '07, on Stars, and Christ were those games rocky. Both in Limit and No-Limit.

R
Limit was virtually unbeatable at the low levels after UIGEA. NL was still beatable but definitely not what it was before UIGEA. Even a breakeven player could make a good amount of money with rakeback if they put in a large volume.

But yeah, a really really simple TAG style would murder limit back in the day. Easiest money ever.

[tdominate21]

edit- double post

[tdominate21]

http://www.gambling911.com/poker/onl...nd-061011.html

Online Poker Likely to be Legalized in US by Year’s End
[/B]
The same day that Nevada’s Governor signed a bill into law that would allow online poker operators to do business in the state, US federal efforts also appear to be moving forward

Nevada Governor Brian Sandoval signed a bill that would ultimately make Nevada home to various legalized Internet gambling sites in the US with an initial focus on Web poker rooms.

Not the most reliable source, but here's to hoping. It looks like casinos are chomping at the bit to get in on this after the new poker bill passed in Nevada. Sucks for Pokerstars and Full Tilt though.