Former Full Tilt Poker Red Pro Brandon Adams was one of the first to defend his former employer during the aftershock of Black Friday. A day after the three major poker rooms were shut down by the U.S. Department of Justice, Adams wrote via Twitter that Full Tilt Poker "is run by much more honorable people than PokerStars. So your money is much more likely to be safe there."
Oops.
Adams has since been vilified for his comments by a large portion of the poker community. But he's admitted his mistakes, and even addressed the situation Thursday in a TwoPlusTwo thread called "FTP pro Brandon Adams trolls PokerStars."
"I have no guilt in the Full Tilt situation," Adams wrote. "I made some dumb comments about PokerStars after wine on Black Friday; that is the extent of my misdeeds. I have always spoken my mind in poker. I've written and spoken about controversial stuff everywhere for six years — on podcasts, in interviews, in these forums, and in private conversations. Some of the stuff I say will, inevitably, be proven terribly wrong."
"I never had anything close to an ownership interest in FT. My deal was only marginally better than a standard FT deal of $35 an hour plus rakeback. The fact that FT couldn't cover deposits came as a complete shock to me. I never knew about any shortfall."
"In the recent DOJ material, they note that the total amount paid to FT owners was around $400 million. If I had attempted to estimate that number in, say, March 2011, I would have come with a number that was in that range, but somewhat smaller, perhaps $200-250 million. The really shocking thing about the recent FT material is this: it implies that Full Tilt made little more than $100 million over the life of the company, despite raking about $3 million a day over a significant length of time. At the time of Black Friday, they had -$300 million in book value, and owner payouts of $400 million. You think I would have been associated with the company if I knew that they had negative book value for even a single minute? I wouldn't have."
The TwoPlusTwo thread is filled with a lot of nonsensical clutter, but Adams makes his appearance on Page 22 if you'd like to have a look.
Congress to Hold Hearing on Online Poker
On Tuesday, Oct. 25, 2011, the U.S. House of Representatives’ Subcommittee for Commerce, Manufacturing, and Trade will hold a hearing on Internet gaming. Among the topics of discussion will be the merits of Congressman Joe Barton’s (R-TX) Online Poker Act of 2011 (HR 2366). Barton is one of the members of the subcommittee.
The Poker Players Alliance is encouraging the poker community to reach out to the subcommittee requesting that the members support online poker at the hearing. The organization also sent an email to its members on Tuesday with a brief statement about its game plan leading up to the Oct. 25 hearing: "The PPA and its lobbying team will continue to meet with members of the subcommittee and their staffs leading up to next week’s hearing. We will be asking PPA members whose U.S. Representative is a member of this committee to contact their member directly before the hearing."
Read more about the hearing at PokerNews.
The Donald Eyes Online Gambling Venture
Party poker games are desirable to young plus the old as they supply great game opportunities. The Party Poker Bonus Code over the internet games are owned by Celebration Gaming plc and it provides varied poker games to the players going to the play rooms. The benefits of those on the web games are that you can aquire accesses to the web page and play poker games whenever you desire.These extremely enjoyable packed games are supported with many different bonus point delivers that give greater taking part in chance towards the poker players.
The varied bonuses provided by the poker web pages may be accessed by using the bonus code supplied by the internet sites. With these poker bonuses one can get many increments whilst participating in the game. Within a typical poker taking part in session one can gain as much as ten dollars if he tends to make use of the bonuses. Cash rewards are also delivered towards the e-mail account of the player so, that the player can carry on the gaming instantly. The poker games that are effortless to win and which gives actual funds values for the dollars are the key attraction of those games.
Celebration poker could be the the vast majority of trustworthy on the internet game and nearly all of the poker rooms offer party poker games that are secure and simple to spend time playing. These web sites supply the prospects with stable game software program, sign-up bonuses for players and perfect customer assistance by means of their web pages. The player can make use from the sign-up bonuses within sixty days. A player who has no massive bankroll can make use of this bonus to experience the game till he win and earn some dollars.
The quite a few delivers and bonuses maintain the party poker rooms occupied with party poker fans. The stakes inside the sport is usually as low as getting a cent and could attain to 20 5 dollars. Video games like Texas Holder and Omaha delivers guaranteed everyday repayments towards the players if they’re in win scenario as they are tournament video games. So, ahead of beginning to carry out your preferred celebration poker video game study the particulars offered within the websites relating to the many reward codes provided by celebration poker games.
One significantly more attribute from the game that makes it well-known the globe more than may be the truth that any fore could possibly be employed for participating in the game. The players will acquire a $100 reward within their currency inside the occasion the player is taking part in the game for the extremely first time. You could play celebration poker with bucks, euro and sterling matching with your comfort.
But one other feature of the game which helps make it well-liked the globe more than is the fact that any currency could possibly be utilized for playing the sport. The players will get a $100 bonus inside their currency when the player is enjoying the game for the extremely first time. You happen to be in a position to play celebration poker with dollars, euro and sterling in respect together with your comfort.
The celebration poker world-wide-web web sites spend their credits in little chunks and this could help you to maintain the reward dollars even must you be not able to create 50 % of your reward income supplied for sign-up inside the provided sixty days time. The exchange charge inside the currency utilized using the participant may have unique really worth following exchange. So, the celebration poker points earned by folks employing unique currency will differ. So, the player ought to be conscious with the diverse bonus codes for enjoying celebration poker to possess outstanding gaming encounter from all of these celebration poker internet sites.
For additional information one should have to investigate party Poker bonus code
- Poker Rules Low Hand
Learn Poker rules and how to play Texas Holdem, Stud, Omaha and other variants step by step. Understand the differences between online and B&M poker rules learn to rank ...
- Paryt Poker
- Cheat Poker Xray
This is the latest high-tech poker scam that can be used in private card games, or underground poker clubs, to cheat at poker. This system uses a concealed ...
- Moneymaker Pokerstars
Chris Moneymaker Biography. Chris Moneymaker was born in Atlanta on November 21st, 1975. He has a master’s degree in accounting from the University of Tennessee.
- Poker Ranking Rule
Poker Hand Rankings with General Poker Rules - Cards are individually ranked A (high), K, Q, J, 10, 9, 8, 7, 6, 5, 4, 3, 2, A (low, for straights or low games).