FAO online poker players

Lads i have a wireless broadband but am constantly getting disconnected from poker servers. Becoming quite frustrating. Dont have a landline but have NTL, im thinking of switching to NTL broadband to solve above.

Any suggestions?? What connection do ye use? Thanks
Fenwaypark

I don’t really play online poker (I do very occassionally on paddy power but not often) but NTL offer very good connections.

[quote=“fenwaypark”]Lads i have a wireless broadband but am constantly getting disconnected from poker servers. Becoming quite frustrating. Dont have a landline but have NTL, im thinking of switching to NTL broadband to solve above.

Any suggestions?? What connection do ye use? Thanks
Fenwaypark[/QUOTE]

By wireless do you mean a 3G USB thing or do you have a router that sends out a wireless signal?

have irish broadband so thinking the latter as i have to plug it into wall and connect up to laptop aswell.

Irish broadband is generally shit anyways. You need to have a good connection for the poker alright, although so some sites are worse than others for disconnecting, especially ipoker (paddy power, boyles etc). So if your connection is anyway flaky playing their will magnify the problem. Sites like Pokerstars, Full tilt etc seem to disconnect far less.

use to play paddy powers a bit till they switched over to i poker network. pokerstars is best but you cant play your normal game worrying if a disconnection is around the corner. think i’ll switch to NTL. Thanks for replies.

Three of the biggest online poker sites operating in the United States, have been closed down by the FBI after it charged 11 people - including the companies’ founders - with bank fraud and money laundering.

[b]One of the companies - Full Tilt Poker - has a subsidiary in Ireland.

Pocket Kings, based in the Cherrywood Business Park in Dublin, is a service provider to Full Tilt Poker and employs 700 people. [/b]

Online gambling is a fast growing market worth billions of euros, but is illegal in the US.

The companies themselves have said they believe their activities are legal.

This could be a big story…

Absolutely huge. Full Tilt is THE site for poker. Most of the big money games are on there. I assume all players funds are frozen too.

Meet The Boy Genius Who Just Took Down The Online Poker Industry

A FORMER Queensland internet king is believed to have been a key figure behind FBI action against three major gambling websites in the United States.

Daniel Tzvetkoff, who had been facing 75 years jail in the US, has done a deal with prosecutors which has seen him freed on bail and living in a secret New York location.

The Courier-Mail reported today that the deal came after Tzvetkoff - a Brisbane boy wonder, who started a company with school mates at 13 - became embroiled in a massive, $543 million stew of money laundering, bank fraud and conspiracy that could bring down the world of online gambling.

Federal prosecutors in New York yesterday charged the founders of the three largest internet poker companies in the US with bank fraud, money laundering and other gambling offenses and are seeking penalties upward of $3 billion.

Federal authorities also froze approximately 76 bank accounts in 14 countries that contain proceeds from the alleged offenses. They also shut down five internet domain names used by the three companies to host their games.

A total of 11 defendants, including the founders of Poker Stars, Full Tilt Poker and Absolute Poker, were named in the indictment unsealed Friday.

The Courier-Mail reported today that two of those companies Full Tilt Poker and PokerStars, had been seeking $100m they believed Tzvetkoff had taken from them.

Tzvetkoff was arrested in April last year and charged with money laundering, bank fraud and conspiracy for processing $543m in illegal internet gambling earnings through his British Virgin Islands corporation, Intabill, the trading arm of his now liquidated Brisbane company, BT Projects.

He was mysteriously bailed last August, and US authorities are using his inside knowledge of the gambling industry to go after gaming companies.

In yesterday’s indictment, federal prosecutors explain that poker companies operating offshore cannot accept most forms of payment “in connection with the participation of another person in unlawful internet gambling.” Since most banks in the US would not process their payments, the companies circumvented federal law by making payments appear to be transactions for other types of merchandise.

In the indictment, federal prosecutors say they arranged for payment processors with bank accounts in the US to receive payments from US gamblers and disguise them as payments for products such as jewelry or golf balls.

Of the billions of dollars in payment transactions that the Poker Companies tricked US banks into processing, approximately one-third or more of the funds went directly to the Poker Companies as revenue through a charge players must make on almost every poker hand played online.

That scheme worked for a while until some banks caught on. By 2009, they had shut down many fraudulent bank accounts used by the poker companies. Two of the defendants later came up with a scheme to persuade the principals of a few small, struggling banks to process payments in return for multi-million investments.

In one case, they persuaded the vice chairman of SunFirst Bank in Saint George, Utah, to process gambling transactions in return for a $10 million investment.

“As charged, these defendants concocted an elaborate criminal fraud scheme, alternately tricking some US banks and effectively bribing others to assure the continued flow of billions in illegal gambling profits,” said Preet Bharara, US Attorney in Manhattan.

“Moreover, as we allege, in their zeal to circumvent the gambling laws, the defendants also engaged in massive money laundering and bank fraud.”

Just reading about it there, looks like the owners of these sites are absolutely fucked. They both conned and bribed banks into accepting payments from the sites by setting up hundreds of bogus online merchant sites, non poker related, and funnelled the money through these.

What was their modus operandi here? Was it to avoid tax or launder money or what? Is online gambling allowed in the US?

Online gambling is illegal in the US, so all the major companies set up european operations with FT setting up here, presumably taking advantage of our low corporation tax.

FTP’s licence suspended this morning. Could be some interesting times ahead…

:o

From reading online it looks like their licence is suspended until a court hearing which isn’t until the end of July.
This could could have a big impact on the 100’s of people they employee in Dublin.

I see Eoin O’Dea ( son of pro player Donnacha O’Dea) is down to the last 10 in the main event of the WSOP.

They play until there are 9 left and then the final table isn’t played for a few months.
There’s $9m up for grabs for the winner.

He’s down to the last 9 now Runt. Guaranteed final table place and minimum payout of $800k. He threw a Paddy Power patch on him even though he’s not sponsored by them so I reckon they’ve thrown a load of money at him for some extra exposure!

Jaysus they never miss a trick.

It’s very common in the poker world mbb. Companies would always be on hand at final tables of televised tournaments offering to “sponsor” a finalist.

Anyone playing poker these days or was it all just a fad.