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EvenBob
EvenBob
Joined: Jul 18, 2010
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May 10th, 2012 at 12:26:59 AM permalink
Read it and weep' rel='nofollow' target='_blank'>http://www.pokerq4.com/high-stakes-poker-season-8-cancelled-was-hsp-full-tilt-charade-1015]weep you who doubted me.
High Stakes Poker was a con job from the git go.
It was a fraud perpetuated by Full Tilt Poker. Most
of the players were NOT playing with real money,
and you called me names and dissed my character.

Have you noticed its long gone? And your hero, Gabe
Kaplan, is embroiled in lawsuits? Tsk tsk, for ever
doubting me...
"It's not enough to succeed, your friends must fail." Gore Vidal
100xOdds
100xOdds
Joined: Feb 5, 2012
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May 10th, 2012 at 12:51:18 AM permalink
Quote: EvenBob

Read it and weep' rel='nofollow' target='_blank'>http://www.pokerq4.com/high-stakes-poker-season-8-cancelled-was-hsp-full-tilt-charade-1015]weep you who doubted me.
High Stakes Poker was a con job from the git go.
It was a fraud perpetuated by Full Tilt Poker. Most
of the players were NOT playing with real money,
and you called me names and dissed my character.

Have you noticed its long gone? And your hero, Gabe
Kaplan, is embroiled in lawsuits? Tsk tsk, for ever
doubting me...



so Full Tilt backed their players financially. these players had nothing to lose so the big gambles and wild calls. made for a more interesting show.

how did the full tilt pros make $? did they keep the profits, but full tilt covered the loses?

and what % of players were not fullt tilt players? (thus were playing w/their own $?)
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
FleaStiff
FleaStiff
Joined: Oct 19, 2009
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May 10th, 2012 at 3:07:06 AM permalink
Quote: EvenBob

High Stakes Poker was a con job from the git go.

Probably was. A TV show wants ratings so its sponsor can make money. In this case, the Sponsor mainly sold advertising to Full Tilt Poker so the show was Full Tilt financed players shown playing poker and the purpose was to entertain the audience and keep that name Full Tilt on their minds.

All poker is full of "stars" with secret entanglements and pre-existing final chop agreements. All poker is stars presenting themselves as independent entities who later turn out to have links to various sites or owners of sites.

Full Tilt kept telling every one we segregate your deposits. No one ever saw a trust fund agreement, a CPA letter or a bank's Letter of Credit. Alot was hucksterism and showmanship.

Whenever you have all those secret web servers and secret corporate entities what do you expect of the spokesmen? What do you expect of the software?

The money is not made with players from Uzebekastan ... the money is made with players from the USA.
Tiltpoul
Tiltpoul
Joined: May 5, 2010
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May 10th, 2012 at 3:43:59 AM permalink
Quote: EvenBob

Read it and weep' rel='nofollow' target='_blank'>http://www.pokerq4.com/high-stakes-poker-season-8-cancelled-was-hsp-full-tilt-charade-1015]weep you who doubted me. High Stakes Poker was a con job from the git go. It was a fraud perpetuated by Full Tilt Poker. Most of the players were NOT playing with real money, and you called me names and dissed my character.



I don't know that I ever doubted you... then again, I don't know that I ever posted much about the issue.

To me, this is kind of a no-brainer. It's well-known that most of the famous poker players get backed by their sponsors, and it wouldn't surprise me if Full Tilt did the same thing. The mismanagement of players funds then would get mixed in and I can see how it became a giant mess.

I still believe that the Ponzi scheme that now appears to be Full Tilt Poker didn't start out that way, but poor decisions and a lack of control quickly made it one.

BTW, my s/n has nothing to do with poker... I picked the name long before poker reached it's dizzying popularity. It's just a random word I made up at the time.
"One out of every four people are [morons]"- Kyle, South Park
WizardofEngland
WizardofEngland
Joined: Nov 2, 2010
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May 10th, 2012 at 3:52:11 AM permalink
I think the article is misleading.

Sure they were backed by FullTilt and while it wasnt their money to lose, other things were at stake;

1) if they won a big pot, they got to keep some of the profit (I assume 50%, as thats how it usally works).

2) if they kept losing pots, they would not be asked back on the show. The show is good for their image and point 1 above.

3) if they kept losing pots, the sponsor may question their ability and end the sponsorship period.

Think of it like this, 4 people sat round the table funded by full tilt, people like The Mouth, Hellmuth and Negraneu came to the table hoping to take money from this 'team'. They knew that in advance, and understood the risks.

These are people at the very top of the game. Just because it wasnt their money didnt mean it was a pointless show. It was entertainning, Gabe is my favourite host over all comers, it educated recreational players enough that they donated $$$ by signing up, and kept poker in the limelight.

You watch the clip of Negraneu losing full house to quads, look at his face, and tell me its not real. That clip alone is Poker TV Gold.

And you think these guys dont play for these stakes when the camera is not rolling? I saw some much bigger pots at the Aria in November, and there wasnt a camera in sight. High stakes poker occurs every day, its just not on GSN or ESPN anymore.
http://wizardofvegas.com/forum/off-topic/general/10042-woes-black-sheep-game-ii/#post151727
zippyboy
zippyboy
Joined: Jan 19, 2011
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May 10th, 2012 at 6:24:51 AM permalink
First of all, that article is 5 months old. Second, it's not much of a surprise. Third, not all those players on those shows were affiliated with sites. Sammy Farha and Eric Seidel come to mind as players who famously never linked themselves with poker sites, both of whom have multiple bracelets to prove they're not posers who need sponsor backing cash.
"Poker sure is an easy game to beat if you have the roll to keep rebuying."
WizardofEngland
WizardofEngland
Joined: Nov 2, 2010
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May 10th, 2012 at 6:27:41 AM permalink
Quote: zippyboy

First of all, that article is 5 months old. Second, it's not much of a surprise. Third, not all those players on those shows were affiliated with sites. Sammy Farha and Eric Seidel come to mind as players who famously never linked themselves with poker sites, both of whom have multiple bracelets to prove they're not posers who need sponsor backing cash.



Yeah Eric never linked himself.... Maybe he liked the design of the logo?
He was one of the most sponsored full tilt pros ever....



http://wizardofvegas.com/forum/off-topic/general/10042-woes-black-sheep-game-ii/#post151727
zippyboy
zippyboy
Joined: Jan 19, 2011
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May 10th, 2012 at 6:29:25 AM permalink
oops! hmmmm, who was I thinking about then? Let's make it a game. Who can think of any other famous player to regularly appear on those type shows who was never affiliated with poker sites? Scotty Nguyen maybe?
"Poker sure is an easy game to beat if you have the roll to keep rebuying."
WizardofEngland
WizardofEngland
Joined: Nov 2, 2010
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May 10th, 2012 at 6:59:07 AM permalink
Quote: zippyboy

oops! hmmmm, who was I thinking about then? Let's make it a game. Who can think of any other famous player to regularly appear on those type shows who was never affiliated with poker sites? Scotty Nguyen maybe?



Nope.

http://wizardofvegas.com/forum/off-topic/general/10042-woes-black-sheep-game-ii/#post151727
WongBo
WongBo
Joined: Feb 3, 2012
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May 10th, 2012 at 7:04:10 AM permalink
unscrupulous poker players, dishonest casino enterprises,
gee, i couldn't have seen that coming...
In a bet, there is a fool and a thief. - Proverb.

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