Full Tilt Poker just released a statement regarding Friday’s indictment by the U.S. Department of Justice announcing that it is suspending real money play for USA players until the situation is resolved.
Full Tilt Poker™ Supports Poker Players And Its Chief Executive
Dublin Ireland (April 15, 2011)- Full Tilt Poker is saddened by today’s charges against its CEO Raymond Bitar and offers its full support to Mr. Bitar and Nelson Burtnick.
Online poker is a game of skill enjoyed by tens of millions of people in the United States and across the world. And, Full Tilt Poker remains as committed as ever to preserving the rights of those players to play the game they love online.
Mr. Bitar and Full Tilt Poker believe online poker is legal – a position also taken by some of the best legal minds in the United States. Full Tilt Poker is, and has always been committed to preserving the integrity of the game and abiding by the law.
“I am surprised and disappointed by the government’s decision to bring these charges. I look forward to Mr. Burtnick’s and my exoneration,” said Mr. Bitar.
Unfortunately, as a result of this action, Full Tilt Poker has decided that it must suspend “real money” play in the United States until this case is resolved. However, Full Tilt Poker will continue to provide peer-to-peer online poker services outside of the United States.
The Feds are once again going after poker sites without defining what “illegal gambling” is. Without a real law, or a working definition, this amounts to just a strong arm shakedown. “We are big tough guys so we will tell you what to do, even though we have no lawful basis to do so”
Excerpt from a press release I am sure that they are very proud of:
MANHATTAN U.S. ATTORNEY CHARGES PRINCIPALS OF THREE LARGEST INTERNET POKER COMPANIES WITH BANK FRAUD, ILLEGAL GAMBLING OFFENSES AND LAUNDERING BILLIONS IN ILLEGAL GAMBLING PROCEEDS
Multi-Billion Dollar Civil Money Laundering And Forfeiture Action Also Filed
Internet Domain Names Used By The Poker Companies Seized
PREET BHARARA, the United States Attorney for the Southern District of New York, and JANICE FEDARCYK, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced the unsealing of an indictment today charging 11 defendants, including the founders of the three largest Internet poker companies doing business in the United States—PokerStars, Full Tilt Poker, and Absolute Poker (the “Poker Companies”)—with bank fraud, money laundering, and illegal gambling offenses. The United States also filed a civil money laundering and in rem forfeiture complaint (the “Civil Complaint”) against the Poker Companies, their assets, and the assets of several payment processors for the Poker Companies. In addition, restraining orders were issued against more than 75 bank accounts utilized by the Poker Companies and their payment processors, and five Internet domain names used by the Poker Companies to host their illegal poker games were seized.
Manhattan U.S. Attorney PREET BHARARA said: “As charged, these defendants concocted an elaborate criminal fraud scheme, alternately tricking some U.S. banks and effectively bribing others to assure the continued flow of billions in illegal gambling profits. Moreover, as we allege, in their zeal to circumvent the gambling laws, the defendants also engaged in massive money laundering and bank fraud. Foreign firms that choose to operate in the United States are not free to flout the laws they don’t like simply because they can’t bear to be parted from their profits.”
FBI Assistant Director in Charge JANICE K. FEDARCYK said: “These defendants, knowing full well that their business with U.S. customers and U.S. banks was illegal, tried to stack the deck. They lied to banks about the true nature of their business. Then, some of the defendants found banks willing to flout the law for a fee. The defendants bet the house that they could continue their scheme, and they lost.”
Lock Poker is excited to announce the new addition to their LockPRO ELITE team, Jose “Girah” Macedo of Portugal.
Jose represents the face of the new generation of online poker pros. He is one of the youngest poker players to hit the scene and do the impossible. His story is one of passion, determination and skill. At the young age of 16 he took his first try at the game with a $30 deposit and found himself with over 2 million in earnings. He brings incredible insight, passion and sheer objectivity to the room.
“I am determined to be the best player in the world so I wanted to make sure I partnered with the best poker brand,” says Jose “Girah” Macedo. “Lock’s focus on the player experience is unique and inspiring and something I truly wanted to associate myself with. I encourage anyone to come and challenge me on Lock, and look forward to the exciting times ahead.”
“Jose is young, brilliant and incredibly determined. He is putting a new face, age and goal to this game,” says Jennifer Larson CEO/Owner of Lock Poker. “He will be heavily involved in developing the product, marketing and brand in the coming months. His story is one of determination to a degree that is just unparalleled and unrivaled. Lock moves into a new chapter with Pros like Jose leading the way.”
“Jose represents a new exciting episode for online poker,” says Jim Erwood, VP of Operations at Poker Royalty, “and therefore Poker Royalty feels very strongly that he had to be associated with a site that matched his aspirations. Lock Poker is without a doubt that site.”
To start the fun Jose will be hosting a series of free rolls and the top few players will get free coaching from the master himself. Sign up through his link and start playing today: www.lockpoker.com
Bodog Poker wants to give new depositing players a chance to play in the World Series of Poker (WSOP) Main Event for free. All new depositors for April will receive entry into four special freerolls that will award ten tickets to $37 WSOP satellite tournaments. Even if you have had the software, but have yet to deposit, you can qualify for this promotion. The freeroll tournaments will run on April 16,23,30 and May 7 2011. New depositors could be well on their way to a WSOP Main Event seat for free!
If an April new depositor buys into at least $100 worth of WSOP qualifiers will qualify for a June 26, 2011 freeroll that will award threeBodog Swag Bags that Bodog WSOP players receive in Vegas. Additionally, if you buy into $500 worth of Bodog WSOP qualifiers (still April first time depositors), you will receive a ticket to a freeroll on June 25, 2011 that will award a Las Vegas trip. The trip looks like it will be totally set up and bought by Bodog with no cash value.
This is a good deal for players who may have been considering an initial Bodog Poker deposit.
Win your chance to play for the biggest prize in the world
The world’s largest betting brand, Bodog, has kicked off its series of 2011 World Series of Poker qualifying tournaments. Texas Hold’Em poker players are invited to enter multiple tournaments with the potential of securing a seat to the main WSOP event beginning July 7 in Las Vegas.
For as little as $1, players can enter Bodog poker qualifying tournaments to be in with a chance of heading to Las Vegas, playing poker in the $9,000,000 Main Event and, of course, attending the legendary Bodog parties.
“ Bodog has a long history of sending player to the WSOP and we would love another of our players to take a bracelet in 2011,” says Bodog Poker Manager Nicholas Sims. “Most poker players dream of ending up in Vegas partying, with a WSOP bracelet, not to mention the millions of dollars that can be won at WSOP.”
If you’re thinking it can’t be you, think again. Every Bodog poker player participating in a qualifying tournament has a 1 in 25 chance of winning a WSOP seat. But that’s not all, all players also benefit from Bodog’s personalized, comfortable poker playing experience.
All poker players are invited to visit Bodog Poker to enter all WSOP qualifying tournaments.
As in Deuce to Seven Triple Draw, you are trying to make a low hand, but in Ace to Five straights and flushes do not count against you and Aces play for low. This means that the best possible hand you can have is A2345 with flushes being irrelevant to the rank of the hand. In Ace to Five, A2345 is called a wheel. A2346 is the next best hand and is called Number 2 or a 6-4. The next best hand is A2356 and so on. 23456 is the worst possible 6-low and the fact that it is a straight does not count against you.
Other than the hand rankings, the game play is identical to deuce to seven.
Deuce to Seven Triple Draw is a 5 card draw low game. Each player is dealt 5 cards and the goal is to make the lowest possible 5 card hand. There are three draws with a round of betting between each, for a total of four betting rounds. After each round of betting players choose cards to discard, anywhere from 0 to 5, and the dealer deals them replacement cards. After the third and final draw there is one last round of betting. A dealer button determines the order of betting and discarding.
In Deuce to Seven Triple Draw players try to make the lowest possible 5 card hand. Aces only play for high and deuces are low. Because you are trying to make the lowest possible hand, straights and flushes count against you. This means that 23456, for example, is a very bad hand. It is not considered a 6-low. It is a straight and is therefore worse than holding AKQJ9.
The best possible hand you can make is 23457 with no flush. This hand is called a wheel. The next best hand is 23467, again with no flush. This hand is often referred to as Number 2. Likewise, 23567 is referred to as Number 3 and so on.
Because Aces play for high 2345A is not a straight. It is the best possible Ace-low you can make-also called the Nut Ace. AKQJ9 is the worst possible unpaired hand you can make, since your goal is to make a low hand. 22345 would be the next best hand after that. The hand rankings are the inverse of the hand rankings in a regular high game.
Deuce to Seven Triple Draw is dealt with a maximum of 6 players. The game uses a dealer button just as in Texas Hold’em. The player directly to the left of the dealer button posts a live small blind and the player two to the left of the dealer button posts a live big blind. Each player is dealt 5 cards and there is a round of betting. The first betting round starts with the player to the left of the big blind, just as in Texas Hold’em. Each player in turn has the option to call, raise or fold.
After the first round of betting is complete, each player who has not folded has a chance to draw. Players are prompted in order to discard any cards they wish to replace in their hand. The first player to act is always the player closest to the left of the button. Players can discard from zero to 5 cards. If a player chooses to discard zero cards he is opting to stand pat. After a player acts on his hand and decides how many cards to discard the next player is prompted in turn to discard and so on until all remaining players in the pot have acted on the draw.
After each player has decided on their discards, the dealer begins replacing their cards in turn. For example, if the first player discards 3 cards, the second player discards 2 cards, and the third player discards 1 card the dealer would deal the first player 3 cards, then take that player’s discards into the muck. The dealer would then deal the next player 2 cards then take that player’s discards into the muck. The dealer would then deal the last player 1 card, then take that player’s discards into the muck.
After the draw is complete, there is another round of betting. The players then have an opportunity to draw again. After the second draw is complete, there is another round of betting. The players then have one more opportunity to discard. After this third and final draw, there is one more betting round.
Deuce to Seven uses the same betting structure as texas Hold’em. During the first two round of betting the limit is the small bet. So, if the game was a $10/$20 game during the first two round of betting a player could call or raise in $10 increments. The second two rounds of betting the limit is the big bet. In our example, a player can call or raise in $20 increments.
Crazy Pineapple is played out much the same way as Texas Hold’em, with the distinction that each player initially dealt three cards. Betting goes as normal before the flop and on the flop. However, following the round of betting on the flop, each player discards one of their hole cards starting from the left of the dealer going clockwise. Each player is left with two cards, and the game continues as a Hold’em game would.
In the event of an untimely disconnect before the discard and you have an All-In remaining, the computer will automatically discard your worst card at the time of the flop (not taking into consideration possible drawing hands).
Three card poker starts with the dealer and the player are each dealt three cards. The player is shooting for 2 bets: “Pair Plus”, which is the poker player betting that he/she will have a pair or better, and “Ante”, which is the player competing versus the dealer’s hand.
Players can bet either pair plus or bet the ante, or both if he/she so chooses. After the player has made his wagers, the player and the dealer both take three cards. Let’s say the three card poker player bets on “pair plus”….he is rewarded if his hand contains a pair or better. If the three card poker player bets on the “ante”, he/she can fold if he/she thinks he can’t beat the dealer’s hand, or raise and challenge the poker dealer’s hand. If the three card poker player folds, he loses both the pair plus and the ante bet which ends the game.
Let’s say the three card poker player likes his hand and “raises”….he can now wager more cash equaling the ante bet. The three card poker dealer then flips over his cards to determine who gets the cash. To determine the game’s winner after the player has raised, the dealer’s hand must first “qualify”. In three card poker the dealer’s hand qualifies if the dealer has hi card queen or a pair or better. If for some reason the dealer doesn’t qualify, the player wins even money on his ante bet and ties on the raised bet. If the dealer and the player have the same ranking hand, the higher value wins. An example of this would be a pair of 7’s would beat a pair of 2’s. If the three card poker dealer’s hand is an exact tie of the player’s ante and raise, the bet is called a push and the three card poker player is refunded his loot.
If the three card poker player places an ante bet, raises the bet, and his hand shows as a straight, three of a kind, or straight flush, the player is awarded a bonus for a strong hand. The player can receive this bonus without the dealer having to qualify as well.
As with Hold’em and Omaha, 5 card draw uses what is called a dealer-button to indicate the theoretical dealer of each hand. After each hand is completed, as with standard poker rules, the button moves clockwise to the next active player. This player will be considered “the dealer” for that hand.
The player next to the button / dealer is required to place the small blind. The small blind is equal to half the lower stake. This is a guideline for determining the blinds and not a strict rule.
The player to the left of the small blind is required to post the big blind, equal to the lower stake limit. All the blinds are considered live bets and the players who posted them will have the option of checking, calling, raising or folding when the betting returns to their position.
Each player is initially dealt five cards, and there is a round of betting at the lower limit of the stakes structure. When the betting is complete, each player in turn may discard and draw 0-5 cards. There is then one round of betting at the higher limit, and the hands are shown down.
Full Tilt Poker just released a statement regarding Friday’s indictment by the U.S. Department of Justice announcing that it is suspending real money play for USA players until the situation is resolved.
The Feds are once again going after poker sites without defining what “illegal gambling” is. Without a real law, or a working definition, this amounts to just a strong arm shakedown. “We are big tough guys so we will tell you what to do, even though we have no lawful basis to do so”
