Originally Posted by RI Tony

With the UIGEA impending implementation, if you live in the US, I think it almost makes any advice you might receive a moot point at this point. Your timing, through no fault of your own, isn't very good. I would think most Americans are scaling back their bankrolls at this point.

^^^

How serious should we really be taking consideration of bankrolls and how the UIGEA will really start officially cracking down. I know they have a bit, but it still seems like 'the big bad wolf' story and nothing have officially been shut down.

thoughts? concerns?

Noone can say for sure but you could always take most of you BR out and just leave a small amount on each major site. This way if you cannot make any more deposits you still have something to bounce back from. Also if you cannot make any withdrawels, you take a minimal loss. Still I don't think you have anything to be afraid of.

.the UEIGA isn't making online poker illegal. It isn't making it illegal for an individual to cash a check at there back or other place. Correct me if I'm wrong there please cause its early, i just got up and am not thinking clearly, but everything I have read it has nothing to do with the individual. IT only has to do with financial instiutions.

tif you think you are going to need money on your poker account for real whether you are recreational or professional and see what happens. there will be ways around this and it won't shut down the poker industry.

poker is a great american hobby and we live in an online world. it only makes sense to play poker online and one thing the government can't due and never has been able to do is tell the american people what to do. the ppa is fighting, you better hope the poker companies are going to help us as we are there loyal company base. it might be a little shaky at first but as a great man once said : "We Will OVercome"

As far as I know the UIGEA just makes it illegal for banks to process transactions for depositing to online poker sites.

It doesn't make playing poker illegal nor should it effect withdrawls.

I have now moved 95% of my bankroll into US checking accounts WITH trouble. I'm laying low for the next few months to see how this plays out. I only have money on 2 sites rather than my normal 8 sites. This is NOT a joke and I do not want thousands of dollars stuck in a online poker room. My 3 US checking account in 3 banks have sent me notices concerning the Dec 1st deadline.

 

Originally Posted by danxxx1

As far as I know the UIGEA just makes it illegal for banks to process transactions for depositing to online poker sites.

It doesn't make playing poker illegal nor should it effect withdrawls.

UIGEA doesn't make it illegal to do anything. i'ts not adding any new laws to the books. it's an enforcement act, which means it's enforcing laws already in place that have not been enforced like they should. therefore, banks were never suppsoed to process these transfers, they're just saying they're going to watch them more closely

it's gonna be like when neteller went down, there might be some initial problems, but everything will be fine in a few weeks/month(s)

 

Originally Posted by flywiithme

Edit: Also, for anyone who works at a bank, is it really possible for the banks to trace wire transfers that come in through 3rd party processors back to poker sites? I feel like this would be impossible, esp if the sites keep changing processors, because it would be too burdensome and time consuming to have your employees follow a paper trail for every single wired transaction. Seems LOL yeah right to me...

thats a big part of the problem from the banks prospective. they really don't have the resources to do this but they are gonna have to do something cause no one wants the justice department up there ass.

whole thing is fucked, sometimes i really think this once great country is going to hell and i really think we brought it on ourselves.

I wonder could you take your poker checks to one of the ...check cashing places around town that are not affiliated with the banks? Obviously it would suck to have to pay them the fee's but would it work ?

i'm taking my money off the sites completely, maybe this could be a good thing for the future of online poker. With the sites hounding the US gov't to regulate because I'm sure this is going to effect the volume of players now.

 

Originally Posted by DeletedScene

I understand that banks will not be able to process wire transfers, that is obvious. Will they be able to deposit checks from the sites, since they don't actually say "FullTilt, or "pokerstars" on them? Can we just tell them it is from selling stuff on the internet?

-Thanks-

No they already know were they come from and the account that make them.

I would if nuthing happens you can put it back in no costs.