All American citizens are now banned from playing on-line Poker. Wow, just wow. So much for living the American dream. Amazingly their downfall is being attributed to one man. Step forward Mr Daniel Tzvetkoff, an Australian financial whiz kid rumored to be the Man behind the payment process scheme which has now backfired with spectacular results.
I must admit to being a little stupid here. What I can't get my brain around is how did Americans deposit on these sites and how did they get paid when they withdrew? The more I read the more I'm confused. Were Pokerstars, Full Tilt and AB really pretending to be pet shops and Golf ball suppliers?
Not only that but it also transpires that PokerStars were actually funding banks to process their American players deposits and withdrawls.
I intially thought this was all about taxing USA players on their winnings but it seems it has more to do with the three sites perpetrating a massive money laundering fraud. Full Tilt's traffic was reportedly down 48% on Sunday. Nice hand, good game, bye bye.
I sincerely hope all the USA players get their money back and are on the virtual felt sometime soon. Peace out.
Dwan: "Heard any more about Black Friday"?
Hellmuth: "No, who's starring in it"?
Meanwhile back at Rubbish Manor I managed a sixth last night for $100 and am trying to make a 1,000 Euros playing HUSNG's. Started off with 20 Euros and am currently up to 50. Will post some screen grabs later on.