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		<title>Poker Tips and News :Online Poker On the Up and Up in 2012</title>
		<link>http://www.calve500.com/poker-tips-and-news-online-poker-on-the-up-and-up-in-2012.html</link>
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		<pubDate>Thu, 10 May 2012 10:19:27 +0000</pubDate>
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		<description><![CDATA[Online Poker On the Up and Up in 2012 Online poker traffic in the first week of 2012 has increased by almost 10 percent, according to an independent online poker study performed by PokerScout, an online poker traffic monitoring website. Although the general trend was to have an increase ============= Article Content: Online Poker On [...]]]></description>
			<content:encoded><![CDATA[<p>Online Poker On the Up and Up in 2012 Online poker traffic in the first week of 2012 has increased by almost 10 percent, according to an independent online poker study performed by PokerScout, an online poker traffic monitoring website. Although the general trend was to have an increase<span id="more-178"></span><br />
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<b>Article Content</b>:<br />
Online Poker On the Up and Up in 2012   Online poker traffic in the first week of 2012 has increased by almost 10 percent, according to an independent online poker study performed by PokerScout, an online poker traffic monitoring website.  Although the general trend was to have an increase in traffic at online poker sites, it seems that the French PokerStars site had somewhat of a decline in its player base. It has been said that the reason for this is the new way that PokerStars has decided to calculate the rake, and the new version of how to calculate VIP points. It seems that many poker players have chosen not to play at PokerStars in protest.  PokerStars.com, however, has had about a 5 percent increase for real money games during the same time period. While PokerStars.com has had some increase in traffic, it is not as high as the increase in the traffic to other online poker operations.  Party Poker’s increase in player volume reached 29 percent in the first week of January, and this increase is most likely because of the changes that this poker site has made because of its VIP rake race promo which was launched on 2nd January 2012. Because of this increase in players, the online poker site moved up in rank to reach the position of the second largest online poker site in the industry, with the iPoker Network drooping down a position.  While online poker traffic was up for the first week of the New Year, 2011 showed a general decline in online poker traffic by 31 percent on a global level. This decline, however, is due to the legal actions that took place in the United States that was aimed at some of the bigger online poker sites such as PokerStars, Absolute Poker, and Full Tilt Poker.  Related Posts  Sky Poker 5th Birthday Bonuses Poker Player Wins 5k Bad Beat Jackpot Relatively Unknown Player Wins WSOP Circuit in Oklahoma PokerStars and John Duthie Part Ways World Poker Tour in Ireland       Share on Facebook, Twitter, MySpace&#8230;   <br/></p>
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		<title>Poker Tips and News :Strategy with Kristy: Phil Collins Discusses the WSOP Main Event Final Table</title>
		<link>http://www.calve500.com/poker-tips-and-news-strategy-with-kristy-phil-collins-discusses-the-wsop-main-event-final-table.html</link>
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		<pubDate>Thu, 10 May 2012 10:19:27 +0000</pubDate>
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		<description><![CDATA[Strategy with Kristy: Phil Collins Discusses the WSOP Main Event Final Table January 12 2012, Kristy Arnett Related Articles Strategy with Kristy: Randal Flowers Discusses Bluffing Preflop Strategy with Kristy Podcast: Ben Wilinofsky Discusses Short-Stack Strategy Strategy with Kristy: ============= Article Content: Strategy with Kristy: Phil Collins Discusses the WSOP Main Event Final Table January [...]]]></description>
			<content:encoded><![CDATA[<p>Strategy with Kristy: Phil Collins Discusses the WSOP Main Event Final Table January 12 2012, Kristy Arnett Related Articles Strategy with Kristy: Randal Flowers Discusses Bluffing Preflop Strategy with Kristy Podcast: Ben Wilinofsky Discusses Short-Stack Strategy Strategy with Kristy:<span id="more-177"></span><br />
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<b>Article Content</b>:<br />
Strategy with Kristy: Phil Collins Discusses the WSOP Main Event Final Table   January 12 2012, Kristy Arnett       Related Articles Strategy with Kristy: Randal Flowers Discusses Bluffing Preflop Strategy with Kristy Podcast: Ben Wilinofsky Discusses Short-Stack Strategy Strategy with Kristy: Mike Watson Discusses Playing Big Stacks Related Players Share It Tags Tournament Strategy, PokerNews Podcast, PokerNews Strategy, Phil Collins Print  This summer, Phil Collins had an incredible and impressive run in the World Series of Poker Main Event to make the November Nine. He came into the final table fourth in chips. When play restarted three months later, many were surprised at Collins&#8217; limping strategy. For this edition of the Strategy with Kristy podcast, brought to you by South Point, Collins discusses his Main Event, interesting spots he encountered, and the thought behind his limping strategy at the final table. Here is a snippet from the interview: I may have  million in online winnings, but I have nowhere close to that in my bank account. One of the big concerns I had going into the final table was just how absurd the money jumps were going to be, specifically life money jumps. Even though it looks like all the big money jumps might be up top, they’re still very significant from ninth to sixth. It’s a million-dollar jump. I may never play another final table for the next five years where first is a million dollars, let alone just a difference between ninth and sixth. It was really important to me to do something that was low variance. Even though I wanted to play for the win, and I wanted the title very bad, it was kind of financial suicide for me to go out ninth. It would be pretty unacceptable to know that if you play a tight and solid game and literally just fold to move up, you can. You’re almost guaranteed to do that if you just fold every hand. A couple of people will bust. But, I still wanted to play lots of hands. I’ve limped in the past, so I have a limping range I’ve done online in tournaments. I was somewhat comfortable doing it. It’s one of those strategies that you kind of have to dedicate yourself to if you’re going to do it. You can’t just limp some hands because if they figure out which hands you’re limping, you’re just going to get exploited. You’re going to have to limp everything, and let them know, “I could have aces, or I could have queen-jack.” It puts the ball in their court. I was also playing against players that like to three-bet a lot, specifically Pius Heinz. When he got a lot of chips from Eoghan O’Dea, that was terrible for me. I had a guy on my right with a lot of chips that I was planning on maybe taking some from. He’s a great player, but obviously, I’d rather have O’Dea with chips on my right than Pius on my left. Ben Lamb three-bet a lot too. Sam Holden and Anton Makiievskyi both had re-shove stacks, so if I played an opening game, I was going to be running into re-shoves and three-bets. I was basically unwilling to four-bet shove without the nuts like queens, kings, aces, or ace-king. That means I had to limp because I was never going to four-bet shove light. You can still win the tournament that way, too. If things started working out well for me, like if I would have doubled quickly, coolered someone, or tricked someone really bad with aces, or won a big pot with jack-nine because I limped it, then I might have just completely flipped if I got up to a top-three stack. I might have just raised every hand after that. But, with Pius getting chips, and me just staying short, I just stayed with the limp the rest of the way. I’m not too proud of it, but I actually think it worked. Podcast Powered By Podbean Tune in every week for new episodes of Strategy with Kristy, brought to you by South Point. Feel free to send in questions, ideas or suggestions for the podcast to kristy@pokernews.com. Also remember to follow PokerNews on Twitter for up-to-the-minute news. Follow Kristy Arnett on    Comments     <br/></p>
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		<title>Poker News :Sky Poker 5th Birthday Bonuses</title>
		<link>http://www.calve500.com/poker-news-sky-poker-5th-birthday-bonuses.html</link>
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		<pubDate>Thu, 10 May 2012 10:19:27 +0000</pubDate>
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		<description><![CDATA[Sky Poker 5th Birthday Bonuses The Sky Poker online poker site was started in February 2007, and is therefore celebrating its 5th birthday this year. The online poker site is offering a number of specially designed 5th birthday bonuses for its players this week. There is an extra ============= Article Content: Sky Poker 5th Birthday [...]]]></description>
			<content:encoded><![CDATA[<p>Sky Poker 5th Birthday Bonuses The Sky Poker online poker site was started in February 2007, and is therefore celebrating its 5th birthday this year. The online poker site is offering a number of specially designed 5th birthday bonuses for its players this week. There is an extra<span id="more-176"></span><br />
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Sky Poker 5th Birthday Bonuses   The Sky Poker online poker site was started in February 2007, and is therefore celebrating its 5th birthday this year. The online poker site is offering a number of specially designed 5th birthday bonuses for its players this week.  There is an extra £5,000 that is being added to the Sky Poker Jackpot this week. This is not instead of, but rather in addition to, the regular promotions that are run at Sky Poker every day. This jackpot is there for the player who manages to win both the Main Event that takes place at 8pm and also the Mini Main Event that takes place at 8.15pm, if they are won on the same night. The jackpot continues to grow in size until there is a winner, with Sky Poker adding £100 to the jackpot each week that it has not been won. The £5,000 will give this jackpot a big jump in size.  There are iPad giveaways too. Each of the five poker players that have won the main poker events this week are also being given iPads. For those who do not win, there are other options available if they wish to try and win an iPad. Those who have earned a minimum of 55 poker points in a day this week can enter that day’s prize draw for an iPad.  There are five Happy Hour Points Boost sessions being offered each day that will help players to accumulate more poker points. As part of the birthday celebrations, there are also £1,000 Freerolls available at the Sky Poker online poker site.  The Sky Poker television channel also has some great giveaways. Included in the prizes offered through the television channel, there will be seats to the Sky Poker Tour that is to take place in Glasgow and in Brighton on 10th March 2012.  Related Posts  Colt Poker and GGE K Giveaway Play the Nation at Sky Poker PokerStars is Now Licensed in Malta Poker Player Wins 5k Bad Beat Jackpot Relatively Unknown Player Wins WSOP Circuit in Oklahoma       Share on Facebook, Twitter, MySpace&#8230;   <br/></p>
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		<title>Poker News :Strategy with Kristy: John Kim Part Two</title>
		<link>http://www.calve500.com/poker-news-strategy-with-kristy-john-kim-part-two.html</link>
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		<pubDate>Thu, 10 May 2012 10:19:27 +0000</pubDate>
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		<description><![CDATA[Strategy with Kristy: John Kim Part Two February 03 2012, Kristy Arnett Related Articles Strategy with Kristy: John Kim Part One Strategy with Kristy: Jared Tendler on the Mental Game of Poker Part 2 Strategy with Kristy: Jared Tendler on the Mental Game of Poker Pt 1 Share It Tags ============= Article Content: Strategy with [...]]]></description>
			<content:encoded><![CDATA[<p>Strategy with Kristy: John Kim Part Two February 03 2012, Kristy Arnett Related Articles Strategy with Kristy: John Kim Part One Strategy with Kristy: Jared Tendler on the Mental Game of Poker Part 2 Strategy with Kristy: Jared Tendler on the Mental Game of Poker Pt 1 Share It Tags<span id="more-175"></span><br />
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<b>Article Content</b>:<br />
Strategy with Kristy: John Kim Part Two   February 03 2012, Kristy Arnett       Related Articles Strategy with Kristy: John Kim Part One Strategy with Kristy: Jared Tendler on the Mental Game of Poker Part 2 Strategy with Kristy: Jared Tendler on the Mental Game of Poker Pt 1 Share It Tags Poker Players, Poker Strategy, PokerNews Strategy, PokerNews Podcast Print  John Kim is back for another edition of the Strategy with Kristy podcast. Last week, he talked about what it takes to be a professional poker player. This week, Kim talks about interesting hands he&#8217;s played recently and also discusses a couple of hands he watched his students played. Here is a snippet from the interview: Let me tell you a really quick story about why you want to take your time making decisions. In the 2006 [World Series of Poker] Main Event, the year Jamie Gold won it, I ran pretty good and made it to Day 5. We were down to 73 players. I had 30 big blinds or something close. Everyone folded to me in the small blind. I had jack-ten offsuit. I limped or raised, my action doesn&#8217;t really matter, but he looked over at my stack and contemplated raising. Obviously, he has a pretty good hand if he&#8217;s thinking about raising preflop. He was just a standard player, nothing out of line. The flop came ten-two-four rainbow. I just remember thinking, &#8220;OK, I have top pair. I have 30 big blinds. I guess I have to go broke.&#8221; That&#8217;s obviously the wrong way of thinking. I think I bet, he raised, I three-bet, he shoved, and I snap-called without even thinking. He rolled over king-ten, and I busted in 73rd. It&#8217;s the worst feeling when you bust after playing five days in the Main Event. When I walked away, I was just thinking, &#8220;Man, why did I do that?&#8221; If I thought about it, I could have avoided going broke there. I knew he wanted to raise preflop, so if he&#8217;s raising my bet on the flop, he always has ace-ten or king-ten. I should have taken my time and thought about that. Here&#8217;s the other thing. I finished 73rd, but the two guys who finished 72nd and 71st are right behind me. My payout was, ,000 or something like that, and 72nd paid a little over 0,000. Literally, if I would have just thought about it for three seconds, I would have made an extra ,000. So ever since then, I told myself that I would never act in haste. Always think every decision through. Podcast Powered By Podbean Tune in every week for new episodes of Strategy with Kristy. Feel free to send in questions, ideas or suggestions for the podcast to kristy@pokernews.com. Also remember to follow PokerNews on Twitter for up-to-the-minute news. Follow Kristy Arnett on    Comments    <br/></p>
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		<title>Poker Tips :Lord of the Grind</title>
		<link>http://www.calve500.com/poker-tips-lord-of-the-grind.html</link>
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		<pubDate>Thu, 10 May 2012 10:19:27 +0000</pubDate>
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		<description><![CDATA[Lord of the Grind   Starting March 1st, 2012   Want a seat as a Knight of the Round Poker Table? Pass one of the infamous Lord of the Grind monthly poker grinder trials and claim your rewards and honorary seat .   The Lord of the Grind Challenge Poker trials can be mastered in 4 [...]]]></description>
			<content:encoded><![CDATA[<p>Lord of the Grind   Starting March 1st, 2012   Want a seat as a Knight of the Round Poker Table? Pass one of the infamous Lord of the Grind monthly poker grinder trials and claim your rewards and honorary seat .   The Lord of the Grind Challenge Poker trials can be mastered in 4 [...]<span id="more-174"></span><br />
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Lord of the Grind    Starting March 1st, 2012   Want a seat as a Knight of the Round Poker Table? Pass one of the infamous Lord of the Grind monthly poker grinder trials and claim your rewards and honorary seat .   The Lord of the Grind Challenge Poker trials can be mastered in 4 levels of difficulty:    Collect points every day and reach your targeted Lord of the Grind Shield. As a reward you&#8217;ll get a pending bonus and some cash also!      Please click here to visit Titan Poker     Promotion Date: 06 March 2012    Subscribe to this poker promotions feed     <br/></p>
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		<title>Online Poker Tips :Launch of Circle Line Poker</title>
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		<pubDate>Thu, 10 May 2012 10:19:27 +0000</pubDate>
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		<description><![CDATA[Launch of Circle Line Poker The Circle Line Poker room has been launched on the Everleaf Gaming Network. Circle Line Poker has noted that it plans to be the friendliest of the online poker rooms that are available for those poker players that are located in Europe. The Manager of ============= Article Content: Launch of [...]]]></description>
			<content:encoded><![CDATA[<p>Launch of Circle Line Poker The Circle Line Poker room has been launched on the Everleaf Gaming Network. Circle Line Poker has noted that it plans to be the friendliest of the online poker rooms that are available for those poker players that are located in Europe. The Manager of<span id="more-172"></span><br />
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Launch of Circle Line Poker   The Circle Line Poker room has been launched on the Everleaf Gaming Network. Circle Line Poker has noted that it plans to be the friendliest of the online poker rooms that are available for those poker players that are located in Europe.  The Manager of Circle Line Poker, Michelle McKay, said: “Everyone at Circle Line Poker is really enthusiastic about the launch. We aim to make it a great place for fun poker action and have exciting plans in the pipeline.”  Players are invited to join the poker room and participate in the lauch with the special promotional Grand Opening €5,000 Freeroll. The Grand Opening €5,000 Freeroll will be taking place at 8pm (GMT) on 31st March 2012.  There are other Grand Opening events that are being offered too, such as the €5.00 + €0.50 buy-in tournament. This online poker tournament comes with €2,000 Cash Added, an it takes place on Sunday, 1st April 2012. There is also a buy-in event that takes place on the same date at 8pm (GMT).  Another opening special that takes place for the first two weeks is that each initial deposit made will receive an extra €10 over and above the match bonus that is offered. Players can receive a match bonus of 100% on up to €600.  For those players who wish to ensure that they can keep up to date with all the specials and bonuses offered on the Circle Line Poker site, they can do so on the online poker site itself, or in a number of other ways, such as following the site’s blog, and keeping an eye on the online poker site’s Facebook page. Players can also follow the online poker site on Twitter by keeping up with the tweets about online poker bonuses.  Related Posts  Win a WSOP Main Event Seat at Cake Poker Last Chance Saloon at Paddy Power Poker Microgaming’s Bad Beat Jackpot Reaches 500,000 Euro Bodog Poker to Move into Asian Market PokerStars Sunday Million 6th Anniversary       Share on Facebook, Twitter, MySpace&#8230;   <br/></p>
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		<title>Poker Tips and News :Casino Holdâ€™em from World Match</title>
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		<pubDate>Thu, 10 May 2012 10:19:27 +0000</pubDate>
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		<description><![CDATA[Casino Holdâ€™em from World Match World Match, the online casino software provider and developer, has released a new and exciting online casino poker game. The new game is called Casino Hold’em. The game is based on the very popular Texas Hold’em poker game, however, instead ============= Article Content: Casino Holdâ€™em from World Match World Match, [...]]]></description>
			<content:encoded><![CDATA[<p>Casino Holdâ€™em from World Match World Match, the online casino software provider and developer, has released a new and exciting online casino poker game. The new game is called Casino Hold’em. The game is based on the very popular Texas Hold’em poker game, however, instead<span id="more-170"></span><br />
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Casino Holdâ€™em from World Match   World Match, the online casino software provider and developer, has released a new and exciting online casino poker game. The new game is called Casino Hold’em. The game is based on the very popular Texas Hold’em poker game, however, instead of poker players playing against each other, they are playing against the online casino, and not against the other players.  World Match has made sure to design the game area to make it clear to players so that they can easily spot winning combinations. The game has cards that are bigger than the normal cards that are used in Texas Hold’em online poker games, and also have 3D graphics to enhance the playing experience. The 3D effects add a touch of realism, and give players more of the feel of an actual land based poker room.  Players also get the chance to win more with the AA Bonus Card Feature that gives players the chance to win large sums of money from the online casino Casino Hold’em poker game. This bonus feature offers many possible combinations, making each hand more exciting and thereby offering more ways to win.  The game comes with two variations from which players can choose. There is the Pro version and the Privee version. The two versions differ in that they offer different betting limits for both the minimum and maximum wagers allowed.  The Casino Hold’em onlien poker game is somewhat of a mixture between Texas Hold’em and various online casino slot games. These wagering limits will different from online casino to online casino depending on the betting limits offered at the casino or online poker site.  These games can already be found at online casinos that are operated by the World Match online casino software provider. For those players who wish to try a new online poker experience, Casino Hold’em is certainly worth trying.  Related Posts  Win a WSOP Main Event Seat at Cake Poker Launch of Circle Line Poker Last Chance Saloon at Paddy Power Poker Microgaming’s Bad Beat Jackpot Reaches 500,000 Euro Bodog Poker to Move into Asian Market       Share on Facebook, Twitter, MySpace&#8230;   <br/></p>
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		<title>Online Poker Tips :Absolute Poker Head Fesses Up in Manhattan Courtroom</title>
		<link>http://www.calve500.com/online-poker-tips-absolute-poker-head-fesses-up-in-manhattan-courtroom.html</link>
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		<pubDate>Fri, 10 Feb 2012 08:25:55 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Poker Tips and News]]></category>
		<category><![CDATA[absolute poker]]></category>
		<category><![CDATA[big three]]></category>
		<category><![CDATA[black friday]]></category>
		<category><![CDATA[brent beckley]]></category>
		<category><![CDATA[poker law]]></category>
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		<description><![CDATA[Yes its more Black Friday news to report. A quick recap? On April 15 of this year the three major online poker sites operating in the U.S. were shut down by the Depart of Justice pending an investigation. The sites were accused of operating illegally, breaking the Wire Act and money ============= Article Content: Yes [...]]]></description>
			<content:encoded><![CDATA[<p>Yes its more Black Friday news to report. A quick recap? On April 15 of this year the three major online poker sites operating in the U.S. were shut down by the Depart of Justice pending an investigation. The sites were accused of operating illegally, breaking the Wire Act and money<span id="more-154"></span><br />
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<b>Article Content</b>:<br />
Yes its more Black Friday news to report. A quick recap? On April 15 of this year the three major online poker sites operating in the U.S. were shut down by the Depart of Justice pending an investigation. The sites were accused of operating illegally, breaking the Wire Act and money laundering. In court this week  Brent Beckley, the co founder of Absolute Poker website plead guilty to charges.<br/><br />
Beckley admitted before the court that he knowingly filtered American player funds through cover companies so their payment could be processed by American banks. In American online gambling is illegal and most banks will automatically stop any payment to a known poker website. Because Absolute Poker laundered the money through shell companies they manage to process millions of dollars within American borders.<br/><br />
Beckley was facing a thirty year plus jail sentence before he plead guilty to fraud and money laundering charges. According to news sources he has worked out a plea bargain with the court system which will assure he spends less than two years in jail. Beckley is 31 years old.<br/><br />
U.S. Attorney in the case Preet Bharara released a press release from his office discussing the Absolute Poker case. He discusses the Internet Gambling Act of 2006 and the choice of several casino sites to ignore the official prohibition against online gambling within United States. Because the casinos had their headquarters in other countries they managed to operate for a few years before the Department of Justice had enough evidence to shut down their domain names.<br/><br />
There was no mention of a plea bargain by the District attorney&#8217;s office and sentencing is set for April 2012.<br/></p>
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		<title>Online Poker News :Wire Act Interpretation Set to Change the Face of State Economy</title>
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		<pubDate>Fri, 10 Feb 2012 08:25:55 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Poker Tips and News]]></category>
		<category><![CDATA[federal legislation]]></category>
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		<category><![CDATA[Wire Act]]></category>

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		<description><![CDATA[Well we mentioned briefly the other day that the Wire Act had been officially reinterpreted to specifically relate to sports betting online and not game playing. After a few years of political pressure combined with a dire need for money across the states, it seems baby step one for ============= Article Content: Well we mentioned [...]]]></description>
			<content:encoded><![CDATA[<p>Well we mentioned briefly the other day that the Wire Act had been officially reinterpreted to specifically relate to sports betting online and not game playing. After a few years of political pressure combined with a dire need for money across the states, it seems baby step one for<span id="more-153"></span><br />
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<b>Article Content</b>:<br />
Well we mentioned briefly the other day that the Wire Act had been officially reinterpreted to specifically relate to sports betting online and not game playing. After a few years of political pressure combined with a dire need for money across the states, it seems baby step one for a federally organized online gaming industry has been taken.<br/><br />
Since the economy took a plunge back in 2008 states have been scrambling to save money. There have been rolling black outs,canceling public programs and funding and basically looking to cut corners across the board. A state based online gambling system, eventually back by federal mandate, could ostensibly boost a state economy and provide sustainable new growth.<br/><br />
Besides the fact that online casinos will provide a place for state residents to spend their money it will provide a number of new jobs in related industries. If new websites are about to spring up across the country those new sites need web designers, computer programmers, app developers and content writers to sustain them. There needs to be publicist, marketing departments and accountants; not to mention lawyers, underwriters and policy makers.  Job creation would be almost instantaneous.<br/><br />
But of course we are still in the possibilities stage with the Wire Act interpretation. There has been no official ruling or report regarding the relationship between online poker gambling and the Wire Act. The recent ruling regarding sports betting being different from state based lotteries is just the opening of a door. It is something that online poker proponent can build upon in the coming year.<br/><br />
We&#8217;ll see which states begin work on their own online gaming policies in the coming month. I&#8217;m sure a large majority will finally see the light and boost their local economy.<br/></p>
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		<title>Poker Tips and News :Absolute Poker and Ultimate Bet Making Small Refunds to Players</title>
		<link>http://www.calve500.com/poker-tips-and-news-absolute-poker-and-ultimate-bet-making-small-refunds-to-players.html</link>
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		<pubDate>Fri, 10 Feb 2012 08:25:55 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Poker Tips and News]]></category>
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		<category><![CDATA[player refund]]></category>
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		<category><![CDATA[ultimate bet]]></category>

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		<description><![CDATA[Pokernewsreport.com is reporting that Absolute Poker and Ultimate Bet, two of the casualties of Black Friday, are now in a position to pay back their players. The money was frozen when the websites were seized by the Justice Department. The problem is that not only are the refunds ============= Article Content: Pokernewsreport.com is reporting that [...]]]></description>
			<content:encoded><![CDATA[<p>Pokernewsreport.com is reporting that Absolute Poker and Ultimate Bet, two of the casualties of Black Friday, are now in a position to pay back their players. The money was frozen when the websites were seized by the Justice Department. The problem is that not only are the refunds<span id="more-152"></span><br />
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=============<br />
<b>Article Content</b>:<br />
Pokernewsreport.com is reporting that Absolute Poker and Ultimate Bet, two of the casualties of Black Friday, are now in a position to pay back their players. The money was frozen when the websites were seized by the Justice Department. The problem is that not only are the refunds late in arriving they will not compare to the actual money lost.<br/><br />
The rumor is that the poker giants will be paying back as little as 25 cents on the dollar. Other rumors have suggested that folks that want to receive their payment may have to go through quite a process. As the Department of Justice will be facilitating refunds to the Full Tilt customers we can expect something similar with Absolute and UB. Becoming a part of the federal record for illegal gambling is probably not going to be a popular choice.<br/><br />
Its hard to believe that so many months have passed and the players of the Big Three casino sites are still not getting their payday. The amount of money that has been spent on lawyers, investigators, report writers and court fees could explain why players will be losing their winnings. I&#8217;m pretty sure you can&#8217;t claim gambling losses occurring on an illegal website.<br/><br />
The drama that has been 2011 in the world of poker shows no signs of stopping in the new year. With board members and owners still to be prosecuted, transfer deals still to be worked out and of course federal legislation still to pass, the world of poker will be in a turmoil for quite a while to come. Lets just hope after the dust settles that poker will emerge a stronger game, more regulated and with better clearer rights for the players.<br/></p>
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