IF you bet online you should read this

Dbldown11 · 11-25-09, 04:38 PM

a delay of 6th months, and possibly (in my opinion probably) more is so huge

Dbldown11 · 11-25-09, 04:41 PM

no one else is excited about this huh? keep making your videos and doing whatever it is you people do on this forum now

lyon804 · 11-25-09, 04:45 PM

Was that poker specific or all online gaming such as sports?

Dbldown11 · 11-25-09, 04:45 PM

all online gaming

topgame85 · 11-25-09, 04:49 PM

They are going to push to get online poker passed or at least some real quality clarification on the law, this is a VERY LARGE win for online wagering

whatsgood5 · 11-25-09, 04:55 PM

Excellent news. Not so much for me as I don't make enough online to really matter, but my brother makes a living playing poker online so I'm sure he'll be thrilled. Thanks for posting this.

Fishhead · 11-25-09, 04:58 PM

Ok, how does this help sportsbettors.........give me as many reasons as possible.

GO

poker_dummy101 · 11-25-09, 05:00 PM

Originally posted by Fishhead

Ok, how does this help sportsbettors.........give me as many reasons as possible.

GO

This clown doesn't get it. It is GREAT for poker players.. for sports bettors it hardly matters at all.

Fishhead · 11-25-09, 05:01 PM

Originally posted by poker_dummy101

This clown doesn't get it. It is GREAT for poker players.. for sports bettors it hardly matters at all.

Precisely my reasoning for asking.....thank you sir.

Dbldown11 · 11-25-09, 05:01 PM

Originally posted by poker_dummy101

This clown doesn't get it. It is GREAT for poker players.. for sports bettors it hardly matters at all.

**** you............sorry i tried posting something useful

all you ****ing fools go back to making videos and talking about jerking off, and buying hookers....and whatever the **** else this garbage forum has turned into

poker_dummy101 · 11-25-09, 05:03 PM

Originally posted by Dbldown11

**** you............sorry i tried posting something useful

all you ****ing fools go back to making videos and talking about jerking off, and buying hookers....and whatever the **** else this garbage forum has turned into

So you result to name calling because I tell you it does not matter for sports betting online?

wal66 · 11-25-09, 05:03 PM

Online wagering should be legal. It should be taxed and made legal. Everyone benefits in the long run. I know some nay sayers use the excuse that people would get all addicted if it were legalized. Do any of them actually think the ones with a gambling problem aren't already gambling in the first place? That's like saying a potential crackhead isn't yet using crack becuase it's illegal. People with gambling problems are already gambling so the goverment isn't protecting them by not legalizing gambling. The tax base could be a huge windfall for state and federal funds. The brick and mortar establishments could essentially expand their casino's to the virtual world and that would increase their revenues. It would be the end in of offshore books but that is the only negative anyone can justify from alogical point of view.

The Seer · 11-25-09, 05:03 PM

Can u feel the love on this forum?

whatsgood5 · 11-25-09, 05:04 PM

Couldn't agree with you more Wal. Tax it and make money off it. Seems obvious to me.

poker_dummy101 · 11-25-09, 05:07 PM

Originally posted by whatsgood5

Couldn't agree with you more Wal. Tax it and make money off it. Seems obvious to me.

Some/a lot of gamblers would not want it regulated

topgame85 · 11-25-09, 05:10 PM

The shade fcks who don't pay their taxes thus raising everyone else's burden would not want it to be regulated but other than that there is no reason not to, I am all about lower taxes but not declaring your income or paying on it is bull shit IMO you are just fcking over your honest neighbors

whatsgood5 · 11-25-09, 05:11 PM

Originally posted by poker_dummy101

Some/a lot of gamblers would not want it regulated

Do you mean regulated as in taxed or what the UIEGA is gonna do?

poker_dummy101 · 11-25-09, 05:12 PM

Originally posted by topgame85

The shade fcks who don't pay their taxes thus raising everyone else's burden would not want it to be regulated but other than that there is no reason not to, I am all about lower taxes but not declaring your income or paying on it is bull shit IMO you are just fcking over your honest neighbors

wrong

minet123 · 11-25-09, 05:15 PM

wal66 · 11-25-09, 05:18 PM

poker, I understand you are looking at it from a perspective of not only being hit with juice but now having to also be taxed on top of that thus cutting into your win percentage even more. However in the long run you clear up a lot of other disadvantages. Worrying about payouts should no longer be an issue. It's governed and insured. The chance that you are caught by big brother is no longer a threat because the state is the ones operating it. There are other benefits that I am not up to date or informed on but the pros outway the cons in most cases.

lyon804 · 11-25-09, 05:18 PM

Excuse me here guys for being not "sharp", but are we gonna have to deal with our useless govt. doing away with online sports betting?? I have heard some talk about this in the past, but thought it was poker specefic. Are we gonna lose offshore wagering? Anyone know if that's what they are pushing for or not??

Rowdy Rolex · 11-25-09, 05:18 PM

I don't see what the UIEGA does exactly... it seems like a law that is impossible to actually be implemented and is more of a scare tactic anyways...

perhaps that is why I don't see a 6 minute delay as a HUGE win

topgame85 · 11-25-09, 05:23 PM

Banks will be forced to pick out gambling transactions and block them which will inevitably lead them to blocking non illegal transactions accidentally as they suspect it of being illegal causing troubles to both the customers and banks alike.... IT IS ENFORCEABLE, unfortunately to enforce it they will have to lay a wide net of blocking anything even close to it

THEGREAT30 · 11-25-09, 05:23 PM

I don't understand what are they actually gonna do? Are they gonna make sure that only certain establishment are allowed to exist or are they gonna try to cut out online poker all together? I don't understand someone fill me in.

poker_dummy101 · 11-25-09, 05:24 PM

I don't keep a large amount of money in sports betting so I can't speak on "sharps" perspective.. from a poker perspective I can guarantee 99% would rather go back to party poker days where there was nothing in the news about it. Claiming taxes isn't a reason at all.

topgame85 · 11-25-09, 05:27 PM

They want to cut out money going in or out of these places which effectively will end the reason for playing if banks are succesful they would put an end to the movement of money if they are not and the govt finds out they will charge unreal large fines to the banks, many congressman want to legalize and tax poker similar to the US horse racing sites, Sports gambling is not part of this discussion and has been excluded from the push to legalize poker. The biggest problem is that when you put out a net to catch shrimp you often catch junk, sharks, crabs, sea bass etc...... Banks will do the same blocking legit transactions to protect against the govt fines

Rowdy Rolex · 11-25-09, 05:33 PM

yeah but topgame, banks already block transactions that look suspicious. I already thought that was established when the UIEGA was passed?

and how would it be enforced for you the gambler, it seems more like a bank/financial institution problem than the gambler other than we'd have a harder time cashing our money out... but I'm sure even that would be temporary given the internet

RageWizard · 11-25-09, 05:41 PM

Don't worry, not that much is going to change. Life and sportsbetting will go on as planned.

topgame85 · 11-25-09, 05:44 PM

Yes, true RR but it did not NEED to be implemented until 12/1/2009 now it is being pushed back to 6/1/2010 if these reports are tru, just imagine how hard it can be to deposit via CC now when it was not fineable to allow it, my prediction is it will get much worse. in addition they will be more careful about ACCEPTING check which is the cheapest easiest way to withdrawal so it will be more expensive and difficult to get your money out not to mention people who do legit international transactions may be put through more hoops or denied legit funds. It can never be shut down completely but they can make it more and more difficult and expensive until most other than pros won't want to even waste their time. now as a primarily horse player I am most worried about having my horse racing checks not honored as they advertise quite clearly where the check came from on the item, the banks will think it is "illegal gambling" which it is not due to the interstate horseracing act of 1978. All and all it is worse on the player and banks.

mcbaseball10 · 11-25-09, 06:00 PM

Great news DblD. The longer it is delayed and the more time they have to bury the issue the better for us.