Websites of Interest

Friday, February 09, 2007

Keeping Your Head in the Game.

Head on over to a Blog I just found But Immediately liked.



Keeping Your Head in the Game

"What does it say when people who nearly everyone would call "mainstream" or at least part of the center.... What does it say when these people feel the government is acting out of spite and religious fervor to subvert the constitutional guarantees we all take for granted."



"As I have said before: The dying gasps of a paranoid regime always
threatens the rights and freedoms of those who oppose them and
historically leads to the defeat of the ruling powers either by
election or by revolution. But in the meantime many suffer for no
reason, no reason at all."

So Have a great weekend and head on over to Keeping Your Head in the Game.



Peace

Billyb











powered by performancing firefox

Thursday, February 08, 2007

Netteller and the DOJ.

Neteller Funds Seized by FBI

Neteller has had $55 Million in Funds seized by the FBI. These funds are payment processes in transit to and from the US. Authorities are saying the funds are "frozen".

"As a result of the restrictions placed by third parties, court-ordered seizures, and related legal concerns, the group is currently unable to make payments to U.S. customers," Neteller said in a statement.

"The amount of funds seized by the USA or otherwise restricted by third parties does not exceed US$55 million (euro42 million)," it added. The FBI has also hired a forensic accounting firm to compile a list of US customers who have had Neteller Transactions. Neteller has apparently said it will co-operate.

Most internet poker players already know the 2 founders were arrested in the US and are each facing 20 year racketeering charges, and US Operations were suspended last month. Neteller lost upwards of 65% of its business due to New Anti Gambling Legislation which was "porked" into law in October of the coattails of the port security bill. George W. Bush signed the bill on October 14th making it US law. Neteller is based in the Isle of Man, traded on the Britain Exchange, and was the favorite payment processor for Internet Poker.


Now here was a statement from Netteller.

NETELLER Works to Return Funds to US Customers After US Withdrawal

NETELLER Plc (LSE: NLR), the leading global independent online money transfer
business, today issued the following update with regard to its US business and
criminal charges against two of its founders.

On 19 January 2007, at the request of the Group, the Group's legal advisers met
with representatives of the United States Attorney's Office for the Southern
District of New York ("USAO") to clarify the Group's position with respect to
the complaints brought on 16 January 2007 against two of the Group's founders,
Mr. Stephen Lawrence and Mr. John Lefebvre. Neither are current employees or
directors of NETELLER. In that meeting, the Group pledged to cooperate with the
USAO, indicated it was prepared to begin document production promptly and
discussed a potential mechanism for arranging an orderly repayment of funds to
US customers.

The discussions between the Group's legal advisers and the USAO are ongoing. The
Group is, under advice of its legal advisers, commencing production of documents
and intends to cooperate with the USAO in its investigation.

Following upon the complaints dated 16 January 2007, banks in the US began
declining to permit transactions involving the Group through accounts maintained
at one or more automated clearinghouses in the United States. Additionally, the
Group has been advised that the USAO has obtained court-ordered seizure warrants
seizing funds pertaining to the Group's transactions. To the best of the Group's
knowledge, it believes that the amount of funds seized by the USAO or otherwise
restricted by third parties does not exceed US $55 million. These funds were
largely in the process of being transferred from the Group to its US customers
or vice versa.

As a result of the restrictions placed by third parties, court-ordered seizures,
and related legal concerns, the Group is currently unable to make payments to US
customers. Nevertheless, the Group is in discussions with the USAO to manage an
orderly return of funds to US customers. As part of these discussions, it is
contemplated that the USAO will engage a forensic accounting firm, at the
Group's expense, to assist in this process and to examine the Group's financial
position. "The return of funds to our US customers is a top priority for
NETELLER" said Ron Martin, Group President and CEO. US customers wishing to
withdraw funds from their NETELLER e-wallet accounts will experience ongoing
delays while these discussions continue, and a further update will be provided
by the Group once effective repayment mechanisms are determined.

To the Group's knowledge, no criminal action or proceeding has been brought
against the Group, its current officers or directors by the USAO. Nevertheless,
there can be no assurance that the Group will not be charged in a criminal
action at some subsequent time. The Group intends to work with the USAO to seek
a negotiated resolution of any allegations relating to its US activities. Any
resolution of this matter may lead to potential sanctions against the Group
including material financial penalties, fines and forfeitures.

It is emphasized that in line with the Group's standard business practices for
all customers, funds held by the Group for US customers are held in segregated
trust accounts. The Group's own cash position remains strong and the Group
currently has sufficient working capital to fund all its customers' balances as
well as ongoing requirements of the business.

NETELLER remains committed to developing its business in line with its stated
strategic objectives including geographical and product diversification for all
markets. The Group will focus on its continuing business and the opportunities
available in the growing markets of Europe, Asia and the Americas outside of the
United States. Since the Group's withdrawal from the US market on 18 January
2007, average daily new account sign-ups of new customers from non-US markets
has been around 1,400. This compares to average daily sign ups of 3,303 for the
year to 31 December 2006. Daily fee revenue since 18 January 2007 has averaged
over US$ 200,000 per day (excluding any revenues from Netbanx, 1-Pay and
interest income). These metrics demonstrate the resilience of the Group's
ongoing business. NETELLER customers not resident in the US continue to be
minimally affected by this withdrawal from the US market.

In view of the continuing uncertainty, the Group's shares will continue to be
suspended from trading on AIM for the time being. Further announcements will be
made as appropriate.

So Let's all Hope and Pray That people actually see their Funds. I don't Understand how the U.S. Goverment can steal the money unless they can prove that it actually came from Gambling
and Not Legit Activities, But that is what Lawyers are for.

Here is the Headline that we all want to see:


"Neteller Funds Returned by FBI
Funds will be returned to rightfull owners"





CC's Bash on Pokerstars





This Public service announcement was brought to you by Pokerworks







Technorati Tags: , , , , ,



powered by performancing firefox

Wednesday, February 07, 2007

Free Free Book Tells You 12 Secrets of Better Poker Players

Free Book Tells You 12 Secrets of Better Poker Players

!0:33 Just busted out of the 15k on FT, out 84th of 743.
Not Bad I feel like I played pretty well tonight making the right reads
and the proper folds. The last part can sometimes be difficult for me.

I am still in the Hammer day tournament on FT also now currently 9/37 with 18 getting paid.
158 Hammer Lovers showed up.

And Hammers there were,





and this one is something I have never seen.

More updates to follow

11:18
watching soccer, Yeah there isn't much else on. currently 17/24 with 18 getting paid.
I have some work to do But I am not getting much in the way of cards.
and have some really big stacks at my table.

The End came swiftly at 11:50


I certainly could use this book since I suck at poker. I would like to find a
Poker Mentor. any suggestions?? cardrunners?

peace
billyB

and get this great book:
Free Book Tells You 12 Secrets of Better Poker Players

Hammer Day, 36 and counting

I was doing my daily reading when I saw Biggestro write that today is
2/7/2007 HAMMER DAY.
This will be one crazy tourney. bring your cups and Booze since
you will need both tonight to survive.






Don't forget CC's Bash on thursday also. The gang from Pokerworks throws a great tourney.




36 more days till vegas.

Peace
Billyb

Tuesday, February 06, 2007

Brrrrrr its cold outside.

Free Poker Money

Free PokerTracker & Other Gifts


Man is it cold outside, how can you tell You might ask??
well when my Dog is whining to come back inside then its too dam cold.
I get to the shop today and The heat is OFF, wtf it is colder inside than out.
hit the reset button boiler turns on for 5 min and then shuts off, Fuck me my fingers are
starting to turn Purple and I am inside. hit the reset button again same as the first time.
you know what they say 3rd time is a charm right???? well today it is more like the 8th time
that it actually stays on. I think i am starting to get the feeling back in my outer extremities.

My poker Bankroll is following the temperature outside it keeps going down and down and down.
2 weeks ago I felt like it was turning back around. Now I have no idea what is going on.
I think will take a break from 2-7tdl on stars its a fun game but it can be ohhh so frustrating when you have 4 to a wheel draw and you can't get there and some donkey who draws 3 on rounds 1 and 2 gets there.


Head over and read Hoyazo's latest Rant on FT shutting down it servers on sunday.

So come on out and support the one poker site that cheats its players by bullshit cards and fake random number generators, instead of just baldfacedly stealing guaranteed money from its best customers. See you there for a night of suckouts and bad beats and big blind specials! But at least you know that when the tournament reports a $200 payout for first place at the beginning of the event, that's the amount you'll be getting if you win it.

I did upgrade my template yesterday and Blogger did Mess it all up.

peace
billyb

Sunday, February 04, 2007

Football and Poker

SuperBowl Sunday well Since I Don't have a Horse in the Game I really could almost care less.
I think that the Colts will Prevail but It will be a close game due to the weather.


I am lucky that I am not waiting for a large sum of Money From Netteller. why because I suck at poker. I think it is crazy what is going on and while it isnt the end of online poker I sure is going to slow it down for awhile.

peace
billyb

Sponsors