[TheMightyJim2k]

Originally Posted by PFunk

What kind of interest rate are they going by?....$800,000 = $1.6 mil

the idea is that if you lost $50 that means that if you had won the pot you would have won $50. So they no only reimbursed people for their losses, but actually gave them back money they would have won had they won the pots. Of course the math has been questioned in a lot of spots, a lot of players feel like they got everything back, some felt like they didn't get enough.

I'm sure reverberations will be heard for awhile, but as expected online poker marches on.

[PhilTheThrill14]

So let me get this right:

1- Absolute is gonna do just fine.

2 - Online poker will survive.


Just like I thought. The sky didn't fall after all.

[ipgyst]

Originally Posted by PhilTheThrill14

So let me get this right:

1- Absolute is gonna do just fine.
2 - Online poker will survive.

Just like I thought. The sky didn't fall after all.

I was right there with ya. I don't think AP even came up in the recent congressional hearings. Overreacting is natural (because that's what "media" teaches us), so I don't fault anybody for his or her "sky is falling" attitude.

[smoore]

Originally Posted by FTFA

A known perpetrator was immediately terminated upon discovery of the scheme and no longer has access to AP.

Well you certainly cannot have access to AP if you're DEAD!

Moral: Don't cheat at AP, they will kill you.

[ipgyst]

Originally Posted by smoore

Moral: Don't cheat at AP, they will kill you.

That is definitely a deterrent.