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    Black Friday Coverage Part 5

    Posted by Quad Jacks April 16, 2011

    Black Friday Coverage Part 5 Hours 12-15

    Marco and Zac are joined by Daniel ‘Jungleman’ Cates, Dutch Boyd, James Mitchell, Pete Lubrano, Jason Koon and NoahSD on this segment of the Black Friday coverage.

    The beginning of the Black Friday show mainly centre’s around Jungleman and he tells us that he had received a message from Tom ‘durrrr’ Dwan saying that ‘your money is probably fine.’ We find out that even at hour 15 a move to England to play online poker was already on Junglemans mind. Dan was certain that neither FTP nor PS would enter the US market in the near future and expected that players would get paid back. Worse case scenario, that no one would get paid and the US Government would start attacking live poker but it was very unlikely.

    Speculation was also rife as to whether FTP bought in the rake generating changes prior to Black Friday (the tripple guarantee weeks, multi entry tournaments) to boost their coffers due to money that had already been seized.

    15:00 Dutch Boyd and NoahSD were both of the opinion that the FTP changes weren’t made to recover prior losses but to maximize their rake because they were a business ‘and that’s what they do.’
    Dutch Boyd makes his exit after almost 15 hrs still dazed and shocked. Dutch’s closing statement was rather depressing with a bleak view of what’s ahead and already believing that players wouldn’t be seeing any money.

    Some Of Dutch’s key predictions were:

    That people wouldn’t be able to adjust to the changes ahead for poker and many would disappear.
    Poker media jobs would disappear, people would struggle to adjust to grinding live cash games.
    He bought up how his site Poker Spot went down due to payment processing issues, and how he had believed at that time that everything was going to be fine.. and it wasn’t.

    He stated he wasn’t confident with what the sites were saying, stated that he didn’t believe it would all be fine and implored the ROW players to cash out their money from the top 3 sites and for Americans on Carbon, Lock and Victory to get their money out and not deposit until the dust settles.

    Dutch predicted that smaller sites would stay open for a while thinking it was good for them and that they were fooling themselves into thinking they wouldn’t be next on Black Friday.

    29:00 Dan Cates states how ‘oddly’ he isn’t taking it as bad as he would expect, feeling as though the gravity of it hadn’t hit him yet. He also stated that he couldn’t see the +EV in worrying about the situation as it was out of his hands….

    Dan also said how some high stakes players he had spoken to didn’t seem too worried and believed that people’s ‘money would be fine’.

    His friend Haseeb Qureshi believed that the DOJ wouldn’t take all of the players money as it wasn’t a good political move on Black Friday.

    43.00 Pete The Beat has a moment of clarity and tells one of the ‘wombats’ from chat what he really thinks about his mother. (NSFW)

    51:00 The panel is joined by Joseph ‘Subiime’ Cheong who was ‘pretty sure’ that money would be paid back at some time. Sub thought that live local games would get some traffic and it was also discussed how the panel was hearing reports from some ppl that PS was contacting HS players and regulars that their money was fine, as opposed to no word being put out from FTP to it’s HS players.

    Sub stated that some of his friends were ‘ kind of happy about this thing, seeing the bright side of it’ getting more free time and not feeling chained down by online poker.

    Sam Iola joins the call and shares his perspective saying he was grateful that he finished college where as he realized so many others hadn’t finished school and would find it extremely difficult to support themselves in live play. Backing and staking would be very different and a lot harder for people to seek and receive in live play. He was prepared to leave poker and seek employment and further his education and not wait around for things to settle.

    73:00 Sam Chauhan comes on to explain, you have to see it how it is, and how you have to see it better then it is. That it was just a scenario that you had to go forward and be part of the solution.
    Sam suggested that people not panic and stress over what they couldn’t change or have no control over. He was of the opinion that FTP would do what they could to get peoples money back, and explained that this wasn’t the worst thing ever to happen and to put things into perspective and to look at the other things they could go out to do and enjoy.

    After a few more analogies Sams basically stated that life has uncertainties, doubts and unexpected happenings but as long as u control your actions, reactions and focus on getting to the destination u want to, that was the most important thing.

    102:00 Julian Thomas calls in to let the panel know that he was a small stakes no limit player who depended on online poker to make a living and that there was alot of players in the same boat who now had no way to make a living. He didn’t think that live poker was an option and was going to continue his education.

    124:00 Dan Blizerian makes an appearance and said how he had heard at 9am on the 15th from Tom Goldstein(?) a lawyer from Pokerstars, that had gave him a heads up and that Pokerstars was pulling out of the US. They speak about Dan’s quarter mile race and his winning a Ferrari. Victory Poker was bought up and its move to Cereus network and how Dan Fleyshman was now deciding what to do. It also goes without saying that when ever Dan speaks, of course guns will come up….

    Dan very passionately talks about how the government has taken peoples civil liberties and now people were unfortunately finally realizing it. He also mentions that Phil Lark was thinking of taking his skin of of the Cake network as they hadn’t paid him and he didn’t think it was worth the risk of staying. They also discuss live and online players and the differences between them with a few stories of private home games thrown in. Dan’s advice to players thinking of making a transition to live play was to be wary of their impatience and need to play so many hands.

    A plethora of topics follow, ranging from MMA, the Navy Seals, growing up as a nomadic trust fund baby and of course ‘THE BEARD’. Interesting radio to be had!

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