Am I Permitted an “I Told You So”?

[shipitfish]

I've never liked nor used Neteller. It was mostly because I thought it was wrong to have to give an SSN just to do an online payment, but I also thought there was something funky about their post-UIGEA position. At that time, I became convinced that the safest cashout method was paper check, at least while we wait out our (as of today) last 172 days of USA online poker.

There were some arrests of Neteller officials on non-UIGEA (money laundering) charges, and then without warning (other than the omen of the arrests themselves), Neteller service has been suspended for USA users! At least Firepay gave us some time to process final cashouts, even if Pokerstars refused to let you use it.

But, I don't have any time to gloat that I saw Neteller's position as particularly dangerous post-UIGEA (nor is gloating a good thing to do in general, of course). The important item that needs my attention is that most of my opponents use Neteller. I suspect there's going to be an en-masse chip dump (for people who respond with the whole thing is rigged anyway, I'll just ‘play these chips off’ or see if I can double them up), followed by a mass exodus over the next week.

So, for the next 5-10 days, I've got many hours of online poker ahead of me trying to get the last of the money in play from players here in the USA. I was certainly wrong in thinking that we'd get the majority of the remaining days of UIGEA implementation. I figured about 90 days before, we'd start to see a gradual slowdown approaching a crawl of USA players as banks started to roll out implementations. As it turns out, I was off by about 82 days.

Good luck, USA online players. The clock is really ticking now.

Comments

[arctic-giraffe.livejournal.com]

I hadn't thought about all the 'chip dumping' that's going to happen, that's a really, really good point. It might almost be worth opening as many $25NL tables as I think my brain can handle at stars over the next week.

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