Current Lines

Monday, January 17, 2011

Online Poker Funds Seized

So, what do we think of this?

Over $8 million has been seized by authorities in the state of Washington since last October. Coupled with the feds in New York seizing $34 million last June, that's a lot of lost money for online poker players in those states.

Read the details here.

Should we be worried that our online bankrolls might not be safe?


  1. There's a lot of crime in this country and the feds are worried about people playing online poker? Ridiculous.

    I play online mostly for fun, so my roll on most sites is $250 or less -- not enough to kill me if something bad happened.

  2. @ MOJO- I've cashed out of all the sites except PokerStars and Full Tilt. My PS account is only around $500, because I don't play there often. My FT account is quite a bit higher, so I'm thinking I might take most of it out. I generally play at the $6 buy-in level, so $300-400 should be plenty.

  3. Except for a few sites I don't really deposit. I have a dcent amount of money on a bunch of different sites but it is mostly winnings from leagues I have played in, starting the money with a freeroll winning then adding to it with buy in winnings. If they seize everything I have they get a few hundred bucks but I'm out maybe $50 or so. Don't play online much any more, live is too available these days, plus I'm beginning to believe the existance of the anti cheating algorithim, so I basically just use my funds to play league and blogger games as a way to associate with friends. That's what would bother me most if online poker would ever get hut down.