POKER

Full Tilt Remissions Process: 92% of Players Made Whole

TAGs: full tilt poker

92% of former US-based Full Tilt Poker players are wearing smiles where groans once roamed after players started surfacing on 2+2 to tell people that the money had started to land in their bank accounts.

Full Tilt Remissions Process: 92% of Players Made WholeFormer US based players on Full Tilt Poker have been leaping out of their hammocks as money they never thought they would see again started raining into their bank accounts these past few days.

In October, Poker Players Alliance (PPA) Executive Director, John Pappas, informed the poker world that agreement had been reached with the United States Department of Justice’s Asset Forfeiture and Money Laundering Section (AFMLS) to release a further $5.7m to an estimated 2,000 people. That money has been reaching bank accounts all over the states these past few days.

Trawling through the FTP Remissions Issues Thread on 2+2, it seems there was no forewarning over the arrival of funds. There was no e-mail, no phone call, and no package via carrier pigeon. You either got lucky, or you didn’t.

“Getting this money today just makes me think how different my life was 5 years ago,” Wrote 2+2 poster AbsoluteTilt.

“No e-mail telling me I was getting paid. Go into my account this morning for some routine banking activity and notice my bank account is about 70k more than I expected. Success!!!” Wrote 2+2 poster Sangaman.

“Knew I would not be in this payment. Still checked bank. Still sad nothing there. Congrats to those who have been paid.” Wrote 2+2 poster UsedToBeGood.

This latest clattering of cash includes disputed funds, players who filled in their first petitions incorrectly and anyone who was a little slow on the uptake. It’s the seventh batch of payments since February 2014. There has been around $110m paid out to over 43,000 US based players.

According to the Full Tilt Administration website, that takes care of 92% of those unpaid. Approximately, 3,800 players are still waiting for their money. It’s believed incorrectly filled out petitions are the primary cause.

The PPA, PokerStars and the Garden City Group (GCG) have done an excellent job in returning what is an enormous sum of money. The Full Tilt Administration Site aren’t accepting any further petitions for remission. The end date was Oct 31, 2015.

Full Tilt Have a Million in Prizes to Give Away

Full Tilt might have left a terrible taste in the mouth of anyone feasting pre-Black Friday, but after PokerStars had pumped some life into the site, life moved on.

It’s about to get livelier.

For the next six weeks, Full Tilt intend to give away more than a million in prizes during their Million Dollar Breakaway promotion. The promotion has already begun. It will end January 3, 2016.

Full Tilt lay on numerous was to get your mitts on some cash; trips to Vegas or electronic gadgets. Here are a few of them.

Millionaire’s Club Lounge

The promotion has already begun. It ends Dec 27th, 2015.

Players opt-in to the challenge via their My Promotions tab and take part in a series of challenges. Raffle tickets are handed out to players who complete three or five tasks during any week. There is $500,000 in guaranteed prizes available in this promotion including $10,000 Las Vegas holidays, iPhone 6s, Beats Pill 2.0 speaker, and Beats Solo2 headphones.

Freeroll Frenzy

A series of freerolls are dishing out $32,000 in Jackpot Sit & Go freerolls and freebuy tournaments.

Leader Board Races

There will be a 10-Day Cash Knockout race. Ring games and Rush tables count towards accumulated points. There is $50,000 in guaranteed prize money up for grabs in this one.

There is also a special media freeroll on Monday where participants can win iPhone 6s, Beats headphones and other great prizes.

Don’t enter though.

It’s mine.

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