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Yeah, I've gone through much of the rest of the process before between bonus abusing casinos, running a rakeback site, and my own poker play. Once upon a time
by mattmaroon 17y ago
Yeah, I've gone through much of the rest of the process before between bonus abusing casinos, running a rakeback site, and my own poker play.
Once upon a time Party Poker offered a guaranteed 10% APR on all balances up to $10k, paid out monthly given a certain relatively small level of pay. I imagine their multiple account detection process back then was relatively crude compared to what Stars has now, but it caused me some pain. And I know Full Tilt is very good at it now.
- matt1 17y agoHonestly I didn't even bother trying setting up multiple accounts. The money was a nice, but it really wasn't the primary goal. Plus, in order to maximize profits I would have had to tread in a lot of murky waters that I didn't want to be near. For example, say you have a roommate run the bot. How do you get the profits from his poker account into your bank account? Not as easy as it might seem.
- mattmaroon 17y agoPro-tip: the legal solution to the roommate dilemma is limited power of attorney :)
- LargeWu 17y agoBut since online poker winnings are technically illegal in the US, doesn't that invalidate any legal standing over them, similar to how gambling debts are unenforceable?
- mattmaroon 17y agoOnline poker winnings are not illegal in the US. Playing online poker (or any form of gambling other than sports betting) is provably illegal only in a few states. But in those states, perhaps. I never had to pay an attorney to review that :)