Whether it affects you or not - it matters.

It matters to those of us with friends that work in CR and other areas that might be affected.

Whether enforceable or not, it allows more intrusion into our privacy and lives.

Its an old tactic in politics (I won't say where it's worked in the past - but its easy to find out --- or guess). But the idea of passing bills late at night and having them attached to "security" bills just keeps cashing in like the 2004 Pats.

This was the party that campaigned on "individual and states rights". They railed against the government expanding even further into our lives, and how "the other guys" just want to get their hands on your money.

Certainly some Dems voted against this - but it doesn't change who championed it (and rubber stamped it like always). Imagine in the weeks before an election being campaigned against as someone who "voted against keeping America safe"

The war on drugs is unenforceable too - look at how much is spent on it and how many people have had their lives ruined as a result.

Search therx for posts when they had the vote this summer -- see who was smug and said this would never even reach this stage.

We really can tell how it's going to effect everyone at this point of time, but we will definitly know better after a week or so.

From my point of view, it will definitly have some affect on the industry, some book might stop taking bets from American, and some might still taking bets, however, it's unknown at this moment how they're going to enforce it.

But in the long run, things will get back to normal again, soon or later, some people will discover some way to get around it, if there's a problem, there will always be a solution. It all depends on whether you're willing to take the risk or not, becasue there will always be some businessman outside the U.S that do not give a shit about the law here, and they're always willing to take whatever risk to gain PROFIT. Just like illegal drug trading and so on...

I asked many books what their plans were about a month ago, and I did not receive one response saying they will stop taking US bets...

Sean

What I want to know is where were the people this matters to most? Where were the sportsbooks with all their money? Were was Neteller? Where was the banking lobby? All I really saw was NROG trying to sign up new members, a few messages at some gambling websites warning about this, and many concerned bettors that frequent these sites making a lot of phone calls to Senators.

The sportsbooks realize it is unenforceable and stupid and hence are not gonna waste money on it.

Neteller set up offshore because they already believe what they do would not be legal here. Once again, why waste your money. The more illegal things become the more people need neteller. If it was legal, no one would use neteller.

The bankers tried. They told Congress we can not enforce this - yet congress passed it anyways. It would not surprise me at all if Congress told them we need to pass this to keep Repubs in office, but we will not enforce it... Win win. Banks like Repubs in office....

Sean

look for the netteller fee to sky rocket!!!!

ktvvegas said:

Search therx for posts when they had the vote this summer -- see who was smug and said this would never even reach this stage.

Click to expand...

I know how you feel, but let's not bother. Part of the reason that this thing passed is because we all couldn't learn to work together. I'm as guilty as the next here.

If someone were to ask me what to do now I say protect your account balance as you see fit. For some, that means cashing everything out; for others it may mean taking your balance down to a place where you feel comfortable; some of you may even decide to carry on with no changes. Once you have that settled, decompress for at least a week. There won't be any solutions or workarounds or anything else for a while. Hell, I'm not convinced that the authors of the legislation even know what they ended up with, so how can we decide what to do next?

My read is that this will make it very difficult for recreational gamblers to continue for 2 reasons: the bill targets deposit methods and does a pretty good job of disabling them; and there will be a perception that somehow online gambling is now "illegal" in the minds of the public. That's all the casual guy needs to hear. "They made it illegal, so I am not going to do it anymore." You and I know that's wrong, but you and I aren't the ones I'm talking about here.

I'm a poker player, and this effectively kills my participation in the game. As soon as the recreational players leave, I'm left competing against the serious students and I just don't want to work that hard. You sports bettors may have a better time of it because you always played against the house. The house (at least a few of the reputable ones...hopefully...) will still be there, so your game may go on. I don't think this bill will criminalize the act of cashing out, and I don't think the IP blocking language that we all feared is strong. I wish you all the best.

Quicklearner: There will still be plenty of recreational europeans, scandinavians etc.. all it really means is you'll have to play different hours and perhaps different rooms to find them..