Neteller Apologizes to Poker Players via Video
Online payment processor Neteller has begun releasing the funds previously held in a foreign account that belong to US poker players now that they have reached an agreement with US prosecutors. In a move designed to rebuild the trust bruised by the withholding of funds, Neteller President and CEO Ron Martin filmed and released a video on YouTube offering an explanation and apologizing for his company’s actions. The video announces the start of the return of the more than $90 million previously held, and offers a thank you to US players for their patience and understanding.
Related Articles:
Poker players getting money back from Neteller
US seizes poker funds from Neteller…
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- Online Poker Pro Apologizes
- Neteller case rescheduled for May 16, 2007
- Neteller Founders Detained: New UIGEA Precedent or Old School?
- US Seizes Poker Funds from Neteller
- Neteller Jobs Lost Due to Poker Woes
- NETeller case extended to April 16
- Alternatives to Neteller for Online Poker Withdrawals and Deposits
- Poker Players Getting Money Back from Neteller
- US players can’t use NETeller anymore to fund poker accounts
- USAO freezes NETeller payouts to US citizens
- Neteller Issues Outlook and Deadline Reminder
Poker terminology:
- SPLIT [OPENERS] - In draw poker, to discard one or more openers, usually to draw to a straight or flush. Normally requires the opener to declare the act and retain the discards so that the act of opening can later be validated.
- WHEEL - A-2-3-4-5. Usually discussed in the context of lowball where it is the best possible hand. Can also refer to a 5-high straight in high games. Also: BICYCLE.
- BLUFF - To make a bet or raise with a poor hand, in hope that the remaining active player(s) will fold.
- HOUSE RULE - Rules and interpretations (e.g., use of wild cards, or rules on having to show beaten hands) that are specific to an establishment or even tables within the establishment.
- COMMUNITY CARDS - Cards that are available for every player to use in making a hand. Usually dealt face up somewhere in the middle of the table.
- TRIPS - Three of a kind. In Hold'em the term SET is used when two of the three cards are hole cards.
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