There’s a minority of players who are frustrated that this group is even eligible for compensation since they were representing a site that did not have its money on hand when judgment day came. The frustration continues to mount for disputed balance customers as time goes on with no word about when money will be received a good 40 months since their money disappeared on Black Friday. It is reasonable to understand their frustration considering they were just Full Tilt Poker customers and not site pros.
Full Tilt Poker players that have been 'patiently' waiting after filing a petition containing disputed balances are going a little stir-crazy and are not happy to hear others are potentially skipping them in line. Many players took to the poker forums after this news to express their frustration. It is conceivable that the refund calculations might not be simple for this group of poker players, so it is of no surprise that the Garden City Group encourages the petitions to include emails, screen shots, bank statements, and anything else that may substantiate their claim. The players will not be able to petition for any affiliate revenue or missing compensation that came along with being a red pro, but interestingly enough they will be able to include their own rakeback, which in some cases could be significant. This group of players now has only one month to complete and send applications for refunds with the deadline set for Sept. Red Pros other than Team Full Tilt Poker players should have received notices with information and instructions on Aug. "It has been determined that players designated by Full Tilt Poker as 'professionals,' other than Team Full Tilt Players, will be able to submit Petitions for Remission to recover the portion of their account balance that is not attributable to compensation provided by FTP or affiliate revenue."
#News on full tilt poker refunds update#
The Garden City Group (GCG), the firm responsible for overseeing the repayment of money owed to Full Tilt Poker players in the U.S., has received approval to process refund petitions for most of the site's designated US-based "professionals" according to an update on the website.
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