The Rise and Fall of FULL TILT POKER

Full Tilt Poker was launched in 2004 and quickly became one of the biggest poker stires in the world with many poker pros being the face of the company like Phil Ivey, Mike Matusow, Chris Ferguson, Gus Hansen and many others.But problems started to arise for Full Tit Poker from 2007 leading to the eventual shutdown of Full Tilt Poker after Black Friday on April 15 2011.Later this came to be known as one of the biggest scams in poker and many called Full Tilt Poker a Ponzi scheme.This is a poker documentary about the rise and fall of Full Tilt Poker and the end of poker rail heaven.
Timestamps
0:00 Intro
0:30 The Rise of Full Tilt Poker
4:38 The Fall of Full Tilit Poker
8:15 PokerStars aquires Full Tilt Poker
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[@FaithfulReasoning]

Full tilt had the best software and the feel

[@travisbickle0526]

2011 full tilt had better software than any poker site today

[@williamhock5603]

I loved full tilt software, the tournament varieties.. everything except for Bitar and Lederer.. They could still be taken out back with that baseball bat to the groin Negreanu had suggested

[@aloewishus]

This guy in napoleon dynamite?

[@chvostiq]

Everyone could find a game for his skill and play comfortable. I did not get the same feeling even from PokerStars software. Since then no online poker software could come even close to Full Tilt.

[@RIPdBOON]

Full Tilt will always be special to me. Granted I was a teenager and never played for real money, but I did win a few 600 man tournaments. I honestly never knew what exactly happened to it and now I will never look at Ferguson the same way.

[@CuriousConnoisseurs]

look at him as i look to Jesus.

[@AirBahg]

full tilt software was so smooth. pokerstars be mad confusing

[@wettgilliam]

Those was the glory days of Poker.

[@Scott-wq5lk]

Being able to watch Phil Ivey, Gus Hansen, and Tom Dwan play at the same table every night was amazing. That accessibility will never be duplicated again. Their commercials were excellent too, the Phil Ivey one where he says “I’m playing the same game they are...well, almost” was phenomenal. The Dwan one was superb as well.

[@mrno_name9518]

Could u post the link to that Phil Ivey commercial? I remember Doyal Brunson joking about it. I never seen it myself tho.

[@MaizeTheGamerVR]

@@mrno_name9518 lol what would make you think he has the link? Look it up homie

[@mrno_name9518]

@@MaizeTheGamerVR can’t find it that’s why I asked him

[@bobronson5049]

Sorry to be so offtopic but does anyone know of a tool to log back into an Instagram account?? I was stupid lost the account password. I would appreciate any tricks you can offer me.

[@bb-gc2tx]

no doubt my mind those pros were in on the cheating that went on

[@johncrumpley8702]

Let's face it. Ferguson & Lederer should have gone to jail.

[@DLHarv]

Joe Pesci should have taken them out to the desert and made them dig their own holes 🤣

[@jasonbourneistreadstone]

@@DLHarv I really like and approve of this idea.

[@iv-kingroy-iv2225]

100%. That shit matches up perfectly with... Ponzi scheme fraud.😂

[@sharpshootera]

"Then i learn to play like me..." - Tom Dwan, Full Tilt poker commercial. This one was nothing but the most genius poker commercial ever....

[@nathjohn3158]

I miss the Full Tilt software. Pokerstars skin version of it is shit.

[@Alextoon1]

agree, it seems they made it shit on purpose :(

[@shojimujoshojimujo3315]

At least you can play there.

[@MrAlio101]

@@shojimujoshojimujo3315 not anymore. Jokerstars are sh..

[@dibbla]

I played there and made more on the side playing PLO than I did at my full time job. Rakeback pros was a huge weekly boost, Iron Man bonuses and decent rakeback in the form of FTPS was a huge boost to win rates. Great high stakes games for the railbirds and there was always action on tables on any day and any time.

[@Jackpot00]

Miss the good old days!

[@SwordAgainstChaos]

Great times. I’d be playing on FTP and watching poker on TV constantly.

[@Amoni.London]

@9:40 Howard Lederer "After A Couple Of Years In Hiding " That Was Funny AF!😂😂

[@colintimp1372]

How the hell is he let out on a $40 million bond because of heart problems? First, where did the money come from when you couldn't pay your debts to begin with? Second, if you're sentenced to 65 years you are supposed to die in prison. Unless you live long enough to serve your sentence. This was all about greed. It didn't have to happen. The main problem was that they made it sound like player funds were held securely, like in escrow. Instead they were using an algorithm to determine average player cash-outs and deposits per day; and only held a small amount over what they needed to cover that. The rest was paid to owners. It was a Ponzi scheme, plain and simple. If they'd have just been satisfied with profiting from rake and fees -and interest from deposits, they'd still be operating.

[@balbomb]

generally enjoy a lot of the summaries put out on this channel, feel like this one was quite rushed. It was really a roller coaster playing for a living on full tilt. You never knew when checks were coming, for over a year prior to black friday, the process of getting our account money back was crazy, and yet at the same time it's tough to explain just what a poker boom it was during the full tilt days. If you were on tv for even a few seconds wearing a patch, they would give you 5 or 10k. The amount of opportunities to win easy money was insane. Look at some of the monthly bonuses people were getting as being red pros. Look into the craziness that happened with Eric Lindgren during this time. Look at how much Guy lost to what would soon become all of the big name online pros. Was a really wild time and I think this video misses a lot of the content going on with FTP.

[@MrAlio101]

How much were the monthly bonuses for the full tilt red pros?

[@balbomb]

@@MrAlio101 depending on status, some were given free rakeback which is massive if you are a grinder, I heard as much as mid six figures for the big names

[@MrAlio101]

@@balbomb mid six figures a month, no chance. Possibly a year, but none of them were making that a month

[@balbomb]

@@MrAlio101 lol you asked me the question. I know first hand an upper mid tier pro was making 50k a month

[@MrAlio101]

@@balbomb I know but I didn't expect that answer lol. 50k a month isn't 6 figures, but thanks for the info. Imo only the top pros would have been getting near that 👍

[@OKG2000]

i was literally playing a tourney when it shut off...i was in 12th with 93 to go from a field of 1200

[@brucelee5576]

Playing poker with the pros is the last thing you want to do.

[@desean3402]

Me: I won Full Tilt Poker: Nah

[@ashbyashby2616]

I loved Full-Tilt

[@Bhodisatvas]

Greedy humans will always be greedy and that will always be their downfall.

[@frankpaws]

They ripped off a lot of people.

[@hikerbill9248]

Yep, they still owe me about $150.00.

[@AnthonyMartinez-jg8lo]

How do you get sentenced to 65 years and serve two years to get set free for 40 mill.

[@1088lol]

if you sit on a big sack of cash not even the law & order cares what shit u have done so :/

[@mouzz]

Money

[@Samsung-th6ml]

These were my last days of playing poker 😔

[@sandsplasherasmr1865]

Same here but I played on absolute. Turned $200 into $4k never got it back :(

[@nickmyers3092]

All the poker sites are bent I’m thinking of opening a next one and calling it ‘bad beats’

[@fullhousepokerindy]

I hate pokerstars.

[@chrisdangelo6047]

this is reminding me of gg poker there is tons of shady stuff going on there just a matter of time before they fall

[@CaioL.o]

Eu preciso de Fullstab não achei full tilt ali direito onde eu acho...

[@magnolialee4288]

Nostalgia 😍 when poker was just a teeny bopper

[@bryandedon7459]

Uncle same gets his money right away but everybody else had to wait and then pay taxes on the money when they finally get it back years later.

[@12aR9]

730 mil for database .. sounds reasonable

[@samronalds829]

Please bring back rush tournaments

[@StillShady]

I miss my donkey avatar so much xD

[@ohmylanta9973]

is it just me or does RAY BITAR look like a relative of current Americas Card room CEO Phil Nagy?

[@shojimujoshojimujo3315]

The good old days. I miss playing on FTP and Stars. ACR sucks.

[@TheEricJust]

no it doesnt

[@connorjodon3509]

Having poker players invent a poker site that rakes sounds like a poor idea from the get go. They’re still gamblers at the end of the day and there will always be a certain level of back room bull****. Where there’s gambling, there’s sneaky shit no matter how professional it seems

[@bb-gc2tx]

very true they are all social misfits always looking for a scam .

[@ajstevens31]

They had the best poker site by a country mile, and let that greedy clown run it into the ground.

[@Jokerlevin]

Clowns

[@byron2521]

Full Tilt... I have a Full Tilt Poker T-shirts with some money and a marker chip, I won in a tournament. My T-shirts says I knocked out a pro! But I think that is B.S. It was too low stakes for a real pro to play in. I lost the chip, spent the money, but still have the T-shirts. I didn't lose much money on "Black Friday". Less than $50. I got most of my money out before "B.F." I knew it was coming. And knew it would be hard to get your money out. So I just kept $50 to play in small stakes. Honestly, I only played small stakes anyway. They mentioned Bodog, which sucked when it rebranded as Bovada. But I liked playing at Bodog more than Full Tilt. Aww.... The salad days of online poker. It was fun while it lasted.

[@ohmylanta9973]

i agree, i have the same shirt etc. I always wondered if the red players were actually the pros... or in house players. Remember all the drama on the micro tables? The daily beggers thinking the pros liked them, i still remember a few. Steve Wong was one so called pro that sat on penny cash tables and many thought he liked them. That table was always verbally abusive etc lmao

[@ohmylanta9973]

also, i have a feeling you used the shark avatar lol

[@hikerbill9248]

@byron2521 I tried to pull some money out a few months before every thing happened. They gave me the runaround saying they could not see my I.D. I sent them my I.D. three times, shortly after that other people were saying they could not get money out either. I was only trying to take out about 300.00 by "Black Friday" I only had about 150.00 left. I never got any money from full Tilt and when Poker Stars took over I never heard from them nor did I even hear they were paying back people from their Full Tilt accounts. After all these years...I still want my money. LOL

[@young7931]

lol kids are allowed to gamble with loot boxes online while poker is still illegal lol

[@Dale-jr7oj]

Glad I live in Canada lol

[@whatsinthe]

Anyone have access to the Full-Tilt Academy videos?

[@NICKI814]

omg, i miss the avatars on their lol i was always the blonde cowgirl lol i remember daily players thought they were hot shyt, sitting with the penny poker "pros" lmao the "red pros" was never confirmed if it was really them or just their publicists lmao

[@hellsSG]

Before i turned 18 i watched the fulltilt pros video lessons on poker and it was the shit. Especially liked Chris Ferguson.

[@chipnroll]

talk about killing ya cash cow fulltilt was great i won loads of kool bits and pieces like t-shirts etc i still have them i remember the chat i took all my money out but $60 to play with and then few days later it went down was all over reddit never got my $60 back but glad they paid the rest

[@rhoudini]

Respect to the greatest poker site of all time. There will never be another like Full Tilt.

[@ericcarrillo1294]

ecalien

[@itzlethal1700]

owed not owned lol come on

[@lbdjthethird1240]

Fuckin' whoops.

[@zamanmodiri8248]

Pokerstars is copy full tillt

[@nardinit]

How so? Stars was around years before full tilt...

[@aloewishus]

This guy

[@fearthebeard7569]

Dude, edit your shit. You missed dates, figures, and names on the reg.

[@rickjames420]

Black Friday was crazy lol. Full Tilt still owes me $700 😂

[@NICKI814]

you should've got it from Pokerstars

[@rickjames420]

@@NICKI814 Nope. Couldn't get anything from it after that day, unless there was a loophole I missed.