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[QUOTE="MDTed, post: 1179543, member: 32475"]
When I first started online poker I wasn't comfortable depositing on a site. I started out on UB and there they gave you 1000 playchips to start. Now, this was my first site and I was there long before coming to any websites like this one so I admit I was a little naive about things.
 
For one I didn't know they gave you more chips. I thought that was all you got, even though I should have known better. So I took the 1000 and played 5/10 PLO until I got to 10,000 then went to 10/20 and at 100,000 I took 50,000 to the 1k/2k table and never looked back.
 
UB had no restrictions on the number of accounts you could have back then so everyone who played regularly at the 1k/2k PLO or NLHE tables had many accounts so they could dump the excess chips off. You were only allowed to have 21.4 million per account. If you went over and the software "caught" you, it dropped you back to 10 million.
 
In the good old days you would see people running newly created accounts up to the 20 million mark and then selling them on Ebay for $100 and more. Yes, people were crazy enough to buy play chips on Ebay.
 
After UB noticed they weren't making money on this they changed it so you could only transfer 50,000 chips per day. 
 
When they changed to the new software it dropped everyone down to 1 million.
 
I haven't played with playchips on FT or PS.
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