Player sells less bang for his buck -- a lot less

Isaac Haxton placed second in the 2007 World Poker Tour PokerStars Caribbean Adventure winning more than $862,000. (Julio Rodriguez / Card Player Magazine)

Frustration settles in as players try to cash out their money from poker sites indicted by the FBI mid-April, as previously reported in this blog.

Isaac Haxton is among those players. But he's not exactly what you call the casual player. He claims to have $300,000 in limbo in his Absolute Poker account and is selling it for 20 cents on the dollar, he said in a forum post under the alias "Ike." He, among other former players, are trying to get some of their hard-earned money back which some believe will never see the light of day again.

"Personally, I wouldn't give him $35 for it," professional player Daniel Negreanu wrote in his weekly column for Card Player Magazine two days after the offer was made. "I feel bad for anyone who has their money tied up there, because the prospects of ever seeing a dime of it are very slim."

Negreanu, who is currently signed with Absolute Poker's rival, PokerStars, continues saying the owners of the Absolute Poker "cheated their customers [and] stole from their investors."

Absolute Poker had been involved in a cheating scandal in 2007 but managed to keep from going under then.

MSNBC reported Wednesday that Absolute Poker was nearing bankruptcy, however, according to a press release issued by parent company Blanca Gaming, Absolute Poker would “continue to operate their non-U.S. facing business around the world.”

As to anyone taking Haxton's offer, one poster offered to buy for a measly 10 cents on the dollar.