The following code should work,
just update your Replace code with this
Code:
<embed src="http://www.photobucket.com/player.swf?file={param}" quality="high" bgcolor="#ffffff" width="430" height="389" name="ePlayer" align="middle" type="application/x-shockwave-flash" pluginspage="http://www.macromedia.com/go/getflashplayer"></embed>
Once you've updated just post like this
Code:
[photob]http://s33.photobucket.com/albums/d94/attractscops/?action=view¤t=MVI_0879-1.flv[/photob]
hope it helps
Stuie B