Originally Posted by
Steve-O
China, what if there really isn't a second backer? What if Beyne still has enough to play the Main Event but he decides he can freeroll these guys, and if he cashes in the Main Event he pays what he owes them from the cancelled stake, and if he bricks it he cries poorhouse and slowpays til his next score?
Also, would these guys have invested if the Main Event wasn't part of the deal? This is like taking a cruise to Puerto Rico and then as you pull into Florida they tell you it's the last stop but they'll refund the amount of the Puerto Rico portion of the trip.
Now, if these backers agree that the stake was over (knowing he was going to play the Main) then they deserve nothing more than a refund. So, I agree with China IF we know this is precisely what happened, but would anyone be surprised if he just wanted to play the Main Event as what amounts to a freeroll, at least for a few months?
if there isn't a second backer and he is lying (which would be hard to prove) then he still owes you this
1. All cashes up till the main and your profit % + whatever money you invested in the main. He says he is not playing with your money anymore and if he made this clear then it is what it is.
If the guy is lying then you are dealing with a scumbag. But regardless of whether he has a new backer or not he said he had a new backer and he admitted to blowing your money, your portion of the stake is over. he owes u every cent he screwed you on up until this point + buyins
What if Beyne still has enough to play the Main Event but he decides he can freeroll these guys, and if he cashes in the Main Event he pays what he owes them from the cancelled stake, and if he bricks it he cries poorhouse and slowpays til his next score?
if this is the case then exactly what reggiman said in his post. Pick better horses who won't blow your money. If he is freerolling them and has the money he still owes them their buyins back. Whether he wqas lying or not he said he blew the cash.
if I were a backer right then and there I step back and say u owe me everything from the package u cashed for + my main money I Put up. I don't care if he wins the main event at this point. I would try and set the number he owed me.
But once the guy told me he is on another stake and he blew the money I gave him I would not expect a dime from his main run and would just want my money back that I invested
Also, would these guys have invested if the Main Event wasn't part of the deal? This is like taking a cruise to Puerto Rico and then as you pull into Florida they tell you it's the last stop but they'll refund the amount of the Puerto Rico portion of the trip.
This is the risk of staking. If I loved the guys main event part of the deal then great. But once he fucks me I realize I have picked a super crappy degenerate and just want my money back.
Now, if these backers agree that the stake was over (knowing he was going to play the Main) then they deserve nothing more than a refund. So, I agree with China IF we know this is precisely what happened,
I don't know what they agreed on and I don't really care. I am just saying and reggiman agrees, once he tells me he blew the main buyin money I am cutting him off. Whether he is playing with my money still or has a legit backer I would never know. But if I was the staker I step up and say your cutoff. You owe me for events cashed + my portion of events not played.
but would anyone be surprised if he just wanted to play the Main Event as what amounts to a freeroll, at least for a few months?
if that's what he did then he just blew his reputation ion the community over 10,000 but we will likely never know. Remember this guy is a site pro too. Nobody will trust this guy again and wouldn't be surprised if he gets his sponsorship cut at some point.