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08-30-2010, 05:29 AM
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#376
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Carpal \'Tunnel
Join Date: Jun 2006
Location: drinking in a saloon
Posts: 11,911
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Re: EPT San Remo package
To address the coaching issue brought up by rje8686, I offered two different rates to my students, the regular rate, and a discounted rate for students at lower stakes. In order to protect myself, my policy was to to have students show me they were low stakes players if they wanted the lower rate. It is far from inconceivable that someone might claim they were a low-stakes plo player, but if that person is playing higher stakes nlhe, then there's a distinct possibility they merely want the lower rate. So I asked you what stakes nlhe you were playing. I don't think this is or even looks shady at all. However, I've shown that I'm not a good judge of what does and doesn't look shady, so all I want to do here is state my position and apologize to you if you thought I was trying to take you for a ride.
A couple of years ago, I missed two of the same students appointments due to personal issues (mainly breaking up with my girlfriend). He asked for his money back, and I gave it to him. I've given money back to students a couple of times despite having a 'no refunds' policy (stated in my coaching thread). In recent months I've been travelling so haven't had as much time to coach, so a few students still have lessons owed. Other than that, I've coached I believe more than 50 students, and I highly doubt any of them would have any complaints.
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08-30-2010, 05:34 AM
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#377
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old hand
Join Date: Apr 2008
Location: Mass.
Posts: 1,596
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Re: EPT San Remo package
Next time use J.G. Wentworth imo.
It's my money and I need it now!!!!!
Once you get this crap all settled dude. My best advice to you is pull all of your money out of the bank that made you "jump through hoops." And never do business with them again if what you are saying is the truth...
You can draw cashiers checks blah blah blah all types of options to get these people their money if you indeed have it. Unless there is tax evasion going on or something I have a hard time understanding how you can get paid out from a casino and 4.5 months later you are having a hard time accessing it all. It doesn't really make sense. If you are UK resident you don't even pay taxes if I am not mistaken so I have no idea. But dude if you can prove you have the money then why can't you GD access it and pay it out.
Get it over with dude. GL all....
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08-30-2010, 05:40 AM
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#378
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Carpal \'Tunnel
Join Date: Jun 2006
Location: drinking in a saloon
Posts: 11,911
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Re: EPT San Remo package
the bank in question is barclays, my experiences with all banks have been pretty poor, and uk banks have a tendency to make you jump through hoops with everything, fwiw.
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08-30-2010, 06:12 AM
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#379
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old hand
Join Date: Apr 2008
Posts: 1,846
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Re: EPT San Remo package
Quote:
Originally Posted by wazz
This was the same plan as I had in Vegas. When considering this plan, I looked at it from the angles of convenience - being able to pay my investors out online - and profitability - make both myself and my investors some money. I did not look at it from the point of view of potential shadiness. Why? It just didn't occur to me. I can't explain it much better than that, and I'm aware I can't prove it, but my intention was never to scam anyone or to have anything I did look like I was scamming. I realize now that not telling my investors of my plan makes it look like I was trying to scam them, and can only put it down to a lack of foresight and failing to consider what it would look like. Again, I can't prove this at all, but it's the truth of the situation.
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I actually believe this. Anyone can make mistakes.
I am pretty sure he didnt intend to scam anyone.
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08-30-2010, 06:56 AM
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#380
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old hand
Join Date: Feb 2006
Posts: 1,351
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Re: EPT San Remo package
Do you feel your position is tenable as a moderator, do you think it is appropriate that you continue to sell action in MP?
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08-30-2010, 06:57 AM
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#381
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Pooh-Bah
Join Date: Feb 2006
Location: suffolk
Posts: 4,591
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Re: EPT San Remo package
I think the main things to take from this all is to not have such a lazy/cocky attitude to other peoples money. While obviously this is on a much much larger scale, there were several people over the course of the WSOP who had no intent to scam/do anything shady but ended up doing their bollocks in live cash/SNGs or whatever and ended up missing tournaments and not repaying their investors. Quite simply, other peoples money cannot be disrespected at all no matter how much you've just won/lost them.
In light of the events, I also struggle to see how wazz can remain a mod having admitted that he was going to deliberately hold ransom other peoples money for selfish gains. I think he should be allowed to post in the marketplace since it's a very obvious case of buyer beware.
I'm glad to see that it looks like everything will be settled though and hope wazz can be certain to see out the rest of the process in a professional manner.
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08-30-2010, 07:18 AM
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#382
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Carpal \'Tunnel
Join Date: Jun 2006
Location: drinking in a saloon
Posts: 11,911
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Re: EPT San Remo package
Quote:
Originally Posted by pofigistka
Do you feel your position is tenable as a moderator, do you think it is appropriate that you continue to sell action in MP?
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I have already offered my resignation as a mod in a thread in the mod forum which is basically a cliffs notes of the situation thus far - no information has been posted in there that hasn't been posted here.
I will not be trying to sell any action at all except maybe to close friends for the foreseeable future.
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08-30-2010, 08:39 AM
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#383
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Carpal \'Tunnel
Join Date: Apr 2007
Location: Bloody You Kay
Posts: 6,028
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Re: EPT San Remo package
I offer to be a witness to this meeting just for the sheer lolz of it all.
Last edited by Ledders; 08-30-2010 at 08:54 AM.
Reason: as long as I can put the tube fare on the stake
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08-30-2010, 09:02 AM
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#384
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newbie
Join Date: Jul 2008
Posts: 36
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Re: EPT San Remo package
I am a semi-professional masseuse and would like to offer my services as part of any future staking requests.
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08-30-2010, 09:30 AM
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#385
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banned
Join Date: Apr 2010
Location: pass the sugar
Posts: 3,079
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Re: EPT San Remo package
Quote:
Originally Posted by Quasar30
I actually believe this. Anyone can make mistakes.
I am pretty sure he didnt intend to scam anyone.
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+1
Keep your head up
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08-30-2010, 11:32 AM
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#386
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Super Moderator
Join Date: Jul 2003
Location: borrowing lunch money
Posts: 15,875
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Re: EPT San Remo package
wazz,
Good writeup. I don't have any reason to doubt it's the truth, though I am very far from the matter and this shouldn't be read as an endorsement of any kind. Thanks for actually responding.
One thought, given that he scale of money is large and at minimum you have been freerolling the interest for several months on $200k: you could offer to fly your creditors out to London and put them up for the weekend and hand them their cash.
Another thought: I haven't been paying a huge amount of attention, but given your plan to swap for online money, I'd have thought you'd be very active in places like the HSNL transfer thread. It's not like England is lacking in high stakes players who want your money, is it?
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08-30-2010, 12:13 PM
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#387
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veteran
Join Date: Mar 2005
Location: Somewhere in the Woods
Posts: 2,651
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Re: EPT San Remo package
I hope everyone gets paid from this, sounds really messy.
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08-30-2010, 12:18 PM
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#388
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Carpal \'Tunnel
Join Date: Jun 2006
Location: drinking in a saloon
Posts: 11,911
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Re: EPT San Remo package
Quote:
Originally Posted by citanul
wazz,
Good writeup. I don't have any reason to doubt it's the truth, though I am very far from the matter and this shouldn't be read as an endorsement of any kind. Thanks for actually responding.
One thought, given that he scale of money is large and at minimum you have been freerolling the interest for several months on $200k: you could offer to fly your creditors out to London and put them up for the weekend and hand them their cash.
Another thought: I haven't been paying a huge amount of attention, but given your plan to swap for online money, I'd have thought you'd be very active in places like the HSNL transfer thread. It's not like England is lacking in high stakes players who want your money, is it?
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That's another thing that just plain old didn't occur to me.
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08-30-2010, 12:19 PM
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#389
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banned
Join Date: Dec 2008
Posts: 505
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Re: EPT San Remo package
How is this retard still a moderator?
Poor showing 2+2...
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08-30-2010, 12:36 PM
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#390
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veteran
Join Date: Dec 2006
Location: Brisbane, Australia
Posts: 3,449
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Re: EPT San Remo package
Quote:
Originally Posted by wazz
That's another thing that just plain old didn't occur to me.
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That in mind, how have you been advertising your desire to swap cash for funds (not saying you haven't at all, merely curious)? I assume just friends, but why not advertise in the Vegas threads over the series? Certainly wasn't a lack of them.
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