Erick Lindgren Owes >$100k for 2p2 Fantasy Drafts, Won't Pay, Claims "Cash Broke" - Page 9 - High Stakes Poker Pot Limit and No Limit

krmont22 · 03-02-2012, 11:20 AM

This tilts me so much. There is so little integrity left in the world. Reminds me of how a guy who owes me 50k is seen playing at LAPC, and then collects a 300 dollar debt "for me" from someone else and pockets it. These psychopaths will do absolutely anything with no remorse.

dareyou2call · 03-02-2012, 11:53 AM

Quote:

Originally Posted by VictorChandler

Guys, hire a lawyer!

hire a lawyer to collect "fantasy fball gambling losses" lol......sounds like a plan!

asherma3 · 03-02-2012, 12:37 PM

Quote:

Originally Posted by FatalError

pics or gtfo

No camera phones in the strip club. I just leave it in my car so I dont ass dial a woman I care about while im getting a handy in the back.

Had a short convo with E-dog about a situation that happened at the Bell last year in a 5k was hilarious.

asherma3 · 03-02-2012, 12:38 PM

Quote:

Originally Posted by krmont22

This tilts me so much. There is so little integrity left in the world. Reminds me of how a guy who owes me 50k is seen playing at LAPC, and then collects a 300 dollar debt "for me" from someone else and pockets it. These psychopaths will do absolutely anything with no remorse.

LOL thats a good one

I like the places this thread is going.

Boss_Tweed13 · 03-02-2012, 12:59 PM

Quote:

Originally Posted by Sea Salt

Let me clear up a few items and misconceptions here.

First off, Lindgren is a huge degenerate. He's an Ivey type who doesn't feel satisfied with life unless he has every last dime in action some way. The prop bets you read about are just the tip of the iceberg with him. He's not necessarily a bad person or a scammer, but is just a sick gambler and is terrible with money.

Also similar to Ivey, Lindgren was getting by thanks to his high monthly distribution from Full Tilt. He wasn't getting Ivey/Lederer money, but he was getting a lot - I think something around $250k per month.

Despite this amazing income of around $3 million per year, Lindgren was always cash poor and struggled to pay his gambling debts. This has gone on for years.

I had a close personal friend who was owed 5 figures by Lindren about 4 years ago. Like the posters in this thread, it was from a high stakes fantasy league. The stories I'm reading here are all too familiar. The ignoring of messages. The false promises. The lack of urgency. The stalling. The eventual indignant attitude when you call him out. Everything you see happening now has occurred with him before.

So how does he keep getting fantasy action?

Because he's a fantasy donk. Much of this comes from his neglect of his fantasy teams. Everyone loves playing with him because it's like free money; if you can collect, that is!

After the terrible hassle my friend had with him, Lindgren finally paid up about 9 months late (after tons of broken promises and a lot of attitude.) I said to my friend, "Well, thank goodness that nightmare is over! You've obviously learned your lesson about playing in fantasy leagues with Erick Lindgren!"

Shockingly, my friend replied, "Oh no, I'll play with him again. It's free money. He always pays. You just have to be patient and lean on him for awhile."

People in this thread asked why people didn't get Lindgren to pay up front, and escrow the money with a trusted third party. It doesn't work that way. Just like poker, the huge fish often sets the rules of the game. If you tell Lindgren he has to pay up front to play in your fantasy league, he simply won't play. Your choice is to either play under his terms and hope you eventually get paid, or pass up his dead fantasy money. Most people chose the former.

Of course, now the Full Tilt gravy train has been derailed. This greatly changes things. Prior to April, 2011, Erick would (and did) pay his debts, provided you aggressively (but not TOO aggressively) prodded him. All it took was him having a good gambling month, and with $250k rolling in every 30 days, he had a lot of shots to run up the money. Now Erick is broke and has no income. He won't have any income. I think you can probably kiss any money he owes you goodbye, unless he binks a big tournament.

For those wondering how he can play the LAPC Main Event or semi-high-stakes NL cash games, it's most likely not his money. Erick is still both a good poker player and an A-list poker name. I'm sure he has no problem getting staked.

Even if he's not staked (which I believe he is), if he's down to his last, say, 50k, but owes $1 million combined to various people, he can't give you his last 50k. I mean, he can, but he won't. He sees that case money as his ammo to get himself out of the hole. I can totally feel for you guys being pissed when you see him entering $10k events while owing you $2800 and dodging you for months. Unfortunately, he probably owes 20 other guys the same $2800, plus many others a lot more, and you are no one special. You don't deserve to get paid ahead of anyone else.

With all of that said, while I'm sure some people were misled about Lindgren's financial status, a lot of the people crying foul knew very well what they were dealing with. They let Lindgren play fantasy on credit because he sucked at it, knowing full well that getting him to pay might be tough. You took a calculated risk and lost. This doesn't excuse Erick's actions, but most people in his fantasy leagues knew exactly what they were signing up for. The ones I truly feel sorry for are the ones who honestly didn't know, and thought Lindgren was solid as the Rock of Gibraltar.

The big Full Tilt distributions really ruined some people. Lindgren and Ivey are the first ones that come to mind. They developed some terrible gambling and money management habits, figuring that large sums of money would continue rolling in forever. Now theyr'e like addicts suffering from major withdrawal.

This, exactly.

sharpyetblunt · 03-02-2012, 02:26 PM

Erica sure knows how to pick em.

bigj0e03 · 03-02-2012, 02:34 PM

Can someone put a link to the Inissint thread?

EmpireMaker2 · 03-02-2012, 03:08 PM

The big question did he even set his lineup every week?

Inyaface · 03-02-2012, 03:27 PM

Lindgren should be eating ramen and living in a box until he has paid everyone back in full. I could see being a bit more understanding when he had X hundred thousand dollars coming in per month from FTP and it was a matter of waiting for your turn to get paid.

Chances are he wont liquidate assets. I mean why would he want to! He probably likes his house and his cars. It's not enough that he was gifted a few million a year from being in the right place at the right time and has apparently continually squandered it but now he is probably going to go broke chasing losses to pay people back who won't see a dime. Or he runs good and everyone will get paid but people probably shouldn't hold there breath waiting for that to happen.

This is of course all based on what his perceived financial situation is. If he happens to have a few mil in gold stored away and just needs to get around to taking some bars to the pawn shop so he can write some 3k cheques then I apologize for my assumptions.

There is a 2p2er who was pretty stone broke and owed 40-50k out from sports bets he shouldn't have made. He has far from the same reputation to uphold as Lindgren and I believe has paid back everyone in full a few hundred at a time while I'm sure taking a big hit to his standard of living.

I don't want to say everyone in poker is a scumbag since there are still some people who will do the right thing even under tough circumstances but the list of good guys seems to be a lot shorter these days.

"Dumping"KGB · 03-02-2012, 03:41 PM

Quote:

Originally Posted by EmpireMaker2

The big question did he even set his lineup every week?

Yes, he fought hard weekly and had the best team for a while in the biggest league, but got hit with injuries.

Stinger88 · 03-02-2012, 03:58 PM

Pretty sad to see this, hopefully Erick pays people back ASAP at this point.

bigj0e03 · 03-02-2012, 04:13 PM

Is there a thread about MIke "Inissint" Glasser on 2+2? He was the commissioner of the league and sent everyone he owed a blanket email claiming to be broke, and unlike Erick, he won't even respond to phone calls or emails

Mrnton · 03-02-2012, 04:16 PM

Quote:

Originally Posted by stewball

It's surprising that a guy with such a great demeanor and mind for the game of poker, and a guy who comes off as very respectable and intelligent would be this much of a degen. Don't judge a book by it's cover i guess, but this one actually did surprise me quite a bit.

+1

I always enjoyed watching him on tv. Thought he was fairly classy, and a good rep for the poker community.

ahh_snap · 03-02-2012, 04:22 PM

Quote:

Originally Posted by "Dumping"KGB

Yes, he fought hard weekly and had the best team for a while in the biggest league, but got hit with injuries.

He isn't nearly as bad as people are saying in this thread. Like KGB said, he had the best team in the biggest league for quite some time then just got brutalized by injuries.
-------------------------------------------------------------
I'm guessing he feels blindsided by this right now considering how in the past he's always paid in July. Its still possible that his plan was trying to delay payment out of inconvenience then trying to scam people. Now its Edog's chance to prove which it is. How he comes off in public long term hasn't been decided yet.

He can liquidate assets and pay back the $ and we can chalk it up to him trying not to have to inconvenience himself for as long as possible, and this will be all forgotten in a month, or he can welch and be considered a piece of **** human being and never get another sponsorship opportunity no matter what happens with US legislation etc.

kaj_kyle · 03-02-2012, 04:35 PM

+1 to what snaps said. His team in the 10k was very good at the end. I believe hes just waiting to receive money so he doesn't have to inconvenience himself in paying out. However, that really isn't an adequate excuse. I think he needs to explain and defend his non-committal actions. That email exchange is very similar to the ones I've had with him and it's been very frustrating to deal with.