what the f was lindgren betting on to be able to burn through 10mil+? how long was ftp sending cheques to him for 250k every month? the number could be 2x/3x bigger than the 10mil i pulled out of my arse if it was a period of longer than 2-3 years.

its sad to see people get in the state he is, i have alot of sympathy for him, what people forget is the gambling world is a brutal one. The smart people will go to great lengths to make/exploit money from guys like lindgren, who have a gambling addiction, don't know when to stop, etc. Unforunately in the world of gambling the smart guys (who will always eventually end up with all your money) aren't ever seen/classed as scummy. It's only the ones who are already losing their families/jobs/houses/etc who can no longer afford to pay there debts on time due to their addiction.



hope erick sorts himself out as soon as possible and his family/friends stick with him.

No, I realize that but the amount($2800) is so paltry compared to what E-Dog and his buddies spend that it would seem to me someone would have given him that.

Also, love the quote from someone here(Brandon Adams) who says he was warned from Ivey among others about Lindgren's slow ability to pay back debts. Yeah Phil, when you're bringing in $900,000 a month from that scam company for doing nothing - IT'S EASY TO COMMENT ON OTHERS, ISN'T IT???

Here is the problem as DN has said. When you accrue debt you have no intent of paying unless it suits them well..

In addition to being accepted.

+1 this is the main issue how frikking stupid were these people screw up so much. These idiots had it all they had it all and it should have been very easy control it so i agree its so tilting just to think about but i dont feel bad for them they deserve all the hate they will get REST OF THERE LIFES.

+1. It can/probably will unfortunately stay "acceptable" in the "old school" world and should therefore make us "new school" bettors think twice.

There will be no downplaying or sugar coating. I obviously knew about your situation and agree completely that when it comes to handling debt he has a massive disconnect with logic, fairness, and responsibility. I'm actually glad you posted, and don't feel like you should be conflicted at all. I've had friends in the past who have succumbed to drugs, alcohol, and of course gambling, and sometimes a wake up call doesn't happen until they hit rock bottom.

Daniel, what about my couple of questions to you I asked in an earlier post??

Would you have given him the $2800 if he asked you or have you cut him off??

Are my suspicions right that he owes you a nice chunk of change as well??

Lastly, watching his behavior unfold on a thread as well as live, do you still consider him to be a really close friend??

I hope you can respond to this, thx

He could have in theory borrowed $2800 to pay this ONE guy back. But why would he? He owes hundreds of thousands of dollars to MULTIPLE people. Not to mention millions to uncle sam. He doesn't care about the randoms he owes relatively small amounts. I'd imagine the only people he made payments to and didn't completely screw around and ignore were people (who in his mind)who would possibly help him out again in the future.

The people who would just collect the money he owed and be done with him for good were and are not getting paid anytime soon if ever.

The $2800 guy was on or near the very bottom of the list of people who he "intended" to pay one day. LOL, until these threads. WP $2800 guy!

Stiffing on the paypal fee is just icing on the cake considering the circumstances.

This thread got me thinking that if (god willing) another poker boom (or mini-boom) happens alongside regulation in the U.S., it will be interesting to note the differences (or not) in attitudes towards things among the poker community. Lots of lessons have been learned in the last 6-12 months. I feel like there will be a whole helluva lot more life-nittery going on, but I could be wrong.

Dude I've played with him a few times and he is always ridiculously nice, and goes out of his way to acknowledge me when we see each other around randomly. Last summer he flagged me down and told me how proud of me he was for losing some weight. I've never seen him get out of line at the table ever. Obviously this is a massive character deficiency, but it doesn't mean he's a douchebag 100% of the time.

+1 to him being a genuinely friendly guy at the tables. I have nothing more to add.

Saw Voulgaris on High Stakes Poker. Dude was a (timid) boss. Solid person all around. Poker need more thinkers and less degens looking for thrills.

Thread title should be changed to "can't pay"

Being a nice, pleasant human being and being a complete degen when it comes to gambling and handling debts are not mutually exclusive categories.

I think it's problematic that these threads almost always involve castigating the offenders entire life/personality because of their conduct in specific areas. Being a human with flaws does not equal being an evil, reprehensible human being.

I think we should stick to condemning Erick for his behavior in regards to gambling and debt resolution, not his overall character. Not the least of which because the majority of people posting in this thread have no idea who Erick is other than what we see on TV and hear in stories.

http://forumserver.twoplustwo.com/29...-1-ft-1071945/

Did he really sell a share right before Black Friday?

If so where did it go? Does his wife have it on lockdown while he cries broke?

Agreed

I find these revelations about Erick to be disturbing and sad.

Is there anybody left in the poker world who makes an honest living (e.g., has a steady income and doesn't owe people money that he hasn't paid back on schedule)?

How about a professional poker player who has a decent credit rating (e.g., pays his taxes, makes his mortgage/rent payments on time, pays off his credit card balances monthly, and has a reasonable income-to-debt ratio)?

I feel that there are so many smart people who could've done so much better for themselves and the world by holding regular jobs instead of playing poker professionally.

It's disgusting that the the FTP owners were so degenerate that they basically gave away a surefire stream of income (that would've continued even after the DOJ came down on FTP) if they had just limited their withdrawals to funds taken legitimately through rake at their site instead of from funds deposited by players.

The rake at FTP alone was probably enough to pay all of the FTP owners an insanely high monthly income. Nevertheless, they had to dig into the player deposits as well.

RC

I think JP OSU hit the nail on the head, I've never met him but he seems like a really nice guy who just has a massive gambling problem. People should remember that addictions can make the best people do the worst things.

Yes there are thousands of pro poker players who you have never heard of who are financially secure

jesus. just read the whole thing. the post i made a while back about erick being the ****ing man was what i always thought. never dealt with him personally and i dont bet sports so i never heard about this side of him.

it kinda sickens me that people like haralabos were forced to avoid publically stating anything. I make a post glorifying a scumbag, and everyone else who actually knows what kind of person he is feels like they cant say anything because he may get pissed off at them and not pay or something.

haralabos should not be disgusted with himself at all because what he did was the normal response. pretty much everyone who is owed money in poker does the same thing. we tell people who may deal with him to be careful, but don't out him and ruin his reputation, especially when hes a well known respected guy like EL.

in hindsight, it surely was a mistake to not out him as the number of people he owed grew, and it was a mistake on my part to speak that strongly about someone I didnt really know past a "whats up man" or "ericks seems like a cool mother ****er" level. i feel bad if anyone did any money deals with him after reading my post and im sure haralabos feels bad about not speaking up publically for 6 years too. but the only person who should feel awful here is erick. what a piece of ****.

erick wasnt avoiding payment due to being lazy or needing to do invasive things to pay out. he was doing it because his reputation allowed him to owe people money at no interest for indefinite periods of time while he was out spending all of his own on whatever he wanted. taking advantage of your reputation in that way, even if you have full intention of "eventually" paying people off is just flat out a scumbag move.

the true test of someone's character is what they do when they have nothing. are they the kind of person who will rebuild himself and pay everyone back? or say **** the world i have nothing and run away from his problems. there are loads of degens out there that owe money but stay on top of it and pay people back when they get any money.

given what erick has done while he had lots of money coming in, it's a pretty safe bet what he will do now that he has nothing. i truly hope people do get their money back, and im very sorry if people dealt with him specifically because of how much dick sucking i was doing in my post about him a while back, but I suspect the vast majority of that money will never be seen again.

thank you haralabos and brandon for posting.

unreal thread.

**** all the "really nice guy" bull****. Most of you just think he was a nice guy because he looked like somebody you could have a beer and watch the game with.

Seems to me that's part of the act. If he was a douche all the time people wouldn't loan him money. So he's nice all the time to get good standing with people and earn their trust, then borrows.....steals....their money.

What a joke.

Poker Or Professional Poker Broke?

that's one theory, but if you actually do some research on addiction and how it affects people you'd see that the majority of people in this sort of situation are not acting out of malice.

i think, ultimately, the worst thing he did was lying. most people are willing to deal with you as long as you are open and honest. people don't want to be deceived (check's in the mail) and when they are is when the wheels come off.

majority of people are willing to work with you as long as you are honest. my guess is erick could have worked out a fairly passive payment plan and this would have kept things under wraps for a long time. its when he decided to start lying and be deceptive is when it all unraveled.