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Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT*

02-08-2014 , 10:24 AM
Quote:
Originally Posted by ChipKatcher
It was I only towards jjlou because he said you can't prove if anyone benefited from counterfeit chips if they were in your stack at the final 27 you benefited no matter how they were earned
So, i lose 50k pot to lusardi and then win a 10k pot and he paid me with counterfeits, i benefited from the fake chips? If i didnt play a hand with him but he dumps 500k to my neighbor, i benefited?

Sounds as dumb as believing I deal cocaine bc i have a hundred dollar bill in my pocket with residue on it. Introducing fake chips is neg ev for all non cheating player regardless if they end up in your stack.

Last edited by jjjou812; 02-08-2014 at 10:34 AM.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 11:44 AM
Quote:
Originally Posted by mrdadio48
of course it would, next thing you know everytime theres a main event someone throws in a couple thousand in fake chips and everyone screams "refund" cant wait to see the future of poker if this happens.
cool, I'll let you bring in the fake chips, take the jail time, and let us get the freeroll

This idea that a refund is a dangerous precedent for poker is dumb imo
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 02:22 PM
Quote:
Originally Posted by pipes
cool, I'll let you bring in the fake chips, take the jail time, and let us get the freeroll

This idea that a refund is a dangerous precedent for poker is dumb imo
Its only dangerous if the casinos use this as a reason to double the rake or something similar.

Borgata has been one of the better places on rake over the years but they inch it up every year.

The more scary part is casinos already with close to 20 percent rake on 500 buy ins. Your almost reaching a point in those where the rake is too high for people to profit.

But realistically, it should be viewed as the first cheating scandal to cancel a major tournament out of many many run.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 02:37 PM
Quote:
Originally Posted by Hikertrash
Here's a solution where there are few.

You treat Lusardi's counterfeit chips as rebuy chips. Borgata adds the rebuy money to the prize pool. (ie T900,000/3000*$500=$150,000) Obviously, Lusardi's prize money is forfeited and everyone moves up one place.

Lusardi gets 5-10 and a lifetime ban.
Why not make him pay the money in restitution
Good solution
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 02:58 PM
Rake should be lower as buy in goes up! And it should NOT increase year over year. I think 10% is reasonable but 20% is way over the line.

I agree though, maximum punishment for all involved would be the best precedent to set! In don't believe Lusardi is alone but all involved should be made an example that cheating is not tolerated.

In the old days word would have already spread about how Lusardi was filled with lead and everyone would have flushed any fake chips still left in their possession.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 02:58 PM
Quote:
Originally Posted by Dubc923
I'm not sure why the focus is on day 1B? Those fake chips were in circulation throughout the entire tourney with the exception of 1A. I played in 1C and noticed one at my table early in the evening. Like most people I just figured it was new chips and the lighting in the convention center is a little dark as well. Didn't think anything of it at the time. But regardless the entire tourney was tainted. Resolution on this should not be partial. Everyone that did not take part in siphoning the chips should be refunded all their bullets fired. However I do see the other problems inclusive of the people who were already paid out, the 27 players left, the dealers that need to get paid, the potential complaints from out of state participants with regards to the extra expenses they had to dish out contrary to us in state participants. At the end of the day Borgata is going to have to eat it all IMO. This is the first time something like this has happened and they need to set a good precedence.
Enough with the flourescent chip comments. Those weren't the fakes!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 05:17 PM
Quote:
Originally Posted by doublejoker
Enough with the flourescent chip comments. Those weren't the fakes!
Ya, probably not too many people in the tourney played on a table with fake chips. They were less than 1 percent of the chips and only introduced by a few people at most.

The shiny chips most people had were the new 5k chips. I thought they were kind of weird but basically the same weight as the old ones just more silvery and shinier.

Basically, they were very new but definitely not fakes. The newer chips were mostly given to reentry players i think.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 06:02 PM
Quote:
Originally Posted by jjjou812
So, i lose 50k pot to lusardi and then win a 10k pot and he paid me with counterfeits, i benefited from the fake chips? If i didnt play a hand with him but he dumps 500k to my neighbor, i benefited?

Sounds as dumb as believing I deal cocaine bc i have a hundred dollar bill in my pocket with residue on it. Introducing fake chips is neg ev for all non cheating player regardless if they end up in your stack.
Besides playing against him if the chips are in your stack you benefited from someone else getting the chips and giving them to you. That's the only situation you don't benefit. After he's busted you benefited essentially by him giving you the chips to have. You really have no concept on this situation and just like protecting borgata when they screwed up big time.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 06:12 PM
It seems logical that it might be taking a while due to investigative concerns, and if the investigation were over, or close to locked up, some announcement might have been made by now.

It would obviously take longer the more people there are involved. We have mostly speculated about other players, but there could be dealers or staff involved, as well.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 07:44 PM
Quote:
Originally Posted by therealsaltydog
Refunding everyone would set a terrible precedent for future MTTs. IMO
As opposed to making everyone else just having to settle with losing all their buyins to a tainted tournement. Also the fact that this was going on for over 2 days until Borgata finally took action.

I understand that this was a huge field and it's tough for Borgata to control all aspects of the event however we were all investing a significant amount of money into this tourney and at the least we should expect a level playing field non inclusive of individual skillset, luck, etc.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 07:52 PM
Maybe a stupid reply from me here but ok.

Get all the players back, and replay hand by hand (which is not that hard since you only play 12hand/h) with 10 players a table this should work out. Sue the players who cheated & they are forced to play out chip/chop between the top 27-not including the cheaters)
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 07:53 PM
Quote:
Originally Posted by doublejoker
Enough with the flourescent chip comments. Those weren't the fakes!
I never said the chip I saw was fluorescent chief.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 08:00 PM
Quote:
Originally Posted by Dubc923
I never said the chip I saw was fluorescent chief.
relax, slugger
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 08:50 PM
Grunching, is the PPA involved in this on some level?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 09:19 PM
Quote:
Originally Posted by Dubc923
I never said the chip I saw was fluorescent chief.
Shiny, new whatever. Those weren't the fakes..... Chief.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 10:17 PM
Quote:
Originally Posted by ChipKatcher
Besides playing against him if the chips are in your stack you benefited from someone else getting the chips and giving them to you. That's the only situation you don't benefit. After he's busted you benefited essentially by him giving you the chips to have. You really have no concept on this situation and just like protecting borgata when they screwed up big time.
I definitely do not understand your contradictory statements about the magical benefits of winning counterfeit chips.

Most, if not all, of the tournaments I play, no one gives you chips. If i have to put chips at risk in a pot that i paid for against a bigger stack because he is adding counterfeit chips, i do not see how I benefit from getting his chips any more than winning paid for chips.

Lets do this like a 6th grader:

1. Give me the facts.
2. Explain why they are important to your thought process.
3. Tell me what conclusions you draw from these facts.

You keep saying i am protecting the Borgata. I am not, but i also have no knowledge of any act or omission so aggregious that they should be compensating the bustouts millions of dollars because some scumbag cheated and was caught. I also believe the 27 remaining players should not be punished to compensate the day one bustouts seeking a windfall recovery because of the cheating. I do not think it is fair or reasonable to give the remaining 27, 27th place money and give rebates to everyone else.

Unless you change from your historical behavior, I doubt you will respond with anything but your conclusionary statements that are tainted by your self interest in receiving a windfall recovery. Surprise me, please.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 12:15 AM
Why have none of the graphically talented posters ITT taken the opportunity to use this image of Lusardi as Palpatine, aka Darth Sidius?
http://www.pokernews.com/live-report...hips.75521.htm

It simply must be done.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 12:45 AM
lol I bet Tiffany is really proud of Lusardi.


"i did it for youuuu babe!"
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 12:51 AM
A little help Zom


Last edited by 46&2; 02-09-2014 at 01:08 AM. Reason: im not that good, im teaching myself
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 01:09 AM
Quote:
Originally Posted by jjjou812
I definitely do not understand your contradictory statements about the magical benefits of winning counterfeit chips.

Most, if not all, of the tournaments I play, no one gives you chips. If i have to put chips at risk in a pot that i paid for against a bigger stack because he is adding counterfeit chips, i do not see how I benefit from getting his chips any more than winning paid for chips.

Lets do this like a 6th grader:

1. Give me the facts.
2. Explain why they are important to your thought process.
3. Tell me what conclusions you draw from these facts.

You keep saying i am protecting the Borgata. I am not, but i also have no knowledge of any act or omission so aggregious that they should be compensating the bustouts millions of dollars because some scumbag cheated and was caught. I also believe the 27 remaining players should not be punished to compensate the day one bustouts seeking a windfall recovery because of the cheating. I do not think it is fair or reasonable to give the remaining 27, 27th place money and give rebates to everyone else.

Unless you change from your historical behavior, I doubt you will respond with anything but your conclusionary statements that are tainted by your self interest in receiving a windfall recovery. Surprise me, please.


Are the final 27 entitled to more money then 28 or 29 is the guy in 27th place getting a fair cut with a chip chop when he could of went on to win. Where as the man in 3rd gets tilted and loses. The final 27 are benefiting from extra chips because there's 800,000 chips that shouldn't be there. They benefited by lusardi
putting them into play.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 01:14 AM
Quote:
Originally Posted by jjjou812
I also believe the 27 remaining players should not be punished to compensate the day one bustouts seeking a windfall recovery because of the cheating.
.
Are you assuming its a zero-sum game between bust outs and final 27 ?

If so, what lead you to believe that ?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 02:07 AM
Quote:
Originally Posted by ZomBParadox
Why have none of the graphically talented posters ITT taken the opportunity to use this image of Lusardi as Palpatine, aka Darth Sidius?

It simply must be done.

Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 02:11 AM
1. Because the payouts made already are impossible/impractical to claw back. Second, by doing so they create another 400 potential claims.
2. No viable negligence theories against the Borgata given the known facts. Proximate cause problems and available legal defenses make defending the case cost effective for defendant.
3. A diverse group of potential plaintiffs with small damage claims from multiple states are difficult to manage. It may have to be a collective action vs a class action
4. No other source to pay damages i.e. No insurance covers this loss. Other defendant(s) are deadbeats.
5. Rake of 300k could be returned but i consider that coming out of borgs pocket. But why would they if it doesn't resolve all the claims?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 02:35 AM
When you enter poker tournaments at Borgota, is it required to show ID or a players card before being able to play? Or can anyone just pay and play and just verbally give them a John Smith name? (Of course someone could use a fake ID but just curious as to what is required)

Last edited by Edgelooker1; 02-09-2014 at 02:49 AM.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 03:48 AM
Quote:
Originally Posted by Edgelooker1
When you enter poker tournaments at Borgota, is it required to show ID or a players card before being able to play? Or can anyone just pay and play and just verbally give them a John Smith name? (Of course someone could use a fake ID but just curious as to what is required)
Just players card.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote

      
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