The Casino in London that holds the WSOP Europe events has just paid out a bad beat Jackpot that has been running from Feb 2010. Full details can be found here;
http://www.thecasinolsq.com/gaming/poker-tournaments/
The sums are easy
The total money in the Jackpot when paid out was £222,000 give or take a few hundred.
This was half the money they raked meaning the total money raked was £444,000.
So after the Jackpot is paid there is £222,00 to account for.
The
admin fee the Empire took was 15% of monies collected so £66,600.
They also paid out £150 a day in prizes which is roughly $45,000 as it ran for around 300 days.
Which leaves us with a figure of £110,400 accountable. Which is what the next BBJ fund is supposed to start at.
This is not the case. the new fund has started at £25,000.
So I an effort to find out where £84,600 of London poker players money had disappeared to I started this thread.
I will be happy to read the perfectly reasonable explanation that is to follow no doubt, or maybe they simply miscalculated and this will make them aware enough to maybe have another look, just in case.
The problem is that this has been posted on 2 other medias;
http://www.thehendonmob.com/forum/vi...=38025&start=0
http://www.facebook.com/profile.php?..._comment_reply
And they are stone walling. Simply refuse to comment.
I'm at a loss as to how to advice people to deal with this bar boycotting.
I'm also looking for a contact at Harrah's as they have an association if anyone can help
MLx
TheShanachie