Quote:
Originally Posted by JimmyAggassi
that's because the tournament is not meant to be chopped. i don't see what is wrong with that. if you don't trust the other person don't chop.
the best thing casinos do is not let you talk about a chop at the table because it interferes with play.
My initial comment in this thread was only in response to someone who said you could use Form 5754 to chop without risk or need for written agreements to mitigate risk to explain why you can not do that.
Though you did earlier say that it was legal to do private deals and now you are saying this tournament is not meant to be chopped.
Also, it is not only this tournament for which Caesars will not accept Form 5754. They will not accept it for anything. They are supposed to, but don't.
EDIT:
And people do business deals with people they don't 100% trust, or even necessarily know much, all the time. Things are put in writing. There are deposits. Security interests. Etc. though, yes, much of this would not work terribly well in this situation, but you could sign an agreement that you could sue on.
I wouldn't advise splitting up 10 million to 20 million dollars that a 3rd party will pay out without regard to any split agreement without some well written agreements, even if you do trust the other person/people.