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12-19-2012 , 11:34 AM
Quote:
Originally Posted by hoodskier
I used to buy/sell quite a bit of action in the marketplace, I'll arbitrate if you want.
That's good I'll take it. I don't know hoodskier never had any interaction with him.

How do we do this? (I'm still on the mountain so it's going to be hard to reply.)
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12-19-2012 , 11:46 AM
EDIT: nvm he is accepting arbitration...good job busto
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12-19-2012 , 12:49 PM
Quote:
Originally Posted by busto23
That's good I'll take it. I don't know hoodskier never had any interaction with him.

How do we do this? (I'm still on the mountain so it's going to be hard to reply.)
Sounds good. I'll PM hoodskier and see if he's still up to the task. I'd imagine he'll simply look through the thread and contact us if he wants/needs more info, then can make a judgement as to settlement (if any)
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12-19-2012 , 12:53 PM
Val,

Congrats on the series. Let's just let hoodskier make his decision and we'll be done with all of this debate.
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12-19-2012 , 02:16 PM
I respect how both parties ended this thread and I hope whatever hoodskier decides that both parties feel that was fair

Cheers
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12-19-2012 , 02:36 PM
Congrats Val on the win, Dan is a 2p2 mp reg as well and Im glad you agree with arbirtation. Hope this gets sorted out.
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12-19-2012 , 02:43 PM
I know standard is to arbitrate and the decision go one way or the other, but honestly I see both ppl involved where at fault with the confusion and a compromise of 2% of the action seems fair. I just don't see why busto didn't ever post in the thread and say he never sent so his action isn't booked after the package started(way before he did). I mean, if you send PMs to someone, then you certainly had time time to update the situation in the thread. I also don't know why notontilt didn't post in thread saying I am still sending this money ASAP, etc. or send the money to busto before he actually did send. Gl solving this situation.

Jmo
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12-19-2012 , 03:50 PM
+1 to mjcace.

As a 20 year litigation lawyer who doesn't know either of these parties but has been following this thread from the beginning, it seems to me that a compromise was reached when Dan insisted and Val agreed that 4% would go to charity, which Val did pay (albeit approx. $32 short) when $400 was donated by him to the Sandy Hook victims. Thus Arbitration (one side wins and one side loses) is moot and unnecessary, and Mediation (the parties settle and no one is right or wrong or happy) was basically achieved and already performed.

My 2 cents is that neither side was intending to angle the other and that both were well-intentioned. Rather, there was poor communication from both + after-the-fact ego comments that escalated this far longer than needed. Dan was wrong and should not have assumed that, for someone he does not know and has never done business with before, it would be ok to wait until the package had significantly started before sending the $$. That may be ok for long time acquaintances and even friends of friends, but not for a first time transaction with a complete stranger. Val, on the other hand, will hopefully learn to include language in future MP packages, which I see quite often in other packages, that simply states "if I don't know you personally, you're not booked until I confirm the action in this thread" and/or "funds must be received before first event starts." Feel free to cut and paste because these simple words would have avoided this entire scenario.

Anyway, as I see it, other than maybe the $32 short fall, you all should move past this and no need for Arbitration. It probably does not need to be said, but under no scenario do I see any type of ban (short term or otherwise) as being appropriate for Val.

Good luck and happy holidays to both of you.
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12-19-2012 , 05:24 PM
I've been following this thread and wanted to throw in my .02 as someone who depends on the marketplace to sell action and wants to see it run as smoothly and efficiently as possible. I don't know either parties personally but am friends with people who know both.

I do honestly feel Val may have felt he was getting freerolled, although based on some friends I have talked to that know Dan well, I believe there was 0% chance he was attempting any type of angle or freeroll. Both parties screwed up pretty bad in communication. There is no reason why Val shouldn't have posted itt that there was no action, just as much as there is no reason Dan should have forgotten to pay on time. That being said, I do think the onus is on the seller, in this marketplace, to ensure all of his ducks are in a row in order to avoid this kind of problem. I would never allow myself to have begun a package without knowing full well who had a piece. My response would have been to send a message to Dan before event 1 thanking him for looking to invest, but canceling any action.. I have sold action that I wasn't paid in time for, but it was always with an agreement and I made sure I had some documentation of it. I also think Val responded to the situation very poorly, which was probably a big reason why the tide turned against him. But I don't think, in anyway, that a mp ban would be fair. Anyway, just my opinion on the subject for what it's worth. Hope it gets worked out.

Congrats, by the way, on the ring and Casino Champion! See you in New Orleans.
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12-19-2012 , 05:50 PM
Who the **** is this 'notontilt09' ...never heard of him....both as bad as each other...will happily arbitrate...bring back the internet.
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12-19-2012 , 07:16 PM
PMed both parties with Skype contact info.

edit: For the record, I do not know either party and I don't believe I've ever done business with either of them but I'm not 100% sure on that.

Last edited by hoodskier; 12-19-2012 at 07:23 PM.
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12-19-2012 , 07:53 PM
gl guys, glad val has agreed to this, and I def agree that no matter what the verdict is he should not be banned from MP
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12-19-2012 , 08:15 PM
hoodskier is a good choice for this.

think hood should read the thread, than chat with both guys in a skype chat to see if they want to argue their point a bit and then go from there. in a real aribtration, the money in question should be escrowed so the arbitrators decision is final/will be carried out
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12-19-2012 , 08:56 PM
Quote:
Originally Posted by Zima421
hoodskier is a good choice for this.

think hood should read the thread, than chat with both guys in a skype chat to see if they want to argue their point a bit and then go from there. in a real aribtration, the money in question should be escrowed so the arbitrators decision is final/will be carried out
I agree with this, although it's less practical if one or both parties are US based.

I have read the thread once, I will re-read every post prior to the discussion as well as review all of the communication (PMs, Skype, AIM, etc.) between notontilt09 and busto23.
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12-21-2012 , 05:41 PM
Quote:
Originally Posted by Zima421
in a real aribtration, the money in question should be escrowed so the arbitrators decision is final/will be carried out
I think it's clear that if I agreed to arbitration I will respect the decision.

Quote:
Originally Posted by hoodskier
I have read the thread once, I will re-read every post prior to the discussion as well as review all of the communication (PMs, Skype, AIM, etc.) between notontilt09 and busto23.
I'll add you on Skype.
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12-21-2012 , 05:54 PM
As for the actual package, two cashes for $10,858 and $7,500 = $18,358.

I played #1, #2, #5, #6, #7, #10A, #11, #12 for $365 * 6 + $1,675 + $580 = $4,445, where as the initial total buyins reserved were $4,775 so a difference of $330 unused buyins @ 1.256 = $414.5 refund from those.

Therefore the total refund is $18,772.5

spfeifer22 3% $563
phoox 5% $939
jw123 20% $3754
winwin 2% $375
rrinker 5% $939
juicestain100 3% $563
private investors 8%

Will start sending the money today. I don't have paypal funds to cover but maybe one transaction so I will send Chase QP to everyone. PM me your full name and email address that you use with your online checking account to send the payments please.

Thanks for investing everyone, it was a great series!
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12-21-2012 , 06:39 PM
Received thank you!!! Great job!
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12-23-2012 , 06:01 PM
Quote:
Originally Posted by mcc3504
I def agree that no matter what the verdict is he should not be banned from MP
I have to disagree with this. No matter what decision the arbitrator comes to, there is no denying that one forum member tried to steal from another. A ban is the only appropriate response.

Allowing him to weasel out of his ban just because he was pressured into arbitration — just because he got caught — would be condoning of that attempt.

It took A LOT of pressure for him to agree to arbitration. It's sick.
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12-23-2012 , 06:20 PM
Quote:
Originally Posted by albedoa
I have to disagree with this. No matter what decision the arbitrator comes to, there is no denying that one forum member tried to steal from another. A ban is the only appropriate response.

Allowing him to weasel out of his ban just because he was pressured into arbitration — just because he got caught — would be condoning of that attempt.

It took A LOT of pressure for him to agree to arbitration. It's sick.
Unfortunately not everyone agrees with you and there are some people here who feel he was bullied into arbitration.
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12-23-2012 , 06:25 PM
Quote:
Originally Posted by albedoa
No matter what decision the arbitrator comes to, there is no denying that one forum member tried to steal from another. A ban is the only appropriate response. Allowing him to weasel out of his ban just because he was pressured into arbitration — just because he got caught — would be condoning of that attempt.
You are delusional, and I'm really sorry for you.

In other news sent all the money out, might take a few days to reach everyone with the holidays in affecting bank transfers.
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12-24-2012 , 04:55 AM
Quote:
Originally Posted by JPB383
Unfortunately not everyone agrees with you and there are some people here who feel he was bullied into arbitration.
Sure, bullied or pressured. Both words describe it accurately. I just happen to think it's a good thing that it happened, for the integrity of the MP.

Quote:
Originally Posted by busto23
You are delusional, and I'm really sorry for you.
Okay cool.
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12-24-2012 , 05:40 AM
What I mean is that it would have looked better on busto23 if he had submitted to arbitration not because he was bullied but because he knew it was the right thing to do. It should never have to come to bullying.

His actions from the first mention of a disagreement were at best bizarre. I'm fine with being the one who voices this sentiment, as I'm sure there are others who are thinking it.
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12-27-2012 , 04:16 PM
Quote:
Originally Posted by busto23
As for the actual package, two cashes for $10,858 and $7,500 = $18,358.

I played #1, #2, #5, #6, #7, #10A, #11, #12 for $365 * 6 + $1,675 + $580 = $4,445, where as the initial total buyins reserved were $4,775 so a difference of $330 unused buyins @ 1.256 = $414.5 refund from those.

Therefore the total refund is $18,772.5

spfeifer22 3% $563
phoox 5% $939
jw123 20% $3754
winwin 2% $375
rrinker 5% $939
juicestain100 3% $563
private investors 8%

Will start sending the money today. I don't have paypal funds to cover but maybe one transaction so I will send Chase QP to everyone. PM me your full name and email address that you use with your online checking account to send the payments please.

Thanks for investing everyone, it was a great series!
Received thanks! Congrats on the huge series, Val. Well done!
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12-28-2012 , 07:46 PM
Received, thank you.
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12-29-2012 , 11:05 AM
Since when is any business transaction complete without the transfer of money? Whatever the reasons, when I buy a piece of the package, I know I need to send funds before the start. Bust should have sent a note before the package started, but once it's started and no money was transferred from 2 parties that do not know each other,the action should be dead no matter what happens unless before a specific tournament starts busto would have agreed to take a smaller payment for the tourneys left. I don't think there was any intentional gaming here, but bottom line, there is no credit on 2 plus 2. Money is king. Glad busto did donate but I don't think he had to. 6 days before transferring funds after a package started, I don't think it matters what words transpired.

If you have ever done a lottery pool like 20 people going in to buy tickets for let's say a mega drawing, if your money is not collected when the tickets are purchased, your out.
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