Open Side Menu Go to the Top
Register
Help with staking gone bad Help with staking gone bad

05-03-2020 , 09:04 PM
Hi, I was hoping I could get some advice on a staking situation gone bad. I’m going to keep details to a minimum and just very specific, if you think some sort of information is required please feel free to ask.

1)Stake was started last year.
2)Horse was in a terrible financial situation when the deal was made.
3)Horse specifically clarified that an Ev Loan is available.
4)Horse ran mostly bad, I believe all but 2 months required lifeloans in excess of what was made.
5)The contract had this specific wording in Re to the life loans: The staker will offer opportunity $1.5k loan per month as needed to cover life costs which will be added as MU.
6)Staker made a post in the discord channel saying that from now on if you want a lifeloan you must play a minimum of 100 pt4 hours in the month, hours will be reduced for good reasons such as holiday, illness, commitments etc
Horse never replied to said post to agree or disagree with it.
7) Staker made another post saying that Loans now will be calculated as a max of your ev for previous 3 months, so if you have 3k ev total you can have a $1k loan if needed, maxed out at $1.5k per month.
Horse never replied to said post to agree or disagree with it.
8) Staker pm’s horse 5 days after last post and says:
https://prnt.sc/sadqw0
9) Horse replies with some more detail about his situation, explaining he has no other ‘back up options’ And if he can’t survive from poker he will go back to his country where online poker is illegal along with what he sees as the options going forward. Says there seems to be 3 options... 1. Staker needs to keep offering Lifeloans and the horse will keep grinding it off,
2. Staker finishes contract right away, horse sends back money right away and that is that.
3. Horse finishes out the month, sends back whatever is in the account and that is the end.
Staker replies ‘You can have a 1,5k loan this month and we will se results end of month’
10) Horse replies with this roughly a week later, Staker agrees to those terms
https://prnt.sc/saduvm
11) Through the next month Horses computer dies, and has no other way of player, he is out for ½ the month, horse asks for $350 on top of normal lifeloan so he can pay to have the computer fixed. Staker agrees.
12) Horse asks for only part of the loan for the month before and staker agrees
https://prnt.sc/sadxuq
13) Horse request extra funds to top up roll as he was about to take out the $800 for lifeloan, Staker changes his mind
https://prnt.sc/sae0g9
14) Horse claims that the Staker has broken the contract as he agreed to pay horse the lifeloan and then reneged on it. Horse posts screen shots from where Staker agreed. Horse also says that the lifeloans as per the contract are turned into MakeUp and as the Staker broke the contract the horse is not required to pay that back.
This is the contract in full : https://prnt.sc/sae43a
15) Horse returned funds left in account the moment was asked and did a full audit.

Is horse correct?
Help with staking gone bad Quote
05-07-2020 , 09:09 PM
Anyone, any input at all please?
Help with staking gone bad Quote
05-08-2020 , 01:39 AM
I'm only replying because you PMed me; I hadn't planned on it because this is WAY outside of my area of expertise. I'm not much of a staking expert at the best of times, but when you add in all this stuff about life loans - honestly, I can't understand why either party wants to be part of a situation like this. Of course, that's easy to say in hindsight. It just seems like a recipe for disaster to be getting into a staking deal when the horse hasn't even got money to live on. IDK, perhaps this kind of thing isn't uncommon.

Anyway, I'm afraid that's completely unhelpful to you, sorry. I guess about my only thought is that it seems pretty shitty for the horse to be able to walk away with all of these "lifeloans" and not have to pay any of them back. Seems to set up all kinds of possibility of abuse. Now, whether that's an issue of poor agreement terms, or the horse going against the agreement, I don't think I have enough experience to say.
Help with staking gone bad Quote
07-12-2020 , 08:01 AM
This guy was outed and offered arbitration in a Mexico skype chat of current and ex poker players and other people, he refused this and 90% of people who responded to the evidence i provided were on my side. avoid this scammer at all possibilities, if need more evidence PM me
Help with staking gone bad Quote
10-02-2020 , 07:33 PM
Will (HUgrinder) you had a guy that was going around town trying to fight everyone, getting thrown in jail, making fb posts of how there are snipers on the roofs and that drug dealers are trying to get him, threatening to physically attack me and having attacked my roomie as one of the main voices for you in that skype group... So all though that might have seemed like a great place for you to try 'voice' a deal/arbitration, that went out the window quite quickly when physical violence was threatened.

You made a contract. You had in the contract 'A lifeloan is available when required for up to $1500 and the lifeloan is added to the MU amount'

You then broke the contract. Not sure what you want to arbitrate... The screen shots are provided. If you can provide any evidence of me agreeing to alter said contract I would love to see that, till then... Peace
Help with staking gone bad Quote
10-04-2020 , 02:39 PM
" if need more evidence PM me"

why cant you post it in this thread?
Help with staking gone bad Quote
10-04-2020 , 03:01 PM
Because this was all debated in the playa del carmen skype group chat, which nate is no longer a part of as he left after a vast majority of those who spoke on the incident i would say at least 12 people sided with me and one with nate, i dont have time atm to waste my time on this, even if it was arbitrated again, nate being the person he is would not honour that, all i am bothered with atm is protecting the community, i can give you a huge list of people who have had bad experiences with him, and also show how he has stole that money from me, when i have time i will reply more in detail if i find fitting
Help with staking gone bad Quote
10-05-2020 , 08:56 PM
that's interesting, let's see the contract
Help with staking gone bad Quote

      
m