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12-18-2018 , 06:40 PM
To be honest i was posting theses questions more as abstract questions for hypotetical player wanting join stable. I was not expecting getting them all answered publicly.

Anyway, good luck with stable and poker. I believe you are commited to making stable successful and helping people with their poker adventure, however i would recommend not caring that much about this small things and embrace that there will be some bad events happening during journey, especially during early stages.
For example: Taking early really small losses like this as learning costs how to run stable better and spending time what went into trying get back 50$ to focus on more +EV things like trying to get other players better, going over what went wrong and where maybe you made mistake, improve communication with players, improve leadership skills or whatever is most +EV at time.

Last edited by delfins; 12-18-2018 at 07:09 PM.
**NEGATIVE Feedback Thread (for Marketplace and all Subforums)** Quote
12-19-2018 , 07:15 PM
Quote:
Originally Posted by LFGStaking
A lot of faulty claims in here:

-First Hrovje was referred to us and didn't go through our selection process which is our own mistake, that's something we won't deny.
-He was treated more unfairly which partially semi true
-Another faulty claim and actually a lie is that we didn't provide any programs? We never said you'll get any program from us
Yes, those claims definitely qualify as faulty.
**NEGATIVE Feedback Thread (for Marketplace and all Subforums)** Quote
12-21-2018 , 10:56 AM
I will preface this by saying I did not read the details of the above situation, but the poster 2 posts above this brings up a topic that is common in the backing industry, and one that will apply to an extent to the two players I have to unfortunately write about in this post.

Why worry about the small losses? Just take them, and move onto more +EV choices. Why look bad posting over $xxxx. Well, the answer is a bit more complex than the question.

First, what is a “small” loss? Is it an absolute amount, like $50 or $100, or is it a relative amount (the two guys I have to write about each took $800-$1,000 after making us several times that amount). A suggestion of a minimum loss required for this thread is reasonable, but what would it be then?

Second, and more importantly, posts like what I am about to do are a warning to other backers to avoid a person who is capable of stealing their money. The last post I did in this thread a while ago was for only 200 bucks, and that was a much clearer case where that human had simply chosen a life of petty crime (he just took the money, and ran). Know what came right after my post? A post by someone else saying “yeah, he stole from us also before you.” That would have certainly been nice to know, and if we had not posted our post then the likelihood is that that small time criminal who would turn Medusa to stone if he looked at her, would have stolen from another backer in the future. Our post, despite it being for a “small amount” helped prevent that, and that is the purpose of this thread.


Anyway, onto the holiday themed post, in which 2 players unfortunately joined the naughty list, while one from way in the past got on the nice list.

Naughty #1:


Name: Marcin Czeczko
Stars user name: profChaos780 (Poland)
Emails: monmarcin@gmail.com
Skype: profChaos780

This one frustrates me a lot, because I genuinely like this person, and his retro approach to the game (minimal math fundamentals, heavy feel based approach). He is a very unique person, and talking to him is an experience that few can appreciate or even understand. However, behind his very correct user name is someone who has some goals and with a lot of help to his mental game approach, he can be someone who becomes a winner, even if his base game becomes more and more outdated with the changing technological needs of the industry to compete.

We worked with him quite a while, and he will always be remembered, because his personality certainly stands out. Unfortunately, he chose to end our deal in the absolute incorrect way, and while I am one who believes that behavior like this should be instantly reported (to warn other backers), I did try for some time to get him to see he was making a mistake, and work out a different way for it to go forward, so he could avoid following his gut on this choice.

He has a $1,000 bankroll provided by us. He was in makeup about $400-500 so there was $500 to $600 left in his account. One day, he woke up and sent me the following message:

500$ and something that are left at my account I treat as tip for my efforts. A bonus from you, and I am pretty sure you will agree I deserved it as you seem to be just man. and I seriously belive you that after consideration you would like to offer it to me by yourself.

In case you don't agree with that I am bit concerned you gonna publicly call me a liar and thief and will try to destroy my opinion in poker community. But I am pretty sure I am not a thief and never stole a penny from anyone. We both know that you made great investment that profited around 1200% which is due to sharscope about 6000$
So keep that in mind please. And I belive that after carefull consideration you gonna come to the same conclusion as me that I do not deserve negative feedback.

My point of view is as follow: you transfered to me 500$ and I paid you back approximatelly 12x more. I am not really sure how much though I got all my reports from our cooperation with sceenshots proving that I did.


Let me be clear, I am not directly calling him a “thief and liar,” but in the end he took our bankroll money ($1,000) without permission, and his further offers were variations of
- He will use the money, without our consent, and grind for months
- If he wins he will eventually send us back $500

Is essentially holding our money hostage in a take it or leave it offer.

Unfortunately, as a few days passed, his chat became worse and worse, as he decided to embrace nearly every behavior routine of a person who knows he stole money, but tries very hard to rationalize it away. This included the following series:

- He claimed makeup is not a fair concept for a stake (despite it being obviously fair and a needed component of a deal like this).

- He claimed the contract did not talk about a player leaving in makeup (it does, I cut and paste it for him).

- He claimed that even though the concept makeup was explained in the handbook he received, he never signed the handbook (this one was actually a new one, as nobody had ever said that before, so good job surprising us).

- He finally went where most in his position go – he suggested he was going to pay back the money, but after being upset with our chat, he was no longer going to pay back anything.

Now, the last one is something I have talked about in many of my posts here, because that form of passive-aggressive manipulation is attempted all the time by people who did what he did. Unfortunately, some backers still cling to hope that a person will pay them back if they treat them nicer or if they do not post. That is a false belief. Once a person says something like the above, they are openly declaring that they never had any intention of paying back anything, and behavior like that is hard wired into a person, so when you see it once, you can assume it will happen all the time in similar situations.

In fact, we just very recently discovered (pretty much as this was falling apart) that he has a history of this type of behavior. We did not catch this when we were talking to him and chose to back him, and we likely would have passed on him if we had seen it at the time.

https://pl.pokerstrategy.com/forum/t...hreadid=468071

He then concluded his passage through the “Thieving for Dummies” handbook by saying the following:

I am not a thief. I just want compensation for what I think was wrong with my deal from the beginning.” (apparent justification for taking our money in his mind).

I's say good luck to but this would mean good luck in scamming another naive poker player, so I won't.” (apparently, we are scamming him at this point as he sits there with our money, which also is a new claim in this type of situation).

Despite all of this, I suggested to him multiple times that he copy and show our entire skype chat to people he knows in the industry to get their feedback, because I really wanted him to avoid making this mistake, because truth be told - I had a soft spot for him (until the I was going to pay you back nonsense), and I would have really preferred not to have to post about him. However, he will 100% repeat this behavior with other backers, so this has to be posted to warn them. Realistically, he may still be a viable investment for other backers, but they just need to factor in that he will eventually end up here with them, so if they have luck early then they could still net make some money before that happens.

If he pays us back some of our money in the future, which is obviously doubtful, I will update the post accordingly.



Naughty #2

Name: Alex Balcells Gustems
Stars user name: balsareny88 (Malta)
Emails: alexbalci69@hotmail.com
Skype: live:alexbalci69

Similar in that this player made us quite a bit more than the $800 he eventually took, but how he got there is quite different.

The first time we backed this player, he was a nightmare to deal with as a human, and we ended the deal with a bit of makeup, having made a sliver of profit net. Months later he came back and he talked about how he changed a lot of aspects of his life, to live a healthier one, both physically and mentally. He was genuine in that, so we worked with him again, and indeed he was much easier to work with, however hints of the past person would appear once in a while.

A lot of people will ask why someone who has beaten poker for a long time needs backing, and this is a good example of how a backing relationship can work. Alex needed a massive amount of life coaching and structure, that he openly acknowledged he lacked the discipline to provide for himself. This applied both to game selection, and to his choices outside the poker table with his funds.

We set up a proper schedule, and when he followed it he thrived. We strongly suggested that he allow us to hold some of his funds for him after he had a nice score, because historically he had no money a week later, regardless of if he took out $100 profit or $3,000 profit the week before. Eventually he explained to us that he owed some loan sharks money (10% monthly interest, nice…), so we tried to work with that to be sure he could have funds to pay the monthly interest as well as work toward paying off the actual loan. He did that with one score with our help, but his last score (in which he registered for an incorrect game while drunk, and initially lied by saying it was a misclick), he insisted on taking out the $2,500 or so.

We knew this was a bad idea, but we will not hold back money from a player if it is theirs. He did send us our share, and then he cashed out his $2,500 or so, and within 2 days it was gone to drinking, food and live gambling. He still owed the loan sharks money and that payment was going to be due soon. It was very frustrating to watch, but to an extent players who have issues like this need constant help, because the intrinsic human reaction is to return to the old habits.

We took a few days off this to let him settle down (he actually wanted to try to play on his own, though we knew that would not last long). When he came back we gave a reduced bankroll ($800) and a lowered schedule (against weaker opponents for a few weeks) with the goal being to make the money he needed to pay off the goons, and we would help if variance did not go his way.

Alas, two days in is when he told us that all of the money was gone (he had lost only $100ish in poker), and the story told was that he shared an email with his brother, and his brother got access to his account and gambled it up, and deposited some more to chase the losses and etc etc etc.

These stories are almost never accurate, and we never received an audit to verify any of it (ie: the chase losses deposits). Even if he was telling the truth, that meant his account was compromised at this point. A week later he told us his account was now frozen.

An unfortunate ending for both of these players, as I genuinely believe that each could have done well in this industry with the proper help and guidance. Unlike the gorgon who stole $200 from us that I posted of months ago (which – I genuinely do not care what cardboard box he eventually sleeps in), I do hope these two guys work out their issues and have a good life, regardless of whether they pay back the money they stole from us or not.


The Nice:

This industry is an interesting one, and this is an update to a post I made just over 6 years ago during the holiday season of 2012.
https://forumserver.twoplustwo.com/s...postcount=1972

Pop Mihai Florin actually contacted us and paid us back a small amount, with future payments coming as well. He even said he found his negative feedback amusing when he saw it.

We wish Pop a happy future, and to all a happy holiday season!
**NEGATIVE Feedback Thread (for Marketplace and all Subforums)** Quote
12-25-2018 , 02:30 AM
[QUOTE=Monteroy;54606468]

- He claimed makeup is not a fair concept for a stake (despite it being obviously fair and a needed component of a deal like this).

- He claimed the contract did not talk about a player leaving in makeup (it does, I cut and paste it for him).

- He claimed that even though the concept makeup was explained in the handbook he received, he never signed the handbook (this one was actually a new one, as nobody had ever said that before, so good job surprising us).

- He finally went where most in his position go – he suggested he was going to pay back the money, but after being upset with our chat, he was no longer going to pay back anything.

QUOTE]

I was playing for Global Staking (GS) for about 6 months. They provided me with 500$ stake and I turned it into more than $ 12 000. Global Staking always received their share in profit without any delay. My roll was increased up to 1000$ after few weeks. I was in profit every month we worked together. I had many occasions to steal from them if I ever wanted, but each time all the profits were immediately sent to GS. I was also offered reload several times when my roll shrinked down to 100-150$ and refused each time, last time I was offered reload it was few days before Gary published this post above.

The reason for my dispute with Gary Monteroy and the reason I decided to part our ways was the difference in understanding what is make up.
It all begun one day I was having HU with a reg from my stakes. Gary railed me and asked on Skype to call this player a thief. I did not do that. I was too busy at the time but very next day I asked Gary what did he mean. He said that guy stole some money from GS. Next time I met player in question I sent him greetings from Gary and called him a thief. I only did that because I wanted his version of the story. What I learned from this player was basically this: It costs a lot of money to terminate a deal with GS because the interpretation of make up GS is using in their advantage.

Their definition of make up is as follow: if you ever bust a roll in your account, the roll you got at the moment to work with - then you are in make up. Doesn't matter that during agreement you earned much more for them. They want you to make up each time you bust stake you got to work with and after each reload.

I couldn't accept that. I would never engage in any deal with them If I knew that. For me player is in make up only in one case: if he lost more money of his stackers than he won for them.

I was looking for definitions of make up online and any of them implies that you are in make when you got small operational loss after months of consecutive winning. Loss that is much smaller then your previous profits paid to the stakers doesn't oblige player to make up. I guess every jury on this planet would agree on that.

When I realized that definition of make up GS use is very different from what I understand under this term I wanted to terminate our cooperation as soon as possible.
First action I took was asking Global Staking for letting me buy back half of shares they got on me. I asked Gary to sell me 50%. HE answered that this is possible but to buy 50% of me I will have to sent them ... 1300$. 500$ to pay for share and 800$ will go "for escrow".

So let me resume: all I ever got from GS was 500$ they transferred to me at the beginning. Later I was told to keep some profits to increase stake up to 1k. I turned it into 12k. I was in profit all the time. I didn't cost them a lot, all I took from GS were two coaching sessions with one of their coaches, that's all. I never accepted offer of reload. And now I was asked to pay $1300 to buy back half of my stake...

Leaving GS seems much more difficult than entering into deal with them.

At this point I was frustrated with my situation in GS. I was ready to quit after first reasonably big win that would let me to buy my shares back. Unfortunately at this point downswing begun. I was still in profit in November but it was very small and soon my stake felt under 1000$ which by their definition meant I was in make up and couldn't quit.

There were days when I had less $100 in stake and was asked to take reload several times but I refused (If I wanted steal their money wouldn't I accept reload they were offering me so many times in first place?).

Let me put it straight: I was allowed to play up to big $33 and $3.5R in 180man sngs and to do that I was provided with 1k stake.

GS knew perfectly that with that type of BRM I will bust my initial stake sooner than later, but guess that's what they wanted: to tie me with them because after each reload I would be in make up deeper and deeper (according to their unfair definition). And that's all they wanted. To turn me into "make up slave".

I realized that I stepped deep in the ****. I decided to leave GS immediately to prevent myself from stepping into that even deeper.

At this point my roll was around 550$
So I wrote to Gary, and yes I told him that their understanding of what is make up is very unfair and different from mine. I also stated that I consider the deal we made unfair. I told that they were trying to put me into disadvantage from very beginning. I also stated that for that reason I will keep remaining $500 as a bonus, a tip, a compensation or even a... make up or whatever they wanna call it. Of course I was expecting he won't agree but I was hoping that by starting with that little black mail I will at least prevent them from demanding their unfair "make up". In fact I didn't want to keep that $500. My stake was $1000 so I was down 500$ and that was my real goal: to avoid paying them back that another $500 their supposed "make up" Why would I ever risk negative feedback for $500 when I could steal 3000$ if I was thief for example when I won B$33 for GS? I was planning to pay this five hundred back and I stated that very clearly, asking Gary for negotiations and telling him "that we got options". And after few days of talks Gary finally agreed. No make up - he said - just pay back $500 and we are fine.


I believed in what he said and was ready to pay back. But then Gary started again to talk about make up and he told me that the definition of what they understand under this term is in the handbook they sent to me ( but all I signed was our agreement I did not sign any handbook, I did not even realized I was sent one). Also another guy from GS wrote to me. He was supposed to be my new coach since previous one left GS. This new coach told me that with my decision of quitting while in "make up"... I stole his money because he allegedly invested in me and bought percentage of my share for $300.

Interesting that they sold him share in my stake for $300 without even asking me, but when I wanted buy it myself they demanded huge escrow I couldn't pay.
Well that was too much. From this point I realized they will never let me go just like that. One second they were telling me they forget about "make up" only to tell me few minutes later that I am in make up in anyway. I realized I will recive negative feedback no matter what. Simply because this staking company doesn't want to play fair. Trusting them is a big mistake.
So at this point I wrote to Gary: That's it, end of the story "I am not going to send you a single penny". I was really pissed of.

Yes, I lost my temper. Yes, I was angry with the way they were playing with me and treating me after 6 months of successful cooperation. Maybe I should keep calm and continue negotiations. Maybe. But probably I would get negative feedback anyway.

In the end to support his negative feedback on me Gary tries to give impression that there are people who lost money staking me. He presents link to pokerstrategy forum. If you do not read in Polish: That's true that about 18 months ago I sold shares in my games to group of investors from polish pokerstrategy forum. I was running very bad and soon I lost not only their money but my own roll suffered heavy losses as well. Trying to recover I started to play games I was not supposed to play only to increase my loses. I felt that I need some time off from poker to clear my head so I took few weeks off not informing my stakers. I came back to tables one month later and after having first nice win I returned them full stake (4 weeks later than I was supposed to) even when I was in loss in games they bought and I wasn't obliged to make up. Plus some of them got extra 10% for their patience. If there is just one person from this group that did not receive their money back, then I am asking: please answer there.


That's it. Gary Monteroy would also got his 500$ and his extra if he just could let me quit without this spurious make up - I was in profit since the very first day of our cooperation how could I be into make up!!
But he refused.

I am simply not going to make up for Global Staking money that I didn't lost. But since that's the only option I was offered I prefer negative feedback. Maybe at least it will prevent some naive poker players from dealing with them.

Gary called me a thief. He did it only because I didn't let Global Staking to scam me. Be careful with what Gary says.
**NEGATIVE Feedback Thread (for Marketplace and all Subforums)** Quote
12-25-2018 , 02:54 AM
Quote:
Originally Posted by profChaos780



I was playing for Global Staking (GS) for about 6 months. They provided me with 500$ stake and I turned it into more than $ 12 000. Global Staking always received their share in profit without any delay. My roll was increased up to 1000$ after few weeks. I was in profit every month we worked together. I had many occasions to steal from them if I ever wanted, but each time all the profits were immediately sent to GS. I was also offered reload several times when my roll shrinked down to 100-150$ and refused each time, last time I was offered reload it was few days before Gary published this post above.

The reason for my dispute with Gary Monteroy and the reason I decided to part our ways was the difference in understanding what is make up.
It all begun one day I was having HU with a reg from my stakes. Gary railed me and asked on Skype to call this player a thief. I did not do that. I was too busy at the time but very next day I asked Gary what did he mean. He said that guy stole some money from GS. Next time I met player in question I sent him greetings from Gary and called him a thief. I only did that because I wanted his version of the story. What I learned from this player was basically this: It costs a lot of money to terminate a deal with GS because the interpretation of make up GS is using in their advantage.

Their definition of make up is as follow: if you ever bust a roll in your account, the roll you got at the moment to work with - then you are in make up. Doesn't matter that during agreement you earned much more for them. They want you to make up each time you bust stake you got to work with and after each reload.

I couldn't accept that. I would never engage in any deal with them If I knew that. For me player is in make up only in one case: if he lost more money of his stackers than he won for them.

I was looking for definitions of make up online and any of them implies that you are in make when you got small operational loss after months of consecutive winning. Loss that is much smaller then your previous profits paid to the stakers doesn't oblige player to make up. I guess every jury on this planet would agree on that.

When I realized that definition of make up GS use is very different from what I understand under this term I wanted to terminate our cooperation as soon as possible.
First action I took was asking Global Staking for letting me buy back half of shares they got on me. I asked Gary to sell me 50%. HE answered that this is possible but to buy 50% of me I will have to sent them ... 1300$. 500$ to pay for share and 800$ will go "for escrow".

So let me resume: all I ever got from GS was 500$ they transferred to me at the beginning. Later I was told to keep some profits to increase stake up to 1k. I turned it into 12k. I was in profit all the time. I didn't cost them a lot, all I took from GS were two coaching sessions with one of their coaches, that's all. I never accepted offer of reload. And now I was asked to pay $1300 to buy back half of my stake...

Leaving GS seems much more difficult than entering into deal with them.

At this point I was frustrated with my situation in GS. I was ready to quit after first reasonably big win that would let me to buy my shares back. Unfortunately at this point downswing begun. I was still in profit in November but it was very small and soon my stake felt under 1000$ which by their definition meant I was in make up and couldn't quit.

There were days when I had less $100 in stake and was asked to take reload several times but I refused (If I wanted steal their money wouldn't I accept reload they were offering me so many times in first place?).

Let me put it straight: I was allowed to play up to big $33 and $3.5R in 180man sngs and to do that I was provided with 1k stake.

GS knew perfectly that with that type of BRM I will bust my initial stake sooner than later, but guess that's what they wanted: to tie me with them because after each reload I would be in make up deeper and deeper (according to their unfair definition). And that's all they wanted. To turn me into "make up slave".

I realized that I stepped deep in the ****. I decided to leave GS immediately to prevent myself from stepping into that even deeper.

At this point my roll was around 550$
So I wrote to Gary, and yes I told him that their understanding of what is make up is very unfair and different from mine. I also stated that I consider the deal we made unfair. I told that they were trying to put me into disadvantage from very beginning. I also stated that for that reason I will keep remaining $500 as a bonus, a tip, a compensation or even a... make up or whatever they wanna call it. Of course I was expecting he won't agree but I was hoping that by starting with that little black mail I will at least prevent them from demanding their unfair "make up". In fact I didn't want to keep that $500. My stake was $1000 so I was down 500$ and that was my real goal: to avoid paying them back that another $500 their supposed "make up" Why would I ever risk negative feedback for $500 when I could steal 3000$ if I was thief for example when I won B$33 for GS? I was planning to pay this five hundred back and I stated that very clearly, asking Gary for negotiations and telling him "that we got options". And after few days of talks Gary finally agreed. No make up - he said - just pay back $500 and we are fine.


I believed in what he said and was ready to pay back. But then Gary started again to talk about make up and he told me that the definition of what they understand under this term is in the handbook they sent to me ( but all I signed was our agreement I did not sign any handbook, I did not even realized I was sent one). Also another guy from GS wrote to me. He was supposed to be my new coach since previous one left GS. This new coach told me that with my decision of quitting while in "make up"... I stole his money because he allegedly invested in me and bought percentage of my share for $300.

Interesting that they sold him share in my stake for $300 without even asking me, but when I wanted buy it myself they demanded huge escrow I couldn't pay.
Well that was too much. From this point I realized they will never let me go just like that. One second they were telling me they forget about "make up" only to tell me few minutes later that I am in make up in anyway. I realized I will recive negative feedback no matter what. Simply because this staking company doesn't want to play fair. Trusting them is a big mistake.
So at this point I wrote to Gary: That's it, end of the story "I am not going to send you a single penny". I was really pissed of.

Yes, I lost my temper. Yes, I was angry with the way they were playing with me and treating me after 6 months of successful cooperation. Maybe I should keep calm and continue negotiations. Maybe. But probably I would get negative feedback anyway.

In the end to support his negative feedback on me Gary tries to give impression that there are people who lost money staking me. He presents link to pokerstrategy forum. If you do not read in Polish: That's true that about 18 months ago I sold shares in my games to group of investors from polish pokerstrategy forum. I was running very bad and soon I lost not only their money but my own roll suffered heavy losses as well. Trying to recover I started to play games I was not supposed to play only to increase my loses. I felt that I need some time off from poker to clear my head so I took few weeks off not informing my stakers. I came back to tables one month later and after having first nice win I returned them full stake (4 weeks later than I was supposed to) even when I was in loss in games they bought and I wasn't obliged to make up. Plus some of them got extra 10% for their patience. If there is just one person from this group that did not receive their money back, then I am asking: please answer there.


That's it. Gary Monteroy would also got his 500$ and his extra if he just could let me quit without this spurious make up - I was in profit since the very first day of our cooperation how could I be into make up!!
But he refused.

I am simply not going to make up for Global Staking money that I didn't lost. But since that's the only option I was offered I prefer negative feedback. Maybe at least it will prevent some naive poker players from dealing with them.

Gary called me a thief. He did it only because I didn't let Global Staking to scam me. Be careful with what Gary says.
I can't believe I bothered reading all of that. You are quite literally a thief until you return their money. Your idiotic way of trying to define makeup in a way that retroactively benefits you is a joke. Stop trying to make up a bunch of bs to justify to yourself why you aren't stealing from them. Literally no one is going to tell you that you are in the right here. You agreed to a deal where you would split winnings at a certain %. Every time that you did a profit split you split the winnings at that % and the stake reset. You could have walked away and played on your own at these times if you wanted. Just because you net made them a profit doesn't make you not a thief. You have now profited more than your fair share of the profit because you STOLE it. They were not taking advantage of you and the fact that you didn't steal additional money earlier doesn't make you not a thief for stealing a smaller amount now. Stop being an idiot, become a better human being, return the money, and go on with your life.
**NEGATIVE Feedback Thread (for Marketplace and all Subforums)** Quote
12-25-2018 , 06:55 AM
@ProfChaos780

You certainly owe Monteroy the remaining balance that was in your account as well as the makeup figure. It doesn’t matter how much you’ve won for the backer your makeup is equal to the losses you’ve accumulated since the previous chop. No one is going to agree with your viewpoint that he owes you more than the agreed upon amount therefore you’re entitled to keep money that doesn’t belong to you. If you keep the money that is theft plain and simple.
**NEGATIVE Feedback Thread (for Marketplace and all Subforums)** Quote
12-25-2018 , 11:15 AM
I do not expect much support from members of poker industry there. Gary warned me that he will destroy my opinion in poker industry. He's got poeple who work for him who will try to calumniate and backstab me - I am aware of that. One of his houseboys certain wanderer_pro already does that on polish poker forums. And all I got to defend is my poor english. I do not expect people from industry will stand up to defend player like me. But I believe Global Staking is a scam and there are lot of comapnies like that.

All I am hoping to achive with that thread is to warn unexperienced players from engaging in deals like that.

Here is how the scam works. Let's you are a micro reg, struggling to build a roll.
- GS sign a deal with you and provides you with a small amount of money. lets say they will offer you 500$

- from that point you work for them. let's say your annual profit is around 30k $. you share fifty fifty, so got your 15k and GS will get their 15k. They will increase your roll slightly with their profits, lets say your roll is 1k

- but to achive that 15k profit you will certainly have to take few reloads from GS. it's impossible to play stakes you are allowed in your contarct with 1k, you are underrolled. i.e. reloads are inevitable

-all those reloads put you in make up

- lets say you had 5 reloads on your way. now your profit is 10k (15k - 5k) and GS still has their 15$, because 5k is what you owe them. It's a "make up"

You cannot terminate a deal because you are in make up for 5k even though overall you are in net profit and you made more money for GS then the acululated sum of your reloads. You turn into their slave.

This what I call a scam. This is the definition their of make up: you play, you work as hard as you can - and not only you do that but also you take all the financial risk from that deal on you. All you got from companies like GS is initial stake 500$ and that is all the risk they take. In return you gonna get from them few sessions with their coaches. But nothing for free, you will have to pay for it with hand histories ( I was made to sent to GS all my hh's, though I only had 2 coaching sessions in 6 months, and nobody told me what for they need that. What happens with these hands? How do they use them? Is there any money value of them?)

And they call it support, and they call Staking Company.
All I can call it is a scam.

And I am happy it's over for me. When I realized what I am up to I was only few hundred bucks in "make up". I refused to accept any ofthe reloads they offered me. I had to accept I am gonna get negative feedback to pay for freeing myself. But anyway I guess I got away very cheaply from that. Thanks to Gary who told me to call another player a thief. Thank you Gary.
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12-25-2018 , 03:08 PM
Quote:
Originally Posted by profChaos780
I do not expect much support from members of poker industry there. Gary warned me that he will destroy my opinion in poker industry. He's got poeple who work for him who will try to calumniate and backstab me - I am aware of that. One of his houseboys certain wanderer_pro already does that on polish poker forums. And all I got to defend is my poor english. I do not expect people from industry will stand up to defend player like me. But I believe Global Staking is a scam and there are lot of comapnies like that.



All I am hoping to achive with that thread is to warn unexperienced players from engaging in deals like that.



Here is how the scam works. Let's you are a micro reg, struggling to build a roll.

- GS sign a deal with you and provides you with a small amount of money. lets say they will offer you 500$



- from that point you work for them. let's say your annual profit is around 30k $. you share fifty fifty, so got your 15k and GS will get their 15k. They will increase your roll slightly with their profits, lets say your roll is 1k



- but to achive that 15k profit you will certainly have to take few reloads from GS. it's impossible to play stakes you are allowed in your contarct with 1k, you are underrolled. i.e. reloads are inevitable



-all those reloads put you in make up



- lets say you had 5 reloads on your way. now your profit is 10k (15k - 5k) and GS still has their 15$, because 5k is what you owe them. It's a "make up"



You cannot terminate a deal because you are in make up for 5k even though overall you are in net profit and you made more money for GS then the acululated sum of your reloads. You turn into their slave.



This what I call a scam. This is the definition their of make up: you play, you work as hard as you can - and not only you do that but also you take all the financial risk from that deal on you. All you got from companies like GS is initial stake 500$ and that is all the risk they take. In return you gonna get from them few sessions with their coaches. But nothing for free, you will have to pay for it with hand histories ( I was made to sent to GS all my hh's, though I only had 2 coaching sessions in 6 months, and nobody told me what for they need that. What happens with these hands? How do they use them? Is there any money value of them?)



And they call it support, and they call Staking Company.

All I can call it is a scam.



And I am happy it's over for me. When I realized what I am up to I was only few hundred bucks in "make up". I refused to accept any ofthe reloads they offered me. I had to accept I am gonna get negative feedback to pay for freeing myself. But anyway I guess I got away very cheaply from that. Thanks to Gary who told me to call another player a thief. Thank you Gary.


Everything you said about the deal you had is completely standard. The money in your possession does not belong to you.
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12-25-2018 , 10:35 PM
Quote:
Originally Posted by profChaos780
I do not expect much support from members of poker industry there. Gary warned me that he will destroy my opinion in poker industry. He's got poeple who work for him who will try to calumniate and backstab me - I am aware of that. One of his houseboys certain wanderer_pro already does that on polish poker forums. And all I got to defend is my poor english. I do not expect people from industry will stand up to defend player like me. But I believe Global Staking is a scam and there are lot of comapnies like that.

All I am hoping to achive with that thread is to warn unexperienced players from engaging in deals like that.

Here is how the scam works. Let's you are a micro reg, struggling to build a roll.
- GS sign a deal with you and provides you with a small amount of money. lets say they will offer you 500$

- from that point you work for them. let's say your annual profit is around 30k $. you share fifty fifty, so got your 15k and GS will get their 15k. They will increase your roll slightly with their profits, lets say your roll is 1k

- but to achive that 15k profit you will certainly have to take few reloads from GS. it's impossible to play stakes you are allowed in your contarct with 1k, you are underrolled. i.e. reloads are inevitable

-all those reloads put you in make up

- lets say you had 5 reloads on your way. now your profit is 10k (15k - 5k) and GS still has their 15$, because 5k is what you owe them. It's a "make up"

You cannot terminate a deal because you are in make up for 5k even though overall you are in net profit and you made more money for GS then the acululated sum of your reloads. You turn into their slave.

This what I call a scam. This is the definition their of make up: you play, you work as hard as you can - and not only you do that but also you take all the financial risk from that deal on you. All you got from companies like GS is initial stake 500$ and that is all the risk they take. In return you gonna get from them few sessions with their coaches. But nothing for free, you will have to pay for it with hand histories ( I was made to sent to GS all my hh's, though I only had 2 coaching sessions in 6 months, and nobody told me what for they need that. What happens with these hands? How do they use them? Is there any money value of them?)

And they call it support, and they call Staking Company.
All I can call it is a scam.

And I am happy it's over for me. When I realized what I am up to I was only few hundred bucks in "make up". I refused to accept any ofthe reloads they offered me. I had to accept I am gonna get negative feedback to pay for freeing myself. But anyway I guess I got away very cheaply from that. Thanks to Gary who told me to call another player a thief. Thank you Gary.
All you did was repeat exactly what you wrote before. I have no clue about global staking's business or how they run it. Whether or not you agree with how staking deals work doesn't matter. You are just justifying to yourself why it's okay for you to steal money. In your example you described how global staking is still up 5k on the deal if you split 30k profit (15k each) and then lose 10k. But just look at your same exact example from your end. You made a deal for 50/50 profits and now you are leaving the deal in makeup which is leaving them with a 5k total profit and you are leaving with 15k profit. This is why there is makeup and you aren't allowed to leave in makeup. They aren't doing anything wrong to you, you are stealing from them. You have now profited way more in this deal than is fair and than you agreed to going into it. How do you explain how you should end up profiting 15k in that scenario when they end up profiting 5k? It is a two sided transaction. You chose to get staked to give you an opportunity to make money you otherwise wouldn't have had the chance to make because you didn't have the bankroll. They took a financial risk staking you (obv a bad one in this case since you are a thief). Mutually beneficial relationship. If you didn't want to be backed and split your profits than you should have gotten a job and saved up your own bankroll instead of using their money.
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12-26-2018 , 01:20 AM
if monteroy told you to call that guy a thief thats pretty bad.. but thats about it.

if you have a 50/50 deal...
1k roll bust 5 times.. you get that 30k score. would it not work out to be.. pay 5k back first. split 25k (12.5/12.5) and then reset to 1k



so if you are down 500 and still have a 500 roll. yes you owe that 500

this would be different if monteroy made up the wording... but the sad fact is you acknowledge his words were 100% correct.... which is the definition of a thief.
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12-26-2018 , 04:35 AM
Quote:
Originally Posted by MasterOfPoo8
if monteroy told you to call that guy a thief thats pretty bad.. but thats about it.
Yeah, I thought this would be bad (if true) as well, and not really something I would ever do, so given he made such a big deal of it multiple times, I looked up the chat he was talking about, and found it from early October, and I will cut and paste it in its entirety here, with the only edit being xxxxxing out the user name of the other player (already did a neg feedback on him). Ready for the whole chat? Here it is.

[10/7/2018 8:10:58 PM] Gary (Monteroy): please win this $2 180 man, the opponent is someone who stole money from us (xxxxxx) :O
[10/8/2018 1:09:27 AM] Mariano Milano - profChaos780: sry, that was not my day for flips. I'll get this sonofabitch next time


Yup, that is it. There is no other mention of this player in my lifetime history chat with him again.

The rest of the chat after that later in the day was my helping him write an email to Stars to get compensation for some disconnects, and that is something I do often for people I work with, and have done it for people on these forums, because I know that handling situations in a calm, professional manner always yields the best results.

Now, back to the chat that apparently changed his world, we both used silly emoticons, because it was a silly throwaway comment and reply. I had no idea that this interaction would leave a lingering impact on his psyche, and as to how he believes he received specific commands to call that player a thief - I can only assume it involved a form of telepathy at this point.

As I mentioned, I had no real interest in posting about him, and made many attempts to get him to understand why he was making a mistake. Despite his unusual protestations, the staking deal itself and situation are, as others have noted, very simple and standard. His bizarre takes of how things work, including apparently a world renowned team of “houseboys” at my disposal, is a mental reality that he alone chooses to live in, and as such he can continue with it in 2019, and see how he does.

I will also take this time to point out that only 1-2% of players I have dealt with end up on this thread, and as much as people make fun of this industry that does show that the vast number of those in it are decent individuals who work well together in a way that is mutually beneficial (within the rules of the industry). I am happy to be a part of that, and I look forward to continued success in 2019.
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12-27-2018 , 12:13 AM
The way makeup works is to ensure a fair 50/50 split of profits. So if you win 10k, and chop that 5k/5k, and then lose 2k you have a 3k/5k split of profits (3k for the backer and 5k for you the horse). Hence 2k makeup. This is also why a standard buyout clause is 50% because that would lead to a 4k/4k split of profits. Actually the situation quite nicely favours the horse because they are either going to have 50% of the profits or, in the case of a downswing, have more than 50% of the profits and have accrued some makeup. The ideal that you can simply bail on your backer after a big downswing while you have accrued a lot of makeup simply because they have still made some profit is absurd.
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12-29-2018 , 11:28 PM
Quote:
Originally Posted by PokerPlayingGamble
The way makeup works is to ensure a fair 50/50 split of profits. So if you win 10k, and chop that 5k/5k, and then lose 2k you have a 3k/5k split of profits (3k for the backer and 5k for you the horse). Hence 2k makeup. This is also why a standard buyout clause is 50% because that would lead to a 4k/4k split of profits. Actually the situation quite nicely favours the horse because they are either going to have 50% of the profits or, in the case of a downswing, have more than 50% of the profits and have accrued some makeup. The ideal that you can simply bail on your backer after a big downswing while you have accrued a lot of makeup simply because they have still made some profit is absurd.
Good post except for the “quite nicely favours the horse” part.
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12-30-2018 , 10:03 AM
It's pretty encouraging that a horse with such an apparently terrible understanding of basic maths can still beat the games in late 2018
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01-04-2019 , 08:23 AM
Name: Fernando Gustavo Figueiredo
Stars: Nandinhorj31
888: KK_nando_AA
Party: Sagat_RJ

Fernando joined us in May and has an agreement that does not permit playing off-stake games. We recently conducted an audit and found him playing off-stake games that were impossible to think were included in our stake. Hypers, rebuys, non-NLHE games, sites we don't stake him for.

We decided to part ways with Fernando and asked he return the cash he held and set up a repayment plan for makeup as he's breach our agreement and we can no longer stake him under these circumstances. He agreed.

We have not received our cash, he's blocked himself on sharkscope, and is no longer replying to any of our communication attempts via Skype, Email, and Facebook.
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01-05-2019 , 10:07 PM
Quote:
Originally Posted by gi1985
Name: Andrew Derek Taylor
- wiisssppppaa on PS -

Hello, Ive been staking Andrew since mid April this year. He joined my stable after we both made a deal with his old backer how we will make this deal work. At first everything was fine even tho he had hard time to follow few simple rules of mine ( to make a rail daily, to post fot a reload on time etc etc.. really small rules ). He played regulary tho. Sometimes mid June he just disappeared for a few weeks. When he finaly reached to me he left me msg on skype that he is on a vacation and will be back in a few days. That was very suspicious but i waited. Then he came clean and said he got banned on PS due some investigation on his and his friends account and also lost staking funds on poker888 ( ~4.5K$ ) playing cash games drunk after one night out too. Obv cash games werent in our deal. Since he was well know and respected member of the community i decided to give him a chance to fix his mistake if he gets unbanned from PS which he did eventualy. Once again everything looked fine, he played regularly but not long after started to slacking once again. He wud just play weekends and be gone during the week. When i asked him what is going on he said he is in financial problems and will need to quit playing poker unless i keep loaning him till he gets out of the hole. I didnt want to loan him anymore but also didnt want to ruin his dream of being poker player so i offered a solution. I wud cut his MU down from 32K to 0 and take much better profit cut in future till he cover dropped MU that way which he and the old backer who have interests in this deal both agreed. His first session was this last Sunday and he won and asked for a split. Since he finished his session very late i red that request in the morning and told my admin to do it for us. At the time only rail Andrew did was for PS. Admin told me that he sent 500$ to someone and when i asked to who he said he swapped for 888 which was fine but since he didnt make a rail for 888 too i didnt know so i cudnt make a split and told him that since i dont know his "endroll" and thing he already started new session i CANT do split ( not dont want to , just cant ) when he went nuts, first being sarcastic then started calling me "****" and sayin that he wud break me at half if im near him etc so i decided its enough and drop him. He did send remaining funds back. Posting all this just to warn u all that hes not reliable and in tough spot where he is ready to make bad decisions and possibly scam somebody. And alo owe me loan and owe to his old backer.

I also have issues with him now, he is ignoring me whilst owing me funds and punting in HU hypers and 2k MTTs!
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01-06-2019 , 07:39 AM
1) 2+2 screen name - ChinaStaking.

2) PokerMaster and other chinese rooms.

3) Skype - jason1353820, skrill - hzb13538204411@gmail.com, name on skrill - zebin huang.

4) I already created theme on gipsyteam (russian 2+2) and post on 2+2.

For over a year, I collaborated with a Chinese affiliate. He sent money within 24 hours; there were no problems with this. But now he has not sent me a little more than $28k for a month and a half. After I said that I will not play from him, he ignores anyone who asks about me.

Also with this affilate cooperating H2N and shows advertising on the site with a deposit guarantee. They refused to remove this advertisement, despite the great pressure of the Russian community on GipsyTeam.

You can read more in the post that I wrote yesterday.
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01-07-2019 , 12:19 PM
Pokerstars : Tom_poker_NL
Party:Tom_poker_NL

We had a problem with Tom where he owed us funds. He's fully repaid us.

Last edited by Bobo Fett; 02-06-2019 at 06:18 PM. Reason: Poster requested.
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01-07-2019 , 01:26 PM
Small addition to my previous post re: profChaos780, and his random mentioning of wanderer_pro. I have never spoken to that person, but a partner in our company has, and his only contact with us was a warning about Chaos by coincidence about a week before Chaos decided to one day wake up and declare he was going to clown school. None of us saw that one coming. Turns out his warning was correct, but in no way should wanderer_pro be associated with this staking deal other his willingness to offer some advice about this player. Looks like Chaos (who has not been here in a while) has completed his 7 stages of rationalization quickly and has now accepted his role as a thief and moved on with that new reality.

As well we have a new person to write about, and his story is less amusing. He stole money from the stake to fund an addiction to non poker gambling games. He has essentially no money, though he has promised to pay back $30 a month for 2019 to help offset some of his theft. He did send back what was in his account (about 250) when confronted with the information, and he was honest about his issues at that time, though clearly was not before that time.

I have suggested to him a few times that he should quit all forms of gambling, but that type of advice is rarely followed, despite it being valid. We ended it a couple days ago, and he snap put up some daily small packages on the selling online stake forum (we posted a warning in one of them, when we saw it). He indicated to me that he paid his investors, but we have no way of verifying that.


Anyway the information is

Name: Dirk Recknagel
Stars user name: Quentin73
Email: dirk.recknagel@hotmail.de
Skype: live:dirk.recknagel
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01-08-2019 , 10:24 AM
Name : Mads Pedersen
Country : Denmark
skype : mads.p1
email : madsmpederseen@gmail.com
Pokerstars : MadsMP
Party : Scouts326 and MadsMP-_
Ipoker :BiggestNitAround and s1rsjarles

We started working with Mads Pedersen / MadsMp in May 2016. We had continuous issues with Mads not being able to follow his buyin limits. Mads then took $8.2k and used it to play $500 HU SNGs for himself. It did not go well.

We came to an agreement where he'd coach players and play much lower once he had settled some personal issues. Since that agreement MadsMp has shown himself completely unreliable in terms of coaching and working off his debt. He's broken several other parameters of the agreement as well.

Mads Pedersen has also been very unresponsive to communications as we try to work out a mutually agreeable deal to get this situation resolved and for both parties to move on.

We would strongly advise everyone to avoid working with Mads Pedersen in any capacity.
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01-11-2019 , 05:44 PM
Quote:
Originally Posted by r00BBee1991
can t believe all those scammers and i can t find a stable wtf
Try Standard Backing. From what I see at the tables they back everyone with a screen and a mouse.
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01-15-2019 , 08:52 AM
Quote:
Originally Posted by Suhlm2
Name: Zi Jung
ACR: LeggoPoker1
True: MayaNormusHughJass
Amount: $500 unpaid in a Paypal for P2P deal

Basically Zi and I had been "friends" and he wanted help loading money on the site so he paypal me $750 but it sent as an echeck. The funds had not been cleared into my acct, but he insisted I send and we had done several smaller deals so I did. The echeck was taking weeks so we agreed to cancel and he'd resend normal way. He sent me $350(stating hed send rest when echeck returned), of which he asked me to send him $100 P2P and I said ok

Then he stopped returning my messages, dodging my phone call, and so I sent him a message saying I think youre scamming me. Now this set him off on a tirade where he absolutely lost it and now is refusing to send me the $ owed. He's gone so far as to blast stuff I had told him as friends about my personal life when I see him at tables. Just thought I'd post this here to warn others and see if possibly anyone knows Zi and could help reason with him. This is obv a cliff notes cersion of it and I'd be more than willing to provide all screenshots from both skype and text.
Zi has begun communications with me and is paying the money back. It was a misunderstanding in a lot of ways that led to the fall out and ensuing non payment. I believe this has been sorted and the op can be deleted.
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01-17-2019 , 05:20 AM
Skype : Mind2spain
Pokerstars : Mrmiksmaster
2+2 username: sinkamentos

Owes me money from a loan, but has gone MIA after making small payments.
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01-23-2019 , 06:16 PM
Name : Antonio Garcia
Country : Venezuela
skype : ajgar_84
email : ajgar_84@hotmail.com
Pokerstars : ajgar_84
Owes: $1.2k

Asked him to return our $1.2k roll and he's admitted withdrawing it.
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01-23-2019 , 06:21 PM
Name : Ally, can't find surname - will update
Country : Romania
skype : aly_boy_stelistu06
email : Can't find email - will update
Pokerstars : @l1n93
Owes: $400


Asked him to return our $400 roll and he's admitted withdrawing it.
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