Quote:
Originally Posted by Mikey_D
IMO give him a chance to state ITT exactly how he will go about things next time he sells action, before writing him off as a leopard never changing its spots.
The main issues last time IIRC were that he didn't seem very bothered about keeping in regular communication with backers, nor about timescales of making financial transactions back to them and showed a general contempt for his backers and their feelings after they had helped fund his comps. Possibly didn't give very timely updates on results either.
If he can set out a plan of how he would go about things next time in respect of all of the above areas then he deserves a second chance IMO and may in fact be a safer person to back than someone who is hardly known at all but has no known black marks against them, yet.
E.G.
* I will post images of all entry slips within x amount of time of entering the comp.
* I will post tournament updates/results at least every 24 hours.
* I will set out in advance the likely timescales to make payments back to backers.
etc, etc, etc.
Basically, just make yourself as attractive to backers as possible so that their risk is almost entirely limited to the actual results of the comps and so that their stress, anxiety and aggravation levels regarding updates, payments back to them and any other associated issues are as close to zero as possible.
Poker and gambling does some strange things to people's mind set and behaviour sometimes.
It was that he appeared to be acting immaturely and seemed to be acting entitled and dismissive, that was really what upset people, and wasn't IIRC an issue to do with monetary dishonesty.
thank you for your response and opinion.
Literally everything you have said is completely on point.
I agree, that some sort of 'standardised plan, I would use moving forward, would be more than appropriate. This would show that any investors who 'may have residing question marks', will have more clarity on where their money is and when it will be returned. And obviously something any reliable player would and should do anyhow.
In respect to the return of funds (relating to this action). It was in Spain and this did complicate/delay funds.
In respect to everything else, ie regarding 'lack of communication' this was almost non existent for almost a week I believe . As I suggested, there was never any ill intention, simply taking my privileges for granted and allowing unfortunate situations at the time, get the better of me. Thus neglecting to communicate with investors.
Quote "It was that he appeared to be acting immaturely and seemed to be acting entitled and dismissive, that was really what upset people" . end quote
This added fuel to the fire for sure. Going back and reading some of what I said, I was actually surprised as to the extent I went with some of my words.
You are right, gambling and losing money etc etc can lead to dangerous paths. Although as I mentioned, I take full responsibility and no excuses. I am simply stating the facts of what happened and why my attitudes are different and will be moving forward.
One of the original posts suggested it hasn't been enough time.. 20 months without playing much poker at all and actually having more time to reflect on past destructive behaviour, seems more than reasonable.
I have and am still paying for mistakes I made then and prior to this period. Anyone in the industry who knows me, knows I have paid the price and am still finishing the process of rectifying my life and attitudes. I could not be more honest.
It is good to know I have had at least one compassionate response so far and one that summarises the sequence of events (from my perspective)
ty