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Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT*

01-28-2014 , 03:53 PM
To catch the cheaters all that really matters is when the fake chips went from someones pocket to the table. This may of happened when the cheaters changed tables. The cheaters left one table with X amount of chips. Then the cheaters arrived at another table with more chips. Multiple cheaters probally know each other. The cheaters will end up ratting each other out.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 03:56 PM
1st post so obv will get no credibility....

just wondering why do people think the final 27 should chop remaining pp? why not top 50, 100, or the whole 450 who cashed? Just becuz it just so happens to be 27 left when they suspend/cancel ? Doesn't make sense or seem fair imo. Also assuming Borgata faces fines/penalties I doubt very much they pay out 1 penny more than original prizepool. I also doubt most that busted would bother suing for $560. I know I'm not unless it's some sort of class action suit that is easily joined at no cost to me.
This is jmo so far but I am open to argument so flame away...
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:04 PM
Cameras in harrahs hallways aren't very good. Or not even there if I remember.

Borgata will make it right refunds can be found day of spring open first event so it comes right back to them.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:06 PM
in 2009, Borgata's profit was around $4million

in 2014, in A.C., it is not going to be that much more, i would guess maybe $5 to
6million profit

anyway, out of those miniscule millions (based on what they spend to make that & the profits of the other casinos operated by the owner of the Borgata), how much do you think was created by poker?

the exact number does not matter because it is not enough for Borgata to voluntarily refund any Event 1 players' money
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:08 PM
Quote:
Originally Posted by DRKStar
blue,

Exactly. I would expect them to go review the tapes at Harrahs as well.

That post from that justbecause guy has me thinking there are multiple people involved and maybe the guy under arrest is part of them but not necessarily the main culprit. That post was very cryptic. Maybe he bought the chips, brought them, people took them from him, he used some, but others used them as well and he was not aware of it. Lots of speculation to be had.

They should be going over hours of security tapes like you said to see if he spoke with people, who he took the elevator with, got out of a cab with, etc.
I'm sure their most definitely doing this but the question is, why would they want the results of this investigation made public?

A wide reaching conspiracy that shows more/all entrants were compromised is exactly what they wouldn't want. To much to lose. 2.2 mil off the top but also w/ NJ launching online poker and trying to be the legit base of operations for the world, the absolute last thing they want is to show widespread criminal activity in the states largest casino. Borgata accounts for roughly 25% of all AC casino revenue. They need this to be shown as one bad actor and for him to get crucified.

Think about the cost implications for the industry as a whole if they would be forced to refund everyone. The powers to be are going to protect the big money, big tax revenue stream in this spot, not the people. Gaming boards, state reps, casino operators, courts, press, PR firms, will all work together to make sure they preserve what they have and limit liability.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:10 PM
Quote:
Originally Posted by Jetlag
1st post so obv will get no credibility....

just wondering why do people think the final 27 should chop remaining pp? why not top 50, 100, or the whole 450 who cashed? Just becuz it just so happens to be 27 left when they suspend/cancel ? Doesn't make sense or seem fair imo. Also assuming Borgata faces fines/penalties I doubt very much they pay out 1 penny more than original prizepool. I also doubt most that busted would bother suing for $560. I know I'm not unless it's some sort of class action suit that is easily joined at no cost to me.
This is jmo so far but I am open to argument so flame away...
You gonna chase down 400 people?

It's a big mess.. interesting what happens next.. I wonder, is there an precedence for this elsewhere? Introducing chips?

Question is.. as far as the payout rules are written.. does it matter WHY the tourney is canceled, only that it could not be completed? If so, it's chip % for those still in it.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:15 PM
Quote:
Originally Posted by CSFurious
in 2009, Borgata's profit was around $4million

in 2014, in A.C., it is not going to be that much more, i would guess maybe $5 to
6million profit

anyway, out of those miniscule millions (based on what they spend to make that & the profits of the other casinos operated by the owner of the Borgata), how much do you think was created by poker?

the exact number does not matter because it is not enough for Borgata to voluntarily refund any Event 1 players' money
Borgata makes a lot more then 4-6million a year your very wrong
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:22 PM
Borgata did not cheat any one, The cheaters added less than one percent of extra chips to the tournament. This amounts to about $20,000.00 of extra unpaid entry fees into a tournament with a prize pool of over $2,000,000.00. May be Borgata should add the extra $20,000.00 in entry fees into the prize pool.
Any player that lost their chips before cashing has no valid claim against Borgata.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:25 PM
Quote:
Originally Posted by CSFurious
in 2009, Borgata's profit was around $4million

in 2014, in A.C., it is not going to be that much more, i would guess maybe $5 to
6million profit

anyway, out of those miniscule millions (based on what they spend to make that & the profits of the other casinos operated by the owner of the Borgata), how much do you think was created by poker?

the exact number does not matter because it is not enough for Borgata to voluntarily refund any Event 1 players' money
you forgot to had a zero after your numbers
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:26 PM
Quote:
Originally Posted by CSFurious
in 2009, Borgata's profit was around $4million

in 2014, in A.C., it is not going to be that much more, i would guess maybe $5 to
6million profit

anyway, out of those miniscule millions (based on what they spend to make that & the profits of the other casinos operated by the owner of the Borgata), how much do you think was created by poker?

the exact number does not matter because it is not enough for Borgata to voluntarily refund any Event 1 players' money
The Borgata turned a profit of $119.6 million in 2012.

http://www.pressofatlanticcity.com/n...0158fd597.html
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:26 PM
Quote:
Originally Posted by ChipKatcher
Cameras in harrahs hallways aren't very good. Or not even there if I remember.

Borgata will make it right refunds can be found day of spring open first event so it comes right back to them.
I can tell you that I went to court and tried to get camera footage from AC CZR which owns Harrahs and my lawyer was told they didn't have the tapes. There was/are to this day 4 cameras at the corner where I wanted the footage from and couldn't get it.

The reason I was given was that they didn't have room to store it and disposed of them after an unspecified time. Obviously in today's world the idea that they have some huge vault of VHS tapes is laughable. The point is they release their surveillance on their terms, if and when it suits their agenda.

Don't be surprised if somehow, even though every inch of their property is recorded 24/7, they have nothing of consequence on camera to release to the public.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:29 PM
Matt Savage mentioned on a podcast that he follows the forums.

Matt, how about a new TDA rule that players cannot bag their own chips. Let dealers and/or floor count and bag. Will take a few more minutes, but eliminates an obvious problem area.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:30 PM
Quote:
Originally Posted by blue3715
You gonna chase down 400 people?

It's a big mess.. interesting what happens next.. I wonder, is there an precedence for this elsewhere? Introducing chips?

Question is.. as far as the payout rules are written.. does it matter WHY the tourney is canceled, only that it could not be completed? If so, it's chip % for those still in it.
Agree with 1st bold, disagree with 2nd...

Also isn't it very easy to contact any of the players thru info taken when getting a Borgata card?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:36 PM
Quote:
Originally Posted by DRKStar
What are the chances that casinos change their payout rules going forward. NO PAYOUTS until the COMPLETION of the tourney?

Make the entrants complete a form and they payout via electronic transfer or check?
none. especially if the tourney last multiple days and the final table is placed on its on day.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:38 PM
Quote:
Originally Posted by JEG2234
I was just told that one of the top 27 .... Xxx
Any player that lost their chips before cashing has no valid claim against Borgata.
Wow what blunt show of selfish thinking here.

Players who are left (27) they thinks no one but they should get all the remaining prize pool.

Players with high chip count thinks they should be awarded as per chip count.

Players with lower chip count thinks it should be equal chop.

Players who played day 1c thinks players who played 1a and 1b should not be refunded.

Players who did not played this tourney thinks no one should get any thing because it will hurt Borgata and there will be no more big tourney offered.

Those who are not players thinks all the money now should go to social projects.

Any one els has any more suggestions ?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:42 PM
Quote:
Originally Posted by riverph7
Wow what blunt show of selfish thinking here.

Players who are left (27) they thinks no one but they should get all the remaining prize pool.

Players with high chip count thinks they should be awarded as per chip count.

Players with lower chip count thinks it should be equal chop.

Players who played day 1c thinks players who played 1a and 1b should not be refunded.

Players who did not played this tourney thinks no one should get any thing because it will hurt Borgata and there will be no more big tourney offered.

Those who are not players thinks all the money now should go to social projects.

Any one else has any more suggestions ?
very good.. don't forget.. the players who lost 4 hours of their life traveling want their 4 hours back...
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:42 PM
What are odds that if Lusardi had any cohorts they are still at Borgata and in Day 2 of ME? Would they be that dumb?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:42 PM
Quote:
Originally Posted by Larry_Laffer
Thanks. Reading through now. What a douche.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:42 PM
Quote:
Originally Posted by roller000
what is missing here is didn't a floor person have to count his chips to verify he was chip leader for the day before he bagged up
great point. This def needs to be addressed by the Borgata, Tab and his staff.

It is possible that his accomplices traded him good chips for bad chips after the final break of the night if they knew he was close to the chip lead. I can't imagine his chips getting counted and somebody in charge not noticing, unless they just counted his stacks and didnt cut the chips.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:45 PM
Quote:
Originally Posted by Leinad
Borgata did not cheat any one, The cheaters added less than one percent of extra chips to the tournament. This amounts to about $20,000.00 of extra unpaid entry fees into a tournament with a prize pool of over $2,000,000.00. May be Borgata should add the extra $20,000.00 in entry fees into the prize pool.
Any player that lost their chips before cashing has no valid claim against Borgata.
Did borgata provide proper security? Chris lusardi had 500k in chips or something how many did he knock out? How many re entered because he knocked them out due to fake chips? And they re entered and knocked other people out it's a big mess. Where do you stop why should final 27 get more then the other cashers? Maybe someone won chips that shouldn't be in play and next hand they knock someone out who they now had covered my a large majority due to fake chips. It's more then 20k in chips he most likely wasn't adding 5k chips when he had over a million in chips he peaked at 1.9 million and 800k-1.1 million in fakes were in the tournament he didn't introduce them all.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:45 PM
Quote:
Originally Posted by DRKStar
If a cheater introduces 25K worth of fake chips into his stack when he already has 800,000K, its insignificant.

Lets say he ads 25K worth of chips when he should have had only 30K, so now he has 55K, and someone who had 40K calls his bet and loses. Player is now out, as opposed to still being in if the cheater had 30K. The cheaters stack CLEARLY affects the strategies of those involved at his table. Lots of unknowns here, and things for lawyers to sort out.

Maybe this situation further ads to the argument that poker is a game of skill in the end?
Does not matter how many fake chips they have. Once you win the fake chips they become just as valuable as real chips to you.
So for the player it does not matter if you win real or fake chips.
If you win you win and if you lose you lose.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:46 PM
Quote:
Originally Posted by Guyra
great point. This def needs to be addressed by the Borgata, Tab and his staff.

It is possible that his accomplices traded him good chips for bad chips after the final break of the night if they knew he was close to the chip lead. I can't imagine his chips getting counted and somebody in charge not noticing, unless they just counted his stacks and didnt cut the chips.
I believe tad counted them himself.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:48 PM
Quote:
Originally Posted by pokervangelist
What are odds that if Lusardi had any cohorts they are still at Borgata and in Day 2 of ME? Would they be that dumb?
Odds are they were hanging around, railing the event. After all they were probably expecting a cut.

what matters if they stayed in the same room, or you can show video of them handling the chips/handing them to Lusardi. Otherwise evidence will be tough.

Love to sit in court during that trial.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:48 PM
Quote:
Originally Posted by Leinad
Does not matter how many fake chips they have. Once you win the fake chips they become just as valuable as real chips to you.
So for the player it does not matter if you win real or fake chips.
If you win you win and if you lose you lose.
Fake chips can't stay in play they are fake so they aren't chips. If I win a fake black chip in a cash game isn't it as valuable as a real black chip no. You need to re think your logic that is promoting cheating
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-28-2014 , 04:49 PM
Quote:
Originally Posted by blue3715
Odds are they were hanging around, railing the event. After all they were probably expecting a cut.

what matters if they stayed in the same room, or you can show video of them handling the chips/handing them to Lusardi. Otherwise evidence will be tough.

Love to sit in court during that trial.
Everyone needs to realize video footage in the event center and around it is most likely very primitive because usually money isn't going through there .
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote

      
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