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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*

02-07-2014 , 08:46 PM
Quote:
Originally Posted by pipes
All Day 1b should be refunded, period
So how does it work
If they busted out do they get one buy in or all bullets fired?
If they cashed, do they still get a refund? For all bullets fired? Where does the money come from? The Borgata or the prize pool?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-07-2014 , 08:59 PM
Quote:
Originally Posted by jjjou812
So how does it work
If they busted out do they get one buy in or all bullets fired?
If they cashed, do they still get a refund? For all bullets fired? Where does the money come from? The Borgata or the prize pool?
all bullets, all entries

paid by Borg (or any insurance for fraud)
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-07-2014 , 09:21 PM
anyone think the DGE now regrets using the word 'cancelled'? perhaps they had no other choice but the word might have been used somewhat capriciously. if a baseball p.r. person or a contract promoter says cancelled rather than suspended or postponed they have chosen their words carefully and know people's plans depend on them. here, as it was unprecedented, they might not have deliberated over the matter. obviously, if they said 'suspended' they might have a few more options in front of them now.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-07-2014 , 09:29 PM
Quote:
Originally Posted by pipes
All Day 1b should be refunded, period

Regarding the potential refunds of Day 1a and Day1c players, I think it depends on how clear the investigation is after the fact. And how much they divulge.

If they come back with some specifics and detail how Lusardi introduced all of his chips on that day, then I don't think day1a of day1c should get refunds. (I'm assuming Lusardi did not play on day 1a)

But if it's clear they don't know how 200 fake chips got in or don't divulge any details then I think everyone should get refunds.
why should anyone who played 1b(or any other day) that busted , never sat with Lusardi or changed tables or had new players get a refund? some tables can stay together most of the day with the same players. how did lusardi or the fake chips affect them?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-07-2014 , 09:45 PM
Quote:
Originally Posted by Jetlag
why should anyone who played 1b(or any other day) that busted , never sat with Lusardi or changed tables or had new players get a refund? some tables can stay together most of the day with the same players. how did lusardi or the fake chips affect them?
I was busted by Lusardi
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-07-2014 , 09:45 PM
Quote:
Originally Posted by pninwin
anyone think the DGE now regrets using the word 'cancelled'? perhaps they had no other choice but the word might have been used somewhat capriciously. if a baseball p.r. person or a contract promoter says cancelled rather than suspended or postponed they have chosen their words carefully and know people's plans depend on them. here, as it was unprecedented, they might not have deliberated over the matter. obviously, if they said 'suspended' they might have a few more options in front of them now.
why would they regret it? they did say suspend originally, then cancelled it. sucks but I doubt any of you 27 will see anything more than 27th place money but I'm not sure if that is unfair. I am very interested to see the outcome and the reasoning for it. good luck
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-07-2014 , 10:13 PM
Quote:
Originally Posted by Jetlag
why would they regret it? they did say suspend originally, then cancelled it. sucks but I doubt any of you 27 will see anything more than 27th place money but I'm not sure if that is unfair. I am very interested to see the outcome and the reasoning for it. good luck
"Cancelled " is the key word. Borgata can not touch the frozen prize money until NJDGE say so.But can refund or offer free roll or anything .
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-07-2014 , 10:23 PM
Quote:
Originally Posted by riverph7
"Cancelled " is the key word. Borgata can not touch the frozen prize money until NJDGE say so.But can refund or offer free roll or anything .
why would they offer anything until they know the outcome from NJDGE?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-07-2014 , 10:44 PM
Quote:
Originally Posted by Jetlag
why should anyone who played 1b(or any other day) that busted , never sat with Lusardi or changed tables or had new players get a refund? some tables can stay together most of the day with the same players. how did lusardi or the fake chips affect them?
ok, so the Borgata issues a statement...anyone that sat with Lusardi gets a refund...then 1,500 players run up and say they did

Borgata has no record of who played where and when

So all of Day 1b should be refunded, period

And if they say something like, "uh duh, we haven't found any accomplices for sure and don't know how the 200 chips got in and don't know for sure it was day 1b only"...then refund Day 1a and Day 1c too...of course they won't say that. But I'll take no further details or arrests as an equivalent of saying that exact thing.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-07-2014 , 10:58 PM
Quote:
Originally Posted by pipes

Borgata has no record of who played where and when
Of course they do. They have the buy ins and initial seating charts for each flight in their computer record, along with rebuys. I assume this is how they knew MTM only bought in twice.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-07-2014 , 11:25 PM
Quote:
Originally Posted by jjjou812
Of course they do. They have the buy ins and initial seating charts for each flight in their computer record, along with rebuys. I assume this is how they knew MTM only bought in twice.
woops, forgot about that obvious fact

but it doesn't change the outcome here imo...there is always busting and people moving tables

thus pay them all...they played straight up, pay them, pay them their money....
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 01:08 AM
I think the final 27 end up with 27th place money. And I think the dge will stand by that and say they got there at the benefit of counterfeit chips. Sucks but that's life. They use the savings repay refunds borgatas now magically out a lot less. If they go to court I don't see any judge really showing sympathy to someone who won over 5 grand. Can you prove your more deserving of a chip chop or cut more then 28th and 900th place man.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 01:57 AM
Well, the top 2 players have 10 mill in chips and the bottom five have an about 1 mil each, so yes some guys probably deserve more than 27th place. Bottom 9 get same amount, with the top 6 getting at least 10x the lowest remaining payouts.

Also, don't know what facts you are referring to when you say "they got there at the benefit of the counterfeit chips." Please elaborate. For all we/I know, the chipleader never even played with lusardi at the same table. Or he busted him.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 02:18 AM
Fyi: i did see an entry on someone's blog claiming inside information that a top 27 is being investigated as a co-conspirator. No facts, just a claimed statement from borgata staff. He is such an ass hole and a blowhard that I hate to publicize his site and give him any traffic.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 03:18 AM
You guys make chips?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 04:34 AM
Quote:
Originally Posted by jjjou812
Well, the top 2 players have 10 mill in chips and the bottom five have an about 1 mil each, so yes some guys probably deserve more than 27th place. Bottom 9 get same amount, with the top 6 getting at least 10x the lowest remaining payouts.

Also, don't know what facts you are referring to when you say "they got there at the benefit of the counterfeit chips." Please elaborate. For all we/I know, the chipleader never even played with lusardi at the same table. Or he busted him.
I want you to answer this simple question real simple. Did any of the final 27 of counterfeit chips in their stacks?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 05:52 AM
Quote:
Originally Posted by ChipKatcher
I want you to answer this simple question real simple. Did any of the final 27 of counterfeit chips in their stacks?
The answer to this seems to be most certainly YES.

Given no further arrests YET, no decision yet from DGE, comment from poster regarding alleged email from Borgata with possibility of scammer still in field , and the comments from poster alleging to be Lusardi prior to his arrest.... would lead one to think there are lot more people involved, and investigations continue and it's a big complicated mess.

I trust they will catch all involved and hope they all rot in hell, or at least enjoy their cuddle time with Bubba while locked up.

P.S. Refund of Buyins for ALL non-cashing players in event #1, non-scammers's who cashed keep payouts, and ICM chop for all non scammers still in seems like only reasonable outcome for all.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 06:34 AM
Quote:
Originally Posted by PTLou
The answer to this seems to be most certainly YES.

Given no further arrests YET, no decision yet from DGE, comment from poster regarding alleged email from Borgata with possibility of scammer still in field , and the comments from poster alleging to be Lusardi prior to his arrest.... would lead one to think there are lot more people involved, and investigations continue and it's a big complicated mess.

I trust they will catch all involved and hope they all rot in hell, or at least enjoy their cuddle time with Bubba while locked up.

P.S. Refund of Buyins for ALL non-cashing players in event #1, non-scammers's who cashed keep payouts, and ICM chop for all non scammers still in seems like only reasonable outcome for all.
It was I only towards jjlou because he said you can't prove if anyone benefited from counterfeit chips if they were in your stack at the final 27 you benefited no matter how they were earned
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 06:56 AM
Quote:
Originally Posted by pipes
ok, so the Borgata issues a statement...anyone that sat with Lusardi gets a refund...then 1,500 players run up and say they did

Borgata has no record of who played where and when

So all of Day 1b should be refunded, period

And if they say something like, "uh duh, we haven't found any accomplices for sure and don't know how the 200 chips got in and don't know for sure it was day 1b only"...then refund Day 1a and Day 1c too...of course they won't say that. But I'll take no further details or arrests as an equivalent of saying that exact thing.
I'm not sure why the focus is on day 1B? Those fake chips were in circulation throughout the entire tourney with the exception of 1A. I played in 1C and noticed one at my table early in the evening. Like most people I just figured it was new chips and the lighting in the convention center is a little dark as well. Didn't think anything of it at the time. But regardless the entire tourney was tainted. Resolution on this should not be partial. Everyone that did not take part in siphoning the chips should be refunded all their bullets fired. However I do see the other problems inclusive of the people who were already paid out, the 27 players left, the dealers that need to get paid, the potential complaints from out of state participants with regards to the extra expenses they had to dish out contrary to us in state participants. At the end of the day Borgata is going to have to eat it all IMO. This is the first time something like this has happened and they need to set a good precedence.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 07:45 AM
Quote:
Originally Posted by PTLou
The answer to this seems to be most certainly YES.

Given no further arrests YET, no decision yet from DGE, comment from poster regarding alleged email from Borgata with possibility of scammer still in field , and the comments from poster alleging to be Lusardi prior to his arrest.... would lead one to think there are lot more people involved, and investigations continue and it's a big complicated mess.

I trust they will catch all involved and hope they all rot in hell, or at least enjoy their cuddle time with Bubba while locked up.

P.S. Refund of Buyins for ALL non-cashing players in event #1, non-scammers's who cashed keep payouts, and ICM chop for all non scammers still in seems like only reasonable outcome for all.
This is FAR from a reasonable outcome. IMO
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 07:49 AM
Quote:
Originally Posted by Dubc923
I'm not sure why the focus is on day 1B? Those fake chips were in circulation throughout the entire tourney with the exception of 1A. I played in 1C and noticed one at my table early in the evening. Like most people I just figured it was new chips and the lighting in the convention center is a little dark as well. Didn't think anything of it at the time. But regardless the entire tourney was tainted. Resolution on this should not be partial. Everyone that did not take part in siphoning the chips should be refunded all their bullets fired. However I do see the other problems inclusive of the people who were already paid out, the 27 players left, the dealers that need to get paid, the potential complaints from out of state participants with regards to the extra expenses they had to dish out contrary to us in state participants. At the end of the day Borgata is going to have to eat it all IMO. This is the first time something like this has happened and they need to set a good precedence.
Refunding everyone would set a terrible precedent for future MTTs. IMO
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 09:39 AM
Quote:
Originally Posted by ChipKatcher
I want you to answer this simple question real simple. Did any of the final 27 of counterfeit chips in their stacks?
Sure they have.

But I don't think that's the question now as the tournament is Cancelled.

I understand how 27 feel about the situation and some way will be very disappointed no matter how it will play out.

Borgata will have to deal with them.

I don't think NJDGE will allow Borgata to use remaining frozen Prize pool to pay out any one more then their original Buy-ins.

If Borgata wants to pay them , will have to come up with $$ of their own.

If you are one of the 27 , don't jump to attack.This is just my opinion based on public information so far. You can express yours. That's why we have forum.

And I don't think me or any one expressing opinion will influence any one @ NJDGE or Borgata.

Good luck to all.(little more to 27)

Last edited by riverph7; 02-08-2014 at 09:47 AM.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 09:54 AM
Quote:
Originally Posted by therealsaltydog
Refunding everyone would set a terrible precedent for future MTTs. IMO
of course it would, next thing you know everytime theres a main event someone throws in a couple thousand in fake chips and everyone screams "refund" cant wait to see the future of poker if this happens.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 10:02 AM
Quote:
Originally Posted by mrdadio48
of course it would, next thing you know everytime theres a main event someone throws in a couple thousand in fake chips and everyone screams "refund" cant wait to see the future of poker if this happens.
Quote:
Originally Posted by therealsaltydog
Refunding everyone would set a terrible precedent for future MTTs. IMO
Borgata didn't provide proper security is one problem. Show what happens to someone who brings In fake chips hopefully Steep jail time
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-08-2014 , 10:03 AM
Quote:
Originally Posted by mrdadio48
of course it would, next thing you know everytime theres a main event someone throws in a couple thousand in fake chips and everyone screams "refund" cant wait to see the future of poker if this happens.
I think that's very logical and scary thinking going on with the minds of all the Casino's and Gaming Enforcement.

I think that's why NJDGE will go after this crook for maximum punishment.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote

      
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