i dont know if this helps you but on page 43 of this thread someone posted a payout chart. having so much time to think about this, maybe an even chip chop would be the fairest way to split the prize, anyone of the remaining could have potentialy won. it would wind up to around 51k each. of course there is no making eveyone happy, this is just a suggestion. any thoughts?

Update from borgata saying they are not entitled to give refunds when tournament's are cancelled it's part of rules and policy you read and sign when signing up.

Where you're seeing this.

I answer your question and never said that. You don't know how far the cheating went. The point is no one should be able to bring 800,000 into play of fake chips

Got to love how people will say anything to try and get free money.

Not only should Borgata refund all buy ins, they should give everyone who has ever played poker $560. This is a black on the game and has cost us all EV.

Please please please Borgata, give me some money. Pretty please.

It appears that we are at the stage in this thread where all that's left to do pending an outcome, is argue with folks that will not change their mind and insult each other when your argument fails. If that is the case I'll be locking this up shortly until any significant news or determination comes out.

Not a lawyer, but I think hiding behind this type of statement or "rule" is the kind of thing that would get lawyers involved. For example, I could post a sign at my parking space saying "not responsible for beating the **** out of you if you take this parking space". This statement will likely not free me from liability in the event that I beat the **** out of you when you take my parking space.

I don't think you can automatically free yourself from liability in cases where a degree of liability is reasonably expected, simply by stating you are not responsible.

Lol.

The 13 US Treasury was paying 0.02% last week. Translation: $200 a year on $1million. It did have a recent high of 0.08%, so that's about $67 per month on $1million.

[Posted By jjjou812


No, but I would represent the remaining 27 depending on Borgata's proposed resolution of the issue because they were the only ones damaged by the cancellation of the tournament. And their claims are...[/QUOTE]
[/COLOR]

[COLOR="DarkRed"][Posted By riverph7


By saying "I would represent the remaining 27" you are saying you are an attorney ?
What branch of law you practice ?
R u a member of NJ Bar ?

Thx[[/QUOTE]

Since you won't answer, we all know the answer is no.

+1

+2

When I played in group 1c, my main goal was to be the chip leader for the day and get the cash bonus as chip leader for the day. I got knocked out trying to attain that number. So I rebought again. My main goal was to lead the day and get the bonus.

HOWEVER, come to find out the leader became the leader by cheating. The number I was chasing was "false". Because of Lusardi's cheating, people in groups 1b and 1c suffered.

Full refunds for groups 1b and 1c....This is where the cheating occurred.

This is the only source of information for 4800 players as there are no updates from NJDGE or borgata.

Instead you can ban posters who consistently insult other posters. There are not many but there are 2 or 3 obvious.

Thx.

I found an excel based ICM calculator, and was going to adapt it to allow for 27 players. I didn't know much about how the calculation was done, so I did a little research. Because of the recursive nature of the calculation, I believe it would be prohibitive.

http://www.pokerology.com/lessons/icm/

This shows how to do the calculation with three players and two prizes. This requires 3x(1+2) = 9 equity calculations. Each player has one way to finish first, and two ways to finish second. Add a prize and it becomes 3x(1+2+1) = 12, as each player also has one way to finish third.

Add another player and another prize and it becomes 4x(1+3+3+1) = 32. The typical 10 player, 3 prize SNG takes 10x(1+9+36) = 460. This takes about 5 seconds for the excel sheet to calculate on my machine.

For 27 players and 27 prizes, it is 27x(2^26) = 1,811,939,328 calculations. This would take over 7 months to calculate at the above rate, assuming the program could even handle the memory requirements needed to store the intermediate calculations.

It's possible someone could write a program in a faster and more efficient language to do the calculation in a more reasonable amount of time.

Er, technical jargon or not, I believe this to be incorrect. Post a sample 27 player chip count and prize pool payout and I'll calculate it in less than 15 minutes.

Here you go:

thx. yeah, naturally i like the even chop but i can't say that would be the most just. i think the fairest is for half of remaining prize to be divided equally and the other half divided by chip count

the remaining players should each get 27th place money and then equity chop the rest

What was the starting stack for this tourney? 20k?

20,000 x 4814 entries = 96,280,000


List above shows 1 million more. Why?

97,280,000 / 4814 entries = 20207.72

I need to look up how many counterfeits were found in trny. Didn't think it was 1m worth.

Joking right?

"Borgata employees later found an additional 160 forged chips — totaling $800,000 — had been introduced into play, and regulators canceled the tournament."

200k less than 1mill. Maybe they found 40 more $5k chips or they just rounded up?

Oh oh sorry. I don't know what the discrepancy is there.

TimM,

Checking Borgata's website: http://www.theborgata.com/casino/pok...014/results-01

It has Gola having 5,650,000 in chips. Excel chart above shows 5,560,000.

4814 entries x $60 = $288840 borgata keeps for their thoughtful over site of the tourney and protecting the players from cheats