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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*

01-18-2014 , 01:26 AM
Quote:
Originally Posted by ZenForest
Whatever happened to getting BlackListed. Once a SCUMBAG CHEATER, ALWAYS a SCUMBAG CHEATER. Need to keep these people OUT !!!
Obviously not happening very much - no serious action seems to be regularly taken and from what I've heard - when security found chips in Men's room in Foxwoods years ago they barred him and then reinstated him soon after, lol. It's just a joke, from Men and Foxwoods to Ken Lambert refunding the mega buy-in back after Men's cohorts were caught on camera. What can we do????
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 01:38 AM
Would chip makers actually make this or its more likely to be home done
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 02:01 AM
Quote:
Originally Posted by MicroRoller
Rumor has it one of Gov. Christie's top aides sent a text to Men The Master which read "time for some tournament problems in Borgata" because Tab refused to endorse the Gov's re-election.
Awesome!!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 02:03 AM
Quote:
Originally Posted by ddlloo12
Would chip makers actually make this or its more likely to be home done
They look like a fairly common design with a sticker on them.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 03:17 AM
I don't think many casinos would bother withe expense of RFID tournament chips.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 03:52 AM
Quote:
Originally Posted by Book Hangover
Not sure this was mentioned, but am sure not everyone may like this idea. However it is the fairest solution:

Increase prize pool to adjust to real number of chips in play. Borgata has to add entry fees that cover starting stacks that add up to the amount of fake chips. If 1M fake chips, 20k starting stacks, that would be 50 entries.

Why is this fair? You cant reimburse for the butterfly effect, but you can estimate the EV the whole field lost to be close to this amount. Don't have to pay more places, because people played according to the structure/bubble already. Just increase the payouts for each cash, as if tournament had more entries.
Quote:
Originally Posted by pipes
ha ha hate this..so if the cheaters are still in there they will get more money

And there could be people who got busted because they were covered by guys with pumped up stacks
Who cares? The chips aren't really fake if the equity is added to the prize pool. It's prob the most fair solution for the players but obv won't happen, sets a horrible precedent etc.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 04:18 AM
latest bit of (unconfirmed) info...Harrah's employee said they had some serious plumbing problems because someone had flushed Borgata tourney chips in their toilet last night. seems ludicrous but people talking about this tonight in Harrah's poker room
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 04:23 AM
Quote:
Originally Posted by FRYTWO
refunds to non cashing players less the vig
the vig is paid specifically to uphold a safe and regulated game inside the casino.

Why would someone pay vig towards a tournament that had cheaters benefit from the poor running of the entire thing.

I would definitely not be the guy telling 5k players that we're keeping the raked money because the tournament still took place, lol.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 04:36 AM
After reading 307 posts on this thread, here are a few observations:
The Event Center is an ENTERTAINMENT CENTER used only twice a year (September and January) for poker tournaments. Look up! Look WAY up at a ceiling that is triple the height of the poker room. Now count the cameras you see. One post talked about "the cameras should be set on Zoom".
Next, count the poker tables in the Event Center. If you take the 90 tables and multiply by a full table of 10 players at each, you are "Zoom"ing in on 900 players all at the same time. Really? No, not really. It's impossible given the limited number of cameras in the room.
And so many people have spoken about the "fair" and "equitable " way to handle the money for the remaining 27 players. Should they chop or should they play it out or OMG what should they do?
My best guess is that's all a moot point. In the thousands and thousands of pages of regulations that the New Jersey Casino Control Commission requires all casinos to adhere to, I think it's very likely that this kind of debacle is already covered in excruciating detail.
We'll know in a few hours.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 05:12 AM
Quote:
Originally Posted by wildman75
I played day 1a of this and ended up doing pretty well finishing 47th. To everyone talking about the brand new sparkling looking ones..those were real. Just brand new like u thought. There was also the older looking non shiny and non sparkly ones. The difference between these two was minimal. The fake ones were not shiny or sparkly. They looked and felt different. So everyone talking about the sparkly ones they were given by the floors, this is not what the fake ones looked like. I handled a few fake ones. Have no idea what's gonna happen or what's fair for all parties. Gl to tab and his crew on trying to deal with this.
Someone asked this earlier in the thread, but I agree – can you elaborate on how the chips "felt different?" Was it in terms of weight? Slightly different mold? Surface characteristics?

This is insane.

Also, the plumbing rumor: holy jeebus wowzers if that's true. And if it is, I hope one of the cameras that get a bit more scrutiny are the ones outside that particular bathroom. Perhaps they can match a suspicious face with someone involved with or even participating in the tournament.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 05:14 AM
Quote:
Originally Posted by Jim215
Next, count the poker tables in the Event Center. If you take the 90 tables and multiply by a full table of 10 players at each, you are "Zoom"ing in on 900 players all at the same time. Really? No, not really. It's impossible given the limited number of cameras in the room.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 05:33 AM
Quote:
Originally Posted by Wilbury Twist
Someone asked this earlier in the thread, but I agree – can you elaborate on how the chips "felt different?" Was it in terms of weight? Slightly different mold? Surface characteristics?

This is insane.

Also, the plumbing rumor: holy jeebus wowzers if that's true. And if it is, I hope one of the cameras that get a bit more scrutiny are the ones outside that particular bathroom. Perhaps they can match a suspicious face with someone involved with or even participating in the tournament.
Ok..sorry for delay..phone died a few hours ago.

There were really 3 types of $5k chips in play I guess. 2 of them real and 1 fake. The real ones were both old and new. The new ones were very shiny and could tell had barely been used before. I started with these and noticed it immediately. They obviously needed more than they usually had bc of the projected numbers in this field. They felt almost sharp I guess. Then the older ones that were slightly darker and a little worn out. Nothing really different about them to really notice.

However later on day 2...with around 100/120? people left I found a really funny looking one in my stack. It just felt different. The color was much different and just solid looking. It wasn't like the new chips and didn't have that glittery look to it. It just looked out of place in your stack. I remember throwing my ante in with it. A guy wins that pot and picks it up and was like what is this. He alerts the floor who gives him a real chip and takes it out of play.

Not sure what else to say about them really. But the speculation is starting to get laughable on here.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 05:49 AM
CSI Borgata is on the case!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 07:24 AM
Bunch of cry babies itt
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 07:27 AM
Quote:
Originally Posted by Borgata456
Bunch of cry babies itt
Pretty good

Sent from my SCH-I535 using 2+2 Forums
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 07:29 AM
It would be a terrible precedent if the Borgata isn't forced by gaming to pay refunds to every entrant after the integrity of the event was compromised. Otherwise, they (and other casinos) have very little incentive to ensure tournament chips are legitimate.

When regular casino chips are counterfeited and cashed in for money, the casino suffers a loss and so they have an incentive to prevent counterfeiting which scales with the value of the chips. In other words, they are incentivized to ensure the highest denomination chips have the most security features. This isn't true for tournament chips, as counterfeit chips being introduced to a tournament don't add to the prize pool of that tournament. I would hope this incident leads to an industry-wide reconsideration of the importance of having more secure tournament chips.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 07:59 AM
Quote:
Originally Posted by pninwin
latest bit of (unconfirmed) info...Harrah's employee said they had some serious plumbing problems because someone had flushed Borgata tourney chips in their toilet last night. seems ludicrous but people talking about this tonight in Harrah's poker room
Chip dumping?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 08:19 AM
Quote:
Originally Posted by BatPoker
Chip dumping?
LoL
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 08:45 AM
Quote:
Originally Posted by BatPoker
Chip dumping?
hah!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 09:21 AM
Quote:
Originally Posted by PSUMike1999
Obviously not happening very much - no serious action seems to be regularly taken and from what I've heard - when security found chips in Men's room in Foxwoods years ago they barred him and then reinstated him soon after, lol. It's just a joke, from Men and Foxwoods to Ken Lambert refunding the mega buy-in back after Men's cohorts were caught on camera. What can we do????
PSUMike:

This is clearly a situation where the regulators are going to have to step in and impose a very harsh and stringent enforcement action on the Borgata. They're going to have to (literally) put the "fear of God" into the casino operators. If this kind of blatant cheating is allowed to run rampant all across the United States - because the operators lack the intestinal fortitude to deal with these cheats - the amount of tax revenues the state collects from "legal" gambling will diminish. This imbroglio is getting air time on New Jersey radio and television stations. If the general public perceives that New Jersey (and/or Mississippi) regulators look the other way while folks like Men the Master ply their trade; the general public will quit playing - or shift their discretionary gambling income to other venues such as fantasy football or whatever ... The bottom line is that state revenue from "legal" government-sanctioned gaming will dry up.

One thing is for certain. If the regulators don't deal with this - and I mean really get tough about it - then I'm never stepping in another "legal" casino (or legal poker room) for as long as I live. Home games with friends are preferable to playing in cheater-infested venues.

Broken Back Alan of Huntsville
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 09:24 AM
excuse my stupidity but what good would RFID chips do in this particular example as counterfeit chips were brought into play? All RFID chips would be where they are supposed to be and the non RFID fake chips would be in play as well, right? Something I'm missing here?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 09:55 AM
Talk to a few people yesterday someone said borgata will probably have to make it right face a legal battle which isn't good for publicity. Or some lawyer who played or rich guy who plays for the competition feels cheated would take on a case against borgata just for fun of it with a class action lawsuit where he'd be suing for everyone that played.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 09:58 AM
isn't it feasible that when a table breaks or player gets moved to have the TD or someone of "authority" bag the chips and move them couldn't this somewhat limit the ability of scammers to introduce fake chips? Not entirely able to mitigate it, but definitely eliminates much opportunity to add the fakes to stacks. yes this is way more time consuming but goes bounds beyond where they are at ow for chip security and is fairly simple to implement...im a MTT moron so excuse me if this is dumb
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 09:59 AM
Quote:
Originally Posted by ChipKatcher
Talk to a few people yesterday someone said borgata will probably have to make it right face a legal battle which isn't good for publicity. Or some lawyer who played or rich guy who plays for the competition feels cheated would take on a case against borgata just for fun of it with a class action lawsuit where he'd be suing for everyone that played.
I would bet that regardless of what Borgata does to "rectify" this there will be some suits regardless....
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-18-2014 , 10:00 AM
Quote:
Originally Posted by justlogik
Once they are charged criminally, the perpetrators will obviously be returning the funds via criminal restitution. In a perfect world, they'd discover who was responsible for all of it before paying out a dime.
If, and this is a big if, but if they spot [on camera] just one of the perpetrators putting fake chips into the tournament - or spot two perpetrators exchanging fake chips - they throw the book at them. If this is a "Men the Master" operation, New Jersey GCB officials and state prosecutors will scare the hell out of the horses by threatening them with enough charges to ensure a very long prison stretch - if they're convicted. Since there is no honor among thieves, the horses will quickly cut a deal with the prosecutor and turn on their master. Since this imbroglio is likely to cost the operator (and the regulators) a lot of headaches and grief, they'll make a point of making an example out of the chief organizer of this scam. If they are able to firmly establish the guilty party/parties in this case, somebody (or somebodies) will likely be doing some hard time.

Broken Back Alan of Huntsville
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote

      
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