Its probably just a matter of keeping their options open in case the state orders something unexpected. i.e. they probably don't want to commit fully to refunds + paying the prize pool.

the fairest solution obviously is to pay out the prizepool and borgata could choose to offer whatever kind of refunds they want. however, you don't know, what the state will come up with.

i assume they are investigating to see if other people were involved.

refunds are the worst thing that could happen for many reasons. IMO

Poker players sue over fake chips in Borgata tourney via Press of Atlantic City
Click here

Why is this ?

Not really we all knew this was coming unless your oblivious. Oh wait you think borgata didn't do anything wrong nm

1) forever higher rakes
2) incentive to cheat to compromise the game in some way to get "something" back.
3)taking more of our freedom away, example; look at what we have to go through to board an airplane since 911, what next, will we need a screening to enter?
4)lower number of entrants due to higher rakes, no more 2million or even 1 million mtts. ( for a $560 entry anyway)
5)the game will greatly be slowed down by chip count verification as one is
moved to another table.
6)casinos not finding mtts profitable due to the higher rakes and simply dont have them anymore.
7)maybe new rules on the back of the card that every player signs when they pay to enter. ( maybe a disclaimer, you may get your entry back but not the entry fee)
and who knows what else, this opens a big can of worms.
i cant see the borgata being negligent in any way personally since they have run thousands of mtts and this is a first.

does this make YOU negligent for entering? (since you KNEW it was coming)

Nah, he just continued playing while waiting for his expected freeroll.

Enough with speculation and asking for refunds already. This thread should be locked until there is a statement from borgata. C'mon kevmath and professionalpoker do the right thing.

Could see it now- some lower stack facing an all-in, immediately adds to his stack a counterfeit small denomination chip. If he loses he later claims he wants a buyin refund because there was a fake chip used in the tourney. If he wins he pockets the fake. lol

Or, let the speculators speculate - but change the title or something when real news (an official announcement from Borgata and/or the gaming commission) is announced so that those of us who are interested in seeing how this really plays out can do so without having to wade through a mountain of speculation and gossip.

Thank you.

Lee

As expected, a class action lawsuit has been filed.

"The claim seeks refunds of the players’ buy-in money and entry fees as well as reimbursement for incidental damages, such as travel costs."

http://www.pressofatlanticcity.com/n...9bb2963f4.html

They should also add "pain and suffering". Even people who didn't play but have read this entire thread should be eligible,

What, you want to stop people from speculating about how borgata is setting themselves up to possibly screw over players, specifically how they still profit from a cancelled tournament in most scenarios discussed, but want to run the witch hunt against WJ and the poker media who appropriately didnt report on it??

The Borgata is in a pickle, a lot of sour grapes. If they don't clean this up all is lost. (Tongue firmly in cheek). Business moves on.

Does not seem by the comment in the article that The Borgata is in control at this point, or at any point, since the DGE closed down the event.

It is in the hands of the DGE investigators and the police, and has been from the beginning. The lawsuit seems frivolous and ill timed.

The Borgata has an obligation to follow the direction that the DGE sets forth - using the DGE and police's timeframe, not their own.

In all probability the loss is covered by Insurance that will limit the casino's exposure. It behooves The Borgata (Boyd/MGM) to protect their future interests including their leadership in online gambling in New Jersey.

It is a time will tell situation in the hands of a few NJ DGE investigators.

If you are saying day 1c was affected, why are you not including day 1a? How was day 1c affected if he didn't play that day?

We all knew the lawsuit was coming after the cheating come on read what I'm quoting.

I was talking about the lawsuit many said in the beginning a class action lawsuit would happen.

One fake chip doesn't mean anything if they can find who put it Into play they can refund the one player who was knocked out. One chip wouldn't get this much publicity. This was a cheating ring big difference.

1. If borgata has higher rake then many won't play there. There dumb move then but many people exaggerate way to much about the rake in tournaments.

2. So lusardi getting arrested and being in custody wouldn't discourage cheaters? I don't think many people will attempt this.

3. Oh please let's take our freedom of staying at a table during break or walking to a new table by ourselves without a floor person? What freedoms lets not compare this to theb1000s of people who lost their lives in 9/11 to a terrorist attack to this big difference.

4. There's a one million in the spring maybe even two I read. And idc if borgata screwed up that's on them they lose business that's what happens when you mess up.

5. How does that slow down a dealer? I believe it's just extra work for a floor man. So that's not a valid argument .

6. Casinos don't find a mtt profitable due to higher take what??? This makes no sense unless your saying less people show up which in case they don't care borgata still runs events and just adjusts prizepools. People will still play if it's 500+100.

7. I don't understand this a disclaimer you may get your entry back but not your entry fee I'm confused on that. They left themselves vulnerable to this. With the terrible cameras and poorly run tournament and inexperienced floor staff. They knew on Thursday at 6pm or so they found 30,000 in fake chips i was told by someone reliable should of been stopped then.

Parx took great initiative taking stock of the grays on break. And they had proper cameras to in the club house.

I'm sorry your a final 27 and it sucks to be in your spot not knowing if your gonna get 27th place money or a chop equally or chip chop. Borgata should send you some update and not ignore you guys.

Looks like it happened.

Who is "we"?

Don't ask stupid questions it the beginning of the thread we is a form or expression. And we is as in most of the players who played the tournament.

you have no concept of risk reward calculation

lol Yep, bring in counterfeit chips. Lose. Yell "Refund"! Profit? No, you risk getting arrested and spending time in jail.