Just a guess but I bet the pending lawsuit is one of the reasons for the lack of an announcement or resolution.

ICM is entirely logical. I won't sue or scream "unfair" if that is what happens. All i've said is that I won't be entirely happy. If I were a pro it would perhaps be a must to understand the likelihood of finishing 19-27, reduce variance, and take an extra $20K to add to the bankroll. For me, (if $28K is what a chop would give me) I'm willing to risk $20K to take a shot at another $344K.

By your logic player in 3rd does not accept anything other the 3rd place money. No form of a chop gives him that and therefore sues...great logic...keep in mind no one has placed yet and since all versions of a chop will leave some unsatisfied and will likely result in lawsuits...the best option for Borgata will be to play it out or at least attempt to get everyone back together to play it out.

It would even be fair to let those who can not play rec icm and let the others play.

Is there any update? Haven't checked Ina. While. Cliffs,?

No update from Borg or NJDGE.
Once the dead hand of government intrudes, things take MUCH longer. And usually end up PHUCKED up.

Borgata finds counterfeit 5k chips in WPO #1- Cancels event- Arrest made-Lawsuit filed

There will be a lot of changes to MTTs, this one is a given.

Its the concept laid out that's more important than the details of the story, which I think most people understood.

To explain it simply to you, almost every player is going to have a different view of what they consider fair. If they don't get what they consider fair, they will [potentially] sue on that basis. The biggest chunks of money per player is going to involve the final 27. Then you have the other ~4000 players who are wanting to get their buy ins back (or more per the lawsuit already filed).

when will they make a ruling?

they told us they would 2 weeks ago and they told us they would let us know last week... what they say means nothing

If this really long delay on any real news tells us anything, I'd imagine its telling us that :

The Borgata is not paying the remaining prize pool to the final 27 AND paying out refunds to the busted out entrants

If Borgata had decided to bite the bullet and make everyone happy while taking a huge loss. It would have happened by now. They wouldn't want this dragging on, they would get the news out immediately that everyone would be made happy. Even if they had to wait for the NJDGE to make something official it would have already been put out there that nobody needed to worry, everybody would be taken care of.

Who knows, maybe everyone will get paid, bust outs and final 27, but it wouldn't be voluntarily by Borgata.

its already been 2 months come on borgata

In before the chip leader shows up asking for double the 1st place prize ...

Well, to be fair, the let some guy cheat, if by "let" you mean caught him and had him thrown in jail... I say refunds for all and chipleader gets 754k to avoid bad publicity for the upcoming wpt...... Lol....

I can't see how 1-27 would only get refunds when hundreds cashed and were paid already. That money is long gone so how do you explain 1-27 getting less than the bubble boy,

No refunds and a hybrid ICM/even chop is the way to go IMO.

Good luck to all still remaining.

IMO,

Refunds to those that played at the cheater's table by coming forward to Borgata and getting confirmed by borgata cameras (in a perfect world obv)- probably less than 100 players. Bottom line is, most of the players never played with him at the same table.

Best of luck to the remaining 27. If they don't get a chance to play it out, ICM would be the most logical. Most of the remaining players probably would not argue over an ICM. If it's not an ICM, top stacks could sue for 1st place prize money.

betting folks....odds of this being resolved before beginning of BSO on April 8th? 2 to 1 against?

What about those that played against someone who benefited by winning against him and his inflated stack? They won a bit more than they might have otherwise, the table breaks, and those chips are used to knock out someone else.

This is impossible to implement. You're expecting recreational players who may not even know this guy's name now, let alone what he looked like, to remember whether they played with him or not?

Also, butterfly effect on the tournament is pretty significant. If you think refunds are in order, this is pretty much the worst way to hand them out.

This thread badly needs an edited OP

Your poker skills and decision making have nothing to do with where or how the player obtained his chips. When the hand in question began against such player, you needed to use your poker skills, reading ability, strength of your hand, position at the table and so forth. Where he got his chips from has nothing to do with the fate of any particular hand. If he had too many chips and you made a bad decision or outright got beat, it had absolutely nothing to do with where he obtained his chips. He more than likely did nothing wrong in obtaining the chips other than outplayed another player to obtain them. Don't fault that player and try to use bad logic to justify a refund you don't deserve.

like.. +1

Not sure what it is, but some seem to think those counterfeit chips had some kind of magical powers that the regular tournament chips did not have and once someone obtained them it brought magical powers to that player that they did not have before. It's those magic butterflies everyone keeps mentioning.

Its not about the player's skills at this point. By inflating a stack with fake chips, and knowing you have more in the hotel room, you can play a bit looser to try to win more legitimate chips so you don't have to risk introducing more fakes.

So Lusardi may play more marginal hands in situations where he thinks he has a read on the opponent. Meanwhile the opponent is playing a slightly tighter game as he is playing honestly. The board hits and the honest opponent wins more from Lusardi than he would have had Lusardi been playing with a fair stack.

When the honest player plays from then on out, he's playing with a stack that was inflated unfairly, even though it was unknowingly. He now has more chips to make some bluff shots with.