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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*

04-10-2014 , 10:50 PM
Quote:
Originally Posted by Mench
You heard it here first, 20k to most of the 27, 60k to top stacks, something in between for a few others. Source: a person
too vague. an even chop would be just over 53k each and your saying 60k to a couple of the top stacks and 20k to most of the rest. where is the missing cash going? 1,433,000. and what kind of chop would that be??
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-10-2014 , 10:54 PM
Quote:
Originally Posted by Jigsaw
Tab posted on Twitter the time frame for when the resolution to this event will be announced:

https://twitter.com/tabduchateau/sta...74999117832192
they have been saying any day now for the last 1 1/2 months now. "Imminent" isnt a time frame.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 07:49 AM
the pendulum of hope swings: maybe today is the day
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 08:39 AM
Quote:
Originally Posted by pninwin
the pendulum of hope swings: maybe today is the day
Why today?

Any reliable info or wishful hope ?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 08:40 AM
Quote:
Originally Posted by BluffMyNuts
I lol'd IRL.

Pretty ballsy to run another series while the 27 await word on payment, you guys are handling it better than I would and I hope they come up with an agreeable solution. I still think half of the prize pool should get chopped 27 ways and the other half by ICM. I wouldn't give refunds to those who didn't cash but would give some comps.
How is it ballsy? Casinos don't care about 27 people, and they know the majority will continue to play. As everyone will see shortly after the spring open doesn't miss a beat.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 08:43 AM
Quote:
Originally Posted by pipes
I love how people say it wasn't Borgata's fault at all and Lusardi just randomly chose this tourney as opposed to WSOP-C.

Well, I don't think it's random. Borgata's cheap chips they have been using for years, mass amount of incompetent dealers, and in general the Borgata's trend of going more for quantity rather than quality in this first tourney played into his decision.

You are more likely to find a flea in a trash dump as opposed to an operating room. It was not random.
Are you profiling?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 08:51 AM
Quote:
Originally Posted by BluffMyNuts
You should actually read about that case, your quote shows you have no idea what you're talking about and just spewing nonsense.
So you are saying a 2.7 million verdict was just? Perhaps it was helpful in tort reform, however it was still a frivolous case any way you slice it.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 09:20 AM
Quote:
Originally Posted by riverph7
Why today?

Any reliable info or wishful hope ?
Just mindless hope. Ultimately a resolution might be irrelevant for the Borgata business (they killed the guarantee in event 1) but I still see them fighting to get this done before WPT championship.

Plus I've developed this theory that this gets resolved only after I experience maximum frustration. Yesterday I was in a laptop-smashing mood, today is a new day
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 11:05 AM
Quote:
Originally Posted by Jigsaw
Tab posted on Twitter the time frame for when the resolution to this event will be announced:

https://twitter.com/tabduchateau/sta...74999117832192
I think he's handled the communication side of this EXTREMELY poorly. I don't care if the resolution is out of his hands, he's acting like people asking him are rude, annoying little children he shouldn't have to tolerate.

Everyone in a position of power who has spoken on this, publicly or to someone who has posted here, either at the Borgata or DGE has said things like "imminent," "very soon," or "very very soon."

They've been saying that for weeks. No kidding people are constantly asking. If they were up front weeks ago and said it could still take a while, at least that'd be honest.

To be acting like a solution is coming in what most of us would translate as a day or two, maybe a week, and keep giving those answers for weeks is an insult to everyone who is awaiting news.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 02:32 PM
Borgata Chip Investigation has concluded. All that's left is public announcement. Get ready for "interesting" and "unexpected" decisions !
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 02:38 PM
Quote:
Originally Posted by ZenForest
Borgata Chip Investigation has concluded. All that's left is public announcement. Get ready for "interesting" and "unexpected" decisions !
Source?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 02:53 PM
http://m.pokerplayernewspaper.com/co...port-way-13057

If this is true, let's hope us 27 get justice!

Last edited by Videopro; 04-11-2014 at 03:13 PM. Reason: A link to an article that an announcement is coming - no actual news.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 03:07 PM
Quote:
Originally Posted by ZenForest
Borgata Chip Investigation has concluded. All that's left is public announcement. Get ready for "interesting" and "unexpected" decisions !
Let's keep open mind about your post.

Source. ? If u r at liberty.

Time line ?

Interesting and Unexpected !!
Tournament was canceled pay every one buyin back
Pay remaining 27 players 28th place money or chop it remaining prize pool between remaining 27 players.

Any thing other then this will be unexpected in my view.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 03:20 PM
Quote:
Originally Posted by Pair Draw
http://m.pokerplayernewspaper.com/co...port-way-13057

If this is true, let's hope us 27 get justice!
It sounds like the reporter has some inside knowledge .

Player please get ready to digest the news when it comes out.

Only thing I don't like in the report is:

"...n addition, the top 27 players, many of whom have anticipated a pro rata chip chop of the undistributed prize pool allocated to those spots, will probably be shocked as to the actual outcome for those well above the middle of the pack."

Hope it comes our fair to most of the players affected
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 03:23 PM
from the article...
In addition, the top 27 players, many of whom have anticipated a pro rata chip chop of the undistributed prize pool allocated to those spots, will probably be shocked as to the actual outcome for those well above the middle of the pack.
One lawyer knowledgeable about the DGE's deliberations on fairness, points out that any player who benefitted from the counterfeit chips was as much an issue to grapple with as those who played and could have lost their stack because of this.
So, don't be surprised if the DGE knocks your socks off while making its most cogent case for a fair and equitable resolution to the Borgata counterfeit chip caper fiasco.



uhhh, don't even know where to start with this. could mean anything. hard to tell if the person who wrote this article actually has any concrete info about resolution. sounds like there is a possibility of an even chop. nothing would really surprise me at this point
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 03:27 PM
Quote:
Originally Posted by Pair Draw
http://m.pokerplayernewspaper.com/co...port-way-13057

If this is true, let's hope us 27 get justice!
not getting a good feeling about this news, now how long before an official announcement?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 03:37 PM
Quote:
Originally Posted by pninwin
from the article...
In addition, the top 27 players, many of whom have anticipated a pro rata chip chop of the undistributed prize pool allocated to those spots, will probably be shocked as to the actual outcome for those well above the middle of the pack.
One lawyer knowledgeable about the DGE's deliberations on fairness, points out that any player who benefitted from the counterfeit chips was as much an issue to grapple with as those who played and could have lost their stack because of this.
So, don't be surprised if the DGE knocks your socks off while making its most cogent case for a fair and equitable resolution to the Borgata counterfeit chip caper fiasco.



uhhh, don't even know where to start with this. could mean anything. hard to tell if the person who wrote this article actually has any concrete info about resolution. sounds like there is a possibility of an even chop. nothing would really surprise me at this point
scary... if the outcome isnt fair seek legal counsel
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 03:42 PM
Quote:
Originally Posted by riverph7
It sounds like the reporter has some inside knowledge .

Player please get ready to digest the news when it comes out.

Only thing I don't like in the report is:

"...n addition, the top 27 players, many of whom have anticipated a pro rata chip chop of the undistributed prize pool allocated to those spots, will probably be shocked as to the actual outcome for those well above the middle of the pack."

Hope it comes our fair to most of the players affected
how can this reporter have so much knowledge of the outcome if the DGE hasnt made their statement of the outcome public yet?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 03:48 PM
5pm press release by DGE/Borgata ??
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 03:53 PM
Everyone in the tournament gets 1st place money.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 04:09 PM
Quote:
Originally Posted by mrdadio48
how can this reporter have so much knowledge of the outcome if the DGE hasnt made their statement of the outcome public yet?
Because people on the inside generally suck at keeping secrets and will tell any reporter knowing they won't reveal the source.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 04:16 PM
Quote:
Originally Posted by mrdadio48
not getting a good feeling about this news, now how long before an official announcement?
Quote:
Originally Posted by mrdadio48
scary... if the outcome isnt fair seek legal counsel
Yup, some of the dramatic language seems to be taken out of the Saw XII script. Ominous and doom-hungry

Last edited by pninwin; 04-11-2014 at 04:22 PM.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 04:23 PM
The anticipation reminds me of Jaws theme music.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 04:24 PM
"In addition, the top 27 players, many of whom have anticipated a pro rata chip chop of the undistributed prize pool allocated to those spots, will probably be shocked as to the actual outcome for those well above the middle of the pack.
One lawyer knowledgeable about the DGE's deliberations on fairness, points out that any player who benefitted from the counterfeit chips was as much an issue to grapple with as those who played and could have lost their stack because of this.
So, don't be surprised if the DGE knocks your socks off while making its most cogent case for a fair and equitable resolution to the Borgata counterfeit chip caper fiasco. "


Can definitely be read as anything from getting nothing to everything. My first read was 27 getting well taken care of with the "knock your socks off"


Sent from my SGH-T889
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 04:28 PM
I'd think Wendeen Eolis (who kept us spellbound with her "knowledge" regarding PokerStars and Full Tilt back in Julu 2012) has some inside source at the DGE. She literally phoned in her article to someone at Poker Player Newspaper.

Does it mean there's an announcement today? Monday? A week from today? Who knows.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote

      
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