It sounds like many people sort of know what is going to happen. I'm guessing a decent percentage of the prize pool is going to be distributed among the final 27, some refunds are going to be given for certain flights. I assume this means borgata kicking in something extra beyond the prizepol. just a guess don;'t know anyone.

Could the holdup from Friday be that DGE was ready to announce its ruling, but the Borgata asked them to hold off because they want to go above and beyond? No inside info, just guessing.

If, for example, the DGE ruling was unfavorable for the 27 and the Borgata wanted all along to make sure they got their full equity, they might have asked DGE to wait on Friday to avoid backlash.

This could also explain a long process if Borgata was pushing for a 27-friendly ruling.

Again, all just a guess.

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i would think that would sound about right, at least i hpoe so. if the investigation is over and all the remaining 27 are cleared remember "2million gauranteed" means 2 million will be paid to the winners, there were no ifs or buts in there advertisement so if they dont pay the gauranteed amount to the final 27 they are renegging. seek counsel.

Would people who cashed in the event, but were in the flights where the counterfeit chips were introduced, be receiving a refund as well?

But the problem is that we don't really know the true winners, and we never will. There are people on the final 27 who did nothing wrong, but are only there because of the fake chips. There are busted players who did nothing wrong, but are only gone because of the fake chips. A fair resolution should recognize that both groups have an equity claim on the same prize fund. Nobody can possibly know how things would have turned out if the tournament hadn't been compromised.

The settlement needs to apportion equity to all the affected players. Mathematically, larger chip stacks and higher finishing positions should receive more, but many other players should be receiving their shares as well. To be fair, that prize pool distribution needs to flatten out and stretch deep onto the field. It all comes from the same prize pool.

This truly sucks if you were part of the nominal final 27, but the key realization is that really wasn't a true final 27. There are other folks with a viable equity claim.

The tournament was tainted by the cheating, and the effects were broad. Although people are able to see their own positions, it's much more difficult to step back and recognize other people's valid claims.

As well as whom? No one knows anything yet.

Very well said.

The tournament was cancelled. I'm not sure what the Tournament T&C's say with regard to cancellations but it's not unreasonable that in the event of a cancellation everyone just gets their buy-in back and that's it. After all the fact the tournament was down to the final 27 when it was cancelled technically is no different than if it got halted after the first few hands.

The fact that consideration is being given to the final 27 is more to do with maintaining integrity and trying to keep as many people happy as possible in this screwed up situation which is only really complicated by the fact that people already got paid out.

If this all happened before the bubble everyone would have just been refunded their buy-in, period. Thoughts of an equity chop would have been ridiculous. It's only because we're at the big money end that this is messy.

Until the decision comes down I think it's unreasonable to be too critical of the Borgata. Sure in hindsight their security might have been light on but there's not exactly a huge precedent for this sort of thing.

My guess is they probably take the remaining money in the prize pool and divide it up equally among the remaining 27 after refunding those they determine were affected but busted before the money. If that were the case it sounds to me like they're doing more for the players than they're probably obliged to do.

What if you got busted by Lusardi after you found the fake chips and brought it to the attn of the world via twitter after dealer dismissed my claim? Lusardi knew he was caught but you just know you got busted by a guy that played every single hand to the river against you with a book bag full of chips. Hypothetical?

People keep bringing this up, but they seem to be misunderstanding the context in which the word was used. The tournament wasn't "canceled" in the technical sense of a sports bet that results in a "no action" scenario, with all funds returned. The word "canceled" was used conversationally, and interchangeably with "suspended," while discussing plans to figure out the final disposition of the prize fund. It's clear that a nontechnical meaning was intended.

There will be plenty of arguing and second guessing when the decision is announced, but at least the argument about the intended meaning of that word will be over.

small reward of pride for being the only guy amongst thousands smart enough to see something was amiss? Lusardi probably muttering "Luke" in the big house

Suspense is killing us.

Come on NJDGE speak up!

It is ridiculous that this has taken so long. Many of the players are also patrons of the casino and buy rooms, products, and play table games. It wouldn't take much to just do the right thing and take a little loss for not protecting your players. Do the right thing Borgota.

Yea Borgata should do the right thing. Take the hit, pay the remaining prize pool to the 27 -equity chop and refund those that played on the same day. Good PR and everyone will be happy and no lawsuits. The money should not come out of the remaining pool to pay the refunds, this is so obvious

It is so easy to spend millions of someone else's money. Marry rich, my friend.

Every time I come by this thread, it is with the hope of at least decent news for you guys. So sad for people still waiting to know.

totally agree, this is what you would expect to see happen from a good reputable establishment. a short term loss for a long term profit, makes perfect sense. keep your fingers crossed.

Lol....I hope that dumbass had many visions of my chubby loudmouth passing his ridiculous Home Depot chip around the table. While I'm almost positive I will receive NOTHING, it sucks as it would have sucked even more I guess if I would have beaten him out of his book bag of chips just for it finally to be counted and I lose anyway. I hope your compensation brings you 27 at a peace. I donated the peanuts I cashed for to an animal shelter and it brought me peace.

Njdge just released judgment on Njdge web ebsite. I'm reading it now

http://www.nj.gov/oag/ge/2014news/Bo...FinalOrder.pdf

jeffg:

No, it is not ridiculous. There is a lot at stake here - not just the fate of the final 27 and all the others adversely affected by the actions of Lusardi in this particular tournament.

http://forumserver.twoplustwo.com/sh...postcount=3761

woah

http://www.nj.gov/oag/ge/2014news/Bo...FinalOrder.pdf
So who this 2143 players ?

Day 1 b ?

Day 1 c ?

Does any one has brake down of Day 1a-1b-1c?

How many entrants were there total? I played Day 1A so I'm not sure if I qualify for a refund but it seems like they are refunding everyone and I won't complain getting my moneyback

~4000 total ... it specifically says how many are/are not getting refunds

This doesn't sound good for people who fired multiple bullets though. Looks like everyone will just be getting $560 instead of a refund of what they spent. Does anyone have any info about this?

Why are the refunds coming at the expense of the remaining 27. This is pretty f***ed up. I would be furious if i had a descent stack in this tournament and should not accept this. Borgata should be paying the refunds if anything out of their pocket because of "their" failure to a proper tournament.