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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*

01-23-2014 , 06:58 PM
Quote:
Originally Posted by Wilbury Twist
ZenForest posts this early on, and nothing. Sundot does the same and gets applause.

Obviously, people like Sundot more than they like Zenforest.
Obviously.

2+2 mods don't even like me. Won't let me post my twitter handle. Give me infractions
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 07:04 PM
Quote:
Originally Posted by lamchopz
i would like to know also, i mean i did come in about 2197th place, that should mean something lol
Even if you are @ 4814th place you are due for full refund Sir !!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 07:22 PM
Everyone needs to chill out as far as money being refunded. Let NJ Gaming finish its investigation. After they are done Borgata will obviously do the right thing because of this fiasco. A large Freeroll for players probably will help solve the problem
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 07:25 PM
Quote:
Originally Posted by pokervangelist
Everyone needs to chill out as far as money being refunded. Let NJ Gaming finish its investigation. After they are done Borgata will obviously do the right thing because of this fiasco. A large Freeroll for players probably will help solve the problem
A freeroll won't solve ****.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 08:08 PM
Quote:
Originally Posted by riverph7
Even if you are @ 4814th place you are due for full refund Sir !!
you are my new friend riverph7 lol
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 08:09 PM
Quote:
Originally Posted by cicakman
A freeroll won't solve ****.

Lets all take tickets into the Main and call it even
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 08:10 PM
Quote:
Originally Posted by ohsnapzach
Lets all take tickets into the Main and call it even
that sounds about right lol
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 08:23 PM
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 08:31 PM
This is crazy but is it true that the investigators are focusing the three suspicious entrants named Chris Chipmaker, Connie Terfitter, and Doyle Brawtsome?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 08:39 PM
Quote:
Originally Posted by Pokerlogist
This is crazy but is it true that the investigators are focusing the three suspicious entrants named Chris Chipmaker, Connie Terfitter, and Doyle Brawtsome?
I may have run across worse attempts at humor in my life. But not many.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 08:44 PM
Quote:
Originally Posted by Professionalpoker
This was funny but this guy needs to be a little more professional.

A player should've NEVER been the first to realize, certainly not after its now obvious that the chips were in play for quite a while.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 09:01 PM
Quote:
Originally Posted by Pokerlogist
This is crazy but is it true that the investigators are focusing the three suspicious entrants named Chris Chipmaker, Connie Terfitter, and Doyle Brawtsome?
This is so awful it's hilarious

Also props to the guy that posted the cracker chips pic, and double props to the guy that counterfeited the cracker chips pic

gl to everyone with money at stake, chipchop/refund seems to be the fairest method all things considered
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 09:31 PM
Quote:
Originally Posted by cf410
What your reasoning doesn't take into consideration CH is that if the chip dump happened at any time after the first player went out, the percentage that it affects the outcome changes. If the chips were dumped with 1000 players left that gives that group of players a larger boost of extra chips that the first 3000 players out did not have an opportunity to take advantage of, knowingly or not.
Actually, I think it's the other way around: if the chip dump happens into the money, the extra chips are worth less, not more. This is because some of the money was already given out, so each chip corresponds to less of the prize money. So refunding 1% of the buyin (in other words, 5$), to each of the tournament entrants is actually sufficient compensation in this case as well.


Quote:
Originally Posted by Ephixa
you can't be serious unless you are legitimately braindead and can't see how 1m chips spread between 3-5 (presumably, could be more could be less) people is massively different than 50 extra people entering with the purpose of dumping chips
You're 100% wrong. 1m chips spread between 3-5 people is exactly the same as 50 extra people entering and then chipdumping to 3-5 people person. I don't mind being called braindead, but you might want to try to not be so blatantly wrong when you call someone braindead.


Quote:
Originally Posted by cf410
Define 'appropriate refund' please.

Is it everyone who didn't get paid gets 5% of their buy-in refunded? Great. How about the [hypothetical] person at table 25 who happened to win an all-in hand against one of the players who had 100k worth of fake chips and used those chips to make it to and cash out in 33rd place? Or if that same person happened to be in the final 27, knocking out or crippling 40 people on the way?

What is the 'appropriate refund' for the player that had airfare, hotel, and all the associated expenses to come to the tournament to bust out on the bubble by a player who got there with the fake chips (knowingly involved or not)?
Jeez. Results-oriented thinking galore. These hypotheticals don't matter as far as EV is concerned. Appropriate refund is one that considers EV, not "the best thing that could have happened". And, amazingly enough, the appropriate refund is roughly 5$ per entrant. This is what all the drama is about.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 09:45 PM
Quote:
You're 100% wrong. 1m chips spread between 3-5 people is exactly the same as 50 extra people entering and then chipdumping to 3-5 people person. I don't mind being called braindead, but you might want to try to not be so blatantly wrong when you call someone braindead.
Not really. With 50 more chipdumping entries the prizepool will be 50 more buy-ins bigger
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 10:01 PM
Quote:
Originally Posted by cicakman
A freeroll won't solve ****.
lol agreed

$560 plus maybe a freeroll sounds abit better

I drove and get comped rooms. But I had to take off work one day. And there are others who had more travel expenses and paid for rooms. So just the $560 seems a little bit light.

But I'm 90% sure we will get back $560. 7% chance of nothing. 3% chance of $560 plus extras.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 10:02 PM
Quote:
Originally Posted by doublejoker
Guy at my table is in the chip industry. He said no major venue should use sticker chips. Too easy to counterfeit.

Can buy the base chip and make your own sticker quite easily according to him.
This
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 10:10 PM
Really complex situation.say one of final 27 bought in four times. Are they going to get back an extra $560x3?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 10:20 PM
No matter what happens, and NJDGE will control the money end, I would expect some sick offers from the Borgata. You know the 3 free nights RFB and $500 is slot play and limo service and...
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 10:47 PM
The NJDGE will use this incident to show their "muscle" or effectiveness.
BUT, it's already a week.
Do something.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 10:54 PM
worst part of it all is hearing 4000 people acting so entitled and their claims of what they should get for busting a turbo mtt.

Really sucks for the people who didn't wanna wait in the payout line after busting ITM and didn't get paid.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 11:12 PM
Quote:
Originally Posted by Kenneth Bania
worst part of it all is hearing 4000 people acting so entitled and their claims of what they should get for busting a turbo mtt.

Really sucks for the people who didn't wanna wait in the payout line after busting ITM and didn't get paid.

Easy to say when you didnt play
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 11:18 PM
Quote:
Originally Posted by jjjou812
I would rather represent the first player "permanently banned from every card room in the country" if he was a she, non white, muslim, over 40 and, why not, physically disabled than someone who busted out day one of this event.

Ducy Lawhon?
You left out bald senior citizen white guys (with poor vision) - like me.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-23-2014 , 11:59 PM
Ok time some facts .
An arrest will be made Monday. Or I should say the responsible party will be turning themselves in on Monday.
There was NO inside involvement. This will be extremely bizarre as the reasons are complicated. There was never supposed to be extra chips added. It was more of a "set someone up" kinda thing. Any avid poker player knows its impossible to put 200 plus extra chips in play. If so the other 5 million would have been added too. What happened is some of the chips were "stolen" and put in play by probably several people. There are reasons and explanations that simply can't be revealed. Someday maybe? But the of the matter is this was NOT supposed to have happened. The state will be pressing the steepest charges they can by law. After all someone has to take the blame and punishment. I can tell you that the person responsible is at a loss for words at the mess. It is unforgivable, and for many never forgotten. One day the exact story shall prevail. Some time in jail will allow plenty of time for writing a book perhaps. Who knows.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-24-2014 , 12:02 AM
Quote:
Originally Posted by justbecauseican
Ok time some facts .
An arrest will be made Monday. Or I should say the responsible party will be turning themselves in on Monday.
There was NO inside involvement. This will be extremely bizarre as the reasons are complicated. There was never supposed to be extra chips added. It was more of a "set someone up" kinda thing. Any avid poker player knows its impossible to put 200 plus extra chips in play. If so the other 5 million would have been added too. What happened is some of the chips were "stolen" and put in play by probably several people. There are reasons and explanations that simply can't be revealed. Someday maybe? But the of the matter is this was NOT supposed to have happened. The state will be pressing the steepest charges they can by law. After all someone has to take the blame and punishment. I can tell you that the person responsible is at a loss for words at the mess. It is unforgivable, and for many never forgotten. One day the exact story shall prevail. Some time in jail will allow plenty of time for writing a book perhaps. Who knows.
The brainwashdodo of the Borgataboutit counterfeit chip scandal?

Last edited by Wilbury Twist; 01-24-2014 at 12:02 AM. Reason: But seriously, if this is real, thanks for the update.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-24-2014 , 12:10 AM
It's real. I'm the responsible party. Should hit the news Monday.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote

      
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