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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*

01-17-2014 , 08:21 PM
talk about tilting for the remaining players
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:24 PM
Quote:
Originally Posted by TJay
This is what the 10-20% rake is for (no idea what it was in this particular tourney).

The rake is there to a) cover the expenses to run the tournament b) guarantee a safe and fair tournament c) profit the casino so they have incentive to run future tournaments.

The casino failed on b) and they have to make it up to the players.

A portion of the rake should be viewed as "insurance" to the players. There is a reason the WSOP ME doesn't take place in a private hall rake free. Players pay the 9% rake to ensure a safe/fair tournament.

By accepting the rake, they also have the responsibility to prevent cheaters like this.

Because of that, the casino should be responsible to make this right. Every single busted player should get a 100% refund. Players already paid should keep what they received, and the final 27 should play down for the posted prizes. All top 27 prizes should be held in Escrow for 3-6 months, and if no one is caught, then paid out.

If anyone is caught in the top 27, the casino should get to keep their money to help compensate paying out the 90% of the field that busted.
Agree on every point, very well reasoned. (Ideally the investigation could be completed in less than 3-6 months tho)
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:25 PM
Quote:
Originally Posted by Royal17
I played in this tournament and I joked in the other thread "i want a refund". In reality I dont want a refund. I feel bad for the 27 players left (of course if they didnt cheat)

Its just upsetting that I pay $60 along with everyone else (nearly $300k on fees...if rebuys paid $60?!?) to ensure that dealers are competent (as others have said LOL...i understand its a big tournament but some of my dealers were horrific) and that the tournament is secure.

I spent 8 hrs playing day 1 (busted out near last level) and now I find out I may have been cheated. It just stinks.
So borgata makes out with 300k off of us while not doing their job.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:26 PM
Quote:
Originally Posted by TJay
This is what the 10-20% rake is for (no idea what it was in this particular tourney).

The rake is there to a) cover the expenses to run the tournament b) guarantee a safe and fair tournament c) profit the casino so they have incentive to run future tournaments.

The casino failed on b) and they have to make it up to the players.

A portion of the rake should be viewed as "insurance" to the players. There is a reason the WSOP ME doesn't take place in a private hall rake free. Players pay the 9% rake to ensure a safe/fair tournament.

By accepting the rake, they also have the responsibility to prevent cheaters like this.

Because of that, the casino should be responsible to make this right. Every single busted player should get a 100% refund. Players already paid should keep what they received, and the final 27 should play down for the posted prizes. All top 27 prizes should be held in Escrow for 3-6 months, and if no one is caught, then paid out.

If anyone is caught in the top 27, the casino should get to keep their money to help compensate paying out the 90% of the field that busted.
I enjoyed and agreed with your post with the exception of not paying out the players . Should 23 players suffer for 3/6 months because 4 may have cheated ? No . Pay them / investigate / bring criminal charges / ban from casinos
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:26 PM
Quote:
Originally Posted by MaxRhino
Did borgata itself say there are counterfeits or is that just a presumption that ran out if control when people realized the count discrepancy?
Guy before was right, they aren't gonna halt a 5000 entry tourney for 24hrs on a hunch there might be fakes. THERE WERE FAKE CHIPS.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:29 PM
Quote:
Originally Posted by MaxRhino
Did borgata itself say there are counterfeits or is that just a presumption that ran out if control when people realized the count discrepancy?
The tournament was stopped because the game may have been compromised. I don't think this is a false alarm. Plenty of press on this one. http://www.pokernews.com/live-report...prelim-events/
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:29 PM
this is gona be like the most watched "floor" ruling of all time
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:31 PM
Those of you asking for Tab to weigh in on here have to put yourselves in his shoes. 2p2 is probably so far from his mind right now. I'm sure Tab and his crew have been scrambling all day trying to deal with this. He'll comment eventually but I doubt it will be soon.

As for WPT/Borgata, I hope this doesn't hurt their partnership. This probably could have happened at any venue running this size event. Precautions obviously need to be taken in the future to prevent anything like this happening again though. Hopefully those precautions will be adopted industry wide.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:33 PM
Quote:
Originally Posted by metdude3128
the problem though is what about a player who was busted by a player who had counterfeit chips, and the counterfeit chips are what made the winning player cover the losing one? Im sure there are players who fell victim to this. Even if the player did not have them knowingly, the chips were in circulation and could have been a part of any players stack.

It compromises the ENTIRE tournament. and any player who busted would have a reasonable complaint against the casino...however I do not have a clue on how you could remedy this. The Borgata may haveto eat this and start refunding bullets, just to retain their statue in the poker community..
+1... Also, for anyone who says they should do a chip chop or play it out, what if, hypothetically, 4 of the last 27 are cheaters? Additionally, what if thee is no surveillance video and they can't prove anything? Again, hypothetically, if they refund everyone, the cheaters didn't 'get away with it'...
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:33 PM
If they do refund all players, Chainsaw would be insisting Hendonmob list it as a min-cash.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:34 PM
Quote:
Originally Posted by kk405
I know it is very costly, but I don't understand how tourneys use the same chips for 5, 6 or even 10 yeas... They should have 3 different sets, use different ones randomly... Borgata ME have had the same chops for the last 6 or 7 years... Same is true with other venues too...
Huh ? So u think counterfeiting 1 set of chips is profitable but counterfeiting 3 sets wouldn't be ?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:35 PM
Time for RFID chips?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:37 PM
Any chance this chip # discrepancy was due to error during color ups? No idea if 1M+ chips could be added this way, but I haven't seen this speculation yet in this thread. Obv moot point if counterfeit chips are 100% legit identified.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:38 PM
Quote:
Originally Posted by FRYTWO
I don't think there will be a refund but I guarantee there will be plenty of lawsuits especially from those who fired more than 2
bullets
If they don't refund the buy-ins, some lawyer will file a class action lawsuit, make a boatload, and those who didn't cash, will get a check for $5.50
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:40 PM
Quote:
Originally Posted by illini43
Any chance this chip # discrepancy was due to error during color ups? No idea if 1M+ chips could be added this way, but I haven't seen this speculation yet in this thread. Obv moot point if counterfeit chips are 100% legit identified.
I said this like five posts ago
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:41 PM
Quote:
Originally Posted by ChipKatcher
So borgata makes out with 300k off of us while not doing their job.
I will say they should not profit in any way from this event. Not sure what a proper resolution is....
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:43 PM
I'm telling you inside job. Player approaches floor person who is a friend with idea I'll give you $5,000 swap this two racks of fake chips for real chips when your out of site of cameras when pushing chip cart. Or setting up tournament chips. Reason for my silvers looking funny when I re bought. When I saw the initial pic I thought the chip on right was real chip because that's what mine looked like and felt weird. Cheaters now bring in official borgata chips instead of fake ones so they aren't questioned. No ones gonna question a rentry with a fresh stack with 3 fake silvers all looking the same.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:47 PM
Refund all buy ins and all money people lost on table games for being tilted from losing to cheaters it was a ripple effect!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:51 PM
There are places in borgata with no cameras?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:51 PM
Quote:
Originally Posted by Royal17
I will say they should not profit in any way from this event. Not sure what a proper resolution is....
Give back the $$ collected for buy-in and juice.

Comp everyone who bought in with a $100,000 freeroll online. The best $100,000 they could spend at this point.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:53 PM
Quote:
Originally Posted by PeteBlow
If they do refund all players, Chainsaw would be insisting Hendonmob list it as a min-cash.
Good one.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:55 PM
Quote:
Originally Posted by cicakman
There are places in borgata with no cameras?
The ceiling is very high in the conference room tournament area. Poker room itself has way better surveillance
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:57 PM
Quote:
Originally Posted by metdude3128
this is gona be like the most watched "floor" ruling of all time
No question. Short of an entire refund beginning at the time the tournament was compromised, it will be difficult to make everyone happy. And even then, you've got to pay out the 27... no matter what, these players must be paid. But, the ruling will be by gaming. It's the Borgata with millions at stake. Anytime there is lots of money in the game, there will be cheaters looking for an advantage. But, I agree with some of the guys who commented that there is a reasonable expectation that the Borgata assumes the responsibility to protect the game. This situation may also may change the way tables break and the chips are handled at a lot of tournaments. There maybe a precedent created at the Borgata by this ruling.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:57 PM
The floors decision, no matter how misguided, is final.

There is no good fix for this. How about the person on the bubble, who may have been knocked out by someone that shouldn't have chips in the first place?

Were the 5K chips in play from the beginning or introduced during a color-up?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-17-2014 , 08:59 PM
Quote:
Originally Posted by cicakman
There are places in borgata with no cameras?
In that event center I'm sure there's an area with no cameras: maybe where the chip sets are set up there's a camera outside the room but not in I've worked in casinos and seen rooms without cameras. Maybe a floor person had access who ever is setting up chips has two grey racks walks into an office saying he didn't want to leave the chips laying around has fake chips in a bag in there easy swap. And who knows when it was done he swap coulda been in the fall open they just now got to the fake racks of chips.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote

      
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