I only loan money out to guys who someone else has vouched for and I charge points. You pay the vig each week. Don’t pay, well, I wouldn’t want to be you.

So you’re a loan shark?

try English next time

If I’ve understood correctly, had you lost the $600 tournament you would owe $1600 instead of $1000. They probably done you a favour.

OP should tell the lender that he will never borrow money from him again, no matter how much he begs him to borrow, that he will just have to find someone else to loan money to.

This is why I play only with my own bankroll.

Situations like this can creep in when it isn't your money.

I'd rather play Russian roulette than lend / borrow, especially in the gambling world.

Was the deal in writing? Probably not, then it's wide open to 'change' as either side sees fit. OP needs to fully explain how much cash was exchanged as I'm still a little bad at math.

You lost 800 in tournaments .. why do you owe 1000 and not 800? Did you keep the 200 and give 600 back to him 'to hold'?

Why do you need a bank if you have cash?

I tend to agree that by not letting you play the 600 tournament you are 'ahead' in this spot.

I'm not sure how the coffee thing fits into the story .. no coffee maker in the room?

I'm somewhat interested in more of your story about traveling around for 3 weeks and yet looking for staking deals along the way. GL

How are you even supposed to pay the guy back if you need to be staked 1600 dollars?

Thanks alot for your response I appreciate it. Yea exactly . I been enjoying the freedom last year or so playing poker more so than before , playing the events I wanted to on my own dime , enjoying cities I haven’t spent much time in in the past feel like it’s adding years to my life .I love it .just this past trip exhausted my bankroll I kept aside for this particular trip not touching whatever I kept aside for wsop to play some tournaments I’m looking forward to . I took someone’s offer to travel to Vegas who haven’t really done any money exchanges with in the past and take this loan with a pay back period and amount I feel comfortable paying back within that time frame . Unfortunate I didn’t get to play the events I wanted to ,and yea I’m now done with it . Never played a wsop event before am hyped about in October , if nothing sticks this time will def take your advice and find some work. Appreciate it

It should’ve never happened in the first place. I’m not too comfortable writing up deals in the first place

I know I don’t have much experience with this I don’t know about him . No I didn’t overstate anything that’s what deal was way it was . True I shoulda checked if I coulda preregistered couple days in advance

If I knew I only had a 1000 I woulda made sure I saved it for that 600 as that was biggest guarantee going on that week

How many sugars?

True

Yea thanks I really hope I don’t find myself writing up a deal again but if it does Happen will try to improve my communication skills

Ki? Han? Que?English??? No comprendo

100 percent

Deal was made via txt message on phone . I had the whole 1600, lost 800 in tournaments . As 600 tournament was in couple days maybe for covenience sake he didn’t have cash to do whatever he wanted so I gave him 600 back under the impression I’ll get it back in time for the last flight of the tournament which I never got to play .whatever it’s done now

Coffee thing was just stupid . I was just mad. I’m used to staying in my own when I’m playing tournaments waking up when I want , this time shared a room for the couple days in Vegas . I guess he wakes up at 6 am and I don’t , especially not in Vegas and woke me up asked me to get him coffee from downstairs lol . I used to work morning shift at applebees, left it for that reason . I wasn’t too thrilled about it but since he’s the one who arranged the room comp or whatever , I just did it but never again.

I ran out of bank roll traveling for 3 weeks , so decided to try out this deal , was optomistic about it for the next couple days in Vegas

I set a time frame where if things down work out in October I’ll be working in November so by January would be taken care of

Thanks for taking the time to address a lot of comments .. not many OPs take the time to do so. Most of the posters here really do want to grow the game and offer assistance from their point of view. I'm not trying to be a dink here .. but ..

1) Texting is 'in writing' these days and although paper is a much better option if you need to define the (various) terms PLEASE continue to use some form of communication (paper, text, email, voicemail) to solidify any future agreements.

2) Your follow up explanation of the events was much clearer. There's probably a lot less surprise on our end that once you gave up the $600 it was never really coming back to you .. especially in Vegas with 36-48 hours. Although the 'it's my money anyway' argument is very weak it was probably better to defer at the time, especially since you were a guest in the room as well.

3) Are you planning to grow your bankroll for the WSOP .. or did you have a reserve bankroll 'back home'?

4) Applebee's doesn't have a morning shift ... GL

I appreciate the community here for looking out for a newcomer like me who doesnÂ’t have a big track record of success in poker with helpful advice relating to the game on or off the felt. . Most of the feed back has been very helpful! Thank you for that.

1- copy that
2- I shoulda known better
3-no my bank roll is on pause for now . I did take a solo trip to ac this past weekend play little cash , profited the first day then decided to move on to a bigger game the following day lost profits plus some ,canÂ’t do that again .I am done with live poker til wsop as thatÂ’s what I mainly play. Might play a little online if really feel like seeing cards depending on how I feel .Played some beer pong with my lil bro , spent time with dog playing fetch outside in this east coast weather while itÂ’s still pleasant . Have no idea how long my wsop venture will last could be real short ,but if it does last through out the series , east coast weather will be cold when I return so just enjoying this time here while I can .

4- itÂ’s been quite a while lol maybe I confused it with 11 am shift . Probably was a bad analogy . Pretty much meant to say being forced to wake up when donÂ’t really feel like it .

Gl to everyone in their respective games

So some older gentleman acquaintance offered to loan you money and share a hotel room? Maybe he thought there was more to this agreement...

I didn’t have sexual relations with my backer.