Well summarised, spot on analogy imo.

erica has no taste in men

I remember DN saying he was cash broke a few years ago. I remember thinking it was pretty cool for someone to admit it to the world. As far as loaning a degen friend money it wouldn't surprise me at all. There were strong rumors that he paid, not loaned, 60k for a friend to go to rehab several years ago.

If you can get me some info, I'll investigate.

Wow. His take down of Lindgren was brutal. Just shows you the power of the internet: anyone trying to whitewash this as "old school versus new school" can no longer do it with a straight face. Over. Done. Forget it.

Not saying that was Daniel's intention in introducing the topic. Surely there are "old versus new" differences that Daniel is no doubt uniquely qualified to address. Can't wait to see the video.

Just saying that Lindgren is more or less toast now. A degen gambler kept afloat by a corrupt organization, whose tide has finally gone out. And the garbage left behind is much greater than anyone had originally thought.

--PP

DN is so very nice and understanding about Erick's situation. I am sure he will show the same understanding attitude in his broadcast on the Epic Poker League.

I thought old school was the baseball bat approach? I am so confused.

Nah, old school is apparently that everyone just owes everyone money and nobody talks about it so they can all portray themselves as balla.

There's also a nice analogy in the "old school versus new school" in Full Tilt versus Pokerstars...... FT was run by old school poker players, and their business incompetence and immorality is there for all to see.

Sure, this type of behavior may have been acceptable when it's a gentlemen's agreement between two old school players about how to handle a debt. Hell, it's not even immoral if both sides live by the same code of ethics. But when it involves thousands of other innocent bystanders? When it's about managerial competence? Basic accounting? The IRS?

FT was the epitome of a poker site run by "old school" poker players. Pokerstars seems to be new school. One died a pathetic death, taking down hundreds if not thousands in the process. The other seems to be chugging along quite well, immensely profitable, grounded in modern management theory......

Just sayin'......

--PP

better if daniel have not spoken at all on this, obviously just trying to defend his friend by picturing it like its an everyday thing.
he even uses the some people "get it" shtick, so that if you want to be in the elite group of people that "get it" you should give Erick a break, and understand its happen all the time, lame.
good thing Haralabos is here to show the real picture.

Everyone shocked that all these well known pros are such scumbags need to remember that most of them made themselves famous from full tilt poker ads and tv shows. You probably wouldnt even know them if they hadn't paid for fame.

I hope Daniel also addresses in his video the responsibility celebrity poker players (or celibrity gamblers in general) have to alert the wider public of close acquaintances that are serial liars, scammers, or consistently refuse to pay back debts. After all, these deadbeats oftentimes scam off the fact that their close friend is a well known and respected poker player.

Haralabos clearly feels like a hypocrite for not widely publicizing this earlier, hoping to keep it quiet in order to ensure he got most of his money back. Can't say I blame him, I probably would have done the same thing. But I would be a hypocrite, as well....

Does Daniel feel in any way responsible for not saying more about Lindgren? If he was scamming 2k form fantasy leagues, surely his degeneracy had gone well beyond the confines of "old school" poker players. And surely some of those that dealt with Lindgen noted his close association with Daniel as a huge positive..... And surely, surely, Daniel knew a hell of a lot about Lindgren's behavior. My guess is that Haralabos even contacted Daniel over the years to ask for advice on how to get some money back (although Haralabos never says this, so perhaps I'm wrong).

In "old school poker," I suppose everyone knew who the deadbeats were. But now that poker has gone mainstream, there are thousands more "marks" out there, many of whom look at Lindgren's close friendship with Daniel as evidence of Lindgren's character. Innocence by association, if you will....

I'm surely not saying Daniel is responsible for Lindgren's behavior. That's 100% Lindgren. I'm just saying you can argue that Daniel help perpetuate it (and Haralabos, as well, and whose post I respect immensely for its candor) by not speaking out earlier.

--PP

Horrible, almost shameful spin on what is really being discussed here.

Sick as a Edog mate

lol

A lot of people who made bets w erick were warned about the tendency to slowpay. I had some bets with him even after i was warned by both haralabob and ivey. I warned many people about the slowpay tendency. It seems to me that erick is a bizarre combo --- super nice/generous guy, and impossibly degen. He's not mathematical/logical in his approach, and he's extremely optimistic; I think he believes most of the time that things will work themselves out. I was owed a high amount for a while; someone interceded and paid me instead of him and that was the end of it. Erick would generally collect as quickly as possible, and pay as slow as possible, with the goal of always being 400% in action. It was the desire for action that drove everything.

I believe that the craziest time for erick was around 07. This was the first time I had substantial interaction with him. Carlos Mortensen had just won the WPT Champs for just under $4 mill (where did you go, 2007?) and erick's share was not far from 3mill. I was playing in a poker game with him that weekend, and he left to watch the end of the final table. He brought the 3mill into the bellagio poker room; a rack of cranberries and a rack of flags. Two days later, he asked me to borrow 30k to fund his staking stable, and I gave it to him. I believe, based on subsequent events that summer, that the 3mm evaporated in the intervening two days. It's likely that he paid off past debts with the entire amount. He then seemed to struggle for the summer to fund his stable of horses, which seemed quite huge at that point. There seemed to be a paternal thing with the horses that went a bit beyond action. I could never comprehend much of Erick's gambling action after 2007. I recall that Haralabob had extreme patience in what seemed to be a taxing situation (once Erick sat down with Bob in a 200k buyin game and left with a full stack). Look at the people erick owes/owed (bob, and now a new group such as ah_snap that appear to be very sharp)... the pattern seems to be that erick loses to very smart people. He doesn't really seek easy edges. I believe there is something b/w a will to lose and an appreciation of the underdog position in his gambling personality.

BA

A gamblers word is his bond.... lol

Brandon Adams outing erick now! Who's next?

Lie about paying back a measly $2K and shrug it off as "old school." LOL.

I guess Lederer and Ferguson are just being "old school."

In before the silly bands guy from hsp calls out erick.

This is also pretty LOL funny.

i actually get a reg poker player in my bar a lot and when he's had wins over 600 in a night he will typically spend a lot buying drinks and tips double. so yes, he does have an affect on the community. Especially my small business.

In general, I've got nothing but respect for Daniel. That said, I think his thinking on this topic (old school vs. new school) is incorrect, and seems like a way to justify degenerates owing people large sums of money for years without communicating with their debtors or making more than token efforts to make it right unless they are continuously hounded for the money.

His example of owing Mercier money is nothing like what we've heard about Erick in this thread. Mercier didn't have to ask him repeatedly for what he owed, and Daniel didn't constantly lie and try to cover his ass with extremely lame, transparent excuses for why he hadn't done what he had previously promised to do (pay up).

I hope Erick eventually makes good on all his debts, but let's not kid ourselves about what's going on here. Erick is chronically gambling with money he doesn't have and banking on some big score, or continued loans from others, to make good on his outstanding debts. With the FTP well now dry, it sounds like he's in a really bad spot, but instead of being honest with the many, many people he owes and trying to make things right, he's still gambling and lying.

Erick isn't just an old school guy. He's taking advantage of an old school mentality that "whenever" is an acceptable time frame for repaying debts. If both people agree to that, that's absolutely fine. When one of the gamblers doesn't agree to that, it's hardly fair to just brush off Erick's constant slow rolling on paying back as just an "old school mentality".

Just my take on the situation. I'm not a high roller, but this is the way it appears to me as an outsider.

who let the edog out..woof woof

He's not broke, he's just cash broke'

there isnt an excuse. you stole millions thru FTP and now thats over, you are OVER!!!!

These guys who have dealt with ur *******ness over being paid back kept quiet just so the possibility of being paid was kept open.....

now you cant scam thru FTP , better put erica on the street and make her get the money back!!!


DREAMCATCHER AVENUE!!!!!!!!