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Guy Laliberte says he got ripped off on FTP Guy Laliberte says he got ripped off on FTP

05-07-2014 , 05:13 AM
Quote:
Originally Posted by Ayrayray
French here.

He's not talking about collusion in the traditional sense. His legitimate problem was with FTP pros playing him online/live with their "shared/unlimited" Bankrolls from FTP, which gave them an obscene advantage.
Isn't Guy one of the few people in the world that also has an essentially "unlimited" bankroll?
Guy Laliberte says he got ripped off on FTP Quote
05-07-2014 , 05:18 AM
not the smartest guy in the room...why wait 5 yrs to realise uve been had.

also...who cares? losing 20million is the same for him as losin 10$ is to us...u dont complain about that 5 yrs later.
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05-07-2014 , 05:32 AM
It would be nice if Guy could come on here to clarify what he meant
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05-07-2014 , 05:35 AM
Having a really big bankroll ≠ printing money. And feeling ripped off still hurts even if you can afford it. He's not complaining out of the blue, he's answering the 'what was your most lavish expense?' question. By far his craziest spend was clicking that big red button on Full Tilt.

His grudge is mostly that he was being freerolled. He thought that whatever pro he was playing had to fork out the nosebleed money somehow, à la Andy Beal. Instead he realized after BF that they were just clicking reload buttons "borrowing" from FT without pumping from anybody's bank accounts.

It's not a total freeroll because, excluding perhaps the very end, he would have probably gotten paid if he had won big. But essentially the company was backing their top pros against the whale, without him knowing.

I understand why he'd be pissed. As he elegantly puts it later in the article: 'I was done by behind, and I handed the vaseline.'
Guy Laliberte says he got ripped off on FTP Quote
05-07-2014 , 06:46 AM
Does someone remember the pot vs. Benyamine on HSP, where they went allin on the flop with Guy holding two pair and Benyamine the nutflush draw.

Guy was way in front and offered to take a big amount back from the pot on the flop because he said the money meant more to DB than to him and he wanted to be nice.

I unterstand that he is kind of mad, when he finds out later it was not DB money, but basicly someone freerolling against him.

I bought something for 29 Euros last week and found out yesterday that the exact same thing costs 18 Euros in another shop. I dont really care about the 11 Euros difference but still feel pretty ripped off and won´t buy in this shop again.
Guy Laliberte says he got ripped off on FTP Quote
05-07-2014 , 07:31 AM
To a 54 year old guy, facing a circle of kids who discuss hands, use tracking software, take pieces of each other, etc. feels like getting cheated I would guess. Also the guys he faced affiliated with the site with unlimited credit lines also removed his only advantage in his mind, that the money actually was significant to them, while not to him. Add in that they didn't even have all the money, and you get a quote like that. Not cheating, but I think what he meant.
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05-07-2014 , 07:43 AM
Quote:
Originally Posted by 20th Level Ranger
You don't get it. Billionaires hate losing money way more than regular people do. You gotta be crazy greedy to become a billionaire in the first place. You think they make it there then all of a sudden don't care if someone takes their money? No way. Just look at the douchery of Sheldon Adelson. He spends an inordinate amount of time and money in his few remaining years on Earth trying to find ways to prevent other people from getting a piece of the pie and shaving off percentage points from his taxes.

Trust me. Guy is mad. These dudes are just wired that way.

I agree with this statement.
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05-07-2014 , 09:01 AM
He got too cosey with a pack of scammers and guess what happened? It's what they do! He's ventlng like a whole lot of other folks on this site have over other FTP stuff the last few years. Main difference is that he could actually afford it, barely miss it.
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05-07-2014 , 09:51 AM
I wish all the people I played against 5 years ago had had unlimited bankrolls. I'd be a lot richer today.
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05-07-2014 , 10:04 AM
Didnt he lose 5 million on Pokerstas as well, after Black Friday?

http://www.highstakesdb.com/profiles.../Zypherin.aspx
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05-07-2014 , 10:09 AM
Quote:
Originally Posted by LiquidSw0rd
I guess that if any billionaire would really care about ethics, they would just keep like 100-200 millions for them and give all the rest.
You can't be serious? How is it ethically wrong to keep money you have made?
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05-07-2014 , 10:19 AM
Quote:
Originally Posted by Fish Taco
You can't be serious? How is it ethically wrong to keep money you have made?
Because a large % of the Worlds population live on less than 1 dollar per day and are actually hungry. What's the difference between having 1 million or 5 million or 500 million? Very little if any, beyond plain greed and the pseudo ego boost of "look at me I got 100 million, made it all myself too."

I can understand how one might think it unethical to look at someone spending say 5 million (and living like a King, obviously) for the remaining say 10 years of their life and leaving a few 100 other million sit in a vault while half the World is hungry.

Sure, not the dudes fault but overall it's a greed monger attitude that has lead to so many problems in today's World.
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05-07-2014 , 11:04 AM
lol pretty huge difference between having 1 million and 500 million. you can't even buy a truly baller house for a milly
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05-07-2014 , 11:08 AM
In before all the players give back the money to Guy.
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05-07-2014 , 11:11 AM
Quote:
Originally Posted by Ayrayray
French here.

He's not talking about collusion in the traditional sense. His legitimate problem was with FTP pros playing him online/live with their "shared/unlimited" Bankrolls from FTP, which gave them an obscene advantage.
They did the same thing with Andy Beal. I don't get how that creates any disadvantage. Folks are free to do what they wish with their money and if that means pooling it together, then so be it.
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05-07-2014 , 11:20 AM
Quote:
Originally Posted by kjemmy
lol pretty huge difference between having 1 million and 500 million. you can't even buy a truly baller house for a milly
As I said, the only difference is greed and silly ego rubbish like the desire for a "truly baller" house, but when all the rubbish is peeled away there is actually little difference. Both amounts of money will leave any truly well balanced person equally happy to live a very comfortable life.
Guy Laliberte says he got ripped off on FTP Quote
05-07-2014 , 11:27 AM
Quote:
Originally Posted by BustedNuts16
They did the same thing with Andy Beal. I don't get how that creates any disadvantage. Folks are free to do what they wish with their money and if that means pooling it together, then so be it.
I agree. Sounds like a bit of sour grapes to me. Anyone who doesn't follow poker would be lead to believe that he really was cheated and his live game proves he could of also held his own online if not cheated. That is of course not even close to the truth.

If FT was run like clock work with zero free money for anyone and if all the people who played him had played with their own cash, he still would of lost buckets of money, just like he did post BF on Stars.

He played people at poker who had devoted their lives to poker, something he has not devoted his life to, and then whinges when they beat him. It would be like someone buying their way into an NBA game because they could afford to (theoretically, if that were possible) and then moan because they didn't shoot as many baskets as the top guys. His billions put him in the privileged position of being able to play the best in the World at a game he enjoys, that they obviously beat him is just the natural order of things. Get over it, Guy!

Last edited by 5=2+2; 05-07-2014 at 11:56 AM.
Guy Laliberte says he got ripped off on FTP Quote
05-07-2014 , 11:30 AM
A question that should be asked here is, how are the ex FTP pro's doing after FTP closed it's doors?

Hard to play against people that are basically freeroling.
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05-07-2014 , 12:24 PM
Guy played and lost millions on stars too, he didnt get ripped off
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05-07-2014 , 12:38 PM
it's not because his networth is valued at $2.5 billion he can afford to loose $100M

think about your parents, let's say standard house, two cars, life insurance etc.. adds up to $1M networth, doesn't mean they can spend $2k in the casino and not feel the loss
Guy Laliberte says he got ripped off on FTP Quote
05-07-2014 , 12:47 PM
Quote:
Originally Posted by 5=2+2
As I said, the only difference is greed and silly ego rubbish like the desire for a "truly baller" house, but when all the rubbish is peeled away there is actually little difference. Both amounts of money will leave any truly well balanced person equally happy to live a very comfortable life.
lol 1 million in some parts of the world isnt much money at all....
Guy Laliberte says he got ripped off on FTP Quote
05-07-2014 , 01:12 PM
Quote:
Originally Posted by 5=2+2
Because a large % of the Worlds population live on less than 1 dollar per day and are actually hungry. What's the difference between having 1 million or 5 million or 500 million? Very little if any, beyond plain greed and the pseudo ego boost of "look at me I got 100 million, made it all myself too."

I can understand how one might think it unethical to look at someone spending say 5 million (and living like a King, obviously) for the remaining say 10 years of their life and leaving a few 100 other million sit in a vault while half the World is hungry.

Sure, not the dudes fault but overall it's a greed monger attitude that has lead to so many problems in today's World.
Yeah man. It's also ethically wrong for good looking guys to bang all of the hot chicks. I mean, how many good looking girls do they need to bang, for Christ's sake?

If they had any ethics, they'd just bang 5-6, and leave the rest for everyone else. Think of the NVGers in their mom's basement with nothing but a Fleshlight and some Crisco. Have some humanity.
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05-07-2014 , 01:26 PM
Quote:
Originally Posted by SNGplayer24
lol 1 million in some parts of the world isnt much money at all....
What a ridiculous statement. If you happen to live on a certain road in Monaco with two 5 time Oscar winning movie stars on one side of you and a mafia funded Roman Abramovich on the other, or if you live in a mansion in Dubai with a Prince and his brother on either side, then yes, 1 million isn't that much money at all.

Conversely, if you live on a planet where 50 to 100k per year is more than most people earn, then 1 million is a lot of money.

Pay attention to what you are saying!
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05-07-2014 , 01:37 PM
Quote:
Originally Posted by moki
Yeah man. It's also ethically wrong for good looking guys to bang all of the hot chicks. I mean, how many good looking girls do they need to bang, for Christ's sake?

If they had any ethics, they'd just bang 5-6, and leave the rest for everyone else. Think of the NVGers in their mom's basement with nothing but a Fleshlight and some Crisco. Have some humanity.
Of course I see your point. I did state though that I could see how one might think it was unethical. I never actually said that I totally think that. I think it to a certain degree and I believe it to be totally irresponsible, naive and greedy to not at least consider that having say 1 billion and wanting to keep it all forever is at least somewhat greedy and unethical. To be unable to budge from that view is pretty warped to say the least. Not going to be a very nice life for anyone with that level of self centeredness.

It is also worth mentioning that your analogy to hot guys banging more chicks than ugly guys is not really relevant versus the scenario of one human having 500 million stuck in a bank while so many people are hungry. Sex is cool but last time I checked eating was more essential. The ugly guy will still get laid but if you got no food you gonna die, as many are. Kind of a waste that so many people are hungry with so much money in the World. Just saying.

Edit: Actually I do believe it to be quite unethical but I can't hide from the truth either, which is that I am greedy too and certainly don't put myself out to give any more than I can afford to anyone else. Just because I and most of the World are like this doesn't mean it is correct. I guess that is more my point.

Last edited by 5=2+2; 05-07-2014 at 02:02 PM.
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05-07-2014 , 01:45 PM
Quote:
Originally Posted by BustedNuts16
They did the same thing with Andy Beal. I don't get how that creates any disadvantage. Folks are free to do what they wish with their money and if that means pooling it together, then so be it.
Actually they didn't. Against Beal they had to come up with real money to play him. Against Guy they had unlimited borrowed money. Meaning several players never put a dime of their money in. Just borrowed until they won.

Put it this way:
You and I play HU at my home game.
You put real money on the table, and I give you chips.
I don't bring any money, but take out enough chips to match your stack. I also invite a bunch of skilled friends to the game. They don't bring cash either, I just give them chips.
You beat a few of us. We just take out more chips.
We keep doing this until you eventually lose all your chips.
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