Wait til tax time. Folks will pay tax on the 1000 10-99 but only get 700. Like winning a boat or car. The car lists for 60,000 but you can buy for 45,000. 1099 shows full amount.

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It's taken 17 months but it looks like Dan Bekavac is going to make the affected players whole.

"I've promised to make everyone whole, and even though it's taken some time, I'm finally in a position to do so.," he said.

https://www.pokernews.com/news/2022/...avac-40912.htm

Can confirm he is in touch with most players attempting to make arrangements. Hopefully it happens and everyone is made whole. Will know soon enough.

I don’t understand why Chad thinks people are about to get paid.

Dan has made no contact with me or replied to my communication, ever.

I’m starting to think it’s just simple infatuation between chad and dan. What else could explain this gullibility?

Weird weird story. How suspicious were you when they started to register you on PokerBros OP?

Hopefully he comes through .. I played in the cash game that week and went thru some 'not normal' procedures but was treated very well by all involved.

Plenty of stories in the poker world where bets and borrows were either delayed or never paid. He obviously wants to continue to be 'seen' but making good will at least take some of the sting off the stories that will follow no matter what he says or does. GL

What does that mean, Chad:

"can confirm in touch with most players attempting to make arrangements."

How can that be "confirmed"?

Do you have contact with "most players" yourself, to "confirm" what communications were made ?

What do you mean "attempting to make arrangements ?

If the guy has the cash to pay, it would be simple for HIM to contact the unpaid players and, using Paypal and their email addresses for example, simply send them what they are owed ?

THAT having actually occurred, would be newsworthy. A "the check will eventually be in the mail" story is not really something of substance....

Any update from ANYONE getting made whole would also be newsworthy and maybe a list could be posted on here ?

There's been a 'Dan' sighting at Firekeepers in MI playing the MSPT $1100 event today. Probably 300k up top .. meet him at that cage?

Chad will keep following up on this story as 'new' information comes to light. It would be really great if someone could confirm a payment being made since he scored big earlier this year. GL

Haven't read all the updates any lawyers involved yet? This seems like a tourney old school cicero gangsters would set up, if they plopped into present day.

Hey, buddy .... made some decent money in Cicero about 50 years ago at poker and the track. (Hawthorne, not Sportsman)

Paid for a vacation to the Cayman Islands one winter, better than freezing to death in Hyde Park along the Lake.

Looks like Dan busted late in the day. Will he return today? Maybe .. 'Good' reporting by Poker News to spot a Player who may get a few clicks .. GL

This prick is now at the final table as the chipleader at the MSPT Firekeepers Michigan tournament. Well over a $2 million guarantee. First place is $333,144. There are 7 players left.

This just about ends me ever believing there is any type of karma. This scumbag cheated winners from the silver/money from a fraudulent tournament he ran and now has won a large score recently and on the verge of winning another huge score.

You just gotta shake your head. Watch Maurice win the main event this summer too.

This is precisely how laws of nature work.. the narcissist always rises to the top.

I’d be worried if I were him that karma does exist and it’s the eternal type.

Lol, guess who just won his 4th MSPT title last night at Firekeepers.

Can someone clarify? Did he steal on purpose?

If he cannot payout 100k in cash, but give 100k in metals, where does the 30% missing value come from? It is not like buy/sell difference is that high?

From what I've read in the thread, they are alleging that he was using an inadequate valuation of the 1oz silver rounds being used in lieu of money. E.g., owing someone $1000 for the payout, handing them a stack of silver rounds and saying it's the equivalent of $1000, but at current spot prices the silver was only actually worth $700.

You'd have to reread this thread completely, but I believe there were two issues at the Midway tournament.

The first being that the silver wasn't 'on site' Saturday when Gaming showed up for an audit of sorts. This may or may not have spooked the original silver supplier and 'method' of payment .. which (I believe) was basically handing over silver to a Player and having them walk to next room/parking lot and exchange it for money. AND quite possibly keep reusing the same silver for each cash out over and over, which Gaming was going to have an issue with as just a way to side step the 'no money/cash' as a prize policy. This was a way for Players to get 'equal' cash day of ..

THEN, when they actually found a supplier (very late Saturday or early Sunday morning) with enough silver to hand out 'the charity' overpaid for it by a lot. Illegal? Not sure/very questionable as the supplier set the price and there was 'no way' that the Players would be able to sell the silver for what the charity paid for it. So although the charity paid $100 for the silver per se, it's street value was much less which, of course, devalued the actual prize by an estimated 30% or more.

So, IMO, the original method was thought to quickly exchange 'whatever' amount of silver for the proper place prize in cash. But then Gaming came in and said that's not how things need to be done and the wheels fell off at that point in time.

Where did Dan go wrong? Looks like quite a few places, but the main issue was that he didn't show up on Sunday to handle/stand by the fiasco that the Charity was going through, which certainly led Players to believe that this was his plan all along .. perhaps getting a cut of the profit that the silver supplier made off the sale to the charity.

There was talk of Players not being able to redeem their points on a poker App that Dan was an agent for .. being accused of some sort of cheating. This was spawning from chatter that Dan was not able to cover speculated losses by Dan on the same site.

There's a lot of speculated 'on purpose' talk. While there's no denying that Dan 'ran' from the situation there's also no denying that Dan has said or (long term) acted in a fashion that would suggest that he wants to make things whole.

In my brief interactions with Dan I can't blame anyone who comes away with a 'furniture salesman' impression, but I also think that he has a deep love/interest/passion for poker and saw the MWay Tour as a way to grow (and profit) from the game. While he may have gone about his business with a 'Tucker' mentality it appears that he's attempting to close out the chapter.

Poker is not really a 'place' you can hide .. You can certainly speculate as to why he's making things whole. He wants to continue to play, he has PokerNews over his shoulder or many other angles that folks can come up with to generate chatter.

Whether you believe his intentions were 'original' or 'forced' because the poker world was watching the true test will be in the next month or so as Dan now has an opportunity to put this to bed. At that point in time you should really just keep your feelings to yourself since it's really just kicking a non-deposit can down the street for the hell of it. GL

From what I remember of the story don't think Dan is nearly 100% to blame and making players right with his own money is above what was ethically required.

Oddly this is just defacto paying players cash for a tourney they weren't allowed to get paid cash but no one cares at this point. The guy who sold the silver seems to be the real winner.

Yes, depending on the amounts involved these are just 'gifts' from Dan (as a person) to the affected Players. They are not (should not be) from Midway Poker Tour, LLC (or whatever it is/was) or from the charity .. they are from Dan as a person.

Most Players don't look at these types of poker events as a charity event when in reality it actually is a charity event by law. And most of the time the charity relies on the 'Supplier' (Michigan word) to assist them in the operations of the event for a fee. The charity is actually the responsible party to the Players, but you don't see many people 'go after' a charity.

in this case here MWPT was not a good 'hire' by the charity and the event was a disaster.

You'll notice that HPT, MSPT and WSOPc were at casinos. Those are not 'charity' events. While you can be certain that Dan's vision included 'profit' for MWPT, it also included helping out charities rather than 'corporate' while offering poker players alternatives to put on their schedules. GL

Like clockwork the couple of Dan defenders are in this thread now minimizing his role in not paying the winners. I'm not even surprised at this point.

It really is amazing that unless someone does postle or russ hamilton, poker scum will find people to defend them.

I know, it used to surprise me somewhat but now it has happened so much it's par for the course. These 2 that just came in the thread today are literally writing novels trying to minimize Dan's actions and behavior. I'd laugh if it wasn't so pathetic and sad.

Here's this little gem today from 1 of Dan's recent defenders:

"In my brief interactions with Dan I can't blame anyone who comes away with a 'furniture salesman' impression, BUT I ALSO THINK HE HAS A DEEP LOVE/INTEREST/PASSION FOR POKER and saw the MWay Tour as a way to grow (and profit) from the game."

A deep love/interest/passion? Who gives a crap! The guy scammed his tournament participants for 2 years and rather than do everything he could to make them whole BEFORE he played MSPT events, he chose to play 1k buyin tournaments instead. And only after binking one did he do the right thing. This guy is another pure scum shady as hell poker scammer. But his recent defender wants us to know how much PASSION he has for the game lol. Give me a break.

Actually after learning of his love and passion for the game I've changed my opinion of him 🙄


Amazing the stuff some people come up with

Doesn't it make you feel all warm and fuzzy inside? The scammer actually has a passion for poker. Aw how sweet.

A bunch of people in Chicago gave someone tons of money in a place where poker really isn’t legal and gambling debts are definitely not enforceable. What could possibly go wrong.

The mob would have run a more legit game there and everyone gets paid ironically