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A STATEMENT FROM ELI ELEZRA

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01-29-2019 , 03:53 PM

#26

Jlip

enthusiast

Join Date: Jul 2014 Posts: 94

Quote:

Originally Posted by Lemon93PCTSure

For winning players Poker is his Job/income and a lender should always want the person who owes him money to make money.

He then has to pay though when he does make money, Eli just ignored CTS it seems on purpose.

And it seems very disrespectful to make statements without first reaching agreements with CTS privately, and either pay in full or agree a resumed payment calendar on the remaining amount

First of all you are assuming Eli is a winning player. In the games he is playing he may be he may not be. But I see that as irrelevant. If somebody owes me money and I see them playing poker or spending money in any way I see it as them spending my money. If he treats his poker game as income generating that’s fine but he shouldn’t be using money that he could be using to pay back his debts. That being said obviously certain people don’t make paying debts a high priority and it’s obvious this is the case here. If it wasn’t we wouldn’t be having this conversation....

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01-29-2019 , 03:57 PM

#27

Gzesh

Carpal \'Tunnel

Join Date: May 2011 Posts: 7,723

Quote:

Originally Posted by capone0

The book isn’t going to earn much.....

Perhaps not, but it may gross something, would show good his intentions, and, the arrangement could be extended by further agreement to a % of any tournament cashes in Nevada.

Not a bad mechanism for any sort of staking arrangement for the WSOP either.

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01-29-2019 , 04:03 PM

#28

squid face

ChatThreadPrez

Join Date: Dec 2009 Posts: 11,811

Dammit I was sure it was periwinkle!

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01-29-2019 , 04:03 PM

#29

kingofcool

Carpal \'Tunnel

Join Date: May 2011 Posts: 11,043

Quote:

Originally Posted by capone0

Don’t most debts, such as mortgages take, 15-30 years to pay back?

Obviously borrowing from institutions with fees, interest and contractual terms is different from borrowing 100k from CTS under the assumption it will be paid back asap.

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01-29-2019 , 04:04 PM

#30

eli elezra

confirmed

Join Date: Jan 2019 Posts: 89

Quote:

Originally Posted by cts

I've reached out to you via both text and Twitter DM pretty much every year for the past decade when I see a headline about you cashing in a tournament. This is from June 7th last summer (2018) when you had a big score at WSOP:

There was no room for misunderstanding on your debt. It was an extremely simple spot where you borrowed $100k from me, slowly paid back $60k, and then eventually stopped responding to messages from me. You never disputed any of this as the text message I shared in the last thread showed (which was ~18 months after Full Tilt went down, this has nothing to do with Full Tilt).

I kept this "arrangement" private for ten years until you decided to run a PR campaign about how you've always paid your debts. You've ignored messages from me for the past 5 years, and are now implying there is something more to this situation (there isn't) so forgive me if I'm not interested in now all of a sudden interested in discussing this privately.

I just left you a voice message on your cell phone, Cole. If you really want to talk, call me back. I think you'll like what I have to say to you.

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01-29-2019 , 04:06 PM

#31

wahcheck

journeyman

Join Date: Aug 2011 Posts: 249

"When a poker player decides to lend another poker player money, they do so with the inherent risk that it might not be paid back."

This part of the statement is the worst, IMHO. It seems like justification or some lame excuse for not paying back your debts. It could definitely be, as they say in poker terms, a "tell".

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01-29-2019 , 04:10 PM

#32

spimp13

Pooh-Bah

Join Date: Jul 2010 Posts: 5,953

Quote:

Originally Posted by eli elezra

I just left you a voice message on your cell phone, Cole. If you really want to talk, call me back. I think you'll like what I have to say to you.

The check is in the mail?

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01-29-2019 , 04:13 PM

#33

JohnCleese

old hand

Join Date: Aug 2012 Posts: 1,936

Is the guy who helped you write this Mason by any chance?

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01-29-2019 , 04:15 PM

#34

golfbum983

old hand

Join Date: Apr 2013 Posts: 1,943

Lol, people owe me 2 million, whenever I borrow money, they should keep it private and not tell anyone lol

However I didn’t want to move down stakes so I borrowed money, I won’t say how much or from who bc it’s No ones business

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01-29-2019 , 04:17 PM

#35

capiscc

grinder

Join Date: Mar 2011 Posts: 675

Quote:

Originally Posted by capone0

Don’t most debts, such as mortgages take, 15-30 years to pay back?

Indeed they do, but those loans are backed by collateral and the lender is always making a return (monthly + Interest). Stalled payments and failed communication would not make a bank happy.

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01-29-2019 , 04:18 PM

#36

daviid

veteran

Join Date: Nov 2009 Posts: 2,639

Quote:

Originally Posted by eli elezra

For whatever reason, Cole South felt the need to make a public post about a private arrangement, and I already made it clear in my original response that he has a misunderstanding of the facts. He could have contacted me privately or even by private message here on 2+2 if he wanted to. I don’t ignore text messages and haven’t seen him or gotten a message from him in years. I haven’t been hiding anywhere and it’s not hard for anyone who wants to get in touch to find me.

lol you really think people you owe are supposed to make an effort to get in touch with you to get paid

this is obv ridiculous and you posting this says a lot about how you think debts should be handled.

it is not supposed to be easy for people to find you when you owe them, you should do anything to keep in touch with them in order to pay your debts.

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01-29-2019 , 04:18 PM

#37

Xenoblade

Pooh-Bah

Join Date: Sep 2017 Posts: 3,891

Can I ask why you didn't want to play lower stakes when you couldn't afford high stakes, isn't that what degenerate gamblers usually do?

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01-29-2019 , 04:21 PM

#38

JohnCleese

old hand

Join Date: Aug 2012 Posts: 1,936

If what Eli says is true then why would anyone ever lend a poker player any money under any circumstances in any situation ever?

Quote

01-29-2019 , 04:22 PM

#39

Carl Trooper

veteran

Join Date: Aug 2009 Posts: 2,683

Quote:

Originally Posted by kingofcool

Spending 10 years paying back a 100k debt is inexcusable by any cultural standard. I doubt Cole would have cared if you paid back the next day or not.

Do you owe Abe Mosseri 7 figures? How is your relationship with him today? Do you use a vpn?

Lol what?

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01-29-2019 , 04:26 PM

#40

wahcheck

journeyman

Join Date: Aug 2011 Posts: 249

Quote:

Originally Posted by JohnCleese

If what Eli says is true then why would anyone ever lend a poker player any money under any circumstances in any situation ever?

Money probably separates more people, friends and family than most anything else. Many years ago, I started trying to live by the saying, "Neither a borrower or lender be," when it comes to money and people.

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01-29-2019 , 04:27 PM

#41

iTzLifestyle

Carpal \'Tunnel

Join Date: Jul 2011 Posts: 8,011

To think all those times I borrowed money when short at the poker table I didn’t actually need to pay it back. Thanks for the info Eli.

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01-29-2019 , 04:28 PM

#42

babe

stranger

Join Date: Mar 2012 Posts: 2

I think we all have heard at least some of your **** from our debtors and that is crazy. Posting this stuff in public and thinking it makes you look good without swiftly paying what you apparently undisputedly owe is

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01-29-2019 , 04:36 PM

#43

kingofcool

Carpal \'Tunnel

Join Date: May 2011 Posts: 11,043

Quote:

Originally Posted by Carl Trooper

Lol what?

Yes? Are you also going to point out that mortgages run longer than 10 years? I didn't think i'd have to specify the difference between a swift loan from a "friend" vs. a contractual one from an institution.

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01-29-2019 , 04:45 PM

#44

Dominic

Tripod

Join Date: Jun 2004 Posts: 76,666

Quote:

Originally Posted by JohnCleese

If what Eli says is true then why would anyone ever lend a poker player any money under any circumstances in any situation ever?

this is the question! No idea why players lend money....it's stupid.

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01-29-2019 , 04:47 PM

#45

iTzLifestyle

Carpal \'Tunnel

Join Date: Jul 2011 Posts: 8,011

Quote:

Originally Posted by Dominic

this is the question! No idea why players lend money....it's stupid.

They do because I’d say 75% do pay back and have a little integrity.

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01-29-2019 , 04:55 PM

#46

brocksavage1

Carpal \'Tunnel

Join Date: Mar 2008 Posts: 12,587

Eli: what are your typical game stakes these days?

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01-29-2019 , 04:59 PM

#47

mrno1324

veteran

Join Date: Feb 2016 Posts: 3,020

sub

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01-29-2019 , 05:00 PM

#48

athletec

centurion

Join Date: Jul 2008 Posts: 173

I don't understand why you'd be loaning out money ($2 million?!) while not repaying the debts you owe. Please explain.

Quote

01-29-2019 , 05:00 PM

#49

illdonk

veteran

Join Date: Jul 2007 Posts: 2,997

Quote:

Originally Posted by iTzLifestyle

They do because I’d say 75% do pay back and have a little integrity.

That’s a pretty horrible percentage.

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01-29-2019 , 05:01 PM

#50

iTzLifestyle

Carpal \'Tunnel

Join Date: Jul 2011 Posts: 8,011

Quote:

Originally Posted by illdonk

That’s a pretty horrible percentage.

I actually think it’s closer to 90% honestly. But we lll never know because it’s all
Hush money

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