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VIEW: Financial teams should be required by law to disclose when they are at the same table VIEW: Financial teams should be required by law to disclose when they are at the same table
View Poll Results: Should financial teams be required to disclose when they are at the same table
yes
295 75.06%
no
98 24.94%

02-27-2015 , 03:47 AM
Quote:
Originally Posted by ike
The spirit of the idea is a fine one, but it will never happen because none of the people who would be involved in administering and enforcing the system give a ****. Coming up with, never mind actually implementing, a reasonable framework for governing all the types of financial arrangements poker players enter into would be a lot of work.

Caesars properties (i.e. WSOP) won't even issue the proper tax paperwork for a player who cashes a tournament and needs to pay out backers when you ask them to.
I think people do give a ****. all poker rules and TOS are a lot of hard work, the rulebooks are thick. are we gonna let hard work get int he way of whats right?
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 04:12 AM
Quote:
Originally Posted by Howard Beale
SOME of us are about to be 65 and don't have this twitter thing that you speak of nor would most of us assume that not only are they talking about their swap but also that players who know who is who are on their twitter thingies following these two exact ppl.

-----------------

The added expense is to pay for the referees/surveillance that I mentioned in my first reply.
I was giving one example of how people might be caught. I don't think Limon is advocating poker rooms hire SWAT teams and Intelligence Divisions to ferret out swappers etc.

*Also, I'm only a decade younger and am on the twitter thing via smartphone and my computer machine. Try it, I think you'd like it.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 04:35 AM
Quote:
Originally Posted by wheelflush
Don't you tell the table when you're sitting with your wife or brother? You should.
Ok so our list is now

jointly staked
% sharing
spouse
sibling
cousin
close friend
acquaintance
someone you barely know but looks like he needs a break

Any others?
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 04:41 AM
Quote:
Originally Posted by CanadaPete
Agree with this the implementation would cause more problems than it's worth. If a guy had to wear something saying so and so put me in I think it would make less people want to play. In addition for serious enforcement by the casinos it would be more work, more expenses, and less fun overall.

If you are worried about collusion in 100 man fields its simply not worth worrying about. Obviously, the rare situation may occur where a horse and staker are at the same table, but it's actually quite rare in a big field.
Not true. youre thinking like a poor broke person. theres nothing rich people love more than differentiation, hence convertible yellow Porsches and gay ass Rolexes. Rich rec players would love it if people who couldnt afford the tournament had to register as a team.

Im glad you know what is and isnt worth worrying about. It helps me sleep at night.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 04:42 AM
Quote:
Originally Posted by basstrapsz
I called howard lederer he will be backing you on this. Players have been abusing the system for so long us and howard will clean the scum.
please tell me english is your 3rd or 4th language.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 04:43 AM
Quote:
Originally Posted by CanadaPete
Imagine winning the main event and than the next day getting a knock on your door from the poker police for that 2 percent swap you forgot about.
what are you talking about? the EPL had it set at 10%. I suggested 20 on my podcast.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 04:46 AM
Quote:
Originally Posted by TheDefiniteArticle
I think we have to be careful - playing on a shared bankroll or swapping %s is not in itself cheating and there are only a few situations in which having a % of another player (mostly in ICM spots) which mandate a non-collusive strategic deviation. Surely cheating requires dishonestly gaining an unfair advantage?
Its not my job to guess. Its their job to disclose.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 05:21 AM
Quote:
Originally Posted by davmcg
Ok so our list is now

jointly staked
% sharing
spouse
sibling
cousin
close friend
acquaintance
someone you barely know but looks like he needs a break

Any others?
You can argue all you want but the poll is still decisive.
It's not a huge burden if you have nothing to hide.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 06:04 AM
Quote:
Originally Posted by limon
Not true. youre thinking like a poor broke person. theres nothing rich people love more than differentiation, hence convertible yellow Porsches and gay ass Rolexes. (Rich rec players) Limon would love it if people who couldnt afford the tournament had to register as a team.

Im glad you know what is and isnt worth worrying about. It helps me sleep at night.
I voted yes and think it's is a pretty good idea but this post is a reminder that that the main reason OP is pushing for this is that he wants MONEY/networking/personality to be what determines success in poker, rather than actual skill in the game.

Basically it's the same selfishness that unfortunately drives the entire industry.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 06:13 AM
Quote:
Originally Posted by wheelflush
You can argue all you want but the poll is still decisive.
love the 19 idiots who dont want to know if there is a team at their table. Please DM me. I can find you a game where no one will tell you anything....heaven amirite?
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 06:17 AM
Quote:
Originally Posted by .Alex.
I voted yes and think it's is a pretty good idea but this post is a reminder that that the main reason OP is pushing for this is that he wants MONEY/networking/personality to be what determines success in poker, rather than actual skill in the game.

Basically it's the same selfishness that unfortunately drives the entire industry.
clarify please
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 08:02 AM
Quote:
Originally Posted by limon
love the 19 idiots who dont want to know if there is a team at their table. Please DM me. I can find you a game where no one will tell you anything....heaven amirite?
You might want to read your own poll before harshing on people. I don't think it asks what you think it asks.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 09:32 AM
The only way I could see this happening in reality would be a web based database. The problem is how do you validate the information. Relying on individuals to disclose is ridiculous, so who would report such info. Once reported, who would verify the info and how?

With that being said it would be nice to load up collusion.com and look at the my casino's page and see these 5 are a team living in a house together, this guy stakes these guys etc.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 09:44 AM
13 years and he doesn't know how to multi-quote? Now that should be a felony.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 09:47 AM
pretty hilarious crusade coming from a guy who was so adamant that if he was able to see another player's cards he wouldn't inform that person because its all part of the game, and if someone is too dumb to protect their hand they deserve to lose.

i guess you only care about ethics in poker when it might hurt YOUR bottom line.

and for anyone who is unfamiliar with this white knight's stance on cheating, just check out his well in the high stakes no limit forum.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 10:36 AM
Quote:
Originally Posted by ike
The spirit of the idea is a fine one, but it will never happen because none of the people who would be involved in administering and enforcing the system give a ****. Coming up with, never mind actually implementing, a reasonable framework for governing all the types of financial arrangements poker players enter into would be a lot of work.

Caesars properties (i.e. WSOP) won't even issue the proper tax paperwork for a player who cashes a tournament and needs to pay out backers when you ask them to.
"He´s right you know" jpeg.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 10:42 AM
Quote:
Originally Posted by limon
Not true. youre thinking like a poor broke person. theres nothing rich people love more than differentiation, hence convertible yellow Porsches and gay ass Rolexes. Rich rec players would love it if people who couldnt afford the tournament had to register as a team.

Im glad you know what is and isnt worth worrying about. It helps me sleep at night.
I'm thinking more about it scaring people from a big cash game.

The rule is so irrelevant for big field tournaments. In a 1000 man field to worry about it is stupid as it almost should never effect you.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 11:31 AM
Limon,

I may have missed the Nevada bill you are referencing. Can you point it out with a number ?

Are you talking about SB40 ? I think the Chairman of the Gaming Control Board was very specific when the issue of coverage of poker staking was raised. He sent an email to clarify to Pokerfuse (?) when they asked; the Bill does not cover poker staking. It is only aimed at sports betting practices.

So, is there some "Son of SB40" bill pending in Nevada directed at poker that has been introduced ?

(I am not opining on the wisdom of any such "law" or requirement in Terms you might want to see come to pass. I just do not know of any current proposals like that which you describe. If there is an opportunity to do so, I'll raise the issue of staking for discussion at the Global Poker conference today in LA. I think it is an integral part of the MTT economy, and like it or not, part of the entertainment factor of poker generally. How many One Drop entrants hold 100% of their own action ?)
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 12:49 PM
Quote:
Originally Posted by Gzesh
Limon,

I may have missed the Nevada bill you are referencing. Can you point it out with a number ?

Are you talking about SB40 ? I think the Chairman of the Gaming Control Board was very specific when the issue of coverage of poker staking was raised. He sent an email to clarify to Pokerfuse (?) when they asked; the Bill does not cover poker staking. It is only aimed at sports betting practices.

So, is there some "Son of SB40" bill pending in Nevada directed at poker that has been introduced ?

(I am not opining on the wisdom of any such "law" or requirement in Terms you might want to see come to pass. I just do not know of any current proposals like that which you describe. If there is an opportunity to do so, I'll raise the issue of staking for discussion at the Global Poker conference today in LA. I think it is an integral part of the MTT economy, and like it or not, part of the entertainment factor of poker generally. How many One Drop entrants hold 100% of their own action ?)
my references were in response to people saying getting a bill regarding poker teams is impossible. i was saying something close to that was already coming out of nevada with hazy language which SEEMS to cover sports bet runners. the point is nothing is impossible.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 12:58 PM
If one believes that having staked teams at the same table is detremental to fair play, then I dont see why the fix wouldnt be to ban staked players from entering the same tourney/game, versus allowing them to play but disclose the relationship. Allowing them to play seems like having someone disclose that he has access to insider info but still allowing him to trade the stock.

I dont belive that simply making other players aware of the team's relationship would allow other players to completely level the playing fiels as the game plays out.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 01:03 PM
Quote:
Originally Posted by .Alex.
I voted yes and think it's is a pretty good idea but this post is a reminder that that the main reason OP is pushing for this is that he wants MONEY/networking/personality to be what determines success in poker, rather than actual skill in the game.

Basically it's the same selfishness that unfortunately drives the entire industry.
wat

How does disclosing a financial arrangement between players at the same table reduce the impact of skill in the game??
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 01:10 PM
seems every serious response is basically that my idea is good but too hard to implement. I think its easy to implement in tournaments. you could do it on a screen, of which there are many, in any tournament room.

1.you walk to a table
2. your horse/partner is at table
3. you know the TOS of the tournament state you must register if you have over 20% interest in another player at your table or winnings can be withheld.
4. you walk to desk and register.
5. other competitors can choose to look at the board or not. the board doesnt even have to say names it can just say "table 25 seats 1 and 3"
6. If there is a violation the TD will investigate. They already investigate many violations that are just as tough to pin down.

this isnt harder to police than bagging and tagging chips and keeping track of that mess. I dunno, just spitballing here guess i shouldnt be surprised at the defeatist attitude of poker players. the idea that implementation is some insurmountable mountain to climb seems absurd. In the beginning it could just be in 10k and up tourneys. Getting the ball rolling and changing the culture is key.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 01:12 PM
i wanted to vote "yes" but then i read "Once a player has his tourney win confiscated and a felony on his record many MANY others will think twice about secret financial arrangements." so i chose "no".
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 01:23 PM
Quote:
Originally Posted by pimmelsau
i wanted to vote "yes" but then i read "Once a player has his tourney win confiscated and a felony on his record many MANY others will think twice about secret financial arrangements." so i chose "no".
you go girrl!

nose meet face.

Last edited by limon; 02-27-2015 at 01:35 PM.
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote
02-27-2015 , 02:20 PM
Quote:
Originally Posted by limon
I have been pointing out this stain on poker for years and I think its time the community made a stand if we want to bring poker to the masses online and have it treated more as a sport. I was discussing this with Matt Savage on my latest free podcast and he agreed in principle.

Players AT THE SAME TABLE with a financial arrangement that hinges on the outcome of hands SHOULD BE FORCED TO DISCLOSE. This goes for tournaments and cash games. There should be a board you register on in the casino. Its not my job to figure out who has these arrangements and they DO effect the outcome of the game.

Backers, horses, stablemates, swappers, bankroll teams and equity choppers amongst others should be legally required to register with the floor when they are at the same table. Dont tell me the common line, "me and my backer play each other tough when were at the same table". GOOD FOR YOU! Its not my job to guess which are the "good ones". Just register, you got nothin to hide, right?

Yes enforcement will be spotty but its the same with insider trading. A little enforcement will go a LONG way. Once a player has his tourney win confiscated and a felony on his record many MANY others will think twice about secret financial arrangements.

Most of the poker community is good people who either play on their own dime or will happily comply. New players to the game will see its a safe regulated "sport" not sharks waiting to team up on the fish.
can someone just ban this dude for being ****ing so stupid it boggles the mind
VIEW: Financial teams should be required by law to disclose when they are at the same table Quote

      
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