holy chitballs batman.
Firstly, great review and well written post. Sorry for you and rest of folks that got caught up in this chaos (scam?)
highlighting a few snippets from your post
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MOVING ON TO DAY 2.
The morning of Day 2, Dexter talked to me that morning and was saying that they counted the money in the cage and only had $750,000 for the prize pool but that they had already announced the prize pool of $790,000.
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The PokerAtlas system for total # of entries was being controlled by the cage. During Day 1A the players were constantly asking if the total # of entrants were correct. I had personally witnessed 1 player bust, rebuy, and the total # of entrants did not increase, so I asked a lady at the cage about this.(I don’t have any of the cage ladies names). Her response was that they were only adding to the # of entrants on unique buy-ins and not reentries.
I immediately went to Dex and told him that that’s the wrong way to do things and that things won’t match up in the end. I was told to “stay in my lane”...the cage and money isn’t anything I need to worry about
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DAY 3 (Final table)
When the first few players busted, they had to wait for over a hour to get paid, I was later told this was because Trent was running around trying to get money to be able to pay all the players because of the prize pool discrepancy
Pretty obvious to see what Dexter did here to steal money. After reading your post, Dexter and rest of his team should be brought up on CRIMINAL charges, not just civil suit being discussed earlier.
Reading about atmosphere in operating this MTT, one can better appreciate why all large MTTs are operated in regulated jurisdictions with operators having their own strict internal controls.
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WHY DID HE WAIT UNTIL 3 HOURS PRIOR TO PAYING HIS DEALERS TO HAVE THIS MEETING? I asked this exact question and his response was “because our investor meetings are on the 1st and 15th of every month
hearing this one statement alone coming out of his mouth would tell me all I need to know to run away from Dexter, run very far away. I dont even know were to start in calling out the massive amounts of wrong in that one statement.
Last edited by PTLou; 10-19-2018 at 04:05 AM.