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#78
06-22-08, 11:25 PM
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He says he has lost a lot of weight and is going insane playing 16 hours a day.
Last night he started shaking uncontrollably, and when he got up to play this morning he puked. He has just completely broken down. He stopped playing at 6pm EST today. |
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#80
06-23-08, 03:28 AM
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I feel badly for him, I do, but I also think he needs to man up and pay his debt. He's trying to get out at a discount, playing up a pretty big sob story.
And remember, it was just a couple of days ago that he offered to let US out for 75% of OUR wager - meaning 50% MORE than the full amount he owes us for losing.... or freaking THREE TIMES what he's trying to get out for now. People shouldn't make bets they can't afford to lose. And people who do shouldn't be taught the lesson that it's ok, people will feel sorry for you will be able to get out of it. |
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#82
06-23-08, 11:35 AM
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If the money is escrowed, and he gives up...I really don't see how this is even an issue. If people want to give him back a cut, that's their choice.
If he states that he officially calls this bet off (from the sounds of it he should), then people should be getting paid. - Also the way he went about trying to do this was far from ideal. Going from low volume to high volume + 16 hour days over a strecth of time is a recipe for disaster. |
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#83
06-23-08, 11:58 AM
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Windbreaker raises a good point - wouldn't you think he'd have conditioned himself for this first? Maybe run a two or three week test to see what the results were? (Exhaustion wise, not money wise) I really don't see this attempt that different from running a marathon - if you're not conditioned for it, you're going to fail spectacularly.
Let's just hope that no one with a bad temper and violent streak had money on him if he weasles out of paying in any way. |
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#85
06-23-08, 12:56 PM
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Agree 100%
WTF? This bet was about endurance, not performance. I'd be happy to make a large wager that I can run one 8 minute mile. I just can't run 26 8-minute miles in a row.
I thought all the money was escrowed? Why is there any question at all if it shouldn't be paid in full as soon as it is officially due? The toll it took on him is unfortunate, but not surprising. In fact, it is WHY he was able to get action. Because this is exactly what everyone who bet against him thought would happen. And while I understand the position that if you are not in the bet (which I am not) than it is none of your business, it seems odd that he is posting in other reads without addressing the situation more publicly.
__________________
http://www.vegastripreport.com/ |
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#86
06-23-08, 02:40 PM
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Actually, he hasn't posted yet, since calling it off via PM. He's said nothing publicly about it or anything else.
Basically, he admitted defeat, but sort of pleaded to be let off the hook at a discount. There are private discussions going on. People feel badly for him, but I have yet to see a single person say he should be let off. Some are talking about letting him work out a payment plan, but I don't get it. The money has been confirmed as escrowed... well, he escrowed some and his PTP staker investments will cover the rest, but I suppose it could be a while before those pan out and pay off. IMO, he needs to pay in full now, and if some investors feel badly for him and want to lend him money or whatever, great... but that's an individual decision that should be made after the fact. Somewhat realted... in the original thread about this, some tool was insisting that winning $2500 in 15 days is exactly the same as $5000 in 30 days (or any other $/day ration you want to make up). People tried and tried to explain to him how this bet was about endurance, not a short term ROI... and I think it's pretty obvious now, and fitting, considering how well he was doing (just barely behind) at the 2 week mark, only to have a total 2 days later. |
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#87
06-23-08, 03:18 PM
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I find it fascinating that poker players (i.e. gamblers) refuse to understand how 'betting' works.
I also thought that this kid was suppose to have ALL of his money escrowed for this bet, not part of it. I thought i saw that somewhere buried in this thread, but maybe that changed. |
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#88
06-23-08, 07:36 PM
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Im sorry but sitting in front of a computer for 16 hrs a day for 30 days playing .25 cent NLHE would make ME sick to my stomach... Just the thought of trying to do this myself makes me want to throw up. I just cant sit in front of a computer and play poker like that, I have to have a life outside of playing poker.
__________________
You know what I tell people when they ask why I don't use the word "the" when I talk about CIA? Do you put a "the" in front of God? |
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#89
06-24-08, 10:16 PM
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He formally conceded the bet today.
All escrowed funds have been sent back to the bettors and since the funds that he escrowed matched the amounts that were escrowed against him and the extra that he escrowed (about half of the remainder that is owed) will be distributed tomorrow. The remainder that he owes will be paid off by the date the bet was actually supposed to end. I think this is fair. After taking into account all the money he made from playing, BOP, FPPs, and other endeavors whilst playing he figures that even after paying off the bets he only actually lost about $800. |
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#90
06-26-08, 04:56 AM
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$800 for a valuable life lesson? I call that a bargain.
__________________
Smooth, but not rich. |
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