Relates to Overflows thread. Staking

[Da GOAT]

Staking gone wrong.

http://forumserver.twoplustwo.com/sh...rt=2&vc=1&nt=2

[givememyleg]

people do dumb things w their money

[mcatdog]

That was an interesting thread to read but he obviously owes him $4500.

I probably wouldn't stake a player because anyone who's responsible enough to deserve a stake is likely to have good enough bankroll management that they'd never go busto in the first place. It really doesn't take that long to build a solid bankroll from $20. If you're good you can be at 100NL in a month.

[overflow]

My thread? Which one.

$4500, ship it.

[Da GOAT]

maybe it wasnt in your thread then sry

[Pythonic]

Unless a contract was drawn up and signed by both parties including a witness he don't owe him jack. The proper thing to do would be to give him the 4K but you just can't trust people these days. He probably cashed out all the money and told the staker that he lost it all.

Py

[Muzzard]

Unless a contract was drawn up and signed by both parties including a witness he don't owe him jack

There is such thing as a verbal contract, at least in UK law anyway (and I presume for US la, they are pretty similar). It's just the balance of probabilities, whether a small claims judge believes it.

[bigslikk]

He doesn't owe shit. A stake is an investment and, like all investments, a type of gamble. Oops your player is a dumbass! Hopefully you've learned something.

Desperate pigeon to the judge: "B-b-b-but... I said only 2/4!! He was improperly rolled!"

Okay, what was the exact agreement again?

"Play 2/4... but if you're really good... if you have icewater in your veins... a steely, hard poker face... and mad skillz... you may, if you're ready, move up. But ONLY if you're that good, son.

***

Does anyone really believe that, given a little wiggle room, a donk who's up a few bucks isn't gonna shoot his load and move up? Staker screwed up. Endo story.

Edit: Just read more of the scam. The short story: The terrible player knows what he did was wrong, but also knows he's not legally liable, so won't repay. He's right on both counts. Though a decent guy would pay back the money (due to a tilty, irresponsible move), he doesn't have to.

Player doesn't have to pay. Staker shouldn't expect him to. All parties should remember said player as an asshole, learn the lesson, and move on.

[Anosmic]

I look forward to their appearance on Judge Judy.

[Pythonic]

well spoken bigslikk!

Py