A bad day for the honest players in poker

[Jim-D]

You're talking alot of sense today Dave.

[Nem]

http://www.google.com/search?hl=en&sa=X&oi=spell&resnum=0&ct=result&cd=1&q=pokerspot&spell=1




"Pokerspot.com is a trusted poker website that delivers the best in online poker websites."

[Nem]

There are indeed two sides of every story and regardless of the problems with credit card processing company that stiffed them, they were using player deposits as operational capital.

There are very good reasons why doing this would get said individual locked up in most countries and thats because startups have a high rate of failure and governments dont want people getting screwed.

Who cares what greg raymer says? The issue as I see it is that he broke every single common sense rule of business which in most countries is illegal anyway, and yet he can throw his hands up and walk away if it all goes tits up as most startups do.



Heres something to make it even more simple:

Situation A:
You take your brand new sports car into a garage to fix a problem ( ie you transfer your asset to another party to perform a service paid at an agreed rate that enables you to perform an action [ playing poker in the real case - drive your car in our example ] ) , you go to pick it up several days later and it turns out the company went bankrupt and sold your car to pay some debts and buggered off.

You are
A) Rather ticked off about the whole thing and if you ever see the chap might have a strong word with him.
B) Rather understanding because you're sure the guy had the best intentions and was going to pay you back.


Situation B
You hear about Situation A:
You
A) Think there are two sides to any story
B) You think he's a gigantic asshole or simply incompetant beyond belief ( and criminally incompetant at that ).



Regardless of the persons intentions they have defrauded/stolen or been criminally incompetant/negligent/whatever, and deserve a few years in a cell.

i would still say there is two sides to every story, and only time will tell.

Let me ask you another question:

Say your Car Garage was infact a rather large company like Kiwik-fit, and the situation which you have outlined above actually happened. its the companies fault it went bankrupt and not the actually manager of that particular branch. ie, everyone goes on about dutch boyd owing them money, when in actual fact its not him, its poker spot 'the company' i can only assume it wasnt a 1 man team?

You cannot compare a multi national PLC (KwikFit) to a LTD company like PokerSpot.

[wsopin07]

This guy is a joke and everyone here knows it. No one was happy he won! Dutch is not liked or trusted in the poker world! He will never pay the $$$ back and that is fine but he treated people like shit.

It was funny to see all the poker people begging for Joe H to win, The only people cheering for Dutch were his new "young crew", all NEW friends. No Scott F. or Bret.

I talked to Scott F a few days ago and he stressed he has nothing to do " w/ that loser".

[Sark79]

He must be a talented player though.  Was that not his 3rd final table at a WSOP event?   

[wsopin07]

He must be a talented player though.  Was that not his 3rd final table at a WSOP event?   

who gives a SHIT?

You can be the best player or worst player in the world but if you lie and cheat what good are you? This guy is in for a long road and I dont see him making it. Ultimate Bet is being laughed at for putting a shirt on him. Now they will be stuck w/ his baggage!

[Karabiner]

Pokerspot were similar to Sporting Options the betting exchange that "padded" their markets with client's deposits.

Many of those clients were recruited by a well-known UK based poker professional.

Sporting Options also folded their tents and left in the night.

[Bongo]

Did pokerspot definately use client's money as operating capital then? If so then that is bang out of order - even if he had the difficulties with the card payments.

If it was only the fact that the card payments company never actaully gave pokerspot the cash then I can't see how they could ever pay clients back?

[Sark79]

He must be a talented player though.  Was that not his 3rd final table at a WSOP event?   

who gives a SHIT?

You can be the best player or worst player in the world but if you lie and cheat what good are you? This guy is in for a long road and I dont see him making it. Ultimate Bet is being laughed at for putting a shirt on him. Now they will be stuck w/ his baggage!

I can't really comment as I don't know the guy.  I only mix with non celebs here in Kilmarnock  .  Although, I did meet Glen Michael once.  I don't know if you are familiar with him in the States.  He is a megastar here in the UK.  Think of a US TV star like David Letterman, well Glen Michael is about 1000 times more famous.  I bumpted into him in ASDA and then again at a venue he was playing in Kilmarnock. It was the Kimarnock Scout Hall  .  Ok, I know that the Kilmarncok Scout Hall isn't like Madison Square Garden or Broadway. But he is one of those types of performers who prefer to take a £1.20 admission fee than the $100 million per year salary. He is in it for the love of the job. A true star.  It was a terrible loss when his " Cavalcade " show got taken off the air

I don't know what type of person D.Boyd is like, maybe one day I will have the pleasure of knocking him out of a WSOP event. Who knows.    I like most people though, even the people that I don't like. I still like 

Note to self - Stay off the Ribena. It makes me talk even more p.sh than normal  :-)
 

[tikay]

Did pokerspot definately use client's money as operating capital then? If so then that is bang out of order - even if he had the difficulties with the card payments.

If it was only the fact that the card payments company never actaully gave pokerspot the cash then I can't see how they could ever pay clients back?

Its a matter of record that Mr Boyd was well aware that the Company was using players blances to run the company & "rob Peter to pay Paul". But now he can pay some of that cash back, eh? As he promised.

We "had words" in Copenhagen in January 2005, and the man does not have an ounce of remorse.

And, I suspect, he was once an American teenager. 'nuff said,eh Byron?

AND he was wearing a bandana in Copenhagen,though, secretly, I may try one of those myself. Pretty cool.

[matt674]

AND he was wearing a bandana in Copenhagen,though, secretly, I may try one of those myself. Pretty cool.

NO SECRETLY!!!

WE WANT TIKAY WEARING A BANDANA AT BLONDEBASH III!!!

I could do with a good laugh............ 

[Rod Paradise]

AND he was wearing a bandana in Copenhagen,though, secretly, I may try one of those myself. Pretty cool.

NO SECRETLY!!!

WE WANT TIKAY WEARING A BANDANA AT BLONDEBASH III!!!

I could do with a good laugh............ 

I'll bring him one....

[byronkincaid]

Your average to middling american teenager would only have to play internet poker for a few days to be able to earn enough to pay back all of Dutch's debts.

Perhaps a knotted hankie would be more your style?

[Acidmouse]

[I, Zimbra]

Grief, you're making my head spin, now...