Genting to repay £70,000 to WPT London players & dealers!

[thetank]

The fact that this sends out the message that affluent poker players are easy targets for small scams

zomg

[StuartHopkin]

Fortunately, the small claims court makes it very easy for people to contest small amounts and allows a public audience to the conduct of larger companies.

I thought you were going after him personally not the company?

Public audience? Have you ever done anything through the small claims court?

I have no interest in the actual argument, the fact a couple of people I respect on here say there is an issue means I believe there is.

However your posts are only going to hinder anyones chances of getting things sorted as they appear to be well off the mark.

[Honeybadger]

The asterisk issue is a mute point, being that the 2 asterisks for the main event have been incorporated into the 3 asterisks as 4% was clearly taken from the prizepool in both tournaments.

You have misunderstood how the asterisk referencing system works. It does not follow the principle of incorporation, but of uniqueness.

I think it is very clear that the website definitely did not mention a 4% additional prize fund deduction.

[Numpty Dumpty]

The asterisk issue is a mute point, being that the 2 asterisks for the main event have been incorporated into the 3 asterisks as 4% was clearly taken from the prizepool in both tournaments.

You have misunderstood how the asterisk referencing system works. It does not follow the principle of incorporation, but of uniqueness.

I think it is very clear that the website definitely did not mention a 4% additional prize fund deduction.

username steal?

[Honeybadger]

username steal?

Apparently so... When I first registered here I actually selected the exact same username as you and for some reason it was accepted. Then a few days later I got a PM from admin saying there was already a user with that name (you obviously) and they had changed my username to NumptyD instead.

[titaniumbean]

NumtpyD......... fight gogogogo

[dik9]

As a dealer myself, I would urge you to go down the theft of money from the player route rather than from the dealers.

Just a quick question for my reasoning...... Do you declare your tips as a taxable income?

[AlexMartin]

The fact that this sends out the message that affluent poker players are easy targets for small scams

zomg

i loved this bit too tank, "shock, horror".

[Longines]

However your posts are only going to hinder anyones chances of getting things sorted as they appear to be well off the mark.

But they are comedy gold.

I have no interest in the actual argument, the fact a couple of people I respect on here say there is an issue means I believe there is.

+1.

[tikay]

The asterisk issue is a mute point, being that the 2 asterisks for the main event have been incorporated into the 3 asterisks as 4% was clearly taken from the prizepool in both tournaments.

You have misunderstood how the asterisk referencing system works. It does not follow the principle of incorporation, but of uniqueness.

I think it is very clear that the website definitely did not mention a 4% additional prize fund deduction.

Post more, please.

[Cf]

The asterisk issue is a mute point, being that the 2 asterisks for the main event have been incorporated into the 3 asterisks as 4% was clearly taken from the prizepool in both tournaments.

You have misunderstood how the asterisk referencing system works. It does not follow the principle of incorporation, but of uniqueness.

I think it is very clear that the website definitely did not mention a 4% additional prize fund deduction.

Post more, please.

Have just looked at the website.

http://www.worldpokertour.com/Shared/Tournaments/Seasons/Season_9/WPT_London_Poker_Classic.aspx

I think that makes it quite clear that there should not be any money taken from the prizepool. The £250r and the £15k high rollers did but there's nothing mentioned for the main except that alternates get a different starting stack. Hardly clearly pointed out on the website as whatever he was called said.

Edit - Noticed the link has already been posted but will leave it here in case anyone missed it first time round.

[WarBwastard]

The asterisk issue is a mute point, being that the 2 asterisks for the main event have been incorporated into the 3 asterisks as 4% was clearly taken from the prizepool in both tournaments.

This has nothing to do with me, I've seen the WPT on the telly like, but that's about it...but anyway though but it's not mute [sic] is it...if an event is marked with three asterisks then by your rationale this £5k event in dispute would have a 14% reduction for poker staff wouldn't it as 1 asterisk = 10% and 2 = 4%.  

I'm summary it is not clear.

The end.

[StuartHopkin]

The asterisk issue is a mute point, being that the 2 asterisks for the main event have been incorporated into the 3 asterisks as 4% was clearly taken from the prizepool in both tournaments.

You have misunderstood how the asterisk referencing system works. It does not follow the principle of incorporation, but of uniqueness.

I think it is very clear that the website definitely did not mention a 4% additional prize fund deduction.

Ha ha it would be awesome if it was incorporation, then not only would alternates get a different stack, Mr Tomsett would get 14% of the prizepool.

[StuartHopkin]

Sigh

[tikay]

There is so much that is unsatisfactory about this, & my worry is that it sets a precadent, but to a degree, if players don't object, or query the prize pool, at the time, then it's always going to be unsortable.

I wrote this in a Blog on Day Two......

Hard to see in this pic, but the Plasma shows 169 runners at £5,000 a pop, & a Prize Pool of £811,200. Err how much? The difference - the missing £33,800, is accounted for by a % deduction, about 4% I think, for "Poker room staff". Do I NOT like that! It's standard in the USA, & some European countries, but I hate the thought of it becoming the custom in the UK.

I'm also puzzled by the ability to buy in on Day Two, which I had always assumed the Gaming Commission did not approve of. If they have no objections, as would seem to be the case, then why don't Grosvenor, & DTD etc, allow it, I have to wonder?

I don't have a copy of that photo to hand, but here's a superb example of my photographic skills taken in the room during Day Two. Not to be rude, & not excusing the WPT in any way, shape or form, but surely anyone who can afford to ante up £5,300 ought to be able to work out in a heartbeat that £5k does not divide equally into £820,800, & yet nobody said a word at the time.

I'm equally curious about allowing Alternates into the Comp on Day Two. I don't disapprove of it, not one bit, but Grosvenor, DTD, & afaik all other Casinos in the UK refuse to allow Alternates to buy-in beyond the first 2 or 3 Levels, & I've often been told that is because the GC don't approve of the practice. If nothing else, then, the WPT have shown that to be false, & hopefully the practice can become standard from now on.