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je83
Four of a Kind
Joined: 15 Aug 2005
Posts: 321
Location: Canada, Ontario
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Jobe Gilchrist
Message Board Junkie
Joined: 09 Apr 2006
Posts: 3446
Location: "the most commonly-uttered phrase by vampire bats is 'it's not as cool as it sounds'"
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 Posted: Sat Nov 04, 2006 11:27 pm Post subject: |
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| You have to pay back double? ROFL. |
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BOYNAMEDSUE
Moderator
Joined: 27 Jun 2005
Posts: 7909
Location: Isle of Tilt
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| Posted: Sat Nov 04, 2006 11:29 pm Post subject: |
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That is steep. Knish only wanted half.
That's not called staking je83, that's called loan-sharking. |
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clussman
Message Board Junkie
Joined: 19 Jul 2006
Posts: 2806
Location: Austin, TX
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| Posted: Sat Nov 04, 2006 11:34 pm Post subject: |
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I just want to point out for people who want to take you up on your offer: heed his words and keep requests limited to this thread. Begging is not allowed on the forum. If he declines you or blacklists you for failure to live up to his terms, which is his right, don't ask again in this thread or elsewhere. I have no authority to enforce the rules, I'm simply pointing them out for everybody's benefit.
PS je83 can offer whatever terms he wants guys -- it's his offer. Nobody has to accept it. I think it's cool that he's offering and I imagine there will be some people who will take him up on the offer. I imagine the terms are steeper because he expects not to get paid back by some people. |
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jjpregler
Forum Pro
Joined: 17 May 2006
Posts: 1449
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| Posted: Sat Nov 04, 2006 11:35 pm Post subject: |
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| Staking means that you take the risk of losing money on yourself in return for a cut of the profits if your player wins money. |
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Jobe Gilchrist
Message Board Junkie
Joined: 09 Apr 2006
Posts: 3446
Location: "the most commonly-uttered phrase by vampire bats is 'it's not as cool as it sounds'"
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| Posted: Sat Nov 04, 2006 11:36 pm Post subject: |
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| clussman wrote: |
| PS je83 can offer whatever terms he wants guys -- it's his offer. Nobody has to accept it. I think it's cool that he's offering and I imagine there will be some people who will take him up on the offer. |
Oh god. I know you just got put on Prozac, but that's asinine. |
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spitfire13245
Pair
Joined: 30 Apr 2006
Posts: 22
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| Posted: Sun Nov 05, 2006 12:19 am Post subject: |
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| you'd have to go like 1st 1st 2nd 3rd to show $2 profit rofl |
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HuJwang
Forum Blight
Joined: 20 Aug 2006
Posts: 6431
Location: Halifax, NS
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| Posted: Sun Nov 05, 2006 1:18 am Post subject: |
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yeah you'd basically have to win four 9 person SNG's in a row to make any appreciable profit, and even then you're still only getting $8.
obviously you can have whatever terms you want when you're giving away money for free, but i'm just saying it does seem a little steep. |
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je83
Four of a Kind
Joined: 15 Aug 2005
Posts: 321
Location: Canada, Ontario
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| Posted: Sun Nov 05, 2006 1:30 am Post subject: |
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Man i wanna insult you guys so badly, but i won't.
They run 90 person S&G TOURNAMENTS and first place is $22.50
Now get your little calculator out of your little school kit and do the math, is it done?..............good
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clussman
Message Board Junkie
Joined: 19 Jul 2006
Posts: 2806
Location: Austin, TX
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| Posted: Sun Nov 05, 2006 1:31 am Post subject: |
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| Jobe Gilchrist wrote: |
| clussman wrote: |
| PS je83 can offer whatever terms he wants guys -- it's his offer. Nobody has to accept it. I think it's cool that he's offering and I imagine there will be some people who will take him up on the offer. |
Oh god. I know you just got put on Prozac, but that's asinine. |
No prozac but since I recovered from that bad streak I've been feeling a bit more zen if you will. I don't feel the need to argue with anybody right now. Even if his terms are silly, they're his terms. Absolutely nobody has to take him up on them. |
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why you cryin
High Card
Joined: 02 Nov 2006
Posts: 11
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| Posted: Sun Nov 05, 2006 1:38 am Post subject: |
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should be fun. and if i donk the 5 away its only 10 bucks to pay back.
je, i like your hustle so i'll take the offer up.
handle is the same as my sn: why you cryin
email: joshphtx@hotmail.com |
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relaxedriley
Royal Flush
Joined: 30 Oct 2006
Posts: 660
Location: Aurora, OR
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| Posted: Sun Nov 05, 2006 2:34 am Post subject: |
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| Ok it seems apparent he is just trying to stop people from begging, now that he has posted this he can reffer beggars to this post - it will probably shut most of them up. Mission accomplished. |
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jjpregler
Forum Pro
Joined: 17 May 2006
Posts: 1449
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| Posted: Sun Nov 05, 2006 7:09 am Post subject: |
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No, it's a scam.
He "stakes" 2 people a week for 10 each = 20
They pay back 40
So next week, he stakes 2 more for 20
They pay back 40
At the end of a month he makes about 100 for doing nothing. This is not staking. This is a loan, it's usury and it's illegal.
Staking is paying a person's entry (or part thereof) into a tournament and receiving 50% of the profits if that player cashes, but getting nothing if the player fails to cash. |
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Mitch91
Four of a Kind
Joined: 08 Aug 2005
Posts: 324
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| Posted: Sun Nov 05, 2006 9:41 am Post subject: |
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| So a person would receive $5 and have to pay back $10?...So if a person failed to cash for $10 or more they would still have to find a way to pay back the $10 |
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spitfire13245
Pair
Joined: 30 Apr 2006
Posts: 22
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| Posted: Sun Nov 05, 2006 10:26 am Post subject: |
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| if anyone needs a stake for $5 and they fail to cash, hes not getting 10 back, thats for sure lol |
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