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#1
01-04-09, 01:02 PM
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Is someone escrowing all the $?
Do you have to give him the $ now and can't touch it all year?
__________________
"Suffer the pain of discipline or suffer the pain of regret" "Rome wasn't built in a day" |
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#2
01-04-09, 01:33 PM
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He is not escrowing his side (like I said, very respected, trusted guy - I met him in Vegas over the summer). For the other side, it depends if he knows you or not. I didn't have to ship anything and most people taking the bet don't, but if he doesn't know the person, yeah, they would have to escrow.
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#4
01-05-09, 06:22 PM
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Escrowing is having a third party hold the funds to ensure payment at the end of the bet. ie, if YOU (someone he doesn't know) were to bet $100 against him, he would require you to escrow that money with someone (like me). If he fails, you'd get your bet back plus the money you won from him. If he wins, I'd ship your money to him.
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#5
01-04-09, 03:54 PM
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well can I bet through you then? I don't want to have $ locked up for a year but I do want in on the bet most likely.
I'll prob bet 2k or less
__________________
"Suffer the pain of discipline or suffer the pain of regret" "Rome wasn't built in a day" |
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#9
01-05-09, 06:26 PM
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Correct. No SNGs. Only "scheduled" (meaning not SNG-style) MTTs.
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#10
01-05-09, 11:32 AM
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did every1 get paid? never saw that thread before
__________________
"Suffer the pain of discipline or suffer the pain of regret" "Rome wasn't built in a day" |
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#11
01-05-09, 06:25 PM
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Yep, he cracked and shipped the $$.
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#12
01-05-09, 06:25 PM
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Yes, 1:1.
IMO, he's delusional, but I think he really thinks it is possible and is planning to play poker for 18 hours per day. Without the restrictions (just play what you want when you want to), I'm sure he's the type that could do this no problem... |
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#13
01-05-09, 06:30 PM
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I'd rather not... nothing personal, of course. I just wouldn't want to be on the hook if anything happened... then again, when he fails, I guess I'd get your winnings. Hmmmmmmmm...
Seriously though, think about it as an investment. I doubt it will last until the end of the year, but if it does, think of it as "investing" $x for less than one year and looking at a 100% ROI (assuming he fails). Not too shabby. Any other investment you could make, like those things you were talking about with your financial advisor, is going to require you to actually hand over the money, and no way are they going to return you 100% in a year. If you don't trust him to hold the money and ship back double, which I totally understand, I'd be happy to escrow it for you. I'm sure he'd be cool with that. |
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#14
01-05-09, 06:34 PM
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Ya well see if you can escrow the $, if so I'm in, and maybe up to $5k.
__________________
"Suffer the pain of discipline or suffer the pain of regret" "Rome wasn't built in a day" |
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#15
01-05-09, 06:53 PM
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Here is the official bet thread on PTP, so we can always find it easily. I'll put it in the first post too:
And yeah, I'm sure he'll let me escrow for you, but when you decide on a bet amount, tell me and I'll get him to book it. |
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