Isnt Black Flagg a metal band?
... I am just seeing something wrong here, obviously someone is wrong and I am going off the pictures Cj Wiley posted of him handing Earl a 50k check ...
What did Earl do with his money? (from this and all of his tournament winnings) Some people say he is struggling financially.Nothing is wrong here. Jay Helfert was one of the tournament officials, and he racked the last 5 racks. In an earlier thread, Jay said: "It is correct that this was supposed to be an annuity paid off in twenty annual $50,000 installments. CJ did give Earl the first 50K immediately. After a year or two of litigation, there was a settlement. My understanding was that Earl received in the neighborhood of 300K in a lump sum and CJ got back his 50K."
Here is the full post by Jay from 5 years ago, giving a lot more information about the run: http://forums.azbilliards.com/showpost.php?p=589981&postcount=11
What did Earl do with his money? (from this and all of his tournament winnings) Some people say he is struggling financially.
It makes sense if a person has outstanding debts. And needs the cash in a hurry.
Ever see the movies where gangsters "rough people up" to give them incentive?
In a lump sum you get abt.35% but then have to pay taxes on all of it in one year.I guess it does depend on the person and their situation.
What did Earl do with his money? (from this and all of his tournament winnings) Some people say he is struggling financially.
Nothing is wrong here. Jay Helfert was one of the tournament officials, and he racked the last 5 racks. In an earlier thread, Jay said: "It is correct that this was supposed to be an annuity paid off in twenty annual $50,000 installments. CJ did give Earl the first 50K immediately. After a year or two of litigation, there was a settlement. My understanding was that Earl received in the neighborhood of 300K in a lump sum and CJ got back his 50K."
Here is the full post by Jay from 5 years ago, giving a lot more information about the run: http://forums.azbilliards.com/showpost.php?p=589981&postcount=11
I am just curious about something...Cj Wiley posted pictures of himself giving earl the first 50k check of his 50k for 20 years to come. I am not saying either side is wrong in this considering it happened way before I was part of the pool world, I am just seeing something wrong here, obviously someone is wrong and I am going off the pictures Cj Wiley posted of him handing Earl a 50k check here is the pic for proof....just curious about this...
edit: When Cj posted this on his facebook it actually says, CJ GIVES EARL HIS FIRST PAYMENT OF $50,000 FOR RUNNING 11 RACKS IN THE MILLION DOLLAR CHALLENGE.
Where did they get these odds of 1 in 6.5 million attempts?
It was actually simple. They counted the number of pool players (6.5 million) and divided by the number of Earl's (1). Guess they forgot to look at the entry list...
Someone must have given him bad info. And not told him the stories about dozen-rack-plus runs, or about the bar player in LA who ran 30 racks or that the nine on the break would count and that some tables/racks tended to make the nine nearly automatic. Or that if a million was on the line and the races were to 15, some players might not play safes when they otherwise might. Garbage in, garbage out.A statistics professor was used and the odds were actually 7.8 Million to 1 of anyone EVER doing it. ...
Here is a simple analysis of the odds that I think is reasonable and gets a much lower number: http://www.sfbilliards.com/articles/1996-06.pdf... odds were actually 7.8 Million to 1 of anyone EVER doing it....