Turning Stone - rip off

BINGO! Watchez gets it! How is this so tough?

Everyone gets it. Just some people have a different opinion on the matter;) At the end of the day, Zuglan's opinion is the only one that matters. You don't want to play, that's fine. There are 200 people in line that do, and don't mind the rules.
 
If a few innocent people go to jail along with the ones that are really guilty, that's ok. :o

And Mike Page, how do we know the event broke even? I don't know MIke Zuglan from Adam and he probably is a great guy, but most business people don't let youi know what they make cause that leads to people wanting to take advantage of them further.

This isn't akin to serving jail time. Its someone's hobby. Let's be real here, if someone can afford a 200 entry pool tournament, travel, hotel, etc, they are not losing their livelihood if they must forfeit and not be refunded.

Page's point wasn't if Zuglan breaks even or not. It was simply that he might "expect" those extra entry fees from players that had to forfeit, when estimating his profit/loss sheets.
 
You missed my point Steve.

If in 2014, 2015, and 2016, the event broke even and collected 134, 135, and 133 entry fees for 128 slots, a projection for 2017 might be that 133 entry fees are collected. This is no different on the plus side than, say, Walmart assuming x% shoplifting on the down side.

I can promise you, he's doing much better than breaking even on these events. The casino gives me VERY good money just to hold the event and draw people in. He's got the best deal in pool... But that's not the point.
 
Page's point wasn't if Zuglan breaks even or not. It was simply that he might "expect" those extra entry fees from players that had to forfeit, when estimating his profit/loss sheets.

My point is that he shouldn't have it factored into his bottom line that there is an expected # of people to back out, not give a refund and then profit off of the new entries paid. It would sit better with me if he did what other casino promoters do like Mark Griffin and charge $4 for a banana to pad the bottom line.

Or if he has this expansivie waiting list, charge a higher green fee (if he doesn't have one already). Charge $5 or $10 extra a person and he will get to his expected revenue he makes off of double charging for entries.
 
Not sure how this is a 'rip-off'....you know going in that the entry is non refundable....
...was anybody being tortured to enter.

Non refundable eliminates a lotta bullshit stories.....and scalpers.
 
I think the point of this topic is that people hate seeing other people making money.
 
My point is that he shouldn't have it factored into his bottom line that there is an expected # of people to back out, not give a refund and then profit off of the new entries paid. It would sit better with me if he did what other casino promoters do like Mark Griffin and charge $4 for a banana to pad the bottom line.

Or if he has this expansivie waiting list, charge a higher green fee (if he doesn't have one already). Charge $5 or $10 extra a person and he will get to his expected revenue he makes off of double charging for entries.

Well Steve, How do any of you non participants know MZ adds the cancelled entries to his bottom line? An early poster on this thread intimated that as a fact. That poster must have been MZ as he is the ONLY one who knows for sure.

Second, Mike's entry fee for the Turning Stone is $150 not $200. Only those players who do not support Mike's tour pay the $200 fee. Personally, I'd rather see Mike raise the non tour members entry fee to $400. Mike has 17 or so stops on the tour. We pay travel expences for each event instead of one or two. We get "cheated" not the one or two event players.

Suppose most of the negative posters on this thread would prefer Mike to close down the TS event rather than allow him to make money! This thread is just so sad!!!

Lyn
 
I think the point of this topic is that people hate seeing other people making money.

Not at all. The point is, people have seeing others make money in shady ways.

If you don't think it's shady, then you're probably also a shady person.
 
Well Steve, How do any of you non participants know MZ adds the cancelled entries to his bottom line? An early poster on this thread intimated that as a fact. That poster must have been MZ as he is the ONLY one who knows for sure.

Second, Mike's entry fee for the Turning Stone is $150 not $200. Only those players who do not support Mike's tour pay the $200 fee. Personally, I'd rather see Mike raise the non tour members entry fee to $400. Mike has 17 or so stops on the tour. We pay travel expences for each event instead of one or two. We get "cheated" not the one or two event players.

Suppose most of the negative posters on this thread would prefer Mike to close down the TS event rather than allow him to make money! This thread is just so sad!!!

Lyn

No problem with him making money, just make it in a non shady way. Shouldn't be tough. He's def making money thanks to the casino.
 
Well Steve, How do any of you non participants know MZ adds the cancelled entries to his bottom line? An early poster on this thread intimated that as a fact. That poster must have been MZ as he is the ONLY one who knows for sure.

Second, Mike's entry fee for the Turning Stone is $150 not $200. Only those players who do not support Mike's tour pay the $200 fee. Personally, I'd rather see Mike raise the non tour members entry fee to $400. Mike has 17 or so stops on the tour. We pay travel expences for each event instead of one or two. We get "cheated" not the one or two event players.

Suppose most of the negative posters on this thread would prefer Mike to close down the TS event rather than allow him to make money! This thread is just so sad!!!

Lyn

You think a non tour member should pay almost 3 times a non tour member.
How do you become a tour member anyways?

I run a tour - not pool cause it isn't worth the effort - but i would never keep someone entry's fee. And I would never double dip the entry fees either. To be clear that would never come up, cause I think limited entrant events are dumb. I'm not lazy and can make any # of entries work. Been saying that for years that is one of the biggest mistakes pool makes. The list is long in what is wrong in pool but the bigger the better. Pool leagues get it, oh and they are the most successful thing in pool. Let's get the dead money in there and the top will grow as well. But again, I couldn't sleep at night putting any dead money from double entries into my own pocket.
 
Do we know for certain what Mike does with the money or are we all making assumptions? Serious question. I honestly don't know and I am not sure anyone here does either.
 
No problem with him making money, just make it in a non shady way. Shouldn't be tough. He's def making money thanks to the casino.

Would it be OK if your "extra" non refunded entry go fully to the player prize fund? Say he keeps the non-refundable part but pledges that if you cancel then someone else takes your spot and pays their entry fee, your entry fee goes into the prize pot 100% with nothing taken out for him.
 
Not at all. The point is, people have seeing others make money in shady ways.

If you don't think it's shady, then you're probably also a shady person.

Or I know how to read fine print. Every time I book a hotel or rental car with hotwire.com I'm well aware the room is non-refundable. I know the risks going in.

My mom once booked a room in Wildwood, NJ and had to cancel. They refunded half of the deposit. She didn't *****. She read the fine print going in.

Zuglan presents the policy and doesn't dodge. You have two options: pay it and play or walk. No one is pointing a gun at your head.
 
Not at all. The point is, people have seeing others make money in shady ways.

If you don't think it's shady, then you're probably also a shady person.

I think you're nuts, if you think I'm shady because I don't think Zuglan is shady on this topic. ha ha.

Get over it.
 
Or I know how to read fine print. Every time I book a hotel or rental car with hotwire.com I'm well aware the room is non-refundable. I know the risks going in.

My mom once booked a room in Wildwood, NJ and had to cancel. They refunded half of the deposit. She didn't *****. She read the fine print going in.

Zuglan presents the policy and doesn't dodge. You have two options: pay it and play or walk. No one is pointing a gun at your head.

It's a totally different situation. A hotel, for the most part you can book the day before. Same with a rental car. You don't have to book these things 9 months before... That's the difference.

I recently booked a non refundable flight through delta. My connecting flight through American didn't get me to my destination so I changed courses. I called Delta and they gave me a credit (minus a transfer fee) for a ticket at a later date.

If this tournament at least made some sort of an effort for someone asking months before the tournament starts, you'd think he would work with them. If I find out my best friend is getting married that day and only gave me 7 months notice, but I booked this tournament 9 months ahead... It's absolutely shady he won't at least try to work with someone.
 
Do we know for certain what Mike does with the money or are we all making assumptions? Serious question. I honestly don't know and I am not sure anyone here does either.

No clue. Don't really care either. If I paid my entry and couldn't get it back, you better give me a forfeit and not fill the spot. Getting paid twice is shady af.
 
It's a totally different situation. A hotel, for the most part you can book the day before. Same with a rental car. You don't have to book these things 9 months before... That's the difference.

I recently booked a non refundable flight through delta. My connecting flight through American didn't get me to my destination so I changed courses. I called Delta and they gave me a credit (minus a transfer fee) for a ticket at a later date.

If this tournament at least made some sort of an effort for someone asking months before the tournament starts, you'd think he would work with them. If I find out my best friend is getting married that day and only gave me 7 months notice, but I booked this tournament 9 months ahead... It's absolutely shady he won't at least try to work with someone.

A lot of people see the world black and white, good luck arguing with everyone in this thread lol...

Not that my opinion is worth much but not refunding in reasonable circumstances is a terrible business practice.
 
Funny.....Mike's tour has been going how many years now and this is just now being discussed? Jesus, if you don't like it don't plan on playing, simple as that!
 
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