I have never been bought in a calcutta with the expectation that I buy half of myself back.
Calcutta Cease & Desist Order in Washington State
- Thread starter Jedco
- Start date
The accepted calcutta "rule" everywhere I have been and heard of has been that the player has a "right" to buy half of themselves from the winning bidder (up until the brackets are drawn), but are under no obligation to have to do so.
What I was thinking. People are not losing their houses betting on players in these calcuttas.
People ARE losing their houses betting on professional sports. I guess since the state is getting a cut it's all good.
I can't remember which online site they re using for the Vegas fish tourneys but they were still going a week ago.
Guess everyone needs to switch to that and keep their traps shut.
Zerksies
Well-known member
In my area it is expected.
It’s exactly what it is.. this company is making money off people gambling which is a no no .. lol
Around here you have to pay minimum bid to buy yourself if nobody else bids on you. Nobody is obligated to buy half of themselves. If they do buy half it is before a ball is hit. Some well known people don't buy half until they see they are going deep then try to buy half. Generally they are deservedly told tough doo-doo!
My big bellyache is some calcuttas take hours, as in six or eight, to run. The way they get those big pots is to start off with when the player was born and go from there! I'm worn out from standing around before the first match. The match info usually says starting immediately after the Calcutta so that can mean an hour and a half after the Calcutta starts or over eight hours.
Hu
If that's the case, why bug the guy?? I mean, seriously!! Have they caught all the real criminals already??
They are not making a dime. Read my earlier post on this thread.
Here comes the regulars to ruin threads in the main because they can’t keep their bullshit political opinions in the proper place.
dendweller
Well-known member
No obligation, but you look a little foolish with a room full of people ready to play with the TD saying, are you taking half yourself, and you say no.
Every calcutta i've ever been around it was player's option to buy half themselves not a requirement. Most of them would also take the 'no bid' players and lump them into a single buy. Me and a buddy bought a 'no bid' group and one of them came in third or fourth. Our $50 buy paid like $800.
Seen it happen a bunch. It is pretty lame i agree.
The site was never taking a cut. 3 TD's of events I went to in 3 different states uses it, and verify they don't take any cut. There is also zero advertising on their site. This is also at the bottom of their site:
How is that a problem for anything but an overbearing and intrusive government set on justifying its own existence?
I tend to agree here but there has always been gambling regulations whether its at the state level, feds or both.
I said thats why it’s a problem ..not that it should be.
The dude running the calcutta has nothing to do with any arrangements between the player and the calcutta buyer. Around here if someone buys me in the calcutta it is up to me to go find that person if I intend to buy 1/2 of myself back. The only people who are privy to the arrangement between the player and the calcutta buyer are the 2 involved unless someone talks.
The calcutta could go a whole quicker if the dude running told all investors that it was going to be run through quickly. The problem is the calcutta-er (the dude selling, I doubt that that is a word) Goes going once..........................., going twice..........................................., going 3 times...................................... then a long, long pause before he finally says "sold". Give them about 5 seconds before each count and the sold claim and they could get through the calcutta in less than an hour. They also need to make sure that the calcutta-er has at least one and maybe two people helping so he can stay on the mic and let others handle the paperwork and money collecting.
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Yrs ago in Olathe,Ks. they had a real no-shit auctioneer do the calcutta. That cat could do 128man field in less than 2hrs, maybe a lot less. He didn't fk around and it was awesome to watch/hear him work.