Duly noted. Thanks,JB
A Friendly Warning to Gamblers From Richie Richardson
- Thread starter CJ Wiley
- Start date
It has been before the judge in Washington state.
Harry Platis succeeded with a similar argument before a judge in Washington state. The judges decision was as I stated. So the losers had to make good on the bet between the shooters but the bet between their partners on the side was not paid.
Just an idea to keep it legit?
Let me begin with I admitt I by am no means a lawyer, I have some that are friends, I have on retainer some really good ones, and I have seen a court room once or twice.
With that being said, I have and idea that I think would work.
If anyone were looking to gamble ANYWHERE, if both parties were to incorporate in their respective states, ( cost about $150 all in ) with that incorporation comes the rite to sell, possess, trade privately held stocks in said company.
So im player x incorps as The Best Pool Player on Earth, and decides to sell some stock to better or back ( for x amount of dollars to whoever ) afterwards they decide to sell it back for $1 or full amount or whatever I believe; even if jotted down on a bar napkin it would be a legal transaction.
Why? Everyone knows as previous stated one on one is fine so why wouldn't a Corp be allowed to pay dividends as corp sees fit? And trading " stock " as they see fit?
Just an idear.
Ps- for legal incorporation said board " owner" must hold one " documented board meeting " per year.
Anyone with more expertise please chime im
Let me begin with I admitt I by am no means a lawyer, I have some that are friends, I have on retainer some really good ones, and I have seen a court room once or twice.
With that being said, I have and idea that I think would work.
If anyone were looking to gamble ANYWHERE, if both parties were to incorporate in their respective states, ( cost about $150 all in ) with that incorporation comes the rite to sell, possess, trade privately held stocks in said company.
So im player x incorps as The Best Pool Player on Earth, and decides to sell some stock to better or back ( for x amount of dollars to whoever ) afterwards they decide to sell it back for $1 or full amount or whatever I believe; even if jotted down on a bar napkin it would be a legal transaction.
Why? Everyone knows as previous stated one on one is fine so why wouldn't a Corp be allowed to pay dividends as corp sees fit? And trading " stock " as they see fit?
Just an idear.
Ps- for legal incorporation said board " owner" must hold one " documented board meeting " per year.
Anyone with more expertise please chime im
Fred;
With respect to the action award being allowed to continue, couldn't a case be made that those vying for this are not breaking any rules and really have no control over what happens on the rail.
like keep these two things distinct & separate...
maybe.
best,
brian kc
Hi, Brian. We could say this till we're blue in the face, but the reality is that if the Award continues to be part of the Derby City Classic, the Gaming Commission will be looking closer and closer to any rules infractions. The award itself was born from the action.
I think it's more of a case of "hey, we were letting things slide... why the overt advertisement?" Greg fully accepts that his excitement of having an award that glorifies the action and allowing a national writer to write about it has led to this warning and closer inspection.
Freddie Agnir
AE Award Committee
Freddy puts it into perspective since he has been involved with the Award for as many years.
Altho I don't gamble and have close to no idea on how to do it on a table properly, I see nothing wrong with what has been happening at the DCC.
In a Simpler World eh. I guess these days when the Gov is even in your own living and bedrooms, what else can one expect.
One could only hope that thousands of these Gov agencies might have larger fish to fry than pee on someone's parade for a few days tho.
If they consider what is happening illegal, I am sure that there 100's if not more of the same happening daily in the USA. Probably legal tho, if the proper palms get greased.
Altho I don't gamble and have close to no idea on how to do it on a table properly, I see nothing wrong with what has been happening at the DCC.
In a Simpler World eh. I guess these days when the Gov is even in your own living and bedrooms, what else can one expect.
One could only hope that thousands of these Gov agencies might have larger fish to fry than pee on someone's parade for a few days tho.
If they consider what is happening illegal, I am sure that there 100's if not more of the same happening daily in the USA. Probably legal tho, if the proper palms get greased.
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I didn't see that story before, thanks for posting about it, and for the link.
GoldenFlash
Banned
LOL at anyone being dumb enough to bet on 3 card monte.
"Big time smart gamblers" indeed.
Anyone with a brain knows the hustle on that since they first read a magician book when they were 11 years old.
Too funny........:wink:
And given that the casino might want to think twice before they act obnoxious enough towards the DCC that the event moves to a non-casino convention facility.
The DCC is an absolute gift to the casino, a huge group of degenerate gamblers coming from all over the world into one place to play in pool tournaments, where most people get knocked out, and then gamble in pool AND the casino until 90%+ of the people leave with 20% of the money they entered with and the bulk of that money they lost is now in the count room of the casino.
A HUGE number of people who win a big action match will invariably lose some of that back to the casino, same thing for the tournaments and the high finishers, many a person will try to double or triple their winnings at the casino to make up for a missed 9-ball and end up losing it all.
They might want to limit their cracking down on the action, if they end up pissing the DCC off enough that the lose the event they will feel pretty f'ing stupid at chasing away their piece of that action...
Casinos seem to do pretty well when pool tournaments are in town. Last year at the USBTC in Reno it wasn't uncommon to see a lot of familiar players standing at the craps tables after their matches.
This is an interview with Greg, founder of diamond tables, telling the history behind Diamond, Derby, etc. This was at last years Derby and he mentions the coming crackdown during the interview.
http://youtu.be/qQCWA9LFhu0
http://youtu.be/qQCWA9LFhu0
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note to self: do not turn to guy behind me in the action room wearing Indiana Gaming Commission shirt and ask him to pick someone for a hundo....:sorry:
"You can't con an honest man, or a teacher"
I was fascinated in Dallas watching "Bubba" throw the "red card" at Rusty's on NW HWY Dallas. They told me how to do it and I practiced and went to high school to show all the kids. The teachers in my class got introduced to things that were typically unusual.
Mike Massey showed me how to change a nickel to a dime in someone else's hand, of course I tried it out on my teacher. She swore I didn't get it, and almost had a heart attack when she opened her hand to see.........the dime, instead of the nickel.
"You can't con an honest man, or a teacher"
I was fascinated in Dallas watching "Bubba" throw the "red card" at Rusty's on NW HWY Dallas. They told me how to do it and I practiced and went to high school to show all the kids. The teachers in my class got introduced to things that were typically unusual.
Mike Massey showed me how to change a nickel to a dime in someone else's hand, of course I tried it out on my teacher. She swore I didn't get it, and almost had a heart attack when she opened her hand to see.........the dime, instead of the nickel.
"You can't con an honest man, or a teacher"
GoldenFlash
Banned
Sounds like you're "with it" in more ways than just pool.I was fascinated in Dallas watching "Bubba" throw the "red card" at Rusty's on NW HWY Dallas. They told me how to do it and I practiced and went to high school to show all the kids. The teachers in my class got introduced to things that were typically unusual.
Mike Massey showed me how to change a nickel to a dime in someone else's hand, of course I tried it out on my teacher. She swore I didn't get it, and almost had a heart attack when she opened her hand to see.........the dime, instead of the nickel.
"You can't con an honest man, or a teacher"
Running that slug in and out for the bent card in monte is tough. Took me almost a hundred hours to gaff it so it could not be seen...even with a slow motion movie camera.
Now, the old reliable Gypsy Switch (ala Massey) takes half that, but knocks them for a loop every time.
I am adding something to the line about not being able to con an honest man, etc.
It should read: "You can't con an honest man, or a teacher, but you can rob a bunch of pool players blind because they think (collectively speaking) that they know everything about everything" :wink:
Cheers...... View attachment 370603
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Good post.
Thanks for the link, that a good read..., not sure where pool is headed in this country, but it looks more and more like amateur play is where its at.
Thanks for the link, that a good read..., not sure where pool is headed in this country, but it looks more and more like amateur play is where its at.
It is ironic that they are against gambling in a casino where all suckers are welcomed with open arms (I give you the slot machines! :wink
. But that is how the world works today, everybody wants a piece of the action and the bureaucrats (Gambling Commission) love to throw their weight around.
I miss the old Vegas where the big bosses (owners of the casinos) would come to the pool tournament and hang out with the players. The biggest gamblers were always favored in the casinos back then. The bigger the game the more they liked it. Of course they often wanted some juice as well when the action was over. You make a big score, you slip them 10%. That's how it was a long time ago. We got comped for meals, our rooms and just about anything when we were there.
All that said, you just have to keep your mouth shut when making a side bet. Do it privately, like I have many times. I don't need to announce that I want a bet. First I ask around who likes the other guy and I go over and have a private conversation with him. No one ever knows we're betting the match and we settle up afterwards. I guess I've done that 100 times at DCC and no one has said Boo to me yet. A word to the wise is all.
I did bet as much as $5,000 on a match at the old Executive but the biggest bet I've ever made at the casino is 1K. The only game I will play in their casino is poker. Everything else is a trap!
. But that is how the world works today, everybody wants a piece of the action and the bureaucrats (Gambling Commission) love to throw their weight around. I miss the old Vegas where the big bosses (owners of the casinos) would come to the pool tournament and hang out with the players. The biggest gamblers were always favored in the casinos back then. The bigger the game the more they liked it. Of course they often wanted some juice as well when the action was over. You make a big score, you slip them 10%. That's how it was a long time ago. We got comped for meals, our rooms and just about anything when we were there.
All that said, you just have to keep your mouth shut when making a side bet. Do it privately, like I have many times. I don't need to announce that I want a bet. First I ask around who likes the other guy and I go over and have a private conversation with him. No one ever knows we're betting the match and we settle up afterwards. I guess I've done that 100 times at DCC and no one has said Boo to me yet. A word to the wise is all.
I did bet as much as $5,000 on a match at the old Executive but the biggest bet I've ever made at the casino is 1K. The only game I will play in their casino is poker. Everything else is a trap!