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  #1  
Old 02-27-2006, 12:17 AM
soah soah is offline
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Default Re: ZeeJustin at PokerStars, encore

[ QUOTE ]
It does not provide a disincentive to cheat. Someone can cheat like Justin did, and they know that even if they get caught they will only lose the amount the stole. If they don't get caught then their theft is profitable. Hence, it is impossible for them to lose by cheating.

[/ QUOTE ]

That's not entirely correct. He's not just losing the winnings from the times that he cheated; he is losing the money (and time) he invested in them as well.

For example if a perfectly average player spends $3000 in tournament entry fees, he figures to end up with about $3000 (breakeven) when he is done. If he cheats, then he thinks he can end up with $4500... but if he gets caught, he ends up with $0. In that sense he is risking losing $3000 to possibly win $1500. The only way that cheating is risk-free is if he figures to have exactly 0 ROI when not cheating.
  #2  
Old 02-27-2006, 01:29 AM
betadecay betadecay is offline
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Default Re: ZeeJustin at PokerStars, encore

[ QUOTE ]
[ QUOTE ]
It does not provide a disincentive to cheat. Someone can cheat like Justin did, and they know that even if they get caught they will only lose the amount the stole. If they don't get caught then their theft is profitable. Hence, it is impossible for them to lose by cheating.

[/ QUOTE ]

That's not entirely correct. He's not just losing the winnings from the times that he cheated; he is losing the money (and time) he invested in them as well.

For example if a perfectly average player spends $3000 in tournament entry fees, he figures to end up with about $3000 (breakeven) when he is done. If he cheats, then he thinks he can end up with $4500... but if he gets caught, he ends up with $0. In that sense he is risking losing $3000 to possibly win $1500. The only way that cheating is risk-free is if he figures to have exactly 0 ROI when not cheating.

[/ QUOTE ]

This is also incorrect. He's not loosing his winnings, they aren't his since he cheated them. All he is losing is his time and his buy in. That is so lame stars.
  #3  
Old 02-27-2006, 01:40 AM
soah soah is offline
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Default Re: ZeeJustin at PokerStars, encore

I don't understand the significance of misspelling a word in bold italics? I'm not trying to be a spelling nit but if you think you are "fixing" my post then you should be aware that I spelled the word correctly.

Other than that you seem to be trying to argue semantics with me.

But I do find it amusing that you tell me my post is incorrect, but then go on to say "he's losing his time and buy in" .... when my post was a direct retort to the statement "it is impossible for them to lose by cheating."
  #4  
Old 02-27-2006, 01:45 AM
PartyGirlUK PartyGirlUK is offline
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Default Re: ZeeJustin at PokerStars, encore

Lee,

I (Deanrover6), have withdrawn my money from pokerstars as I don't wish to play at a site that takes such a pussilanimous attitude towards fraudsters. I had just deposited after a long hiatus and was planning on making it my home for 4+ tabling the 30-60. I refuse to entrust my livelihood to a site that refuses to provide a disincentive to cheat.

Dean
  #5  
Old 02-27-2006, 02:09 AM
mbpoker mbpoker is offline
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Default Re: ZeeJustin at PokerStars, encore

I think you misinterpret the impact of Stars policy . It gives a huge disincetive for cheaters, not really different from the perceived Party's policy.

And where is anybody from Party to explain the policy? All we know that Party confiscated funds from ZJ and JJ. Nowhere did party say that they confiscated more than what was won by cheating, just that they confiscated their balances.
  #6  
Old 02-27-2006, 02:15 AM
betadecay betadecay is offline
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Default Re: ZeeJustin at PokerStars, encore

[ QUOTE ]
I think you misinterpret the impact of Stars policy . It gives a huge disincetive for cheaters, not really different from the perceived Party's policy.

And where is anybody from Party to explain the policy? All we know that Party confiscated funds from ZJ and JJ. Nowhere did party say that they confiscated more than what was won by cheating, just that they confiscated their balances.

[/ QUOTE ]

All funds in JJprodigy and ablackcar were confiscated. This was 40k extra. The same thing happened with ZJ. I'm not sure how much was extra. but it was 6 accounts that were confiscated. Obviously not all from cheating. Again I ask-

Where would you rather cheat?

Party or Stars?
  #7  
Old 02-27-2006, 03:41 AM
mbpoker mbpoker is offline
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Default Re: ZeeJustin at PokerStars, encore

[ QUOTE ]
Where would you rather cheat?

[/ QUOTE ]

After all this mess, I woudn't cheat on either. But then I don't cheat. We should ask ZeeJustin.
  #8  
Old 02-27-2006, 02:08 AM
betadecay betadecay is offline
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Join Date: Oct 2005
Location: Teddy\'s Mom\'s house
Posts: 1,161
Default Re: ZeeJustin at PokerStars, encore

[ QUOTE ]
I don't understand the significance of misspelling a word in bold italics? I'm not trying to be a spelling nit but if you think you are "fixing" my post then you should be aware that I spelled the word correctly.

Other than that you seem to be trying to argue semantics with me.

But I do find it amusing that you tell me my post is incorrect, but then go on to say "he's losing his time and buy in" .... when my post was a direct retort to the statement "it is impossible for them to lose by cheating."

[/ QUOTE ]

I was not trying to imply you misspelled, only imply that the term was used incorrectly. He did not lose any winnings, He only lost his buy-in. I'm completely correct in saying this. BTW, thanks for pointing out my spelling error.
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