Re: Absolute Does Not Respond to Two Plus Two’s Fraud Investigation O
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That isn't quite accurate, they paid out more than was cheated. For example, in the 98 person POTRIPPER tournament they paid out $1K to every person in the event plus they bumped everyone up a spot. That is well more than the $30K that was cheated by POTRIPPER.
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This is of course a true and valid point.
My personal view on AP's "generosity" here is quite a bit harsher.
I really don't think they had a choice. 2p2 backed them into a corner and the $1K refund became required for survival. In legal speak, it's a mild form of compensatory relief.
In any kind of regulated environment there would also have been a HUGE punitive damage award. The ~$200K AP spent doing damage control disbursing POTRIPPER tournament cash would be a tiny drop in the bucket. Same thing with any money they return to their cash game players.
AP is getting off dirt cheap because there is no regulating authority forcing them to pay punitive damages.
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