havent you guys seen Rounders? Mike McD vouches for Worm w grandma and then he owes grandma the money. be careful how you use the word vouch. it shouldnt be thrown around like " oh i talk to this kid on aim, i vouch for him"

 

Originally Posted by NG3434

I think there needs to be some sort of a program invented where you cannot scam someone. Like a third party that the staker deposits money into, then the stakee gives their account number to the casino when they register for a tournament, and all winnings are placed back into the third party account. I'm not smart enough with computers to program that but I think it would be valuable.

I mean, obv sounds good, but most US casinos won't let a third party register you for tourneys. The money has to come from you, and your accounts

 

Originally Posted by bkvt17

Interesting thread. My 2 cents, vouching may or may not have financial implications it depends on how the word is being used. I think Big Huni's update is the best thing that's happened hopefully this gets sorted out soon for you guys.

I agree it was, yet here we are a day later, with nothing more then before.

It just irritates me that when people fk up, they can't man up to what they did.

 

Originally Posted by Big Huni

I have spoken to Will about this and have heard the entire story. He will be coming on here and making a post soon to explain everything!

Big Huni - I'm surprised after this statement still no word from Will. :(

 

Originally Posted by pokerproplaya08

I tried to call him earlier, left him a msg, he got back to me while I was at work though and I couldn't pick up the call

I'll try again tomorrow n see if I hear anything.

Thank you for trying to help. It is appreciated.

 

Originally Posted by BIGSLICKLEV

I don't understand why everyone continues to go back to the "vouching" factor of this thread when Wacky has made it very clear that he is not holding any of the "references" responsible for anything...... I guess the idea of "vouching" should be made clear as a global issue, but I believe the main point of this thread is that Wacky just expects an explanation from the man himself re: what exactly happened with this stake during WSOP. Hope it works out for you and anyone else affected.

Thanks Lev for the post and good wishes. You summed up this nicely, besides wanting to know what happened during the stake, I want to know what to expect going forward at this point in time.

Will logged in yesterday to P5s, but did not update anyone in this thread or his staking thread. Thanks to those that have been in touch with him, just hope he explains himself and does the right thing on this going forward.

 

Originally Posted by wackyJaxon

Thanks Lev for the post and good wishes. You summed up this nicely, besides wanting to know what happened during the stake, I want to know what to expect going forward at this point in time.

Will logged in yesterday to P5s, but did not update anyone in this thread or his staking thread. Thanks to those that have been in touch with him, just hope he explains himself and does the right thing on this going forward.

Thats pretty shady to log-in and read the thread without reply either in the thread or via PM

ahh, all of these top players/scamming threads as of late are depressing me. hung out with Will a cpl days in vegas this summer, seemed like a great kid who was fine/doing well. hope it's just a misunderstanding and gets solved soon...the bdybldngpoker stuff is not surprising but equally as disappointing though

 

Originally Posted by andressoprano

Will is gonna make it right; there's absolutely no doubt in my mind. I understand that when you don't know the person in real life, and just see him as a piece of investment, it is very easy to label someone as a scammer. All I can say is that Will is not like that; he made the mistake of explaining himself to his main backers, and don't give the proper treatment to those with small pieces, and every day that went by it made it more difficult for him to face it, but he has this issue in mind at all times, and will take care of it.

Right now I'm fairly broke and can't put my money where my mouth is, but I would snap buy his debt at a 50% price if I could, and I'd be printing money. He WILL pay as soon as he collects the money.

Its not about the money (at least in my case, can't speak for other backers), its knowing what is going on etc.

Its good to hear that others that know him are coming in that he will make good on his investment, but I want to know how it got to this point where $35k of investor money (estimated based on one of the other staker's estimations) went missing, why the updates on this were so bad, what the story is going forward, and an accounting for what has gone on so far. I think myself and others invested have a right to know this as no-one invested money in Will for anything but tourney buy-ins. When the lines of communication are cut off none of this is possible.

I do think good people can get in over their heads at times, and have had friends that have had this happen to them that I am still friendly with. I don't think though anyone can fault me for making this thread based on the time that has passed since the stake was scheduled to end.

 

Originally Posted by andressoprano

Will is gonna make it right; there's absolutely no doubt in my mind. I understand that when you don't know the person in real life, and just see him as a piece of investment, it is very easy to label someone as a scammer. All I can say is that Will is not like that; he made the mistake of explaining himself to his main backers, and don't give the proper treatment to those with small pieces, and every day that went by it made it more difficult for him to face it, but he has this issue in mind at all times, and will take care of it.

Right now I'm fairly broke and can't put my money where my mouth is, but I would snap buy his debt at a 50% price if I could, and I'd be printing money. He WILL pay as soon as he collects the money.

Collects the money? He shouldn't have to "collect the money." when you're given money from a backer to play a tournament you don't go and use it for whatever you feel like.

Andre, your whole post doesn't sit well with me. You talk about how good of a person will is and how he didn't mean to do any wrong or whatever...but yet A. He still has yet to publicly state his side of the story or why he can't pay back this money. (which there is simply no excuse for. If you fucked up just man up and explain what happened) B. where the money went in the first place and why he used it for anything other than to playthe tourneys he was supposed to.
Both of those points make him an extremely untrustworthy person, regardless of how nice or great of a person he used to be.

As unfortunate as it is, since ive heard good things about him from many people, until he posts in this thread and begins to clear his name I think the community had no choice but to label him what wacky did in the OP: a scammer.

Hey,

I apologize for not contacting the rest of my investors until now.When I realized I was short of money to cover all the buy ins, I talked to my biggest investors and explained the situations. I am not trying to scam anyone here! This is what happened: This was the first time I sold action with mark up, and I didn't realize how much of my own money I had to put for buyins. Usually I get backed and get all the money up front, so the buyins are always completely covered. Once I was in Vegas and realized how much I had to put for buyins, I felt dumb and didn't want to tell the backers what happened, so what I did was play as many events as I could in order to cover the rest of buyins.
To make things worse, I played daily tournaments that were not included in the schedule, with the intention of putting the money in the package. I have all the receipts from everything I played. The money was not used in craps, roulette, blackjack, or any kind of gambling, it was all used in poker. Again I am completely sorry for my actions and will pay investors back as soon as I can. Promise!

SAY IT AIN'T SO WILL!

Thanks for coming on. I had a feeling something like that happened. You need to tell ALL of your investors the same thing. Just because we only put up a small piece of the package doesn't mean that we don't want to know what's going on and don't have every right to know if there's a problem. You probably discovered you didn't have enough money to play what you wanted to play close to two months ago, and this is the first we've heard of it...c'mon man.

That said, can we get some kind of accounting and more specifics? Like...

What were the cashes?
What were the unplayed tourneys that were charged in the package that you owe refunds for?

Based on that....

What do you owe everyone invested per 1%?
What do you have available to pay out now, have you paid anyone anything etc?
What's your plan to come up with the rest and what sort of timeframe?

If it's not going to be a quick process then you shouldn't show favortism in payouts based on who harasses you the most or any other criteria, everyone should be refunded in proportion.

If you prefer to do this privately, pm me/us.

 

Originally Posted by xxd33pxx

You may not have intended to scam anyone but that is exactly what it has turned out to be. Vouchers should be held accountable. You sold a package worth 75k in which you list a few big names that will vouch for your credibility. Im sry but your apology "promise" just does not cut it, there should be immediate consequences for your despicable actions and that should start with vouchers paying back investors funds right away. We are in a business where trust plays a huge part in our decision to buy action. When that trust is broken it is not the investors who should be suffering here, it is the horse and the vouchers.

You are not new here and even if this is your first time selling action, you should have known/learned how this works before you go and sell a package, esp of this size. This is not how this business is run.

Shame on you.

Don't think anyone he listed posted in the actual thread saying they'd "vouch" for him. So seems pretty absurd to hold those players accountable.

 

Originally Posted by xxd33pxx

You may not have intended to scam anyone but that is exactly what it has turned out to be. Vouchers should be held accountable. You sold a package worth 75k in which you list a few big names that will vouch for your credibility. Im sry but your apology "promise" just does not cut it, there should be immediate consequences for your despicable actions and that should start with vouchers paying back investors funds right away. We are in a business where trust plays a huge part in our decision to buy action. When that trust is broken it is not the investors who should be suffering here, it is the horse and the vouchers.

You are not new here and even if this is your first time selling action, you should have known/learned how this works before you go and sell a package, esp of this size. This is not how this business is run.

Shame on you.

Obviously vouchers should not be held accountable in this case, because clearly they themselves did not "vouch" for will..If they had, I agree 100%.

I have not done many staking deals myself, buy have friends who do them all the time. The way he handled this situation is quite poor. Yes he NOW has come and provided an explanation but even at that, if I was one of his "small investors" I would be like wtf..I mean is that anyway to conduct business? How disrespectful is that...when would they have been informed of this situation if wacky doesn't make this post?

He needed to post in his staking thread and let all investors know of his predicament upon arriving to Vegas. The money invested, was meant for specific tournies, outlined in his thread....not money for him to spend on other tournaments just because it was his first time selling action etc..and he didn't do the math correctly and wanted to make up the rest of the buy ins. (unless i mis read his post)

It's always best to be truthful and honest up front, saves everyone a headache in the end.

GL to all involved, I hope you get what is owed to you in a timely fashion.