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Hedging Controversy

Posted By: Joe Russell
Date: Sunday, 16 October 2011, at 7:35 a.m.

In Response To: Hedging Controversy (Stick)

This was probaby just a misunderstanding. Player A probably knew winning was worth $1500 in equity and stated to Player B something like 'since winning is worth $1500.......'. Player A probably assumed Player B, maybe mistakenly, had some clue about the structure of the tournament he was in and did not, unfortunately, feel it necessary to lay everything out for Player B.

I am not sure what is required by contract law here. Maybe Player B owes nothing. I do know a reasonably fair solution that should leave both parties happy and shows good sportsmanship. Have Player B give Player A the percentage of the 1500 in equity they were hedging. If Player B cashes, he should deduct any potential travel expenses, within reason, from the prize pool and give Player A his percentage of the remaining money. Player A and Player B can agree, ahead of time, whether Player A will participate in any future hedges by Player B.

Messages In This Thread

• Hedging Controversy
  Stick -- Saturday, 15 October 2011, at 6:19 p.m.
  • Hedging Controversy
    MFIC -- Saturday, 15 October 2011, at 6:35 p.m.
    • Hedging Controversy
      Tom Keith -- Saturday, 15 October 2011, at 8:37 p.m.
  • Hedging Controversy
    christian munk-christensen -- Saturday, 15 October 2011, at 6:45 p.m.
  • Hedging Controversy
    Sam Pottle -- Saturday, 15 October 2011, at 6:45 p.m.
    • Hedging Controversy
      Steve Mellen -- Saturday, 15 October 2011, at 7:38 p.m.
  • Hedging Controversy
    Casper van der Tak -- Saturday, 15 October 2011, at 7:48 p.m.
    • Hedging Controversy
      Casper van der Tak -- Sunday, 16 October 2011, at 5:59 a.m.
  • Hedging Controversy
    Jason Lee -- Saturday, 15 October 2011, at 9:19 p.m.
  • Hedging Controversy
    lenny -- Saturday, 15 October 2011, at 10:18 p.m.
    • Hedging Controversy
      Stick -- Saturday, 15 October 2011, at 10:19 p.m.
      • Hedging Controversy
        lenny -- Saturday, 15 October 2011, at 10:21 p.m.
        • Hedging Controversy
          Stick -- Saturday, 15 October 2011, at 10:32 p.m.
          • Hedging Controversy
            lenny -- Sunday, 16 October 2011, at 1:58 a.m.
            • Hedging Controversy
              Michael Nielsen -- Sunday, 16 October 2011, at 8:39 a.m.
              • Hedging Controversy
                lenny -- Sunday, 16 October 2011, at 9:51 p.m.
  • Hedging Controversy
    Chuck Bower -- Saturday, 15 October 2011, at 11:51 p.m.
  • Hedging Controversy
    Leonardo Jerkovic -- Sunday, 16 October 2011, at 2:24 a.m.
    • Hedging Controversy
      Daniel Murphy -- Sunday, 16 October 2011, at 2:33 a.m.
    • Hedging Controversy
      Gregg Cattanach -- Monday, 17 October 2011, at 12:27 p.m.
      • Hedging Controversy
        Stick -- Monday, 17 October 2011, at 1:09 p.m.
        • Hedging Controversy
          Gregg Cattanach -- Monday, 17 October 2011, at 2:03 p.m.
          • Hedging Controversy
            Stick -- Monday, 17 October 2011, at 4:38 p.m.
            • Hedging Controversy
              Daniel Murphy -- Monday, 17 October 2011, at 4:45 p.m.
  • Hedging Controversy
    Phil Simborg -- Sunday, 16 October 2011, at 3:40 a.m.
    • Hedging Controversy
      Chuck Bower -- Monday, 17 October 2011, at 3:02 a.m.
  • Hedging Controversy
    garyo -- Sunday, 16 October 2011, at 7:04 a.m.
  • Hedging Controversy
    Joe Russell -- Sunday, 16 October 2011, at 7:35 a.m.
    • Hedging Controversy
      Stick -- Sunday, 16 October 2011, at 9:37 a.m.
      • Hedging Controversy
        Daniel Murphy -- Sunday, 16 October 2011, at 1:22 p.m.
        • Another solution
          Tom Keith -- Sunday, 16 October 2011, at 2:06 p.m.
          • Another solution
            Casper van der Tak -- Sunday, 16 October 2011, at 3:29 p.m.
          • Another solution
            Nack Ballard -- Tuesday, 18 October 2011, at 3:45 a.m.
        • Hedging Controversy
          Stick -- Sunday, 16 October 2011, at 3:25 p.m.
          • Hedging Controversy
            Daniel Murphy -- Sunday, 16 October 2011, at 4:58 p.m.
          • Hedging Controversy
            Steve Mellen -- Sunday, 16 October 2011, at 6:28 p.m.
            • Hedging Controversy
              Casper van der Tak -- Sunday, 16 October 2011, at 6:52 p.m.
            • Hedging Controversy
              Daniel Murphy -- Sunday, 16 October 2011, at 7:01 p.m.
      • Hedging Controversy
        Matt Reklaitis -- Monday, 17 October 2011, at 7:50 p.m.
        • Hedging Controversy
          Casper van der Tak -- Monday, 17 October 2011, at 8:13 p.m.
  • Hedging Controversy
    christian munk-christensen -- Sunday, 16 October 2011, at 9:57 a.m.
    • Hedging Controversy
      Chuck Bower -- Monday, 17 October 2011, at 2:52 a.m.
  • Hedging Controversy - Another Opinion #1
    Stick -- Sunday, 16 October 2011, at 3:49 p.m.
    • Hedging Controversy - Another Opinion #2
      Stick -- Sunday, 16 October 2011, at 3:55 p.m.
      • Hedging Controversy - Another Opinion #3
        neilkaz -- Sunday, 16 October 2011, at 4:32 p.m.
  • Hedging Controversy
    falafel -- Sunday, 16 October 2011, at 8:59 p.m.
  • Hedging Controversy
    Turz -- Monday, 17 October 2011, at 3:07 p.m.