Any plans to go pro again or should I write this off?
What's the cliff notes behind this 7 page story? Stallion booked bets which he knew he couldn't pay? How did his debt get so high, wouldn't it have become obvious he couldn't pay after a couple complaints?
Operated a viable post-up book for months, even years. Then he began losing with points that were non-wagered post up points and non-paid winnings. Poor accounting + losing gambling.
Very interesting turn of events.
mex is a good guy, I have no doubt he will pay everyone back!!!
I assume it's hard to pay back earning 6 daily pts. Can he only pay 2/day? If so, it should only take him 28 years to pay off the 20,347 pt debt.
This is mostly correct, although he was taking client points to the casino from pretty early on not just at the end. There was also the issue of large bonus with smallish rollovers. He shut down the book after the most month on record for real books (Sept 2011?) when square plays were hitting at like 70-75%.
FWIW, mex aint gonna go through all this hassle he has so far just to see it not completed. he will pay everyone off. if he needs to borrow another 3000 to go pro then thats what he should do.
2 Month break from PRO Status. I have been renewed now. This has the 2 points/day included in overall numbers. I didn't want to make constant posts for 2 points.