If people paid to enter this tournament I would say no, the Orleans is not
within its rights to claim forfeit of the winnings. That money was put up by
the entrants and belongs to them.
If it was a freeroll tournament they have more ethical leeway in my mind.
Still, it doesn't seem to me to serve any valid business purpose and can do
nothing more than irritate good customers.
In the Wiz's situation the Stratosphere sportsbook refused to pay a winning
bet on a legal technicality. There are many situations in which a gambler
has no legal recourse to collect a winning bet. That does not change the
fact that they welshed. Any ethical casino should pay a winning bet any time
it is claimed.
Cogno
-----Original Message-----
From: vpFREE@yahoogroups.
Luke Fuller
Sent: Sunday, February 3, 2008 5:03 PM
To: vpFREE@yahoogroups.
Subject: Re: [vpFREE] The Wizard of Odds: Las Vegas Casino Blacklist
You can't "welsh on a bet" when the bet is no longer valid.
I was in a video poker tournament a couple of weeks ago at
Orleans. Any winnings not picked up immediately after the
tournament 'awards ceremony' was sent to the casino cage.
Any winnings not picked up from the cage within 24 hours
was forfeited and Orleans kept the money.
All of this was explained in writing in the tournament rules
and again verbally by the tournament emcee.
Is Orleans "welshing on a bet" when it keeps tournament
winnings that are not claimed within their specified time limit?
Nope.
On 2/2/08, Cogno Scienti <cognoscienti@
>
> <<There is a time limit placed on almost all wagers and contests.
> State lotteries come to mind. Whether the time restriction is for 60
> days, 60 years, or 60 hours is immaterial. Rules were established
> by the casino. Rules were broken by the bettor. Why is the casino
> the bad guy for following the rules? >>
>
> Because they are welshing on a bet.
>
> Cogno
[Non-text portions of this message have been removed]
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