First of all, I think I will defend my innocence. More than anything else, that's because I am truly innocent. Also, because I am a casino player. My reputation is definitely more than $50,000. If I accept that I am a cheater, would casinos still welcome me? They label me as a cheater and possibly won't admit me ever again. I would definitely lose potential winnings. Moreover, of course, that's dishonorable and unfair. I guess my kind of pride wouldn't accept this.
Secondly, although I'm not a lawyer, I'm aware that there is such a thing as financial damages. If you're wrongly accused of cheating and the court has found out that you are not, you can demand financial damages from the accuser. That would cover your lawyer's fee, travel expenses, and other costs brought about by the false accusation. So I wouldn't mind paying $50,000 to prove my innocence because in the end I will have the accuser pay me for everything.
Topic: How much is your reputation worth? $500 or $50,000. - page 2. (Read 248 times)
An interesting dilemma.
From a practical point of view, it is easier and cheaper to pay a fine of $500 and not remember this incident. But only if this event does not leave a stain on personal reputation, which will ruin the rest of your life. It seems to me that it will be necessary to weigh the pros and cons of this decision, which may differ in different situations. As they say, situations are different and there can be no universal answer to everything.
$50,000 is a small amount to rehabilitate the reputation, if the reputation in the future will allow you to earn more than this amount spent. Otherwise, it's money down the drain.
But in general, a good reputation does not cost any money and is priceless.
From a practical point of view, it is easier and cheaper to pay a fine of $500 and not remember this incident. But only if this event does not leave a stain on personal reputation, which will ruin the rest of your life. It seems to me that it will be necessary to weigh the pros and cons of this decision, which may differ in different situations. As they say, situations are different and there can be no universal answer to everything.
$50,000 is a small amount to rehabilitate the reputation, if the reputation in the future will allow you to earn more than this amount spent. Otherwise, it's money down the drain.
But in general, a good reputation does not cost any money and is priceless.
It all depends on my personality, if I am a public figure or a celebrity then I can spend $50k to let the people see that am clean and have a good skill I'm Black jack and if I have shown my innocence in court,I will also tell the judge to tell the casinos to grant me free access to be playing Black jack,since it is said they some casinos don't allow him to play. Good reputation brings out the difference and respect in our lives.
If I am not rich and a low class,I will gently pay the fine of $500 dollar,even if I am not allowed to play anymore in the casino,I will go and look for other casinos that haven't known me.
If I am not rich and a low class,I will gently pay the fine of $500 dollar,even if I am not allowed to play anymore in the casino,I will go and look for other casinos that haven't known me.
I personally don't want to bother with everything, I'd rather spend 500$ to pay a fine than I have to spend 50k$, because the court requires a long and time-consuming process, and not necessarily our reputation will return, because I believe blackjack will block me later
which is definitely mandatory to prove we can get more wins than that after paying the fine
which is definitely mandatory to prove we can get more wins than that after paying the fine
He did not lose $50k but also lose his WSOP main event title it's a pyrrhic victory in my opinion
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A Pyrrhic victory is a victory that inflicts such a devastating toll on the victor that it is tantamount to defeat
he lose a lot more than gaining I consider this a defeat, its just pride that makes him wanna win the battle, but its not worth it in exchange for the huge amount, loss of time and your title, I prefer to get fined by $500.
I would probably just pay the $500 rather than go through all that trouble going to trial and paying $50K. that is just me because I do not care what other thinks as long as I know that I did not cheat. I do not need to prove myself to anyone.
But I guess it is different for Stu since he has a reputation to uphold, and it seems to me that gambling is his source of income. If he gets banned because he is accused of cheating, it will have a large effect on his life. And I think he has the money to pay for the trial and everything.
But I guess it is different for Stu since he has a reputation to uphold, and it seems to me that gambling is his source of income. If he gets banned because he is accused of cheating, it will have a large effect on his life. And I think he has the money to pay for the trial and everything.
There are people that values more of their reputation than leaving it alone and don't want to ignore it. Well, if that's on me, I wouldn't bother myself fighting with that right on court and spending a lot of money.
Totally ignoring it will work for me and it won't hurt my ego.
But I guess, legends will be legends and they'll have to do what they think is right and will fight for.
Totally ignoring it will work for me and it won't hurt my ego.
But I guess, legends will be legends and they'll have to do what they think is right and will fight for.
I personally don't want to bother with everything, I'd rather spend 500$ to pay a fine than I have to spend 50k$, because the court requires a long and time-consuming process, and not necessarily our reputation will return, because I believe blackjack will block me later
which is definitely mandatory to prove we can get more wins than that after paying the fine
which is definitely mandatory to prove we can get more wins than that after paying the fine
If he pays $500 would he still be able to play poker again? Because if this is the case, why would I spend $50,000 for a wasteful talk?
I can just play again and let people watch me closely play and win again.
$50K is too much to waste but probably for some other people, they'd spend that much to clean his reputation and prove to the world he is not what they say they are. If I would look at myself and know I didn't cheat I'm not paying that much.
I can just play again and let people watch me closely play and win again.
$50K is too much to waste but probably for some other people, they'd spend that much to clean his reputation and prove to the world he is not what they say they are. If I would look at myself and know I didn't cheat I'm not paying that much.
A topic that I answered, which mentioned what to do if you won $50k, it reminded me of the history of the title.
The character in this story, far from paying a fine of $500 and leaving his situation for granted or ended, never stopped maintaining that he was not a cheat and went to trial, the cost of that trial was $50,000. He showed that he won because of his exceptional skills at Black Jack.
BtW, that the character in question was a quintessential definition of what a Gambler is, he won big money (millions) and him did it the same to lose it but he left an extra to worry about his reputation, Stu Ungar bet on it and won.
Also add that this player was recognized for having a fairly high level of intelligence, he was able to predict cards from up to three decks, according to legend, at the end of the 70s he destroyed the casinos playing Black Jack and it is thanks to his skils that the casinos were adding decks, in some Casinos despite it, the entry was prohibited for this player.
It's worth the question in hindsight:
1.- You accept being told that you cheated, you pay the $500 fine and that's it, life goes on. You know that those who appreciate you know of your virtues, and you do not need to cheat.
2.- You defend your innocence!.
Omg! but you know that it has a price of $50,000 that leaves you possibly as the topic I am commenting on... in a change of life.
I think I know the average(@) response, but it's good to know what the best opinions are.
Also leave you in any case this story of one of the greatest poker players, who did not know how to control his great skills and as a great poker player Mike Sexton said, "he never understood the importance of winning and ensuring a future*". More words, less words but something like that he said.
Source:
Black Jack
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n 1982, Ungar was fined by the New Jersey Gaming Commission for allegedly cheating while playing blackjack. The casino said that Ungar "capped" a bet (put extra chips on a winning hand after it was over to be paid out more), and gave him a fine of $500. Ungar vehemently denied the allegation, and said that his card counting skills were so good that he didn't need to cheat. Ungar fought the case in court and won. He avoided the $500 fine, but paid about $50,000 in legal and travel expenses. Ungar stated that he was so exhausted from travel and court proceedings that he was not able to successfully defend his WSOP main event title.
https://www.homepokergames.com/ungar.phpQuote
When it came down to competition, Stu was a born winner and losing was not one of acceptable scenarios for the young wizard (as he would certainly be called by his peers today). He became famous for his saying Show me a good loser and I'll just show you a loser. L:
https://www.documentarytube.com/articles/stu-ungar-story--the-champ-who-was-and-could-have-been(*):I remember Mike Sexton's phrase from a documentary I saw many years ago, I don't remember the name of the documentary but the message of what he meant will stay with me forever.
If I remember documentary title, I'll update it.
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