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Getting back money from 'friend'
#51

Getting back money from 'friend'

Quote: (06-21-2017 07:52 PM)AneroidOcean Wrote:  

I'm not sure where I'm going with this exactly, but I think it's sort of an insight into how some people see money vastly differently than others. Not just from fiscal responsibility on a personal level, but moreso about small (or at least short-term) debts:

I've got friends who are in the professional/high stakes poker scene. I've been fortunate enough to witness more than a few interesting aspects of that world:

Example 1: I've watched a poker pro come in to the cash game section of a high stakes tournament with his pretty girlfriend and announce that he wants to either win 10 grand or play a small stakes (under 1k buy-in) single table tournament (where the prize is a buy-in to the main tournament).

He spots a guy who he's obviously gambled with before and they make a prop bet on the color of the flop (it's either majority red or majority black as there are 3 cards). They are literally betting even odds for entertainment. The flop comes black card, black card, red card. "YES!" he exclaims, then quickly "shit! normally I go black but I forgot I took red this time...damn" as he fishes ten $1,000 dollar chips out of his pocket, hands them to the other guy and drags his girlfriend by the hand over to play the single table tournament.

He didn't argue over the debt, he corrected himself immediately, and he didn't make excuses about having to pay the guy the next day or next week. It was done.

2. Another time I asked if I could help the people running the tournament (I was getting to come visit the tournament location for pretty cheap thanks to the organizers) and they said no, but actually maybe could I help with the satellite tournament? Of course. I get introduced to a film crew. I figured I'm going to go bring people coffee or help move something or some other simple but helpful task.

They don't explain what I'm going to do, but they tell me they're waiting on something to arrive and then I'll be able to help. Cool. Turns out what they were waiting to arrive is cash. Cash for the prize pool shot. It's supposed to be about a million dollars but of course they aren't going to risk that much actual cash for the video shoot. It's "only" well into 5-figures of cash in wrapped $1 bills. My job is to unwrap the stacks, slap a $100 bill on top/bottom and then re-wrap them with nice "$10,000" wrappers.

So I'm sitting here and thinking to myself "these people really live differently" as I handle more cash than I've ever seen in one place in my life. Now, sure, there are cameras around the event center but we weren't even on the main floor or anything and nobody is watching me. I realized they knew I wasn't there to take advantage of them and they treated me as one of them. It wasn't even their money, it was on loan from the casino!

3. This isn't one particular case, but many times over the experiences I've had in that world I'd see players run into each other, chat/catch up a little, decide they were going to play a certain tournament or a certain game last minute and instead of going to their room safe or wherever they get money from, their semi-friend/acquaintance would offer up stacks of $100 bills (or large denomination chips) to play with and they'd have long-running or short-running debts just depending on when they ran into each other next.

This would include to people who had run out of money/were near broke. They trust that they are good enough players to grind back into profit and pay them back. It would be more about how that person viewed/treated money/debts than whether they were a multi-millionaire business man/casual player or a just grinding it out semi-pro college kid.

Most people would find the above a little insane, but it's fairly normal in those circles. There were of course people that wouldn't get money lent to them, but they seemed to be much fewer and further in between.

Recently I was reminded of this at a local monthly relatively low-stakes poker tournament when I laughed to myself that I'd forgot to bring ANY cash, so I turned to my much older friend who owns a successful business and asked him to borrow some money so I could play instead of having to drive to find an ATM and then I laughed again later when he got knocked out and had no cash for a re-buy so he came back and I gave him some back.

These days there's next to no excuse to not pay someone back. You could jump on PayPal or Venmo or other alternate services and pay someone back a set amount each month or something, ANYTHING to make progress towards paying back a debt.

People that act like they're doing you a favor by paying their debt back and act indignant when you ask them about it (as if they are 100% on top of it) are some of the biggest shit-stains you'll meet in life.

Maybe this is due to the image of people in casinos getting their kneecaps busted if they don't pay up.[Image: lol.gif]
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