Where to start?.....
I've been traveling for biz for the last two days so I've had very little internet time. Go away for a few days and you'll never know what you'll miss! Just got to my hotel in Nashville and have a bit of time before meeting colleagues for dinner so I'll try to respond to some of this as I feel responsible for starting it.
My "challenge" to Singer was done primarily in frustration after listening to his two cronnies carry on about "all of the addicted AP's". The purpose was to finally shut him/them up about their ill conceived strategy. I failed miserably at this as it was my intention to type "300 hours" instead of the 30 that I did. I'm not looking for excuses....my error and I can/will live with that. However, if this contest comes off, regardless of outcome, the results will neither validate or repudiate Singer's system as the number of events (15K hands) is too small a sample. The only reason that I'm still interested in doing this is that I believe 15K hands is still a large enough sample for him to lose money 2/3rd's of the time. So, I believe I'm playing at an advantage.
Not to change subjects but I do think that Money lost credibility here. I too was aware of his identity thanks to some careful sluthing by a poster on another website. You can try to spin this whatever way you want but Singer on your website equates to promotion of his strategy. It's your option to do what you want but you can't be half pregnant here.....you either support him and his methods or you don't.
I believe people have issues with Singer not because of his system but his lack of decency and social skills. Do you ever read posts here where vp players say slot players are stupid and wasting their money? Do you hear slot players saying that keno players are losers? No, they don't. The reason why is that for the most part people are respectful and appreciate that what one does with ones money is their perrogative. Singer unfortunately isn't like that. He's picked on Frankie Rizzo and Sue Casey....both of whom I consider friends and both of whom Singer doesn't have a clue about. When it comes to gambling, Frankie and I are about as different as they come. He's even joked about it on "trip reports" that he used to write. In the end, it doesn't mean we can't be friends.....we can agree to disagree and it's ok. Singer has to make things personal and that's why I believe he's so detested. Unfortunately Money, a leopard doesn't change his spots.
Getting back to the original issue, I understand that Singer has posted some revised conditions on Mendelson's site and I'll have a look at it. However, I can see from the posts here that it appears he's modified the overall terms so I'd like to have a look at these closely before I comment further on whether I'm in or out. THLF, I've been quiet not because I'm hiding but rather because I've been busy. I will respond to this in the next day or two....just as quickly as time allows. I didn't "bite off more than I can chew" but on the other hand, I'm not stupid and won't allow myself to get flim flammed. You obviously didn't read the thread close enough....it's 15K hands....and in fact it DOES matter....the more, the better simply because the potential short term fluctuations diminish over a larger number of hands. The results start falling in to line with the expected return. The more he plays, the more he loses.
I already outlined my terms which haven't waivered one bit since the beginning. After wasting time talking about paying escrow agents $5K to hold funds and $300K escrow amounts, I grew weary of this and basically outlined my position in bullet form. If he wants to accept that, it's game on. If he doesn't, I'm not interested in negotiating changes that detract from my advantage. I'll clarify all of this once I have some time but I can assure you that I'm not going anywhere...not backing down...not hiding....but at the same time, I'm not a sucker and if his modifications diminish my advantage, I'm out. If this were to happen, I don't care what he thinks or says about me....people can read for themselves and draw their own conclusions. Here's a guy who claims he's won just shy of $1M over 10 years and wins 80-85% of his sessions. He has the opportunity to put a cherry on the cake by taking me for $30K above what he wins from the casino. If that's not good enough, who's BS'ing who?
I never understood AM's interest in wanting to video this as it would prove nothing. I can say this now even if I win....it does nothing to discredit Singer's system. If he wants to video it, have fun. It nonetheless proves nothing. I know I wouldn't watch it.
I'm sorry that this has grown a bit out of control. I agree with Frankie's assessment that giving Singer attention is exactly what he craves and is exactly what I didn't want to do. I feel compelled to post here so that people aren't left misinformed as to where this stands but at the same time, don't want to further complicate and draw even more attention to this. Not sure what to do on this....
Dan
