[iusedtoberich]

Plus, lets not forget the JB angle. Probably a bunch of the side betters just wanted to get under his skin, and didn't care either way about paying or being paid. I'm not a JB fan for the record. But anyone who thinks they should be paid (in full or near full) has never spent time in a pool room, IMO.

[ShootingHank]

They were playing in a sauna too.

Hot humid garage.

Not good conditions.

Breeding ground for COVID19.

[ideologist]

Originally Posted by JoeyInCali

You know who.
That is if he pays.

He probably had to pawn his jackpot cue

[ShootingHank]

He wanted to fit in with these guys.

So he threw big numbers out there and they took the bet.

The conditions were horrible and the guys were quarantine-ing and played nothing but pool for a month. He wasn't as sharp as those guys.

[jay helfert]

Originally Posted by TATE

Here it is.

https://www.youtube.com/watch?v=ljc7IhaE-xw

https://www.youtube.com/watch?v=JfZmemQLRfE

That was pathetic and also very sad. Sad to watch a beaten down man try to rationalize his failings. And to whom and for what purpose? His speech was not educational on any level. The only message here is for him to come to terms with his addictive personality before it's too late. John went off big time for a number he can't afford. I've seen this before and it usually does not end pretty. I've seen wealthy men lose their business and their family behind their inability to control their gambling habit. John needs to come to grips with that possibility, instead of asserting that it could have ended some other way.

A degenerate gambler cannot control himself. They do not know how or when to stop. In this scenario he could have easily quit many times before he lost a sum of money he could not afford to lose. I've had a taste of this in my life, once losing all the money I had in my bank account ($1,500) at age 19. Unlike John, I learned from that experience and never went off (or gambled) for an amount that I couldn't afford again. By now John should be older and wiser. He's no kid any more and has a lot of responsibilities.

A very smart gambler named Jack Perkins gave me a valuable lesson many years ago after seeing me lose money in the casino one night. The first thing he said was, "Take a look at all these lights," pointing out all the magnificent lighting on the casino floor. He then said, "You're paying the light bill for them! Is that what you really want to do with your hard earned money?" Jack went on to tell me something I never forgot, and this one is worth sharing. He said, "Every gambler always talks about being able to manage their money properly. But there's something far more important. It's being able to manage yourself!" In other words, without self control you are lost.

All that said, John does have a solution that might work in his favor this one time. Often a gambler who wins big and wants to be paid right away will accept a settlement, rather than being strung along for weeks or months. Typically that could look like fifty cents on the dollar if you pay now. My suggestion if he were to ask me (and he won't I'm sure) is to negotiate a settlement with those he owes money to and bite the bullet and pay them, rather than let it hang over his head for far too long.

Hopefully after he pays everyone off, he will realize that he has a gambling problem and needs to develop better self control before engaging himself in action again. This can be a learning experience for him or it can just be a bad experience that he will continue to excuse as a one-off thing that won't happen again.

[ShootingHank]

He said he was very vulnerable.

He wanted to stream and show the world but it wasn't good.

He cannot confirm or deny that his garage buddies were texting people to get him to side bet.

The bets were in the "stratosphere" as he states.

More emphasis on hot sauna garage.

It was a record breaking loss for him. Never has he lost so much. He says no money in the bank to even payoff his debt.

[JoeyInCali]

Originally Posted by jay helfert

That was pathetic and also very sad. Sad to watch a beaten down man try to rationalize his failings. And to whom and for what purpose? His speech was not educational on any level. The only message here is for him to come to terms with his addictive personality before it's too late. John went off big time for a number he can't afford. I've seen this before and it usually does not end pretty. I've seen wealthy men lose their business and their family behind their inability to control their gambling. John needs to come to grips with that possibility, instead of asserting that it could have ended some other way.

A degenerate gambler cannot control himself. They do not know how or when to stop. In this scenario he could have easily quit many times before he lost so much money he put himself in jeopardy (although he is sure to deny that). I've had a taste of this in my life, once losing all the money I had in my bank account ($1,500) at age 19. Unlike John, I learned from that experience and never went off (or gambled) for an amount that I couldn't afford again.

A very smart gambler named Jack Perkins gave me a valuable lesson after seeing me lose money in the casino one night. The first thing he said was, "Take a look at all these lights," pointing out all the magnificent lighting on the casino floor. He then said, "You're paying the light bill for them! Is that what you really want to do with your hard earned money?" Jack went on to tell me something I never forgot, and this one is worth sharing. He said, "Every gambler always talks about being able to manage their money to be successful. But there's something far more important. It's being able to manage yourself!" In other words, without self control you are lost.

All that said, John does have a solution that might work in his favor this one time. Often a gambler who wins big and wants to be paid right away will accept a settlement, rather than be strung along for weeks or months. Typically that could look like fifty cents on the dollar if you pay now. My suggestion if he were to ask me (and he won't I'm sure) is to negotiate a settlement with hose he owes money to and get it taken care of quickly, rather than let it hang over his head too long.

Hopefully after he bites the bullet and pays everyone off, he will realize that he has a gambling problem and needs to develop better self control before engaging himself in action again. This can be a learning experience for him or it can just be a bad experience that he will continue to excuse as a one-off thing that won't happen again.

You wanna bet he'll be gambling AGAIN before he settles all accounts ?
You and I know this little fella who used to own a small place in Carson ( no need to name him ) .
We were there for a nice party with the three original Filipino team.
You came with Min Ng. We had chicken tinola and adobo.
The three greats played pusoy.
That little fella was the biggest gambler here for a very long time .
Kept going to Riverside to match up tough against all advice .
Ended up losing a ton of money and swore off gambling .
Pfft!
Still gambling .

Gambling is evil.
I've seen what it does to family members and friends.
I'm glad I quit it two+ decades ago.

[ShootingHank]

He lost his ass off the first night.

Came in the 2nd day more prepared and fresher outlook. Garage still hot as hell.

Lost his ass of again for the 2nd night.

[logical]

Part 3:

I am out of control.

I have a problem.

I need help.

Sent from the future.

[BeiberLvr]

So they were making high side bets, and not requiring anything to be posted or escrowed?

[logical]

Originally Posted by BeiberLvr

So they were making high side bets, and not requiring anything to be posted or escrowed?

Sounds like it was online side bets.

Sent from the future.

[ShootingHank]

He's not paying if his company goes bankrupt.

He tells his shareholders (debtor) that business is going to make a profit and he intends to pay but not at the expense of his employees. He will use his savings towards his employees before paying them.

I wonder if they are part of the company now. Some stake. That's what I would ask for. The money owed is more than the company.

[HawaiianEye]

I've always thought he was bi-polar or had a bit of schizophrenia.

He can't control himself and has a tendency to always let his emotions control his impulsive actions.

[CocoboloCowboy]

Originally Posted by Diamond69

I have no dog in the fight.

That being said, when JB got on camera and said that his gambling debtors need to take a back seat to his employees as they take priority, that irritated me. You can't prioritize "after the fact". If they truly were his priority, he wouldn't have risked their paycheck/livelihood on a game of pool because he couldn't control his emotions.

Just my 2 cents.

Well having worked with a compulsive Horse Player I understand it an illness. The guy name was Cliff, he asked me for a loan of $20.00 so his wife could buy grocery for the family. It was on a Friday, payday was Monday.

Santa Anita was running, and I ask are you going to the Track this weekend. He replied yes. I said "you have money for the horses"? He replied a different fund, I said you have money, guess it's up to you do decide horses, or family.

Think that ended our friendship, he did not talk to me much at work after that. Cliff had a problem, illness what ever you call it.

People sooner or later, may, or may not change. It their personal decision, first they must want too..

John Barton makes wonderful Pool Cue Cases. I know this because I have owned several.

[gregcantrall]

Was anyone able to watch all of both parts of the explanation? I made it to 7 minutes then saw how much more was coming and opted out.