
Originally Posted by
Daly
About a month later, four days prior to Day 1C of the Main (July 4), he comes forward and admits he is broke and has chunked off all of the money (both buyins and winnings). This includes both losing and paying prior debts. He says that he will be unable to afford to play the Main.
Timing is everything here. So long as he canceled the stake BEFORE the start of the main event then he is in the clear other then the $10K refund.
If he is playing day 4 and tries to pull this stunt off..... it's a whole different ball of wax.