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READ Hey Guys "KING OF DEBT WAGERS" here! So before any of you try and backchat me in my thread, let me remind you that, unlike quite a few players in here, I actually follow the rules I have laid out and am able to pay back my debts. Please refrain from stupid comments.
Enjoy The Read!
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To The Cora Community,
Debt wagering....... It either ends well, or ends badly, not only for the for the wagerer if they lose, but also for the host who has debted them. Now debt wagering seems like a good idea at the time. I mean like in all honesty, your wager is payed for, and if you win you still make back money and have 0 debt to the host, so whats the real problem then? Players piling on too much debt that they never plan to pay back is the problem! I see players in the IRC daily, asking for debt wagers, and by knowing that player's history and how much money they make, and how they make it, I am able to generate a pretty good idea of whether or not they will pay the host back.
Some signs that you need to look for in a player are pretty simple. First off, look at their previous wealth before they got "cleaned" or "scammed" or whatever to get a decent idea. Secondly, know the player's actually bank at that moment. Some players just try to debt wager and yet they still have hundreds of millions in their bank. They may claim they are going to pay you back, but really how can you be sure? Thirdly, just because a kid is super rich, doesn't mean he will pay you back. Stick to debting the players that you know extremely well, if you are going to debt players of course, and ALWAYS SET A DATE TO GET PAYED BACK! I can not stress this enough, especially when hearing kids that are in debt saying "I'll pay you next week, Ill pay you next week". It gets quite old and really, next week never does come now does it?
I know a fair amount of hosts that have either currently or in the past, debted large amounts of gold and have yet to see it again. Aure for example, although he debted billions of gp to players in our clan, I know from talking to him, that he only received about a 1/4 of what he had lent out. He had listed off names of the players that owed him, and as I read them, A few of the names were literally brand new players, or players I'd never heard of.... Mistake number one right there. What else did he do wrong? Not only was he lending money out, but people were lending him money. Even hosts can be untrustworthy when it comes to lending them money. I know of a few shady hosts in this clan, but that's another story that I would like to share and write about but maybe another time.
So As A Recap For You Hosts Out There That Are Lending Wagers:
1.) Know the player well, that you are debting money to
2.) Always set a date to be payed back
3.) Know of the player's previous history / bank etc.
4.) Never debt more than 1 or 2 people at a time, and set a cap for yourself.
5.) Report All debts to someone you trust closely with so they have help keep track.
Now Because I know there are quite a few slimy players that owe lots of debt, I will post them on here so that you mods out there know, and so other hosts know not to debt these players. If you hosts out there have lent a player out money, please post it here so I can add it to the list. I'd like to try and reduce the amount of scams.
Enjoy The Read!
_______________________________________________________________________________________________________________________
To The Cora Community,
Debt wagering....... It either ends well, or ends badly, not only for the for the wagerer if they lose, but also for the host who has debted them. Now debt wagering seems like a good idea at the time. I mean like in all honesty, your wager is payed for, and if you win you still make back money and have 0 debt to the host, so whats the real problem then? Players piling on too much debt that they never plan to pay back is the problem! I see players in the IRC daily, asking for debt wagers, and by knowing that player's history and how much money they make, and how they make it, I am able to generate a pretty good idea of whether or not they will pay the host back.
Some signs that you need to look for in a player are pretty simple. First off, look at their previous wealth before they got "cleaned" or "scammed" or whatever to get a decent idea. Secondly, know the player's actually bank at that moment. Some players just try to debt wager and yet they still have hundreds of millions in their bank. They may claim they are going to pay you back, but really how can you be sure? Thirdly, just because a kid is super rich, doesn't mean he will pay you back. Stick to debting the players that you know extremely well, if you are going to debt players of course, and ALWAYS SET A DATE TO GET PAYED BACK! I can not stress this enough, especially when hearing kids that are in debt saying "I'll pay you next week, Ill pay you next week". It gets quite old and really, next week never does come now does it?
I know a fair amount of hosts that have either currently or in the past, debted large amounts of gold and have yet to see it again. Aure for example, although he debted billions of gp to players in our clan, I know from talking to him, that he only received about a 1/4 of what he had lent out. He had listed off names of the players that owed him, and as I read them, A few of the names were literally brand new players, or players I'd never heard of.... Mistake number one right there. What else did he do wrong? Not only was he lending money out, but people were lending him money. Even hosts can be untrustworthy when it comes to lending them money. I know of a few shady hosts in this clan, but that's another story that I would like to share and write about but maybe another time.
So As A Recap For You Hosts Out There That Are Lending Wagers:
1.) Know the player well, that you are debting money to
2.) Always set a date to be payed back
3.) Know of the player's previous history / bank etc.
4.) Never debt more than 1 or 2 people at a time, and set a cap for yourself.
5.) Report All debts to someone you trust closely with so they have help keep track.
Now Because I know there are quite a few slimy players that owe lots of debt, I will post them on here so that you mods out there know, and so other hosts know not to debt these players. If you hosts out there have lent a player out money, please post it here so I can add it to the list. I'd like to try and reduce the amount of scams.
Last edited by Connor on 2013-07-22, 18:22; edited 49 times in total
but you still payed out 
