..

Alex Rodriguez Suspension for Playing Poker Would be Farce

Written by:
Dan Shapiro
Published on:
Aug/04/2011
Alex Rodriguez Suspension

So what if Alex Rodriguez plays poker!  That’s what SN baseball writer Anthony Witrado had to say about this week’s revelations that Major League Baseball is investigating the Yankees slugger for his alleged participation in an underground high stakes poker game.

It wasn’t just any game though.  A-Rod is being tied to an elaborate ponzi scheme with the high stake games at its core.

A lawsuit filed against Spiderman actor Toby Maguire and others (A-Rod is not named) alleges that hedge fund manager Brad Ruderman caused some investors to lose their life savings as part of the complex ponzi scheme involving winnings – or, in this case, losses - at the poker games. 

“The investors that I represent lost about $50 million dollars,” Ehrenberg told RadarOnline.com exclusively. “I contacted representatives for Mr. Maguire before I filed the lawsuit against him as a courtesy, because I didn't want to cause him embarrassment. My attempts to collect money from Mr. Maguire were unsuccessful and went unnoticed, and I was forced to file the lawsuit against him.

“I was appointed by the court as a trustee in this case, to get money for investors that lost their money. I'm not trying to garner any publicity for myself, I just want to get money that is owed to the investors in the Ruderman Capital Partners hedge fund."

According to one report, A-Rod was at one game that involved some people openly using cocaine and a fight over one player not wanting to cough up his $500,000 in losses.

Scroll down for more....

Witrado writes

Anyway, this whole poker business, I don’t see it as that huge a deal. MLB is so afraid of players gambling it feels the need to address a report that came out of a checkout-stand tabloid magazine whose information usually isn’t worth the time it takes to read unless you’re also a big fan of Maury Povich and the bald guy that used to be a bouncer for Jerry Springer. I’m surprised Jesus and four aliens weren’t also reported being at the game.

The story on A-Rod is painted as the shady, seedy game that you see on movies like “Rounders” despite the reported participants being of means and famous. Their game, if it ever happened, is no different from the ones many normal, hard-working American’s play in, just with about a dump truck’s load more money on the table.

Again, we don’t suspend players for driving drunk or beating women, but if A-Rod is playing poker again, MLB should throw the book at him? Yeah, right.

- Dan Shapiro, Gambling911.com

Poker News

Is stalling on the bubble really cheating?

Stalling on the Bubble Addressed by Tournament Directors Association

While some players believe it's a good strategy, others say it's akin to cheating.

Matt Savage Massive Pay Day Resididual for "Lucky You" Film Cameo Finally Arrives

Matt Savage Massive Pay Day Resididual for "Lucky You" Film Cameo Finally Arrives

You won't believe how much these Hollywood film cameos pay!!!

Poker Pro Kenna James Teams Up With Ape Poker

Poker Pro Kenna James Teams Up With Ape Poker

James, who got his Start dealing at Hollywood Park Casino in Los Angeles in 1996, has 20 poker titles under his belt already and is considered one of the top experts in the game.

Massive Cashout for Americas Cardroom Poker Pro Ebony Kenney: One of Largest for a Female Player Ever

Massive Cashout for Americas Cardroom Poker Pro Ebony Kenney: One of Largest for a Female Player Ever

Kenney won $1.7 Million in the Coin Rivet Invitational Poker Tournament and becomes one of the winningest women in poker.

The OSS CUB3D ENCORE $20 Million GTD to Take Place Sept.04th-26th

The OSS CUB3D ENCORE $20 Million GTD to Take Place Sept.04th-26th

Included is a $1 Million Main Event on Sunday, September 18th ($630 buy-in) and September 25th ($2,650 buy-in). There are also three big multi-flight tourneys.

Syndicate