Peters contrite
Poker pro David Peters has responded publicly to Dylan Linde’s accusation that he has not paid his end of a staking deal, apologizing for the situation. On Wednesday afternoon, Peters posted an explanation of sorts on Twitter, not so much to rehash the situation, but to explain that he has always intended to pay Linde in full.
In his four-part post, Peters said, “I deeply regret the choices that I made that led to him not trusting that he was going to get paid back and felt the need to post about it,” adding that he should not have allowed it to even come to that.
“I got myself into a bad situation where I just kept doubling down and making things worse while having very poor communication and missed timelines,” Peters continued.
Peters then clarified that when he sent Linde $15,000 on April 1, he told him that he was “working on settling the rest asap and not that I wouldn’t or couldn’t ever pay the rest,” and that his plan was always to pay the full amount owed.
“I certainly handled the situation very poorly and I understand the frustrations,” Peters concluded. “Right now my focus is on making things right and trying to regain the trust of the community.”
Months of headaches
Dylan Linde went public with Peters’ failure to pay him in full in a backing deal on Monday. In his series of social media posts, Linde said that it started at last year’s WSOP, when Peters bought a piece of his action in the $50,000 Pot-Limit Omaha High Roller event, which Linde ended up winning for $2.1 million. Linde paid Peters in cash a few days later.
In September, Peters bought more of Linde’s action in two events at the Triton Poker Super High Roller Series Jeju II by WPT Global, but Linde did not enjoy success as he did at the WSOP, and thus Peters was on the hook for $50,000. Peters did not front the money, but the two agreed to settle the $50,000 Peters owed at the PokerGO Tour’s Poker Masters that same month.
Peters, however, was a no-show. They agreed to meet at the North American Poker Tour in November, but again, Peters did not show up. Linde said he asked Peters to pay him by WSOP Paradise in December and gave him his bank wire information, but he never received payment.
Over the next few months, Linde said he tried to get the money from Peters, but Peters said he was having “liquidity” issues. Linde gave him an end-of-February deadline, by which Peters did finally send him $12,000 of the $50,000 he owed. On April 1, he paid another $15,000, but that has been it.
In his posts, Linde said he would normally have sympathy for someone going through financial troubles, but in this case, Peters’ “months of obfuscation” were frustrating and he felt he had no choice but to warn the poker community.