Stevesbets Sues Spanky in Sportsbetting Dispute
Allegedly, Steven Jacobs aka Stevesbets — a legendary tilter and all-around maladjusted nutcase — was doing some bearding work for Spanky through a middleman, they won a bunch, then DraftKings froze 200k and supposedly Steven didn’t do anything to recover the funds.
Allegedly, Steven was able to withdraw the 200k and has tried to cover his tracks and was sued by the middleman to recover the money. Now, Steven is suing Spanky for damages based on alleged collection methods. Stevesbets is a senior associate at Herbert Smith Freehills, where he once represented Full Tilt Poker post Black Friday. He even has a podcast on gambling law.
Article: https://sbcamericas.com/2024/06/25/jacob...
More background: https://sbcamericas.com/2024/06/25/draft...
One of the best Stevesbets threads: https://forumserver.twoplustwo.com/29/ne...
Employee profile and podcast: https://www.herbertsmithfreehills.com/ou...
7 Replies
https://x.com/spanky/status/180576106106...
ive done business with spanky before and he was 100% legit and reliable. steve obv degened off the money and made up stories
Karma comes around for defending Ray Bitar..
the stevesbets who lost a car against that yogascammer?
So stevesbets make high 6 low 7 figures at his NYC law job right?
Wouldn't it be +EV to just settle behind the scenes?
Why is he fighting this in the public, gonna be -EV right?
Wow HSF already fired Steve gg. Gonna be tough to pay back over a cool million with no job and no family money to fall back on. Now that his hustle of litigating his own debt cases has been exposed, he’s probably in the slip and fall in big box stores for a settlement grind.
Tercet, Steve has always been the dumbest and mentally weakest person in whatever room or forum he is in. He admitted it too when he nuked his lol poker blog. He thought he was a genius for defending himself in debt cases and try to get paid legal fees, except that has led him to being indigent.
Edit I’m guessing he lost a 400k base salary and a six figure bonus.
It could be where both parties are in breach of contract with draftkings thus voiding any amount owed on Stevesbets part. He’s always been the biggest of degens, as of a few years ago was still donking off low to mid 6 figures on acr annually
Wow HSF already fired Steve gg. Gonna be tough to pay back over a cool million with no job and no family money to fall back on. Now that his hustle of litigating his own debt cases has been exposed, he’s probably in the slip and fall in big box stores for a settlement grind.
Tercet, Steve has always been the dumbest and mentally weakest person in whatever room or forum he is in. He admitted it too when he nuked his lol poker blog. He thought he was a genius for defending himself in debt cases and
One things for sure such people will never stop scamming
