Ok I need some advice here. Here is the story:
Started with a new local around November. Some young rich college kid who said he would book my action. There was no real clear-cut rules on when we would even up, just when it got "high enough" one way or the other.
Over the course of November and early December, I made 3 payment to him: $400, $200, and $200 -- 800 total. At the point of my last payment we were even. He had never paid me yet (hadn't needed to, I hadn't been up on him at all yet).
Throughout December I dug myself a hole. Around Christmas I was out of town with the family, and he texted me that he needed to even up. I was down about 3K. I told him that was fine, but I was out of town. Upon my return, I called him and told him I had his money, where did he want me to take it. He was out of town for break and said we would take care of it upon his return, and in the meantime I was free to continue betting.
Of course you guessed it, I came back with a vengeance. By the time he got back (last week) I was up about 2K. I let it slide and didn't say anything, seeing as he gave me a grace period.
As of today I am up over 4K. I texted him yesterday "when can I get at least a portion from you" and he ignored it. Then last night I texted him "I hope you are not ignoring me." We had a text conversation where -- long story short -- I said "I need at least the $800 back that I gave you, and we can let the rest ride for a month and then even up 100% either way." No response.
I emailed him today, and no response still. I offered him 3 options in the email:
Pay me the $800 and we will continue to go for another month, which is longer than the grace period he gave me.
I told him if he pays me this weekend, I will cut him a deal for $2500, saving him over $1500.
I told him we could discontinue wagering, and he could set up a payment plan of $500 a week until I am paid up.
I guess my question is, am I being fair here? Should I be busting his balls or should I just wait it out? As of right now I have not received a dime from him and it makes me nervous.
Started with a new local around November. Some young rich college kid who said he would book my action. There was no real clear-cut rules on when we would even up, just when it got "high enough" one way or the other.
Over the course of November and early December, I made 3 payment to him: $400, $200, and $200 -- 800 total. At the point of my last payment we were even. He had never paid me yet (hadn't needed to, I hadn't been up on him at all yet).
Throughout December I dug myself a hole. Around Christmas I was out of town with the family, and he texted me that he needed to even up. I was down about 3K. I told him that was fine, but I was out of town. Upon my return, I called him and told him I had his money, where did he want me to take it. He was out of town for break and said we would take care of it upon his return, and in the meantime I was free to continue betting.
Of course you guessed it, I came back with a vengeance. By the time he got back (last week) I was up about 2K. I let it slide and didn't say anything, seeing as he gave me a grace period.
As of today I am up over 4K. I texted him yesterday "when can I get at least a portion from you" and he ignored it. Then last night I texted him "I hope you are not ignoring me." We had a text conversation where -- long story short -- I said "I need at least the $800 back that I gave you, and we can let the rest ride for a month and then even up 100% either way." No response.
I emailed him today, and no response still. I offered him 3 options in the email:
Pay me the $800 and we will continue to go for another month, which is longer than the grace period he gave me.
I told him if he pays me this weekend, I will cut him a deal for $2500, saving him over $1500.
I told him we could discontinue wagering, and he could set up a payment plan of $500 a week until I am paid up.
I guess my question is, am I being fair here? Should I be busting his balls or should I just wait it out? As of right now I have not received a dime from him and it makes me nervous.
