” The Daytona Challenge Event has advertised $10,000 in prize money to be distributed to the armwrestling event. Due to the fact that we were hired to advertise and run this event, we wanted assurance that the prize money was indeed and in fact there, so we asked for assurances.
Simply, we asked that the prize money be made available prior to the start of the event Friday, October 3. The response we received was that H and H Fitness Promotions, Inc. would distribute the prize money on Saturday evening after the contest was finished.
We requested an assurance, especially due to the events pertaining to the Vegas event surrounding the prize money, and asked that the prize money be brought to the athlete’s meeting Friday, October 3 at 9am to be counted out as a show of good faith.
To date, we have received no response whatsoever!
As some of you may be aware, another organization was originally “hired” to do the event before we were. After speaking with the owner of that organization, he had the same problems and concerns we have had regarding this event. He also was not be given any guaranteed assurance that the prize money would be paid.
This event most likely will continue. We are not encouraging anyone not to attend. We are however letting the armwrestling population know well in advance that not one single dime of prize money is guaranteed to be paid. ”
Source: Karen Bean – northeastboard (23 August 2013)