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Phil Galfond outs scammer, encourages others to follow Phil Galfond outs scammer, encourages others to follow

02-17-2016 , 06:56 AM
Vini is prolly mad because he doesn't have a winrate nearly as big as what he was used to, and thinks it's mostly Galfond's fault.
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 07:12 AM
From the pictures Samuel Touil could be Samuel Farha's son
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 07:20 AM
Quote:
Originally Posted by Phil9
What's Galfond's opinion on people who create challenges that involve hundreds of thousands, if not millions of dollars, and then dodge completing them because they are too far in the hole to possibly win it?
Tom returned $2 million in sponsorship money to Full Tilt so they could use the funds towards paying their players.

Did Tom ever get that money back?

Sounds like a good reason not to give Pokerstars free advertisement on a highly publicized heads up match to me....

Last edited by LeakyChips; 02-17-2016 at 07:30 AM.
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 07:55 AM
Quote:
Originally Posted by AZMountainHiker
A good rule in life to follow is don't loan money to poker players unless you're willing to just write it off.
This

1000%
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 09:33 AM
Quote:
Originally Posted by JudgeHoldem1848
A millionaire pro making millions more hawking strat vids is the poker equivalent of a retreating army crossing a half mile bridge over rapids then blowing it up. No one who wasn't from that generation of poker player will ever even have the opportunity to cross that bridge because its been C4'd to hell by poor infrastructural custodians.

It might have been a logical move for any individual, but a genteel agreement among the industry's captains to form a non-competing cartel would have certainly been better. It wasn't inevitable but it was least commendable.

TS and vini are within credible moral bounds to emcee the hatefest imo.
Galfond running a site and printing money makes sense.people making videos for a few hundred bucks a pop are ****ing idiots.
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 09:42 AM
Quote:
Originally Posted by PokerMikie
This

1000%
No. Not 1000%. Not everyone is looking screen people out of $$$. Especially at a big game like that. I've been in situations where I've been playing 5-10 games and not been able to withdrawal more then $500 from an atm and I've took loans from other players... Obv. not as much as Galfond but I'd never take a loan I couldn't repay in the agreed time to repay. NOT ALL POKER PLAYERS ARE SHADY.
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 10:07 AM
Quote:
Originally Posted by scroosko
hi tough guy. if your a multi millionaire do you think its a good idea to risk xx amount of years in jail for $200k? don't loan the $ at all is best option, 2nd best is outing or criminal proceedings. your suggestion ranks as 1st worst.

This will "never" happen though, since ppl will pay the loan back asap once they realise that they have no other option or come up with payment plan to do so if they dont really have the money


Poker scene is lovely place cause everyone lets you to steal and does nothing about it for no reason
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 10:28 AM
Quote:
Originally Posted by Roger Mainfield
It's so ****ing dumb to think that the guys making videos are the big enemy of online poker. Tens of thousands of people are interesting in poker strat ever year, someone is always going to come around and fulfill that need. It's just such an absurd position, but then again you have been spewing this nonsense for ages, and despite almost no one agreeing with you and your points getting rebutted again and again you don't stop.
Cheers for deleting my post!

Whats ****ing dumb is that only 5% of people get the big picture.
Latest in 2020 we will be all out of business apart from some people willing to work for 10-15$/h (read: 3rd world countries) unless something drastically changes (which isnt going to happen).

Now i will get the usual "adapt and improve" but teh problem is that there is a gto ceiling and its coming close v fast and as soon as fish population only slightly declines boom goes teh dynamite.

But hey, lets celebrate galfond until 2020. Most of us can still get a decent job then which pays alot better than poker w 7year gap in cv, no degree and zero work experience!

Rock on
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 10:55 AM
Sounds like you should be mad at John Nash
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 11:02 AM
Quote:
Originally Posted by TimStone
Cheers for deleting my post!

Whats ****ing dumb is that only 5% of people get the big picture.
Latest in 2020 we will be all out of business apart from some people willing to work for 10-15$/h (read: 3rd world countries) unless something drastically changes (which isnt going to happen).

Now i will get the usual "adapt and improve" but teh problem is that there is a gto ceiling and its coming close v fast and as soon as fish population only slightly declines boom goes teh dynamite.

But hey, lets celebrate galfond until 2020. Most of us can still get a decent job then which pays alot better than poker w 7year gap in cv, no degree and zero work experience!

Rock on
well that is just a suboptimal gameplan to start with to be such an idiot to get to that point. Most of us devised a pullout-scheme years ago. A matter of fact, I believe that only bumhunters succeeded with that idiocy because they are braindead people from the get-go that just found a way to feed on idiots, saying this being one myself. Sure alot of highstakers didnt get a dregree or anything but they dont have to failsafe as hard because with alot of money in the bag you open yourself up for lots of other options that doesn´t require you to work for the man.
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 11:30 AM
Quote:
Originally Posted by TouchOfEVil
well that is just a suboptimal gameplan to start with to be such an idiot to get to that point. Most of us devised a pullout-scheme years ago. A matter of fact, I believe that only bumhunters succeeded with that idiocy because they are braindead people from the get-go that just found a way to feed on idiots, saying this being one myself. Sure alot of highstakers didnt get a dregree or anything but they dont have to failsafe as hard because with alot of money in the bag you open yourself up for lots of other options that doesn´t require you to work for the man.
I have a degree, i have decent connections to get an ok-ish job, i have savings, my parents have some money. I will get hit but i wont get hit as hard as many others.
Apart from a select few highstakes endbosses the amount of midhigh/lowstakes guys w 100k+ in teh bank to start something should be fairly low especially the guys who are very young and started out after black friday.
And i dont understand why specifically bumhunters should be teh ones w/o backup plans? Its always those damn stupid bumhunter init.


Vinivici as leo di caprio and me as kate winslet standing at teh very front of the titanic and we run down into first class shouting "there is an iceberg ahead ffs we NEED TO TURN" and gandalf and his minions shout back in unison:"come drink and dance with us, we build this ship using piosolver, its unsinkable" kaboooooooom
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 12:35 PM
Quote:
Originally Posted by TimStone
Cheers for deleting my post!

Whats ****ing dumb is that only 5% of people get the big picture.
Latest in 2020 we will be all out of business apart from some people willing to work for 10-15$/h (read: 3rd world countries) unless something drastically changes (which isnt going to happen).

Now i will get the usual "adapt and improve" but teh problem is that there is a gto ceiling and its coming close v fast and as soon as fish population only slightly declines boom goes teh dynamite.

But hey, lets celebrate galfond until 2020. Most of us can still get a decent job then which pays alot better than poker w 7year gap in cv, no degree and zero work experience!

Rock on
So are you saying if in 2010 someone had come up to you and said here is $5 million for you but online poker will not have any professionals in 2020 you would have said " uh uh no way do I want your money I love poker too much ". Because if you would have taken teh money it sounds like jealousy and if you wouldn't have taken it you sound like a liar (no offence).
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 12:44 PM
Quote:
Originally Posted by TimStone

Whats ****ing dumb is that only 5% of people get the big picture.
You didn't get the big picture.

Smart people took every chance to maximize their income from poker when that was still easy to do, no matter if that meant by playing a ton, coaching, making videos or a combination of the three. When it got harder to make money from playing, they continued to maximize coaching/video money as a side income and used their free time and money to pursue other (business) interests.

Those people care about you and your earning potentials as much as you care about the guys you stack at NL100. That's just business. Should the people at netflix feel sorry for the guys who lost their job at a local blockbuster store?
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 12:46 PM
Quote:
Originally Posted by borg23
Galfond running a site and printing money makes sense.people making videos for a few hundred bucks a pop are ****ing idiots.
What like vinivici did when he made videos for Leggo?
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 12:47 PM
Quote:
Originally Posted by chasepoker
So are you saying if in 2010 someone had come up to you and said here is $5 million for you but online poker will not have any professionals in 2020 you would have said " uh uh no way do I want your money I love poker too much ". Because if you would have taken teh money it sounds like jealousy and if you wouldn't have taken it you sound like a liar (no offence).
5million is an odd figure and obv a snap bc you can do alot w 5mega and its significantly more than the EV i wouldve given me even in a top 1scenario.

I'm not jealous at all. But i'm afraid and imo more people should be afraid.

My plan A was to possibly grind online until the end of my days or until im sorted somewhere on the way. This plan is going to fail hard and its going to fail hard no matter what i do, no matter how much i learn, no matter how much time i put into this.

If we would have a low/zero rake environment you wouldnt hear me bitch one bit about the evolution of poker, about coaches, about gandalf making a site, about whatever.

But we dont have a zero rake environment and we gonna approach a time very soon where only one huge winner will be left and even though many would guess his name is OTBredbaron, its not gonna be him, its gonna be pokerstars...

but yeah, enuff of the derail, i said what i had to say, if i only managed to make one person thinking it was worth it...

so long...


Quote:
Originally Posted by madlex
Smart people took every chance to maximize their income from poker when that was still easy to do, no matter if that meant by playing a ton, coaching, making videos or a combination of the three. When it got harder to make money from playing, they continued to maximize coaching/video money as a side income and used their free time and money to pursue other (business) interests.
in almost all instances those people did exactly the opposite of maximzing their income bc they always wouldve been better off to just grind. i very much doubt that even 10% of the current runitonce low/mid/lowhighstakes roster has any sort of plan B whatsoever...

Last edited by TimStone; 02-17-2016 at 12:52 PM.
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 12:48 PM
And bots and government regulation is a far greater problem than teh training sitez
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 12:50 PM
Quote:
Originally Posted by Human Halo
Vinivici9586

IIRC You made full ring videos for Leggo poker a few years back, so hating on Phil Galfond for evolving poker education is hyporcritical imo.
i made vids post BF because i was an american looking for an alternate career path. i was a small cog in a big machine and had i not made videos, would have been replaced by a reasonable facsimile.

this is obviously still somewhat hypocritical, but in my defense, you're allowed to change your mind, and right now i could make 5x the money i ever did on leggo by becoming a DFS tout and probably get in on the ground floor of some nice passive income too. i pretty much shut the **** up about it in forums too.

Quote:
Originally Posted by LiquidSw0rd
Vini is prolly mad because he doesn't have a winrate nearly as big as what he was used to, and thinks it's mostly Galfond's fault.
first off, this sounds like a great reason to be mad, but you are wrong. i worked my ass off to make 200k/6 months my last stretch playing poker, but i cant help but see vids or threads from 07 and have my face melt off as david benefield teaches us to 3bet the button because position is important.

Quote:
Originally Posted by LeakyChips
Tom returned $2 million in sponsorship money to Full Tilt so they could use the funds towards paying their players.

Did Tom ever get that money back?

Sounds like a good reason not to give Pokerstars free advertisement on a highly publicized heads up match to me....
is this actually true? cuz it would massively change my opinion on the challenge.

Quote:
Originally Posted by TimStone
Cheers for deleting my post!

Whats ****ing dumb is that only 5% of people get the big picture.
Latest in 2020 we will be all out of business apart from some people willing to work for 10-15$/h (read: 3rd world countries) unless something drastically changes (which isnt going to happen).

Now i will get the usual "adapt and improve" but teh problem is that there is a gto ceiling and its coming close v fast and as soon as fish population only slightly declines boom goes teh dynamite.

But hey, lets celebrate galfond until 2020. Most of us can still get a decent job then which pays alot better than poker w 7year gap in cv, no degree and zero work experience!

Rock on
the adapt and improve mantra reminds me of when ike posted in the twitch thread that the sky isnt falling and to relax.

actually, ike, the sky has already fallen for 95-99 percent of people we played with in 2008 (sup coordi). mid-tier pros today are talented and sharp with the ability to persevere in a cutthroat and cannibalizing industry

Quote:
Originally Posted by Dr.FatCat
Sounds like you should be mad at John Nash
you're not wrong
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 01:20 PM
Quote:
Originally Posted by LektorAJ
Maybe I'm missing something here but aren't Galfond and the other player (assuming they are still splitting the 200K write-off) collectively up 50K compared to if the game had just broken?

Of course they've ended up giving 80% loss-back to this fish but if they are sure enough that he couldn't have beaten them (or would have kept playing until he lost any winnings back) then it seems like they acted pretty rationally. Depends how badly he plays of course.

The other guy should keep his word though.
This.

This is also why you don't let people gamble on credit, especially when you are the one busting them. Galfond made a risky loan. The casino credit room does this based on the fact they know you can never run with the money like a true scammer. Casinos know all that money is coming back no matter what, so "sure heres the loan". Then they set you up on a reasonable monthly payment for eternity.
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 01:38 PM
Seat scripting bumhunters whining about training sites, couldnt see this one coming
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 01:43 PM
How delusional does a person have to be to think he can stop mankind/society from acquiring information and progressing in any particular activity or industry tho?

Certainly as delusional and misguided as somebody who fears 3rd world migrants gonna be herp derp taking everybodys jerbs by 2020

Grow up, stop being babies, this whole argument is so misguided, futile, and pathetic
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 02:12 PM
Quote:
Originally Posted by TimStone
Cheers for deleting my post!
I don't mod nvg and didn't/cant edit or remove anyone's posts here..
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 02:34 PM
Quote:
Originally Posted by MTT_9797.
It's disgusting.

I play in a live 10c/20c game in a pizza shop. You wouldn't believe how often I get begged for stakes and by who \. I'm not one to brag so I'll omit that.

But EVERY time I have given in and lent someone a buy in this has never come back.

It's a lot of money and it makes me sick. I understand exactly what Phil is going through here
5*
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 02:46 PM
Quote:
Originally Posted by Dr.FatCat
Sounds like you should be mad at John Nash
And ESPN.
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 02:59 PM
Quote:
Originally Posted by madlex
You didn't get the big picture.

Smart people took every chance to maximize their income from poker when that was still easy to do, no matter if that meant by playing a ton, coaching, making videos or a combination of the three. When it got harder to make money from playing, they continued to maximize coaching/video money as a side income and used their free time and money to pursue other (business) interests.

Those people care about you and your earning potentials as much as you care about the guys you stack at NL100. That's just business. Should the people at netflix feel sorry for the guys who lost their job at a local blockbuster store?
So much this.*

*I was not one of the smart people. I was naive and thought the gravy train would run non stop. However, I accept full responsibility for that and do not place blame elsewhere.
Phil Galfond outs scammer, encourages others to follow Quote
02-17-2016 , 03:11 PM
Quote:
Originally Posted by TimStone
i very much doubt that even 10% of the current runitonce low/mid/lowhighstakes roster has any sort of plan B whatsoever...
Obviously not, otherwise most of them wouldn't play anymore..

There's 3 groups of people who play for a living today:
a) Guys who can still make a very decent living through poker and don't have any other interests to pursue or need to make more cash to do so
b) Degens
c) Guys with no plan B

Group A gets smaller by the day.

Quote:
Originally Posted by RichGangi

*I was not one of the smart people. I was naive and thought the gravy train would run non stop. However, I accept full responsibility for that and do not place blame elsewhere.
Me too, there's a ton of things I would do differently in hindsight. But at least I saved enough to be able to pursue other interests for the last couple of years without having to live on the street to do so.
Phil Galfond outs scammer, encourages others to follow Quote

      
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