I think the other person was implying that it wasn't like everything in their business was hunky dory and they just up and took the entire prize pool and blew the money on hookers and blow. I think it's most likely they kept using prize pool money to pay previous business obligations, other investments into the business, paying themselves a little too high of a salary compared to the profit generated, etc. Their business was probably losing money for awhile, and they kept using the money that came in to pay off previous obligations (instead of keeping prize pool money segregated), and were slowpaying everyone that was due money until the next wave of money came in from the next event, and it finally blew up at the point of this final table. It's fairly easy to rationalize this behavior until all the sudden you're in too deep. Your start out being short $2k to pay a vendor, so you borrow it from the prize pool, because you know in 3 days when the next tournament runs, you'll have $5k of profit from it. Then 3 days becomes 6, $2k becomes $8k, etc, a year or two goes by, and now how are you supposed to come up $300k that your business was in the hole that you kept borrowing ahead and slowpaying?
Last edited by Ten5x; 12-24-2016 at 01:31 AM.