Originally Posted by FallsviewPokerPro
Translate his wins from $500 chips to $5 chips and it's really not very impressive. Just a little variance, a little luck. He'll lose it all back... degenerates always do.
That's just nonsensical. If I divide his buy-ins/winnings by 100 then that means he ran $40 into $10,000 over three or four years which is still impressive (but he's not remodeling his house with $10k).
Whatever. KingMedicine and Sheetwise, that is a cool thread. I especially enjoyed Sklansky's apoplectic arrival and indignation. But to be honest I can see where he is coming from and it's the kind of idea I wold normally have been able to dismiss easily until I observed him for a while.
To those saying that he is a degenerate and will lose in the long run... well you may be right, but at least recognize that this would be difficult at this point. His winnings are over $1 million (I don't think his bankroll is much less although he doesn't really keep track of that very well) and his buy-in has only increased from $20k - $30k and he tends to bet about the same amounts regardless.
Given that, he would have to lose about 50 buyins before going bust-o. I'm not saying it's impossible, but it doesn't sound probable.