Quote:
Originally Posted by jw123
Wow.
I have to admit that this is a little tough for me to relate to. I'm not anywhere near Raymer's class (or expenses) as a player. But the main reason I can't relate to any of this is that, from the first time I had a deep run as a part-time micro tournament player (7th of 4,200 in a $3.30) I decided right then that I liked winning that money, and that I would never have a backing deal, sell pieces, or do anything else that gave anyone else a share of my winnings, whether my ceiling turned out to be $100 tournaments or 10K.
That said, here are my thoughts:
1. Someone who made national news for being caught with a prostitute isn't in a great bargaining position when his wife wants something. His answer to anything she wants has to be "Yes, dear."
2. This might be a dumb question, since a lot of poker players go broke, but here goes. As far as I know, none of those broke players have won the Main Event. How is it even possible that anyone who wins millions of dollars in one tourament, or their spouse, would even have to worry about money again?
Raymer isn't some sterotypical hick from Mayberry that won a lottery and blew it all buying fancy houses and new cars. Before he was a poker pro he was a lawyer, an educated person that either knew how to handle and invest money, or had easy acess to smart people that could help him with that.
How could someone that smart, with that kind of windfall, with the advisors that he has available, EVER be in a position where his wife would have to worry about money? The day he won the Main Event, he and his wife should have been set for life.
Before I started playing poker full-time my wife and I were already in pretty good shape for our future. She has worked for the same hospital system, starting when she was 16 years old (when she opened her retirement account) washing pots and pans, while she finished high school and college, and she still works there for that hospital system and is still contributing to her 401(k) age 60. I am eligible for my military retirement in a year and a half. We have almost no debt (it's been ten years since we made a house or car payment), and since I am a veteran my wife and I can fly free anywhere in the country on space-available military flights.
During that time before poker, my wife and I
never had a six-figure household income (she has since been promoted twice.) But we were already well on the way to having a great retirement.
My wife doesn't have to worry about my play being backed, in fact, I turned down an unsolicited backing deal. I use good bankroll management, so which tournament I choose to play never has, and never will be an issue.
What's wrong with this picture?
It's not like no one has been succesful as a touring pro buying in with their own money. From Kathy Leibert (the first person to play 100 WPTs) to Daniel Negreanu to Johnathan Little, there have always been successful touring players who used their own money to play tournaments. How can someone who won the Main Event not be able to do this?
I just don't get it.
Last edited by Poker Clif; 01-14-2014 at 02:06 PM.
Reason: spelling