Las Vegas Poker Player Vlogs - Page 1829 - Las Vegas Lifestyle Forum - Las Vegas Entertainment and Living Information

Almost 40% of American adults wouldn’t be able to cover a $400 emergency with cash, savings or a credit-card charge that they could quickly pay off, a Federal Reserve survey finds.

https://www.google.com/amp/s/abcnews...%3fid=63253846

Quote

04-19-2021 , 10:35 AM

#45702

SplawnDarts

veteran

Join Date: Jan 2007 Posts: 2,243

Quote:

Originally Posted by Nepeeme2008

from TBC's second to last blog post.
" Having the freedom of a roll that high (40k) instead of living paycheck to paycheck like all the suckers who read my blog ". lol
I love this guy. He's special.

This isn't an endorsement of TBC, but if any number of surveys are to be believed there a sizable fraction of households that don't have $5000 cash + liquid assets.

I find it a little hard to believe myself. But he may have a point here.

Quote

04-19-2021 , 10:52 AM

#45703

Old Man Coffee

adept

Join Date: Jul 2010 Posts: 1,166

Quote:

Originally Posted by Dream Crusher

TBC fairs much better than most low stakes grinders at the poker table.

My theory: he is so annoying that people just want to bust him and sens him home and call with worse to try and do so.

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04-19-2021 , 10:59 AM

#45704

Alpha Fish

Pooh-Bah

Join Date: Aug 2008 Posts: 3,829

tbc is one of the very few people for whom being a poker grinder actually makes perfect sense

there's no chance he can hold a regular job much less set aside $40K pumping gas or whatever

Quote

04-19-2021 , 11:23 AM

#45705

parisron

Carpal \'Tunnel

Join Date: Jan 2007 Posts: 19,763

Yes, it is impressive for him to have that much now, but it certainly isnt "set aside". Any given 1 or 2 month period that could get cut in half given his martingale style gambling and high monthly bills.

Quote

04-19-2021 , 11:33 AM

#45706

KatoKrazy

Pooh-Bah

Join Date: Jan 2009 Posts: 4,533

Quote:

Originally Posted by parisron

Cut in half? It could vanish in a puff of smoke. I know because I've done it on several occassions myself.

Quote

04-19-2021 , 11:45 AM

#45707

parisron

Carpal \'Tunnel

Join Date: Jan 2007 Posts: 19,763

He seems to follow some internal rules he has. If BR gets down to a certain amount he changes the games he plays and the aggressiveness he takes. If he ever got down to 15k he would be a lot more careful.

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04-19-2021 , 11:55 AM

#45708

KatoKrazy

Pooh-Bah

Join Date: Jan 2009 Posts: 4,533

I suppose he's lasted this long so he must have that self control. I know personally, once I get caught up in that moment it can be hard to stop.

My gambling money isn't my livelihood though and all my bills are paid and retirement accounts maxed, so that's probably the difference.

Quote

04-19-2021 , 12:27 PM

#45709

parisron

Carpal \'Tunnel

Join Date: Jan 2007 Posts: 19,763

Pman is going to snap off one of these tournaments in a few months and become famous and wear his bracelet at the poker tables.

Quote

04-19-2021 , 12:49 PM

#45710

thedude404

old hand

Join Date: Jun 2014 Posts: 1,447

Quote:

Originally Posted by prizminferno

TBC must have collected all that juicy no questions asked PUA money

Funny how I never see anyone complain about welfare for the wealthy, legalized loopholes to evade inheritance tax, or lower tax rates for things like cap gains. I guess the rich just need more financial help than those less fortunate to survive, right? Give a poor guy some money so he can eat and have a place to live.....whoah wait a minute we cant have that in American society. How DARE working poor people try to get a "free ride" off MY tax dollar. Meanwhile rich people are stealing the other 90% blind. But I guess those less fortunate are an easier target than going after the real problem, right?

Last edited by thedude404; 04-19-2021 at 01:00 PM.

Quote

04-19-2021 , 12:55 PM

#45711

thedude404

old hand

Join Date: Jun 2014 Posts: 1,447

Quote:

Originally Posted by rm81

40k is good? That means he saves like $5 a day.

90% of Americans dont have $40k in savings.

Quote

04-19-2021 , 01:02 PM

#45712

rickroll

oddly catty

Join Date: Aug 2011 Posts: 22,653

Quote:

Originally Posted by thedude404

90% of Americans dont have $40k in savings.

highly misleading and cherry picked data, largely based on most americans just have checking accounts

even those with the financial strength to have savings accounts would rather just allocate it into the market and use credit for emergencies instead

these statistics are more about 10% of americans have 40k+ sitting in a savings account for emergencies and can't be bothered putting it into a cd ladder or some other safe and relatively liquid format

Quote

04-19-2021 , 01:04 PM

#45713

Tanqueray

old hand

Join Date: Jul 2019 Posts: 1,689

Quote:

Originally Posted by thedude404

90% of Americans dont have $40k in savings.

Median income in a household is almost double that.

I don't know where we are going with this?

I get that people are impressed that a low stake grinder has 40k, but that's apple to orange comparison with anyone holding stable employment.

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04-19-2021 , 01:09 PM

#45714

Tanqueray

old hand

Join Date: Jul 2019 Posts: 1,689

Quote:

Originally Posted by KatoKrazy

The stress of self-preservation is a powerful thing. It's possible that the edge can feel like some sort of powerful drug that basically force him to cut all the BS.

It's an insane grind.

Quote

04-19-2021 , 01:18 PM

#45715

thedude404

old hand

Join Date: Jun 2014 Posts: 1,447

Quote:

Originally Posted by Tanqueray

What does income have to do with savings? And median income in America in 2019 was $68,703. I guess that's almost $80k......

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04-19-2021 , 01:18 PM

#45716

thedude404

old hand

Join Date: Jun 2014 Posts: 1,447

Quote:

Originally Posted by rickroll

Not sure what point you are trying to make.

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04-19-2021 , 01:20 PM

#45717

parisron

Carpal \'Tunnel

Join Date: Jan 2007 Posts: 19,763

78% Of Workers Live Paycheck To Paycheck
Nearly one in 10 workers making $100,000+ live paycheck to paycheck
More than 1 in 4 workers do not set aside any savings each month
Nearly 3 in 4 workers say they are in debt - and more than half think they always will be
28% of workers making $50,000-$99,999 usually or always live paycheck to paycheck, and 70% are in debt

https://www.forbes.com/sites/zackfri...h=434292a64f10

Quote

04-19-2021 , 01:23 PM

#45718

thedude404

old hand

Join Date: Jun 2014 Posts: 1,447

Quote:

Originally Posted by Tanqueray

The stress of self-preservation is a powerful thing. It's possible that the edge can feel like some sort of powerful drug that basically force him to cut all the BS.

It's an insane grind.

I would imagine it is not a good feeling. Stress like that is the real deal and does actually cause other health issues.

Quote

04-19-2021 , 01:43 PM

#45719

foatie

Pooh-Bah

Join Date: Aug 2009 Posts: 5,294

Ask how many people living check to check (with stable employment) would trade their lives for an incel's like TBC.

40k stashed away is nice. Does he ever mention taking care of his kid with that? I don't read his blog, sorry. (It's the overt racism for me).

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04-19-2021 , 02:14 PM

#45720

SplawnDarts

veteran

Join Date: Jan 2007 Posts: 2,243

Quote:

Originally Posted by parisron

These things are often phrased to make them look worse than they are, but even the raw data is pretty ugly. Most Americans are in debt and financially incompetent. There's too much data from too many sources to argue otherwise.

TBC is better off than many of those people if he has a $40K wad of cash and no debt.

Quote

04-19-2021 , 02:17 PM

#45721

SplawnDarts

veteran

Join Date: Jan 2007 Posts: 2,243

Quote:

Originally Posted by foatie

Ask how many people living check to check (with stable employment) would trade their lives for an incel's like TBC.

It's not a matter of trading their "lives" - it's a matter of their financial lives.

Many, many households would benefit by trading their total balance sheet for $40K.

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04-19-2021 , 02:24 PM

#45722

foatie

Pooh-Bah

Join Date: Aug 2009 Posts: 5,294

Quote:

Originally Posted by SplawnDarts

It's not a matter of trading their "lives" - it's a matter of their financial lives.

Many, many households would benefit by trading their total balance sheet for $40K.

Yeah no ****.... That's why i explicitly said Lives and not balance sheets. His last jab at the "(losers) reading his vlog" made it seem like he's some jet setting playboy. In actuality he's a very lonely, selfish, racist, misanthrope that can't even enjoy his own money because he's that miserable. Who's the real "loser" in this case?

For someone who flaunts his roll so much, there's a lot of people who helped him along at his worst who haven't been paid back yet. Some on this very forum.

Maybe VeryJosie can confirm?

Quote

04-19-2021 , 02:24 PM

#45723

OFA

old hand

Join Date: Mar 2013 Posts: 1,917

Quote:

Originally Posted by parisron

Pman is going to snap off one of these tournaments in a few months and become famous and wear his bracelet at the poker tables.

Why would anyone buy this?

Quote

04-19-2021 , 02:36 PM

#45724

rickroll

oddly catty

Join Date: Aug 2011 Posts: 22,653

Quote:

Originally Posted by OFA

Why would anyone buy this?

iirc he's mentioned friends and family buying pieces earlier

would also explain why someone rolled for 1-3 sometimes puts 1k+ on mtt buyins in a single day

while his longterm viability has yet to be seen, if these were live i'd say no markup is a fair and fun way to sweat a friend who is probably at worst on par with field

online though... have no experience but imagine those are going to be really tough fields

still though, i think it's unfair to criticize anyone who isn't charging markup