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Don't you get the feeling that almost all poker players are getting broke? Don't you get the feeling that almost all poker players are getting broke?

10-19-2010 , 03:07 AM
I would love someone to metion that when at the table with him, imagine how much he would steam
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 04:16 AM
Quote:
Originally Posted by medici
I don't know where this myth of Hellmuth being a great businessman came from.

Before the internet boom, he was always on the verge of going bust. He was briefly a host (or prop or house player) at Bay 101 around '96 or '97.

Later (2000 or so) he'd come up to Lucky Chances (a few miles south of San Francisco) and play small daily tournaments ($40 to $80). He may have been getting some practice.

Most of his wealth came from the internet boom and his ability to cash in on his previous exploits. I don't think he's won much in a long, long time.

Had the internet boom not happened I assume he'd be on the rail waiting to get put in into tournaments.

Please Helmuth has the sickest reads I've ever seen.
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 05:34 AM
Quote:
Originally Posted by Pikaberdort
hey op, don't forget joeysweetp
he got 2nd in the wcoop for 1.3m then moved up to where they respect his raises
HAHAHAHAHAHA roflmfao
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 05:58 AM
Quote:
Originally Posted by Adam W
he then went to his FT cashier page to reload or a table he busted on and he had

over 13 million in his FTP account!

If that's broke sign me up!!

Gus lol'ed hard when he read this.
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 08:34 AM
Quote:
Originally Posted by anilyzer
I once heard that if Bill Gates is walking from his limo to an office for a meeting, and sees a $500 bill on the ground, that if he stops to pick it up, he is actually losing money.
I once worked at a large place where there was an IT contractor who was paid so much per hour we figured out it would cost the company less to hire someone on minimum wage for an hour just to make the three minute walk to the photocopier and back rather than have him do it himself.
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 08:48 AM
Quote:
Originally Posted by chardonis
Well done, sir.
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 08:55 AM
^is that a meme? if so whats it called?
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 09:01 AM
Quote:
Originally Posted by Tash
I once worked at a large place where there was an IT contractor who was paid so much per hour we figured out it would cost the company less to hire someone on minimum wage for an hour just to make the three minute walk to the photocopier and back rather than have him do it himself.
So he makes $165/hr, $350K/yr? As long as he is actually working productively, he's not wrong to hire someone.

(/nit)
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 09:10 AM
Hi,

I'm a close friend of CursedByaGypsy, and I've been playing with him in the same home game for two years now.

I replied to him personally and he wanted me to post my opinion here, so here goes.

While I think he has some valid points, I think what he's proving is that "it's impossible to win long term in poker without extreme self control, honesty with yourself and controllable ego" not that" it's impossible to win in poker long term"

For me, where home games are concerned, I've been winning consistently for two years. I have my bad stretches, but come back. My average win per session is still going up after 200 recorded sessions, while I'm mostly playing the same stakes.

My losing games are when I go to casinos, because even though the players are weaker than the home games I play, I'm not comfortable with the stakes so it puts me off my game. which to me proves that, it's about self control, limiting ego, and playing stakes you are comfortable with and bankrolled for.

My friend Cursed, is a very good online tournament player. I've watched him and followed him for a while. I think that he would be a consistent winning online tourney player, but thats just my opinion. ( what do i know) His kryptonite though is self control. Taking his winnings into cash games which are way too big especially as he's a better tourney player, or buying into tournaments that are too big for his online bankroll. I think he keeps going back to taking the big risk probably because it gets boring and he wants the rush. Grinding is not in his vocabulary

Anyway examples of players who will not go broke
Ivey obviously unless he has a major breakdown, but at his current level
Greenstein
Lisandro. Read about him( he takes a big percentage of his profits and sinks it into real estate which he rents out) and where he can't touch it

lots of them do this by the way.
they sink the money into investments they can't touch because they know they're degenerates so while they might go broke regarding cash, they know they have a guaranteed nest egg, which produces regular income, i.e. they won't suddenly start sleeping on the side walk.

Remember in a High Stakes episode when Matasow said to someone " the big lesson is not to bluff the rich ones. they'll call. then pointed to Negranu and a few of the others on the table" So if we're using quotes we listen to on tv , this to me indicates they are not all broke of course.
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 12:38 PM
Quote:
Originally Posted by Lestat26
Hi,

I'm a close friend of CursedByaGypsy, and I've been playing with him in the same home game for two years now.

I replied to him personally and he wanted me to post my opinion here, so here goes.

While I think he has some valid points, I think what he's proving is that "it's impossible to win long term in poker without extreme self control, honesty with yourself and controllable ego" not that" it's impossible to win in poker long term"

For me, where home games are concerned, I've been winning consistently for two years. I have my bad stretches, but come back. My average win per session is still going up after 200 recorded sessions, while I'm mostly playing the same stakes.

My losing games are when I go to casinos, because even though the players are weaker than the home games I play, I'm not comfortable with the stakes so it puts me off my game. which to me proves that, it's about self control, limiting ego, and playing stakes you are comfortable with and bankrolled for.

My friend Cursed, is a very good online tournament player. I've watched him and followed him for a while. I think that he would be a consistent winning online tourney player, but thats just my opinion. ( what do i know) His kryptonite though is self control. Taking his winnings into cash games which are way too big especially as he's a better tourney player, or buying into tournaments that are too big for his online bankroll. I think he keeps going back to taking the big risk probably because it gets boring and he wants the rush. Grinding is not in his vocabulary

Anyway examples of players who will not go broke
Ivey obviously unless he has a major breakdown, but at his current level
Greenstein
Lisandro. Read about him( he takes a big percentage of his profits and sinks it into real estate which he rents out) and where he can't touch it

lots of them do this by the way.
they sink the money into investments they can't touch because they know they're degenerates so while they might go broke regarding cash, they know they have a guaranteed nest egg, which produces regular income, i.e. they won't suddenly start sleeping on the side walk.

Remember in a High Stakes episode when Matasow said to someone " the big lesson is not to bluff the rich ones. they'll call. then pointed to Negranu and a few of the others on the table" So if we're using quotes we listen to on tv , this to me indicates they are not all broke of course.
Just to clarify the lowest available casino cash game where we live is $5- $10 blinds....
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 12:55 PM
One of the main reasons:
View: Rake is unproportionally high.

Last edited by M07; 10-19-2010 at 01:04 PM.
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 01:07 PM
Quote:
Originally Posted by CursedbyaGypsy
I sat down with Alan Smurfit who was a Bracelet winner from Ireland a few years back during the $1,000 satellite to the WPT Bellagio event (He won close to $500,000 dollars during his bracelet run). It eventually came down to Alan, some Armenian businessman and myself. That Irish guy had his bracelet in front of him the whole sit and go and it seemed so intimidating until when we were three handed and I was chip leader and he actually BEGGED ME to make a deal. "You understand that making a deal is better for you right? I mean you could lose all you have in two hands! Trust me, you need to make the deal, you seem new to this." He went on and on about it until I pushed him all in with Ac3c and he called with Ad3d. I flopped the nut flush. He got up without even saying good game and left.
Lol, Alan Smurfit is really struggling for money......

Just because people take their poker seriously and treat it as a separate entity from other aspects of their life, it doesn't mean they are broke just because they care.
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 01:31 PM
Quote:
Originally Posted by jmwiesner10
Having only read a few paragraphs of your post cursed, and having never played a big tournament in vegas, i can't comment on what you might or might not have seen. But i will say this, if i had money and i mean the kind of money that would actually turn some heads. i would not be walking around vegas with it in my pockets. I live in KS and we had an old lady get followed into the bathroom where she was promptly hit over the head with a hammer for a few thousand that she had just won on a slot. so looking like you don't have money may be a good way to get left alone. Another thing is when you sit a poker table for hours on end its nice to be comfortable so flip flops might be the way to go. as for whether someone is broke or not. i don't know, but poker is still after all gambling and some people do have a problem with it whether you're a pro poker player or joe nobody. So i wouldn't judge someone you only see walk by without being able to really talk to them or know what's going on.

james
This is a good post. Nowdays in casinos its really hard to judge somebody's wealth from how they look.
A prime example is i see a guy always playing 1/2, he wont move up to 2/5, he sits there and grinds 1/2 all day, playing top 10 hands, and making power poker hoyt plays only.
He is literally wearing a cheap hat, ugly glasses, full beard, and cheap walmart denims hiked up to his nipples. I always thought he was a broke ass older grinder.
Then i start to learn that he is one of the heaviest blackjack players in the casino, i see him one day walk over to 1/2, with 2 racks, over 8k in the racks, talking to another guy how he was down 3k, but he came back and did "okish". Now this may not seem alot to ppl, but in a small canadian casino, it is, our highest stakes of poker are 5/10.
Anyways. I sit there wearing $150 jeans, a $400 leather coat, $120 shoes, my underwear are literally more expensive then his jeans.
which is all standard stuff, i basically have a ton of clothes and i never look at the price. So yea i look pretty well off, but im sitting here broke right now.

Id have to say that, this scrubby older man, who looks "broke" is a hell of a lot cooler then me.
altho, he doesn't get any women. I still would give up girls for money/gambling...ya that sounds crazy, but idc.

moral of the story.....some guys dont give a **** how they look, cause they have wives at home and kids, and once you have fish on your plate for life, are you still gonna go buy new shiny tackle/reels/boats when you no longer need fish? *sound analogy here lol
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 04:44 PM
Quote:
Originally Posted by ToddVandale
This is a good post. Nowdays in casinos its really hard to judge somebody's wealth from how they look.
A prime example is i see a guy always playing 1/2, he wont move up to 2/5, he sits there and grinds 1/2 all day, playing top 10 hands, and making power poker hoyt plays only.
He is literally wearing a cheap hat, ugly glasses, full beard, and cheap walmart denims hiked up to his nipples. I always thought he was a broke ass older grinder.
Then i start to learn that he is one of the heaviest blackjack players in the casino, i see him one day walk over to 1/2, with 2 racks, over 8k in the racks, talking to another guy how he was down 3k, but he came back and did "okish". Now this may not seem alot to ppl, but in a small canadian casino, it is, our highest stakes of poker are 5/10.
Anyways. I sit there wearing $150 jeans, a $400 leather coat, $120 shoes, my underwear are literally more expensive then his jeans.
which is all standard stuff, i basically have a ton of clothes and i never look at the price. So yea i look pretty well off, but im sitting here broke right now.

Id have to say that, this scrubby older man, who looks "broke" is a hell of a lot cooler then me.
altho, he doesn't get any women. I still would give up girls for money/gambling...ya that sounds crazy, but idc.

moral of the story.....some guys dont give a **** how they look, cause they have wives at home and kids, and once you have fish on your plate for life, are you still gonna go buy new shiny tackle/reels/boats when you no longer need fish? *sound analogy here lol
I wear gold metallic underwear that cost hundreds of dollars, like Rocky in Rocky Horror Picture... so even if I am losing, I am looking at the old guy and thinking "my underwear cost more than your car, beeoch."
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 04:45 PM
Quote:
Originally Posted by Tash
I once worked at a large place where there was an IT contractor who was paid so much per hour we figured out it would cost the company less to hire someone on minimum wage for an hour just to make the three minute walk to the photocopier and back rather than have him do it himself.
Yes, that was me. I was making $240 an hour to do some C++ programming for you guys. I actually spent 90% of my time surfing the web though.
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 04:59 PM
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 04:59 PM
Quote:
Originally Posted by anilyzer
I wear gold metallic underwear that cost hundreds of dollars, like Rocky in Rocky Horror Picture... so even if I am losing, I am looking at the old guy and thinking "my underwear cost more than your car, beeoch."

wasn't the point of my post...but obv i knew somebody would flame , just cause everyone needs a shot to be funny.

i was trying to emphasize that clothing, depicts no real guarantee of money or deep pockets, and that with most gamblers, alot of the time it is the opposite.

is that cliffnote enough for you lil boy? have we landed yet? or we still flying above your head?
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 05:12 PM
Quote:
Originally Posted by anilyzer
s
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 05:27 PM
amusing read
Don't you get the feeling that almost all poker players are getting broke? Quote
10-19-2010 , 07:39 PM
Don't you get the feeling that almost all poker players are getting broke? Quote
10-20-2010 , 06:52 AM
lol at Farha being broke. Then why is he still playing 10k a hand blackjack?
Don't you get the feeling that almost all poker players are getting broke? Quote
10-20-2010 , 11:07 AM
Quote:
Originally Posted by skillsaw777
Tony isn't close to his brother Joe on the obnoxious scale.
also, just because your brother has money doesnt mean you do. people like to keep the money they earned, not give it away to others, family or not
Don't you get the feeling that almost all poker players are getting broke? Quote
10-20-2010 , 11:10 AM
+1 for Egypt...
Don't you get the feeling that almost all poker players are getting broke? Quote
10-20-2010 , 12:51 PM
this whole thread makes me wanna participate in some egyptian home games. OP lives in a dreamworld and probably has first hand information about all kinds of things.

also lol @ this adam dude, that caught gus hansen being massively overrolled just in case he takes villains exposed aces for fours or misclicks 64 big pots in a row...
Don't you get the feeling that almost all poker players are getting broke? Quote
10-20-2010 , 01:25 PM
some people u think are rich are broke. some people u think are broke are rich. The type of players you look up to prob arent as good at poker as some others.
Don't you get the feeling that almost all poker players are getting broke? Quote

      
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