cake and iceberg do well, but its nvg so heres a more lifelike example for most: assume you find a huge natural weed field in a forest, would you
A) tell all ur friends about it and do youtube tutorials for gto harvesting with a channel-names like "Reap it twice" or "deuces and crack"
or
B) shut the fk up and have a great time for at least a few years

most took option A for whatever reason

The reason being they thought the field was regrowing super quick and would continue to do so.

a lot of them were so young that 5 years ago they didnt have their drivers license, so the worries of a resume gap and overfishing didn't really occur to them. like when dr. giggy retired from BFP and his last blog post was about the money printing machine being broken. oops.

For all intents and purposes, Galfond is a self-made millionaire who did it by using his smarts and talents and seizing opportunities as they arose; thinking outside the box the entire way.

The purpose of this thread is to out a POS who is trying to get out of paying a large sum he owes and should, without a doubt, pay it back. There is no doubt, wavering, or leniency in any way against that fact.

Haters never made it to the top by hating, and always stayed low huddled with other haters bitching about how the guys at the top did X, Y, and Z and screwed the rest out of A, B and C. Just 'cause you didn't have the necessary set of skills to do what they did doesn't make it right for them to have bad things to happen to them. None of your statements/conclusions have *any* validity because your premises are out-of-whack and null. Still hataz gon hate....(and blame others for their misfortune no doubt)

I can't stand the thought of OP getting F***** out of that amount to a guy who ends sentences with "....my friend." Hope you get it back dog.....

The guy was losing money left,right and center. At some stage the supply of money was gonna run out.

Galfond took a (big) risk and came out on the wrong side of the risk/reward equation.

No use crying about it afterwards.

Hahaha, really liked that one






lets not get carried away here my friend. We both know that ship has sailed a long time ago...


Teh good ol 100% button open. You got a link to dat poast?

Ironically in that Dr. Giggy post he (correctly) blames black friday for the current state of things, and was only quitting because black friday ****ed things up so bad.

not sure you know what ironically means.

also black friday being bad for poker is a reason to make vids rather than not.

fwiw, my winrate went up after black friday - though in fairness i am pretty good at adapting.

YES VINIVICI YOU ARE FAIR IN YOUR MAGNAMINITY

BLESS US SIMPLETONS WITH MORE HUMBLEBRAGS IF IT SO PLEASE YOU

you are saying something unironically that is funny in an ironic way.

Looks like Galfond made a bet, but didn´t think ahead to what he was gonna do when the other guy raised him. Had he thought about it beforehand, he may well have come up with the idea of writing off a certain % of the debt or organizing a repayment plan or anything just to keep the guy playing with him in the future. After all, he didn´t lose anything. As it is, he´s lost a customer forever.
Well played sir!

This guy for president!!!! You're so freakin smart!!!!!!!

In poker there are 4 ways to make money and 2 types of players. The 4 ways to make money are own a site, be a part of a training site/coaching, affiliate and by playing poker. The 2 types of players are recreational players and players who play for a living.

Now let me see if i'm understanding this correctly. You make a ton of money off recreational players who play for fun and some money off the regs you are better then and thats perfectly ok. Now the guy who made his money the same way as you decided he would also make a company because he found a way to make more money off the recrational players and the regs and thats not ok because its making your work a lot harder. Am i understanding that correctly?

If you have a degree shouldnt you understand how business works? In what world do you think everyone would just stay quiet? Nobody would invite friends to this great source of income they found and not talk strategy making the entire player pool more difficult to beat. Did you honestly believe all the top players would come together and make a deal saying that nobody will create a training site/hud/seating script?

Instead of openly complaining about how difficult poker is becoming now shouldn't you silently be working on your next source of income? You dont want to tip people off that the game is getting too hard right?

It's possible I misinterpreted/misremembered some of your posts; apologies if that's the case.

How many outs does Galfond now have to get his money back after he opted to out the scumbag Sammy? Maybe Phil should have calculated the possible "outing outs" before the flop

PS. Rumour has it that Sammy has been coached by none other than the great Erick "E-Dog" Lindgren

Don't get fooled by timstone guys. He's just saying poker is going to ****s so more regs quit and he can make more money.

I'm almost starting to believe that actually.

I thought we were at the stage where the majority of our income comes from the new regs who havent figured it all out yet.

There is also a 5th way, see below:

"I'm butthurt that other pros made training videos for $$$, but it's perfectly ok that I did it" This is what you've essentially been saying throughout this thread.

No offence mate, but it was the most unbelievably stupid idea to give away secrets of the game for a couple of hundred dollars per video.

What were you thinking when you did that? Did you act rationally? Surely you can't have thought it was a good idea to literally destroy 5-10 years of your earning potential for a few hundred dollars? Talk about short-sightedness. No matter how desperate you were for money at the time, no matter whether someone else would have done it if you didn't, it was just the most stupid and naïve thing you could have possibly done.

I will give you an analogy: you don't see expert traders on Wall Street setting up training sites you can sign up to for $30/month which give away all their secrets. No, they are not ****ing braindead enough to give away their edge for a few measly dollars. So why did you create those training videos and give away most/all your edge?

For all the supposed "intelligence" of online poker pros, they sure do lack a huge amount of common sense.

Well for nl2 that might be a possibility. If we look at 100+ not so much





Amen!

Its not just common sense. Its more the complete inability to think longterm or about teh big picture how i like to call it

The problem with your opinion is that it is really stupid. I can't believe anyone would think that outing a scammer is scummy.

Not as stupid as lending a six figure sum with no legally binding contract and expecting to be paid back.

This is laughable and a perfect example of why the moaning about training sites is ridiculous. If giving someone access to some training videos immediately turns them into a good player and destroys your edge, then there is no way that state of affairs was going to last more than a few week anyways.

This is a great analogy, but not for the reasons you think. The reason that you can't sign up for $30/month stock trading training is that those "10 Secrets to Making $500,000 in the Stock Market in Two Weeks" training programs are scams that are shut down. You can still find them if you look - check your spam folder.

The expert traders on Wall Street do give away their "secrets" - take a Masters course in Mathematical Finance, where you will have professors who have been in the field. With a lot of work, you can become a decent quant analyst if you have the aptitude. The cost is high because it involves several years of training and a lot of work to become a quant on Wall Street, not because there is a cartel keeping the information secret. Grow up.

In any event, it's pretty funny watching people itt lament the fact that a group of at least a few hundred people were unable to maintain a cartel to keep poker information secret from the fish and regfish (or that they were somehow entitled to expect that such a cartel would be maintained).

Did anyone call Ja Rule? What are his thoughts on all this?