i mean this whole post is super dumb but huge lol @ 35% taxes on $50k of income

well said.

It's no surprise that being open and honest is being criticized by all the pros here. Poker is a super shady business and it attracts characters of very low ethical character. Still, I find it funny that everyone feels the need to chime in with their advice/criticism about the correct way to do business when it's pretty clear that Chad is far more successful in this profession than any of you guys.

(no offense if I missed you but quickly scrolling through this thread I see a bunch of pros that aren't anywhere close to his level..although I see a few that probably think they are....the numbers speak for themselves though)

Lol, success doesn't correlate with being ethical. If he wasn't successful we wouldn't be talking about him, and other than that your point isn't useful.

I never said success correlates with being ethical. I'm just pointing out that in this regard Chad is being more ethical than the pros in this thread. He is also clearly far more successful than the vast majority of the pros trying to give him advice on how to run his business.

This isn't that unreasonable given the 15% self employment tax that professional poker players must pay, for which there are really no exemptions or deductions. Although depending on the exact contractual arrangement that Chad has with his stakees, Chad may be required to pay half of this tax. And there are state and local income taxes as well.

It was - until Moneymaker, when the anonymous quiet, out of the spotlight (and usually more highly skilled) pro began to make less than whiny MTT stars, young brash superlag internet kids, loud and bombastic cash game players, and attractive female players.

There are many ways to make legit money in poker/gambling. But you can't expect to make everybody happy all the time.

Situations change and you either adapt or die.

Chad lied about having 200k in an offshore Chinese bank account. He also wasn't able to verify his win rate at 5/T+. Saying you have money when you don't is "super shady" and it's pretty difficult for "numbers" to "speak for themselves" if you don't publish them! If Chad didn't allow his horses to play at the same table 100% of the time, or play at the same table as him 100% of the time, then his behaviour would be more ethical than some others who stake/coach.

lol

lol some complete pussy on an anonymous gimmick comes in to accuse chad of cheating and being a scumbag with no actual evidence or proof to back it up. solid.

Also writes well and is coherent!

It sounds like back in the day Kydd and donk2donk used to play in the same games. Now Kydd is one of the highest paid players in poker while donk2donk is a low life degenerate..doesn't even have a car, and is looking for a place $500 or less to grind in Vegas. He sounds like a very jealous person. Even if he did befriend a horse, the horse could have been telling him to stay off their table because donk2donk is a terrible player and was going to get wrecked. Any true friend would advise someone like donk2donk to quit poker altogether because he is clearly just wasting his life away.

^^^^
When in doubt, defer to the assumption that the poker player in question is scummy and what you read in the now Bezos-owned Washington Post is untrue. You will rarely be disappointed.

The good news is since he put Dream Catcher rather than Dream Crusher on ignore he will be able to see this post!

Just read through this thread, wanted to throw in my experience of playing at MGM with both Chad and one of his horses the day after this article came out. Def a little awkward playing at a table where you know one is staking the other, especially when you are in a multiway pot with both of them.

However, had this gem of a hand. 5-10 NL with mandatory $25 straddle. Limped for $25 with Aces, Chad makes it $150 to go. Horse flats in SB, I raise to $500. Chad folds, Horse insta jams for $2k effective. Ship it.

Chad proceeds to give him the death glare. Horse lowers his head in shame.

Also, can't help but to think that Horse is 3-betting anyone else from the SB in that spot. To say that the way they play isn't affected by the staking arrangement is obv bull****.

Why in the world wouldn't you ask to see his cards?

I asked him if he wanted to run it twice and he agreed so I flipped my hand over. Kind of expected him to flip his as well. The way the two boards ran out I'm going to say the most likely hand was AK.

I haven't played too much with Chad but I have played pretty extensively over the last two years or so with his stable at MD Live. I would say for the most part they are all solid 2/5 grinders; wouldn't say I've seen any blatant collusion or anything like that.

I made a thread on this here
https://forumserver.twoplustwo.com/2...spute-1723225/