Got third in a WSOP event for like 230k in 08. I was staked, but had a good deal and profit, so I got like 65 pct of it myself. Well I have been notoriously bad with money, (i.e up a millionish from poker since I started playing in 07) with pretty much nothing to show for it besides a piece of land thats worth like 100k, and a bunch of Silver. Well anyone who knows me knows I drink way too much, and am pretty stupid with money. Well i got the entire 230k in cash, walked up to my backers room gave him around 100k in cash, then walked back downstairs with the rest of the cash on me. I had gotten pretty drunk at the final table (win JJ to 66 one time I'd have a ****ing bracelet dafkldsaf) and I was sort of tilted over that hand, since first I believe was over 500k, which was probably 10x my roll at that point. I was living with Kevin Macphee at that point, and one of his friends had just gotten into Vegas and arrived at the Rio. Apparently the first thing I did was throw a 10k brick at him as a joke. But that's not the story.
Ever since I first started playing poker I have quite often risked all the money I have to my name on one hand. Sometimes it has gone well, sometimes it has gone bad. My friend loaned me 2k at EPT Copenhagen in 08, I quickly ran it up to 20kish playing against over-aggro Northern Euro PLO players simply by check calling postflop. So of course I did the only logical thing: I moved up to a game that I could play 500 bbs deep with 20k. The game went well at first, I am up to about 30k. My preflop omaha game at that point was beyond spewy at that point. I then got into a hand where i had raised (appx numbers) to about 150 up front with 6432 double suited. I get a caller, another guy (one of the ept dudes, founder, owner, something) makes it like 600ish. I reraise to 1100, he rr's to like 5k. He was over 40, his range is strictly one hand. We both have about 30k in front. Flop 226. Jackpot! I check, he pots, i push he calls. He doesn't flip his cards, and of course an Ace turns. I felt disgusted, wanted to cry. At showdown, I say 2s full of 6s, he makes me show, then shows his AA. I nearly choked him. Pushed my chips on the floor instead of to him and left because I am cool like that. Left a few days later, unable to pay my room bill, and had to be put on a payment plan.
But sometimes degen' turns out alright. In 2009, despite having 400kish in live cashes in very limited buy ins, and 300k+ in mtt profit online, I am flat broke. And i mean flat broke. All bank accounts overdrawn, etc. I am living at home midway through the wsop after having spent the entire summer at the wsop homeless (more on this later). I get a friend to loan me 50 dollars on stars on a friday night. I play some 12 180s and 2.20 180s for the rest of the money I have on that site. Win some, lose some, end up with like 60 dollars after like 50 sngs...w.e. Next night I borrow 20 bucks from my mom, call my friend to come pick me up and drink at his house and spend that money at the bar later that night. The next morning I wake up at like 6am at my friends house, 45 miles away from my house with a good feeling about poker (it is sunday). I make him take me home (he owes me, spent 10s of thousands on his ass). I was on like 2 hours of sleep, and still drunk, but I just had a feeling that I needed to play. I get there and instantly start playing 4.40s, 2.20s and 3.30 rebuys to the sunday warm up. Win a warm up seat (maybe two). Proceed to play the warm up, and a bunch of micros till I have no money left in account. Account reads 0.17, but ITM in the warm up so I am happy. Of course one thing leads to another I get aipf with AA vs the two other CL's of the entire tourney with 130 left who both have AK, and boom, ship the CL. From there on out I only lose the cl for less then 10 hands and ship the warm up for 130kish or something a month after being legit homeless.
But I have kinda sidetracked from my original story of degenning after winning 230k. So of that, i got like 130ish or something. Remind you that I was drunk at the time of winning it. Like, doing 12 Jagerbombs at the final table drunk. So first thing I do is go to the bar. 130k dollars in cash in my pockets/hands/sweatshirt. I get completely blackout drunk and drive home ( i have since payed dearly for drinking and driving, have 2 duis, lesson learned). I wake up in the morning and have no idea where any of the cash is. I panic and start texting friends, no one has a clue where it is. So i go look out in my car, and there is literally money covering the floors. Nothing in bands, just money laying everywhere. I count it, and it is like 115k. Okay, lost a bit, only like 10 pct so no big deal. I take it to the bank, deposit 100k in cash, put 15k in pocket. I decided to go to the topless pool at the Rio with a few friends and my sister(probably went there 20x that summer, and I know going to a topless pool is a bit weird with your underage sister, but she kept her top on the majority of the time) and we start taking shots at like 11 am. We would drink a corona, have a shot of patron, drink a miami vice, and do a jagerbomb. We probably repeated that cycle 10 times each before closing. Of course I was paying for everything. And each round was like 125 per person, but I was rich so who cares. According to my sister at one point I was telling people I would throw 10k in the pool, and when they didn't believe me I actually did. Apparently she literally jumped in after it and got nearly all of it back. But the drinking didn't stop there. That night me and 4 other guys went to the strip club (the huge one thats not rhino, multiple stories) We got a private room, bottle service, blowjobs, the works. The bill was billed to my credit card(s) it maxed a few of them. I was told it was going to be a couple thousand. I left, next day I look at my statements, the total bill came to over 20k. And one of the strippers stole my Pradas, and I couldn't nut because I was too drunk, so I just fell asleep. Fml. A few days later I lost 25k at 25-50-100 PLO because they were restraddling for 200-400-800. I decided to leave when it got to my bb cuz it was way too big for me, but got AAJ10 single suited utg, and decided to limp repot all in and that way I could get out for cheap if people limp behind etc, sicne the money meant a lot to me. I get it aipf vs a guy sitting with over 100k, we run it twice he has Q8910ds. He flops a fullhouse first hand, second hand I flop an ace he rivers a straight. Fml. Lost like half my roll in 2 days since the big cash. W.e. I proceed to spend over 1k dollars a day everyday that I am there on drinks, partying, hookers etc. Go home with like 15k (left with 50k, got up to 180k at peak), leave with 15. Wp me.
Course that doesn't last me very long and I had to get staked again. Fast forward to the next summer. I get a staking deal for 19k at wsop. 6 1500s and main. He gives me 9k up front. Problem is I have only 1k to my name. I book a flight to vegas, and end up having to back out of a house that i had made plans for because I couldnt afford to pay the guy. I stay at the stratosphere for like 39 dollars a night, and take taxis to the wsop events. And go back and spend the night on the stratosphere. First few nights I live like a more moderate version of myself, but somehow 3 nights in only have backers money left. But I need to find a way to live, so I use it to pay cash games, and lose. Not much, but now I am scared, so I use the rest to buy into the 5 events I have enough for, and borrow 300ish to buy into the final event. Now i have no money. really embarassed to have to ask for a loan again, so I dont. I have 0 dollars and 0 cents, and I am playing a 1500 in two days. I get a ride back to the Stratosphere, sleep, check out of my room, put my stuff in storage. Now I have no room, so I spend teh day wondering around vegas like a bum. That night I find a one room bathroom in the stratosphere in a secluded area and lock the door and sleep inside it. Crazy enough, no one knocked for the 4 hours I slept. The next day I get up early, and walk all the way to the rio. Like 8 miles, play the event, bust like the 10th hand. Walk all the way back. Like 17 miles roundtrip. Decide this is too much to take, my friends had bought me dinner (they didnt know i was flat broke, just offered) and kept making comments that I have a tan like a homeless person. Little did they know why. So I call my parents, get them to book me a room at a hotel that looked close on a map to the Rio. The golden nugget, not close at all. Problem is, I am at the stratosphere still. Turns out, the Golden nugget is way beyond the Rio. Like 3 more miles. Walked all the way there. Had to take a shuttle everyday to the MGM from the Golden Nugget, and walk to the RIO. Busted 6 events, canceled main event stake, went home and won the warm up on borrowed money. Rinse, repeat. Rich, busto, rich, busto. Smarter now? Maybe...
Brag: turned 60 dollars into 130k in 15 hours.
Beat: homeless more then once despite being a million in the black. Spent 20k at strip club. Went to the topless pool with my sister. Survived off of free coffee and 10 dollar vouchers from wsop buy in's at the poker kitchen for weeks. Credit card denied so i had to pay for 30 dollar taxi ride with 800 dollar silver necklace that I never got back.
Variance: My sister kept her top on...but hooked up with my friend who I later threatened with a knife. HIV test=negative despite unprotected sex with many hookers. Necklace's on white guys look really silly, and it was a good decision not to retrieve it.
Last edited by theprodigalson; 02-03-2011 at 03:06 AM.