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World Series of Poker Final Table
VitoCo1972
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Card in the air at 2pm Vegas time on Saturday Anyone have any predictions? I would like to see Phil Ivey win, but with 5% of the chip right now it'd be a tough road for him to do it (probably have to survive multiple All-In's). i don't think Darvin Moon wins. He was getting hit in the face with the deck for the whole tournament and if you play cards at al, you know that can't continue.
My pick is Jeff Shulman. I think he beats Eric Buchman heads up...
but as long as Steve Begleiter (former exec at Bear Stearns) doesn't win, any result is ok.
My pick is Jeff Shulman. I think he beats Eric Buchman heads up...
but as long as Steve Begleiter (former exec at Bear Stearns) doesn't win, any result is ok.
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Short stacks start pushing with marginal hands and anything can happen.
Phil is easily the best of the group - I just wish I was playing.
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<< <i>i stopped watching this crap when they postponed the final table for several months. what a waste >>
I completely agree - how stupid......
MULLINS5,1966CUDA,nam812,nightcrawler,OAKESY25,PowderedH2O,relaxed,RonBurgundy,samsgirl214,shagrotn77,swartz1,slantycouch,Statman,Wabittwax
I agree about Begleiter ... just something about him ... I'd like to see Moon win, but it will be a mighty tough thing for him to do, even with all those chips. If anyone can win short stacked, it's Ivey.
Doug
Liquidating my collection for the 3rd and final time. Time for others to enjoy what I have enjoyed over the last several decades. Money could be put to better use.
Televised tournament poker was fun (for me) for about a year, but I've gotten very, very sick of it since. Bottom line, this isn't poker, since poker requires you to be betting your own money.
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Doug
Liquidating my collection for the 3rd and final time. Time for others to enjoy what I have enjoyed over the last several decades. Money could be put to better use.
My Podcast - Now FEATURED on iTunes
<< <i>Bluff Magazine Online has a great radio feed where pros are analyzing the hands and there are live chipstacks and cards etc. It's very good. Watching HSBC Golf on golf channel while watching that online.
Thx Vito.....Ivey still alive, but shortstack with 7 remaining.
My Podcast - Now FEATURED on iTunes
collecting RAW Topps baseball cards 1952 Highs to 1972. looking for collector grade (somewhere between psa 4-7 condition). let me know what you have, I'll take it, I want to finish sets, I must have something you can use for trade.
looking for Topps 71-72 hi's-62-53-54-55-59, I have these sets started
what a long session
collecting RAW Topps baseball cards 1952 Highs to 1972. looking for collector grade (somewhere between psa 4-7 condition). let me know what you have, I'll take it, I want to finish sets, I must have something you can use for trade.
looking for Topps 71-72 hi's-62-53-54-55-59, I have these sets started
<< <i>Card in the air at 2pm Vegas time on Saturday Anyone have any predictions? I would like to see Phil Ivey win, but with 5% of the chip right now it'd be a tough road for him to do it (probably have to survive multiple All-In's). i don't think Darvin Moon wins. He was getting hit in the face with the deck for the whole tournament and if you play cards at al, you know that can't continue.
My pick is Jeff Shulman. I think he beats Eric Buchman heads up...
but as long as Steve Begleiter (former exec at Bear Stearns) doesn't win, any result is ok. >>
Maybe you can clarify some of the real reasons you don't like Steve Begleiter. The way your post was worded, it almost implies that you don't like him BECAUSE he was a former exec at Bear Stearns. With all the ridiculous populist "I hate Wall Street" sentiment floating around these days, I'm sure some people think thats what you meant.
Always buying Bobby Cox inserts. PM me.
<< <i>
<< <i>Card in the air at 2pm Vegas time on Saturday Anyone have any predictions? I would like to see Phil Ivey win, but with 5% of the chip right now it'd be a tough road for him to do it (probably have to survive multiple All-In's). i don't think Darvin Moon wins. He was getting hit in the face with the deck for the whole tournament and if you play cards at al, you know that can't continue.
My pick is Jeff Shulman. I think he beats Eric Buchman heads up...
but as long as Steve Begleiter (former exec at Bear Stearns) doesn't win, any result is ok. >>
Maybe you can clarify some of the real reasons you don't like Steve Begleiter. The way your post was worded, it almost implies that you don't like him BECAUSE he was a former exec at Bear Stearns. With all the ridiculous populist "I hate Wall Street" sentiment floating around these days, I'm sure some people think thats what you meant. >>
Who needs a water-tight justification for rooting for someone (or against them)? Saying 'I'm rooting against Begleiter because I hate Wall St.' isn't any more irrational than saying 'I'm rooting for Phil Ivey because he's a 'pro''. Or, if you prefer, "I'm rooting for the Atlanta Braves because the millionaires who are employed by them play baseball in a stadium that's kind of near where I grew up".
AND THEN THERE WERE TWO
After a record 14.5 hours of play, the final table of the 2009 World Series of Poker Main Event has come down to two remaining players. The grueling day-long marathon ended shortly before 6:00am pst.
The first elimination of the day belonged to James Akenhead, who busted out in ninth place after the board could not improve his pocket 3’s all-in vs. the pocket nines of Kevin Schaffel. A few hands later, Schaffel would himself be eliminated all-in against Eric Buchman who hit quads after kings on the flop and river , cracking Schaffels pocket aces. Eighth and ninth places paid $1,300,228 and $1,263,602 respectively.
Phil Ivey was eliminated next after pushing all-in against Darvin Moon. While Ivey’s A-K dominated the A-Q of his opponent, Moon caught one of three remaining queens on the flop to move ahead. The turn and river helped neither player, ending what was a spectacular showing for Phil Ivey during the 2009 World Series of Poker and bringing disappointment to many who hoped to see the first professional since Carlos Mortensen win the WSOP main event. Seventh place paid $1,404,014.
Out in sixth place was Steven Begleiter, whose championship hopes were also eclipsed by Darvin Moon. In an amazing hand, Moon caught a river ace, beating Begleiter’s queens to bring play down to five. Sixth place earned Begleiter $1,587,160.
Jeff Shulman would be the next out after an all-in with pocket 7’s against Antoine Saout’s A-9. Saout hit one of his overcards as a nine came on the flop. Neither improved on the turn or river and Shulman’s bid was ended in 5th place, which paid $1,953,452.
Antoine Saout would go on to make an astounding run during the wee hours of the night to become chip leader, doubling through Eric Buchman to $89 million. Buchman, who commanded a healthy stack throughout most of the day, was left crippled with only about 9 million chips remaining.
A short-chipped Buchman would soon double up through Moon, only to return it all back to him a couple of hands later as his A 5 could not hold up against Darvin’s K- J. Buchman took home $2.5 million for his 4th place finish.
As day broke along the Las Vegas skyline, a subdued audience watched the final hand of the night take place as Cada’s A-K beat Saout’s pocket 8’s with a river king. Saout, who entered the main event through a $50 online satellite will see a $3.5 million dollar return on his investment.
The two remaining players, Darvin Moon and Joseph Cada, will resume play Monday, November 9th at 10:00 pm at the Penn and Teller Theater in the Rio All-Suite Hotel and Casino with blinds at 500,000/1,000,000.
Moon has just under $59 million of the remaining chips while Cada sits atop a monstrous $135,950,000 stack. Cada, age 21 is well-positioned to become the youngest World Series of Poker Main Event champion in history.
Doug
Liquidating my collection for the 3rd and final time. Time for others to enjoy what I have enjoyed over the last several decades. Money could be put to better use.
<< <i>
<< <i>Card in the air at 2pm Vegas time on Saturday Anyone have any predictions? I would like to see Phil Ivey win, but with 5% of the chip right now it'd be a tough road for him to do it (probably have to survive multiple All-In's). i don't think Darvin Moon wins. He was getting hit in the face with the deck for the whole tournament and if you play cards at al, you know that can't continue.
My pick is Jeff Shulman. I think he beats Eric Buchman heads up...
but as long as Steve Begleiter (former exec at Bear Stearns) doesn't win, any result is ok. >>
Maybe you can clarify some of the real reasons you don't like Steve Begleiter. The way your post was worded, it almost implies that you don't like him BECAUSE he was a former exec at Bear Stearns. With all the ridiculous populist "I hate Wall Street" sentiment floating around these days, I'm sure some people think thats what you meant. >>
I wasn't rooting against Begleiter because he was a Wall St exec. (although to be fair, that wasn't endearing). I thought he was the weakest player of the 9, and if poker is ever going to be thought of as a game of skill and not luck by the non-poker playing masses, pros like Ivey, Buchman or Shulman have to win the biggest event one of these days. Obviously they're better players than Moon/Begleiter.
Now you have to root for Joe Cada. Moon was al in with the worst of it MULTIPLE times last night and won. Cada is a really solid internet player and would be a good ambassador. Moon is one of those donks that you hate playing against because he's just a lucky SOB.
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Now you have to root for Joe Cada. Moon was al in with the worst of it MULTIPLE times last night and won. Cada is a really solid internet player and would be a good ambassador. Moon is one of those donks that you hate playing against because he's just a lucky SOB. >>
agreed sometimes its better to be lucky then good. i was playing in a home tourny, last week and we got down to 5 players (4 cashed) and i went all in with A-Q flop top pair and lost to 3-6 suited on a river heart. what the heck was he doing in the hand? i bet aggressive to get him out pre-flop and after the flop he calls my all in on a heart draw and low ones at that. but i know the guy that's how he plays, i actully put him on 5-6 suited, i figured they would be connected. and i am the bubble boy no cash. he gets lucky all the time. but thats part of the game.
thanks for letting me vent.
collecting RAW Topps baseball cards 1952 Highs to 1972. looking for collector grade (somewhere between psa 4-7 condition). let me know what you have, I'll take it, I want to finish sets, I must have something you can use for trade.
looking for Topps 71-72 hi's-62-53-54-55-59, I have these sets started
<< <i>
<< <i>
<< <i>Card in the air at 2pm Vegas time on Saturday Anyone have any predictions? I would like to see Phil Ivey win, but with 5% of the chip right now it'd be a tough road for him to do it (probably have to survive multiple All-In's). i don't think Darvin Moon wins. He was getting hit in the face with the deck for the whole tournament and if you play cards at al, you know that can't continue.
My pick is Jeff Shulman. I think he beats Eric Buchman heads up...
but as long as Steve Begleiter (former exec at Bear Stearns) doesn't win, any result is ok. >>
Maybe you can clarify some of the real reasons you don't like Steve Begleiter. The way your post was worded, it almost implies that you don't like him BECAUSE he was a former exec at Bear Stearns. With all the ridiculous populist "I hate Wall Street" sentiment floating around these days, I'm sure some people think thats what you meant. >>
I wasn't rooting against Begleiter because he was a Wall St exec. (although to be fair, that wasn't endearing). I thought he was the weakest player of the 9, and if poker is ever going to be thought of as a game of skill and not luck by the non-poker playing masses, pros like Ivey, Buchman or Shulman have to win the biggest event one of these days. Obviously they're better players than Moon/Begleiter.
Now you have to root for Joe Cada. Moon was al in with the worst of it MULTIPLE times last night and won. Cada is a really solid internet player and would be a good ambassador. Moon is one of those donks that you hate playing against because he's just a lucky SOB. >>
Actually, I disagree. If you're looking at this from the perspective of what's best for poker, having the poorer players win the tournament is far better than having an 'Internet pro' (and I use the term loosely, given some of the players that this term has been ascribed to) take it home. The best case scenario for a poker player is to find yourself sitting at a table where the other nine guys think the game is all about luck. Having bad players win these tournaments furthers that cause.
Also, FWIW, this Moon seems like a pretty nice guy. I also come from a family of loggers, so maybe I'm a little biased... but having a fellow who at least comes off as a decent and humble human being win a high profile tournament can never be a bad thing, IMO.
im pulling for the logger
<< <i>Also, FWIW, this Moon seems like a pretty nice guy. I also come from a family of loggers, so maybe I'm a little biased... but having a fellow who at least comes off as a decent and humble human being win a high profile tournament can never be a bad thing, IMO. >>
Agree completely about Moon. But how can anyone in the non-poker playing public look at poker as a skill game when this guy (an admitted card rack) get's hit in the face with the deck for 5 days, makes 20 horrible plays and wins against a few great players.
What I'm saying is, Tiger Woods doesn't lose to a 12 handicapper. Moon is basically a 12 handicapper. He shouldn't be winning the Masters. Nice guy, but ugh.
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<< <i>
<< <i>Also, FWIW, this Moon seems like a pretty nice guy. I also come from a family of loggers, so maybe I'm a little biased... but having a fellow who at least comes off as a decent and humble human being win a high profile tournament can never be a bad thing, IMO. >>
Agree completely about Moon. But how can anyone in the non-poker playing public look at poker as a skill game when this guy (an admitted card rack) get's hit in the face with the deck for 5 days, makes 20 horrible plays and wins against a few great players.
What I'm saying is, Tiger Woods doesn't lose to a 12 handicapper. Moon is basically a 12 handicapper. He shouldn't be winning the Masters. Nice guy, but ugh. >>
Hi Mike,
I agree w/ everything here, but a couple more points:
1) Everyone who's ever won the W.S. has survived multiple donkish plays. so that alone doesn't distinguish Moon.
2) I don't think there's an equivalent of a 12 handicapper in poker. For instance, so long as someone has a basic understanding of the rules of poker they are never more than a +150 (or 40%, if you will) dog against the best player in the world, assuming both players start with the same number of chips. This was actually mathematically demonstrated by Sklansky, who showed that you will never be worse than 60/40 heads-up if you just push on every hand pre-flop. I play Tiger, I lose every-- and I mean every- time. I play Phil Ivey, I probably get all the money at about a 45% clip.
but I still think Moon is a donk
My Podcast - Now FEATURED on iTunes
<< <i>Now you have to root for Joe Cada. Moon was al in with the worst of it MULTIPLE times last night and won. Cada is a really solid internet player and would be a good ambassador. Moon is one of those donks that you hate playing against because he's just a lucky SOB. >>
agreed sometimes its better to be lucky then good. i was playing in a home tourny, last week and we got down to 5 players (4 cashed) and i went all in with A-Q flop top pair and lost to 3-6 suited on a river heart. what the heck was he doing in the hand? i bet aggressive to get him out pre-flop and after the flop he calls my all in on a heart draw and low ones at that. but i know the guy that's how he plays, i actully put him on 5-6 suited, i figured they would be connected. and i am the bubble boy no cash. he gets lucky all the time. but thats part of the game.
thanks for letting me vent. >>
I'm sorry this happened to you.
I got knocked-out of a tourney, going all-in with pocket jacks, big bet didn't expect to get a call but my favorite donk looks me up with J9 suited clubs!
flops two clubs and sucks out on the turn!
That ain't right!
rd
P.S. I keep telling myself, "I put my money in with the best hand"! Oh well, next time! LOL!
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Exhilerating to say the least, It should make for a great TV Broadcast.
Pm me if you want to know the results.
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-John
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Collecting 1993 Finest Refractors & All Refractors 1993 - 2001, 1964 Topps Psa 8.5 or Better
Soon to be Collecting 1966 Batman Color and all Hall of Famers in all Sports in as High a Grade as I can Afford.
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Last Updated: November 10. 2009 7:40AM .
The Detroit News
Joe Cada's path to the biggest poker stage in Las Vegas started in Macomb County when he was attending Utica High School.
Within two years later, he'd quit his job as a busboy, dropped out of college and become a poker professional.
Now Cada, just 21, is the youngest winner ever of the World Series of Poker event that draws international attention -- and bestowed $8.5 million on Cada for taking down a logger from Maryland who was twice his age.
Cada, already a millionaire even before his early victory today, found himself alone with a pile of cash, besting nearly 6,500 contestants to win the coveted Main Event gold bracelet.
"I think it's a lot easier now to talk to people about what I do," he told The Detroit News in an earlier interview.
"When people asked me what I did for a living before all this with the World Series, I would say that I play cards and most people immediately thought I was a degenerate because I gambled for a living. It's easier to tell people you play poker for a living when you already have that notoriety."
Cada was introduced to poker when he split an initial $25 stake in an online game with his brother, Jerome, nearly six years ago. They quadrupled their money, then doubled it again. But Joe then lost it all.
He obviously recovered. He has made $551,788 in online tournaments since 2008, and in the last four months, he's jetted off to major poker tournaments in Los Angeles, Barcelona and London, and received an all-expenses paid trip to Bristol, Conn., for an appearance on ESPN.
Cada's amazing run has earned him a one-year, $1 million contract from the online Web Site, PokerStars.net, and he is closing in on nearly $3 million in combined poker winnings and sponsorship deals over the last two years.
He said he's looking to buy a second home in Las Vegas -- he owns a home in Chesterfield Township -- and has aspirations of opening his own bar soon.
Cada will have to split the pot, though: He needed a professional backer to get into the World Series event he just won. It's common practice in the poker community to get an investor to put up the buy-in fee for a tournament for a share of the winnings. In exchange for fronting Cada the $10,000 entrance fee, Eric Haber and Cliff Josephy will get half of his winnings.
"He has made $551,788 in online tournaments since 2008"
"Cada will have to split the pot, though: He needed a professional backer to get into the World Series event he just won."
He's supposedly making all this online money, yet he had to have a "professional backer" for 5K of the buy-in. LOL
Smart move though on the part of PokerStars - This guy in my opinion, from what he did, sadly will entice and lure more young suckers into playing online poker than did Chris Moneymaker.
<< <i>It always makes me laugh at how gamblers are such notorious liars. LOL
"He has made $551,788 in online tournaments since 2008"
"Cada will have to split the pot, though: He needed a professional backer to get into the World Series event he just won."
He's supposedly making all this online money, yet he had to have a "professional backer" for 5K of the buy-in. LOL
Smart move though on the part of PokerStars - This guy in my opinion, from what he did, sadly will entice and lure more young suckers into playing online poker than did Chris Moneymaker. >>
It's actually worse than that. If you read the article, he had TWO horses, and was 100% backed-- each horse put up 50% of the buy-in.
The story says he has made just shy of $3,000,000 in the last few years. Why in the hell would he need a "backer" for a measley 10g? Im the kind of person that needs a backer, not a multi millionaire poker pro!! Anyone else find this to be VERY odd?
<< <i>"Cada will have to split the pot, though: He needed a professional backer to get into the World Series event he just won. It's common practice in the poker community to get an investor to put up the buy-in fee for a tournament for a share of the winnings. In exchange for fronting Cada the $10,000 entrance fee, Eric Haber and Cliff Josephy will get half of his winnings. "
The story says he has made just shy of $3,000,000 in the last few years. Why in the hell would he need a "backer" for a measley 10g? Im the kind of person that needs a backer, not a multi millionaire poker pro!! Anyone else find this to be VERY odd? >>
That 3 mil could be gross, not net, in which case the picture becomes much clearer. Or, he could just be allergic to money. All you need is one leak, like the dice pits for example, and you can blow through seven figures a year. It sounds gross, but it's not really that hard to do.
<< <i>
<< <i>"Cada will have to split the pot, though: He needed a professional backer to get into the World Series event he just won. It's common practice in the poker community to get an investor to put up the buy-in fee for a tournament for a share of the winnings. In exchange for fronting Cada the $10,000 entrance fee, Eric Haber and Cliff Josephy will get half of his winnings. "
The story says he has made just shy of $3,000,000 in the last few years. Why in the hell would he need a "backer" for a measley 10g? Im the kind of person that needs a backer, not a multi millionaire poker pro!! Anyone else find this to be VERY odd? >>
That 3 mil could be gross, not net, in which case the picture becomes much clearer. Or, he could just be allergic to money. All you need is one leak, like the dice pits for example, and you can blow through seven figures a year. It sounds gross, but it's not really that hard to do. >>
The far more likely scenario is that Cada did not expect to do very well and had a chance to play for free. If he did well, its all profit, if he got cracked on day 1, he is out zilch. I play in a weekly $110 tourney at the Horseshoe in Indiana. $110 to me is probably comparable to $10,000 to a successful poker pro. If any of you wanted to stake me the $110 to split whatever I win, I'd do it in a second I suppose. Of course, if I ended up winning the $2700-$3000 top prize, im sure i'd be a little miffed, but a deal is a deal.
On a side note, what was the controversy a couple years ago with Gold? Didnt he have a similar deal and then turn crawfish on it? Was it resolved?
I've played "tour events" (i.e., Asia Pacific Poker Tour, WSOP, etc.). "Honed my skills" in no limit hold em over the years, and feel my game is pretty damn good!
Saying that, today's young players play with no fear and sometimes bordering on insane moves. So you not only have to be "on top of your game", get great cards, you need to survive crazy calls and avoid horrendous sukouts in order to cash in professional events.
Many players in these tourneys play 10, 12 and even 18 hours a day on line. Most win their way into professional live tourneys via online events.
I would win a couple of trips per year. Last being 2008. I no longer play for $$$ online, just play at clubWPT (for $19.95 per month). You can play with free chips or tourney chips. I play tourney chips, because the player level is a little bit better than the "free chips" area.
I've run-up 500 tourney chips to about 70,000 chips in a few months now. It makes me yearn for some "REAL ONLINE ACTION", but I've stayed-away from the real online sites for about 8 months now!
I play live local tourneys once in a while here in South Florida. Maybe someday, I'll try some "circuit poker events", but for now, with the big real estate hits I've taken these past few years, I'll stick to $19.95 per month! LOL!
rd
BTW, congrats to Cada for winning the WSOP main event!
Quicksilver Messenger Service - Smokestack Lightning (Live) 1968
Quicksilver Messenger Service - The Hat (Live) 1971
<< <i>
<< <i>It always makes me laugh at how gamblers are such notorious liars. LOL
"He has made $551,788 in online tournaments since 2008"
"Cada will have to split the pot, though: He needed a professional backer to get into the World Series event he just won."
He's supposedly making all this online money, yet he had to have a "professional backer" for 5K of the buy-in. LOL
Smart move though on the part of PokerStars - This guy in my opinion, from what he did, sadly will entice and lure more young suckers into playing online poker than did Chris Moneymaker. >>
It's actually worse than that. If you read the article, he had TWO horses, and was 100% backed-- each horse put up 50% of the buy-in. >>
<<< Eric Haber and Cliff Josephy will get half of his winnings. >>>
You follow it a lot closer than me so I'll take your word for it...I read it as these two each get a 25% piece of it for a 50% total.
Of course, whatever is that situation, it's well known that gambling websites often front the buy-ins for "popular" tourney players. If I'm not mistaken, I think one year it was either PS or FT fronted the 10K buy-ins for around 100 players...a million dollars is chump change for them compared to all the publicity generated for them with their logo on the player's apparel, etc.
<< <i>
<< <i>
<< <i>It always makes me laugh at how gamblers are such notorious liars. LOL
"He has made $551,788 in online tournaments since 2008"
"Cada will have to split the pot, though: He needed a professional backer to get into the World Series event he just won."
He's supposedly making all this online money, yet he had to have a "professional backer" for 5K of the buy-in. LOL
Smart move though on the part of PokerStars - This guy in my opinion, from what he did, sadly will entice and lure more young suckers into playing online poker than did Chris Moneymaker. >>
It's actually worse than that. If you read the article, he had TWO horses, and was 100% backed-- each horse put up 50% of the buy-in. >>
<<< Eric Haber and Cliff Josephy will get half of his winnings. >>>
You follow it a lot closer than me so I'll take your word for it...I read it as these two each get a 25% piece of it for a 50% total.
Of course, whatever is that situation, it's well known that gambling websites often front the buy-ins for "popular" tourney players. If I'm not mistaken, I think one year it was either PS or FT fronted the 10K buy-ins for around 100 players...a million dollars is chump change for them compared to all the publicity generated for them with their logo on the player's apparel, etc. >>
Boo - oh yes, you're right after rereading it...these two did front the full 10K.
<< <i>
<< <i>"Cada will have to split the pot, though: He needed a professional backer to get into the World Series event he just won. It's common practice in the poker community to get an investor to put up the buy-in fee for a tournament for a share of the winnings. In exchange for fronting Cada the $10,000 entrance fee, Eric Haber and Cliff Josephy will get half of his winnings. "
The story says he has made just shy of $3,000,000 in the last few years. Why in the hell would he need a "backer" for a measley 10g? Im the kind of person that needs a backer, not a multi millionaire poker pro!! Anyone else find this to be VERY odd? >>
That 3 mil could be gross, not net, in which case the picture becomes much clearer. Or, he could just be allergic to money. All you need is one leak, like the dice pits for example, and you can blow through seven figures a year. It sounds gross, but it's not really that hard to do. >>
Could be the "Stu Ungar" syndrome whereby Ungar, if ya know the story, basically had a license to print money playing gin rummy and poker with his talent and photographic memory, yet gambled all his money away on sports betting as well as drugs.
<< <i>
<< <i>
<< <i>"Cada will have to split the pot, though: He needed a professional backer to get into the World Series event he just won. It's common practice in the poker community to get an investor to put up the buy-in fee for a tournament for a share of the winnings. In exchange for fronting Cada the $10,000 entrance fee, Eric Haber and Cliff Josephy will get half of his winnings. "
The story says he has made just shy of $3,000,000 in the last few years. Why in the hell would he need a "backer" for a measley 10g? Im the kind of person that needs a backer, not a multi millionaire poker pro!! Anyone else find this to be VERY odd? >>
That 3 mil could be gross, not net, in which case the picture becomes much clearer. Or, he could just be allergic to money. All you need is one leak, like the dice pits for example, and you can blow through seven figures a year. It sounds gross, but it's not really that hard to do. >>
Could be the "Stu Ungar" syndrome whereby Ungar, if ya know the story, basically had a license to print money playing gin rummy and poker with his talent and photographic memory, yet gambled all his money away on sports betting as well as drugs. >>
that would be sad indeed if he was another stu. sad story but what a great card player. won like 30 million in his life and died with about 300 in his pocket. i remember watching his last WSOP main event win on espn long ago.
i hope not.
collecting RAW Topps baseball cards 1952 Highs to 1972. looking for collector grade (somewhere between psa 4-7 condition). let me know what you have, I'll take it, I want to finish sets, I must have something you can use for trade.
looking for Topps 71-72 hi's-62-53-54-55-59, I have these sets started
Many poker pros are backed into tourneys. Some pros play dozens of tourneys a year, without any of their own buy-in $$$.
Sure they "split the take", but why not? Sounds like a reasonable arrangement?
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Quicksilver Messenger Service - Smokestack Lightning (Live) 1968
Quicksilver Messenger Service - The Hat (Live) 1971
This is sarcastic for those who do not pick up on that well.
http://sportsfansnews.com/author/andy-fischer/
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<< <i>It always makes me laugh at how gamblers are such notorious liars. LOL
"He has made $551,788 in online tournaments since 2008"
"Cada will have to split the pot, though: He needed a professional backer to get into the World Series event he just won."
He's supposedly making all this online money, yet he had to have a "professional backer" for 5K of the buy-in. LOL
Smart move though on the part of PokerStars - This guy in my opinion, from what he did, sadly will entice and lure more young suckers into playing online poker than did Chris Moneymaker. >>
It's actually worse than that. If you read the article, he had TWO horses, and was 100% backed-- each horse put up 50% of the buy-in. >>
<<< Eric Haber and Cliff Josephy will get half of his winnings. >>>
You follow it a lot closer than me so I'll take your word for it...I read it as these two each get a 25% piece of it for a 50% total.
Of course, whatever is that situation, it's well known that gambling websites often front the buy-ins for "popular" tourney players. If I'm not mistaken, I think one year it was either PS or FT fronted the 10K buy-ins for around 100 players...a million dollars is chump change for them compared to all the publicity generated for them with their logo on the player's apparel, etc. >>
According to a couple of my friends in Vegas, the 'pros' we hear about are each paid roughly $50K a month from the site that sponsors them (Full Tilt, Stars, etc). I'm sure the number varies according to the 'pros' popularity, but I guess that's about an average. On top of that, the online site pays for a predetermined number of tourney buy-ins.
This could all be BS, but I'm just passing on what I heard. And to Rob-- I don't have any problem at all with these arrangements per se, but my feeling is that a) to be considered a 'pro' you should have an established record of winning with your own money, and b) you should be clearly superior to the average 'amateur'. In the case of most of the high profile poker players out there neither of the conditions have been satisfied.
<< <i>
<< <i>
<< <i>
<< <i>It always makes me laugh at how gamblers are such notorious liars. LOL
"He has made $551,788 in online tournaments since 2008"
"Cada will have to split the pot, though: He needed a professional backer to get into the World Series event he just won."
He's supposedly making all this online money, yet he had to have a "professional backer" for 5K of the buy-in. LOL
Smart move though on the part of PokerStars - This guy in my opinion, from what he did, sadly will entice and lure more young suckers into playing online poker than did Chris Moneymaker. >>
It's actually worse than that. If you read the article, he had TWO horses, and was 100% backed-- each horse put up 50% of the buy-in. >>
<<< Eric Haber and Cliff Josephy will get half of his winnings. >>>
You follow it a lot closer than me so I'll take your word for it...I read it as these two each get a 25% piece of it for a 50% total.
Of course, whatever is that situation, it's well known that gambling websites often front the buy-ins for "popular" tourney players. If I'm not mistaken, I think one year it was either PS or FT fronted the 10K buy-ins for around 100 players...a million dollars is chump change for them compared to all the publicity generated for them with their logo on the player's apparel, etc. >>
According to a couple of my friends in Vegas, the 'pros' we hear about are each paid roughly $50K a month from the site that sponsors them (Full Tilt, Stars, etc). I'm sure the number varies according to the 'pros' popularity, but I guess that's about an average. On top of that, the online site pays for a predetermined number of tourney buy-ins.
This could all be BS, but I'm just passing on what I heard. And to Rob-- I don't have any problem at all with these arrangements per se, but my feeling is that a) to be considered a 'pro' you should have an established record of winning with your own money, and b) you should be clearly superior to the average 'amateur'. In the case of most of the high profile poker players out there neither of the conditions have been satisfied. >>
No, I don't think it's BS at all and here's why...a lesser known pro, I forget his name, he isn't a household name, came out about 1 - 2 years ago and stated he was paid $35 an hour to play at a poker website and played rake free with 100% rakeback....certainly under that scenario, for sure he had a positive expectation about winning. Doing some quick math...that $35 an hour, 8 hours a day, 30 days a month comes out to around 8K a month...so it isn't unreasonable at all to see where say a Phil Ivey would be paid 50K a month which is around a half mil a year...which even to a Phil Ivey isn't a bad piece of change.