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So is this old news or what? On the new episode of PokerRoad they briefly spoke about Jamie Gold, when Ali Nejad mentioned how he has went from 8 million to nada. How did this happen?
http://www.pokerroad.com/pokerroad_radio/1-9-09/
" djk123" episode @ 5:15 mark -
Posts: 1,198
Joined: Apr 08Jan 10th, 2009 (1/10/2009 2:45am) in reply to Fletch76
This would come as a shock to you?
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Posts: 24,737
Joined: Jul 06Jan 10th, 2009 (1/10/2009 2:48am) in reply to Fletch76
Yeah, lol @ "How did this happen?".
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andressoprano
whaddya think of my game?
Posts: 5,203
Joined: Jan 07Jan 10th, 2009 (1/10/2009 2:58am) in reply to p0cket00
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Posts: 1,610
Joined: Dec 08Jan 10th, 2009 (1/10/2009 3:12am) in reply to andressoprano
Did he invest all his money with Madoff, or did he lose it all playing poker? Either one would be a easy way to go broke seeing how Jamie played. I have no sympathy for people who cannot manage their money. I will most likely never make 8 mil. in my lifetime, so when people lose all that, I could care less. When people get that kind of coin, they forget the true value of a dollar, and how hard some have to work just to get by.
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Posts: 11,766
Joined: Apr 06Jan 10th, 2009 (1/10/2009 3:16am) in reply to Spiltbongwater
taxes from the win, then he shipped 4.5 of the 12 million to the guy who had half of him....bad stock market...easy to do IMO
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Posts: 1
Joined: Nov 05Jan 10th, 2009 (1/10/2009 5:22am) in reply to Fletch76
He's a scrub and always has been, this is nothing new.
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and how much did he lose playing hsp?
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Posts: 899
Joined: Apr 06Jan 10th, 2009 (1/10/2009 7:36am) in reply to Deuce2High
He lost it because he became his own financial manager as well, though in fairness, many pro's lost their clients boatloads this year.
It's not his fault, but I stand by my claim that he has three copies of chromosome 21. -
Posts: 514
Joined: May 06Jan 10th, 2009 (1/10/2009 10:09am) in reply to Causeus
I love how they rip on the WPT and their tournament players wearing logo's....then you look at the top of the pokerroad web page, to see a WPT advertisement.
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Posts: 616
Joined: May 08Jan 10th, 2009 (1/10/2009 11:31am) in reply to icount52
i doubt he invested much i would say he prob lost most of it playing poker... only time i ever saw him win any money was at that final table when he got hit with the deck... a monkey could play just as good as he did and win as long as he got hit with the deck
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ApesAreFun
Moderator/Euro Donk
Posts: 5,825
Joined: Aug 07Jan 10th, 2009 (1/10/2009 2:29pm) in reply to Adam013085
yeah, this!Originally Posted by Adam013085
i doubt he invested much i would say he prob lost most of it playing poker... only time i ever saw him win any money was at that final table when he got hit with the deck... a monkey could play just as good as he did and win as long as he got hit with the deck
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Posts: 1,951
Joined: Jun 06Jan 10th, 2009 (1/10/2009 3:28pm) in reply to stackinsideways
Ughhh, that high stake poker episode where he lost 300k to Farha with KK vs AA is the excact reason why he has/had no business playing with professional players-hurt me to a watch that.
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Posts: 55
Joined: Oct 07Jan 10th, 2009 (1/10/2009 3:42pm) in reply to Cuthroat187
hurt you to watch? I friggin love it when I see Jamie lose anything
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Posts: 368
Joined: Jul 05Jan 10th, 2009 (1/10/2009 4:07pm) in reply to eeeark1
I would have liked to see Joes face when Ali started to ripp wpt off lolllllllllllllll. Was hilerious doesnt Ali know wpt sponsor pokerroad radio
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Posts: 616
Joined: May 08Jan 10th, 2009 (1/10/2009 4:45pm) in reply to skellir
if i somehow won the amount of money he had i would pay off all my debts....>$20k... invest quite a bit throw some in the bank and continue to play poker... not at super high limits but probably higher than i play now
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Posts: 7,009
Joined: Jan 07Jan 10th, 2009 (1/10/2009 4:58pm) in reply to Adam013085
if the majority of people who win 8 or even 9 figures in the lottery end up broke then how is it a surprise that jamie gold does with "only" 8 million??
http://articles.moneycentral.msn.com...rMillions.aspx
you didn't think gold was smarter than them did you?? -
Posts: 1,049
Joined: Jan 06Jan 10th, 2009 (1/10/2009 5:32pm) in reply to mathclub
Stock market and poker most likely. The market can be brutal the way it eats up money on a downswing and '08 was the worst year for a long time. Plus it seemed like he was way out of his depth on HSP. How you can win that much and not put half of it into the safety of bank accounts or bonds is just beyond me.
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Posts: 109
Joined: Dec 08Jan 15th, 2009 (1/15/2009 2:55am) in reply to 8ROM
Well he paid a little over a third of that to the IRS, and afterwards, donked it off in poker. 5 million isn't that much after you buy a house / car / donk it up in higher stakes then you are prepared to play.
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Posts: 294
Joined: Aug 08Jan 15th, 2009 (1/15/2009 3:11am) in reply to Fletch76
Not sure why there is so much hate on jamie? How jealous are you people wow? The guy won a poker tournament and got a good chunk of change, big deal. He seems like a nice guy on tv and I played blackjack with him a month ago drunk in vegas and he was unbelievably nice and down to earth. Pretty absurd how people are happy about others losing money, especially in a time like this, when so many people are losing their life savings. I am all for the typical joking around but wishing someone to lose their money and be broke is pretty sick, and karma could very well bite you in the ass on that one.
Things I laugh at:
1. 99.9% of people on p5 being worse players then jamie gold
2. people having no clue how the economy has ruined peoples financial status.
3. people excited jamie gold wont be playing high stakes poker (guy is GREAT for the show).
4. Jamie playing like a monkey. He may have acted like a monkey at times but guy simply outplayed people in that wsop event. He got no more lucky then the previous winners. If anything he got least lucky cause he ran people over whole tourney, where past few winners have had to comeback from small stacks winning all ins over and over again.
<3 jamie, win another ME. -
Posts: 1,129
Joined: Feb 08Jan 15th, 2009 (1/15/2009 3:12am) in reply to Fletch76
& obv nobody is jumping the gun to sign him up for a backing deal anytime soon. JQ
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Posts: 2,875
Joined: Aug 05Jan 15th, 2009 (1/15/2009 3:33am) in reply to yay415area
jamie gold is horrible at poker almost no one has a clue how to play anywayOriginally Posted by yay415area
Not sure why there is so much hate on jamie? How jealous are you people wow? The guy won a poker tournament and got a good chunk of change, big deal. He seems like a nice guy on tv and I played blackjack with him a month ago drunk in vegas and he was unbelievably nice and down to earth. Pretty absurd how people are happy about others losing money, especially in a time like this, when so many people are losing their life savings. I am all for the typical joking around but wishing someone to lose their money and be broke is pretty sick, and karma could very well bite you in the ass on that one.
Things I laugh at:
1. 99.9% of people on p5 being worse players then jamie gold
2. people having no clue how the economy has ruined peoples financial status.
3. people excited jamie gold wont be playing high stakes poker (guy is GREAT for the show).
4. Jamie playing like a monkey. He may have acted like a monkey at times but guy simply outplayed people in that wsop event. He got no more lucky then the previous winners. If anything he got least lucky cause he ran people over whole tourney, where past few winners have had to comeback from small stacks winning all ins over and over again.
<3 jamie, win another ME.
he so so bad its sick.
I just want to see a great player win the main event once insetad of uber donk's
I would beat jamie gold out of 8 million in one week -
Posts: 294
Joined: Aug 08Jan 15th, 2009 (1/15/2009 3:47am) in reply to Believer82
I would rather see a normal entertaining person win the main event, not someone who sits on the computer 100 hours a week and has never carried a conversation with another human. Also I am not saying you could not beat him, however u are better then majority of p5, far majority. The hate on him for no reason is what I do not understand, good player or not.
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