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So everyone remembers there first 4,5,or 6+ figure scores, the first "huge" pot you won or the long winning streak you hit. For some people losing $10 is huge, maybe $300, or others its $10,000 or higher and anywhere in between depending on BR and mind set. For guys like Tom and Phil its obvious losing a few hundread thousand or a few million is like the common man losing $50 bucks. When is enough, enough? The guys lose and win more money in one pot than a lot of people make in a year (30,40,50,100k pots). So where does it end, when they become dead broke? I mean i love watching these guys go back and forth with various players but when you have a few million its kinda doesnt matter anymore. Its like when you won a few tornys for a couple hundread after awhile it didnt matter, then 4 fig scores didnt matter, and $500+ pots didnt get you excited anymore because you get use to the amount won and lost. These guys need to play huge, so how huge could it go before these guys are all broke. I mean one bad run and a few million later you could have as much money as the average joe. Couldn't they relax at some point since at this moment or at one moment are/were multi millionaires?
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lol not at all just curious on what everyone thinks. I heard Ivey was in the hole 3-6 million a few years ago and still played high stakes due to various backers ect...
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To some the lifestyle is how they want to be.. I think Phil will always be an action junky, prop bets and other things help keep the mundane fun.. At some point, they may strive for a break, but don't think its determined based on $X more on if they just don't feel like leading the life..
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yah ivey is big time in the hole. im pretty sure he's down like 15 million and his backers won't let him quit. my friends cousins husband who used to play in AC alot in the "no home jerome" days told me that he really wants to be a ballerina and if he won the main event last year was going to be out of makeup completely and he was going to pursue his dream.
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i LOL'D
Originally Posted by Slingtownorbust
yah ivey is big time in the hole. im pretty sure he's down like 15 million and his backers won't let him quit. my friends cousins husband who used to play in AC alot in the "no home jerome" days told me that he really wants to be a ballerina and if he won the main event last year was going to be out of makeup completely and he was going to pursue his dream.
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He owns a part of FTP. He makes ridiculous money from sponsorships, not to mention he can crush the nosebleeds, let alone 25/50. No clue why people always have a tendency to think the famous top poker players go broke all the time.
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lol its a fact two good friends of mine use to play in AC/Vegas/Foxwoods everyday all day for 5 years. They can name atleast 3-5 top pros in the hole for millions at one point or another
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Highly motivated, highly competitive.
Do the top athletes and professionals STOP ? Does Kobe stop playing after winning numerous titles? Does Warren Buffet stop investing after making billions and billions over the years? Obv becomes more than the $ after a certain point and if you don't have this mindset you will never be the best... -
You don't think they're addicted to the action at this point?
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post of the phillenium
Originally Posted by Slingtownorbust
yah ivey is big time in the hole. im pretty sure he's down like 15 million and his backers won't let him quit. my friends cousins husband who used to play in AC alot in the "no home jerome" days told me that he really wants to be a ballerina and if he won the main event last year was going to be out of makeup completely and he was going to pursue his dream.
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Originally Posted by VitoRoma
So everyone remembers there first 4,5,or 6+ figure scores, the first "huge" pot you won or the long winning streak you hit. For some people losing $10 is huge, maybe $300, or others its $10,000 or higher and anywhere in between depending on BR and mind set. For guys like Tom and Phil its obvious losing a few hundread thousand or a few million is like the common man losing $50 bucks. When is enough, enough? The guys lose and win more money in one pot than a lot of people make in a year (30,40,50,100k pots). So where does it end, when they become dead broke? I mean i love watching these guys go back and forth with various players but when you have a few million its kinda doesnt matter anymore. Its like when you won a few tornys for a couple hundread after awhile it didnt matter, then 4 fig scores didnt matter, and $500+ pots didnt get you excited anymore because you get use to the amount won and lost. These guys need to play huge, so how huge could it go before these guys are all broke. I mean one bad run and a few million later you could have as much money as the average joe. Couldn't they relax at some point since at this moment or at one moment are/were multi millionaires?
Originally Posted by VitoRoma
lol its a fact two good friends of mine use to play in AC/Vegas/Foxwoods everyday all day for 5 years. They can name atleast 3-5 top pros in the hole for millions at one point or another
Well if they said that it's probably true. I'm sure their word is good -
probably the same reason MJ didn't quit playing basketball once he had a million dollars
dumb thread -
I've actually kind of wondered this myself at times. When you have a -3mil session, then a +5mil session, then another +3mil session, then a -10mil session....I mean, what is the point? Are you buying things with your +5mil session, then like "well hell, I lost a couple mil in that session". It's like the equivalent of the 1/2 player winning and losing $600-$800 at a time. It's all relative, but when the dollar figures get that big, what else is there?
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Phil in make up? From who? Doesnt FTP pay basicly every entry in to any tourney he wants?
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its no longer about the $ so to speak. the $ is only how they keep score... and as long as the two of them have a stake in Full Tilt it will be VERY hard to be deadbroke!
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Originally Posted by VitoRoma
lol its a fact two good friends of mine use to play in AC/Vegas/Foxwoods everyday all day for 5 years. They can name atleast 3-5 top pros in the hole for millions at one point or another
i know a lot of people that have 'friends' that 'play every day' and 'know (insert big name pro)'...but when it comes down to it, most of these people don't actually know anyone, and have literally 0 clue what they're talking about
Gags30 is an instructor at PocketFives Training . To get more of his advice and to watch his training videos, click here.
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i really dont think its about "money" to ivey anymore! ivey can be compared to jordan, tiger, gretzky, when those guys get to a certain point when they win sooo much its more about legecy! they want to be looked at as #1 not just a guy who won alot of money, im sure hes set for life, with NO worries!
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Whatever gets the adrenaline going for them and they do what they love. If they are smart, they will never go broke unless they take a crazy ass shot and run bad long enough to go broke...then you know what? they borrow and start out again, and get up there within days/weeks. Gotta keep the blood flowing and the heart pumpin. If it isn't, you aren't doing it right.
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this is like telling lebron and kobe to stop playing after 2 years, they make about 20 mil a yr, on top of that the millions they make of nike, its all bout gettin the $$$$
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it's not about the money for them...it's the rush.
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lol at the idiots comparing a poker Bankroll to an NBA contract... obv NBA players dont risk losing money by playing more years... you fail
this is a decent question and lots of players deal with the same exact scenario just with less money... if the thrill of the bigger games over-ride your BR management skills and you end up chasing money durring a shit-streak its not hard to go broke... alot of good poker players do it all the time
considering the fact that they are well known pros who can make a few mill just by picking up a pen and signing a contract... writing a book... or start coaching or doing other apperances and the fact that it shouldnt be hard for them to find a backer... Id say the lifestyle they live is rather secure -
millionaires and billionaires dont get where they are at w/ an attitude like the OP. all these pple say all i wanna do is get $Xmillion and retire for life never get there b/c they are genuinely lazy and lack the motivation to ever get there. maybe they still have goals in poker they still are looking to accomplish.
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lol at the idiots comparing a poker Bankroll to an NBA contract... obv NBA players dont risk losing money by playing more years... you fail
Edited By: Ugotdonedirty Aug 28th, 2010 at 12:53 AM
yea becuase professional athletes dont go broke by buying cars, clothes, houses, jewerly, even in the pros you need bankroll management or you could go broke -
It's pretty obvious that it's not about the money anymore for them, it's about the thrill and the lifestyle. I think you failed to mention something in this thread OP, which is: with all that money, shouldn't they seek another new thrill in life instead of be sitting around poker tables playing cards still?
I can't speak for myself entirely because I'm not a multi-millionaire poker pro. But if I was, I'd want to try something new. How about being on the golf course every day and become so good at it that I can get a license to become a teaching pro? It wouldn't be about the money, it would be about the accomplishment. Or, how about developing your non-poker talents? For me it would be drawing and photography. I'd be on it all the time, creating a collection of art and decorate my home with it. Or even go to Africa and lend my time to the poor. The possibilities are endless when you are set for life financially.
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