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Stupid Poker After Dark comment from Raymer

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  1. Que1620 Que1620 is offline

    Normal, IL
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    Mar 19th, 2008 (3/19/2008 4:53am) in reply to DKLA

    "I once heard Dewey Tomko say that if they had to put up there own money he would take Doyle over tiger or Jack Nicklaus to putt for a million dollars everyday of the week."

    And Tomko would be an idiot for taking that bet.
     
  2. dadukefaruk dadukefaruk is offline

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    Mar 19th, 2008 (3/19/2008 5:30am) in reply to stabbyfoulke

    I WOULD DEFFINETLY PLAY TIGER WOODS STRAIGHT UP FOR ONE MILLION HOLE WHATS THE WORST THAT CAN HAPPEN I LOSE 18 MILLION.....................

    IM CALLING TIGER WOODS OUT LOL

    JUST A FEW STIPULATIONS

    1. I GET TO CHOOSE THE COURSE

    2. WE BOTH HAVE TO DRINK 1 BEER PER HOLE

    3. HE CAN ONLY PLAY WITH 3 CLUBS, WHILE I GET TO USE THE WHOLE SET

    4. AFTER I LOSE HE MUST PLAY ME HEADS UP FOR THE 18 MILLION

    SO IN THE END ID LOSE 36 MILLION
  3. rhcp31 rhcp31 is offline

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    Mar 19th, 2008 (3/19/2008 6:16am) in reply to stabbyfoulke

    whot he f are you to say what greg raymer can and cant do...he may well have the money to do it.....u have no idea re his finances...who is to say he didnt invest in google or similar stocks in 2004???? douche...
  4. stabbyfoulke stabbyfoulke is offline

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    Mar 19th, 2008 (3/19/2008 6:58am) in reply to AGame18

    Way to go Agame18!!!!!!!!!!!!!!!!!!!!!!!!!!

    clearly you are perceptive.
    Thread Starter
  5. wackyJaxon wackyJaxon is offline Admin X

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    Mar 19th, 2008 (3/19/2008 7:03am) in reply to stabbyfoulke

    Question, how much do 2 equally skilled players each have to have to play 72 holes of $1M? Tiger could afford assuming there is an equal to Tiger or if match was properly handicapped.

    Stabby, I agree some successful poker players gamble a significant amount of their bankroll on games that can lead them into further chasing and going broke. I believe this is the general point you were making, regardless of the example used and the accuracy or lack there of concerning Raymer's "claims."
      1 
  6. stabbyfoulke stabbyfoulke is offline

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    Mar 19th, 2008 (3/19/2008 7:06am) in reply to rhcp31

    Greg Raymer has nowhere near enough money to rationally risk a million dollars a hole in golf. Whatever he invested in in 2004 the chance his net worth is even approaching something where he could risk that much, is ludicrous. He certainly could have been joking or he and Gavin have no intention of paying it off anytime soon, but no matter how many of you 18-22 yr olds go ballistic about my post, nothing changes the economic reality that no sane person would risk that big a % of their net worth for each of 18 golf holes. Although I certainly have no inside knowlege, if Raymer lost 8 holes and tied 10 holes, I think he certainly would be bankrupt.
    Thread Starter
  7. HK_MP5N HK_MP5N is offline

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    Mar 19th, 2008 (3/19/2008 7:41am) in reply to stabbyfoulke

    You lost me at:
    Even Tiger Woods couldn't afford to play golf for a million a hole.
  8. stabbyfoulke stabbyfoulke is offline

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    Mar 19th, 2008 (3/19/2008 8:13am) in reply to wackyJaxon

    I suppose my point was directed at financially responsible adults, which represent about .001% of pocketfives members, so my own fault for posting this here.
    Thread Starter
  9. Pengoreagle Pengoreagle is offline

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    Mar 19th, 2008 (3/19/2008 8:51am) in reply to NCGreensboro

    The bet was 1 million a hole payable when the losers net worth was over 100 million dollars. By far the best comment came from Joe Hachem awhile later when Raymer brought up the game with Gavin Smith again. Hachem said he didn't believe Raymer and that Raymer wouldn't make a bet like that(not hearing the part about the 100 million net worth). After hearing the whole story hachem says...The only bet you would ever make was a bet that you would some day DIE. I fell off my chair. To me Hachem is saying Raymer is so tight with cash , you would have an easier time getting water up a frogs butt then getting an edge in a bet with Raymer.
  10. jtown1010 jtown1010 is offline

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    Mar 19th, 2008 (3/19/2008 9:03am) in reply to HK_MP5N

    stabbyfoulke,

    How do you know that Greg Raymer didn't inherit a large sum of money, or maybe his family was already loaded. I'm quite confident that you don't know what his personal finances are like, so just stop talking about what he can afford to play, we get it, for the Avg. American one million dollars a hole is a bit steep and you'd need a lot of money to be able to afford that.

    Just out of curiosity, did you think you were making some ground breaking discovery when you were posting that playing golf for a cool million per hole was quite expensive for the loser? I mean I would think that goes without saying, but somehow you made a 3 figure reply thread out of this question.
  11. wackyJaxon wackyJaxon is offline Admin X

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    Mar 19th, 2008 (3/19/2008 9:26am) in reply to jtown1010

    Lets say you have $100k saved up and your golf gambling bankroll you would be comfortable losing is $10k. In this example let say you calculate yourself as a slight favorite (51/49) on HU Golf with a particular opponent. How much would you be willing to bet per hole? I would say max would be $50-$100 if you wanted to avoid "going broke" on the $10k if this was a long range endeavor. If we are talking a once a year thing for 18 holes, I would say you could do a bit more. Thoughts?
      1 
  12. jtown1010 jtown1010 is offline

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    Mar 19th, 2008 (3/19/2008 9:31am) in reply to wackyJaxon

    If I'm a 51/49 fav I'd play for between $1-2K, 50 or 100 bets seems like enough if I have a real edge.

    edit:

    wait do I have 10K or 100K, you confused me.
  13. wackyJaxon wackyJaxon is offline Admin X

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    Mar 19th, 2008 (3/19/2008 9:40am) in reply to jtown1010

    You have $100K, but would be "upset" if you lost more than $10K which I would consider to be my bankroll. For example, my poker bankroll and savings are 2 completely different numbers. I assume your $1k-$2k would mean you wouldn't jump off a bridge if you lost $100K vs $10K.

    50-100 bets on a slight favorite though is benchmark? You can forget bout my confusing example, is 50 enough?
      1 
  14. stabbyfoulke stabbyfoulke is offline

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    Mar 19th, 2008 (3/19/2008 9:40am) in reply to wackyJaxon

    I suppose I am thinking a gambling bankroll is totally separate from total net worth for a successful person. That may be counterintuitive for the average pocket fives reader, whose poker bankroll generally exceeds their actual net worth-debt.
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  15. jtown1010 jtown1010 is offline

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    Mar 19th, 2008 (3/19/2008 9:48am) in reply to wackyJaxon

    IDK it's kinda hard for me to say, I suck at golf and would never gamble on it, but I feel like having an edge isn't gambling at all, so if you theoretically found someone that was worse than me I'd be pretty confident playing them for an amount of money I was comfortable losing, but I wouldn't really know how fast golf-gambling losses can eat into your BR, or what level you should bet at to not risk busto. Now I'm thinking 1% of my BR per hole is too high.....
  16. stabbyfoulke stabbyfoulke is offline

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    Mar 19th, 2008 (3/19/2008 9:53am) in reply to wackyJaxon

    Jaxon, if one agrees with your analysis, that you need 100 big bets to be comfortable with your 10k gambling roll, then you can play golf at 100 dollars a hole.

    So if you are Tiger Woods, to play a million per hole, you need to have $100 million that you are willing to lose in your "gambling roll", which if we go by the 10% theory that you have come up with, means Tiger needs a net worth of over $1 Billion to safely play this game. According to the Forbes 400, Tiger doesnt yet have a billion, so he cannot play in this league. Again we are ignoring the fact in this example that Tiger's edge in golf may be huge, that is not at all the point of my original post, it was simply in regard to the math of % of net worth one would safely risk in gambling.
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  17. jtown1010 jtown1010 is offline

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    Mar 19th, 2008 (3/19/2008 9:56am) in reply to stabbyfoulke

    Are you still trying to apply poker BR concepts to gambling on golf?

    Do you do that in the grocery store too?

    How much $$$ do you need to "safely" purchase a box of Cap'n Crunch?
  18. wackyJaxon wackyJaxon is offline Admin X

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    Mar 19th, 2008 (3/19/2008 10:50am) in reply to jtown1010

    what if there is a golden ticket to visit the cap'n crunch factory? ;)
      1 
  19. skeeze666 skeeze666 is offline

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    Mar 19th, 2008 (3/19/2008 10:51am) in reply to the_snail03

    Tiger Woods is currently listed as having a net worth of approximately 500 million, ftr.
  20. lilOUmikey lilOUmikey is offline

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    Mar 19th, 2008 (3/19/2008 11:13am) in reply to stabbyfoulke

    fuck you all for making me want to golf

    fuck ohio
  21. the_snail03 the_snail03 is offline

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    Mar 19th, 2008 (3/19/2008 11:18am) in reply to lilOUmikey

    i would play ne1 at PRO EVOLUTION SOCCER HU for rollllllllllllllllllllllllllllllllzzzzzzzzzzzzzzzz zz
     
  22. xTEDFORRESTx xTEDFORRESTx is offline

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    Mar 19th, 2008 (3/19/2008 12:01pm) in reply to stabbyfoulke

    You still have not even mentioned STANDARD DEVIATION for a skill game like golf versus a game like poker that does have a large element of luck. If the VARIANCE in golf was ZERO, then you would only need a bankroll that was 1 big bet in size, since you win every time.

    What is the likelyhood of a poor player beating a more skilled player 100 holes in a row in golf? A 100 bet bankroll for golf is probably way over-rolled. In some more high variance forms of poker a 100 bet bankroll is probably way under-rolled.

    Speculation about Bankroll requirements cannot be determined without knowing a games variance. Trying to equate the STANDARD DEVIATION of Texas Hold 'Em on Golf is silly.
  23. jtown1010 jtown1010 is offline

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    Mar 19th, 2008 (3/19/2008 12:06pm) in reply to wackyJaxon

    50% of my roll at least on a 1 in a million shot at the golden ticket I suppose.
  24. wackyJaxon wackyJaxon is offline Admin X

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    Mar 19th, 2008 (3/19/2008 1:03pm) in reply to stabbyfoulke

    I assumed almost everyone had a seperate bankroll from total net worth..
    hmmmm, guess I am offbase..
      1 
  25. salesbeast salesbeast is offline

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    Mar 19th, 2008 (3/19/2008 1:17pm) in reply to stabbyfoulke

    OP your an idiot..DUCY?
  26. TheGarbageMan TheGarbageMan is offline

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    Mar 19th, 2008 (3/19/2008 1:34pm) in reply to Cmoney3

    hahaha

    <3 Cmoney
  27. skinroy skinroy is offline

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    Mar 19th, 2008 (3/19/2008 3:43pm) in reply to stabbyfoulke

    anyone catch what joe hatchem was sayin about the same time something about bustin a player and the player asked to take a picture or somethin and hatchem made a joke maybe about the guy or something.not sure butt curious about what happen
  28. devinmcd11 devinmcd11 is offline

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    Mar 19th, 2008 (3/19/2008 3:55pm) in reply to FullTiltGrinder

    john daly=vinny vihn
  29. Mr. Blonde Mr. Blonde is offline Supreme Moderator

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    Mar 19th, 2008 (3/19/2008 4:17pm) in reply to DARTHTATER

    "you're"

    just sayin meatwad
     
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