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The Well: Mig.com
mig.com (United States) 681 Posts. Joined 02-17-2006.
12-23-2008 12:37 AM

 I dont post a huge amount of p5s but I do browse the forums quite often so I figured I would give some content back and do a Well like assassinato.

For those that dont know what a well is I stole the explanation assassinato used.

A stranger is being shown around a village that he has just become part of. He is shown a well and his guide says "On any day except Tuesday, you can shout any question down that well and you'll be told the answer." The man seems pretty impressed, and so he shouts down, "Why not on Tuesday?" A voice from in the well shouts back, "Because on Tuesday, it's your day in the well."

So yeah, essentially, in this thread, I'll answer any question you have about playing professionally, the game, myself, or any random question you have that might not even to do with poker.

For those that dont know who iam I started playing poker about 5 years ago when I first went to college. I was going to college as a premed with the goal of becoming a doctor. I initially deposited 50$ twice on party poker I lost the first deposit in about 10 minutes, the 2nd deposit I lost over the course of about a month. After that I deposited 75$ on pokerstars and never had to deposit again.

I started out grinding cash games and using my profits to buy into tournaments. Then whenever I had a decent tourney score I would jump up limits. I did this until I reached 5/10 when I decided I liked mtts more and I would play them full time. 

Towards the end of my sophomore year I was contemplating trying to play fulltime. So I decided that summer I would play full time and depending on how I did I would decide whether to go back to school or play poker professionally. I ran very well that summer and ended up making around 150k so after that I dropped out of school and have been playing professionally ever since.

Once I went pro I grinded online for about a year until the wsop. I had a built up a decent sized bankroll but I wasnt really comfortable potentially losing 60k+ over just a few tournaments. So I worked out a backing deal with my friends ryan daut, who had just won pca for 1.5m, and victor goossens, a dutch cashgame player. During the wsop I won the 5k nl event for 730k which I got half of. With that money I decided I had enough to go on my own. Shortly after the wsop I was lucky enough to win the 1k wcoop for 580k. With that money I decided to go into backing with daut and victor. 

Since then my online volume has decreased a lot and I have spent a lot more time playing live and focusing on the backing which has grown a ton over the last year. 

So anyway if people have any questions about backing/poker, etc I will try to answer. However I wont answer certain things about the players we back such as who they are, what % they have, etc. But general questions about our backing is fine. 

 
 
 

TwystedPair (United States) 1,364 Posts. Joined 05-30-2007.
12-23-2008 12:43 AM - In reply to

What are the most important things you look for when finding stakees?  Do you look for them or do they find you??

pokerpoker69 (Canada) 762 Posts. Joined 08-09-2008.
12-23-2008 12:44 AM - In reply to

lol sc nice delete loll but agreed


Goodburger (United States) 493 Posts. Joined 12-16-2006.
12-23-2008 12:45 AM - In reply to

Is bankroll management something you used vigorously and hated sticking to, or something that just came naturally?  I only play low stakes/SNGs, but I suck at not cashing out to buy something nice (TV, golf clubs, trips).

And for someone who HATES/SUCKS at bankroll management, do you have any suggestions on how to best go about it, or is it just about discipline?

TheVillageGrinder (United States) 1,411 Posts. Joined 09-08-2007.
12-23-2008 12:47 AM - In reply to

TwystedPair: 
What are the most important things you look for when finding stakees?  Do you look for them or do they find you??

This, plus, you said that backing has become huge over the last year.  I'm assuming that is because the gap between the top mtt'ers and the those rly doing well in mid to the lower end of the high stakes is narrowing.  And backing these players to play at the highest levels makes sense if they haven't accumulated the proper bankroll to go it alone yet.  Would you agree? 

adamsapple19 (United States) 687 Posts. Joined 11-12-2008.
12-23-2008 12:51 AM - In reply to

When backing someone is there something specific about their numbers you are looking for or something specific about their play?

Overall what (in your opinion) defines a good stakee candidate?


Iplaythabored (United States) 967 Posts. Joined 01-03-2008.
12-23-2008 12:51 AM - In reply to

What has helped you with your game the most?


ggIFyouCALL (United States) 325 Posts. Joined 08-08-2007.
12-23-2008 12:53 AM - In reply to

do you feel like people are so hush hush about horses and backing operations because they're huge tax cheats and the feds will come get them soon?


mhoddi (Brazil) 10,631 Posts. Joined 02-15-2005.
12-23-2008 12:58 AM - In reply to

what shade do you dye your hair? 


mig.com (United States) 681 Posts. Joined 02-17-2006.
12-23-2008 1:00 AM - In reply to

TwystedPair: 
What are the most important things you look for when finding stakees?  Do you look for them or do they find you??


Mainly anymore we look for people we know very well, people that are trustworthy and mentally stable along with being skilled players. Being mentally stable and someone we can rely on not to flip out if they go on a downswing is very important.

And generally most of our guys have came to us.



mhoddi (Brazil) 10,631 Posts. Joined 02-15-2005.
12-23-2008 1:02 AM - In reply to

is martine still backed by you guys despite three different 600K+ scores in like 13 live events or whatever it is?

obv you went ahead with it, but what were your initial thoughts/concerns with backing sorel in the wsope and tourns you had his action in before that ?


mig.com (United States) 681 Posts. Joined 02-17-2006.
12-23-2008 1:04 AM - In reply to

Goodburger: 
Is bankroll management something you used vigorously and hated sticking to, or something that just came naturally?  I only play low stakes/SNGs, but I suck at not cashing out to buy something nice (TV, golf clubs, trips).

And for someone who HATES bankroll management, do you have any suggestions on how to best go about it, or is it just about discipline?


I had kind of poor br management when I first started but overtime it sort of just became 2nd nature. I dont really know any specific tips that would help with it I never really had too much trouble I would say its just mainly about self discipline.

whitemonkey1 (United States) 611 Posts. Joined 10-29-2007.
12-23-2008 1:07 AM - In reply to

whats the deal with the "mig.com" sn?


BillMueller (United States) 14,037 Posts. Joined 05-26-2006.
12-23-2008 1:08 AM - In reply to

is being a sexy red head, or "ginger kid" as your people are sometimes called, a blessing or a curse? (When answering this please seperate your professional and personal lives)


mig.com (United States) 681 Posts. Joined 02-17-2006.
12-23-2008 1:09 AM - In reply to

TheVillageGrinder: 
This, plus, you said that backing has become huge over the last year.  I'm assuming that is because the gap between the top mtt'ers and the those rly doing well in mid to the lower end of the high stakes is narrowing.  And backing these players to play at the highest levels makes sense if they haven't accumulated the proper bankroll to go it alone yet.  Would you agree? 


Well a big part of why we have been expanding is just as we have been making more money so we have been able to more safely add additional players without risking too much of our net worth.

I would definitely agree tho that the gap between mid level regs and the top regs has definitely decreased and I would expect it to continue decreasing.
 
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