Whats Moneymakers situation?
 

played him in $50 HU match on stars for fun cuz i saw him sitting there.

Very nice guy..answered all my quesiotns politely and asked some him self.

was surprised to see him playing at these lower limits so i asked him about his stars sponsership, cuz i thought they pay for all his tourney circuit buyins.

He said he doesnt play the circuit, and doesnt know the next time he will play one or travel.

Maybe his playing the lo limits at stars is a requirement of his deal to put in appearances at those tables, but he was playing 3 tables all $50 buyins or 5/10 limit.

He was also saying that playing those circuit events is very tough...very tough to make it.

i like the guy, hes a good person, but i hope he hasnt hit bottom again, unlike the way they portray him in those commercials driving an aston martin.

Re: Whats Moneymakers situation?
 

Perhaps he's one of the few smart tournament winners that doesn't think he's suddenly qualified to play in the biggest game going.

Re: Whats Moneymakers situation?
 

i think he probably knows he isnt very good. from what i understand he makes a decent amount of $ doing commercials and what not. i'd say he's doing alright.

Re: Whats Moneymakers situation?
 

I doubt he'll ever be broke. Even if he completely runs of out of money from poker he can still go back to being a CPA.

Re: Whats Moneymakers situation?
 

there's no way that playing 50 dollar tourneys is ever going to compare to the amount of money he could make doing just an appearance/endorsement or two a month. he's probably just messing around and having fun.

Re: Whats Moneymakers situation?
 

he's making a ton o' cash off of poker.

duh

Re: Whats Moneymakers situation?
 

Oddly enough, almost all the ME winners recently have been smart money managers who don't waste their winnings gambling - Varkonyi, Moneymaker, Raymer, Hachem, all keep the cash in the vault. Not like the WPT winners...

Re: Whats Moneymakers situation?
 

Moneymaker was never a CPA, he was just an accountant. There is a huge difference because a CPA can make good money, while a regular accountant that hasn't been working in the field for a few years cannot. Moneymaker was just a staff accountant at the time of his win.

I don't know where the idea that he was ever a CPA has come from. You aren't the first person to repeat the statement that he was a CPA at the time of his win. A search of the TN registry for CPAs shows that he was never licensed as a CPA in that state. The only reason that I ever checked was to settle a bet with a friend who had stated that Moneymaker was a CPA at the time of his win.

Re: Whats Moneymakers situation?
 

I think he plays at limits he beleives he can beat and not jump to 200/400 and go broke.

Saw him playing 3/6 Short Handed some days ago.

Fossilman is playing 30/60 Omaha H/L at the moment [img]/images/graemlins/tongue.gif[/img]

Re: Whats Moneymakers situation?
 

I've read posts from others on 2+2 that say he is good enough to make a living playing live and that the fallacy that he actually is rubbish is, well rubbish.

I'm sure as part of his endorsement he has to play X hours online at certain limits, and although I cant be sure I personally believe this is playing with the companys money rather than his own.

Like another poster said he isnt the type of guy to think he is the worlds no.1 poker player. I think this makes him more of a professional poker player than a gambler...which is probably more profitable in the long run!!

Re: Whats Moneymakers situation?
 

[ QUOTE ]
XXXXXX: fossilman when are you coming out with the standard book to milk your publicity
FossilMan: as soon as I quit being lazy and finish it

[/ QUOTE ]

Re: Whats Moneymakers situation?
 

If he was answering all your quetions politely, why didn't you just ask him?

I have a hard time believeing Chris couldn't play the tour full time if he wanted to, and I assume that he prefers to chill out with his family and watch that easy endorsmeent money roll in. Maybe he's less of a gambling addict than most tournament winners.

Re: Whats Moneymakers situation?
 

[ QUOTE ]
Oddly enough, almost all the ME winners recently have been smart money managers who don't waste their winnings gambling - Varkonyi, Moneymaker, Raymer, Hachem, all keep the cash in the vault. Not like the WPT winners...

[/ QUOTE ]For real? Varkonyi still buys in directly to the main events and who knows what other pure gambles he takes (I doubt he's +EV in those). Moneymaker seems like the smartest by not playing much high stakes. I know Hachem has played a fair amount of 25/50 and 50/100 NL (at least) after his win and a year later even. From what I can tell he was a pretty big donator too. I'm not totally sure how much he played, but he did do random gambling with it.

Re: Whats Moneymakers situation?
 

[ QUOTE ]
Varkonyi still buys in directly to the main events and who knows what other pure gambles he takes (I doubt he's +EV in those).

[/ QUOTE ]

Varkonyi hardly ever seems to play anymore. I only see his name in the ME and big AC tournies.

Re: Whats Moneymakers situation?
 

Hachem had a few tournament scores since the main event, and he's freerolled into all the events I'm sure. Varkonyi has some kind of deal with Interpoker, and he definitely doesn't play a full schedule.

I agree that the ME winners from 2002-2005 are about the least likely to go broke of any poker players out there.

Re: Whats Moneymakers situation?
 

[ QUOTE ]
[ QUOTE ]
Varkonyi still buys in directly to the main events and who knows what other pure gambles he takes (I doubt he's +EV in those).

[/ QUOTE ]

Varkonyi hardly ever seems to play anymore. I only see his name in the ME and big AC tournies.

[/ QUOTE ]I know. I was saying he buys directly into the wsop main events which, I consider pretty -ev for how much poker he plays.

Re: Whats Moneymakers situation?
 

[ QUOTE ]
Moneymaker was never a CPA, he was just an accountant. There is a huge difference because a CPA can make good money, while a regular accountant that hasn't been working in the field for a few years cannot. Moneymaker was just a staff accountant at the time of his win.

I don't know where the idea that he was ever a CPA has come from. You aren't the first person to repeat the statement that he was a CPA at the time of his win. A search of the TN registry for CPAs shows that he was never licensed as a CPA in that state. The only reason that I ever checked was to settle a bet with a friend who had stated that Moneymaker was a CPA at the time of his win.

[/ QUOTE ]

OMG!!! Someone said that MoneyMaker was a CPA and he is actually not a CPA??? Jesus. That changes my whole perception of the guy.

What is a "CPA" anyways? Is that like in the accounting world where one goes from being a douchebag to a glorified douchebag?

Re: Whats Moneymakers situation?
 

I doubt any of these guys are going to go broke. They are to smart for that

Re: Whats Moneymakers situation?
 

he has played 200/400 on stars b4

Re: Whats Moneymakers situation?
 

[ QUOTE ]
I assume that he prefers to chill out with his family and watch that easy endorsmeent money roll in

[/ QUOTE ]

MM got divorced not too long ago. I think he's smart for playing out his PS hours at lower limits b/c he knows that he can't beat the bigger games. He luckboxed through the ME, he should just take what is being given to him.

Re: Whats Moneymakers situation?
 

[ QUOTE ]
Moneymaker seems like the smartest by not playing much high stakes.

[/ QUOTE ]
You're right, I had better stop. But do I have to give back the 80K I won at the series playing in those cash games? ;-)

[ QUOTE ]
I know Hachem has played a fair amount of 25/50 and 50/100 NL (at least) after his win and a year later even. From what I can tell he was a pretty big donator too. I'm not totally sure how much he played, but he did do random gambling with it.

[/ QUOTE ]
I played live 25/50 PLO and 50/100 NLH with Joe at the Series in a side game. He toyed with many of us, and won a LOT of money in those games. I doubt Joe is stuck in his side game action for his year as champ, and I know he's well ahead in tournament poker.

Also, not relevant to your post, but to this thread. Chris is a VERY good NLH player, cash games and tourneys. I'm sure he would outperform at least 98% of the players on this board in live games. I've never played with him online except very briefly in one tourney, so I can't speak for his online game.

Later, Greg Raymer (FossilMan)

Re: Whats Moneymakers situation?
 

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Varkonyi still buys in directly to the main events and who knows what other pure gambles he takes (I doubt he's +EV in those).

[/ QUOTE ]

Varkonyi hardly ever seems to play anymore. I only see his name in the ME and big AC tournies.

[/ QUOTE ]I know. I was saying he buys directly into the wsop main events which, I consider pretty -ev for how much poker he plays.

[/ QUOTE ]

i played with varkonyi in a cash game in LA. he was very solid. more aggro than i assumed he would be. played fairly well.

saying he's not +EV in the ME is just ridiculous.

Re: Whats Moneymakers situation?
 

Greg glad you could take time out of your case to post.

Re: Whats Moneymakers situation?
 

Have seen Moneymaker play in the stars 25/50nl a few times and from what i saw he was tearin it up at the time 20k-25k stack.
Have seen him with pretty deep stacks at 100/200,200/400 Limit also, doesn't play the high limits often but when he does he def. holds his own.

Re: Whats Moneymakers situation?
 

[ QUOTE ]
Have seen Moneymaker play in the stars 25/50nl a few times and from what i saw he was tearin it up at the time 20k-25k stack.
Have seen him with pretty deep stacks at 100/200,200/400 Limit also, doesn't play the high limits often but when he does he def. holds his own.

[/ QUOTE ]

Thanx Chris

Re: Whats Moneymakers situation?
 

[ QUOTE ]
doesn't play the high limits often but when he does he def. holds his own.


[/ QUOTE ]

When does this even mean?

Re: Whats Moneymakers situation?
 

[ QUOTE ]
and I know he's well ahead in tournament poker.

[/ QUOTE ]

No kidding, Greg.
I think, that's an understatement of the year [img]/images/graemlins/grin.gif[/img]

Re: Whats Moneymakers situation?
 

You need to get your priorities straight. Moneymaker won the WSOP, has a sponsorship with pokerstars and does a bunch of comercials. I really don't think we should be worried about him hitting rock bottom because he is playing 3 $50 tables, millions of people in the world that don't make that $50 dollars a month.

Re: Whats Moneymakers situation?
 

[ QUOTE ]
[ QUOTE ]
Moneymaker seems like the smartest by not playing much high stakes.

[/ QUOTE ]
You're right, I had better stop. But do I have to give back the 80K I won at the series playing in those cash games? ;-)

[ QUOTE ]
I know Hachem has played a fair amount of 25/50 and 50/100 NL (at least) after his win and a year later even. From what I can tell he was a pretty big donator too. I'm not totally sure how much he played, but he did do random gambling with it.

[/ QUOTE ]
I played live 25/50 PLO and 50/100 NLH with Joe at the Series in a side game. He toyed with many of us, and won a LOT of money in those games. I doubt Joe is stuck in his side game action for his year as champ, and I know he's well ahead in tournament poker.

Also, not relevant to your post, but to this thread. Chris is a VERY good NLH player, cash games and tourneys. I'm sure he would outperform at least 98% of the players on this board in live games. I've never played with him online except very briefly in one tourney, so I can't speak for his online game.

Later, Greg Raymer (FossilMan)

[/ QUOTE ]errr, didn't think through my post too carefully, but I guess it was implied (in my mind, but not in my post) that you were +EV in all games you played hahaha, I should be a little more careful with my posts and say what I mean (which was that I was only thinking about the other 3 guys).

I was more basing it on my limited assumptions about Varkonyi seeing his play and his commentary in the wsop events he was in. That coupled with how little he played, I assumed he wasn't that good. I played a fair amount with Hachem and he was donking it up like no other, however it's obviously possible he was tilting the few different days I played with him. I also heard similar comments from some australians that know him too.

I'll just remove myself from this thread b/c nobody will listen to anything I say anymore.

Re: Whats Moneymakers situation?
 

[ QUOTE ]
[ QUOTE ]
XXXXXX: fossilman when are you coming out with the standard book to milk your publicity
FossilMan: as soon as I quit being lazy and finish it

[/ QUOTE ]

[/ QUOTE ]

How do u not love that guy. el oh el.

Re: Whats Moneymakers situation?
 

[ QUOTE ]
You're right, I had better stop. But do I have to give back the 80K I won at the series playing in those cash games? ;-)

[/ QUOTE ]

Wow! $80K over 3 weeks? That's only $920,000 less than aba made in a month. You are awesome.

I love the wink, too. It shows you are still down with the common man. See you in court.

Re: Whats Moneymakers situation?
 

[ QUOTE ]


Wow! $80K over 3 weeks? That's only $920,000 less than Andy Beal made in an hour. You are awesome.



[/ QUOTE ]

FYP.

Re: Whats Moneymakers situation?
 

The point was that he was not a CPA and therefore could not go back to a good paying job. I was pointing out the fact that this could be proven with some simple research. I never made any statement about him as a person or any of his qualities.

Please crawl back into your hole now with your pointless post.

Re: Whats Moneymakers situation?
 

[ QUOTE ]
[ QUOTE ]
doesn't play the high limits often but when he does he def. holds his own.


[/ QUOTE ]

When does this even mean?

[/ QUOTE ]

wtf?
is english your first language?

Re: Whats Moneymakers situation?
 

[ QUOTE ]
[ QUOTE ]


Wow! $80K over 3 weeks? That's only $920,000 less than Andy Beal made in an hour. You are awesome.



[/ QUOTE ]

FYP.

[/ QUOTE ]

Is he that poker player with a million dollar bankroll?

SAM

Re: Whats Moneymakers situation?
 

[ QUOTE ]
Perhaps he's one of the few smart tournament winners that doesn't think he's suddenly qualified to play in the biggest game going.

[/ QUOTE ]

Ding, Ding, Ding.

I know Chris a little, and he will tell you he doesn't think he is the best tournament player around.

I'm not sure why someone says "I hope he hasn't hit bottom again." He never hit bottom.

On his Late Night Show appearance after he won, he said 2 things. One, Dave asked him when did he know he was one of the best players in the world, Chris "I'll let you know when I think that." Second, Dave asked him if he was going to be a fulltime pro, Chris said "No."

Does anyone know how expensive it is to play the circuit? It's very expense and it would be very stupid for Chris to play every WPT event.

Chris is a nice guy, just making a living through sponsorship deals. He plays poker for fun, just like he did before he won the WSOP. Nothing wrong with that.

Re: Whats Moneymakers situation?
 

[ QUOTE ]
The point was that he was not a CPA and therefore could not go back to a good paying job. I was pointing out the fact that this could be proven with some simple research. I never made any statement about him as a person or any of his qualities.

Please crawl back into your hole now with your pointless post.

[/ QUOTE ]

So you don't think Chris was making decent money as an "accountant"? Apparently you don't know how it works. Let me explain. I use to work for Arthur Andersen, then another firm after that. I also went to high school and college with Money.

When Arthur Andersen (or any other firm like Chris worked for) hires someone out of school, that person is not a CPA. That person still makes good money. It takes several years to get your CPA license. Some people do it faster than others, but the min is 2 years.

You know how much more a CPA vs a non-cpa at a big 4 accounting firm makes? ZERO. You know how much of a bonus you get for passing the CPA exam? About $1,000.

So my point is the your point about him not being able to go back to a "good paying job" because he's not a CPA is ignorant, quite frankly. You obviously don't know what you're talking about. You obviously don't know the business at all. Price Waterhouse would hire Chris tomorrow if he wanted to work there.

You can now climb back in your completely uniformed hole.

As you can tell, smartasses that come on the board and act like they know what they're talking about when they OBVIOUSLY don't, pisses me off.

Re: Whats Moneymakers situation?
 

[ QUOTE ]
[ QUOTE ]
The point was that he was not a CPA and therefore could not go back to a good paying job. I was pointing out the fact that this could be proven with some simple research. I never made any statement about him as a person or any of his qualities.

Please crawl back into your hole now with your pointless post.

[/ QUOTE ]

So you don't think Chris was making decent money as an "accountant"? Apparently you don't know how it works. Let me explain. I use to work for Arthur Andersen, then another firm after that. I also went to high school and college with Money.

When Arthur Andersen (or any other firm like Chris worked for) hires someone out of school, that person is not a CPA. That person still makes good money. It takes several years to get your CPA license. Some people do it faster than others, but the min is 2 years.

You know how much more a CPA vs a non-cpa at a big 4 accounting firm makes? ZERO. You know how much of a bonus you get for passing the CPA exam? About $1,000.

So my point is the your point about him not being able to go back to a "good paying job" because he's not a CPA is ignorant, quite frankly. You obviously don't know what you're talking about. You obviously don't know the business at all. Price Waterhouse would hire Chris tomorrow if he wanted to work there.

You can now climb back in your completely uniformed hole.

As you can tell, smartasses that come on the board and act like they know what they're talking about when they OBVIOUSLY don't, pisses me off.

[/ QUOTE ]

pwned

Re: Whats Moneymakers situation?
 

[ QUOTE ]
Wow! $80K over 3 weeks? That's only $920,000 less than aba made in a month.

[/ QUOTE ]
Who?


[ QUOTE ]
You are awesome.

[/ QUOTE ]
Thanks!


Later, Greg Raymer (FossilMan)

Re: Whats Moneymakers situation?
 

I am much more informed than you know. You should do a little bit of research on the poster before you make ignorant claims. I live in the house of the informed on this topic. It is well known on these boards that I am a CPA and have been responding as such from my first post here.

My pay raise when I got licensed was $2500 and that was almost 6 years ago. At the end of that year, I was also promoted, solely on the basis of attaining my license, which is also the industry standard in my area. I can also guaranty you that I made more money than the non-CPAs at my level of the firm, since we do talk about those things.

I didn't say that he couldn't get a job at a Big 4 firm because they will take anybody with a degree at this point since all accounting firms are desperate for bodies. However, I stand by my claim that PWC would pay me substantially more than they would pay Moneymaker.

Please feel free to correct my "uniformed" opinion of the industry in which I work.

Some additional facts for you: the CPA license can be acquired after 1 year of audit work. It took me 1.5 years to have all of my time percentages work. The 1 year requirement requires a 5 year degree in NY. Some states required only the exam to be passed as recently as 10 years ago, but most have added the 5 years of education requirement, in addition to service requirements.

Let me know if you would like some additional lessons in how the accounting profession works today. Also, feel free to check my posts on taxation for accuracy, since you seem to know so much.