Re: Which online superstars have gone busto recently?
I don't know how new it is. But there's a book I was paging through at Borders today called 'All-in - The history of the WSOP".
Pretty interesting stuff.
Some of the stories about Stu Ungar and others winning hundreds of thousands or million or whatever and then being flat-broke or in debt within a week or so are pretty incredible.
I didn't buy it...but I intend to when it comes out in paper-back (because I'm a cheap bastard who wants to save $10) . What I read of it was extremely interesting bordering on fascinating imo.
I too find it incredible how these guys can go broke.
They have hundreds of thousands of dollars yet they are almost guaranteed to go broke because of their various vices and poor money-management habits.
Doesn't matter how good they are at poker...their chances of going broke are extremely high.
In the meanwhile, I'm a really mediocre poker player...and my chances of EVER going broke are much much smaller.
I just value the freedom of online-poker too much to let it happen.
i also value the freedom one has when they can pay their own rent and don't have to beg friends/family for money/loans/staking-deals/whatever.
Seriously....I think it's pretty messed up to have an entire $500k (or more, or whatever) bankroll and still find a way to go completely broke.
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