How many of the amateurs at the WSOP are wealthy?

[betgo]

I see several obviously wealthy amateurs in the final 3 tables. In the old days, I understand that most of the amateur player had a lot of money to throw around on this sort of thing. I played in a $1K entry $1M guarenteed where the final table was played live, and there were some fairly wealthy businessmen among the finalists. I wonder if, even with satellites, a lot of the amateur players are people who have money to blow on fnatasy camp.

[Kneel B4 Zod]

there are certainly a % of wealthy guys who buy directly for the fun of it.

another success factor: the guys who care the least about the money can play a bit more liberally, take more chances, etc.

I know for a fact that Einhorn has targeted the people who he reads as being skittish about losing chips and just want to hang on for dear life to the next pay slot. he's playing for charity, but playing to win...and if he donates $6m instead of $4m oh well

[WSOPChump]

i think the WSOP has probably 3 components
1. professional players
2. satellite qualifiers
3. wealthy guys playing for the hell of it.

i think the most dead money is likely in the 3rd group. maybe this is like 15 percent of the field (i guess you can lump in semi wealthy guys just playing for the hell of it.

[betgo]

[ QUOTE ]
i think the WSOP has probably 3 components
1. professional players
2. satellite qualifiers
3. wealthy guys playing for the hell of it.

i think the most dead money is likely in the 3rd group. maybe this is like 15 percent of the field (i guess you can lump in semi wealthy guys just playing for the hell of it.

[/ QUOTE ]

I think some of 2. are also 1. or 3.

[jedi]

If you can afford to go play a card game and gamble at these stakes for any period of time, you're "wealthy" compared to most people in the world.

[N 82 50 24]

[ QUOTE ]
If you can afford to go play a card game and gamble at these stakes for any period of time, you're "wealthy" compared to most people in the world.

[/ QUOTE ]
lol, if you can afford a computer and internet service as a peripheral device in your life then you're wealthy compared to most people

[kickpushcoast]

[ QUOTE ]
[ QUOTE ]
If you can afford to go play a card game and gamble at these stakes for any period of time, you're "wealthy" compared to most people in the world.

[/ QUOTE ]
lol, if you can afford a computer and internet service as a peripheral device in your life then you're wealthy compared to most people

[/ QUOTE ]

if you have clean, running water and electricity you re doing better than at least 2/3 of the world

[NickMPK]

[ QUOTE ]
i think the WSOP has probably 3 components
1. professional players
2. satellite qualifiers
3. wealthy guys playing for the hell of it.

i think the most dead money is likely in the 3rd group. maybe this is like 15 percent of the field (i guess you can lump in semi wealthy guys just playing for the hell of it.

[/ QUOTE ]

I don't think group 3 accounts for more than 5 percent of the field. The group was probably a much larger % before the flood of internet qualifiers.

[AquaSwing]

[ QUOTE ]
[ QUOTE ]
i think the WSOP has probably 3 components
1. professional players
2. satellite qualifiers
3. wealthy guys playing for the hell of it.

i think the most dead money is likely in the 3rd group. maybe this is like 15 percent of the field (i guess you can lump in semi wealthy guys just playing for the hell of it.

[/ QUOTE ]

I don't think group 3 accounts for more than 5 percent of the field. The group was probably a much larger % before the flood of internet qualifiers.

[/ QUOTE ]

My boss has a rich buddy who went out and entered for the hell of it. He made it through 1A with a decent stack and ended up just making the money. He is a gambler and says he would have had to make it to the top 50 to break even for the losses he suffered waiting for day 2!

-AS

[Quicksilvre]

This sounds right.

Also, with the wealthy and the healthy threads, I hope someone has one asking how many amateurs at the WSOP are wise.