Out of the 2p2ers who make 1 mil in the next 18 months
 

How many of them would you expect to be more or less flat out broke in 10 years time? Say 50 2p2ers, who have been playing for a couple of years make a mil in the next 18 months, which is probably not a ridiculous number -- I'm curious as to what will happen to them. There are lots of stories of people who win loads then go broke ASAP, and Id be interested in your guesses as to what will happen to these guys.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

35ish

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

most of them are college educated guys with a lot of sense so maybe only a couple of them if that will end up broke. some might end up in other professions though.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

most of them seem pretty smart.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

This is not like winnign the lottery
this group of people have:
1) over 120 IQ
2) obviously at least reasonable money-management skills (to not have gone broke already, and be able to acumulate a mil)

so i guess 99% will not be broke
make there are 1 or 2 exceptions

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

eleventeen..

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

BARONZEUS

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

0-1

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

A retard can make 100k. It doesn't seem likely that many people smart enough to make a million would lose it.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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A retard can make 100k. It doesn't seem likely that many people smart enough to make a million would lose it.

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Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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BARONZEUS

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Good call.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

I think at least half will end up dropping most of it to one or more of:
Not adjusting to changing games
Frivalous spending despite games drying up
Bad investments
Unfortunate run ins with the IRS
Bad luck
Playing above their bankroll
Tilt
Real life emergencies

I think that a fair percentage of the people who join this millionairs club will be marginal players who run really hot. With the increased size of the big games now, $1M is nowhere near as hard to reach by running hot as it was when the biggest game you could find was 10/25 or 25/50 NL.

There is a pretty wide range of personalities of the big winners on these boards. I think you will see an equally wide range of choices and outcomes these people make.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

if i make a million in the next 18 months it is a virtual lock that i will go busto at least once in the following ten years

good thing i probably won't make anywhere close to a mil!

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

yea i think it's more than this thread is making out. sure these people are smart guys but we are all riding a rising wave at the moment, when the games get tougher or they enter more efficient market some are going to lose lots. there's always a higher game. i still don't think it's that high of a number though.

say about 12%.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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BARONZEUS

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Good call.

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i would estimate my chances of going broke within the next ten years to be somewhere between 0% and 5%. even if i somehow go crazy and bust my poker roll, i'll still have a good college degree to fall back on (computer science at stanford), so i think i'll be ok.


edit: i personally think the most likely people to go broke are PLO players.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

Jay,

I think most of the losses will come in the form of life choices, like buying expensive toys that don't retain their value vice making investments. There seems to be a trend in poker players to buy property, though, so maybe I am too bleak. I think 12% is where I would put the lose most back to poker line. There are some people who post here who I would be shocked to see lose a lot of what they won in any way shape or form, but they are definitley in the minority. Most I could see taking a big hit at (variance and tilt mainly) or away from the tables.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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BARONZEUS

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Good call.

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i would estimate my chances of going broke within the next ten years to be somewhere between 0% and 5%. even if i somehow go crazy and bust my poker roll, i'll still have a good college degree to fall back on (computer science at stanford), so i think i'll be ok.


edit: i personally think the most likely people to go broke are PLO players.

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this was a terrible 7777th post.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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BARONZEUS

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Good call.

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i would estimate my chances of going broke within the next ten years to be somewhere between 0% and 5%. even if i somehow go crazy and bust my poker roll, i'll still have a good college degree to fall back on (computer science at stanford), so i think i'll be ok.


edit: i personally think the most likely people to go broke are PLO players.

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this was a terrible 7777th post.

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i'm no longer really a poster on this site...i just did a search for my name and got yet another "busto" thread.


it's funny that the haters have been saying i'll be bust ever since my first "hot" run back in september of last year (seriously...if someone is good at searching, you can find tons of people who since that time have predicted that i will be busto within 3, 6, 9, 12 months, etc. so far it's been 12 months and im still nowhere near busto. awesome.)

good times. have fun everyone

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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BARONZEUS

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Good call.

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i would estimate my chances of going broke within the next ten years to be somewhere between 0% and 5%. even if i somehow go crazy and bust my poker roll, i'll still have a good college degree to fall back on (computer science at stanford), so i think i'll be ok.


edit: i personally think the most likely people to go broke are PLO players.

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Do you think you'll get a job right out of college? You're still 2-3 years from a degree right?

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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BARONZEUS

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Good call.

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i would estimate my chances of going broke within the next ten years to be somewhere between 0% and 5%. even if i somehow go crazy and bust my poker roll, i'll still have a good college degree to fall back on (computer science at stanford), so i think i'll be ok.


edit: i personally think the most likely people to go broke are PLO players.

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Do you think you'll get a job right out of college? You're still 2-3 years from a degree right?

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almost definitely.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

They're all gonna get Boooooooosted! [img]/images/graemlins/grin.gif[/img]

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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A retard can make 100k. It doesn't seem likely that many people smart enough to make a million would lose it.

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http://www.11alive.com/news/news_art...?storyid=43877

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

That is a really bad example.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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That is a really bad example.

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http://luminomagazine.com/2004.03/sp...s/tom/tom4.jpg
The guy made a million dollars.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

the only ones i can even consider to be going busto are the ones who dont invest some of their winnings in other business/stocks/etc etc

if hiv made a million id see him being broke within a month

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

out of 50?

4.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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out of 50?

4.

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That's a pretty nasty ratio. Are most 2p2er's money management skills truly that bad?

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

i doubt 50 2+2ers are going to make a million next 18 months. But for those who do, Id be surprised if more than 10% lose it in 10 years. Some will of course play big and run bad.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

Ugh. A lot of not too bright 2p2er's around here then.

Well. If you get that roll and don't diversify, all you are is a degenerate. And you'll be forever battling variance and RoR.

And that's just [censored] horrible.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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the only ones i can even consider to be going busto are the ones who do invest a lot of their winnings in other business/stocks/etc etc


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Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

many have said this on 2+2. they all get lock-jaw when called on it. plese tell us how a retarded person, or one of very low intelligence can make 100k playing on-line poker.....................b

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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many have said this on 2+2. they all get lock-jaw when called on it. plese tell us how a retarded person, or one of very low intelligence can make 100k playing on-line poker.....................b

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donkament?

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

Standard.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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many have said this on 2+2. they all get lock-jaw when called on it. plese tell us how a retarded person, or one of very low intelligence can make 100k playing on-line poker.....................b

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because 100k is 500 big bets at 100/200. any more questions?

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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many have said this on 2+2. they all get lock-jaw when called on it. plese tell us how a retarded person, or one of very low intelligence can make 100k playing on-line poker.....................b

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because 100k is 500 big bets at 100/200. any more questions?

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why can any idiot make 1 mil and lose it?

because 1 million is 500 big bets at 1000/2000.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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many have said this on 2+2. they all get lock-jaw when called on it. plese tell us how a retarded person, or one of very low intelligence can make 100k playing on-line poker.....................b

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because 100k is 500 big bets at 100/200. any more questions?

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why can any idiot make 1 mil and lose it?

because 1 million is 500 big bets at 1000/2000.

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what i'm saying is, a million is way more than 100k. only the worst degenerates would tilt off a 1M roll. less than 5%. any schmuck can come up with 1k to take a shot 100/200.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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BARONZEUS

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Good call.

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i would estimate my chances of going broke within the next ten years to be somewhere between 0% and 5%. even if i somehow go crazy and bust my poker roll, i'll still have a good college degree to fall back on (computer science at stanford), so i think i'll be ok.


edit: i personally think the most likely people to go broke are PLO players.

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this was a terrible 7777th post.

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i'm no longer really a poster on this site...i just did a search for my name and got yet another "busto" thread.


it's funny that the haters have been saying i'll be bust ever since my first "hot" run back in september of last year (seriously...if someone is good at searching, you can find tons of people who since that time have predicted that i will be busto within 3, 6, 9, 12 months, etc. so far it's been 12 months and im still nowhere near busto. awesome.)

good times. have fun everyone

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I have absolutely no opinion on whether or not you will go busto in the next ten years or not. None. Zippo. Furthermore, I don't particularly care.

However, I am amazed that any serious player would cite a year long period of no busto as serious evidence on the liklihood of future busto-ing.

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

no, answer the one i asked.....................b

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

logic from above: anyone can become president. how? win the election....................b

Re: Out of the 2p2ers who make 1 mil in the next 18 months
 

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logic from above: anyone can become president. how? win the election....................b

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yeah. totally the same thing. wow.