The money or the title?
 

I have been a lurker for a while here. I am not sure where to post this, but figured it might fall under the views category. I have heard so many people say they would rather have a title/bracelet than the money. I honestly find this hard to believe unless someone is already wealthy. My buddy and I were watching poker, and some guy (an unknown as far as I can tell, not a pro) had his interview segment. He was doing the its all about the title, the money doesn't matter speech.

I said to my buddy how I found this hard to believe, that if its one or the other, I would take the cash any day. He said no way, I would want the title. I used the hypothetical question, what if second place paid a million dollars, and the winner nothing but a title. He again said he would take the title. He also hates his job, has huge money issues, and is having trouble keeping up with car payments. So, curiousity is getting me. How many people would really take a title instead of the money, if it was one or the other?

Re: The money or the title?
 

WSOP Main Event - Title

EPT Main Event - Cash

WPT Championship Event - Title

Re: The money or the title?
 

strangely, the title also usually comes with the largest share of the prizepool


I think a lot of times they are trying to say is, I am playing for first, the small money increase from 4th to 3rd is not what I am playing for.

Re: The money or the title?
 

I guess it depends. I would defintiely take the money if there was no money to be made at all from winning the bracelet. If, however, you could win the WSOP Main Event and get endorsement deals off of that title I might choose the title. It would also depend on what the endorsements would be.

Re: The money or the title?
 

Money ldo

Re: The money or the title?
 

Yeah, that always strikes me as stupid. Mostly a vanity thing, although some here are trying to approach it from a practical standpoint. Unless you're someone like Phil Helmuth though, winning a silly bracelet ought to be secondary to getting the big cash out. Particularly if you're primarily a tourney player--the big money wins don't roll around that often.

Consider:

There are a lot of poker enthusiasts on this site, yet how many do you think can name all the WSOP champions from memory? All the bracelet winners? A title or two doesn't bring you that much prestige. The ME may be the only title worth much beyond the cash payout. And, considering that payout is so high, it would still probably be smarter to take the money.

I think a lot of people simply think it sounds better to say they're playing for the title on TV. It's what the big pros always say. Obviously nobody (except maybe Helmuth and some celebrity players) plays just to collect trophies and jewelry; the money's the goal.

Re: The money or the title?
 

everyone knows, it isnt really an honor to win a bracelet lol. All the poker donks respect you, but if you know something about poker you will know the guy getting first most likely ran hot, and could be a beginner.

So obv you take the cash.

Re: The money or the title?
 

the title...
knowing that i'm good enough to repeat my success to be a winning player and make money in the long run.

Re: The money or the title?
 

Umm...

Titles Rule Everything Around Me T.R.E.A.M.??

Re: The money or the title?
 

Get the money
Dollar, dollar bill y'all

Re: The money or the title?
 

umm you are playing poker with money to win money right? isnt that the whole point of this game? not to get some dopey bracelet. who cares, if you get 2nd and no bracelet you are still obv good. if you get 1st and get a bracelet then hurray, the low percentage of the population that are poker players will think you are good.

Re: The money or the title?
 

[ QUOTE ]
I used the hypothetical question, what if second place paid a million dollars, and the winner nothing but a title. He again said he would take the title. He also hates his job, has huge money issues, and is having trouble keeping up with car payments.

[/ QUOTE ]
He is lying to you.

Re: The money or the title?
 

Main Event, I'll take the title because I think it would be awesome to be a world-champion.

Any other event I'll take the money.

Re: The money or the title?
 

[ QUOTE ]
Main Event, I'll take the title because I think it would be awesome to be a world-champion.

Any other event I'll take the money.

[/ QUOTE ]

youd rather have a bracelet than 12 million? ygos?

actually i guess you could make that much from deals with poker sites, so idk

Re: The money or the title?
 

[ QUOTE ]
Main Event, I'll take the title because I think it would be awesome to be a world-champion. [img]/images/graemlins/grin.gif[/img]



[/ QUOTE ]
Any event I'll take the money. And play a lot less afterwards [img]/images/graemlins/smile.gif[/img]

Re: The money or the title?
 

I don't need any titles. I want money.

Re: The money or the title?
 

Can't I have both? I'm a greedy bastard [img]/images/graemlins/cool.gif[/img]

Re: The money or the title?
 

I'd take the cash and put the braclet on Ebay

Re: The money or the title?
 

I envy Chris Moneymaker because he won that money, not because he won the title. I would much rather take the money.

Re: The money or the title?
 

Being a woman, the title. I can get WAY more then what 1st place is worth in endorsements alone.

T

Re: The money or the title?
 

I was talking to a complete stranger and I noticed he was wearing a gold bracelet. I asked him about it and it was a WSOP bracelet he won in 1985.

I gotta say I was very impressed, I was asking him all kinds of questions about how he won it.

Turns out Doyle Brunson was at his final table.

Having a bracelet really is a big deal, you will have it for the rest of your life and people will respect you for it.

Hell I was so impressed with the fact he had a WSOP bracelet that I gave him a few extra bucks for shining my shoes.

Re: The money or the title?
 

[ QUOTE ]
I'd take the cash and put the braclet on Ebay

[/ QUOTE ]

QFT

Not interested in being known as "world champion" and getting attention from people who provide no value to my life.

Re: The money or the title?
 

[ QUOTE ]
Being a woman, the title. I can get WAY more then what 1st place is worth in endorsements alone.

T

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Alot of ppl are under this impression but I hate to say that in this poker economy I do not think there are any sites itching to pay "WAY" more than 8-12 mil to sponsor a female champion.

I could be wrong but I think that if first place is a title and second place is 8-12 mil, then it would still be better for a woman to take the cash. Second place would still garner a lot of sponsorship interest and also I do not think that a woman could command a huge sum unless she is attractive on top of being a champion.

I dunno, just seems like sponsorship opportunities have plummeted and there is no real evidence that females are a viable customer target considering their lack of participation thus far.

Re: The money or the title?
 

[ QUOTE ]
Being a woman, the title. I can get WAY more then what 1st place is worth in endorsements alone.

T

[/ QUOTE ]

Depends if you are good at poker, and much much moreso how hawt you are LDO. I'm guessing you think you're hot stuff.

Re: The money or the title?
 

im only posting in this thread cos i might be the person with the highest post count when it dies

Re: The money or the title?
 

[ QUOTE ]
im only posting in this thread cos i might be the person with the highest post count when it dies

[/ QUOTE ]
might be a close call.

Re: The money or the title?
 

what? no cash for 1st
only a bracelet...what kinda crap is that?

I'll take the 1M again and again...

Re: The money or the title?
 

The money, ldo. Everybody who plays poker for "death and glory" does it for the wrong reasons imo.

If I was on a final table HU for a prizepool of 1 million with Hellmuth and he would make an offer like: "You get all the money, but plz let me "win" the bracelet!" and I were not a 4:1 chipleader I'd take the money in a second.
Plus I don't have to listen to his whining.

Re: The money or the title?
 

We actually had a discussion about how much the bracelet was worth, like how much money you would be willing to give up to have won one.

Somewhere between 50-100k was our answer.

This was all among people who've won more than that in poker overall though, so that probably biases it.

When I first started playing and had a small bankroll, I thought bracelets were a joke and anyone who said they'd take it over the money was an idiot. I think when you get to a certain point, the money just becomes less important.

Re: The money or the title?
 

[ QUOTE ]
[ QUOTE ]
im only posting in this thread cos i might be the person with the highest post count when it dies

[/ QUOTE ]
might be a close call.

[/ QUOTE ]

nope

Re: The money or the title?
 

Money all day long. Bracelet don't mean [censored]. I'd rather be the richest poker player than the most bracelet winner anytime of the day.

Re: The money or the title?
 

[ QUOTE ]
Money all day long. Bracelet don't mean [censored]. I'd rather be the richest poker player than the most bracelet winner anytime of the day.

[/ QUOTE ]

Winning bracelets opens the doors for lucrative endorsement deals. I figure that if you win like 25 bracelets, you could pick up a like a 200k/yr deal. So, it sort of goes hand in hand if you think about it.

Re: The money or the title?
 

Take the title, make the million on endorsements. LDO.

Re: The money or the title?
 

I don't buy all this b.s. about people only being in poker for the money when they get a boner seeing their posts on 2+2, or thinking they're an internet star.

Re: The money or the title?
 

MONEY!!!!!!!!

Re: The money or the title?
 

I would love to be at the FT of a tournament with the people who would take the title over the money.

Re: The money or the title?
 

[ QUOTE ]
[ QUOTE ]
Money all day long. Bracelet don't mean [censored]. I'd rather be the richest poker player than the most bracelet winner anytime of the day.

[/ QUOTE ]

Winning bracelets opens the doors for lucrative endorsement deals. I figure that if you win like 25 bracelets, you could pick up a like a 200k/yr deal. So, it sort of goes hand in hand if you think about it.

[/ QUOTE ]

25 bracelets and a 200k/yr deal?

lol ya right a crazy high amount like 200k. more like 50k dude.

Re: The money or the title?
 

cash and its not even close

wanna bet how many bracelet winners pawned theirs not long after winning?

Re: The money or the title?
 

[ QUOTE ]
[ QUOTE ]
Being a woman, the title. I can get WAY more then what 1st place is worth in endorsements alone.

T

[/ QUOTE ]

Alot of ppl are under this impression but I hate to say that in this poker economy I do not think there are any sites itching to pay "WAY" more than 8-12 mil to sponsor a female champion.

I could be wrong but I think that if first place is a title and second place is 8-12 mil, then it would still be better for a woman to take the cash. Second place would still garner a lot of sponsorship interest and also I do not think that a woman could command a huge sum unless she is attractive on top of being a champion.

I dunno, just seems like sponsorship opportunities have plummeted and there is no real evidence that females are a viable customer target considering their lack of participation thus far.

[/ QUOTE ]

A few years ago I would have been referring specifically to online sites, but since the law, the endorsements would come elsewhere.

Think about it, the first woman to win the Main Event, (IF it ever happens) will be in the spotlight everywhere. David Letterman, Jay Leno, The Today Show, etc. etc. Sponsorship/endorsements can come everywhere from Cover Girl to Clairol to Candies Shoes to deodarant, etc etc etc.

Yes, the woman who won would have to be somewhat cute or at the very least "fixable" (make up does WONDERS) and have SOME kind of personality to GET those endorsements, but if she was all that and a bag of chips, she'll make more money from all sorts of endorsements vs. the 1st place money.

T

Re: The money or the title?
 

IIRC Fossilman estimated the pre-UIGEA value of the ME win to be worth over 3 million in endorsements, appearence fees, and the like. He said that the bracelet/title is ALMOST worth more than first place money...