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-   -   Billionaire Poker Players (http://archives1.twoplustwo.com/showthread.php?t=22900)

pkour 01-28-2006 03:39 PM

Billionaire Poker Players
 
OK...

1. Is their a (famous) poker player who has a BANKROLL of $1 million or more? NOT ANDY BEAL, HE IS NOT A POKER PLAYER

2. Surely there must be - the pros (like Ivey) play high stakes cash games with pots worth millions of dollars. The "rules" of poker would say that they therefore must have an adequate Bankroll of Billion dollars....?

3. There is about to be a $10m buy-in Sit n Go with 6 players (Ivey, Gus etc...) which backs up point 2.

4. The organisers of the $10m tourny plan to do a $25 million Sit n Go in 2006 and a $100m in 2007.

LINKS:

1. 1st Poker Billionaire

Liquid poker forum post about the $10m tourny

Any info would be appreciated. [img]/images/graemlins/smile.gif[/img]

RiverFenix 01-28-2006 03:42 PM

Re: Billionaire Poker Players
 
Andy Beal

RikaKazak 01-28-2006 03:48 PM

Re: Billionaire Poker Players
 
Lots of live "pros" brag to being under bankrolled and say they can just get the money from somewhere else if they need it. Mike Matusow refinances his house (worth 300-350K as a "reserve") Daniel Negraneau has one time said he played 40-80 limit on a $3,200 bankroll (yeah, nuts imo) Others such as Barry Greinstein have been in debt as much as a million dollars less than 5 years ago.

In my opinion, the truely high stakes players have a lot of gamble in them and have very poor bankroll management. Although there is an arguement for if they do ever go broke, they'll have no problem finding stakers so it's really impossible for them to go broke. For instance if my poker coach ever went broke, I would send him $20K as soon as he wanted it.

And yes, I bet there are billionaire poker players, fish and sharks alike.

pkour 01-28-2006 03:50 PM

Re: Billionaire Poker Players
 
NOT ANDY BEAL, HE IS NOT A POKER PLAYER

captZEEbo 01-28-2006 04:08 PM

Re: Billionaire Poker Players
 
what's the previous biggest buyin for a sng? Biggest one I've seen browswing through hendon mob was 125k stud with larry flynt and a more recent one 120k sng

Army Eye 01-28-2006 04:22 PM

Re: Billionaire Poker Players
 
lol.. I don't think a $125k tourney was a sit-n-go

Josh W 01-28-2006 04:41 PM

Re: Billionaire Poker Players
 
[ QUOTE ]
OK...

1. Is their a (famous) poker player who has a BANKROLL of $1 million or more? NOT ANDY BEAL, HE IS NOT A POKER PLAYER

2. Surely there must be - the pros (like Ivey) play high stakes cash games with pots worth millions of dollars. The "rules" of poker would say that they therefore must have an adequate Bankroll of Billion dollars....?

3. There is about to be a $10m buy-in Sit n Go with 6 players (Ivey, Gus etc...) which backs up point 2.

4. The organisers of the $10m tourny plan to do a $25 million Sit n Go in 2006 and a $100m in 2007.

LINKS:

1. 1st Poker Billionaire

Liquid poker forum post about the $10m tourny

Any info would be appreciated. [img]/images/graemlins/smile.gif[/img]

[/ QUOTE ]

Doesn't this list start and end with El Diablo?

MCS 01-28-2006 04:46 PM

Re: Billionaire Poker Players
 
I'll say Andy Beal. I don't know if he counts as a poker player.

pkour 01-28-2006 04:53 PM

Re: Billionaire Poker Players
 
"Doesn't this list start and end with El Diablo?"

Who?

augie_ 01-28-2006 05:01 PM

Re: Billionaire Poker Players
 
If posting on 2+2 qualified you for the special olympics, this post would put you in division 1.

pkour 01-28-2006 05:08 PM

Re: Billionaire Poker Players
 
"If posting on 2+2 qualified you for the special olympics, this post would put you in division 1."

im flattered :/

Quicksilvre 01-28-2006 05:15 PM

Re: Billionaire Poker Players
 
[ QUOTE ]
The "rules" of poker would say that they therefore must have an adequate Bankroll of Billion dollars....?

[/ QUOTE ]

No way. At 4000-8000 an adequate bankroll is more like $4 million. The biggest roll I've heard of is Phil Ivey's, and that was $8 million.

streetz 01-28-2006 05:25 PM

Re: Billionaire Poker Players
 
w/ 2.4 mill, i would sit down at that 4-8 game.

i heard ivey made 18 mill in 2005? exaggeration?

streetz 01-28-2006 05:32 PM

Re: Billionaire Poker Players
 
Daniel Negraneau has one time said he played 40-80 limit on a $3,200 bankroll

haha, this was me 3 yrs ago. i had 4800 and survived for 1/2 a yr playing 10-20 spread and 40-80 before taking my last 1k into cyperspace. i'm doing much better now. [img]/images/graemlins/grin.gif[/img]

DarthIgnurnt 01-28-2006 06:13 PM

Re: Billionaire Poker Players
 
Bill Gates.

Oh, also Andy Beal.

cwsiggy 01-28-2006 06:20 PM

Re: Billionaire Poker Players
 
[ QUOTE ]
No way. At 4000-8000 an adequate bankroll is more like $4 million. The biggest roll I've heard of is Phil Ivey's, and that was $8 million.

[/ QUOTE ]

There is no way Ivey's roll is "only" 8 million. More like 20-40 million.

Ness 01-28-2006 06:30 PM

Re: Billionaire Poker Players
 
[ QUOTE ]
[ QUOTE ]
No way. At 4000-8000 an adequate bankroll is more like $4 million. The biggest roll I've heard of is Phil Ivey's, and that was $8 million.

[/ QUOTE ]

There is no way Ivey's roll is "only" 8 million. More like 20-40 million.

[/ QUOTE ]

Yeah, reasonably good sources have put his role at around 25M. Chaus roll is/was [img]/images/graemlins/confused.gif[/img] allegedly around the same size.

aragorn_i 01-28-2006 06:56 PM

Re: Billionaire Poker Players
 
If you are interested in the bankrolls of the big game players you should pick up Professor,the bamker and the sucide king.It is not only a great read but it gets into the amount of income the big players have at there disposal.

Quicksilvre 01-28-2006 07:13 PM

Re: Billionaire Poker Players
 
[ QUOTE ]
[ QUOTE ]
No way. At 4000-8000 an adequate bankroll is more like $4 million. The biggest roll I've heard of is Phil Ivey's, and that was $8 million.

[/ QUOTE ]

There is no way Ivey's roll is "only" 8 million. More like 20-40 million.

[/ QUOTE ]

5000BBs? Sounds like a lot to me.

Admittedly I don't remember where I got $8 million from, so I could be wrong, but much more than that seems incredible.

dc_publius 01-28-2006 07:15 PM

Re: Billionaire Poker Players
 

I don't agree with the rationale outlined in that blog.

Arguing that poker pros can become billionares by investing their winnings in the stock market is completely different from arguing that poker pros can become billionares through winning that sort of money over the years.

mmbt0ne 01-28-2006 07:31 PM

Re: Billionaire Poker Players
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
No way. At 4000-8000 an adequate bankroll is more like $4 million. The biggest roll I've heard of is Phil Ivey's, and that was $8 million.

[/ QUOTE ]

There is no way Ivey's roll is "only" 8 million. More like 20-40 million.

[/ QUOTE ]

5000BBs? Sounds like a lot to me.


[/ QUOTE ]

They don't just play limit. [img]/images/graemlins/smile.gif[/img]

Also, I'm guessing he's not talking about an active roll, but rather how much Phil could have if he needed it.

BadBoyBenny 01-28-2006 08:23 PM

Re: Billionaire Poker Players
 
It's also less impressive when it is a billion dollars after 40 years of inflation.

Riddick 01-28-2006 08:43 PM

Re: Billionaire Poker Players
 
I would say Andy Beal.

cwsiggy 01-28-2006 11:45 PM

Re: Billionaire Poker Players
 
Bill Gates is known to play $3/$6 pr $4/$8 when in Vegas.

idrinkcoors 01-29-2006 02:13 AM

Re: Billionaire Poker Players
 
[ QUOTE ]
Bill Gates is known to play $3/$6 pr $4/$8 when in Vegas.

[/ QUOTE ]

I read that too somewhere. By my calculations in the 4/8 game: with a net worth of approximately $50 billion dollars, he has a bankroll of 6.25 billion BB. (Probably enough to cover himself for variance).

tomdemaine 01-29-2006 02:40 AM

Re: Billionaire Poker Players
 
I'm suprised noone's mentioned Andy Beal.

josh_x 01-29-2006 02:55 AM

Re: Billionaire Poker Players
 
How 'bout that Andy Beal?

EvilSmurf 01-29-2006 03:16 AM

Re: Billionaire Poker Players
 
How much are Paul Phillips and Richard Brodie worth? Their pre-poker earnings should put them high on any list.

Nick B. 01-29-2006 04:16 AM

Re: Billionaire Poker Players
 
[ QUOTE ]
How much are Paul Phillips and Richard Brodie worth? Their pre-poker earnings should put them high on any list.

[/ QUOTE ]
I don't think Paul Phillips and Richard Brodie are comparable.

cwsiggy 01-29-2006 10:50 AM

Re: Billionaire Poker Players
 
Paul Phillips doesn't play poker anymore. He's a scrabble player/Rennaissance man now. [img]/images/graemlins/smile.gif[/img]

Quicksilvre 01-29-2006 12:29 PM

Re: Billionaire Poker Players
 
I think that Phil Gordon is worth about $100 million, but that's because of the dot-com boom, not poker.

Of course, there's always Andy Beal.

Quicksilvre 01-29-2006 12:32 PM

Re: Billionaire Poker Players
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
No way. At 4000-8000 an adequate bankroll is more like $4 million. The biggest roll I've heard of is Phil Ivey's, and that was $8 million.

[/ QUOTE ]

There is no way Ivey's roll is "only" 8 million. More like 20-40 million.

[/ QUOTE ]

5000BBs? Sounds like a lot to me.


[/ QUOTE ]

They don't just play limit. [img]/images/graemlins/smile.gif[/img]

[/ QUOTE ]

Fair enough.

It still sounds like a crazy sum.* Without knowing anything else about where they got their money, I'd have to assume that some of it came from investments, too.

---

* Especially to an college freshman that has $340 to his name [img]/images/graemlins/shocked.gif[/img]

ripwalk 01-29-2006 03:16 PM

Re: Billionaire Poker Players
 
Sorry if it has already been mentioned, because I didn't read the replies .. But ... Andy Beal.

newhizzle 01-29-2006 03:36 PM

Re: Billionaire Poker Players
 
andy beal is a billionaire right?

and i think he plays poker

A_Junglen 01-29-2006 04:15 PM

Re: Billionaire Poker Players
 
Ah, Mr. Andrew Beal is the answer! I believe he is both a billionaire AND a poker player!

Case Closed, GG, etc

Your Mom 01-29-2006 04:38 PM

Re: Billionaire Poker Players
 
There's some rich banker from Texas who play some poker. Something like Billy, no it's Andy Beal.

rograndom 01-29-2006 05:16 PM

Re: Billionaire Poker Players
 
I don't think anyone's mentioned it yet, but Andy Beal is a billionare and he plays poker. Nobody really knows about him though somebody should write a book about him.

benfranklin 01-29-2006 05:38 PM

Re: Billionaire Poker Players
 
[ QUOTE ]
Sorry if it has already been mentioned, because I didn't read the replies .. But ... Andy Beal.

[/ QUOTE ]

Andy Beal is not a Scrabble player.

benfranklin 01-29-2006 05:41 PM

Re: Billionaire Poker Players
 
[ QUOTE ]
Paul Phillips doesn't play poker anymore. He's a scrabble player/Rennaissance man now. [img]/images/graemlins/smile.gif[/img]

[/ QUOTE ]

What is a sustainable hourly rate for being a Renaissance man?

tomdemaine 01-29-2006 07:17 PM

Re: Billionaire Poker Players
 
This thread is exactly why I [img]/images/graemlins/heart.gif[/img] 2+2. You tell 2+2er's not to do something and they will go out of their way to do it, for hilarious comedy effect. Just genius.


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