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Old 11-29-2007, 07:43 AM
dismalstudent99 dismalstudent99 is offline
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Join Date: Mar 2007
Location: Riverside, Calif.
Posts: 48
Default Re: What\'s the REAL reason(s) so many \"top\" players are busto?


Another reason: Easy access to loans + "moral hazard"


It seems that top live pros loan each other money all the time. Thus, good players can borrow to rebuild their bankroll.

Furthermore, there is what economists call a "moral hazard" effect -- if I know I can just borrow money from someone if I go bust, then I'm actually more likely to go bust because I'll play more recklessly.

A broke player then borrows and plays in "rebuild" mode til he's back in black.
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