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Old 01-24-2007, 01:39 AM
Inyaface Inyaface is offline
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Join Date: May 2005
Location: Hot as a pistol
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Default Re: The Well: Adanthar (1/16/07)

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Chris Moneymaker's an accountant, so regardless of his skill at poker or how much he blew, I would be surprised if he didn't have several hundred thousand saved up for something, plowed into a house, a business...something. This isn't something that a lot of people are thinking about. Don't get me wrong - there are lots of guys out there that have six or even seven figures totally squared away and accounted for - but if online poker shut down tomorrow a lot of people would be busto overnight. I don't think it will (actually I'm certain it won't) and I don't think that we're gonna see a wave of talented 24 year olds declaring bankruptcy, but the fact is, for every individual that's overrated on the pocketfives leaderboard or whatever, there are probably five people that are relying on this month's (and next month's) donkament win to make the April 15'th tax payment because they blew everything from last month on Dom. For that matter, now that people have been scared into paying taxes for the first time, I'm sure April 15'th will wipe entire bankrolls out for hundreds. So wrong.


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Very true about Moneymaker, that was a bad example but a lot of name vegas pros are busto from pit games etc. I agree with what your saying however I feel that upbringing and personallity most influence how a person deals with gaining large sums of poker money. On the other hand gaining life experience should lead to good life/bankroll/money management and a lack of this experience might hinder some younger players.
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