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#1
11-28-2007, 07:43 PM
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Re: What\'s the REAL reason(s) so many \"top\" players are busto?
[ QUOTE ]
What about Nikki Jedlicka specifically? I think a number of 2p2ers have a lot of respect for his game, and I KNOW Phil Ivey does. From what I've read it was a $1.1m downswing (rumored to be since he signed with FTP) that busted his online BR and has him saying he isn't planning on redepositing anytime soon. Was he just playing too high the whole time (during his $2m+ upswing AND $1m downswing? What is it with so many HS players (DB comes to mind) living the high life one day, and seemingly crippled the next? [/ QUOTE ] ~27 BI downsizing will happen when you play the best and multi table in variance happy Omaha. 
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#2
11-28-2007, 07:48 PM
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Re: What\'s the REAL reason(s) so many \"top\" players are busto?
Balloon payments on adjustable rate mortgages.
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#4
11-28-2007, 10:40 PM
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Re: What\'s the REAL reason(s) so many \"top\" players are busto?
the real reason top players are busto = they're gamblers
simple, isn't it??
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#5
11-28-2007, 10:43 PM
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Re: What\'s the REAL reason(s) so many \"top\" players are busto?
gotta get it gotta have it once i got it i'm a spend it then it's back to doing any damn thing just to get it.
AMIRITE?!?
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#6
11-29-2007, 09:34 AM
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Re: What\'s the REAL reason(s) so many \"top\" players are busto?
[ QUOTE ]
gotta get it gotta have it once i got it i'm a spend it then it's back to doing any damn thing just to get it. AMIRITE?!? [/ QUOTE ] yeeeeeeeeeeeeeeeea
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#7
11-28-2007, 11:38 PM
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Re: What\'s the REAL reason(s) so many \"top\" players are busto?
[ QUOTE ]
[ QUOTE ] Balloon payments on adjustable rate mortgages. [/ QUOTE ] lol...time to refi [/ QUOTE ] Can't refi when there's no more equity!!! busto!!!
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#8
11-28-2007, 11:45 PM
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Re: What\'s the REAL reason(s) so many \"top\" players are busto?
Brad Booth on the Hardcore Poker Show laid it out: he left Vegas with 3 million he built up through live play, and went home to Vancouver. He couldn't find those levels of play live, so he turned to the internet, and his intuitive skills didn't work. Lost a million, then chased it, lost two, chased that, and.... busto. Pretty interesting interview..
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#9
11-28-2007, 07:49 PM
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Re: What\'s the REAL reason(s) so many \"top\" players are busto?
Boris Becker
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#10
11-28-2007, 08:11 PM
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Re: What\'s the REAL reason(s) so many \"top\" players are busto?
I should really write this as some sort of a seperate post cause its so genius but i guess i'll write it here first as my trial run sort of deal.
The short of it is that poker is a game of investing money or gambling depending on how you play. But if we assume that we are playing under the pretense to invest our money intellegently than the same principles of investing in the stock market apply, however the stock market trades at a much larger level. The reason the tops pro's are broke is because they have reached the poker ceiling, its similar to the investment ceiling which goes by some name that i don't know. if you talk to really good investment bankers, the top ones, they will tell that they can basically make the same average returns year after year with work but not to to much...however, when their portfolio reaches around 500 million dollars then it becomes much more difficult to keep there high return rate. So i would propose that this is what has occured to the current breed of poker players. Because the poker economy is much small than the us stock market the ceiling is much lower. So i would conclude that investing your money with poker it a good choice but only until say your reach 3 or so million to give an arbitary number. After that point it becomes much better to invest your money in a the stock market. that'll be 2 cents
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