What's the REAL reason(s) so many "top" players are busto?

[Zorlac]

I would argue that 'well adjusted', quality poker pros don't go busto. The ones with gambling problems, the borderline OCD's that are always pushing the boundaries and need to (quoting Bear) "get their juices going", are the ones flip flopping between hot streaks and going busto.


.Z

[EmpireMaker2]

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Coke is a helluva drug.

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QFT

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i really isnt

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[Potvaliant]

IMO, Any player who has the $ to play at the stakes where the general public would know them as a big name poker player, is an action junkie and won't stop, ever, unless they happen to go broke.

Sorry if someone else has already said this, I couldn't be bothered to read the whole thread.

[PLO8FaceKilla]

Going "busto" would definitely not be cool.

Hey.....
speaking of "cool"....
I heard that Brad Booth bought into that high stakes poker tv show with A Cool Million.

[inyourface]

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Going "busto" would definitely not be cool.

Hey.....
speaking of "cool"....
I heard that Brad Booth bought into that high stakes poker tv show with A Cool Million.

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LOL, in answer to OP it's people like BoostedJ that won one donkament (but are terrible cash players) that donate back to the better regs like CTS, PA, aba, JMan etc. who will never move down because of their ego.

That will eventually bust them

[PLO8FaceKilla]

there are 2 types of players......

Players that are Busto, and players that Yukon likes.

[ben wb]

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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 ]Kai's upswing was more like $4 million, went from being down $1/2 million at high stakes PLO to up $3.5 million. I think he is actually a long term winner at $200/$400 (losing players don't tend to have 100 buyin upswings even in PLO) he has just lost some confidence after his first monster downswing.

[inferno]

ego

[dismalstudent99]

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.

[The B]

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For the most part (Jamie Gold excluded), these are not stupid people.

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lol at Gold being excluded