Heard some guy won 100k and lost everything

S3mper · Oct 8, 2013

dmorris68 said:
Pretty much what I said.

I simplified it by 1000x though <3

bernotas22 · Oct 9, 2013

dmorris68 said:
And here's where I disagree and so you're not correct. I realize English isn't your first language and perhaps the nuances are different in your native language, but to make the statement to the effect of "poker is gambling" is the same as saying it's more gambling than not. In English at least, the term gambling is equated with games of chance. The general public, ignorant of poker, often does lump poker in with other gambling games like craps or blackjack. Poker players know better. To over-extend my goofy driving analogy, it would be like referring to driving as gambling instead of a skilled activity just because there is always a chance something could happen to you while driving that is out of your control (i.e. "luck"). Sure, we sometimes gamble with our lives when we drive, and might joke about doing so, but when it comes down to it, driving is a learned skill and not a gambling endeavor.

Roulette and craps are gambling games. Even blackjack and sports betting, which can benefit from some amounts of skill, are still heavily ruled by chance and weighted against the bettor. When you play those games, you're "gambling" more often than not that you'll come out on top.

Poker is NOT a game of chance. It is predominately a game of skill with a variable degree of chance that diminishes greatly as skill increases. The distinction is important, which is why serious poker players reject the notion that "poker is gambling." Whether you agree or not is irrelevant, because serious poker players do make that distinction and will tell you you're wrong. I know you like to argue, but this is not an argument you can win.

English is actually my first language actually so your incorrect, By first you mean the language you speak and write better? I learned English at age 6 at a US school and have been speaking it since much better than that of Lithuanian, having never formally been taught Lithuanian at school or introducing myself to studying the language like I did English, im much better at English than Lithuanian, Just cause im currently in Lithuania does not mean it is where I have lived most of my life, Now anyways back to poker, you are assuming again that I do not know the long term tendencies of the game since I did not mention it in my original post, I understand these tendencies and I agree with them but in the short term which can take a long time to dissipate the game remains gambling, and there is always an element of gambling for some players who can make mistakes and lose hoards of money the majority if not all of there money by not playing for the long term, so in a sense every individual hand is a gamble but if you play enough hands optimally you can reduce the gambling aspect or losing your bankroll to next to no chance of occurring...understand now where im coming from? im not trying to argue with you that it is or its not gambling its just that you misinterpreted my statement into your own rationalization of your beliefs which I myself agree with!

dmorris68 · Oct 9, 2013

Apologies for my assumptions of your native tongue. Which were based not only on your location of Lithuania, but your posting history here where your tone and attitude generated some backlash. Maybe I'm confusing you with someone else, but I thought I recalled that the excuse was it was just a language/culture difference, which legitimately happens sometimes.

So basically what you're telling me know is that's not the case. Ok, that certainly sheds a different light then.

S3mper · Oct 9, 2013

dmorris68 said:
Apologies for my assumptions of your native tongue. Which were based not only on your location of Lithuania, but your posting history here where your tone and attitude generated some backlash. Maybe I'm confusing you with someone else, but I thought I recalled that the excuse was it was just a language/culture difference, which legitimately happens sometimes.

So basically what you're telling me now is that's not the case. Ok, that certainly sheds a different light then.

FYP, your welcome but you can't always expect me to be there to fix honest mistakes for you.. C'mon you know better than that I know you do.

If it happens again I'm going to have to ask Dakota to drop the Ban-hammer down on you or maybe I'll ask you to drop the hammer down on your self. =)

I can't always be there to hold your hand after all! =P

(Just kidding) so please don't hurt me

<--- My first ever emoticon thing

redcross · Oct 9, 2013

How is that even possible? It is so hard to win any huge tourney like that so I would assume he was a quality player, but then to turn around and lose it all so soon says hes a donk. So which one is it? And why in the world wouldn't you just cash out at least half of it?
Makes me think that I should have some sort of bankroll management plan for when I hit it big!

bernotas22 · Oct 9, 2013

dmorris68 said:
Apologies for my assumptions of your native tongue. Which were based not only on your location of Lithuania, but your posting history here where your tone and attitude generated some backlash. Maybe I'm confusing you with someone else, but I thought I recalled that the excuse was it was just a language/culture difference, which legitimately happens sometimes.

So basically what you're telling me know is that's not the case. Ok, that certainly sheds a different light then.

You made assumptions on my entire post, I don't mind I guess now I know if I mention the word gambling and poker in the same sentence in a response to someone saying this guy is a gambler and not a poker player I need to go into deep lengths to explain the obvious difference that poker and other casino games share, That's the exact reason why poker is gambling is that things like losing tons of money occur in the short term with unwise bankroll management and poor poker skill and game choice, I don't understand why you had to try to enlighten me to the great world of playing poker for the long term, as if I was directly mentioning that the long term good skilled player is still gambling which they are indeed NOT as you yourself were nice enough to clarify to me

Poker Orifice · Oct 9, 2013

triplesyxx said:
pretty sure this is fake, ive been hearing rumors like this for years now

Would you like to bet on it?

This was a well-documented meltdown while it was happening (there are pages & pages on it on '4' as it was happening). I also watched that final table play out & was just unreal (& saw the thread about the HU meltdown/spew just after).

S3mper · Oct 10, 2013

Poker Orifice said:
Would you like to bet on it?

This was a well-documented meltdown while it was happening (there are pages & pages on it on '4' as it was happening). I also watched that final table play out & was just unreal (& saw the thread about the HU meltdown/spew just after).

Please post any links on this I would like to watch them

jcdagenius · Oct 10, 2013

how true is this???.....most peope need sef control and things like this wouldn't happen...br management is key.....

S3mper · Oct 10, 2013

100k is not that much in poker senses half goes to taxes then if you try to play with the sharkies the other half goes to them

bernotas22 · Oct 11, 2013

S3mper said:
100k is not that much in poker senses half goes to taxes then if you try to play with the sharkies the other half goes to them

Taxes? You Talking About Taxes Not The Game Taxes? Come On Man! They don't even tax here in Lithuania!

cardsking · Oct 11, 2013

bernotas22 said:
Taxes? You Talking About Taxes Not The Game Taxes? Come On Man! They don't even tax here in Lithuania!

Wow , so cool . Maybe i should come Luthiana

bernotas22 · Oct 11, 2013

cardsking said:
Wow , so cool . Maybe i should come Luthiana

Its pretty killer except for the part that people here hate life, it's dark and rainy, low wages, and no taco bells to lessen the pain of living here, Does Kanadia tax on poker? Not so sure if that's where your from but if they don't then stick to your home cause I wouldn't recommend coming to Lithuania unless you want to go check out the new Ikea by the airport and get some cinnamon buns

LuckyBundy13 · Oct 11, 2013

No one mentions the possibility of a chip dump? maybe the player is shady and has no way to get the $ off.

BluffYou123 · Oct 11, 2013

LuckyBundy13 said:
No one mentions the possibility of a chip dump? maybe the player is shady and has no way to get the $ off.

Read the thread! Chip dumping? NO! (not the Russian binkist anyway and definitely not likely with a donk binking huge $ in the Sunday Million)

SANDYHOOKER KY · Oct 14, 2013

I have seen this in real life, a donker gets on a hot streak in a hot seat, and he's cleaned out the house.Next night, he's at the casino thinking he's Phil Ivey reincarnate, and poof, he's broke, again.You don't have to be a good player to hit the big one, you have to be a good player to hold on to it though. Just look at Jamie Gold :banghead:

lilturkgirl86 · Oct 17, 2013

i would feel sick how can somebody just piss away 100k like that

MrP0TAT0Head · Oct 17, 2013

WHAT DO YA"LL THINK ??

:icon_joke So I watched the SUNDAY MILLION on this guy... He wasn't scared that's for sure... Watched him 3 bet with 10 5 off... Can't believe he lost his stack in a matter or hours... Shark scope has him down almost 8k before the win so he isn't broke...
NOT SCARED AND PLENTY OF CASH:icon_joke seems like a GOOD combo to me.:icon_joke
Bad Times...Lots of dimes... (TM)

cotta777 · Oct 18, 2013

i agree its pretty sick but having looked at his scopes he obviously isnt shy of a few grand 215.00 just another tournament. alot of players are tight enough and scared enough with all the online qualifiers to let a maniac run riot freebetting ten high. and for alot of us our chances are minimal of taking down the title unless we play with fearless aggression

TeUnit · Oct 18, 2013

hope thats not all the money he had

zingbust · Oct 18, 2013

Here's what probably happened....the guy actually IS a true champion of poker...when he won $100K, it was long long long overdue because he had just been running bad and that's why he hadn't had a big win until that point. Then after that, he made the correct decision...to take his +ev position and turn it into millions...which would have been so easy, the next Durr or Ilsidur...except, he ran into a horrible unlucky streak that wiped him out.

cipriandoran · Oct 18, 2013

Unbelievable I watched the show too.That was let's say a bad player that guy. he was very very lucky i think. its really crazy how he run during this final table. Tha's why after he lose very quick all.Bankroll management is the key

cotta777 · Oct 18, 2013

zingbust said:
Here's what probably happened....the guy actually IS a true champion of poker...when he won $100K, it was long long long overdue because he had just been running bad and that's why he hadn't had a big win until that point. Then after that, he made the correct decision...to take his +ev position and turn it into millions...which would have been so easy, the next Durr or Ilsidur...except, he ran into a horrible unlucky streak that wiped him out.

I Do strongly fear playing a higher role after a big win, because sick badbeats seem to start coming out of the woodwork, aces get deal preflop and you get put all in all kinds of crazy stuff can happen.

I dont doubt for one second he ran terrible after the sunday mill, and If im honest I would be shocked if I won that money on stars and didn't start seeing runner runner cards that haunt players in nightmares, 8,3 off 2 outers and all kinds of ghastly things.

Id cash 90% straight up. no quetion

S3mper · Oct 18, 2013

running bad or not no winning player loses his BR when his BR consist of 100k, because winning players have good bank roll management and as he started to run bad he should of lowered the stakes..

he shouldn't of moved up the stakes so high any way if your a 25nl player and win 100k you shouldn't just go straight for the 5/10 I'd take a shot at 50nl and if I felt I could beat the game move to 1/2 an so on and if I couldn't beat that move back down to where I can win till I win what I lost back and then take another shot.

and I know it seems so ugghhh winning small amounts of money after winning so big but winning small is better then losing big.. Discipline is a big part of poker and playing in your ability is very disciplined...

Just because your bankroll got bigger doesn't mean your skill got better

cotta777 · Oct 18, 2013

S3mper said:
running bad or not no winning player loses his BR when his BR consist of 100k, because winning players have good bank roll management and as he started to run bad he should of lowered the stakes..

he shouldn't of moved up the stakes so high any way if your a 25nl player and win 100k you shouldn't just go straight for the 5/10 I'd take a shot at 50nl and if I felt I could beat the game move to 1/2 an so on and if I couldn't beat that move back down to where I can win till I win what I lost back and then take another shot.

and I know it seems so ugghhh winning small amounts of money after winning so big but winning small is better then losing big.. Discipline is a big part of poker and playing in your ability is very disciplined...

Just because your bankroll got bigger doesn't mean your skill got better

I find on pokerstars the 1/2 is tougher than say 2/4 - 3/6 888 poker or whatever

Heard some guy won 100k and lost everything

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