How much are poker pros worth????

OzExorcist

OzExorcist

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  • #26
rotocub said:
For some reason I was thinking Gordon made gazillions of dollars back in the tech boom. Is that right?

That's the short story - the slightly longer version (if you believe internet and industry scuttlebutt, I'll leave that call up to you) is that he was a part owner of a tech company that got sold for gazillions, so the proceeds were split between him and a bunch of others.

Yes he made a buttload of cash, but not the swimming-in-it gazillions that some people assume. Or so the story goes.

No bones about it, the guy's rich and he's a fairly successful donkament player - I'd trade places in a heartbeat. But is he a multi-gazillionaire? No, probably not.

Sardonix said:
Nobody has really said how much pros are specifically worth a couple of geusses but nobodys knows lol

That's probably because it's exactly the way those pros want it.

Tournament winnings (the "career winnings" that I suspect Toolzz is referring to) are public knowledge, but they're very rarely what a player is actually "worth".
 
fothizz

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  • #27
the thing that i wonder is if these players are makin all that money, who are they playing and getting all those wins from? i mean some people must realy suck at poker. i hope im not one of those guys that gets rich and loses it all to a pro.
 
OzExorcist

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  • #28
fothizz said:
the thing that i wonder is if these players are makin all that money, who are they playing and getting all those wins from? i mean some people must realy suck at poker. i hope im not one of those guys that gets rich and loses it all to a pro.

Some of the players have been named above - the guys who play in the Big Game (Doyle, Barry Greenstein, Jennifer Harman, Johnny Chan, etc) make their money from the whales like Guy Laliberate and Andy Beal. Other purported high-stakes losers include Celine Dion's husband Rene Angelil and Lakers owner Jerry Buss.

At the levels below that it'll mostly be people who have money to burn from business or whatever. And at the lower levels, it's everyday gamblers. A lot of these people, you have to remember, are gamblers, not poker players. Losing $10K playing blackjack or craps might be normal to them, and they're happy to risk losing that money without thinking twice about it. It maybe doens't even occur to them that people make a genuine living playing poker.

Wannabe pros will play a big part too. They'll take money from one level to the next as well - they might be a winner at $2-$5, for example, but they'll go lose all that when they take a shot at $10-$20. Players who win big in donkaments then sit down in cash games that they don't have a hope in hell of beating serve much the same function.
 
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  • #29
kathy liebert

why r u upset kathy is the richest?

She plays solid tournament poker and has been for a long time.

Jane
 
Monoxide

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  • #30
El oh el human poker professionals.

Human is not good player against robot computer player. I am poker robot and have made $533,331,110 playing human opponent. No human can beat computer robot Chip. Human have many flaw and I am robot so I am programmed not to lose.

I have not lost to human and if I lose to human I self destruct and so that Poker robot Chip will kill human, and human will not win.
 
Wonka22

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  • #31
She said it burns her to say it...I'm assuming she's at least AQUAINTED with Kathy, who, even the few times you see her on TV doesn't appear to be the friendliest person in poker...:)
 
Monoxide

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  • #32
Kathy L. has the mass of a small planet, it is calculated that if you put Kathy L. in a small plane and fly to 20,000 feet, the gravitational pull of her mass will shift the tides of the earth by up to 10 feet.
 
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hewhoholdsaces

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  • #33
zachvac said:
lol Hellmuth makes his money from endorsements, not actually winning.


This is exactly right, that and the fact that the pros back each other in tournaments, My first cousin is Robert Williamson III or affectionately called in Vegas as Mr. Omaha, and his mother my aunt and neighbor, was telling me how him and about 10 other pros get "peices" of each other in big tournament to improve their chances of profiting from the tournament. He also gets endorsements and now owns a high end Jewelry buisness in Vegas. I just wish I could get him to email or call me back, probably thinks I just want a hand out, not the case, just a chance to talk game with him. I haven't seen him since my dad's funeral almost 5 years ago. But anyways, Pros money comes from more than just their poker game, sometimes, its someone elses game.
 
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  • #34
I have neighbor that i do taxes for { I ASKED IF I COULD POST THis} who generates 43,000 a week playin in vegas. He plays only 5 weeks a year. THE WEEK BEFORE NEW YEARS, the week after april 1st, the week before labor day, the week before mermorial day and the first week in november. This is all the data I have.
 
pkrplr4116

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  • #35
ROFLMAO! She decided to treat me like crap when I moved in with Tom McEvoy, her ex. They had been split up for 5yrs+ but still, she thought it was a good idea to be a piece of crap to me, the 1st time and every time we were face to face and I have been nothing but cordial and polite. She has no social skills whatsoever. She had no reason to be so nasty to me, yet she was. What a jerk; 1st class jerk.

janef13 said:
why r u upset kathy is the richest?

She plays solid tournament poker and has been for a long time.

Jane
 
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pkrplr4116

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  • #36
This game that Ivey was in was with a man named Andy Beal. The poker player/author, Micheal Craig wrote about the games (Ivey was only 1 of the pros in it) in a book (NONfiction) called, The Professor, The Banker and the Suicide King. Great book!


feitr said:
I remember hearing how ivey took 16 million from some rich billionaire over 3 days in some ridiculously high stakes games where this billionaire had challenged a number of pros...so yea i'd say it is pretty likely that Ivey is loaded.

Anyways, the net worth of most of the poker pros would be more closely related to their business savvy/investments than their poker playing ability.
 
jokish123

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  • #37
zachvac said:
Also recently heard Ivey was worth 100 million. Not sure how accurate that is but I believe it.

Ive actually heard that Ivey is worth a lot more money than that, close to a billion. So that goes to show you that there is no way to know for sure.

Just put it this way. They are all wealthy, otherwise they wouldnt be pros. But as to how much wealth they actually have, is unknown to everyone except for themselves.
 
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  • #38
No chance that ivey is worth anywhere near to a billion. He only makes money through sponsorship and poker, so he's a long long long way off being a billionaire
 
vanquish

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  • #39
Yeah, it's not nearly close to a billion.
 
OzExorcist

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  • #40
jokish123 said:
Just put it this way. They are all wealthy, otherwise they wouldnt be pros.

While it's possible that this statement could hinge on your definition of "pro", I've got four words that disprove it:

Eskimo and Vinny Vinh
 
vanquish

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  • #41
OzExorcist said:
While it's possible that this statement could hinge on your definition of "pro", I've got four words that disprove it:

Eskimo and Vinny Vinh

Correct.

Janitors are professional cleaners, but they aren't wealthy, they just sustain themselves.
 
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