Posts Tagged ‘Stu Ungar’

Lynn "Queen of Hearts" ParisLynn “Queen of Hearts” Paris

I have referred on many occasions to the vast sums of money that can be made playing poker. It never ceases to amaze me that a player can come in ninth in the WSOP Main Event and wind up winning $1 million. When can you ever place ninth in anything and walk away a millionaire? Or turn the $100 you walked in with into $5000 in one night?

But I never thought about how many losers there are in the game, especially among professional poker players. It seemed too obvious to mention – clearly for every big winner there have to be a ton of losers. But it’s not just about the percentages, or about losers on a particular night or in a particular high-stakes tournament. I’m thinking about serious, highly ranked poker players who have gone broke . . . and never came back from that.

In fact, according to a recent article by Alan Schoonmaker in Card Player Magazine , “If you’re a pro, you have a much higher probability of dying broke than members of other professions, including people who earn much less than you’re winning now.”

Yes, there are many pros that were extremely successful; former WPT and WSOP champions and bracelet winners like Johnny Moss, Stu Ungar, Dave ‘Devilfish’ Ulliot and Gavin Smith to name a few, that not only lost it all and spent their final years penniless, but they also died broke.

How could that happen? Why didn’t they always save a portion of their winnings for their old age? Why weren’t they at least eligible to receive social security and Medicare?

The answer, according to Schoonmaker, is too much self-confidence, otherwise known as arrogance. That’s when you ignore the rules, thinking you don’t have to save money or pay taxes like normal people, believing instead that there will ALWAYS be another huge pot to count on every time you take a seat at a poker table.

Sometimes, there isn’t.

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Pocket Bullets ParisBy: Pocket Bullets Paris

There are very few people that impress us with what they are capable of. Johnny Manziel has impressed us with his incredible athletic abilities on the gridiron. Paul McCartney continues to amaze us with his musical brilliance and his continuing endurance under the bright lights of any stage. Rafael Nadal has blown our minds in all of his thirteen Grand Slam wins.

And in our world of poker, “Dolly” Doyle Brunson, Amarillo Slim, Stu Ungar among many others, have all been an overwhelming inspiration holding our attention on poker all these many years. Phil ‘The Brat” Hellmut, with his 13 WSOP championship bracelets, has been one of our all-time favorites at the poker tables. Daniel “The Kid” Negreanu with his six WSOP bracelets, has awed us on more than one occasion. Daniel Negreanu at 2014 WSOP

But time moves on and favorites are bound to eventually fall. We’ve already told you about the dramatic loss endured by Phil Hellmuth, and now we have the latest loss, suffered yesterday by Negreanu when Paul Volpe took away his chances for a seventh bracelet by defeating him in Event #13: $10,000 No-Limit 2-7 Draw Lowball Championship.

Paul Volte takes bracelet and title away from Daniel NegreanuThis was Volpe’s first bracelet, first WSOP final table. He walked away with $253,524 while Negreanu can still smile while adding another $156,674 to his poker winnings.

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Vinny The GrinderBy The Grinder

Continuing with interesting word play related to poker, I’m sure you have all heard of anagrams. It’s simple. You take a word or a sentence, rearrange the letters, and form new words or sentences. You’ll be fascinated to know that many of the new word/words mean something similar—and this is particularly true with names. The best possible solutions to name anagrams reveal an eerily close-to perfect depiction of the  person. Again, the mind might choose to see what it wants, nevertheless, this is one of nature’s inexplicable gimmicks. Let’s start with our own Texas Poker Store family members, and continue with celebrity poker professionals. I thoroughly enjoyed this exercise, and I hope you do too!

Name Anagram
Jim Paris I Rip Jams How true! Our Chief Dealer, who previously produced the great Buddy Miles, loves Rock ‘N Roll jams.
Paul Marvin Rival Up Man I agree. Paul’s a good Heads Up player. I wouldn’t want to rival up with him heads up.
Vineet Bailur Brave Inutile Bingo! Brave in poker, inutile in everything else.
Phil Hellmuth Huh? The Limp II I’ll take it. He is a tight player. No wonder he won so many tournaments. A master of pot control.
Daniel Negreanu Genuine Adrenal Unreal! Daniel walks the walk, and talks the talk too. Anyone who knows The Kid, knows that he is full of adrenalin.
Doyle Brunson Busy Londoner Age is no barrier for this poker maestro, who is still busy traveling the world playing poker.
Antonio Esfandiari If Insane Adoration If you watch High Stakes Poker, then you know The Magician is constantly thankful and appreciative of all poker players at his table.
Phil Laak Alpha Ilk A prototype among the best.
Tom Dwan Mad Town Indeed! Hyper aggressive is an understatement.
Stu Ungar Guru Ants A Guru of poker with the stature of a thin, frail, little ant who always ended up with the biggest stack of poker chips.
Vanessa Selbst Vast ‘n’ Baseless Absolutely. Her style is relentless and aggressive.

Good luck at the tables!

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