Liquid Welcomes PokerStars to the Team
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maartendq
Belgium3115 Posts
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mumming
Faroe Islands256 Posts
On May 19 2016 21:42 Linear wrote: Elky streams poker all the time, I mean he's only won $11m in live poker... Won and cashed are completely different things. Most of the guys you see having "won X millions" have profited a small fraction of that. When they count "tournament earnings" they never subtract the cost of the buyins. | ||
Linear
60 Posts
On May 20 2016 01:59 mumming wrote: Won and cashed are completely different things. Most of the guys you see having "won X millions" have profited a small fraction of that. When they count "tournament earnings" they never subtract the cost of the buyins. His largest tournament buy in was 30k from what I can see on Hendon and his 2mill cash was a 10k buy in tournament, admittedly these are only the tournaments he has cashed in but point stands that his earning are in the millions by some margin. | ||
Liquid`Nazgul
22426 Posts
On May 20 2016 02:39 Linear wrote: His largest tournament buy in was 30k from what I can see on Hendon and his 2mill cash was a 10k buy in tournament, admittedly these are only the tournaments he has cashed in but point stands that his earning are in the millions by some margin. Generally it is really hard to know/estimate what someone has won from this type of public info. It happens plenty that someone gets a buyin for a tournament from someone else and only keeps 10% of the winnings. The cash-games these players will play outside of tournaments will also contribute significantly to winnings/losses. Basically the public tournament winnings are always something to look at with some caution at least. | ||
Linear
60 Posts
On May 20 2016 03:49 Liquid`Nazgul wrote: Generally it is really hard to know/estimate what someone has won from this type of public info. It happens plenty that someone gets a buyin for a tournament from someone else and only keeps 10% of the winnings. The cash-games these players will play outside of tournaments will also contribute significantly to winnings/losses. Basically the public tournament winnings are always something to look at with some caution at least. I'm aware of the staking scene but if I had cashed as prominently and consistently as Elky I would be putting stock in my ability and fronting the majority of the cash for my entry. I mean even with a paltry 10% across all his cashings he's sat on $1.2m not including his $1.8m in online poker cashes. I mean Jason Mercier who is known for doing some staking has said on interview that the standard staking arrangement is around 50/50 after the makeup from the tournament buy in. So I would estimate Elky to be roughly around $6-9m depending on how much he's been staked that's also including the times not listed where he's bought in and lost. Anyway congratulations on this deal Naz really is fantastic and will encourage some people to use the Liquid20 code. | ||
11cc
Finland561 Posts
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Linear
60 Posts
On May 20 2016 05:05 11cc wrote: TLO plays poker? Disappointing. Poker is a game that feeds off of stupid and irresponsible people to fund a small group of good players. A lot of suffering is caused by poker. From what I've seen I would say that 99% of all the money in poker is from middle class people having a bit of a flutter with some pocket notes, I would say at most only 1% of the money in poker is generated from people who have gambling issues even then I doubt it's that high. Pokerstars also permanently shut down any account who's owner has a gambling problem. | ||
LemOn
United Kingdom8629 Posts
I'd argue that poker has the lowest problem gamblers out of all gambling. it's essentially an entertainment industry where recreational players pay just for that - entertainment! Even though it's true that the owners of Pokerstars kinda don't do the best for the players right now and are facing multiple charges by Canadian trading authority it's still the biggest sponsor TL could get. | ||
Darkaros
United States248 Posts
Like others have said most TL users are in the right demographic to gamble responsibly anyway. | ||
Radicalness
United States271 Posts
I've played 10s of thousands of poker hands, but never really connected TL with the game. Probably time I start coming here for two of my interests instead of just one :D | ||
Madars
Latvia166 Posts
On May 20 2016 05:34 Linear wrote: From what I've seen I would say that 99% of all the money in poker is from middle class people having a bit of a flutter with some pocket notes, I would say at most only 1% of the money in poker is generated from people who have gambling issues even then I doubt it's that high. Pokerstars also permanently shut down any account who's owner has a gambling problem. I have read about cases where minors got access to parent's credit cards and spent thousands to never see that money again. I don't know how many such cases exist, and I doubt pokerstars would publish such data. | ||
sashkata
Bulgaria3241 Posts
On May 20 2016 20:42 Madars wrote: I have read about cases where minors got access to parent's credit cards and spent thousands to never see that money again. I don't know how many such cases exist, and I doubt pokerstars would publish such data. Whose fault is that? Are Pokerstars supposed to do DNA tests to make sure you are the owner of the card. That's saying it's Pokerstars fault that someone stole your card and used it to play. Besides, do you really think the poker economy is fulled by kids stealing their parent's credit cards. | ||
LethalBacon
Spain355 Posts
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LemOn
United Kingdom8629 Posts
On May 21 2016 04:27 LethalBacon wrote: We need a golf squad now. And let's start thinking about Bobsleight too. Liquidpoker was one of the first sites on here, and is still active. So SC2, Dota and Heartstone sections are to Liquidpoker pretty much what Bobsleight section would be to LiquidDota | ||
sixfour
England11060 Posts
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zealotstim
United States455 Posts
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LightningStrike
United States14275 Posts
On May 19 2016 11:52 Clbull wrote: Doesn't LCS and WCS forbid gambling sponsors? I think so for LCS. Idk about WCS because I haven't followed SC2 as much as I used to. | ||
Swoopae
Australia339 Posts
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xtorn
4060 Posts
Looking forward to seeing some pro gaming with pro gambling in between When Rotterdam streamed poker it was absolutely awesome. | ||
pmh
1344 Posts
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