Indian Poker
Cash Games
No Limit Texas Hold'em
Sit & Go
Online Poker Games
Tournament
India Poker Freerolls
Your Money
Play Real Poker India
Cash Prizes
Free Money Prizes
Professional Poker
Most Professional Poker Players are Broke
Want to start playing Real Poker with us?
Real Poker

Most Professional Poker Players are Broke

Date Published: 13th October 2020
Author: Lowell Forest
Gambling is a game of chance which is based on luck and can result into the gambler winning or losing their stake. Every great gambler knows that the secret to surviving is to know what to throw away and what to keep as sang by Kenny Rodgers in his song 'The Gambler'. The dénouement of every gambling is a win or loss of funds; an outcome which either has a happy ending or detrimental effects to the gambler. Professional poker players like Gavin Griffin, Hansen Gus, Scotty Nguyen, and Erick Lindgren are famous poker players who went insolvent after losing millions of dollars in player poker. Poker is lucrative and classy but too much cupidity can engender a poker player bankrupt.

Most Professional Poker Players are Broke

Gavin Griffin is one of the famous poker players who went broke as a result of playing professional poker. Ranked 3rd as Illinois' Greatest cash list and 133rd unsurpassed USA money list, Griffin is a Global poker player with a popularity ranking of 373 (Mob, 2019). The statistics on Griffin show that he is a prominent gambler but what really went wrong? In 2004, Gavin marked his poker history by becoming the youngest player to win a WSOP tournament. He gashed the Pot Limit Hold'Em and also won the eminent Triple Crown, an EPT in 2007 and 2008, and by 2012, he had a total live winnings of about $5 millions. However, Gavin furloughed most of this money in playing live games, paying taxes and later developed an addiction which cost him heavily (Puntersport, 2020) hence, going penniless.

Another poker player who fell a victim of gambling is Gus Hansen. The Dane is notably more famous than Griffin as he is ranked 2nd as Denmark's Greatest cash list and currently 89th Greatest cash list with a global popularity ranking of 17 (Mob, 2019). He is well known for his crazy swings which made him win four WTPs in a year and making six final tables stockpiling $11 mil before finally floundering in 2014. Hansen lost a total of $18 mil setting a record for the most loss in an online poker game (Puntersport, 2020). Since Hansen had a laid back attitude, he did not give up; he put his head down and later resurged.

Gavin Griffin is one of the

Equally, Scotty Nguyen, just like Gavin and Hansen, was caught up in the conundrum of poker playing. Ranked 4th as Nevada's Greatest cash list and 31st Unmatched USA cash list, Nguyen has a global popularity ranking of 60 (Mob, 2019). In the 80s, the Vietnamese commenced his poker playing with a $270 paycheck which he turned into a six-figure bankroll within just a week. Nguyen reached his poker heights accumulating close to $11 million before fizzling in the late 90s when his addiction took over him, and he began losing a total of $20 million to irresponsible venture (Puntersport, 2020). This covetousness rendered him broke when he should have walked away after realizing he was losing money recklessly.

Similarly, Erick Lindgren also suffered the same fate as Scotty and Gavin. The two-times WSOP and WPT winner is counted among the poker players who made most money from gambling. 'E-dog', as he was otherwise known, ranked 38th in the Unequalled Money List of poker in 2016 amassing a total of $10 million in tournament earnings. Sadly, due to his addiction in betting, he became bankrupt and is hugely indebted to Pokerstars $2 500 000, the IRS $3 800 000, and Andy Bloch $1 100 000. Lindgren ended up losing a total of $25 million (Puntersport, 2020). Being broke is one thing but being broke and in debt is devastating.

Another poker player who fell a

Every gambling website encourages responsible waging and this is due to the fact the hankering to win is compulsive. The campaign is aimed at deterring gamblers from imprudent taking of chance since reckless poker playing is insidious as can be seen from the above discussion. Therefore, to avoid going indigent, a gambler should employ self-discipline and walk away before the situation exacerbates. Lack of this self-restraint together with the thirst to win is the reason why most professional poker players go broke. These poker players could have saved lots of cash if only they quit careless punting at the right time, otherwise, the price paid for ignorance is insolvency.

Recent Indian Online Poker Game Reports

OMBR Layout, Bangalore Tables Games from 16th November
16th November 2018 04:48
Report on the sit and go table this past Friday 16th November which saw cemayara take the pot of 12,500.00 rupees on this 10 table.
Mysore Real Poker from July
13th July 2018 13:02
Poker report on the match up from Friday between floridapete, rayezri, nobyakapoo, oryun, bombaystud, kingofglory, ivie-shok, sunnyequity, lalothegreat, boka, for the prize pot of 250000 rupees.
Mathikere, Bangalore Jackpot Poker 10 Player
17th August 2018 08:17
Round up report for the sit and go 10 player challenge from Friday 17th August which saw win the prize money.
Rajendra Nagar, New Delhi India Gambling 10 Player
31st October 2018 18:42
Poker report on the 10 player challenge between ballinb, ihavefaith01, jesusball, kidpoker23432, lfcchick, ervinfida, ghjuvandria, l-townrnder, pancho, redreba, from Wednesday
Playing Poker Online
The internet has made it possible to do many of the things that would have been impossible to do without it. Before the internet, ...
Reasons For The Love Of Online Poker
Since the transition of poker from just being a physical game into the digital space where poker lovers can easily gain access to ...
Online Poker: Secrets To Becoming Better As A Player
It is not a secret that almost all human engagement has been moved into the digital space ever since the internet was created. Fro ...
How To Avoid Costly Online Poker Mistakes
Becoming a master in any game or activity requires playing according to the rules. Many great failures and setbacks some have enco ...
Stages Invovled In Texas Holdem
Texas Holdem is a poker game involving 5 cards used by all players, plus two that are facing down. Common to other games it takes ...
Improving on your online poker play
Playing poker online takes a level of skill to make a profitable return on your gambling. To improve on how a person plays poker, ...
Techniques to Win at Online Poker
Playing poker online is the same as playing in a casino, with added features, in many poker casinos there are prohibitions in plac ...
Finding a winning strategy by finding player's weaknesses in poker
Poker players can significantly increase their win rate by tactically hiding their weaknesses, spotting those of others, and using ...
Apply good skills to make online poker easy
Playing games online moved from being only a fun-filled activity, especially since profitable games came into the scene. Casino ga ...
How to Play Online Poker
Poker is a game that has existed for quite a long time, however, its popularity rose at the beginning of the 20th century. Before ...
How skilled do you need to be to play poker or trade stock?
Poker is not simply a game of luck but an art that can be learnt and perfected given time. When one starts playing poker, everythi ...
Playing poker is useful for the brain
Any game that you love to play, it's vital to think of the health implications of engaging in that game, and poker is a prime exam ...
Contact Us
Grasp Gaming, 91 Springboard, George Thangaiah Complex, #21, 80 feet road, Indiranagar, Bengaluru 560038