or he is getting staked and keeps only a percentage of the money which from that only pockets change because he owes out a lot of money.Originally Posted by sweep
Final table a $50k event only to net $61k before taxes .......He's playing for prestige, not cause he's broke
I can't name people because i don't know. From what i hear the rumors are true. Believe what you want to believe at the end of the day if he has 200 mill or 2 mill doesn't make a diff to either of us.
Seems like a incredibly odd thing for others to worry about!! I’ve had money then been broke again like 20-30 times in this life, not sure why anyone would care? I certainly don’t!! Lolor he is getting staked and keeps only a percentage of the money which from that only pockets change because he owes out a lot of money.
I can't name people because i don't know. From what i hear the rumors are true. Believe what you want to believe at the end of the day if he has 200 mill or 2 mill doesn't make a diff to either of us.
People do not understand gambling holds no prisoners regardless of wealth
Mega wealthy people have lost everything due to gambling and bad investments
sweep, tell me it wouldn't be nice to be at that final table.
he came down to Australia for those tournaments, and i have been told hes a baccarrat fiend. makes sense hes broke
Anyone that thinks he's broke knows nothing. He runs some of the biggest PPPoker clubs in the USA. Wouldn't be surprised if he was making $10k a day off them minimum.
Absolutely. Im done trying to talk about anything except sports betting on SBR cause when you do, you have every tough guy Tom, dick, and harry come busting your balls but mike mizrachi is far from broke. And who really gives a penetrate? Focus on your own money.Anyone that thinks he's broke knows nothing. He runs some of the biggest PPPoker clubs in the USA. Wouldn't be surprised if he was making $10k a day off them minimum.
theres plenty of players that make a significant amount more than you that are still broke.Anyone that thinks he's broke knows nothing. He runs some of the biggest PPPoker clubs in the USA. Wouldn't be surprised if he was making $10k a day off them minimum.
low discipline + serious cash flow = death at times
good thread.
mike is a very good tournament player. very very aggressive but people still fold even knowing that. i'll have to think of the math on that.
i think he is a little tainted by his support of chino rheem, a truly despicable human being.
curious on the taxes. i thought there were all kinds of problems on timing. you will always pay taxes on winning years. losing years are iffy as to getting benefit for them in other years. and i don't think there's any serious expectation of making a profit on black jack so i wonder if they are deductible.
how do taxes work when you sell 70% of yourself for 100% of the entry fee? do you just pay taxes on the winnings and pay your investors a net of taxes figure?
I think Rheem stakes or helps find stakers for Mike and a couple of his friends.... Including the woman who got into it with 6 high like a boss.... Another clown.good thread.
mike is a very good tournament player. very very aggressive but people still fold even knowing that. i'll have to think of the math on that.
i think he is a little tainted by his support of chino rheem, a truly despicable human being.
curious on the taxes. i thought there were all kinds of problems on timing. you will always pay taxes on winning years. losing years are iffy as to getting benefit for them in other years. and i don't think there's any serious expectation of making a profit on black jack so i wonder if they are deductible.
how do taxes work when you sell 70% of yourself for 100% of the entry fee? do you just pay taxes on the winnings and pay your investors a net of taxes figure?
Not Sure where anyone gets off talking shit, hating, throwing shade on human beings they don't know. Typical loser shit
I haven't spoken to any mizrachi in years though. He very well could be broke. Its just way over my head why anyone would give a penetrate.
Oh wait, what am I talking about. It makes total sense that a website full of losers (active posters - seems like the winners dont post opinions)
throw shade at other gamblers they don't know - trying to make themselves feel better.
whats worse? discussing a guy of relative fame, or discussing a bunch of people that are talking about him.Oh wait, what am I talking about. It makes total sense that a website full of losers (active posters - seems like the winners dont post opinions)
throw shade at other gamblers they don't know - trying to make themselves feel better.
go figure
fyi i have no care in regards to his financial status. when he was down in australia, his hosts (whom were on my poker table) were talking about how they were playing baccarat on the table, so i merely wanted to share.
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