1. #1
    rockmvp1209
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    Michael the grinder Mizrachi broke

    hes been seen lately playing 175 dollar tournaments and 5/5 NL cash.... dude mustve busted his roll...crazy is he has 15 mill in tourney winnings...heard he owed tax money and buys crazy shit..guess it caught up...also baccarat too..

  2. #2
    sweep
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    source?

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  3. #3
    Cuse0323
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    Eh, someone will always stake him. Eventually he will be broke when he's old, and no one gives him money. He was broke years back too then won some tournaments and was supposed to be back. Gonna be tougher now. I doubt he's really broke though. May not be rich.

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  4. #4
    stevek173
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    Michael Mizrachi Net Worth






    Net Worth:$11.2 Million

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  5. #5
    jjgold
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    all end up broke

    why????????

    Poker is gambling

    Twos net worth sites are 100%%%%%%%%%%%%%%%%%% inaccurate on all people

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  6. #6
    Cuse0323
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    Quote Originally Posted by stevek173 View Post
    Michael Mizrachi Net Worth






    Net Worth:$11.2 Million

    Maybe poker winnings they know about, and some assets. Not the money he pissed away elsewhere.

    I think he has an apparel company, or something though. That can at least give him a bit of cash, or get garnished by whoever he owes.



    He seems fine on twitter. When people say poker players are broke, they never are. Just not as rich as one would expect.

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  7. #7
    stevek173
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    He got 2nd for $218k in a WPT event April 9th alone

    This thread is erroneous
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  8. #8
    jjgold
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    He is broke

    All bums and degenerates

    Those net worth sites do not account for loses

    POKER IS A GAME OF RISK

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  9. #9
    stevek173
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    No, he's not

    IT IS A GAME OF SKILL COACH

    I do NOT like your tone man

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  10. #10
    sweep
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    Some Norwegian Casino just named him their poker ambassador.....he's fine, plus he has a million sponsors and was playing nose bleed NLH on Poker Night in America on Poker Go

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  11. #11
    Cuse0323
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    I wish Tony G would come back. Just had to get into politics, and philanthropy.

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  12. #12
    RudyRuetigger
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    steve just keeps showing what a square he is

    remarkable

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  13. #13
    jjgold
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    SteveyK I WILL SNAP YOU IN HALF

    WHERE ARE YOU RIGHT NOW????????????????????????

    I CAN BE ON HIGHWAY IN 10 MINUTES

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  14. #14
    stevek173
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    Philly

    Come at me bro
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  15. #15
    jjgold
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    Lol

    A lot of tough guys in the thread

    Verified too

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  16. #16
    mpaschal34
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    Leave JJ alone. He knows the life of poker himself. If you recall, he considered himself a poker pro for about 2 days.
    Nomination(s):
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  17. #17
    jjgold
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  18. #18
    daneblazer
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    They are broke because they are degenerates and can’t walk by a craps or baccarat table without dumping their poker winnings on it. Poker skill and money management are two entirely different things.

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  19. #19
    Cuse0323
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    Quote Originally Posted by daneblazer View Post
    They are broke because they are degenerates and can’t walk by a craps or baccarat table without dumping their poker winnings on it. Poker skill and money management are two entirely different things.
    Damn casino places all that right near the exit. I guess I could go the long way out. One of the last times I played, I turned $100 into $970 sitting there for hours. Wanted to get to an even 1K cause I'm dumb. So, play some BJ and 3 minutes later I have nothing. Fck, that one still hurts.

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  20. #20
    jjgold
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    very few win at poker long term same as sports

    winners are card counters, scalpers in sports, video poker pros that play perfect

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  21. #21
    cankid
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    So many don't own their entry, they are pieced off many times over

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  22. #22
    Crusherrr
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    The Grinder never bought himself into tournaments anyways. Either sponsored player or he'd sell his entries at 40% markup. Then he'd only keep 30% of himself so whether he cashes in the tournament or not he profits.

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  23. #23
    SharpAngles
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    Last I heard his wife Lily was dealing 2-4 limit Holdem in Miami area casinos

  24. #24
    ChuckyTheGoat
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    Would love to see a JJ/Stevie charity Wrestling match. Would pay $20 to see it.

    Don't like the facts presented in this thread. $175 tournament doesn't mean he's broke. At WSOP, I played in some $235 tournaments. Based on schedule, some of the hi-end guys would enter this tournament. Played right next to Kassouff.

    That said, if there was more substantive evidence, I would believe that Grinder was broke. Look at some of his play. He would often just bet to the hilt, looking for a Fold when he had air + thought his opponent might not be nutted.

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  25. #25
    ChuckyTheGoat
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    Quote Originally Posted by SharpAngles View Post
    Last I heard his wife Lily was dealing 2-4 limit Holdem in Miami area casinos
    Point me in the right direction. She has big-cans.

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  26. #26
    daneblazer
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    Guy was eating Hardee’s and drinking Busch Lite at the bar. He’s broke

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  27. #27
    GUMMO77
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    Quote Originally Posted by ChuckyTheGoat View Post
    Point me in the right direction. She has big-cans.
    I heard it was the Magic City Casino in Miami. I played there a few times when I was too lazy to drive to Hollywood. The casino is average at best.

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  28. #28
    SharpAngles
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    Quote Originally Posted by ChuckyTheGoat View Post
    Point me in the right direction. She has big-cans.
    Lol yes she's legendary. Reminds me of the first time I saw the grinder playing a cash game at commerce way back in the day. She was sitting behind him sweating the action and I thought to myself his girls face is kinda beat I wonder why he's with her. She got up to grab him a drink a while later and I realized his angle. Salud grinder well played



  29. #29
    Crusherrr
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    Turns out a quick google search shows "Mizrachi also had two residential properties in Florida foreclosed on including a condominium he owned with his brother, Robert. In 2016, Aidiliy Mizrachi, his wife,divorced Michael for irreconcilable differences."
    Looks like his jewish american princess of a wife took him for all he was worth. Poor guy. His brother Robert was always the better player anyways.

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  30. #30
    rockmvp1209
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    did i mean flat broke no. but for a guy who almost has 20 milli in tournament earnings....to be playing 175 dollar tournies and 2/5 no limit on the reg is crazy ....i remember he was on high stakes poker with his bob marley Jamaican hat on with a million infront of him... weeeeeeeeee. and his wife is a poker dealer? damn...yes correct his ugly brother rob is a beast tho

  31. #31
    Crusherrr
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    Quote Originally Posted by rockmvp1209 View Post
    did i mean flat broke no. but for a guy who almost has 20 milli in tournament earnings....to be playing 175 dollar tournies and 2/5 no limit on the reg is crazy ....i remember he was on high stakes poker with his bob marley Jamaican hat on with a million infront of him... weeeeeeeeee. and his wife is a poker dealer? damn...yes correct his ugly brother rob is a beast tho
    $16,000,000 in tournament cashes. Likely at least 50% did not go into his pocket. That's $8,000,000 left. I'd be surprised if he didn't buy in to at least $3,000,000 of MTT's himself. Add in taxes and travel/hotel and some properties and luxuries over the last 13 or so years he was on the grind and it's pretty easy to see how he went broke.

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  32. #32
    jjgold
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    You guys dont realize most of this prize money is accounted for with taxes, expenses loans etc.

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  33. #33
    jtoler
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    Broke is a state of mind, Mikey's rich if he believes he's rich, lol.

  34. #34
    Optional
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    I don't know how US poker pros can survive paying 30% tax on winnings and not being able to offset gambling losses against it.

    Plus the tipping on cash tables seems to make the math of that not work to me too.

    No tax on gambling and no tipping allowed for dealers are rules I like.

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  35. #35
    sinmiedo
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    Quote Originally Posted by jjgold View Post
    all end up broke

    why????????

    Poker is gambling

    Twos net worth sites are 100%%%%%%%%%%%%%%%%%% inaccurate on all people
    There is a big content of skill and a small of luck involve in poker.Any decision that involve risk/reward is by nature GAMBLING, best example : any Businesses.
    A big majority of player have skill to play but poor bankroll management, in order to be successful in poker you need all of the above, skill,luck and managment.
    Sin

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