phil galfond down $680,000 on pokerstars

#1 27th January 2012, 2:06 PM

Hes busted his entire bankroll of $680,000 on pokerstars. This is a poker professional and he was lead pro at bluefire poker so obviously somebody with knowledge of strategy and this was a downswing in 100/200 plo, watch his video...
http://www.philgalfond.com/sometimes-i-lose/

#2 27th January 2012, 3:33 PM

Yeah, so?

Its like 1 std dev in the games he has played lately.

#3 27th January 2012, 4:56 PM

Actually the video is very good. He has some great insight into dealing with a downswing.

#4 27th January 2012, 5:23 PM

Yeah shows the variance in poker, even from the best.

Great video on downswings I agree, he seems like the type to deal extremely well and therefore another reason for his great success.

#5 27th January 2012, 9:14 PM

Will watch this later. Really like Phils attitude and he's obviously a very talented player. More proof that PokerStars is rigged imo. ()

#6 27th January 2012, 9:33 PM

100/200 PLO means $20,000 is 100BB so $600,000 is 30BI?

What am I missing?

#7 27th January 2012, 9:58 PM

Quote:

Originally Posted by jbbb

100/200 PLO means $20,000 is 100BB so $600,000 is 30BI?

What am I missing?

Exactly.
600k is nothing.

#8 27th January 2012, 10:03 PM

I can't help but feel for Phil ....But whatever ..he's Phil and with no time at all he'll be blasting back, making more money in a couple of hours than I'll ever make in a month.

#9 28th January 2012, 1:41 AM

Quote:

Originally Posted by jbbb

100/200 PLO means $20,000 is 100BB so $600,000 is 30BI?

What am I missing?

PLO being the biggest game of variance by far. He said practically over a day and a half in the span of two different sessions.

Also could have been playing deepstack, who knows.

#10 28th January 2012, 3:14 AM

I Highly recommend watching the video.
I was getting my feet wet at carbon seeing how the players play seeing how the tables ran. Trying to figure out how to find sng's and tourneys to my liking and ended up losing $20.80 out of my original deposit of $25 in 5 days of play I was really depressed cause I usually win enough to keep me in buy ins. Then I opened up cards chat this this morning and saw the post and watched it. ENOUGH SAID

#11 30th January 2012, 4:18 PM

i guess after this loss he is only up for 2 mil from last year i cant help but feel bad for him

#12 31st January 2012, 4:42 AM

Quote:

Originally Posted by essambb

i guess after this loss he is only up for 2 mil from last year i cant help but feel bad for him

What there to feel bad about, he is still up 2 million you say

#13 31st January 2012, 4:49 AM

Quote:

Originally Posted by ckickenking

What there to feel bad about, he is still up 2 million you say

He had to leave his apartment slide behind so he could move to Canada and play again, that's pretty bad I guess...

#14 31st January 2012, 5:36 AM

Wonder how he was doing in G-Bucks???

#15 31st January 2012, 11:51 PM

its good to have friends like tom dwan and phil ive to borrow money from btu he is good player thou he will bounnce back

#16 4th February 2012, 7:20 AM

USA and playing on Stars?

#17 4th February 2012, 8:09 AM

Quote:

Originally Posted by Formula330

USA and playing on Stars?

He moved to Vancouver along with many others to continue playing.

#18 4th February 2012, 8:15 AM

Quote:

Originally Posted by OzExorcist

He had to leave his apartment slide behind so he could move to Canada and play again,

Quote:

Originally Posted by Formula330

USA and playing on Stars?

Read the post above.. (LOTS of US players have moved to other countries to play online).

Haven't watched the link yet but do know that Phil Galfond was the big winner for the week ending Jan.20th, with profits of $299k. Doubt he's doing too bad.

#19 4th February 2012, 8:19 AM

Quote:

Originally Posted by Poker Orifice

Read the post above.. (LOTS of US players have moved to other countries to play online).

Haven't watched the link yet but do know that Phil Galfond was the big winner for the week ending Jan.20th, with profits of $299k. Doubt he's doing too bad.

Well, PO watch the link. He busted his whole Stars roll in two long sessions. He's not hurting in real life or anything but he is most definitely down for the moment in poker. He admitted to busting his Stars roll in the video.

#20 9th February 2012, 11:00 PM

Found a follow up post on Phil's site. Wonderful viewpoint on what's important in poker and life. Phil is so damn smart and analytical. Hmm, maybe that's why he's so good at poker?

http://www.philgalfond.com/it-always...nce-doesnt-it/

#21 9th February 2012, 11:44 PM

Thanks. Nice video. Amazing how he talks about losing $340K in one session and then another $340K in another one like if it were 340$. This guy must have a LOT of money.

#22 9th February 2012, 11:49 PM

Quote:

Originally Posted by alaskabill

Found a follow up post on Phil's site. Wonderful viewpoint on what's important in poker and life. Phil is so damn smart and analytical. Hmm, maybe that's why he's so good at poker?

http://www.philgalfond.com/it-always...nce-doesnt-it/

Very interesting read. Thanks for posting.

#23 10th February 2012, 12:34 AM

wow love the honesty in his video (poker deameanor 101 = pass) great to hear a pro tell it like it is and how it happens and what to do to get back on track.A real pro in my books thanks for the link OP

#24 17th February 2012, 1:36 PM

Quote:

Originally Posted by alaskabill

Well, PO watch the link. He busted his whole Stars roll in two long sessions. He's not hurting in real life or anything but he is most definitely down for the moment in poker. He admitted to busting his Stars roll in the video.

But why would he play with 30BI? It's clearly not his whole roll because pro players use good BRM. If he only had 30BI he'd drop down to a level he has 200-300BI.

#25 17th February 2012, 1:54 PM

I find it hard to feel sorry for some one with 2mill up and a slide in house...

But its nice to see he's human, he bleeds! wtf?, also makes me realise if by the grace of god i somehow ever get near his stakes i would never play nosebleeds even if i had the oppurtunity and with omaha on top of it......**** that

I love the guy mind hope he starts winning so i can see a good movie on him in a few years with a happy ending, i dunno why but his voice like barry greensteins, is like an instant tilt cure for me.

#26 17th February 2012, 4:31 PM

Quote:

Originally Posted by jbbb

But why would he play with 30BI? It's clearly not his whole roll because pro players use good BRM. If he only had 30BI he'd drop down to a level he has 200-300BI.

Did you actually listen to what he said in the video? He is not broke in real life. Yes he can get more money onto stars. He busted all of the money that he had on stars. Is that his whole poker bankroll? I don't know. Obviously someone would stake him so in that sense no.

I'm just going off of what he said on the video and he said he lost all of the money that he had on stars. Also, if you read things that he has written in the past (especially his well on 2+2) he freely admits to playing underrolled.

Finally, if you check either highstakes database or PTR he hasn't played since the blog.

#27 17th February 2012, 6:45 PM

I have lots of respect for Phil and he's definitely one of my favorite players. He has a deep understanding of multiple games and as posted above his well on 2+2 is one of the better threads there.

Similar Threads for: phil galfond down $680,000 on pokerstars > Texas Hold'em Poker
Thread	Replies	Last Post	Forum	Thread Starter
Phil Galfond Charity Tournament on Pokerstars	1	11th March 2012 5:46 AM	General Poker	JamesDaBear
Phil Galfond video blog	0	14th January 2012 5:12 AM	General Poker	alaskabill

Play Texas Hold'em Online Poker \| phil galfond down $680,000 on pokerstars
PokerStars is one of the best places to play poker online. Use PokerStars marketing code CCHAT for a $600 bonus. Note: No US Players Accepted.	Carbon Poker operates on the popular Merge network. This is a great site for freerolls. Get a bonus of 150% upto $750 using Carbon Poker coupon code CC750.