This is a discussion on Patrik Antonius shares the details of his $500K downswing within the online poker forums, in the Poker News and Events section; Does it get any worse? Only winning one hand in five hours, drop $500,000, food poisoning, loss of a loved pet?
I hate to say it
High stakes run bad shouldn't feel any different than other stakes if properly bank rolled, right? So does this mean there's something else going on behind the scenes for Antonius?
I wonder how many people are "properly bankrolled" to handle a 500k downswing???
One of the things that makes Poker, especially high stakes, confusing, is that "we" really never know exactly what financial arrangement these guys have set up. I imagine that patrick was holding too much of himself, that is why this is hurting so much.
Many times the Tournament Pro's who play all the big tourney's are not risking much of their own money. They sell, swap, cross-book, and take plenty of precautions so that they will not get wiped out by a huge downswing.
Saying all of that, this might not be the case with the old school guys. They are not really considered to be the "top of the food chain" any longer. It might be more difficult to lay off a huge percentage of your action. You know the Ike Haxton and Fedor Holtz 's of the Poker world, put and keep many guys in action but they only support the GTO theory based guys. Definitely not the "Old School Pros"
He really seems to feel terribly in the video , very sad , this downswing must have cost him a lot , plus it's his dog loss.... But it's Patrik Antonius , I believe if he can't recover by these unfortunate strikes of luck at the poker tables , noone can
re: Poker & Patrik Antonius shares the details of his $500K downswing
This is actually a good thing for Patrik. His fans get the unique chance to witness his difficulties, see that he is an imperfect human who also struggles with emotion, and become more curious in seeing him rise up again.
He will bounce back, and when he does, he will be respected even more.
The money can be replaced eventually. I feel sorrier for Patrik with the loss of his dog.
Me too that's what I was thinking because all of us that have lost a dog or a pet at any time knows how hard that can be........ although I did think a little odd that he said he doesn't get excited or anything if he would win that much money it only affected him when he lost. I wonder how he can keep going playing if he doesn't get excited or happy if he wins 500k LOL he must really have a lot of money
In this spot being a known pro acted against him imho. A nobody Joe Schmo could have stepped down some levels and maintained proper bankroll management. He was under some sort of pressure (real or imagined) by peers to stay in that top game, but it was a mistake. It proved to be a costly mistake too.
I would bet Patrik is painfully aware of this after the fact making him a bonified super hero to share this as a lesson for all of us- shark and fish, whale and minnow alike.