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WSOP Online Day 3 chip counts. Recognize anyone?
Tikay10
Member, Administrator, Moderator Posts: 171,974
Here's the leading chip counts after Day 3.
38 players remain, with $4 million to the winner.
38 players remain, with $4 million to the winner.
Comments
(no 2 btw)
Tough line up with Rolle and Piccioli in there.
Payout table is here @PKRPar
Hi Spicey,
I honestly have no idea. There's been no takers on his Twitter feed, but maybe there's been some done via DM's.
He is an experienced player, both Online & Live, in the latter he has played all over the world, here's his "THM" (list of "Live" poker cashes);
https://pokerdb.thehendonmob.com/player.php?a=r&n=301981
It's really hard to say. Personally? No, for me, when buying action, I always preferred to do it before the event starts, & I almost never pay above par. Logically (in my mind), we've missed the boat by buying at this stage, the value has long since sailed. The value is BEFORE it starts. But I'm out of date with these things, so I've no idea.
You might be surprised to know that it used to be the case - maybe still is - that ad-hoc investments of this nature in poker take place informally, just a "virtual handshake" online - no contracts or the like. Many, many players have had their fingers burnt, believe me. The player first has to bink big, & then he has to be trusted to pay up, & that's not always the case.
I could give you 100's of examples, but a lad named Chino Rheem probably tops the bill. He's pulled more staking scams than enough - usually straight up refusing to pay, but in one famous incident people were curious as to the strange way he busted out. He claimed he lost with A-K v A-A, but it was later revealed he had cold 4 bet jammed 95 Bigs all-in with K-10. Why would he do that? Because he had sold 150% of his action. In other words, if the entry was $10,000, he had sold 150% of $10,000, so he would obviously be dumping off his chips as he could not afford to win. If he won, say, $1,000,000, he'd be on the hook for $1,500,000 to his stakers. (depends on mark up).
Here'a a typical Chino scam;
Most notably, Guy Laliberte himself backed Rheem’s entry into the WSOP’s $111,111 Big One for One Drop tournament. However, Rheem allegedly not only took the funds and lost it at a high-stakes baccarat table but also allegedly sold additional shares of himself to others.
google Chino Rheem poker staking scam if this sort of things interests you.
Fascinating topic, & perhaps one we should return to, & on a new thread.
Probably best to ask the younger guys what the current scene is, I'm a little out of touch with the scene now.
I must emphasise none of this refers to Michael, who has an exemplary record in poker as far as I am aware, & I hope he gets the lot.
Quickly on the Chino Rheem thing and he is likely the most well-known scammer. It is fascinating, how that guy is still has legs to walk with I do not know. Have and continue to be stunned at the level of trust in poker. It's like no other business or game.
Watched a couple of interviews with him at the time it was talked about on another poker forum. He looks shifty, 'dead in the eyes' and soulless.
This interview is one I spotted previously. Not a great interview by any stretch however it seems like he is almost waiting for someone to walk past and ask for their money back.
The words he uses when talking about his debts and paying back don't appear to have any feeling behind them.
Shifty starts 30 seconds in and is a constant in the interview.