10 Poker Gamers Who Wrecked – Poker Gamers Who Misplaced All the pieces

Over the many years, the nice sport of poker has made many poor individuals millionaires, in addition to costing a substantial amount of the wealth of others.

Whereas most tales are of both success or failure, there have been some who made huge cash at poker and misplaced it once more and went utterly broke.

Whether or not it is occurring the hook, enjoying lots of bets, or simply getting fortunate to earn a living within the first place, these are the tales of 10 poker gamers who misplaced all their fortunes after profitable it.

10. Archie Karasi

picture: youtube

A residing legend of the playing world, Archie Karas earned and misplaced extra money enjoying poker and different playing video games than most individuals see in his lifetime.

After a number of unsuccessful gambles in his youth, Karas got here to Las Vegas in 1992 with nothing however $50 in his pocket.

After rapidly dropping the $50 he had, Karas took a $10,000 mortgage from a pal who was additionally a gambler and rapidly managed to show it into $30,000.

And from there he simply stored on going.

Between 1992 and 1995, Karas performed poker for the very best stakes towards anybody, performing extraordinarily nicely in varied poker video games and crushing his opponents.

By 1995, he was a legend in Vegas, incomes almost $40 million in winnings from his preliminary $10,000 stake.

Nonetheless, issues started to show unhealthy for “The Greek”, whose fortunes started to show, largely as a result of he was not getting a lot motion on the poker desk.

As an motion junkie he wanted some play, so he would hit the craps and baccarat tables and make huge bets.

That is the place “The Run” ended, because it skilled two main losses in these video games, giving again almost $30 million of its complete bankroll in simply two nights.

The large decline ended too quickly for him, and was reported to have been utterly damaged after being one of many metropolis’s greatest conquerors by that point.

To this present day, Archie Karas stays a widely known identify in playing circles, however it’s also a cautionary story of what the playing sport can do for great poker gamers.

9. Stew Ungar

Stew Ungar
Picture: twitter/mister_morgz

Known as “The Child” by most individuals in his period, Stu Ungar might be one of many best poker gamers to have ever lived.

Having entered the playing world as a profitable gin rummy participant, Unger graduated in poker when all rummy video games dried up for him.

Unger had a photographic reminiscence, which made him exceptionally good at card video games and gave him an enormous edge over gamers within the 80s and 90s, who had been removed from being proficient at poker nowadays.

He turned well-known when he received the WSOP Foremost Occasion in 1980 and was rumored to have received over $30 million throughout his lifetime enjoying money video games.

But, as feared by his opponents on the desk, many took pity on him, as his cocaine dependancy and compulsive playing conduct stored him from changing into the true poker champion he needed to be.

Unger managed to return to the WSOP in 1997 and show his expertise as soon as once more, however his flaws ultimately received the higher of him.

Regardless of his huge win on the poker desk, Unger was discovered lifeless in 1998 in an affordable motel room, apparently on medicine and with no cash or property to his identify.

8. Brad Sales space

Brad Booth
picture: youtube

A lesser-known identify than Karas or Ungar, Sales space is a extra fashionable poker participant than a few of you might have seen enjoying towards the likes of Phil Ivey in reveals like The One. excessive stakes poker,

Regardless of not being as well-known as many different gamers of his technology, Sales space was really probably the greatest money sport gamers of the time and received some huge cash enjoying poker.

It’s estimated that he received wherever between $5–10 million within the early 2000s, solely to lose it through the Final Guess scandal.

Sales space is believed to have misplaced thousands and thousands within the rip-off itself and dumped the remainder of his bankroll in high-stakes money video games he could not afford to play, after which he was rumored to be utterly broke.

The rumors are more likely to be true as he hasn’t been seen enjoying poker a lot since then.

7. Eric Lindgren

Eric Lindgren
Picture: Twitter / WPT

A part of the favored “Full Tilt Execs” crew that based and maintained one of the vital profitable poker websites of all time, “E-Canine” was booming when poker was very younger.

Lindgren was doing fairly nicely for himself on the time, making thousands and thousands a yr from his sponsorships and much more cash from his poker winnings.

He was equally nice at event and money video games, profitable WSOP and different titles and making a good identify within the poker neighborhood.

By 2012, nonetheless, issues weren’t going so nicely for Lindgren, who was apparently mixing up sports activities betting and fantasy sports activities leagues.

His sports activities stakes had been within the a whole bunch of hundreds, and his debt lastly got here to gentle the day he was accused of owing $100,000 to a high-stakes fantasy sports activities league.

Since he couldn’t pay this or different money owed, Lindgren ended up submitting for chapter.

On the time, he formally had $12 million and presumably different money owed that had been off the books.

He additionally misplaced all of the income and earnings he made as Full Tilt Professional, which means he was in for over $20 million.

6. Gavin Griffin

Gavin Griffin
Picture: Twitter/WSOPMemories

I am going again from a giant poker character in Eric Lindgren to a extra obscure identify in Gavin Griffin, who was arguably probably the greatest event poker gamers of the early 2010s.

Griffin entered the poker scene in 2004 when he received the Pot Restrict Texas Maintain’em event at WSOP, changing into the youngest bracelet holder on the time.

In 2011, he received the Triple Crown, changing into the primary particular person to take action and making a reputation for himself within the poker historical past books.

Griffin had a really vivid future in poker forward of him, with sponsorship offers and extra on the desk.

As an alternative, he succumbed to playing risks, turned an addict, and wasted thousands and thousands received from poker to video games of probability.

At the moment Griffin talks brazenly about his playing dependancy and the way harmful playing could be.

His story serves as a cautionary story for all these younger poker gamers who make a fortune on what to not do with their hard-earned cash.

5. David “Chino” Ream

David Ream
Picture: World Poker Tour / Flickr, CC BY-NC 2.0

Winner of a number of WPT titles, the inaugural Epic Poker League occasion, and quite a few different event accolades, David Ream is likely one of the most completed event gamers round.

However, regardless of profitable over $11 million in event poker alone and nonetheless being an energetic poker participant, “Chino” had debt issues and was broke at a number of factors in his profession.

It’s troublesome to say precisely when Reem’s issues started, however it seems that they had been all as a result of dependancy to video games of probability and different vices similar to medicine.

By his personal admission, Reem was a gambler and addict who had little regard for cash and was more than pleased to take out a mortgage wherever.

All of it caught on with him at one level, when the poker neighborhood bailed him out of lots of his money owed.

When issues began to unfold, it turned clear that the $1 million prize he had received on the Epic Poker League event would not be sufficient to get “Chino” out of the opening he dug for himself.

Whereas he’s nonetheless in motion nowadays, it’s unclear whether or not he’s being staked and doubtlessly working off a mortgage that he accrued through the years of life solely for himself.

4. Scotty Nguyen

Scotty Nguyen
Picture: World Poker Tour / Flickr, CC BY-NC 2.0

Scotty Nguyen is likely one of the most colourful characters the poker world has ever seen. The WSOP Champion and Poker Grasp has had a profitable profession and fairly a number of falls alongside the way in which.

Again in 2014, Nguyen admitted in an interview that the majority of his poker winnings had been all the way down to playing, girls, and medicines.

As he testified, being well-known means getting acquainted with the various nice issues that include a hefty price ticket.

Not one to draw back from luxurious, the self-proclaimed prince of the poker world broke down greater than as soon as in his profession, reportedly having to borrow $5 to tip his valet sooner or later.

All that stated, Nguyen stays a profitable determine to this present day, and his days of breaking into the on line casino pits are behind him.

In keeping with the champion, he has no regrets!

3. Tom Dwan

tom dwan
picture: youtube

Tom Dwan is a real legend of the poker neighborhood.

When he was simply a youngster, Dwan beat virtually everybody on the on-line poker desk and rapidly went on to win thousands and thousands at Full Tilt Poker.

His run lasted a very long time, and regardless of dropping a big sum of money in on-line money video games a number of occasions, his screennames all the time remained within the inexperienced.

That stated, Dwan’s breakup was reported on a number of events all through the years, though these stories had been by no means utterly confirmed.

At the moment, Tom Dwan is way from damaged, as he repeatedly performs and thrives in among the world’s highest stakes money video games.

He has just lately made new appearances on tv poker reveals, enjoying a brand new and evolving model of poker and proving to the poker neighborhood that he nonetheless has quite a bit to compete with.

2. Gus Hansen

Gus Hansen
Picture: Twitter / Gus Hansen

“The Nice Dane” is likely one of the most infamous losers on this planet of on-line poker.

A reside event poker champion, Gus Hansen has earned extra event titles than most gamers of his technology.

Extra importantly, the Danish champion is likely one of the most profitable gamers within the Stay Money sport, repeatedly enjoying in Bobby’s room and reportedly doing very nicely.

Nonetheless, on-line poker noticed Gus Hansen utterly spoil his luck.

In complete, he has misplaced over $20 million in on-line poker, making him one of many greatest losers within the historical past of the sport.

All that stated, Hansen’s unfavourable stability in on-line poker lags far behind him now, and the truth that he as soon as broke via enjoying on-line poker does not imply he is a foul participant.

In truth, even right now, “The Nice Dane” stays one of the vital high-stakes money sport gamers globally, particularly in terms of blended video games.

1. Victor Blom

Picture: Twitter/VictorBloom

Swedish poker participant Viktor Blom beneath the username “isildur1” shocked the world in 2009 when he got here out of nowhere and began enjoying the world’s greatest gamers for large bets.

Utterly nameless on the time, “Isildur1” constructed his bankroll from scratch at Full Tilt Poker and made a whole bunch of hundreds enjoying within the decrease again.

He then challenged residing legends of the game similar to Phil Ivey, Patrick Antonius and Tom Dwan to guide the NALH and PLO video games.

He usually performed six or extra heads-up video games towards these gamers on the similar time, and the stakes had been very excessive.

On December 8, 2009, Blom’s FTP account grew by over $2 million, and issues had been trying nice for her.

Nonetheless, simply 5 hours later, he suffered a $4.2 million loss from poker professional Brian Hastings, who had reportedly picked up his sport with some fellow professionals and realized the way to play virtually good towards him.

Looking back, Blom was in all probability operating too scorching for days and hit a tough patch towards Hastings, who was additionally nicely ready for the match.

Regardless of breaking apart on that event, he continued his poker profession with appreciable success, profitable cash each reside and on-line for years to return.

Nonetheless, the story of “Isildur1” warns younger gamers who aren’t too cocky and play past their bankroll – and towards gamers of excessive potential – with out warning.

Foremost picture: World Poker Tour/Flickr, CC BY-NC 2.0

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