February 22, 2008
- If you've ever wondered how quick money can go in a
game of high-stakes poker, just watch some of the action
over at Full Tilt Poker. One player by the screen name of
Seda1 knows it all too well. A main topic on the forum
threads at the popular poker site, 2+2, has been an apparent
rivalry taking place between high stakes pro, Phil Ivey, and
said player, Seda1.
Apparently, Ivey took Seda1 for a loss of $600,000 over
the course of a six hour square-off on the $500/$1,000
No-Limit Hold'em tables. In an attempt to recoup some losses
(double or nothing, so to speak), the two money-spewing card
sharks faced off again - this time around being a little
more friendly to Seda1. Although final totals for the round
have not been tabulated just yet, Seda1 did indeed win a
$195,000 pot. However, Ivey took home the largest pot of the
day - valued at over $250,000.
In what appears to be a personal grudge, far reaching
ego's, or simply, intense competitiveness and virility (not
to mention too much money to know what to do with), the
face-off has seemed to quiet down for the time being. If the
two keep it up, they could probably charge admission to
watch another high-stakes death match showdown. All I can
say is that when you add it all up, the losses and wins are
probably no different to somebody who is playing much
smaller stakes poker games.
What I mean is that for somebody who can throw around and
afford to lose several hundred grand, earning several
hundred grand is not going to be life-changing. It's simply
more money to gamble, throw away and keep up a particular
lifestyle that we all know can't buy happiness. Just like $5
was a huge amount of money to me when I was ight years old,
and $5,000 is now a huge chunk of change, $50K to a
millionaire is loose change. It's all relative.
To me, a six hour face-off with those types of losses
sounds more like clashing egos. But it's not supposed to be
about the money anyways, right? Isn't that what they say?
It's the competition that matters the most in online poker.
Well, I just hope that nobody loses sight of the true value
of money because of competition and greed. That said, Ivey
and Seda1, why don't you guys slow it down? Couldn't you
just start a worthwhile foundation or something?
2008 | Categories: