Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

What did you guys think of the article? I was amazed how Erik Sagstrom(AKA Erik123 at Pokerstars) was able to pocket $5 million over the course of three years playing online poker. HOLY COW!!!! I liked the way the article ended.

"But I genuinely root for Erick and Josh. The bond of friendship is more important than the money, because we're all going to make enough money anyway." -Negreanu.

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

I'm going to out on a limb and say that I'll need a LOT of convincing to believe that he made $5 million in 3 years playing online poker. Not sure if "able to pocket" implies after tax, if so that's obv even more unbelievable.

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

Who cares? Eveyone who reads Maxim is gonna want to make $5 million playing poker now.

Also, this should be in NVG or Internet.

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

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Who cares? Eveyone who reads Maxim is gonna want to make $5 million playing poker now.

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Although I am still interested in whether it's possible or not, you make a [censored] good point!

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

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I'll need a LOT of convincing to believe that he made $5 million in 3 years playing online poker.

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I made a mistake. I meant OVER $5,000,000.

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

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I'm going to out on a limb and say that I'll need a LOT of convincing to believe that he made $5 million in 3 years playing online poker. Not sure if "able to pocket" implies after tax, if so that's obv even more unbelievable.

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Couldn't he have had, er, help?

b

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

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I'm going to out on a limb and say that I'll need a LOT of convincing to believe that he made $5 million in 3 years playing online poker. Not sure if "able to pocket" implies after tax, if so that's obv even more unbelievable.

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eric123 won the WCOOP on Pstars I believe which definitely helped his winrate. Also I am pretty sure he was not based in America when he was playing (I also think he was 19 when he won) All this can be confirmed or denied in the WPT forum.

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

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I'm going to out on a limb and say that I'll need a LOT of convincing to believe that he made $5 million in 3 years playing online poker. Not sure if "able to pocket" implies after tax, if so that's obv even more unbelievable.

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He's not from the US, so I'm not sure what taxes have to do with anything. He lives in Linkoping.

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

he lives in Linkoping and is just now 21. There is, as far as I can tell from my quick research, no tax on gambling winnings in Sweden.

Gavin

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

He also did well in the $1k and $5k HU sit n go's.

But yea, what Gavin says has the most to do with it

A) He's 21
B) He's Swedish (no taxes on gambling)

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

Correct me if I'm wrong anyone. I think United States is the only country that taxes gambling winnnings. I haven't heard of any other country taxing their gambling winnings. I know, from hearing other people on 2+2, that people living in Canada and Europe don't pay taxes on their gambling winnings.

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

Sagstrom says there's another factor at work: To him it's not a game. "Some people in the U.S. play for fun," he says. "I play to win."

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

if you live in canada, and they deem that you are gambling for a living, you are required to pay taxes.

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

You're incorrect regarding Canada. If you do it for a living, it's taxable. If it's not your main job, it's not taxable. Nothing authoritative there, but that's the gist of what I've picked up from reading Canadians talk about it here.

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

Yes, no one cares about South Africa but here goes. Just about everything in South Africa is taxable. Including gambling winnings.

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

WTF? How did this go this long without someone saying WRONG [censored] FORUM YOU DUMBSHITS!!!

Re: Anyone read the new Maxim article: Three Kings: The Poker Pack?
 

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Also, this should be in NVG or Internet.

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