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Old 07-28-2005, 05:07 PM
HentaiGaijin HentaiGaijin is offline
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Join Date: May 2004
Posts: 118
Default Re: Who loses in the \"Big game\"?

[ QUOTE ]
All these pro's playing in the Big Game.. Who are they taking their money from?

How do these games remain fishy enough to be profitable.. Texas Oil Billionaires and Michael Jordan?

[/ QUOTE ]

Read "One of a Kind" the story of Stu Ungar and "The Professor, the Banker, and the Suicide King." These books shed a lot of light on the dynamics of the big game.

1) The regular players (Doyle, Reese, etc) all have a lot of side action. Sports betting, golf betting, etc. Reese & Doyle in particular work together a lot to cover each others action in sports betting. As such, they are often up and down against each other or into each other for various side bets. They are, in effect, playing a large pool of cash of which a portion moves between the big players. One of the players might win a big ticket at the tracks and then distribute a little bit of the money in the big game later, etc.

2) While rich tycoon types sometimes sit at the big game, but they also often challenge the big game players to heads up games. Andy Beal is the most well known, but by far not the only one. These side matches also infuse the big game with additional cash.

3) Players at the lower games sometimes take shots at the big game. Harmon, for example, had to take several shots before she was good enough to stay (she talks about this in "The Professor..."

So there are quite a few ways that new money gets into the big game.
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