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jul
28

2017 WSOP Main Event winner’s friends now $40K richer from $60 investment

Tags: 2017 WSOP, Scott Blumstein, staking
Posted on Friday, July 28, 2017 by "T".
The 2017 WSOP Main Event winner Scott Blumstein actually isn't the only man benefiting from the deuce on the river that took out Dan Ott on the final hand of poker's biggest tournament of the year. The world poker champion won for each of his four friends $40,750 out of the $8,150,000 he won, their massive reward for investing a tiny $60 a piece to support his $10,000 buy-in to the tournament. Al[...]   Read more » 2017 WSOP Main Event winner’s friends now $40K richer from $60 investment

  28-Jul-17, 12:48   #1
2017 WSOP Main Event winner’s friends now $40K richer from $60 investment +1 
waoz 

Joined: Jun '11
Location: Venezuela, Bolivarian Republic of
Age: 39 (M)
Posts: 204
Wow ... eso si es un amigo ... fue mucho mejor de USD $ 60 que haya echo en su vida .. felicidades a los 4 fantasticos. Jejeje

------------
Wow ... that if it is a friend ... it was much the best bet of USD $ 60 that I have done in his life .. congratulations to the 4 fantastic ones. Jejeje

Edited by waoz (Friday, July 28, 2017 @ 12:49 GMT)


     
  28-Jul-17, 15:48   #2
  0 
av1966 
Joined: Mar '09
Location: Portugal
Age: 51 (M)
Posts: 1673
Hello my friends and fellow mobsters

This is a major return on a small investment Thumbs Up Thumbs Up Thumbs Up only wish that my investments have the same return ,half of the return will be already nice Thumbs Up Thumbs Up

The friends show support to their buddy and they got the reward or there where trying to win back the money that he won from them in home games Big Smile Big Smile Big Smile

In this case everybody is happy and that`s what really matter

     
  28-Jul-17, 16:43   #3
 
This post by Nightkid has been removed, probably due to being spam or because it was irrelevant to this topic.
  28-Jul-17, 17:13   #4
  0 
Calmplay 

Joined: Apr '08
Location: Mauritius
Age: 53 (M)
Posts: 3910
Well they had huge trust that he could make big money and they got rewarded much morethe maximum to be precised, even if I could afford to spend $60 like I'm buying some candies at the candy store I would not invest even in Negreanu or Ivey in such huge field event....



     
  28-Jul-17, 17:35   #5
  0 
pajalnick 

Joined: Mar '11
Location: Russian Federation
Age: 45 (M)
Posts: 4099
Of course it's very nice when the person you've invested in just $ 60 brings you a good profit ... but it's certainly very risky and then you need to be either a friend of this person or very believe in his victory

     
  28-Jul-17, 19:48   #6
  0 
Tony_MON7ANA 

Joined: Mar '14
Location: Japan
Age: 43 (M)
Posts: 6334
Wow! What an incredible return on such a small investment!
Massive congratulations go out to all the winners and their financial backers involved in the 2017 WSOP event. Good luck to all aspiring poker players next year!

     
  28-Jul-17, 20:42   #7
  +1 
Mober 
Joined: Mar '09
Location: Greece
Age: 40 (F)
Posts: 11735
A 60 dollars bet, or support, or share Smile that can bring you a small fortune.
And of course when you have someone you know, that is going to play in wsop,
you are doing this exactly. You buy a share if you can. You never know the outcome.
Plus the thrill is even bigger, for that person to win Smile

     
  28-Jul-17, 22:24   #8
  0 
CALICUL 
Joined: Jan '14
Location: Romania
Age: 38 (M)
Posts: 908
I should move in vegas can enroll in a tournament and I will be able to win a nice amount of money.
I see that many who earn nice money and not all are professional poker players. I hope it's not just a marketing strategy to trick the world to do buy in for many tourneys. I hope these amateur are really amateurs like Grandpa John Hesp.

     
  28-Jul-17, 23:20   #9
  0 
rv 

Joined: Dec '08
Location: Latvia
Age: 27 (M)
Posts: 69
Hi, this is your friend. Where's my 40k?

     
  29-Jul-17, 07:10   #10
  0 
doubletop777 
Joined: Mar '11
Location: United Kingdom
Age: 48 (M)
Posts: 6516
I wish i could have bought in on this action!!! It must have been a tremendous sensation to watch this guy going further and further in the tournament and trying to work out your percentage along the way

     
  29-Jul-17, 08:42   #11
  0 
pochui 

Joined: May '08
Location: Lithuania
Age: 33 (M)
Posts: 9806
cool story dudes, invest a $60 in your friends action just to really support him as a friend more than expecting any real return and out of the blue you get $40K for your generosity. that's what i call a great day in the office.


     
  29-Jul-17, 12:16   #12
  0 
dule-vu 

Joined: May '09
Location: Croatia
Age: 32 (M)
Posts: 4990
well for american people its maybe not too much to invest in friends buy in,but if you try to find in europe,especially eastern europe,that somebody help you with 10K buy in,this would be almost impossible and there are not guarantees that they will get back money!

     
  29-Jul-17, 15:17   #13
  0 
Gerimantas 
Joined: Jan '17
Location: Lithuania
Age: 59 (M)
Posts: 923
Yes me too would like to be this guy who helped him and make 40,000 from 60 investment. But it only sounds good niw after we know the results, and before the tournament start i don't think this was a good investment because there are many very good players in the tournament

     
  29-Jul-17, 16:27   #14
  0 
Robbo1990 

Joined: Dec '12
Location: New Zealand
Age: 27 (M)
Posts: 469
so blumstein gets even less now


Before Tax
After Tax

1 Scott Blumstein
$8,150,000
$4,310,571
USA
2 Daniel Ott
$4,700,000
$2,600,194
USA
3 Benjamin Pollak
$3,500,000
$3,500,000
France
4 John Hesp
$2,600,000
$2,600,000
UK
5 Antoine Saout
$2,000,000
$2,000,000
France
6 Bryan Piccioli
$1,675,000
$791,023
USA
7 Damian Salas
$1,425,000
$997,500
Argentina
8 Jack Sinclair
$1,200,000
$1,200,000
UK
9 Ben Lamb
$1,000,000
$597,517
USA

Uk doesnt tax winnings from poker and have a tax treaty with the USA unlike Argentina .... the two frenchman live in London

     
  29-Jul-17, 17:42   #15
  0 
pajalnick 

Joined: Mar '11
Location: Russian Federation
Age: 45 (M)
Posts: 4099
Posted by Robbo1990:
so blumstein gets even less now


Before Tax
After Tax

1 Scott Blumstein
$8,150,000
$4,310,571
USA
2 Daniel Ott
$4,700,000
$2,600,194
USA
3 Benjamin Pollak
$3,500,000
$3,500,000
France
4 John Hesp
$2,600,000
$2,600,000
UK
5 Antoine Saout
$2,000,000
$2,000,000
France
6 Bryan Piccioli
$1,675,000
$791,023
USA
7 Damian Salas
$1,425,000
$997,500
Argentina
8 Jack Sinclair
$1,200,000
$1,200,000
UK
9 Ben Lamb
$1,000,000
$597,517
USA

Uk doesnt tax winnings from poker and have a tax treaty with the USA unlike Argentina .... the two frenchman live in London

Wow .... being an American citizen and playing poker is not very profitable ... the player who took third place received a bigger prize than the player who finished second ... this leads to thoughts about changing citizenship))

     
  29-Jul-17, 21:03   #16
  +1 
Mober 
Joined: Mar '09
Location: Greece
Age: 40 (F)
Posts: 11735
I had no idea that the winning can be that bad after the tax.
pajal is right about that..
The one who finished first ended up with more money than the second.
And the first one, got his winnings almost in half.

     
  30-Jul-17, 03:06   #17
  0 
Robbo1990 

Joined: Dec '12
Location: New Zealand
Age: 27 (M)
Posts: 469
yeah OTT got screwed a little bit more because of the state ... and picolli is a 'pro poker player' as his profession so gets screwed a lil bit more as well....the state and the govt both tax the earnings for americans

this would be why many live overseas (or say they do) to avoid such taxs

     
  31-Jul-17, 07:48   #18
  0 
DaCapo71 
Joined: Aug '10
Location: Germany
Age: 46 (M)
Posts: 2151
That´s really a amazing ROI to get 40k with a investment of 60$. But it was nice to see that not only one person have a reason for a big Party Blink And that he share a little piece of his big winning are really nice for his friends.

     
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