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BankrollMob Forum » News » Galfond Challenge: Phil Galfond Loses another €200K to 'Venividi1993'

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Galfond Challenge: Phil Galfond Loses another €200K to 'Venividi1993'

Tags: Phil Galfond, poker challenge, Venividi1993
Posted on 06 February 2020 by "T".
Three-time WSOP bracelet winner Phil Galfond has founded his own poker site with the goal of keeping the online poker dream alive. Over the years, a big part of that dream has been epic high stakes battles for everyone to see. With the Galfond Challenge, a series of high stakes heads up matches between Phil and his various challengers, Phil is bringing back the glory days of railing high stakes[...]   Read more » Galfond Challenge: Phil Galfond Loses another €200K to 'Venividi1993'

  6-Feb-20, 16:10   #1
Galfond Challenge: Phil Galfond Loses another €200K to 'Venividi1993' 0 
dule-vu 

Joined: May '09
Location: Croatia
Age: 34 (M)
Posts: 8561
dont know anything about this players,but this heads up is sick!such a big number of hands and what about money that is in game,thats another story!we can see how much you can lose in heads up and what you can win!but this amount is just a dream fro 99 % of poker players!

     
  6-Feb-20, 18:53   #2
  0 
CALICUL 
Joined: Jan '14
Location: Romania
Age: 40 (M)
Posts: 5267
2 millions of dollars is a very big sum and if he likes to play big stakes, then to support the consequences of this loss. It is not easy to lose this amount and if his poker room is successful, Phil Galfond can recover from what he lost. It's easier in that way.

     
  7-Feb-20, 00:20   #3
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 36 (M)
Posts: 7065
This is almost on the level of Isildur back when he made splashes online with his ultra-aggro heads-up sessions where he lost and won hundreds of thousands during multiple weeks playing PLO against high rollers. Oh, fun times...

     
  7-Feb-20, 09:23   #4
  0 
shokaku 

Joined: May '08
Location: Germany
Age: 55 (M)
Posts: 6698
In the mad days of heads up on the old Full Tilt, the stakes were even higher. I remember players winning and losing millions in a single day. And those games were often NL Hold'em, while these two here play PL Omaha. 700 hands of this game in a row, and my head would explode.

     
  7-Feb-20, 19:47   #5
  0 
CALICUL 
Joined: Jan '14
Location: Romania
Age: 40 (M)
Posts: 5267
Before there were good times but now the situation has changed. 10-12 years ago there were only a few poker rooms and many players. People were playing and lots of money was running. Now it's harder because the USA, Italy, Spain or France not play with rest of the world and other gamblers play in other rooms. This makes money to be few than in the past.

     
  7-Feb-20, 23:30   #6
  0 
antonis321 

Joined: Dec '14
Location: Greece
Age: 36 (M)
Posts: 74
I wonder whether he'll be luckier and more successfull for the rest of the hands vs Venividi or for the hands with the other players , who have accepted his challenge to play with him the agreed number of hands in these high stakes PLO games .

I really don't like these challenges , they remind me of Tom Dwan's failed and not completed challenge . Not that I believe Galfond will actually step back , but these challenges by players that think they are masters on their field , the best of the best , in reality they are meaningless . Many must be on your own skill level or probably better , what exactly you are trying to prove ?? Is this the best available way to get some action vs high stakes players , for your games ?? It doesn't seem to be , imo .....


.

     
  8-Feb-20, 08:17   #7
  0 
shokaku 

Joined: May '08
Location: Germany
Age: 55 (M)
Posts: 6698
I guess for Galfond these challenges are a way to promote his own site. So the chances are slim, that he will be chicken out of them, like Dwan did with his, when things don't go his way. When one looks at the results tho, it seems his opponent has him figured out.

     
  13-Feb-20, 08:36   #8
  0 
shokaku 

Joined: May '08
Location: Germany
Age: 55 (M)
Posts: 6698
After a few more sessions Galfond is now down $900k. And yes, he opted to chicken out of this thing. Evil
Play is suspended untill March the first, when he will decide if it will continue, or be called off completely.

     
  13-Feb-20, 09:01   #9
  0 
CALICUL 
Joined: Jan '14
Location: Romania
Age: 40 (M)
Posts: 5267
Cash games are the most dangerous because they can bankrupt you. When we think about past situations see some professional players who had $ 3-4 million today and tomorrow or in two days they were ruined. Isildur 1 is one of them. Their risk brings great losses or profit as well.

     
  13-Feb-20, 10:35   #10
  0 
shokaku 

Joined: May '08
Location: Germany
Age: 55 (M)
Posts: 6698
That is when bankrollmanagement comes into play. If one or two bad days can bankrupt a player, he is playing far to high stakes for his bankroll.Those two are playing "only" $100/$200. There have been much higher limits used in the past.

     
  14-Feb-20, 09:09   #11
  0 
CALICUL 
Joined: Jan '14
Location: Romania
Age: 40 (M)
Posts: 5267
In the past it was like that, but then there were many more players than now. Let's not forget about the USA, Italy, France or Spain who played with the rest of the world. That means a lot of money because americans were everywhere with big money.

     
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