How much is Doyle’s Room?
Poker legend Doyle Brunson recently revealed some highly interesting thoughts about his former poker room.
"I consider a person financially rich if they make ___ a year or have a net worth of ___." Please fill in these blanks if you have time or inclination. It might lead to good discussion in the Billions writers room.
— Brian Koppelman (@briankoppelman) May 14, 2020
Brian Koppelman, co-creator of Rounders and Billions on Showtime, asked the Twitter community how much money it takes to consider a person to be financially rich.
Brunson was one of the first persons to respond and he clearly did not disappoint. The veteran stated that he turned down an incredible $235 million offer for Doyle’s Room before Black Friday.
I've asked that many times. I turned down 235 million for Doyles Room before Black Friday that haunts me to this day. I thought it was going to be worth twice that and it would have been. How much do u need? What was I thinking of? 500k..20 million is my answer.
— Doyle Brunson (@TexDolly) May 14, 2020
Apparently, he is still regretting his decision. Brunson expected the price to keep increasing, however, Black Friday destroyed online poker. Even though Brunson got that offer back in 2011, that decision is certainly one of the worst ones in recent history.
Even though Doyle Brunson is an absolute legend who made millions of dollars playing poker, $235 million would definitely be more than the icing on the cake.
$500,000 per year or $20 million net worth are the figures which cause Brunson to consider somebody financially rich.
Koppelman’s question “I consider a person financially rich if they make ___ a year or have a net worth of ___.” seems to have brought up thoughts about a decision which is still haunting Brunson to this day.
Why would anybody turn down such an incredible offer?
As already mentioned above, Brunson expected the price twice as high and therefore decided not to sell. At that time, basically nobody could predict a drastic event such as Black Friday.
Due to that crisis, the online poker market was pretty much shut down in the US. Therefore it became highly unlikely that anybody would offer him a prize which is even remotely close to the $235 million offer.
Paradise Poker. Probably had to take some of it in stocks. We would have been bigger than any poker site. I look at Romans 8-28 when I think about that. Too much money is sometimes a curse. https://t.co/7qxzzMbw8F
— Doyle Brunson (@TexDolly) May 14, 2020
Everybody was curious to find out who made Doyle that amazing offer. Brunson stated that it was Paradise Poker. Even though he probably would have had to take some of the funds in stocks, that deal would have made Doyle’s Room bigger than any poker site back then.
Doyle’s Room was founded in 2004 and was one of the most popular poker sites during the poker boom. It started out as part of the Tribeca poker network and moved switched networks multiple times afterward.
Following the Black Friday, Brunson stopped his cooperation with the poker room and Doyle’s room was sold.
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