completely agree with you. gg adding staking feature is one of best things I’ve seen added to online poker, but those in industry scamming people daily there is v sad to see because starts to ruin genius invention https://t.co/0RnfcoPlpo
— Patrick Leonard (@padspoker) September 19, 2021
One poster put out the idea that maybe GGPoker could write an algorithm that calculated each player’s true markup worth but that was soon knocked back.
Pads replied:
“Nobody has played sample for them to be able to do that, also the true sign of what attainable rois in mtts are like, could put ppl off poker if this was the system.”
Mike Matusow Still under Fire for Charging 1.5 Markup
The Twitter storm over Mike “The Mouth” Matusow charging 1.5 markup is still continuing. After what began as a fairly balanced thread with the crowd split, now it looks like Matusow is becoming a target.
— Alex (@Zanderbt) September 19, 2021
— 01010011 01001000 01001100 (@djlookz) September 19, 2021
As if this wasn’t bad enough, Phil Hellmuth then joined in the call for people to support Mike Matusow, saying he is definitely a long-term winning bet.
The replies to this request weren’t any better than what Matusow himself received.
“Probably not gonna pay 1.3-1.5 mark on 10ks to a guy who went on the Doug polk podcast and said that vaccines cause autism but thanks for the investment advice have a good day Phil”
They even replied with an offer to cross book Matusow’s action with Hellmuth but no reply was forthcoming.
Hellmuth did fire back with the following tweet:
I watched @themouthmatusow give away 2 $10,000 @WSOP Main Event seats on FaceBook in 2008!! GIVE AWAY: for free! Then, he staked 7 others for 1/3 free roll!! Now, some twitter folks mad at Mikey for charging markup at @YouStake! How soon they forget…
— phil_hellmuth (@phil_hellmuth) September 20, 2021
Are Some Poker Players Scamming Their Staking Investors?
In the middle of all of this, there was a poster who claimed to have knowledge of a semi-pro who sold 300% of their action at 1.4 for a $5,000 tournament.
They then deliberately busted before the bubble, walking away with the $16,000 profit without any risk.
There’s no way of knowing how prevalent this kind of behaviour is but it is concerning to hear such stories.
There is one thing that is certain, however, and that is that Mike Matusow is likely to get all of the backing he wants.
He will also be one of the most watched players at the WSOP 2021: can he continue his record of only one losing WSOP in his career?
Don’t forget to check out the latest poker news to see what’s been happening in the poker world.
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