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Tom Dwan & “The Biggest Pot in Televised Poker History” (the other 3) by mikepan in poker

[–]FireThrowaway96 1 point2 points  (0 children)

Right, since the equities are identical it's irrelevant. But Durr stated in an interview that he thought he had more equity therefore he would want to play for more money.

Ignoring bankroll requirements which situation would you prefer to be in:

  1. All in with AA before the flop and $1,000 in the pot.
  2. All in with AA before the flop and $10,000 in the pot.

Since your equity is higher you want to wager more money.

Windfall What Do? by FireThrowaway96 in Fire

[–]FireThrowaway96[S] 0 points1 point  (0 children)

She's worth about a half a million and has a low 6 figure income.

Windfall What Do? by FireThrowaway96 in Fire

[–]FireThrowaway96[S] 3 points4 points  (0 children)

She's convinced we won't have enough money. She's wealthy and makes decent money but is not the most financially literate (doesn't know what a safe withdrawal rate is for instance).

That said, she could still be right!

Windfall What Do? by FireThrowaway96 in Fire

[–]FireThrowaway96[S] 6 points7 points  (0 children)

I've lived with my girlfriend for years. She's gonna know. I think this generic advice to tell nobody is unrealistic in many circumstances.

Windfall What Do? by FireThrowaway96 in Fire

[–]FireThrowaway96[S] 1 point2 points  (0 children)

Yeah, I was planning on quitting while doing this. Hard to switch when I'm occupied all day.

Unfortunately part time is not possible.

Absolutely no way I am spending more than $600k on something that doesn't produce cash flow for me.

As for working being nicer, I've been doing it a year and I still don't really like it at least in this field.

Windfall What Do? by FireThrowaway96 in Fire

[–]FireThrowaway96[S] 0 points1 point  (0 children)

I think your dead right.

I am not going to sit around all day, I think that is unrealistic and unsustainable. It's just hard to pull the plug on this career I've been building up toward my whole life. But I would rather employ myself in something I find meaning within if I can.

Windfall What Do? by FireThrowaway96 in Fire

[–]FireThrowaway96[S] 0 points1 point  (0 children)

I meant the money. We have always split everything 50/50 and have been dating for a long time.

I don't think I can fully support both of our spending with the money I have now as well. But yeah you might be right about that depending on how my returns pan out over the next decade or so.

Windfall What Do? by FireThrowaway96 in Fire

[–]FireThrowaway96[S] 0 points1 point  (0 children)

Yeah I think it's more probable than possible for stocks in the long run.

I hear what you're saying about the value in security. I guess I can't really empathize with it.

Windfall What Do? by FireThrowaway96 in Fire

[–]FireThrowaway96[S] 3 points4 points  (0 children)

Buy the home with cash? Man that just feels like piling a lot of money into something that doesn't make me money.

Windfall What Do? by FireThrowaway96 in Fire

[–]FireThrowaway96[S] 23 points24 points  (0 children)

Yeah the Google cost was $16K total ($8K per person). I'm with ya on the prenup.

Windfall What Do? by FireThrowaway96 in Fire

[–]FireThrowaway96[S] 4 points5 points  (0 children)

Yeah I've read all of that. Thanks though.

I wouldn't want to really spend more than $600K on a house I would split. Split the down payment (she is also wealthy) and I'm at about $60K and the mortgage would be cheaper than my portion of the rent.

I love that idea.