Ed Hollis at Betfair – Gambling Degen?
Came across a thread on 2+2 about a poker player named Ed Hollis who had recently been hitting the high stakes games over at Betfair Poker. They were talking about him playing in a $100/$200 game with a $25k stack and how this guy had some massive swings. In the thread there was a link to his blog, so I decided to check it out.
What a great blog it was! Ed talks about how he lives on the edge, gambling with borrowed money at times, hustling to make a living on the poker tables. Every time he seems to work up some kind of roll he blows it all away. To me, this looks like the true sign of a gambling degen. He seems to do well at the $100/$200 limits, but always tries to go to $250/$500 and ends up blowing his roll. Ed, why don’t you just stay at $100/$200???
He doesn’t just bet at poker though. Ed even mentions some of his swings from sports betting. Unfortunately from what I can tell, I a lot of this looks like its on borrowed money.
I am really against betting with money that you can’t afford to lose. Hopefully this works out for him, but far too often things don’t work out that great when you are betting with money that you can’t afford to lose.
Regardless, Ed has a very entertaining blog as you can literally be part of his major swings as you follow along. I recommend checking it out!
Good luck at the tables and please don’t get too much in debt!
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