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Some Details On Dwan's 'Biggest Loss Ever' In Macau -- Turns Out It Was More Than $4 Million

Person Watching Session: Dwan Was Playing For Nearly 24 Hours Straight

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Less than a month ago, high-stakes poker pro Tom Dwan Tweeted that he had just experienced his “biggest loss ever” at a poker table. For him, that’s a big deal.

Card Player spoke to a person who said he was watching the game in question at StarWorld Casino in Macau when all the madness went down.

According to the person, the game was shorthanded and Dwan had been playing nearly 24 hours straight. He eventually was felted at around 5 a.m. local time.

Dwan walked out of the casino down more than $4 million.

It’s unclear what stakes were being played, as well as what the buy-in was, but the source said that for at least three straight hours every single pot was at least (approximately) $40,000.

Obviously many grew to be much, much larger.

The loss for Dwan was about double his worst ever tracked online session.

High-stakes poker action these days has found a home in the former Portuguese colony, the only place in China where gambling is legal. Wealthy high rollers from mainland China have not only made Macau the largest gambling market in the world (around $40 billion annually) but also the hotbed for earth-shattering Texas hold’em pots.

Despite Las Vegas not being home to the largest cash games in the world anymore, some of the Macau poker regulars make the trip if the stakes are right.

In 2012, the WSOP held a $1 million buy-in that attracted such customers. That event will return in 2014 and should once again bring in some poker players who typically stay in Macau to play cards. The cash games at Bellagio or Aria could also be monstrous during that stretch.

 
 
Tags: Tom Dwan,   Macau,   Star World
 
 

Comments

pokertruth
4 years ago

In every competitive gaming system the most skillful player will more likely than not have a winning streak especially if he plays against less skillful players. The problem arises when the less skillful players as a whole are as a group inifinitely better financed than the skillful player whose individual finances are limited even if in the millions. The less skillful players as a group might be better financed into the hundreds of millions. Accordnlgy, it is invevitable that the skillful player will eventually be beat by an opponent's lucky river card. In such a situation the skillful player might have bet his stack all-in and loses. The moral to the story is that any winning player with finite funds must leave the game at or soon after his lucky streak is over. But the winning player will not leave the game on his own. I stromgly recommend that such a high stakes player hire an independent game analyst or monitor on the spot that will objectively guide him during the game and tell him when to get out.

 
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lionkiller
4 years ago

You sound like a barrel of laughs.

I'm sure To m Dwan will read your comment and realise the error of his ways

 
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TheFly
4 years ago

Ouch, that'll leave a mark!

 
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