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Day 2 has come to a close here at the 2014 Paddy Power Poker Irish Open €2,250 no-limit hold’em main event. The day began with 253 players remaining from a starting field of 411, but ...


Cake Poker Buys T.J. Cloutier's Bracelet Off eBay

Bracelet Goes For $4,006 in Auction

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T.J. CloutierThe poker community was stunned last week when it was discovered that a pawn shop in Plano, Texas, was selling a World Series of Poker bracelet won in 2005 by legendary poker champion T.J. Cloutier on eBay.

The seller confirmed that the 14 karat gold, diamond-encrusted bracelet was 100 percent authentic and acquired from Cloutier himself. Though Cloutier declined to be interviewed, it was reported that he said the following to a producer of the Hardcore Poker Show:

“I don’t want to talk about it,” he said. “Yeah, it’s mine. I was short. I pawned it. I tried to get it back with my ticket but I was too late.”

When Card Player first reported on the story, the bracelet was still in the bidding process. Now, online site Cake Poker has confirmed that it purchased the piece of memorabilia for $4,006.

Cake Poker was the winner of TJ Cloutier's WSOP braceletIn the site’s blog, a Cake Poker representative stated the following.

“Since winning the bid and celebrating wildly, we have taken some time to reflect on our glorious new prize. As much as we would love to have a WSOP bracelet, or even award it to one of our cherished poker players, we can’t, in good conscience keep it from the man who rightfully won it, which is why we’ve decided to return it to T.J. Cloutier…just as soon as we have some fun with it.”

The bracelet was originally awarded to Cloutier for winning the $5,000 no-limit hold’em championship. The six-time bracelet winner beat out 466 players and earned $657,100. His lifetime winnings currently stand at $9,644,900.

 
 
 
 

Comments

hayden1009
4 years ago

Sad that a great player who has won so much in reality has lost even more. But I am glad Cake is doing the right thing,

 
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bmpek
4 years ago

give me one more roll of the dice and i well quit

 
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SevenKidsPoppy
4 years ago

Very sad. It makes you wonder how many of those familiar faces from the '03, '04, and '05 WSOP and from the early WPT shows have also fallen on hard times. I hope TJ has recovered by now.

 
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hishga
4 years ago

Welcome to life as a poker pro, Yours truly included. Everything is -10%. O.K. sometimes -4%, either way its always a grind. Cloutier is a bum with no bankroll management. Cake did the wrong thing and contributed to a guy who didn't/doesn't deserve it. I bet that bracelet was given back to T.J. and promptly put on the pass line. It came 6, 4, 5, 7! ~DAMN IT!

 
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emetjr
4 years ago

Who are you to judge anybody? A pathetic bunch of jealous losers? I have spent some time with T.J. on several occasions even playing craps with him. He is a gentleman and a truly nice guy friendly and approachable. He has the right to do whatever he wants with the money he won.
Who are you to judge him saying he's a bum,didn't/doesn't deserve it? Did someboby appoint you god of the poker world?

 
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JaxFull
4 years ago

I judge anyone who shoots craps as somewhat less than bright. Why? Over the long haul you can't win.

 
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RandG
4 years ago

Poker$ -> Craps -> $0

Craps is a big leak in TJ's poker game.

 
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Judio
4 years ago

TJ is a good guy who had come on hard times. We have all made mistakes and TJ made his playing craps. I hope he can put together a bankroll and play again. I have mixed emotions on Cake's decision to give it back. I agree that it is a piece of poker history and be given to person that truly earned it. However, what does TJ learn? I'm not judging him by any means. I hope that Cake and TJ can come to an agreement. I would like to see TJ work for Cake to get the bracelet back.

 
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sumacap
4 years ago

TJ is like many professional players. they play poker so that they can win enough to support their gambling habits- craps, horses and sports.
i am 100% in favor of adults being able to do whatever they wish with their lives- including gambling away that life.
For those of us who have spent time with TJ either on a personal level or a professional level you know that he is a master "shot taker" trying and take advantage of other players and people including truely unsavory tactics like cheating. in essence he is a succesful tournamnet player that has absolutely no way of winning in live games, with very bad habits that will always be broke.

 
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kremlin_fish
4 years ago

LoL. Guess the deck has gone cold. LoL.

 
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aceviper
4 years ago

Have you seen TJ on the rail in the WSOP the last couple of years? wonder why he doesn't get put in by someone? well, when you are put into a 5k event and you sell 300% of yourself, donk off your chips, return with a bad beat story or a card dead story,you still turn a 10k profit. Tj has done this and all the BOSSES know of it and stay clear now.

 
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MoosPlayer
4 years ago

Selling 300% is pretty good idea...until the buyers start talking to each other.

 
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angt5000
4 years ago

Bankroll Management ladies and gentlemen or lack there of. 9 Million in tournamnt winnings? I see Ivey on youtube playing craps for 10 minutes for a million dollars..keep up that habit and you go broke eventually. sad these guys use there poker skills to fuel other leaks.

 
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michawat
4 years ago

TJ can do what he wants

 
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cudlphish
4 years ago

most of these guys u see end up going broke. where is brad booth?

 
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Makn_it_Rain
4 years ago

Cake should do a reality show. They can throw it in a dumpster in Las Vegas somewhere and give TJ clues where to find it! Like National Treasure for degenerates! Tell me you all wouldnt watch that!

 
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beaudees
4 years ago

Good on Cake Poker! Met TJ and his wife Joy in Nov 09 @ Vince Neil's Charity tourney @ the Rio. One of the nicest people I have ever met in the poker world; a true gentleman. Things must have been tough for him to have to do that and it's great of Cake to return the bracelet back to it's rightful owner. Let's face it, if you don't win one, what's the point of having one anyway.

 
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blufdaddy
4 years ago

ya good question, what happend to booth?

 
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ACrod
4 years ago

It is sad that it has to happen to one of the revered road gamblers, yet, we have to remember that lots of these poker pros crave for action to the point that they should be GA members. Hope Phil Ivey who is creating a similar notoriety on the craps tables knows about this and learn from it.

 
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