Cryptocurrency Q&A Do high stakes poker players use their own money?

Do high stakes poker players use their own money?

Valeria Valeria Sat Nov 09 2024 | 5 answers 1492
I'm curious about the financial aspect of high stakes poker. Do professional players in these high-risk games usually wager with their personal funds, or do they have some sort of backing or sponsorship? Do high stakes poker players use their own money?

5 answers

BlockchainBaroness BlockchainBaroness Sun Nov 10 2024
Furthermore, players are permitted to use cash directly instead of converting it to casino chips.

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Chloe_carter_model Chloe_carter_model Sun Nov 10 2024
In poker tournaments, chips are mere representatives of play and have no real value.

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CryptoAlchemy CryptoAlchemy Sun Nov 10 2024
Cash remains as cash in the pot throughout the game.

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Alessandro Alessandro Sun Nov 10 2024
But in certain settings, these chips symbolize actual money.

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CryptoLordGuard CryptoLordGuard Sun Nov 10 2024
If a participant loses their initial investment, they have the option to rebuy with a minimum amount of $50,001.

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