Poker players who went broke

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The never-ending need and desire to push the limits is a recurring theme with poker players.

Some of the most talented players have been declared bankrupt during their time at the top. Below are five poker legends that won and then lost it all!

#5 Brad Booth

Total losses: estimated $5 million

booth

The Canadian poker player was one of the most successful cash game players in recent times. However, during the Ultimate Bet Cheating Scandal of 2007, Booth's fortune took a nasty cut after spending so much time using the online poker room.

It is thought that Booth lost upward of $2 million due to the cheating scandal and another $3 million or more playing poker-for-cash from 2008 until today.

 

#4 Gavin Griffin

Total losses: estimated $6 million

griffin

Griffin holds the record as the youngest person ever to win a World Series of Poker title after winning the Pot Limit Texas hold'em event in 2004. Griffin is most known for his incredible run during 2010/11 which saw him become the first player to win poker's holy grail, the Triple Crown.

However, not everything has been smooth sailing for the youngster due to his battle with a gambling addiction, which he talks about openly. After losing a great deal of money in 2011 Griffin has drooped down in limits “to fix his game and rebuild“.

 

#3 Scotty Nguyen

Total losses: estimated 20 million

Nguyen

Five-time WSOP bracelet winner Scotty Nguyen started his career at the dealer’s side of the poker table. Nguyen began winning huge amounts of money, much more than he knew what to do with. Finally, a bad losing streak and too much drinking finally cost him everything.

According to his personal website, “He has lost and amassed his bankroll numerous times in poker, yet he’s always overcome it.

#2 Erik Lindgren

Total losses: estimated 25 million

lindgren

Four years ago, Erick Lindgren was one of the top players of the poker world. Coming off his first World Series of Poker Player of the Year award in 2008, Lindgren was cashing in on huge sums of money at the poker tables, and earning even more as an owner and sponsored professional of Full Tilt Poker.

However, recently Lindgren was forced to file for chapter 7 bankruptcy after racking up debts of over $10 million due to his gambling addiction and financial issues with Full Tilt Poker.

#1 Stu Ungar

Total losses: estimated 30 million

Ungar

Stu Ungar is often regarded as the player who had much more potential than he was ever able to live up to, he had a genius IQ and a photographic memory.

But, his competitive and thrill-seeking nature always pushed his life to the brink. It was what made him unstoppable at the poker tables, but it was also his downfall away from the game.

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