Having said this, I have decided to cut back DRASTICALLY my online poker play for the next 6 months. I make too much in live tournaments and live NO LIMIT action to waste the time on the net.
I will continue to play the 2am est tournament at betwwts because that it the one that I seem to do the best in lately. I have won it 2 times in the past 14 days each time paying around $2000 for first prize, then I won third place and that paid $700 I think.
But one thing that I have NEVER liked about the cardrooms is this little quirk. I will win alot at times then ask for a payout of lets say $5000 or so. Then for the next week, I will get some of the WORST bad beats in HISTORY to take the rest of my chips. I mean the types of beats where you not only lose the hand, but you were all in as well in live no limit action. This has happened on 3 different sites that I received big payouts. I have heard the same thing from other people as well.
The main reason why others dont talk about this is because only about 5-10% of players at card rooms will ever receive a payout anyway, or at least one that is greater than $1000. But i have talked to other players who took payouts over $5000 and they all seem to notice the same thing. Moral of the story is that if you want a payout after winning $12,600 second prize, request ALL of it in the payout. Then you can reup later if neccessary.
I won the $12,600 second prize in one event and after the tournament had about $14,500 in my pokerstars account. Well I requested a payout of $8000 and then my luck started to change DRAMATICALLY until I only had $1500 left. I took that money and ran but paid an expensive lesson.
There are two other sites when the same thing happened as above although the payouts where not quite as large.
MORAL OF THE STORY= Take the money and run! Dont leave any behind