Arrest warrant issued for 6-time WSOP winner, Ted Forrest

According to an article published by the Las Vegas Review Journal, Las Vegas police officers have a standing arrest warrant for the six-time World Series of Poker bracelet winner, Ted Forrest. It seems that Forrest hasn't been running that good lately and tried to steal the money from some casino.

Forrest was charged with two same felonies: drawing and passing a check without sufficient funds with the intent to defraud and theft, according to the article:
“The defendant is identified as William Edward Forrest in the complaint, which claims he had insufficient funds when he tried to pass two checks totaling $215,000 between Oct. 28, 2012, and May 17, 2013, at Wynn Las Vegas.

According to Clark County District Court papers, Forrest signed a confession of judgment in 2013 that stated he owed Wynn $270,000. He had agreed to make 10 monthly payments of $10,000 and one payment of $170,000. Court records indicate he had not complied with the agreement as of July 2015, but the case was ultimately closed.

In September 2015, The Mirage filed a lawsuit claiming Forrest still owed $40,500 from a 2013 loan of $100,000. A judge ruled in the casino’s favor, but it is unclear whether Forrest paid the debt.”

Interestingly Ted Forrest has over $6,3 million in total live tournament earnings and in his years he has competed in some of the highest buy-in cash games in the world. He is also known for his wild bets in the poker world, and back in year 2014, Ted Forrest claimed that fellow poker pro Mike Matusow owed him $1,7 million from a weight loss bet guys allegedly made in 2010.

This is starting to seem standard.

stay classy, poker.

LOL

Yes!...And maybe Mike Matusow will be Forrest's saving grace. Seems totally legit. Its not like Matusow was ever a meth head tweaker or anything.

and this is why casino's offer poker rooms. The biggest winners almost always punt it all off until broke

I might get a lot of flack for saying this but... It was probably a good thing that poker was banned in the US. One of my personal highschool friends was in debt 10k in college strictly due to losing on online poker. He had access to a gambling platform (since he had no skill) from his dormroom and clearly had a problem. For a small unregulated industry of a handful of poker companies to have such a large potentially negative impact on the lives of so many people across the globe is a bad thing.

And there's really not that many winners in this game. Probably 70% losers. 20% breakeven, 9% winners who lose it back like this guy, and 1% who REALLY win because they're financially responsible and know how to hold onto their money and their money is life-transforming. A lot of the winners actually turn to poker-related businesses like training sites, poker sponsorships, or twitch because they realize how scarce the money is. Poker is like throwing 10 hungry people in a cage with 3 pieces of bread.

He's problem wasn't access to gambling platform or lack of skills. He's problem was being an idiot and you're not gonna save idiots. More so you shouldn't save them but if you want to, then at least please don't hurt others while doing so by prohibiting them poker/gambling/drugs or anything else really.

On September 06 2016 11:39 Nitewin wrote: I might get a lot of flack for saying this but... It was probably a good thing that poker was banned in the US. One of my personal highschool friends was in debt 10k in college strictly due to losing on online poker. He had access to a gambling platform (since he had no skill) from his dormroom and clearly had a problem. For a small unregulated industry of a handful of poker companies to have such a large potentially negative impact on the lives of so many people across the globe is a bad thing.

I strongly disagree on principle, not because I like poker particularly. Your friend is an idiot and he alone should be responsible for his actions. And if someone should take care of him is his family and friend, not the government with a nation-wide ban.

Personal liberty is of utmost importance in our society and we should defend it on every corner.

I understand what you guys are saying and for the most part that's what I thought too. I was angry when they took poker away because I was making good money. But when you see guys you're supposed to look up to, 6 time WSOP bracelet winners, end up in debt, you have to acknowledge the dangers of gambling. I agree my friend was an idiot but there are idiots all over the world. It'd be for the same reason not to give your 3 year old scissors and why drugs are illegal.

I guess if you want to take this further, do we actually have freedom in this world? Should we? Because at the end of the day, all people work together under 1 system. There's always going to be restrictions on personal liberty, so at what limits? For arguments sake, if you had hundreds of thousands of people losing their jobs and going homeless, then that would have an impact on the economy. Imagine you're playing sim city and you want your city to thrive. You'd get rid of potential problems like gambling and drugs.

*Shrugs*

On September 06 2016 11:39 Nitewin wrote: I might get a lot of flack for saying this but... It was probably a good thing that poker was banned in the US. One of my personal highschool friends was in debt 10k in college strictly due to losing on online poker. He had access to a gambling platform (since he had no skill) from his dormroom and clearly had a problem. For a small unregulated industry of a handful of poker companies to have such a large potentially negative impact on the lives of so many people across the globe is a bad thing.

you have a delusional mindset to reality

R.I.P Ted Forest 9/16/2016

R.I.P Nitewins friend

Its probably a good thing this happened to them. I have no sympathy what so ever that happened them. Most of them are crappy people to being with. We are doing a service to the community ridding these arrogant cockbags of their money.

On September 06 2016 14:15 Highcard wrote: Show nested quote + On September 06 2016 11:39 Nitewin wrote: I might get a lot of flack for saying this but... It was probably a good thing that poker was banned in the US. One of my personal highschool friends was in debt 10k in college strictly due to losing on online poker. He had access to a gambling platform (since he had no skill) from his dormroom and clearly had a problem. For a small unregulated industry of a handful of poker companies to have such a large potentially negative impact on the lives of so many people across the globe is a bad thing. you have a delusional mindset to reality

you are a fucking loser interrnet player at 25nl like 99% of people on this site. I quit poker in 2009 when i came 92k short of my 100k goal for the year. Even though i was working/going to school etc, do you know much more money I could have made during that 4h a day playing poker instead of focusing on goals with substance?

On September 06 2016 11:39 Nitewin wrote: I might get a lot of flack for saying this but... It was probably a good thing that poker was banned in the US. One of my personal highschool friends was in debt 10k in college strictly due to losing on online poker. He had access to a gambling platform (since he had no skill) from his dormroom and clearly had a problem. For a small unregulated industry of a handful of poker companies to have such a large potentially negative impact on the lives of so many people across the globe is a bad thing.

https://youtu.be/JGakNyTMyNY?t=3697

Poker is not for blasters, actually there's nothing for blasters in this world, maybe extreme crazy sports where you keep pushing the limit until you're dead.

On September 06 2016 14:32 flounder44 wrote: Show nested quote + On September 06 2016 14:15 Highcard wrote:   On September 06 2016 11:39 Nitewin wrote: I might get a lot of flack for saying this but... It was probably a good thing that poker was banned in the US. One of my personal highschool friends was in debt 10k in college strictly due to losing on online poker. He had access to a gambling platform (since he had no skill) from his dormroom and clearly had a problem. For a small unregulated industry of a handful of poker companies to have such a large potentially negative impact on the lives of so many people across the globe is a bad thing. you have a delusional mindset to reality you are a fucking loser interrnet player at 25nl like 99% of people on this site.

This is an interesting way to view 99% of the people who post on LiquidPoker.

If I played poker, I might be offended.

1. Poker is a negative sum game where pstars sucks out a billion in rake annually.

2. Do the sum of all pros winnings = anywhere close to 1 billion?

3. Poker is a cannibalistic game. Don't need Dan Coleman to tell you to know it's true.

4. WSOP champions aren't immune to the dangers of gambling and losing it all back. Think this guy, Lindgren, Matusow. All broke I think, among many others. Guy who borrowed 30k from WCG. Too many.

5. Pstars isn't making enough so they want to cannibalize the leeching pros. Their job is to bring in suckers to get frisked.

6. To reduce the speed of sucker casualties, they're reducing skill and increasing luck in their game changes, which means poker is a step closer to a slot machine.

7. Game/poker economy simply isn't sustainable.

8. Bots are taking over PLO and Holdem, and outplaying midstakes pros.

9. Industry is unregulated.

10. Even that guy in the thread says 99% are losers. We all know it.


Hmm not the worst thing to ban?

I bet you vote for Trump too

On September 06 2016 13:00 Nitewin wrote: I understand what you guys are saying and for the most part that's what I thought too. I was angry when they took poker away because I was making good money. But when you see guys you're supposed to look up to, 6 time WSOP bracelet winners, end up in debt, you have to acknowledge the dangers of gambling. I agree my friend was an idiot but there are idiots all over the world. It'd be for the same reason not to give your 3 year old scissors and why drugs are illegal. I guess if you want to take this further, do we actually have freedom in this world? Should we? Because at the end of the day, all people work together under 1 system. There's always going to be restrictions on personal liberty, so at what limits? For arguments sake, if you had hundreds of thousands of people losing their jobs and going homeless, then that would have an impact on the economy. Imagine you're playing sim city and you want your city to thrive. You'd get rid of potential problems like gambling and drugs. *Shrugs*

You just have a weak liberal mindset that thinks that a man should lean on government in order for his own survival. This is complete bs. It should be the man's responsibility for his own well being.

On September 06 2016 13:00 Nitewin wrote: I guess if you want to take this further, do we actually have freedom in this world? Should we?

lol yes, unlike yourself I'd like to make my own choices

you on a downswing Nitewin? I've been there how many times when I played and I had the exact same thoughts haha. Went away once I started hitting my sets again and getting AA vs KK's % hold up a couple times. Best skill a person should know about this game is knowing when to quit playing. Those old pros went all-in when they made huges sums of money and blew it away on mostly baccarat and a lavish lifestyle

On September 06 2016 16:13 whamm! wrote: Poker is not for blasters, actually there's nothing for blasters in this world, maybe extreme crazy sports where you keep pushing the limit until you're dead.

atta boy teddy

the 1-2 teddy

On September 06 2016 13:00 Nitewin wrote: I guess if you want to take this further, do we actually have freedom in this world? Should we?

Ralph Waldo Emerson is spinning in his grave.

Nitewin? More like Nitelose!!!!!

We all fell for the online poker meme. This site is comprised of people most of whom would have benefitted far more from their lives had they never played poker.

And even now after years of scams and scandals people are playing on a site who's CEO has been indicted for insider trading and they still believe he has the communities interest at heart.

They were selling the impossible dream to keep you churning the wheel whilst they lined their pockets. Then it all came tumbling down and none of them were punished. So fuck them all and fuck online poker. I'm surprised most of you aren't disgusted to the point of never playing online again (not you Baal, since you're still cashing pay checks)

Bsam x

On September 06 2016 12:37 GoTuNk wrote: Show nested quote + On September 06 2016 11:39 Nitewin wrote: I might get a lot of flack for saying this but... It was probably a good thing that poker was banned in the US. One of my personal highschool friends was in debt 10k in college strictly due to losing on online poker. He had access to a gambling platform (since he had no skill) from his dormroom and clearly had a problem. For a small unregulated industry of a handful of poker companies to have such a large potentially negative impact on the lives of so many people across the globe is a bad thing. I strongly disagree on principle, not because I like poker particularly. Your friend is an idiot and he alone should be responsible for his actions. And if someone should take care of him is his family and friend, not the government with a nation-wide ban. Personal liberty is of utmost importance in our society and we should defend it on every corner.

yep this.

nitewin ur wrong. ur buddys degeneracy is on him

noone believes stars has their best interest at heart.. wtf who here said that?

Ted forrest has been a know degen long before this article. Some old school pre internet washed up stud player. 6 bracelets means nothing to me. I'd gladly play him HU. prolly play him in a mix game hu. Citing his failure as proof of an impossibility to succeed in the game is a failure in and of itself.

quite the view there qwerty. where do you get the insight that poker has been -ev for everyone on this site?

+1 on Trump. Better of the two candidates. He's a buffoon but at least he addresses real problems and proposes real solutions.

Don't like to label liberal or conservative. I make GTO decisions on each unique issue.

No we don't have absolute freedom in society. You have to work with people around you. You are born into laws and will forever have to formfit yourself into what's acceptable to an extent. That's what I meant by do we actually have freedom. I brought it up because... where do you draw the line between what's beneficial and appropriate for society and what's not? Also to make the point that we do not have personal liberty right now, in response to someone.

Quit poker a long time ago. But I still like to browse LP and occasionally twitch streams. Net positive on my poker career. Have not had to work because of it but I also don't live lavishly.

Nobody said -ev for everyone on this site. This crowd is probably some of the more +ev players. However, you have to realize this is a -sum game. If you're winning 100k, there's probably 200k getting lured in from fishes to be split between you and the house. Pstars' business model is basically to lure in fish who have zero chance of winning to be devoured by you guys, which they openly admit. And when you take an X-ray view of what's going on, and see that even pros are susceptible to losing it all, plus all the degeneracy that goes along with it, you have to realize this is an ugly industry.

Which gave me the thought that "maybe it was a good thing [for the victims - people that are experiencing negative emotions/worse quality of life] that it was banned." Now whether that infringes on liberty and where to draw the line is a whole other story.

Anyway, didn't mean much by it. I hope the game stays for all of you to play. May your cards be live and your pots be monsters!

On September 07 2016 11:32 Nitewin wrote: +1 on Trump. Better of the two candidates. He's a buffoon but at least he addresses real problems and proposes real solutions. Don't like to label liberal or conservative. I make GTO decisions on each unique issue. No we don't have absolute freedom in society. You have to work with people around you. You are born into laws and will forever have to formfit yourself into what's acceptable to an extent. That's what I meant by do we actually have freedom. I brought it up because... where do you draw the line between what's beneficial and appropriate for society and what's not? Also to make the point that we do not have personal liberty right now, in response to someone. Quit poker a long time ago. But I still like to browse LP and occasionally twitch streams. Net positive on my poker career. Have not had to work because of it but I also don't live lavishly. Nobody said -ev for everyone on this site. This crowd is probably some of the more +ev players. However, you have to realize this is a -sum game. If you're winning 100k, there's probably 200k getting lured in from fishes to be split between you and the house. Pstars' business model is basically to lure in fish who have zero chance of winning to be devoured by you guys, which they openly admit. And when you take an X-ray view of what's going on, and see that even pros are susceptible to losing it all, plus all the degeneracy that goes along with it, you have to realize this is an ugly industry. Which gave me the thought that "maybe it was a good thing [for the victims - people that are experiencing negative emotions/worse quality of life] that it was banned." Now whether that infringes on liberty and where to draw the line is a whole other story. Anyway, didn't mean much by it. I hope the game stays for all of you to play. May your cards be live and your pots be monsters!

Poker is no worse than anything else that society deems acceptable. Walmart and companies like it make billions in profit while 90%+ of their employees live below average lives with no real chance of advancement there. The economy is a giant complex game where GTO play results in everyone at the top greatly increasing their position and everyone below 80% grinding away in meaningless and soulless jobs until they die without ever achieving any of their dreams. Does the chance of success suck in poker? Yes. Are you succeeding because others are failing and you're taking a cut of their failure? Absolutely. Look at the chances of below average people in the world and you'll see that they're just as bad if not worse in most cases. The mentally handicapped guy ripping your ticket stubs at the movie theater is the modern day slave whose life most likely won't get any better than it is right now. Deal with it.

Sure, but Walmart is creating value for everyone. Workers may earn minimum wage, but it's the best fit for their abilities, and guess what? It puts food on their table. The shoppers also have access to an array of goods. Living simply on low income doesn't necessarily equate to soulless. On the other hand, poker provides little value to society and is cannibalistic by its very nature. But sure, maybe the value it provides is entertainment and a dream of getting rich.

There are also companies that exist to scam people. For example, the free real estate house flipping courses that travel around and hold seminars. They prey on uneducated unsuspecting people who are given a short time limit to make the decision of locking themselves in a contract to pay for a generic program that charges progressively more, $1000 to start. Then $5000 for the next step. Then $25,000. They show you how to increase your credit card limit and make you pay with that. Straight cannibalistic. Same with fortune tellers. They prey on people and provide zero value. I think poker is closer to those than Walmart.

Explain again how Walmart created value for the thousands of ma and pa groceries, pharmacies, hardware stores, boutiques, etc that have been systematically wiped out.

To me Walmart is this eerie contrast of the pinnacle of capitalism executed using socialist tactics.

Walmart prices based on region, so the more affluent an area the more expensive the products. People gotta eat and feel like they have access to the basic necessities. They aren't literally standing in front of a government building waiting for rations, but how far from socialism is it when a large portion of the money they accept are government hand outs.

Walmart fascinates me.

Nitewin please stahp, im embarrassed at even reading your posts
Your view of the world would lead us to something like 1984

Everyone should be given an equal chance if they degen it up , its their fucking problem.

Is anyone actually free? No, we are all slaves to one thing or another, every single person in the entire planet, not person, but species rather. That does not mean someone else should decide for you if you can or cannot do something. Thats pure stupidity at the highest level possible. Your utopian view is far from GTO, its the exact opposite of GTO for society, since you ignore the very fundamentals of humanity. We re not ran by an AI that does every decision based on rationality, otherwise the cases you are trying to prevent would not exist to begin with.

waiting for Loco to chime in lol