Aug 15 2011
High Stakes Community: Don’t Lend Chino Rheem Money
written by: James under News Comments: Comments Off
Chino Rheem made history this past weekend when he became the first ever player to win an Epic Poker League Main Event. The $1 million prize that Rheem received for his win brought his career live tournament earnings to a staggering $5.7 million. Obviously, Rheem won’t be having many financial difficulties for a while, right?
Wrong, according to fellow one-time November Niner and high stake poker player Joseph Cheong. Cheong describes Rheem as “broke” in a recent TwoPlusTwo forum post after explaining that Rheem owes him $40k, a sum that he never expects to see from the young, talented, and evidently highly indebted poker pro ever again barring a “miraculous heater.”
Cheong is not alone in these sentiments. His forum post was actually a response in a thread created by Will Molson, who also claims to have $40k owed to him by Rheem. Allegedly, Molson tried to lend Rheem $20k at last year’s EPT London, but accidentally made a transaction of double that amount. Even after cashing in the event for $150k, Rheem refused to repay Molson.
According to current November Niner Ben Lamb, placing a bet with Rheem isn’t a great idea either. Lamb did exactly that at the WSOP, and Rheem apparently wasn’t good for the money.
Fortunately, it seems as though Rheem’s recent EPL win may have him rethinking his approach to the debtor-creditor relationship. Lamb recently tweeted that Rheem finally paid him back in full, and that a number of other individuals received 10% down payments on what they were owed.
Rheem will have no choice but to improve his behavior if he wants to continue participating in the Epic Poker League, known for its rigid Code of Conduct. EPL organizers have already stated that they’ll be keeping a watchful eye on the League’s more “behavioral” players, and that any players that fail to meet the conduct standards of the EPL will be booted and outed publicly.
Comments Off - Click Here to Speak Up