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With the World Series of Poker (WSOP) annual series less than 10 days away from storming Las Vegas, the poker world has been buzzing with excitement on the return of what will be a comeback for the mega-series after a 26-month-long gap.
But along with the thrill comes a few clashes as well. It all started when Mike ‘The Mouth’ Matusow tweeted about selling his WSOP action on YouStake. While he offered a generous 25% freeroll on the smaller events to anyone buying half of his action in the $10K buy-in and higher events, what got him in the crosshairs was the 1.5 markup he was charging in these high rollers.
I’m selling 50% of all my wsop 10 k or higher @YouStake come checkout my package! I’m giving a free 25% in my smaller tourneys for free to anyone who buys half of my 10 k or higher events! My poker games been real sharp & I’ve only lost 1 yr @wsop! Good luck us! #positivity
— Mike Matusow (@themouthmatusow) September 15, 2021
Given that markups have been a sore topic among the poker community, Matusow’s tweet did not go down well with many. Andrew Barber went so far as to say that Matusow was “robbing people.”
This markup situation in poker tournaments is never gonna go away, is it? Big names are straight up robbing people once again, and it’s because the people buying simply don’t know enough about the process.
— Andrew Barber (@abarber1) September 19, 2021
Another boycotter is playing!
— Andrew Barber (@abarber1) September 16, 2021
Many shared Barber’s views.
Hard pass. You suck something awful.
— JoeyBallCap$AMC (@JoeAnde41589955) September 16, 2021
I don’t think anyone thinks mike is a loosing player at the WSOP. But there is no way he is beating $10ks at 1.5
— ryan zenner (@R_K_Zenn) September 19, 2021
I’d rather bet my money on dogecoin
— Luis Alberto García (@SurfPiplup) September 16, 2021
I wish you would go back to boycotting the WSOP!
— Michael Peterson (@MikePita) September 16, 2021
However, some did come to Motusow’s defense, especially 15-time WSOP bracelet winner Phil Hellmuth.
— phil_hellmuth (@phil_hellmuth) September 19, 2021
He even called out Barber, tweeting that he has made his backers $200,000.
I’ve made @youstake customers almost $200,000. I’ve won 22-out-of-24 times (with one break even: it’s 23-out-of-24 times). If you don’t believe me, Look back at my social media, you’ll find I am right. I believe @themouthmatusow also has YT customers lifetime ahead
— phil_hellmuth (@phil_hellmuth) September 20, 2021
But Barber stood his ground, saying that “Mike isn’t beating the 10k’s or the 25k at 1.5.”
Phil, you don’t buy a lot of action. I *promise you* that Mike isn’t beating the 10k’s or the 25k at 1.5. You shouldn’t be so confident.
— Andrew Barber (@abarber1) September 20, 2021
Besides Hellmuth, many others believed that being a four-time WSOP bracelet winner, Matusow’s markup was justified.
He has four bracelets in four different variants. How many other poker players can make that claim? I doubt more than 10.
— DLJoy (@TearsDeJoy) September 16, 2021
I just bought some Mike. Good luck! ️
— A Statistic 2 Remind U Of A World Tht Doesnt Care (@Phillip91779384) September 17, 2021
You final tables last time I staked. I’ll definitely jump in again. GL Mikey
— Weston (@weston_broad) September 16, 2021
Well, this wasn’t the first time a controversy with markups has happened, and it certainly won’t be the last!