How This Poker Star Became The Most Despised Man In Poker
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- Опубликовано: 22 май 2024
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There are few poker stars who are as despised as Howard Lederer. Lederer, in addition to Chris Ferguson was one of the key members involved in the Full Tilt Poker Scandal. But what is the story behind "The Professor"? Why did he choose to do what he did?
How This Poker Star Destroyed His Reputation With One Bad Call
• How This Poker Star De...
#poker #pokerstars #pokeronline #controversy #scandal 
Развлечения
What are your honest thoughts on Howard Lederer?
I have better things to do than think about him
He’s a scumbag
He will pass away due to obesity and karma little peepee syndrome
A greedy smug pos that do not regret anything but that they got caught. His ”apology” is just pure bullshit. Dont miss him and hope his life is pure shit.
well, he lost 7 figures of money.. he publicly apologized.. he's been humiliated at a world level, for a man who seemed to value the respect of the Poker community greatly
did he F up ?? seems so..
hard to say if he simply let someone else "dupe" him, when he is a genuine mathematical genius.. i had huge admiration and respect for him, followed his career starting 2002.
but... not knowing the "numbers" of your business where bogus..
thats hard to swallow.. impossible ? no.. and no criminal charges were leveled at him, which i think is more telling.
i played a LOT on Full Tilt.. i mean a lot, and lost only a few dollars on black friday (not everyone was made whole, and it was truly chump change, so never sweated it )..
you either give people a second chance, or you dont.. not up to be to forgive him.
if i sat down at a table and he was there, i would shake his hand, and just move on.
are you going to hold a grudge for decades ?? most everyone, from what i just saw, got any money they had in Full Tilt back.. so the harm was.. not egregious by any length.
and given how much i loved online poker, maybe it was a good thing i cant play anymore.. lol..
same for Chris Ferguson..
before all this, they were top poker pros in the world.
i think the poker game should welcome them back, and just play poker..
dont like the guy ? ok.. just keep it to yourself.. beat them at the table..
not beat them up on social media..
This documentary explained nothing. Total waste of time.
🤪
not a single word on How he did it!
I swear poker was on all channels and everyone wanted to become pros. But when this scam was exposed all that hype died. I cant remember last time I saw poker on TV
On Dish, at least 3 big tournaments have been shown in the last week or so.
Two poker channels on Pluto.
Scam?
I like watching these keep up the good work I’d like to hear more stories about old poker players like Amarillo Slim
Really appreciate it. Will def start going more old school soon
Wow, I never knew what really happened to him. Thank you for putting this on.
Thanks for checking out the video!
FBI seized over 1K USDs from me, pokerstars gave it back, I dont play poker anymore, now I play stars casino...
@@PokerBoomYTI poop on my bed regularly
Lmao most of them fell off from online piker too many ppl getting scam
And you still don't know, Mark. This video explained very little.
I remember months before the Black Friday shutdown, a few of my withdrawals took longer than usual and I used the FTP points for redeeming a few items (baseball cap and a t-shirt.) Those items never came. I've always felt that these issues, albeit small and personal, were kind of the writing on the wall for FTP's downfall. Poor oversight and shadiness were going on long before the 'Black Friday' downfall.
Same... I would keep getting account credits for long withdrawl times... that never came.
I did get a deck of cards though from the university. Still unopened
I was happy I owed full tilt 80$ when it went down😂😂
How did you owe them? Were they giving loans?
@SlopjawJohnson-ii9kb yeah on weekends you could bye chips before they process the money from your bank
@@billrevette4501 I see. I'm sure a ton of other people did the same thing.
Wow you showed them…
The $ goes in front of the number
Poker Black Friday was a huge event in my life. I was getting ready to quit my job and play full time because it was so lucrative and full of fish. And then BOOM, no more poker.
I was going to do the same.
I was making more money playing poker part time than I did at my full time job.
I was also on the fence, killing it in tournaments, no one knew how play. Those were the days. Then that day we will never forget happened. What could have been ?
Sounds very much like they didn't do their due diligence. While they lent their names to the sites as endorsements, they also didn't have much control over day-to-day operations and the entire scheme was suspect if they'd done SOME digging. I don't have much problem with these two playes despite the seizure
lol @ “Studied to be a chess pro”. He was a 1950 ELO chess player-so incredibly far from becoming a professional.
Ain't bad though, Room for improvement obviously.
Full Tilt still owes me $8.00😡
Even knowing this, Full Tilt was the greatest online poker experience ever. I play on ACR now, and it is great in its own way. Still doesnt compare to the excitement of Full Tilt. I loved so many things about it down to the little things like receiving a t shirt for eliminating a pro.
I loved Full Tilt. Black Friday was a sad day man.
Hey, i got a couple of those t shirts.
The free things you could purchase from player points. I still have the poker set.
All the online sites including Full Tilt would still be around today if the regime had not shut them down.
No doubt about it full tilt was awesome great mix of players. The tournaments were awesome!!!
Best voice of any poker channel!
Best last name of anyone in the comments
I really hate it when someone does something Bad but people mention how intelligent they are....being a Genius means nothing if you don't have Common sense....its just a UNABOMBER MOMENT
If they were so smart, they would not have gotten caught! Lulz
Mike Postle wants that title.
Has anything ever become of the Postle cheating scandal?
@@ranchopatriot The fucking piece of shit got away with it. Unfortunately, the American legal system lets you pick a jury.
So I'm guessing the defence picked non-poker players. The jury simply didn't understand what the odds of Postle getting that many wins, or never folding the best cards, were.
Although, I'm pretty sure nobody wants to play with him anymore.
I was a FTP player in the US ...where's my "refund"??
Demand it!
Same lol
If you didn’t get your refund yet wtf have y’all been doing smh 😮
Same man......2700$ gone in the blink of eye.
Pretty sure if you emailed them about it you could have got it poker stars paid everyone back who asked with they took over for full tilt
“How did he end up at rock bottom?” Are you crazy the guy stole 100 million + and NO JAIL.
Full Tilt got me for 16k- learned my lesson. No online Poker for me period.
Wow 16k?!? That’s brutal!
@@PokerBoomYT People were reimbursed by submitting a claim thru the DOJ. It's brutal if people were too stupid to submit a claim.
Always felt he was slimy
Your voice reminds me so much of John Krasinski and I'm here for it. Excellent content- new subscriber!
I'll take it! Thanks for the kind words
I remember this day so well. I was logged in to Full Tilt, but had left for the night to go play a live tournament. It wasn't normal for me to leave myself logged in when I wasn't playing, but I forgot to log out this time. While I was at the live tournament we got the news about what had went down. Thanks to my mistake, I was able to play on Full Tilt for 2 more days until my internet hiccuped and I got DC'd. lol.
That’s funny
So you continued playing knowing full well that you couldn’t withdraw anything you won? That doesn’t seem a good decision!
@@Gibraltarianoyou're not aware all US players did get their money?
@@dtny2la They didn’t. Those that did got it from pokerstars years later.
Way to go on smashing a viral vid of this magnitude. Cool to see your channel growing well!
Thank you! Appreciate you being here
I started playing poker somewhat seriously on the side in the early 2000’s however, I never trusted the online sites when they started popping up everywhere. I feel lucky to never have deposited money into them and feel for those that did. Admittedly, I much prefer live cash games vs online anyway so likely another reason I never played online.
I remember when all hell broke loose and knew quite a few people that had money with them. I only remember one person who had a lot with them and to this day I don’t know if he ever got his money back.
Thanks for sharing
Missed out on loads of money from donks
I got a check for my Full Tilt balance. I was on my worst ever losing streak the weeks leading up to BF.
The weeks leading up to Black Friday had suspicious play. I think the corrupt DOJ investigators had many accounts with super user accounts as they had access to the server before the shut down.
Just like corrupt DEA guys stole bitcoins from Silk Road ..
You missed out on pockets AA only to hit a royal on the turn vs 10 10. Gotta love crazy hands on classic poker stars.. 😅 honestly dumb to see such insane hands fathom out
Yeah it's too bad I paid about $200,000 of my mortgage with poker winnings from 2005-2011.
I had a few friends who got their refunds, but I never received mine. That whole situation was a shit show.
You never got yours??
Nope. I inquired about it when my buddies mentioned they got their funds back, but nothing came out of it. I'm not worried about it since it's been so long, but I would assume others ran into the same issue. That's why I mentioned it.
@@jndriggs I also never received my refund. It was just a little over $1k, but it still irks me today.
I didn't get my refund either, but is was such a small amount I didn't press it. Think is was less than $200 US.
I had about 250 in there and never got a refund either
Watching Tom Dwan destroy Howard in high stakes poker made me really happy
Dwan is the man
There is only one.
There's something about Dwan that has never sat well with me. There were so many online players that were infamous online cash game and tournament players with little to zero live earnings that destroyed the pros for quite awhile, ironic they got their bankrolls and reps on the sites owned by the pro players
As a up & coming poker player myself this the shit that really makes a player don't want to play, &&& I play online definitely ready for the table but I really really don't want to beat nobody up with bs like this
Scammers used bots and cheated online games
High stakes players who "have a piece of each other's action" are passively scamming at least, or actively scamming at worst, especially in fixed-limit games popular during the poker boom or in tournaments. By not playing each other, the colluders "freeze the action" for the rest of the table.
And the hero worship that young guys have for these poker players has got to stop so many of them are just reprehensible scum and the whole thing is one giant scam. All the buying and selling of action and trying to collude against wealthy visitors.
There's no better way to crush a hapless opponent than playing heads up, but somehow when Andy Beal came to Vegas, none of the pros wanted to play him heads up. Of course they had a built-in excuse that he wanted to play too high. 🙄@@jefffawcett
gambling involves cheaters and yet folks are surprised and shocked when that is proven over and over...
Been playing poker all my life. Never trusted online poker or anything online. Never put a dime into it, never will.
Tom, patch up that blue wall. I keep trying to rub the dirt off my screen every week hahaha
I had about $6,000 frozen on D-Day and I never saw any of that money again and shortly after, NY banned online poker for money and it's STILL against the law in NY. I only lost about $300 total - the rest was profit, but I was pissed. I earned that money. I tried really hard to get it too. I never saw a dime.
That suck's
I lost $1700 and never saw a dime returned.
I had about $3000 frozen for a year and then filed a claim as instructed and got a check from the US treasury..
I LOVED that software! Im not sure if howard can ever be forgiven
Didn't do a day in jail. People get heavier sentences stealing groceries.
It’s crazy that it’s been over 12 years and he’s still pretty much stayed away from poker. Even his Wikipedia page basically has no activity since this debacle.
What is he gonna do. The entire poker community hates him. Would probably get harassed if he tried to play
@@bobdole7292
I'm sure he's playing online anonymously at the least
Give me $100 million, you’ll never see me playing poker with a bunch of degenerates again
He stayed away from "visible" poker play. Besides he's comfortable I'm sure.
@@MikeGervasi I wouldn’t be surprised if he hasn’t played a hand of poker in a decade
I was playing a tournament on Paradise Poker. I played quite a few there. One evening, while i was playing, i saw the entire table's whole cards. They were pixelated but legible. It only happened on that one hand. never played online again.
“Hole”
I used to play stud on Full Tilt but fortunately I got out before the crash.
I mean this is a common thing. FTX did the exact same for Billions.
All the full tilt scum should be in prison and this dudes sister should be there with him
This didn't tell us what happened.
I was thinking the same. I believe it was the using deposit as shareholders thing not sure 🤷♂️
It's interesting that he hasn't come back and started the whole scam all over again. This happens so many times where these people get caught, but just months later, they are back at it and no one does anything to stop it...
True. At least it seems like he’s fone
@@PokerBoomYTI apologize but I speak English and I don’t understand the word “fone”?
@@Jusincasedone
@@JusincaseMy god. Do you have any ability to think.
Where do the f and d keys sit on the keyboard.
He made enough to walk away.
What exactly happened? It wasn’t explained.
They couldn’t pay players? What?
Hello how are you doing today
I remember the 1500player freerolls. The red lettered professionals and watching Gus on multiple tables.
I got his instructional DVD back in the day haha. Glad I got it from the used game/movie/music store.
I like how the United States Department of Justice made sure all non-US players got their money back and allowed the US players, the ones that they’re required to serve and protect, to be screwed over and get nothing back. 🙄
US players did get their money back. You had to fill out the paper work and make sure your name matches the account name.
@@johnnygolding8683
I never got mine and neither did any of my friends.
2003, the FBI out of Boston and NY were already after Online Poker. They were trying to place informants within these small companies.
Thanks. ✌🏻👊🏼
LEDERER AND ANNIE....2 SLIMEBALLS
Why is Anne hated ?
Annie Pukes scamming took place on Ultimate Bet. Cheaters
Agree 100%
@nutsaboutdance she's an absolute c'nt. Has a rule that if she's out of the hand she can look at your cards if she's sitting next to you. Self entitled and a hypocryte.
@@nutsaboutdanceBecause she’s a two faced bully, and she loves to cheat. Hold your cards close if sitting next to her.
I only lost a couple of tournament tokens. That place always seemed rigged to me.
Best thing that happened to me, online poker was the biggest time and money suck
He was my favorite player of them all in the 2000's. It's too bad... I'd like to see him playing again.
I believe he played in some wsop event last year, I could be wrong, I know Chris has been playing lately
I'm confused the narrator states that Lederer went silent from 2011 to 2016 when he gave an interview and took responsibility for what happened...but then the very last scene is the same image from the interview that was supposedly shown in 2016 but is dated 2012 on the screen? So was the interview given in 2012 or 2016?
I noticed that as well.
Full Tilt was fixed ! Sat a bot at tables to steal chips ! Flopped quad 10 in a cash game , guy goes runner runner gutter gutter straight flush and I was 3 betting every card ! The odds are astronomical! Almost threw my monitor out the window ! $800.00 cash pot
Why in the world would they need to do this. The greed....geeze
Thank Preet Bharara for killing US online poker.
Howard is still playing at the tables in New York underground
I played on online alot then but i still think people will always find ways to cheat.
I know Howard and he's a really good person, but like everything the government touches it turns to crap. I lost money too.,My last $6,000.. I don't blame him at all or anyone else. Man up and move on.
This video praises Lederer way more than it criticizes him, calling him an "Icon" many times.
Can you do a vid on Phil Laak? I saw him on Negraneu’s vlog but he seemed off.
They saw that Full Tilt would get all of the money on deposit from the rake and withdrawals would be covered by deposits. So, why not just give themselves some nice fat bonuses, except they didn't think about a US shutdown. Greedy and stupid.
i remember back when this was happening any time he showed up in a video or an article the comments were just "where's my fucking money howard" or something to that effect
It was funny watching him on high stakes poker and how awful he was compared to the top players
Not much was said about Annie who also disappeared from the poker landscape,
Though she wasn't mentioned another player who vanished though I don't recall if she was from the Full Tilt camp or PokerStars is Jen Harmon. I hadn't seen her in years until she was in one of the WSOP tourneys featured in Daniel's RUclips channel.Howard's style of play wasn't conducive to the High Stakes Poker or other shows that turned an 8-10 hr cash game with multiple buy backs sit n go into a couple 1/2 hour episodes.
He was a grinder that folded a ton of hands, who maximized profit and minimized losses in those hands played and wore people down until they made mistakes. The complete opposite of Negreanu, who to his credit has turned his "likeable good natured everyday Joe" personality (along with elite skill level) into 2 decades of being one of the most important and successful players in the world
No story will ever replicate the pure WTF IS GOING ON moment in poker like Isildur1s introduction to high stakes. The cheating scandals of full tilt and even the poker ripper account don’t really compare to throw or a guy appeared out of no where and played not only any high stakes pro, which few would do, but he wanted to play them at the same time 😂 Him crushing durrrr, who was the golden kid at the time, after he took all jungle man’s roll was mind blowing.
I’ve never seen a player have so many players rail their games. He was a phenom that turned the game on its head and his story is like a movie plot.
This is not fair to Isildur
@@wilhelmraspe1846 I mean he was no longer rolled to keep playing. He typed as much in the chat. After crushing him and Hasan not even the most over hyped poker nerds could predict just how epic the next few months would be 😂
damn i remember when my dads ultimate bet account got frozen, a lot of long nights playing poke with my dad. good times
One guy had like 500k bankroll at FT so shortly after the site went down and he could not get a dollar out he killed him self.
Very sad.
Is that true?
Sad Story
@@PokerBoomYT Good question. I see some people repeating that. I did searches and could find nothing. Matt “ADZ124” Marafioti was a poker pro who played on Full Tilt , he committed suicide in 2021 but there's no mention of any connection or losing 500k .
Not sad but hilarious
@@PokerBoomYT its true google it, I forgot hes name.
Good to hear he admitted his wrong at the end.
Crazy this years i played no Poker whats Happens there ? Site was rigged they stole the Players the Money or how did that Happen ? The Player gets refunded ?
Did you fail English in school? I am thinking so
@@hetzer7366 i think you must be very Bad at this maybe Go in 1 class again child 😈👹😆😆😆
The money that wasn’t refunded went on crypto!
I lost over 4K. Never got it back. If Lederer is truly sorry, he could pay me back.
Agreed!!
Where is too much money sure corruption exists!
if he tattoos the word scumbag on his forehead i will forgive him
Definitly a lot easier to win then
Things have changed...
What happened? What did Howard and full tilt do wrong? I don't play online poker or in person poker but i don't understand where the problem was?
Stealing players money... let's say for instance there is supposed to be 500 million dollars in these accounts worldwide for the millions of players but you only have like 200 million on hand because you are using that money to do whatever or buy whatever...
The only thing keeping it going was new people putting more money into it or it would have went broke on its own
@@deanvoss7098 Yes, ...in other words a Ponzi scheme.
sucks that all the full tilt people pretty much fucked up online poker for america
So true
Did it really matter? Black Friday happened because the government decided to shut it down. I don't see how things would be different whether or not people got their money back.
And Australia
It helped, but the agenda was always there. Casino owners like Adelson were bribing the government to shut down online poker and this just gave them the opportunity.
It's time for a Doug Booth story.
Sorry guys for stealing all that money…my bad!!
😂
@@PokerBoomYT the name just came so naturally!
It's okay, enjoy your retirement!
his body is shaped like a pear
Him and his sister are both scammers and thieves in my opinion. Anytime I see either one I let them know my thoughts.
i really like these background music songs. can anyone tell me what they are?
Liquor in the front ,poker in the rear.
Full Tilt will forever have $2200 of mine.
WOW! I know nothing about this. I can't even imagine losing friends, $, respect, and doing the thing I love just because I tried to get more $
He is a crook.
Why is the volume in this video so low?
Got my refund from AP
This is a total fail . . . You failed to give us any description of what actually happened.
This game is the same for all of them!!! He just got CAUGHT!!!
Lol full story. I thought this was just the intro
A good reputation:
A lifetime to build
Mere moments to destroy
So true
Him and his sister are both bad humanbeings
Money is fungible - most businesses are “ponzi schemes” then as new customers always pay off old dues. It’s when the music stops that any business goes belly up!
This article fails entirely to explain what happened.
Thank you. I'll stop watching.
What part did you fail to understand?
Thanks for saving me 8 minutes.
The true heroes are in the comments.
No he explained it. Lederer and fellow executives at full tilt poker embezzled players cash winnings for themselves. When the US government shutdown online poker, they discovered lederer had stolen player funds.
This isn't an article 🤡
CLIMB MOUNTAINS not so the world can see you, but so you can see the world.
I though joe Stapleton was the most hated man in poker? 😮
Online poker is such a scam
His 1v1 strategy is still meta..say whay you will....one if the best imo
I think most of these guys are scammers. When they're not on televised events, they play for peanuts.
The continual burnout effects make this hard to watch.
Never knew about this but I was a Poker Stars player back then. I really must have tuned-out after us USA players were banned. To Poker Stars credit they did all the right things to make us whole. I was participating in single table ladder tournament and had amassed 4 entries for the for the 4th round and 8 or so 3rd round - they paid those off based on the tournament pool. At the time I was shocked at how fair they were - no wonder Poker Stars is still going.
I wish they actually gave a shit about the state of the industry, but they're still one of the best sites.
@@kingconcerto5860 "One of the best sites" isn't saying much. It's all scripted garbage. Every hand feels like a highlight reel of the wsop. Coolers and suck-outs is the script for all of the sites. It's nothing like real poker.
Same here. . .they actually paid off a number of things I had going when the ban came down. I was fuckin shocked.