Phil Hellmuth Quotes

Play the game for more than you can afford to lose... only then will you learn the game.

Whoever gambles with the dollar, loses

Of course I gamble, to make the games interesting. But five hundred dollars a game, tops. Or sometimes a thousand. No heart attack bets.

If I gamble, I go for the lowest-end blackjack or slots. It's because I don't like to lose!

I'll never play for more than I can afford to lose.

That's why I be so careful with my money and always try to invest. I see people who have it all and then lose it.

I live in Las Vegas and I like my money, but I don't gamble, but I said to my wife I want to put a $100,000 on Shogun.

I don't gamble.

You'd have to get my money out of my cold dead hand before I gambled it away.

I'd say it's that most people think that very wealthy people take huge risks and that's why they have huge rewards. But the very best on earth are completely obsessed with not losing money. That sounds overly simplistic, but they know that if you lost 50 percent, it takes 100 percent to get even. Most people don't make that math in their head, so it takes years and years. They are obsessed with not losing money.

I kept these games pretty intimate. You know, with this much money on the table, with this much risk, you wanted to make people feel safe. They don't want to feel like they're part of a spectator's sport - well, the winners do, but the losers do not.

Money talks, and when it starts to say goodbye, humans listen and act accordingly.

The willingness to take risk is largely a function of wealth.

The worst problem I've probably had was the gambling - you can do your money in the bookies a lot quicker than you can do it in the pub.

Never lend people money you can't afford to give them as a gift.

When I lose a big pot, I go a little crazy.

Most gamblers do it for ego. It's not about winning or losing, it's about challenging your ego and showing your mates you're fearless and will bet on anything.

Let's say I go completely broke, I'm about to star in the next '30 for 30: Broke.'

Money comes and goes. I may make a million dollars, then get a divorce and damn near lose all of it.

The moment I write out a cheque, it's an asset I have written off.

If I die and am worth $50 million as opposed to $3 billion, it is really not important.

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I couldn't care less about big markets. That's not who I am.

If you play professionally, you can expect to go broke at some point.