Haralabos Voulgaris: “I Sleep Better After a Big Losing Day”

Published on 11 July 2014 by Pokerlistings 1132

Haralabos Voulgaris is a professional gambler and sports bettor who's had money riding on something since he was 20 years old and he told PokerListings.com that he always sleeps better after a big losing day. Voulgaris is one of the most respected minds in the sports betting world and when he's not making bets on the NBA he can be found playing big buy-in live poker games. Voulgaris is currently playing the $10k WSOP Main Event in Las Vegas and we spoke to him about the $1 million WSOP One Drop and what it's like making a living betting sports. Check out this video and keep watching PokerListings.com for the latest news and videos from the 2014 World Series of Poker.

This doesn't stress me at all. Poker doesn't stress me. Sports doesn't stress me. I've been gambling since I was 20 years old or having money at risk on something since I was 20 years old. I actually sleep better when I have a really big losing day in sports, because I just go to sleep. It doesn't bother me. When I have a big winning day, sometimes I'm amped up a little bit and excited and it's harder, harder to go to sleep. In terms of stress, I don't really feel the stress anymore at all. Nothing really stresses me out. It's better than trading stocks. Our return...my return at my peak is definitely better than any stock fund for sure. It's a business. I'm not there jonesing, flipping coins or whatever. I'm trying to have an informed opinion on something and putting my money up. For the most part, I feel like I have a decent advantage every time I do that. I'm doing other stuff now, some other business stuff. Whether it's sustainable or not, I think is up for debate. Whether I can make enough money anymore to make it worth my while, I think is probably the real question versus whether I can make some money.

I've just built up enough money where I don't really do it for the money anymore, I don't think, in some ways. I just enjoy it and I do it when I want to do it. I'm not like a slave to it. It's not an obsession. I have ambition, but I feel like I'm 40 almost. There's nothing really I want to accomplish from like a business or financial stand point, I don't think. Maybe get to some obscene amount of wealth for some reason, maybe so I can buy a basketball team. It feels like that's getting harder and harder, when teams are going for billions of dollars instead of hundreds of millions. That's pretty tough. I just try to enjoy my life. I wake up and I decide I want to do what I want to do, then I tend to do it usually. Just kind of living, having fun, enjoying life. Being able to do what you love and being good at it is a huge luxury that a lot of people don't have. That's the one thing I really think about. The one drop I think is super interesting, you know, it's a charity event, it provides a lot [inaudible 00:01:58]. It's a great charity from what I've, everything I've read about it. It's a great charity, they provide a bunch of drinking water to a bunch of people who need it.

It's also kind of obscene, what you need to provide drinking water to these people in these countries, and then you have a stack of cash that represents $14, $15 Million dollars. I think it's almost offensive in some ways. The charity aspect of it is great, but the fact that these people are gambling for millions of dollars and people don't have clean drinking water is a bit weird to me. The business men are playing for fun and sport and near drawing dead. If you look at the top, the people who have gotten paid in the tournament, not cash, but won the most amount of money, it's all pros. The pros are playing for 20 percent max. Nathaniel had a huge piece himself, I think around 40 or 50 percent. But that's rare, most people are playing for small amounts. It's really not a million dollar tournament, I'm playing for a 200K tournament, or a 100K tournament. Some guys are playing for free roll pieces they're selling at mark up. The whole thing to me is a little bit bizarre. I think the charity is a great charity and I am glad to support it in any way, but I'm hoping they come up with something other than a million dollar poker tournament to do it.