Josh Axelrad on The Moth

Richard Munchkin

Richard Munchkin

Well-Known Member
Josh played for a very large BJ team, (not MIT) and I think may have been a poster here. He wrote a book called Repeat Until Rich. Anyway, I am a big fan of The Moth. The Moth is a place where people get up every month and tell stories. I highly recommend you check them out at themoth.org, and here is Josh telling a story about his blackjack playing and then his descent into degenerate poker playing.

(Dead link: http://cdn.themoth.prx.org/moth-podcast-189-josh-axelrad.mp3)
 
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HsiaoDi

Well-Known Member
If I remember correctly he was addicted to online poker, did he ever recover... would love to know what happen since the publishing of his book.....
 
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WRX

Well-Known Member
HsiaoDi said:
If I remember correctly he was addicted to online poker, did he ever recover... would love to know what happen since the publishing of his book.....
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He SEEMED to be recovered as of the publishing of his book, but you never know when these things can recur. Actually, he only lost $50,000, really not that bad compared to what he won at blackjack. What was more serious, IMHO, was losing a year of his life doing nothing else productive, and poisoning relationships with others. The fact that he ended up broke for a time you can't put solely at the feet of his poker addiction. It was more that fact that he wasn't earning anything for quite a while, but was still spending money like it was going out of style. Axelrad recognized his own situation very well, and wrote in the book of a sadly amusing occasion on which he paid for an expensive Manhattan hotel room instead of just taking a train back to his home in Brooklyn, just because he felt like spoiling himself on a whim and couldn't tolerate the thought of his own modest apartment.

High stakes play risks turning you into an action junkie.
 
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