How I Manipulated The World's Richest Men: “They Lost $100 Million In One Night!” - Molly Bloom (Molly's Game)

48 snips

Aug 17, 2023

Molly Bloom, a former Olympic skier turned poker entrepreneur, shares her wild journey from running high-stakes games for Hollywood’s elite to facing legal battles. She reveals how she made her games unique and managed notable players, including kicking Dan Bilzerian out. Molly reflects on the intense psychological lessons learned, including witnessing a staggering $100 million loss in one night. She discusses resilience, the importance of emotional intelligence, and her path to finding purpose after the tumultuous world of underground poker.

Ask episode

AI Snips

Chapters

Books

Transcript

Episode notes

ANECDOTE

Taking the Leap

Molly Bloom planned her own poker game, upgrading the experience with a luxurious location and personalized service.
Her boss, initially angry, eventually expressed pride in her entrepreneurial move.

INSIGHT

Losing the Game

Molly Bloom lost her LA game because a movie star colluded with a high roller to move the game to a private setting.
This illustrates the cutthroat nature of high-stakes gambling and how quickly power dynamics can shift.

ANECDOTE

New York Ambition

Despite losing her LA game, Molly Bloom moved to New York to build an even bigger poker game.
Driven by anger and ambition, she aimed to create something five to ten times larger.

Get the Snipd Podcast app to discover more snips from this episode

Get the app

In this new episode Steven sits down with the author, entrepreneur and ‘Poker Princess’ Molly Bloom.

Molly is a former Olympic skier, and at 21 years old was ranked No. 3 in North America in moguls. After an accident, she left skiing and took a years sabbatical from the University of Colorado - Boulder to move to LA in 2004. Initially bartending, she began to run poker games in The Viper Room. These games attracted A-list celebrities such as Leonardo DiCaprio, Tobey Maguire, and Ben Affleck, playing for millions of dollars. In 2013, she was arrested for taking part in underground poker games and faced 10 years in prison, but was eventually sentenced to 1 year of probation. In 2014, she released her memoir ‘Molly’s Game’ which was made into an award winning film of the same name in 2017.

In this conversation Molly and Steven discuss topics, such as:

How her upbringing was based around competition and achievement
Why she was obsessed with achieving glory from a young age
Moving to LA and finding her way into running poker games
How she started running illegal poker games and made them different from others
The psychological lessons she learned from watching poker games
How she made herself indispensable to the game and its players
What it took to run the world's most exclusive poker nights
Having her poker game and income taken from her
Learning to pivot quickly from failure to success
Seeing someone lose $100 million in one night
Kicking Dan Bilzerian out of her poker game
How she was making $4-6 million a year from tips
The mafia showing up at her door
What she was able to learn from listening to the elite players of her game
How she had access to the world’s most powerful people
Becoming addicted to drinking and drugs
Her legal troubles with the FBI and facing 10 years in prison
Why she refused to snitch to the authorities for millions of dollars
The lessons she has learned coming out of the world of poker
Being comfortable with risk and the necessity of taking risks in life
How she was able to sell her story into a Hollywood movie

You can purchase Molly’s memoir, ‘Molly’s Game’, here: https://bit.ly/3OvOLxq