Tim Heath
Estonia
Tim Heath is an Australian-born Estonian entrepreneur and poker player, best known as the founder of Yolo Investments and online crypto casinos like Bitcasino.io. While his live poker earnings are modest, he is a high-stakes cash game regular and was famously targeted in a kidnapping attempt in Estonia in 2024.
Early Career and Background
Tim Heath was born in Warracknabeal, Australia, and later attended Scotch College and the University of Melbourne, where he earned a Bachelor of Information Systems & Commerce (1997–2002). After graduating, he moved to Estonia, where he has lived for over two decades. He is an avid cricket fan and supporter of the Geelong Cats.
Poker Achievements
Heath's total live tournament earnings are $69,249, with a best cash of $22,523. His most notable result came in 2008 when he finished 6th in the PokerNews Cup. However, he is known more for his participation in high-stakes cash games and high roller events, often playing in private games across Europe and Asia.
Business Ventures
Heath is a prominent figure in the crypto gambling industry. He founded Bitcasino.io in 2013, and later Yolo Group (formerly Coingaming Group), which operates Sportsbet.io, Moneyball, and other platforms. His investments are managed through Yolo Investments, where he serves as Founder & General Partner. He also launched a bricks-and-mortar casino, Bombay Club, in Tallinn in 2024. In 2024, he debuted on the Australian Financial Review Rich List with an estimated fortune of $2.27 billion.
Personal Life and Incident
In July 2024, Heath was the target of a kidnapping plot in Tallinn, Estonia, where foreign nationals broke into his apartment, assaulted him, and attempted to force him into a car. He managed to fight them off. The incident was reported by Eesti Ekspress. Shortly before the attack, he married his girlfriend at a mountaintop fortress on the Croatian island of Hvar. He has kept a relatively low profile despite his wealth.
Playing Style
Heath is described as an aggressive and flexible player, adept at using position and stack depth to apply pressure. He is known for his ability to adjust to table dynamics and mix disciplined preflop ranges with bold bluffs postflop. His business background in crypto gives him a unique perspective on risk management, which translates to his poker decisions.
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