It does not sound like your friend is a sound poker player. If he cannot ride out the bad waves effciently then that says it all. Like the others have said if you really want too or if he really needs it, invest a smaller amount like 500-1K, a good poker player will grind that out into a profit...
Cookie Crisp used to be my favorite but now they changed it over to healthy made with whole grains or wheat or w/e and it sucks
Fruity Pebbles is next on my shelf