Monday, April 17, 2006
The Poker Event You Won't See on TV
We might be taking a big gamble here in going off-topic, but it's nothing compared to billionaire banker Andy Beal's recent high-stakes poker venture. Beal became interested in poker in 2001 and developed into a world-class player, once winning a reported $12 million in one day. Earlier this year, in what is considered the largest head-to-head cash game of all time, Beal matched $20 million against a coalition of professional players that included Phil Ivey, Jennifer Harman, Todd Brunson and Ted Forrest. The average pot size per hand was well over $300,000, with the largest pot at $1.9 million. Wins and losses ran as high as $10 million in a day, and one session featured two $8 million swings. But after about two weeks, Beal had won most of the coalition's bankroll. Now we don't want to tell the entire story here, but Ivey, pictured above, engineered a turnaround that still has them buzzing in Las Vegas.
Posted by dawizofodds at 12:48 AM