Wall Street is where poker and modern financeand the theory behind these “games”clash head on. In both worlds, real risk means real money is made or lost in a heart beat, and neither camp is always rational with the risk it takes. As a result, business and financial professionals who want to use poker insights to improve their job performance will find this entertaining book a “must read.” So will poker players searching for an edge in applying the insights of risk-takers on Wall Street.
The story of Doyle Brunson, an American treasure and the greatest poker player of all time, is one for the ages. It’s a story of guts and glory, of good luck and bad, of triumph and unspeakable tragedy, of courage and grace. He has survived whippings, gun fights, stabbings, mobsters (the real-life ones portrayed in the movie Casino), murderers, and a death sentence when, riddled with incurable cancer, he was given months to live by doctors who told him his hand was played out. Apparently, fate had never played poker with Brunson-he lived. Of a group of 32 men he played poker with in the tough alleys of Texas, just he and one other survived the treacherous perils of that life. A master of the bluff, his most outrageous bluff came after being pistol-whipped and told he’s going to die with a gunman pointing a pistol at his forehead. Again, he lived. He’s gambled for millions of dollars-and with his life against the real-life mobsters and killers made famous in the movie Casino-and was the biggest sports bettor in the world with a reputation of betting enormous sums of money on just about anything. Doyle has not only made more money at golf than anyone else until Tiger Woods came along, he once bet one million dollars on a single hole-that, when he was virtually wheelchair-bound and could barely stand. He’s been hard-up flat broke more times than he’s got fingers and has won millions of dollars just as many times. Brunson has seen it all: from the athletic dreams and a leg shattered by a freak injury which waylaid his path to the NBA (he was drafted by the Lakers), to the devastating death of his first-born daughter, to outrageous exploits like trying to discover Noah’s Ark and raise the Titanic. Doyle’s rollercoaster of a life defines the saying: Truth is stranger than fiction.
Twice a winner of the prestigious World Series of Poker in Las Vegas, he’s won millions and lost millions-sometimes in seconds-but decidedly more of the former than the latter. Brunson can still be found playing in the highest stakes poker games in the world, often with as much as one million dollars in front of him. To every one of the 250 million people worldwide who play poker each year, Doyle Brunson, is the legendary “Babe Ruth of Poker-the greatest gambler and poker player who has ever lived.
Learn the fundamentals for winning at the hottest gambling game in America! Specifically developed for the beginner and intermediate player, you’ll learn whether to hold’em or fold’em with confidence as you master the strategies used by expert players.
In Play Poker Like the Pros, poker master Phil Hellmuth, Jr., demonstrates exactly how to play and win — even if you have never picked up a deck of cards — the modern games of poker, including: Texas Hold’em, Omaha, Seven-Card Stud, and Razz.
Phil Hellmuth, Jr., a seven-time World Champion of Poker, presents his tournament-tested strategies to beat any type of player, including:
- The Jackal (crazy and unpredictable)
- The Elephant (plays too many hands)
- The Mouse (plays very conservatively)
- The Lion (skilled and tough to beat)
Play Poker Like the Pros begins by laying out the rules and set-up of each game and then moves on to easy-to-follow basic and advanced strategies. Hellmuth teaches exactly which hands to play, when to bluff, when to raise, and when to fold. In addition Hellmuth provides techniques for reading other players and staying cool under pressure. There are also special chapters on how to beat online poker games and an inside look at tournament play.
Tournament poker is very different from standard ring game poker. While they might appear the same from a distance, there are many differences in proper strategy that are often unknown to many experienced cash game players. Some players excel at tournament poker. This is not luck — these are players who have a very strong understanding of what the proper strategy adjustments are, and when they come into play. It is no coincidence that the same players make it to final tables far more than their fair share. This book explains tournament strategies that only a small number of players have mastered. It assumes you already know how to play poker well, but aren’t knowledgeable of tournament-specific concepts and when and where to use them. Some of the ideas discussed include the effect of going broke, the Gap Concept, how chips change value, adjusting strategy to rising stakes, all-in strategy, final table play, making deals, the “System,” focusing on weaker opponents, unusual plays with aces and kings, moving in against the blind, and much more. This newly expanded version contains over 100 new pages of updated material dedicated almost entirely to today;s most popular form of tournament poker: no-limit hold ‘em.
