Re: Andy Beal's job offer to Ivey The way I understood it, Beal just said 'You know you could make a lot more money on Wall Street,' to which Ivey replied to the effect of 'You might be right.' No job offer made.
| Author | Michael Craig |
|---|---|
| Country | United States |
| Language | English |
| Genre | Poker, Gambling |
| Publisher | Grand Central Publishing |
| 2005 | |
| Pages | 282 pages (Paperback edition) |
| ISBN | 0-446-57769-3 (Paperback edition) |
| OCLC | 57316628 |
| 795.412 22 | |
| LC Class | GV1254 .C73 2005 |
The Professor, the Banker, and the Suicide King: Inside the Richest Poker Game of All Time is a 2005 book by Michael Craig detailing billionaire Andrew Beal's series of high-stakes poker games with Las Vegas' top professional poker players.[1] The book title refers to some of the professional players involved in this series. The Professor is mathematical poker mind Howard Lederer, the Banker is Andrew Beal himself, and the Suicide King is crazy, sometimes reckless player Ted Forrest. It also refers to the King of Hearts, since on the card the King's sword appears to be put in his head.[2][3]
Plot summary[edit]
The highest stakes poker match of all time was played over the course of a few years, between Andrew Beal and a group of professional poker players called 'The Corporation.'[4] The group included Ted Forrest, Jennifer Harman, Minh Ly, Doyle Brunson, Todd Brunson, Howard Lederer, David Grey, Chip Reese, Gus Hansen, Phil Ivey, Barry Greenstein, Lyle Berman and others. Many of them kept their identities anonymous, or were part of the group at different points.
Ted Forrest, a professional poker player, was driving outside of Las Vegas when he called the Bellagio poker room. The personnel in the poker room informed him the highest game is $10,000-$20,000. He went to the poker room and sat down with his last $500,000. He played against Chip Reese and Andy Beal. Forrest had lost $400,000 without playing a single hand, and questioned why he was there.
Back in February 2001, Beal first visited the Bellagio poker room. He enjoyed the atmosphere and met professional poker players, like Todd Brunson. He ended up winning over $100,000 crediting it to luck. Beal decided to study the game and face top players.
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Andy returned to Las Vegas and played heads-up with professionals for the highest stakes. Top professional poker players decided to pool their money with everybody who they thought could play the game against Beal. Beal began his match with Chip Reese, then Ted Forrest sat down. Down to his last $100,000 Forrest makes a comeback and wins $1.5 million. He is then asked to join the group and nobody else sits down besides Beal and his selected opponent, who alternates.
The matches continued for three years with the amateur multi-millionaire Andy Beal surprisingly winning most of the contests and eventually flying back to Texas with over $10 million of The Corporation's money. Late in the series, The Corporation was forced to have all of its members add money to the collective bankroll in order to continue the match. In March 2004, Beal announced he was finished with poker for good after losing $16 million in two days, primarily to The Corporation's young star Phil Ivey.
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Post 2004[edit]
For two years Beal keeps his vow to quit poker, but returns to high-stakes poker in 2006. These later matches were described online by Craig for Bluff Magazine.
Al Alvarez reviewed the book believing Andy Beal played for too long and Stu Ungar, who died in 1998, was connected to the Mafia.[5]
References[edit]
- ^Kaplan, Michael (29 June 2008). 'Pro Poker Players Bet Away From the Table, Too'. nytimes.com. Retrieved 2018-06-24.
- ^Burton, Eric (2005-07-05). 'Learning About 'The Professor, The Banker And The Suicide King''. PokerNews. Retrieved 2018-06-24.
- ^Kurson, Ken (2014-05-06). 'EXCLUSIVE: A Player Speaks; Molly Bloom Takes On Spider-Man Actor in New Book'. Observer. Retrieved 2018-06-24.
- ^Conneller, Philip (2015-03-17). 'Pam Anderson Rick Salomon Divorce Battle Brings Alleged $40M Poker Win from Andy Beal to Light'. Cardschat. Retrieved 2018-06-24.
- ^James, Murphy (2006-03-08). 'Al Alvarez: The Poet Laureate of Poker'. PokerNews. Retrieved 2018-06-24.
Andrew Beal is a well known banker whose success is right up there with Bill Gates and Donald Trump. He’s a multi billionaire who resides in Dallas, Texas. Ande is a college dropout. Beal has his hand in everything from Loan acquisition, to airplane stocks and the occasional $10 million dollar poker game.
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Beal’s Poker Strategy
Andrew Beal had an idea for high stakes poker. Since he was already wealthy and he could afford to risk big sums of money he figured he could take on the best in the world. His entire strategy would be to play stakes that were so high it would throw any opponent off their game. Because the stakes were so high pros could not play him until they formed what they call “The Corporation”.
All the best poker pros in the world like Phil Ivey, Erik Sagstrom, David Oppenheim, Jennifer Harman, Ted Forrest, Todd Brunson and many other well known pros were in on this corporation. What they did was pooled their money to play this tycoon at these high stakes cash games. The games that occur are considered the richest games to ever take place.
The Matches
On February 12-15 Beal played the “Corporation” and unveiled his talent. Andrew Beal won $10 million dollars from the pros. This was sort of a sweet revenge as he had lost $3.2 million to them earlier in the month. https://banggol.netlify.app/miami-club-casino-no-deposit-bonuses.html. The pros were eager to get a chance to win their money back so they invited him to LA where the World Poker Tour stop was. Against the advice from his friends and bystanders Beal took the “Corporation” up on their offer and he was off to LA.
Andrew Beal Plays Ivey
Phil Ivey Poker Tips
The next few days in Vegas proved to be the turning point in Beal’s poker career as he faced Phil Ivey. Pros and bystanders who watched the show down have concluded that Phil Ivey can truly be called the best poker player in the world. Many say it’s hard to determine this after just a few days of play but these few days may have changed things. Phil single handedly took back all the money they had lost during the previous month plus some more. Phil played his usual aggressive style by stealing pots and boggling his opponent, Andy Beal. Pots were now reaching over $1 million dollars and Phil pleaded the Corporation to raise the limits. The limits were previously lowered due to an agreement with the pros and Andy Beal.
In the next 22 days Andy lost all of the money he had brought to play with and announced he should have never played. He said he should have waited and made the “Corporation” come to his home town of Dallas and played them there.
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