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Lawrence Revere

lawrence-revere-225x300Introduction

Lawrence Revere was a pit boss for 28 years as well as an author and professional Blackjack player. Born Griffith K Owens on November 5 1915, he played under several aliases, including Leonard “Speck” Parsons and Paul Mann.

Revere graduated from the University of Nebraska with a Degree in Mathematics a was known for his card counting strategies developed with Julian Braun detailed in “Playing Blackjack as a Business” The strategies included The Revere Point Counting, The Ten Count Strategy, The Revere Five Count Strategy and The Reverse Plus-Minus Strategy. He was a controversial figure as he worked both sides of the game, a casino pit boss, and a player where he advised both and his strategies still get used today.

Making The Most of his Experience

Revere is amongst the most famous names in Blackjack, and he grew up on the streets during the Great Depression hawking newspapers for two cents apiece. By the age of 13, he got involved in a life of gambling, working as a Blackjack dealer in the backroom of a barbershop. After graduating with a Masters in Math’s during World War II, he moved to Las Vegas. Revere had no trouble finding employment at a casino as a Blackjack dealer climbing the ladder to pit boss, even operating his own casino for a while.

His employers didn’t know that he was secretly batting for the other team as a professional Blackjack player and soon became a master of disguise to sustain his anonymity throughout his extensive 27-year gambling career. Lawrence Reveres 1969 publication Playing Blackjack as a Business was the first strategy guide on Blackjack written by a professional Blackjack player with insider knowledge from both sides of the fence.

Where is he now?

Sadly Lawrence Revere passed away on April 23 1977, from lung cancer and in 2005, Revere’s accomplishments got recognized with his worthy induction into the Hall of Fame.

Phil Ivey

phil-ivey-300x200Phillip ‘Phil’ Ivey Jr. started playing poker, illegally, in Atlantic City, New Jersey as a teenager. In fact, one of his nicknames, ‘No Home Jerome’, derives from the fake identification he used to play live poker in those early days. Nevertheless, Ivey, who turned 42 in 2019, has blossomed into, arguably, the best all-round poker player in the world. He currently lies twelfth in the all-time money list, with $26.4 million in live earnings.

In the World Series of Poker (WSOP), Ivey has won ten bracelets, the same number as Johnny Chan and Doyle Brunson and five fewer than all-time leader Phil Hellmuth, who has fifteen bracelets to his name. Ivey won his first WSOP bracelet in 2000, when he defeated the late Thomas Preston Jr., better known as ‘Amarillo Slim’, heads-up in a Pot Limit Omaha event at Binion’s, Las Vegas; it was, in fact, the first time his illustrious opponent had been beaten heads-up at a final table in the WSOP.

In 2017, Ivey admitted to ‘edge sorting’ – that is, exploiting subtle defects on the back of playing cards to identify them as beneficial or otherwise – at the Borgata Casino in Atlantic Jersey. Consequently, he and his playing partner, Cheung Yin ‘Kelly’ Sun, were found in breach of the casino contract and ordered to repay $10.1 million in winnings They did not and, in early 2019, a federal judge granted permission for the Borgata to pursue assets belonging to Ivey in Nevada, having discovered that he holds non such assets in New Jersey.

The Longest Run In Vegas

vegas-300x152It is truly impressive to hold the longest winning streak among all of the big wins. As a result of Archie Karas’ incredible run in Las Vegas, the term ‘The Run’ has become synonymous with his journey.

The Mirage was his first stop in Vegas when Karas arrived with $50 in his pocket. In this environment, he bumped into the same poker player he had met in LA and persuaded him to stake him $10,000. With this bankroll, he played $200/$400 limit Razz and in no time his bankroll grew to $30,000. He paid $10,000 to his backer plus another $10,000 for staking him.

With only $10,000 left, Karas was confident of blowing up his bankroll. A bar was more appealing than the poker tables to him, so he decided to play pool instead. His chance meeting with a high-stakes poker player also occurred here. As soon as they started talking, the two agreed to play high stakes 9-ball pool, in which each game would be played for a $5000 wager.

This player was always referred to as Mr. X by Karas and he would never reveal his real name. In the end, Karas won hundreds of thousands of dollars playing pool. Karas continued to win, and Mr. X raised the stakes to $40,000 per game, but Karas still won.

Binion’s Horseshoe then offered poker tables for the two to play at. Additionally, Karas won $3 million here and quickly accumulated his winnings. One of Kara’s biggest strengths and weaknesses was that he was never afraid to put everything on the line. Without flinching, he was willing to stake his whole bankroll. With $4 million in winnings, he finished this marathon betting session.

As a result of his continued play in Las Vegas, he increased his bankroll within three months to $7 million. It wasn’t long before he gained a reputation as one of the most successful high-stakes poker players in Las Vegas.

Daniel Colman

daniel-colman-300x300Massachusetts-born Daniel Colman currently ranks seventh on the all-time money list, with live earnings of just shy of $29 million. His position is thanks, in no small part, to the second largest payout in poker tournament history, $15,306,668, which Colman took home after winning the World Series of Poker (WSOP) ‘Big Drop for One Drop’ tournament in 2014. In fact, 2014 proved to be a seminal year for the 23-year-old Colman, who collected four titles, including the European Poker Tour (EPT) Super High Roller event in Monte Carlo and the Seminole Hard Rock Poker Open in Hollywood. Nevertheless, Colman caused controversy by flatly refusing to give interviews after Big Drop for One Drop and later calling poker ‘a harmful game’.

Colman began playing poker as a 17-year-old, in online heads-up sit-and-go tournaments, where he attracted the attention of former hedge fund manager Olivier Busquet, nowadays heralded as one of the best players of that form of poker in the world, who became his sponsor. By his own admission, in 2012, Colman was on the verge of abandoning poker to return to his college studies but, having ‘messed up’ his applications, decided to give the game one last try. The following year, he became the first player of hyper-turbo poker – in which blind levels increase every three minutes or so – in online history to win over $1 million in single calendar year; in fact, in just nine months, Colman amassed a total $1,018,708, before rakeback, on the Pokerstars network.