Notes

Chip Reese Becomes Greatest Cash Game Poker Pro of All-Time.Why Slow Roll Poker Is really a Rude Solution to Play in a Casino.The Loosest Video Poker Games (And How to locate Them)
If you?ve ever made the drive into Las Vegas with a pocketful of cash and a dream, the legend of David ?Chip? Reese is right up your alley.

A talented student, Reese earned himself a scholarship to attend law school at Stanford University. While making the cross-country drive to California, Reese and a pal made a decision to take a pit stay in LAS VEGAS circa 1974.

Armed with only $400 and an all natural acumen for Seven Card Stud poker, Reese decided to hit the card room. Inside a day?s time, he had built that initial bankroll to over $20,000, enough to subsidize per year or two their studies at Stanford with room to spare.

But like any true gambler would, Reese decided to let it ride, taking his newfound funds to the biggest Stud Poker game in town to tackle the local sharks. For most folks, a tale such as this would end in misery and regret, as the up and coming poker player gets their clock cleaned by NEVADA? notorious local pros.

Reese wasn?t like the majority of folks though, and promptly, he tripled his stake to leave the overall game with $66,000 at hand. In a 1980 profile published by the Washington Post, it was said that Reese walked the fine line between winning and losing his life?s savings.

As his friend packed up and prepared to hit the road going back leg of their westward journey, Reese announced he wouldn?t be attending Stanford after all. Bitten by the high-stakes poker bug, Reese elected to skip school in lieu of a new career as a specialist gambler.

Brief Biography of Chip Reese
Stumbling into situations was rare for the young Reese, a methodical thinker who excelled in his studies at every level.

As a boy, Reese was confined to his home for a complete year on doctor?s orders while coping with a bout of rheumatic fever. This era of his life was spent learning and mastering games like baccarat, bridge, and poker skills which would eventually come in handy decades later.

Reese told his fellow poker pros he was ?a really product of this year,? attributing his innate talent at the poker table to per year spent with little else to accomplish. At just six yrs . old, Reese became a normal winner in impromptu poker games held by older children at his elementary school.

Beating his fellow students became a habit, and he continued to turn down an offer from Harvard University to attend another Ivy League institution in Dartmouth College. As a member of the Beta Theta Pi fraternity, Reese spent his evenings schooling his brothers in games like Seven Card Stud and No Limit Texas Hold?em.

His prowess at the frat house?s poker table became so apparent that Beta Theta Pi later named its den the ?David E. Reese Memorial Card Room? in his honor.

After earning his undergraduate degree from Dartmouth, Reese was ready to further his education at Stanford, until a detour to NEVADA changed his life, and the planet of poker, forever afterward.

Reese Teams up With Doyle Brunson
During his first few years grinding the Las Vegas high-stakes poker cash games, Reese regularly squared off with Doyle Brunson, one of the original ?Texas Road Gamblers.?

Eventually, both formed a lasting friendship based on their mutual love for the game of poker. In 1978, with Brunson fresh off winning the WSOP Main Event in back-to-back years (1976 and 1977), Reese decided to have a crack at the tournament format for himself.

Playing in one of his first WSOP events, Reese used his best game of Seven Card Stud Hi-Lo Eight or Better to earn a gold bracelet and $19,200 in prize money. Brunson and Reese finished up collaborating on the former?s legendary poker strategy book ?Super/System: A Course in Power Poker? (1978), with the latter invited to write a chapter on Seven Card Stud.

Selecting a Steady Living Over WSOP Gold and Glory
Another WSOP win would follow in 1982, when Reese took down the $5,000 buy-in Seven Card Stud event for $92,500. Reese went on to record a set of runner-up finishes at the 1985 WSOP, accompanied by another at the 1988 edition, but his focus remained on the more lucrative cash games.

Mike Sexton, a fellow poker pro and founder of the World Poker Tour (WPT) who was Reese?s good friend, once mentioned that the late Stu Ungar might?ve been Reese?s equal on the felt. But it was Reese?s sharp retort, later recounted by Sexton when speaking to the Las Vegas Advisor, which revealed his personal poker philosophy:

?Maybe. Nonetheless it doesn?t matter. He never understood the thing of the game. The thing of the overall game was to continually grow your wealth, continually enhance your lifestyle, and look after your loved ones. All Stuey wished to do was to gamble each day as high as he could and continue drug binges.?

Dalla had a similar story to tell the LA Times regarding Reese?s preference for high-stakes cash games on the often unrewarding grind of tournament play:

?Had Chip Reese focused on tournament poker instead of cash-game play, he perfectly might have been the best player in World Group of Poker history. But fame was never near the top of Chip Reese?s set of priorities. He cared no more than the money.?

Reese became a staple in the biggest poker games held in Las Vegas, often serving as the organizer by inviting well-heeled ?whales? for his fellow sharks to feast upon.

Reese?s preternaturally calm and humble demeanor made him an ideal go-between for poker pros and wealthy businessmen, tourists, along with other people that didn?t mind dusting off stacks of profit exchange when planning on taking on the overall game?s greats.

His friends and opponents revered Reese for never ?tilting,? or allowing his emotions to boil over following a bad beat.

Reese Returns to WSOP to Win the Title of a Lifetime
For decades, Reese dedicated his time at the tables to beating the biggest cash games around.

Actually, between 1995 and 2002, Reese recorded exactly zero tournament cashes. However when the ?poker boom? was sparked in 2003, tournament prize pools suddenly swelled to the point where even Reese was tempted to take a shot.

In 2006, the WSOP hosted its inaugural $50,000 buy-in H.O.R.S.E. event, a mixed game tournament featuring five variants?Texas Hold?em, Omaha Hi-Lo Eight or Better, Razz, Seven Card Stud, and Seven Card Stud Hi-Lo Eight or Better.

At that time, the $50,000 buy-in made the WSOP H.O.R.S.E. World Championship the biggest poker tournament ever held. Reese showed up to play alongside 142 other top-tier pros, each of whom had the $1.7 million first-place payout within their sights.

After three grueling days on the felt, Reese played his way to the final table where a murderer?s row of elite poker talent awaited. His old buddy Brunson was there, holding a second-place stack to find himself trailing only Reese.

Brunson finished up bowing out early after a big loss, but Reese played his way right into a heads-up duel against fellow top pro Andy Bloch. During a marathon heads-up session lasting over seven hours, setting a fresh WSOP record in the process, Bloch built big leads on several occasions.

Even so, Reese continually clawed his way back into contention, eventually amassing the majority of the chips in play before dealing Bloch the death blow. You can watch Reese, Brunson, and other top pros like Phil Ivey battle it out at the 2006 WSOP $50,000 buy-in H.O.R.S.E. final table here, thanks to ESPN?s coverage.

With his third gold bracelet at hand, Reese was asked to expound on his WSOP legacy by industry media outlet PokerListings:

?I won them so long ago I could?t remember what they were for, but I understand I won one for Seven-Card Stud, which was a big deal at the time.

But back then the bracelets weren?t such a big deal, and I didn?t even play on the planet Series for ten years. Had I known that the bracelets were likely to become so important, I'd have played in far more tournaments.

But, I?m really pleased to win this event. It?s the 1st time they?ve had this event, and I think it?s likely to be a very popular event.

I know that the very best pros think it?s their favorite event and I?m really pleased to have won it.?

And while he might have been reticent to enjoy the seven-figure score, fellow pros like Daniel Negreanu were pleased to celebrate Reese?s legacy-defining victory.

Untimely Death and a Lasting Legacy at the WSOP
Reese would go on to earn one more cash game at the WSOP in 2007, but that December, complications from the blood clot and pneumonia combined to fell the poker giant in his sleep at age 56.

Brunson remembered his late friend by lionizing him as the ?greatest poker player who ever lived.? Former WSOP commissioner Jeffrey Pollack echoed those sentiments, calling Reese ?the greatest cash player who ever lived, but also a World Series of Poker legend.?

In 2008, the WSOP began awarding the ?David ?Chip? Reese Memorial Trophy? to the champion of its $50,000 H.O.R.S.E. event, which is known today as the Poker Player?s Championship.
They simply don?t make poker players like Chip Reese anymore. The man lived and breathed poker at the best levels. But unlike a lot of his contemporaries who became destructively consumed by the game, Reese never failed to look after his family, contribute to charity, and use his winnings for the higher good.

Stories like his, you start with a detour to NEVADA and a dream of winning big, don?t normally happen in real life, but Reese was always a larger-than-life figure anyway.
Want to see how mad someone gets if they?re slow rolled? Watch this video of Phil Hellmuth getting mad at TJ Cloutier.



Did you notice how mad Hellmuth got? Even the headline says that he exploded.

By all accounts, Cloutier wasn?t intentionally trying to slow roll Hellmuth here. In fact, Cloutier is this type of class act that Hellmuth?s reaction seems even whinier and classless than usual.

Alternatively, it is possible to understand Hellmuth?s frustration, as he correctly guessed that Cloutier was bluffing and then find that Cloutier had overlooked his hand.

If someone does make a mistake and appearance like they?re slow rolling, give them the advantage of the doubt, as Hellmuth eventually did for the reason that video.

Is Slow Rolling Considered Cheating?
You?ll sometimes come across an obnoxious player who likes to slow roll. When you (or other people at the table) says something to him about any of it, he?ll usually respond that it?s not contrary to the rules.

Someone Pulling a Ace of Hearts Out of these Sleeve to Cheat

That?s rules-lawyering at its finest. You can find official, written rules, and you can find unofficial, unwritten rules. Slow rolling may not be cheating, nonetheless it?s almost in the same way bad.

Some cardroom managers won?t enjoy it, though. They have some leeway related to what?s going on in their poker room, so it?s better to stick to their good side.

And don?t think for one minute that the cardroom manager won?t notice everything you?re up to in the event that you?re slow rolling. The reaction will undoubtedly be so bad it will be impossible not to notice.

In a tournament setting, there could even be penalties. And cardrooms do have explicit rules about disrupting their poker games. Should they decide your slow rolling is disturbing another players, you will probably find yourself getting the boot.

Slow roll poker is bad poker without upside. It?s harmful to the other players, nonetheless it?s even worse for you. It?s more fun to win at poker when you are a gentleman who shows a little bit of panache than it really is to be an obnoxious lout that no one really wants to play with.

Among the basic tenets of etiquette in any situation, including poker, would be to think about the method that you?d like to be treated in exactly the same situation. If you think about any of it, I?m sure you?ll admit to yourself that you wouldn?t enjoy it if someone slow rolled you.

Most importantly, though, it will reduce the level of action you?re in a position to get. You can?t win money at poker if nobody will play with you.

And friendly, happy players are more likely to gleefully put more money into the pot.

How to avoid slow roll poker? Show your hand quickly, every time it?s your turn to take action, if you don't?re folding. Even then, do it fast and don?t make the other players wait.Apart from a firm grasp of basic strategy, probably the most successful video poker players share one thing in keeping: a knack for seeking the loosest machines.

But what does the word ?loose? mean in terms of video poker?

Many players believe, mistakenly I would add, that a loose video poker machine has been calibrated by the casino to pay out more frequently. Because the theory goes, casino operators may want to boost their undertake a slow weekday, so they loosen a few machines to generate more jackpots ? and more excitement.

In reality, the casinos have no control over an individual video poker machine?s payback percentage. Instead, that crucial figure is pre-programmed right into a particular machine, based on the game variant and pay table being used.

Every video poker machine on the market includes a random number generator (RNG) to control the outcome of every hand dealt. Because of this every draw you take is entirely random, with the casino overlords exerting no control whatsoever on the outcome.

But if that is true, why do so many video poker enthusiasts ? and also casino venues ? talk with regard to loose and tight machines?

Basic mathematics, of course.

Take your classic Jacks or Better game, the base variant which forms the foundation for some modern video poker offerings. When playing any Jacks or Better machine ? whether you?re on the Las Vegas Strip or perhaps a dusty local casino out in the sticks ? the payout and probability ratios remain the same.

Put simply, your odds of making a hand just like a flush (1.ten percent) or perhaps a full house (1.15 percent) don?t change from venue to venue.

What can change, however, is the payout awarded once you make that flush or full house.

On some machines, you?ll be paid 6 coins per coin wagered when you spike a flush, and 9 for a complete house. But head over to another casino ? or even another machine within the same venue ? and that flush payout can be lowered to 5 coins, or simply the full house payout drops to 8 coins.

These seemingly minor adjustments are in fact quite important when assessing a video poker game?s viability.
When you look for a Jacks or Better machine paying 9 coins for a full house and 6 for a flush, these conditions develop a payback rate of 99.54 percent. That?s the best payback you?ll find on Jacks or Better, which is why the 9 / 6 payout scheme is called ?full-pay? in the video poker world.

Conversely, in the event that you hit a Jacks or Better game paying 9 coins for a full house, but only 5 coins for a flush, this 9 / 5 game pays back at a 98.45 percent rate. And on an 8 / 6 game, the payback falls all the way to 98.39 percent.

Every variant of video poker beneath the sun works exactly like this, with a full-pay setup offering the most bang for a player?s buck, followed by several inferior pay tables.

For players looking to turn a profit on their favorite casino game, the secret is locating these full-pay machines and sticking to them above all others.

Before I present you with one of the useful tools in the video poker industry, let?s take a moment and review the pay table discrepancies for several of the very most popular variants:

Payback Percentages by Variant and Pay Table
JACKS OR BETTER

Pay Table Payback Percentage
*9 / 6 Jacks or Better 99.54%
9 / 5 Jacks or Better 98.45%
8 / 6 Jacks or Better 98.39%
8 / 5 Jacks or Better 97.30%
7 / 5 Jacks or Better 96.15%
6 / 5 Jacks or Better 95.00%
*Full pay

ACES AND EIGHTS

Pay Table Payback Percentage
*25 (Four of a Kind) / 8 (Full House) 99.78%
20 / 7 97.72%
*Full Pay

BONUS DEUCES WILD

Pay Table Payback Percentage
*10 (Straight Flush) / 4 (Four of a Kind) 99.86%
9 / 4 99.45%
8 / 4 99.06%
13 / 4 / 3 98.80%
7 / 4 98.69%
12 / 4 / 3 98.28%
*Full Pay

BONUS POKER

Pay Table Payback Percentage
*8 (Full House) / 5 (Flush) 99.17%
7 / 5 98.01%
6 / 5 96.87%
*Full pay

DEUCES & JOKER WILD

Pay Table Payback Percentage
*9 (Five of a sort) / 6 (Straight Flush) 99.07%
8 / 6 98.52%
9 / 5 98.35%
7 / 6 97.97%
9 / 9 / 1 96.06%
*Full pay

DEUCES WILD

Pay Table Payback Percentage
*25 / 15 / 9 / 5 100.76%
25 / 16 / 10 / 4 99.73%
25 / 15 / 9 / 4 98.91%
20 / 4 / 4 97.97%
20 / 12 / 10 / 4 97.58%
16 / 13 / 4 96.77%
12 / 4 / 4 96.01%
20 / 10 / 8 / 4 / 4 95.96%
*Full pay

DOUBLE BONUS POKER

Pay Table Payback Percentage
*10 (Full House) / 7 (Flush) 100.17%
9 / 7 Double Bonus 99.11%
9 / 6 Double Bonus 97.81%
9 / 4 Double Bonus 97.74%
9 / 6 / 4 Double Bonus 96.38%
8 / 6 Double Bonus 96.23%
9 / 5 / 4 Double Bonus 95.27%
*Full pay

DOUBLE DOUBLE BONUS

Pay Table Payback Percentage
*10 (Full House) / 6 (Flush) 100.07%
40 / 10 / 6 99.96%
9 / 6 98.98%
8 / 6 97.89%
9 / 5 97.87%
8 / 5 96.79%
7 / 5 96.38%
6 / 5 94.66%
*Full pay

JOKER POKER

Pay Table Payback Percentage
*20 / 7 / 5 100.64%
18 / 7 / 5 98.94%
16 / 8 / 5 98.59%
17 / 7 / 5 98.44%
20 / 6 / 5 98.41%
*Full pay

LOOSE DEUCES

Pay Table Payback Percentage
*15 (Five of a Kind) / 10 (Straight Flush) 100.97%
12 / 11 100.47%
12 / 10 100.02%
15 / 7 99.78%
15 / 6 99.42%
*Full pay

TENS OR BETTER

Pay Table Payback Percentage
*25 / 6 / 5 99.14%
20 / 6 / 5 97.96%
*Full pay

As possible probably tell right now, hunting for the entire pay games within any video poker variant is essential to long-term success.

Payback percentages can drop drastically when a good single payout is reduced, and on the long term, this can severely dampen your expected return.

Unfortunately, most recreational players ? and also some self-styled experts ? don?t have a firm grasp of the important concept. Rather than take the time to find a full-pay machine nearby, these players simply bite the bullet and play on the inferior pay tables out of convenience.

As their logic goes, it?s still exactly the same game played with exactly the same rules, so should they just adhere to basic strategy and play their finest, all will undoubtedly be well.

Unfortunately, that?s just not how it works when math is concerned. Playing perfect strategy on a game repaying at a 98.00 percent rate will produce significantly lower long-term returns when compared to a 99.00 percent alternative.

Knowing these facts, the secret to locating the loosest video poker machines around really isn?t a secret at all. Video poker machine manufacturers like International Game Technology (IGT), WMS Industries, Aristocrat, Konami, and Aruze are all required by law to make public the payback percentages for confirmed variant or pay table.

Armed with this easily accessible information, sharp players can skip on the lower-paying machines to create their bankroll to probably the most favorable situations all the time.

This requires a little bit of due diligence on your part, so don?t misunderstand me there.
Thankfully, several fine folks on the market have done a lot of the legwork already by creating a massive database of video poker payback percentages from all across North America.

Make use of the vpFREE2 Tool
Utilizing the extremely useful Video Poker Games and Machines Search function found on the vpFREE2 website is your best bet for locating loose machines.

Simply put, this resource has it all.

Using basic drop-down menus, you can tailor a look at different companies several different parameters, such as:

Game Type (Jacks or Better, Joker Poker, etc.)
Pay Table (9 / 6 full pay, 9 / 5, 8 / 6, etc.)
Coin Denomination (1�, 25�, $1, etc.)
Hands Dealt (1, 10, 100, etc.)
Region (NEVADA Strip, West Coast, Midwest, etc.)
Playing around with the vpFREE2 search tool is approximately as fun as it gets for a video poker sharp. No matter where you are on the continent, several clicks will bring up accurate results for each video poker machine in the area.

Say you?re interested in playing Deuces Wild video poker somewhere in the American Midwest. Obviously, in cases like this, you?d be searching for the 1 2 2 3 5 9 15 25 200 800 full pay table, which creates a 100.76 percent payback rate ? among the rare times you?ll ever look for a positive expectation game on the casino floor.

Only a couple of clicks separate you from a full report on all matching machines in the Midwest.

In cases like this, you?ll only find Deuces Wild using the inferior 1 2 2 3 4 13 16 25 200 800 paytable setup, which produces a payback of 96.77 percent. Those machines are available at the nickel and quarter stakes inside Majestic Pines Casino in Wisconsin.

That payback rate isn?t excellent at all, so let?s imagine you?ve taken a trip to Las Vegas to get those elusive Deuces Wild full-pay machines.

In accordance with vpFREE2, the 1 2 2 3 5 9 15 25 200 800 full pay games ? and their amazing 100.76 percent payback rate ? are available at several off-Strip casinos, including Aliante, Boulder Station, and Fiesta Henderson.

This tool makes things even easier yet by including actual directions to create your way through the venue and discover your machine of preference.

Regardless of the stakes you play, or the variants you like, the vpFREE2 video poker search tool is by far the easiest way to locate the loosest machines around.

Locating the loosest video poker games is approximately finding the machines that offer the very best pay tables. When you find a very good pay tables, you nevertheless still need to use the correct strategy to keep the house edge only possible. But you may use this guide to help you find the best machines.
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