Poker Winner Blog

In the USA you will find the record useful if you have a big win, as gambling wins are subject to tax. Players can offset gambling losses against winnings, but the IRS requires players to keep an accurate record of dates, bets made, address of gaming establishment, names of people with you and the amount won or lost. Comps also count as winnings. In addition, proof of expenditure, like casino receipts and bank records, will need to be shown if you are audited. Read the rest of this entry »

At one point Ungar raised seven hands in a row. No one called. Was he bluffing? Of course he was — some of the time. Everyone knew that. But no one knew when. Every contestant hoped one of his opponents would be eliminated first. It didn’t matter which one. Every time someone was knocked out, the surviving players climbed another rung on the pay ladder. Ungar knew that.

Ungar’s mastery of the table seemed palpable. He was a shark among a school of fish, and he sensed blood in the water. Bao, short on chips the entire day, was the first to fall — eliminated by Judah. By 1:30 p.m. Ungar had more chips than his remaining four opponents combined. Read the rest of this entry »

Phil Hellmuth, Jr.

The self-described “poker brat” is one of poker’s most intriguing, yet controversial players. At times, he demonstrates a level of ingenuity that is rare, even among high-stakes poker players. On other occasions, Hellmuth admittedly plays so poorly he probably couldn’t beat a small-stakes game. Originally from Madison, Wisconsin, Heilmuth is the son of a university dean. He started playing poker seriously while enrolled at the University of Wisconsin and soon discovered he was far more interested in playing poker than studying. Read the rest of this entry »