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Chip Reese

From Wikipedia, the free encyclopedia

Chip Reese

Chip Reese at the $50,000 H.O.R.S.E. event at the 2006 World Series of Poker.
Nickname(s) None
Hometown Las Vegas, Nevada
World Series of Poker
Bracelet(s) 3
Money finishes 17
Highest ITM main
event finish
23, 1989
World Poker Tour
Titles 0
Final tables 1
Money Finishes 5

David Edward "Chip" Reese (born March 28, 1951) is an American professional gambler from Centerville, Ohio.

He suffered from rheumatic fever during his elementary years at school and had to stay at home for almost a year. During this time, his mother taught him how to play several board and card games and Reese later described himself as "a product of that year." By the age of six, he was regularly beating fifth-graders at poker. At high school he was an excellent football player and appeared in the national finals of debating.

He attended Dartmouth College, after turning down an offer at Harvard University. At Dartmouth, he played freshman football briefly, participated in debate and majored in economics. He also had tremendous success in poker games against students and some of his professors. He taught his fraternity brothers at the Beta house to play a variety of card games, including bridge and FYB. His fraternity's card room was later named the "David E. Reese Memorial Card Room". He was admitted to Stanford Business School, but decided instead to play poker professionally after winning $40,000 in a tournament in Las Vegas. By the time he would have started at Stanford, he had made $100,000.[1] His first visit to Las Vegas was so financially rewarding and so much fun that he literally never left--calling several days later to quit his day job in Arizona and later hiring someone to fly to Arizona to clean out his apartment and drive his car to Las Vegas.

Shortly afterwards, Reese wrote the seven-card stud section for Doyle Brunson's Super System, the best-selling poker book of all time. In it, Brunson describes Reese as "one of the two finest young ... poker players in the world" and the best seven-card stud player he had ever played.[2] He won the $1000 Seven Card Stud Split event at the World Series of Poker in 1978, and the $5000 Seven Card Stud tournament there in 1982. His tournament results may seem modest, but he has decided to concentrate his efforts on cash games instead. He has been named in various gamblers' magazines as the best all-around gambler in the world, being proficient not only at all games of poker but also in games like gin and backgammon.

He later became the card room manager at the Dunes casino. In 1991, he became the youngest living player to be inducted into the Poker Hall of Fame. As of 2006, he still plays poker but also bets on sports.[citation needed]

At the 2006 World Series of Poker, Reese won the $50,000 H.O.R.S.E. event, taking home the $1,716,000 first prize when his A Q held up against Andy Bloch's 9 8 in the final hand, on a board of J 7 7 4 4. This event was notable for having the largest buy-in in WSOP history, as well as the longest heads-up battle with Reese and Bloch playing for 7 hours and 286 hands. By comparison, the final table of the 2005 World Series of Poker Main Event lasted for 232 hands total.

As of 2006, his total live tournament winnings exceed $2,500,000.

  • The purported amounts he made as a member of the "Computer Group," one of the most successful sports-betting syndicates in history, are likely in the tens of millions.

Contents

[edit] World Series of Poker bracelets

Year Tournament Prize (US$)
2006 $50,000 H.O.R.S.E. $1,784,640
1982 $5,000 Limit 7 Card Stud $92,500
1978 $1,000 Seven-Card Stud Split $19,200

[edit] References

[edit] Notes

  1. ^ Super System 127.
  2. ^ Super System 127–128

[edit] External links

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