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     One Chip Takes All

Jack “Treetop” Strauss, so called because of his massive height- 6foot 6 inches, was a poker legend. He was inducted into the Poker Hall of Fame in 1988, and died at a poker table of a heart attack in a high stakes game at the Bicycle Club in Bell Gardens, California. His final hand was a complete bluff, but one his greatest triumph came at the 1982 World Series of Poker in Las Vegas’ Binion Horseshoe Casino. The field was the biggest in the history of the event at that time, with 104 players entered. The tournament was a large part of the reason Strauss was named to the Hall of Fame, the play the stuff of legend.


Early in the tournament, things had not gone well for Strauss. He seemed to be on quite an unlucky streak, one that appeared to be tournament long. All his big hands were getting topped by even bigger hands, and any attempts he made at bluffing were being called. In the middle of a key hand for a huge pot, Strauss jumped out of his chair in anger and announced “I’m betting it”. He shoved all the chips in front of him with both hands and shoved them into the middle of the table. His opponent called, and showed Strauss his winning hand. Brave man.


Strauss picked up his coat and prepared to leave the tournament in frustration, when he found alone $500 chip that was hidden on his table, missed in his attricious final all-in. Strauss’ opponent claimed that the chip was his, a legitimate complaint as Strauss had clearly meant to put all he had on the last hand. Tournament officials reviewed the situation and declared that as Strauss had never actually vocalized that he was going all-in, the chip was still live and still Strauss’.
With almost nothing left to lose, Strauss indulged his freewheeling style of play and went on a legendary run of the tables. He doubled up on consecutive hands and used his aggression and bluffing ability to build chips the rest of the day.


On day two, Strauss picked up a $30,000 pot of the Main Event and ended the day as the chip leader. By the end of cay three, Strauss had a total of $340,000, more than twice that of his nearest competitor. Strauss met Dewey Tomko on the final day, but Strauss was not to be stopped, winning the tournament with a $520,000 first place finish, the largest in the history of the event at that time.


Hard as it is to believe, Strauss turned one chip into a fortune. His story and others can be read in Jonathan Grotenstein’s All In: The (Almost) Entirely True Story of the World Series of Poker.