Here’s a nice story. ‘Worth remembering.
Jack Straus began playing in World Series of Poker events in the early 1970s.
He finished in fourth place in the 1972 Main Event. He won his first bracelet in 1973 in the $3,000 Deuce to Seven Draw event and also finished in third place in the Main Event that year. He won the 1982 World Series of Poker Main Event, earning $520,000 and a second WSOP bracelet. His appearances at the final table of the Main Event in 1972, 1973, and 1982 put him in a small elite group players to have made the final table three or more times.
1982 World Series Of Poker Main Event
Famously, Straus’s 1982 win was a comeback after being down to a single $500 chip, supposedly the origin of the common tournament poker aphorism: “a chip and a chair.”
Although accounts vary, the most common story is that he pushed his chips into the pot, was called and lost the hand. Straus had thought he was eliminated from the tournament, but when he got up, he discovered he had one chip left under a napkin on the table.
Because he did not declare himself all-in, the tournament directors allowed him to continue playing.
With one chip.
Still In the Game
Straus, from this single chip, went on to win $520,000 in 1982.
Today, that’s worth $1,400,000.
At Always wear Red we created 100 Limited Edition Poker chips to commemorate this. As a reminder to us all. Take a look at the photo, above.
So long as we are still here, we can do amazing things.
We’re Still in the Game.