From Wall Street failure to poker champ: ‘Very lucky not to be unlucky’

Steven Begleiter, the Wall Street firm’s head of corporate strategy before it collapsed and was bought by JPMorgan Chase in 2008, took winnings from his hometown poker club and headed to the World Series of Poker in Las Vegas July 2008. Now he’s back, fully funded by poker-club winnings.

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Sat, November 7th, 2009

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Useful poker information:

  • TELL - Any personal mannerisms that reveal the quality of one's hand. E.g., constantly looking at one's hole cards is often a tell of a poor hand. (Some players, knowing this, will at times check their hole cards when they have a great hand and don't need to look.)
  • FISH - A player who loses money. An old saying is "If you can't spot the fish at the table, *you* are the fish.".
  • TRIPS - Three of a kind. In Hold'em the term SET is used when two of the three cards are hole cards.
  • UNDERDOG - Before all the cards are dealt, a hand that does not figure to be the winner. Ant: FAVORITE.
  • SEMI-BLUFF - To bluff with a come hand that figures to win if it hits.
  • SUITED - Two or more cards all the same suit. Ant: OFF-SUIT.
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