Dusty “Leatherass” Schmidt Joins DragTheBar.com
Poker training site DragTheBar.com announced Friday that renowned online player and instructor Dusty “Leatherass9” Schmidt has joined the company as a lead instructor. Schmidt will make poker videos and actively participate in the site’s member forums, according to DragTheBar.com CEO and professional poker player Hunter Bick.
“Dusty is one of the top mid-to-high-stakes players in the world, period”, Bick said. “He’s played so many hands at such a high win rate that his depth is simply unmatched. But as good a player as he is, he’s an even better instructor. It’s unusual to find someone who can do both. We don’t want our site to just have good poker players as coaches – they must be well spoken and great teachers too. Dusty embodies those qualities better than anyone.”
Schmidt, 28, joins DragTheBar.com after spending three years as a lead instructor for StoxPoker.com. Schmidt first joined the site as a member and gradually worked his way into a role as co-owner and instructor. He resigned from the company last week due to “irreconcilable differences.”
On the felts, Schmidt has earned more than $3 million during his five-year career, logging nearly 7 million hands over 10,000 hours. In 2007, Schmidt achieved Poker Stars’ SuperNova Elite status in just eight months while playing high-stakes cash games. He posted the world’s highest win rate in both $5/10 NL and $10/20 NL in both 2007 and 2008. In a four-month period between Nov. 2007 and Feb. 2008, Schmidt won in excess of $600,000 in high-stakes cash games. Today, he can be found playing as high as $25/50 NL online, often as many as 20 tables at a time.
“I couldn’t be more excited about coming to DragTheBar.com”, Schmidt said. “I was feeling as though I was getting away from my teaching roots a little bit and this allows me to do what I love and do best. The relationship just feels really, really good. They support my interests, and in turn I’m looking forward to watching this site become the finest in the world in very short order. I can’t wait to get involved with their members and watch them improve as poker players.”
Schmidt becomes the 11th coach at DragTheBar.com, a roster that includes some of the world’s top online-poker instructors and players, including Jeremy “ChipSteela” Menard and Ian “IggyMcFy” Gordon. The site offers affordable membership and rakeback options at a variety of poker rooms, and its poker-training videos and poker software are compatible with iPods and other MP3 players.
On top of coaching and playing, Schmidt recently released his top-selling book, Treat Your Poker Like A Business. The book focuses on teaching players how to develop a professional approach to the game, both on and off the felts. He provides readers advice on a whole range of subject areas from winning strategies and profitable times to play, to software and record keeping.
“Poker has done a tremendous amount for me in terms of the independence and quality of life I’m able to experience now”, Schmidt says. “I like to think that I have something to offer all poker players, from those who view it as recreational to aspiring pros who want to turn the game into something more serious than a hobby.”
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Poker argot:
- THIRD STREET - In Stud, the third card dealt to each player.
- BET - To put money into the pot, pursuant to the rules of the game, thus maintaining a chance of winning the pot.
- ASSAULT RIFLE - In Omaha, hole cards that are A-K-4-7 of any suit(s).
- DOYLE BRUNSON - In Hold'em, 10-2 in the hole. So named because Doyle Brunson won two straight WSOPs (q.v.) in 1975 and 1976 with 10-2 on the last hand. (Suited (spades) in 1975, unsuited in 1976).
- PASSED OUT. - A hand in which nobody opens. What happens next is a function of the game being played.
- REBUY - [1] To purchase additional chips after an initial buy-in, usually after losing most or all of the previous buy-in. This term is most often used in certain tournaments where if one loses all one's chips, or falls below a certain minimum chip level, for an additional sum of money one can purchase a fixed amount of additional tournament chips. Usually there is a time limit (The "REBUY PERIOD") as to how long rebuys are allowed. [2] The additional chips "rebought" in tournament play.

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