US States
NJ Online Casinos
WV Online Casinos
PA Online Casinos
Michigan Online Casinos
Online Casino California
Online Casino Arizona
Online Casino NY
Real Money Casinos
Fastest Payout Casinos
Mobile Casino Apps
New Online Casinos
Casino Payment Methods
Sweepstakes
Sweepstakes apps
No deposit bonus
Daily login bonus
Sweepstakes games
Crown Coins
Funrize
Hello Millions
High 5 Casino
Jackpota Casino
Mcluck
MegaBonanza
PlayFame
Pulsz
RealPrize
Stake.us
Sweepstakes coins
Awards
Search forums
Free Games
Free Blackjack
Free Online Roulette
Free Slots
Bonuses
No Deposit Bonus
Crown Coins Promo Code
Funrize Primo Code
Hello Millions Promo Code
High 5 Casino Promo Code
Jackpota Promo Code
McLuck Promo Code
MegaBonanza Promo Code
Pulsz Promo Code
RealPrize Promo Code
Stake.us Promo Code
Games
Online Slots
Blackjack
Roulette
Poker
CardsChat Freerolls
How to Play Poker
Poker Hands
Poker Strategy
Free Online Poker Game
Poker Bonuses
Poker Tools
Poker Podcast
Poker School
Forum
News
Log in
Join
Search
Search
Search titles only
By:
Log in
Register
Search
Install the app
Install
Forum
Poker Discussion
General Poker
BOOK GIVEAWAY: The 50 Greatest Stories in Poker History
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Marton Magyar, post: 6376307, member: 490703"] Here's chapter 27, theStarfish's pick: CHAPTER 27 The Corporation vs. Andy Beal If there’s one chapter in poker history that feels more like fiction than reality, it’s this one. Andy Beal, CEO and founder of Beal Bank, was looking for some gambling action in the summer of 2001. Wanting to make it interesting, he sat down at the $800/$1,600 limit hold ’em table at Bellagio. Word spreads quickly about a new whale in Las Vegas. Soon enough, his table filled up. However, instead of being slowly stripped off of his money, Andy Beal hung in there. Meanwhile, he just kept asking, “Does anyone play for higher stakes than this?” The truthful answer was: not really. However, the poker pros didn’t want to let go of their new mark. So they pooled their money. Jennifer Harman, Doyle Brunson, Gus Hansen, Howard Lederer, Phil Ivey, Johnny Chan, and 10 other elite players formed “the Corporation.” The idea was that the pros would take on Andy Beal in a series of limit Texas hold ’em heads-up cash games, operating on one shared bankroll. Alone, none of them could afford the stakes at which Beal wanted to play. And, evidently, given that the pros were sharing the bankroll, Beal wouldn’t play against them in a full ring to avoid collusion on their part. The game started out as expected, with the Corporation booking a couple million in winnings after each session. The first turn came in the game when Andy Beal beat Johnny Chan out of around $5 million. At that point, Doyle Brunson announced that his company of poker pros was officially bust and asked Beal to return to their common home state of Texas. But the billionaire wanted to stay. As might have been predicted, Ted Forrest and John Hennigan took the opportunity and recovered their team’s losses. However, this battle was far from over. During the ensuing years, Andy Beal stopped by to sit down with some of the pros for super-high-stakes heads-up cash games. At other times, members of the Corporation traveled to Texas to face off Beal on his home turf in the VIP room of a gentlemen’s club. The stakes were as high as $100,000/$200,000. At that altitude, even the most seasoned poker pros have trouble breathing. Beal ended up booking a $10 million win in that session. Both sides vowed that the next session would be their last. Finally, the heads-up duel came to an end in February 2006 when Andy Beal took on Phil Ivey in a $30,000/$60,000 limit hold ’em cash game at Wynn Las Vegas. The action raged for three days with Ivey managing to end each day in the black. By the end of the third day, the poker legend had beaten the billionaire banker out of no less than $16.5 million. That was enough for Andy Beal. He put an end to his yearslong rivalry with the team of poker pros. He vowed to never play poker again. The total sum Andy Beal lost to the Corporation over the years is unknown. One thing is for certain: The game ultimately ended the way everyone expected it would at the start, with the professionals besting the daring whale by a considerable margin. However, something else is also undeniable: Andy Beal deserves the utmost respect from the poker community for putting on a show that will be remembered for generations to come. He also outperformed everyone’s expectations of him a number of times along the way. By the way, Andy Beal broke his vow of life-long abstinence from poker. In January 2015, he was back in Bobby’s Room, booking a $5 million losing session against Doyle Brunson’s son, Todd [/QUOTE]
Insert quotes…
Verification
Post reply
Forum
Poker Discussion
General Poker
BOOK GIVEAWAY: The 50 Greatest Stories in Poker History
Top