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Chip Reese

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Chip Reese
Reese at the 2005 World Series of Poker
Nickname(s)Chip
BornDavid Edward Reese
(1951-03-28)March 28, 1951
Centerville, Ohio, U.S.
DiedDecember 4, 2007(2007-12-04) (aged 56)
Las Vegas, Nevada, U.S.
World Series of Poker
Bracelet(s)3
Money finish(es)23
Highest ITM
Main Event finish		23rd, 1989
World Poker Tour
Title(s)None
Final table(s)1
Money finish(es)5

David Edward "Chip" Reese (March 28, 1951 – December 4, 2007) was an American professional poker player and gambler from Centerville, Ohio. He is widely regarded as having been the greatest cash game poker player.[1][2][3]

Early life

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Reese suffered from rheumatic fever during his years at elementary school and had to stay at home for almost a year. During this time, his mother taught him how to play several board and card games. Reese later described himself as "a product of that year." By the age of six, he was regularly beating fifth-graders at poker. In high school, he was a football player and was on the debate team, winning an Ohio State Championship and going to the National Finals.[4]

Reese attended Dartmouth after turning down an offer from Harvard.[5] At Dartmouth, he became a member of Beta Theta Pi fraternity, played freshman football briefly, participated in debate, and majored in economics. Reese also had tremendous success in poker games against students and some of his professors. He taught his fraternity brothers to play a variety of card games, including bridge as well as many poker variants. Reese played bridge occasionally at the Grafton County Grange. His fraternity later named their chapter card room, the "David E. Reese Memorial Card Room" in his honor. Reese had a brief interest in Stanford Business School but decided instead to play poker professionally after winning $60,000 in a high/low split game in Las Vegas.[6]

Reese's first visit to Las Vegas was so financially rewarding and so much fun, that he never left. He is thought to have hired someone to fly to Arizona to clean out his apartment and drive his car to Las Vegas.

Poker career

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Shortly afterwards, Reese collaborated on the seven-card stud section for Doyle Brunson's Super/System, the best-selling poker book of all time. In it, Brunson describes Reese as "one of the two finest young … poker players in the world" and the best seven-card stud player he had ever played.[7] He won the $1,000 Seven Card Stud Split event at the World Series of Poker in 1978, and the $5,000 Seven Card Stud event in 1982.[8][9] Reese decided to concentrate his efforts on cash games, however. He later became the card room manager at the Dunes casino. Brunson says he once lost $6 million to Reese.[10] In 1991, Reese became the youngest living player to be inducted into the Poker Hall of Fame. By 2006, he was still playing poker, also betting on sports.[4]

At the 2006 World Series of Poker, Reese won the inaugural $50,000 H.O.R.S.E. event, taking home the $1,716,000 first prize when his A♣ Q♣ held up against Andy Bloch's 9♣ 8♠ in the final hand, on a board of J♠ 7♣ 7♠ 4♥ 4♠. This event was notable for having the largest buy-in (at the time) in WSOP history, as well as the longest heads-up battle with Reese and Bloch playing for seven hours and 286 hands.[11] By comparison, the final table of the 2005 World Series of Poker Main Event lasted for a total of 232 hands.

As a tribute, the "David 'Chip' Reese Memorial Trophy" was inaugurated in 2008 as an additional prize for the winner of the $50,000 H.O.R.S.E. event at the World Series of Poker. The trophy depicts his winning hand of A♣ 7♣ 7♠ 4♥ 4♠.[12] Starting in 2010, the trophy was awarded to the winner of The Poker Player's Championship, the replacement for the $50,000 H.O.R.S.E. event. Retaining the $50,000 buy-in, the event added no-limit hold 'em, pot-limit Omaha, and limit 2–7 triple draw to the five H.O.R.S.E. games, which culminated with a no-limit hold 'em final table in the first two years for tv (2010 and 2011), since which the mixed game format is played until the champion is crowned[13][14]

Reese's total live tournament winnings exceeded $3,900,000.[15]

Death

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Reese died on December 4, 2007, at his Las Vegas home. Some sources state that Reese died in his sleep from the effects of pneumonia,[16][17] while friends of Chip, including Barry Greenstein and Doyle Brunson, speculate that his death might have been related to an earlier gastric bypass that caused a blood clot.[18]

Upon learning of Reese's death, Doyle Brunson stated, "He's certainly the best poker player that ever lived." World Series of Poker commissioner Jeffrey Pollack said upon his death that many consider Chip "the greatest cash game player who ever lived, but he was also a World Series of Poker legend."[19]

Reese's house in Las Vegas was put up for sale on June 8, 2008, at a price of $5,699,500.[20] He purchased the house with winnings from sports betting in baseball and from an investment in Jack Binion's Tunica casino.[21]

World Series of Poker bracelets

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Year Tournament Prize (US$)
1978 $1,000 Seven-Card Stud Split $19,200
1982 $5,000 Limit 7 Card Stud $92,500
2006 $50,000 H.O.R.S.E. World Championship $1,784,640

References

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  1. ^ Martin, Douglas (December 7, 2007). "Chip Reese, High-Stakes Card Champion, Is Dead at 56". The New York Times. Retrieved June 16, 2018.
  2. ^ "David Reese". Pokerpages.com. Archived from the original on May 13, 2008. Retrieved June 16, 2018.
  3. ^ Pajich, Bob (December 5, 2007). "Remembering Chip Reese - Poker News". CardPlayer.com. Retrieved June 16, 2018.
  4. ^ a b Moe, Al (February 28, 2006). "Legends of Poker - David 'Chip' Reese". PokerNews.com. Retrieved June 16, 2018.
  5. ^ Martin, Douglas (December 7, 2007). "Chip Reese, High-Stakes Card Champion, Is Dead at 56". The New York Times. Retrieved April 15, 2024.
  6. ^ "Legendary Poker Player Chip Reese Dies In Vegas". CityNews. December 11, 2007. Retrieved April 15, 2024.
  7. ^ Super/System (1979), pp.127–128.
  8. ^ "9th World Series of Poker - WSOP 1978, Seven-Card Stud Split". The Hendon Mob Poker Database. Retrieved April 15, 2024.
  9. ^ "13th World Series of Poker - WSOP 1982, Limit 7 Card Stud". The Hendon Mob Poker Database. Retrieved April 15, 2024.
  10. ^ Levin, Joe (July 2022). "At 88, Poker Legend Doyle Brunson Is Still Bluffing. Or Is He?". Texas Monthly. Austin, Texas. Retrieved July 11, 2022.
  11. ^ Fast, Erik (May 26, 2014). "The Top 10 Most Momentous Events In WSOP History". CardPlayer.com. Retrieved April 14, 2024.
  12. ^ Polson, Sarah (December 12, 2007). "WSOP honors Chip Reese". PokerListings.com. Archived from the original on November 21, 2008. Retrieved June 16, 2018.
  13. ^ "2010 WSOP Schedule Is Announced" (Press release). World Series of Poker. December 17, 2009. Retrieved December 31, 2009.
  14. ^ "2010 World Series of Poker Structure Sheet, Event 2: The Poker Player's Championship" (PDF). World Series of Poker. Retrieved February 2, 2010.
  15. ^ "David Reese's profile at the Hendon Mob". The Hendon Mob Poker Database. Retrieved June 16, 2018.
  16. ^ Pajich, Bob (December 4, 2007). "Chip Reese: 1951-2007". CardPlayer.com. Archived from the original on December 6, 2007. Retrieved June 16, 2018.
  17. ^ Calistri, Amy (December 4, 2007). "Poker Legend David 'Chip' Reese Dead at 56". PokerNews.com. Retrieved June 16, 2018.
  18. ^ Greenstein, Barry (December 4, 2007). "Thinking About Chip Reese". The Bear Blog. Archived from the original on December 7, 2007. Retrieved June 17, 2018.
  19. ^ Wise, Gary (December 5, 2007). "Three-time WSOP bracelet winner Reese dead at 56". ESPN Poker. Retrieved June 16, 2018.
  20. ^ "Home for Sale". Cyberhomes. June 8, 2008. Retrieved April 29, 2009.[permanent dead link]
  21. ^ "Chip Reese's House Is For Sale". WickedChopsPoker.blog. January 27, 2009. Retrieved April 29, 2009.
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