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Chip Reese
Chip Reese
Chip Reese
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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]

Key Information

Early life

[edit]

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.[1] 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.[5]

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

[edit]

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.[6] 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.[7][8] 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.[9] 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.[10] 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♠.[11] 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[12][13]

Reese's total live tournament winnings exceeded $3,900,000.[14]

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,[15][16] 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.[17]

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."[18]

Reese's house in Las Vegas was put up for sale on June 8, 2008, at a price of $5,699,500.[19] He purchased the house with winnings from sports betting in baseball and from an investment in Jack Binion's Tunica casino.[20]

World Series of Poker bracelets

[edit]
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

[edit]
[edit]
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Chip Reese

View on Grokipedia
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David Edward "Chip" Reese (March 28, 1951 – December 4, 2007) was an American professional poker player renowned for his mastery of high-stakes and his three (WSOP) bracelet victories. Born in , Reese developed an early aptitude for cards after contracting in elementary school, which kept him homebound and led his mother to teach him various games; he quickly dominated neighborhood competitions, winning most local cards upon recovery. A graduate of Dartmouth College, Reese was admitted to Stanford Law School but deferred his plans after visiting Las Vegas in 1974 with $400, where he built his bankroll to $20,000 in moderate-stakes games at the Flamingo Hotel, including a $66,000 win in one night. His poker career spanned decades, marked by exceptional skill in mixed games like Seven Card Stud and H.O.R.S.E., earning him a reputation as the greatest all-around cash game player from peers such as Doyle Brunson and tournament director Jeffrey Pollack. Reese's major tournament successes included WSOP bracelets in 1978 ($1,000 Seven Card Stud Split), 1982 ($5,000 Limit Seven Card Stud), and a triumphant 2006 return in the $50,000 H.O.R.S.E. event, where he defeated Andy Bloch heads-up to win $1,784,640—his first bracelet in 24 years and the richest of his career, bringing his total WSOP earnings to over $2.2 million. Inducted into the in 1991 as its 19th member and the youngest at age 40, Reese was celebrated for thriving in private, ultra-high-stakes games, including "The Big Game" at the Bellagio's Bobby's Room with buy-ins starting at $100,000. Beyond poker, he excelled in , chess, and , even partnering with Brunson on ventures like a sports-touting service and unsuccessful investments in oil wells and racehorses; his wealth afforded him a 13,000-square-foot home, an oceanfront Santa Monica condo, and a lakeside property. Reese contributed to poker literature by authoring the Seven Card Stud section in Brunson's , and in his honor, the WSOP renamed its premier $50,000 mixed-games event the "Chip Reese " (now Poker Players Championship) after his death from a heart attack following symptoms, leaving behind his children Casey, Taylor, and stepdaughter Brittney Shea.

Early Life and Education

Childhood in Ohio

David Edward Reese, known later as Chip Reese, was born on March 28, 1951, in , a suburb of Dayton. He grew up in the Dayton area during his early years, in a family environment that emphasized close-knit support. Reese's childhood was markedly shaped by a severe bout of contracted shortly after starting elementary school, specifically during his first-grade year. The illness forced him to remain bedridden at home for nearly a full year, following medical advice to limit physical activity to protect his heart. During this extended recovery period, his mother, who stayed home to care for him, introduced him to various board and card games to pass the time and stimulate his mind. His great-grandmother also played a key role, teaching him poker using pennies as stakes; young Reese cleverly outmaneuvered her by glimpsing her cards reflected in her dark glasses. This period of illness not only fostered Reese's enduring interest in and but also honed his competitive edge. Upon returning to school, the six-year-old demonstrated remarkable aptitude by routinely outplaying fifth-graders in poker and winning nearly all their cards in neighborhood . His early reputation as a sharp, unrelenting player in local card contests—often described as that of a young "rounder"—stemmed from these experiences, laying the groundwork for his later prowess in .

High School Achievements

During his high school years at Centerville High School in the Dayton area of , Chip Reese distinguished himself as a versatile and accomplished student-athlete. He participated in football, playing on the team during his freshman year, highlighting his emerging athletic prowess and physical discipline. Reese also excelled in extracurricular intellectual pursuits, serving as a key member of the school's debate team. His team captured the Ohio State Championship in debate, and he advanced to the National Finals, demonstrating sharp analytical skills and persuasive abilities that foreshadowed his strategic mindset in future endeavors. Throughout high school, Reese maintained strong academic performance while juggling these demanding activities, earning a reputation as a disciplined and intellectually capable peer. Building on his childhood introduction to card games, he continued engaging in informal poker sessions with friends and older kids in the neighborhood, honing social dynamics and competitive instincts that would prove invaluable later.

Dartmouth College Years

Chip Reese enrolled at in the late 1960s, majoring in and immersing himself in the academic rigor of the institution. He graduated in 1973 with a , having maintained a strong academic record that reflected his analytical mindset, further honed by participation in activities during his high school years. During his time at Dartmouth, Reese became deeply involved in the campus poker scene, where he demonstrated exceptional skill in games against fellow students and even some professors. He dominated poker sessions to such an extent that the card room was later named in his honor, and he built his first substantial bankroll by consistently winning in these low- to moderate-stakes environments, often outplaying wealthier opponents known as "trust-fund babies." This period marked the beginning of his serious engagement with poker, transforming casual play into a profitable pursuit that showcased his strategic acumen. Reese's economics education at Dartmouth provided a foundational understanding of probability, under , and evaluation—concepts that he would later apply to calculating poker odds and managing bets effectively. Following graduation, he initially planned to pursue graduate studies at but altered his trajectory after early poker successes; en route to , he stopped in , where initial wins convinced him to forgo in favor of a full-time poker career.

Professional Poker Career

Entry into Poker

Upon graduating from in 1973 with a degree in , Chip Reese initially planned to attend but instead made a pivotal trip to in 1974. Armed with just $400, he entered moderate-stakes and quickly built his bankroll to $20,000 through skillful play, prompting him to abandon his legal studies and relocate permanently to the city. This rapid success marked the beginning of his professional poker career, as he recognized the potential for a sustainable livelihood in the game. Reese's economics background from Dartmouth proved instrumental in applying principles to during his early days, enhancing his analytical edge at the tables. Opting for over tournaments, he prioritized their steady income potential, focusing on mid-stakes rooms where he honed his skills and cultivated a reputation for reliability and prowess among fellow players. By the mid-1970s, around 1974-1975, he transitioned to full-time play, immersing himself in Las Vegas's burgeoning poker scene and associating with a new wave of professional players who were elevating the game's legitimacy. Throughout this formative period, Reese maintained a notably low-profile , balancing his intensifying poker commitments with a commitment to privacy and family stability away from .

Tournament Accomplishments

Chip Reese's tournament career, though selective, was marked by three (WSOP) victories, showcasing his versatility across stud variants and mixed games. His first bracelet came in 1978 at the 9th WSOP, where he won the $1,000 Split (Hi-Lo Eight or Better) event, defeating a field of 32 entrants to earn $19,200. This victory established Reese as a rising talent in limit games early in his professional career. Reese's second bracelet arrived in 1982 during the 13th WSOP, capturing the $5,000 Limit Seven-Card Stud title and $92,500 in prize money after outlasting competitors in a field dominated by stud specialists. This win highlighted his proficiency in heads-up play and strategic depth in no-limit and limit formats alike. After a 24-year hiatus from major tournament success, Reese returned triumphantly in 2006 at the 37th WSOP, winning the inaugural $50,000 H.O.R.S.E. World Championship—a high-stakes mixed-game event featuring hold'em, omaha, razz, stud, and stud eight-or-better. He navigated a star-studded final table including Doyle Brunson, Phil Ivey, and T.J. Cloutier, culminating in a record-setting seven-hour heads-up duel against Andy Bloch, securing $1,784,640—the largest payday of his tournament career and the event's top prize from a $6,864,000 pool. This victory, the highest buy-in WSOP event to date, underscored Reese's enduring skill in mixed disciplines. Beyond these bracelets, Reese made multiple deep runs in WSOP events, including a final-table appearance with a 6th-place finish in the 1979 Main Event and 23 overall WSOP cashes, demonstrating consistent performance despite his preference for high-stakes over frequent tournament play. His total live tournament earnings surpassed $3.9 million, reflecting a career focused more on selective, high-impact outings than volume.

Cash Game Dominance

David "Chip" Reese established himself as one of the premier cash game players in poker history, prioritizing high-stakes private games over the tournament circuit. He avoided the heavy grind of structured events, instead focusing on lucrative mixed-game sessions where his versatility across variants like H.O.R.S.E. shone, earning him a reputation as a master of no-limit Hold'em, Seven-Card Stud, and other disciplines. Reese anchored the legendary Big Game in Bobby's Room at the Bellagio in , a high-stakes venue where buy-ins started at $100,000 and pots routinely exceeded $1 million. He was a core member of the "Corporation," an elite syndicate of players including that pooled resources to challenge billionaire Andy Beal in unprecedented heads-up matches during the early , with blinds as high as 100,000/100,000/200,000. These sessions, held at the Bellagio, highlighted Reese's composure, though he once absorbed a $6 million loss in a single morning against Beal. His prowess contributed to an estimated of around $10 million, amassed through decades of profits from these elite games spanning the 1980s to the , far outpacing his tournament earnings. Reese's and ability to attract action from wealthy opponents—often deep into sessions without tilt—cemented his status as the era's top cash player, praised by peers like Brunson as "arguably the best poker player who ever lived."

Legacy and Later Life

Poker Hall of Fame Induction

In 1991, David "Chip" Reese was inducted into the at the age of 40, becoming the youngest living inductee and the third living member overall. This honor marked him as the 19th person enshrined since the Hall's inception in 1979, recognizing his exceptional skill and influence in the poker world. Reese's selection was based on established criteria for the , which required players to have competed against top professionals, played at high stakes, demonstrated consistent excellence, and earned widespread respect from peers. His eligibility highlighted his prowess in both and tournaments, including three World Series of Poker bracelets and dominance in high-stakes mixed games, where he was renowned for his adaptability across formats like No-Limit Hold'em, Omaha, and Stud. This versatility set him apart, as he excelled in private high-roller sessions as well as public events, achieving notable success in tournaments, including two WSOP bracelets, while his reputation was legendary among contemporaries. The induction affirmed Reese's status as one of poker's all-time greats during the peak of his playing career in the late 1980s and early 1990s, celebrating his contributions to elevating the game's strategic depth and professional standards. As the sole inductee that year, it underscored the poker community's unanimous esteem for his balanced mastery, influencing future generations of players to pursue excellence in multiple disciplines.

Health Issues and Death

In the years leading up to his death, Chip Reese struggled with , which prompted him to undergo a few years earlier as a means of . Reese passed away on December 4, 2007, at the age of 56, in his home, where he was found by his son after dying in his sleep. The official cause was reported as , though some associates, including fellow poker player , speculated it might have been related to a blood clot stemming from the surgery. Due to the private nature of his family, few additional details about his final days were released publicly, with confirmation of his passing coming directly from relatives. The poker responded swiftly with and tributes, including heartfelt remembrances from peers like , who highlighted Reese's symptoms of in the days prior. Despite emerging health trends, Reese had continued competing at a high level, notably in the H.O.R.S.E. event.

Memorials and Influence

Following his death, the World Series of Poker (WSOP) established the David "Chip" Reese Memorial Trophy in 2008 as a special award for the winner of the $50,000 H.O.R.S.E. event, a mixed-games tournament that Reese dominated in his final years. This trophy, weighing 60 pounds with a marble base inscribed with past winners' names, honors his mastery of multiple poker variants and serves as a lasting tribute to his skill in high-stakes mixed games. The inaugural recipient was Scotty Nguyen, who received it alongside his $1.98 million first-place prize. Reese's influence extended deeply into poker culture, where his calm demeanor and professional conduct set standards for high-stakes etiquette, emphasizing grace under pressure and respect for opponents without ever tilting or criticizing others. He inspired mixed-game strategies through his dominance in events like the 2006 WSOP $50,000 H.O.R.S.E., mentoring players such as Jennifer Harman by sharing insights on game selection and adaptability across variants. His approach influenced later generations, including close friend Phil Ivey, who credited Reese's legacy in high-stakes play and publicly honored him during tournaments. Reese's career success in tournaments and private high-stakes amassed significant wealth, with documented live tournament earnings exceeding $4 million, though his true fortune from —where he reportedly won millions from peers like —remains largely undocumented due to the private nature of those sessions. His estate was handled privately by , reflecting his preference for discretion away from the public eye. Reese endures as one of poker's most revered figures, widely regarded by peers and experts as the greatest player in history for his versatility across 14 games and ability to outlast top competition over decades. Stories of his exploits in the Bellagio's high-stakes "Big Game" have become part of poker lore, cementing his reputation as the " of poker" for unmatched composure and strategic brilliance.

References

  1. https://www.nytimes.com/2007/12/07/sports/07reese.html
  2. https://www.espn.com/espn/poker/news/story?id=3141655
  3. https://www.wsop.com/players/david-reese
  4. https://www.wsop.com/news/8-chip-reese
  5. https://archive.dartmouthalumnimagazine.com/article/2008/11/1/luck-of-the-draw
  6. https://www.latimes.com/archives/la-xpm-2007-dec-06-me-reese6-story.html
  7. https://www.cardplayer.com/cardplayer-poker-magazines/65693-david-chip-reese-1951-2007-21-1/articles/17248-saying-goodbye-to-a-gentleman
  8. https://www.pokerlistings.com/poker-player/chip-reese
  9. https://ggpoker.com/blog/player-profile-david-chip-reese/
  10. https://www.thekeyexecutives.com/2021/12/23/hall-of-fame-poker-player-chip-reese-turns-dartmouth-degree-into-millions/
  11. https://somuchpoker.com/news/chip-reese-life-biggest-profits-losses-private-life-net-worth
  12. https://www.gosugamers.net/general/news/15147-chip-reese-profile
  13. https://www.bettingacademyus.com/blog/2021/08/poker-star-chip-reese
  14. https://worldpokerfederation.org/poker-world/poker-legends/chip-reese-a-true-legend/
  15. https://www.pokerology.com/chip-reese/
  16. https://www.washingtonpost.com/archive/local/2007/12/06/david-chip-reese-card-player-had-flair-for-cash-games/fe1e21ee-b68d-432c-b7fb-92dc23061fc1/
  17. https://www.pokernews.com/poker-players/chip-reese/
  18. https://pokerdb.thehendonmob.com/player.php?a=r&n=200
  19. https://www.cardplayer.com/poker-news/4403-wsop-history-1978-recap
  20. https://www.wsop.com/news/event-20-h-o-r-s-e-world-poker-championship-standing-the-test-of-time-poker-legend-chip-reese-outlasts-the-competition-and-wins-1-784-640-in-first-wsop-victory-in-24-years
  21. https://www.cardplayer.com/poker-news/1166-a-pro-39-s-pro-chip-reese-wins-prestigious-50-000-h-o-r-s-e-bracelet-at-2006-wsop
  22. http://www.cigaraficionado.com/article/winner-take-all-8486
  23. https://www.wsop.com/hall-of-fame
  24. https://pokerdb.thehendonmob.com/player.php?a=b&n=200
  25. https://www.cardplayer.com/poker-news/3125-remembering-chip-reese
  26. https://www.reviewjournal.com/news/poker-hall-of-famer-dies/
  27. https://www.cardplayer.com/poker-news/3121-poker-legend-david-quot-chip-quot-reese-dies
  28. https://www.cbsnews.com/news/poker-star-david-chip-reese-dies/
  29. https://www.cardplayer.com/cardplayer-poker-magazines/66056-martin-jacobson-8-11/articles/20293-hand-history-time-capsule-david-chip-reese
  30. https://www.gipsyteam.com/news/04-06-2023/how-the-strongest-player-in-history-won-the-most-prestigious-tournament-of-the-world-series
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