Diary of a card shark
What does it take to make a living at poker? Card sense, steady
nerves, and a supply of Diet Coke. A Harvard degree, it turns out, doesn't help
much
by Bruce Shulman
It was 7 a.m. on Tuesday, my 20th straight hour at the poker table. I
removed my green mesh baseball cap and orange-tinted sunglasses. The glasses
were smudged and the inside of the cap ringed with a line of dirt. My eyes were
bloodshot and my hair had been matted so far in one direction that it actually
hurt.
I put the glasses and cap on the vast bed of chips in front of me. I had
bought in for $300 and it looked like I now had 53 rows and change -- more than
$5300, but I struggled to count them all, my mind dizzy from lack of sleep. A
chip runner approached me, surveyed my pile, and said: "You are the king. You
are the Hold 'Em king."
Benny the Jew stood up. "I'm out," he said, smiling at me. "You take about a
grand from me every time I sit." Then, staring at my ripped jeans, he shook his
head and added, "Do me a favor. Take my money and get some new jeans, for
chrissake."
I had outlasted Benny the Jew, and Montana Jack had busted an hour ago. The
table didn't look good anymore; several day pros had replaced the
graveyard-shift gamblers I'd been beating. It was definitely time to cash
out.
Later, as I drove up the highway back to San Francisco, I touched my front
pocket and felt the enormous roll of hundreds. I started laughing to myself.
How the hell did I end up here?
I am a 27-year-old cum laude Harvard graduate with a degree in economics.
After leaving Cambridge, I worked for a store in New York, for a corporate law
firm in Prague, and for an investment bank in New York.
After two years in banking, I realized I had worked three different jobs and
had liked none of them, so I left for San Francisco with the vague idea of
writing for a living. I was certain I was years away from making money as a
writer, but I resolved not to take a job I knew I'd hate. Basically, I wanted
to be a dilettante, but it's hard to be a dilettante without money.
I wanted the easy way out. I hatched a variety of get-rich-quick scams, each
worse than the last. My cash started running out, while my writing skills
continued to hover between those of a precocious seventh grader and a
functionally illiterate senior. (E.g., I once wrote an in-depth probe of a
house full of cats. Instructor comment: Some really nice work here, Bruce.
I'm sensing you're growing as an essayist. Meow! C-)
What could I do? Turns out I really didn't have a skill to my name. Put all
the Harvard degrees you want on my wall, and I still couldn't tie a slip knot.
I had worked for a corporate law firm and an investment bank, and what had I
learned? I learned that there seemed to be a direct correlation between how
bald, fat, and pale you could make yourself and how massive your paycheck was.
Maybe I could even deal with all that, but there also seemed to be a misery
requirement that I wasn't so keen on.
ENTER POKER. When I came out to San Francisco, I wasn't even aware there
was such a thing as a legal card room. But I'd seen a billboard for a place
called Artichoke Joe's Casino that offered poker, and I decided to check it
out. In high school, I'd been the best player in my group of friends. I hadn't
played much since then, but I thought I'd still be good.
I wasn't. Well, I wasn't terrible, but I wasn't good, either.
Artichoke Joe's is a dump. Located on an access road near the airport, the
place offers players bad air quality and worse Chinese food. It's tiny, and the
card tables are jammed so close that if you lean back in your seat you're
liable to head-butt a dealer at the next table.
Like most people who play poker with their friends, I had grown up playing
games like seven-card stud, Anaconda, Baseball, and Chicago. At Artichoke
Joe's, as at most other card rooms, most everyone plays a fast-paced game
called Texas Hold 'Em. In Hold 'Em, you receive only two cards down,
and then you share five up cards ("community cards," or "the board") with the
other players.
The first few times I played, I was an enormous ATM machine for the other
guys. And they weren't even any good. This was the lowest-stakes table -- a
"$2-$4" table, which means all bets and raises in the first two rounds are $2,
and in the second two rounds they're $4. The average player was about 80 years
old and beat me consistently.
But I loved playing. What had seemed a simple, limited game was proving more
complex than I'd imagined. Hold 'Em is like a puzzle -- you look at your
cards, see the community cards and how people bet at each point, and attempt to
solve the mystery of what each person is holding. And you have to do it in a
matter of seconds.
Despite losing, I began playing more often. I'd write one day and play cards
the next. Then I'd write one day and play two. Pretty soon, I was playing
almost every day. Each morning, although I'd plan to wake up and write, I'd get
coffee, switch on my laptop, stare at the screen, and find myself driving down
Highway 101, back to Joe's.
After about three months of playing, I had stopped squandering my savings
from New York and was making money. My friends got a kick out of my new
"occupation" and followed my performance each day as if it were the Dow Jones
Industrial Average. Up 200. Down 50. Unchanged. They bought me poker books and
started referring to Artichoke Joe's as my "office."
It seemed I could make a living playing poker, but what kind of living was
it? I loved the game, but the life was brutal. I'd often sit in a chair for 16
hours straight, drinking Diet Cokes and smoking cigarettes -- a diet that I'm
fairly sure falls short of the USRDA for certain vitamins and minerals. I'd
also require massages at least once a week, often at the poker table.
Socially, I found that enthusiasm for my poker skills was limited to my guy
friends. Women weren't interested in dating a gambler, and who could blame
them? It's an unstable business, and if a game is good, a player will disappear
for days at a time, returning only to sleep away an entire day. I looked at the
older, professional players, and there were few with happy families. Most just
dated casino cocktail waitresses or other players. Is this what I wanted?
NO. I HAD come to California to write. I finally bought a used car with some of
my poker winnings and drove down to LA with a spec script for a sitcom.
I found an apartment, met some new friends, and succeeded in getting an
agent, who then succeeded in ignoring me. I spent my days sitting in my
sweltering apartment or fleeing to the Beverly Center for air conditioning and
movies. It wasn't long before I got tired of the constant rejection and
indifference facing a writer in LA. I realized I had finally acquired a skill,
but it wasn't writing. I missed poker -- the game, the bizarre people, the
excitement, even the late hours.
I decided to check out one of LA's famed card rooms, Hollywood Park. It was
amazing. High ceilings, endless tables offering every type of poker and all
stakes imaginable, TV monitors covering the walls, floor men in snazzy
bright-blue blazers. Everything about it was better than Artichoke Joe's,
including the players.
I couldn't beat these guys. At the end of each losing session, feeling
desperate, I'd play a high-stakes game, hoping for a quick kill to get even.
But these guys were the best; almost all were professionals with huge
bankrolls, and I was just a nervous kid.
It was a brutal two months, and I lost almost everything I had won in San
Francisco. When you win at poker, you feel in control of the world. You make
your own hours, work when you want, banter insouciantly at the table, and
chuckle to yourself about the idiocy of the other players as you count your
winnings.
When you lose, you are the idiot. Everyone else works on stacking their
chips in neat formations while you pull out more and more cash. You feel like
the dateless guy at the prom. You curse the cards, the dealers, and the loud
assholes chatting endlessly about the hand you just lost. It's humiliating.
I swore off playing until I knew I could win again. I read several books on
Hold 'Em written by the best players in the world. I dealt myself hand
after hand, thinking through how the pros in LA played certain cards in certain
situations. I realized the critical errors I made, wondered how I ever won the
way I played, and eventually re-engineered my game entirely.
That was more than a year ago. Since then, I've won consistently -- about 85
or 90 percent of the sessions I play. I returned to San Francisco, where I
write five days a week with a partner and play several nights a week. The
dealers and chip runners all tease me about how much I win. At first, the other
players grumbled about how lucky "the Kid" was. This graduated to grudging
respect. Now, many people approach me and tell me I'm one of the best players
they've seen.
Recently, I have been drubbing two guys who played in the World Series of
Poker (they both won satellite tournaments in the Bay Area that offered the
$10,000 World Series entry fee as first prize). One of those guys heard I was
going to Las Vegas to watch and offered to "buy a piece of me" if I wanted to
enter the tournament. I was flattered, but declined. I am a very good player
now, one of the best in the area. But the best players, the ones who win the
World Series, I compare to chess masters, understanding every facet of the
game, brilliant at understanding both mathematics and human nature. I'm not
there yet.
I ENJOY my life as a "rounder," though there are several drawbacks. For one,
even the best players have to lose sometimes. As much as skill is involved in
winning, there's still an inescapable short-term luck factor that the most
ingenious play can't overcome. Even the best players don't win 100 percent
of the sessions they play. This frustrates me, because I feel I now outplay
almost every opponent and therefore should always prevail. But I can't.
Another drawback involves the nature of winning at poker. If I win, another
player must lose; unlike traditional casino games, not everyone wins when the
dealer busts or the shooter rolls a hard eight. The house cares little if I win
or lose -- the house is only there to deal cards and collect a fee for my seat.
The money I win comes straight from the rest of the players at the table.
I've played with an Egyptian guy named Charlie for the past couple of
months. Aside from poker, he sings at Greek restaurants. He is one of the
sweetest men I have ever met, extremely generous and kind. As a person, his
only weak spot is a benevolent chauvinism -- he offers to fly every waitress
and all her friends to Cairo.
As a player, however, his weak spots are innumerable. He plays high stakes,
but his game lacks both the sophistication and the discipline to be successful.
Over a few months, I have watched him lose about $30,000.
I won't bet against Charlie when we're the only two players left in a hand,
but I still inadvertently soak him when we're in a hand with several other
players. So a decent chunk of that $30K came to yours truly. I once considered
having a talk with Charlie, encouraging him to quit poker altogether or play a
lower-stakes game where he might fare better.
I asked an old college roommate, Alex, what I should do. Alex, a relaxed,
noncompetitive guy, said that not only should I not have that talk with him,
but I should hammer him when we go head to head.
I agreed. I am not a social worker. I am there to win, and I must seize any
opportunity that presents itself. I never had that talk with Charlie.
IT SOUNDS ruthless, but poker, if you're good, is a generous game. Certainly more generous than other casino games. Blackjack is said to have the best odds among the traditional
games, but there aren't a lot of lifetime winners at blackjack. Walk into the
tournament room at the World Series of Poker and the opposite is true.
Only one person can win the World Series, and it's a difficult feat, but
almost all the players in the tournament are lifetime winners. They aren't
defying impossible odds; they merely have to compensate for the house fee, or
"rake," with superior play. It only takes one bad player to balance that rake.
Throw in another mediocre player and the table has some investment merit.
And that is exactly how I appraise each table -- as an investment. I look at
each player and weigh my chances of a positive result. For me, poker isn't
gambling, any more than investing in a stock that you've carefully researched
and evaluated is gambling.
My friends wonder why people would ever play against me. I know I wouldn't do it. But many players look at the game no
differently than craps or roulette -- if they hit a rush, then they'll win. But
winning isn't even why some of them are there; they're gamblers and they are
there for the action. For the risk. They are feeding an addiction.
I do not play for the risk. If I think the players at a table are good
enough that I don't possess a clear advantage, I move tables or quit for the
day. A guy I played against in LA actually typed information on each player
into a hand-held computer. That's smart, because sometimes I forget how certain
people play and have to study them all over again.
And sometimes players dramatically improve their games.
One night I was playing a fairly low-limit Hold 'Em game, $6-$12. I was
having a big session and had a mountain of chips.
It was Christmas Eve, and as the evening wore on, the only players who
remained were some Asian guys, another Jewish guy like me, and a guy wearing a
beautiful cross who had drunk so much he forgot it was Christmas. The guy on my
left, Henry, was a terrible player, and he looked scared. Wearing a cardigan
and tortoiseshell glasses and slouching in his seat didn't help his table image
either. People consistently "ran over" him in hands -- in other words, they bet
aggressively until he folded a superior hand.
Henry knew I usually won and began asking my advice. He seemed nice enough,
intelligent and soft-spoken, and something about him reminded me of myself when
I started playing. This being the holiday season, I dispensed some pointers.
(You don't really want to see someone drown, after all; let him swim around a
while before we sharks devour him.) My advice only slowed the bloodletting, and
Henry lost a bundle.
About two months later, I was playing $20-$40, a high-stakes game where you
can win or lose $1000 in a few hands. Some guy in leather pants and jacket with
slicked-back hair approached the table. He placed his motorcycle helmet beneath
his seat, and the players all greeted him like he was Amarillo Slim. As he sat
down at the table he nodded very coolly to me. I didn't know the guy, but maybe
he knew me.
Within about an hour, this guy had taken over the table. I watched him closely. He was selective about the hands he played and was super-aggressive when he did play. This is a component of my strategy, except he employed it far
better than I. No one could handle the heat he was bringing, and in three hours he had amassed about $2000. Every
so often he'd look at me and smile. I kind of wanted to slug the guy, but I'd just nod back.
The hand of the night came down (I had folded at the outset), and there was
more than $1000 in the pot. There were straight draws and flush draws, and
everyone had a shot. But at the end, it was the same guy scooping and piling
chips, and as he did he unleashed a huge grin at me.
The guy was now making me sick. Another component of my strategy is to avoid
vendettas at the table; if someone outplays you, just say "Nice hand" and move
on to the next one. If you focus on nailing one player, you neglect the fact
that you must defeat seven others. So I handled it my way: I took a break and
went to the bathroom.
While I was at the urinal, the guy walked right up next to me. I turned to
him and gave him the awkward adjacent-urinal nod, but he was still smiling at
me. "You don't recognize me, do you?"
"No," I said. And if he continued talking while I tried to piss, I'd never
get anywhere. "I'm Henry. From Christmas Eve."
I stopped. It sure was Henry. "What the hell happened to you?"
"It's been a crazy couple of months. After that night we played, I went home
and read four poker books cover-to-cover. I went to San Pablo, played $6-$12,
and started winning. Then $15, then $20. And then I played no-limit, and I won
$28,000 in one night. The first time I ever played the game. I bought a
motorcycle and here I am."
"What about the glasses?"
"Contacts."
"The hair gel?"
"I always had it."
The point here is not that anyone can read a book and become a great
poker player. Henry and I both read books, but we also both possess the ability
to read people, along with something called "card sense."
Card sense is an innate ability to understand all the possibilities
contained in a deck of cards. As soon as the dealer turns over the first three
cards (the "flop"), my mind starts churning through all the possible hands I
could be up against. I then synthesize that information with how people bet and
what cards they might play in what position. I am likely seeing something that
mediocre players aren't. Sometimes I can fold my cards, watch a hand, and guess
exactly what cards the remaining players hold. It might look like a magic trick
to a novice, but all I've done is solved the puzzle of that hand. Henry could
do the same -- and that is what he finally figured out.
THE PEOPLE in my life are supportive of my profession. My mother, when I told
her what I was doing with the $200,000 private-school and college education
she'd paid for, said, "You lead a neat life."
My friends seem to agree with my mother. Even the wildly successful ones --
investment bankers, vice presidents at Internet companies -- don't look down at
what I do. They press me for stories about my conquests at the tables. I guess
stories about Benny the Jew and Montana Jack are more interesting than those
about that wacky Frank in accounting. I know. I remember Frank from accounting,
and he's not that wacky.
And my friends love the cash. I can't remember when I last used a credit
card, and I often carry a wad of hundreds that would make John Gotti proud.
But that's not really why I play. In the poker movie The Cincinnati
Kid, Edward G. Robinson says that for the true player, it's not about the
money. That's a strange thing to say about a game where money is the only
measure of your success, but I agree. I had originally gravitated to poker as a
way to make an easy buck, but I realized I enjoyed the challenge of outplaying
people with only my intellect and guts. The feeling of controlling a table, of
players who get nervous when you're in a pot with them. For the best players,
when you sit at a poker table, you really are "the king." People defer to you,
compliment you, secretly despise you, and ultimately pay tribute to you.
I make a decent living playing poker and I can beat most every player I
encounter. So if you run into a young guy at the table with orange-tinted
sunglasses, be warned. Even if you consider yourself a good player, even if you
clean up when playing your friends in home games, I will separate you from your
money over the course of an evening. I have to. It's my job.