Greg’s Dillemma

Date: 2004.12.01 | Category: Hand Of The Week | By: Phil Hellmuth   

Greg Pierson is the man! No, you haven’t heard of him yet, but mark my words: GP’s new company, IoVation’an internet security company–will have a billion dollar valuation by 2008. Considering how much respect I have for Greg, and considering the fact that I’m lucky enough to be an investor in IoVation, I vowed to Greg that he could get some private lessons from me anytime.

Greg was playing in the $10-$20 blind no limit Hold’em game at the Bellagio when the following hand came up. He had run his $1,000 buy-in all the way up to about $4,200, and limped in with 9s-7s. When the fellow behind him also limped, and the aggressive played behind both of them made it $100 to go; Greg called the bet as did the fellow (Player B) behind him. So far so good, I told Greg. There’s nothing wrong with taking a flyer here or there for 2 1/2 % of your chips.