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Texas Hold'em Poker Table Top With Free Carry Bag
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World Series Of Poker
 $2,500 No Limit Holdem Short Handed Result 13th July
June 25 – August 10 2006

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Event # 21 (3 day event)
Entries -- 740 (548)
Buy-in -- $2,500
Prize Pool -- $1,702,000
William Chen
(Lafayette Hill, PA, USA)
wins $442,511 and
his 2nd bracelet this week
Pos. Player Origin Prize
1 William Chen PA $442,511
2 Nath Pizzolatto TX $238,280
3 Michael Guttman Melbourne $139,564
4 Dan Hicks FL $107,226
5 Alex Bolotin NY $78,292
6 Harry Demetriou London $58,719
7 Harold Cohen CA $48,507
8 Peter Jetter ON $43,401
9 Gregg Merkow TX $38,295
16 Phil Gordon $14,467
30 Joe Beevers $8,085
45 Jim McManus $5,957
51 Farzad Bonyadi $5,957
54 David "C4" Plastik $5,957
59 Jonathan Gaskell (Wigan, GB) $4,255
66 Richard Ashby (Watford, GB) $4,255
74 Tom Birmingham (Bristol, GB) $2,127
Key Facts 
74 places paid.
Bill Chen Wins Second WSOP Gold Bracelet This Week

Las Vegas, NV - It's a peculiar thing that our culture gives far greater attention to the peripheral things than those which are genuine. We bestow our highest adulation on the rich, the famous, and the beautiful. Everywhere you look - be it magazines, newspapers, television, or the Internet - pop idols are the focus. It's one reason why athletes and movie stars make hundreds of times more money than school teachers.

When surveys are taken and school children are asked who they most admire and respect - it's usually a celebrity. Not a scientist, or an academic, or a philosopher. Can anyone name any of last year's Nobel Prize winners? Probably not. But we certainly know all the latest celebrity gossip. Society's warped sense of what constitutes 'value' will almost certainly produce catastrophic consequences down the road. In the meantime, we must do what we can to recognize the real extraordinary talents amongst us who stand out above the rest in the ways that really matter.

If mental endowment was the sole basis for being rich and famous, then Bill Chen would be a combination of Donald Trump and Paris Hilton. The quantitative analyst for Susquehanna (a highly-successful financial services firm founded by poker players) holds a PhD in mathematics from Cal-Berkeley. With all respect to other scholarly powerhouses in the game of poker, such as Chris 'Jesus' Ferguson (hold a PhD from UCLA) and Andy Bloch (a graduate of MIT and Harvard Law School), Chen may very well be the most brilliant mind in the game today.

And now, he is experiencing a huge personal breakthrough Most poker players would be thrilled to win a WSOP gold bracelet once in a lifetime. Bill Chen is currently winning two bracelets -- a week. Chen demolished a highly-competitive field of 740 players in the Short-Handed World Poker Championship. It came just seven days after he won his first gold bracelet in the $3,000 buy-in Limit Hold'em championship (good for $343,618).

Played six to a table, short-handed hold'em magnifies strengths and weaknesses. Simply put, there is no opportunity to sit around and wait for big cards and good hands. Short-handed poker forces the player into making more decisions, which are by circumstance tougher decisions. This format naturally favors those players with the best analytical abilities.

After 731 players were eliminated over the first two days of the tournament, Chen walked over the final table in a relatively swift four and a half hours - the quickest final table yet at this year's World Series of Poker presented by Milwaukee's Best Light. Chen made it look almost too easy. Chen's victory is even more remarkable for the fact that he was at a sizable chip disadvantage from the start - ranked fifth out of six finalists. The chip leader, Michael Guttman arrived fresh off his second-place finish in the Pot-Limit Omaha championship, held three days ago.

Poker players everywhere will get a chance to learn more about Chen's poker secrets in his new book, 'The Mathematics of Poker,' co-written with Jerrod Ankenman. It's scheduled to be released soon. If book sales might be helped by Chen's win last week, they will certainly get an even bigger lift from this second win.

by Nolan Dalla
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