The World's Biggest Poker Game - A Proposed Compromise

As you regular readers know, I have been in the middle of trying to help two sides square off for the biggest poker game ever.

There is a fair deal to be made here. If I were an appointed arbitrator, it would be done by now. The real issue is whether either side really wants a fair deal. Both sides slanted their offers to give them an edge. That is how it should be in poker – especially if it is the biggest game ever.

On one side is Andy Beal, the affable Texas financier who has come to Las Vegas several times and played in giant games heads up against some of the biggest-name, best players in poker.

On the other side are those players, who include Doyle Brunson, Chip Reese, Jennifer Harman, Howard Lederer, Chau Giang, Barry Greenstein, Ted Forrest, Gus Hansen, Lee Salem, John Hennigan, Ming Lau, Lyle Berman, Phil Ivey, Johnny Chan, and Hamid Dastmalchi.

Let's compare the two proposals, and I will provide my solution. (See the chart below.)

The biggest issue by far is determining the player against whom Andy will compete. He wants to pick the player from Doyle's group, and the group wants its own designee.

I say, let's compromise. Doyle should present a slate of eight players and Andy should be allowed to pick any four.

As for the stakes, again I propose a middle ground. Higher stakes helps Andy, in that there is a greater element of chance, and he might get them out of their comfort zone. On the other hand, $100,000-$200,000 is so high that it is too much of a crapshoot. I suggest that changing the stakes to $50,000-$100,000, which is 400 big bets (a tremendous amount of play), will provide plenty of room for both skill and randomness.

I think the arena needs to be Bellagio. Not only are most of the players from Las Vegas, but the even bigger issue is security. Bellagio has the dealers, the cameras, and the security, and can protect all parties.

In the past, I noticed that Andy was not on a level playing field, because fresh players were continually brought in against him. Therefore, I suggest that the game last exactly four hours each day, with no substitutions during those four hours.

Finally, there's the amount of money to be played for. Each side putting up $40 million is plenty, and that provides a finite amount. Besides, it is just a game, and we certainly don't want anybody getting hurt.