Hometown: Memphis
Country of Origin: United States
In 2006, rising poker star Allie Prescott avoided near disaster when a well-publicized bet with Gavin Smith almost cost him a lot of money. Sitting in first and second on the leader board with just a few tables remaining in a $10,000 WSOP Circuit event at Harrah's New Orleans, Prescott made the bet that would send either $700,000 to Smith or $1 million in his direction. The catch was that the winner of the bet had to be the last man standing in the tournament. As it turned out, both players made the final table, but Peter Feldman held on to beat Smith heads up and save Prescott's bankroll.
After a few more cashes, Prescott completely disappeared from the circuit for nearly a year. "To be honest, I just got sick of poker," said Prescott. "I had done pretty well toward the end of the year I quit, so it had nothing to do with how I was running. I really just wanted to take some time, travel, and focus a bit on investing in real estate, which is something I still do."
Prescott began his comeback at the 2008 World Poker Open in Tunica, Mississippi. "About a month and a half ago, I think I was finally getting back to the point I was at before I left," recalled Prescott. "I feel like I'm playing great right now, and, of course, it helps that the cards are finally starting to break even."
When asked how the time off changed his game Prescott responded, "I don't know necessarily that my style has changed or even if I'm a different player. I was just at a point where I got really sick of the game and I wasn't giving it my best effort. At this point, I just really like playing again, which, of course, helps me to stay focused and avoid dumb mistakes."
Prescott's reemergence has not happened quietly, which in the poker world means that he must be doing something right.