Word: pokerful
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Women with money to lose seek him out; he looks like a cross between Hud and Nathan Detroit. Wealthy businessmen challenge him, knowing that they will lose; it is something of a distinction to be skinned by one of the world's best poker players. Last week Thomas Austin Preston Jr., 44, better known as Amarillo Slim because of his home town and his build (6 ft. 2 in., 165 lbs.), had no time for the sheep...
...Vegas doing what he likes best-playing against other professionals in an event that the promoters call the World Series of poker. Because of his reputation, because he won last year's "championship," worth $60,000, Slim was clearly the man to beat as the 13 players began the event that would clean out all but one of them. TIME Correspondent John Austin sized up Slim before the first deal. Austin's report...
Each entrant posts $10,000 and is expected to play until one man has won everything. The game, called "hold 'em," is unfamiliar to most kitchen-table poker nuts-a variation of seven-card stud in which each player is dealt two cards face down. Five cards are then dealt face up in the center of the table as a "community pile." The winner must make the best high hand he can out of his two hole cards and three from the community pile...
...took those G.I.s for every dime they had at cards, craps and pool." But the first night back in the States, he dropped $71,000 at poker, probably the worst hiding he has ever suffered...
With what was left, Slim returned to Texas to build the largest bookmaking operation in the state, and with the profits he began playing high-stakes poker in earnest. How much has he played for over the years? "Jillions," he says...