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100s of clients 100s of testimonials 100% money back guarantee caspar berry home contact risk decision making leadership uncertainty innovation motivation theories video speaking i am a former professional poker player and entrepreneur, now a full time speaker and trainer catalysing change in some of the world’s most successful companies. using poker as my metaphor, i have created a range of presentations which provoke people to examine their attitude to risk taking and address their fear or failure. this blog represents my current thinking on these and other issues, i hope it brings value to your business and life. the biggest game of all benny binion, was intrigued by an offer put to him one day to organise and stage the biggest poker game ever played. nick “the greek” dandalos wanted to play, and beat, the best and binion knew just the man. he and johnny moss were friends from their days in dallas where moss had carved a reputation as the best draw poker player of them all – a feat he would go on to repeat in texas hold’em. moss lived for the game of poker and reportedly played every day of his honeymoon, on one memorable occasion reaching behind him and taking his wife’s wedding ring off her finger before putting it into the pot. ever the opportunist, binion said he would host and organise the game as long as it was played in public in his casino and both parties agreed. the game lasted an amazing five months in total with the players only pausing to sleep – and even that was optional for dandalos. moss recalls coming down some evenings after a 4 hour break to see the greek standing at the craps tables, keen to start, and asking him why he insisted on sleeping his life away! the legendary hand came during a stint of 5 card stud – not moss’ preferred structure – in which each player gets dealt one card face down and a card face up before there is a round of betting and then receives three more cards face up, each followed by a another round of betting. it is a very pure form of poker, very little played these days on account of the low hands that are created which most new players feel creates little excitement. in this particular hand, moss started with a nine face down and a six face up. dandalos was showing an eight. after an insignificant couple of bets, moss caught an unhelpful two while dandalos drew a four. the next card brought moss another nine making him a pair of nines and dandalos a six. at this point in the hand, moss knew he was ahead because there was no card which dandalos could have “in the hole” that is face down which could give him a superior hand. with a six and an eight showing, nothing could beat moss’s pair of nines and therefore moss confidently bet $25,000. it’s easy sometimes to be nonchalant about the size of bets in big poker games so it bears consideration that this single bet was very nearly as much as the contents of the most lucrative deal or no deal boxes. dandalos called, however, maybe with a pair of eights, maybe a pair of sixes, maybe – better still for moss – a seven on the off-chance that he might make a highly unlikely straight. the next card brought an unhelpful and irrelevant two for moss and an equally unlikely four for dandalos. again, moss knew 100% that he must be winning at this point and bet out again – $30,000 - enough to maximise his win but not enough to scare off his opponent who by this time, with just one more card to come, stood very little chance of winning the hand. incredibly, the bet was called. moss’ final card was again an unhelpful three but dandalos received an equally trashy jack. there were only three cards in the whole deck which dandalos could have “in the hole” which could beat moss at this point – one of the remaining three jacks to five dandalos a pair of jacks. but for the greek to have one would have meant that he had put $50,000 into the pot before that point with literally nothing; hoping, praying, feeling that he would catch one of just three jacks by the end of the hand. to moss’ astonishment and delight, dandalos bet out $50,000 and without too much hesitation moss, believing his hand had to be better, pushed all his money into the middle of the table. more than $500,000. a huge bet. in any game. of any era. apparently, in the pause that followed, dandalos hung his head and moss started to count the money in the middle as you do when you know that the pot is imminently going to pushed your way. instead of folding his cards, however, dandalos looked up at moss and raised his eyebrows… “mr moss, i think i have a jack down there in the hole.” he said, essentially claiming to have won most of moss’ fortune at that time. “greek” said moss “if you’ve got a jack down there you’re gonna win yourself one helluva pot.” dandalos called the bet and turned over a jack to reveal one of the craziest plays in all of poker and one of its biggest pots. he had bet more money than many americans earned in a lifetime on a hand which until his last miracle card was just jack, eight, six, four! and moss, regarded as one of the best five players ever to play the game had just played the biggest hand of his life. and lost. borrowing money to get back into the game moss must have had some negative thoughts although he has never revealed them in all the time he talked about it since. all he ever said is that he knew that if his opponent continued to gamble like that he would break him in the end. eight weeks later, dandalos, two million dollars worse off, rose from his chair and uttered the immortal words “mr moss, i’m going to have to let you go.” johnny moss went on to become the greatest player of his generation and nick “the greek” dandalos was eventually seen playing $5 limit poker in the casinos of gardena, california having won – and lost – more money during the course of his lifetime than most of us will ever see during the course of ours. posted 11:00am by caspar and filed in decision making , risk add a comment fate and destiny? or chaos and insanity? about eight years ago, my poker mentor and i were tucking into our fourth plate from the bellagio all-you-can-eat buffet when i decided to bemoan the bad run of cards i had experienced that week. my guru ordered a jug of coke before telling me a story which has stayed with me every day since then: an old gambler who had come to town many years previously to play in the big game but now, 15 years later, was reduced to passing chips around the $3-$6 limit holdem tables downtown. his bankroll, once nearly a million, now stood at just $6,000 – a sum from which he eked out the most basic of returns and humblest of lifestyles. “most of his income came from the occasional handout from his son and the buffet comps which he received from the casinos after every four hours of live play. it was humiliating to queue for them at the cashier’s desk every day, but necessary. necessary.” “one night, after drinking too many free white russians in the freemont, he goes “on tilt” and burns through $1500 in four hours. chasing flushes, inside straights and trying to fill up on the river; by midnight, he’s lost another $2000. he knows that there’s no coming back from this. it’s double or quits time. move up or cash out. for good.” “he heads across to binions and takes everything he has out of his strongbox before putting his name down on the no limit list. when a seat becomes available he sits down with $2,460 avoiding eye contact with players probably glad to see him there. a loser at the table. better than that, a man who used to be somebody. someone to say you’ve beaten.” “the first few hands pass without incident before there is a raise and then a re-raise before him and he looks down and sees aces. he thinks for a while; frowns; gives the impression that he’s considering his options, knowing full well that this might be the last hand of poker that he ever plays. then moves all-in. i guess his opponents saw it for what it practically was: the last play of

URL analysis for risksanddecisions.com

http://www.risksanddecisions.com/tag/chance
http://www.risksanddecisions.com/because-if-i-dont-ill-die#respond
http://www.risksanddecisions.com/category/home/uncertainty
http://www.risksanddecisions.com/tag/changing-world
http://www.risksanddecisions.com/category/home/video
http://www.risksanddecisions.com/learning-from-history-xerox-vs-google-focus-vs-diversification#respond
http://www.risksanddecisions.com/success-and-failure-all-the-cliches-in-one-place#respond
http://www.risksanddecisions.com/tag/johnny-moss
http://www.risksanddecisions.com/tag/change
http://www.risksanddecisions.com/tag/optimism
http://www.risksanddecisions.com/fate-and-destiny-or-chaos-and-insanity
http://www.risksanddecisions.com/tag/strategy
http://www.risksanddecisions.com/tag/credit
http://www.risksanddecisions.com/tag/probability
http://www.risksanddecisions.com/tag/embracing-change

Whois Information

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Domain Name: RISKSANDDECISIONS.COM
Registry Domain ID: 1691948052_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.123-reg.co.uk
Registrar URL: http://www.meshdigital.com
Updated Date: 2012-06-22T08:28:20Z
Creation Date: 2011-12-13T19:18:10Z
Registry Expiry Date: 2021-12-13T19:18:10Z
Registrar: 123-Reg Limited
Registrar IANA ID: 1515
Registrar Abuse Contact Email:
Registrar Abuse Contact Phone:
Domain Status: ok https://icann.org/epp#ok
Name Server: NS.MAINNAMESERVER.COM
Name Server: NS2.MAINNAMESERVER.COM
DNSSEC: unsigned
URL of the ICANN Whois Inaccuracy Complaint Form: https://www.icann.org/wicf/
>>> Last update of whois database: 2017-11-08T17:18:15Z <<<

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  REGISTRAR 123-Reg Limited

SERVERS

  SERVER com.whois-servers.net

  ARGS domain =risksanddecisions.com

  PORT 43

  TYPE domain

DOMAIN

  NAME risksanddecisions.com

  CHANGED 2012-06-22

  CREATED 2011-12-13

STATUS
ok https://icann.org/epp#ok

NSERVER

  NS.MAINNAMESERVER.COM 79.170.40.2

  NS2.MAINNAMESERVER.COM 79.170.43.3

  REGISTERED yes

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