Prahlad Friedman Bags the 2009 WPT Legends of Poker

August was a great month, indeed, for professional poker player, Prahlad Friedman, as he bags the 2009 WPT Legends of Poker tournament, which earned him a nice profit of $1,009,000.  In fact, not only has he won the prestigious title and that the much-coveted prize money, but he also defeated Kevin Schaffel, one of the November Niners of 2009 WSOP Main Event, heads up. [Read][more...]

Professional Poker Player, Ernest Scherer III, to Stand Trial for His Parents’ Death

Last year, professional poker player, Ernest Scherer III, found himself considered as the most likely suspect of his parents', Ernest Scherer, Jr. and wife Charlene, murders.  Today, he is going to stand trial for their deaths.

A Background on Ernest Scherer III

Ernest Scherer III worked in the mortgage industry but has a passion for poker, as did his father.  It was in 2002 that he decided to quit his job and focus more on his games and winnings as his and his wife's source of income.  He might have won almost $400,000 from gambling alone, but then his gambling debts stated to pile up.  Since both Scherer III and his wife do not have a stable income to support themselves and a $40,000 credit card debt among other debts including mortgages and taxes, his situation turned to worst.

A Brief Look at the Crime

The bodies of Ernest Scherer, Jr. and wife Charlene Abendroth were found last March 2008 in their very own home, which is situated in Castlewood Country Club.  [Read][more...]

Chris Ferguson on His Poker Strategies

Chris Ferguson, a professional poker player known in the poker world, divulges his poker strategies.  Although he does not claim that his strategies always work, it has been proven to work for him, and look where his poker strategies took him.

A Background on Chris Ferguson

He tells his story of how he started from scratch and how, from zero bankroll to millions of dollars, he turned his fate around.  Ferguson started taking advantage of freerolls to start his poker bankroll, and although he would win a dollar or two from his poker games, it would always send him back to zero.  With patience though, he was able to put up a reasonable bankroll to actually play in games that call for paying a buy-in fee.

With this method, you can now see the first poker strategy that he employed — bankroll management.

Poker Strategies to Learn from Chris Ferguson

His first poker strategy was to learn how to properly manage his bankroll.  [Read][more...]