NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Sport

Steven Holloway on poker: How to lose $2.5k in 2 hours

Steven Holloway
By Steven Holloway
Sport Editor - Digital·Herald online·
25 Nov, 2014 04:00 PM7 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Photo / Thinkstock.

Photo / Thinkstock.

Steven Holloway
Opinion by Steven Holloway
Sports writer
Learn more

When I told friends that I was playing in a $2,500 buy-in poker tournament at Sky City casino last weekend, responses were divided into two distinct camps.

There was the "OMG what a waste of money" reaction, contrasted with a cheery "that's so awesome, how much will you get if you win?"

The answer was $132,000 and as I took my seat on day 1 of the New Zealand Poker Tour Main Event in Auckland, I dared to dream.

A deposit on a house? A nice long overseas holiday? Maybe a spa pool? Perhaps I could even tell the boss what he could do with his Sunday shifts.

I really felt like this was my time and great things were just around the corner.

Just under two hours later I was the second person eliminated from the three day tournament.

I was stunned, sad and frustrated by my bust-out hand, but I wouldn't have done anything differently.

Aussie poker player wins $111,600

Here is the short tale of my main event:

10.15am: I take my seat at table nine and find a NZPT gift bag waiting for me. It includes a cap, a NZPT schedule, two $10 casino chip vouchers and some other promotional pamphlets. Good solid start, already $20 up without playing a hand.

10.40am: I look down at two Aces and with blinds at 50/100 announce a raise to 300. Three people call and the flop comes down 4 K 9. 'Great flop' I think as I make a continuation bet* of 500. But to my shock I realize that I have instead bet with a 5000 chip, aka a quarter of my starting 20,000 stack. Oh boy. A few lads at the table ask if I'm an idiot or if I'm trying to get tricky. I declare that I am indeed an idiot. Slowly but surely they all fold, but I have no idea what I would have done if someone had raised. Poor start - must do better.

12.15pm: It's the last hand before the first break and my stack has dwindled slightly to 17,800 from a few unremarkable hands. I gaze down at two Kings and with blinds now at 100/200 make a raise to 500 (correctly this time). It folds around to an old Maori gentleman (OMG) on the button* who has more chips than me and makes the call.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

The flop comes down 6 (spades) K (diamonds) 8 (spades).

'Boom, I have the nuts*' I think as I bet 650 into the pot of 1300. OMG thinks for a bit before shifting in his seat and without making eye contact, announces a raise to 5000.
His raise was ginormous and it made a number of statements. 1) He wanted me to fold, 2) He had a good hand and 3) He likely was not going to be folding to a re-raise.

Any semi-competent poker player could decipher from these three clues that he was most likely on a draw, so I had to make it as expensive as possible for him to continue the chase.

I moved all-in, a raise of nearly 13,000 more and OMG sat there a little stunned. After about a minute of thinking about it he made the call with A9 of spades (the nut flush draw).

I was about a 70% favourite to win the hand here, as OMG only had eight cards left in the deck to hit his flush, and I could still make a full house if the board paired.

Discover more

Opinion

Steven Holloway on poker: Tales from the World Series

19 Jul 12:38 AM
Opinion

Steven Holloway on poker: The 'rockstar' lifestyle

22 Aug 01:23 AM
Opinion

Steven Holloway on poker: Paulie wins battle of the Kings

28 Aug 11:33 PM
Opinion

Steven Holloway on poker: The funniest man at the table

06 Sep 12:15 AM

A good poker friend suggested I could have called his re-raise, then re-evaluated if a spade hit the turn. It's a more risk-averse line to take, but I think there's a good chance that if a spade doesn't come on the turn, I wouldn't get all his chips. And as a 70% favourite, I have to push that edge.

After a long pause the dealer dropped the bomb and my stomach churned a little as OMG's flush* came in on the river*.

Advertisement
Advertise with NZME.

The dream was over, I was out.

12.20pm: I cash in my two $10 chip vouchers and head to the black jack table. I lose two hands in a row and decide it's time to go home.

Despite my early exit, I had a great time playing in New Zealand's biggest poker tournament and I am already looking forward to the next one. I think it is arguably one of the best poker tournaments in the world.

New Zealand's geography is the main reason for this on both a micro and macro level.

Aside from a few exceptions, the NZPT Main Event only attracts New Zealanders and Australians. In Europe for example, a large number of travelling pros attend events at venues spanning the continent. The results of this are quite Darwinian. Over the years, amateurs have been forced to get better or quit. The same rings true online, but New Zealand due to it's pub poker culture and geological isolation remains in a poker bubble.

And wIth such a high percentage of the NZPT field qualifying through local satellite tournaments, it is a great investment for all players.

Advertisement
Advertise with NZME.

The tournament is also exceptionally well run, with clued up floor staff and dealers and the nine day Festival of Poker was executed like a well-oiled machine.

Aussie poker pro Minh Nguyen eventually outlasted the other 224 entrants to take home a nice six-figure pay-day, though the last few hands were played in rather unorthodox fashion.

Nguyen held a commanding 3-1 chip lead over 24-year old Kiwi poker professional Thomas Ward at the start of heads up* play, but when the chip counts became even, both pros decided to make a private deal.

Instead of risking the giant $50,000 pay jump between first and second place, both players agreed that Ward would take home $104,000 while Nguyen would take $101,600, and they would play for an extra $10,000.

But instead of playing skillfully, both players decided to blindly go all-in for the title, and after four hands Nguyen was announced the winner.

I bet the $2500 buy in doesn't now seem like a waste of money to Nguyen and Ward's friends.

Advertisement
Advertise with NZME.

Glossary for the poker illiterate:

Continuation bet - If a player bets in an earlier round and then bets again in the current one, this is called a continuation bet since it continues the aggression from the previous round.

Button - The button or dealer button is a chip that shows who the current dealer is. The position where the dealer sits is also called the button. We also say that the dealer is on the button.

Nuts - The 'nuts' is the best possible hand in any given situation.

Flush - A flush is a poker hand consisting of five cards of the same suit.

River - The fifth and final board card in Hold'em is called the river or 5th street.

Advertisement
Advertise with NZME.

Heads up - A poker game between just two players is called heads-up.

To use in a sentence: I had the nuts, so I made a continuation bet, but the bloke on the button re-raised and hit his flush on the river.

Final table payouts:
1 Minh Nguyen $111,600
2 Thomas Ward $104,000
3 William Rogers $47,100
4 Jesse McKenzie $38,000
5 Sam Williams $31,500
6 Michael Guzzardi $26,500
7 Dean Blatt $21,500
8 Ben Rendall $16,500
9 Stephen Thompson $12,500

Save

    Share this article

Latest from Sport

Warriors

Capewell to miss Warriors' clash with Panthers, rookie centre returns

17 Jun 06:36 AM
All Blacks

Savea to swap Moana Pasifika for Japanese club Kobe in 2026

17 Jun 04:36 AM
Super Rugby

Crusaders playmaker confirms departure after Super Rugby Pacific final

17 Jun 04:00 AM

Jono and Ben brew up a tea-fuelled adventure in Sri Lanka

sponsored
Advertisement
Advertise with NZME.

Latest from Sport

Capewell to miss Warriors' clash with Panthers, rookie centre returns

Capewell to miss Warriors' clash with Panthers, rookie centre returns

17 Jun 06:36 AM

The Warriors' second-rower has been recalled for Queensland for State of Origin game 2.

Savea to swap Moana Pasifika for Japanese club Kobe in 2026

Savea to swap Moana Pasifika for Japanese club Kobe in 2026

17 Jun 04:36 AM
Crusaders playmaker confirms departure after Super Rugby Pacific final

Crusaders playmaker confirms departure after Super Rugby Pacific final

17 Jun 04:00 AM
Premium
'I said sack him – then wrote his book': Why Gregor Paul authored Ian Foster's autobiography

'I said sack him – then wrote his book': Why Gregor Paul authored Ian Foster's autobiography

17 Jun 02:00 AM
Help for those helping hardest-hit
sponsored

Help for those helping hardest-hit

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP