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                                         Simply 
                                          the Best  Better than All the 
                                          RestWidely Respected Las Vegas Tournament 
                                          Pro
 Kathy Liebert Captures First
 World Series of Poker Title
 
Watch 
                                        your thoughts; they become words.Watch your words; they become actions.
 Watch your actions; they become habits.
 Watch your habits; they become character.
 Watch your character; it becomes your 
                                        destiny.
 -- Frank Outlaw
 Kathy 
                                        Liebert�s name always comes up when the 
                                        question of �best female poker player� 
                                        arises. Now, it may be time to drop the 
                                        �female� denomination, and simply say 
                                        she is one of poker�s �best players.� 
                                        Period.  Liebert 
                                        made her case by winning the $1,500 buy-in 
                                        Limit Hold�em Shootout event at the 2004 
                                        World Series of Poker. She officially 
                                        received $110,180 for first place, along 
                                        with her first gold bracelet. �Best poker 
                                        players,� indeed. End of argument.  Throughout 
                                        her ten-year career as a touring poker 
                                        pro, Liebert has always maintained an 
                                        emotional equilibrium that sets her apart 
                                        from most of her competitors. Liebert 
                                        never told bad beat stories, complained 
                                        about bad luck, or misbehaved in the poker 
                                        room. She accepted the wins with the losses, 
                                        and took it all in stride. Her peaceful 
                                        demeanor personified a new breed of poker 
                                        player that began to emerge onto the tournament 
                                        scene during the early to mid 1990s.  Liebert 
                                        was born in Tennessee, grew up on Long 
                                        Island (New York) and graduated with a 
                                        business degree from Marist College. She 
                                        worked in investments at Dunn and Bradstreet 
                                        for a few years before realizing she was 
                                        not cut out for a career in a structured 
                                        9 to 5 work environment. She considered 
                                        going to law school, but changed her mind 
                                        when she discovered a new vocation that 
                                        would bring riches and even some personal 
                                        fame.  
                                        Liebert moved to California, then eventually 
                                        settled down in Colorado and began playing 
                                        in the local low-limit poker games. She 
                                        scratched out a living at the tables and 
                                        used her knowledge of investing to make 
                                        small fortune during the stock market 
                                        boom of the late 90s. She achieved financial 
                                        independence at an age when most of her 
                                        peers were just getting their first job 
                                        promotion. That put her on the launching 
                                        pad to a new career path.  Liebert 
                                        began playing poker tournaments and eventually 
                                        moved to Las Vegas. She ranked in the 
                                        top 12 of the Card Player Tournament Player 
                                        of the Year rankings, in both 1997 and 
                                        1998. She made final table appearances 
                                        at all the top events, including the World 
                                        Series of Poker. In 2000, she was the 
                                        chip leader after day two of the main 
                                        event. Her biggest win came in 2002, when 
                                        she won the main event of the inaugural 
                                        Party Poker Million. Liebert went a poker 
                                        cruise and came back home with a million 
                                        dollars. How many tourists can say that? 
                                         But 
                                        for all of her financial success and peer 
                                        respect, the one thing that eluded Liebert 
                                        (until this day) was the coveted gold 
                                        bracelet � presented to the winner of 
                                        each WSOP event. Liebert came very close 
                                        to winning last year. In 2003, she got 
                                        heads up in the $1,500 Limit Hold�em event 
                                        with an off-duty Horseshoe poker dealer 
                                        named John Arrage, who eventually won. 
                                        It was a tough loss for Liebert.  That 
                                        two-hour showdown between Arrage and Liebert 
                                        was truly remarkable, and featured an 
                                        ending that no one in the audience could 
                                        possibly have predicted (including Arrage, 
                                        perhaps). Arrage started off with roughly 
                                        a 3 to 1 chip advantage over Liebert, 
                                        but saw his lead crumble gradually over 
                                        the first hour. When Liebert built her 
                                        marginal chip lead into a 3 to 1 chip 
                                        advantage during the heads-up finale, 
                                        her victory seemed to be a foregone conclusion. 
                                        It appeared Arrage was content with the 
                                        second-prize showing and $91K, while Liebert 
                                        was primed for her first world championship. 
                                         Then, 
                                        the limits went up and the world might 
                                        as well have been turned upside down. 
                                        Liebert's dream was shattered. Arrage 
                                        went on a 25-minute run that left everyone 
                                        in the room shaking their heads in disbelief. 
                                        Liebert finished second.  Twelve 
                                        long months later, Liebert sat down to 
                                        her first WSOP final table of 2004. The 
                                        cards were dealt. Time for redemption. 
                                        The finalists were eliminated in the following 
                                        order:  9th 
                                        � HIPPI JON ANDLOVEC � The gambler from 
                                        Nevada�s capital, Carson City, was the 
                                        first player to be eliminated about an 
                                        hour into day two. The 59-year-old who 
                                        has won a few tournaments was making his 
                                        third WSOP final table, and first since 
                                        1991 (he has 4th and 6th place finishes 
                                        in two prior showings). Andlovec was down 
                                        to his last $5K and moved in with a weak 
                                        ace, which lost to Q-10 when a queen flopped. 
                                        Andlovec collected $6,620.  8th 
                                        � RONNIE EBANKS � The 40-year-old ex-jockey 
                                        and agent from Florida was making his 
                                        first-ever final table. Normally, a full-house 
                                        would be a great hand to go �all in� with 
                                        -- but not when your opponent has four-of-a-kind. 
                                        Ebanks �tens full of queens� lost to a 
                                        sledgehammer -- four tens. Ebanks added 
                                        $9,940 to his bank account.  7th 
                                        � ANDREW HALLENBECK � Hallenbeck, 29, 
                                        made it into the money earlier this year 
                                        (22nd in the $1,500 Limit Hold�em event). 
                                        He made his final bet of the night with 
                                        A-4, which was completely dominated by 
                                        A-K. A four failed to rescue Hallenbeck, 
                                        which translated into $13,240 for 7th 
                                        place.  6th 
                                        � IVO DONEV � The eccentric Austrian chessmaster, 
                                        Ivo Donev came in second in chips, but 
                                        was never able to gain much momentum at 
                                        the final table. His big hands were repeatedly 
                                        cracked by his opponents, most commonly 
                                        Kevin Song. His final hand was J-10 against 
                                        A-10. Although he caught a 10, the ace 
                                        kicker played and checkmated Donev into 
                                        6th place. Donev, who won the WSOP $1,500 
                                        buy-in Omaha event in 2000, took $16,560. 
                                         5th 
                                        � MICHAEL TASHMAN � A local retiree, Tashman 
                                        busted out in 5th place. He was severely 
                                        short-stacked and went �all in� with Q-9 
                                        against Q-10. Dominated hands usually 
                                        don�t fare too well heads up, and this 
                                        was no exception. Tashman received $19,880. 
                                         4th 
                                        � JOE CASSIDY � The young California poker 
                                        pro, Joe Cassidy went out next. He cashed 
                                        in the $1,500 Limit hold�em event earlier 
                                        this year, and made a respectable 4th-place 
                                        showing in this event. He lost to trip 
                                        deuces and added $23,180 to his poker 
                                        bankroll.  3rd 
                                        � BROCK PARKER � The youngest player at 
                                        the final table was Brock Parker -- age 
                                        22. He finished 10th in the previous event, 
                                        and came much closer to winning this one. 
                                        Parker, who lives in the Washington, DC 
                                        suburb of Silver Spring, MD, had his luck 
                                        finally run out when he lost his final 
                                        hand of the night to Kevin Song. Parker 
                                        collected $29,800.  When 
                                        heads up play began, Liebert faced the 
                                        veteran tournament pro, Kevin Song. The 
                                        chip counts were as follows.  LIEBERT: 
                                        $200K SONG: $160K
 It 
                                        took two and a half hours for Liebert 
                                        to defeat Song, and dispel the ghosts 
                                        of heads-up matches of the past. Liebert�s 
                                        critical hand took place when she called 
                                        repeated bets by Song, who was bluffing 
                                        � while holding a vulnerable small pair, 
                                        pocket threes. That hand gave Liebert 
                                        not only a massive chip lead, but the 
                                        confidence to close the victory.  Towards 
                                        the end, Liebert won five pots in a row. 
                                        Then, on the final hand of the night, 
                                        Liebert was dealt J-3 � not usually one 
                                        of hold�em best hands -- versus Song�s 
                                        A-Q. Song�s last $15K went into the pot 
                                        on a draw with two overcards when the 
                                        flop came 6-3-2, and Liebert called with 
                                        the small pair. An 8 and 5 came on the 
                                        turn and river respectively � no harm 
                                        to the Liebert�s pair of threes. Liebert 
                                        proved to be a popular winner, as she 
                                        was swarmed by many of her peers.  Korean-born 
                                        Kevin Song finished as the runner up. 
                                        The winner of the 1997 $2,000 buy-in Limit 
                                        Hold�em title, Song left the tournament 
                                        poker scene for three years to build a 
                                        successful retail business. He now limits 
                                        his poker playing to the World Series. 
                                        He received $58,300 for second place. 
                                         Liebert 
                                        now has 11 cashes at the WSOP, and is 
                                        now third on the Women�s top money winner 
                                        list. She was eager to cite 1983 world 
                                        champion Tom McEvoy as an inspiration, 
                                        both personally and as a teacher. Liebert 
                                        said she learned a lot about tournament 
                                        strategy from McEvoy�s numerous books 
                                        and writings on the game.  Afterward, 
                                        Liebert was asked to compare her tournament 
                                        victories. �The World Series of Poker 
                                        is the premier poker tournament, so winning 
                                        an event here is a big accomplishment,� 
                                        she said. �It might not be as much money 
                                        (as I won in the Party Poker Million), 
                                        but it�s a bigger accomplishment.�  -- Official Report 
                                        by Nolan Dalla, Media Director -- 2004 
                                        World Series of Poker
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