Phillip "P3" Hellmuth III Says F*** the Markup Police; What was Phil Hellmuth Like as a Dad?

Phillip "P3" Hellmuth III Says F*** the Markup Police; What was Phil Hellmuth Like as a Dad?

Author: PokerNews Podcast July 19, 2026 Duration: 24:03

In the 993rd episode of the PokerNews Podcast, which is sponsored by FanDuel Poker, Chad Holloway, Mike Holtz, and Ben Ludlow are joined by Phillip "P3" Hellmuth III at Level 9 Studio in Las Vegas during the 2026 World Series of Poker (WSOP).

The son of poker legend Phil Hellmuth talks about what it was like growing up with the "Poker Brat" as a dad, but also about his own journey to poker, which started relatively recently after he was laid off from a longtime banking job. Now, Hellmuth III has been busy studying, competing on Hellmuth's Home Game, and doing his best to rack up some results.

P3 also talks about his father's controversial decision to encourage him to charge a 1.4 mark-up for the 2026 WSOP Main Event and the subsequent bet with Shaun Deeb. From there, Hellmuth III talks about his brother, Nick Hellmuth, the RunGood Poker Series (RGPS), and plays a round of 'Which Phil Is It?' right in the studio.

A new PokerNews Podcast drops four times a week in July! You can expect a new episode every Tuesday, Thursday, Saturday, and Sunday at 8a PT / 11a ET / 4p UK time. Remember to subscribe to our YouTube channel so you do not miss an episode!

Time Stamps
*Time    Topic*
00:00 | Welcome to the show
00:21 | Phillip Hellmuth III joins the show
00:55 | Growing up a Hellmuth
02:30 | What inspired you to try poker?
04:20 | Playing the RGPS
06:45 | Playing on Hellmuth's Home Game
10:40 | 1.4 markup for Main Event
13:50 | Phil Hellmuth as a father-in-law
14:35 | Brother Nick Hellmuth
17:34 | Which Phil is It?
22:20 | What's next for P3?


Every Friday, the longest-running news show in poker drops a new episode, offering a direct line into the heart of the community. With over 800 episodes in the archive, the PokerNews Podcast has become a Friday ritual for players and fans alike, blending the week's most urgent headlines with deeper stories, spirited debates, and the occasional bit of insider gossip. Host Chad Holloway, a WSOP bracelet winner himself, is joined by co-hosts like a Game of Gold star, ensuring the conversation is always grounded in real experience. They don't just report the news; they dissect it with a player's perspective. Tuning in means hearing from the most influential voices in the game, from Poker Hall of Famers to reigning World Series of Poker Main Event champions, who share stories you won't find anywhere else. This isn't just a recap; it's a weekly immersion into the strategies, scandals, and personalities that define the modern poker landscape. Whether you're grinding online or just love the drama of the felt, this podcast delivers the authentic, unfiltered sound of the game every week.
Author: Language: English Episodes: 50

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