Born on January 29, 1929, in Adairville, Kentucky, Pearson was raised in Tennessee as one of ten siblings. A childhood accident at the age of twelve resulted in a disfigured nose, earning him the enduring nickname "Puggy." His formal education was limited, as he left school after the fifth grade. At the age of seventeen, Pearson enlisted in the United States Navy, serving three tours of duty. It was during his time in the Navy that he honed his skills in poker and various other forms of gambling.
Before 1949, poker was primarily played in cash games. Pearson is credited with conceiving the concept of a freezeout tournament, an innovation he shared with the renowned gambler Nicholas "Nick the Greek" Dandolos in the early 1950s. Dandolos subsequently introduced the idea to the legendary casino owner, Benny Binion. Through the persistent encouragement of Pearson, alongside fellow poker luminaries Amarillo Slim and Doyle Brunson, who recognized the potential for lucrative side action, Binion established the inaugural World Series of Poker in 1970. Pearson was among the select players who participated in this landmark event.
Pearson secured his first WSOP bracelet in 1971, winning the Limit Seven-Card Stud preliminary event. The 1972 WSOP Main Event witnessed a controversial conclusion where Pearson finished as the runner-up to Amarillo Slim amidst questions regarding fair play. However, 1973 proved to be a banner year for Pearson. He triumphed in two preliminary events and subsequently won the Main Event, defeating Johnny Moss with A♠ 7♠ against K♥ J♠. This victory made him the first player in WSOP history to win three events in a single year, a record later matched by five others. Over his career, Pearson accumulated four WSOP bracelets, two in Seven-Card Stud and two in No-Limit Hold'em.
Known for his adventurous spirit and relentless pursuit of the highest stakes, Pearson famously owned a recreational vehicle aptly named "The Roving Gambler." Painted on its side was a testament to his gambling ethos: "I'll play any man from any land, any game he can name for any amount I can count, provided I like it."
While specific figures for Puggy Pearson's total career earnings are not readily available, his four World Series of Poker victories, including the prestigious Main Event title, undoubtedly contributed significantly to his financial success. His participation in high-stakes cash games further suggests substantial earnings throughout his career.
Pearson is credited with originating the concept of the freezeout poker tournament, a format that revolutionized the game and remains central to significant poker competitions worldwide. His victory in three events at the 1973 World Series of Poker was a historic achievement, making him the first player to accomplish this feat.
His RV, "The Roving Gambler," epitomized his nomadic lifestyle and unwavering dedication to finding the next high-stakes game.
Pearson was inducted into the Poker Hall of Fame in 1987, recognizing his significant contributions to the sport.
Puggy Pearson's legacy extends beyond his tournament victories. His pivotal role in the genesis of the World Series of Poker cemented his place as a key figure in the development of modern poker. His adventurous spirit, willingness to gamble on anything, and memorable personality have made him a beloved and enduring figure in the gambling community. He is remembered as a true "old-school" gambler who embodied the spirit of high-stakes poker.
Walter Clyde "Puggy" Pearson was an American professional poker player best known for winning the 1973 World Series of Poker Main Event. He was also instrumental in the creation of the WSOP tournament format.
He was famous for winning the 1973 WSOP Main Event, being the first player to win three WSOP events in a single year, and for originating the concept of the freezeout poker tournament. His colorful personality and high-stakes gambling pursuits also contributed to his notoriety.
Puggy Pearson won a total of four World Series of Poker bracelets.
Puggy Pearson was inducted into the Poker Hall of Fame in 1987.
Puggy Pearson died on April 12, 2006, in Las Vegas, Nevada.