Episode
Phillip "P3" Hellmuth III Says F*** the Markup Police; What was Phil Hellmuth Like as a Dad?
- Podcast
- PokerNews Podcast
- Published
- Jul 19, 2026
- Duration seconds
- 1443
- Processing state
not_requested
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Summary
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?