Bill Perkins Offers $10K Reward for Info on Texas Poker Club Shooter

Bill Perkins Offers $10K Reward for Information Leading to Arrest of Texas Poker Club Shooter

High-stakes poker regular and wealthy hedge fund manager Bill Perkins is offering a $10,000 reward for information leading to the arrest of whoever shot shot Tom “3betpanda” Steinbach outside a Texas poker club last week.

Bill Perkins poker

Bill Perkins is offering $10,000 for information leading to the arrest of a Texas poker club shooter. (Image:

The incident occurred in the parking lot of the Texas Card House, an Austin-area social club, at 4 am on April 30. Steinbach, who was leaving the facility after a poker session, was shot by a robber who fled the scene and hasn’t been caught.

A friend of the victim known as @jillianfades on Instagram reported the following day that Steinbach was in stable condition, an upgrade over initial reports that indicated he suffered life-threatening injuries.

Although the suspect got away, the business has 26 surveillance cameras on-site and, according to police, one captured the shooting. But more than a week after the incident, no arrests have been made.

‘Perky’ Steps Up to Plate

Bill Perkins has made enough money as a hedge fund manager to last a dozen lifetimes. Instead of wasting that money, he puts much of it to good use, such as helping poker players get in shape with the motivation of a prop bet.

And now he’s offering up a reward to anyone who can bring the Texas poker club shooter to justice.

The Austin Crime Stoppers uses social media to catch suspected criminals. The organization claims to have solved 10 cases in April through tips provided online.

“We need to protect our community from all threats,” Perkins said in response to the tweet.

Safety Concerns

The Texas Card House, in response to the shooting, hired additional security. But some frequent players and others in the neighborhood have expressed concern about the safety of playing poker in a so-called social club.

One concern has to do with the Texas Card House closing at an advertised time each day. According to one Twitter user who claims to play at the club, that makes it easy for robbers to know when poker players are leaving the facility with cash.

Poker rooms that operate out of a brick-and-mortar casino typically have better security and most casinos are open 24/7.

Written by
Jon Sofen
Semi-pro poker player with 17 years experience on the felt and more than five years working as professional poker media.


Smokewood wrote...

We need regulated poker in Texas, both live and on-line.
This is total BS that normal people who just like to play poker are treated like criminals.

CRStals wrote...

The obvious comment about this relates to Bill Perkins and his continued pursuit of bettering humans through the additional reward money he personally put up. Bill has made a fortune and continues to demonstrate what many poker players preach – humbleness and generosity. Looking out for a true stranger, bound only through the love of the game of poker, is genuine Bill Perkins.

The other side of this story relates to the poker room operation itself. Not fully understanding the laws in Texas, this appears to be illegal according to what I can read online as playing poker in Texas for money is essentially illegal. Even casinos of all types can’t set-up shop, so they resort to building just outside state lines to lure people out.

As a Canadian, I am again reminded of how different life could be for a poker lover like myself. In Ontario, not only are there hotel-style casinos in Windsor and Niagara Falls, but many other casinos on sacred grounds so to speak that offer all types of gambling. And all regulated by the provincial lottery corporation. And someone that has been to my local casino on a normal Tuesday afternoon and seeing how packed it was, I’m baffled at governments state side that don’t support and protect this lucrative form of income. Casinos here make millions of dollars, an not one person is concerned with the crime rate near a casino because of the security and protection involved. I wish we could better protect places like this, with a defined closing time to better serve customers – who could be adding millions to state bank accounts.

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