by Brad "Otis" Willis

He's not a British politician. He's not a character from a Grateful Dead song. The man who calls himself "jaxtraw" on PokerStars is one thing: one of the Day 1A chip leaders.

Funny thing about this stock trader: you can't think about his screen name or his real name without thinking about a Dead tune or an old school, one-eyed detective.

Who are we talking about? That's right. Peter "jaxtraw" Falk.

"My mom saw the name in lights and liked it," he said of his name.

So, he's a joker, he's just a transplant from New York to Florida, he's another one of the $33 rebuy qualifiers who made into the 2006 WSOP.

Oh, and one more thing...

As we enter the final level of the evening, Peter Falk has a monster stack of more than $80,000 in chips.

At this point in the night, everybody knows it is late. What's more, everyone knows it is early...in this event anyway. This tournament will go on for another two weeks before somebody wins it. What's more, it will likely be the middle of next week before we even hit the money.

But for now, nearly 1am on a day that started 13 hours ago, Peter Falk can feel pretty good about his day here.