Secondly, I think that Phil Hellmuth focuses on his ego too much. So rather than focusing on the game itself, Phil is focuses on his persona. Phil Hellmuth thinks that everyone at the table has a proper respect for each hand that he is involved in. However they don’t.
Thirdly, lets be honest here, Phil Hellmuth doesn’t have enough skill to compete against the world best cash game players. We have discussed the reason for that in the first part (applying tournament strategy to cash games). You can see a lot of times Phil Hellmuth states that he plays “one hand per hour and still they call him with the worst hands”. Isn’t that obvious? How do you play against a rock? That’s right you loosen up your game a bit. And that is exactly what everyone does. Phil states that he won his 11 bracelets by trapping opponents – this is a very good strategy on WSOP field, especially if half of the participators are fish. Which makes it easier to trap bad players, however doesn’t work when you play against Phil Ivey or Tom Dwan.
Finally, we can not point any particular case for Phil Hellmuth cash games fails, I think that is is a mix of all of the issues in one case.