This article examines the first-century c.e.Laus Pisonis, an anonymous panegyric for a certain Piso that lays particular emphasis on his skill at lyre-playing, ball games and the board game, the ludus latrunculorum (155–210). Whereas this focus has often been a cause of consternation among critics, this article argues that play is a crucial element of the poem's poetic and political operations. The first section shows that the poem employs images of poetic maturity and of temporality in order to justify a light or ludic topic for an allegedly young poet. The second section identifies a hitherto unobserved telestich (M-O-R-A) in the passage describing the ludus latrunculorum and argues that this letter game defines a positive period of play within the poem. The third section further demonstrates that this letter game is aimed specifically at the patron Piso as he is represented within the poem. That is, the poet parallels Piso's potential to uncover the telestich in the text and his ability to uncover the poet's hidden talent. The concluding fourth section explores the wider impact of this reinterpretation of the Laus Pisonis for the literary history of the Early Principate. It proposes that the poem's playfulness should not be seen as reflecting the progressive disempowerment of the political elite. Rather, the poem is an early case of Roman political discourse encroaching on the value of the trivial and the boundaries of otium. The Laus Pisonis makes play political.