Intraguild predation occurs when one species (the intraguild predator) predates on and competes with another species (the intraguild prey). A classic model of this interaction was introduced by Gary Polis and Robert Holt building on a model of competing species by Thomas Schoener. A global analysis reveals that this model exhibits generically six dynamics: extinction of one or both species; coexistence about a globally stable equilibrium; contingent exclusion in which the first established species prevents the establishment of the other species; contingent coexistence in which coexistence or displacement of the intraguild prey depend on initial conditions; exclusion of the intraguild prey; and exclusion of the intraguild predator. Implications for biological control and community ecology are discussed.