Poker Boom
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Poker Boom
The poker boom was a period between 2003 and 2006, during which poker, primarily no-limit Texas hold 'em, but also other variations, became considerably more popular around the world. During the boom years, the online poker player pool at least doubled in size every year. Causes The seeds of the boom began in 1998, with the release of the film ''Rounders'' and the introduction of online poker at Planet Poker. These events built on the occasional telecasts of the World Series of Poker (WSOP) Main Events that were recorded each summer and broadcast later in the year. Two specific 2003 triggers completed the launch of the poker boom. In the spring of 2003, the World Poker Tour's inaugural season debuted on the Travel Channel on American cable television. The impact of the boom was escalated in May 2003, when amateur Chris Moneymaker won the 2003 WSOP Main Event. Moneymaker won his seat via a $86 satellite tournament on the PokerStars online poker room. Moneymaker was one of 839 entr ...
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Poker
Poker is a family of comparing card games in which players wager over which hand is best according to that specific game's rules. It is played worldwide, however in some places the rules may vary. While the earliest known form of the game was played with just 20 cards, today it is usually played with a standard deck, although in countries where short packs are common, it may be played with 32, 40 or 48 cards.Parlett (2008), pp. 568–570. Thus poker games vary in deck configuration, the number of cards in play, the number dealt face up or face down, and the number shared by all players, but all have rules that involve one or more rounds of betting. In most modern poker games, the first round of betting begins with one or more of the players making some form of a forced bet (the '' blind'' or ''ante''). In standard poker, each player bets according to the rank they believe their hand is worth as compared to the other players. The action then proceeds clockwise as each play ...
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2004 World Series Of Poker
The 2004 World Series of Poker (WSOP) was held at Binion's Horseshoe after Harrah's Entertainment purchased the casino and the rights to the tournament in January. Harrah's announced that future WSOP tournaments will be held in a moving circuit of member casinos. Preliminary events Main Event There were 2,576 entrants to the main event - more than three times the number of the previous year. Each entry paid $10,000 to enter what was the largest poker tournament ever played in a brick and mortar casino at the time. Many entrants, including the overall winner, won their seat in online poker tournaments. 1995 Main Event Champion Dan Harrington made the final table for the second consecutive year. His bid for a second Main Event title came up short once again as he finished in fourth place. Final table *Career statistics prior to the beginning of the 2004 Main Event. Final table results Other High Finishes ''NB: This list is restricted to top 30 finishers with an existing Wikip ...
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A Year Inside The Poker Boom
A, or a, is the first letter and the first vowel of the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''a'' (pronounced ), plural ''aes''. It is similar in shape to the Ancient Greek letter alpha, from which it derives. The uppercase version consists of the two slanting sides of a triangle, crossed in the middle by a horizontal bar. The lowercase version can be written in two forms: the double-storey a and single-storey ɑ. The latter is commonly used in handwriting and fonts based on it, especially fonts intended to be read by children, and is also found in italic type. In English grammar, " a", and its variant " an", are indefinite articles. History The earliest certain ancestor of "A" is aleph (also written 'aleph), the first letter of the Phoenician alphabet, which consisted entirely of consonants (for that reason, it is also called an abjad to distinguish it fro ...
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Money Laundering
Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions with varying definitions. It is usually a key operation of organized crime. In US law, money laundering is the practice of engaging in financial transactions to conceal the identity, source, or destination of illegally gained money. In UK law the common law definition is wider. The act is defined as "taking any action with property of any form which is either wholly or in part the proceeds of a crime that will disguise the fact that that property is the proceeds of a crime or obscure the beneficial ownership of said property". In the past, the term "money laundering" was applied only to financial transactions related to organized crime. Today its definition is often expanded by government and international regulators such as the US Offic ...
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Web Domain
A domain name is a string that identifies a realm of administrative autonomy, authority or control within the Internet. Domain names are often used to identify services provided through the Internet, such as websites, email services and more. As of 2017, 330.6 million domain names had been registered. Domain names are used in various networking contexts and for application-specific naming and addressing purposes. In general, a domain name identifies a network domain or an Internet Protocol (IP) resource, such as a personal computer used to access the Internet, or a server computer. Domain names are formed by the rules and procedures of the Domain Name System (DNS). Any name registered in the DNS is a domain name. Domain names are organized in subordinate levels (subdomains) of the DNS root domain, which is nameless. The first-level set of domain names are the top-level domains (TLDs), including the generic top-level domains (gTLDs), such as the prominent domains com, info, net, ...
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United States V
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ...
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2011 World Series Of Poker
The 2011 World Series of Poker was the 42nd annual World Series of Poker (WSOP). The WSOP is the most prestigious poker tournament in the world with the winner of the Main Event considered to be the World Champion. It was held at the Rio All Suite Hotel and Casino in Las Vegas, Nevada between May 31 – July 19, 2011. There were 59 bracelet events, beginning with the WSOP National Circuit Championship and culminating in the $10,000 No Limit Hold'em Championship (also known as the "Main Event"). The November Nine concept returned for a fourth consecutive year, with the Main Event finalists returning on November 6, playing down to three that evening and then adjourning until November 8. Coverage The 2011 WSOP marked the first time that every event at the WSOP was covered nearly live. Due to the nature of the competition, live coverage was not allowed by the Nevada Gaming Commission. WSOP.com streamed 55 gold bracelet events on a five-minute delay via the internet. ESPN3 streamed th ...
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2007 World Series Of Poker
The 2007 World Series of Poker (WSOP) began on June 1st, 2007. The $10,000 ( US) no-limit Texas hold 'em Main Event began on July 6th and was completed on the morning of July 18th. All events were held at the Rio All Suite Hotel and Casino in Las Vegas, Nevada by Harrah's Entertainment, which has run the annual event since its purchase from the Binion family in 2004. For the first time players began each event with double the amount of chips as the buy-in. This means that players in the Main Event started with 20,000 chips. The blind structure has also been increased and some blind levels removed but slowed to allow for more play. In addition to the $50,000 H.O.R.S.E. event, which was first played at the 2006 World Series of Poker, this year there were 2 additional H.O.R.S.E. events with lower buy-ins ($2,500 and $5,000). Tom Schneider, who won 2 events and made 1 other final table, won the Player of the Year Award. Michael Binger and Chad Brown led all other players with ei ...
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Party Poker
A party is a gathering of people who have been invited by a host for the purposes of socializing, conversation, recreation, or as part of a festival or other commemoration or celebration of a special occasion. A party will often feature food and beverages, and often conversation, music, dancing, or other forms of entertainment. Some parties are held in honor of a specific person, day, or event, such as a birthday party, a Super Bowl party, or a St. Patrick’s Day party. Parties of this kind are often called celebrations. A party is not necessarily a private occasion. Public parties are sometimes held in restaurants, pubs, beer gardens, nightclubs, or bars, and people attending such parties may be charged an admission fee by the host. Large parties in public streets may celebrate events such as Mardi Gras or the signing of a peace treaty ending a long war. Types Balls Banquets Birthday party A birthday party is a celebration of the anniversary of the birth of the ...
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Unlawful Internet Gambling Enforcement Act Of 2006
The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) is United States legislation regulating online gambling. It was added as Title VIII to the SAFE Port Act (found at ) which otherwise regulated port security. The UIGEA prohibits gambling businesses from "knowingly accepting payments in connection with the participation of another person in a bet or wager that involves the use of the Internet and that is unlawful under any federal or state law." The act specifically excludes fantasy sports that meet certain requirements, skill games, and legal intrastate and intertribal gaming. The law does not expressly mention state lotteries, nor does it clarify whether interstate wagering on horse racing is legal. Background on online gambling The United States Court of Appeals for the Fifth Circuit ruled in November 2002 that the Federal Wire Act prohibits electronic transmission of information for sports betting across telecommunications lines but affirmed a lower court ruling ...
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Speculative Bubble
An economic bubble (also called a speculative bubble or a financial bubble) is a period when current asset prices greatly exceed their intrinsic valuation, being the valuation that the underlying long-term fundamentals justify. Bubbles can be caused by overly optimistic projections about the scale and sustainability of growth (e.g. dot-com bubble), and/or by the belief that intrinsic valuation is no longer relevant when making an investment (e.g. Tulip mania). They have appeared in most asset classes, including equities (e.g. Roaring Twenties), commodities (e.g. Uranium bubble), real estate (e.g. 2000s US housing bubble), and even esoteric assets (e.g. Cryptocurrency bubble). Bubbles usually form as a result of either excess liquidity in markets, and/or changed investor psychology. Large multi-asset bubbles (e.g. 1980s Japanese asset bubble and the 2020–21 Everything bubble), are attributed to central banking liquidity (e.g. overuse of the Fed put). In the early stages of ...
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2004–05 NHL Lockout
The 2004–05 NHL lockout was a labor lockout that resulted in the cancellation of the National Hockey League (NHL) season, which would have been its 88th season of play. The main dispute was the league's desire to implement a salary cap to limit expenditure on player salaries, which was opposed by the NHL Players Association (NHLPA), the players' labor union, who proposed an alternative system of revenue sharing. Attempts at collective bargaining before the season began were unsuccessful. The lockout was initiated on September 16, 2004, one day after the expiration of the existing collective bargaining agreement (CBA), which itself had been the result of the 1994–95 lockout. During the lockout, further attempts to negotiate a new CBA floundered, with neither side willing to back down, and this led to the entire season being canceled on February 16, 2005. The NHL and NHLPA negotiating teams finally reached an agreement on July 13, 2005, with the lockout officially ending ...
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