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Moneymaker Effect
The Moneymaker effect is the name of the sudden growth in interest in poker after the 2003 World Series of Poker Main Event. History The term was created after Chris Moneymaker, a 27-year-old accountant and amateur poker player from Tennessee, United States, outlasted 838 other players to win the 2003 World Series of Poker (WSOP) Main Event, thereby winning the US$2.5 million prize and the title of World Champion. He became the new poster boy for poker, inspiring potential players to believe that "staying at home in front of a computer screen could be more profitable than going to work." His improbable win also started a new era in poker in which "a nobody could topple the feared pros." According to an article in the '' |
Poker
Poker is a family of Card game#Comparing games, comparing card games in which Card player, players betting (poker), wager over which poker hand, hand is best according to that specific game's rules. It is played worldwide, with varying rules in different places. While the earliest known form of the game was played with just 20 cards, today it is usually played with a standard 52-card 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 Poker dealer, dealt face up or face down and the number Community card poker, shared by all players, but all have rules that involve one or more rounds of Betting in poker, 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 (poker), blind'' or ''ante''). In standard poker, each player bets a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2003 World Series Of Poker
The 2003 World Series of Poker (WSOP) was a poker tournament held at Binion's Horseshoe. The tournament is seen as a turning point in the history of competitive poker, as amateur Chris Moneymaker's victory in the main event despite no prior tournament experience was widely regarded as bringing with it a surge in public interest and popularity in the game, known as the Moneymaker effect, or the Poker boom. Moneymaker entered the tournment from a ticket won in an online PokerStars table. Events There were 35 preliminary bracelet events at the 2003 World Series of Poker. Doyle Brunson, Johnny Chan, and Phil Hellmuth all tied Johnny Moss's career bracelet record with their ninth. Men Nguyen finished runner-up in two events in this World Series. Main Event There were 839 entrants to the main event. Each paid $10,000 to enter, with the top 63 players finishing in the money. It was the largest poker tournament ever played in a brick and mortar casino at the time. Many entrants, inc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Times
''The Times'' is a British Newspaper#Daily, daily Newspaper#National, national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its modern name on 1 January 1788. ''The Times'' and its sister paper ''The Sunday Times'' (founded in 1821), are published by Times Media, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. ''The Times'' and ''The Sunday Times'' were founded independently and have had common ownership only since 1966. It is considered a newspaper of record in the UK. ''The Times'' was the first newspaper to bear that name, inspiring numerous other papers around the world. In countries where these other titles are popular, the newspaper is often referred to as or , although the newspaper is of national scope and distribution. ''The Times'' had an average daily circulation of 365,880 in March 2020; in the same period, ''The Sunday Times'' had an average weekly circulation of 647,622. The two ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chris Moneymaker
Christopher Bryan Moneymaker (born November 21, 1975) is an American poker player who won the Main Event at the 2003 World Series of Poker (WSOP). His 2003 win is said to have revolutionized poker because he was the first person to become a world champion after qualifying at an online poker site. This has been referred to in the press as the " Moneymaker effect". Early life Moneymaker was born in Atlanta, Georgia. He attended Farragut High School in Knoxville, Tennessee, and later earned a master's degree in accounting from the University of Tennessee. After receiving his master's degree, Moneymaker worked as a comptroller. He was also a part-time employee at a local restaurant, in Spring Hill, Tennessee. Moneymaker said that his ancestors made silver and gold coins and chose the name "Moneymaker" as a modification of their German last name, "Nurmacher". Poker career World Series of Poker Moneymaker was working as an accountant when he won a seat in the Main Event of the 2003 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accountant
An accountant is a practitioner of accounting or accountancy. Accountants who have demonstrated competency through their professional associations' certification exams are certified to use titles such as Chartered Accountant, Chartered Certified Accountant or Certified Public Accountant, or Registered Public Accountant. Such professionals are granted certain responsibilities by statute, such as the ability to certify an organization's financial statements, and may be held liable for professional misconduct. Non-qualified accountants may be employed by a qualified accountant, or may work independently without statutory privileges and obligations. Cahan & Sun (2015) used archival study to find out that accountants' personal characteristics may exert a very significant impact during the audit process and further influence audit fees and audit quality. Practitioners have been portrayed in popular culture by the stereotype of the humorless, introspective bean-counter. It has been ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tennessee
Tennessee (, ), officially the State of Tennessee, is a landlocked U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders Kentucky to the north, Virginia to the northeast, North Carolina to the east, Georgia (U.S. state), Georgia, Alabama, and Mississippi to the south, Arkansas to the southwest, and Missouri to the northwest. Tennessee is the List of U.S. states and territories by area, 36th-largest by area and the List of U.S. states and territories by population, 15th-most populous of the 50 states. According to the United States Census Bureau, the state's estimated population as of 2024 is 7.22 million. Tennessee is geographically, culturally, and legally divided into three Grand Divisions of Tennessee, Grand Divisions of East Tennessee, East, Middle Tennessee, Middle, and West Tennessee. Nashville, Tennessee, Nashville is the state's capital and largest city, and anchors its largest metropolitan area. Tennessee has dive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poster Boy
A poster child (sometimes poster boy or poster girl) is, according to the original meaning of the term, a child afflicted by some disease or deformity whose picture is used on posters or other media as part of a campaign to raise money or enlist volunteers for a cause or organization. Such campaigns may be part of an annual effort or event, and may include the name and age of a specific child along with other personally identifiable attributes. In modern times, a "poster child" is a person of any age whose attributes or behaviour are emblematic of a known cause, movement, circumstance or ideal. The person in question is thought of as an embodiment or archetype. This signifies that the very identity of the subject is synonymous with the associated ideal; or otherwise representative of its most favorable or least favorable aspects. Examples * Bobbi Campbell was a self-professed "AIDS poster boy" in the earliest years of the epidemic. * Willie Horton became a poster boy for a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Las Vegas Sun
The ''Las Vegas Sun'' is one of the Las Vegas Valley's two daily subscription newspapers. It is owned by the Greenspun family and is affiliated with Greenspun Media Group. The paper published afternoons on weekdays from 1990 to 2005 and is now included as a section inside the pages of the morning ''Las Vegas Review-Journal'' but continues operating exclusively on its own website. Its publisher and president is Brian Greenspun, former publisher Hank Greenspun's son, who was a college roommate of President Bill Clinton. It has been described as "politically liberal". History The ''Las Vegas Sun'' was first published on May 21, 1950, by Hank Greenspun, who served as its editor until his death. Hank acquired the ''Las Vegas Free Press'' and two weeks later renamed it to the ''Las Vegas Sun''. He started the ''Las Vegas Sun'' after he received a US$1,000-loan from businessman Nate Mack. From its founding the paper was published in the mornings. Starting in 1989, after it signed a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 (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) List of World Series of Poker Main Event champions, 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 United States, American cable television. The impact of the boom was escalated in May 2003, when amateur Chris Moneymaker won the 2003 World Series of Poker#Main Event, 2003 WSOP Main Event. M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poker Satellite Tournament
A tournament is a competition involving at least three competitors, all participating in a sport or game. More specifically, the term may be used in either of two overlapping senses: # One or more competitions held at a single venue and concentrated into a relatively short time interval. # A competition involving a number of matches, each involving a subset of the competitors, with the overall tournament winner determined based on the combined results of these individual matches. These are common in those sports and games where each match must involve a small number of competitors: often precisely two, as in most team sports, racket sports and combat sports, many card games and board games, and many forms of competitive debating. Such tournaments allow large numbers to compete against each other in spite of the restriction on numbers in a single match. These two senses are distinct. All golf tournaments meet the first definition, but while match play tournaments meet the second, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Online Poker
Online poker is the game of poker played over the Internet. It has been partly responsible for a huge increase in the number of poker players worldwide. Christiansen Capital Advisors stated online poker revenues grew from $82.7 million in 2001 to $2.4 billion in 2005, while a survey carried out by DrKW and Global Betting and Gaming Consultants asserted online poker revenues in 2004 were at $1.4 billion. In a testimony before the United States Senate regarding Internet gaming, Internet Gaming, Grant Eve, a Certified Public Accountant representing the US Accounting Firm Joseph Eve, Certified Public Accountants, estimated that one in every four dollars gambled is gambled online. Traditional (or "brick and mortar", B&M, live, land-based) venues for playing poker, such as casinos and poker rooms, may be intimidating for novice players and are often located in geographically disparate locations. Also, brick and mortar casinos are reluctant to promote poker because it is difficult for t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PokerStars
PokerStars is an online poker cardroom. It is the largest real money online poker site in the world, controlling over two-thirds of the total online poker market, and can be accessed through downloadable poker clients for Windows, macOS, Android (operating system), Android and iOS. A PokerStars.com Poker tournament, online satellite tournament produced the 2003 World Series of Poker (WSOP) champion, Chris Moneymaker. As the first person to become a world champion by qualifying at an online poker site, Moneymaker's 2003 win was an important factor in catalyzing the poker boom of the mid-2000s. The press has called this the "Moneymaker effect." PokerStars was part of The Stars Group until it was sold to Flutter Entertainment, owner of the Irish gambling company Paddy Power, on May 5, 2020. History PokerStars launched its beta play-money-only site on September 11, 2001. The company began offering real money wagering on December 12, 2001. PokerStars was originally a Costa Rican co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
