Moneymaker Effect - Description and Details

The term moneymaker effect was created because of Chris Moneymaker. He is a 27 year old amateur poker and an accountant by profession. This man is from Tennessee and he outlasts all 838 players and won the 2003 World Series of Poker in the main event. He won US$2.5 million prize and became the World Champion. He became the newest icon in poker and he has inspired a lot of new poker players. Today, many believed that staying inside their home in front of their computer is more profitable than going to work. His victory also started a new era in the World of Poker.

There is an article that was published in Las Vegas Sun stating that the victory of Moneymaker in poker started the “poker craze”. There is an increased popularity in poker right after his victory plus the introduction of hole card cameras for televised tournaments. He started to enter 2003 World Series of Poker because he won in a satellite tournament in an online poker room that amount to $39. This small win gave him a seat to a much larger satellite tournament and the grand prize was a seat to the famous World Series of Poker in Las Vegas. In short, Moneymaker won the tournament and he competes to the prestigious 2003 WSOP event.

When this player from Tennessee started winning, then he could not stop himself from playing in different poker tournaments. This has shocked many professionals as well as expert poker players because he is only playing cards that were dealt to him. At age of 29, he played and won over a pair of Jacks and beat Sam Farha using a hand with 5 of Diamonds and 4 of Spades.

What this simple man has done is to give all amateur poker players the confidence to play in different online tournaments to make it big and join prestigious poker tournament such as WSOP. He has earned huge amount of money by playing in diverse tournaments to become somebody from nobody. He became an instant celebrity overnight and it gave him a lot of advantages. During the year 2004, Moneymaker end up second at World Poker Tour and he collected $200,000 from it. Some of the tournaments where he has played and won are PokerStars Caribbean Adventure, Latin American Poker Tour and European Poker Tour.

Today, his name was on the list of online poker’s hall of fame because his legacy lives on especially in the heart of aspiring poker players who are also dreaming of becoming big in the World of Poker. A simple poker player like you can become like Moneymaker and create your own history in Poker. The moneymaker effect will continue to inspire many to try and take a risk in playing poker. No one knows when you are going to hit the jackpot. With the help of a little luck and some knowledge about the game, you too can become a Moneymaker and write your own history.

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