Moneymaker Effect
Based on The Cover
This book discusses the impact of Chris Moneymaker’s victory in the 2003 World Series of Poker main event on the poker industry. Moneymaker, an amateur poker player, won the event and its $2.5 million prize after qualifying through an online satellite tournament with a $39 buy-in. His victory inspired millions of people to start playing poker, both online and in live tournaments, leading to a massive boom in the poker industry. The book explores how Moneymaker’s win changed the perception of poker from a game played by professionals and seasoned gamblers to one that anyone could learn and potentially succeed in. This phenomenon, known as the “Moneymaker Effect,” led to a significant increase in the number of poker players, the size of tournament prize pools, and the growth of online poker sites.
