May 27, 2019

How Chris Moneymaker sparked the poker boom by turning $40 into $2.5 Million

Chris Moneymaker’s surname actually made more sense when he turned $39 into $2.5 Million at the 2003 WSOP event and sparked the poker boom. He gave hope to many young players and millions of people began playing poker online and live across the world. Born on Nov 21, 2015, Chris Moneymaker has a master’s degree in accounting from the University of Tennessee.

He was working as an accountant when he won a seat into the main event of the 2003 World Series of Poker through a $39 satellite. He decided to enter a $39 satellite qualifier event to win an entry into the WSOP, basically a $10,300 buy-in. Soon, he was flying to Vegas and outlasted whopping 839 players to claim the series, giving the birth to “Moneymaker Effect”.

He made a few interesting moves in the tournament and Lou Diamond, one of the pros described him as a ‘dark horse’. He indeed got lucky during the final table, he was dealt pocket eights while Humberdo Brene had pocket aces, and he got another 8 later on in the hand to attain three of a kind.

Known as Money800 in the poker world, he became one of the most notable personalities in the world of professional poker. After this unexpected win, he quit his accountant job to work as a spokesperson for PokerStars. He even donated $25,000 toward medical research in the fight against cancer.

Married with one daughter, Chris had another WSOP cash the next year in the $5000 Pot-Limit Omaha poker event before getting busted in 10th place. In 2004, he finished second by winning $200,000 at the WPT Bay 101 Shooting Start Tournament. Chris won $139,635 in the PokerStars World Championship of Online Poker (WCOOP) in Sep, 2008.

Rankings & Key Statistics

  •    United States All Time Money List- 154th
  •    Tennessee, USA All Time Money List- 1st
  •    All Time Money List Current Rank- 246th
  •    All Time Money List Best Rank- 17th
  •    Global Poker Index Ranking- 4,105th
  •    Popularity Ranking- 58th
  •    Best Live Cash- $2,500,000
  •    Total Live Earnings- $3,609,863

Career Highlights

  •    Won $2,500,000 at the 2003 WSOP $10,000 Main Event, May 2003    
  •    Won $21,000 at the 2004 WSOP $5,000 Pot Limit Omaha, May 2004
  •    Won $24,480 at the EPT London £5,200 No Limit Hold’em, September 2007
  •    Won $130,000 at the PCA Main Event, January 2011
  •    Won $300,000 at the National Heads-Up Poker Championship, March 2011
Read 2947 times Last modified on Thursday, 25 January 2018 12:09

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