A Short History of The Poker Boom, The UIGEA, and the Death of Online Poker Imposed by the Recent DoJ Actions

In 2003 an accountant named Chris Moneymaker won a $10,000 seat into the Main Event of the World Series of Poker by winning a $39 satellite on the online poker site PokerStars. As most of you know, Moneymaker went on to win the Main Event that year, parlaying his $39 in a $2.5 Million payday.

Moneymaker at the 2003 WSOP Main Event Final TableMoneymaker’s win, along with the introduction of hole card cameras, sparked a poker boom that was greater than anyone could have ever imagined.

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