Word: lessing
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Take Chris Moneymaker. He may have had the name, but nobody—much less professional players—knew who he was a little less than a decade ago. Through a $39 buy-in satellite tournament online, the then-27-year-old accountant from Tennessee won a seat in the main event of the 2003 World Series of Poker, where he won the first prize of $2.5 million. The crowning of a regular Joe as World Champion had seismic effects: interest in poker spiked—a trend that has been dubbed the “Moneymaker Effect?...
...fact, Ian makes about as much as he did when he was teaching—around $50,000 a year. But there’s certainly a great deal less stress than before. The self-professed “night owl” likes that he can stay up until five a.m. and sleep in until noon. Ian suffers from mild carpal-tunnel syndrome, but that doesn’t stop him from playing five or six days a week, occasionally eight hours in a day. He usually has no more than 10 tables open (He has a friend with...
...over-inflated self-esteem” of the country, combined with the seeming “disdain for math,” has made the environment opportune for learned players like himself, Ian says. More than 75 percent of players are losers, and, according to Ian, less than 10 percent of players play mathematically—in essence, fundamental mistakes that can be eliminated with simple instruction pervade the amateur scene. “Most people don’t read books, as far as I can tell,” he muses. If Ian were to give a relatively...
...don’t really feel that rush,” Hawrilenko says. “I find that the more logical you are, the more you try to analyze every situation, and the more you can kind of see the big picture and the long view, the less it feels like gambling.” In fact, some days, Hawrilenko just doesn’t want to play—but he has to, he says, because it supports his very livelihood...
...says. “I laugh when people are like, ‘It’s so risky!’ Do you have money in the stock market, or do you have money in a hedge fund? Here, at least I’m more or less betting on my assessment of myself rather than handing my money over to somebody else...