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Moneymaker: How an Amateur Poker Player Turned $40 into $2.5 Million at the World Series of Poker
 
 
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Moneymaker: How an Amateur Poker Player Turned $40 into $2.5 Million at the World Series of Poker [Paperback]

Chris Moneymaker (Author)
3.8 out of 5 stars  See all reviews (18 customer reviews)

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Book Description

March 28, 2006

In 2004 the number of entrants -- and the winning pool -- at the World Series of Poker tripled, thanks in large part to Chris Moneymaker, an amateur player who came out of nowhere to win the 2003 Series, and prove to newcomers and poker pros alike that anything is possible with a chip and a chair.

Moneymaker was a young accountant from Tennessee who loved to gamble but only took up cards after college. Three years later he was playing a $40 game of online Texas Hold 'Em and won a coveted seat at the 2003 World Series of Poker. Borrowing money to get to Las Vegas, he entered his first real-time tournament and spent the next four days battling for a top spot at the final table.

Filled with everything from his early gambling ventures to a play-by-play of his major hands at the World Series of Poker, Moneymaker is a gripping, fast-paced story for anyone who has ever dreamed of winning it big.


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Editorial Reviews

From Publishers Weekly

Moneymaker's improbable 2003 victory at the World Series of Poker (where he was an untested amateur player) has been seen on ESPN's WSOP series as many times as a Seinfeld rerun. Here, with veteran coauthor Paisner, Moneymaker (the publisher insists this is his real name) presents a blow-by-blow, hand-by-hand account of the experience. Unlike James McManus in Positively Fifth Street, Moneymaker eschews analyzing the psychology and milieu of the poker world in favor of his real interest: gambling. The result is a sophisticated deconstruction of the important hands Moneymaker played as the tournament progressed, many already famous among fans of the WSOP. For connoisseurs, this offers an entertaining and insightful insider analysis that will allow them to decide for themselves whether Moneymaker was fabulously lucky or played a skillful game and thus deserved his success. For the uninitiated, the excitement of Moneymaker's progression toward the big prize will be enough to thoroughly engage. Readers also get some surprisingly candid glimpses into a gambler's consciousness--one that reflects the myth of American exceptionalism, the idea that each of us is entitled to make and to break our own rules, and to make our own luck.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. --This text refers to an out of print or unavailable edition of this title.

From Booklist

*Starred Review* With all the poker how-to books available now, why another one? Well, this one is more about the story than about the cards. Moneymaker (yes, that's his name, and he's teased about it every day) was just a guy who played cards. When he earned a seat to play in the World Series of Poker by putting up only $40 through an online casino, he figured he'd be relegated to the "coulda" camp by the middle of day one. Instead, he went on to win that illustrious series, picking up a cool $2.5 million. Overcoming first-day jitters, sitting with his heroes, learning from the pros--Moneymaker describes it all with glee and, even now, with a sense of unbelief, the feeling that he can't believe it really happened. That's the beauty of this story: Moneymaker is an Everyman for the gambling ages--if he could do it, why not me? It's no wonder Internet gaming is at an all-time high, with true-life rags-to-riches stories like this one to inspire us. With the help of coauthor Paisner, Moneymaker details the key hands of the tourney and his feelings as each day's play concludes and the next one begins. The account ends with a brief bio of the author's life since his victory. Some standard back matter, including a what-beats-what list and a glossary, round out this thoroughly entertaining book. A must for any gambling collection. Mary Frances Wilkens
Copyright © American Library Association. All rights reserved --This text refers to an out of print or unavailable edition of this title.

Product Details

  • Paperback: 256 pages
  • Publisher: William Morrow Paperbacks (March 28, 2006)
  • Language: English
  • ISBN-10: 0060746750
  • ISBN-13: 978-0060746759
  • Product Dimensions: 8 x 5.3 x 0.6 inches
  • Shipping Weight: 6.4 ounces (View shipping rates and policies)
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (18 customer reviews)
  • Amazon Best Sellers Rank: #1,858,988 in Books (See Top 100 in Books)

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Customer Reviews

18 Reviews
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40 of 40 people found the following review helpful:
4.0 out of 5 stars A great read for poker fans, but a cautionary tale as well, April 19, 2005
There are a couple things to keep in mind right from the start in thinking about the phenomenon of Chris Moneymaker, amateur Internet player, who wins the World Championship of Poker in 2003. One, he really is an amateur, or at least was when he won the coveted bracelet; and two, there's a good bit of luck involved in winning any poker tournament. No player ever won one without being lucky a time or two, and usually more often than that. Moneymaker, as this book reveals, was a bit luckier than most.

Here's another thing to keep in mind. It would seem that a poker player who cut his eyeteeth on the Internet game would be at some kind of serious disadvantage to players used to playing live. I say this because on the Internet the only tells you can pick up (or give away) relate to how long it takes to bet, and, to be honest, these tells aren't very reliable since God only knows what the other player may be doing besides playing poker. Many players play more than one table at a time, and that can account for the gaps in response when it's their turn to act. So Chris Moneymaker, a kind of not too sophisticated young guy, an accountant from Tennessee with credit card debt and a wife and kid to support, would not seem the sort of guy who would suddenly discover an incredible ability to read players or to be unreadable himself.

But what Moneymaker proves, as he narrates this unlikely tale (filtered through skillful wordsmithing by professional writer Daniel Paisner), is that for one tournament, you may not need all the skills. Stamina in the five-day tournament, averaging over ten hours of play per day, can be an important factor, especially against the older players. And Moneymaker had stamina. But he really wasn't very good at reading the other players. Again and again he relates how he put the other guy on the wrong hand. But it usually didn't matter because (1) he either had the best hand going or (2) drew out.

What Moneymaker did prove beyond a shadow of a doubt was his ability to run a stone cold bluff through some very strong players with better hands. That's his gift, and to be honest it's a double-edge one in the poker world. Normally it is better to be thought of as conservative and close to the vest in your play. That way when you do go out on a limb, you're not as likely to be called. On the other hand, if you are known as a bluffer, you are going to get called down a lot.

Yet, being known as somebody who will splash chips with nothing, as Moneymaker demonstrated--if handled right--is good because then all you have to do is wait for your good hands and shove your chips into the pot. You will get played with. But it takes a real professional, a strongly balanced player to be just wild enough, to be just aggressive enough so that you manage to get called when you have the goods, and to make them fold when you don't. Some players refer to this as "changing gears." They have, through their previous play, established a "table image," and now is the time to take advantage of it. If you've been betting the ranch on a wing and prayer, now is the time to wait for pocket rockets. If you've been tossing everything but Big Slick and up into the muck, now is the time to take a flyer on unsuited connectors.

But Moneymaker apparently was not able to adjust to his new image and new life as a poker celebrity, as the reigning World Champion--and, as this story makes clear, he spent entirely too much time partying and basking in the glory, and not enough to taking care of business at home and on the felt tables.

In other words this is a cautionary tale as well as a great poker read. The little guy fells the giants, but falls victim to the corruption of the spoils himself. I feel somewhat sorry for Chris Moneymaker because in reading this book I know he still hasn't a clue--well, he has a clue, but he just hasn't developed the character yet to come to grips with the truth and deal with his sudden, largely fortuitous success. This book concentrates on the poker playing and only hints at what success has done to Moneymaker's personal life, the drinking, the living on the road, the career change, the failure of his marriage...

He's like the guy who won the lottery, not like the guy who reached the pinnacle of his profession after years of hard work. And it shows.

They say if the gods really want to destroy a man, they will give him his fondest wish. I think this is what happened to the man from Tennessee. Only time will tell if he can come back from the personal debacle and get his life together. I wish him well. His story did a lot for poker, and this is a good book in that he was honest enough to show himself as he really is. Now he needs to take a good, long study of the guy in the mirror.
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7 of 8 people found the following review helpful:
4.0 out of 5 stars Aces high for Moneymaker's book!, July 2, 2005
I am not a poker player..don't know how to play the game, but I was fascinated by Chris Moneymaker's book, "Moneymaker: How an Amateur Poker Player Turned $40 into $2.5 Million at the World Series of Poker".

Though many people reading the book will know exactly how its played, I wasn't sure what Chris meant when he talked about the blind, the flop, the river etc. Chris has an explanation of the game and cards at the back of the book. Sadly I didn't realize this till I had finished the book. So take a peek at the back if you don't know how to play.

Chris, started gambling as a child. As he grows older he works hard to make a few dollars but then will rashly toss $500 or even a thousand into a bet for a sports game.

Eventually Chris begins to play the game of poker and enters a $40 Pokerstars internet competition. The game goes very well...so well that Chris eventually scores first prize: a $10,000 seat at Binion"s Championship Poker.

Chris recounts his thoughts and feelings as he faces opponents, and walks away with the grand prize of 2.5 million dollars...a nice chunk of change!

Though Chris tends to whine and make excuses for when he loses, (I was drunk...I was tired...) he writes a very interesting book. You feel like you are at the poker table with him and you get a backstage feel for the championship.

Super read and I am sure a heck of a lot more people are entering the Pokerstars $40 tournaments these days!

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4 of 4 people found the following review helpful:
3.0 out of 5 stars an honest read, March 18, 2005
Moneymaker doesn't try to come across as a brain, which is the big strength of this book. The narrative is interesting and fun (a lot like BIGGEST GAME or BIG YEAR), and he talks about key hands. There's not much strategy, but for pure "you're sitting at the table" voyeurism, this book delivers.
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I don't usually eat a big breakfast. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
poker guy, high pocket pair, very next hand, pocket aces, chip position, chip leaders, flush draw, opening bet, big blind, pocket queens, community cards, tournament organizers, online poker, chip count, player seated, prize pool, pocket sevens, final table, satellite tables, straight draw, poker room, high pair, small blind, couple hands, players remaining
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World Series, Poker Stars, Johnny Chan, Howard Lederer, Dan Harrington, Sam Farha, Amir Vahedi, Scotty Nguyen, Paradise Poker, Lou Diamond, Phil Ivey, Humberto Brenes, Krazy Kanuck, Dutch Boyd, Jason Lester, Paul Darden, Jim Worth, Mimi Tran, Phil Hellmuth, Bruce Peery, Bruno Fitoussi, Kassam Ibrahim, Player Chip Count, Tomer Benvenitsi, Chuc Hoang
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