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Originally Published: November 16, 2009, 08:02 AM

The Moneymaker Effect

Posted By Diego | Poker-News News | November 16, 2009, 08:02 AM |

If you owned a computer before 2003, you were a pretty much a coin flip on whether or not you’d venture into the realm of online gambling to press your luck. Sure, it was popular at the time – but it wasn’t anything to write home about. After 2003, however, there was a suddenly strong magnetic field, luring you in to various casinos and poker rooms across Web Land. Why the sudden switch? Well, if you were an actual inhabitant of planet Earth that year, then you know this is when Chris Moneymaker, an online poker player, shocked the free world—and even some of the oppressed—by winning the Main Event in the World Series of Poker.

Moneymaker’s win is old hat at this point. But the effects are still evident in poker rooms all over the Internet. His win gave birth to an entire culture of amateur poker players. By the time Jerry Yang won the event in 2007, it was pretty much accepted that poker amateurs lived by the Jim Morrison standard: They got the guns, but we got the numbers.

Amateurs habitually outnumber professionals at any given large-scale poker tournament, 10/1. And in the WSOP, they’re pushing well over 20/1 – and that number is actually more like 50/1, as all you need to be a professional poker player is the will enough to proclaim it as your title. However, this influx of amateur players only contains the ones with the means and-or the will to travel. Online amateur players are outnumbering professional players by thousands/1.
Last week, another online amateur—for all intents and purposes—poker player bested an extremely large field at the WSOP and became the youngest Main Event champion in the tournament’s history. Joe Cada, barely 21 years old, took home a whopping $8.5 million and the bracelet. And not only does this win mean that 2010’s WSOP will once again be riddled with online amateurs, but the online poker world will receive another influx of young players, all looking to practice their craft and strike it rich with the hardest way possible to make an easy living.
At least for another year, Internet poker games will be teaming with fresh blood, fresh faces and, most importantly for the players and establishments alike, fresh money. The effect caused way back when by Moneymaker’s impressive win over a field of the game’s best professionals only continues to intensify today. The only difference that will be evident is all the players once using Chris as their archetype will now adopt Joe Cada as their new spokesperson.
The results, however, will be the same: another rush of newbie players into an already packed field. For online poker players out there, there’s no better time to take advantage of the game than fresh off of an amateur win at the WSOP.

Embed

If you owned a computer before 2003, 
you were a pretty much a coin flip on whether or not you’d venture into the 
realm of <a href="http://www.casinotoplists.com/" target="_blank">
online gambling</a> 
to press your luck. Sure, it was popular at the time – but it wasn’t anything to 
write home about. After 2003, however, there was a suddenly strong magnetic 
field, luring you in to various casinos and poker rooms across Web Land. Why the 
sudden switch? Well, if you were an actual inhabitant of planet Earth that year, 
then you know this is when Chris Moneymaker, an online poker player, shocked the 
free world—and even some of the oppressed—by winning the Main Event in the World 
Series of Poker.   
 
Moneymaker’s win is old hat at this point. 
But the effects are still evident in poker rooms all over the Internet. His win 
gave birth to an entire culture of amateur poker players. By the time Jerry Yang 
won the event in 2007, it was pretty much accepted that poker amateurs lived by 
the Jim Morrison standard: They got the guns, but we got the numbers.   
 
Amateurs habitually outnumber 
professionals at any given large-scale poker tournament, 10/1. And in the WSOP, 
they’re pushing well over 20/1 – and that number is actually more like 50/1, as 
all you need to be a professional poker player is the will enough to proclaim it 
as your title. However, this influx of amateur players only contains the ones 
with the means and-or the will to travel. Online amateur players are 
outnumbering professional players by thousands/1.   
Last week, another online amateur—for all 
intents and purposes—poker player bested an extremely large field at the WSOP 
and became the youngest Main Event champion in the tournament’s history. Joe 
Cada, barely 21 years old, took home a whopping $8.5 million and the bracelet. 
And not only does this win mean that 2010’s WSOP will once again be riddled with 
online amateurs, but the 
<a href="http://www.pokerscafe.net/Poker-News/Living-and-Earning-the-Poker-Way" target="_blank">
online poker</a> 
world will receive another influx of young players, all looking to practice 
their craft and strike it rich with the hardest way possible to make an easy 
living.   
At least for another year, Internet poker 
games will be teaming with fresh blood, fresh faces and, most importantly for 
the players and establishments alike, fresh money. The effect caused way back 
when by Moneymaker’s impressive win over a field of the game’s best 
professionals only continues to intensify today. The only difference that will 
be evident is all the players once using Chris as their archetype will now adopt 
Joe Cada as their new spokesperson.   
The results, however, will be the same: 
another rush of newbie players into an already packed field. For online poker 
players out there, there’s no better time to take advantage of the game than 
fresh off of an amateur win at the WSOP.  
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