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These are the user uploaded subtitles that are being translated: 1 00:00:08,599 --> 00:00:12,259 three four minutes 2 00:00:15,269 --> 00:00:23,609 [Music] 3 00:00:27,140 --> 00:00:31,618 I was actually in the process of moving 4 00:00:29,640 --> 00:00:33,179 houses me and my wife had sold our house 5 00:00:31,618 --> 00:00:35,340 and we're just been moving all day 6 00:00:33,179 --> 00:00:36,659 that's all we've been doing and uh you 7 00:00:35,340 --> 00:00:37,980 know sometime in the afternoon that day 8 00:00:36,659 --> 00:00:39,779 I get a phone call 9 00:00:37,979 --> 00:00:42,019 and they're like uh do you know what 10 00:00:39,780 --> 00:00:42,020 happened 11 00:00:43,378 --> 00:00:48,599 I specifically remember I was in of all 12 00:00:46,378 --> 00:00:51,718 places Gary Indiana I was playing in a 13 00:00:48,600 --> 00:00:53,820 tournament and we jumped online and all 14 00:00:51,719 --> 00:00:55,920 of a sudden there was a lot of Buzz and 15 00:00:53,820 --> 00:00:56,719 a lot of discussion about what was going 16 00:00:55,920 --> 00:01:00,840 on 17 00:00:56,719 --> 00:01:04,799 [Music] 18 00:01:00,840 --> 00:01:07,439 I was on my way traveling to 19 00:01:04,799 --> 00:01:11,700 Florida I was in my car driving going to 20 00:01:07,438 --> 00:01:15,298 the cinema well I was on a USO tour 21 00:01:11,700 --> 00:01:17,100 uh we went to Kuwait is it this is this 22 00:01:15,299 --> 00:01:19,500 is like the the Kennedy assassination 23 00:01:17,099 --> 00:01:20,500 every every poker player knows knows 24 00:01:19,500 --> 00:01:23,578 where he was 25 00:01:20,500 --> 00:01:23,578 [Music] 26 00:01:24,140 --> 00:01:30,118 the first reaction I had to this was one 27 00:01:27,840 --> 00:01:32,939 of panic in Europe maybe it took a day 28 00:01:30,118 --> 00:01:34,560 or two to sink in I was in bed and it 29 00:01:32,938 --> 00:01:36,000 was early and I got a call on my home 30 00:01:34,560 --> 00:01:37,920 line and I knew that I had to mean 31 00:01:36,000 --> 00:01:40,200 something it was my agent Brian who 32 00:01:37,920 --> 00:01:42,478 called and I I got a couple texts from 33 00:01:40,200 --> 00:01:44,640 Tom Dewan and stuff so I knew something 34 00:01:42,478 --> 00:01:46,200 was up um it was like 10 30 11 o'clock 35 00:01:44,640 --> 00:01:48,478 and no one everyone knows not to call 36 00:01:46,200 --> 00:01:51,600 before noon there's no question that 37 00:01:48,478 --> 00:01:55,259 what happened resulted in a tectonic 38 00:01:51,599 --> 00:01:58,140 shift in the poker landscape and 39 00:01:55,259 --> 00:02:01,560 unfortunately that has had pretty severe 40 00:01:58,140 --> 00:02:04,140 economic consequences for a lot of the 41 00:02:01,560 --> 00:02:06,960 industry and a lot of the community 42 00:02:04,140 --> 00:02:09,300 you know these guys making three four 43 00:02:06,959 --> 00:02:10,799 hundred thousand a month or more it's a 44 00:02:09,300 --> 00:02:12,420 lot of money you know you kind of like 45 00:02:10,800 --> 00:02:13,860 lose respect for money I guess when you 46 00:02:12,419 --> 00:02:15,539 make that much money that easy every 47 00:02:13,860 --> 00:02:18,300 month and you know what you think it's 48 00:02:15,539 --> 00:02:21,060 not gonna end but guess what it did end 49 00:02:18,300 --> 00:02:23,280 it did it did it's over and I think 50 00:02:21,060 --> 00:02:24,780 everybody kind of went like why why are 51 00:02:23,280 --> 00:02:26,759 you cracking down on 52 00:02:24,780 --> 00:02:28,318 on poker I mean this is you know this is 53 00:02:26,759 --> 00:02:30,659 like this might as well crack down on 54 00:02:28,318 --> 00:02:32,939 baseball the founders of the three 55 00:02:30,659 --> 00:02:35,159 largest online poker sites were indicted 56 00:02:32,939 --> 00:02:37,318 by the FBI on Friday and what could 57 00:02:35,159 --> 00:02:38,169 serve as a death blow to the thriving 58 00:02:37,318 --> 00:02:39,958 industry 59 00:02:38,169 --> 00:02:41,549 [Music] 60 00:02:39,959 --> 00:02:52,860 laughs 61 00:02:41,550 --> 00:02:52,860 [Music] 62 00:03:04,019 --> 00:03:08,039 what do you admitted or not 63 00:03:06,060 --> 00:03:09,598 you all dream in that moment when you 64 00:03:08,039 --> 00:03:13,158 can change everything 65 00:03:09,598 --> 00:03:13,158 when you can reinvent yourself 66 00:03:15,360 --> 00:03:19,640 rarely does that opportunity 67 00:03:17,039 --> 00:03:19,639 to present itself 68 00:03:22,459 --> 00:03:28,340 and what it does how many of you would 69 00:03:25,080 --> 00:03:28,340 recognize it when it comes 70 00:03:28,800 --> 00:03:33,000 and even if you have the Gods Not to 71 00:03:31,199 --> 00:03:33,958 just cash in while you were ahead of the 72 00:03:33,000 --> 00:03:36,780 game 73 00:03:33,959 --> 00:03:38,060 but the gamble to really go for it go 74 00:03:36,780 --> 00:03:41,180 for all 75 00:03:38,060 --> 00:03:41,180 I'm sure 76 00:03:42,658 --> 00:03:47,000 I'm sort of Dreams you never met anyone 77 00:03:47,400 --> 00:03:51,539 the dreams you think of before you're 78 00:03:49,080 --> 00:03:53,819 pushing all your chips the dreams you 79 00:03:51,539 --> 00:03:56,539 wish for with your eyes closed right 80 00:03:53,818 --> 00:03:59,579 before you blow out the candles 81 00:03:56,539 --> 00:04:02,639 I mean let me ask you this when those 82 00:03:59,580 --> 00:04:05,519 guys back in Lexington and Concord 83 00:04:02,639 --> 00:04:08,279 we're upset about paying taxes if I had 84 00:04:05,519 --> 00:04:10,500 this shot heard around the world 85 00:04:08,280 --> 00:04:13,610 did they know what they were starting 86 00:04:10,500 --> 00:04:21,079 or they just looking for some action 87 00:04:13,610 --> 00:04:24,840 [Music] 88 00:04:21,079 --> 00:04:28,139 is a way to understand what makes 89 00:04:24,839 --> 00:04:31,138 America tick I just think poker players 90 00:04:28,139 --> 00:04:33,300 are the last last American Cowboys poker 91 00:04:31,139 --> 00:04:35,040 is the games as like jazz is the music 92 00:04:33,300 --> 00:04:37,439 right I mean it's our game and the 93 00:04:35,040 --> 00:04:39,540 world's taking to us this could be the 94 00:04:37,439 --> 00:04:41,100 start of something big look there is 95 00:04:39,540 --> 00:04:42,720 something cool about being good at poker 96 00:04:41,100 --> 00:04:44,520 I wish I were a really great at poker 97 00:04:42,720 --> 00:04:47,699 there's something that is absolutely 98 00:04:44,519 --> 00:04:50,159 linked to the American psyche in our DNA 99 00:04:47,699 --> 00:04:51,660 from the start is this adventurous group 100 00:04:50,160 --> 00:04:53,170 of people who are willing to take a 101 00:04:51,660 --> 00:04:56,588 chance 102 00:04:53,170 --> 00:04:56,588 [Music] 103 00:04:56,899 --> 00:05:03,179 poker is the epitome of of capitalism 104 00:05:00,959 --> 00:05:04,139 anyone can play all you have to do is 105 00:05:03,180 --> 00:05:07,420 have the money to buy in 106 00:05:04,139 --> 00:05:07,419 [Applause] 107 00:05:07,699 --> 00:05:12,319 that this could be the startups 108 00:05:14,839 --> 00:05:20,758 for the most amazing thing is that it 109 00:05:17,759 --> 00:05:23,160 has become as popular as it has no one 110 00:05:20,759 --> 00:05:24,900 could Envision the boom this thing's had 111 00:05:23,160 --> 00:05:27,259 both good right now is bigger than the 112 00:05:24,899 --> 00:05:27,258 Super Bowl 113 00:05:29,478 --> 00:05:33,959 it's definitely part of our national 114 00:05:31,560 --> 00:05:36,959 story that each one of us is out to like 115 00:05:33,959 --> 00:05:39,000 make his Destiny it's a game of bluffing 116 00:05:36,959 --> 00:05:40,439 like the entire American character at 117 00:05:39,000 --> 00:05:42,000 the heart of it is all built around I'm 118 00:05:40,439 --> 00:05:43,680 gonna Bluff that this is who I am and 119 00:05:42,000 --> 00:05:45,120 then that's who I'm gonna be what's 120 00:05:43,680 --> 00:05:46,620 amazing to me is there's people that 121 00:05:45,120 --> 00:05:48,240 want to shut down poker inside the 122 00:05:46,620 --> 00:05:50,759 United States whether it's in casinos 123 00:05:48,240 --> 00:05:53,460 whether it's online and 124 00:05:50,759 --> 00:05:57,960 that that that's that's crazy 125 00:05:53,459 --> 00:05:59,269 it's love life religion politics all 126 00:05:57,959 --> 00:06:07,568 wrapped up into one game 127 00:05:59,269 --> 00:06:07,568 [Music] 128 00:06:09,569 --> 00:06:14,538 [Music] 129 00:06:10,939 --> 00:06:14,538 Shuffle Up and Deal 130 00:06:15,290 --> 00:06:18,470 [Applause] 131 00:06:18,839 --> 00:06:36,319 [Music] 132 00:06:38,360 --> 00:06:43,560 thank you 133 00:06:40,740 --> 00:06:46,620 no one really really knows when and 134 00:06:43,560 --> 00:06:48,538 where this game was created 135 00:06:46,620 --> 00:06:51,840 I I think that's a fascinating thing 136 00:06:48,538 --> 00:06:54,180 about how is a game developed I mean who 137 00:06:51,839 --> 00:06:56,219 thought of this game who who uh thought 138 00:06:54,180 --> 00:06:59,100 of it who explained it the first time to 139 00:06:56,220 --> 00:07:00,120 say to his 8 or 10 or 12 15 buddies and 140 00:06:59,100 --> 00:07:02,340 said here's what we're going to play and 141 00:07:00,120 --> 00:07:04,439 here's how you play the game it's almost 142 00:07:02,339 --> 00:07:07,579 like genesis in a sense I mean about you 143 00:07:04,439 --> 00:07:07,579 know when it all began 144 00:07:07,800 --> 00:07:13,079 American country where people like to 145 00:07:09,720 --> 00:07:15,660 take risks like to live life on the edge 146 00:07:13,079 --> 00:07:17,939 that that is what poker is about I mean 147 00:07:15,660 --> 00:07:20,460 poker's always been a part of of 148 00:07:17,939 --> 00:07:23,459 American culture you know 149 00:07:20,459 --> 00:07:26,818 you got to keep in mind there was so 150 00:07:23,459 --> 00:07:29,399 little gambling that was legal in this 151 00:07:26,819 --> 00:07:31,860 country when so many of us were growing 152 00:07:29,399 --> 00:07:34,439 up and cards was one thing that you 153 00:07:31,860 --> 00:07:35,939 could do that involved gambling I have 154 00:07:34,439 --> 00:07:38,639 been playing poker for two and a half 155 00:07:35,939 --> 00:07:41,098 years my whole family are games players 156 00:07:38,639 --> 00:07:43,740 my parents had a card night every Friday 157 00:07:41,098 --> 00:07:46,139 night I would say maybe every second or 158 00:07:43,740 --> 00:07:49,500 third Sunday the men would be in the 159 00:07:46,139 --> 00:07:51,418 basement playing poker we played poker 160 00:07:49,500 --> 00:07:53,819 when I was growing up we had a family 161 00:07:51,418 --> 00:07:55,680 game and as a little kid you know I'd 162 00:07:53,819 --> 00:07:57,960 come and they'd say come on over here 163 00:07:55,680 --> 00:07:59,879 with my head for good luck I always 164 00:07:57,959 --> 00:08:01,978 wanted to play poker because that's what 165 00:07:59,879 --> 00:08:03,478 Tom Sawyer played you know in the books 166 00:08:01,978 --> 00:08:06,060 all the boys books they always played 167 00:08:03,478 --> 00:08:09,000 poker my father played with the friends 168 00:08:06,060 --> 00:08:10,740 in the house my dad had this crappy set 169 00:08:09,000 --> 00:08:12,360 of plastic tips the great thing about 170 00:08:10,740 --> 00:08:14,038 pokers if you've got a bunch of friends 171 00:08:12,360 --> 00:08:16,439 and you play there's wonderful 172 00:08:14,038 --> 00:08:19,800 camaraderie that happens we played low 173 00:08:16,439 --> 00:08:21,779 ball we played five cards to seven card 174 00:08:19,800 --> 00:08:23,759 stud one guy brings the beer one guy 175 00:08:21,779 --> 00:08:28,818 brings the you know the 176 00:08:23,759 --> 00:08:28,819 the dip and and no one gets hurt too bad 177 00:08:31,019 --> 00:08:36,299 men with best jobs and completely 178 00:08:34,080 --> 00:08:39,360 legitimate careers they find it exciting 179 00:08:36,299 --> 00:08:42,598 for a few hours a week or night to 180 00:08:39,360 --> 00:08:44,219 behave like bad boys yeah right now 181 00:08:42,599 --> 00:08:47,879 we're you know at the University of 182 00:08:44,219 --> 00:08:49,320 Wisconsin Memorial Union uh known to the 183 00:08:47,879 --> 00:08:50,458 students as a student union you think 184 00:08:49,320 --> 00:08:53,160 any any chance you could take a picture 185 00:08:50,458 --> 00:08:54,778 no problem let's do it my poker career 186 00:08:53,159 --> 00:08:56,100 started here so I remember this building 187 00:08:54,778 --> 00:08:58,259 well 188 00:08:56,100 --> 00:09:00,540 um it was right over here that I played 189 00:08:58,259 --> 00:09:03,778 my first poker game 190 00:09:00,539 --> 00:09:06,299 five dollar buy-in ironically you could 191 00:09:03,778 --> 00:09:08,458 smoke pot openly in the union no one 192 00:09:06,299 --> 00:09:11,458 would stop you but if you played poker 193 00:09:08,458 --> 00:09:14,879 they'd roused you so apparently back 194 00:09:11,458 --> 00:09:17,299 then in 1985 poker was worse than doing 195 00:09:14,879 --> 00:09:17,299 drugs 196 00:09:21,899 --> 00:09:26,940 you're in Lakeland Tennessee which is 197 00:09:24,240 --> 00:09:28,440 just outside of Memphis we're about 30 198 00:09:26,940 --> 00:09:29,760 minutes outside of Memphis to the east 199 00:09:28,440 --> 00:09:31,800 side 200 00:09:29,759 --> 00:09:34,200 um pretty small town don't even know if 201 00:09:31,799 --> 00:09:36,379 we have a Town Square or anything or 202 00:09:34,200 --> 00:09:36,379 downtown 203 00:09:37,339 --> 00:09:41,820 looks like everybody's ready to play 204 00:09:40,080 --> 00:09:44,040 what's up guys 205 00:09:41,820 --> 00:09:46,800 the story of Chris Moneymaker is pretty 206 00:09:44,039 --> 00:09:48,480 interesting he is an accountant and or 207 00:09:46,799 --> 00:09:51,559 at least he was an accountant and he was 208 00:09:48,480 --> 00:09:55,139 viewed as sort of every man 209 00:09:51,559 --> 00:09:57,299 uh everyday guy accountant who looks 210 00:09:55,139 --> 00:09:59,699 just like you and me grew up in 211 00:09:57,299 --> 00:10:01,019 Knoxville Tennessee and growing up I 212 00:09:59,700 --> 00:10:03,120 would hustle all the neighborhood kids 213 00:10:01,019 --> 00:10:05,339 but with pool and then we started 214 00:10:03,120 --> 00:10:07,740 throwing dice as kids and so basically 215 00:10:05,339 --> 00:10:09,600 my whole life I was gambling in some 216 00:10:07,740 --> 00:10:11,220 shape form or fashion finally when I 217 00:10:09,600 --> 00:10:12,899 turned 18 I was able to go into cruise 218 00:10:11,220 --> 00:10:14,879 ship casinos and play Blackjack and 219 00:10:12,899 --> 00:10:18,419 started doing that and was addicted to 220 00:10:14,879 --> 00:10:21,360 that I taught him Blackjack we were on 221 00:10:18,419 --> 00:10:22,979 cruise ships and I taught him Blackjack 222 00:10:21,360 --> 00:10:25,560 not the coolest dad in the world I mean 223 00:10:22,980 --> 00:10:28,440 he actually took me when I was 17 and 224 00:10:25,559 --> 00:10:29,939 showed me his box that he had fifty 225 00:10:28,440 --> 00:10:33,300 thousand dollars in which at the time 226 00:10:29,940 --> 00:10:35,459 was more money than God and uh took me 227 00:10:33,299 --> 00:10:38,458 out and showed me that and I was in awe 228 00:10:35,458 --> 00:10:40,739 that was his Gambler box got to college 229 00:10:38,458 --> 00:10:41,879 sophomore year and figured out you could 230 00:10:40,740 --> 00:10:43,139 bet on sports 231 00:10:41,879 --> 00:10:44,820 worst thing in the world that ever 232 00:10:43,139 --> 00:10:46,679 happened to me 233 00:10:44,820 --> 00:10:48,060 so we started gambling throughout the 234 00:10:46,679 --> 00:10:51,000 rest of the year and we ended up making 235 00:10:48,059 --> 00:10:52,919 sixty thousand dollars uh between me and 236 00:10:51,000 --> 00:10:54,899 my dad and uh 237 00:10:52,919 --> 00:10:56,639 I bet these these four games are going 238 00:10:54,899 --> 00:10:58,078 to win I ended up getting 15 000 on all 239 00:10:56,639 --> 00:10:59,699 four games and lost every Every Which 240 00:10:58,078 --> 00:11:01,500 Way in fashion you could 241 00:10:59,700 --> 00:11:03,959 so I ended up losing all the money my 242 00:11:01,500 --> 00:11:06,000 dad had no idea that I lost it 243 00:11:03,958 --> 00:11:07,919 um I called him up uh went hung over 244 00:11:06,000 --> 00:11:11,039 Sunday and told them that our account 245 00:11:07,919 --> 00:11:12,659 was zero and he thought I was joking of 246 00:11:11,039 --> 00:11:15,740 course he was beside himself and didn't 247 00:11:12,659 --> 00:11:15,740 know what what even to say 248 00:11:16,620 --> 00:11:21,240 very miserable life I remember at one 249 00:11:19,139 --> 00:11:23,578 point I had 50 bucks to my name and me 250 00:11:21,240 --> 00:11:24,959 and my buddy were deep into it together 251 00:11:23,578 --> 00:11:26,578 we had 50 bucks we can go get something 252 00:11:24,958 --> 00:11:27,958 to eat or we can you know get on the 253 00:11:26,578 --> 00:11:32,359 Jets today 254 00:11:27,958 --> 00:11:32,359 we got on the Jets and they lost damn it 255 00:11:44,700 --> 00:11:48,180 foreign 256 00:11:45,958 --> 00:11:50,578 the process essentially starts with a 257 00:11:48,179 --> 00:11:55,620 single ply of paper that in on its own 258 00:11:50,578 --> 00:11:55,620 doesn't appear particularly hand-worthy 259 00:11:56,278 --> 00:12:00,240 this is what a deck this is what a sheet 260 00:11:57,899 --> 00:12:03,899 of playing cards looks like this is the 261 00:12:00,240 --> 00:12:06,720 size of defect that will scrap out a job 262 00:12:03,899 --> 00:12:08,399 if we have a defect that is that size 263 00:12:06,720 --> 00:12:09,839 then we have to throw away we have to 264 00:12:08,399 --> 00:12:12,190 shred that deck of cards because that's 265 00:12:09,839 --> 00:12:14,160 a marked deck 266 00:12:12,190 --> 00:12:16,380 [Music] 267 00:12:14,159 --> 00:12:18,778 I mean if you go back to the 14th 268 00:12:16,379 --> 00:12:20,338 century 15th century clearly it was the 269 00:12:18,778 --> 00:12:23,879 aristocracy that was playing with 270 00:12:20,339 --> 00:12:25,680 playing cards they were truly a novelty 271 00:12:23,879 --> 00:12:27,059 when printing technology got to the 272 00:12:25,679 --> 00:12:29,278 point where they could be mass-produced 273 00:12:27,059 --> 00:12:31,319 which is into the 1800s that's when you 274 00:12:29,278 --> 00:12:34,200 began to see people bring playing cards 275 00:12:31,320 --> 00:12:36,480 to the masses and that is the emergence 276 00:12:34,200 --> 00:12:37,879 of a game based on a French game called 277 00:12:36,480 --> 00:12:40,500 poku 278 00:12:37,879 --> 00:12:43,399 and it roughly gave rise to the game we 279 00:12:40,500 --> 00:12:43,399 know today as poker 280 00:12:44,399 --> 00:12:48,720 the United States really starts in New 281 00:12:46,078 --> 00:12:49,739 Orleans and that's the perfect place for 282 00:12:48,720 --> 00:12:51,240 us to start because it was a real 283 00:12:49,740 --> 00:12:54,000 Melting Pot 284 00:12:51,240 --> 00:12:56,399 gambling seemed to be something that was 285 00:12:54,000 --> 00:12:58,559 intrinsic to the the culture here and to 286 00:12:56,399 --> 00:13:00,778 the way of life poker was considered a 287 00:12:58,559 --> 00:13:02,939 form of gambling it seemed to have some 288 00:13:00,778 --> 00:13:07,159 sort of immorality about it connected to 289 00:13:02,940 --> 00:13:07,160 liquor and cigars and girls Etc 290 00:13:07,379 --> 00:13:13,320 the Planters when they got to New 291 00:13:10,379 --> 00:13:16,860 Orleans they took that sugar that cotton 292 00:13:13,320 --> 00:13:18,778 sold it they had their years income in 293 00:13:16,860 --> 00:13:21,180 their pockets when they went back up the 294 00:13:18,778 --> 00:13:23,458 plantation that's from the gamblers 295 00:13:21,179 --> 00:13:25,379 wanted to ride they wanted to ride with 296 00:13:23,458 --> 00:13:28,078 the people when they had the optimum 297 00:13:25,379 --> 00:13:30,059 chance for Revenue one of the first 298 00:13:28,078 --> 00:13:32,039 written references to Poker by a guy 299 00:13:30,059 --> 00:13:34,078 named Jonathan Green who was a reformed 300 00:13:32,039 --> 00:13:36,299 Riverboat Gambler calls it the cheating 301 00:13:34,078 --> 00:13:38,219 game of poker that was old crooked I 302 00:13:36,299 --> 00:13:40,559 mean all of the professional card 303 00:13:38,220 --> 00:13:42,959 players were cheats without exception 304 00:13:40,559 --> 00:13:45,359 this is being used even in today's 305 00:13:42,958 --> 00:13:47,399 Casino world and private games that hold 306 00:13:45,360 --> 00:13:49,259 out devices when I do my game protection 307 00:13:47,399 --> 00:13:51,299 classes I show fellows in the Southern 308 00:13:49,259 --> 00:13:52,819 California card rooms using a holdout 309 00:13:51,299 --> 00:13:55,979 device 310 00:13:52,820 --> 00:14:00,480 the central section of the Ohio river is 311 00:13:55,980 --> 00:14:01,860 sort of the incubator of Poker and the 312 00:14:00,480 --> 00:14:04,259 flourishing of gambling in America 313 00:14:01,860 --> 00:14:06,360 because of all the steamboats that went 314 00:14:04,259 --> 00:14:08,278 up and down this River the gold rushes 315 00:14:06,360 --> 00:14:10,200 where poker really heads West 316 00:14:08,278 --> 00:14:11,519 think back to the days of the Wild Wild 317 00:14:10,200 --> 00:14:13,200 West you know where everybody had a sick 318 00:14:11,519 --> 00:14:14,578 shooter on their hip and laid it on the 319 00:14:13,200 --> 00:14:16,620 table you know you think a Wild Bill 320 00:14:14,578 --> 00:14:18,958 Hickok getting shot in the back you know 321 00:14:16,620 --> 00:14:20,399 when he was playing poker by the turn of 322 00:14:18,958 --> 00:14:21,759 the century people were playing poker 323 00:14:20,399 --> 00:14:23,578 All Over America 324 00:14:21,759 --> 00:14:26,458 [Music] 325 00:14:23,578 --> 00:14:29,338 think about World War II five six 326 00:14:26,458 --> 00:14:32,518 million men and women serving overseas 327 00:14:29,339 --> 00:14:35,160 in battle now between fighting between 328 00:14:32,519 --> 00:14:36,659 hostilities what do these men do well 329 00:14:35,159 --> 00:14:38,338 they played poker to a large extent 330 00:14:36,659 --> 00:14:39,899 playing cards were distributed to the 331 00:14:38,339 --> 00:14:42,060 Troops by the millions these decks of 332 00:14:39,899 --> 00:14:44,278 cards were sent out all over the world 333 00:14:42,059 --> 00:14:46,500 throughout the War I think to a large 334 00:14:44,278 --> 00:14:47,939 extent World War II may have been the 335 00:14:46,500 --> 00:14:50,039 greatest single 336 00:14:47,940 --> 00:14:52,260 booster of the Game of Poker as far as 337 00:14:50,039 --> 00:14:55,078 his popularity than any other thing in 338 00:14:52,259 --> 00:14:57,360 history the fighting men of America 339 00:14:55,078 --> 00:14:59,338 because all of these six eight million 340 00:14:57,360 --> 00:15:01,139 men who served overseas came back to 341 00:14:59,339 --> 00:15:03,920 this country and started having Thursday 342 00:15:01,139 --> 00:15:05,639 night poker nights this made poker into 343 00:15:03,919 --> 00:15:07,799 America's pastime 344 00:15:05,639 --> 00:15:10,500 [Music] 345 00:15:07,799 --> 00:15:11,939 oh for the home games menus have been in 346 00:15:10,500 --> 00:15:14,100 the denim with their weekly Game of 347 00:15:11,940 --> 00:15:17,220 Poker anyone who saw The Odd Couple 348 00:15:14,100 --> 00:15:19,860 remember the last Friday night game of 349 00:15:17,220 --> 00:15:21,300 poker one quick hand before we go and 350 00:15:19,860 --> 00:15:22,620 it's not really exciting poker it's 351 00:15:21,299 --> 00:15:24,479 people playing for a couple of dollars 352 00:15:22,620 --> 00:15:26,639 but it's still really the backbone of 353 00:15:24,480 --> 00:15:28,259 the game for several years until you 354 00:15:26,639 --> 00:15:31,560 have the emergence of the Texas Road 355 00:15:28,259 --> 00:15:34,139 gamblers in the 1940s 1950s 356 00:15:31,559 --> 00:15:36,899 guys like Doyle Brunson Amarillo slim 357 00:15:34,139 --> 00:15:39,919 are really the sort of founding fathers 358 00:15:36,899 --> 00:15:39,919 of modern poker 359 00:15:40,198 --> 00:15:44,639 it was just like having a circuit we'd 360 00:15:43,078 --> 00:15:47,759 go from one town to the other and play 361 00:15:44,639 --> 00:15:50,100 poker our only Hazard was the hijackers 362 00:15:47,759 --> 00:15:53,159 we'd get hijacked about every other week 363 00:15:50,100 --> 00:15:55,019 they always said that winning the game 364 00:15:53,159 --> 00:15:58,078 was the easy part getting out of town 365 00:15:55,019 --> 00:16:00,419 with the money was the real problem 366 00:15:58,078 --> 00:16:03,299 when me and Dodd walked in the game 367 00:16:00,419 --> 00:16:06,179 would get real quiet and everybody that 368 00:16:03,299 --> 00:16:08,458 had a short stack began to think of 369 00:16:06,179 --> 00:16:09,659 it's about time to go water the horse or 370 00:16:08,458 --> 00:16:11,338 something they could think you ought to 371 00:16:09,659 --> 00:16:13,620 hear the excuses out here because they 372 00:16:11,339 --> 00:16:15,540 got to leave the name of the game is 373 00:16:13,620 --> 00:16:17,399 Holden something that sprung out of the 374 00:16:15,539 --> 00:16:19,759 South and Southwest 375 00:16:17,399 --> 00:16:22,740 in the 60s really these Road gamblers 376 00:16:19,759 --> 00:16:24,899 migrated to Vegas set up shop here and 377 00:16:22,740 --> 00:16:27,120 they knew that this is the top poker 378 00:16:24,899 --> 00:16:28,919 game in the world 379 00:16:27,120 --> 00:16:31,799 now it's headquarters for the greatest 380 00:16:28,919 --> 00:16:33,958 game in town the world series of pokers 381 00:16:31,799 --> 00:16:36,299 and since binions it's where it's at 382 00:16:33,958 --> 00:16:38,638 that's where slim is heading to hang his 383 00:16:36,299 --> 00:16:39,719 steps and Independence title can he do 384 00:16:38,639 --> 00:16:41,519 it again 385 00:16:39,720 --> 00:16:45,079 the odds are eight to one against him 386 00:16:41,519 --> 00:16:48,379 and I'm Jimmy the Greek 387 00:16:45,078 --> 00:16:48,379 to get married 388 00:16:48,419 --> 00:16:53,939 amaryllis slim beats six people in the 389 00:16:51,659 --> 00:16:55,559 1972 World Series of Poker and if you 390 00:16:53,940 --> 00:16:58,279 think about it that's not that grand of 391 00:16:55,559 --> 00:17:01,439 a feat but what he did from that 392 00:16:58,278 --> 00:17:03,720 relatively small victory appearing on 393 00:17:01,440 --> 00:17:06,000 The Tonight Show 11 or 12 times going 394 00:17:03,720 --> 00:17:08,160 around the country telling these Tales a 395 00:17:06,000 --> 00:17:10,199 larger in life almost iconic type figure 396 00:17:08,160 --> 00:17:12,120 with the cowboy hat and the cowboy boots 397 00:17:10,199 --> 00:17:16,579 he was the embodiment of what everybody 398 00:17:12,119 --> 00:17:20,399 thought a a poker player was 399 00:17:16,578 --> 00:17:22,798 there used to be that image 400 00:17:20,400 --> 00:17:24,540 the connotation well if you're a poker 401 00:17:22,798 --> 00:17:28,139 player you might be a little bit on a 402 00:17:24,539 --> 00:17:30,480 sleazy side uh kind of in the other side 403 00:17:28,140 --> 00:17:32,400 of the tracks you know I mean Poker was 404 00:17:30,480 --> 00:17:35,220 sort of grouped in with the vices you 405 00:17:32,400 --> 00:17:36,960 know it was like drug dealer stripper 406 00:17:35,220 --> 00:17:38,519 poker player 407 00:17:36,960 --> 00:17:40,740 probably go together really well I think 408 00:17:38,519 --> 00:17:42,839 in a sense it's a whole anti-hero thing 409 00:17:40,740 --> 00:17:44,940 you know because the poker player really 410 00:17:42,839 --> 00:17:47,519 is in a lot of ways an anti-hero 411 00:17:44,940 --> 00:17:49,679 Americans we don't have kings and queens 412 00:17:47,519 --> 00:17:52,319 that we look back to so we've had to 413 00:17:49,679 --> 00:17:54,900 invent our folk Heroes we like the 414 00:17:52,319 --> 00:17:58,139 people that are self-invented we like 415 00:17:54,900 --> 00:17:59,340 the bullshitter the con artist The 416 00:17:58,140 --> 00:18:02,460 Gambler 417 00:17:59,339 --> 00:18:04,019 no one gives up no one with women and 418 00:18:02,460 --> 00:18:05,058 children give up I'm neither one of 419 00:18:04,019 --> 00:18:07,619 those 420 00:18:05,058 --> 00:18:09,538 Amarillo slim was was really the first 421 00:18:07,619 --> 00:18:11,819 poker celebrity 422 00:18:09,538 --> 00:18:14,460 well I think that admiralest Slim in a 423 00:18:11,819 --> 00:18:16,619 sense was was very much like Babe Ruth I 424 00:18:14,460 --> 00:18:18,660 mean he was the first 425 00:18:16,619 --> 00:18:21,959 he's a controversial figure a person 426 00:18:18,660 --> 00:18:24,660 that probably I think is to to a large 427 00:18:21,960 --> 00:18:27,600 extent sadly forgotten by the modern era 428 00:18:24,660 --> 00:18:30,480 but what he did for poker in 1972 in the 429 00:18:27,599 --> 00:18:32,759 years after that really took this game 430 00:18:30,480 --> 00:18:34,319 out of the back room to something that's 431 00:18:32,759 --> 00:18:37,319 much bigger 432 00:18:34,319 --> 00:18:38,579 well it's not too unusual or you know 433 00:18:37,319 --> 00:18:40,558 occasionally the landslaught of the 434 00:18:38,579 --> 00:18:43,500 butcher 435 00:18:40,558 --> 00:18:46,859 this was a game that was very much Old 436 00:18:43,500 --> 00:18:49,619 West Old Las Vegas the Old South and all 437 00:18:46,859 --> 00:18:52,500 of a sudden In 1980 this Brash New York 438 00:18:49,619 --> 00:18:55,979 kid that's 26 years old crashes into Las 439 00:18:52,500 --> 00:18:59,099 Vegas with a full force of a firestorm I 440 00:18:55,980 --> 00:19:01,860 absolutely electrified uh card rooms 441 00:18:59,099 --> 00:19:04,259 when he came in in 1980 a kid by the 442 00:19:01,859 --> 00:19:07,019 name of Stu Unger won the World Series 443 00:19:04,259 --> 00:19:08,220 of Poker he won it again in 81. that was 444 00:19:07,019 --> 00:19:10,500 back to back and it was the only times 445 00:19:08,220 --> 00:19:12,839 we ever played the game he was a genius 446 00:19:10,500 --> 00:19:15,298 they said he had animal-like instincts 447 00:19:12,839 --> 00:19:17,519 and he was great for the game he's after 448 00:19:15,298 --> 00:19:21,839 the kill now he was sort of like the 449 00:19:17,519 --> 00:19:24,418 Keith Richards of Poker he was small and 450 00:19:21,839 --> 00:19:27,959 but but sort of just wired with energy 451 00:19:24,419 --> 00:19:30,780 and sort of boyishly appealing and he 452 00:19:27,960 --> 00:19:33,660 just had a Mystique to him and and he 453 00:19:30,779 --> 00:19:36,240 pretty much destroyed himself he started 454 00:19:33,660 --> 00:19:39,298 doing cocaine he started blowing all his 455 00:19:36,240 --> 00:19:41,579 money and he went off the face of the 456 00:19:39,298 --> 00:19:44,279 poker world for a while 457 00:19:41,579 --> 00:19:47,339 people lost interest after that 458 00:19:44,279 --> 00:19:48,779 in the 1980s for the game of poker sort 459 00:19:47,339 --> 00:19:51,859 of a rough time 460 00:19:48,779 --> 00:19:54,178 let's do some 461 00:19:51,859 --> 00:19:57,178 [Music] 462 00:19:54,179 --> 00:19:59,820 what do you mean 463 00:19:57,179 --> 00:20:02,100 we've been playing poker for two years 464 00:19:59,819 --> 00:20:05,399 in the 80s the poker player was depicted 465 00:20:02,099 --> 00:20:07,079 as uh uh the loser kid who couldn't get 466 00:20:05,400 --> 00:20:10,140 a date who's playing with his buddies 467 00:20:07,079 --> 00:20:12,599 borderline Dungeons and Dragons type 468 00:20:10,140 --> 00:20:15,179 type guy I think that that was an 469 00:20:12,599 --> 00:20:17,339 aversion to it because it was 470 00:20:15,179 --> 00:20:19,019 an older person's game I mean that's 471 00:20:17,339 --> 00:20:24,828 played by the old geezers 472 00:20:19,019 --> 00:20:24,828 [Music] 473 00:20:25,200 --> 00:20:29,460 EMG 474 00:20:26,579 --> 00:20:32,519 Anchor Room about I think it was about a 475 00:20:29,460 --> 00:20:35,100 week before Christmas this was uh 15 476 00:20:32,519 --> 00:20:37,798 years ago or so 477 00:20:35,099 --> 00:20:39,719 and they walked in one night and they 478 00:20:37,798 --> 00:20:42,298 announced at midnight this room is 479 00:20:39,720 --> 00:20:44,640 closing thank you all very much for 480 00:20:42,298 --> 00:20:46,200 coming I mean the Stardust didn't have a 481 00:20:44,640 --> 00:20:48,419 poker room there were no there was no 482 00:20:46,200 --> 00:20:49,440 Poker Room at uh at Caesar's Palace for 483 00:20:48,419 --> 00:20:52,020 many years 484 00:20:49,440 --> 00:20:54,120 poker was not even offered in bing and 485 00:20:52,019 --> 00:20:55,440 Horseshoe which held the World Series of 486 00:20:54,119 --> 00:20:57,659 Poker every year they didn't even have a 487 00:20:55,440 --> 00:20:59,580 poker room most of the year I mean for 488 00:20:57,660 --> 00:21:01,080 15 years there was no Poker Room in 489 00:20:59,579 --> 00:21:03,240 Binion horseshoe can you imagine that 490 00:21:01,079 --> 00:21:05,639 all the poker rooms across the country 491 00:21:03,240 --> 00:21:07,798 were shutting the rooms down making 492 00:21:05,640 --> 00:21:09,840 their rooms smaller etc etc 493 00:21:07,798 --> 00:21:11,220 it just wasn't in the Consciousness you 494 00:21:09,839 --> 00:21:14,519 could even be a professional poker 495 00:21:11,220 --> 00:21:17,240 player you know 496 00:21:14,519 --> 00:21:20,038 and I remember when I met my wife 497 00:21:17,240 --> 00:21:23,038 and I asked her out on the date 498 00:21:20,038 --> 00:21:24,359 and she said yes and then you know she 499 00:21:23,038 --> 00:21:26,279 found out I was a professional poker 500 00:21:24,359 --> 00:21:29,038 player she was going to try to cancel 501 00:21:26,279 --> 00:21:30,658 the date she's like oh great if you told 502 00:21:29,038 --> 00:21:33,298 someone you know I'm a professional 503 00:21:30,659 --> 00:21:35,580 poker player back in the late 90s 504 00:21:33,298 --> 00:21:36,900 they'd kind of you know maybe feel sorry 505 00:21:35,579 --> 00:21:38,819 for you and think you're broke all the 506 00:21:36,900 --> 00:21:40,440 time or something like that 507 00:21:38,819 --> 00:21:42,538 it was like it was a time for 508 00:21:40,440 --> 00:21:45,600 individualism I guess 509 00:21:42,538 --> 00:21:47,519 I mean just all the technology that came 510 00:21:45,599 --> 00:21:49,500 around at different things the Walkman 511 00:21:47,519 --> 00:21:51,538 bungee jumping I don't know what I love 512 00:21:49,500 --> 00:21:53,220 I heard of bungee jumping I mean and 513 00:21:51,538 --> 00:21:55,319 then of course comes the computer which 514 00:21:53,220 --> 00:21:57,298 becomes a huge source of entertainment 515 00:21:55,319 --> 00:22:00,058 people playing video games on the 516 00:21:57,298 --> 00:22:02,279 computer so all of it has meant that 517 00:22:00,058 --> 00:22:04,379 what were Collective activities what 518 00:22:02,279 --> 00:22:06,418 were things that people shared with 519 00:22:04,380 --> 00:22:08,940 friends and family and neighbors have 520 00:22:06,419 --> 00:22:11,038 now become much more isolated at home it 521 00:22:08,940 --> 00:22:13,500 was a time where everybody was just into 522 00:22:11,038 --> 00:22:15,538 their own thing and it wasn't too much 523 00:22:13,500 --> 00:22:17,038 group involvement it was kind of weird 524 00:22:15,538 --> 00:22:19,500 and then all of a sudden Boom the 525 00:22:17,038 --> 00:22:20,940 Renaissance the the just straight up and 526 00:22:19,500 --> 00:22:23,819 it's just crazy what's happened 527 00:22:20,940 --> 00:22:26,460 [Music] 528 00:22:23,819 --> 00:22:29,099 I really do think that the new poker 529 00:22:26,460 --> 00:22:31,579 phenomenon has created a new American 530 00:22:29,099 --> 00:22:31,579 Dream 531 00:22:31,919 --> 00:22:37,860 anyone has an opportunity to become a 532 00:22:35,460 --> 00:22:41,220 star that's why polka is growing so fast 533 00:22:37,859 --> 00:22:43,500 so big because everybody can win you 534 00:22:41,220 --> 00:22:46,140 know everybody can play you know baby 535 00:22:43,500 --> 00:22:48,720 it's just so massive so many people and 536 00:22:46,140 --> 00:22:52,559 it's I mean it's amazing we went from 12 537 00:22:48,720 --> 00:22:55,400 tables to 15 to 21 now to what you see 538 00:22:52,558 --> 00:22:58,440 at 33. and you know less than a year 539 00:22:55,400 --> 00:23:00,840 there's more action and more poker 540 00:22:58,440 --> 00:23:02,580 played behind me on a daily basis than 541 00:23:00,839 --> 00:23:04,740 anywhere in the world this is the 542 00:23:02,579 --> 00:23:06,418 Augusta this is the Yankee Stadium of 543 00:23:04,740 --> 00:23:09,480 all places to play poker and everybody 544 00:23:06,419 --> 00:23:10,980 wanted to say those famous words I'm all 545 00:23:09,480 --> 00:23:12,058 in and suddenly people were playing at 546 00:23:10,980 --> 00:23:14,460 home and 547 00:23:12,058 --> 00:23:17,038 reading books about it this is the 548 00:23:14,460 --> 00:23:19,558 gambler's Bookshop we have published 134 549 00:23:17,038 --> 00:23:23,158 books and we sell more than 3 000 550 00:23:19,558 --> 00:23:25,259 different titles I got here in 1979 they 551 00:23:23,159 --> 00:23:27,539 were perhaps 30 poker books well since 552 00:23:25,259 --> 00:23:29,038 poker's exploded you know we we have 553 00:23:27,538 --> 00:23:30,779 several hundred gaming titles and 554 00:23:29,038 --> 00:23:32,339 gambling titles and maybe over 50 of 555 00:23:30,779 --> 00:23:34,079 them a poker I'm coming up with new 556 00:23:32,339 --> 00:23:36,418 poker titles all the time this 557 00:23:34,079 --> 00:23:38,879 particular pair of Poker playing dogs by 558 00:23:36,419 --> 00:23:40,919 the artist Cassius Marcellus Coolidge we 559 00:23:38,880 --> 00:23:42,600 knew they had immense appeal but we did 560 00:23:40,919 --> 00:23:44,220 not expect them to sell as well as they 561 00:23:42,599 --> 00:23:46,500 did which was for close to six hundred 562 00:23:44,220 --> 00:23:48,480 thousand dollars for the pair now that's 563 00:23:46,500 --> 00:23:50,220 astonishing five years ago if I tell 564 00:23:48,480 --> 00:23:51,839 disability I'm a professional poker 565 00:23:50,220 --> 00:23:53,279 player they can look at me like what I 566 00:23:51,839 --> 00:23:55,558 mean what are you doing you're gambling 567 00:23:53,279 --> 00:23:58,379 your life away or that's very bad today 568 00:23:55,558 --> 00:24:01,139 I'm playing poker wow that's really cool 569 00:23:58,380 --> 00:24:04,080 and everybody yo brother yes it's 570 00:24:01,140 --> 00:24:06,000 amazing to me how many a-listers and Big 571 00:24:04,079 --> 00:24:08,220 Time athletes Michael Jordan plays a lot 572 00:24:06,000 --> 00:24:10,319 of Poker you know Jay-Z uh plays in a 573 00:24:08,220 --> 00:24:12,659 game with LeBron James where else can 574 00:24:10,319 --> 00:24:14,038 Jay-Z and Lebron compete together they 575 00:24:12,659 --> 00:24:15,840 want to compete against each other they 576 00:24:14,038 --> 00:24:18,058 want to have fun together but they want 577 00:24:15,839 --> 00:24:19,918 to compete I think I think it'd be a 578 00:24:18,058 --> 00:24:21,480 shitload of fun to be a pro I think it'd 579 00:24:19,919 --> 00:24:23,640 be pretty cool just to write down that 580 00:24:21,480 --> 00:24:25,860 I'm a professional Gambler on the IRS 581 00:24:23,640 --> 00:24:28,140 form they're like going to audit the 582 00:24:25,859 --> 00:24:29,759 obviously but I think it'd be worth it 583 00:24:28,140 --> 00:24:32,340 I've never had the feeling I'm playing 584 00:24:29,759 --> 00:24:34,200 too much no if anything I've had the 585 00:24:32,339 --> 00:24:35,819 feeling I'm playing too little what is 586 00:24:34,200 --> 00:24:37,860 the attraction to Poker you know this 587 00:24:35,819 --> 00:24:40,619 created such a focal boom it's 588 00:24:37,859 --> 00:24:43,798 Independence it's uh courage a certain 589 00:24:40,619 --> 00:24:46,079 magic that great gamblers have how do 590 00:24:43,798 --> 00:24:47,639 you hold your face your poke of your 591 00:24:46,079 --> 00:24:49,678 hand not letting the guy know that you 592 00:24:47,640 --> 00:24:51,900 got a good hand I like people I like 593 00:24:49,679 --> 00:24:53,700 trying to figure out where where they're 594 00:24:51,900 --> 00:24:55,080 coming from and what's what's going on 595 00:24:53,700 --> 00:24:56,580 in their head and what they're thinking 596 00:24:55,079 --> 00:24:58,079 but you're probably not smart the other 597 00:24:56,579 --> 00:25:00,119 guy because we ain't got caught you 598 00:24:58,079 --> 00:25:01,798 can't lick anybody it's like if I don't 599 00:25:00,119 --> 00:25:03,599 have a good fighter on the stool I can't 600 00:25:01,798 --> 00:25:05,519 beat nobody it's not always the best 10 601 00:25:03,599 --> 00:25:07,678 wins I think it's whoever plays it plays 602 00:25:05,519 --> 00:25:10,980 the hand the best wins poker is mental 603 00:25:07,679 --> 00:25:12,840 Warfare when you win a tournament it's a 604 00:25:10,980 --> 00:25:14,038 fantastic feeling although I haven't 605 00:25:12,839 --> 00:25:15,418 experienced that feeling in quite some 606 00:25:14,038 --> 00:25:18,240 time it's a good feeling I remember 607 00:25:15,419 --> 00:25:19,500 watch the purchase movements watch the 608 00:25:18,240 --> 00:25:21,058 different things they do at the table I 609 00:25:19,500 --> 00:25:23,400 mean I can't tell you all my secrets but 610 00:25:21,058 --> 00:25:25,558 come on tell me a couple I don't know 611 00:25:23,400 --> 00:25:27,840 why it's so big right now why is poker 612 00:25:25,558 --> 00:25:30,178 gotten so big why did poker boom why did 613 00:25:27,839 --> 00:25:33,139 poker become such a huge property as it 614 00:25:30,179 --> 00:25:35,759 is it grew because things don't grow 615 00:25:33,140 --> 00:25:37,620 that don't have growabilityness to them 616 00:25:35,759 --> 00:25:39,119 why has poker had an increase in 617 00:25:37,619 --> 00:25:42,319 popularity 618 00:25:39,119 --> 00:25:42,319 it's all me baby 619 00:25:45,839 --> 00:25:48,899 he was obviously disappointed for a 620 00:25:47,519 --> 00:25:53,058 while but he's my dad and he forgave me 621 00:25:48,900 --> 00:25:56,278 so I vowed to get the money back 622 00:25:53,058 --> 00:25:57,839 started betting with bookies when I was 623 00:25:56,278 --> 00:25:59,099 didn't have enough money on online to 624 00:25:57,839 --> 00:26:01,859 bet when I lost all my money online 625 00:25:59,099 --> 00:26:04,439 basically I would find local bookies and 626 00:26:01,859 --> 00:26:06,058 lose to them and stiff them I end up 627 00:26:04,440 --> 00:26:08,100 stiffing like four bookies in my life I 628 00:26:06,058 --> 00:26:11,639 believe I spent the rest of my natural 629 00:26:08,099 --> 00:26:13,139 life in college waking up at 10 o'clock 630 00:26:11,640 --> 00:26:15,240 when I had eight o'clock classes to 631 00:26:13,140 --> 00:26:16,740 check the lines to see what you know 632 00:26:15,240 --> 00:26:18,058 what the spreads were for that night and 633 00:26:16,740 --> 00:26:18,900 to do research for the rest of the day 634 00:26:18,058 --> 00:26:20,639 until 635 00:26:18,900 --> 00:26:21,778 three or four o'clock rolled around so I 636 00:26:20,640 --> 00:26:22,860 could bet on the games for that night 637 00:26:21,778 --> 00:26:25,440 then I would spend the whole night 638 00:26:22,859 --> 00:26:27,418 watching the games and rinse and repeat 639 00:26:25,440 --> 00:26:29,100 for the next day you know it's terrible 640 00:26:27,419 --> 00:26:30,299 when you on Tuesday morning you wake up 641 00:26:29,099 --> 00:26:31,439 and there's a phone ring and you have to 642 00:26:30,298 --> 00:26:32,519 take it out of the wall because it won't 643 00:26:31,440 --> 00:26:35,519 stop raining because the book is looking 644 00:26:32,519 --> 00:26:39,359 for his money uh so basically I've been 645 00:26:35,519 --> 00:26:41,879 a degenerate Gambler and uh every form 646 00:26:39,359 --> 00:26:46,139 of gambling you can do up until 647 00:26:41,880 --> 00:26:47,940 two years after uh College listen here's 648 00:26:46,140 --> 00:26:50,460 the thing 649 00:26:47,940 --> 00:26:52,340 if you can't spot the sucker in your 650 00:26:50,460 --> 00:26:55,140 first half hour at the table 651 00:26:52,339 --> 00:26:57,359 then you are the sucker the routers 652 00:26:55,140 --> 00:26:58,380 actually started me playing poker 653 00:26:57,359 --> 00:27:00,359 um I saw the movie I thought it was 654 00:26:58,380 --> 00:27:02,100 great I just got top two pair on the 655 00:27:00,359 --> 00:27:05,158 flop 656 00:27:02,099 --> 00:27:07,019 I like the fact that it depicted 657 00:27:05,159 --> 00:27:09,179 gambler's in their truest form they were 658 00:27:07,019 --> 00:27:11,038 broke they lost it all that I'd been 659 00:27:09,179 --> 00:27:13,278 through that I could relate to their 660 00:27:11,038 --> 00:27:13,278 story 661 00:27:15,079 --> 00:27:19,199 I was in New York I was doing some 662 00:27:17,339 --> 00:27:22,259 trading stuff and I was pretty much up 663 00:27:19,200 --> 00:27:23,819 to no good when a friend of mine he kept 664 00:27:22,259 --> 00:27:25,740 going off to some poker club was called 665 00:27:23,819 --> 00:27:27,899 the Mayfair club and at that time the 666 00:27:25,740 --> 00:27:29,700 club was on 25th Street in a sort of 667 00:27:27,900 --> 00:27:32,519 fancy looking apartment building you 668 00:27:29,700 --> 00:27:35,278 went in a side door and down a flight of 669 00:27:32,519 --> 00:27:36,900 stairs if they knew you they let you in 670 00:27:35,278 --> 00:27:39,119 if they didn't know you someone would 671 00:27:36,900 --> 00:27:41,400 come out and find out who you were the 672 00:27:39,119 --> 00:27:45,239 Mayfair Club was a private club that 673 00:27:41,400 --> 00:27:47,400 originally opened I think back in the 674 00:27:45,240 --> 00:27:49,319 40s as a bridge and Backgammon Club 675 00:27:47,400 --> 00:27:50,940 people became members of this club and 676 00:27:49,319 --> 00:27:52,678 came in to play bridge and back in and 677 00:27:50,940 --> 00:27:55,320 eventually they introduced poker to the 678 00:27:52,679 --> 00:27:57,659 club as somebody who had only played in 679 00:27:55,319 --> 00:27:59,460 home games the first time I walked in 680 00:27:57,659 --> 00:28:03,200 there and there were all these hardened 681 00:27:59,460 --> 00:28:04,880 gamblers and it was scary 682 00:28:03,200 --> 00:28:08,640 foreign 683 00:28:04,880 --> 00:28:11,460 Club was populated by lifelong dedicated 684 00:28:08,640 --> 00:28:13,740 games players so I mean I had never been 685 00:28:11,460 --> 00:28:15,900 exposed to that kind of Brilliance and 686 00:28:13,740 --> 00:28:19,200 genius before I would say On Any Given 687 00:28:15,900 --> 00:28:22,320 night there was probably more action in 688 00:28:19,200 --> 00:28:26,340 that club than existed in the country in 689 00:28:22,319 --> 00:28:28,798 the 90s it was the Heyday of underground 690 00:28:26,339 --> 00:28:31,319 car clubs in New York and 691 00:28:28,798 --> 00:28:33,240 played with people like Howard Lederer 692 00:28:31,319 --> 00:28:34,740 yeah there's this game at the Mayfair 693 00:28:33,240 --> 00:28:36,839 you should check it out I hear a lot of 694 00:28:34,740 --> 00:28:38,880 like you know sucker stock Brokers there 695 00:28:36,839 --> 00:28:41,579 which was kind of true people like Phil 696 00:28:38,880 --> 00:28:44,039 Locke when he was a backgammon player 697 00:28:41,579 --> 00:28:45,960 primarily and he was the fish in our 698 00:28:44,038 --> 00:28:48,000 game in the beginning what a learning 699 00:28:45,960 --> 00:28:50,100 experience the guys that were in this 700 00:28:48,000 --> 00:28:52,200 world half of them went to Poker and 701 00:28:50,099 --> 00:28:53,819 half went to Wall Street the Mayfair 702 00:28:52,200 --> 00:28:56,100 Club attracted a lot of Wall Street 703 00:28:53,819 --> 00:28:59,000 Paris 704 00:28:56,099 --> 00:28:59,000 Eric Seidel how 705 00:28:59,880 --> 00:29:05,460 Harrington a little bit of stuanger the 706 00:29:03,240 --> 00:29:08,159 Mayfair is pretty well known now in 707 00:29:05,460 --> 00:29:10,679 poker circles because uh so many good 708 00:29:08,159 --> 00:29:12,778 players came from there and we started 709 00:29:10,679 --> 00:29:16,140 to be known as you know sort of the New 710 00:29:12,778 --> 00:29:19,558 Yorkers you know the New York school 711 00:29:16,140 --> 00:29:21,000 Brown the is a nice word for Hustler you 712 00:29:19,558 --> 00:29:23,158 make the rounds you go from place to 713 00:29:21,000 --> 00:29:24,898 place you're making a rounds okay you're 714 00:29:23,159 --> 00:29:26,340 going to see like you know you get up 715 00:29:24,898 --> 00:29:28,319 late in the morning and you go to games 716 00:29:26,339 --> 00:29:29,759 with people playing all night and I knew 717 00:29:28,319 --> 00:29:32,579 you're coming to the game nice and fresh 718 00:29:29,759 --> 00:29:34,200 and you're there just like picking off 719 00:29:32,579 --> 00:29:36,178 ducks 720 00:29:34,200 --> 00:29:39,179 when we were playing in this city my 721 00:29:36,179 --> 00:29:41,460 partner myself Mike Sosa and we became 722 00:29:39,179 --> 00:29:44,460 friends with the Brian koppelman and 723 00:29:41,460 --> 00:29:47,519 David Levine Brian uh used to play in a 724 00:29:44,460 --> 00:29:49,500 club and he uh one night stayed there 725 00:29:47,519 --> 00:29:52,379 all night and played 726 00:29:49,500 --> 00:29:55,339 and they have this great idea 727 00:29:52,380 --> 00:29:55,340 to come up with a movie 728 00:29:56,819 --> 00:30:00,480 I mean I remember the date it was 729 00:29:58,679 --> 00:30:03,360 December 15th 730 00:30:00,480 --> 00:30:06,899 and yeah I walked into the Mayfair 731 00:30:03,359 --> 00:30:08,099 and from the second I walked in you know 732 00:30:06,898 --> 00:30:09,599 felt the way like a religious person 733 00:30:08,099 --> 00:30:11,459 would feel walking at the St Patrick's 734 00:30:09,599 --> 00:30:13,259 for the first time or something 735 00:30:11,460 --> 00:30:15,000 that first night I walked in a great 736 00:30:13,259 --> 00:30:16,619 night I walked in 737 00:30:15,000 --> 00:30:18,058 um and I decided to play Hold'em even 738 00:30:16,619 --> 00:30:20,278 though I wasn't really a Holden player 739 00:30:18,058 --> 00:30:22,200 and I thought like it'd be I'm ready to 740 00:30:20,278 --> 00:30:24,119 try this and I sat down and I lost 750 741 00:30:22,200 --> 00:30:26,819 bucks I left the Poker Club that night 742 00:30:24,119 --> 00:30:28,439 and uh immediately called Levine my 743 00:30:26,819 --> 00:30:30,720 riding partner said I know the movie 744 00:30:28,440 --> 00:30:32,880 we're gonna write because it was that 745 00:30:30,720 --> 00:30:35,460 apparent right then 746 00:30:32,880 --> 00:30:36,840 every night that I'd go Dave would start 747 00:30:35,460 --> 00:30:38,399 to come with me to the clubs every night 748 00:30:36,839 --> 00:30:39,778 would go someone would turn to someone 749 00:30:38,398 --> 00:30:41,459 else and say in the poker game of life 750 00:30:39,778 --> 00:30:44,278 women are the ray in the poker game of 751 00:30:41,460 --> 00:30:46,440 life women are the rake 752 00:30:44,278 --> 00:30:48,839 we really wanted to tell the story these 753 00:30:46,440 --> 00:30:50,460 people were fascinating we wrote the 754 00:30:48,839 --> 00:30:53,099 first draft that's very close to the 755 00:30:50,460 --> 00:30:55,640 final movie in about four months 756 00:30:53,099 --> 00:30:55,639 but we 757 00:30:56,038 --> 00:31:00,359 I don't know how the rounder script sort 758 00:30:57,898 --> 00:31:04,439 of ended up on my desk the rejections 759 00:31:00,359 --> 00:31:07,678 were obviously rejection is 760 00:31:04,440 --> 00:31:09,538 you know supremely unpleasant and uh 761 00:31:07,679 --> 00:31:11,220 yeah you go through moments where you're 762 00:31:09,538 --> 00:31:13,440 going [ __ ] maybe this isn't any good 763 00:31:11,220 --> 00:31:15,659 maybe nobody cares I got beaten by a 764 00:31:13,440 --> 00:31:18,058 better man today you know Manny made a 765 00:31:15,659 --> 00:31:19,980 tough call there but Ted Demi who's 766 00:31:18,058 --> 00:31:21,418 since died and Ted called Harvey 767 00:31:19,980 --> 00:31:22,860 Weinstein and mirror Max and Harvey read 768 00:31:21,419 --> 00:31:25,020 it over the weekend and that Monday 769 00:31:22,859 --> 00:31:27,178 morning called and offered us a deal for 770 00:31:25,019 --> 00:31:30,000 it and I read the script I thought it 771 00:31:27,179 --> 00:31:31,620 was great and I thought you know this 772 00:31:30,000 --> 00:31:33,599 would be a really you know interesting 773 00:31:31,619 --> 00:31:35,879 film December 15th we started shooting 774 00:31:33,599 --> 00:31:37,019 that same year which was two years to 775 00:31:35,880 --> 00:31:38,700 the day from when I first walked into 776 00:31:37,019 --> 00:31:41,819 the Mayfair Club 777 00:31:38,700 --> 00:31:43,440 I I just really like the script and it 778 00:31:41,819 --> 00:31:45,898 was exploring you know a lot of the 779 00:31:43,440 --> 00:31:48,058 scripts that we get are exploring one 780 00:31:45,898 --> 00:31:49,379 subculture or another and as an actor 781 00:31:48,058 --> 00:31:52,019 you kind of are drawn to those things 782 00:31:49,380 --> 00:31:54,059 when you're drawn to the specificity of 783 00:31:52,019 --> 00:31:55,918 some of those things so in this case it 784 00:31:54,058 --> 00:31:57,480 was a subculture that was incredibly 785 00:31:55,919 --> 00:31:59,640 specific and that these guys seem to 786 00:31:57,480 --> 00:32:01,620 know a lot about I mean I I basically 787 00:31:59,640 --> 00:32:03,000 knew nothing about poker I mean to Poker 788 00:32:01,619 --> 00:32:04,798 to me was sitting around with my brother 789 00:32:03,000 --> 00:32:07,440 and a couple of friends drinking beer 790 00:32:04,798 --> 00:32:08,759 and smoking cigars and you know probably 791 00:32:07,440 --> 00:32:11,960 spending more on the food and the 792 00:32:08,759 --> 00:32:15,000 alcohol than we spent gambling 793 00:32:11,960 --> 00:32:17,579 No Limit Texas Hold'em it's the Cadillac 794 00:32:15,000 --> 00:32:19,740 of Poker this is why the World Series of 795 00:32:17,579 --> 00:32:21,839 Poker is decided over a No Limit Hold'em 796 00:32:19,740 --> 00:32:23,640 table I thought it was a great movie I 797 00:32:21,839 --> 00:32:25,500 feel it's like the Bible for polka 798 00:32:23,640 --> 00:32:27,480 around this the movie Rounders came out 799 00:32:25,500 --> 00:32:31,740 the movie Rounders love the movie 800 00:32:27,480 --> 00:32:34,500 Rounders free movies 801 00:32:31,740 --> 00:32:36,778 rounders is unquestionably the movie 802 00:32:34,500 --> 00:32:39,480 that the most people come up to me and 803 00:32:36,778 --> 00:32:41,398 say you know that's the movie that of 804 00:32:39,480 --> 00:32:43,500 yours that I really liked around is my 805 00:32:41,398 --> 00:32:45,719 favorite poker movie of all time love 806 00:32:43,500 --> 00:32:48,179 the movie Rounders Founders has got to 807 00:32:45,720 --> 00:32:50,100 be the best poker movie ever made I've 808 00:32:48,179 --> 00:32:51,778 seen like around there's 150 times and 809 00:32:50,099 --> 00:32:53,278 hope this is like the best movie ever I 810 00:32:51,778 --> 00:32:56,159 think why are the people having big 811 00:32:53,278 --> 00:32:57,898 memories of rounders oh my God you are 812 00:32:56,159 --> 00:32:59,640 talking to some nerds you were looking 813 00:32:57,898 --> 00:33:00,778 for that third three but you forgot the 814 00:32:59,640 --> 00:33:02,840 Professor Green that's a great movie 815 00:33:00,778 --> 00:33:05,339 that movie got me into thinking about 816 00:33:02,839 --> 00:33:07,019 poker all these kids seen this and they 817 00:33:05,339 --> 00:33:09,240 said wow this is a good thing maybe I 818 00:33:07,019 --> 00:33:11,038 can do this every professional poker 819 00:33:09,240 --> 00:33:12,659 player will thank us for for bringing 820 00:33:11,038 --> 00:33:15,359 million they say you know millions of 821 00:33:12,659 --> 00:33:17,460 suckers into the game and making 822 00:33:15,359 --> 00:33:20,639 millions of dollars for them 823 00:33:17,460 --> 00:33:23,038 for poker players to have Matt Damon or 824 00:33:20,640 --> 00:33:26,038 you know represent us you know in some 825 00:33:23,038 --> 00:33:28,140 way and to have Hollywood makeup make a 826 00:33:26,038 --> 00:33:30,298 film about it was a pretty exciting deal 827 00:33:28,140 --> 00:33:31,740 this movie to some degree is about me 828 00:33:30,298 --> 00:33:33,898 you know it's about my life it's about 829 00:33:31,740 --> 00:33:36,179 my environment yeah I guess so they 830 00:33:33,898 --> 00:33:38,278 stole all my lines in it so you Scout 831 00:33:36,179 --> 00:33:40,740 him out I said I mop them up if you ask 832 00:33:38,278 --> 00:33:43,619 the writers around us like koppelman 833 00:33:40,740 --> 00:33:45,240 I mean he he took some of my story for 834 00:33:43,619 --> 00:33:47,219 sure my brother was very much like Matt 835 00:33:45,240 --> 00:33:48,839 Damon in that movie uh playing in 836 00:33:47,220 --> 00:33:50,460 illegal card rooms in New York with 837 00:33:48,839 --> 00:33:52,980 everybody around him disapproving of 838 00:33:50,460 --> 00:33:55,079 what he did like just felt like I was 839 00:33:52,980 --> 00:33:56,460 looking at my life I was playing in 840 00:33:55,079 --> 00:33:58,439 private clubs 841 00:33:56,460 --> 00:33:59,460 I had a girlfriend that really wanted me 842 00:33:58,440 --> 00:34:01,798 to go to school 843 00:33:59,460 --> 00:34:06,120 there was a moment there I mean the 844 00:34:01,798 --> 00:34:08,460 first year I'm 19 dead broke he kind of 845 00:34:06,119 --> 00:34:10,199 lost his way and actually completely 846 00:34:08,460 --> 00:34:11,460 lost communication with the family my to 847 00:34:10,199 --> 00:34:13,259 the point where my father actually filed 848 00:34:11,460 --> 00:34:14,940 a missing persons report on him but 849 00:34:13,260 --> 00:34:16,139 during that same year I found the 850 00:34:14,940 --> 00:34:18,480 Mayfair Club 851 00:34:16,139 --> 00:34:21,000 check I mean a lot of the storyline 852 00:34:18,480 --> 00:34:24,019 there except for the cheating part 853 00:34:21,000 --> 00:34:27,059 um was a story that mirrored my life 854 00:34:24,019 --> 00:34:28,980 I didn't like the idea that they showed 855 00:34:27,059 --> 00:34:31,858 to see me inside a poker again they 856 00:34:28,980 --> 00:34:33,119 painted gambling in a more negative 857 00:34:31,858 --> 00:34:34,739 light in some of the instances where 858 00:34:33,119 --> 00:34:37,139 there was cheating and scamming and 859 00:34:34,739 --> 00:34:39,299 stuff going on and I really don't think 860 00:34:37,139 --> 00:34:41,579 there's that much of it in poker you 861 00:34:39,300 --> 00:34:43,800 know the the thing that saddens me is is 862 00:34:41,579 --> 00:34:45,838 once again you know 863 00:34:43,800 --> 00:34:49,320 you know the hero the story was also 864 00:34:45,838 --> 00:34:52,279 cheating and that's just not he the 865 00:34:49,320 --> 00:34:52,280 heroes of Poker don't cheat 866 00:34:52,679 --> 00:34:56,878 the World Series okay where celebrities 867 00:34:54,539 --> 00:34:58,440 keep showing this year it was Matt Damon 868 00:34:56,878 --> 00:35:00,659 and Edward Norton standing here with 869 00:34:58,440 --> 00:35:02,579 Matt and Ed who play professional card 870 00:35:00,659 --> 00:35:03,960 players in this film called rounders 871 00:35:02,579 --> 00:35:05,579 we're a little out in front of it the 872 00:35:03,960 --> 00:35:07,440 poker craze 873 00:35:05,579 --> 00:35:09,838 um but when the movie came out it was a 874 00:35:07,440 --> 00:35:11,220 bomb you know I mean it didn't open well 875 00:35:09,838 --> 00:35:13,799 it didn't they didn't leave it in the 876 00:35:11,219 --> 00:35:15,659 theaters very long I mean it you know 877 00:35:13,800 --> 00:35:17,519 maybe didn't gross as much as they 878 00:35:15,659 --> 00:35:20,098 initially hoped it would but you know it 879 00:35:17,519 --> 00:35:22,019 was a small dark movie about cards it 880 00:35:20,099 --> 00:35:23,820 was only in theaters like three weeks 881 00:35:22,019 --> 00:35:25,079 and Miramax pulled it I think to protect 882 00:35:23,820 --> 00:35:27,539 Matt 883 00:35:25,079 --> 00:35:29,220 well when rounders first came out you 884 00:35:27,539 --> 00:35:31,679 know not too many people really watched 885 00:35:29,219 --> 00:35:35,578 it I think because poker was a really 886 00:35:31,679 --> 00:35:37,858 first of all it was accepted socially I 887 00:35:35,579 --> 00:35:39,900 mean you know it really wasn't I mean 888 00:35:37,858 --> 00:35:42,480 you know 889 00:35:39,900 --> 00:35:43,680 it gets it like it's the timepiece that 890 00:35:42,480 --> 00:35:47,420 really wasn't 891 00:35:43,679 --> 00:35:47,419 people weren't ready for it 892 00:36:02,820 --> 00:36:08,119 I was this big heavy drunk degenerate 893 00:36:05,400 --> 00:36:10,740 Gambler basically bottomed out on Sports 894 00:36:08,119 --> 00:36:12,780 started playing poker and played online 895 00:36:10,739 --> 00:36:14,159 and I didn't let anybody know what my 896 00:36:12,780 --> 00:36:16,260 job that I what I did because I would 897 00:36:14,159 --> 00:36:17,759 have frowned up on it that's not 898 00:36:16,260 --> 00:36:20,280 something that you tell people is you're 899 00:36:17,760 --> 00:36:22,800 a gambler that's very outside the box 900 00:36:20,280 --> 00:36:24,599 for an accountant I was a traveling 901 00:36:22,800 --> 00:36:26,880 accountant for deut and tush 902 00:36:24,599 --> 00:36:30,420 um I'm making forty five thousand a year 903 00:36:26,880 --> 00:36:33,059 it's doing all right uh and 9 11 hit and 904 00:36:30,420 --> 00:36:36,358 lost my job and was out of work for four 905 00:36:33,059 --> 00:36:37,679 or five months and uh it was a very very 906 00:36:36,358 --> 00:36:39,179 bad time that's when I started playing 907 00:36:37,679 --> 00:36:40,440 poker more and more on the internet we 908 00:36:39,179 --> 00:36:42,358 were indeed you know eight thousand 909 00:36:40,440 --> 00:36:44,639 dollars in credit card debt had a house 910 00:36:42,358 --> 00:36:46,739 uh note we couldn't afford to pay two 911 00:36:44,639 --> 00:36:48,299 car notes we couldn't afford to pay it 912 00:36:46,739 --> 00:36:49,679 was Dire situation we had a baby on the 913 00:36:48,300 --> 00:36:51,539 way so 914 00:36:49,679 --> 00:36:54,500 that's when it gets scary and that 915 00:36:51,539 --> 00:36:54,500 that's when it gets tough 916 00:36:56,519 --> 00:37:01,679 Miranda shots in poker is no doubt took 917 00:36:59,940 --> 00:37:06,420 place because of TV 918 00:37:01,679 --> 00:37:09,349 two words t v that's the biggest engine 919 00:37:06,420 --> 00:37:11,760 driving the Boom 920 00:37:09,349 --> 00:37:14,578 [Music] 921 00:37:11,760 --> 00:37:16,320 75 players started this tournament here 922 00:37:14,579 --> 00:37:18,300 is the dealer scrambles getting ready to 923 00:37:16,320 --> 00:37:20,579 shuffle we're down to the final tape I 924 00:37:18,300 --> 00:37:22,200 think a lot of people grew up watching 925 00:37:20,579 --> 00:37:25,320 the World Series of Poker you know the 926 00:37:22,199 --> 00:37:27,299 old horrible ESPN version of it Stakes 927 00:37:25,320 --> 00:37:31,260 are getting higher and the competition 928 00:37:27,300 --> 00:37:33,900 more exciting he had a pair of fives 929 00:37:31,260 --> 00:37:36,720 quite literally watching one of the old 930 00:37:33,900 --> 00:37:39,420 poker shows if you were put in front of 931 00:37:36,719 --> 00:37:41,578 a television and had the paint drying on 932 00:37:39,420 --> 00:37:44,240 the wall next to it you would be drawn 933 00:37:41,579 --> 00:37:47,760 inextricably to the paint 934 00:37:44,239 --> 00:37:48,838 Dave needs a queen to win this pot in 935 00:37:47,760 --> 00:37:50,940 the in the old days they didn't do it 936 00:37:48,838 --> 00:37:52,078 right you know they showed this kind of 937 00:37:50,940 --> 00:37:53,639 tournament where you don't know what's 938 00:37:52,079 --> 00:37:55,019 happening you don't see anybody's cars 939 00:37:53,639 --> 00:37:57,179 it seems to really be on the borderline 940 00:37:55,019 --> 00:37:59,460 back to the 70s in the early 80s when 941 00:37:57,179 --> 00:38:01,739 Stewie Unger won the two World Series of 942 00:37:59,460 --> 00:38:03,300 Poker in a row 80 and 81 I think he's 943 00:38:01,739 --> 00:38:06,059 thinking to himself maybe he might wait 944 00:38:03,300 --> 00:38:08,280 but you never knew why Stu folded you 945 00:38:06,059 --> 00:38:10,739 wanted to know Stu was an animal he 946 00:38:08,280 --> 00:38:12,060 played very aggressively he was Raising 947 00:38:10,739 --> 00:38:13,739 and re-raising and raising and you 948 00:38:12,059 --> 00:38:17,420 wanted him what the hell when Stewie 949 00:38:13,739 --> 00:38:17,419 folded you want to know why did he fold 950 00:38:17,780 --> 00:38:23,640 and the queen doesn't we always knew 951 00:38:21,358 --> 00:38:25,920 someday that poker was going to be a 952 00:38:23,639 --> 00:38:28,078 spectator sport we knew we needed to see 953 00:38:25,920 --> 00:38:32,000 the whole cards we knew it was going to 954 00:38:28,079 --> 00:38:32,000 happen just who was going to do it first 955 00:38:32,039 --> 00:38:37,199 I like many people learned the Great 956 00:38:34,440 --> 00:38:39,300 American card game by sitting with 957 00:38:37,199 --> 00:38:41,338 family members literally playing for 958 00:38:39,300 --> 00:38:43,560 peanuts 959 00:38:41,338 --> 00:38:45,719 I came out of law school he walked into 960 00:38:43,559 --> 00:38:48,719 law firms and thought I just don't want 961 00:38:45,719 --> 00:38:51,659 to do this for a living so I jumped in 962 00:38:48,719 --> 00:38:53,219 and learned all that I could about this 963 00:38:51,659 --> 00:38:56,460 world of Poker and found it to be 964 00:38:53,219 --> 00:38:58,199 fascinating right so I went out and made 965 00:38:56,460 --> 00:39:01,559 just a one hour documentary thinking 966 00:38:58,199 --> 00:39:03,899 that's all that I was doing and then the 967 00:39:01,559 --> 00:39:06,659 uh the show hit and it had fantastic 968 00:39:03,900 --> 00:39:10,200 writing so I thought I am the genius who 969 00:39:06,659 --> 00:39:12,899 will deliver to the broadcaster and the 970 00:39:10,199 --> 00:39:14,399 programmer the next great thing that 971 00:39:12,900 --> 00:39:16,440 they uh that they will find which is 972 00:39:14,400 --> 00:39:20,338 going to be poker 973 00:39:16,440 --> 00:39:23,940 when Hitler invaded Poland in 1939 974 00:39:20,338 --> 00:39:25,739 I was just short of 16. we had still a 975 00:39:23,940 --> 00:39:27,838 little packet of money left and we had 976 00:39:25,739 --> 00:39:30,358 watches that's all we had left so we 977 00:39:27,838 --> 00:39:33,719 quickly took off our watches and the 978 00:39:30,358 --> 00:39:36,539 money and we pushed the money into the 979 00:39:33,719 --> 00:39:39,239 hand it took gestapo were walking in the 980 00:39:36,539 --> 00:39:41,940 front so we pushed the money and the 981 00:39:39,239 --> 00:39:44,338 watches into his hands as he was holding 982 00:39:41,940 --> 00:39:48,420 the rifle and we started running 983 00:39:44,338 --> 00:39:54,420 and we wound up on October 2nd of 1947 984 00:39:48,420 --> 00:39:56,880 we departed for New York in 1972 I went 985 00:39:54,420 --> 00:40:00,420 into the business inventing when I 986 00:39:56,880 --> 00:40:03,119 invented many toys I have now close to 987 00:40:00,420 --> 00:40:05,720 100 patents Henry Ornstein to me is the 988 00:40:03,119 --> 00:40:09,960 toy man he invented Transformers 989 00:40:05,719 --> 00:40:12,059 Transformers more than meets the eye 990 00:40:09,960 --> 00:40:14,519 the concept wasn't let's go make 991 00:40:12,059 --> 00:40:16,920 television it was let's create a sports 992 00:40:14,519 --> 00:40:18,960 league so I pitched it everywhere right 993 00:40:16,920 --> 00:40:21,300 I had just gone with Norman Lear the 994 00:40:18,960 --> 00:40:23,159 icon who created All in the Family and 995 00:40:21,300 --> 00:40:25,260 met everybody in the uh the world of 996 00:40:23,159 --> 00:40:27,779 Television so I went back out to all of 997 00:40:25,260 --> 00:40:29,220 those people and said I got it it's here 998 00:40:27,780 --> 00:40:30,960 it's gonna be poker all right we're 999 00:40:29,219 --> 00:40:32,939 gonna make it into something that'll 1000 00:40:30,960 --> 00:40:34,079 really be followable it'll be like a 1001 00:40:32,940 --> 00:40:36,240 sport 1002 00:40:34,079 --> 00:40:37,400 um and literally nobody wanted to hear 1003 00:40:36,239 --> 00:40:40,679 it 1004 00:40:37,400 --> 00:40:43,260 I was actually a chess player 1005 00:40:40,679 --> 00:40:45,719 I started getting headaches after I 1006 00:40:43,260 --> 00:40:48,900 played for two or three hours 1007 00:40:45,719 --> 00:40:51,299 and my wife Susie said you know why 1008 00:40:48,900 --> 00:40:53,720 don't you try poker 1009 00:40:51,300 --> 00:40:56,280 I was watching the ESPN 1010 00:40:53,719 --> 00:40:58,858 program that was showing at poker 1011 00:40:56,280 --> 00:41:00,540 tournament I watched five Hands In A Row 1012 00:40:58,858 --> 00:41:01,980 I Remember 1013 00:41:00,539 --> 00:41:03,960 and nothing happened you didn't know 1014 00:41:01,980 --> 00:41:06,240 what happened 1015 00:41:03,960 --> 00:41:10,079 looks like he's ready for action so I 1016 00:41:06,239 --> 00:41:12,239 thought struck me the thought of boring 1017 00:41:10,079 --> 00:41:14,579 I was very lucky for me and for the game 1018 00:41:12,239 --> 00:41:16,679 of poker Henry was tired of watching 1019 00:41:14,579 --> 00:41:19,920 poker on television the way it was and 1020 00:41:16,679 --> 00:41:21,838 he asked me if people would show their 1021 00:41:19,920 --> 00:41:24,000 hole cards in a minute I thought about 1022 00:41:21,838 --> 00:41:24,900 it I knew right away that this could be 1023 00:41:24,000 --> 00:41:29,838 done 1024 00:41:24,900 --> 00:41:31,858 and I said emphatically no chance 1025 00:41:29,838 --> 00:41:33,599 Dole Bronson was one of them that was 1026 00:41:31,858 --> 00:41:36,000 against the golden he didn't want people 1027 00:41:33,599 --> 00:41:37,500 to see his cards and I'm sure most of 1028 00:41:36,000 --> 00:41:39,300 them didn't they didn't want people to 1029 00:41:37,500 --> 00:41:42,059 know how they played the hand you're 1030 00:41:39,300 --> 00:41:43,740 asking us to divulge your secrets we 1031 00:41:42,059 --> 00:41:46,320 can't we can't do that 1032 00:41:43,739 --> 00:41:48,539 Henry said they would do anything to get 1033 00:41:46,320 --> 00:41:51,539 on television so I became kind of a 1034 00:41:48,539 --> 00:41:56,420 consultant to what he was doing and we 1035 00:41:51,539 --> 00:41:56,420 actually put together a pilot 1036 00:41:56,599 --> 00:42:03,059 poker until now it's always been an 1037 00:41:59,639 --> 00:42:05,819 exciting game to play but unexciting to 1038 00:42:03,059 --> 00:42:08,159 watch by using the patented total poker 1039 00:42:05,820 --> 00:42:10,740 system viewers can watch high-stakes 1040 00:42:08,159 --> 00:42:12,420 poker games describe for everyone how 1041 00:42:10,739 --> 00:42:14,459 you came up with the concept of total 1042 00:42:12,420 --> 00:42:16,700 poker what it's all about with the 1043 00:42:14,460 --> 00:42:19,079 concept of total poker is something that 1044 00:42:16,699 --> 00:42:21,838 I invented 1045 00:42:19,079 --> 00:42:24,180 we have a very strong patent on it so no 1046 00:42:21,838 --> 00:42:25,799 one else can use it so anybody that owns 1047 00:42:24,179 --> 00:42:28,078 this 1048 00:42:25,800 --> 00:42:31,019 will have a tremendous property with 1049 00:42:28,079 --> 00:42:34,140 millions of viewers locked in we tried 1050 00:42:31,019 --> 00:42:35,369 and we couldn't get on a television we 1051 00:42:34,139 --> 00:42:37,559 couldn't get on these stations 1052 00:42:35,369 --> 00:42:39,299 [Music] 1053 00:42:37,559 --> 00:42:41,279 the Travel Channel stood up and said 1054 00:42:39,300 --> 00:42:43,500 we'll give you Prime Time real estate we 1055 00:42:41,280 --> 00:42:47,640 were the first people to attach the 1056 00:42:43,500 --> 00:42:50,480 whole cam to the table and put it on U.S 1057 00:42:47,639 --> 00:42:53,879 television the WPT format has been 1058 00:42:50,480 --> 00:42:54,719 exactly copied by everyone who has come 1059 00:42:53,880 --> 00:42:58,559 along 1060 00:42:54,719 --> 00:43:00,838 it's a four so there you have it the 1061 00:42:58,559 --> 00:43:02,940 amateur the World Poker Tour is the one 1062 00:43:00,838 --> 00:43:04,619 that should get credit for the explosion 1063 00:43:02,940 --> 00:43:07,858 and popularity of Poker 1064 00:43:04,619 --> 00:43:09,900 without the WPT cam as we call it there 1065 00:43:07,858 --> 00:43:13,920 would be no show I mean there's nothing 1066 00:43:09,900 --> 00:43:16,740 that has changed a game more in the last 1067 00:43:13,920 --> 00:43:18,960 25 years than the camera under the table 1068 00:43:16,739 --> 00:43:21,899 there's something extremely attractive 1069 00:43:18,960 --> 00:43:24,599 about the nerves of somebody to to Bluff 1070 00:43:21,900 --> 00:43:26,639 they show you the hold cards so you know 1071 00:43:24,599 --> 00:43:28,079 what these guys have when they're 1072 00:43:26,639 --> 00:43:29,098 bluffing when they're not bluffing 1073 00:43:28,079 --> 00:43:30,599 people at home they can play the 1074 00:43:29,099 --> 00:43:32,760 armchair quarterback they're like call 1075 00:43:30,599 --> 00:43:34,559 him call him call him call him call him 1076 00:43:32,760 --> 00:43:36,180 and he starts to study and him and I'll 1077 00:43:34,559 --> 00:43:37,500 call him call him they see one guy only 1078 00:43:36,179 --> 00:43:39,899 and the other one has the best hand and 1079 00:43:37,500 --> 00:43:42,300 he folds you like oh you dummy 1080 00:43:39,900 --> 00:43:45,119 I remember seeing my first hole card 1081 00:43:42,300 --> 00:43:46,380 camera show and it was the greatest to 1082 00:43:45,119 --> 00:43:48,838 me it was the greatest thrill I'd ever 1083 00:43:46,380 --> 00:43:51,180 had in my life watching this live poker 1084 00:43:48,838 --> 00:43:52,799 event gave me goosebumps flashing there 1085 00:43:51,179 --> 00:43:54,000 were a few Skeptics uh when we were 1086 00:43:52,800 --> 00:43:55,980 first coming out with the Royal Poker 1087 00:43:54,000 --> 00:43:57,420 Tour the first season uh player saying 1088 00:43:55,980 --> 00:43:58,440 wait we don't want people seeing the 1089 00:43:57,420 --> 00:44:01,079 cards maybe that's going to give 1090 00:43:58,440 --> 00:44:02,818 something away but as soon as the first 1091 00:44:01,079 --> 00:44:05,220 show aired and all of a sudden it was a 1092 00:44:02,818 --> 00:44:06,358 buzz we just went through the roof all 1093 00:44:05,219 --> 00:44:07,618 of a sudden the players didn't they 1094 00:44:06,358 --> 00:44:09,659 didn't care they saw that they were 1095 00:44:07,619 --> 00:44:11,280 becoming stars and they said you know I 1096 00:44:09,659 --> 00:44:13,920 can live with that 1097 00:44:11,280 --> 00:44:17,160 I look at every two hour World Poker 1098 00:44:13,920 --> 00:44:21,599 Tour show as a five-act Shakespearean 1099 00:44:17,159 --> 00:44:23,699 play that has plots sub plots uh 1100 00:44:21,599 --> 00:44:26,338 villains and everything that you would 1101 00:44:23,699 --> 00:44:28,318 find in a great story 1102 00:44:26,338 --> 00:44:30,719 when a game is shared on television 1103 00:44:28,318 --> 00:44:32,159 especially something like poker then 1104 00:44:30,719 --> 00:44:34,500 people feel when they're playing 1105 00:44:32,159 --> 00:44:35,818 themselves in their own communities that 1106 00:44:34,500 --> 00:44:38,280 they're part of some larger Network 1107 00:44:35,818 --> 00:44:39,900 that's also magically playing all across 1108 00:44:38,280 --> 00:44:41,339 the country and they're part of some 1109 00:44:39,900 --> 00:44:43,500 national phenomena instead of just 1110 00:44:41,338 --> 00:44:46,199 themselves 1111 00:44:43,500 --> 00:44:49,619 I think that one of the great injustices 1112 00:44:46,199 --> 00:44:51,358 is that Henry Ornstein doesn't get the 1113 00:44:49,619 --> 00:44:54,180 credit he rightfully deserves for the 1114 00:44:51,358 --> 00:44:55,980 poker craze here's a man who survived 1115 00:44:54,179 --> 00:44:58,379 five concentration camps who was one of 1116 00:44:55,980 --> 00:45:00,539 himmler's Jews he came up with the idea 1117 00:44:58,380 --> 00:45:02,700 of the whole card camera 1118 00:45:00,539 --> 00:45:05,759 poker is not on television poker's not 1119 00:45:02,699 --> 00:45:08,578 the huge business it is online in 1120 00:45:05,760 --> 00:45:10,619 casinos every place without what Henry 1121 00:45:08,579 --> 00:45:12,300 Ornstein did there's no question in my 1122 00:45:10,619 --> 00:45:14,519 mind and he is the reason for the poker 1123 00:45:12,300 --> 00:45:17,280 boom I would say Henry had the right 1124 00:45:14,519 --> 00:45:20,219 vision and Steve Lipscomb was able to 1125 00:45:17,280 --> 00:45:22,019 sell it to stations and after that you 1126 00:45:20,219 --> 00:45:23,519 know history was made Steve gives 1127 00:45:22,019 --> 00:45:27,980 incidentally 1128 00:45:23,519 --> 00:45:27,980 paying me a royalty for using my idea 1129 00:45:35,219 --> 00:45:38,000 right now 1130 00:45:38,838 --> 00:45:44,159 to make it on TV and become like a 1131 00:45:42,780 --> 00:45:47,119 sports star 1132 00:45:44,159 --> 00:45:47,118 it's just amazing 1133 00:45:47,940 --> 00:45:53,099 look we have 960 000 people have the 1134 00:45:50,699 --> 00:45:54,838 philhami cell phone game in the U.S 1135 00:45:53,099 --> 00:45:56,460 you know my book play poker like the 1136 00:45:54,838 --> 00:45:58,440 pros hit the best seller list for four 1137 00:45:56,460 --> 00:46:00,480 weeks you know my DVDs are going crazy 1138 00:45:58,440 --> 00:46:02,280 the companies I have a piece of have 1139 00:46:00,480 --> 00:46:04,260 gone crazy we have the poker brat 1140 00:46:02,280 --> 00:46:06,960 clothing company we have Phil's house 1141 00:46:04,260 --> 00:46:09,359 publishing company we have just projects 1142 00:46:06,960 --> 00:46:10,858 after projects and you just see poker 1143 00:46:09,358 --> 00:46:13,139 going crazy 1144 00:46:10,858 --> 00:46:15,059 right now is a dangerous time for me I'm 1145 00:46:13,139 --> 00:46:17,219 I'm surrounded by so many people that 1146 00:46:15,059 --> 00:46:21,318 think I'm great that are idolizing me 1147 00:46:17,219 --> 00:46:21,318 that it's easy to get sucked up 1148 00:46:26,179 --> 00:46:32,210 I mean there's nothing more glamorous 1149 00:46:28,800 --> 00:46:34,560 than to live your own life 1150 00:46:32,210 --> 00:46:36,780 [Music] 1151 00:46:34,559 --> 00:46:38,639 live on the edge 1152 00:46:36,780 --> 00:46:41,880 lots of women 1153 00:46:38,639 --> 00:46:45,299 good times if you can fund that 1154 00:46:41,880 --> 00:46:48,000 by playing cards hey who doesn't want 1155 00:46:45,300 --> 00:46:50,579 that I think as far as how people are 1156 00:46:48,000 --> 00:46:52,800 perceived to play poker 1157 00:46:50,579 --> 00:46:55,140 um televisions really changed that a lot 1158 00:46:52,800 --> 00:46:56,760 you started to root for people which was 1159 00:46:55,139 --> 00:46:57,400 really really important had all sorts of 1160 00:46:56,760 --> 00:46:59,819 characters 1161 00:46:57,400 --> 00:47:01,680 [Music] 1162 00:46:59,818 --> 00:47:03,719 poker players were all considered like 1163 00:47:01,679 --> 00:47:04,980 the fleas or like you know they'll put 1164 00:47:03,719 --> 00:47:06,179 them over in the corner don't be 1165 00:47:04,980 --> 00:47:08,760 bothered with them and now they're all 1166 00:47:06,179 --> 00:47:10,919 rock stars 1167 00:47:08,760 --> 00:47:12,839 and we start seeing people going after 1168 00:47:10,920 --> 00:47:14,159 these players asking for autographs and 1169 00:47:12,838 --> 00:47:15,960 I was just floored I couldn't believe 1170 00:47:14,159 --> 00:47:18,059 that people were getting autographs from 1171 00:47:15,960 --> 00:47:20,460 professional gamblers 1172 00:47:18,059 --> 00:47:21,900 that's weird uh being recognized now and 1173 00:47:20,460 --> 00:47:23,579 uh being the person I was always the 1174 00:47:21,900 --> 00:47:25,079 person that's like oh yeah look at uh 1175 00:47:23,579 --> 00:47:26,579 there's uh Barry Greenstein there's 1176 00:47:25,079 --> 00:47:28,318 Daniel ground and there's Phil Ivey 1177 00:47:26,579 --> 00:47:30,300 there's all these people that you see on 1178 00:47:28,318 --> 00:47:31,920 TV and you're like it's giving a chance 1179 00:47:30,300 --> 00:47:33,119 to meet them and I would be like one of 1180 00:47:31,920 --> 00:47:33,960 those people where people come up to me 1181 00:47:33,119 --> 00:47:35,220 and 1182 00:47:33,960 --> 00:47:37,380 it's all been surreal and it's all 1183 00:47:35,219 --> 00:47:39,000 happened so fast 1184 00:47:37,380 --> 00:47:40,680 that's the American dream baby that's it 1185 00:47:39,000 --> 00:47:42,179 right there yeah 20 years ago they 1186 00:47:40,679 --> 00:47:44,460 wouldn't even admit what they do for a 1187 00:47:42,179 --> 00:47:47,759 living and now people want you know 1188 00:47:44,460 --> 00:47:49,920 people climber for the autograph 1189 00:47:47,760 --> 00:47:52,680 look one day you can be sitting on your 1190 00:47:49,920 --> 00:47:54,300 couch watching the best poker players in 1191 00:47:52,679 --> 00:47:57,239 the world play on the World Poker Tour 1192 00:47:54,300 --> 00:47:59,519 and the next week literally you can go 1193 00:47:57,239 --> 00:48:02,579 and sit down and compete with those guys 1194 00:47:59,519 --> 00:48:06,070 and unlike any other sport you could win 1195 00:48:02,579 --> 00:48:06,069 [Music] 1196 00:48:06,119 --> 00:48:09,660 to good and bad of Television is 1197 00:48:07,980 --> 00:48:10,920 television made everybody a movie star 1198 00:48:09,659 --> 00:48:13,078 he put somebody in front of the camera 1199 00:48:10,920 --> 00:48:15,659 they want to be a ham they want to look 1200 00:48:13,079 --> 00:48:17,460 five minutes out of hand where folk is 1201 00:48:15,659 --> 00:48:19,980 very simple either you're in 1202 00:48:17,460 --> 00:48:23,720 you're out or you're raised does it take 1203 00:48:19,980 --> 00:48:23,719 you 15 minutes to make these decisions 1204 00:48:24,838 --> 00:48:28,199 there are so many huge differences 1205 00:48:26,760 --> 00:48:30,359 between the people who were doing this 1206 00:48:28,199 --> 00:48:32,578 before 2003 and the people who came into 1207 00:48:30,358 --> 00:48:34,799 it after 2003 in terms of attitude and 1208 00:48:32,579 --> 00:48:37,680 there are people who are clearly 1209 00:48:34,800 --> 00:48:39,599 performing for TV 1210 00:48:37,679 --> 00:48:41,460 they come in with these glasses or 1211 00:48:39,599 --> 00:48:43,380 backwards cap and they're coming with 1212 00:48:41,460 --> 00:48:44,579 all these little tchotchkes they're 1213 00:48:43,380 --> 00:48:47,160 wrestles 1214 00:48:44,579 --> 00:48:50,160 okay they're complete jerks I hate 1215 00:48:47,159 --> 00:48:51,960 sunglasses I think sunglasses should be 1216 00:48:50,159 --> 00:48:53,699 banned from poker 1217 00:48:51,960 --> 00:48:56,460 the young kids like you know with the 1218 00:48:53,699 --> 00:48:59,639 glasses and the doll glasses and the bag 1219 00:48:56,460 --> 00:49:02,460 was hot so the few that I know 1220 00:48:59,639 --> 00:49:04,679 socially they're like inept they're like 1221 00:49:02,460 --> 00:49:07,440 [ __ ] you don't look at those guys 1222 00:49:04,679 --> 00:49:09,480 and it's like watching you know George 1223 00:49:07,440 --> 00:49:11,400 Clooney and Brad Pitt in Ocean's 11. 1224 00:49:09,480 --> 00:49:14,639 it's like watching guys your exact human 1225 00:49:11,400 --> 00:49:17,160 scale and and you just think like that 1226 00:49:14,639 --> 00:49:19,799 guy people wanna people wanna be famous 1227 00:49:17,159 --> 00:49:22,679 too and you go what I mean you want to 1228 00:49:19,800 --> 00:49:24,660 what I want to be famous what does that 1229 00:49:22,679 --> 00:49:26,399 mean you want to be famous for what I 1230 00:49:24,659 --> 00:49:28,078 don't know I just want to be famous and 1231 00:49:26,400 --> 00:49:31,079 you go like well 1232 00:49:28,079 --> 00:49:32,818 okay the old time gamblers what made 1233 00:49:31,079 --> 00:49:34,859 them so interesting was that they were 1234 00:49:32,818 --> 00:49:38,039 operating out on the edge 1235 00:49:34,858 --> 00:49:38,960 you know they were on the dark side and 1236 00:49:38,039 --> 00:49:41,519 today 1237 00:49:38,960 --> 00:49:44,420 you know it's watching a guy filling up 1238 00:49:41,519 --> 00:49:44,420 the gas at the station 1239 00:49:44,699 --> 00:49:50,578 you know I don't understand it I in the 1240 00:49:47,219 --> 00:49:53,879 old days what is now Texas Hold'em was a 1241 00:49:50,579 --> 00:49:55,260 game that was developed by the Riverboat 1242 00:49:53,880 --> 00:49:59,039 gamblers 1243 00:49:55,260 --> 00:50:02,520 the skin the unsuspecting guy 1244 00:49:59,039 --> 00:50:04,338 now television is using it to skin us at 1245 00:50:02,519 --> 00:50:08,838 the end of the day I would bet anything 1246 00:50:04,338 --> 00:50:08,838 that this is simply a fad 1247 00:50:24,838 --> 00:50:26,838 Ed 1248 00:50:35,480 --> 00:50:40,139 well you know I went for four months 1249 00:50:39,059 --> 00:50:41,639 without incoming I had a good run 1250 00:50:40,139 --> 00:50:42,598 playing poker but still doesn't make up 1251 00:50:41,639 --> 00:50:45,900 for 1252 00:50:42,599 --> 00:50:48,599 no income money was a hoot I mean he's 1253 00:50:45,900 --> 00:50:51,119 he's just a great guy and we hired him 1254 00:50:48,599 --> 00:50:53,579 to do our accounting he was basically 1255 00:50:51,119 --> 00:50:55,740 our comptroller handled all the books 1256 00:50:53,579 --> 00:50:56,940 for the restaurants I got that job my 1257 00:50:55,739 --> 00:50:58,979 old boss 1258 00:50:56,940 --> 00:51:00,240 um wanted me to go in for a Consulting 1259 00:50:58,980 --> 00:51:01,800 gig just to get some money you know 1260 00:51:00,239 --> 00:51:04,029 they're going to pay me a Consulting gig 1261 00:51:01,800 --> 00:51:05,400 to come into this restaurant he he 1262 00:51:04,030 --> 00:51:07,500 [Music] 1263 00:51:05,400 --> 00:51:09,539 tied playing poker online than he 1264 00:51:07,500 --> 00:51:11,699 actually did doing the books I mean he 1265 00:51:09,539 --> 00:51:14,630 you know that was his passion more so 1266 00:51:11,699 --> 00:51:17,000 than accounting I can guarantee you that 1267 00:51:14,630 --> 00:51:19,920 [Music] 1268 00:51:17,000 --> 00:51:22,260 I had 60 bucks to my account I play a 39 1269 00:51:19,920 --> 00:51:23,400 tournament poker stores and when I 1270 00:51:22,260 --> 00:51:25,920 signed up I thought it was a cash 1271 00:51:23,400 --> 00:51:27,180 tournament and uh found out that you 1272 00:51:25,920 --> 00:51:29,220 have to win the whole thing to get a 1273 00:51:27,179 --> 00:51:30,838 seat to the next week which got you a 1274 00:51:29,219 --> 00:51:32,098 seat into the World Series 1275 00:51:30,838 --> 00:51:33,239 I was trying to get eight thousand 1276 00:51:32,099 --> 00:51:34,920 dollars eight thousand dollars paid off 1277 00:51:33,239 --> 00:51:36,479 my credit card when you get down the 1278 00:51:34,920 --> 00:51:37,740 final table I was the chip leader and 1279 00:51:36,480 --> 00:51:39,358 when you play these things you talk 1280 00:51:37,739 --> 00:51:41,399 deals at the end they're giving away 1281 00:51:39,358 --> 00:51:42,598 three seats to the main event of the 1282 00:51:41,400 --> 00:51:44,280 World Series and the fourth place is 1283 00:51:42,599 --> 00:51:46,260 eight thousand dollars in cash the seat 1284 00:51:44,280 --> 00:51:48,119 was ten thousand dollars but if you win 1285 00:51:46,260 --> 00:51:50,819 a seat you can't sell the seat you have 1286 00:51:48,119 --> 00:51:53,039 to take the seat and you have to play 1287 00:51:50,818 --> 00:51:55,199 um so I get no cash for that 1288 00:51:53,039 --> 00:51:56,519 so what I try to do is talk deal with 1289 00:51:55,199 --> 00:51:57,899 people when we go down to six hands say 1290 00:51:56,519 --> 00:52:00,719 I just want the eight thousand dollars 1291 00:51:57,900 --> 00:52:03,059 and I'll go away so I started to give my 1292 00:52:00,719 --> 00:52:04,739 chips away slowly trying to make sure 1293 00:52:03,059 --> 00:52:07,500 I've lasted long enough to get down to 1294 00:52:04,739 --> 00:52:10,078 four people but at the same time not 1295 00:52:07,500 --> 00:52:11,519 have a whole lot of chips My Buddy saw 1296 00:52:10,079 --> 00:52:13,440 that I was trying to make the deal on 1297 00:52:11,519 --> 00:52:15,358 he's watching on his computer at another 1298 00:52:13,440 --> 00:52:16,980 place so he called me and said I'll give 1299 00:52:15,358 --> 00:52:18,659 you five thousand dollars I'll take half 1300 00:52:16,980 --> 00:52:19,559 your action in the tournament plus they 1301 00:52:18,659 --> 00:52:20,879 give you a thousand dollars for 1302 00:52:19,559 --> 00:52:23,160 traveling especially sort of six 1303 00:52:20,880 --> 00:52:24,420 thousand and this was like man you gotta 1304 00:52:23,159 --> 00:52:26,399 go do this you've got to get in the 1305 00:52:24,420 --> 00:52:28,260 World Series you're right there this is 1306 00:52:26,400 --> 00:52:31,440 your chance 1307 00:52:28,260 --> 00:52:33,180 so I end up winning the seat uh I was 1308 00:52:31,440 --> 00:52:34,318 ecstatic about wanting to see you know I 1309 00:52:33,179 --> 00:52:36,358 get to go pointing the World Series of 1310 00:52:34,318 --> 00:52:37,739 Poker 1311 00:52:36,358 --> 00:52:39,480 buddy calls me up a little bit later 1312 00:52:37,739 --> 00:52:41,399 said that 5 000 that you hope that I 1313 00:52:39,480 --> 00:52:43,679 have for you I I don't have it I had a 1314 00:52:41,400 --> 00:52:46,619 bad run I don't have it you know 1315 00:52:43,679 --> 00:52:49,759 obviously and now I'm furious I have a 1316 00:52:46,619 --> 00:52:49,760 seat with no cash 1317 00:52:51,599 --> 00:52:55,380 Danny negranu and welcome to PokerStars 1318 00:52:53,639 --> 00:52:58,379 the world's largest online poker site 1319 00:52:55,380 --> 00:53:01,800 the internet absolutely changed 1320 00:52:58,380 --> 00:53:05,160 everything I I call what happened to 1321 00:53:01,800 --> 00:53:07,140 poker in the in the post internet age a 1322 00:53:05,159 --> 00:53:09,358 sonic boom I mean literally it was like 1323 00:53:07,139 --> 00:53:11,699 boom 1324 00:53:09,358 --> 00:53:14,159 my sense is rounders gave people the 1325 00:53:11,699 --> 00:53:16,558 vocabulary the vernacular and then the 1326 00:53:14,159 --> 00:53:18,598 whole cam LED people inside of the 1327 00:53:16,559 --> 00:53:21,599 thought process and let people think oh 1328 00:53:18,599 --> 00:53:23,099 I get it I love watching these people I 1329 00:53:21,599 --> 00:53:25,380 want to be a part of it and then they 1330 00:53:23,099 --> 00:53:27,180 were able to go to their computers and 1331 00:53:25,380 --> 00:53:31,619 they didn't have to take the risk in 1332 00:53:27,179 --> 00:53:33,419 public switch on log on money in boom 1333 00:53:31,619 --> 00:53:36,000 I'm playing poker I mean that is just 1334 00:53:33,420 --> 00:53:37,019 genius and you know not to get on a 1335 00:53:36,000 --> 00:53:38,818 plane 1336 00:53:37,019 --> 00:53:44,420 you don't have to drive to the airport 1337 00:53:38,818 --> 00:53:48,019 pay for the hotel tip the dealers it's 1338 00:53:44,420 --> 00:53:48,019 stunningly convenient 1339 00:53:50,400 --> 00:53:56,818 in the mid 90s the internet poker world 1340 00:53:54,358 --> 00:53:58,920 started up there was a one site that 1341 00:53:56,818 --> 00:54:00,239 started up with a little tiny site and 1342 00:53:58,920 --> 00:54:01,740 people started hearing about it it was 1343 00:54:00,239 --> 00:54:02,519 word of mouth in the poker rooms then 1344 00:54:01,739 --> 00:54:05,159 they started taking a couple 1345 00:54:02,519 --> 00:54:06,838 advertisements and magazines and even I 1346 00:54:05,159 --> 00:54:08,338 thought I was kind of you know how can 1347 00:54:06,838 --> 00:54:10,500 you trust the internet the cyberspace 1348 00:54:08,338 --> 00:54:12,719 back then I wasn't quite sure what to 1349 00:54:10,500 --> 00:54:14,039 make of it or if it would catch on I 1350 00:54:12,719 --> 00:54:15,959 thought it was a joke you know people 1351 00:54:14,039 --> 00:54:18,779 playing online who was going to play 1352 00:54:15,960 --> 00:54:20,699 online when you can't see the person I 1353 00:54:18,780 --> 00:54:22,319 mean isn't the isn't it the biggest part 1354 00:54:20,699 --> 00:54:23,818 of Poker looking somebody in the eyes 1355 00:54:22,318 --> 00:54:26,099 all of a sudden one day you're looking 1356 00:54:23,818 --> 00:54:28,079 as a thousand people online and you look 1357 00:54:26,099 --> 00:54:30,480 a few months later there's 20 000 people 1358 00:54:28,079 --> 00:54:33,839 online sure enough I was proven wrong 1359 00:54:30,480 --> 00:54:36,300 again originally I wasn't a fan of 1360 00:54:33,838 --> 00:54:40,199 Internet poker either because my very 1361 00:54:36,300 --> 00:54:42,660 first columns on the subject warned of 1362 00:54:40,199 --> 00:54:45,358 cheating let's just see if I have the 1363 00:54:42,659 --> 00:54:48,058 concept down you start off by sending a 1364 00:54:45,358 --> 00:54:50,159 big chunk of your cash to somebody 1365 00:54:48,059 --> 00:54:51,960 in cyberspace 1366 00:54:50,159 --> 00:54:52,920 and then you call them up on the 1367 00:54:51,960 --> 00:54:55,559 telephone 1368 00:54:52,920 --> 00:54:57,838 and then he shows you a pictures of 1369 00:54:55,559 --> 00:55:00,359 of some playing cards he claims you have 1370 00:54:57,838 --> 00:55:01,739 and pictures of playing cards he claims 1371 00:55:00,358 --> 00:55:03,119 he has 1372 00:55:01,739 --> 00:55:04,379 and then he tells you whether you're 1373 00:55:03,119 --> 00:55:06,960 lost 1374 00:55:04,380 --> 00:55:09,838 and whether you should send more money 1375 00:55:06,960 --> 00:55:12,119 you are playing against a computer you 1376 00:55:09,838 --> 00:55:13,380 are playing against somebody you don't 1377 00:55:12,119 --> 00:55:15,900 know 1378 00:55:13,380 --> 00:55:17,940 and don't tell me that someone's not 1379 00:55:15,900 --> 00:55:20,880 going to take that edge I really watch 1380 00:55:17,940 --> 00:55:22,318 the online World develop back in 1989 1381 00:55:20,880 --> 00:55:24,240 when I played when I was actually 1382 00:55:22,318 --> 00:55:27,900 playing for play money there was no real 1383 00:55:24,239 --> 00:55:30,118 money involved then Along come the real 1384 00:55:27,900 --> 00:55:31,980 money sites the first turn on poker site 1385 00:55:30,119 --> 00:55:33,059 was a site called Planet poker it's 1386 00:55:31,980 --> 00:55:34,440 surprising you don't hear about planet 1387 00:55:33,059 --> 00:55:37,140 poker anymore because they should have 1388 00:55:34,440 --> 00:55:38,940 had the entire industry and Planet poker 1389 00:55:37,139 --> 00:55:40,440 stumble along their software really 1390 00:55:38,940 --> 00:55:42,358 wasn't very efficient so they'd crash 1391 00:55:40,440 --> 00:55:44,940 all the time then Along Comes Paradise 1392 00:55:42,358 --> 00:55:46,139 poker and Paradise poker now was the 1393 00:55:44,940 --> 00:55:48,480 king of the universe 1394 00:55:46,139 --> 00:55:50,578 then Along Comes This upstart called 1395 00:55:48,480 --> 00:55:52,800 Party Poker an opportunity came up for 1396 00:55:50,579 --> 00:55:54,780 me to go to work for this company it was 1397 00:55:52,800 --> 00:55:55,859 going to develop the software for a 1398 00:55:54,780 --> 00:55:58,140 company that became known as 1399 00:55:55,858 --> 00:55:59,639 partypoper.com I'm actually the one that 1400 00:55:58,139 --> 00:56:01,679 said this is the name you need they had 1401 00:55:59,639 --> 00:56:03,058 six domain names picked out for this 1402 00:56:01,679 --> 00:56:04,919 site and they said which one do you like 1403 00:56:03,059 --> 00:56:07,200 when I got to India I said well this is 1404 00:56:04,920 --> 00:56:10,200 a no-brainer Party Poker and that was 1405 00:56:07,199 --> 00:56:12,598 how Party Poker got launched the the 1406 00:56:10,199 --> 00:56:15,358 butler bubbles um you know throughout 1407 00:56:12,599 --> 00:56:18,420 history the.com bubble for example at 1408 00:56:15,358 --> 00:56:22,980 the end of the 1990s and so on where you 1409 00:56:18,420 --> 00:56:25,740 had a wild speculation based on the 1410 00:56:22,980 --> 00:56:29,579 returns of a few successful Enterprises 1411 00:56:25,739 --> 00:56:31,029 fueled us irrational exuberance 1412 00:56:29,579 --> 00:56:47,849 foreign 1413 00:56:31,030 --> 00:56:47,849 [Music] 1414 00:56:48,679 --> 00:56:56,399 maybe 2001 an Indian guy named anurag 1415 00:56:53,460 --> 00:56:59,039 Dixit wrote The Party Poker platform 1416 00:56:56,400 --> 00:57:00,780 which became the largest site in the 1417 00:56:59,039 --> 00:57:02,759 world by far it grew faster than 1418 00:57:00,780 --> 00:57:04,980 Microsoft or any other company in that 1419 00:57:02,760 --> 00:57:07,140 world and the lady that hired me her 1420 00:57:04,980 --> 00:57:08,519 name was Ruth parasol who started the 1421 00:57:07,139 --> 00:57:10,139 company became the most successful 1422 00:57:08,519 --> 00:57:12,599 businesswoman in the history of the 1423 00:57:10,139 --> 00:57:14,639 Earth with no outside investors and in 1424 00:57:12,599 --> 00:57:16,920 less than four years went public for 1425 00:57:14,639 --> 00:57:19,558 nine billion dollars with a B Party 1426 00:57:16,920 --> 00:57:21,659 Poker was by far the biggest in the 1427 00:57:19,559 --> 00:57:23,760 world they were Coca-Cola of online 1428 00:57:21,659 --> 00:57:25,440 poker McDonald's of online poker that 1429 00:57:23,760 --> 00:57:28,460 type of company and growing and becoming 1430 00:57:25,440 --> 00:57:28,460 that big of an entity 1431 00:57:28,800 --> 00:57:33,240 eventually PokerStars came on and I 1432 00:57:32,338 --> 00:57:35,159 think they took it a little more 1433 00:57:33,239 --> 00:57:36,779 seriously I think their software is 1434 00:57:35,159 --> 00:57:39,259 better I created PokerStars be 1435 00:57:36,780 --> 00:57:42,119 introducing online poker tournaments 1436 00:57:39,260 --> 00:57:45,000 the boardroom table and the poker table 1437 00:57:42,119 --> 00:57:47,700 and then Along Comes Full Tilt Poker and 1438 00:57:45,000 --> 00:57:49,440 I think you know Full Tilt Poker I 1439 00:57:47,699 --> 00:57:51,179 helped design the software photo poker I 1440 00:57:49,440 --> 00:57:52,619 believe well so I have to say I believe 1441 00:57:51,179 --> 00:57:54,179 we have the best offer and I really 1442 00:57:52,619 --> 00:57:57,059 believe we do 1443 00:57:54,179 --> 00:57:58,858 fully leveraged reading risk and reward 1444 00:57:57,059 --> 00:58:00,420 here isn't much different than reading 1445 00:57:58,858 --> 00:58:02,039 it on a spreadsheet 1446 00:58:00,420 --> 00:58:04,980 we play because poker's like business 1447 00:58:02,039 --> 00:58:07,199 you know the software development and 1448 00:58:04,980 --> 00:58:09,179 the marketing were you know we're led by 1449 00:58:07,199 --> 00:58:11,159 a lot of people who understood poker for 1450 00:58:09,179 --> 00:58:13,318 the first time you know really 1451 00:58:11,159 --> 00:58:15,299 none of the other poker sites that came 1452 00:58:13,318 --> 00:58:16,318 before Full Tilt 1453 00:58:15,300 --> 00:58:21,660 um 1454 00:58:16,318 --> 00:58:24,179 were run by poker players and if you're 1455 00:58:21,659 --> 00:58:25,719 a poker player then you should be 1456 00:58:24,179 --> 00:58:28,379 playing there 1457 00:58:25,719 --> 00:58:30,239 [Music] 1458 00:58:28,380 --> 00:58:32,940 I don't think that there's an important 1459 00:58:30,239 --> 00:58:35,279 human activity that didn't find its way 1460 00:58:32,940 --> 00:58:36,720 on the internet right you know some of 1461 00:58:35,280 --> 00:58:39,140 those things 1462 00:58:36,719 --> 00:58:41,519 just turned out not to be particularly 1463 00:58:39,139 --> 00:58:43,500 interesting or functional like buying 1464 00:58:41,519 --> 00:58:44,838 groceries and some of those things 1465 00:58:43,500 --> 00:58:47,519 turned into porn 1466 00:58:44,838 --> 00:58:49,380 you know but maybe one notch below porn 1467 00:58:47,519 --> 00:58:50,818 in terms of popularity 1468 00:58:49,380 --> 00:58:53,338 it's poke 1469 00:58:50,818 --> 00:58:55,199 early on internet players were kind of 1470 00:58:53,338 --> 00:58:57,539 scoffed at oh he's just an internet 1471 00:58:55,199 --> 00:58:59,219 player was was really an insult and I 1472 00:58:57,539 --> 00:59:01,079 really think that's all changed I'm an 1473 00:58:59,219 --> 00:59:02,818 old school poker player you know I'm a 1474 00:59:01,079 --> 00:59:04,380 guy that likes to play live poker where 1475 00:59:02,818 --> 00:59:06,298 you can look your opponent in the eye 1476 00:59:04,380 --> 00:59:10,079 when you don't get that opportunity when 1477 00:59:06,298 --> 00:59:11,579 you play online poker and I'm highly 1478 00:59:10,079 --> 00:59:13,680 impressed with the young online kids 1479 00:59:11,579 --> 00:59:15,539 that are now coming into the real poker 1480 00:59:13,679 --> 00:59:17,838 World these guys are phenomenal poker 1481 00:59:15,539 --> 00:59:17,838 players 1482 00:59:20,000 --> 00:59:26,699 if it wasn't for the internet some of 1483 00:59:22,980 --> 00:59:29,699 this new breed wouldn't be around today 1484 00:59:26,699 --> 00:59:32,759 the the game became so big over the past 1485 00:59:29,699 --> 00:59:35,399 five years and and the the prize pools 1486 00:59:32,760 --> 00:59:38,280 were so big that they they don't 1487 00:59:35,400 --> 00:59:39,780 appreciate the fact that the older 1488 00:59:38,280 --> 00:59:42,859 players 1489 00:59:39,780 --> 00:59:42,859 had to work for it 1490 00:59:42,900 --> 00:59:45,960 I have a lot of respect for the kids 1491 00:59:44,460 --> 00:59:48,298 that you know that kind of grew up 1492 00:59:45,960 --> 00:59:49,920 online playing poker I think it's very 1493 00:59:48,298 --> 00:59:52,559 cool I mean when you think that you can 1494 00:59:49,920 --> 00:59:55,019 sit behind your computer and you can you 1495 00:59:52,559 --> 00:59:57,480 know pay all your bills just by your 1496 00:59:55,019 --> 00:59:59,159 mind beating somebody else's mind it's a 1497 00:59:57,480 --> 01:00:01,139 beautiful concept I guess when you play 1498 00:59:59,159 --> 01:00:03,000 poker as a living then you don't have 1499 01:00:01,139 --> 01:00:05,039 any bus you're your own bus and I think 1500 01:00:03,000 --> 01:00:06,780 that's what a lot of people like about 1501 01:00:05,039 --> 01:00:08,880 it my goal was to make enough money to 1502 01:00:06,780 --> 01:00:10,380 pay for a shore house that somewhere 1503 01:00:08,880 --> 01:00:13,079 with friends 1504 01:00:10,380 --> 01:00:14,579 I guess I did that and more and all the 1505 01:00:13,079 --> 01:00:17,099 other stuff that came after that was uh 1506 01:00:14,579 --> 01:00:19,318 just a pleasant surprise I'm 22 and 1507 01:00:17,099 --> 01:00:23,220 poker's allowed me to play uh in Vegas 1508 01:00:19,318 --> 01:00:25,739 in London and Barcelona and Aruba Costa 1509 01:00:23,219 --> 01:00:28,199 Rica and now I play um eight high-stakes 1510 01:00:25,739 --> 01:00:30,000 cash games at once online and I've 1511 01:00:28,199 --> 01:00:32,759 vlogged like way over a million hands 1512 01:00:30,000 --> 01:00:34,679 online poker is the great equalizer so 1513 01:00:32,760 --> 01:00:36,420 that you can really crush the learning 1514 01:00:34,679 --> 01:00:37,798 curve this is why you can have young 1515 01:00:36,420 --> 01:00:40,500 kids 1516 01:00:37,798 --> 01:00:43,318 who who just played online actually have 1517 01:00:40,500 --> 01:00:44,760 more experience than some Old Pros let 1518 01:00:43,318 --> 01:00:46,318 me tell you how the internet screwed up 1519 01:00:44,760 --> 01:00:49,140 poker okay 1520 01:00:46,318 --> 01:00:49,798 when a guy sucks out on the river on the 1521 01:00:49,139 --> 01:00:51,420 internet 1522 01:00:49,798 --> 01:00:53,099 you cannot take the guy out in the 1523 01:00:51,420 --> 01:00:55,818 parking lot and you cannot break his 1524 01:00:53,099 --> 01:00:55,818 [ __ ] knees 1525 01:00:56,099 --> 01:00:59,880 My Generation kind of gets a bad rap in 1526 01:00:57,960 --> 01:01:01,380 the poker industry like you know oh 1527 01:00:59,880 --> 01:01:03,298 those young internet kids who had all 1528 01:01:01,380 --> 01:01:05,338 that success they can sometimes be cocky 1529 01:01:03,298 --> 01:01:07,858 they can sometimes be a little arrogant 1530 01:01:05,338 --> 01:01:11,460 they can sometimes uh be a little more 1531 01:01:07,858 --> 01:01:14,578 blase about the game maybe have a lot 1532 01:01:11,460 --> 01:01:15,480 less respect for the money and how it 1533 01:01:14,579 --> 01:01:17,760 was earned because it wasn't really 1534 01:01:15,480 --> 01:01:19,619 earned we kind of got it quickly right 1535 01:01:17,760 --> 01:01:21,299 it's a great way to do life right I mean 1536 01:01:19,619 --> 01:01:23,579 you can have success at the young age 1537 01:01:21,298 --> 01:01:25,440 and you can have the energy and the 1538 01:01:23,579 --> 01:01:28,318 youth and exuberance to be able to enjoy 1539 01:01:25,440 --> 01:01:31,200 it for once my generation has it right 1540 01:01:28,318 --> 01:01:33,420 the people especially the young guys who 1541 01:01:31,199 --> 01:01:34,798 are coming along thinking I'm a good 1542 01:01:33,420 --> 01:01:35,880 poker player I'm going to win a big 1543 01:01:34,798 --> 01:01:38,099 tournament and then I'm going to be a 1544 01:01:35,880 --> 01:01:40,559 poker celebrity and then I'm going to 1545 01:01:38,099 --> 01:01:41,220 get paid to make appearances and you 1546 01:01:40,559 --> 01:01:42,720 know 1547 01:01:41,219 --> 01:01:44,639 PokerStars are one of the other big 1548 01:01:42,719 --> 01:01:46,279 sites is going to pay me big bucks to 1549 01:01:44,639 --> 01:01:49,558 represent them 1550 01:01:46,280 --> 01:01:52,319 you know that that era is gone already I 1551 01:01:49,559 --> 01:01:55,019 guarantee you 50 percent of the players 1552 01:01:52,318 --> 01:01:56,519 here in this room think they're 1553 01:01:55,019 --> 01:01:59,338 eventually going to hit their American 1554 01:01:56,519 --> 01:02:01,639 Dream through poker and it's not going 1555 01:01:59,338 --> 01:02:01,639 to happen 1556 01:02:13,380 --> 01:02:16,338 scary thing 1557 01:02:21,190 --> 01:02:29,460 [Music] 1558 01:02:27,298 --> 01:02:31,920 I think it's really 1559 01:02:29,460 --> 01:02:34,858 it's like crying shame what happened 1560 01:02:31,920 --> 01:02:36,838 when Bill Frist like kind of threw this 1561 01:02:34,858 --> 01:02:39,500 bill back door it was really seedy and 1562 01:02:36,838 --> 01:02:42,058 really dirty well you know I I see the 1563 01:02:39,500 --> 01:02:43,440 uigea is one of the great pieces of 1564 01:02:42,059 --> 01:02:45,839 political hackery 1565 01:02:43,440 --> 01:02:47,338 that we've seen in a long time these 1566 01:02:45,838 --> 01:02:49,858 people our months are moral 1567 01:02:47,338 --> 01:02:51,239 monstrosities really just kind of scummy 1568 01:02:49,858 --> 01:02:53,039 politics to do it the way that he did 1569 01:02:51,239 --> 01:02:55,858 but he basically essentially it's called 1570 01:02:53,039 --> 01:02:57,779 the unlawful internet gaming Enforcement 1571 01:02:55,858 --> 01:02:59,639 Act which he tacked on to a port 1572 01:02:57,780 --> 01:03:01,440 security bill which has nothing to do 1573 01:02:59,639 --> 01:03:02,818 with like guys playing poker on the 1574 01:03:01,440 --> 01:03:05,338 internet in their underwear but he was 1575 01:03:02,818 --> 01:03:07,679 able to do it at like the 11th Hour 1576 01:03:05,338 --> 01:03:09,539 I call it the Midnight Express that was 1577 01:03:07,679 --> 01:03:12,659 snuck through in midnight and attached 1578 01:03:09,539 --> 01:03:14,639 to the port security Bill why it 1579 01:03:12,659 --> 01:03:16,618 specifically said 1580 01:03:14,639 --> 01:03:19,739 you cannot use the internet for playing 1581 01:03:16,619 --> 01:03:22,079 poker I mean basically the UI Gea no one 1582 01:03:19,739 --> 01:03:24,838 saw this coming after the uig EA got 1583 01:03:22,079 --> 01:03:26,339 passed the executives for Party Poker 1584 01:03:24,838 --> 01:03:28,500 decided to pull out of the United States 1585 01:03:26,338 --> 01:03:30,960 saying goodbye to 85 percent of their 1586 01:03:28,500 --> 01:03:32,519 customer base their lawyers advised them 1587 01:03:30,960 --> 01:03:34,798 that you know what you're doing may be a 1588 01:03:32,519 --> 01:03:36,599 gray area may be deemed illegal sometime 1589 01:03:34,798 --> 01:03:38,338 where shareholders could sue you and 1590 01:03:36,599 --> 01:03:40,318 you'll lose back all your money so in 1591 01:03:38,338 --> 01:03:42,179 truth all the publicly traded companies 1592 01:03:40,318 --> 01:03:43,739 that were associated with online gaming 1593 01:03:42,179 --> 01:03:45,058 sites pulled out of the United States 1594 01:03:43,739 --> 01:03:47,519 back when they passed that law in 1595 01:03:45,059 --> 01:03:49,500 October 2006 and all the privately held 1596 01:03:47,519 --> 01:03:50,759 companies did not it's made it harder 1597 01:03:49,500 --> 01:03:51,838 for people to get their money on the 1598 01:03:50,760 --> 01:03:54,119 sites 1599 01:03:51,838 --> 01:03:56,159 and it and it's actually scared some of 1600 01:03:54,119 --> 01:03:57,480 the sites out of the U.S market if they 1601 01:03:56,159 --> 01:03:58,920 fly into the United States the people 1602 01:03:57,480 --> 01:04:00,960 that are the owner owners of the 1603 01:03:58,920 --> 01:04:03,838 companies or even even board members 1604 01:04:00,960 --> 01:04:07,619 they're being arrested on site so uh 1605 01:04:03,838 --> 01:04:08,940 they have uh taken their money and run 1606 01:04:07,619 --> 01:04:11,400 all right 1607 01:04:08,940 --> 01:04:14,579 those are the only Republicans 1608 01:04:11,400 --> 01:04:17,099 many of my friends in the Congress voted 1609 01:04:14,579 --> 01:04:20,940 for this bill because they said well 1610 01:04:17,099 --> 01:04:24,420 this way we can stop young people 1611 01:04:20,940 --> 01:04:26,220 from coming in from doing something they 1612 01:04:24,420 --> 01:04:29,338 really shouldn't be a 16 year old kid 1613 01:04:26,219 --> 01:04:31,618 who's gambling Etc at the same time as 1614 01:04:29,338 --> 01:04:34,619 it's horse racing we're carving that out 1615 01:04:31,619 --> 01:04:36,240 you can bet on horse racing or you can 1616 01:04:34,619 --> 01:04:39,059 play blackjack or you can buy lottery 1617 01:04:36,239 --> 01:04:40,679 tickets where you have almost no chance 1618 01:04:39,059 --> 01:04:42,720 of winning and there's no skill involved 1619 01:04:40,679 --> 01:04:44,098 but you can't play poker yeah I mean the 1620 01:04:42,719 --> 01:04:45,899 real thing is whether or not it gets 1621 01:04:44,099 --> 01:04:48,119 separated out from other forms of 1622 01:04:45,900 --> 01:04:49,559 gambling which which I think it deserves 1623 01:04:48,119 --> 01:04:51,780 to 1624 01:04:49,559 --> 01:04:54,119 poker does exist in a sort of 1625 01:04:51,780 --> 01:04:56,819 interesting world as far as its legal 1626 01:04:54,119 --> 01:04:58,559 status goes the companies that have that 1627 01:04:56,818 --> 01:05:00,659 operate online poker have long argue 1628 01:04:58,559 --> 01:05:02,280 that it's a game of skill and part and 1629 01:05:00,659 --> 01:05:06,179 not purely a game of chance and 1630 01:05:02,280 --> 01:05:09,359 therefore is not illegal not separate 1631 01:05:06,179 --> 01:05:11,639 from other gam casino games as far as 1632 01:05:09,358 --> 01:05:13,980 its status and you know whether you can 1633 01:05:11,639 --> 01:05:16,440 play it over the Internet the government 1634 01:05:13,980 --> 01:05:19,019 clearly does not take that view the 1635 01:05:16,440 --> 01:05:21,780 online poker is something that is not 1636 01:05:19,019 --> 01:05:23,940 outlawed by any federal law the UI Gea 1637 01:05:21,780 --> 01:05:25,380 didn't make anything illegal that was 1638 01:05:23,940 --> 01:05:27,298 previously legal so it didn't change the 1639 01:05:25,380 --> 01:05:29,220 law it changed some of the enforcements 1640 01:05:27,298 --> 01:05:31,739 of the law you've got all these kind of 1641 01:05:29,219 --> 01:05:35,039 entrenched gambling interests that you 1642 01:05:31,739 --> 01:05:37,618 can't really write an effective law 1643 01:05:35,039 --> 01:05:39,058 that would truly Outlaw something like 1644 01:05:37,619 --> 01:05:42,059 Poco without affecting these other 1645 01:05:39,059 --> 01:05:45,540 things so instead they decided to punt 1646 01:05:42,059 --> 01:05:48,119 and just try and write a vague law 1647 01:05:45,539 --> 01:05:50,579 that would scare Banks you also have 1648 01:05:48,119 --> 01:05:53,220 sort of a dispute over the 1649 01:05:50,579 --> 01:05:56,818 interpretation of a law called The Wire 1650 01:05:53,219 --> 01:05:59,159 act it was passed in 1961 and this law 1651 01:05:56,818 --> 01:06:01,739 you know is used by the government often 1652 01:05:59,159 --> 01:06:04,379 to apply to online gambling including 1653 01:06:01,739 --> 01:06:06,298 online poker and the wire act says 1654 01:06:04,380 --> 01:06:08,760 basically in a nutshell that you're not 1655 01:06:06,298 --> 01:06:11,099 allowed to bet on Sports you know across 1656 01:06:08,760 --> 01:06:13,380 state lines over the telephone 1657 01:06:11,099 --> 01:06:15,180 now how is playing poker where you're 1658 01:06:13,380 --> 01:06:16,619 actually making the actions poker is 1659 01:06:15,179 --> 01:06:18,239 clearly a game of skill where you 1660 01:06:16,619 --> 01:06:19,740 actually are actually making the actions 1661 01:06:18,239 --> 01:06:21,000 that make you win or lose money how is 1662 01:06:19,739 --> 01:06:23,098 that like betting on someone else's 1663 01:06:21,000 --> 01:06:25,798 sports game it's ridiculous to suggest 1664 01:06:23,099 --> 01:06:27,900 that poker is I mean I remember seeing 1665 01:06:25,798 --> 01:06:29,280 Chris Ferguson he was like I was making 1666 01:06:27,900 --> 01:06:31,440 breakfast one morning and I saw him 1667 01:06:29,280 --> 01:06:33,900 testifying in front of Congress and he 1668 01:06:31,440 --> 01:06:35,519 had taken one dollar on an Internet site 1669 01:06:33,900 --> 01:06:37,440 and he turned it into twenty thousand 1670 01:06:35,519 --> 01:06:39,599 without ever having more than 10 percent 1671 01:06:37,440 --> 01:06:41,400 of his stack at risk 1672 01:06:39,599 --> 01:06:43,260 um it's not you know I think which is 1673 01:06:41,400 --> 01:06:45,240 why it's legal in California it was 1674 01:06:43,260 --> 01:06:48,480 proven to be 1675 01:06:45,239 --> 01:06:50,279 um a game uh of skill this is not 1676 01:06:48,480 --> 01:06:54,119 something that has really been settled 1677 01:06:50,280 --> 01:06:55,680 by the Supreme Court for example 1678 01:06:54,119 --> 01:06:57,000 it's a good question is there a 1679 01:06:55,679 --> 01:06:59,460 difference between a gambler and a poker 1680 01:06:57,000 --> 01:07:01,139 player well uh you know a lot of poker 1681 01:06:59,460 --> 01:07:03,298 players take pride and they think it's 1682 01:07:01,139 --> 01:07:04,920 interesting to say you know I'm not a 1683 01:07:03,298 --> 01:07:06,358 gambler you know because I play so well 1684 01:07:04,920 --> 01:07:09,059 I'm playing within the odds so therefore 1685 01:07:06,358 --> 01:07:11,818 I'm not really gambling no wrong there's 1686 01:07:09,059 --> 01:07:14,460 also you might have the edge but many 1687 01:07:11,818 --> 01:07:16,259 things can happen over a career that put 1688 01:07:14,460 --> 01:07:17,880 yourself in that gambling mode you might 1689 01:07:16,260 --> 01:07:20,039 go broke even though you have the edge 1690 01:07:17,880 --> 01:07:22,619 so you're still gambling and don't kid 1691 01:07:20,039 --> 01:07:25,920 yourself you got to know when to hold 1692 01:07:22,619 --> 01:07:28,740 them know when to fold them know when to 1693 01:07:25,920 --> 01:07:31,680 walk away know when to run you never 1694 01:07:28,739 --> 01:07:34,199 count your money when you're sitting at 1695 01:07:31,679 --> 01:07:37,379 the table there will be time enough for 1696 01:07:34,199 --> 01:07:38,759 counting when the deal is done great 1697 01:07:37,380 --> 01:07:40,559 philosophy 1698 01:07:38,760 --> 01:07:42,480 how many of these guys have been up at 1699 01:07:40,559 --> 01:07:44,160 the top and then been busted you know 1700 01:07:42,480 --> 01:07:45,480 how many times you know it's a cyclical 1701 01:07:44,159 --> 01:07:46,980 thing because you know come on a lot of 1702 01:07:45,480 --> 01:07:48,960 these guys are sick degenerate gamblers 1703 01:07:46,980 --> 01:07:50,760 on top of being poker players you know 1704 01:07:48,960 --> 01:07:52,139 they've been you know 100 Rand or two 1705 01:07:50,760 --> 01:07:54,299 cockroaches running off the wall you 1706 01:07:52,139 --> 01:07:55,920 know so uh did I ever go broke let me 1707 01:07:54,298 --> 01:07:57,420 see you know Dole Brunson said he's been 1708 01:07:55,920 --> 01:07:59,400 broke 20 times 1709 01:07:57,420 --> 01:08:01,440 um I know I've done that yeah well 1710 01:07:59,400 --> 01:08:02,280 actually I'm broke right now let me 1711 01:08:01,440 --> 01:08:05,220 think 1712 01:08:02,280 --> 01:08:07,798 um probably close to six or seven 1713 01:08:05,219 --> 01:08:09,899 thousand times 1714 01:08:07,798 --> 01:08:11,699 wish I was broke most of the time that 1715 01:08:09,900 --> 01:08:13,858 would be at least getting me up a level 1716 01:08:11,699 --> 01:08:15,719 higher I could fill a whole room with 1717 01:08:13,858 --> 01:08:17,698 people who've gotten big scores in poker 1718 01:08:15,719 --> 01:08:19,920 and are totally broke 1719 01:08:17,698 --> 01:08:21,719 but that's no reason not to have 1720 01:08:19,920 --> 01:08:23,819 gambling I don't think and it's one of 1721 01:08:21,719 --> 01:08:26,039 the reasons why I don't have any ill 1722 01:08:23,819 --> 01:08:28,020 Wills sure I feel bad when I've taken a 1723 01:08:26,039 --> 01:08:29,640 person's last dollar 1724 01:08:28,020 --> 01:08:31,560 but the reality is I didn't make them do 1725 01:08:29,640 --> 01:08:33,359 that and I don't think I would feel any 1726 01:08:31,560 --> 01:08:35,039 less guilty if I was selling an 1727 01:08:33,359 --> 01:08:36,179 overweight person a gallon of ice cream 1728 01:08:35,039 --> 01:08:38,159 at the store 1729 01:08:36,179 --> 01:08:40,140 or if I wasn't selling cigarettes at the 1730 01:08:38,159 --> 01:08:42,778 store I mean you know people sell 1731 01:08:40,140 --> 01:08:44,400 cigarettes and could cause lung cancer 1732 01:08:42,779 --> 01:08:47,219 should I not sell cigarettes and then 1733 01:08:44,399 --> 01:08:48,778 maybe I shouldn't so you know bleach 1734 01:08:47,219 --> 01:08:50,698 white flour either because that's known 1735 01:08:48,779 --> 01:08:52,739 to give people problems as well or sugar 1736 01:08:50,698 --> 01:08:54,838 you know should I check to see if they 1737 01:08:52,738 --> 01:08:56,218 have diabetes gambling is a form of 1738 01:08:54,838 --> 01:08:58,259 entertainment and if you abuse that 1739 01:08:56,219 --> 01:08:59,460 service that we're providing as dealers 1740 01:08:58,259 --> 01:09:01,500 and casinos 1741 01:08:59,460 --> 01:09:03,420 whose fault is that any legislation 1742 01:09:01,500 --> 01:09:05,039 would almost certainly have to pass by 1743 01:09:03,420 --> 01:09:07,140 the top Republican on the house 1744 01:09:05,039 --> 01:09:09,778 Financial Services committee Spencer 1745 01:09:07,140 --> 01:09:12,719 Backus who opposes any federal right to 1746 01:09:09,779 --> 01:09:14,640 gamble and thinks it's addictive my main 1747 01:09:12,719 --> 01:09:17,239 concern is the Youth of this country you 1748 01:09:14,640 --> 01:09:20,640 know whether it's drugs whether it's uh 1749 01:09:17,238 --> 01:09:22,798 gambling it's just inconceivable for me 1750 01:09:20,640 --> 01:09:25,380 that we can live in America and somebody 1751 01:09:22,798 --> 01:09:27,479 in Washington D.C can tell a guy who's 1752 01:09:25,380 --> 01:09:29,699 been working all day long that he can't 1753 01:09:27,479 --> 01:09:31,559 go home at night and plan a 20 satellite 1754 01:09:29,698 --> 01:09:34,079 online if that's what he wants to do 1755 01:09:31,560 --> 01:09:36,420 with his money you have a portion of 1756 01:09:34,079 --> 01:09:38,939 this country that that doesn't 1757 01:09:36,420 --> 01:09:41,100 understand freedom they just don't get 1758 01:09:38,939 --> 01:09:43,519 it and they remind me of days of 1759 01:09:41,100 --> 01:09:43,520 prohibition 1760 01:09:45,179 --> 01:09:49,859 when Truman was a young man he learned 1761 01:09:47,520 --> 01:09:51,900 to love poker early on and when he was 1762 01:09:49,859 --> 01:09:54,539 courting his wife Bess he wrote her a 1763 01:09:51,899 --> 01:09:57,000 letter acknowledging that while he was 1764 01:09:54,539 --> 01:09:58,979 deeply religious that he did play poker 1765 01:09:57,000 --> 01:10:00,779 and that sometimes religious people 1766 01:09:58,979 --> 01:10:02,759 looked down on that but he said I don't 1767 01:10:00,779 --> 01:10:05,399 think it's such a bad thing to do and 1768 01:10:02,760 --> 01:10:07,199 Harry Truman would have weekly poker 1769 01:10:05,399 --> 01:10:09,839 games at the White House 1770 01:10:07,198 --> 01:10:11,899 with cigars and bourbon God bless him 1771 01:10:09,840 --> 01:10:15,119 Eisenhower was a great poker player 1772 01:10:11,899 --> 01:10:17,399 Obama played in a regular game for 10 1773 01:10:15,119 --> 01:10:19,738 years once or twice a week I mean that's 1774 01:10:17,399 --> 01:10:21,658 how he met so many other you know 1775 01:10:19,738 --> 01:10:23,879 Senators I mean we know that President 1776 01:10:21,658 --> 01:10:25,619 Grant loved to play poker we know that 1777 01:10:23,880 --> 01:10:27,779 President Harding loved to play poker 1778 01:10:25,619 --> 01:10:30,719 and the Rumor was one time that he bet 1779 01:10:27,779 --> 01:10:33,420 the White House china on a set of cars 1780 01:10:30,719 --> 01:10:35,100 and lost I mean Richard Nixon allegedly 1781 01:10:33,420 --> 01:10:37,500 financed his First Congressional 1782 01:10:35,100 --> 01:10:39,360 Campaign by playing poker what does that 1783 01:10:37,500 --> 01:10:41,579 tell you my favorite historical example 1784 01:10:39,359 --> 01:10:43,019 is the new deal and I never had any 1785 01:10:41,579 --> 01:10:44,640 history professors who said well yeah 1786 01:10:43,020 --> 01:10:46,620 this is a poker tournament obviously 1787 01:10:44,640 --> 01:10:49,340 he's talking about cards it's a new deal 1788 01:10:46,619 --> 01:10:52,800 the poker Editions 1789 01:10:49,340 --> 01:10:56,520 behavior of soldiers and politicians and 1790 01:10:52,800 --> 01:10:59,400 diplomats has been completely integral 1791 01:10:56,520 --> 01:11:01,920 to how this country has worked 1792 01:10:59,399 --> 01:11:03,839 from the beginning which makes Bill 1793 01:11:01,920 --> 01:11:04,920 Frist and the other sponsors of that 1794 01:11:03,840 --> 01:11:08,640 bill 1795 01:11:04,920 --> 01:11:11,480 so short-sighted and cynical and 1796 01:11:08,640 --> 01:11:11,480 ridiculous 1797 01:11:14,460 --> 01:11:19,619 they're leaving billions of dollars on 1798 01:11:17,698 --> 01:11:20,698 the floor because if they tax it and 1799 01:11:19,619 --> 01:11:22,198 regulate it which is what everybody 1800 01:11:20,698 --> 01:11:23,579 wants everybody wants to give the US 1801 01:11:22,198 --> 01:11:25,500 government money it's like here let's 1802 01:11:23,579 --> 01:11:27,359 take this money take it what a lot of 1803 01:11:25,500 --> 01:11:28,920 people don't understand is the law 1804 01:11:27,359 --> 01:11:31,380 didn't get passed for reasons of 1805 01:11:28,920 --> 01:11:33,060 morality oh that's right bet first cards 1806 01:11:31,380 --> 01:11:34,980 later those people are using the 1807 01:11:33,060 --> 01:11:36,480 morality argument or just Pawns in the 1808 01:11:34,979 --> 01:11:38,339 game of the politicians who are getting 1809 01:11:36,479 --> 01:11:40,379 money from other lobbying groups to 1810 01:11:38,340 --> 01:11:43,579 Lobby against poker and they could care 1811 01:11:40,380 --> 01:11:43,579 less about the moral stance 1812 01:11:44,100 --> 01:11:50,579 my fear is that that the online action 1813 01:11:48,000 --> 01:11:54,359 will be controlled by the cenos such as 1814 01:11:50,579 --> 01:11:58,679 Hera's which are notorious 1815 01:11:54,359 --> 01:12:00,960 for squeezing every last Diamond nickel 1816 01:11:58,679 --> 01:12:04,140 out of every situation it's a big big 1817 01:12:00,960 --> 01:12:05,340 money opportunity that was missed by 1818 01:12:04,140 --> 01:12:07,260 them and obviously they're trying to get 1819 01:12:05,340 --> 01:12:09,119 in on the bandwagon now and you don't 1820 01:12:07,260 --> 01:12:12,060 blame them for it well I think the 1821 01:12:09,119 --> 01:12:13,619 reason that the poker World Views the 1822 01:12:12,060 --> 01:12:14,940 brick and mortar casinos sometimes in a 1823 01:12:13,619 --> 01:12:17,579 negative light is they feel as though 1824 01:12:14,939 --> 01:12:20,219 their the interests are not aligned I 1825 01:12:17,579 --> 01:12:22,380 think there was a real question in 2010 1826 01:12:20,219 --> 01:12:25,500 when people were talking about 1827 01:12:22,380 --> 01:12:27,060 legalizing online poker federally as far 1828 01:12:25,500 --> 01:12:29,640 as how this was going to work because 1829 01:12:27,060 --> 01:12:30,900 you had these big companies that were 1830 01:12:29,640 --> 01:12:32,760 not operating 1831 01:12:30,899 --> 01:12:34,079 online poker in the United States they 1832 01:12:32,760 --> 01:12:35,820 were doing what they would say was the 1833 01:12:34,079 --> 01:12:38,100 right thing they were keeping out of the 1834 01:12:35,819 --> 01:12:40,500 US now they wanted to operate in the U.S 1835 01:12:38,100 --> 01:12:42,239 companies like Party Poker you have 1836 01:12:40,500 --> 01:12:44,039 Caesar's entertainment major Casino 1837 01:12:42,238 --> 01:12:46,259 company runs the World Series of Poker 1838 01:12:44,039 --> 01:12:49,198 has this brand name in poker they want 1839 01:12:46,260 --> 01:12:52,860 to do it at the same time though all the 1840 01:12:49,198 --> 01:12:54,539 US players are with basically two 1841 01:12:52,859 --> 01:12:57,359 websites 1842 01:12:54,539 --> 01:13:00,300 um PokerStars and full til poker so if 1843 01:12:57,359 --> 01:13:01,679 you're Caesars or you're you know party 1844 01:13:00,300 --> 01:13:03,600 or whatnot 1845 01:13:01,679 --> 01:13:05,760 it's not necessarily great that these 1846 01:13:03,600 --> 01:13:08,039 guys are the incumbents and they have 1847 01:13:05,760 --> 01:13:11,159 all the US players 1848 01:13:08,039 --> 01:13:12,960 in January of 2010 people were betting 1849 01:13:11,158 --> 01:13:16,198 that there was a 70 or 80 percent chance 1850 01:13:12,960 --> 01:13:18,060 of Poker being legalized and I just 1851 01:13:16,198 --> 01:13:20,158 could tell from my reporting there that 1852 01:13:18,060 --> 01:13:22,520 there was a there were things that were 1853 01:13:20,158 --> 01:13:22,519 changing 1854 01:13:33,238 --> 01:13:35,238 um 1855 01:13:35,479 --> 01:13:41,579 when you look at the poker boom first of 1856 01:13:38,219 --> 01:13:44,039 all you know the kindling that got it 1857 01:13:41,579 --> 01:13:45,899 all started I think is just that poker 1858 01:13:44,039 --> 01:13:48,119 such a great game 1859 01:13:45,899 --> 01:13:50,299 and people love it they're fascinated by 1860 01:13:48,119 --> 01:13:50,300 it 1861 01:13:50,420 --> 01:13:57,480 now you can watch the game on TV 1862 01:13:54,539 --> 01:13:59,158 and then try it on the internet and then 1863 01:13:57,479 --> 01:14:01,519 all of a sudden watching on TV is more 1864 01:13:59,158 --> 01:14:01,519 interesting 1865 01:14:02,340 --> 01:14:07,199 so all that was happening 1866 01:14:05,158 --> 01:14:09,119 and the money maker happened you know 1867 01:14:07,198 --> 01:14:11,219 maybe that was just the final can of 1868 01:14:09,119 --> 01:14:13,140 gasoline we needed to really make it all 1869 01:14:11,219 --> 01:14:15,119 just explode obviously I would say that 1870 01:14:13,140 --> 01:14:17,280 it comes down to the money maker effect 1871 01:14:15,119 --> 01:14:19,979 Money Maker Money Maker his name was 1872 01:14:17,279 --> 01:14:22,380 money maker with a made for TV name 1873 01:14:19,979 --> 01:14:25,979 Chris Moneymaker Chris Money Maker 1874 01:14:22,380 --> 01:14:27,779 happened in 2003 well it's a it's a it's 1875 01:14:25,979 --> 01:14:30,899 an amazing Story I mean that was the 1876 01:14:27,779 --> 01:14:33,359 story that that launched the poker boom 1877 01:14:30,899 --> 01:14:36,179 yeah what Chris Moneymaker did was he 1878 01:14:33,359 --> 01:14:37,799 brought in online to a satellite and 1879 01:14:36,179 --> 01:14:39,060 what a satellite is is just a smaller 1880 01:14:37,800 --> 01:14:40,860 buy-in tournament to get you into a 1881 01:14:39,060 --> 01:14:43,260 bigger tournament he costs I think it 1882 01:14:40,859 --> 01:14:46,079 cost me 40 or 45 dollars he qualified 1883 01:14:43,260 --> 01:14:47,640 for 27 on poker stars in about five more 1884 01:14:46,079 --> 01:14:49,260 years we'll be saying invested ten 1885 01:14:47,640 --> 01:14:51,239 dollars it gets lower every time we talk 1886 01:14:49,260 --> 01:14:53,060 about it at 60 bucks on my account I 1887 01:14:51,238 --> 01:14:55,619 play a 39 tournament poker stores 1888 01:14:53,060 --> 01:14:57,300 mediocre guy live in a mediocre life who 1889 01:14:55,619 --> 01:14:59,519 all of a sudden jumps online figures out 1890 01:14:57,300 --> 01:15:01,440 he's got a knack at this game pulled 1891 01:14:59,520 --> 01:15:03,060 together all this money from friends I 1892 01:15:01,439 --> 01:15:05,399 mean that he didn't even have to go take 1893 01:15:03,060 --> 01:15:07,440 this chance go to my dad and another guy 1894 01:15:05,399 --> 01:15:08,519 get 2008 from them instead of paying my 1895 01:15:07,439 --> 01:15:10,579 credit card debts I'll take it out to 1896 01:15:08,520 --> 01:15:13,580 Vegas with me like it 1897 01:15:10,579 --> 01:15:16,559 genius the lights of Las Vegas 1898 01:15:13,579 --> 01:15:18,960 illuminate the largest cash prize of any 1899 01:15:16,560 --> 01:15:21,539 competition more than the Masters 1900 01:15:18,960 --> 01:15:23,880 Wimbledon or Kentucky Derby two and a 1901 01:15:21,539 --> 01:15:26,760 half million dollars 1902 01:15:23,880 --> 01:15:27,090 this is the World Series of Poker 1903 01:15:26,760 --> 01:15:30,189 [Applause] 1904 01:15:27,090 --> 01:15:30,189 [Music] 1905 01:15:31,800 --> 01:15:35,940 you know I went out to Vegas a week 1906 01:15:33,420 --> 01:15:37,920 early and uh the reason I did it as most 1907 01:15:35,939 --> 01:15:39,119 of my experience was online so I went 1908 01:15:37,920 --> 01:15:40,560 down there I played some No Limit cash 1909 01:15:39,119 --> 01:15:42,658 games to get experience to make sure I 1910 01:15:40,560 --> 01:15:43,800 didn't have tells but I make my deal 1911 01:15:42,658 --> 01:15:45,719 with myself that I'm only going to play 1912 01:15:43,800 --> 01:15:47,279 poker well that deal gets thrown out the 1913 01:15:45,719 --> 01:15:49,679 window when I see the sports book that's 1914 01:15:47,279 --> 01:15:51,059 a whole different story I guess I lost a 1915 01:15:49,679 --> 01:15:52,920 lot of it in sports but by the time the 1916 01:15:51,060 --> 01:15:55,199 tournament started I was broke you know 1917 01:15:52,920 --> 01:15:56,520 part of the romance of this event is the 1918 01:15:55,198 --> 01:15:58,319 fact that anybody can pay the ten 1919 01:15:56,520 --> 01:16:00,179 thousand dollars and play alongside some 1920 01:15:58,319 --> 01:16:03,119 of the all-time greats like Johnny Chan 1921 01:16:00,179 --> 01:16:05,640 it's a poker Fantasy Camp of sorts but 1922 01:16:03,119 --> 01:16:08,479 the reality is most everyone here has no 1923 01:16:05,640 --> 01:16:08,480 chance of winning 1924 01:16:08,880 --> 01:16:14,100 the morning of I woke up and I was 1925 01:16:10,979 --> 01:16:16,019 nervous as could be and as I started 1926 01:16:14,100 --> 01:16:18,659 playing I saw you know heard some guy 1927 01:16:16,020 --> 01:16:19,860 has 20 000 in chips already like wow I 1928 01:16:18,658 --> 01:16:22,979 haven't played a hand some guys got 1929 01:16:19,859 --> 01:16:25,380 twenty thousand this is a disaster 1930 01:16:22,979 --> 01:16:27,299 so we start day three and I'm walking I 1931 01:16:25,380 --> 01:16:29,699 can't find table 77 and we'll get all 1932 01:16:27,300 --> 01:16:32,039 over for the worst table 77 or oh that's 1933 01:16:29,698 --> 01:16:34,139 the TV time look 1934 01:16:32,039 --> 01:16:36,119 great on the table with Johnny 1935 01:16:34,140 --> 01:16:38,100 chantusiasts to my left and I'm on the 1936 01:16:36,119 --> 01:16:39,719 TV table how would letters at the table 1937 01:16:38,100 --> 01:16:41,699 too it's me him and Howard at the same 1938 01:16:39,719 --> 01:16:43,619 table that's just beautiful I'm 1939 01:16:41,698 --> 01:16:46,079 petrified oh yeah Johnny Chan's always 1940 01:16:43,619 --> 01:16:48,658 fun fearsome sight at the table he's 1941 01:16:46,079 --> 01:16:50,760 called the perfect player Howard Lederer 1942 01:16:48,658 --> 01:16:52,859 is called the professor of Poker he 1943 01:16:50,760 --> 01:16:56,340 looks smart he plays smart 1944 01:16:52,859 --> 01:16:58,198 there is our featured table for the day 1945 01:16:56,340 --> 01:16:59,640 and a good look at Chris Moneymaker just 1946 01:16:58,198 --> 01:17:02,579 a regular guy an accountant for a 1947 01:16:59,640 --> 01:17:05,880 restaurant chain here with the big boys 1948 01:17:02,579 --> 01:17:08,640 I told myself I'm not going to let him 1949 01:17:05,880 --> 01:17:10,020 beat me up just don't do anything don't 1950 01:17:08,640 --> 01:17:13,199 play any hand that's going to make you 1951 01:17:10,020 --> 01:17:15,600 like an idiot and uh don't do anything 1952 01:17:13,198 --> 01:17:17,460 stupid now looking at the whole cards of 1953 01:17:15,600 --> 01:17:20,420 Johnny Chan 1954 01:17:17,460 --> 01:17:20,420 with a king Jack 1955 01:17:20,880 --> 01:17:25,440 next in line Chris Moneymaker 1956 01:17:23,279 --> 01:17:26,698 Chris Moneymaker interestingly had never 1957 01:17:25,439 --> 01:17:28,139 played in a line I'm trying to pick up 1958 01:17:26,698 --> 01:17:29,759 information on the two guys at the table 1959 01:17:28,140 --> 01:17:32,219 I have new information on Howard led her 1960 01:17:29,760 --> 01:17:33,539 a giant Chan so I keep staring at both 1961 01:17:32,219 --> 01:17:36,239 of them trying to pick up information as 1962 01:17:33,539 --> 01:17:37,859 my big blind and uh put my card 1963 01:17:36,238 --> 01:17:39,779 protector on my chips and I'm sitting in 1964 01:17:37,859 --> 01:17:42,000 the one seat and here he is in Las Vegas 1965 01:17:39,779 --> 01:17:45,079 staring down two of the biggest names in 1966 01:17:42,000 --> 01:17:47,698 the game Howard Lederer and Johnny Chan 1967 01:17:45,079 --> 01:17:49,019 paying so much attention John Ed rays 1968 01:17:47,698 --> 01:17:51,658 and Howard had to re-raised it was back 1969 01:17:49,020 --> 01:17:55,320 on Johnny I thought and he's using their 1970 01:17:51,658 --> 01:17:57,779 techniques on them right now 1971 01:17:55,319 --> 01:18:00,079 you know it's up to you right 1972 01:17:57,779 --> 01:18:00,079 yeah 1973 01:18:08,179 --> 01:18:12,600 I never looked down he just flat out 1974 01:18:11,100 --> 01:18:13,800 forgot Norman I didn't think I ever 1975 01:18:12,600 --> 01:18:16,380 looked at my cords I could have pocket 1976 01:18:13,800 --> 01:18:17,880 aces right there I don't know and uh I 1977 01:18:16,380 --> 01:18:19,980 go God that's kind of I didn't want to 1978 01:18:17,880 --> 01:18:21,539 look at idiot on TV I can't believe I 1979 01:18:19,979 --> 01:18:23,579 just did that and Johnny just looks at 1980 01:18:21,539 --> 01:18:25,979 me goes don't worry kid that won't make 1981 01:18:23,579 --> 01:18:27,779 it on TV it loosened me up from there I 1982 01:18:25,979 --> 01:18:29,099 was just like you know what I've done 1983 01:18:27,779 --> 01:18:31,019 that might as well just play from here 1984 01:18:29,100 --> 01:18:34,620 on out this is a great spot for Chris 1985 01:18:31,020 --> 01:18:37,260 Moneymaker come on and he goes all in 1986 01:18:34,619 --> 01:18:41,279 and Howard does indeed fold and Money 1987 01:18:37,260 --> 01:18:42,840 Maker backs letterer down 1988 01:18:41,279 --> 01:18:46,198 I can breathe again 1989 01:18:42,840 --> 01:18:48,179 and Chris Moneymaker takes the pot maybe 1990 01:18:46,198 --> 01:18:49,559 if your Chris Moneymaker lawn you're 1991 01:18:48,179 --> 01:18:51,960 wondering if you've got what it takes to 1992 01:18:49,560 --> 01:18:54,480 to beat these big boys they picked on me 1993 01:18:51,960 --> 01:18:56,698 a lot I picked it up a little bit 1994 01:18:54,479 --> 01:18:59,339 I didn't play position very well I just 1995 01:18:56,698 --> 01:19:01,198 beat my head and over and over and over 1996 01:18:59,340 --> 01:19:03,300 checking the clock this could be the 1997 01:19:01,198 --> 01:19:05,279 final hand of the session players are 1998 01:19:03,300 --> 01:19:07,320 gonna want to make some fireworks before 1999 01:19:05,279 --> 01:19:09,359 they hit the exits and we're about ready 2000 01:19:07,319 --> 01:19:11,460 to go on a break and I'm on the butt 2001 01:19:09,359 --> 01:19:14,179 with an acid of Hearts over to Chris 2002 01:19:11,460 --> 01:19:14,179 Moneymaker 2003 01:19:17,899 --> 01:19:22,559 he calls he always defends his blind 2004 01:19:20,279 --> 01:19:24,059 against me pissed me off because he 2005 01:19:22,560 --> 01:19:25,500 always outplayed me after the Flop and 2006 01:19:24,060 --> 01:19:27,480 it was so frustrating 2007 01:19:25,500 --> 01:19:30,719 so he calls is like all right just give 2008 01:19:27,479 --> 01:19:33,000 me a flop he's got a king five suited 2009 01:19:30,719 --> 01:19:34,619 and this is a good flop for money maker 2010 01:19:33,000 --> 01:19:36,060 the rest of the players have left the 2011 01:19:34,619 --> 01:19:37,439 table for the break and right now we 2012 01:19:36,060 --> 01:19:40,500 have the perfect player against the 2013 01:19:37,439 --> 01:19:42,899 amateur of amateur Mano Amano in this 2014 01:19:40,500 --> 01:19:46,020 hollowed out poker ring Johnny betz I 2015 01:19:42,899 --> 01:19:48,779 raise and he Rewritten up push all in 2016 01:19:46,020 --> 01:19:49,460 it's like this is just a nightmare all 2017 01:19:48,779 --> 01:19:52,619 right 2018 01:19:49,460 --> 01:19:54,840 Johnny's gonna put it on the line I need 2019 01:19:52,619 --> 01:19:57,119 a heart dealer Johnny's best chance is a 2020 01:19:54,840 --> 01:19:58,619 deuce for a straight so Fury he has Ace 2021 01:19:57,119 --> 01:20:00,359 King I know he has Ace King to be 2022 01:19:58,619 --> 01:20:03,000 putting his money in there oh yeah man 2023 01:20:00,359 --> 01:20:06,119 bad shape I was like wow I got my money 2024 01:20:03,000 --> 01:20:08,279 in really good here no deuce the turn 2025 01:20:06,119 --> 01:20:11,698 card a nine of hearts and that's gonna 2026 01:20:08,279 --> 01:20:14,579 do it Chris money maker with the ace 2027 01:20:11,698 --> 01:20:16,619 high flush takes down Johnny Chan wow 2028 01:20:14,579 --> 01:20:19,979 this is like Buster Douglas knocking out 2029 01:20:16,619 --> 01:20:21,539 Mike Tyson once I put him out know I saw 2030 01:20:19,979 --> 01:20:24,419 how he put his money in drawing to 2031 01:20:21,539 --> 01:20:27,238 nothing it's like wow you know 2032 01:20:24,420 --> 01:20:29,100 he beat me up for that long and he's 2033 01:20:27,238 --> 01:20:31,859 probably didn't have much 2034 01:20:29,100 --> 01:20:33,719 maybe I can start gambling and these 2035 01:20:31,859 --> 01:20:35,819 players aren't as good as I thought 2036 01:20:33,719 --> 01:20:38,039 just got a lucky hand and caught him 2037 01:20:35,819 --> 01:20:39,960 that time I came in nervous as could be 2038 01:20:38,039 --> 01:20:41,460 and I've loosened up I hope I can finish 2039 01:20:39,960 --> 01:20:43,859 this thing off and be a real money maker 2040 01:20:41,460 --> 01:20:44,310 I don't know rookie Chris Moneymaker is 2041 01:20:43,859 --> 01:20:47,299 still alive 2042 01:20:44,310 --> 01:20:49,980 [Music] 2043 01:20:47,300 --> 01:20:53,100 here comes the river it's another king 2044 01:20:49,979 --> 01:20:55,678 from Chris Moneymaker another good hand 2045 01:20:53,100 --> 01:20:58,320 for Chris Moneymaker money maker with 2046 01:20:55,679 --> 01:21:00,359 the better Kicker a huge hand for Chris 2047 01:20:58,319 --> 01:21:04,880 moneymakers only an eight is Gonna Save 2048 01:21:00,359 --> 01:21:07,859 Chris Moneymaker here comes the turnout 2049 01:21:04,880 --> 01:21:10,440 an amazing turn of events Chris 2050 01:21:07,859 --> 01:21:13,559 Moneymaker got the miracle eight on the 2051 01:21:10,439 --> 01:21:15,899 turn wow what a move by Chris Moneymaker 2052 01:21:13,560 --> 01:21:17,159 he put his tournament life at stake on a 2053 01:21:15,899 --> 01:21:19,979 pair of Threes he's out of the 2054 01:21:17,158 --> 01:21:22,259 tournament if he loses that pot it's not 2055 01:21:19,979 --> 01:21:25,079 poker strategy that anybody would write 2056 01:21:22,260 --> 01:21:27,860 up how far can this young kid from 2057 01:21:25,079 --> 01:21:27,859 Knoxville go 2058 01:21:29,840 --> 01:21:34,500 we're still looking at Phil Ivey in the 2059 01:21:32,340 --> 01:21:35,640 field and I still think he's the man to 2060 01:21:34,500 --> 01:21:37,079 be 2061 01:21:35,640 --> 01:21:38,219 it's been a long day you know 2062 01:21:37,079 --> 01:21:39,960 everybody's tired everybody's yawning 2063 01:21:38,219 --> 01:21:43,619 and I'm on the button with an ace Queen 2064 01:21:39,960 --> 01:21:45,840 the Flop comes two queens a monster flop 2065 01:21:43,619 --> 01:21:48,899 for Chris Moneymaker who makes three 2066 01:21:45,840 --> 01:21:50,100 queens I'm like Yahtzee all right no 2067 01:21:48,899 --> 01:21:51,960 one's gonna have any of this I'm gonna 2068 01:21:50,100 --> 01:21:54,239 everybody's gonna fold when I bet the 2069 01:21:51,960 --> 01:21:56,399 Flop so Phil Ivy jokes Jason Lester 2070 01:21:54,238 --> 01:21:58,259 Jackson's on me and I only bet 75 000. I 2071 01:21:56,399 --> 01:22:00,539 want to keep people around I thought he 2072 01:21:58,260 --> 01:22:02,579 might have pushed it more generally Ivy 2073 01:22:00,539 --> 01:22:04,019 calls and Lester folds is 10. the next 2074 01:22:02,579 --> 01:22:06,420 person knocked out doesn't make the 2075 01:22:04,020 --> 01:22:08,280 final table so Jason Lester here comes 2076 01:22:06,420 --> 01:22:10,679 the turn in it's a nine and that gives 2077 01:22:08,279 --> 01:22:13,800 Phil Ivey a Full House miracle on Fourth 2078 01:22:10,679 --> 01:22:16,140 Street for Phil either turn Court comes 2079 01:22:13,800 --> 01:22:18,119 annoying which fills up Phil Ivey he has 2080 01:22:16,140 --> 01:22:19,079 nines full of queens now to my three 2081 01:22:18,119 --> 01:22:21,479 queens 2082 01:22:19,079 --> 01:22:24,059 he checks and at this point okay I'm 2083 01:22:21,479 --> 01:22:25,019 right in the hand I mean he's got 400 2084 01:22:24,060 --> 01:22:26,699 000 left 2085 01:22:25,020 --> 01:22:28,080 so I said all right well I'm gonna go 2086 01:22:26,698 --> 01:22:29,939 ahead and get this hand over with I'm 2087 01:22:28,079 --> 01:22:31,319 about 200 000 and just end it and we'll 2088 01:22:29,939 --> 01:22:35,399 go on to the next one that's what I'm 2089 01:22:31,319 --> 01:22:40,399 thinking Molly he is all in and quickly 2090 01:22:35,399 --> 01:22:43,319 called the pot size is one million now 2091 01:22:40,399 --> 01:22:45,839 Money Maker is disgusted he never could 2092 01:22:43,319 --> 01:22:48,479 have assumed the two nines in the hole 2093 01:22:45,840 --> 01:22:50,880 for Phil Ivey he flips over two nines 2094 01:22:48,479 --> 01:22:52,799 and I'm just disgusted which would knock 2095 01:22:50,880 --> 01:22:55,520 out Phil Ivey money makers look at 2096 01:22:52,800 --> 01:22:55,520 Bernice on the river 2097 01:22:55,609 --> 01:23:02,579 [Applause] 2098 01:22:58,819 --> 01:23:05,579 an incredible knockout blow for probably 2099 01:23:02,579 --> 01:23:09,119 the best player left in the tournament 2100 01:23:05,579 --> 01:23:11,819 who's gone down oh Amazing Phil Ivey 2101 01:23:09,119 --> 01:23:14,219 loses with a full house to a better Full 2102 01:23:11,819 --> 01:23:16,198 House I'm so excited Kansas history one 2103 01:23:14,219 --> 01:23:18,480 I get to go home and go to bed two I've 2104 01:23:16,198 --> 01:23:20,939 got a huge ship lead over 2.1 million in 2105 01:23:18,479 --> 01:23:22,678 ships I'm by far the biggest triple here 2106 01:23:20,939 --> 01:23:25,198 I can sit there and Coast on the final 2107 01:23:22,679 --> 01:23:27,899 table and probably get third place so 2108 01:23:25,198 --> 01:23:30,599 I'm on cloud nine welcome back to the 2109 01:23:27,899 --> 01:23:33,000 2003 World Series of Poker just three 2110 01:23:30,600 --> 01:23:35,100 players remaining in the tournament that 2111 01:23:33,000 --> 01:23:37,319 means 836 people once we hit 2112 01:23:35,100 --> 01:23:39,120 three-handed though I turned into a 2113 01:23:37,319 --> 01:23:40,380 Madman I just started raising every pot 2114 01:23:39,119 --> 01:23:41,180 I was beating the living hell out of 2115 01:23:40,380 --> 01:23:47,298 them 2116 01:23:41,180 --> 01:23:47,298 [Music] 2117 01:23:47,939 --> 01:23:52,919 Money Maker remains a one-man Posse he's 2118 01:23:50,640 --> 01:23:55,460 a bounty hunter who keeps just piling up 2119 01:23:52,920 --> 01:23:55,460 skips 2120 01:23:56,158 --> 01:24:01,099 the River card is the final card for Dan 2121 01:23:58,738 --> 01:24:01,099 Harrington 2122 01:24:05,039 --> 01:24:11,698 approaching 1 30 in the morning final 2123 01:24:08,219 --> 01:24:14,460 table has taken 11 hours or so to this 2124 01:24:11,698 --> 01:24:16,799 point don't do it and it's a three of 2125 01:24:14,460 --> 01:24:18,300 hearts money maker doesn't get to either 2126 01:24:16,800 --> 01:24:22,400 draw 2127 01:24:18,300 --> 01:24:22,400 and the paranoids is best 2128 01:24:22,679 --> 01:24:27,980 come on Chris 2129 01:24:24,260 --> 01:24:27,980 Moneymaker going all in 2130 01:24:28,198 --> 01:24:33,419 play from Money Maker who missed his 2131 01:24:30,960 --> 01:24:35,039 draws has nothing and now has put Sam 2132 01:24:33,420 --> 01:24:36,840 farhall All In 2133 01:24:35,039 --> 01:24:38,579 he would have to put all his chips in if 2134 01:24:36,840 --> 01:24:41,000 he lost this pot he would be out of the 2135 01:24:38,579 --> 01:24:41,000 tournament 2136 01:24:41,939 --> 01:24:48,238 it's Chris bluffing this time no it was 2137 01:24:45,779 --> 01:24:51,599 a game that he used to play as a kid 2138 01:24:48,238 --> 01:24:55,019 your mom and say okay quiet and so the 2139 01:24:51,600 --> 01:24:58,020 first one it said something or moved 2140 01:24:55,020 --> 01:25:00,800 I lost and the other one got a prize 2141 01:24:58,020 --> 01:25:03,420 I've seen him sit in one spot and just 2142 01:25:00,800 --> 01:25:05,460 be quiet you know and you're talking you 2143 01:25:03,420 --> 01:25:06,560 know 12 year old kid being quiet for six 2144 01:25:05,460 --> 01:25:09,300 hours 2145 01:25:06,560 --> 01:25:11,580 they did it 2146 01:25:09,300 --> 01:25:13,199 Sam Farah trying to draw something out 2147 01:25:11,579 --> 01:25:16,939 of Chris Moneymaker but he's like a 2148 01:25:13,198 --> 01:25:20,639 statue afraid to make any sort of move 2149 01:25:16,939 --> 01:25:24,000 he is not gonna do it Chris Moneymaker 2150 01:25:20,640 --> 01:25:25,980 Bluffs Sam farha out of a big stack of 2151 01:25:24,000 --> 01:25:27,238 money and considering this situation I 2152 01:25:25,979 --> 01:25:29,639 know we're early in the century but 2153 01:25:27,238 --> 01:25:31,389 that's the bluff of the century what a 2154 01:25:29,640 --> 01:25:33,300 play from Chris Moneymaker 2155 01:25:31,390 --> 01:25:35,930 [Music] 2156 01:25:33,300 --> 01:25:42,199 foreign 2157 01:25:35,930 --> 01:25:46,640 [Music] 2158 01:25:42,198 --> 01:25:46,639 two pair for Chris Moneymaker 2159 01:25:49,640 --> 01:25:54,000 that day 2160 01:25:51,719 --> 01:25:56,300 that time I was the best player on that 2161 01:25:54,000 --> 01:25:59,119 table and I knew it 2162 01:25:56,300 --> 01:26:01,800 oh goggle and let's go 2163 01:25:59,119 --> 01:26:03,599 Sam Farah goes all in at Crest Money 2164 01:26:01,800 --> 01:26:06,719 Maker is gonna call it 2165 01:26:03,600 --> 01:26:09,360 surreal you know I I get them in I have 2166 01:26:06,719 --> 01:26:11,219 two pair any flop top pair and uh we get 2167 01:26:09,359 --> 01:26:13,439 all the money I know I'm by far the best 2168 01:26:11,219 --> 01:26:15,359 hand throw our cards over I do have the 2169 01:26:13,439 --> 01:26:18,539 best tan I'm just like please hold on 2170 01:26:15,359 --> 01:26:20,219 and with two pair Chris Moneymaker a 2171 01:26:18,539 --> 01:26:22,019 statistic in the final knife we were all 2172 01:26:20,219 --> 01:26:24,000 there in the office at four o'clock in 2173 01:26:22,020 --> 01:26:26,400 the morning everybody just kind of 2174 01:26:24,000 --> 01:26:28,439 waiting you know thinking you know this 2175 01:26:26,399 --> 01:26:31,198 could end soon to win this title at the 2176 01:26:28,439 --> 01:26:33,299 outset is now closing in on making it an 2177 01:26:31,198 --> 01:26:35,759 incredible reality 2178 01:26:33,300 --> 01:26:37,320 I think Chris Moneymaker is probably one 2179 01:26:35,760 --> 01:26:39,659 of the most important figures in poker 2180 01:26:37,319 --> 01:26:41,539 today just because of what he symbolizes 2181 01:26:39,658 --> 01:26:45,599 turn card 2182 01:26:41,539 --> 01:26:49,579 is an eight of diamonds no help yet and 2183 01:26:45,600 --> 01:26:49,579 farha to stay alive Christmas 2184 01:26:50,600 --> 01:26:56,699 definitely starts the boom of online 2185 01:26:54,359 --> 01:26:58,019 poker because people realize with like a 2186 01:26:56,698 --> 01:27:00,419 small investment 2187 01:26:58,020 --> 01:27:02,219 you could become a millionaire as you 2188 01:27:00,420 --> 01:27:04,920 Hollywood can't write a script like that 2189 01:27:02,219 --> 01:27:08,520 if money maker can't do it I can't I can 2190 01:27:04,920 --> 01:27:11,760 do it this could be the last card of the 2191 01:27:08,520 --> 01:27:15,000 2003 World Series of Poker the money 2192 01:27:11,760 --> 01:27:18,780 maker effect is really the best 2193 01:27:15,000 --> 01:27:20,189 representation of our essence 2194 01:27:18,779 --> 01:27:27,579 and character 2195 01:27:20,189 --> 01:27:27,579 [Music] 2196 01:27:32,359 --> 01:27:36,899 hey I can't sit here and describe how it 2197 01:27:35,279 --> 01:27:40,198 feels it's just it's a phenomenal 2198 01:27:36,899 --> 01:27:41,698 feeling that words cannot describe I 2199 01:27:40,198 --> 01:27:44,099 can't even begin to describe it what 2200 01:27:41,698 --> 01:27:46,859 what was going through my mind out of 2201 01:27:44,100 --> 01:27:49,260 the virtual poker room and in a very 2202 01:27:46,859 --> 01:27:52,019 Swift and unlikely manner is atop the 2203 01:27:49,260 --> 01:27:54,360 poker world this is beyond fairy tale 2204 01:27:52,020 --> 01:27:57,000 it's inconceivable I mean Chris 2205 01:27:54,359 --> 01:27:59,759 Moneymaker changed this game 2206 01:27:57,000 --> 01:28:02,639 when he won it all 2207 01:27:59,760 --> 01:28:05,639 uh I got to tell you the professional 2208 01:28:02,639 --> 01:28:07,800 poker players should be you know kissing 2209 01:28:05,639 --> 01:28:10,139 the Tennessee took us of that kid 2210 01:28:07,800 --> 01:28:14,039 it's a great sports like story it's a 2211 01:28:10,139 --> 01:28:16,319 great David versus Goliath story and uh 2212 01:28:14,039 --> 01:28:18,238 and so money makers 2003 Championship 2213 01:28:16,319 --> 01:28:20,340 was just great for our game because 2214 01:28:18,238 --> 01:28:22,638 everybody said If Money Maker can do it 2215 01:28:20,340 --> 01:28:26,400 why can't I do it 2216 01:28:22,639 --> 01:28:28,380 if I was to point to two absolutely 2217 01:28:26,399 --> 01:28:30,179 watershed moments in poker history in 2218 01:28:28,380 --> 01:28:34,260 the modern era that absolutely 2219 01:28:30,179 --> 01:28:36,179 catapulted this game from back room to a 2220 01:28:34,260 --> 01:28:38,219 Major League sport in a sense it would 2221 01:28:36,179 --> 01:28:41,158 be two things it would be Admiral slim 2222 01:28:38,219 --> 01:28:43,260 winning the 1972 World Series of Poker 2223 01:28:41,158 --> 01:28:46,259 and the after effects and certainly 2224 01:28:43,260 --> 01:28:48,119 Chris moneymakers win in 2003 you went 2225 01:28:46,260 --> 01:28:50,159 from online 40 bucks to two and a half 2226 01:28:48,119 --> 01:28:53,519 million dollars in front of a Nation 2227 01:28:50,158 --> 01:28:56,339 after Chris Moneymaker you had a a group 2228 01:28:53,520 --> 01:28:58,440 of young online players that were 2229 01:28:56,340 --> 01:29:00,420 actually making a living playing online 2230 01:28:58,439 --> 01:29:01,979 that's the epitome of the American dream 2231 01:29:00,420 --> 01:29:03,179 I mean people came to this country with 2232 01:29:01,979 --> 01:29:05,218 nothing in their pocket with the ideas 2233 01:29:03,179 --> 01:29:06,960 of someday seeing hundreds just dripping 2234 01:29:05,219 --> 01:29:08,219 out of them well Money Maker did the 2235 01:29:06,960 --> 01:29:10,380 exact same thing he went for from 2236 01:29:08,219 --> 01:29:12,658 nothing to a millionaire overnight 2237 01:29:10,380 --> 01:29:15,119 that's what people want and as it shows 2238 01:29:12,658 --> 01:29:19,500 in the next two three years it went from 2239 01:29:15,119 --> 01:29:21,719 839 to 26 to 56 to 87. you went up in 2240 01:29:19,500 --> 01:29:23,460 three years tenfold in the number of 2241 01:29:21,719 --> 01:29:25,139 participants everyone thinks they can 2242 01:29:23,460 --> 01:29:27,239 win it I wouldn't be surprised if 2243 01:29:25,139 --> 01:29:30,000 there's kids growing up that are 17 or 2244 01:29:27,238 --> 01:29:32,939 18 and have a Chris Moneymaker poster on 2245 01:29:30,000 --> 01:29:34,679 the wall instead of a Kobe Bryant one 2246 01:29:32,939 --> 01:29:36,479 not so sure how good that would look on 2247 01:29:34,679 --> 01:29:38,699 the wall but you know I mean that's 2248 01:29:36,479 --> 01:29:41,099 that's the point is that people say you 2249 01:29:38,698 --> 01:29:43,638 know what Chris Moneymaker can do it I 2250 01:29:41,100 --> 01:29:46,139 can do it too 2251 01:29:43,639 --> 01:29:48,300 welcome to poker for dummies I'm Chris 2252 01:29:46,139 --> 01:29:50,159 Moneymaker from Nashville Tennessee and 2253 01:29:48,300 --> 01:29:52,199 yes that's my real last name the best 2254 01:29:50,158 --> 01:29:54,839 part about the Chris Moneymaker story is 2255 01:29:52,198 --> 01:29:56,698 I heard that one of his Partners was a 2256 01:29:54,840 --> 01:29:58,199 guy named David Gamble and I was like 2257 01:29:56,698 --> 01:30:00,658 yeah come on right okay I believe the 2258 01:29:58,198 --> 01:30:02,339 money maker thing but now you that's 2259 01:30:00,658 --> 01:30:05,279 just like Urban myth and then one day 2260 01:30:02,340 --> 01:30:08,699 I'm in the elevator at the downtown 2261 01:30:05,279 --> 01:30:10,500 Binion's Horseshoe and I'm like hey 2262 01:30:08,698 --> 01:30:12,479 Chris whatever I'm meeting him or for 2263 01:30:10,500 --> 01:30:13,920 the second or third time you know and he 2264 01:30:12,479 --> 01:30:15,899 goes my buddy David and I'm like oh yeah 2265 01:30:13,920 --> 01:30:17,639 David gamble joking around like I heard 2266 01:30:15,899 --> 01:30:19,439 about the David gamble story and he goes 2267 01:30:17,639 --> 01:30:21,239 yeah that's my name David again I'm like 2268 01:30:19,439 --> 01:30:22,979 and then I'm freaking out I'm like are 2269 01:30:21,238 --> 01:30:24,419 you really and what any got to the point 2270 01:30:22,979 --> 01:30:25,919 where he realized I was in such 2271 01:30:24,420 --> 01:30:27,179 consternation and disbelief he actually 2272 01:30:25,920 --> 01:30:28,859 pulled out his ID and there I looked at 2273 01:30:27,179 --> 01:30:30,539 it it's a David Gamble and I was like 2274 01:30:28,859 --> 01:30:31,979 that's the epilogue that's right that 2275 01:30:30,539 --> 01:30:33,840 people don't even know his buddy's name 2276 01:30:31,979 --> 01:30:35,698 was David gamble let's get more money 2277 01:30:33,840 --> 01:30:37,319 maybe there is a God I mean look down 2278 01:30:35,698 --> 01:30:38,638 he's like well look whoa look at this 2279 01:30:37,319 --> 01:30:40,319 guy and his partner's name is gamble 2280 01:30:38,639 --> 01:30:43,279 okay these guys gonna win 2281 01:30:40,319 --> 01:30:43,279 she's got money 2282 01:31:06,658 --> 01:31:08,899 foreign 2283 01:31:09,279 --> 01:31:18,359 [Music] 2284 01:31:13,939 --> 01:31:19,158 Montana Avenue in Santa Monica when I 2285 01:31:18,359 --> 01:31:22,920 got 2286 01:31:19,158 --> 01:31:25,198 an email you know it took a little while 2287 01:31:22,920 --> 01:31:28,380 to sink into what actually happened I 2288 01:31:25,198 --> 01:31:29,939 was driving uh to Cesar's Palace and I 2289 01:31:28,380 --> 01:31:32,279 got this phone call it's kind of like 2290 01:31:29,939 --> 01:31:35,279 where were you when JFK was shot I had 2291 01:31:32,279 --> 01:31:38,238 just woken up in LA and I went to my 2292 01:31:35,279 --> 01:31:40,619 computer when I started seeing tweets 2293 01:31:38,238 --> 01:31:42,299 immediately talking about what's going 2294 01:31:40,619 --> 01:31:43,920 to happen to my money and it was just 2295 01:31:42,300 --> 01:31:46,020 like Bam Bam Bam Bam Bam everyone 2296 01:31:43,920 --> 01:31:47,279 tweeting about oh my God I was on the 2297 01:31:46,020 --> 01:31:48,900 phone with somebody and they're like can 2298 01:31:47,279 --> 01:31:50,759 you believe what's going on I'm like 2299 01:31:48,899 --> 01:31:52,979 what's going on and they said wow and 2300 01:31:50,760 --> 01:31:55,139 then they shut this down they shut that 2301 01:31:52,979 --> 01:31:57,000 down and I'm like you got to be kidding 2302 01:31:55,139 --> 01:31:58,319 me really it was like the end of the 2303 01:31:57,000 --> 01:32:00,630 word on the poker just everything 2304 01:31:58,319 --> 01:32:02,460 stopped right there it was it was over 2305 01:32:00,630 --> 01:32:04,880 [Music] 2306 01:32:02,460 --> 01:32:04,880 foreign 2307 01:32:05,420 --> 01:32:10,500 15th is typically known as most people 2308 01:32:07,920 --> 01:32:13,199 as tax day but unfortunately April 15 2309 01:32:10,500 --> 01:32:15,060 2011 we'll be forever known for poker 2310 01:32:13,198 --> 01:32:17,219 players especially online poker players 2311 01:32:15,060 --> 01:32:19,860 is Black Friday that's the day that the 2312 01:32:17,219 --> 01:32:22,739 Department of Justice indicted about 11 2313 01:32:19,859 --> 01:32:25,679 people they focused on three websites 2314 01:32:22,738 --> 01:32:28,079 PokerStars full till poker and absolute 2315 01:32:25,679 --> 01:32:30,600 poker and what they were charging was 2316 01:32:28,079 --> 01:32:31,819 illegal online gambling but also 2317 01:32:30,600 --> 01:32:35,039 importantly 2318 01:32:31,819 --> 01:32:37,099 bank fraud money laundering there was no 2319 01:32:35,039 --> 01:32:39,300 more questionable 2320 01:32:37,100 --> 01:32:41,639 intent from the government they made it 2321 01:32:39,300 --> 01:32:43,800 very clear that they had every intent to 2322 01:32:41,639 --> 01:32:45,539 shut down online poker completely the 2323 01:32:43,800 --> 01:32:47,279 Department of Justice indicted the 2324 01:32:45,539 --> 01:32:49,619 founders of the world's three largest 2325 01:32:47,279 --> 01:32:52,019 internet poker companies for bank fraud 2326 01:32:49,619 --> 01:32:54,420 money laundering and circumventing U.S 2327 01:32:52,020 --> 01:32:56,880 gambling laws it blocked the websites 2328 01:32:54,420 --> 01:32:59,340 from U.S users 2329 01:32:56,880 --> 01:33:02,279 the first thing I did was log on to the 2330 01:32:59,340 --> 01:33:04,139 two accounts that I have and to my 2331 01:33:02,279 --> 01:33:06,539 surprise I saw something that was very 2332 01:33:04,139 --> 01:33:08,760 frightening I saw a big giant seal 2333 01:33:06,539 --> 01:33:11,340 Department of Justice logo a very 2334 01:33:08,760 --> 01:33:14,039 ominous type thing this was not clearly 2335 01:33:11,340 --> 01:33:16,199 not good and it was certainly the the 2336 01:33:14,039 --> 01:33:18,658 first indication that that I think we 2337 01:33:16,198 --> 01:33:21,658 really had in concrete that everything 2338 01:33:18,658 --> 01:33:23,759 had suddenly changed breaking news uh 2339 01:33:21,658 --> 01:33:25,799 related to I don't know Ben but full 2340 01:33:23,760 --> 01:33:27,960 till poker and Ponzi scheme in the same 2341 01:33:25,800 --> 01:33:30,239 sentence d-ro yes Scott there's a new 2342 01:33:27,960 --> 01:33:31,920 amended complaint from the Civil point 2343 01:33:30,238 --> 01:33:34,138 of view from the Department of Justice 2344 01:33:31,920 --> 01:33:36,179 today saying that Full Tilt Poker 2345 01:33:34,139 --> 01:33:38,400 operated a Ponzi scheme the U.S attorney 2346 01:33:36,179 --> 01:33:41,219 in Manhattan says the site illegally 2347 01:33:38,399 --> 01:33:43,679 paid 440 million dollars to its 2348 01:33:41,219 --> 01:33:45,779 director's money that the site allegedly 2349 01:33:43,679 --> 01:33:48,658 took from customer accounts they've also 2350 01:33:45,779 --> 01:33:51,179 by the way added two big poker stars 2351 01:33:48,658 --> 01:33:53,579 names Chris Ferguson and Howard Lederer 2352 01:33:51,179 --> 01:33:55,859 to the Civil uh case here but it's it's 2353 01:33:53,579 --> 01:33:58,439 unbelievable 2354 01:33:55,859 --> 01:34:00,599 I think that the lead of our story was 2355 01:33:58,439 --> 01:34:02,579 like not about cheating was but about 2356 01:34:00,600 --> 01:34:05,820 bluffing where you're going to continue 2357 01:34:02,579 --> 01:34:08,279 to make it seem like this company you 2358 01:34:05,819 --> 01:34:10,679 know is doing okay and has money to pay 2359 01:34:08,279 --> 01:34:13,139 everybody and there's no problems here 2360 01:34:10,679 --> 01:34:15,719 and you're using that to then take money 2361 01:34:13,139 --> 01:34:18,119 out of the company and then it turns out 2362 01:34:15,719 --> 01:34:20,698 that really you were bluffing there is 2363 01:34:18,119 --> 01:34:22,800 no money money's gone oh hi John Richard 2364 01:34:20,698 --> 01:34:25,919 Anthony how are you I was at work here 2365 01:34:22,800 --> 01:34:29,340 in New York trading options and I saw on 2366 01:34:25,920 --> 01:34:32,460 the Bloomberg the news flash and I 2367 01:34:29,340 --> 01:34:34,819 looked at my account Full Tilt Poker and 2368 01:34:32,460 --> 01:34:37,800 I saw that there was no 2369 01:34:34,819 --> 01:34:39,420 availability for the funds and 2370 01:34:37,800 --> 01:34:40,619 eventually the justice department did 2371 01:34:39,420 --> 01:34:42,359 work out 2372 01:34:40,619 --> 01:34:43,559 deals with these websites that would 2373 01:34:42,359 --> 01:34:45,539 allow them 2374 01:34:43,560 --> 01:34:46,800 to allow the players to access the site 2375 01:34:45,539 --> 01:34:48,840 in order to get their money back it's 2376 01:34:46,800 --> 01:34:51,199 just as we as we now know one of the 2377 01:34:48,840 --> 01:34:55,199 major sites Fulton poker 2378 01:34:51,198 --> 01:34:57,359 couldn't pay the players back 2379 01:34:55,198 --> 01:34:59,049 it's it's a day that we'll be etched in 2380 01:34:57,359 --> 01:35:02,279 infamy 2381 01:34:59,050 --> 01:35:04,079 [Music] 2382 01:35:02,279 --> 01:35:06,658 well the prosecutors in the southern 2383 01:35:04,079 --> 01:35:10,198 district of New York decided that it was 2384 01:35:06,658 --> 01:35:12,299 more important to prosecute online poker 2385 01:35:10,198 --> 01:35:14,599 sites for receiving money for people to 2386 01:35:12,300 --> 01:35:19,020 play poker and paying out the winners 2387 01:35:14,600 --> 01:35:20,400 than to prosecute the clear 2388 01:35:19,020 --> 01:35:22,620 chicanery 2389 01:35:20,399 --> 01:35:24,779 perpetrated by Goldman Sachs and the 2390 01:35:22,619 --> 01:35:26,579 other large investment banks on Wall 2391 01:35:24,779 --> 01:35:28,500 Street and off of Wall Street our 2392 01:35:26,579 --> 01:35:30,300 government's a squirrely little Bunch 2393 01:35:28,500 --> 01:35:31,738 but you know it's all about money they 2394 01:35:30,300 --> 01:35:33,600 want more money because they spend all 2395 01:35:31,738 --> 01:35:35,939 the money they have so they have to go 2396 01:35:33,600 --> 01:35:39,179 get more three billion dollars is what 2397 01:35:35,939 --> 01:35:41,579 the doj is asking for at 1.5 billion 2398 01:35:39,179 --> 01:35:44,539 from PokerStars a billion from Full Tilt 2399 01:35:41,579 --> 01:35:48,600 and half a billion from the absolute UB 2400 01:35:44,539 --> 01:35:51,060 group and that was kind of their demand 2401 01:35:48,600 --> 01:35:52,620 for like fines and penalties the 2402 01:35:51,060 --> 01:35:54,539 government believes that playing poker 2403 01:35:52,619 --> 01:35:56,219 on the Internet is illegal 2404 01:35:54,539 --> 01:35:58,260 period 2405 01:35:56,219 --> 01:36:00,119 if there are people out there who think 2406 01:35:58,260 --> 01:36:02,699 playing poker is great why do we care 2407 01:36:00,119 --> 01:36:03,960 okay that's fine for them and maybe that 2408 01:36:02,698 --> 01:36:05,759 is maybe there are a lot of people that 2409 01:36:03,960 --> 01:36:07,319 feel that way but I think the 2410 01:36:05,760 --> 01:36:10,320 government's position would be that it 2411 01:36:07,319 --> 01:36:12,179 is an illegal activity so as to as to 2412 01:36:10,319 --> 01:36:13,439 why it happened then 2413 01:36:12,179 --> 01:36:15,300 I mean there's a whole bunch of 2414 01:36:13,439 --> 01:36:17,460 conspiracy theories out there there's no 2415 01:36:15,300 --> 01:36:20,159 question that some people feel 2416 01:36:17,460 --> 01:36:22,319 that there's an underlying 2417 01:36:20,158 --> 01:36:24,719 reason that this Black Friday happened 2418 01:36:22,319 --> 01:36:25,979 and obviously that's that certain States 2419 01:36:24,719 --> 01:36:28,139 or certain people might be able to 2420 01:36:25,979 --> 01:36:30,059 regulate online poker and take over that 2421 01:36:28,139 --> 01:36:31,920 business and as we know that business 2422 01:36:30,060 --> 01:36:34,080 was huge well if you follow the rule of 2423 01:36:31,920 --> 01:36:37,500 follow the money 2424 01:36:34,079 --> 01:36:39,420 um there's a the casinos have a vested 2425 01:36:37,500 --> 01:36:41,698 interest in being able to control not 2426 01:36:39,420 --> 01:36:43,260 only the brick and mortar action but the 2427 01:36:41,698 --> 01:36:45,000 online action 2428 01:36:43,260 --> 01:36:48,060 I think it's because a lot of the big 2429 01:36:45,000 --> 01:36:49,859 Casino entities want an easier entry 2430 01:36:48,060 --> 01:36:52,980 into the United States market and 2431 01:36:49,859 --> 01:36:55,259 without PokerStars and Full Tilt 2432 01:36:52,979 --> 01:36:57,899 you know it's a lot easier the casino 2433 01:36:55,260 --> 01:37:00,060 companies are ready to go 2434 01:36:57,899 --> 01:37:02,819 um for the most part Caesars is already 2435 01:37:00,060 --> 01:37:06,060 operating online poker outside of the 2436 01:37:02,819 --> 01:37:08,219 United States they are you know they've 2437 01:37:06,060 --> 01:37:10,260 been preparing for this for years and 2438 01:37:08,219 --> 01:37:12,719 that's one of the reasons why it really 2439 01:37:10,260 --> 01:37:15,119 helps to not have PokerStars and full 2440 01:37:12,719 --> 01:37:18,060 till poker in the market 2441 01:37:15,119 --> 01:37:20,340 the internet poker was a lifeblood for 2442 01:37:18,060 --> 01:37:22,860 hundreds of thousands of people I mean 2443 01:37:20,340 --> 01:37:24,539 the best way to describe what a online 2444 01:37:22,859 --> 01:37:26,219 poker player is a successful online 2445 01:37:24,539 --> 01:37:28,260 poker player it's sort of like a day 2446 01:37:26,219 --> 01:37:30,239 trader I mean you know these guys are 2447 01:37:28,260 --> 01:37:32,820 basically sitting in their house like a 2448 01:37:30,238 --> 01:37:34,678 day trader would and uh you know have a 2449 01:37:32,819 --> 01:37:37,019 set schedule and they 2450 01:37:34,679 --> 01:37:39,359 basically work for those hours playing 2451 01:37:37,020 --> 01:37:40,920 poker is a skill it's a craft and uh 2452 01:37:39,359 --> 01:37:42,059 something you develop over time it's not 2453 01:37:40,920 --> 01:37:43,380 something you can just pick up and just 2454 01:37:42,060 --> 01:37:44,880 start doing and making money and you 2455 01:37:43,380 --> 01:37:46,380 have to actually work at it and then for 2456 01:37:44,880 --> 01:37:49,319 them to the government to pull the plug 2457 01:37:46,380 --> 01:37:50,819 like that and just take it all away it 2458 01:37:49,319 --> 01:37:52,198 messed up a lot of people I've got a lot 2459 01:37:50,819 --> 01:37:54,299 of friends that are in really bad shape 2460 01:37:52,198 --> 01:37:55,738 right now they're they're their monthly 2461 01:37:54,300 --> 01:37:58,320 income has been 2462 01:37:55,738 --> 01:37:59,939 uh not only affected it is in my case 2463 01:37:58,319 --> 01:38:02,579 it's just disappeared 2464 01:37:59,939 --> 01:38:03,658 because I I played almost exclusively 2465 01:38:02,579 --> 01:38:05,100 online 2466 01:38:03,658 --> 01:38:06,420 when there's an industry that's this big 2467 01:38:05,100 --> 01:38:09,780 it's billions and billions of dollars 2468 01:38:06,420 --> 01:38:12,840 you sort of can't overstate the economic 2469 01:38:09,779 --> 01:38:14,399 impact that something like this has 2470 01:38:12,840 --> 01:38:15,420 yeah there's no question that Black 2471 01:38:14,399 --> 01:38:17,759 Friday 2472 01:38:15,420 --> 01:38:20,039 dented not only the income of poker 2473 01:38:17,760 --> 01:38:21,600 players it's hurt a lot of people it's 2474 01:38:20,039 --> 01:38:23,579 certain marketing companies publishing 2475 01:38:21,600 --> 01:38:25,679 companies I mean television shows have 2476 01:38:23,579 --> 01:38:27,600 gone off the air which trickle down to 2477 01:38:25,679 --> 01:38:29,760 people like you know us Bluff magazine 2478 01:38:27,600 --> 01:38:31,440 and other websites it just goes boom 2479 01:38:29,760 --> 01:38:34,679 boom boom boom boom 2480 01:38:31,439 --> 01:38:36,178 you can imagine uh you know on a given 2481 01:38:34,679 --> 01:38:37,399 day when we're doing a production 80 2482 01:38:36,179 --> 01:38:40,440 people are working 2483 01:38:37,399 --> 01:38:42,000 and they're all thinking Show's coming 2484 01:38:40,439 --> 01:38:43,678 to an end will there be no more poker 2485 01:38:42,000 --> 01:38:46,679 shows these shows aren't going to come 2486 01:38:43,679 --> 01:38:48,719 back next year these after dark pokers I 2487 01:38:46,679 --> 01:38:51,119 mean who's gonna put the money up for if 2488 01:38:48,719 --> 01:38:54,000 you look at it the poker company has 2489 01:38:51,119 --> 01:38:57,000 created the poker boom and had a huge 2490 01:38:54,000 --> 01:39:00,539 amount to do with it on television and 2491 01:38:57,000 --> 01:39:02,880 so was the poker boom a real boom or was 2492 01:39:00,539 --> 01:39:06,000 it a manufactured Thing by these online 2493 01:39:02,880 --> 01:39:08,760 poker companies and can it Outlast poker 2494 01:39:06,000 --> 01:39:10,979 stars and full till poker 2495 01:39:08,760 --> 01:39:13,139 from the last number I had seen was a 2496 01:39:10,979 --> 01:39:14,759 few months ago I think was that the 2497 01:39:13,139 --> 01:39:18,239 amount of people playing poker in the US 2498 01:39:14,760 --> 01:39:20,719 was about 50 of what it was so it's not 2499 01:39:18,238 --> 01:39:20,718 zero 2500 01:39:37,050 --> 01:39:45,840 [Music] 2501 01:39:42,920 --> 01:39:47,940 if you don't care about poker at all you 2502 01:39:45,840 --> 01:39:50,520 should still be on our side you love to 2503 01:39:47,939 --> 01:39:53,039 bowl great who could imagine any moral 2504 01:39:50,520 --> 01:39:55,440 objection to a game like bowling but you 2505 01:39:53,039 --> 01:39:58,319 know what games like Golf and bowling 2506 01:39:55,439 --> 01:39:59,939 have been banned way back in history the 2507 01:39:58,319 --> 01:40:01,559 King of Scotland thought too many people 2508 01:39:59,939 --> 01:40:03,539 were spending too much time on golf 2509 01:40:01,560 --> 01:40:05,100 because they loved it so much so he 2510 01:40:03,539 --> 01:40:07,738 banned it you know and it's just like 2511 01:40:05,100 --> 01:40:09,420 what is it poker first is it something 2512 01:40:07,738 --> 01:40:11,638 else second is it going to be something 2513 01:40:09,420 --> 01:40:13,920 next after that I don't know but we 2514 01:40:11,639 --> 01:40:15,840 gotta stop it now well I'll tell you one 2515 01:40:13,920 --> 01:40:19,380 interesting thing to me which is that as 2516 01:40:15,840 --> 01:40:22,619 a citizen as a friend of poker players 2517 01:40:19,380 --> 01:40:25,020 um I hate this I hate what's happened my 2518 01:40:22,619 --> 01:40:26,639 heart goes out to these guys I want them 2519 01:40:25,020 --> 01:40:28,440 to be able to get their livelihoods back 2520 01:40:26,639 --> 01:40:30,480 instantly 2521 01:40:28,439 --> 01:40:33,479 as a romantic as somebody who has 2522 01:40:30,479 --> 01:40:35,638 celebrated the outlaw Spirit of Poker 2523 01:40:33,479 --> 01:40:37,678 and the poker player something in me 2524 01:40:35,639 --> 01:40:40,940 likes the idea that pokers back in the 2525 01:40:37,679 --> 01:40:44,100 shadows again that at least mythically 2526 01:40:40,939 --> 01:40:46,259 uh poker had to go back into the saloons 2527 01:40:44,100 --> 01:40:48,000 and back underground because one of the 2528 01:40:46,260 --> 01:40:50,280 great things about what it meant to 2529 01:40:48,000 --> 01:40:53,158 choose the life of a poker player was 2530 01:40:50,279 --> 01:40:55,079 you were in uh the tradition of Doc 2531 01:40:53,158 --> 01:40:56,759 Holliday not in the tradition of Davis 2532 01:40:55,079 --> 01:41:01,198 Love the third you know a professional 2533 01:40:56,760 --> 01:41:03,119 golfer and while 99 of me feels like we 2534 01:41:01,198 --> 01:41:05,519 should get past this instantly there is 2535 01:41:03,119 --> 01:41:07,439 that one percent that 2536 01:41:05,520 --> 01:41:10,560 um still likes the idea that the poker 2537 01:41:07,439 --> 01:41:12,539 player is somebody Who flouts convention 2538 01:41:10,560 --> 01:41:14,760 and doesn't need the government to say 2539 01:41:12,539 --> 01:41:16,380 it's okay in order to engage in it but 2540 01:41:14,760 --> 01:41:18,060 it's just determined to live by his wits 2541 01:41:16,380 --> 01:41:20,219 no matter what 2542 01:41:18,060 --> 01:41:24,659 foreign 2543 01:41:20,219 --> 01:41:28,439 poker is as much a part of Americana As 2544 01:41:24,658 --> 01:41:30,059 baseball and apple pie there's a rich 2545 01:41:28,439 --> 01:41:33,178 history and tradition to the game 2546 01:41:30,060 --> 01:41:36,020 closely associated with the growth of 2547 01:41:33,179 --> 01:41:39,719 America we are a nation of immigrants 2548 01:41:36,020 --> 01:41:42,659 immigrants have a different DNA they are 2549 01:41:39,719 --> 01:41:43,800 they are much more naturally Risk Takers 2550 01:41:42,658 --> 01:41:45,359 are the people who come over from 2551 01:41:43,800 --> 01:41:48,779 Vietnam 2552 01:41:45,359 --> 01:41:51,719 Central America everybody who's here is 2553 01:41:48,779 --> 01:41:55,019 one or two or three generations removed 2554 01:41:51,719 --> 01:41:57,380 from people who took enormous risk there 2555 01:41:55,020 --> 01:41:59,639 is a bit of you know that Western 2556 01:41:57,380 --> 01:42:01,859 swashbuckling a Riverboat Gambler 2557 01:41:59,639 --> 01:42:04,199 mentality built into us you know pokers 2558 01:42:01,859 --> 01:42:07,019 you know the Great American game and and 2559 01:42:04,198 --> 01:42:08,939 I think there is a Mystique about people 2560 01:42:07,020 --> 01:42:14,239 who in a sense can control their own 2561 01:42:08,939 --> 01:42:14,238 destiny through gambling that was crazy 2562 01:42:14,340 --> 01:42:17,520 people don't 2563 01:42:15,479 --> 01:42:19,259 really take those real risks in their 2564 01:42:17,520 --> 01:42:21,480 lives and maybe the game is where they 2565 01:42:19,260 --> 01:42:24,000 can take those risks 2566 01:42:21,479 --> 01:42:26,459 always before there was the sense that 2567 01:42:24,000 --> 01:42:28,439 that I can do better than my father and 2568 01:42:26,460 --> 01:42:30,719 that sort of peaked and so so many 2569 01:42:28,439 --> 01:42:32,819 children grow up today thinking 2570 01:42:30,719 --> 01:42:34,859 I'll never I'll never match Daddy I'll 2571 01:42:32,819 --> 01:42:38,399 never be as good as him I think now with 2572 01:42:34,859 --> 01:42:40,859 mass television with the movies that 2573 01:42:38,399 --> 01:42:43,138 show enormous amounts of success quickly 2574 01:42:40,859 --> 01:42:45,059 that people want it more quickly because 2575 01:42:43,139 --> 01:42:47,699 they're more aware of it than they were 2576 01:42:45,060 --> 01:42:50,460 before so what do you what do you do do 2577 01:42:47,698 --> 01:42:52,379 you plan over the Long Haul no no I'm 2578 01:42:50,460 --> 01:42:55,859 going to get a quick kill yeah 2579 01:42:52,380 --> 01:42:57,900 poker hey man I'll make a killing that's 2580 01:42:55,859 --> 01:42:59,099 how I'll do it I can't beat daddy over 2581 01:42:57,899 --> 01:43:01,460 the Long Haul 2582 01:42:59,100 --> 01:43:06,420 I can beat him with a one-night stand 2583 01:43:01,460 --> 01:43:06,420 [Music] 2584 01:43:06,800 --> 01:43:12,239 people always ask him has poked feet 2585 01:43:09,719 --> 01:43:14,579 they say the boom is over 2586 01:43:12,238 --> 01:43:16,859 nowadays people are even asking if the 2587 01:43:14,579 --> 01:43:19,380 American dream is gone let me tell you 2588 01:43:16,859 --> 01:43:20,880 leader is finished okay it's called the 2589 01:43:19,380 --> 01:43:22,679 poker scope and I invented it the name 2590 01:43:20,880 --> 01:43:24,600 of the company's poker heads in five 2591 01:43:22,679 --> 01:43:26,399 years we've grown to this Warehouse what 2592 01:43:24,600 --> 01:43:29,760 they're doing is starting a new league 2593 01:43:26,399 --> 01:43:32,939 trying to redefine the idea of a great 2594 01:43:29,760 --> 01:43:35,520 poker tournament it's a new thing I am 2595 01:43:32,939 --> 01:43:37,678 the live improved this is American Dream 2596 01:43:35,520 --> 01:43:40,080 you know baby people all over the world 2597 01:43:37,679 --> 01:43:41,880 are starting to play poker no longer 2598 01:43:40,079 --> 01:43:43,979 just an American Dream It's a European 2599 01:43:41,880 --> 01:43:47,039 dream it's an African Dream it's an 2600 01:43:43,979 --> 01:43:48,959 Asian Dream It's a Latin dream and maybe 2601 01:43:47,039 --> 01:43:52,139 what was starting to see 2602 01:43:48,960 --> 01:43:53,939 the stream where anything is possible 2603 01:43:52,139 --> 01:43:55,440 is probably our greatest gift to the 2604 01:43:53,939 --> 01:43:57,539 world we have the Asia Pacific Poker 2605 01:43:55,439 --> 01:43:58,979 Tour the Russian Poker Tour the Latin 2606 01:43:57,539 --> 01:44:01,019 American Poker Tour the North American 2607 01:43:58,979 --> 01:44:03,118 Poker Tour the Italian Poker Tour the 2608 01:44:01,020 --> 01:44:05,340 French Poker Tour the UK Poker Tour the 2609 01:44:03,118 --> 01:44:07,198 Australian Poker Tour poker now has come 2610 01:44:05,340 --> 01:44:09,000 it's International and everybody plays 2611 01:44:07,198 --> 01:44:12,419 now it's one of our biggest exports 2612 01:44:09,000 --> 01:44:14,520 poker is on a worldwide explosion Spain 2613 01:44:12,420 --> 01:44:16,500 is booming right now Brazil is booming 2614 01:44:14,520 --> 01:44:18,659 right now I had a letter yesterday from 2615 01:44:16,500 --> 01:44:21,060 a guy saying he's got 84 million people 2616 01:44:18,658 --> 01:44:22,799 in China playing Texas Hold 'em he 2617 01:44:21,060 --> 01:44:24,480 called it a Black Friday they can call 2618 01:44:22,800 --> 01:44:26,880 it black year 2619 01:44:24,479 --> 01:44:28,379 the game is not going anywhere I've had 2620 01:44:26,880 --> 01:44:30,359 a lot of people tell me that the poker 2621 01:44:28,380 --> 01:44:31,800 boom is over it's yesterday's news and I 2622 01:44:30,359 --> 01:44:33,960 chuckle when I hear that poker's been 2623 01:44:31,800 --> 01:44:37,860 around for hundreds of years I mean it 2624 01:44:33,960 --> 01:44:39,779 didn't just happen in 2001 or 2002 or 2625 01:44:37,859 --> 01:44:41,639 when the camera was inventoring like 2626 01:44:39,779 --> 01:44:44,399 that poker is a game that's going to 2627 01:44:41,639 --> 01:44:46,139 survive long after we're gone April 15th 2628 01:44:44,399 --> 01:44:47,339 rolled around and all the experts said 2629 01:44:46,139 --> 01:44:49,260 the World Series of Poker is going to 2630 01:44:47,340 --> 01:44:51,420 get devastated it's going to cut in half 2631 01:44:49,260 --> 01:44:53,280 and I said no it turned out that I was 2632 01:44:51,420 --> 01:44:55,380 right it was bigger and I'm really not 2633 01:44:53,279 --> 01:44:57,539 worried about the future of Poker we 2634 01:44:55,380 --> 01:44:59,279 still find that there are millions of 2635 01:44:57,539 --> 01:45:01,439 Americans who play in a regularly 2636 01:44:59,279 --> 01:45:03,179 scheduled game I don't think that will 2637 01:45:01,439 --> 01:45:05,698 go away anytime soon it doesn't really 2638 01:45:03,179 --> 01:45:07,980 matter what the government does it's not 2639 01:45:05,698 --> 01:45:11,099 going anywhere poker isn't going 2640 01:45:07,979 --> 01:45:13,738 anywhere because there's always going to 2641 01:45:11,100 --> 01:45:16,079 be somebody chasing the action and once 2642 01:45:13,738 --> 01:45:18,178 online poker becomes legalized and 2643 01:45:16,079 --> 01:45:19,920 regulated in the U.S which is going to 2644 01:45:18,179 --> 01:45:22,139 happen you're going to see another poker 2645 01:45:19,920 --> 01:45:25,260 explosion take off once again every 2646 01:45:22,139 --> 01:45:27,779 sport has been subject to the discussion 2647 01:45:25,260 --> 01:45:30,900 of whether or not its time has passed 2648 01:45:27,779 --> 01:45:32,819 and I think the fact is if you're the 2649 01:45:30,899 --> 01:45:34,920 subject of that discussion that would 2650 01:45:32,819 --> 01:45:37,198 suggest that you have in fact arrived 2651 01:45:34,920 --> 01:45:39,960 because when you play poker it doesn't 2652 01:45:37,198 --> 01:45:42,419 make a difference where you're from who 2653 01:45:39,960 --> 01:45:44,239 you are who your parents are what you 2654 01:45:42,420 --> 01:45:46,880 look like what your religion is 2655 01:45:44,239 --> 01:45:49,198 [Music] 2656 01:45:46,880 --> 01:45:51,300 because when you sit down with the poker 2657 01:45:49,198 --> 01:45:53,819 table it's just you versus the other 2658 01:45:51,300 --> 01:45:55,679 player and even if the chips are down 2659 01:45:53,819 --> 01:45:57,539 and you didn't get dealt with the cards 2660 01:45:55,679 --> 01:45:59,279 you wish you had you can still walk away 2661 01:45:57,539 --> 01:46:01,560 at one 2662 01:45:59,279 --> 01:46:03,569 now let me ask you something where in 2663 01:46:01,560 --> 01:46:04,500 life can you get odds like that 2664 01:46:03,569 --> 01:46:10,250 [Music] 2665 01:46:04,500 --> 01:46:10,250 [Applause] 2666 01:46:12,179 --> 01:46:16,139 you know why do the world's biggest 2667 01:46:13,800 --> 01:46:18,960 movie stars you know 2668 01:46:16,139 --> 01:46:20,940 um why are there why do they seem to be 2669 01:46:18,960 --> 01:46:22,439 so impressed by me 2670 01:46:20,939 --> 01:46:23,759 um I personally hate talking about poker 2671 01:46:22,439 --> 01:46:26,519 people always want to talk about poker 2672 01:46:23,760 --> 01:46:27,900 and you know I have certain rules when 2673 01:46:26,520 --> 01:46:28,860 it comes to discussing poker that my 2674 01:46:27,899 --> 01:46:30,238 friends that are kind of getting into 2675 01:46:28,859 --> 01:46:32,099 poker know that I don't really like to 2676 01:46:30,238 --> 01:46:34,019 talk about poker they respect me because 2677 01:46:32,100 --> 01:46:35,840 I have I've had perfect honor and 2678 01:46:34,020 --> 01:46:38,639 integrity in the game all these years 2679 01:46:35,840 --> 01:46:40,980 and uh and I happen to be a really great 2680 01:46:38,639 --> 01:46:43,618 guy away from the table the two things 2681 01:46:40,979 --> 01:46:44,399 that I've never done that I feel sort of 2682 01:46:43,618 --> 01:46:48,000 like 2683 01:46:44,399 --> 01:46:50,939 diminishes me as a man in in the late 2684 01:46:48,000 --> 01:46:51,960 20th and early 21st century I never took 2685 01:46:50,939 --> 01:46:53,879 up golf 2686 01:46:51,960 --> 01:46:55,560 and I never played poker under 2687 01:46:53,880 --> 01:46:57,960 conditions it could be a contact sport 2688 01:46:55,560 --> 01:47:01,380 as a matter of fact and you just 2689 01:46:57,960 --> 01:47:03,118 burn that hundred dollar bill 2690 01:47:01,380 --> 01:47:07,380 and you try not to get burned yourself 2691 01:47:03,118 --> 01:47:10,198 at the table and what people think is 2692 01:47:07,380 --> 01:47:12,900 that you're so crazy and they'll call 2693 01:47:10,198 --> 01:47:15,839 you more the cigar smoke was so thick 2694 01:47:12,899 --> 01:47:18,960 and the whiskey was so abundant and the 2695 01:47:15,840 --> 01:47:20,699 cursing was great and and I suspect that 2696 01:47:18,960 --> 01:47:22,319 even then people looked upon it as 2697 01:47:20,698 --> 01:47:24,118 should a president be doing this in the 2698 01:47:22,319 --> 01:47:26,158 white house but Harding had his own 2699 01:47:24,118 --> 01:47:28,259 Outsider status he was also having sex 2700 01:47:26,158 --> 01:47:29,638 with a woman in the closet so in the 2701 01:47:28,260 --> 01:47:31,800 middle of the white house so I guess 2702 01:47:29,639 --> 01:47:34,260 playing poker was okay for him I do have 2703 01:47:31,800 --> 01:47:37,380 vices Madam but they're all the vices of 2704 01:47:34,260 --> 01:47:38,219 a gentleman people who don't take risks 2705 01:47:37,380 --> 01:47:41,699 don't 2706 01:47:38,219 --> 01:47:43,859 don't get better me I don't think I've 2707 01:47:41,698 --> 01:47:45,419 ever taken a risk I don't know I mean 2708 01:47:43,859 --> 01:47:47,819 the funny thing is you know what I don't 2709 01:47:45,420 --> 01:47:50,940 like thrill rides I never want to do 2710 01:47:47,819 --> 01:47:52,500 things like parachute bungee jump I 2711 01:47:50,939 --> 01:47:54,419 would say the biggest risk I ever took 2712 01:47:52,500 --> 01:47:56,399 was getting married I guess I got 2713 01:47:54,420 --> 01:47:59,699 married getting married was the biggest 2714 01:47:56,399 --> 01:48:01,259 risk marriage not included okay 2715 01:47:59,698 --> 01:48:03,118 when you ask me what the biggest risk 2716 01:48:01,260 --> 01:48:07,320 I've ever taken I knew instantly what it 2717 01:48:03,118 --> 01:48:08,698 was and it uh I I'm legally I can't talk 2718 01:48:07,319 --> 01:48:11,939 about it I can try and think of the 2719 01:48:08,698 --> 01:48:13,500 second biggest one but uh I'll tell you 2720 01:48:11,939 --> 01:48:16,439 I'll tell you later 2721 01:48:13,500 --> 01:48:18,118 I was able to to feed my ego and my 2722 01:48:16,439 --> 01:48:19,738 family you know you think of Poker you 2723 01:48:18,118 --> 01:48:23,099 think of dirty dark room and you think 2724 01:48:19,738 --> 01:48:24,658 of CD underworld characters of whatever 2725 01:48:23,100 --> 01:48:25,920 you know there's money here on the table 2726 01:48:24,658 --> 01:48:28,138 and I'm hosting this game I'm 2727 01:48:25,920 --> 01:48:30,618 responsible for to run a good clean game 2728 01:48:28,139 --> 01:48:33,020 so 2729 01:48:30,618 --> 01:48:35,939 don't [ __ ] with me okay 2730 01:48:33,020 --> 01:48:37,860 most of the people who kind of ascribe 2731 01:48:35,939 --> 01:48:39,539 this kind of this dream or this thing 2732 01:48:37,859 --> 01:48:40,439 it's it's an emotional dream that 2733 01:48:39,539 --> 01:48:42,118 they're having it's this thing about 2734 01:48:40,439 --> 01:48:43,678 passion and emotion and oh the moment 2735 01:48:42,118 --> 01:48:45,960 when I crack them and I have this and he 2736 01:48:43,679 --> 01:48:48,359 has that you know whereas for the real 2737 01:48:45,960 --> 01:48:50,819 guy who sits there and does it day in 2738 01:48:48,359 --> 01:48:53,639 and day out he's seen every possible 2739 01:48:50,819 --> 01:48:55,679 thing that could happen because I abort 2740 01:48:53,639 --> 01:48:57,060 Christmas and I'm a Jew 2741 01:48:55,679 --> 01:48:59,219 um I don't have to celebrate Christmas 2742 01:48:57,060 --> 01:49:02,340 with anybody I'll go to Vegas and just 2743 01:48:59,219 --> 01:49:04,198 play poker there are a lot of people who 2744 01:49:02,340 --> 01:49:06,119 are not interested in Jesus in this 2745 01:49:04,198 --> 01:49:09,178 country and many of them choose to 2746 01:49:06,118 --> 01:49:12,238 gamble and if you think about like well 2747 01:49:09,179 --> 01:49:15,199 where would the Godless go Vegas is a 2748 01:49:12,238 --> 01:49:15,198 good destination you know 2749 01:49:15,340 --> 01:49:29,819 [Music] 205098

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