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three four minutes
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[Music]
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I was actually in the process of moving
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houses me and my wife had sold our house
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and we're just been moving all day
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that's all we've been doing and uh you
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know sometime in the afternoon that day
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I get a phone call
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and they're like uh do you know what
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happened
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I specifically remember I was in of all
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places Gary Indiana I was playing in a
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tournament and we jumped online and all
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of a sudden there was a lot of Buzz and
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a lot of discussion about what was going
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on
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[Music]
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I was on my way traveling to
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Florida I was in my car driving going to
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the cinema well I was on a USO tour
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uh we went to Kuwait is it this is this
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is like the the Kennedy assassination
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every every poker player knows knows
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where he was
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[Music]
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the first reaction I had to this was one
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of panic in Europe maybe it took a day
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or two to sink in I was in bed and it
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was early and I got a call on my home
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line and I knew that I had to mean
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something it was my agent Brian who
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called and I I got a couple texts from
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Tom Dewan and stuff so I knew something
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was up um it was like 10 30 11 o'clock
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and no one everyone knows not to call
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before noon there's no question that
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what happened resulted in a tectonic
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shift in the poker landscape and
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unfortunately that has had pretty severe
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economic consequences for a lot of the
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industry and a lot of the community
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you know these guys making three four
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hundred thousand a month or more it's a
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lot of money you know you kind of like
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lose respect for money I guess when you
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make that much money that easy every
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month and you know what you think it's
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not gonna end but guess what it did end
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it did it did it's over and I think
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everybody kind of went like why why are
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you cracking down on
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on poker I mean this is you know this is
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like this might as well crack down on
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baseball the founders of the three
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largest online poker sites were indicted
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by the FBI on Friday and what could
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serve as a death blow to the thriving
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industry
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[Music]
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laughs
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[Music]
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what do you admitted or not
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you all dream in that moment when you
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can change everything
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when you can reinvent yourself
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rarely does that opportunity
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to present itself
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and what it does how many of you would
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recognize it when it comes
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and even if you have the Gods Not to
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just cash in while you were ahead of the
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game
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but the gamble to really go for it go
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for all
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I'm sure
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I'm sort of Dreams you never met anyone
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the dreams you think of before you're
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pushing all your chips the dreams you
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wish for with your eyes closed right
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before you blow out the candles
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I mean let me ask you this when those
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guys back in Lexington and Concord
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we're upset about paying taxes if I had
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this shot heard around the world
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did they know what they were starting
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or they just looking for some action
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[Music]
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is a way to understand what makes
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America tick I just think poker players
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are the last last American Cowboys poker
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is the games as like jazz is the music
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right I mean it's our game and the
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world's taking to us this could be the
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start of something big look there is
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something cool about being good at poker
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I wish I were a really great at poker
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there's something that is absolutely
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linked to the American psyche in our DNA
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from the start is this adventurous group
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of people who are willing to take a
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chance
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[Music]
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poker is the epitome of of capitalism
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anyone can play all you have to do is
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have the money to buy in
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[Applause]
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that this could be the startups
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for the most amazing thing is that it
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has become as popular as it has no one
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could Envision the boom this thing's had
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both good right now is bigger than the
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Super Bowl
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it's definitely part of our national
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story that each one of us is out to like
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make his Destiny it's a game of bluffing
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like the entire American character at
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the heart of it is all built around I'm
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gonna Bluff that this is who I am and
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then that's who I'm gonna be what's
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amazing to me is there's people that
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want to shut down poker inside the
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United States whether it's in casinos
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whether it's online and
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that that that's that's crazy
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it's love life religion politics all
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wrapped up into one game
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[Music]
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[Music]
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Shuffle Up and Deal
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[Applause]
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[Music]
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thank you
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no one really really knows when and
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where this game was created
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I I think that's a fascinating thing
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about how is a game developed I mean who
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thought of this game who who uh thought
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of it who explained it the first time to
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say to his 8 or 10 or 12 15 buddies and
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said here's what we're going to play and
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here's how you play the game it's almost
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like genesis in a sense I mean about you
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know when it all began
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American country where people like to
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take risks like to live life on the edge
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that that is what poker is about I mean
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poker's always been a part of of
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American culture you know
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you got to keep in mind there was so
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little gambling that was legal in this
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country when so many of us were growing
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up and cards was one thing that you
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could do that involved gambling I have
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been playing poker for two and a half
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years my whole family are games players
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my parents had a card night every Friday
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night I would say maybe every second or
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third Sunday the men would be in the
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basement playing poker we played poker
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when I was growing up we had a family
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game and as a little kid you know I'd
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come and they'd say come on over here
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with my head for good luck I always
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wanted to play poker because that's what
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Tom Sawyer played you know in the books
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all the boys books they always played
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poker my father played with the friends
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in the house my dad had this crappy set
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of plastic tips the great thing about
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pokers if you've got a bunch of friends
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and you play there's wonderful
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camaraderie that happens we played low
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ball we played five cards to seven card
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stud one guy brings the beer one guy
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brings the you know the
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the dip and and no one gets hurt too bad
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men with best jobs and completely
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legitimate careers they find it exciting
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for a few hours a week or night to
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behave like bad boys yeah right now
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we're you know at the University of
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Wisconsin Memorial Union uh known to the
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students as a student union you think
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any any chance you could take a picture
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no problem let's do it my poker career
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started here so I remember this building
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well
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um it was right over here that I played
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my first poker game
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five dollar buy-in ironically you could
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smoke pot openly in the union no one
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would stop you but if you played poker
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they'd roused you so apparently back
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then in 1985 poker was worse than doing
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drugs
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you're in Lakeland Tennessee which is
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just outside of Memphis we're about 30
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minutes outside of Memphis to the east
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side
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um pretty small town don't even know if
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we have a Town Square or anything or
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downtown
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looks like everybody's ready to play
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what's up guys
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the story of Chris Moneymaker is pretty
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interesting he is an accountant and or
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at least he was an accountant and he was
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viewed as sort of every man
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uh everyday guy accountant who looks
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just like you and me grew up in
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Knoxville Tennessee and growing up I
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would hustle all the neighborhood kids
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but with pool and then we started
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throwing dice as kids and so basically
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my whole life I was gambling in some
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shape form or fashion finally when I
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turned 18 I was able to go into cruise
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ship casinos and play Blackjack and
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started doing that and was addicted to
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that I taught him Blackjack we were on
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cruise ships and I taught him Blackjack
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not the coolest dad in the world I mean
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he actually took me when I was 17 and
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showed me his box that he had fifty
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thousand dollars in which at the time
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was more money than God and uh took me
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out and showed me that and I was in awe
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that was his Gambler box got to college
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sophomore year and figured out you could
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bet on sports
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worst thing in the world that ever
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happened to me
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so we started gambling throughout the
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rest of the year and we ended up making
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sixty thousand dollars uh between me and
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my dad and uh
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I bet these these four games are going
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to win I ended up getting 15 000 on all
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four games and lost every Every Which
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Way in fashion you could
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so I ended up losing all the money my
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dad had no idea that I lost it
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um I called him up uh went hung over
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Sunday and told them that our account
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was zero and he thought I was joking of
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course he was beside himself and didn't
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know what what even to say
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very miserable life I remember at one
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point I had 50 bucks to my name and me
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and my buddy were deep into it together
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we had 50 bucks we can go get something
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to eat or we can you know get on the
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Jets today
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we got on the Jets and they lost damn it
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foreign
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the process essentially starts with a
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single ply of paper that in on its own
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doesn't appear particularly hand-worthy
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this is what a deck this is what a sheet
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of playing cards looks like this is the
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size of defect that will scrap out a job
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if we have a defect that is that size
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then we have to throw away we have to
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shred that deck of cards because that's
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a marked deck
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[Music]
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I mean if you go back to the 14th
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century 15th century clearly it was the
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aristocracy that was playing with
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playing cards they were truly a novelty
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when printing technology got to the
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point where they could be mass-produced
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which is into the 1800s that's when you
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began to see people bring playing cards
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to the masses and that is the emergence
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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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