The Origin Of The World Series Of Poker – 5 Rules In The Gambling Extravaganza

Then how did it become so famous and prestigious? It all started in 1949 when Nicholas “Nick the Greek” Dandalos approached Benny Binion with an offer he couldn’t refuse: he wanted to organize a high-stakes poker marathon. The marathon would be available to the public for viewing, and the duration would last for days, or months if necessary.

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Binion set up the game between Johnny Moss and Dandalos – a marathon that would last for five months and only break for sleep and meals keluaran hk. The two men played their hearts out – and they played every form of poker they knew how. However, Moss eventually won the game and brought home approximately $2 million.

Binion saw that each day the poker marathon went on, crowds grew – people were actually interested in watching “The Greek” and Moss compete in the game. It was this poker marathon that was the inspiration behind the World Series Of Poker. The first World Series Of Poker was held in 1970. The aim of the 1970 tournament was to decide who the best poker player in the world was – Binion gathered together as many highly skilled poker players that he could find, and held the tournament at Binion’s Horseshoe in Nevada. That year, the winner was decided by vote, however, the following year, the winner was determined by the same means as today’s World Series Of Poker: everyone will play until one player has won all the chips. Interestingly enough, Moss won again in 1971.

In 1972, Thomas “Amarillo Slim” Preston took home the winning spot. This was also the year that interest in the World Series Of Poker began to increase. Amarillo Slim is credited by developing awareness of the tournament by making appearances on popular talk shows like Johnny Carson.

Another item that has led to an increase in the World Series Of Poker entries is the increase in the popularity of online poker and televised poker. Online satellites have made it easier for amateur players to win spots in the World Series Of Poker, while televised poker has inspired millions to learn the game of poker.

Over the past years, there has been speculations as to whether forex trading is real or just a large scam. This speculation arouse because a large percentage of forex traders lose money to forex trading. This notwithstanding, some forex brokers have made the business of forex trading so difficult with their poor customer service, large spread, requotes and dealing desks. Most brokers claim they don’t have a dealing desk. You cant know this until you commit your hard earned money into trading. That is when you start experiencing requotes due to their slow servers.

The question still remains. Is forex real, a gamble or the largest global financial scam? A lot of my clients have asked me this question and I am going to give my personal unreserved opinion on this matter. The answer to this question can be looked at from three different perspectives:

A Scam?
If you take forex to be a scam, are not wrong to have said that. You may have probably must have been faced with failed promises of their brokers. While you were demo trading, the speed of execution was absolutely out of this world. You had never a requote not until you started live trading. You got luck and made some profits but withdrawal became as difficult as knocking your head against a brick wall. I have been down that lane. As at this moment, I have lost some money to a broker who refuse to credit my account after I have filled withdrawal request. All attempts to reach the broker has been futile. So, if I say forex is a scam, then I am justified. But, how do you spot a perfect forex broker? I will be sharing some tips with you in subsequent posts.