Chris Moneymaker has found a new home just four weeks after announcing his split from long-time partner, PokerStars.
Chris Moneymaker has become the latest player to join Americas Cardroom. (Image: ESPN)
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Moneymaker became poker’s original poster boy after winning the 2003 WSOP Main Event. His rise from satellite qualifier to world champion sparked a revolution and, in turn, earn him a deal with PokerStars.
That deal came to an end in 2021 and made Moneymaker the industry’s top free agent. In something of an unexpected move, Americas Cardroom secured a deal.
Chris Moneymaker Making Moves
Moneymaker and Americas Cardroom announced their partnership on February 3 ahead of the Venom IV final table.
As expected, the reaction from people on social media was positive. Even though Moneymaker isn’t regarded as one of poker’s elite, he’s done more for the game than most.
His main reason for joining Americas Cardroom is the fact its available in the US. Like almost everyone else in the world, Moneymaker has been locked down for the best part of a year.
I approve of this addition to the team!
— Mark LaPiana (@HeyItsMark275) February 4, 2021
With live poker a luxury and PokerStars only available in certain states, the 2003 WSOP champ needed other options.
Americas Cardroom is available across the US because it offers alternative payment options such as Bitcoin. Under US law, UIGEA makes it illegal for offshore operators to process payments from US customers.
Free coin master spins. However, it didn’t make onlinepoker illegal. On this basis, Americas Cardroom isn’t breaking any laws by offering a non-standard payment option such as Bitcoin.
Americas Cardroom Shaking Things Up
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That means Moneymaker, like other Americans, has been able to use the site throughout the pandemic.
This reason, among others, led to the poker’s latest high-profile sponsorship deal.
Moneymaker will be an active part of the Americas Cardroom team. He’ll fly the company’s flag at live and online events, like all sponsored pros do.
However, he’ll also have a say in the site’s promotional maneuvers. That’s a challenge he’s ready to grasp with both hands.
It’s also something that could benefit Americas Cardroom. Although it’s a big name in the US, it doesn’t have the same reputation elsewhere in the world.
But, with Chris Moneymaker on the team, that could easily change in the coming months.
Type | Subsidiary |
---|---|
Industry | Online poker |
Founded | 2001 |
Headquarters | San José, Costa Rica |
Worldwide | |
Parent | Winning Poker Network |
Website | americascardroom.eu |
Americas Cardroom is a US-themed online poker site founded in 2001 and headquartered in San José, Costa Rica. The company serves parts of the United States, Canada, Latin America, and several other countries. It is a subsidiary of the Winning Poker Network.
History[edit]
Doyles Room acquisition[edit]
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In October 2011, Americas Cardroom acquired Doyles Room, the online poker site named after Doyle Brunson, a poker professional. Brunson had recently cut ties with Doyles Room following the domain seizures of PokerStars, Absolute Poker, Full Tilt Poker, and Ultimate Bet on April 15, 2011 by the Department of Justice, in United States v. Scheinberg.[1]
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Coding and cryptocurrency[edit]
In 2017, ACR was ranked seven in the world 'on the online poker traffic site PokerScout.com,' according to Forbes. Phil Nagy was the ACR CEO, and made the company implement AGILE style programming in their development.[2]
In 2017, Americas Cardroom expanded its payment options to include more than 60 cryptocurrencies, responding to the growing popularity of Bitcoin around the world.[3]
Delayed payments and botting[edit]
In 2017, concerns among players began with allegations of delayed payments involving withdrawals including bitcoin transfers. Further allegations were made when players alleged the site required that a certain percentage of rake being taken from deposits before withdrawals could be made.[4]
In 2018, professional poker player and podcaster Joe Ingram advised players not to use the site due to alleged botting, cheating and the possibility of superusers.[5][6] In March 2018, the forums at Two Plus Two Publishing removed all advertisements relating to Americas Cardroom.[7] In April 2019, Americas Cardroom and its parent the Winning Poker Network took 'transparent action' against bots, confirming two closed accounts, the return of $200,000 to users, and the creation of a $25,000 maximum reimbursement policy after offending bot behavior. In particular, one user was banned after live video was streamed of the account acting awry.[8]
New events[edit]
ACR has hosted events in Costa Rica, for example in 2018.[9] On May 2, 2018, Americas Cardroom was under DDOS attack. The company as a result cancelled a number of tournaments, including one up to #1 million. According to CalvinAyre.com, the company had experienced intermittent attacks as far back as 2014, and in September 2017, the CEO of Americas Cardroom stated online that ACR would not give in to cyber terrorism or pay ransom to stop the attacks.[10]
In November 2018, ACR launched a $1-million guaranteed poker tournament to be held on Sundays, which became permanent due to popularity. It was named The Sunday VENOM, previously called the Million Dollar Encore.[11] Prior to Venom, it was known for Rathole events, offering prize pools over seven-days.[12] In July 2019, the company promoted that it would give the winner of the $5 million Venom tourney their $1 million payment via bitcoin in the 'largest crypto payment in history for an online gaming site.'[13] During the end of 2019, ACR hosted a $12 million tournament.[14][15]
References[edit]
- ^Richtel, Matt (2011-04-15). 'U.S. Cracks Down on Online Gambling'. The New York Times. Retrieved 2011-04-17.
- ^forbes.com
- ^'Why A Poker Site Will Start Accepting Over 60 Forms Of Cryptocurrencies'. Forbes.com.
- ^Pete (2 August 2017). 'ACR & Black Chip Poker Players Advised to Exercise Caution with Deposits/Withdrawals'. HighstakesDB. Retrieved 2018-03-05.
- ^Equipa PT.PokerNews (2018-02-07). 'Joey Ingram: 'Cheating, botting, collusion e superusing na ACR''. PokerNews (in Portuguese). Retrieved 2018-03-05.
- ^Pete (4 February 2018). ''Do NOT Play on ACR' - Joe Ingram Talks Collusion, BOTS, and Superusing on WPN'. HighstakesDB. Retrieved 2018-03-05.
- ^Teemu (3 March 2018). 'TwoPlusTwo Suspends Winning Poker Network Advertising'. HighstakesDB. Retrieved 2018-03-05.
- ^calvinayre.com
- ^calvinayre.com
- ^calvinyayre.com
- ^calvinyayre.com
- ^calvinayre.com
- ^yahoo.com
- ^cardplayer.com
- ^'Gambling Alliance'. Monday, April 6, 2020
External links[edit]
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Americas_Cardroom&oldid=976292217'