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55-421: The Global Poker Index uses data from the biggest poker database The Hendon Mob , known for collecting results of tournaments around the world and for being the reference in tournament results. They currently host results for over 325,000 poker tournaments. The index is used in famous newspapers along with sports results to communicate poker rankings, both on the online and print version. The Global Poker Index

110-456: A $ 1 buy-in tournament with a first prize of $ 50,000. PokerStars was so busy during the early stages of the tournament, all tournaments had to be stopped for 20 minutes because the heavy traffic crashed their servers. This record had been broken again in June 2013, with 225,000 participants. The buy-in was $ 1 and went completely into the prize pool, with no rake . In January 2012, PokerStars introduced

165-418: A $ 20,000 buy-in events. Furthermore, all tournaments with a buy-in larger than $ 20,000 are treated as though the buy-in was only $ 20,000 and all tournaments with a buy-in smaller than $ 400 are treated as though the buy-in was $ 400. The GPI also includes a Finishing Factor, which measures how players perform relative to the rest of the field they compete within in any given poker tournament. This Finishing Factor

220-781: A Celebrity team and a Sports team, called respectively "Friends of PokerStars" and "SportStars". These have included Jamaican Olympic gold medal winner and World record holder Usain Bolt and American actor comedian Kevin Hart . Former associated celebrities include World Cup winning Brazilian striker Ronaldo , tennis pro Rafael Nadal , former tennis champion Boris Becker , FIFA World Cup-winning Italian goalkeeper Gianluigi Buffon , Manchester United star Cristiano Ronaldo , Dutch field hockey Olympic Gold medalist Fatima Moreira de Melo , Norwegian cross-country skier Petter Northug , Swedish cross-country skier Marcus Hellner , quantitative analyst and author of

275-541: A European Union license granted by the Malta Lotteries and Gaming Commission. While privately owned, PokerStars had been the subject of financial media speculation regarding a possible initial public offering or merger with a publicly listed company. Analysts estimated its market value would have been approximately US$ 2,000,000,000 in 2006, which would have made the company one of the world's largest privately held gambling companies. PokerStars overtook PartyPoker as

330-591: A VR headset was added along with a rebranding. PokerStars.net is a company website offering only free play games. The pokerstars.net domain is used primarily in their TV advertisements since there are no real money games available at this website. This avoids any legal issues or censorship of using their pokerstars.com domain which allows real money games. PokerStars.tv is the online source for PokerStars TV shows, commercials and event highlight shows – with commentary and expert analysis available in up to 7 languages. The content available includes live cards-up coverage of

385-467: A double dagger (‡). The 5th Annual Global Poker Awards for the 2023 poker season was held on February 24, 2024, at the PokerGO Studio at ARIA Resort & Casino. There were 29 awards presented, and the show was aired on PokerGO and was hosted by Jeff Platt and Drea Renae. Winners are listed first, highlighted in boldface , and indicated with a double dagger (‡). The Global Poker Index released

440-541: A downloadable mobile client for iOS from iTunes . In February 2012, the company also introduced a client for Android . In July 2012, PokerStars bought its former competitor, Full Tilt Poker . The $ 731 million deal settled a civil lawsuit with the Department of Justice while giving ownership of Full Tilt Poker's assets to PokerStars. In June 2014, The Stars Group, then known as Amaya Inc, agreed to buy PokerStars and its parent company for $ 4.9 billion in cash. The deal

495-422: A fully immersive virtual reality poker experience. The platform was developed in collaboration with virtual reality software developer Lucky VR and was unveiled at EGX 2018. In October 2019, The Stars Group, owner of PokerStars, agreed to be acquired by Flutter Entertainment, in a $ 6 billion all-share merger. On May 5, 2020, PokerStars became part of Flutter Entertainment. In 2021, PokerStars entered into

550-504: A partnership with Red Bull Racing , sponsoring their Formula One team, with the brand to appear on Red Bull's new cars for the next few seasons, as well as on the suits of Max Verstappen and Sergio Pérez . In January 2022, PokerStars announced an extended multi-year partnership deal with Red Bull Racing. The deal included PokerStars' branding on the RB18 and race suits. The company stated they aim to provide fans "new and unique ways" to watch

605-400: A partnership with PokerStars, owned by parent company for the integration of its Quickfire platform. In July 2017, PokerStars agreed to a deal with bankruptcy administrators to acquire some of rival PKR.com 's assets without reviving the brand, while refunding the full account balances of the entire PKR player base. In December 2017, PokerStars unveiled a brand new player tournament called

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660-400: A player finishes in-the-money they receive a GPI score. Those scores fall into one of six time periods, each of which covers a half-year based on the starting date of the tournament. These are called GPI Aging Periods. The sum of the player's largest five (5) scores for each of the two Aging Periods in the most recent year and their four (4) largest scores for the four Aging Periods prior to that

715-677: A registered address in, Slovenia. In November 2018, PokerStars was cleared to launch in Pennsylvania for real money in 2019. On January 29, 2021, PokerStars launched in Michigan. PokerStars was Michigan's first regulated online poker site. In December 2022, PokerStars announced the would be combining players from Michigan and New Jersey under the Multi-State Internet Gaming Agreement. In February 2024, PokerStars disagreed with Peru's new online gambling regulation and exited

770-601: A result, legal online poker returned to Portugal. In March 2016, PokerStars launched in New Jersey for real money. In June 2016, PokerStars ceased to allow real-money online poker in Israel. The decision is thought to have been made after recent pressure from the country's banking regulator on financial institutions demanding they stop processing online gambling transactions. In July 2016, PokerStars stopped offering real money games to players who are physically located in, or have

825-442: A single, unified ranking platform covering the live tournament poker world in its entirety. The GPI tracks players' results for their prior 3 years of play, in qualifying tournaments with 32 or more entrants (specialty events and freerolls are not counted), using a patent-pending formula that takes into account result ages, field difficulties, and field sizes to generate live tournament player rankings. For each qualifying tournament

880-406: Is a fast fold ring game poker format where opponents change after every hand. The aim of Zoom poker is to offer players more hands of poker than in a regular ring game. In January 2013 PokerStars rolled out Zoom Poker Tournaments due to popular demand for the fast fold variant The site's weekly Sunday Million tournament has a guaranteed $ 1 million prize pool and a $ 215 buy-in. The Sunday Million

935-471: Is a free-play poker game for Oculus and Steam platforms that was released in 2018. It allows players to get free chips and use them to play Texas hold 'em as well as roulette , blackjack , slots , and sports betting , although the winnings cannot be transferred into real money. Players can use store credits to buy cosmetics and props for use in games. As of February 2022 it was the 14th most popular game on Meta Quest. In October 2023, PC support without

990-555: Is calculated initially by dividing the field size by the player's finishing position and is also done using a logarithmic function. Furthermore, for any tournaments with a field size larger than 2,700 players will be treated as though their field was only 2,700. The GPI also employs an Aging Factor to player results. This is a multiplier that gives more points to tournaments based on how recently they were played in order to reward players both for recent success and consistency over time. Each Aging Period consists of 6 month periods of time, with

1045-457: Is the biggest weekly online poker tournament. On March 7, 2011, The 5th Anniversary Sunday Million broke records, with 59,128 players creating a total prize pool of $ 11,825,600. World Championship of Online Poker (WCOOP) has been running since 2002 and is regarded as the online equivalent of the World Series of Poker. The WCOOP tournament series is the largest online poker series and pays out

1100-678: Is their total GPI score. GPI scores themselves are calculated by multiplying a Buy-in Factor, Finishing Factor, and Aging Factor. The Buy-in Factor is the GPI's measure of relative difficulty, presuming larger buy-ins draw a more skilled field. Its median is calculated by dividing the USD equivalent of a $ 1,000 buy-in (fee included) by 1,000. This results in a Buy-in Factor of 1.0 for a $ 1,000 tournament, with Buy-in Factors being larger or smaller than 1.0 depending on whether

1155-1048: Is to allow Michigan and New Jersey poker players to play together, as both states are participants in the Multi-State Internet Gaming Agreement (MSIGA). PokerStars stated, "The upgrade is a necessary milestone to bring more games, bigger prize pools and guarantees in poker tournaments so New Jersey and Michigan poker players can compete against one another in the near future." PokerStars offers multiple poker variations: Texas hold 'em , Omaha , Omaha Hi/Lo (8 or Better) , Courchevel, Stud , Stud Hi/Lo (8 or Better) , Razz , Five-card draw , 2-7 Triple Draw & 2-7 Single Draw , Badugi , HORSE , HOSE , Mixed Hold'em, Mixed Omaha Hi/Lo, Triple Stud and 8-Game Mix . PokerStars also offers "Mixed Games," which rotate through several of these games. PokerStars averages over 15,000 players playing real money cash games daily. PokerStars launched Zoom Poker in March 2012, with an official launch in May 2012. Zoom Poker

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1210-575: Is used as a central reference point when ranking live tournament poker players including France, Italy, Spain, Brazil, Latin America and the USA. The GPI create rankings of players comprising professional poker teams to show which teams’ players have the best overall results. Ranked teams include PokerStars , Winamax and Party Poker . The GPI Player Of the Year (POY) award is given to the player topping GPI's Player of

1265-449: The poker boom of the mid-2000s. The press has called this the " Moneymaker effect ." PokerStars was part of The Stars Group until it was sold to Flutter Entertainment , owner of the Irish gambling company Paddy Power , on May 5, 2020. PokerStars launched its beta play-money-only site on September 11, 2001. The company began offering real money wagering on December 12, 2001. PokerStars

1320-628: The 'Chen Formula' for Texas Hold'em Bill Chen , Brazilian auto racer and race team owner Gualter Salles and French rugby union international Sébastien Chabal . PokerStars.com and PokerStars.eu operate worldwide under a license from the Maltese government. PokerStars also operates under separate government licenses in Denmark, France, Italy, Belgium, Spain and Estonia. In October 2008, PokerStars launched PokerStars.it, exclusively for Italian players, which offers real money tournaments in euros in addition to

1375-600: The 2014 World Series of Poker where the magazine was distributed for free in the Rio All Suite Hotel and Casino , as well as in other places in Las Vegas . The 56 page first edition saw the poker pro Vanessa Selbst making the cover, and featured numerous people from the industry. The Hendon Mob The Hendon Mob are a group of four professional poker players from London , England : Joe Beevers , Barny Boatman , Ross Boatman , and Ram Vaswani . The name of

1430-401: The 2018 poker season was held on April 5, 2019, at the PokerGO Studio at ARIA Resort & Casino. There were 20 awards presented, and the show was aired on PokerGO and was hosted by Ali Nejad and Drea Renae. Winners are listed first, highlighted in boldface , and indicated with a double dagger (‡). The 2nd Annual Global Poker Awards for the 2019 poker season was held on March 6, 2020, at

1485-638: The American Poker Awards took place in Los Angeles , USA, and rewarded the best live poker players in America, as well as the biggest contributors in the industry. Starting in 2019, the Global Poker Index announced the 1st Annual Global Poker Awards to be held on April 5, 2019. The event would combine multiple awards programs, including the American Poker Awards and European Poker Awards. The 1st Annual Global Poker Awards presented by PokerStars for

1540-464: The League. On 29 February 2012, when Federated Sports + Gaming announced that they had filed for Bankruptcy, all of the organizations and all the brands were acquired by Pinnacle Entertainment , Inc., at a bankruptcy auction in June 2012. Following this acquisition, Zokay Entertainment and the company's CEO, Alexandre Dreyfus acquired the GPI brand, along with its patent-pending formula, in order to create

1595-436: The PokerGO Studio at ARIA Resort & Casino. There were 25 awards presented, and the show was aired on PokerGO and was hosted by Maria Ho and Drea Renae. Winners are listed first, highlighted in boldface , and indicated with a double dagger (‡). The 3rd Annual Global Poker Awards for the 2021 poker season was held on February 18, 2022, at the PokerGO Studio at ARIA Resort & Casino. There were 26 awards presented, and

1650-634: The PokerStars Players No Limit Hold'em Championship, which is to be held in January 2019. The tournament is expected to become one of the biggest events in the annual poker calendar with a $ 25,000 buy in and a $ 1 million bonus for the eventual winner. In March 2018, The Stars Group reached an agreement with gaming company Sugal & Damani to support the launch of its PokerStars brand in India. In September 2018, PokerStars launched PokerStars VR,

1705-629: The Year Female Player of the Year The Global Poker Index aggregates the Top 300 performing players in the world and groups them by nationality to create GPI Country Rankings to show how many top players hail from specific nations. Currently the US is the world's top performing country in terms of live tournament player results, with over 50% of all Top 300 GPI ranked players being American. Using

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1760-647: The Year Leaderboard at the end of each calendar year. Standings are updated weekly with the top 1,000 contenders ranked according to results, with the Leaderboard utilizing an augmented version of GPI's existing ranking formula which disregards aging factors and includes 11 total results from qualifying tournament results in each given year (top 6 results from the first 6 months of the year and top 5 results from these 6 months of each year). Buy in restrictions, minimum player field restrictions are kept as-is, as Player of

1815-585: The biggest PokerStars tournaments, TV shows such as The Million Dollar Challenge and PokerStars Big Game and online tournament highlights from WCOOP and SCOOP. PokerStars sponsors a team of professional poker players known as Team PokerStars. As of 2023 , the team consists of André Akkari , Arlie Shaban , Ben Spragg, David Kaye, Felix Schneiders, Fintan Hand, Georgina James, Jennifer Shahade , Lasse Jagd Lauritsen, Laurie Tournier, Lex Veldhuis , Nicholas Walsh, Parker Talbot, Rafael Moraes, Ramón Colillas, Sam Grafton and Sebastian Huber. PokerStars also has had

1870-406: The buy-in is larger or smaller than $ 1,000. This calculation uses a logarithmic function. It does so because the incremental increase in the skill set of the field theoretically diminishes as the buy-in amount increases. For example, in the GPI formula the percentage increase of GPI's Buy-In Factor between a $ 1500 event and an $ 2000 event is much greater than its percentage increase between $ 19,500 and

1925-467: The charges against them. On July 31, 2012, the US government dismissed with prejudice all civil complaints against PokerStars and Full Tilt Poker after reaching a settlement with PokerStars which includes PokerStars acquiring Full Tilt. Under the terms of the settlement, PokerStars and Full Tilt Poker admitted no wrongdoing for their past U.S. activities. The U.S. Government acknowledged both companies can apply for licenses to operate online gaming in

1980-551: The country rankings, the Global Poker Masters will be a world cup of poker, gathering the best players from 9 countries around the world, in order to decide which country is the best. The Global Poker Index is the host of the European Poker Awards. The GPI EPA takes place every year in January and rewards the best European Poker Players and newcomers, as well as the people involved in the industry. Starting in 2015,

2035-538: The country. On April 15, 2011, the Department of Justice seized the .com internet addresses of the three online gambling sites, a total of five URLs : Pokerstars.com, Fulltiltpoker.com , Absolutepoker.com , Ultimatebet.com and UB.com. On April 15, 2011, the U.S. Attorney's Office for the Southern District of New York seized and shut down Pokerstars.com and several of its competitors' sites, alleging that

2090-470: The end of 2005. The Mob were then sponsored by Full Tilt Poker until September 2011, when the online poker site was accused of fraud. The deal was reinstated when Full Tilt Poker reached an agreement with the U.S Department of Justice. The Hendon Mob is also a website that includes the biggest poker player database worldwide, that collects the results of every poker tournament in the world since 2000, indexed by location, date, and player. The origin of

2145-536: The first ever Fantasy Poker game allowing poker fans to draft for free their favorite players for the biggest poker tournaments in the world. The game quickly became the official game of the World Poker Tour and the World Series of Poker The game consists in drafting 10 poker players with a defined virtual budget, following the concept of fantasy sports in general. GPI launched its first print publication during

2200-607: The group was first publicised by the Evening Standard newspaper in September 2000. Joe Beevers is the only member of the group who actually comes from Hendon , but the others played in Hendon. The Mob first became recognised for their appearances on the televised poker programme Late Night Poker (1999–2002). The Hendon Mob also regularly attends the annual World Series of Poker and other major tournaments. They have dozens of in

2255-533: The information contained in the database was queried in a court action brought by rival website Pokerpages.com, and information sourced from Pokerpages.com has since been removed from the database. In July 2013 the Mob's website was acquired by the Global poker index . PokerStars PokerStars is an online poker cardroom. It is the largest real money online poker site in the world, controlling over two-thirds of

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2310-543: The largest prizes in online poker. The WCOOP 2010 Main Event champion Tyson "POTTERPOKER" Marks won $ 2.2 Million, the largest online tournament prize in history . Spring Championship of Online Poker (SCOOP) was established in 2009 and has since become the most popular online tournament series. Unlike WCOOP, there are three different buy-in stakes in the SCOOP events: Low, Medium (10x Low stake) and High (100x Low stake). Micro Millions

2365-493: The money results between them. The Mob were used in series one of the British con-art documentary series ' The Real Hustle '. Presenters R. Paul Wilson and Alexis Conran , posing as poker novices filming a documentary, beat the Mob by smuggling in decks stacked to their advantage. In 2004 and 2005, the Mob was sponsored by Prima Poker to the tune of $ 2 million worth of worldwide tournament buy-in fees. In exchange they played on

2420-547: The most recent being the previous 6 months from the present, and going backwards from there through to a point 3 years in the past. Each Aging Period has a different multiplier that is applied to score calculations, with multipliers decreasing as each Aging Period becomes less recent. The Global Poker Index National Rankings ranks players by Country, with 20 different national rankings are currently available, by North American, Latin American, European, and Asian regions as well. The GPI

2475-471: The online Prima poker-room network. As part of the tour, the Mob challenged four-player teams of various nationalities to heads-up matches, culminating with the UK versus the U.S. in the inaugural Prima Transatlantic Cup in 2004. The Mob had won each of these international team matches until falling 3–1 to the US team of Phil Ivey , Andy Bloch , Chris Ferguson , and Paul Wolfe. The Mob's deal with Prima expired at

2530-504: The show was aired on PokerGO and was hosted by Jeff Platt and Drea Renae. Winners are listed first, highlighted in boldface , and indicated with a double dagger (‡). The 4th Annual Global Poker Awards for the 2022 poker season was held on March 3, 2023, at the PokerGO Studio at ARIA Resort & Casino. There were 27 awards presented, and the show was aired on PokerGO and was hosted by Jeff Platt and Drea Renae. Winners are listed first, highlighted in boldface , and indicated with

2585-528: The sites were violating federal bank fraud and money laundering laws. On April 20, 2011, the U.S. Attorney's office returned control of the Pokerstars.com domain name to the company in order "to facilitate the withdrawal of U.S. players’ funds held in account with the companies." On July 10, 2012, PokerStars, asserting the Government had insufficient grounds on which to base the charges, filed motions to dismiss

2640-414: The sport in addition to increase technological advancements. In April 2022, PokerStars launched their peer-to-peer betting exchange which allowed customers to enter their own odds and bet against other customers. In December 2022, PokerStars announced that Michigan and New Jersey players would be unable to access their servers on December 12 and December 13 for a "major upgrade of the site". This upgrade

2695-409: The total online poker market, and can be accessed through downloadable poker clients for Windows , macOS , Android and iOS . A PokerStars.com online satellite tournament produced the 2003 World Series of Poker (WSOP) champion, Chris Moneymaker . As the first person to become a world champion by qualifying at an online poker site, Moneymaker's 2003 win was an important factor in catalyzing

2750-681: The usual play money games. PokerStars offers some ring games and tournaments on its main PokerStars.com site in euros. In March 2010, the site began allowing users to keep their real-money accounts in British pounds and Canadian dollars as well as U.S. dollars and euros. In July 2015, PokerStars withdrew from the Portuguese market. In November 2016 the Portuguese regulator, Serviços de Regulação e Inspeção de Jogos (SRIJ) issued its first online poker license to The Stars Group's subsidiary REEL Europe Limited. As

2805-629: The world's largest online poker room after the U.S. Congress passed the Unlawful Internet Gambling Enforcement Act of 2006 . Many sites, including PartyPoker, immediately suspended business with U.S. gamblers, while others, including PokerStars, did not. In December 2009, PokerStars set the world record for the biggest online tournament. The tournament entry fee was $ 1, and the number of entrants reached 149,196. They broke that record in December 2011, when 200,000 players played in

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2860-504: Was completed on August 1, 2014. Later the deal led to a major insider trading investigation conducted by the Autorité des marchés financiers (AMF) over a four-year period concerning Amaya Inc. As of April 2016, they have reached an agreement with Netent to add desktop and mobile gambling games to its poker lobby in New Jersey and other locations. In February 2017, Microgaming announced

2915-498: Was launched in March 2012 as a tournament series designed for recreational and micro-stakes players offering a low buy-in tournament schedule and large guaranteed cash prizes. PokerStars guaranteed $ 5 million in prize pools for the second installment of MicroMillions. In 2014, PokerStars was hosting 500,000 online tournaments each day. PokerStars sponsors various live poker tours ongoing such as: And tournaments that did not continue, such as: Vegas Infinite, formerly PokerStars VR,

2970-647: Was originally a Costa Rican company, Rational Enterprises, part of Canadian company The Stars Group which was majority owned by the Canadian Scheinberg family. The company was subsequently moved to Onchan , Isle of Man . The move was driven by the establishment of a 0% corporate tax rate and the removal of rules barring companies from accepting casino and poker bets from the United States. PokerStars holds numerous licences in other jurisdictions (see Regulated Markets below). In February 2012, PokerStars acquired

3025-510: Was originally created by Federated Sports + Gaming, along with the Epic Poker League (EPL), with Former World Series of Poker ( WSOP ) commissioner Jeffrey Pollack acting as the executive chairman, professional poker player Annie Duke as commissioner, and Matt Savage as the League's tournament director. The GPI was employed to rank players for the EPL and decide which players could take part in

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