PokerStars is the largest online poker cardroom in the world. It launched its real money games in December 12, 2001 and has since grown to have as many as 300,000 players on their site playing poker. PokerStars overtook PartyPoker as the world's largest online poker room after the UIGEA was passed and PartyPoker left the US market. There have been rumors for many years that Pokerstars would do an IPO but it has yet to happen.
Team PokerStars is a collection of the best players in the poker world who represent the online site. After Chris Moneymaker famously won the 2003 World Series of Poker main event after gaining entry through a PokerStars satellite, Pokerstars made an effort to sign up many of the WSOP main event winners to represent the site. Some of the former main event winners representing Pokerstars are: 1983 champion Tom McEvoy, 2005 champion Joe Hachem, 2008 champion Peter Eastgate, 2009 champion Joe Cada, and 2010 champion Jonathan Duhamel.
PokerStars is the headline sponsor of many tournament series, including: the European Poker Tour (EPT), Asia Pacific Poker Tour (APPT), Latin American Poker Tour (LAPT), and North American Poker Tour (NAPT). PokerStars also sponsors the PokerStars Caribbean Adventure (PCA), a stop on the European, Latin American and North American Poker Tours. Pokerstars is also the home of the World Championship of Online Poker (WCOOP), the largest online poker tournament series in the world.
In 2005, eGaming Review named PokerStars.com the "Best Poker Operator of the Year".
On December 27, 2009, Pokerstars set the world record for the single biggest online tournament. With an entry fee of $1, the tournament attracted 149,196 players.
The site dealt its 50 billionth hand on September 22, 2010. The winner of the hand, a player named "tbvle" from Germany, was playing at the $0.02/$0.05 No Limit Hold'em cash table and won $56,114 in bonus cash in addition to the $26 pot. The other five players at the table made between $2,990 and $3,070 in cash, and everyone received a $5,200 WCOOP Main Event seat. In total PokerStars awarded $952,239.50 in bonus cash over the course of the 50 Billion Hand celebrations.
PokerStars offers ten varieties of poker games: Texas hold 'em, Omaha, Omaha Hi/Lo (8 or Better), Stud, Stud Hi/Lo (8 or Better), Razz, Five-card draw, Deuce to Seven Triple Draw, Deuce to Seven Single Draw and Badugi. Mixed games are also offered. Real money games range in limits from $.01/$.02 up to $1000/$2000. PokerStars offers software for Macs and in March 2010 began allowing users to keep their real-money accounts in Pounds and Canadian dollars as well as U.S. dollars and euro.
The games at PokerStars are not known to be loose, but players still flock to the site because of the quality of the software, the liquidity of the games, the quality of the support, and the great tournament offerings. Although PokerStars has always been a well-regarded site, it has nevertheless acquired the nickname "RiverStars" for its reputation among the online poker conspiracy theorists for its perceived bias of making players lose hands on the river.
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ALL ARE RIGGED on November 18, 2008
2HighIsTheNutz on November 8, 2008
The problems with using the AP/UB fiasco as supporting evidence is that the culprits were players and former employees who were able to crack the system. Even though many people patted themselves on the back for supposedly being correct about online poker being rigged, that didn't prove anything about the sites themselves. 99% of the "online poker is rigged" crowd are accusing the sites themselves (hence the "Riverstars" and "Jokerstars" labels) of being corrupt. Pointing out that cheating occured doesn't validate that point. To me, having a few selective games (out of the billions of hands) being rigged is nothing close to being a systematic problem.
Second, his point was that almost all losing poker players think the sites are cheating when they lose. This list of poker losers runs to about (literally) tens of millions of people. Even if there were people who did lose because of some type of online rigging, this doesn't validate the other 99.999% of people who lost because of lack of skill. |
mrkromer on October 16, 2008
Yeah, and I guess you didn't get the memo about the poker site employees who cracked the system and were ripping off hundreds of thousands of dollars on AP or UB, I forget which. Nope, no way you could rig anything online. Reality check, if man can program it, man can manipulate it.
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HPG ADMIN on October 14, 2008
This has been the most entertaining read I have had all week. The suggestion that PokerStars is in any way rigged is probably the stupidest thing I've ever heard. Ever think the reason you see so many bad beats is because you see about 3 times as many hands per hour as physical poker? And have you actually thought about the implications of rigging a whole database to somehow knock out small stacks, take your bankroll back after a big victory and give you the "cashout curse"? You really think PokerStars cares about rigging their games when they're making huge rakes from their 20,000 or so tables and tournaments and SnGs? Stop blaming your bad luck on unfounded conspiracy theories and accept the fact that you'll have a bad run once in a while. All the pros have had their pocket aces cracked, multiple times. All the pros have had bad runs. And if you're the person who attributes a bad beat to "Jokerstars", I will begin a personal vendetta against you that will culminate in me taking your whole stack. Get over it.
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