Poker’s biggest tournament gets under way in Vegas

The marathon grind toward the richest pot in poker is under way. Play opened in the 39th World Series of Poker main event Thursday, with nearly 1,300 players hoping to make it through a 10-hour day of no-limit Texas Hold ‘em against high-profile p

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Fri, July 4th, 2008

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Casino gambling facts:

  • The famous banker J.P. Morgan once walked out of a Monte Carlo casino because the stakes were too low? At the time, the maximum wager was 12,000 francs and Morgan wanted it increased to 20,000 francs. When the casino manager refused to increase the limit, Morgan left the casino saying "12,000 francs! I have no time to lose such ridiculous amounts."
  • Las Vegas in Nevada owes its success to the mobster Benjamin "Bugsy" Siegel who organized gaming and bookmaking operations for The Mob (the Mafia).
  • Baccara (Italian) or baccarat (French) both translate to "zero" in English. The importance of this name is found in the tens and face cards, both sharing the zero value.
  • The age of electronic games began in 1964 with the Nevada Electronic's solid state "21" machines. The most successful of these was the Dale Electronics' Poker-Matic, which could be found in most Nevada casinos.