Billy Baxter (poker player)

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Billy Baxter
Billy Baxter (2006)
Billy Baxter (2006)
  Personal information  
Year of birth 1940
place of birth United StatesUnited States Augusta
place of residence United StatesUnited States Las Vegas
Live Poker Tournament Achievements
Highest prize money 0.$ 246,921
Total prize money $ 2,722,128
World Series of Poker
Bracelets 7th
Cashes 36
Best main event 22. ( 1997 )
  Main Event of the World Poker Tour  
title no
Cashes 12
Last updated: March 9, 2020

William "Billy" E. Baxter, Jr. (born 1940 in Augusta , Georgia ) is a professional American poker player . He is a seven-time bracelet winner of the World Series of Poker . As part of the 50th edition of the World Series of Poker , Baxter was named one of the 50 best players in poker history in June 2019 .

Personal

Baxter began his playing career like many other players in pool halls . When he was 14, he discovered his talent for pool games for money. By the time he was 16, he had made $ 5,000 . When he was old enough at the age of 18, he took up the game of poker. In 1975 he and his wife came to Las Vegas for their honeymoon . They lived in a hotel for nine months and Baxter started playing poker professionally.

Poker career

Career

During this time, Baxter met other players such as Doyle Brunson , Walter Pearson and finally Stu Ungar . His greatest merit towards the game of poker was probably the financial support of Hungary from 1990 onwards. Baxter won seven bracelets at the World Series of Poker in Las Vegas . He won each of his bracelets in lowball games (the weakest hand wins). His tournament revenue is over $ 2.5 million .

Although known for helping Stu Ungar, Baxter has made even more contributions to the sport of poker. Billy Baxter's precedent versus the United States shaped his status as one of the most influential poker players. It was a court ruling according to which winnings from poker games are to be regarded as earned income. The US wanted these profits to be understood as capital gains and therefore taxable at 70%. Baxter won the lawsuit and laid the foundation for the professional game of poker.

In 2006, Baxter was inducted into the Poker Hall of Fame .

Bracelet overview

year Buy-in (in $ ) competition Attendees Prize money (in $)
1975 0.1000 Deuce to Seven Draw 007th 035,000
1978 10,000 Deuce to Seven Draw 015th 090,000
1982 10,000 Deuce to Seven Draw 019th 095,000
0.2500 Ace to Five Draw 039 048,750
1987 00.500 Deuce to Seven Draw 037 153,000
1993 0.5000 Deuce to Seven Draw 058 130,500
2002 0.1500 Razz 115 064,860

Web links

Commons : Billy Baxter  - Collection of Images

Individual evidence

  1. WSOP Reveals List of 50 Greatest Players in Poker History , pokernews.com, accessed July 3, 2019.
  2. Billy Baxter in the Hendon Mob Poker Database, accessed March 30, 2017.