Every sport has its folklore moments — the ones replayed so often they stop being highlights and start being history. Poker has the World Series of Poker, and the WSOP Main Event has produced a handful of hands so pivotal that they didn't just decide a bracelet, they reshaped the entire game. The PokerGO countdown above runs through several of the biggest, and it's worth unpacking why these particular hands still get talked about decades on.
The hand that launched a boom
No moment looms larger over modern poker than 2003. Chris Moneymaker, an amateur accountant from Tennessee, turned a US$39 online satellite entry into a seat at the WSOP Main Event, then kept winning until he was heads-up for the US$2.5 million first prize. Along the way he had to get through the game's sharpest professionals, and the video revisits his collision with Phil Ivey at the televised final table — a hand where Ivey's short stack went in against Moneymaker's holding, only for the board to run out in the amateur's favour. It's the kind of swing that decides tournaments, but its real significance was cultural: broadcast with hole-card cameras for the first time, it let millions of home viewers watch an "ordinary bloke" outplay and outdraw the pros. The so-called Moneymaker Effect is credited with the poker boom of the mid-2000s, dragging the game from smoky backrooms into the mainstream and onto pay TV and streaming schedules.
Chan, Seidel and the birth of poker's most famous film scene
Long before Moneymaker, the 1988 WSOP Main Event final produced the hand every poker fan of a certain age can describe from memory — not because they were at the table, but because of Matt Damon. Johnny Chan's slow-play of Erik Seidel, luring a top pair into shoving against a completed straight, was recreated almost shot-for-shot in the 1998 film Rounders. As the clip explains, that single hand introduced an entire generation of players to the idea of poker as psychological warfare, not just a card game. Chan backed it up by nearly running it three Main Events in a row in 1989, only to be denied by a 24-year-old Phil Hellmuth, who became the youngest Main Event champion of his era in the process.
Why it matters beyond the felt
These hands endure because they compress everything punters find compelling about competition — variance, composure under pressure, and the gap between the "right" play and the result — into a few unforgettable minutes. For anyone who follows racing and sports markets, the parallel is obvious: skill sets the odds, but a single card, stride or photo finish can flip them in an instant. That's entertainment, not a betting strategy, and it's worth remembering that even the game's greatest ever fields still lose plenty of hands along the way. Enjoy the history — and if poker or any wagering ever stops feeling like fun, help is available through your state's responsible gambling service.
Cards & Casino at The Daily Punt, covering Australian racing and sport with an eye for where the value sits.
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