General informations about Billy Baxter
Billy is a professional poker player from the United States. He was born in 1940 in Augusta, Georgia, the U.S. This professional player was successful during his time as he won numerous tournament titles including seven World Series of Poker bracelets.
Baxter started gambling at a very young age. At the age of 14, he learned he had the skills to play pool games. At age 16, saved $5,000 from the money he got while gambling on the street. Two years later, Baxter started playing poker professionally.
In 1975, Baxter moved from Hawaii to Las Vegas Valley, Nevada and there, he started playing poker for a living. In Las Vegas, he hooked up with other professional legends such as Doyle Brunson, Puggy Pearson, and also Stu Ungar.
In 1975, 1978, 1982 played the WSOP $1,000 Deuce to Seven Draw and won $220,000 in total these WSOP games. In 1982 he participated in the WSOP $2,500 Ace to Five Draw and went home with $48,000 as prize money.
In 1987, Baxton participated in the WSOP $5,000 Deuce to Seven Draw and went home with prize money of $153,000. In 1993 and 2002, he joined in the $5,000 Deuce to Seven Draw and $1,500 Razz and went away with $130,500 and $64,860 as prize money. Altogether, Baxter won seven World Series of Poker titles; he is considered the king of lowball games due to the fact that all his bracelets were from lowball games – such as Razz, Deuce-to-Seven and California Lowball (draw).
Furthermore, Baxton is very popular for betting with Stu Ungar to the buy-in for Ungar’s victory in the Main Event of the World Series of Poker (WSOP) that took place in 1997.
As of 2017, Baxton’s total earnings on live tournaments exceeded $2,600,000. It is also essential to know that about 35 of his wins at the WSOP Events account for $1,093,044 of the money.
No doubts, Baxton is very popular with his poker feats and betting with Stu Ungar, he also gained popularity as a result of the court case of William E. Baxter Jr. vs. the United States. The Judge of the case ruled that Baxton’s earnings should be categorized as “earned income” contrary to the previous categorization of “unearned income.” The ruling makes sure that the total earnings for American players could be taxable up to 70%. However, the court’s decision implies that American players can now provide equal tax status on their earnings as professional players.
Baxton’s Style of Play
One of the secrets to Baxton’s success in WSOP tournaments is due to the fact that he plays very intelligently. However, he watches his opponents very carefully and then mounts pressure on them to his advantage. He also plays aggressively
Billly Baxter Bracelets at the WSOP
|Jahr||Buy-in (in $)||Turnier||Teilnehmer||Preisgeld (in $)|
|1975||1000||Deuce to Seven Draw||7||35.000|
|1978||10.000||Deuce to Seven Draw||15||90.000|
|1982||10.000||Deuce to Seven Draw||19||95.000|
|2500||Ace to Five Draw||39||48.750|
|1987||500||Deuce to Seven Draw||37||153.000|
|1993||5000||Deuce to Seven Draw||58||130.500|