CardRunners
Encyclopedia
CardRunners is an instructional poker site founded by Taylor Caby
and Andrew Wiggins and formerly part-owned by Brian Townsend
. CardRunners charges members a monthly fee for access to their catalog of poker instructional videos and private poker strategy forums. As of April 2008, CardRunners had over 10,000 subscribers and in 2007 the company took in more than $3,000,000 in revenue.
. Caby and Wiggins, two college friends and big winners on the Ultimate Bet poker site, would film their screen while playing online and narrate their thought process. They then sold access to those videos to subscribers.
In April 2008, Lee Jones left his position with the European Poker Tour
(EPT) to join CardRunners as its Chief Operating Officer (COO). Prior to his work for the EPT Jones was the Poker Room Manager for PokerStars
. Jones later left CardRunners to become the poker room manager for CakePoker.
In 2008, CardRunners merged with StoxPoker.com, founded by Nick 'Stoxtrader' Grudzien, to form Cardrunners/StoxPoker. In March 2010, Grudzien was forced out of the company after a multi-accounting and collusion scandal that broke on the 2+2 forums
. The StoxPoker brand was subsequently put to rest, and the website was merged into CardRunners.com.
and several members of 'Team CardRunners' became Full Tilt Poker 'Red Pro's' including Caby, Townsend, David Benefield, Brian Hastings and Cole South
. In the same year CardRunners acquired rival instructional video site StoxPoker.com the combined companies became one of the leaders in the industry of poker instructional video websites.
After a multi-accounting scandal involving StoxPoker founder Nick “Stoxtrader” Grudzien, CardRunners decided to close StoxPoker. Several instructors left to competing site DragTheBar.com
Taylor Caby
Taylor Caby is an American poker player and entrepreneur. He is co-founder and CEO of CardRunners, the poker training website, and a Managing Partner at Hold'em Manager, the poker analytics software.- Career :...
and Andrew Wiggins and formerly part-owned by Brian Townsend
Brian Townsend
Brian Townsend is an American professional poker player currently residing in Santa Barbara, California.-Biography:Townsend is largely known for his success playing no limit hold 'em and pot-limit omaha at Full Tilt Poker, playing under the nickname 'sbrugby.' He is the former co-owner and lead...
. CardRunners charges members a monthly fee for access to their catalog of poker instructional videos and private poker strategy forums. As of April 2008, CardRunners had over 10,000 subscribers and in 2007 the company took in more than $3,000,000 in revenue.
History
CardRunners was founded in 2005 largely as a response to growth of interest in internet poker due to the Moneymaker EffectMoneymaker Effect
The Moneymaker Effect is the name of the sudden growth in interest in poker after the 2003 World Series of Poker Main Event. -History:The term was created after Chris Moneymaker, a twenty-seven-year-old accountant, and amateur poker player, from Tennessee, United States, outlasted 838 other players...
. Caby and Wiggins, two college friends and big winners on the Ultimate Bet poker site, would film their screen while playing online and narrate their thought process. They then sold access to those videos to subscribers.
In April 2008, Lee Jones left his position with the European Poker Tour
European Poker Tour
The Pokerstars European Poker Tour is a series of poker tournaments similar to those in the World Poker Tour , created by John Duthie, winner of the inaugural Poker Million tournament. It began in 2004 as part of the worldwide explosion in Texas Hold 'em popularity...
(EPT) to join CardRunners as its Chief Operating Officer (COO). Prior to his work for the EPT Jones was the Poker Room Manager for PokerStars
PokerStars
PokerStars is the largest online poker cardroom in the world. PokerStars' satellite tournaments produced the 2003 World Series of Poker champion, Chris Moneymaker. 1983 champion Tom McEvoy, 2005 champion Joe Hachem, 2009 champion Joe Cada and 2010 champion Jonathan Duhamel and others also represent...
. Jones later left CardRunners to become the poker room manager for CakePoker.
In 2008, CardRunners merged with StoxPoker.com, founded by Nick 'Stoxtrader' Grudzien, to form Cardrunners/StoxPoker. In March 2010, Grudzien was forced out of the company after a multi-accounting and collusion scandal that broke on the 2+2 forums
Two Plus Two Publishing
Two Plus Two Publishing is a private company established and owned by statistician and poker player Mason Malmuth. The company publishes books on poker and gambling written by professionals in the field such as David Sklansky, Dan Harrington, Bill Robertie, Collin Moshman, Ed Miller, Ray Zee, Sunny...
. The StoxPoker brand was subsequently put to rest, and the website was merged into CardRunners.com.
Relationship with Full Tilt Poker
In 2008, CardRunners partnered with Full Tilt PokerFull Tilt Poker
Full Tilt Poker is an online poker card room that opened in June 2004 with the involvement of poker professionals Howard Lederer, Phil Ivey, Andy Bloch, Mike Matusow, Jennifer Harman and Chris Ferguson...
and several members of 'Team CardRunners' became Full Tilt Poker 'Red Pro's' including Caby, Townsend, David Benefield, Brian Hastings and Cole South
Cole South
Cole South is a 24 year-old professional poker player, author, and entrepreneur from Washington, DC. South is best known for his play online, though he has also made television appearances on Poker After Dark in season 5 of the show....
. In the same year CardRunners acquired rival instructional video site StoxPoker.com the combined companies became one of the leaders in the industry of poker instructional video websites.
After a multi-accounting scandal involving StoxPoker founder Nick “Stoxtrader” Grudzien, CardRunners decided to close StoxPoker. Several instructors left to competing site DragTheBar.com