The King of Deuce-to-Seven
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Many know Baxter as the guy who entered Stu Ungar in the 1997 World Series Main Event. A few years earlier, Baxter entered Ungar, who ended up in the hospital, getting blinded off. Baxter went to the hospital and explained to the doctor that Ungar was getting anted out and had to get back to the game at the Horseshoe. The doctor said that Ungar was unconscious and wouldn't be going anywhere for three to four days.
Flash forward a few years to 1997, and Ungar couldn't get staked. His reputation on drugs scared his backers. When Baxter told Ungar to find another backer, as he still remembered the hospital eposide, Ungar quickly said, "I don't listen to that #$(#!"
With five minutes to go before the Main Event was set to begin, Ungar walked over to sports better Tommy Fisher and asked him to call Baxter on his cell. (This was back during the "horse's leg" look for cell phones.) Ungar was smart enough to know Baxter would answer the phone, as Fisher and Baxter are friends and bet sports.
Sure enough, Baxter answered, and Ungar said, "Give me the phone."
"Billy, this thing starts in one minute. Have Tommy give me $10,000 and you can reimburse him when you get here."
Baxter said, "OK, Stuey." Ungar ran like the wind to get registered. He made history putting on a a masterpiece poker clinic and won his third WSOP main event title. It would have come out differently if Baxter hadn't answered his cell phone that day.