Strat-O-Matic began as a company in 1961, when Hal Richman, a Bucknell University mathematics student, began selling an early version of his baseball tabletop game out of his basement, buying advertising space in Sports Illustrated to aid sales. Richman lost money until 1963, when his decision to release a game containing one card for each player in Major League Baseball resulted in greatly increased sales. Richman later released a football game in 1968, an "advanced" baseball game in 1972, a basketball game in 1973, and a hockey game in 1978.
Strat-O-Matic's statistical research and game development methods are implemented with the intent of replicating athletes' abilities as accurately as possible, giving the gamer the feel of making managerial decisions.
In February 2011, Strat-O-Matic celebrated its 50th anniversary with an opening day event at the Community Church of New York. This was a change from the normal opening day festivities of fans lining up outside the company's headquarters in Glen Head to pick up their new baseball products. At this event, over 500 people attended and heard from panelists including Doug Glanville, Rick Peterson and STATS, Inc. founder John Dewan.[1]
In March 2011, Richman was inducted into the National Jewish Sports Hall of Fame.
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