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Thread: Introduction of Online Poker

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  1. #1
    Owner CareyG's Avatar
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    Introduction of Online Poker

    Online poker is the game of poker played over the Internet. It has been partly responsible for a dramatic increase in the number of poker players worldwide. Christiansen Capital Advisors stated online poker revenues grew from $82.7 million in 2001 to $2.4 billion in 2005,while a survey carried out by DrKW and Global Betting and Gaming Consultants asserted online poker revenues in 2004 were at $1.4 billion.

    Traditional (or "brick and mortar", B&M, live) venues for playing poker, such as casinos and poker rooms, may be intimidating for novice players and are often located in geographically disparate locations. Also, brick and mortar casinos are reluctant to promote poker because it is difficult for them to profit from it. Though the rake, or time charge, of traditional casinos is often high, the opportunity costs of running a poker room are even higher. Brick and mortar casinos often make much more money by removing poker rooms and adding more slot machines.
    Online venues, by contrast, are dramatically cheaper because they have much smaller overhead costs. For example, adding another table does not take up valuable space like it would for a brick and mortar casino. Online poker rooms also allow the players to play for low stakes (as low as 1¢/2¢)[3] and often offer poker freeroll tournaments (where there is no entry fee), attracting beginners and/or less wealthy clientele.

    Online venues may be more vulnerable to certain types of fraud, especially collusion between players. However, they have collusion detection abilities that do not exist in brick and mortar casinos. For example, online poker room security employees can look at the hand history of the cards previously played by any player on the site, making patterns of behavior easier to detect than in a casino where colluding players can simply fold their hands without anyone ever knowing the strength of their holding. Online poker rooms also check players' IP addresses in order to prevent players at the same household or at known open proxy servers from playing on the same tables.

    Free poker online was played as early as the late 1990s in the form of IRC poker. Planet Poker was the first online cardroom to offer real money games. The first real money poker game was dealt on January 1, 1998. Author Mike Caro became the "face" of Planet Poker in October 1999.

    The major online poker sites offer varying features to entice new players. One common feature is to offer tournaments called satellites by which the winners gain entry to real-life poker tournaments. It was through one such tournament on PokerStars that Chris Moneymaker won his entry to the 2003 World Series of Poker. He went on to win the main event, causing shock in the poker world. The 2004 World Series featured three times as many players as in 2003. At least four players in the WSOP final table won their entry through an online cardroom. Like Moneymaker, 2004 winner Greg Raymer also won his entry at the PokerStars online cardroom.

  2. #2
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    Re: Introduction of Online Poker

    With all the events of Black Friday and some of the related events since that have changed the online poker world.. not for just US players, but players from many other countries as well.. we may need to be re-introduced to online poker. I think the online world of poker is in for some big over hauls for sure in the near future. Not just for US players, but many others as well. Online poker as we know it may be quite different in .. say .. a year or so from now. It seems when ever the moon changes there are more and more things happening. The wheels turn slow sometimes.. but change is coming for sure.
    CareyG likes this.

  3. #3
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    Re: Introduction of Online Poker

    Hi, I am new to the forum and sort of new to online poker too. My friends play poker and I have been picking up tips from them. What site do you guys recommend I should start playing on?

    Thanks, Del.

  4. #4
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    Re: Introduction of Online Poker

    NON RAKEBACK USE THIS BANNER

    World's Best Poker Room - Intertops Poker!

    PLAYERS WHO WANT RAKEBACK PLEASE USE THIS BANNER TO OPEN AN ACCOUNT WITH!

    33% Rakeback & $600 Bonus at Intertops Poker!

  5. #5
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    Re: Introduction of Online Poker

    Sorry, we do not support that place
    Last edited by judyb57; 12-06-2013 at 03:46 PM.
    vixen777 likes this.

  6. #6
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    Re: Introduction of Online Poker

    Hey I am a newbie exploring my online poker playing strategies.....thanks for sharing this extremely informative post here....can you please share some effective poker strategies here....it would be a great help...Thanks again..!!

  7. #7
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    Re: Introduction of Online Poker

    it is not time to explain. let's play! it is the best way to understand what is online poker.

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