Online Poker – Looking Back

Poker is there in the market for over 200 years. However
online poker is a recent player in the world of online casino and gambling. It was in the year of 1998 that the first online poker room came into existence. The only online poker room during that time was Planet Poker.

Slowly with the passage of time
more online poker rooms were introduced in the online casino field. The rake structure that was fixed initially was from 5 percent to $3 max rake. This rake structure is more or less constant even today. It was in 1999
that Paradise Poker entered the scenario.

Poker Spot that was introduced in 2000 started facing some troubles later regarding collection of deposits of the players from the credit. Therefore
it went out of the scene. In the year 2001
two online poker firms made their entries. These were Party Poker and Poker Stars.

Poker Stars earned popularity because of its online poker tournaments. Paradise Poker happened to be the dominant player till 2003. It was in this year that Party Poker made its launch of television advertising campaign. Online poker gained immense popularity with every passing day. It started to grow heavily.

The advertising campaign of Party Poker became a big hit. Besides
their launching of the Party Poker Million earned them huge success in the marketing field. This helped to take the network of poker to a much elevated level. This network is known to represent nearly half of all the online poker market.

Chris Moneymaker created a big buzz in the online poker industry. After qualifying for the main event of World Series of Poker
he became successful in outlasting a field of 839 entrants. This happened to be the biggest World Series of Poker during that time. He bagged cash money of $2.5 million.

In the year 2003
came into the scenario a website providing information on poker. In 2004
online poker games reached its peak. There were instances of increasing number of plays at the virtual tables. Soon few more new players like Noble Poker and Full Tilt Poker entered the market. The revenues almost tripled.

online poker industry is one of the most popular industries in the world of online gambling. Over the years
it has been able to draw huge attention from gambling lovers from various corners of the world. However
one should know the rules of playing the game before trying their hands in this field.

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What is Online Poker?

Online Poker Guide

Poker is one of the most interesting and widely played games today. Poker can be played either in the casinos or on online venues.

Online Poker definitely refers to the game played over the internet. It has been responsible for a remarkable increase in the numbers of poker players worldwide.

According to the research group River City some 1.5 million people play poker online regularly for real money and that the number is growing by 100,000 a month.

Online poker is not something that you play by yourself. Although you may be sitting at home all alone, you’re connected to a game server via the internet. Every Online Poker Game has at least two real people, while most have eight to ten. The larger tournaments have several thousand people all playing at once (at different tables, of course).

When you play Online Poker, you aren’t playing against the “house”. You don’t make bets with the poker site. You make bets with the other people playing poker. The house (that is, the poker site) makes money by collecting a small fraction of each pot before awarding it to the winner. The house never gambles at all. This is very different from an “online casino”, where the player and the casino are natural enemies. In the case of online poker, the house is a neutral third party.

Here’s how it works. The ingredients are:

the poker web site – where you can find information about the games hosted by the site, the rules, promotions, upcoming events, and the place from which you download the poker client.

the poker client – the program you install on your own PC. It has a graphical display of the poker game showing the players and cards and has buttons you use to bet and fold. When you run it, it connects to the poker game server.

the poker game server – the central computer that hosts the poker games. The game server runs a computer program that acts as a dealer (shuffling and dealing cards and awarding pots), floorman (helping you find a seat) and cashier (handling chips and money). The game server ensures that all rules are followed correctly. The game server is the hub for all communication with and between the players.

the players – the people who are playing poker with each other. Each person is sitting at their own computer, running their own copy of the poker client, connected to the poker game server via the internet.

You can play online poker for play money or real money.

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How to Choose an Online Poker Site

you have decided that you want to play poker Online
and your hunt for the perfect site has begun. But alas
there are literally hundreds of poker sites on the Internet. How do you discriminate between all of these available sites
to find that desired site ? There are several key criteria that you should be aware of
in your quest to find the poker site that is perfect for you. Understanding these criteria
and being able to use them as a basis for comparison
will significantly simplify your selection process:

Free Poker – If you are looking to play online poker for pure recreation
and not for money
ensure that the site you are interested in accommodates “free” players. Most online poker sites do cater to free players.

Software Download vs. Web-based – Most
if not all
online poker sites require you to download their poker client software onto your computer system to run. If you are adverse to downloading such software onto your system
then you might want to check to see if the poker site alternatively has a web-based poker interface
which allows you to play poker on the site from within your browser. Software installs run the potential risk of viruses and/or adware being loaded onto your system (although most of the reputable firms would never do that)
but software installs on your computer generally run a lot faster than web-based sessions. Software installations harness the power of your local PC’s CPU
whereas web-based interfaces rely on downloading any screen real estate updates over the Internet during play. This can be slow
if you are running over a slow internet connection (e.g.
a dialup line). Hence
if you are after speed
select local software installations; if you are concerned about your computer’s safety or cannot afford the disk space used by a software installation
select a web-based poker site.

Methods of Deposit/Withdrawal – If you are planning to play poker for money over the Internet
it is very important to consider the methods of deposit and withdrawal that a poker site supports. Many of these sites permit major credit cards to be used
which seem to be the universal deposit mechanism of choice. Others permit the use of bank transfer
ACH transfer
and wire transfer from banks. Most poker sites also support some form of 3rd party eWallets
which provide an intermediary between banking institutions and the poker site itself. The main criteria to look at are: 1) What methods of deposit/withdrawal are supported by the poker site
and how many of these methods are supported by the locale that you live in ?; 2) Is it legal to fund/withdraw to/from a poker site
from the jurisdiction that you are playing in ?; 3) What are the fees associated with the 3rd party eWallet companies that you are able to use
and how reliable are they (this latter question can be researched on some of the poker message forum boards) ?

Locale Restrictions – Some poker sites restrict the playing for money (and even free play sometimes)
based on your locale
and the laws governing gambling in your locale. You should check with the laws of your local jurisdiction and check with the poker site
to see if there are any imposed restrictions on play
based on your locale.

Support – You should definitely look at the methods of support that a poker site offers. Poker sites generally provide one (or more) methods of support that include: telephone support
fax support
Email support
and live chat support. The more of these that a poker site offers
the better. For telephone support
check and see if the poker site offers toll-free support from your playing jurisdiction or not.

Game Variety – Depending on your level of poker playing expertise and your interest in variety
it is important to determine which game types the poker site supports. Almost all of the sites offer Texas Holdem
but depending on your leve
l of interest
you should check to see if they offer games like Five and Seven Card Stud
Omaha Poker (and all of its variations)
blackjack (not poker
but often included as a game option)
Stud (and its variations)
Draw poker
Tournament support
and limit and pot limit games. Tournaments in particular are very popular with online poker sites
and some site tournaments offer very large prize pools.

Bonuses – Most
but not all
of the poker sites offer some form of bonus to the player
when you initially sign up with the site. Each site’s bonus is somewhat different
but of the one’s that offer first time bonus
it is usually predicated on a minimum initial deposit. Many bonuses are also calculated based on the amount of money deposited and spent on the site. Additionally
many sites offer reload bonuses
which are bonuses that are offered to existing customers
beyond their initial deposit bonus
and as an incentive to keep you as a customer.

Graphics and Useability – This is a very important consideration. Every poker site has a different look and feel to it. If you are going to be playing poker for money
it is important that you feel comfortable with the screen graphics and your ability to navigate (via mouse or keyboard clicks) through the poker program. If you feel uncomfortable at all with the poker site
you should definitely not consider playing at it for money. You should always test a poker site out in “free” mode first
before actually considering it for real-money wagering.

Game Features – You should always consider the game features that are available with a given poker site. Game features such as hand history
multiple simultaneous playing windows
player notes
audible and visual indicators
player statistics
connection status indicator
player chat
turbo games
and screen options should always be considered.

Rake – Rake is the amount of the pot that the poker site takes (as part of its fee for doing business)
from each hand. You should always be aware of how much rake a poker site takes (compared to another site). Poker sites usually use a Weighted Contribution rake method or an Average Contribution method
when calculating rake. Obviously
the lower the rake
the more money you will take home on hand wins
but this criteria by itself should not dictate which poker site you use
since all of the above factors need to be taken into consideration as well. In summary
the aforementioned criteria should always be used
when deciding which Poker site is best for you. Depending on your preferences
some of these criteria should be given more weight than others. Happy Poker site hunting !!

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Charity Poker Tournament Gives Away WSOP Seat

Charity Poker Tournament Gives Away WSOP Seat
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Matt Graham won 40th Event of the WSOP

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