Online poker is defined as the type of the poker game played in the internet by either one person or a number of participants. The ease of accessibility is what has made on-line poker very popular because of its appealing nature that has seen many people turn to it as a major form of entertainment. It is estimated that in 2003 alone almost USD$ 35 million was collected in monthly revenue from on-line poker alone.

The game of poker has been going for many years, but the history of online poker – along with most other online games – is relatively short. Yet despite the relatively short length of the history of the game, it is an extremely rapid developing part of the entire online gambling industry which is not showing any signs of slowing down. While it is very popular in America, Europe is fast catching up too.

The history of online poker begins with the history of poker in general. The game of poker has been around for thousands of years with origins all over the world, from China to France to Persia and Spain. However, it wasn’t until 1834 that the game of Poker with the name of “Poker” was officially recorded. Jonathan H. Green wrote about “the cheating game” which was played on Mississippi riverboats. This game was played with only twenty cards, but evolved into modern day poker.

Online poker only dates back 9 years, to 1998 which was when the first games came on line. But the real milestone for the history of poker was 2002. A year later when the World Poker Tour was launched on America’s travel channel in March, poker really hit off. This was also true for when the World Series of Poker (WSOP) had its largest turn out over.

These events and others certainly contributed to the developing growth of the history of poker as more and more individuals found out about how fun the game was to play on line, and indeed, how lucrative it could be, especially when playing online poker tournaments. 2004 and 2005 saw a huge influx of additional online poker rooms and sites, many of which appealed to the masses, even the non-poker playing ones who started to show an interest in this new and exciting online game.

Poker is a game that is coordinated by gambling laws and regulations and is mainly played in casinos and card rooms. However, it has recently become available for play in online poker rooms. The introduction of poker to the Online has increased the popularity of the game a huge amount, but it didn’t start out so simply.

The history of online poker began in 1998, when the first online poker room was opened. Planetpoker.com was the first website in the history of online poker and as the first it had many obstacles to overcome. One of the main problems was trust-after all they had to build peoples’ trust in order to get them to play with real money on their site. They also had to work out software that would be user friendly and realistic. However, once they worked out these problems it was a smooth ride.

Probably one of the reasons the history of online poker developed so well was because of how enthusiastic poker professionals have been since the game’s inception on line. Such big names as Chris “Jesus” Ferguson, Howard Lederer, Phil Ivey, Erik Seidel, John Juanda, Phil Gordon, Andy Bloch, and Erick Lindgren are included in this list.

The history is now definitely well on the map, especially financially as the industry in America has reached over $2 billion. There are so many poker rooms today on line that pretty much at any time, 24/7, one is able to find a poker game of their choice. Whether you love 3 card poker, video poker, Texas Hold’em Poker, 7 card stud poker, 5 card draw poker, Omaha Hi-Lo poker, to name but a few, on line players will probably be able to find a game to satisfy and appeal.

Many online poker sites offer now offer numerous features that attract and appeal to new players. This new features are what are making raves in the world series of poker because the world of poker has now wakened to the realization that even on-line poker participants can also have a shot at the big game.

One similar feature offered by the online poker sites is the tournament referred to as “satellite”. This feature allows participants to gain actual access to real live poker tournaments. In a similar tournament Chris Moneymaker emerged the victor and was able to participate in the World Series of Poker in 2003. his victory shocked the whole world.

Recent figures have in fact projected that the revenue generated by on-line poker could reach as high as US$ 100 million target in 2005, and that online participants are estimated to reach 100,000 people.

By: Abhishek Agarwal

The Texas Holdem poker phenomenon has taken the country by storm. There are reportedly over 100 million active poker players worldwide. Poker’s popularity is largely the byproduct of technology and several recent trends: 1) online gaming, where players engage and socialize in real-time over the Internet, and 2) the broad publicity created by high profile TV shows like the World Series of Poker (WSOP) and World Poker Tour (WPT).

With all the poker-mania, there’s a modern day “gold rush” underway today. Analyst estimates are a bit sketchy, but some estimate that people will spend up to $4.5 billion U.S. in 2005 on poker-related items of every kind, including:

* Online poker room play

* Poker tournaments

* Online poker room financial brokers (e.g., Firepay, NetTeller, Citadel and others)

* Casino poker rooms

* Game units for your TV

* Poker chip sets and dealer buttons (you can even get “collector” edition dealer buttons signed by the pros – got some as Christmas presents this year!)

* Poker tables and instructions for how to build poker tables

* Poker software (poker odds calculators, poker games, home tournament organizers, tournament director kits)

* Texas holdem poker rule and starting hand cards

* Poker schools and training courses

* Poker books and strategy e-books

* Poker hats, shirts and clothing items

* Local poker clubs

* Free Texas Holdem poker stuff of every kind imaginable.

To give you an idea of how many people are now playing with real-money online, have a look at PokerPulse.com. PokerPulse keeps tabs on the top online poker rooms and tracks how many real-money poker games are running at any point in time. Some estimates based upon these statistics suggest that online poker room companies are turning over in excess of $110 million U.S. every 24 hours, with hundreds of thousands of online players active any given evening.

So, with the worldwide inertia that poker has today, how far can it go? Will it be like the CB Radio – a brief flash in the pan and then suddenly – poof! Will it be just another fad and memory, with occasional reminders like Smokey and the Bandit? Hard to say for sure, but with the momentum, advertising and so many young people, including many teenagers and children playing across the Internet, it could be that the poker big bang has occured and its expansion has only really begun…

As with many new, controversial phenomenon such as poker, there’s the social morality aspect and question: Is playing poker gambling? Is it really just a game of skill? The question of whether online poker rooms are just as much about gambling as traditional casino games and online bookie operations is certainly one that is shaping some industries, and creating some others. Before we look for the answers to those questions, let’s explore what the actions of certain parties might lead us to believe.

For example, the traditional credit card processors (MC, VISA, AMEX, PayPal, and others) decided to discontinue use of their credit card services to fund player’s online poker accounts. Today, there’s a whole cottage industry that has sprung up to fill the enormous demand for transferring funds between bank accounts and online poker room accounts, processing untold millions of dollars each day.

Try advertising a poker-related item through Google’s AdWords or the Yahoo/MSN equivalent (Overture) and you’ll quickly find they have a category known as “Gambling URL” that’ll come into play. Any website that could be related to online poker rooms is considered a “gambling” site and advertising services are thereby refused. So, what happened as a result? Well, aside from these companies losing advertising revenues, it’s forced the poker industry into fierce competition for the poker-related search “namespaces”. Try searching for something using keywords like “Texas Holdem poker” and see what you find.

It’s amazing at how clogged up the search engine namespace has become, with every search engine optimization (SEO) technique and trick known to man being used by poker website owners in an attempt to gain visibility, page ranking and routing of more visitor traffic to their websites.

In my opinion, the answer to the question “Is playing poker gambling?” is – it depends. It depends on the player’s skill level. If you’re a highly-skilled player, then IMHO it’s not gambling – it’s playing a sophisticated game like chess, where you not only must defeat the opponents but you must also use strategy and play the odds in order to win.

You beat the odds by playing only certain starting hands from given positions at the table, adjusting your play based upon the game situation, understanding other players’ styles, and by developing a strategy for winning, throwing your weight (chip stack) around at the right times, and by sitting out at other times. No, it’s far from gambling for many of us. However, for those who don’t possess the requisite skills, it is gambling more often than it’s not, since skill is much less of a factor for such players. Since the basic rules are deceptively simple, people often have no idea why they’re beaten.

What makes it very different from traditional casino gambling games, though, is that you’re not playing against the house. The online poker room takes a “rake”, a percentage of the money that’s in play (e.g., 10% or so), which is how the online poker room generates revenues. It doesn’t really matter who wins or loses, since the poker operator always gets paid for hosting the game.

I’ll cover popular online poker rooms in a future article in more detail, but suffice it to say, there’s gold in them there hills and the claims have been staked by the market leaders, who are raking in fortunes providing their sophisticated online service businesses to millions of eager players worldwide.

Since these business aren’t allowed to operate within U.S. borders, they’re virtually unregulated (at least by U.S. standards) and new ones continue to pop up every month. Now I don’t want to make it sound like everyone who plays online is playing with real money – quite the contrary. There’s an enormous number of players who just use “play money” and have a real blast playing and socializing via the use of instant messaging and interactions through the online poker room site.

So, is the poker phenomenon a trend or just another fad that’s destined to take it’s place in our video library, beside Smokey and the Bandit and that CB radio wave that crested in the 1970’s? Hard to say for sure. One thing is for certain. A lot of people are having fun playing in online poker rooms, at traditional casinos and in their own home games – while an army of others are supplying that demand, and making a boatload of money in the process.

Until next time – Good Luck!

Rick

By: Rick Braddy