Online Poker Rules

No Bull: The Real Story Of Online Poker

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The belief that online poker pioneered the concept of casino gambling on the Internet is one of the fallacies about the development of the currently popular virtual sport. During the pre-boom period of the Internet the cyber community was mainly composed of people obsessed with Star Trek or had a poor sex life. However, after some time someone realized that poker can be played on this medium. By then an industry was conceptualized.

Another dubious fallacy that has been a source of laughter is Al Gore’s claim that he invented the Internet. So it is clear that the former presidential candidate was not only responsible for the Internet but also online gaming and poker. Based on that information the roots of online gambling become a little clearer.

The history of online casinos can be traced to Antigua, Bermuda in 1994 when the local government ratified the region’s free trade and Processing Zone Act. The ruling paved the way for the establishment of many online gaming casinos and sports books that were free to operate as a legal business. Antigua Bermuda to this day remains as the most popular licensing jurisdiction for online gambling industries. It was during this period that Microgaming was born.

Microgaming is known as the biggest software developer in the online gaming world or what is Microsoft to the information technology industry. Other applications followed the first software developed for online gaming. Brothers Andrew and Mark Rivkin started Cryptologic in 1995.

The main goal of the brothers was to create a communications protocol that would ensure that transactions are made surely and safely. Microgaming divested its casino business to concentrate on developing online casino technologies in 1996. During the same year, Boss Specialtidningar AB designed a network that would host casino operations online.

Another fallacy is that a major US bank developed the first ECash and gaming application on the Internet. This distinction goes to Cryptologic, which developed its first gaming application in the same year. InterCasino supposedly was the first online gaming casino that accepted a real bet on the Internet. However, it was in 1998 that the first ever online poker room was created. Planet Poker was the single online poker company for around a year and continues to operate today but is dwarfed by its larger counterparts in the industry.

Paradise Poker entered in 1999 and was the top firm in the online casino market for a few years. In the same year, the infamous Poker Spot arrived. Poker Spot became controversial when it failed to reimburse the winnings of its players because of glitches in the betting system developed by its affiliate credit card company.

The Ecash system has been an integral part of the growth of online casino gaming, as it bolstered the reliability and security of tournaments and consumers became less concerned about losing their money to fraud. Party Poker and Poker Stars entered the market in 2001.

Paradise’s stranglehold of the online casino industry ended in 2003 when it was overtook by Party Poker. Party Poker’s emergence was fueled by its effective advertisements in television during the World Series of Poker and its launch of the Party Poker Million. However, belief that Party Poker Million drove the industry to new heights is a fallacy, as the Cinderella story of Chris Moneymaker is what put the sport on the map.

Mr. Moneymaker won a satellite tournament of Poker Stars to qualify for the World Series of Poker. Despite being participated by 839 other poker experts, Mr. Moneymaker beat all odds and won the tournament’s top prize of $2.5 million despite it being only his first try at a live tournament.

The so-called “Moneymaker effect” considerably increased the popularity of online poker in 2004 and also inspired more people to gamble in virtual tables. A survey conducted in 2001 found that 8 million people had joined online gambling casinos and by the next year, the industry produced its first ever million dollar winner. The lucky individual pocketed $1,594.649.

Top Online Poker Schools

Poker School Online
Low Limit Holdem
Poker Pages
PlayWinningPoker.com
Low Limit Omaha
Poker Performance Psychology
So You Wanna Learn Poker
Poker Pro Association
The Gamblers Edge
Poker Club Belgium
PokerStrategy.org
Studstrategy
Ichiban Poker

What You Need to Know About Online Casino Poker

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Through the years, historians have debated regarding the origin of the poker game. Enumerated below are some of the ancient games that are being connected to the eventual development of the game of poker:

1. Historians have regarded the ancient game of “As Nas,” as one of the origins of the game of poker. This Persian game is a five player betting game that uses a deck of twenty five cards that has five suits.

2. Another ancient game regarded by historians to be the ancestor of the game of poker is the 16th century gambling game of “Primero.” This gambling card game was famous in Europe and if analyzed has many similarities with the game of poker.

3. Another ancient game is the French game “Brelan” and from it, the English game “Brag” or previously spelled “Bragg.” Both of these card games used both the element of bluffing and betting. This concept of bluffing and betting was very present in other games during that time.

In the Americas, during the early 19th century, an English actor by the name of Joseph Cromwell made a references to a game that is called poker.

Another individual by the name of Jonathan Green also made a written reference to a game called poker in his book. The book, “An Exposure of the Arts and Miseries of Gambling” was copyrighted last year 1843. In this book, he mentions certain rules to a game that he described as a “cheating game.” This cheating game is being plyed on the Mississippi riverboats during that time.

Some historians believed that Green was one of the first to identify this “cheating game” under the name poker.

— The Modern Poker Game

After a few decades, the poker game reached to new heights as more and more poker tournaments are being played within American casinos. The World Series of Poker  started in the 1970s.

The first World Series of Poker that attracted a total of only seven poker players was big in promotion by Las Vegas casino boss and poker player Benny Binion. This big event was held at Binion’s Horseshoe casino.

The Harrah’s Entertainment made a nationwide series of poker play events that started on the World Series of Poker.

Since then, every year, the number of players in the World Series of Poker grew and the prizes increased to new levels. By the 2004 World Series of Poker challenge, there are 2,500 players and about US$ 25 million in prizes was given to the winners. The first prize was record breaking at US$ 5 million.>

— Onset Of The Casino Internet Online Poker

The growth in the popularity of poker is also attributed to the World Series Of Poker  as well as the broadcasts of World Poker Tour that is continually being shown on ESPN as well as the Travel Channel.

Also, the number of casino internet online poker rooms have further fueled the interest of people in the game of poker.

The casino internet online poker was so popular during that time that players of casino internet online poker were readily accepted to the World Series of Poker tournaments. Some of the champions that emerged from this World Series of Poker are regular players on the casino internet online poker.

— New Features Of Casino Internet Online Poker

1. The casino internet online poker provides the player with an equal advantage with his opponents. Either players is playing the casino internet online poker in virtual Internet space and therefore they would have difficulty reading the reactions of each player because they have nothing to read at all.

A computer interface for the casino internet online poker is all that is available for visual inspection.

2. The casino internet online poker also provides the player with a faster rate of play, an access to more multiple tables. Therefore, the player has a higher chance of earning money in a casino internet online poker.

3. The casino internet online poker also provides the player with some collusion detection capabilities. The casino internet online poker would be able to secure the “hand history” of every play of the players. With this capability, the casino internet online poker can identify possible collusion patterns between players.

This ability makes it more secure for all players of the casino internet online poker.

Aside from this, casino internet online poker can monitor the IP addresses of the poker players so they can detect if they are located within a single room or they are divided from each other physically.

Mainstream of Online Gambling Casino

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One of the first online gambling casinos was from Microgaming, which arrived in 1994 and is now a popular gaming software developer.

The first mainstream online gambling casino was Planet Poker, which was established in 1998. A number of bigger and better online casino gambling sites came up after a few years. The initial rate structure of 5% and a max rate of as high as $3 have been the industry standard ever since.

Current industry leader Paradise Poker was created in 1999 and at the same time Dutch Boyd founded the controversial Poker Spot. Poker Spot was the first online gambling casino group to operate poker tournaments online and continued to do so until it was hit by a major problem. Poker Spot was unable to withdraw player deposits from its credit card partner. Players failed collect their winnings, as the funds were not transferred to Paradise Poker’s system. The unreliability of Poker Spot’s system eventually resulted in its collapse afterwards.

By that year there were around 700 online gambling casinos, while a March 2001 survey found that nearly 8 million people have gambled their money in the Internet. A year later, the first millionaire from an online casino was produced. The lucky winner pocketed $1,594,649 on May 30 2002.

Other online casino gambling sites were able to avoid Poker Spot’s fate with the use of Neteller’s e-cash system. Neteller is today known as having the top funds transfer system for the online casino gambling sector. The e-cash system frees the player from using a wire transfer service or a credit cardswhen depositing in an online poker room. Neteller’s system has also minimized fraud and boosted the credibility of the industry.

2001 was an important year for online casino gambling given the entry of the two industry giants, Party Poker and Poker Stars. Party Poker’s overtook Paradise in 2003 as the industry’s top player with its strategic advertising on television.

In addition, Party Poker introduced Party Poker Million and the World Poker Tour, which have become attractions across the US. The intriguing story of Chris Moneymaker also contributed to the popularity online poker gambling. Mr Moneymaker paid a $40 fee to enter a satellite poker contest of Poker Stars.

His victory in the small tournament gave him a spot on the World Series of Poker. Mr Moneymaker defeated 839 other online poker contestants and won the top prize of $2.5 million. That year’s World Series of Poker tournament is still believed to be as the biggest ever staged in its short history.

Mr Moneymaker’s inspiring Cinderella story attracted more beginners to learn online poker and the game expanded to new territories in 2004.

Online training site www.pokertips.org offers easy to learn advise on how to play the game. Revenues of online casino gambling firms rocketed during the year, which also saw the entry of new players such as Full Tilt Poker and Noble Poker. Sportingbet’s acquisition of Paradise Poker also opened new doors given the new owner’s status as a listed company. Listing on the stock market has become an option for online casinos to raise funds for expansion.

In addition, the UK government’s recent passage of a bill that legalizes and regulates Internet gambling casinos indicates that online poker is close to becoming a global phenomenon.

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Low Limit Holdem www.lowlimitholdem.com
PlayWinningPoker.com www.playwinningpoker.com
Low Limit Omaha
Texas Holdem Poker
Poker School Online www.pokerschoolonline.com
Poker Pages www.pokerpages.com
Poker Performance Psychology
Poker Club Belgium www.pokerjokers.co.uk
Ichiban Poker
StudStrategy
PokerStrategy.org
So You Wanna Learn Poker

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