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One phenomenon which has emerged with the dawn of the computer age is “online poker,” by which poker enthusiasts can play poker games on the internet for fun or real money. Online poker is becoming so big that in accordance with Christiansen Capital Advisor, worldwide online poker revenue jumped from $365 million in 2003, to more than $1 billion in 2004. In December 2003, revenues were estimated at $34 million every month. Through March 2005, approximately 100,000 people were playing for real money at the different pokers rooms at peak times.
There are numerous factors that contribute to this extraordinary upsurge in the online poker industry. For one, online poker rooms tend to be less expensive than casinos while they have very little overhead cost in comparison to conventional casinos, and they will be more player friendly. For instance, the introduction of freerolls (where there’s absolutely no entry fee) attracts a great deal of novice players.
Many large online poker sites offer certain attractions, including admission to real life poker tournaments for online winners. Other features such as “collusion detection” abilities also enable websites to detect certain frauds, which are not obtainable in conventional casinos. This better security attracts more players.
Another factor will be the ability to quickly track detailed statistics of your play in online poker, made available by “”Hand Histories”” text files, which track every action both you and your opponents made during each hand. This is not possible in conventional casinos the place you might have to take time-consuming notes after each hand. Combined with one of these factors, many fantastic online poker gambling site poker software programs are user friendly and also are often automated as outlined by specific needs and actions, for example prompting when it is a player’s turn.
