Online Poker Curiosities – Part II


  1. In June 2005, PartyPoker was launched by PartyGaming which was the largest online cardroom at that time and achieved an initial $8 billion worth public offering from the market. At that time, more than 92 percent of the income of Party Gaming came from online poker operations.


  2. Currently, the market seems to be in a consolidation stage. In early 2006, the PartyGaming moved to obtain from the Empire Online. Later, bwin, an Austrian online gambling company, obtained Other online poker rooms like and Poker Stars have postponed initial public offerings.


  3. Till March 2008, less than forty individual poker networks and cardrooms with detectable traffic levels were recorded. There are over 600 independent entrances into the collection of network sites. The number is still increasing with popularity and the widespread availability of internet and online poker rooms.



    If you see online poker from a legal viewpoint, they may differ in many ways from gambling in online casinos. However, there are many issues that do apply. Online poker is regulated and legal in many countries counting the United Kingdom and several nations around the Caribbean Sea.


  5. The House of Representatives of North Dakota U.S. has passed a schedule in February 2005 in order to regulate and legalize online poker games and online poker room operators. The legislation needed that operations of online poker would have to actually locate their total operations in the state.


  6. However, the measure was defeated in March 2005 by the State Senate after US Department of Justice mailed a letter to attorney general of North Dakota stating that gaming online “may” be illegal, and the pending rules “might” infringe the Act of federal Wire. However, many legal professionals dispute the claim of DOJ’s.



    The creator of the corroboration bill Jim Kasper has vowed to carry on his efforts. He said that “putting away the thought of getting into online gaming licenses in the North Dakota” is not out of his consideration and that the “profits we missed is so immense to pass up.”


  8. In response to the claims regarding the legitimacy of online poker by the DOJ, many of the foremost online poker sites ceased advertising their .com sites in US media. Instead, they built “dot-net” sites with no real money gambling but still are virtually identical. The sites promote as poker schools for free.


  9. Naturally, online poker rooms produce the volume of their revenue by four methods. Rake is the initial method that is collected from the majority real money game pots. The calculation of rake is normally done with a percentage of that pot based on sliding scales and some maximum fee.


  10. Second method of producing revenue of online poker rooms are multi-table pre-scheduled and spontaneous sit-and-go tournaments that are not raked, rather an entry fee of around 10 percent is added to the fee of the tournament. As there are huge number of people playing there, the amount of revenue becomes massive.