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Online Poker Impact

I don’t think there is any question that the World Poker Tour on the Travel Channel and the expanded coverage of the World Series of Poker by ESPN have been the major reasons for the tremendous influx of new players into poker over the last year. Television is powerful. However, don’t underestimate the impact of a guy by the name of Chris Moneymaker winning an online tournament for $40 and parlaying it into $2.5 million and the title of the 2003 world champion.

Moneymaker not only reached out to try to grab the brass ring, he did it. He represents the millions of players who have a job and a family, and could never put up $10,000 to play in a poker tournament. He is the guy who showed everyone that it can be done. Because of his fairy-tale story, he is a hero in the poker world, and rightfully so. He struck oil because he played in a small online tournament.

Online poker has grown in leaps and bounds over the past year. Numerous sites continue to appear, and I’m sure many more will be trying to enter an ever-growing market. The industry leader is PartyPoker.com. It has more than 40,000 players on its site at any one time every night. This includes more than 1,100 real-money games and thousands of tournament players (as well as thousands who play for free). By comparison, a brick-and-mortar casino with 30 tables is considered a large poker room.

People play poker online because it’s fun, convenient, and easy to play. Most people don’t live near a poker room, yet they still want to play. The Internet provides them that opportunity. And the sensation that’s now grabbed everyone is tournament poker. Players love tournaments, especially big payday tournaments. Everyone wants to hit the lottery.

Read the entire article at: CardPlayer.com 

2004 Online Casino News Archive

 

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