Poker as a form of gambling has been in existence for nearly two centuries but has reached new heights with the arrival of its online version. Various online casino gambling sites have sprouted in the past few years driven mainly by the popularity of poker. However, online poker did not pioneer casino gambling online, as sportsbooks were the first to arrive in the Internet during the mid-90s.
One of the first online gambling casinos was from Microgaming, which arrived in 1994 and is now a popular gaming software developer.
Planet Poker was the initial mainstream casino introduced to gamblers in 1998. Even though where the first, they are no longer the best... with many high profile rooms being introduced since then (including FullTilt and PokerStars).
There has been some controversy with online poker rooms, with Poker Spot being launched in 1999. They went bust not long after because they couldn't withdraw player deposits from its credit card partners. This resulted that players failed to collect their winnings... and the rest is history as they say.
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.
Looking back at Poker Spot, it is good news for online poker players that new transaction methods have been introduced to add credibility to the industry. Neteller is a major player with their revolutionary e-cash system, where you transfer funds to Neteller, and then are free to transfer funds to and from the online casinos at will... making it nice and easy for you, whilst stamping out fraud in the industry.
Party Poker and Poker Stars came about in 2001, being a major changing year for the online poker world... with Full Tilt Poker following not long after. Ever since then, these three players are the major players in the industry, hosting major tournaments and paying out millions of dollars each and every year.
Satellite contests are also huge, with any major poker room holding competitions for online gamblers to compete for a spot at the world's largest poker tournaments. Chris Moneymaker ended up winning an event and pocketing well over a million dollars, and it all started on an online poker table... such publicity increased the popularity of Full Tilt Poker and Poker Stars dramatically!
When Chris defeated 839 other online poker players to compete at the World Series of Poker, he walked away with $2.5 million dollars by winning that event too. Since then, poker is getting more and more popular by the day.
This sort of Cinderella story has been fuel on the fire, causing more and more people to try their luck at poker.
Sportingbet's acquisition of Paradise Poker also opened new doors given the new owner's status as a listed company. Online training sites offer 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. Listing on the stock market has become an option for online casinos to raise funds for expansion.
With the UK government passing a bill legalizing online gambling, it just goes to show that online gambling is a global phenomenon and here to stay.
One of the first online gambling casinos was from Microgaming, which arrived in 1994 and is now a popular gaming software developer.
Planet Poker was the initial mainstream casino introduced to gamblers in 1998. Even though where the first, they are no longer the best... with many high profile rooms being introduced since then (including FullTilt and PokerStars).
There has been some controversy with online poker rooms, with Poker Spot being launched in 1999. They went bust not long after because they couldn't withdraw player deposits from its credit card partners. This resulted that players failed to collect their winnings... and the rest is history as they say.
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.
Looking back at Poker Spot, it is good news for online poker players that new transaction methods have been introduced to add credibility to the industry. Neteller is a major player with their revolutionary e-cash system, where you transfer funds to Neteller, and then are free to transfer funds to and from the online casinos at will... making it nice and easy for you, whilst stamping out fraud in the industry.
Party Poker and Poker Stars came about in 2001, being a major changing year for the online poker world... with Full Tilt Poker following not long after. Ever since then, these three players are the major players in the industry, hosting major tournaments and paying out millions of dollars each and every year.
Satellite contests are also huge, with any major poker room holding competitions for online gamblers to compete for a spot at the world's largest poker tournaments. Chris Moneymaker ended up winning an event and pocketing well over a million dollars, and it all started on an online poker table... such publicity increased the popularity of Full Tilt Poker and Poker Stars dramatically!
When Chris defeated 839 other online poker players to compete at the World Series of Poker, he walked away with $2.5 million dollars by winning that event too. Since then, poker is getting more and more popular by the day.
This sort of Cinderella story has been fuel on the fire, causing more and more people to try their luck at poker.
Sportingbet's acquisition of Paradise Poker also opened new doors given the new owner's status as a listed company. Online training sites offer 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. Listing on the stock market has become an option for online casinos to raise funds for expansion.
With the UK government passing a bill legalizing online gambling, it just goes to show that online gambling is a global phenomenon and here to stay.
About the Author:
Peter Werth is a professional poker player that runs his personal poker blog. To learn more about poker industry and free poker dpersonalloads, be sure to visit his website for the latest tips about Online Poker Rooms.
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