The Online Game of Bets, Luck, and Skill
Passing time and changing trends have constantly been serving as a boon to various digital platforms. Owing to this popularity, business ventures from different fields have been thriving towards creating an slot online singapore presence to procure a greater reach within their targeted audience. And in this journey, we’ve witnessed the evolution of a variety of methods adopted by businesses to set up and authorize their enterprise. Amidst this, the gaming business is one of the few amongst the most established when it comes to digital platforms. The ‘Gaming Community’ as they call themselves, have successfully been able to get people of the same liking to come together and also turn their past-time/passion as their full-time role. One such popular community is the Online Poker Game Community.
When did online gambling start?
Started in the late 1900s in the form of IRC Poker (the game follows the Internet Relay Chat(IRC)), the online version of the game took a steady peak of interest between the Poker Lovers. The actual setup was established in 1998 by Planet Poker, a company that hosted the first online card room offering real money. Ever since various Online Poker Games have been conducted and with every game, new features have been added giving poker lovers a comfortable as well as teeth gripping reel time experience.
One of the most predominant reasons why Online Poker Games caught up quickly was because of the easy accessibility that comes along while compared to the Traditional Poker Games which were set up in geographically distant areas that weren’t accessible by players passionate about poker. The Poker Rooms also came along with a high fee charge to run the game making it difficult to gain profit.
An online presence of the game resolved both these issues making it viable for both the players and the organizers. The only major difference faced initially by players playing online was the disadvantage of not being able to study and observe the reactions and body language of their opponents. However, with time, the players sort it out by adapting to different techniques such as learning the betting patterns, speed of play, eye contact through the screen, and reaction timings.
As of today, there have been various stages and phases that have taken place in the development of the Online Poker Game. One of the most famous and well-known phases was the Poker Boom period. Taking place between 2003 to 2006, the Poker Boom phase saw rapid growth in this field and witnessed the 2003 World Series of Poker Event and also the launch of the World Poker Tour.
All these events that took place during these years set a benchmark for the Online Poker Market. The 2020 Pandemic further served as an opportunity to nourish the online business due to the various restrictions imposed for offline locations. As per Business Insider, in 2020 the revenue from Online Poker Game totals up to $400 Million, tripling in number compared to the $135 Million in 2019.