Why All the Excitement Over Poker?

Poker's new upsurge in popularity in is due to televised showings of championship poker tournaments, such as The World Poker Tour and The World Series of Poker. This has resulted in millions of people all over the world playing either online or at land based casinos. Even movie stars and professional athletes are getting into tournament action. This really became evident when actor Ben Affleck won $356,400 and a tournament title at Commerce Casino's California State Poker Championship in June 2004.

And big business likes poker too. Bear Stearns estimated that annual revenue from poker was $4.5 billion in 2003. Another analyst group feels 2005 revenue will exceed $10 billion. PokerPulse.com stated that $200,463,154 .00 was wagered at online poker rooms in a 24 hour period on March 13, 2005.

People see the excitement and money that is involved in poker tournaments by watching poker on TV, which is one reason the perception of poker gambling went from being played in dark rooms to a preferred status. The seasoned professional players are excited about this as well. They are not winning as many tournaments as they have in the past due to the influx of many new players, but they are winning more than even because of their levels of expertise at the game.

Plus, the makeup of the top players has been changing. In the past only people who played for years and built up instincts for knowing how to win were champions. Now the newer top players are highly educated, highly successful and are analytical in nature. You will see individuals from top professions like Financial Analyst, Rocket Scientist, Attorney, and Mathematician along with industry CEO's in the ranks of champion. People like Phil Ivey and Chris Ferguson who can perform mathematical calculations in their heads with ease will be the future.

But not having an Ivy League education won't stop enthusiastic poker players from playing the game. On a televised episode of the 2004 World Series of Poker tournament, a former homeless man stated in a game he got off of the streets by learning to play poker. He stated that he learned the game by losing $1500.00, one penny at a time. (For the record he did not win that tournament, but did leave Binion's with over $40,000 in cash.)

And with the 2003 and 2004 World Series of Poker Champions earning their seats from online poker room tournaments, the Internet will eventually be the main producer of players. A huge number of online poker rooms have been sponsoring seats to top tournaments with buy ins less than $100, which is a far cry from the standard entry fees for these events at land based casinos. So keep an eye on what is going on in the poker world, because the excitement is just getting started!

Tom Howze is a webmaster for 7 sites that relate to online gambling,
world series of poker and world poker tour events and updates.
For more information, please visit 2005 World Series of Poker

He can be reached at webmaster@justgambleforfree.com for questions.

In The News:


Boston Globe

Mass. legislative leaders OK deal on casino bill
The Associated Press
BOSTON — Massachusetts House and Senate leaders Friday agreed on a bill to legalize casino gambling in the state — drawing immediate criticism from Gov. ...
Casino's Finally Coming To Massachusetts Tentative Agreement Was Reached TodayExaminer.com
Governor says casino deal unacceptableBoston Globe
Mass. House, Senate racing to finish casino billBusinessWeek
Providence Eyewitness News -Wall Street Journal -Boston Herald
all 468 news articles »

Washington Post

Las Vegas Sands Rethinks Macau VIP Strategy
Wall Street Journal
... with these intermediaries, long a powerful force for driving gambling revenue in Macau, the only place in China where casino gambling is legal. ...
Las Vegas Sands tops estimates as Asia outperformsReuters
Las Vegas Sands quarterly loss narrowsPhiladelphia Inquirer
Las Vegas Sands Soars on Asian BizZacks.com
The Associated Press -MarketWatch -Benzinga
all 224 news articles »

Boyd Gaming Abandons Bid for Station Casinos Assets
BusinessWeek
Boyd had pursued Station since February 2009, making a preliminary bid weeks after the Las Vegas-based casino company proposed filing for bankruptcy in ...
Boyd Drops Pursuit of Station CasinosWall Street Journal

all 84 news articles »

Town Hall

Global Casino Map: The Gaming Sector, Region by Region
TheStreet.com
These days, finding out what it's in the cards for gaming is more like playing 52 pickup, with key casino regions scattered around the globe. ...
Moody's says casino industry still uncertainThe Associated Press
Casinos Still Facing Default Risk After Restructuring Debts, Moody's SaysBloomberg
Moody's: Casino Industry Still Financially “Uncertain”Casino Online (press release)

all 65 news articles »

Washington Post

Wynn Q2 profit doubles as shares decline
Reuters
... but much of the beat came from a spike in casino winnings, and shares fell more than 3 percent. Gambling revenue has soared so far this year in Macau, ...
CORRECT: Wynn Resorts 2Q Profit Doubles On Strong Macau GrowthWall Street Journal
Wynn profit doubles on growth in MacauMarketWatch
Summary Box: Wynn Resorts posts $52.4M profitThe Associated Press
Macau Daily Times -Cake Poker News (blog) -Zacks.com
all 217 news articles »

Gambling911.com

Newspaper: Pa. gambling tax income outpaces Nevada
The Associated Press
Pennsylvania collected more in taxes from commercial casino gambling than any other state, including gambling heavyweight Nevada, a newspaper reported. ...
EARNINGS PREVIEW: Large US Casinos Helped By Macau GrowthWall Street Journal
Gambling Group: Pa. is #1 in Casino Tax RevenuesKYW Newsradio
Pennsylvania tops Nevada in gambling tax revenue, but maybe at a costScranton Times-Tribune
Allentown Morning Call -Pottstown Mercury
all 216 news articles »

Chicopee could get in the casino game
WWLP 22News
Casino developers are just waiting for the green light to move their Western Massachusetts gambling plans forward. Developers in Palmer and Holyoke have ...

and more »

The Star-Ledger - NJ.com

MGM Sells Atlantic City Land: Casino Watch
TheStreet.com
Vornado Realty Trust and Geyser Holdings agreed to buy the Borgata land, which is co-owned with Boyd Gaming(BYD). The parcels equal about 11.3 acres, ...
MGM Resorts to sell Atlantic City land for $73 millionReuters
MGM Resorts sells land under AC's BorgataThe Associated Press
Borgata operator to borrow $800M for debt refinanceThe Star-Ledger - NJ.com
Las Vegas Sun -GamingTodaySlotsToday
all 154 news articles »
Google News

Party Poker Room Review

Party Poker is one of the world's largest online poker... Read More

What Your Poker Table Says About Your Personality

Who does not have tables at home? Such a queer... Read More

A Receipe to Success

FreeAdGuru Steven says it is all about pre selling. Do... Read More

The Secret of Field/Place Betting

Pssst... Wanna know a secret?How about the secret of profiting... Read More

Party Poker

Looking for a great place to play online Texas Holdem... Read More

Becoming a Consistent Winner at Online Low-Limit Texas Hold Em

Start with LIMIT Texas Hold 'EmBoth limit and no-limit Texas... Read More

Texas Holdem Tournament Strategy - Sit and Go Poker Tournaments

Welcome to the fourth in my Texas Holdem Strategy Series,... Read More

Blackjack - Should You Count Cards?

If you are like the average, recreational Blackjack player, you... Read More

Halftime Wagering Part 2

Examples of pre-game research are to see how the teams... Read More

Video Poker Variations

Unlike many other more "social" casino games, video poker is... Read More

The Secrets of the Inside Numbers

The CrapshooterThe Secret of The Inside NumbersPssst...! Wanna know a... Read More

Amazing Lottery Secrets - Just the Facts!

When it comes to Lottery Secrets, we've discovered amazing and... Read More

2005 NFC South Football Preview

OVERVIEW: NFC SouthIn the NFC South look for Tampa Bay... Read More

Roulette: The Game of Remarkable Comebacks

In casino gambling, sometimes even the most knowledgable players turn... Read More

Internet Poker - 13 Rules to Follow

Add bad poker players to your buddy listPlaying poker is... Read More

Poker is Meant to be Fun

With the recent explosion of interest in poker, it is... Read More

Casino Entertainment Basics

Casinos have recently been popular as locations for movies like... Read More

Megabucks Slot Machine

"Deposit, click, pull, spin, bells, lights, wait, patience, one, two,... Read More

No Limit Texas Hold?em Poker

Most online casinos offer three different types on Texas Hold'em... Read More

Depositing Funds to Your Online Casino & Poker Room Account - The Best Options

Ways To DepositWhen I first wanted to start playing in... Read More

World Poker Tour -- The Beginning of a Phenomenon

World Poker Tour high stakes poker tournaments started a revolution... Read More

Compulsive Gambler Shares His Recovery Story About Gamblers Anonymous Now That He Stopped

A compulsive gambler who participated in Gamblers Anonymous program shared... Read More

How to Win Free Online Poker Games

Online poker is very popular, but not everybody plays for... Read More

The Eternal Allure of Gambling

I just spent three days in the land of milk... Read More

After the Flop

After the flop, your hand is pretty much defined. Before... Read More