Online poker has come a long way. From the slow and dull-looking early 90s websites using virtual gold coins to gradually becoming a multi-billion-dollar cash cow dealing with millions every minute, it has seen steady growth over the years.
History of Online Poker
When poker was first introduced online in the early 90s, there was no real money. Fake chips worth 1000 dollars were used to be played, with no real monetary value. Internet Relay Chat (IRC) was in use which made playing possible. However, it was boring and slow. It was not until 1998 when it was first played with real money. This provided a massive boost to this new game genre attracting a huge number of players from around the world.
Advancements were made with improved graphics and user-friendly interface; frequent crashes were rectified to make players feel safer while playing. Online tournaments were introduced a few years later, some with pool prizes amounting up to crazy numbers like 1000 dollars. Between 2003 and 2006, it reached new heights. With television advertisements and stories of players making millions out of nothing, many new players jumped into this bandwagon hoping of getting success. With an influx of players and money, daftar joker123 became one of the hottest commodities in the world.
Poker portals use incredibly successful business models. There are mainly two direct ways that they depend on:
- Rake: The site charges a small percentage usually between 4 to 5 % of each pot for every hand across the table. The larger the buy-in, the more is the rake.
- Fee: Whenever a poker portal holds a tournament, a certain amount of money is exercised by the house from each player. The entry charge depends on the amount of buy-in, which is listed on the portal. Sometimes a cover fee is also charged to get access to the website (this is less common nowadays).
The daftar joker123 portal can also earn money indirectly by putting up advertisements on its website or by selling merchandise.
The estimated daily active poker player is 100 million (out of which 3 million are Indian players), with over 600 poker portals online, making poker as popular as ever before. Moreover, mobile applications are also coming up lately thus making it more accessible to a larger audience, many of which in India belong to metropolitan cities like Kolkata, Delhi, Ahmedabad, and Bangalore.