Are You Fascinated By Online Poker Casino Gambling? Know More!

It is late and no one else is awake. What you really want is a rousing game of poker. Happily, there are a number of chances to play poker at your online casino. Just sit down and log in to your favorite site, or possibly check out that new online casino poker gambling site that just started.

Online casino poker gambling is no longer available in the U.S. due to a ban passed by the government in 2006, called the Unlawful Internet Enforcement Gaming Act (UIGEA). A few of the casinos in other parts of the world declined to accept players from the U. S. for a bit, until they could be assured that money would still be securely obtained. That is changing now that money can securely change hands.

There are several payment options available for online gamblers; credit cards, Neteller, Firepay, Paypal and wire transfers.

Online casino poker gambling is very popular. One site, Bodog, advertises that they will soon deal their one billionth poker hand. That is very exciting. To increase the excitement, Bodog is offering more and more incentives and prizes from the 980,000,000 hand on. This illustrates how some of the older sites are so successful for so long. Some of the online casino pokers’ gambling rooms have famous players’ fresh from the latest televised tournament, as hosts. There are many versions of poker tournaments, with the best being offered by the more experienced older casinos.

Some of the benefits of newly opened online poker casinos are; awesome sign up deals, superior software designed for the game, and a more entertaining site. For instance, the player can select an icon that uniquely represents themselves at the playing table. The better sites will have excellent customer support and are licensed in the area where they originate. They will also ensure the players privacy and refuse to sell information to third parties.

All online casinos are aware that if they do not operate fairly, they could be blacklisted. There are several opportunities for players to provide reviews of the online casino they frequent.

Some words of caution are appropriate here. As with any game, educating yourself about the rules, strategies and how much money you are willing to lose are of paramount importance. Remember, Poker is a game of skill. The elements of chance that are sure to surprise the player are what provide the excitement of the game. There a number of books and online sites that will provide the education needed to be a successful poker player. Not only will you learn what to bid and what to fold, you can even learn how to cheat. Casinos are on the look out for cheaters and will banish them at the outset. It is poor business to tolerate cheating. By studying how to cheat, you can learn to recognize when it is happening at your table and beat a hasty retreat. It is also imperative to report cheating if you suspect that it is happening.

How To Start Your Own Online Casino and Poker Gaming Business

Did you know that online gambling business is currently one of the fastest growing business categories in the world? The popularity of online gaming is increasing rapidly and this year has seen significant growth in Europe and Asia. In China and Malaysia, there are twice as many online gamers as there are Internet shoppers. Around 43% of Chinese Internet users play games online, while just 16% report that they shop online.

Revenues in online gaming business rose from only $800 million to over $2 billion in 1999! By year 2010, it is estimated that online gambling industry will top over $16 billion in revenues! London-based Merrill Lynch analyst Andrew Burnett says online gambling could generate more than $150 billion in revenues by 2015.

Until recently small entrepreneurs had no chance of getting into the gambling industry, because of huge capital investments, gaming license acquisitions and legal red tape. The internet eliminated all the obstacles. You can now own and promote your own online casino, sportsbook and multiplayer poker room gaming business and generate revenues you’ve only dreamt about.

There are 3 ways to start an online gaming business:

1) Most Expensive – Design and implement all gambling software for an online casino, sportsbook and multiplayer poker room which could cost you millions of US Dollars. You will also need to obtain a gaming license to run your online gaming business, which requires approval from most governments. However, you will have full control of your gambling site, and full knowledge of the source code of your gambling software. In addition, no royalties are paid out to a gambling software development company.

2) Average – Become a Licensee of an Online Gambling Software Provider. This is a far less expensive option to start an online gambling business and you will receive all the gambling software and sometimes even the equipment necessary. It is also the most popular option for both licensed land-based establishments as well as entrepreneurs. Costs range from $30,000 to $350,000. The average licensing fees are around $150,000 (this usually includes marketing costs). In most cases a royalty is paid to the gambling software provider as a percentage of the monthly “take” or “drop” (gross profit). Usually the gambling software provider has payment processing (merchant account providers) already set up for a fully turnkey operation.

3) Most Affordable – Become a Sublicensee of an existing Licensee. This is the least expensive option to start an online gambling business. Costs range from $5,000 to $60,000. The sublicensee is responsible for all the marketing and receives a smaller percentage than a full licensee (2), because royalties paid to the licensee are much higher.

To legally operate online gambling businesses, online casino and poker room owners turn to sovereign governments in countries that permit online gambling and duly issue licenses for gambling operations. The casinos and poker rooms are registered as offshore gambling operations and in turn, the respective countries gain significant licensing fees and tax-generated revenues.

As Internet use spreads across the globe, online gambling business will continue to be one of most profitable online business opportunities of the 21st century.