The Online Poker boom has declined as the world begins to ease lockdown restrictions. The internet Poker levels have returned to pre-lockdown levels. Also, this means the online Poker boom was made possible by the lockdown. Additionally, millions of people around the world were stuck indoors with nothing to do. Sports were cancelled and land-based casinos were closed. Additionally, businesses were also closed meaning they were also not going to work except for those who would work remotely. This meant that they had to find something to do and they resorted to online gaming.
A lot of new players joined online Poker rooms as there was no other alternative. Also, There were hopes that the online Poker boom would last after things return to normal but that is not the case. Researches were conducted and it was determined that what was thought to be Online Poker boom was only a bubble. GmeIntel reported that traffic in the European market had returned to March levels.
History of Online Poker Boom
The original Online Poker boom can be traced to Chris Moneymaker’s World Series Poker win. Moneymaker won $2.5 million in prize money. Additionally, Moneymaker was the first amateur to win the tournament. Also, He won after he qualifying online through an $86 satellite tournament on PokerStars. Furthermore, When Moneymaker entered the tournament, there were 389 runners in the main event but the following year participants reached 2576. Additionally, by 2006 8, 733 people had signed up for the same Online Poker tournament.
Conclusion
Online Poker is popular because players are able to play the game from where ever they are. So many people have won real money while playing in Online Poker tournaments as well as Online Poker games. In 2006, a law that banned gambling transactions between financial institutions and gambling establishments was passed. Additionally, the day that the law was passed is called ‘Black Friday’.
FAQs
[accordiongroup id=”744″ markup=”default”][accordion group=”744″ title=”Is Online Poker legal in the US?” active=”true”]Online Poker is legal in the US.[/accordion][accordion group=”744″ title=”Can one play Online Poker for real money?” active=””]Yes, you can play Online Poker for real money using your phone or laptop.[/accordion][accordion group=”744″ title=”What are the best online Poker sites?” active=””]Best Online Poker sites are the ones listed on Casino Gooroo.[/accordion][accordion group=”744″ title=”Can I play Online Poker with friends?” active=””]Yes, you can play virtual Poker with a group of friends.[/accordion][accordion group=”744″ title=”Is Online Poker legit?” active=””]Online Poker sites that are listed on Casino GooRoo are totally legit.[/accordion][/accordiongroup]