If you’ve ever played online poker before, you’ve probably noticed that some online poker sites are more stable than others. These sites typically invest the money of their players, and the regulation for this type of investment limits how risky a site can be. This low-risk investment can generate a significant amount of revenue for a poker site.
It’s a good idea to read up on poker basics before playing for real money. The theory behind poker is constantly changing, so it’s good to get a hold of the basics first. You can also sign up for poker training sites and network with successful poker players. And don’t forget to brutally analyze your play after each session! If you can’t afford to spend a lot of money on training materials, free poker resources are your best bet.
Regulatory hurdles have kept many online poker sites from launching in the United States. In West Virginia, Michigan, and Pennsylvania, online poker has yet to go live. However, many other states are considering legislation that would allow online poker. But the federal government has been largely successful in driving most of the largest online poker site operators out of the US market. However, a few offshore operators still accept US players.
To attract new players, the major online poker sites offer varying features, such as satellite tournaments where the winners can win a seat in real-world poker tournaments. In the 2003 World Series of Poker, Chris Moneymaker won a satellite tournament and then won the main event. This shock brought poker to the attention of the world. In 2004, the number of players at the World Series of Poker increased by three-fold. In addition, four of the final-table players had won entry through an online cardroom, including the eventual winner Greg Raymer.
Nevada has been the leader in regulating online poker in the US. The state signed the bill AB114 in 2013 and has been looking for options to expand its jurisdiction. Eventually, it signed multi-state online poker agreements. But the state took its time to reach the ultimate goal of legalizing online poker in Nevada.
Today, online poker is legal in five states in the US, including Pennsylvania, New Jersey, Michigan, and Delaware. And more states are likely to follow suit in the coming years. There is still a long way to go, but it’s already an exciting time to be a fan of online poker. Take a look at some of the online poker sites and find out more about the legality of playing online poker in your state.
Compared to live play, online poker has a more competitive nature. Players who play online can expect to see several times more hands per hour. At a live casino, a player might expect to play 35-40 hands per hour. However, with the fast-fold formats of online poker, this number can be closer to three times that.