Planet IDN Play was the first entrant to the field of deposit e-wallet and this was introduced in the year 1998. This was followed by better and bigger gambling sites in the next few years. The rate structure of a maximum of $3 which is about 5% has been considered as the industry standard since its inception.
Currently we have Paradise poker who is leading the industry of gambling online and this was introduced in 1999. Dutch Boyd created Poker spot at about the same time is noteworthy. This was the first group to enter online gambling and they started online IDN Play tournaments. This was a success until the group faced a problem in withdrawing the deposits of the players from their credit card partners. Players were not given their share of winnings as the group itself was not given the due funds. This consequently resulted in the closure of the Poker spot group.
There were about 700 such online gambling sites by the time Poker meted out a failure. A survey conducted in March 2001 revealed that about 800 million people had gambled their funds in the net. One year later, online casino produced its first millionaire, who received 1,594,649 dollars on 30 May, 2002.
While playing poker in play for fun format, it becomes easy for novices to track one’s game. Almost all the “play for fun” web sites have an option known as hand history. It is an option that helps a player track all the poker actions that a he / she or his counterpart makes.
This facility of tracking each hand in poker games played online is a boon in disguise in many ways. Almost all the software applications are able to process one’s hand histories in a play for fun type of game, and returns detailed summaries to every play.
While playing online poker games, tracking plays include not only the exact statistics of every winning and rake. The tallies of every winning and rake are useful for purposes regarding taxes.
This variety of poker also provides the detailed responses of a poker game. The novices who are keen on improving their game may utilize these statistics for identifying their weaknesses.
Such statistics may also help in keeping an eye on leaks of player’s in playing for fun poker. When person’s winnings are lost due to a mistake that he committed, it is known as a leak.
Analysis as detailed as this was unavailable earlier in the playing for fun genre of poker. But with the propagation of “playing for fun” type poker, it has become a regular feature among serious players of poker.
After the misfortune that befell Poker spot, online gambling sites started using. This is known to be the system which funds the online gambling sites with huge funds. Players are freed from the trouble of using the wire transfer system or credit cards when they need to deposit in an online pokers site. The introduction of Neteller’s system had reduced frauds and improved the credibility and reliability of the industry.
The year 2001 was a welcoming year for online gambling with the2 big players, Poker Stars and Party Poker entering the field. Party Pokers became the top player in the industry after they overtook Paradise in the year 2003 with their strategic advertisements on the media
They also came up with Party Poker Million along with World Poker tour to attract people across the world and they succeeded in the US. The fascinating story of Mr. Chris Moneymaker also added to the growth of online poker gambling. It is said that moneymaker paid 40 dollars to get into the poker contest.
He became a big pot in the world’s series of pokers with his success in the tournament. He is said to have defeated 839 other people who had participated in the poker contests and was declared the winner of 2.5 million dollars. The poker tournament conducted in the year is adjudged the biggest ever held in the history of Poker’s.