Poker pros are commonly asked to attend meetings or conferences when the subject of gaming is concerned. Pros can give their opinion on a number of topics from poker gaming formats to the current legislation for online gaming. Such pros as Daniel Negreanu are comfortable being in the spotlight and s...
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Online poker is one of the most popular games on the Internet. There are over 40,000 players seated at real money cash game tables at any given time. The number of players enjoying sit and gos and tournaments is triple that number. This does not include the number of people seated at play money tables, which is well into the hundreds of thousands.
OnlinePokerRealMoney.net is owned and operated by poker players. We understand exactly what players across the globe want in a poker site. We play Texas Hold’em, Omaha and Seven Card Stud at the most popular online poker rooms. We know what features and bonuses that each site offers.
We have handpicked the best poker rooms and compiled extensive information on each. This includes bonuses, VIP programs, level of competition, software features and the games available. We know that you will be happy with the poker sites reviewed at OnlinePokerRealMoney.net because we play on them ourselves.
Online poker started with play money sites in the mid 90’s. Poker Joint and Planet Poker were the largest at the time. The software at the time would be considered unplayable by today’s standards. Both were setup with disabled cashiers with the intent of launching real money online poker down the road.
Planet Poker won the race for real money play. It dealt the first cash online poker hand on January 1, 1998. The game was 3/6 Fixed Limit Hold’em.
Planet Poker grew a cult following. It was able to spread action 24 hours a day within two months. It eventually ran into a series of problems that sent it into irrelevancy in the online poker world.
ASF Software produced the random number generator and decided to publish its algorithm. It turned out the shuffle was not as random as ASF Software claimed. A group of third party programmers were able to crack the random number generator based on the cards dealt to them and shown on the board.
The programmers did not use this information to cheat. It later published a report on its findings. This type of shuffle is no longer used by any site.
The site was also plagued by server outages that would sometimes last days, as well as persistent software crashes that players found extremely annoying. This helped lead to Planet Poker’s demise.
Delta Poker launched in 1999 to little fanfare. The big move in online poker came when Paradise Poker hit the market late in 1999. The Paradise Poker platform was exponentially better than the one used by Planet Poker. This caused an almost immediate exodus of players from Planet Poker. The fact that Planet Poker continued to be plagued by server issues did not help.
Paradise Poker held the number one spot for several years. Party Poker launched in 2001. It took about two years for Party Poker to take over the number one spot. This can be attributed to the massive marketing campaign in the U.S. during televised World Poker Tour events.
Party Poker’s dominance coincided with Chris Moneymaker winning the 2003 World Series of Poker Main Event. Moneymaker parlayed a $39 WSOP satellite at PokerStars into a $2.5 million bracelet victory. Moneymaker, an accountant from Tennessee, showed the world that anyone could do it. This milestone is considered to be the dynamite that launched the online poker boom.
While poker boomed, payment processing became a challenge. Credit card companies slowly shied away from approving deposits to poker sites. Paypal also stopped processing U.S. online poker payments. This opened the market for gaming-centric ewallets.
Neteller became the most popular ewallet option for U.S. players. It was also the top choice for players in other countries. Firepay, Click2Pay and PrepaidATM were also available to players throughout the world, though most of these companies’ transactions involved Americans.
Party Poker continued its dominance of not just the U.S. market, but the entire world. It was number one in cash game traffic. While PokerStars was the second largest poker site at the time, it beat Party Poker in sit and go and tournament traffic. Chris Moneymaker’s World Series of Poker Main Event win was probably a factor in this.
UIGEA Enacted in U.S.
The U.S. Congress passed the Unlawful Internet Gambling Enforcement Act (UIGEA) in September 2006. It was signed into law by President Bush in October 2006. This bill was attached to an unrelated security bill referred to as the Safe Port Act. The bill was voted on in the eleventh hour before a recess so that Congress could return home to campaign for midterm elections.
The Safe Port Act funded seaports in an attempt to prevent them from falling into the hands of foreign investors. Some members of Congress considered this a must-pass bill as there were fears that terrorists could gain control of important ports in the U.S. That control could be used to import contraband or export sensitive products to ineligible countries without authorization from Customs agents.
The portion of the Safe Port Act that pertained to unlawful internet gambling was just 10 pages of the 79-page bill. It was attached to the bottom of the bill and never read or debated by Congress. Most lawmakers had no idea this language was even included in the Safe Port Act. It later drew criticism from members of Congress that felt that they had been tricked by Senate Majority Leader Bill Frist, who added the gambling language to the bill.
The UIGEA did not make any form of gambling illegal. It was an additional punishment for existing crimes. The law was poorly worded and contained typos, which was expected since nobody bothered to read it before it passed.
The UIGEA forced all publicly traded online poker real money sites to leave the U.S. market for fear of exposing shareholders to liability. These included Party Poker, 888, iPoker, Ongame, Boss Media and Cryptologic.
PokerStars immediately moved into the top spot in terms of real money game traffic for the entire world. This was the first step in its world domination of the industry. It currently holds more than 50% of the market share and has about 10 times the traffic of its closest competitors.
The next few years were rather uneventful in the online poker world. That all changed on April 15, 2011. The U.S. Attorney’s Office in the Southern District of New York unsealed indictments against PokerStars, Full Tilt Poker and Absolute Poker. This rocked the world poker market. PokerStars immediately recovered, however, Full Tilt Poker, Absolute Poker, and UltimateBet were discovered to be frauds that did not have the money to play players.
Online Poker Regulation in the U.S.
The loss of PokerStars and the failure of other sites brought a call from players to finally regulate online poker in the US once and for all. Three states listened. Online poker is fully legal and regulated in Delaware, Nevada and New Jersey.
Ultimate Poker became the first regulated poker site in the U.S. when it launched in Nevada on April 30, 2013. WSOP.com followed on September 17, 2013. Delaware launched online poker on October 31, 2013. Five regulated online poker sites launched in New Jersey on November 21, 2014. The states do not network player pools. Delaware and Nevada have agreed to share liquidity. This has not gone into effect.
Several other states have discussed online poker regulation. The Iowa Senate passed an online poker bill in 2012. It died in the House. California has seen many bills over the years. Unfortunately for poker players, none have ever made it to a vote.
Countries with Regulated Online Poker
Several countries throughout the world have regulated online poker. France and Italy regulated online poker in 2010. Spain launched online poker regulations in 2011. All three of these countries ring fence players. This means that players on these sites only have access to opponents within their country’s borders.
The United Kingdom, Belgium, and Estonia are among other countries that also regulate online poker. Players in these countries are able to join pools with those located in other countries.
OnlinePokerRealMoney.net has been reviewing poker sites for years. We are poker enthusiasts that have played at every safe poker site on the Internet. The owners and writers on this site know which online poker rooms offer the best bonuses and VIP programs. We also know where the fish hang out.
You will find the best tournaments and overlays in our reviews. The pros and cons of the platforms are also in our summary of each site. We review sites that accept players in Europe, Canada, and the United States. Players from each country have different expectations in a room. We know that and want to help you pick the best site for your needs so that you can be a winner at the tables.
We are constantly adding new content to OnlinePokerRealMoney.net. When a site rolls out a new promotion or bonus, we let you know about it. We will publish more articles about our favorite games and online poker rooms in the near future. Make sure to check back often.
We love to hear from other poker players. If you have a question about which site is best for you, make sure to email us at email@example.com. We can help you with that decision. Make sure to include the games and limits you play, as well as any other site where you already have an account.
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