Chess Players Are Migrating to the Online poker World

While it may seem strange for elite players of the highly cerebral game of chess to take up a seemingly low brow game like poker, the two games aren’t as dissimilar as one might think. While, at first glance poker is a seemingly simple game to learn and understand, the truth is that to become a successful player one must first learn more advanced theories and strategies to excel. Despite the simple nature of the basic game play many mathematical concepts can be applied to the game. Those who doubt that math has a place in successful poker need look no further than the highly mathematical playing styles of WSOP winners Dan Harrington (also a former chess player) and Chris Ferguson.

In the most recent New york Review of Books the legendary chess grandmaster Gary Kasparov reviews Chess Metaphors: Artificial Intelligence and the Human Mind by Diego Rasskin-Gutman and discusses the impact of computers on chess and other games ufa88s.info. He attributes part of the lure of poker to the fact that unlike chess it has yet to be beaten by computers and perhaps never will be. “While chess is a 100 percent information game-both players are aware of all the data all the time-and therefore directly susceptible to computing power, poker has hidden cards and variable stakes, creating critical roles for chance, bluffing, and risk management. These might seem to be aspects of poker based entirely on human psychology and therefore invulnerable to computer incursion, ” Kasparov theorized.

However, other chess players have turned their attention to poker since it not offers a mental challenge but also a shot at far greater financial returns. Recently the Poker Stars blog interviewed one of their online players known as simona75. He’s a 34 year old London based chess International Master who after joining PokerStars a year ago has gained their prestigious Supernova Elite status. Players who reach this level are offered a chance to be given free entry into any of the following two events: PokerStars Caribbean Adventure, WSOP Main Event, EPT Monte Carlo, APPT Sydney or free entry into one of the above events and $10, 000 cash. When asked how he came to play poker simona75 said that since he didn’t have any jobs lined up he decided to start playing poker on the side. Once he realized his skills could gain him Supernova Elite status he decided to actively pursue it. Gaming is one of the fastest growing industries online. It had achieved revenue of USD $8-9 billion in 2006, USD 12 Billion in 2008, and is expected to go beyond USD 15-18 billion in 2010. There are more than 2500 online casinos this time and still growing. The internet serves equal opportunity for all land-based gaming operators as well as those who do not already have a gaming business but want to start online gaming business i. e. i-Gaming or e-Casino industry and enjoy the benefits. This article provides some basic information on internet gaming industry and how you can start your own online gaming portal.

What Internet Casino or Online Gaming is? Like other online businesses this is an online gaming portal where players can place their bets online using their internet connection, play till they want to. Different online casinos might offer some different features, bonus offers, and games in their portfolios. However the most of them do offer some common and popular types of Las vegas style games like Blackjack, Poker, Slots, Bingo, Roulette etc. some include sportsbook, lotteries and other forms on traditional gambling, too. The money can be deposited or withdrawn via various online payment methods using credit cards. The overall gaming process run through software from a main server and is closely monitored for all online activities.

The online gambling software comes with various customizable features and games. The operators can limit individual bets, daily bets and fix a payback ratio. Some of them also use Vegas Odds, especially in State of Nevada. The pay back percent can be set keeping in mind volume of the game. More payback generally translates into more winning odds for players hence more players for your casinos.

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