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article imageForums helping online poker players learn the $7 billion industry

By Andrew Moran     Jan 8, 2013 in Business
San Francisco - Online poker has become one of the biggest industries on the Internet. Since its introduction in 1998, online poker has turned into a $7 billion industry with an enormous amount of players. Is it a better investment strategy than playing the stock market?
GetPokerNews.com published an in-depth article shortly after the 2008 financial collapse of the United States economy. The report talked about how as many sectors of the economy were on the decline, online poker, and other online businesses, turned out to be one of the success stories during the economic downfall.
Not only has online poker revenue grown $7 billion since 2004, online gambling revenue has also soared from $7 billion in 2004 to nearly $25 billion in 2010. Poker websites are seeing huge growth, such as Poker Stars, which had up to 200,000 simultaneous players at one point.
The article opined that online poker seemed like a better investment than putting your money into real estate or stocks and could be for a long period of time. With that being said, poker players, whether they’re beginners or experts, need advice, want to chat with fellow players and get the latest news from the world of poker.
“A lot of people are finding it hard to find profitable niches right now. Online poker might be the solution,” wrote the poker news outlet. “Just imagine how many people used to invest in real estate and stocks. These types of investments are no longer safe due to the fact that the prices are going down, and for the next couple of years a change is not really possible. This is why investing in an online business is one of the best thing you could do right now.”
There are quite a few poker forums on the Internet, like CardsChat.com, PokerStop.com and PokerForum.ca. These websites give users the opportunity to talk strategies, get involved in tournaments and initiate general discussions, much like any other forum out there on any considerable topic.
CardsChat.com is one of the top forums out there for poker aficionados. It provides a list of various poker websites out there, both in the United States and from across the globe, poker websites that offer sign-up bonuses and exclusive offers and a poker hand history converter. It features online poker strategies for beginner poker, No Limit Hold’em, Omaha and other poker variants as well as poker software and tools.
The forum, which has been featured on Bloomberg, YouTube and the San Francisco Chronicle, has a total number of 93,526 members, more than 1.6 million posts and 148,358 threads (at the time of this writing). Like the forum operator states in the introductory forum page “casino card games, including poker are all the rage nowadays.”
A casino may seem rather intimidating to a novice player, but forums like these can help beginners learn the tricks of the trade from seasoned competitors. Heck, maybe a few visits to a poker forum can transform a Go Fish player into the Cincinnati Kid.
Or perhaps it would turn out like the ending to the classic 1965 motion picture and Lancey Howard (Edward G. Robinson) would say to you, “You're good, kid, but as long as I'm around you're second best. You might as well learn to live with it.”
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