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Poker in the News

all the poker news that was fit to print

Sunday, November 28, 2004

 

Players try hand at online-poker job

Online poker is profitable for good poker players. So profitable that many are giving up good paying jobs to concentrate on playing poker full-time.

Most interesting statistic in the article: In January 2003, $11.1 million was wagered on major poker sites. In September 2004, that number had jumped to $136.1 million.

One of the advantages of online poker which is mentioned in the article is the ability to play multiple tables-- online games going faster than live casino games and players being able to see more than 200 hands an hour (though they don't give a frame of reference, I can-- live games see about 30-40 hands/hr.).

Greg Raymer, the 2004 World Series of Poker winner, estimates that there are thousands of people playing online poker for a living.
The Seattle Times: Business & Technology: Players try hand at online-poker job

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