Is 2020 going to be a brighter year for online casino operators?

By March 2019, the UK gambling sector recorded its first-ever decline in profit from £5.6bn to £5.3bn.

Many blamed changes to legislation as well as increased taxation. 2020 began with the introduction of new legislation banning gamblers from placing credit card deposits. This will come into force in April.

A review of current gambling laws is underway and the UKGC have said: they are considering capping the maximum stake on online casino games to £2”. The past year has brought such significant changes leaving us wondering if 2020 is going to be a brighter year for online casino operators.

Growing Markets

Growth in the online gaming industry has spread across the world and at the end of 2019, the global market was valued at $45bn. Following increased popularity in gambling and advances in technology, analysts have predicted this figure will increase to $95bn by 2024.

Currently, Europe remains the biggest market, but as the industry becomes more popular, more countries are legalising gambling. Further regions within North America and Asia are expected to make gambling legal. The future of online gambling doesn’t rest in the hands of the UK but in expansion across the globe.

Use of cryptocurrencies

Cryptocurrencies are a brand-new currency which has taken the digital world by storm since being introduced in 2009.  Even if you are not entirely sure what it is, chances are you have heard of Bitcoin which was the very first currency created. Virtual currencies are extremely appealing because unlike flat currencies are completely uncontrolled by governments or financial institutions.

Using cryptography technology, Cryptocurrency has changed the way online payments are made offering complete anonymity and security.  As more casino operators accept cryptocurrencies the doors of online crypto casinos are opening to people who wouldn’t have otherwise been exposed.

Also, forecasters are predicting exponential growth with the addition of this payment method, especially in the upcoming years as regulations are starting to be even more tight for some operators.

Beginner Poker Tips (Part 3)

Think about your opponent’s cards.

It is critically important in poker to think about the strength of your opponent’s hand, and not just your own. It is great to have a big hand, but if you think that your opponent has a better hand than you, you should prepare to fold. For instance a straight is a decent hand, but if there are four cards of the same suit on the board and your opponent pushes all in, do you still think you have the best hand?

 It’s a bit of an advanced concept, but it is very interesting nonetheless.

4] Play against players worse than you.

This may seem obvious, but you will be surprised at the number of players who don’t follow this simple principle. If you are better than the players who you are playing against, it makes sense that you will be a winner in the long run. If you were the 10th best player in the world, it would not be profitable to sit at a table with the top 9 players in the world.

Pick your games and limits just as carefully as the cards you play with. Good table selection will help players to find fishy poker tables in the lobby.

5] Think about your position.

Table position is a very important element in poker, especially in Texas Holdem. The best positions to be in are when you are last to act on the hand, for example, when you are on the button. This means that player gain knowledge about what kind of hand they may hold before the action gets to them. Having good position in a hand can easily change a losing hand into a winning one.

Position plays a much higher role in no limit Texas Hold’em than we might think. It can often be more important than the cards themselves, and make huge difference between winning and losing a hand.

Beginner Poker Tips (Part 1)

There is a very steep learning curve in playing Poker. At the beginning a little information will take player a long way, but as their ability is improved, the new information won’t add as much to the game.

So if a beginner of poker must read this article, this is probably the most useful and money saving information. If you absorb all of this beginner poker tips, you may even turn from losing into a break-even or winning player.

These beginner poker tips won’t turn you into an expert in a jeepy, but they will set you on the right track to becoming a winning poker player.

1] Don’t play too many hands.

A very common mistake that beginners make is not being selective with their starting hands. Don’t get caught into the common trap of thinking that ‘any hand can win’. Although this is correct, some hands are more likely to win than the others and will help players win more money, whilst others lose more money. So be selective about which hands you play.

Good beginning hand selection is the foundation of every winning poker player’s game. Learn it!

2] Don’t bluff too much.

Another common mistake about poker is that you need to bluff to win. You may find spectacular bluffs on the game, but these are edited to show the highlights of the games and so give the wrong impression of the frequency that top players bluff. Bluffing in poker is not as crucial as you think it is.

If you are a beginner, it is better to master your cards well rather than trying to bluff your opponents out of hands. It is best to try occasional bluffs here and there, but the real art of knowing when to bluff comes from knowledge and practice

Where did poker originate?

The poker game we play now is believed to have ancient roots that went back over 1,000 years, crossing several continents and cultures. Some researchers say poker’s origins can be traced to a domino-card game played in the 10th-century by Chinese emperors; others believes it is a descendant of the Persian card game “As Nas,” which dated back to the 16th century. Poker’s closest European predecessor was the game Poque, which was popular in France during the 17th century. Poque and its German equivalent, pochen, were both inspired by the 16th-century Spanish game primero. French colonists taught Poque to their settlements in North America, including New Orleans and the surrounding areas, which quickly became part of the United States thanks to the Louisiana Purchase of 1803. English-speaking settlers in the region Anglicized altered Poque to poker and adopted some features to build the modern game, including five cards for each player and (by 1834) made a total 52-card deck.

From there, poker caught on up the Mississippi River and throughout the nation, thanks in part to its popularity among crews of riverboats delivery goods via that great waterway. Soldiers in both the North and South played poker during the Civil War, and it became a trend of Wild West saloons in frontier settlements during the 70s and 80s. In 1871 the game was introduced to Europe after Queen Victoria listening the U.S. minister to Great Britain teaching the game to members of her court who asked him for the rules. More general acceptance of poker in Europe happened several decades later, largely thanks to the impacts of American soldiers during World War I. Over time, different form of games have dominated among poker players, including five-card draw, seven-card stud and the recent Texas Hold’em, which started its rise to dominance in the 70s when it became one of the featured games in the World Series of Poker, the game’s leading annual competition.