Saturday, April 27, 2024

Online Poker Prize Money Getting Bigger

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online poker - ace

*Although you’d usually picture a group of players sitting around a table to play poker, in 2002 the World Championship of Online Poker was established.

As more people take part so the prize pool grows. In 2002 the prize pool was just $238,000 for the main event. By 2017 this had grown to $10,915,000, although the biggest prize pool of all was in 2010 when it reached $12,215,000.

Not all players want to put themselves under this sort of pressure, and many play just for fun. There are thousands of online casinos, with games of varying – and expanding – types. There are always the old faithfuls, such as blackjack, poker, craps, and slots, often with variations of them all. Some of the largest sites have over 500 different games to choose from and many of them give bonuses to new players. Apart from licensing laws in some countries causing restrictions, the casino you are playing in could be based anywhere in the world. Some players find the best bonus by looking at comparison sites, such as freecasinoslots.ca, while others will just click on various sites to find their own way.

Phil Ivey – 4th Of The Best Ever Poker Players

For players that do still sit around the table to play, there could be some debate over how to choose the best ever poker players to date. Do you measure their success by the number of tournaments they have won, or by the sum of their winnings? 4th on the list to the end of 2017 is Phil Ivey, a player who made the news earlier in the year because of a court case with a casino in the UK, which he lost.

stack of money

‘my winnings’ – Pamela Carls via Flickr (CC BY-SA 2.0)

The way he learned to play, and the lengths he went to at the start of his career, have established him as one of the greats of all time. He developed his poker skills while playing with his workmates in the 1990’s.

Since then he has gone on to win ten World Series of Poker bracelets, one World Poker Tour title, and he has appeared on the World Poker Tour final table nine times. His total winnings to date exceed $23 million. Whether you decide who are the greatest poker players on winnings or tournament successes, he is always going to be somewhere near the top.

hand rankings

‘Poker Hand Rankings’ – Blaine Rumsey via Flickr (CC BY 2.0)

Will Online Poker Overtake Playing At The Table?

The big advantage of playing any casino games online is that anyone can take part. You can play with very small amounts of money to learn the rules and the tactics of any game, or to understand how slots work and what your odds of winning are. This allows you to find out if you have the skills to progress and enter tournaments without losing the shirt off your back.

 

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