If you want to learn how to play online poker, you can study the bar charts created by Nathan “BlackRain79” Williams. The bar charts were created to catalog the profits and losses of Nathan’s online poker sessions. The bar charts show his profits at three and six dollar blind levels as well as at a $0.50/$1 blind level. In contrast, his losses were two and four dollars, or $50 and $250, respectively.
The United States is not alone in regulating online poker. Many other states are considering regulating this market as well. Some have regulated online gambling by requiring license fees and taxes. Some states have also made online poker legal in their jurisdiction. Despite the numerous regulations, few US-licensed sites remain on the market. In the meantime, offshore poker sites have become popular and resorted to increasing their revenue by allowing players to play in the U.S. market.
The current situation of online poker is somewhat favorable. Only five states offer legal online poker. Two of these states, New Jersey and Delaware, are stepping up their efforts to legalize the online poker business. Other states, like Pennsylvania, will follow suit in 2021. Currently, WSOP/888 US is the only legal online poker site that shares players with all three legal states, and it is the leading US online poker site. It’s worth pointing out that players from these three states are likely to compete against each other in tournaments and cash games.
In terms of the integrity of the game, online poker sites are motivated to ensure that they remain honest and fair. PokerStars made $877 million from online poker in 2017 – an increase of 42% from 2016. This revenue proves that the poker sites are the big winners in online poker, and the true sharks. If you’re wondering if online poker is rigged, read this article. You’ll be pleasantly surprised to learn that the online poker industry has a lot to gain by regulating the game.
The United States is not a federally regulated nation, but it does have several state laws that regulate online poker and internet gaming. However, Nevada is currently the only state to formally legalize online poker. In fact, Nevada is not expected to accept license applications from PokerStars after 2006.