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People Wagered $60 Billion on Poker Sites in 2005
Cardplayer.com ^

Posted on 12/27/2005 7:50:09 AM PST by frogjerk

According to a Report Available From Research and Markets

Research and Markets, a company that provides research and marketing data to such clients as Phillips, Eli Lilly and Coca-Cola, announced it's now offering a report on online poker called “Online Poker - Driving Gambling To New Heights.”

The report costs Euro 341. According to the website, the report is the result of a survey of online poker's industry leaders. Among the online poker companies mentioned in the report are PartyPoker.com, ParadisePoker.com, PokerStars.com, and EmpirePoker.com. ESPN, the Travel Channel, Yahoo!, and Pizza Hut are also mentioned in the report.

Research and Markets released a few teasers taken from the report, such as:

The amount gambled on poker websites around the world is estimated to be more than $60 billion for 2005.

More than 60 percent of the industry experts surveyed believe that online poker will be the dominant offer in online gambling in two to three years.

Three-quarters of the industry experts surveyed believe that the annual global rake/commission in the two to three years will be more than $4 billion.

The titles of the topics covered include: “business model of poker sites,” “elements of good poker sites,” “top geographical regions,” and “examples of successful poker TV coverage,” just to name a few.


TOPICS: Business/Economy; News/Current Events
KEYWORDS: 2005review; gambling; onlinegambling; poker
WOW!
1 posted on 12/27/2005 7:50:13 AM PST by frogjerk
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To: CSM; jmc813; Phantom Lord; doubled; Graycliff; Tallguy; Lexington Green; ThinkDifferent; ...

Poker Ping!

Freepmail me to be put on the poker ping list.

2 posted on 12/27/2005 7:50:37 AM PST by frogjerk (LIBERALISM - Being miserable for no good reason)
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To: frogjerk

I wonder how many of them will suddenly be frightened by the doubling of Credit card minimums this Jan....


3 posted on 12/27/2005 7:55:10 AM PST by theDentist (Qwerty ergo typo : I type, therefore I misspelll.)
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To: frogjerk

How does Pizza Hut tie in to this?


4 posted on 12/27/2005 7:57:09 AM PST by generally
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To: generally
from http://www.pizzamarketplace.com/research_21171_134.htm

Pizza Hut is sponsoring an exclusive six-episode series called Poker Royale: The WPPA Championship, which begins Dec. 7.

5 posted on 12/27/2005 8:05:46 AM PST by frogjerk (LIBERALISM - Being miserable for no good reason)
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To: frogjerk

Fools and their money.


6 posted on 12/27/2005 8:06:09 AM PST by dfwgator
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To: frogjerk

I'm a cable guy and I do a lot of work on internet connections. About a year ago I was working late and I went to a trouble call at about 7:00 at night. The customers internet was down and it was surprising that it had ever worked properly in the first place considering the condition of the drop feeding his house and the wiring inside. I wanted to reschedule the appointment for the next day considering the time of day and the amount of work involved in fixing it, but the customer was adamant that he was using his computer for business and was losing money for every minute it was down. Anyway, I decided to humor him and I spent the next hour and a half doing the minimum of work necessary to get him back on line. When I finally got out of there at close to 9 p.m. I watched him go to his computer and get back to his "business" of playing internet poker. I hope he lost everything.


7 posted on 12/27/2005 8:51:56 AM PST by elmer fudd
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To: elmer fudd
When I finally got out of there at close to 9 p.m. I watched him go to his computer and get back to his "business" of playing internet poker. I hope he lost everything.

Why would you wish for something bad to happen to this guy? Couldn't he have been a professional poker player? What if he was registered for a tournament that was to start shortly?

As I'm sure you know, the Internet is no longer just a novelty. Many people rely on the Internet for a wide range of reasons. It has become as important as the telephone.

BTW, what is the difference if the guy was an online trader or a online poker player trying to make money? It just seems like you were angry with the guy because he wanted his Internet, which he was paying good money for, to actually work.

8 posted on 12/27/2005 9:00:28 AM PST by frogjerk (LIBERALISM - Being miserable for no good reason)
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To: frogjerk
Yes, I was angry with the guy because I had gone over and above the what is normally done on a trouble call on false pretenses. We offered to fix HIS bad wiring in a timely manner at no charge and that still wasn't good enough. You own the wiring in your house and when you get a self installation kit from us it's your problem if your internet connection is bad because of your poor wiring. We will ussually fix it for you anyway, but generally not after 7 p.m. in the middle of winter. Because he led me to believe that his livelihood depended on his internet connection I stayed out hours past the time I ussually go home working in the dark and the rain.

I still hope he lost his shirt and judging by the condition of his house it's not unlikely that he did.

Gambling is only your business if you own or work for the casino, otherwise it's just a game.

9 posted on 12/27/2005 9:30:24 AM PST by elmer fudd
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To: frogjerk

Wouldn't surprise me if it hit $100 million in 2006. Poker is exploding. WSOP is on ESPN constantly, celebrity poker matches are aired. It's becoming extremely popular.


10 posted on 12/27/2005 9:34:47 AM PST by Reform4Bush
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To: frogjerk

I wagered nowhere near that much


11 posted on 12/27/2005 9:41:07 AM PST by fnord (497 1/2 feet of rope ... I just carry it)
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To: elmer fudd
In your first email you posted these comments:

The customers Internet was down and it was surprising that it had ever worked properly in the first place considering the condition of the drop feeding his house and the wiring inside.

Anyway, I decided to humor him and I spent the next hour and a half doing the minimum of work necessary to get him back on line.

Then in your reply you post this:

Yes, I was angry with the guy because I had gone over and above the what is normally done on a trouble call on false pretenses.

You own the wiring in your house and when you get a self installation kit from us it's your problem if your Internet connection is bad because of your poor wiring

Which is it?

Also:

Gambling is only your business if you own or work for the casino, otherwise it's just a game.

If you are a professional gambler it IS your business and your livelihood...

12 posted on 12/27/2005 9:59:45 AM PST by frogjerk (LIBERALISM - Being miserable for no good reason)
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To: elmer fudd
Gambling is only your business if you own or work for the casino, otherwise it's just a game.

What about those whose entire income is derived from gambling?

13 posted on 12/27/2005 10:16:39 AM PST by Phantom Lord (Fall on to your knees for the Phantom Lord)
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To: Reform4Bush
Wouldn't surprise me if it hit $100 million in 2006. Poker is exploding

Actually, several reports have quietly revealed that American interest in poker has been on the decline since the late summer. Poker sites have lost traffic in a big way according to Alexa and others. And ratings for ESPN's poker shows have plummeted according to VNU-Nielsen.

14 posted on 12/27/2005 10:21:19 AM PST by montag813
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To: frogjerk

I question those figures. I don't know how many poker sites are out there, but at 60 billion in revenues there would be a sudden flood of new sites and you would see it advertised on tv all the time. Since all these sites are offshore, where does this group get its data?


15 posted on 12/27/2005 10:29:34 AM PST by Casloy
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To: frogjerk

I wonder how much of that 60 Billion went on Credit Cards!!!

I will bet you a ton of it...


16 posted on 12/27/2005 10:30:21 AM PST by antaresequity ((PUSH 1 FOR ENGLISH, PUSH 2 TO BE DEPORTED))
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To: antaresequity
I wonder how much of that 60 Billion went on Credit Cards!!!

I will bet you a ton of it...

Duh, you ever try putting a $20 in your disc drive? LOL!

17 posted on 12/27/2005 11:04:00 AM PST by Toddsterpatriot (The Federal Reserve did not kill JFK. Greenspan was not on the grassy knoll.)
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To: dfwgator

>Fools and their money

Yep, these are the people I like to play. We call them fish.


18 posted on 12/27/2005 11:26:36 AM PST by Datahead
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To: Casloy

$60 billion bet doesn't mean $60 billion changed hands. Think about playing blackjack. If you bet $5 a hand for 20 hands, winning 9 of them, you bet a total of $100 but only lost $5.


19 posted on 12/27/2005 11:36:24 AM PST by sharkhawk (Bear Down Chicago Bears)
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To: frogjerk

Gambling: a tax on stupidity.


20 posted on 12/27/2005 4:38:45 PM PST by DennisR (Look around - God is giving you countless observable clues of His existence!)
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