online poker stands strong thanks to bonus codes for us players
Friday, February 29th, 2008Online poker shows no sign of slowing down. The growth in the online poker industry has been helped by countless factors including television exposure, celebrity interaction, huge cash prizes, and the ease of online access. One out of every 4 Americans over the age of 21 visited a “brick and mortar” casino back in 2005 at least once. It’s no wonder that the US makes up for 70%+ of the total online poker players.
It is predicted that by 2011, US poker players will only make up half of the market because of the countless broadband internet access growing around the world. The US poker player market will still grow as well, just not as fast as the rest of the world. There are currently ten large online poker rooms that gladly accept US player deposits.
Bonus deposit codes are offered by affiliates who are contracted by the big poker rooms. Most poker rooms offer incentives via affiliate programs to entice new players to sign up. Deposit bonuses vary but some go over 100% and match deposits up to $1,000 and more.
Many poker rooms offer affiliate programs which in turn produces a bonus code or an affiliate link that gives the affiliate a bounty for bringing the new player to the site. This goes for online poker, sportsbooks, and casinos.
A poker room generates revenue by the “rake”. Rake is not contingent upon winning or losing money. The poker site makes a profit by taking a certain percent of money out of the poker pot. One additional way online poker sites generate revenue is by taking a part of tournament entry fees.
Rake is typically calculated at around 5% of the pot and up to 10% of a tournament entry fee. That may not sound like much, but it equates to billions of dollars in revenue for the online poker and gaming barrons. The poker promotion codes help create nearly half of this revenue thanks to affiliates.
If the U.S. government decides to regulate online poker, it is estimated that they will raise almost $3 billion dollars a year. This would be a hit for the profit of us poker rooms, but would probably let them sleep better at night if they were in accordance with the law.
US poker rooms that user promotion incentives for US players, and bonus deposits, are blessed with one the most prosperous internet market in history. A few gaming website owners have become billionaires. Poker is here to stay and the growth looks strong for the next five years.
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