Find out Why Online Poker Is Already “Dead” and No Longer Profitable?
Recently, the entire gambling world has spread the news that the once largest poker provider “Redkings poker” ceases to exist.
Company "Redkings poker” didn’t go bankrupt and didn’t get bogged down in loans.
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It's just that the company's management calculated the situation for the future and played ahead of the curve.
You don't need to be an analyst or an expert in the field of online gambling, but just look at the charts of leading online poker companies, for example Optibetso that everything becomes clear even to a simple player.
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Here is a graph of one of the main competitors site "PokerStars” on tournament poker online, company “888”. It would seem that the 888 company should be all right with poker!
But according to the schedule online poker accounts for only 9% of all gambling entertainment on casino sites "888". While on Online Casino accounts for 60%!
And this is how the graph of GVC Holdings, the owner of the “Party poker” site, which once stood at the very origins of poker on the Internet, looks like.
On the site “Partypoker” share online poker has already decreased to 6% of the total number of offered gambling games online casinos.
But the numbers of the Swedish gaming giant Bellon Group, which includes such brands as OnlyBet, NorvicBet and Casino Euro 2023.
Bellon Group statistics look like this:
- Income from the casino 75,2%!
- Sports Betting 22,9%!
- Other games, including online poker 1,9%!
Just imagine, poker does not bring even 2% profit by sharing profit with different little popular games, such as keno, bingo and other lotteries!
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Why is it that online poker is no longer so popular among players around the world?
Покер online practically does not bring profit to owners companies, and the costs of maintaining and developing poker sites are among the highest in the gaming industry.
This includes ensuring the smooth operation of servers, and the cost of a support service, the cost of ensuring security and ensuring the integrity of the game, organizing tournaments and other expenses.
Therefore, many companies continue to keep poker mainly for brand prestige and as an auxiliary element on casino website. After all, poker players often want to win back a “losing poker session” at roulette or slot machines and go to the “casino” section.
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My take on the future of online poker in 2024.
In my opinion, many owners of poker sites, in pursuit of profit, have themselves “killed” the direction of poker in the world gambling.
Companies that own poker portals have begun to reduce the prize amounts of poker tournaments, remove additional promotions for players and reduce the return on losses of players.
Thus, making online poker less attractive for investing money.
Well, the development of high technologies also does not add optimism to poker.
And let them shout everywhere that poker is a game against people, but casino is a game against the computer, in fact, this has not been the case for a long time.
Now you won’t know for sure how many bots (artificial computer players) are sitting at your table and what auxiliary computer programs other players use.
Yes, playing slot machines online casino, you play against the artificial intelligence of a computer program, but no one deceives you. And they honestly write what the meaning of casino slots is “RTP”, volatility, and what wager bonus offers a casino.
So, if you want to save your nerves, and most importantly the time spent, then I advise you better play slot machines... Especially, win at slots now it's not hard at all. Much harder to stop and withdraw in time money won! But that, as they say, is a completely different story!
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