When the Markets Fall, the Tables Fill
MarketPulse, a reputable poker listing and room tracking site, has reported that September has been a month of growth for nearly every online poker room in existence right now. And they give two big reasons. I contend to offer a third, but first, let’s see what they have to say.
It’s that odyssey experience that many people like to call college. Yes, it’s that time of year again where thousands upon thousands of students flock to the university or college of their choice, leaving the wing of mommy and daddy and experience the freedom the world has to offer them first hand. And since this is the internet generation we’re talking about, timing couldn’t be better for the online poker table providers.
The second reason given by MarketPulse is the fact that many online poker rooms are offering several great incentives, such as qualification into the World Series of Poker after several successful tournaments wins. Again, this is an attractive strategy, as many amateurs turned pro the same way.
But one thing MarketPulse neglected to mention is the economics behind the recent boom. We all know that the cost of living is going up, up and more up in many of the nations of the world. And with the crashes happening on Wall Street, many people are looking to increase their income or supplement it by other means. And where do the good amateurs turn to do this, college students, graduates, and the regular joe alike? You guessed it, poker online. With it’s prevalent media exposure and the loss of faith in traditional financial securities people are turning more and more to self made monetary gain, and history has proven, that gambling is one of those outlets.
So regardless of the reason, recent freedom, incentive, or just plain income supplementation, online poker is showing now signs of slowing down in the near future.