The poker game has been a part of card games competitions for more than two hundred years already. Undoubtedly, poker has charmed the majority of the planet, starting from poker rooms on river boats and in bars on the Wild West in the past and up to modern card rooms with a huge amount of tables and luxurious casinos all over the world. Be it the USA, Europe or even Latin and South America, poker has become a super popular game of the 21st century. But even now there is a “new horizon”, which will be actively conquered in the forthcoming years, in order to move poker to the new stage of its popularity among dozens of millions of new players.

This “new horizon” is a continental Asia. One billion people lives in China, one more billion is the population of India, and one more billion is spread over the remaining part of the continent. Considering such an amount of potential poker players, this market is a “gold vein” for organizers of the game. Only recently this horizon started to be developed (with or without the assistance of local governments). The new horizon can become the last one for poker, meaning that it will completely conquer the whole world. Organizers of poker assure that by the end of 2007 many Asians understand perfectly well what is “blind”, “turn” and “river”.

For a long time on-line companies have been interested in the possibility of entering Asian markets (particularly, Chinese market), but governments of Asian countries prevent on-line or traditional gambling industry from full-scale development. The government of India, for example, does not actively support the idea of the gambling industry (though there are six casinos in this country). China, which will host international Olympic games-2008, the government gradually weakens the control over the Internet. This is very good news for the representatives of the gambling industry, who have already prepared to launch a large-scale acquaintance of Asia with poker.

Steve Wynn, the owner of hotels and casinos all over the world, is ready to bring his brilliant and glamorous style to the Asian market. “Wynn Macau”, the complex of casinos and hotels, was opened on September 5 in Macao. It familiarizes the Asian continent with the luxury of Las-Vegas. It includes hotels of 600 rooms and casinos, which undoubtedly offer gambling and poker games, just like the other Steve Wynn’s institutions do all over the world. The 20-storeyed hotel will be an exact copy of the hotel-casino “Wynn Las Vegas”. The company plans to arrange further spreading of table games throughout the continent.

TV has also brought poker tournaments onto the Asian market. The most popular world poker tournament (World Poker Tour or WPT) has recently granted a license to TV stations in Macao and Singapore for them to show the first season of WPT games to the Asian audience. But the continent is getting ready to organize its own outstanding poker tournaments. The organization entitled “PanAsia Poker Tour” has recently declared that the debut of this new championship will take place in November, and it is for the first time in history that the official championship will take place in Manila, Philippines.

The event called “PAPT Philippine Open” will take place on November 3-5 in “Airport Casino Filipino”. Its final tournament will incorporate free Texas holdem poker game with the prize fund of $2500. It is expected that the tournament, which got the official permission of Philippines State Corporation for Control over entertaining and gambling industry (Philippine Amusement and Gaming Corporation or PAGCOR), will attract celebrities and professional poker players who would attempt to win the title of the tournament champion. There are plans to film this tournament to be shown in the future on Asian TV. This means that the spectators of the Asian continent want to watch games, which are played on their own land.

However, the poker tournament entitled “PanAsia” does not stop at arranging one event. Leaders of this organization have adopted plans to arrange in 2007 a tour across the continent with ten stops. The latter are planned in Macao, Malaysia, Hong Kong, Korea, Japan, New Zealand, Australia and the Philippines. If the tour appears to be successful, it will be able to attract millions of new poker players to the poker community.

India is also a part of Asia; the world outlook of Indians in many aspects reflects the peculiarities of Asian or even Eastern philosophy. Gambling games and casinos in the Indian society are usually condemned (though many Indians want to change this), while poker sites, which are not prohibited here, encounter difficulties in spreading deeper into the continent. It is interesting that some activities of the on-line poker companies take place particularly in India. For example, the company “PartyPoker” has a branch office there with 900 employees, the company pays taxes here, as well as in Gibraltar, where its headquarters are located. Nevertheless, India will be able to display its real interest to poker during the first tournament in the history of this country, which will take place in 2007.

Asian poker championship in India – Asian Poker Classic – with the guaranteed prize of one million dollars will take place on March 1-3, 2007, in a major resort Goa (Grand Resort Goa) in the hotel “Intercontinental”. It is expected that more than two hundred players will take part in the tournament. The admission fee being $7500, this competition is to attract some of the best poker players from all over the world and many celebrities. Its organizers hope that the poker site (and the tournament sponsor) “Maharajah Club” that has earned a reputation a long ago will help to attract many players to this competition.

Perhaps, the organizers themselves will give the best account of the tournament. This is what the tournament director and the respected director of the championship “European poker tournament” (European Poker Tour) Thomas Kremser said about the event. “Nothing similar has ever happened in India before. Undoubtedly, the tournament will be impressive. The striking beauty of the Goa resort, splendid hotels and absolutely unique character of this tournament will become its unsurpassed scenery. It will be the poker tournament of the year!”

Asian poker players have already inscribed their names into the history of the game. From Johnny Chan to Men “The Master” Nguyen and Can Kim Hua, Asian players made their contribution to the game, and today their impact is felt in any tournament. Upon arriving onto the Asian continent, poker will conquer the new and the last geographic horizon and give birth to a new generation of champions from Asia.

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ON THE MONEY 7PM EASTERN ON CNBC cnbc’s ON THE MONEY DYLAN RATIGAN

Part three in The Renegade Economist investigative documentary series uncovering the people and practices behind the global financial crisis.

The games typically offered by online poker tables include Texas hold’em, Seven-card stud, Omaha, razz, and so on. The game structures of online poker are both tournament and ring game. Unlike the poker tournament, which is played with tournament chips that are worthless outside that tournament, ring games are played with “real” money and chips on the line. A ring game usually has no predetermined end time. Another difference between ring games and tournaments is that a predetermined style of poker will be played throughout the tournament, whereas with ring games players may be offered the option of playing other types of card games as well.

Players who are new to online poker are recommended to try ring games. They will be confined to a single table, but can join any table at any time and buy poker chips. In this online poker game players are allowed to cash out whenever they please, as opposed to a poker tournament, where players have to either lose or win all the poker chips before they can cash out. There will be a tournament entry fee with most online poker rooms.

At online poker players play against each other and not against the house, but the poker room still gets its money from the rake or through tournament fees. Online poker is responsible for the tremendous growth of the number of poker players all over the world. Poker players fall into two categories, play money and real money players. Play money players are usually new to poker and signing up as beginners gives them a chance to see what online poker is about before they start playing for real money.

Many people think that online poker is quite different from playing poker in a casino or at home, at least as far as the experience is concerned. Online poker players must learn to interpret some clues, which are not physical in nature. Unlike traditional poker, an online poker game doesn’t allow its players to see their opponents and study their reactions, which means that they have to focus more on other tells, such as reaction times or betting patterns. One of the most important requirements of online poker is adaptability, which means that players who wish to be successful must learn to master the new surroundings brought about by online poker.

Experienced poker players who want to go as far as bluffing at an online poker game should know that this is very different from bluffs in the real world, and it comes with both advantages and disadvantages to them. The obvious advantage is that online poker bluffing is more difficult to spot, but this can also be a big disadvantage if a player is trying to spot the others’ bluffs. All physical “tells” that you can pick up on when playing poker in the real world are missing here, so online players should be careful.

Before you become an experience poker player, be it online or in the real world, it wouldn’t hurt to get some tips on how some of these games are played, and learn some strategies. If you’re not playing for real money it doesn’t mean that you are wouldn’t like to win every now and then.

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Rep. Barney Frank (D-MA) today introduced HR 2046, the Internet Gambling Regulation and Enforcement Act of 2007 that would create an exemption to the ban on online gambling for properly licensed operators, allowing Americans to lawfully bet online. The legislation would establish a system to protect online financial transactions and block children and compulsive gamblers from gambling online. Please visit www.safeandsecureig.org for more information.

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Poker in an online casino doesn’t have to be an intimidating, awkward, or uncomfortable experience. In fact, they are often less intimidating than playing in a Vegas land casino. There is no pressure of the people sitting at the poker table. There is however, a little bit of pressure having to play against a computer clock. There are ways to make online casinos more enjoyable, relaxing, and pleasant than playing in a land casino, not to mention more profitable.

One thing people get afraid of in online poker is looking like they do not know what they are doing. However, it’s OK to look like a beginning online poker player, especially since there are no faces staring as the poker player makes a move. And chances are that other people in the poker room do not know what they are doing just as much. For the ones that do, it should be obvious, and the beginner should not be at that poker table. This is, by far, the most important rule. No one should worry how others view them. In the end, it doesn’t matter. In fact, if someone’s goal is to win money and have fun, then it would be great if they could fake the image of a new player even if they are an experienced pro. It is sneaky, but almost guaranteed. Experienced players tend to play more softly, less aggressively, and less competitively against a new online poker player.

The poker player should always act in turn. This is easy to do. The online poker player needs to simply pay attention to where the action is and make sure to bet when it is their turn to do so. Most online poker players can’t stand someone who takes forever because they’re distracted; or even worse, someone who bets too soon. It is suggested that a couple of seconds are taken before someone acts just to make sure that they are, in fact, acting in turn. Also, a pause before they act will get a beginning online poker player in the habit of thinking about what they’re going to and why they are doing it.

One of the most important things to do before playing poker online is to find out as much as possible about the poker room before sitting down. There is no rule that says someone has to sit down in a poker game as soon as they arrive in a poker room. Yet that’s exactly what new online poker players routinely do. There is no question that someone will be eager to play online poker for the first time. But it is not something that a person would want to follow their instincts on. The poker player should take a while to look around when they arrive in a poker room. It might even benefit the poker player to spend the first visit to a poker room not even playing poker. It is just more beneficial to have a better knowledge of the types of online casinos and poker rooms so that the playing time can be more comfortable.

For the first couple of poker games, the player should think about playing in a poker game and take many breaks. The tempo of online poker tends to be much faster. Players make their decisions more quickly and there’s a lot less conversation, eating, or general time-wasting than in other casino games. But the benefits of online poker allow someone to come and go as they please, should they have a couple of bad poker hands.

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Over the past few years casinos and online gambling in the UK have been subject to many newspaper stories, leading many to believe that an increased number of people were gambling, with the possibility of a large proportion succumbing to gambling addiction. However, the recently released British Gambling Prevalence Survey 2007 has proven otherwise, surprising those who held preconceptions about the numbers of gamblers in the UK, as well as gambling trends.

Many hypothesized that the survey would indicate a huge increase in the amount of gambling taking place, with special emphasis on those who chose to wager their money online. However, the survey revealed that actual gambling figures for the year have remained almost at the same levels as they were back in 1999, proving that the anticipated increase in gambling numbers hasn’t materialised and suggests that there are not as many problem gamblers as previously thought.

The number of ways people can gamble has certainly increased in recent years, with the huge variety of scratch cards available, as well as new casino openings and the advent of online gambling. In fact, the number of online gambling websites has increased massively in recent times, along with the variety of games available to play and the ease at which users can wager their funds on these websites. It was this area increase in particular that led many to speculate on the potential gambling addiction problem in the UK.

The report shows that around 32 million adults have participated in some form of gambling activity within the past year, which includes the National Lottery and the instantly gratifying and readily-available ‘instant win’ scratch cards. Of these people only 6 percent placed wagers online, while only 3 percent gambled online by playing poker or casino games or placed bets with a bookmaker using the internet.

These facts are probably surprising considering the amount of press that online gambling has received in the past, especially since the survey also revealed that the number of “problem gamblers” is a mere 250,000 people – accounting for less than one percent of the total number of gamblers.

Of course there has been a lot of feedback from politicians and religious groups as well as the general feeling of the public. Although the study reveals many facts about the gambling situation in the UK, there is always more room for debate to consider the effects gambling has on society and on those who develop problems. As the debate stands in the aftermath of the report however, it looks as though the laws regulating gambling will remain untouched although there will probably be further inquiries into the regulation of online gambling.

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The game:

Poker is a popular card game played at casinos and even online. The game involves players holding one or more cards with their values concealed. The players place their ‘wagers’ into a central Party Poker pot. This pot then becomes the prize of the player or at times players, with the best combination of cards. The central poker pot may also be awarded to a player who makes what is called the ‘uncalled bet’.

Types of Party Poker:

• Video Poker: This is a single player game that is most often seen in casinos. The video poker is quite like the slot machine. There are a number of video games that use poker hand rankings.

• Card Poker: This game has a number of variations. The standard method of playing applies to card poker too. A card poker game involves the specifcations of the card values, hand vlues, the exact number of betting rounds and the actions taken between rounds.

• Draw Poker: Draw poker is a game in which the players are dealt a complete hand. They then improve what they have by replacing the cards.

• Stud Poker: In this type of poker, each player is dealt a combination of face-up and face-down cards. The distribution is within many betting rounds.

• Community card poker: In this game, the incomplete poker ‘hand’ of each of the players is combined with the shared ‘face-up’ cards.

The Party Poker strategy:

The right to deal a hand is generally via tokens called buttons or bucks. When playing poker at a casino, the dealer handles the cards. A button or a plastic disk is rotated to indicate the order of betting.

The game involves one or more players who are required to make induced bets to create a stake. It is for this stake that all the players contest. The poker dealer shuffles the cards well and cuts the pack. Thereafter, the players are given the appropriate number of cards, one at a time. The way the cards are dealt largely depends on the type of poker being played.

Some Party Poker terms:

Betting: After dealing the cards, the game that follows and the calculated awards are called betting rounds.

Bluffing: When there is a possibility of winning a central poker pot, without disclosing a hand, it is referred to as bluffing.

Poker hand rankings: These are the primary features of the poker game that distinguish one from the other.

Show down: In the final betting round, if more than one player is still remaining, then there is what is called a showdown. Here the players reveal their hidden cards and evaluate their hands.

The Party Poker future:

The introduction of ‘online poker’ has now enabled players from around the world to play with one another. The ‘hole card camera’ poker is another variant of the game that has contributed towards it becoming a spectator sport, with viewers being a part of the drama synonymous with Party Poker.

There has been a surge in the coverage of Party Poker events and the professional players are now more like celebrities. There are dedicated Party Poker fans all over the world who have optimized the camera exposure now associated with the game. This has ushered in a new dimension to the Party Poker game.