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Poker News

Online Poker Cashing Out in Foreign Markets

Written By: Samantha A. | August 19, 2015 | Posted In Poker News

The online gaming company Poker Stars continues to push their strategy to expand the online gaming culture across the world. As of now online poker is illegal in the United States and has plans on being on many state ballets in November 2016. Although the industry has been slowed by the policy delay in major countries around the world Poker Stars has created successful online poker rooms in viable markets. The foreign markets have already taken steps to ensure they are impacted by the projected billion dollar industry.

Poker Stars star debuted its lottery-style poker room in 2014 that included a $100 buy-in policy that offered players the opportunity to generate 10 times that with the winnings. The popularity of the online poker rooms are undeniable. The Spin and Go tournament generated 7.3 million players in the first 10 days. People are looking for convenient ways to play poker and make money without losing too much. The platform has now taken another step in providing gamers an opportunity to play in smaller pools and receive even larger payouts for those who win. A short-term Spin and Go tournament campaign presented in France and Spain will offer a .25 euro buy-in and could produce winnings of nearly 10times the buy in.

In France the margin of profit is much bigger than the likes of Spain. France will allow the .25 euros that will allow winners to take in a pool prize of 3,000-3,500 euros which is 10,000times the actual buy-in. Spain which will yield a smaller winning pool will still be a 4,000times profit for players. The online gaming culture continues to spread across the world and the new business owners who are on the forefront of the industry look to make a significant amount of money in the next few years as laws begin to change. The United States will become a major participator in this industry if the big name gambling companies have anything to say about it.

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