History of DobroSoft

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The History of Internet Poker

April, 2002

Poker is the world’s most popular card game. It is played both at home and in professional card rooms and casinos. Like most American wagering games it was imported from France during the nineteenth century. While its origins are unknown, it is likely that poker is a direct descendant from the Persian game of Âs Nas. The first direct reference to the game of poker was made in New Orleans around 1830. It spread up the Mississippi and Ohio rivers on steamboats and to the east via the railroad. It eventually gained infamy among cowboys and cardsharps on the American western frontier.

The game that spread like wild fire across the Wild West is now conquering a new frontier, the Internet. In 1998 Planet Poker was the first online poker room. Shortly afterwards another site, Paradise Poker, entered the scene. Their good software and customer service created an industry. Despite the pessimistic prophecies of land-based operators Paradise grew at an exponential rate. From their launch in September of 1999 to mid April 2002 Paradise Poker dealt over 177,000,000 hands. A modest average of one-dollar rake per hand (some analysts think it may be significantly higher) put Paradise’s earnings at previously unimagined levels.

In late 2000, when Paradise had established itself as the predominant champion of Internet poker, the skeptics once again spoke their predictions. This time they said that the online poker clientele had been saturated and that there was no room for new sites seeking new players. Despite this negativity new sites proliferated at break neck speed. New comers like Party Poker, Poker Stars, Ultimate Bet, and AmericasCardRoom saw a sizable amount of business. Simultaneously, Paradise continues to hold its share. This indicates a growth in the number of online card players. Industry analysts estimate about four to five thousand players grace poker sites every day. Even the skeptics are holding their tongues this time. It is our estimate that the poker industry today is where the online casino industry was four years ago, in its infancy. Only time will tell how this industry will come into maturity.

The History of Internet Poker (PART 2)

November, 2003

Watching Internet Poker grow has been a very exciting experience for us. In our first article entitled The History of Poker (above), written over 18 moths ago, we stated that the Internet poker industry was in its infancy. We would like to go on record again and proclaim that Internet Poker has not yet reached maturity. As far as we are concerned Internet poker is, in comparison to other online industries, a young adolescent.

We predict that within the next 3-5 years we will see Internet poker rooms with over 100,000 clients playing at one time. That is more than five times the current record of 20,000. Advancements in technology combined with the widespread availability of faster bandwidth to a wider client base will take this industry to limits hardly imaginable just a few years ago.

Never the less, the skeptics continue to sing the same tune. The same people who said 2 years ago that Paradise Poker captured the market are now saying the same thing today about Party Poker. All that Paradise and Party have done is raised the bar. Eighteen months ago one could enter the market with a very reasonable investment. Party Poker and others such as Poker Stars, Ultimate bet and Ladbrokes have certainly raised the stakes. Barriers to entry such as sufficient marketing capital, access to the target audience, and brand recognition are becoming more difficult to obtain.

However, there are no barriers that cannot be conquered. No one can predict which unknown name will capture the next significant share of the market and compete with the big boys. That is why DobroSoft has made it our mission to help new clients take on the challenges of what we consider to be one of the most exciting businesses in the world.

DobroSoft has continued our pursuit of excellence by building new marketing tools, poker room networks, and new feature rich versions of our classic poker games. We are here with the right product waiting for the right company to join us and make it happen. Once again only time can tell.