Online Poker Booms While the Economy Suffers

 - Jul 6, 2009
References: pokerscout & men.style
Online poker has exploded in response to recent job loss and pay cuts. The appeal lies not only in the thrill of probability, but also in the familiarity of the game, especially for those who worked in finance and stocks.

Over 44,000 individuals engage with their computers in an attempt to win money through online poker, according to PokerScout.com, a web site that tracks 98% of online poker traffic for over 500 sites. The 24-hour peak for today? A whopping 99,462 individuals participated in this game of probability and psychology at one point. That sounds like a lot of people, right? Actually, these numbers only cover 22 of the 500 sites that PokerScout.com tracks traffic and ratings for.

Details magazine notes that the appeal of online gambling comes from the similar skills needed to work on Wall Street and play poker.

Take a look at the July 2009 article from Details titled, "How Internet Gambling is Keeping Wall Street Rich" for more insight into the mindset and attitude of a few players.