I recently joined a short debate in our Diamond Forum on the English site. The main question debated was whether the poker boom will go on or not within the next five years.
Before I begin some thoughts on this, let us have a look at the last year at its development. One of our newest features, the network statistics, helps us to shed some light onto the poker industry.
I will roughly compare last September with this July/August, whereas this even slightly disadvantages the present, as generally, there is much less traffic in summer than in winter (so September is a better month than August). I will just have a look upon the "Big Four" amongst the poker networks to make things easier: PokerStars, FullTilt Poker, PartyPoker and Titan Poker / the iPoker network. Together, they make up for well more than 60% of the world's cash game action. SNGs / MTTs are excluded!
First the classic: Texas Hold'em
(values are the average of active cash game seats)
September 2007
PokerStars 8,000
PartyPoker 4,500
FullTilt 4,500
Titan/iPoker 3,500
Sum 20,500
August 2008
PokerStars 10,000
Titan/iPoker 6,000
FulTilt 4,500
Party 4,000
Sum 24,500
A very nice increase of 20%!
This shows that the Poker Boom and Texas Hold'em are far from coming to an end. Even though the situation in the U.S. is still not too good for online poker players, the emerging markets like Russia or still Germany are more than compensating for that.
Additionally, we shall be optimistic about Asia: Macau is – in terms of gambling – bigger than Vegas, and it seems very likely that poker will earn its place in the asian gamblers' hearts. With our Korean and Chinese sites here at PokerStrategy.com, we try to repeat the job we did so well in e.g. Russia and Germany: make poker recognized as a strategic game of skill rather than luck by many. The success stories of our Asian members will carry the word, and bring new fishes in their wake.
But now let us have a look at another success story: Omaha! In the past years, it seemed that Texas Hold'em would monopolise the poker market, which is the main reason why we concentrated on this game type 99% of our resources – until now!
Even though still the vast majority of all cash games see Hold'em's two hole cards, Omaha is winning quite well. Here's the combined values of Omaha and Omaha Hi/Lo:
September 2007
PokerStars 1,350
FullTilt 750
PartyPoker 300
Titan/iPoker 300
Sum 2,700
August 2008
PokerStars 1,900
FullTilt 1,200
Titan/iPoker 400
PartyPoker 350
Sum 3,850
An increase of more than 42%!
Maybe you already noticed: we're catching up on Omaha content quite fast. Expect a lot in the future! :)