Online Poker Wagering

Online Poker wagering is different from sports wagering or betting on a game of chance like Roulette, Craps or contests because Poker is a game of skill. To date, no one has been arrested or indicted for online Poker wagering. The Wire Act prohibits a business from operating and transmitting sports wagering; however, this does not apply to an individual Poker player. The Federal law makes a clear distinction between the Poker player and the operator of a business for profit, such as those run by bookies and other agents. However, online Poker wagering is legal in some states and illegal in others. If gambling is illegal in a particular state, the Organized Crime Control Act of 1970 makes it illegal for a group of 5 or more players to conduct online Poker wagering. Therefore, online Poker wagering is within legal limits as long as the individual player does not receive a percentage of the business' profit and only wagers against other players.

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Wagering Poker online follows the same basic rules of any Poker game, although Poker rooms in online casinos usually set different betting limits. The initial wager is the ante or bet to join the game, with betting continuing clockwise around the table. As the wagering gets to each player, they have four choices: to bet an amount within the limits set for the game, to call by matching the total amount already wagered, or raise the wager by another amount, which is usually limited to three raises. The fourth choice is either check, which would end your betting but allow you to remain in the game, or leave the current game by folding.

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There are over 100 Poker rooms in casinos where you can download their software and begin Poker wagering. These casinos must be licensed and provide verifiable security for handling online wagering. All wins, losses, and deposits for each player must be carefully recorded, as well as all cash-outs. Many casinos offer incentives to begin your online Poker wagering, with matching deposits from 50% to 100%, and welcome bonuses. There are frequent online tournaments as well, which have great prizes in cash and merchandise. In addition, online Poker wagering also has the convenience of 24-hour/7-day customer support.

Online Poker wagering is becoming more and more popular, as online gaming sites continue to expand and attract new players. You can wager from the convenience of home and play in a realistic environment while enjoying your favorite game of Poker.

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by Bones McCoy at offshorepokerroom.com on February 10, 2006


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