What Will the Future of the Global Poker Business Model Be?
The Global Poker Rankings is an online leaderboard which ranks above 450,000 active poker players from around the globe. The GPI poker rankings, also known as the Global Poker Ranking, are updated fortnightly. Players are tested upon their performances in a variety of poker games occurring over 6 consecutive weeks. When a new player has been found to have performed exceptionally well, they are ranked ahead of all other players. These players are given free VIP bonuses when registering for the site.
Players receive a special weeps cash bonus when registering with the site. They are also given golden coins called weep stones. These golden coins can be exchanged for cash and the player receives a weep card containing 500 Weep Cash. On reaching level ten in the global poker bracelet, players will receive a grand prize, which is in the form of either cash or a weep card containing a certain number of free casino entries.
The virtual currency provided by the Global Poker Tour is called Weep Cash. Players can cash in their Weep Cash for real money at any online casino. They cannot however, cash in their virtual currency.
Players earn Weep Cash by winning in the weeps poker tournaments. Players are also awarded with golden weep coins, known as Weep Gold. Weep gold cannot be cashed in for cash. It is only used for purchasing items in the virtual currency marketplace, like Weep Cash. Purchasing gold from the GPT site requires you to have a registered account. This is done for security purposes.
The GPT business model is based on the concept of social gaming. Players register with the GPT website and can create their own profile. Once your profile is complete, you can access the website and sign in. From there, you can place bids on games and place your bids in accordance with your financial resources.
Global Poker Tour is a high traffic web site that attracts millions of internet users. Millions of players log on to play online poker every day, which makes the GPT website one of the most popular online poker rooms in the world with regards to sheer numbers of active players. Most players who play online poker on the GPT website are from America and the European continent.
The website offers both competitive and noncompetitive games for players of all skill levels. There are several other features such as chat rooms, software developers, live casinos, and free tournament series that attract many people to global poker sites. The main competition that occurs at these sites occurs between the European and American continents. Many prominent players reside and make millions of dollars on the European continent, while players from America struggle to make any kind of income on the North American continent.
With regard to the World Series of Poker (WPT) business model, there is currently no clear leader, since all three events have high traffic volume. In recent years, however, it has been apparent that the European and American continents are catching up with the global poker business model. Currently, the European Poker Tour (EPT) is the largest event by far. The EPT started out with a lower cashout total, but the organization has upped its cashout amounts each year since then, primarily due to the emergence of more European based poker players, who have moved to the US, and a lack of coverage in the past (mainly Asia). The most important factor is probably the increase in number of non-American players playing poker on the EPT; however, the Americas are catching up in terms of Cashouts per capita. All in all, it is safe to say that the future of the global poker business model lies with the European and American continents.