Posts Tagged ‘Orchids Asia’

Asian Poker

Tuesday, January 1st, 2008

Online poker is a bit like this jock guy who peaked in high school around 2010. He used to be handsome, gigantic and ripped to the bone, he could throw a mean ball and he used to get all the girls. Unfortunately, he never got to play for an A-list team, now he’s pushing thirty, he’s starting to develop a beer belly and while he can still throw that mean ball he’s in desperate need of something that would reinvigorate him.

Online poker environment is far more difficult to thrive in and far less popular than it used to be. The idea of playing cards for a living is now no more romantic than the idea of becoming an esports player or creating a successful startup company. Poker lost a bit of its cultural significance and it isn’t as attractive for the potential new players as it once was. DominoQQ offer the best online deals.

However, it’s not like there is a plethora of jobs that can offer similar freedom that poker can provide, or even hobbies that can result in a nice side-income. Online poker is far from being done, but it could sure use a nice pick-me=up and the emergence of Asian online poker rooms can be exactly what the doctor ordered.

Why Asia?

In case you’ve been living under a rock for the past year or two there’s a clear new trend when it comes to managing western online poker rooms. PokerStars is the obvious example of a site that does everything in it’s power to make itself less attractive to regs and more attractive to recreational players by cutting down on volume rewards, making bum hunting as difficult as possible, filming commercials with famous celebrities and coming up with new fast poker formats aimed at attracting the western clientele with ever decreasing attention spans.

Even if we consider another example of poker network that seems infinitely more reasonable and less revenue oriented in its changes like Microgaming decreasing the rake at micro stakes and allowing for unlimited screen name changes is supposed to have the same effect PokerStars is hoping for – increasing the number of new players and new deposits.

Asian market represents everything western poker so desperately seeks. A fresh batch of new players excited about gambling with lots of disposable income. Even though Chinese economy is slowing down it still managed to produce a large middle class that has time for leisure and money to spend. Given the fact that China is so insanely populous Asian poker market is no joke and might be the best thing that happened to poker since Chris Moneymaker’s win at the WSOP Main Event in 2003.

And that’s just China. Other Asian countries are also full of potential new players and on the whole that number is much larger than western poker rooms could ever dream of.

Gambling Tradition

“If you don’t gamble, you don’t know how lucky you are”. – Chinese Proverb

In western countries, we’re socialized to think that we’re the masters of our own domain, that we can achieve anything as long as we work hard enough. We don’t need luck or fate or God. Asian countries promote a vastly different narrative. Deep belief in luck and faith is at the very core of eastern culture.

People believe that their destiny is largely predetermined by the ancestors and therefore being lucky at a poker table is a sign of being blessed by the gods. Gambling is often a part of family gatherings, it’s not uncommon for Korean families to play gambling games for real money during New Year’s Holiday or Thanksgiving (Chuseok). Think about what would happen if you proposed a nice game of short handed 50NL to your parents and siblings after the next Christmas dinner.

Gambling is something that’s far more socially acceptable in the Asian countries than it is in western culture. It also has a higher cultural significance. Sure we had Casino, Maverick, Rounders and countless other works of fiction that managed to appeal to some parts of our society (namely young men), but poker is generally frowned upon when presented as an alternative career or even a serious hobby.

The social aspect of gambling is much more pronounced in Asia than it is in Europe or USA. The deeply-rooted ideas of capitalism and individualism make it obvious for western players that in order to play the game of poker with any degree of seriousness you have to value EV over everything else.