Poker News - PokerMonger.com |
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Finally Some Good News After a string of bad luck for the ill fated WPT Online poker site, the company has found a way to get around all the trouble and red tape. A new age has emerged in response to the UIGEA and the US’s lack of acceptance for online poker sites. Instead companies like WPT have launched subscription based sites that have members pay a monthly fee in order to gain access to the service, and then through play, instead of winning real money, the system is based on points, which then the players can redeem for various prizes, such as seats in various huge tournaments.
Club WPT is
the World Poker Tour’s version of this very site, and it was
launched almost a year ago, and since then they have seen a
steady rise to the top of the food chain. It is also really
great that Americans have an outlet with which to entertain
themselves, and as Americans we are supposed to enjoy the right
to online poker. Up until this point in time, the Club WPT has
now given away over 2 million dollars in prize money, based on
the exchange of prize equivalencies. Furthermore, the money
comes from a combination on player fees and tournaments.
It has been
interesting to note that the subscription poker site model is
actually not been very successful for other brands in the recent
past. However, perhaps due to the WPT’s already strong branding
image, or maybe because they are such a large company in the US
where this type of service is needed, they have been the ones to
outlast all the competition. Back to January 2009 Archive. |
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