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Being home to the world’s largest poker tournaments, including the WSOP, Nevada’s legislators realized that online poker would bring in a massive revenue boost to the state’s economy and bolster the existing poker industry. Largest Tournament Poker Sites. For American players, there are two main options when it comes to playing online tournaments, both of which are among the top 10 largest poker sites in the world. The two biggest options are hosted on the Pai Wang Luo poker network and the Winning Poker Network.
- When he was 19, he was already the owner of over $1.4 million and the prestigious World Poker Tour Title. The dexterous poker player is an inspiration to a plethora of young poker enthusiasts. His total Net Worth till the date is around $17 million. His biggest win so far was $18,346,673 in 2014.
- The Biggest Gambling Countries In The World Australia. Gambling is so prevalent in Australia that the central bank was led to increase interest rates. Australia allows online wagering on sports. Slot machines are favorite games in the country. New South Wales accounts for half of the country’s total poker machines.
- The world's largest Poker Media website has everything you need to follow the games that matter to you. With over 20,000 videos available covering a wide variety of live and online games, Pokertube is a priceless resource for enthusiasts and professionals alike.
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Poker tournament players often find themselves in the limelight and hogging the headlines due to the very nature of the game. Tournaments crown a champion, the last player standing who usually turns a small investment into a much larger sum. While that is true, cash is king when it comes to making regular money from poker despite cash game players often flying under the radar.
Massive cash game pots are won and lost every day in casinos around the world, but these tend to go unnoticed as live high stakes games are often private. Online poker, however, is a different story as you can watch the action unfold in front of you.
There was a golden spell in the online poker world during 2009 that saw some ridiculous hands take place. A then-unknown player called “Isildur1”, who we now know to be Viktor Blom of Sweden, appeared from apparently nowhere and took on some of the world’s elite players at nosebleed stakes at Full Tilt Poker, now owned by PokerStars.
Five of the biggest cash game pots in online poker history involved Blom and all were played on heads-up pot-limit Omaha tables with blinds of $500/$1,000. Here is how those massive hands went down.
Patrick Antonius vs Viktor “Isildur1” Blom – $1,356,947
Patrik Antonius, winner of the biggest ever online cash game pot
The biggest ever online poker cash game pot weighed it at an incredible $1,356,947 and it went to Finnish superstar Patrik Antonius. At the start of the hand, Blom had a stack of $678,473 with Antonius was sat with $1,259,450.
Blom was on the button and raised to $3,000 holding 9s-8h-7d-6d. Antonius responded with a three-bet to $9,000 holding Ah-Kh-Ks-3s. Blom four-bet to $27,000 and then called when Antonius five-bet to $81,000.
With $162,000 already in the pot, the flop fell 4s-5c-2h, gifting Antonius a straight. Antonius fired a bet of $91,000 only to see Blom raise to $435,000 leaving himself a shade under $163,000 behind. Antonius raised to $870,000 and Blom called off the remainder of his stack to create the huge $1,356,947 pot.
Antonius was a very slight 54.63% to 45.37% favorite to win the monster-sized pot, odds that increased to 77.50% on the arrival of the 5h turn because the Finn now had the nut flush draw in his arsenal, taking away some of Blom’s precious outs. The river was the 9c and the pot slid to Antonius, stacking Blom and sending railbirds wild.
Phil Ivey vs Viktor “Isildur1” Blom – $1,127,955
Viktor Blom was involved in all five of the biggest online cash game pots of all time
Blom was involved in another seven-figure pot two days after breaking the record. Again, it was on a $500/$1,000 PLO heads-up table, although this time the Swede had locked horns with the legendary Phil Ivey.
Ivey started the hand with $563,977 and Blom $638.457. Ivey opened with a raise to $3,000, Blom put in a raise to $9,000 before calling Ivey’s four-bet to $27,000. Both players checked the arrival of the Js-Ks-Jd flop. Ivey then led for $41,000 into the $54,000 pot when the Td landed on the turn. Blom raised to $177,000 and was called.
The river was the 5d and Ivey checked again. Blom bet $408,000 and Ivey called off his remaining $359,977 only to muck his hand when Blom turned over Kd-Kc-5h-4d for a flopped full house.
Patrick Antonius vs Viktor “Isildur1” Blom – $878,959
Antonius and Blom clashed a week before the biggest cash game pot of all time in a hand that saw the Finn scoop $878,959.
The hand started with a raise to $3,000 from Blom and a call from his opponent. Antonius checked the 5h-7h-Qs flop and Blom made a continuation bet of $5,000. Antonius check-raised to $21,000 and Blom put in the calling chips.
Antonius led for $48,000 on the Ad turn, Blom made it $192,000 to go and Antonius jammed all in for $416,479. Blom called and turned over As-Ks-Qd-Th for top two pair, with Antonius revealing Ah-Qc-9s-6h for top two pair, an inside straight draw and a flush draw, making him a narrow favorite as the most likely result (62.5% chance) was a split pot. That did not happeen because the river was the 8d, completing Antonius’ straight. Ouch.
Phil Ivey vs Viktor “Isildur1” Blom – $832,940
The fourth biggest online cash game pot involved Ivey and Blom and weighed in at $832,940. It was a classic middle set versus flush draw scenario that saw $54,000 in the middle of the table before the Ac-6c-4d flop was dealt.
Ivey checked the flop, Blom fired a $42,000 bet, Ivey made it $180,000 to go and then called when Blom moved all in for $389,470. Blom showed 6h-6d-3s-3h for a set of sixes, with Ivey turning over As-Qc-7s-3c for top pair and a flush draw.
The turn was a blank but the river was the king of clubs, completing Ivey’s flush and awarding him another huge pot.
Phil Ivey vs Viktor “Isildur1” Blom – $827,960
Ivey may have seen that last pot as sweet revenge for this hand, the fifth biggest in online history, as it happened 90-minutes before.
Ivey raised to $3,000 and called when Blom three-bet to $9,000. Blom continued for $15,000 on the 9s-2h-6s flop and Ivey opted to call. All the chips went into the middle on the 8d turn. Blom started it with a $42,000 bet that was raised to $157,000 by Ivey. Blom pushed his $389,980 stack into the middle and Ivey called.
It was Tc-8c-7s-3s for Ivey that had improved to a straight with a flush draw, and Qh-Jh-Td-9c for Blom for nothing but top pair with an inside straight draw, giving him exactly 20% equity in the hand. Amazingly, the 7c landed on the turn to give Blom a better straight and an $827,960 pot.
With the digital revolution in full swing and the ease of government regulations on gambling, the sports betting industry is undergoing dynamic transformations over the last few years and consequently surging in popularity around the word, the revenues of many world’s leading sports betting companies are also growing significantly year on year. Today, sports betting has become one of the fastest growing industries across the world, offering immense potential for both bettors and sportsbooks. Some of the popular games for sports betting include horse racing, greyhounding, cricket, football, baseball, basketball and golf.
For the latest online gambling market size, sports betting market forecast, and top sports betting companies in the world, please see our report Global Sports Betting Market 2018-2022, or download your FREE Global Sports Betting Market Report Sample now!
Global Sports Betting Market Analysis
Over the last few years, the world has opened immense opportunities for gamblers to take part in sports betting anywhere in the world through digital platforms, except in those nations where betting is banned. The global sports betting sector occupies the major market share in the overall online gambling industry accounting for more than 40 % of the worldwide gambling revenue generation. According to the Technavio’s market analysts, the sports betting market will grow at an impressive CAGR, with the global sports betting market revenue expected to reach nearly $370 billion by 2022.
Read more:How Is the Online Gambling Industry Making Room for the Next Unicorn Company?
Top 10 Sports Betting Companies in the Global Gambling Industry
888 Holdings
888 holdings is one of the most popular online gaming operators, which operates 888 sports, casino, poker, and bingo brands. Since its launch in 2008, 888 Sports has been successful in establishing a strong presence in the online sports betting market. The online betting site breaks away from the traditional bookies with exclusive customer deals, a range of new markets and an international appeal. Although the company exited US market long back owing to the strict government regulations, they have been keeping a close eye on regulatory developments in the US.
Today, 888 has already positioned itself in the market by partnering with the US-based companies. The potential for the sports betting sector in the US is significant and, as the only firm in all three regulated US states, 888 is all set to exploit the potential growth opportunities in the US market.
Read more:The Game is on! Here are the Top 15 Online Gaming Companies
GVC Holdings
GVC Holdings is one of the largest sports betting companies and gaming groups. With its unique proprietary technology platform, GVC offers casino, poker, bingo, and sports betting under some of the industry’s most popular online betting brands including partypoker, CasinoClub, Betboo, Bwin, Foxy Bingo, and Sportingbet. In a spell of acquisitions, GVC Holdings made a milestone €1.1 billion acquisition of online gaming brand bwin party in 2016 and acquired UK rival Ladbrokes Coral in March 2018.
Further, GVC Holdings also confirmed a $200 million joint venture deal with MGM Resorts recently that will see the former transfer its online sports betting know-how to the latter. This deal will soon lead to the launch of a wide range of sports betting sites in the US.
Kindred Group
The Stockholm-listed online gambling company, Kindred, continued their record-breaking financial performance in 2018, thanks to the all-time growth of their active customer-base and the 2018 FIFA world cup, that led to higher active users. Today, the company is regarded as one of the world’s leading online gambling brands within the sports betting arena. Kindred Group recently signed a 5+5-year agreement with Casino Atlantic City and Hard Rock Hotel in New Jersey. This move is Kindred’s first step into US gaming, with a view to offering online sports betting services to US customers.
Kindred’s major revenue comes from casino games and online sports betting. With these two segments which generated respective revenue of £104 million and £104.9 million during Q2, Kindred continues to witness significant online organic growth.
Read more : Why Sports Betting Accounts for the Largest Share of the Gambling Market
Paddy Power Betfair
Paddy Power Betfair was born following the merger of Paddy Power plc and Betfair Group in February 2016. Today, the business has four divisions: Online Australia, Irish Retail, UK Retail, and Telephone segments. The company’s Online Australia segment provides sports betting services and is the market leader in the Australian gambling industry. Its UK and Irish Retail segment operate 623 betting shops across Ireland and UK. It has a presence in Australia, United Kingdom, Ireland and across the world.
Paddy Power Betfair provides gaming and sports betting services through websites including betfair.com, paddypower.com, tvg.com, sportsbet.com.au, and us.betfair.com under the Betfair, Sportsbet, Paddy Power, and TVG brand names, and through a chain of licensed betting offices.
William Hill
Since 2012, when the UK-listed bookmaker merged three businesses to establish William Hill US, the company has grown consistently to achieve the market share of around 30 %, making it one of the largest sports betting companies in the UK and the US. William Hill is one of the early movers to reap the benefits from the legalization of sports betting in the US after the Supreme Court’s decision in May to strike out a federal ban passed in 1992. William Hill US is already the leading sports betting company in the US, operating more than 108 race and sports books in Nevada along with the state’s top mobile sports betting app.
The sports wagering giant signed sports betting agreements with a number of casinos in the US last month and is in talks with more operators. The company is ramping up hiring in Nevada for growing its US business. The company announced that it will offer mobile betting technology and sports betting risk management services to 11 casinos in Mississippi and West Virginia.
Download related report sample for free:Global Mobile Gambling Market 2017-2021
Bet365
Having added a vast range of betting options and products to their core over the past several years, Bet365 has grown to be one of the largest firms in the sports betting industry. Bet365 was one of the first sports betting company to start offering eSports to bet on. This British online gambling and sports betting company serves more than 23 million customers across the world by offering poker, casino, games, bingo, and sports betting, along with video streams on sporting events. The company recently inked a partnership with another sports betting company – Hard Rock Atlantic City casino to offer sports betting service
Stars Group
The ultimate owner of the most popular gaming brands such as PokerStars, BetStars, PokerStars Casino, and Full Tilt, Star Groups (formerly known as Amaya Gaming) recently announced that it has successfully acquired the Sky Betting and Gaming (SBG). This deal will turn the online poker giant into the largest sports-betting company in the world. Stars Group is one of the most licensed online gaming operators with its subsidiaries holding approvals and licenses in 19 jurisdictions across the world, including the Americas, Australia, and Europe. Star Group brands have millions of customers globally and are leaders in mobile and online betting, casino, poker, and other gaming-related offerings.
Download related report sample for free: Global Online Gambling Market 2018-2022
Draft Kings
DraftKings is one of the most popular daily fantasy sports content providers that allows users to enter fantasy sports-related contests based on team and individual player performance in five largest American sports (the NBA, MLB, the PGA, the NFL, and the NHL), NASCAR auto racing, Premier League and UEFA Champions League soccer, the Arena Football League, Canadian Football League, Mixed Martial Arts (MMA) and Tennis. After the US Supreme Court cleared the way to legalize sports betting, DraftKings got to work immediately, as sports gambling will account for a major share of their business.
Betsson
Betsson is an award-winning sports betting website that has been around since 2006 and literally grew into a gambling empire. The company provides users from all over the world an option to play poker, casino, bingo games and place their bets on various sports events. Betsson is based in Malta and holds a betting license from the gambling commission in the same country as well as one from the United Kingdom as well. Today, its sports betting option is offered on various markets and more and more consumers choose it as a significant option for sports betting.
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BetAmerica
BetAmerica made its name in online gambling industry through horse racing, which then branched out into fantasy sports with the launch of FanEx Sports. Today, BetAmerica.com is considered as one of the most legal and secure sports betting companies based in the US. With a wide range of fantasy leagues for MLB, NFL and NBA and more than 200 racing tracks to choose from, BetAmerica is all set to grab the major share in the sports betting industry.
To find out other major sports betting companies in North America, Europe and Asia, download your FREE Global Sports Betting Market Report Samplenow!
Global Sports Betting Market Trends
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Online betting was brought into the sports industry in the late 1990s and has been growing significantly since then. With the emergence and high penetration of the digital platform, punters have the flexibility in placing bets on sports from any part of the world. Indeed, the digital revolution has given sportsbooks a platform to connect with new customers. Online gambling is one of the fastest growing sectors in the e-commerce industry and is a rapidly growing mode of gambling. The use of digital processes and the growing punter demand will propel the growth of the online gambling industry, while the major sports betting companies in the world are also expected to achieve higher revenues in the near future.
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For more market intelligence in the global sports betting market, please check this following report: