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Record year for online poker

Posted by kulubes | January 24, 2012 | Posted in: online poker | Comments Off

The crisis, what crisis?

French online poker did not see any crisis. 2011 was a record year for gaming in general. But it is the online poker that takes the lion’s share on the Internet, with 8.8 billion euros wagered. Online poker represent over 80% of all recorded online bets.

Online poker has a 86% market share according to the regulatory authority for online games in 2011. This game attracts half of all the bettors: mostly young men and mostly people with graduate degrees. Behind the game of poker comes horse race betting: a billion euros in 2011 put in a total increase ompred to 2010. Then follows far behind the sports betting.

And there was a big tumble for sports betting in France. It does not seem to get as popular as it is in Anglo-Saxons countries. In 2010, the year of the opening of online games in France, sports betting had generated 450 million euros in bets. But only for seven months since paris Internet had been allowed only from the month of June. In 2011, over 12 months, the bets do not even total 600 million euros and they are low: on average less than 10 euros. The bets on soccer fell by 20%, for tennis 36%.

In 2010, sports betting was boosted by the World Cup of Soccer, and perhaps by curiosity. However, last year’s World Cup of Rugby has not unleashed the crowds. Will sports betting get a boost from the Olympic Games in 2012? Wait and see. This will be the test for French sports betting, but in more established markets like the USA or the UK, there is no doubt that the Olympic Games will generate a lot of betting as they always do. The thing is, in the UK for example, punters have been betting on sporting events for decades. Whereas the French have by tradition only bet on the Sunday horse races, though the Pari Mutuel.

It may take some time for the French to catch up, but as the country gets more American every day there is no reason to believe that sports betting will not rise in popularity at some point.

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