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Online Casino News - September, 2008

Investment Banking in Online Poker Could Catch On

 

 

  Seed Newsvine

by Edward Rogers, News Staff Writer

September 22, 2008

Do you have what it takes to play poker with the pros? Or maybe just the skills necessary to take home a commendable online poker tournament? If so, then your opportunity to do so may be right around the corner. Yes, I know - there's one important thing I've neglected to mention. We all know that it takes money to get started in the poker world. And while you can start off playing very low stake games with a meager bankroll, the fact of the matter is that it takes big bucks to win really big bucks.

Maybe the idea of winning a really big pot is not your fancy. But, what if I told you that you can play with someone else's money, and would never have to put any of your own dough at risk? Doesn't sound bad, right? Of course there is a catch - you don't get all of your winnings. However, the proprietary trading company, Manro Haydan, is hoping to make the concept of investment gaming a lot more digestible for the poker player.

Similar to hedge fund trading, Manro Haydan hopes to entice more players, who obviously must have the right skills and a good track record to get some heavy funding. Knowing all too well that the majority of poker players don't want any Catch-21's and prefer to fund their entire game, Manro Haydan is offering players a BadBeat, meaning that Manro will cover all losses. 50% of any winnings simply goes back to Manro.

What might at first sound like a risky way to invest, Manro ensures investors that the advent of online poker offers inherent protection. In the online world, betting limits can be preset, which coupled with the application of risk management techniques, can keep the odds in the favor of the investors. On top of this all, says Manro, poker is exciting and fun. Hmmm. If you ask me, it sounds just like gambling in the online casino or fantasy sports betting. Essentially, it all comes down to taking risks with money. Whether it catches on in the online poker world or not - we'll just have to wait and see.



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