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Poker is one of the most trending and highly popular online casino games which is adored by a myriad of players. Being a popular casino game, many entrepreneurs are planning to invest in this highly profitable industry by starting their own online poker platform. But to stay ahead of the competitors in the industry, you should keep yourself updated about the industry trends. The latest and most talked about trend of the online poker industry is online poker networks. Let’s discuss it in detail !
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What is a poker network?
When a group of different poker rooms share the same players and software for attracting new players and creating large scale poker tournaments, it is termed as a poker network. Most of the time, poker players prefer playing in a particular poker room and enjoy their gameplay in it which may be due to different factors such as bonuses which a poker room offers and many more. But if a player desires to enhance their skills by competing with different players belonging to different locations then for such challenges, a poker network can prove to be a wonderful opportunity.
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Why is it beneficial to join a poker network?
Here are some of the reasons due to which poker network proves beneficial to join:-
- A tournament schedule that is ready-made is provided to its skins by the poker network. It also offers different marketing tools which can be useful to start successfully.
- For brand new poker rooms, a poker network can prove to be a wonderful opportunity for attracting new players as different poker rooms have been connected to a single global network.
- When different skins are connected through a single network and have a standardised or familiar look, then players will be more loyal when they face a new poker room. This enables players to get the same features as well as customised options thereby giving the same advantages to every player.
- Also, every poker room can remain independent and autonomous and thus it can offer exclusive features for their players.
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How do poker networks work?
- Poker networks work is based on its owners or poker software provider .
- Poker room operators or skins are connected to a single global network by the poker software provider.
- These poker room operators entice new players for gameplay by advertising the network.
- Through all this, poker network owners can earn profit by creating large scale poker tournaments.
- Poker networks usually seem attractive and beneficial to novice poker rooms or those who have recently revamped their brands for attracting new players.
Key points to consider while creating your own poker network
If you have plans to start or run online poker network of your own, then you must consider some crucial points:-
Multiple payment options
Your online poker network should possess secure and a variety of payment options such as fiat and crypto payment options.
User database
You should have a well maintained user database from the start of an online poker network.
Hosting and server solution
Strong technical expertise is required for ensuring strong and secure hosting and server solutions for your online poker network.
Flawless set up
You should flawlessly set up your poker network with engaging features and enticing retention strategies to attract and retain more players.
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How to create your own poker network?
One of the beneficial as well as complicated ways for operating in the market of iGaming is creating a poker network of your own. You get the benefit of creating your own poker network such as getting the freedom for launching different brands within the market to effectively cover the audience. Some key aspects of launching your own poker network are that the poker network is a quite complex business and most of the people don’t know how to do it. Here are some basic steps which you should consider while creating your own poker network:-
Ensure smooth operation of network
For having a flawless, uninterrupted and solid network work, you should count on the best technical solutions and most significant ones include:-
- Trusted hosting services
Good quality and strong hosting services are necessary for brands for offering flawless services to the users.
- Server allocation
Allocations of servers are done for supporting network operation of skins in various geographical locations. After launching a poker network, you would want multiple skins to join the network and they may belong to different geographical positions thus you require a strong server for your online poker networks.
Certifications, licences and compliances
While starting a legit business, you should ensure to do everything as per rules. Licence of the owner of an online poker network is required for doing financial transactions legally within the network. Poker network owner requires a licence or may be licences which cover as many jurisdictions as possible because when a skin operates in some other jurisdiction which does not fall under licence of the network owner, then it can be complicated. Then, every skin receives a separate licence of its own for operating in the jurisdiction. The poker network helps skins by offering centralised payment processing as well as complete technical parts. Also, skins may also operate under sub-licence when the owner of the network possesses master licence.
Compliance is required for the founder of a gaming network to stand by standards, policies and law which are defined by the relevant iGaming jurisdiction. Though it can be costly or time consuming, it can help in expanding the network by gaining trust of the skins. Some of the common licences include Kahnawake, Malta, Curacao, etc. The criteria of the licences may vary thus you should decide and select the one that suits best of your business’s objectives.
Safe payment methods
Your online poker network should possess the support of multiple payment gateways which include fiat payment options, crypto payment options as well as local credit and debit payment methods. Thus your users can benefit from different payment options and can do transactions conveniently, quickly and securely. Different methods of payment include:-
- Traditional withdrawal and deposit ways such as bank transfers, credit and debit card payments, e-wallets, etc.
- Alternative payment ways such as PayPal, PaySafeCard, UnionPay, etc.
- Payment in cryptocurrencies such as Bitcoin, SOL, Litecoin, etc.
Experts consultancy for better performance
The online poker software provider must be experienced and skilled to offer consulting services to smoothly start and operate an online poker platform. You should get a proper understanding of the software, its features, settings, etc to ensure best performance of your online poker network. Your online poker software should also guide and assist you with:-
- System set up
- Agent and affiliate system set up
- Promotional modules set up
- Doing required settings for ensuring precise reporting
- Support and maintenance
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What are the pros and cons of creating your own poker network?
The major advantages of the online poker network business model include:-
- Skins from any part of the world can join the poker network.
- The more skins in the poker network, the more will be the player's coverage.
Along with these advantages, you should always be aware of the possible peculiarities and risks of this business model. Management of poker networks is quite complicated. You should have a deep understanding of all matters related to the business. For owning a poker network, you should have a big budget for getting reliable and feature rich software. You also need to take care of secure payment options, licensing and compliances to run your business successfully and smoothly.
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GammaStack: Offering state of the art online poker software with poker network feature
If you are seeking a trusted online poker software supplier in the industry which can build or develop engaging online poker software as per your business requirements, then you should definitely consider GammaStack and get advanced online poker software. Our online poker platform possesses all the essential as well as bespoke features as per your specific needs. We can also integrate the functionality of online poker networks in our online poker platform. Our online poker platform is highly scalable and possesses a strong back office admin, secure payment options, loyalty programs and much more which ensures smooth functioning of the online poker platform.
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Frequently asked questions
Yes, our online poker software supports feature of poker networks.
Yes, safe payment gateways are supported in our online poker software.
Yes, players can do crypto payments in our online poker software.
Yes, our online poker software is highly scalable.
Yes, there are customisation opportunities in our online poker software.
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