| The online skill games market is raking in an | | | | by anti-gambling legislation. |
| astounding $412.00 (USD) per second, sending | | | | Is it legal to play or provide skill-based games? In |
| analysts into a frenzy. | | | | the United States, the Skill Game Protection Act, |
| As rapidly as the internet marketplace has grown | | | | or HR 2610, was introduced on June 7, 2007 by |
| overall, the market for skill games has grown at | | | | Robert Wexler (Congressman, NY), making |
| nearly four times the rate. The online games | | | | games of skill, such as poker, bridge, and chess, |
| market is on target to grow from the $3.4 billion | | | | legal to play and provide online access to for |
| (USD) produced in 2005 to more than $13 billion | | | | profit. |
| ($412 per second) by year 2011, according to the | | | | In other countries, games that rely on a player's |
| most recent report from analyst firm DFC | | | | skill or ability, and leave little influence of their |
| Intelligence. | | | | outcome to luck, are typically legal. Before |
| $5.2 billion dollars is the genre's current market | | | | attempting to test your ability at skill games, |
| valuation (2007). That works out to approximately | | | | however, it would be advisable to make sure |
| $164.00 USD per second. Within the next five | | | | you're familiar with the regulations in your country. |
| minutes, players worldwide will spend almost | | | | As many online gambling sites worldwide are being |
| $50,000 on games online. | | | | shut down for legal reasons, and with many of |
| The combination of this amount being spent and | | | | these sites' patrons moving towards online skill |
| the projected future growth makes this industry | | | | games, the market for online skill games will likely |
| a hot ticket for companies like MTV | | | | continue to flourish. |
| Networks,who are eager to get their slice of the | | | | How can I make money with online skill games? |
| action. | | | | To make money from online games of skill, you |
| What is the meaning of a "game of skill"? "A skill | | | | may (1.) Become skilled enough at a few online |
| based game is a internet game played in a | | | | games to consistently win money and prizes in |
| tournament format, with each player paying a | | | | tournaments, or (2.) Start a gaming website, and |
| cash entry fee to play, and with a cash or | | | | have people pay you for the privilege of playing |
| merchandise prize going to the winner or winners | | | | your games.The latter is inherently more |
| of the tournament" according to The International | | | | profitable, although setting up a gaming website |
| Game Developers Association. | | | | can be a somewhat arduous endeavor. |
| Skill games derive their name from their greater | | | | As online games allow skilled persons the |
| dependence on ability, and much lower | | | | opportunities to both make money and indulge |
| dependence on luck, to successfully win at them. | | | | their competitive spirit with players from around |
| This is a critical point to keep in mind, as games | | | | the world, their allure can be difficult to ignore for |
| relying solely on luck or chance may be restricted | | | | many people. |