The internet has been filled with talk about shared liquidity and how it can affect the gambling market in the US, and therefore, how it can influence the available poker bonuses.
But what does shared liquidity even mean? And what can it do for online poker? If you are truly interested in the future of online casinos around the US, it is time you found out the answers to those questions.
Shared Liquidity Explained
Liquidity is a term that refers to the amount of organic traffic online gambling venues generate, and the cash players bring to the table.
The concept of shared liquidity is simple: the more people come together to gamble online, the more money will circulate the system. And when there is more promise to win major prizes, it will attract the attention of additional gamblers - mainly big fishes. It’s a system that feeds itself, but it can only work if several states create a combined pool of players.
If players remain restricted to playing solely against other gamblers who live in their vicinity, the prize pool will remain relatively low. On top of that, there won’t be much diversity when it comes to available opponents. Pro poker players, especially, are affected by the situation, as they don’t always have someone as good as them to compete against.
The concept of shared liquidity is set to remedy that problem, and it targets social games such as online poker. While playing online slots or placing sports bets can be a solitary experience, playing poker requires the involvement of real-life players if you want to have a spectacular gambling session.
Since more and more states join the online gambling market, the industry can greatly benefit from implementing the shared liquidity concept. Now that Pennsylvania joined the party and it is making quite a profit, players will be able to win bigger prizes and enjoy their gambling sessions more than ever before.
Think about it: there are almost 9 million residents in New Jersey, 3.1 million in Nevada, almost 1 million in Delaware, and 12.8 million in Pennsylvania. If you allow players from all those states to participate in the same poker tournaments and events, the prize pool will skyrocket! And if Michigan will legalize online poker in the upcoming year, the numbers will keep rising.
The concept has been adopted by various countries around the world, and the numbers speak for themselves. France, for example, shared revenue data for 2018. It was reported that online poker revenue grew more than 8% once local operators were able to combine player pools with Spain. If the same thing happens in the US, players will be thrilled.
In Conclusion
Since Pennsylvania legalized online poker fairly recently, perhaps it still isn’t ready for shared liquidity. However, in a short while, when the market stabilizes a bit, and when other states will also legalize online poker, the possibilities will be endless!