No deposits means no gambling, but Cafrino prize pools do not suffer as a result.
NEW YORK, NY (PRWEB) September 10, 2012
Cafrino, a New York start-up that has designed a legal way to get real-money U.S. poker players back online, has launched and is accepting registrations for their first tournament this Tuesday.
The tournament, which has a cash prize pool of $1,000, has been endorsed by World Series of Poker Champion Michael Linn, and is expected to attract United States online poker players back to the web in droves.
“Thousands of poker players have come out of hibernation to pre-register for Cafrino.com, signalling a shift from the offline world of casinos and neighborhood games back to the web,” Cafrino CEO Jonathan Aiwazian said.
“Since the 2011 U.S. government shut-down of the most popular poker sites for illegal practices, the US has been without a serious online poker presence.”
Aiwazian added: “When Chris Moneymaker won the 2003 World Series of Poker and showed that anyone could learn the game and win, the world was swept up in the magic of poker. Cafrino.com is about answering the public’s call by bringing poker back to the masses in a legal, secure way.”
So what does Cafrino.com do differently from poker sites that have been shut down?
The answer lies in the company’s unique method of generating prize pools for winners. Traditional poker sites use buy-ins for formulating prize pools, in clear violation of U.S. gambling law.
Cafrino.com tournaments, on the other hand, are sponsored, with the winners receiving the lion’s share of accumulated advertising revenue.
Aiwazian explained: “No deposits means no gambling, but Cafrino prize pools do not suffer as a result.”
While Cafrino has announced a $1,000 prize pool for its launch tournament on Tuesday, other tournaments are expected to hit the $5,000, and even $10,000. Games will constantly be running on Cafrino.com from Tuesday’s launch onwards.
Aiwazian added: “Cafrino.com plans to eventually deliver a massive prize of over $1.5 million. A new era in online poker has begun.”
Cafrino asks players who are interested in Tuesday night's tournament, which will be played at 9PM EST, to head over to Cafrino.com and register for the ‘$1,000 Guaranteed Launch Tournament’.