MadOverPoker – A Change in the Present Scenario of Poker in India

Mon / April / 2018

 

Started with online tournaments and gradually leading to the hosting of events, MadOverPoker provides the poker players with a secured gaming experience. This is a startup that made its way to online poker news with the efforts of founders – Amit Kanoidia, Abhishek Pitti and Avinash Pitti. Founded in the year 2017, August, this gaming site is funded by Bootstrapped.

As Amit Kanoidia opens up with his own experience of the game, he said – love for the game developed when he was in his college days with roommates at IIM Indore. While he was pursuing MBA in finance, this entrepreneur developed an interest in knowing the pitfalls of online gaming. To add to such thoughts came two more person Abhishek Pitti and Avinash Pitti.

Here is what poker players and the founder of MadOverPoker have to say –

 

“We thought rather than becoming a player, why not be the one to make the game of skill accessible to other people sharing the same passion and love. It was an eye-opener as we realized that along with natural management skills, business expertise, and understanding of the poker ecosystem, having a wide network across the globe will make for a good platform which fills up all the gaps currently present in Indian online poker market,”

Poker Rooms and details:

Poker is legal in India except for few states like Telangana, Gujrat, Orissa and Assam. Yet, there is a centralized law for the states that do not have any particular gambling laws and thus poker rooms are legal in India now. Therefore, the trio started with MadOverPoker which has two variants – Omaha and Texas Hold’em. There are various cash games with lowest stakes like – 0.25 INR t0 highest stakes INR 1000. There are free entry games and tournaments for players to increase their bankroll without much to invest.

What does the platform offer?

The site offers its players with the following games:
1. Madhouse – 1000x ratio on the entry fee.
2. Sunday Blast series – one-day series.
3. Bankroll challenges – fivefold bonus is distributed on the amount deposited.
There is an option for players to either choose real or play money. The amounts deposited can be withdrawn without much hassle which makes the site popular among the players. The account details and personal information provided on the site is kept secure and safe.

Challenges faced:

In India poker is considered as a game of chance that the game of skill, which makes it difficult to out rule the prejudice. But this did not stop the site from having more than 25,000 registered users. Amit is quoted saying –

“All these challenges were encountered in the early days of MadOverPoker as well, but a clear vision, industry knowledge and understanding of customers in the market has helped MadOverPoker capitalize on its hand,”

 

Though there are various people and a mass that feels poker is nothing but gambling, MadOverPoker is legalized site says Amit again.

“Playing poker on MadOverPoker is legally permissible in India, and is compliant with the laws. We have maintained tax deducted at source policies as per government guidelines and our personnel have the skills and exposure to handle compliance norms and better the product, without sacrificing one for the other.”

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