Raj Kundra Begins International Poker Venture

Bombay is not a fan of poker, saying it is a game without skill. However, people like Raj Kundra are attempting to get India to recognize that the game is worth playing and introducing to more Indian states.

Raj and his wife Shilpa Shetty are a hot Bollywood couple, who have enjoyed a whirlwind romance. Raj has made the news again by announcing his international poker venture. The married couple is also part of the Rajasthan Royals IPL team, having paid $15.4 million to become part owners of the sports team.

The crux of the poker venture is to offer a prize pool of Rs 5, which will be online and internationally available.

How the Idea Began

Raj Kundra enjoys poker. He launched the Match Indian Poker League via his company, Viaan Industries because he loves the game so much. The announcement to bring the online version of the game, which he is going to market internationally is his next step to share his love of poker.

The app is Online Team Poker League or OTPL. It is going to be promoted in places like the UK, US, and Israel. He is also working on other partnerships to bring the game to more people throughout the world. The goal is to make sure the app is ready for launch in July for India and international locations.

Online Team Poker League will have 30 teams with the potential of winning an annual prize of Rs 5 crore. In USD it is 747,000, according to Money Control. Each of the 30 teams will have six players, who will be assigned to various online tables. The games will be held twice a month, with action happening for six hours. When the clock runs out, those who are still at the tables with chips will need to count their winnings, and a total “team” number will determine the monthly leaderboard. At the end of the month, prizes will be provided.

There will also be a tournament per month starting in January through November, once the app is active. Again, teams will top the leaderboard, and at the end of the tournament year, there will be a representative team for India in the World Online Team Poker League.

It is an exciting format, but some skeptics are not a hundred percent sure that the idea will become the next big thing that Kundra hopes.

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