Return of Investments and the Impact of Regulations on Poker Market

This bachelor work deals with analyzing of card game Poker, specifically its version Texas hold´em no limit. The theoretical part shows basic rules, mathematical and statistical indicators applied in the poker.This part defines the most important poker terms and concepts and especially helps to understand the practical part. Firstly the practical part deals with affiliation regulations and the impact on the economic situation of the player, secondly it deals with state regulations and the impact on the poker market. Playing field was divided into two groups, then was detected frequency of games against these groups into two periods. It was further examinated, if exists a difference between the game against professional and recrenational players, verified by statistical hypothesis testing. Economical indicator EV and ROI was used for following part to compare different results of the player PokerPro for each of the periods. In the last section of the practical part was created a prediction, which examinated the impact of the changes in the gambling law on the taxes, which should be payed to the state budget. The prediction was made on particular situation