Quote:
Originally Posted by the pleasure
this will never happen but if there were to be another poker boom, then I could see the game getting reset again for a few years just like in 04-07
not to be pessimistic but I honestly see no possible way there will be another poker boom of that sort, or anything close to it for that matter.
The reason the first poker boom happened wasn't solely the fact that an amateur beat out a bunch of pros and won millions of dollars from a $50 satellite. Prior to chris money maker people would play cards at home and occasionally in the casino and whatnot, computers were still somewhat new back then and even if you've heard of online poker the idea would've seemed very foreign to you and you may have had doubts about the legitimacy of these games. Chris money maker was a degen who gambled online and binked the wsop so he sort of 'legitimized' online poker practically saying 'hey look how much money I won from a $50 online deposit'. So all the guys who watched the wsop and already played poker recreationally were like 'why not give online poker a go'. Lets not forget that rounders came out not long before money maker won the wsop. This created a snowball effect where people started talking about poker, online sites gained tons of traffic, there was a demand for televised poker and also this was around the time people began using computers regularly which I'm sure was a contributor in all of this. People who really studied the game became rich overnight, this worked as a great advertisement for online poker. It was all of these perfectly aligned aspects that created a massive boom.
Since then a lot of western countries left the global poker market, just to name a few of the bigger ones; USA, France, Spain, Italy. I remember reading awhile back on twoplustwo that these 4 countries contributed to 47% of all online poker losses. I can't find this thread but iirc it was based off a credible source.
The best chance there is at creating another 'mini-boom' would be if the USA were to rejoin the global market but the US government has no incentive to do so and would prefer to keep the market closed and politicians are taking bribes from guys like Sheldon Abelson who are making sure that it doesn't open up. I don't really follow politics but I'm sure that all the other countries who have a closed poker market operate/think similarly. So its pretty optimistic to even think that this would happen. Another thing to be mentioned is that outside this forum poker is almost irrelevant and the US government doesn't really care much about it as they have a lot more important stuff on the agenda so its like at the very bottom of their priorities. Whats much likelier to happen is that other countries will also 'divide and conquer' closing their markets as well.
I'm not sure whether or not you were speaking theoretically but I do see people in this forum who fantasize about another boom. I hope I'm wrong but I'm a realist and honestly can't see this happening, if there were to be another boom it would be a pebble in a pond compared to the first one.
tldr;
The poker boom got the word out for online poker so everyone who was interested in playing poker online already had the chance to do so. The main demographic during the poker boom were millennials so theoretically if there were to be another significant boom it would mainly target the new generation meaning we'd have to wait 10~ years until there were a fresh crop of fish, the recreational players who get a chance to play poker again would create a small boom but if it was just the US to rejoin it still wouldn't be that significant (maybe expect an extra bb or two/100). Other than that the only new players would really just be the guys who were under 18 pre black friday, so yea we're most likely drawing dead fantasizing about this 'new poker boom'