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View: Online poker is as hard as it is ever going to be View: Online poker is as hard as it is ever going to be

02-01-2017 , 10:26 PM
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
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02-01-2017 , 11:01 PM
What the Poker landscape really needs is more street poker . . .


"And this is what street poker is all about. I understand that I've just jumped from my metaphor of Batman to talkin about the streets, but Batman wears Black and black people ARE black, so it's really not that different." -MagicNinja

http://forumserver.twoplustwo.com/19...-poker-394442/
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02-01-2017 , 11:38 PM
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'
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02-02-2017 , 10:20 AM
Quote:
Originally Posted by GrindBox
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'
agreed. the problem with poker is now the reg:fun player ratio is way too high. all of the good players from the poker boom are still around(mostly). thats a lot of really good 26-34 year olds in the game. a disproportionately large number then the amount added by new players to the game. once those people die off or get too old to play then the reg:fun player ratio will approach something more incentivizing for new players and a better equilibrium will be reached. bad players will stay around for longer. over the next 20-30 years i think poker will slowly become easier.
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02-02-2017 , 11:50 AM
Quote:
Originally Posted by Rich Checkmaker
agreed. the problem with poker is now the reg:fun player ratio is way too high. all of the good players from the poker boom are still around(mostly). thats a lot of really good 26-34 year olds in the game. a disproportionately large number then the amount added by new players to the game. once those people die off or get too old to play then the reg:fun player ratio will approach something more incentivizing for new players and a better equilibrium will be reached. bad players will stay around for longer. over the next 20-30 years i think poker will slowly become easier.
this nails it, get rid of the people who thought this was suppose to a life career and not to mention all the software or backers or stables or teams or sweaters or colluders or multiaccounting or whatever they need to survive.
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02-02-2017 , 12:08 PM
Quote:
Originally Posted by SootedPowa
Humans evolve, become better at everything and more intelligent. .
I totally agree... Donald Trump > Abe Lincoln ..JaVale Mcgee > Bill Russell..I can go on and on and on and on and on.
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02-02-2017 , 12:40 PM
Not true
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02-02-2017 , 01:07 PM
Quote:
Originally Posted by Rich Checkmaker
over the next 20-30 years i think poker will slowly become easier.
With how things are trending I doubt that. Players are constantly getting better by studying using multitude of programs, also while discussing hands all the time. This alone will make it so poker will be harder every year, by what degree that is yet to be seen. That being said in 20-30 years it may be more profitable, but I doubt that one too.
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02-03-2017 , 12:46 AM
Quote:
Originally Posted by OutTaGetMe
this nails it, get rid of the people who thought this was suppose to a life career and not to mention all the software or backers or stables or teams or sweaters or colluders or multiaccounting or whatever they need to survive.
whats wrong with wanting to play poker full time.? Doing something you enjoy for a living, nothing wrong with that.
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02-03-2017 , 12:20 PM
Quote:
Originally Posted by GrindBox
whats wrong with wanting to play poker full time.? Doing something you enjoy for a living, nothing wrong with that.
yeah I dont understand the problem with that either, but however the other stuff ghosting and multiaccounting that stuff is ridiculous
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02-03-2017 , 12:30 PM
Ive been playing full time for the past 2 years and worked hard to get here and its stressful af so kinda tilts me when someone says something like that, just cause you cant do it doesn't mean it should be taken from others
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02-03-2017 , 09:44 PM
Quote:
Originally Posted by istack_u5
With how things are trending I doubt that. Players are constantly getting better by studying using multitude of programs, also while discussing hands all the time. This alone will make it so poker will be harder every year, by what degree that is yet to be seen. That being said in 20-30 years it may be more profitable, but I doubt that one too.
did you read my whole post??? im saying the poker boom generated a very large number of very good players that in todays era would go into other fields of work. so todays poker games are populated with a higher reg:fun player ratio than we see entering the game. once these people leave the poker ecosystem thru aging poker will become easier. i think in ten years you will see poker start to become easier.

Quote:
Originally Posted by Texas Boredem
I totally agree... Donald Trump > Abe Lincoln ..JaVale Mcgee > Bill Russell..I can go on and on and on and on and on.
two examples dont prove your point nor does a thousand examples. you could just as easily point to Bill Clinton being a member of MENSA> Gerald Ford. however i do think as a whole our species is getting less intelligent. moving away from small tribal communities to larger communities has allowed lower intelligence individuals to be more successful at reproducing with other morons. also intelligence has less affect on a persons ability to survive into adulthood in todays day and age. intelligent people generally wait longer and have less children. like in idiocracy. might be some divergence like morlocks and eloi from HG Wells "The Time Machine" in the future.

Quote:
Originally Posted by OutTaGetMe
this nails it, get rid of the people who thought this was suppose to a life career and not to mention all the software or backers or stables or teams or sweaters or colluders or multiaccounting or whatever they need to survive.
i dont think that trying to be a professional poker player is a bad thing.
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02-04-2017 , 06:42 AM
I think another thing to look at is how the spirit of the game has changed over time. In the past it use to be more of a social/fun thing. You can play good or be a complete gambler and people wouldn't judge you... as much. Now it is more of an anti-social/negative environment. If you play badly people will scold/laugh at you. There is a social pressure to "play correctly".

People play to win now. They don't play for fun as much.

The games will not get easier. Eventually I don't think the game will be beatable anymore. Technology is advancing rapidly. People discuss solvers now which wasn't even a thing a couple years ago. More software will be available that allows you to think less and less until the game is basically played for you.

If you haven't noticed, poker is drying up because regs are realizing that they are just passing money around and making minimal profits... Obviously there are some exceptionally gifted players that are making a killing, but this is a very small percent.

If you are thinking about the future then perhaps Omaha is a decent alternative. However, that won't last forever either and that will become unbeatable too.

As for another poker boom, I don't think that is going to happen. Seems like an unrealistically optimistic view of the future.

The days of the profitable gambler is numbered. Mark my words.
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