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Coronavirus has caused the postponement of the WSOP 2020! (Coronavirus quarantine thread) Coronavirus has caused the postponement of the WSOP 2020! (Coronavirus quarantine thread)
View Poll Results: Will the Corona Virus will alter their plans to attend WSOP this Summer (if it's not canceled)
Never planned on attending.
177 32.48%
Definitely wont attend.
112 20.55%
Probably wont attend.
93 17.06%
Probably will attend.
71 13.03%
Definitely will attend.
92 16.88%

03-21-2020 , 09:31 AM
Quote:
Originally Posted by Morph's hair
German's stock up on sausages and cheese. It's the "Wurst-Käse scenario".

deserves some meaty, cheesy love!
03-21-2020 , 09:39 AM
Quote:
Originally Posted by sixfour
Korea tested the hell out of everyone
not at all accurate

Quote:
Originally Posted by sixfour
Italy is old
More accurate than the above statement, but still not likely the major cause of the serious issues in Italy.
03-21-2020 , 09:42 AM
Quote:
Originally Posted by Bobo Fett
Has it occurred to you that the problem is highly unlikely, unless everyone decides to use your solution? One step beyond a solution in search of a problem - it's a solution that creates the problem!
It has nothing to do with my "solution", it is just common sense to stock up with supplies and even more so when 75% of other people have already done it before you.

In situations like this you need to be extremely proactive, if you are not then you put yourself in danger of being trampled over, figuratively speaking.

You also haven't addressed a key point that I made which is that increased purchasing stimulates increased production, and at a time where the supply chain hasn't yet been affected, so many producers of food and personal care products are available to increase production.

Additionally, in the same way some governments are talking to engineering companies about quickly producing ventilators, any sensible government will also be talking to other industry and urging them to increase production of food and personal care goods and perhaps of other essential goods or appliances.

It wouldn't surprise me either if some governments are themselves stock piling or attempting to stock pile such things as medicines, gloves, face masks, protective suits, birth control pills, condoms, vitamins and various other things that if their country / various countries go into full "war mode" will become very scarce, so that on a rationing basis there will at least be some supply available to the public, because unlike you any sensible government will be looking at the whole range of possible scenarios and they will be referencing and studying what has happened in the not so very distant past, e.g. in the Balkans in the 1990s and in WWII.

Obviously any possible forthcoming war mode is not a military, ethnic or ideological war but economically many of the same effects will be felt as in either or both of those wars.

Thank God someone like you isn't taking major decisions in government because you would get run over by events with your apparent wait and see, it might be okay approach.

Yes it may well be okay, but that approach is not the right way to assess risk, you have to look at the full spectrum of possibilities and plan for them and while governments outwardly may appear calm and are telling the public to be calm I can confidently assure you that they are not calm, they are in a controlled 24/7 panic, because they are experienced people with many expert and skilled advisors behind them, many of whom will be doing 10 times more doomsday scenario analysis than I am doing on this thread.

Last edited by Mikey_D; 03-21-2020 at 09:49 AM.
03-21-2020 , 09:44 AM
italy’s healthcare may be worse, its population is also eating a worse diet than south korea, this could impact blood pressure and chronic diseases prevalence
03-21-2020 , 09:59 AM
Quote:
Originally Posted by akashenk
More accurate than the above statement, but still not likely the major cause of the serious issues in Italy.
There were reports the day before yesterday that 99% of the deceased in Italy suffered from either high blood pressure, diabetes or chronic heart/lung conditions. The report traced back to an official document as far as I could tell, but I don't speak Italian so I couldn't decipher the original source myself.
03-21-2020 , 09:59 AM
These measures are already in place in the UK and to underline my earlier point about the government very likely speaking to the food industry to urge them to increase production I have emboldened the relevant part.

The Covid-19 situation developed rapidly during the late afternoon and evening of 19th March. Here are the updates that we feel are most relevant to you and your organisation.

Bank Rate

The Bank of England has cut the base rate from 0.25% to 0.1%.

Emergency Legislation

The Government has now published its Coronavirus Emergency 2020 Bill. It gives the Government sweeping powers to take emergency action without having to spend a great deal of time taking individual Bills through Parliament. It is important to remember that the powers will only be used as or when each of them becomes necessary; it’s not a blanket scrappage of civil liberties and any aspect can be challenged under Judicial Review (e.g. challenging something in Court). This Bill has cross-Party support so it’s not something that will cause a Party political battle.

Here’s a summary of the main points:
The Government believes the new legislation is vital to tackle the public health crisis caused by Covid-19 and will be time-limited for two years and cover areas such as the NHS, social care, schools, police, Border Force, local Councils, funerals and Courts. As well as enhancing powers for Government, the legislation will also scrap existing regulations in some areas should public services suffer mass staff shortages. Not all the measures will come into force immediately and they can be ‘switched off’ if they are no longer necessary.

Health Secretary Matt Hancock said that the new powers "will only be used when it is absolutely necessary and must be timed to maximise their effectiveness. Crucially they give the Government the powers it needs to protect lives," he added.

In order to ensure the UK's border security, Home Secretary Priti Patel will be given the power to request ports and airports temporarily to close and suspend operations if there is a shortage of Border Force staff. Police and immigration officers will also be given the power to detain a person and quarantine them if they are, or might be, infectious.

In other measures, the legislation will allow:

- Recently-retired doctors or medical students to be registered as regulated healthcare professionals, in order to boost the number of NHS staff;
- Social workers who have recently left the profession to be temporarily added to registers;
- Workers to be able to take ‘emergency volunteer leave’ for up to four weeks, with a compensation fund to be established to cover their loss of earnings and expenses;
- Just one doctor's opinion, rather than the current two, to be used to detain and treat patients for a mental health disorder;
- Schools and children's nurseries to be forced to close - or forced to stay open, as well as the relaxation of some requirements such as maximum class sizes;
- The greater use of video and audio link in Courts;
- The temporary appointment of Judicial Commissioners, who authorise warrants under anti-terror laws, should there be a shortage;
- The Government to have the power to restrict or ban any events or gatherings;
- The removal of some bureaucracy surrounding funerals and cremations, including expanding the list of people who can register a death to include funeral directors acting on behalf of the family;
- Local Councils to directly take over the management of deaths, if it becomes likely the number of people who might die from Coronavirus is likely to significantly exceed the capacity locally to manage the deceased;
The food industry to be forced to provide information about food supplies.

The Bill will also allow the Government to bring in its planned action to temporarily suspend the rule that means statutory sick pay is not paid for the first three days of work missed, in a measure that will be backdated to 13 March 2020.

It will also confirm the postponement of Local and Mayoral elections to 2021.

In separate Government action, Housing, Communities and Local Government Secretary Robert Jenrick has announced the relaxation of planning rules to allow all pubs, restaurants and cafes to be able to offer takeaway and delivery services if they wish.

Here’s a link to the more detailed and comprehensive explanation on the Government website: https://www.gov.uk/government/public...ary-of-impacts

Definition of ‘Key Workers’ in relation to schools

In our previous Bulletin we said that the Government would publish a list of ‘Key Workers’ whose children would still be able to attend school following the general closure that starts on Monday. We have now received this list, which has been separated into eight categories:

1. Health and social care
Includes frontline health and social care staff - such as doctors, nurses, midwives, paramedics, as well as support and specialist staff in the health and social care sector. In addition, those working in supply chains, including producers and distributors of medicines and personal protective equipment are included.

2. Education and childcare
Includes nursery, teaching staff and social workers, as the Education Department said these workers are required to deliver their plans.

3. Key public services
Those required to run the justice system, religious staff, as well as those responsible for managing the deceased and journalists providing public service broadcasting are on the list.

4. Local and National Government
The list "only includes administrative occupations essential to the effective delivery of the COVID-19 response or delivering essential public services", including payment of benefits.

5. Food and other necessary goods
Includes those involved in the production, processing, distribution, sale and delivery of food.

6. Public safety and national security
Police, support staff, Ministry of Defence civilian staff and armed forces personnel are on the list, along with fire and rescue staff, as well as those responsible for border security, prison and probation staff.

7. Transport
Includes those who will keep "air, water, road and rail passenger and freight transport modes operating during the COVID-19 response".

8. Utilities, communication and financial services
Staff required to keep oil, gas, electricity, water and sewerage operations running are on the list, along with those in the civil nuclear, chemical and telecommunications sectors. Those in postal services and working to provide essential financial services provision are also included.

Supplementary information

The parents of vulnerable children are the other group of people allowed to continue sending their children to school. The Government says this group will include those who have a social worker and those with Education, Health and Care Plans - a legal document that describes a child's special educational needs and the support they require.

Most schools in England will shut their gates on Friday 20th March until further notice, as will nurseries, colleges and childminders. Special schools are to remain open during the closures, while educational settings will continue to cater for vulnerable children and pupils whose parents are Key Workers.

Tenants, Tenancies & Eviction

The Government has changed the law to give security to Tenants who might have been under threat of eviction by Landlords using a ‘Section 21’ notice. This notice could have been used by a Landlord to evict a tenant in one of two situations:
after a fixed term tenancy ends - if there’s a written contract during a tenancy with no fixed end date - known as a ‘periodic’ tenancy
Tenants will now have the automatic right to a minimum extension of 3 months – and the Government will review this further as the Covid-19 situation develops.
03-21-2020 , 10:10 AM
To get back to the initial topic of this thread for a second, what’s the market on WSOP postponement/cancellation right now?

I have a couple bets on it and somebody just offered to settle at him paying 80%. I declined that and was thinking about asking for at least 90%. Would that be greedy and I should meet in the middle at 85% or was 80% actually a fair offer?
03-21-2020 , 10:15 AM
Quote:
Originally Posted by SalmoTrutta
There were reports the day before yesterday that 99% of the deceased in Italy suffered from either high blood pressure, diabetes or chronic heart/lung conditions. The report traced back to an official document as far as I could tell, but I don't speak Italian so I couldn't decipher the original source myself.
How much of that is due to them selecting against people with conditions such as those when choosing who dies?
03-21-2020 , 10:19 AM
Quote:
Originally Posted by Xenoblade
italy’s healthcare may be worse, its population is also eating a worse diet than south korea, this could impact blood pressure and chronic diseases prevalence
You think all Italians eat is the slop they serve in stereotyped restaurants? Heard of the Mediterranean diet? How do you even get one of the oldest populations in the first place? I've seen multiple reports saying their health care system is actually advanced which is the scary part
03-21-2020 , 10:23 AM
Quote:
Originally Posted by madlex
To get back to the initial topic of this thread for a second, what’s the market on WSOP postponement/cancellation right now?

I have a couple bets on it and somebody just offered to settle at him paying 80%. I declined that and was thinking about asking for at least 90%. Would that be greedy and I should meet in the middle at 85% or was 80% actually a fair offer?
Take what you can now; it's not happening. Expect a cancelation notice in abt 4 weeks
03-21-2020 , 10:27 AM
Quote:
Originally Posted by madlex
To get back to the initial topic of this thread for a second, what’s the market on WSOP postponement/cancellation right now?

I have a couple bets on it and somebody just offered to settle at him paying 80%. I declined that and was thinking about asking for at least 90%. Would that be greedy and I should meet in the middle at 85% or was 80% actually a fair offer?
I would get out of all of it at 80% because although 90% or maybe 95% is fair value, it is worth giving up 12.5% to avoid any settlement disputes for if some kind of scaled down live WSOP takes place in July, or something like that.

Plus if you settle now and hopefully get paid now or fairly quickly you avoid/greatly reduce the risk of I assume A Poker Player(s) (see Joan Rivers' characterization) busting their roll between now and June/July or becoming poor due to the general economic downturn most people are going through now.

Take the money.
03-21-2020 , 10:29 AM
Quote:
Originally Posted by nutella virus
You think all Italians eat is the slop they serve in stereotyped restaurants?
No, that's what we eat (Americans). Just like a Chinese Buffet........they don't eat that in China.
03-21-2020 , 10:33 AM
It's not about wsop anymore that's obviously not happening. But poker in general may never be the same after this.

Middle class is getting destroyed. Millions losing their jobs, thousands of small businesses are going to close. The whole country is about to be in a financial mess. A lot of people are not going to have nay money for poker after this, and probably won't for a while.

And a lot of poker "pros" who have no where to play are going to try and transition to online and end up losing their entire rolls on scam offshore sites.

Even if rooms start opening in a few months it's going to take years for poker to get back to what it was pre pandemic
03-21-2020 , 10:41 AM
Quote:
Originally Posted by Boss716
It's not about wsop anymore that's obviously not happening. But poker in general may never be the same after this.

Middle class is getting destroyed. Millions losing their jobs, thousands of small businesses are going to close. The whole country is about to be in a financial mess. A lot of people are not going to have nay money for poker after this, and probably won't for a while.

And a lot of poker "pros" who have no where to play are going to try and transition to online and end up losing their entire rolls on scam offshore sites.

Even if rooms start opening in a few months it's going to take years for poker to get back to what it was pre pandemic
I'll bet whatever anyone wants what you said is untrue about the future of LA live games. People were degening hard as ever right up until the shutdowns of casinos here. There is plenty of recreational and/or rich money here. Poker is going to be just fine. And those "scam offshore sites" you refer to are bustling with business and some have operating for a very long time.
03-21-2020 , 11:15 AM
Quote:
Originally Posted by nutella virus
You think all Italians eat is the slop they serve in stereotyped restaurants? Heard of the Mediterranean diet? How do you even get one of the oldest populations in the first place? I've seen multiple reports saying their health care system is actually advanced which is the scary part
that would be extremely naive to think the majority of italians eat the mediterranean diet
03-21-2020 , 11:20 AM
Lets pretend that casinos and poker rooms get opened back up in 60 days. Would they go back to 9 handed tables, full blackjack tables, etc.? Or would everything be highly restrictive for another 6 months plus?

Or back to normal until it hits us again in November and then restrictions start again and go to closures again if it gets really bad again.
03-21-2020 , 11:26 AM
I personally wouldn't play any live poker until the vaccine is out but maybe I'm being overly cautious
03-21-2020 , 11:31 AM
Quote:
Originally Posted by Xenoblade
I personally wouldn't play any live poker until the vaccine is out but maybe I'm being overly cautious
Another reason live poker won't be the same for a while. Even when places reopen a lot of people are still going to be cautious, less willing to travel etc.
03-21-2020 , 11:32 AM
Quote:
Originally Posted by parisron
Lets pretend that casinos and poker rooms get opened back up in 60 days. Would they go back to 9 handed tables, full blackjack tables, etc.? Or would everything be highly restrictive for another 6 months plus?

Or back to normal until it hits us again in November and then restrictions start again and go to closures again if it gets really bad again.
Hopefully this will cause the end of 10 handed poker.
03-21-2020 , 11:32 AM
Quote:
Originally Posted by sixfour
Korea tested the hell out of everyone, Italy is old
While absolutely true these factors are minor compared to the major reason for massive difference in fatality rate. Long story short, when you breach the critical care capacity of a region the death rate goes through the roof. Many people die simply because there aren't enough ventilators to go round.
03-21-2020 , 12:27 PM
Quote:
Originally Posted by parisron
Lets pretend that casinos and poker rooms get opened back up in 60 days. Would they go back to 9 handed tables, full blackjack tables, etc.? Or would everything be highly restrictive for another 6 months plus?

Or back to normal until it hits us again in November and then restrictions start again and go to closures again if it gets really bad again.
The time frames you mention are as speculative as any, but I assume it will not be a situation where everything is shut down one day and completely open the next. There will be a gradual ramp up of life back to normal, or as normal as it will be after this crisis (sort of like how things changed after 9-11).

If the virus does rear its ugly head again in 9 months, I think the world will be far better prepared to handle it from a medical standpoint, so I would doubt very much we would see anything like the sort of effects and counter-measures we are seeing now.
03-21-2020 , 12:59 PM
Quote:
Originally Posted by madlex
To get back to the initial topic of this thread for a second, what’s the market on WSOP postponement/cancellation right now?

I have a couple bets on it and somebody just offered to settle at him paying 80%. I declined that and was thinking about asking for at least 90%. Would that be greedy and I should meet in the middle at 85% or was 80% actually a fair offer?
You can shear a sheep many times, but you can only kill it once.

Collect what you think is your highest settlement value to be agreeable to the other guy.
03-21-2020 , 01:02 PM
Quote:
Originally Posted by Xenoblade
I personally wouldn't play any live poker until the vaccine is out but maybe I'm being overly cautious
The games are going to be great because you'll just have people who are bad at risk assessment in them.
03-21-2020 , 01:04 PM
Quote:
Originally Posted by BDHarrison
The games are going to be great because you'll just have people who are bad at risk assessment in them.
"Great" enough to balance out the risk undertaken by sitting in one ?

How would the relative risk appear to you comparing sitting in one of those live games versus playing online ? What marginal rate of return would you need to see to get you to sit in a live game under whatever circumstances you want to assume ?
03-21-2020 , 01:09 PM
Quote:
Originally Posted by sixfour
Korea tested the hell out of everyone, Italy is old
Quote:
Originally Posted by MilkMan
While absolutely true these factors are minor compared to the major reason for massive difference in fatality rate. Long story short, when you breach the critical care capacity of a region the death rate goes through the roof. Many people die simply because there aren't enough ventilators to go round.
Also, Italy has performed 200K+ tests as of a day or two ago. S. Koreak 300K+...

https://ourworldindata.org/covid-testing

testing does not explain why the situation in Italy is much worse than S. Korea.

      
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