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So much pessimism ITT.
What made poker blow up in 2003? ESPN took it mainstream, sold the "any man" story of Moneymaker beating a field of pros and turning $50 into $5million. Rounders played on loop for a million college freshmen.
I think you'll see a lot of the same things happen. There's too much $$$ in legalizing and regulating (and taxing) poker in the US for them to keep it on the shelf.
Once it's convenient and safe, the demand will return and you'll see Twitch and sites like it inspire a new generation of players. (Also possible/likely that it's the other way around, that sites like Twitch will inspire demand, which will finally get to the lawmakers, who then make it convenient and safe to play)
Koppelman will drop Rounders 2 and hopefully it won't suck. Cycle complete.
It's not like poker was invented in 2003 -- it's been around a long time. It's still here, Black Friday was just a setback.
In 2003 the poker market was highly inefficient. Even the best players were making massive mistakes without even realizing it. Plenty of fish could come into the game and play against other fish and even beat regs with an okay frequency. The dead money would flow around the poker economy, fish would redeposit because they had fun and had memories of running up a big bankroll that one time.
Fast forward to 2015 and the poker market is a highly efficient well oiled machine. Sure people still make mistakes, but even the fish dont spew anywhere near as much as they used to. Regs hoover up any fish money as soon as it is deposited and weak new players probably never get a chance to play somebody worse than them. I'd bet a lot of money that the number of people making a 2nd/3rd/4th deposit is way down on what it used to be, mainly because losing your money straight away to TAG players is no fun at all.
The health of the 2003 poker economy was not just based on there being lots of fish, it was based on the fish having enough fun that they kept the money coming.
It's not dead yet, but then end can only be slowed.