Quote:
Originally Posted by JWPapi
Im srs.
We are obviously on a not ending downward spirale. To say it in poker knowledge.. Its less and less eV to invest in Poker knowledge. We dont even see a stagnation. Poker is half as popular as it was 2012 If we keep decreasing in this speed there will not be much action in the next time.
What could we do as a community to make poker cool again?
Are there any hopes that could help to make it more popular?
What could the Pokerrooms do to make Poker more popular again?
Lets have a discussion.
I believe that online poker is a scam because 90% of online poker players lose and most of the money lost is raked. Yet players are made believe that online poker is a skill game.
Poker overall is popular enough. If you look at the live scene it is clearly visible that poker is not really going down. The WSOP as well as poker rooms all over the world are not declining but staying flat. On the East Cost live poker has been growing with the addition of tons of poker rooms.
The problem is with online poker in particular. So all the poker industry has to do is make online poker a poker game again. I.e. change the game from being a slot machine to becoming a skill game. Online poker sites have distorted the game to make it like a slot machine.
Currently all the legalization effort are designed in protecting monopolies that then get exploit the game. This is particularly true in the US.
The problem is not with the players or people being interested in the game its that the game is scam and people realize they can't win and then quit. They tend to think the players a scamming them which is wrong but in the end they are still being scammed, just legally and not in a way they understand. So they play live or quit.
Hence we have a thriving live poker scene and online not so much.
At some point poker will be disrupted by either some company coming up with a business model that works or by decentralized poker.
My guess is that effective rake (= the difference between wins and losses) today is around 80% for cash games. I think a healthy effective rake would be somewhere around 20%.
Until then, I play poker live (because the effective rake there is roughly 30% ). I am also pretty sure that as soon as we have a poker site thats run well and comes up with a model that creates a healthy effective rake we will have a boom automatically.