Quote:
Originally Posted by pokerarb
As a full-time NJ grinder, I feel like I can offer some unique perspective.
Unequivocally, this is a great step for US-regulated online poker. Ultimately, we want massive interstate compacts with as many states on board as possible, to increase liquidity and the size of the market. This recent news is a giant step in that direction - and the only/best news in years - and for the long-run it is great news, no brainer. My personal hope is that movement in surrounding states will spur New York into action. Once some bigger states are in the picture games can only improve.
At the same time, in the short-run, this is going to create some headache. The status quo is comfortable and stable, and no one really knows what these changes will cause (and I'm sure there will be technical issues at launch). Most concerning is WSOP's decision to eliminate HUDs (not because HUDs are necessary to win), because I suspect, functionally, this will be the elimination of the players' ability to save hand histories locally. This creates a multitude of issues, from making it more difficult to multi-table effectively, review hands, keep financial records, and self-police the games. This is what has me awake at night.
In terms of traffic on other NJ sites, I suspect there will be little change. Many recreational players prefer the Borgata or Pokerstars brand and will continue to login there. The professionals will surely oblige.
I have no interest in playing without a HUD. That said, it's not that hard to keep the required records without a tracker.
I have a big spreadsheet for each poker site where I play. I put in the information for every tournament, and everything is automatically totaled. That's as a back-up for me and, if necessary, the IRS. Also, there are some things that a tracker doesn't pick up, such as bonuses and bounties.
My spreadsheets have the following columns:
Date
Tournament Number
Start
End
Hours
Finish Position
Players
Buy-ins
Rebuys
Add-ons
Re-entries
Cashes
Bounties
Bonus
Tournament Profit or Loss
Income Tax Net Wins
Income Tax Net Losses
All I have to do is fill in the boxes at the end of each tournament. It's easy once it's set up.