Quote:
Originally Posted by Scansion
Consider the following hypothetical: there is a poker site that offers infinite tables of 5/10 HU NL- nothing else. For a while there are a solid amount of games running, but slowly the poker economy dies. There are less fish running around, and regs start game selecting more. Eventually more and more players bumhunt, and the games start dying off.
A discussion on the forums ensues, and players suggest the unique idea of introducing lower stakes tables, perhaps 3/6 and 2/4. Some go so far as to say there should be heads up tables down to maybe 25c/50c. They argue that more action would be created, and it would be good for the games. There aren't enough fish with thousands of dollars to throw around, but perhaps a decent amount still have hundreds of dollars. The sites could charge a lower rake on these new low stakes games perhaps, and do better for themselves as well.
A couple of forum members argue against these new low stakes games, saying that the poker economy is dying and what's really needed is an influx of fish to stimulate the 5/10 poker economy. Adding lower stakes tables is just "meddling with the system", and if there isn't a surge in fish, the games will slowly continue to die anyway.
Should the lower stakes games be added?
There's many problems with this analogy though. In the 5/10 poker economy you outline, the fish supply is being choked off by constraints on the availability of games fish can afford to play. It assumes there is sufficient demand and supply not being utilized due to a lack of options through the site. It's also in a vacuum and not including the key problems involved here.
In the current state of the games, the supply of fish is being outstripped by the supply of regs, while the demand (interest) in poker is not keeping pace to support growth. For your analogy to follow, it would mean we must believe the reason for this trend is due to some qualitative feature of the site that's choking off the fish supply, given that there are no barriers in stakes or game types. Sure, this is hypothetically possible that if we tinker with a few changes we can restart the cycle.
I find the other arguments, however, having to do with the impact of legislation, the progressive stages of an ecosystem/market, and the top down parasitic structure of the poker economy, to be far more realistic. That's not say to say I have anything morally against poker (I don't at all), but the reality is that it's a negative sum game that requires many to lose, in order for a few to win. So when taking this in account, it becomes apparent that as the # of individuals deciding to make money at the game increases, as rake increases, and the amount of money players are making increases, the amount of NEW money entering the system to support this has to increase exponentially.
I hate to draw the comparison, since it's clearly quite different in nature, but it's structured in similar fashion to a pyramid scheme. As the % of people making money grows, and the amounts they are making increases, it exerts pressure on the sustainability of the system, requiring the food at the bottom of the pyramid used for feeding to grow massively. We have reached the point where not enough money is flowing into poker to feed the growing number of pros, at the growing stakes available online.
To believe the current dilapidated state of the games is due to the poker sites having not implemented the right features is wishful thinking. I mean, your hypothetical is comparing a site with 5/10nl as it's lowest game, to poker sites that came up with rush poker, offer every form of poker you can imagine, and spend millions as it is trying to improve the poker playing experience for their customers. It's not that they're failing, it's that the forces they are fighting are much bigger than a few settings in a poker lobby.