Quote:
Originally Posted by TiltedK9
So yeah, if you live in one of those 6 states and you go bust, you are pretty much screwed unless you can win some free promo or something and grind it up/get money dumped to you.
Also, I believe 3 of those states have legal online poker, so it's a good trade off.
I'm not really sure why you think online poker is almost over.
It's a double edged sword. Because the legal sites follow regulations (that restrict them,) because some banks are still making it difficult to deposit, because the market is young/the competition sucks and because of the relatively small player pool, I like Bovada and WPN better than Borgata/Party (haven't tried UP yet, but I'm going to soon.)
On the other hand, I've heard the games are dumb soft (but from lower stakes players than I'm interested in) and I've played on Borgata, and freerolled entry into the Borgata Poker Open. These types of perks are great, but their not all that. It's nice to be able to win entries into a local(ish) Live tournament, and freeroll other similar stuff that happen at these casinos, but let's be real, that's not a smart trade off for more profitable games.
What I'm saying is that, from what I can tell, the unregulated market is more profitable than the NJ market. If I had busted my roll, maybe I would rather be in a state that didn't regulate it at the moment. (I haven't really given NJ sites a huge chance yet, b/c I won't play WSOP until they fix some huge problems I have with the online part of the brand.) Maybe this is a largely a liquidity issue.
Luckily, I think once we get player pools combined among states and once we have PokerStars in the market, things COULD get better. There's also a possibility insane regulations will screw it all up, but we'll see.
But no, online poker isn't dead. There's so little incentive for any government agency to do anything about it I'd say anyone who thinks that it's all over is an alarmist if they don't have any really compelling information.