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Is the Trump Economy Good for Poker? Is the Trump Economy Good for Poker?

02-07-2018 , 06:07 PM
Quote:
Originally Posted by Howard Beale
Yeah, sure. You know what happens when a player has a heart attack and keels over at the table? The other players get ticked off that the game's been stopped or they step right over the person on their way back from the rest room. A bunch of whiny, self-entitled and ruthless people - when away from the game - are suddenly holier than thou angelic humanitarians.

Look: Just bec Mason said to re-think your hatred of Trump doesn't mean that you have to go off the rails and tell a successful business man that he's stupid bec he could've been more successful by going against his lawyer's advice or call him a racist or ask if he's in favor of nuclear war or any of these stupidities that this crew always comes up with.

Mason made the mistake of saying something uncontroversial and adding that last bit about Trump without which this thread would've had a few posts, the mod would've shook his head bec he can't nuke the thing, and done. But, no, the people won't have it and Mason must be destroyed.

Some of you ppl ought to patrol the strat threads w/ their racial, ethnic and gender stereotyping while you're on your pedestal, that's what I think.
tldr obviously but what do you think about the fact that he supports the party that passed UIGEA? also you seem mad bro be less mad k thnx
02-07-2018 , 07:38 PM
Quote:
Originally Posted by TiltedDonkey
tldr obviously but what do you think about the fact that he supports the party that passed UIGEA? also you seem mad bro be less mad k thnx
You didn't read it? I go to all the trouble to make quality posts every time and you don't read them? That's just not right, brother, not right at all. Anyway I don't really care what party Mason supports and I'm certainly not mad. I am, in fact, a jolly fellow, the life of the party for real.

Here's my critique of Mason's OP, fwiw. He says that if a poker player has a low opinion of Trump, that he's a dimwitted, narcissistic, brash, unqualified, self-worshipping believer of idiocies of his own making and laughed at and manipulated by the rest of the world and that THIS time a single person might actually seriously harm the USA then he should consider re-thinking that position bec the player will make some amount of money. I wouldn't change my mind as regards that orange clown for any amount of money.

Then, again, it's said that everyone has their price so I'll back off on that last part a bit.
02-08-2018 , 12:11 AM
Whether or not the trump economy is good for poker is dwarfed in importance by whether or not people want to play poker. In the modern economy i expect poker will be replaced by other more "fun" distractions.

Nevertheless I suspect unmitigated capitalism is bad for the market in the long run. capitalism is only good in so far as it serves peoples ability to be productive and happy. It is unquestionable that free markets are better than what we had before 1950's. but free markets as a religion paves the road for facism in america more than moderation and satisfactory outcomes for individuals. We had free markets 100 years ago. trading was slower then but i believe comparable to todays golden age of free markets.
02-08-2018 , 12:53 AM
Quote:
Originally Posted by kickabuck
Mason, you're hard wired for trickle down, it's all theory/guesswork after all, fair enough. As such it's quite easy to be in denial as to the extent Republicans hurt all poker players with the surreptitious UIGEA process.

Your Republican Trickle-Down team has Sheldon Adelson as captain. You should know this, they regularly pay fealty in Vegas during election season, and are rewarded to the tune of hundreds of millions of dollars. And together they continually strive to financially harm you, your family, and your charity to enrich themselves(congressman by keeping their jobs, and Sheldon by keeping out the competition). How about spending time opining in your magazine about the scumbags in charge actively hurting your readers for their own personal gain; maybe rethinking your predilictions that gave you this lousy article idea and not soliciting musings from your readers on the wonders of Trump for poker.
Quote:
Originally Posted by Mason Malmuth
Actually I'm not wired for trickle down at all and question whether it even exists. But what does in my opinion clearly exist is "pull up."

As a specific example, one of the reasons I was able to start a successful publishing company over 30 years ago was the fact that there were computer programs like Microsoft Word and Word Perfect which allowed me to do certain types of work which only a few years earlier I wouldn't have been able to afford. So were these programs part of the trickle down process or did they allow myself at a relatively small expense to pull up.

MM
Aaaand Adelson is completely ignored. The top Republican donor next to the Kochs is diametrically opposed to online poker. No possible defense, so just skip it.
02-08-2018 , 12:38 PM
Quote:
Originally Posted by Howard Beale
I'm the last person that needs a safe space. What I'd like is civil, reasoned discourse
???

Quote:
Originally Posted by Howard Beale
You didn't read it? I go to all the trouble to make quality posts every time and you don't read them? That's just not right, brother, not right at all. Anyway I don't really care what party Mason supports and I'm certainly not mad. I am, in fact, a jolly fellow, the life of the party for real.

Here's my critique of Mason's OP, fwiw. He says that if a poker player has a low opinion of Trump, that he's a dimwitted, narcissistic, brash, unqualified, self-worshipping believer of idiocies of his own making and laughed at and manipulated by the rest of the world and that THIS time a single person might actually seriously harm the USA then he should consider re-thinking that position bec the player will make some amount of money. I wouldn't change my mind as regards that orange clown for any amount of money.

Then, again, it's said that everyone has their price so I'll back off on that last part a bit.
Unfortunately, I actually did read it. You came in here, upset that people were personally attacking Mason, to post the, uh, counterpoint (???) that in your experience live poker players are *******s.

What the ****? Did you you have an aneurysm or something?
02-08-2018 , 01:16 PM
Quote:
Originally Posted by spaceman Bryce
Whether or not the trump economy is good for poker is dwarfed in importance by whether or not people want to play poker. In the modern economy i expect poker will be replaced by other more "fun" distractions.

Nevertheless I suspect unmitigated capitalism is bad for the market in the long run. capitalism is only good in so far as it serves peoples ability to be productive and happy. It is unquestionable that free markets are better than what we had before 1950's. but free markets as a religion paves the road for facism in america more than moderation and satisfactory outcomes for individuals. We had free markets 100 years ago. trading was slower then but i believe comparable to todays golden age of free markets.
It's possible but a) gambling can be addictive, and b) there aren't many popular competitive outlets where a fool/amateur can beat an expert and be left with the illusion of being skilled. That doesn't happen in chess or basketball.
02-08-2018 , 02:18 PM
Quote:
Originally Posted by TiltedDonkey


Unfortunately, I actually did read it. You came in here, upset that people were personally attacking Mason, to post the, uh, counterpoint (???) that in your experience live poker players are *******s.

What the ****? Did you you have an aneurysm or something?
Tell me you don't look forward to reading my take on any topic. Be honest.
02-08-2018 , 02:40 PM
Quote:
Originally Posted by Mason Malmuth
We did lay off a couple of people and a couple of our ad representatives do virtually no work for us anymore.

In our case, the ACA didn't directly affect us because we're too small of a company employee wise. But you need to understand that whenever the government does something, whatever it might be, that reduces disposable income it's going to hurt poker, and whenever the government does something that increases disposable income, it should help poker.

By the way, since health insurance seems to be such an important issue for you, I believe that it should be ended except for catastrophic insurance. What I notice is that when in a doctor's office there are usually a bunch of clerks working insurance forms for every doctor, plus the fact that the insurance company makes a profit. So eliminating health insurance should bring health care costs down and probably by a lot.

Now I also recognize that this idea is more complex than it at first appears because what is a catastrophic amount for a low income person may not be the same for someone of higher income. But this is something that can be worked out. Also, there would be the medicare issue for people who have spent years paying into the system who when older expect to get something back. And probably a few other things.

Mason
Bolded is pretty Lol, and as usual it's amazing to see someone who claims to be all about the free market advocating regulations that would effectively destroy an entire industry.

The second part is equally as funny. Here's a radical thought along the same lines: why not have the insurance provider act as a non profit? That should have the added benefit not only of covering more people but also keeping costs down because the insurer doesn't take out money from the pool. Then everyone could get their insurance from that non-profit and everyone would be covered.

It would be as though there were only one entity paying for everyone's health care.
02-08-2018 , 05:15 PM
Quote:
Originally Posted by Mason Malmuth
Hi playinggameswithu:

I think this is a different issue. In my opinion, what has happened is that the edge over bad players that skilled no-limit hold 'em players have is too large relative to the short term luck factor. And this requires a completely different discussion of which a number of these has already occurred on these forums.

Best wishes,
Mason
I tend to think this is almost certainly true, and I can't imagine it changing even if most people see their disposable income start to rise. The only way I can see this changing is if games were completely flooded with new players. The only hope I'd have for that happening is if online poker was declared completely legal in the US (or at least in the majority of US states), but honestly I don't know how interested the average person would be this time around. It's also clear that GOP administrations are completely opposed to online poker legalization, while dem administrations at best just don't care. I just don't understand how someone can care about the state of poker in general while supporting republicans, it really just doesn't make any sense.
02-08-2018 , 05:26 PM
Quote:
Originally Posted by Loki
Trump tax cuts finally starting to roll out. How much are they helping the economy?

Quote:
Originally Posted by goofball
Oops.
Move over second place, Trump's economy comes thundering in to the top two slots in less than a week!

Such great news!
02-08-2018 , 05:40 PM
3 out of the top 10, all in just one week of Trump's tremendous leadership.
02-08-2018 , 08:12 PM
Hi Mason! A few thoughts.

One of the things we do at Two Plus Two is to think about how poker is doing. The better it’s doing, the more books we should print, the more new titles we can take on, the more investment we can put into our website, and so on. Also, from a player’s perspective, the better poker does, the better the games will be, and the better the games are the more money the people we cater to will make. So what’s our current prediction? And why do we feel this way?

Good idea. There are probably several objective metrics you will point towards in drawing your conclusion; poker room traffic, poker site page views, things like that. Right?

Well, our prediction is simple. We think the games over the next two or three years will get better and better, and if you’re a good poker player today, it’ll seem like you’re an even better poker player tomorrow because your expectation should rise. So why is this?


Big prediction in the face of a decade of stagnation and a hostile government re: online poker - I'm hooked!

The answer is simple. The economy is great, and I subscribe to the idea that it’s only going to continue improving. Of course, this creates much disposable income which many people will use for entertainment and poker/gambling is certainly one form of entertainment for many people.


Wait, what? You've made a controversial prediction, "it (the economy, not defined) is only going to continue improving," provided no support for that prediction whatsoever, assumed it as true, then made another unsupported assumption regarding the distribution of economic benefits and therefore poker game quality? Seems like a stretch, but let's continue...

This brings us to the heart of the matter. On our website, we have many posters who literally hate President Donald Trump. But from a poker perspective, his economic policies, and this includes the tax cut which most people will benefit from, the elimination of numerous regulations, the effort to attract more investment into the United States, the current increase in many salaries as well as bonuses, and so on will, in my opinion, literally mean that we should see a growth in poker like we haven’t seen since the early days of the poker boom. (Well, that’s probably an exaggeration, but if you’re reading this you should get the point.)


Putting aside that this is written at a third grade level, what? What regulations, exactly? What specific policies has Trump enacted that attract more investment in the United States? It's interesting you bring up the poker boom; it ended when Republicans effectively banned online poker, so I'm puzzled as to why you would continue to support them.

There’s another thing that appears to be happening; this economic boom is spreading all over the world. It won’t be just the United States where the poker games improve dramatically. It will be most everywhere.

What?

So for all you poker playing Trump haters out there, my advice is to think again.

Why would I do that? He's a racist, sexist, narcissistic moron. The fact that you overlook these things makes me wonder if you are drawn to the GOP by something other than their effect on the "poker economy."

Best,
RM
02-08-2018 , 08:31 PM
(Well, that’s probably an exaggeration, but if you’re reading this you should get the point.)

Hmmm, I'm thinking I probably get the point.

So for all you poker playing Trump haters out there, my advice is to think again.

Yupyup, I get it. *wink* *nod*
02-09-2018 , 12:43 AM
Quote:
Originally Posted by Oroku$aki
It's possible but a) gambling can be addictive, and b) there aren't many popular competitive outlets where a fool/amateur can beat an expert and be left with the illusion of being skilled. That doesn't happen in chess or basketball.
well that was my best effort i guess ill just watch some gay porn now since no one cares.
02-09-2018 , 12:59 AM
Is Mason ever gonna explain why the party of UIGEA and Sheldon Adelson is secretly pro poker?
02-09-2018 , 01:02 AM
Mason seems to plugin that blocks the name Sheldon Adelson, and a few sentences on either side of it, from appearing on his computer.
02-09-2018 , 02:08 AM
Wasn't Adelson the biggest sole contributor to the Trump campaign?
02-09-2018 , 04:16 AM
Quote:
Originally Posted by jt217
I just don't understand how someone can care about the state of poker in general while supporting republicans, it really just doesn't make any sense.
You mean you're confused as to why he thinks republicans are the greatest people ever despite what had to cost him a **** ton of money with UIGEA and various other gambling bans they've done in other states?

I assumed he was trolling about the poker games will improve over the next few years worldwide part because I doubt there's a single person other than him on this board who thinks that.

Last edited by wheatrich; 02-09-2018 at 04:30 AM.
02-09-2018 , 06:53 AM
So the responses are attacking in three general ways:

TRUMP fiscal policy is at best slightly damaging to the economy and at worst a disaster for the economy.

Online poker growth will not be affected by an economy growing at an increased rate. Live poker growth is inconsequential to the overall poker economy I.E. online poker is what really maters.

Mason is ignorant and foolish.

Last edited by adios; 02-09-2018 at 06:58 AM.
02-09-2018 , 07:01 AM
It could be worse. Mason could be you.
02-09-2018 , 08:51 AM
Also what we’ve learned in this thread is that regulations have zero economic impact.

Hidden Costs of Regulations
02-09-2018 , 08:54 AM
Quote:
Originally Posted by adios
So the responses are attacking in three general ways:

TRUMP fiscal policy is at best slightly damaging to the economy and at worst a disaster for the economy.

Online poker growth will not be affected by an economy growing at an increased rate. Live poker growth is inconsequential to the overall poker economy I.E. online poker is what really maters.

Mason is ignorant and foolish.
Note that those are not mutually exclusive and your characterization on live poker does not seem accurate. Also, you missed the attack that, even if the economy improves due to Trump, and that improvement is "good for poker", Trump still lowers overall expected value.
02-09-2018 , 08:56 AM
Quote:
Originally Posted by Paul D
It could be worse. Mason could be you.
02-09-2018 , 10:20 AM
Quote:
Originally Posted by adios
Also what we’ve learned in this thread is that regulations have zero economic impact.

Hidden Costs of Regulations
Asking Mason which specific regulations Trump has rolled back that will help poker is not the same as whatever intellectually dishonest misinterpretive strawman you’re building here.
02-09-2018 , 11:14 AM
Quote:
Originally Posted by adios
So the responses are attacking in three general ways:

TRUMP fiscal policy is at best slightly damaging to the economy and at worst a disaster for the economy.
No, I'd say at best it's good for the economy but in that best case scenario it will also greatly increase inequality. Whether even that best case scenario would have a significant positive effect on poker games is debatable.

Quote:
Originally Posted by adios
Online poker growth will not be affected by an economy growing at an increased rate. Live poker growth is inconsequential to the overall poker economy I.E. online poker is what really maters.
Eh, this is maybe a fair criticism, but I don't think it is controversial to say that the positive impact from a legalization of online poker would be far and away greater than any possible positive impact from a good general economy.

Quote:
Originally Posted by adios
Mason is ignorant and foolish.
This one seems correct from the posts I've seen.

Quote:
Originally Posted by adios
Also what we’ve learned in this thread is that regulations have zero economic impact.

Hidden Costs of Regulations
Uh, this does not seem like an accurate characterization of the posts in this thread, considering that much of the attacking of Mason focuses on the fact that he supports the party that destroyed online poker through "regulation". Which is also the party least likely to lessen or remove the impact of this disastrous regulation.

      
m