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Reef 11-17-2004 12:48 PM

Poker boom life expectancy
 

Topflight 11-17-2004 01:05 PM

Re: Poker boom life expectancy
 
No matter what happens, present day and future poker will be better than pre-boom poker. Everyone has been exposed to it now.

The only real thing to worry about is the online poker boom.

JasonK 11-17-2004 01:12 PM

Re: Poker boom life expectancy
 
I can only think of two things that could kill the poker boom. The big sites going under or the US government cracking down on internet gambling.

manpower 11-17-2004 01:21 PM

Re: Poker boom life expectancy
 
[ QUOTE ]
the US government cracking down on internet gambling.

[/ QUOTE ]
Ah, but we've got the WTO on our side. Linky!

radek2166 11-17-2004 01:22 PM

Re: Poker boom life expectancy
 
2 words Day Traders.

Bluffoon 11-17-2004 01:28 PM

Re: Poker boom life expectancy
 
Heh Heh

I made a few bucks day trading on the side... Im making a few bucks playing poker on the side... Anybody see the next wave coming?

asofel 11-17-2004 02:16 PM

Re: Poker boom life expectancy
 
[ QUOTE ]
Heh Heh

I made a few bucks day trading on the side... Im making a few bucks playing poker on the side... Anybody see the next wave coming?

[/ QUOTE ]

self prostitution?

Reef 11-17-2004 04:07 PM

Online boom
 
My main concern was actually online. I failed to mention this. But when it does dwindle online, will fish be an endangered species? I sure as (censored) hope not

twankerr 11-17-2004 05:22 PM

Re: Online boom
 
I think poker in the form it is now will not live on. They used to play stud, 7 cards! Now we are down to two cards, AND NO BETTING LIMIT! Next game will one card, high card wins!!

Seriously though, casinos are cash cows in America now, and I don't see any reason for casinos to slow down. Plus people like competiting in games where the odds aren't against them. There is no "edge" for the house in poker.

spadeclub99 11-17-2004 05:52 PM

Re: Online boom
 
There is a house edge in poker. Rake or time charge. All equal players with equal luck over long term leads to everyone losing and house winning. Live games will continue to boom, most new players I know want to play live. Live games are popping up like crazy in NYC, in clubs, bars and private games.

CORed 11-17-2004 06:58 PM

Re: Online boom
 
[ QUOTE ]
Next game will one card, high card wins!!

[/ QUOTE ]

It already exists. It's called Casino War. (house banked and unbeatable)

driller 11-17-2004 09:42 PM

Re: Online boom
 
I love playing poker. There are pros and cons to online play, but overall, for me, it is far superior to live play. Seems like a lot of people who live in Las Vegas think so too! I think it will only grow in popularity unless the government(s) shuts it down.

SinCityGuy 11-18-2004 12:22 AM

Re: Poker boom life expectancy
 
[ QUOTE ]
Ah, but we've got the WTO on our side.

[/ QUOTE ]

Yeah, and we all know how much respect the Bush administration has for world governing bodies and world courts.

SinCityGuy 11-18-2004 12:53 AM

Online low-limit will be the first to dry up
 
Within the next year or two, the bots and the deluge of multitablers will dry out the low-limit fish ponds.

In the last several months, the flop percentages in 2/4 and 3/6 have dropped by over 5%. I think the biggest reason for this are the thousands of multitablers, and it's only going to get worse.

duk 11-18-2004 01:12 AM

Re: Online low-limit will be the first to dry up
 
[ QUOTE ]
In the last several months, the flop percentages in 2/4 and 3/6 have dropped by over 5%. I think the biggest reason for this are the thousands of multitablers, and it's only going to get worse.

[/ QUOTE ]


Do you have evidence of this? According to my stats, the percent seeing flop before from May - July at 3/6 was 32.4, and from October on it is 32.7. This is over about 15,000 observed hands for each period. Not a significant change, if you ask me.

SinCityGuy 11-18-2004 01:32 AM

Re: Online low-limit will be the first to dry up
 
My Pokertracker 3/6 stats from a year ago show a 36% flop percentage over 30,000 hands.

lefty rosen 11-18-2004 01:43 AM

Re: Online low-limit will be the first to dry up
 
The games have started drying up. It will only get worse. If you played May of last year on Party the 3/6 games were absolutely stupid in the evenings. I remember most tables were in the 50's with 4 to a flop with chasing and whackos. Then by about September the 50 dollar table was rare night time treat. You have to remember online play is not rewarding if you only deposit and never cash. Unlike live where you can win and spend the money even if you are a definate long term loser........

Rah 11-18-2004 08:26 AM

Re: Online low-limit will be the first to dry up
 
I think the poker boom will... hey, wait a minute, haven't I answered this question before?

fnord_too 11-18-2004 03:34 PM

Re: Poker boom life expectancy
 
Right now, it seems that on line poker is easy money. These situations don't last too long, good players will continue coming in until the the expectation that a capable person can make drops below a certain threshold. That threshold will probably be pretty low since poker is also fun. I don't expect the boom to end so much as the games to get tougher. Of course, growth will slow down.

I think the observation that poker is not much fun if you never withdraw is particularly poignant. If the losing players never make withdraws (even if they amount to a small fraction of their deposits), they will have a much harder time deluding themselves about where they stand.

All in all, I think the fields will be fertile for 1-3 years. After that, I think the game will still have a positive expectation for winning players, but a much lower one; the opportunity just seems too great not to attract enough competent players to drive down expectation.

Reef 11-18-2004 03:45 PM

Fish cashing out
 
[ QUOTE ]
You have to remember online play is not rewarding if you only deposit and never cash.

[/ QUOTE ]

So maybe party and other sites should change the minimum cashout from $50 to $X? (5<X<40)

TonyBlair 11-18-2004 04:59 PM

Re: Poker boom life expectancy
 
That's not a new concept and doesn't even cover my table charge of an evening. Of course, I'm not top of the range - more crabs than aces.


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