Re: A Clarification
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i'd still like a person to come with a detailed analysis of why this situation will change. Perhaps its just my monkeybrain, but i see casino's flourish for decades now where all games clearly give negative expectation in all sorts. All stories i've heard so far could just as easily (or even more) be applied for casino's in all of time. I didn't see that "bubble" burst though.. Looking from a gamblers point of view poker is just good fun, since any two cards can win, you can "do stuff" between the first and the last to improve your possible winnings and its a pretty social event.
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Here's a simple view of why the games will get worse:
Assume
1) The number of new players each year is constant and
2) The best players stick around for many years whilst the bad players disappear fairly quickly.
Then each year the proportion of bad players falls and the games get harder.
Its not all doom and gloom because:
1) must become true once the market matures but I think we are some way of that point.
2) may not be true for low and middle limit poker. Its high limit and no limit that is the danger as MM keeps banging on about.
Also many of the better players leave because they get bored or move to higher stakes than we play, and hopefully we are learning by experience and have an advantage on most of the decent players joining after us.
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