One thing I just don't get about the "fish will lose their money" deal

Karak567 · #1 09-14-2005, 01:46 PM

People make the argument that "the fish will lose all their money, realize they are on the wrong side of the odds, wise up and go gamble elsewhere."

But what about blackjack? craps? roulette? "Fish" have been losing their money to casinos on these games for nearly a century and they haven't gone ANYWHERE.

What makes you think the fish losing their money to other players are going anywhere? Poker is a lot more fun than blackjack, roulette and craps AND a player can convince themselves that they are a winning player whereas in the other games that is much more difficult.

The fish aren't going anywhere! Sure the pool might dry up a little, but come on, just look at casino games now! Slot machines? People lose money on them every single day and never go away!

Sorry if this is a repost I am not too often a lurker here.

Nigel · #2 09-14-2005, 01:59 PM

I'm just more concerned the fish will just lose all their money, period. If you need confirmation of this, look at the current state of the Party 30/60.

Half of my buddly list can be found at 5/10 and lower now.

Karak567 · #3 09-14-2005, 02:04 PM

I guess I am not too informed about the higher limit games. I play SNGs and fish lose all their money a lot slower there and can convince themselves that they win a lot easier.

Uglyowl · #4 09-14-2005, 02:19 PM

The play has been as bad as I have ever seen the past few weeks. I see no issues of now. (This is at $2/$4 and $1/$2 and $20 SNG's)

#5 09-14-2005, 03:21 PM

Fish has always been there and will definitely stay here forever. I ´m pretty sure of that. Also they will never run out of money because new fish and new money will replace the old one. Einstein once said Human stupitiy is the only earth resource that will never be extinct or we will never run out of. So guys relax.
tess

Rudbaeck · #6 09-14-2005, 06:47 PM

[ QUOTE ]
I'm just more concerned the fish will just lose all their money, period. If you need confirmation of this, look at the current state of the Party 30/60.

Half of my buddly list can be found at 5/10 and lower now.

[/ QUOTE ]

It's been that way as long as I can remember, though I've mostly seen it from the other direction. Many, if not most, of my buddies move up and down all the way from 1/2 to 30/60. I think many of them play in the biggest game they can currently afford, if they get stuck they redeposit come payday and try to get even.

A_C_Slater · #7 09-14-2005, 07:07 PM

The thing is fish will never decrease in a Brick and Mortar room because they don't keep records. It's easy to convince yourself you're a winning player if you don't keep records. Hell, go up and talk to a slots player and ask them if they're winners, almost all of them will say they have won more than they lost. That's because all their losses and wins get "mixed" in with their other money.

But online this "mixing" does not occur. The cashier box forces them to look at thier results in cold black and white fact. They know how much they've deposited and they can't lie to themselves when that number isn't going up above it's starting point.

Hence "online is rigged, I know, because I always win when I play live."

Rudbaeck · #8 09-15-2005, 07:05 AM

Very true, but I don't think that will hurt the fish pond as much as some people are predicting. It will rather make fish more likely to play tournaments. (Where a big win once in a blue moon is enough to keep em convinced they are winners on a bad run of cards...)

But yes, the games have gotten a bit worse over the last year.

I'm more worried about the shark population actually. Burnout seems to be HIGH among 2+2 posters. (Ok, I'm not worried about the shark population, but I am worried about a few of my mates.)

pyroponic · #9 09-15-2005, 03:27 PM

[ QUOTE ]
I'm more worried about the shark population actually. Burnout seems to be HIGH among 2+2 posters. (Ok, I'm not worried about the shark population, but I am worried about a few of my mates.)

[/ QUOTE ]

Just because someone can play winning poker doesn't make him or her a shark.

#10 09-15-2005, 09:21 AM

[ QUOTE ]
The thing is fish will never decrease in a Brick and Mortar room because they don't keep records. It's easy to convince yourself you're a winning player if you don't keep records. Hell, go up and talk to a slots player and ask them if they're winners, almost all of them will say they have won more than they lost. That's because all their losses and wins get "mixed" in with their other money.

But online this "mixing" does not occur. The cashier box forces them to look at thier results in cold black and white fact. They know how much they've deposited and they can't lie to themselves when that number isn't going up above it's starting point.

Hence "online is rigged, I know, because I always win when I play live."

[/ QUOTE ]

Yes, this is a concern of mine. I really wonder about the future of online gambling, due exactly to this. There's no way an online player can fool himself into thinking he's winning over time, because he knows he has to keep putting money into the casino and that he's not getting anything out of it. His balance over time always drops to zero and then he has to redeposit.