Why Current Online Win Rates Won't Persist

[gabbahh]

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and on top of that, at least in the asian countries...gambling is heavily frowned upon, these people would never do something, at least on a large scale, that they know their family would dissaprove of


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Except the chinese. Gambling equals luck and happiness in their culture. Chinese immigrants flock casino's in Holland. If China would become a democracy expect some crazy poker boom. Don't see that happening though.

[Voltron87]

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and on top of that, at least in the asian countries...gambling is heavily frowned upon, these people would never do something, at least on a large scale, that they know their family would dissaprove of


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Except the chinese. Gambling equals luck and happiness in their culture. Chinese immigrants flock casino's in Holland. If China would become a democracy expect some crazy poker boom. Don't see that happening though.

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go check average household income in china

[Rudbaeck]

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Except the chinese. Gambling equals luck and happiness in their culture. Chinese immigrants flock casino's in Holland. If China would become a democracy expect some crazy poker boom. Don't see that happening though.

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go check average household income in china

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Well, with over one billion citizens there are enough above average households for a pretty solid poker boom.

hi guys I'm new here.

slightly off topic question for pondering. Do you think legalization of online gambling in the US would cause a huge increase in the fish population?

I'd say so, because don't most credit cards deny US citizens from making a deposit? meaning that anyone with a credit card could just pop in money and play it all away. (i could be wrong, do they allow straight credit card transactions here in the US? (visa, mastercard, etc) most fish don't want to go through the hassle of netteller or firepay do they?

soap box...not that I see this happening. the US has such a messed up moral system, a legalization bill would likely be shot down.

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Do you think legalization of online gambling in the US would cause a huge increase in the fish population?



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I am hoping this happens in about 4 or 5 years. This will create an enormous boom in fish. There are so many people who are intimdated and avoid poker for the simple reason that the U.S. government frowns upon it. A US stamp of approval should do away with these attitudes and bring in a large amount of casual players.

[MyTurn2Raise]

approval of online gambling would bring regulation by the US gov't and you do not want the US gov't involved in anything

You think Party Poker is bad...wait 'til Uncle Sams hands find the till

ENJOY!

[Mempho]

How does this make your individual situation worse? The amount of tax you owe will not change. Yes, it would create government red tape, but you will have to deal with no more than you do already....unless you fear a W2-G on tournament winnings or P&L statments (which should make your job easier).

[Greg J]

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Do you think legalization of online gambling in the US would cause a huge increase in the fish population?

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It would, IMO, lead to a golden age of online poker. The fish would literally jump into the boats. [img]/images/graemlins/grin.gif[/img]

And keep in mind that technically the current illegatily/ambiguious legality of online poker is technically in violation of international trade agreements we have made (according to WTO rulings). The next presidential administration and congress might lead to the full legalization of online gambling. The gambling industry in this country is eager to cash in on the power of the internet. So don't be too pessimistic, but I don't see it happening until 2008 at the earliest.