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  #1  
Old 08-11-2005, 11:11 AM
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Default Is the action drying up on Party Poker?

This is my first post so forgive me if I am redundant or in the wrong spot.

Arethe games tighting up on Party at even the lower limits and are the loose players being driven out? That is are the profit making opportunities being driven out of the game as more people flock to try and become pros? I am an economist and this is what we would expect to happen given the incredilbe profit opportunites that were present a couple of years ago. Profits bring more skilled players into the market which drives down profits.

On a personal note I took up the game in earnest in April and it seems to me that the games have tighted up at Party significantly since then. It seems the line ups for the highest average pot tables have increased and ther are fewer of them at the .5/1 to 3/6 limits. Would you guys agree with this observation.

Like many I aspire to go pro someday but wonder if the opportunity will still be there for me in say a year or two once my game has improved enough? Do you think there will be so many skilled players playing in the next two years that profit opportunites willl eveaporate?

Thanks
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  #2  
Old 08-11-2005, 11:15 AM
W. Deranged W. Deranged is offline
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Default Re: Is the action drying up on Party Poker?

I know some say that the best economists are defunct mathematicians. Regardless, I have no reason to think that the best poker players are defunct economists...

You have a sweet gig. Why would you want to quit your day job?

FWIW I have no intention of ever going pro.
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  #3  
Old 08-11-2005, 11:22 AM
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Default Re: Is the action drying up on Party Poker?

Thank you for your reponse.
I love holdem.
Learning to play holdem well, where each situation is different is the most exciting thing I have come across in the last few years. I have done reasonably well investing in the stock market and in hedge funds and this might allow me to semi-retire. I live in Canada so I would pay no taxes on my winnings.
Any thoughts on where profit opportunities playing internet holdem will be over the next few years?
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  #4  
Old 08-11-2005, 11:25 AM
callmedonnie callmedonnie is offline
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Default Re: Is the action drying up on Party Poker?

Why not? Working sucks.
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  #5  
Old 08-11-2005, 11:25 AM
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Default Re: Is the action drying up on Party Poker?

Amen
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  #6  
Old 08-11-2005, 11:28 AM
rryjew rryjew is offline
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Join Date: Sep 2004
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Default Re: Is the action drying up on Party Poker?

To answer your question, I think Party has an endless supply of fish. Like many here, I use PT to keep my buddy list up to date and I've been doing fine, even though my game sucks, just not as bad as those on my buddy list.
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  #7  
Old 08-11-2005, 11:32 AM
meep_42 meep_42 is offline
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Default Re: Is the action drying up on Party Poker?

No.

But, on a related note, the sky is falling.

-d
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  #8  
Old 08-11-2005, 11:33 AM
meep_42 meep_42 is offline
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Default Re: Is the action drying up on Party Poker?

Don't even Canadians have to pay taxes if they are pro gamblers? I thought it was just recreational gamblers that got the free pass...

-d
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  #9  
Old 08-11-2005, 11:35 AM
shant shant is offline
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Join Date: Oct 2004
Location: Los Angeles
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Default Re: Is the action drying up on Party Poker?

Yes. Learn Backgammon now.
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  #10  
Old 08-11-2005, 11:36 AM
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Default Re: Is the action drying up on Party Poker?

I ain't that type of economist, otherwise I would not of made any money in the stock market.

I have a former student who is a semi pro and plays higher limits on 15/30 above, who suggested that lately the upper limits have been souring.
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