Sunday, April 17, 2011

Abrupt slow down on the learning curve.

Pretty wicked couple of days, two of the biggest sights, are shut down to U.S. players, Poker stars and Full Tilt. This has affected several friends that are not in close proximity of brick and mortar casinos and were making a comfortable living off of all of those lunch boxes on those sites.

Well I just wanted to get a quick opinion on what I think is going to happen:
I believe other poker sites are taking on U.S. customers but how are they going to pay them? This way of making a living is going to be hurt for the next few years. We will lose the Poker stars funded tournament series, we may lose poker after dark and the coverage of the WSOP. All may have been funded by those sites. Casinos are going to lose a percentage of players in the long run due to the lack of on-line play. Live tournaments and cash games at those tournaments are going to get a nice increase, especially at the lower buy ins, of people, but over time that will fade. The huge fields we had in the past are gone! Poker sites sent tons of these folks to play through sponsorship, through winning small buy in tournaments, or because people did so well and made the money through beating other people. Without being able to multi-table and show film of what was done to help with training videos there will be a set back in the learning curve. Before when you could play more hands in a month than an older seasoned pro who has 20 years under their belt, is going to go away...unless you like play money or you are moving out of the U.S. Poker will not die, it may fade a bit but it will still be popular but we may not get as many younger players in as their only means of playing for real money will be in casinos and most of the time they need to be 21, unless they can Phil Ivey their way in.

Again, Poker will not fade away into the night, it's popularity may fade a bit but we will have a new generation of lunch boxes and those who play in casinos should be ready to reap the riches!

Just my opinion...you all stay nice as rice and mello as jello!

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