Sunday, April 17, 2011

Online Poker is FUBAR

I think the whole thing is pretty ridiculous. It doesn't bother me personally that much. I have less than 7k online right now, so it's not a large part of my bankroll. But I know a friend that has 120k stuck online, and two that have around 30-40k. Those guys pretty much just played online professionally. It really sucks for them. I mean, I can't even imagine what it would be like if they didn't live nearby a casino.
Like let's say they didn't end up going to school. And they were making 100k a year playing poker online. Now, they can't play online. And maybe they live in the middle of nowhere. How could they make money? Get a job? Work at McDonald's for $7/hr? They have no advanced education, not many marketable skills. Seems like they are getting punished for no good reason.

And that doesn't even mention the people who just play poker online casually. What about my dad? He plays $0.05/$0.10 online. Why is that so bad? Frankly I think the government has the wrong perspective of online poker.

That said, this is a justified case. The companies were legitimately using fraud to get around the law. So I'm not saying they are in the wrong. Just that they are too zealous about it.

Whatever, I play live poker. I knew this could happen after the UIGEA got passed as part of the Safe Port Act. Hopefully, the live games will get better. I think there should be a large influx of new players, many of which will be casual players. There will be a lot of good regs too, but overall it might actually soften the games. I kinda doubt it though, but who knows.

I'll see you across the actual felt.
Bryce

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