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Old 10-02-2006, 03:17 PM
BadgerPro BadgerPro is offline
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Default Re: Is anyone reconsidering decision to play poker professionally?

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Patience everyone. Let me get the obvious out of the way first, this sucks. Now that that's done, there is no reason to go into panic mode. The US market for online poker is just too big. There are a lot of things that can happen at this point, some good and some bad. In a weird way, this could end up being a GOOD thing for poker players. I know it's tough to see that now, but a consolidation among the major sites isn't always a bad thing.

It's easy to push the panic button now, but someone will cater to the US market, and provided they enlighten the fish on how to get there, we'll still be able to play.

I'm trying not to stay overly optimistic or pessimistic, but there *IS* a 6 BILLION dollar market for online poker that didn't just disappear this morning. Someone, somewhere will cater to it. The real issue will be once the smoke blows over if the games remian fishy, or if we're all playing against one another in less +EV situations. It also may quickly become better to be a cash/SnG player than a MTT player if there is a significant dip in US participation, since Europeans tend to play cash more. That's one reason why I try and stay diversified and good at multiple formats/games.

Yeah, this sucks. In the long run we may look back at this as the day online poker died. We also may look at it as the day online poker was finally forced to innovate and improve to attract players, or the day online poker stood up and pushed for broader acceptance/regulation. We also may look back at it as merely a speed bump in the road that ultimately means very little.

Let's not jump ahead of ourselves. I for one, am very pleased with my decision to go professional and am still very much adopting a 'wait and see' attitude towards all of this. I urge you all to do the same.

-Rizen

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I echo Rizen's statement. I will wait and see how this plays out. I have kept my working bankroll on Stars but have withdrawn my money from Party and cashed out of Neteller for the time being. My only reason for cashing out of Party is because I've never trusted them much in the past and had only deposited there for the Blackjack promotion that never took place.

I'll requote this one more time:

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I for one, am very pleased with my decision to go professional.

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Depending on how this all plays out I guess I may move and start playing live. [img]/images/graemlins/smile.gif[/img]
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