Everyone's Going Broke in 2007

[sputum]

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I think the poker economy is like any other, subject to boom times and bust times, with bust times coming right after booms. I don't think anyone can argue that poker did not just go through a boom. But recessions (and even depressions) don't mean the end of civilization, so I think it's a little crazy to be saying that a poker-recession, for lack of a better word, means the end of poker.


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Any oldies fill us in on how (say) 1996 compares to this post-apocalyptic wasteland looming in 2007?
It was never going to be this great forever but it's still wonderful even for donkeys like me to grind out $20 an hour playing a game. The opportunities for the good players have been like a modern goldrush. They rarely last either [img]/images/graemlins/grin.gif[/img]

[SplawnDarts]

[ QUOTE ]
[ QUOTE ]
I think the poker economy is like any other, subject to boom times and bust times, with bust times coming right after booms. I don't think anyone can argue that poker did not just go through a boom. But recessions (and even depressions) don't mean the end of civilization, so I think it's a little crazy to be saying that a poker-recession, for lack of a better word, means the end of poker.


[/ QUOTE ]
Any oldies fill us in on how (say) 1996 compares to this post-apocalyptic wasteland looming in 2007?
It was never going to be this great forever but it's still wonderful even for donkeys like me to grind out $20 an hour playing a game. The opportunities for the good players have been like a modern goldrush. They rarely last either [img]/images/graemlins/grin.gif[/img]

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Vegas poker today is a paradise compared to say 1999.

[Jamougha]

2007 is gonna be the year that china opens up its doors for foreign poker sites. Can you say big dollar baby?

However they are only letting euro sites in.

[bearly]

how many 2+2'ers can "crush" games but are always on the verge of going broke.............on the strategy forums they abound.........b

[Little_Luck]

Online qualifiers do drain the online poker economy. However, those same qualifiers who got on TV and won big is what probably caused a lot of people to deposit for the 1st time online in the first place.

Plus, poker is rigged anyways, especially live poker.

[disjunction]

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how many 2+2'ers can "crush" games but are always on the verge of going broke.............on the strategy forums they abound.........b

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Not quite fair. It's hard to tell how much people withdraw, what kind of downswing they keep themselves rolled for, and I'd assume many never redeposit.