An Unprecedented Time: Teenagers and Poker - Page 4

ZeeJustin · #1 10-05-2007, 03:37 PM

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I think a lot of people will have amazing stories to tell ten years from now, and not much else - many professional poker players included.

A lot of players will have debts and drug addictions that will take years to recover from.

Very few will be able to sustain the comfortable living that they are enjoying now.

It is possible that the success will be prolonged with legislation, or legalization in Asian countries, but even then, the games will dry up again.

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Zee, I seriously disagree that poker will be "dried up" in 10 years. I believe that we are barely scratching the surface of the scratch. Many people thought that Amway would be dead 10 yrs ago and its still a pretty viable company.

Please do explain. Lots of guys were making HUGE bank long before the moneymaker boom, and sure, it may slow down a little, but I cannot see this poker phenomenon drying up anytime soon.

Indy

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Poker will probably never "dry up" to the point where it is less popular than it was 7 years ago.

However, high stakes games of equal stakes are much tougher now than they were 7 years ago.

Also, online poker will get tougher at a MUCH faster rate than live poker, but very few of the online pros will be willing to make the switch to live poker, or even know that the switch is necessary before it is too late.

housenuts · #2 10-06-2007, 02:27 AM

when i was 17 i had an online porn advertising site. although nowhere near the 100k+ guys are making these days I made about 15k and felt pretty baller.

CalledDownLight · #3 10-06-2007, 03:27 AM

This really makes me wish I started playing on Party and not stars when I was 18. I didn't know anything except that Stars had better software and support at the time. What a mistake I made.

Floyd13 · #4 10-07-2007, 06:19 PM

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I think a lot of people will have amazing stories to tell ten years from now, and not much else - many professional poker players included.

A lot of players will have debts and drug addictions that will take years to recover from.

Very few will be able to sustain the comfortable living that they are enjoying now.

It is possible that the success will be prolonged with legislation, or legalization in Asian countries, but even then, the games will dry up again.

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Zee, I seriously disagree that poker will be "dried up" in 10 years. I believe that we are barely scratching the surface of the scratch. Many people thought that Amway would be dead 10 yrs ago and its still a pretty viable company.

Please do explain. Lots of guys were making HUGE bank long before the moneymaker boom, and sure, it may slow down a little, but I cannot see this poker phenomenon drying up anytime soon.

Indy

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I totally agree. I don't think we've even seen the poker boom yet. When the real boom hits (yahoo, google, etc.), it's gonna make party poker look like stars or FT right now. Just keep getting better and soon we will all be very rich.

4thstreetpete · #5 10-07-2007, 06:48 PM

Speaking of the poker boom, has Annette's win at the WSOP european tour hit europe yet? There's talk that this could be huge for poker and will eclipse what Moneymaker did for poker in the US. It's a fascinating story but I haven't heard a lot about it. I don't think the poker boom is anywhere close to peaking yet.

SNOWBALL · #6 10-06-2007, 10:42 PM

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When, if ever, has their ever been an outlet even remotely as lucrative for 18+ year old kids (and sometimes younger) as online poker is right now?

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NBA?

Taylor Caby · #7 10-07-2007, 05:44 PM

I don't think this is anything out of the ordinary in this day and age. I think the internet has leveled the playing field in pretty much every field. You can get really good and get publicity at a lot of things at a younge age -- web/graphics design, music, art, finance, poker, etc.

Also, I think we are biased towards the whole "poker is such a great opportunity" because we all are very much aware of what it takes to succeed in this game. There are many, many other ways to make a lot of money, even for young kids.

The example I am thinking of is click arbitrage/google adwords. There are a lot of kids that are making a ton of money, more than the best poker players, through these systems. We just don't hear/talk about it a lot because that isn't something that most of us have experience with.

As a high school or college kid, you should focus on doing what you enjoy doing while keeping an eye open for new opportunities. It's easy to say "if i found poker earlier, or if i only played more...," but this gets you nowhere and is flawed for other reasons i won't address.

As an aside, I suspect one of the "next big things" will have to do with mobile communications. In a couple years everyone is going to have devices that can easily access the net on the go, and we aren't going to rely on laptops and certainly desktops for all of our computing needs. I have no idea how to capitalize on this and I'm sure many smart people already are, but you should be thinking along these lines, not "omg i wish i played party poker in '05."

BTW, it's mind boggling how much money some people must be making off the "text 050505" to XYZ number for ring tones/jokes/etc. I see those ads 24/7 and the overhead must be practically zero. I'm sure there are some young kids running those businesses, it seems unlikely some old guy came up with that idea.

tc

ImsaKidd · #8 10-07-2007, 07:56 PM

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BTW, it's mind boggling how much money some people must be making off the "text 050505" to XYZ number for ring tones/jokes/etc. I see those ads 24/7 and the overhead must be practically zero. I'm sure there are some young kids running those businesses, it seems unlikely some old guy came up with that idea.

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I always think the same when I see those on TV.

Arent almost all of them subscription services?

Indiana · #9 10-07-2007, 11:40 PM

i [img]/images/graemlins/heart.gif[/img] Taylor Caby. Such a smart, legit, poker player.

Thanks for stopping in here.

Indy

Maulik · #10 10-08-2007, 12:40 PM

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